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Congress' Budget Bill Advances From Senate Without Crypto Tax Provision

Upworthy Tuesday, 1 July 2025 ()
With the U.S. Senate's passage of the bill meant to carry forward the bulk of President Donald Trump's policy agenda, last-minute changes to the "One Big Beautiful Bill" didn't include a proposal to clarify and ease crypto taxation. Though Senator Cynthia Lummis had advocated changes to the U.S.…
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News video: Trump’s $3.3t Tax Bill Faces Senate REVOLT As Renewable Cuts Trigger Backlash | Debt Panic Grows

Trump’s $3.3t Tax Bill Faces Senate REVOLT As Renewable Cuts Trigger Backlash | Debt Panic Grows 03:21

President Donald Trump’s $3.3 trillion tax and spending bill has hit turbulence in the U.S. Senate. Senate Majority Leader John Thune is racing to meet Trump’s July 4 deadline, but faces internal GOP divisions. At least eight Republican senators oppose key parts of the bill, ranging from Medicaid...

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