The U.S. Senate advanced President Donald Trump’s sweeping tax-cut and spending bill after Republicans resolved concerns over rural hospitals and state tax deductions.
U.S. Senate Republicans moved closer to advancing President Donald Trump’s signature tax and spending bill on Saturday, following last-minute changes to address concerns from key lawmakers.
The legislation, Trump’s top legislative priority, extends the 2017 tax cuts, introduces further tax reductions, and increases funding for the military and border security.
Senator John Barrasso, the Senate’s No. 2 Republican, said a first procedural vote could happen shortly, though it had not begun by 20:00 GMT as he anticipated.
Republicans control the Senate 53-47 and expect to overcome Democratic opposition, despite criticism that the bill’s tax breaks would favor the wealthy and swell the national debt.
Nonpartisan analysts estimate the House version would add about $3 trillion to the $36.2 trillion U.S. debt. A watchdog group projected the Senate version could add up to $4 trillion over the next decade.
Democrats, led by Senator Chuck Schumer, demanded that the full 940-page bill be read aloud on the Senate floor, a process likely to stretch overnight.
Business leader Elon Musk joined the criticism, calling the bill "utterly insane and destructive" on social media, warning it would cost jobs and harm the economy.
Republican Senators Josh Hawley and Susan Collins, after raising concerns over rural healthcare funding, said Saturday they were ready to move forward.
If the procedural vote passes, the Senate is expected to begin debating Democratic amendments, with final votes possibly extending into Sunday.
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U.S. and Pakistani leaders forecast a Sunday signing of a long-elusive framework agreement to end fighting between the United States and Iran, as Reuters, quoting an unnamed Iranian official, has provided an outline of the possible deal.
A senior Iranian official told Reuters that a draft memorandum with the U.S. covers issues including Iran’s nuclear programme, reopening the Strait of Hormuz, and U.S. waivers on oil sanctions, with further negotiations expected within 60 days of an initial agreement.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 13 June, covering the latest developments you need to know.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
The New York Knicks defeated the San Antonio Spurs 94-90 to close out the series 4-1 and claim their first NBA championship since 1973, sparking celebrations across New York City.
In the runup to the G7 summit, hosted by France in Évian-les-Bains on Monday, 15 June, China has addressed global economic balances in a videoconference hosted by French President Emmanuel Macron. It is a rarity for Beijing to engage directly with the group.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Romania's centrist President Nicușor Dan on Sunday designated Adrian Veștea, a member of the liberal party, as prime minister, after independent candidate Eugen Tomac withdrew.
North Korea said on Sunday, 14 June, that denuclearisation is a matter that is irreversibly terminated, in a condemnation of recent nuclear deterrence talks between the U.S. and South Korea.
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