Your browser is: WebKit 537.36. This browser is out of date so some features on this site might break. Try a different browser or update this browser. Learn more.
Explainer

What’s New in the Senate Version of Trump’s Tax and Spending Bill

The US Capitol at dawn in Washington.Photographer: Stefani Reynolds/Bloomberg

Senate Republicans plan to modify President Donald Trump’s massive fiscal package to lower maximum deductions for state and local taxes and limit the impact of a “revenge” tax on foreign investors.

Senate GOP leaders also plan to cut deeper into Medicaid health insurance for the poor and disabled than House Republicans did in their version of the legislation to help pay for Trump’s tax cuts.