https://www.taxtmi.com/news?id=48199 The Senate advanced a comprehensive tax and spending package by a tie-breaking Vice Presidential vote, making prior tax-rate reductions permanent, adopting new tax preferences and rolling back green energy credits, while pairing these with sizeable entitlement reforms focused on Medicaid and SNAP-including work requirements, tighter eligibility and changes to federal reimbursements-measures the CBO says would raise the uninsured rate and increase the deficit; the bill returns to the House after securing state-specific carve-outs and funding offsets amid notable GOP divisions. en-us Wed, 02 Jul 2025 01:01:03 +0530 Wed, 02 Jul 2025 01:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=48199 The Senate advanced a comprehensive tax and spending package by a tie-breaking Vice Presidential vote, making prior tax-rate reductions permanent, adopting new tax preferences and rolling back green energy credits, while pairing these with sizeable entitlement reforms focused on Medicaid and SNAP-including work requirements, tighter eligibility and changes to federal reimbursements-measures the CBO says would raise the uninsured rate and increase the deficit; the bill returns to the House after securing state-specific carve-outs and funding offsets amid notable GOP divisions. News - Wed, 02 Jul 2025 01:01:03 +0530 https://www.taxtmi.com/news?id=48199