Source: The American Prospect
by David Dayen
“The Senate Finance Committee released the text of its critical portion of the Big Beautiful Bill late Monday afternoon. The big thing to note is that the Senate does pick fights with two motivated House factions: the “SALT Caucus” that wants bigger tax breaks for high-income earners who deduct state and local taxes, and the Freedom Caucus that wants quicker phaseouts for clean-energy tax credits. But in the health care title, the bill actually got worse, and will be more immiserating for patients, hospitals, and states, particularly blue states. Here’s what we know so far while we continue to dig into it …” (06/17/25)