Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Key GOP senator defects on crucial vote, imperiling Trump’s ‘big, beautiful bill’ in narrow majority

by admin June 29, 2025
June 29, 2025
Key GOP senator defects on crucial vote, imperiling Trump’s ‘big, beautiful bill’ in narrow majority

A vulnerable Senate Republican put his foot down against President Donald Trump’s ‘big, beautiful bill’ over concerns of deep Medicaid cuts inside the megabill.

Sen. Thom Tillis, R-N.C., told Fox News Digital that he would not support the measure through a procedural hurdle necessary to kick off a marathon of debate and amendment voting that would eventually culminate in the measure’s final passage.

Tillis, who is up for reelection in 2026, said after exiting the Senate GOP’s closed-door lunch that he has a ‘great relationship’ with his colleagues, but that he couldn’t support the colossal bill.

‘We just have a disagreement,’ he said. ‘And, you know, my colleagues have done the analysis, and they’re comfortable with the impact on their states. I respect their choice. It’s not a good impact in my state, so I’m not going to vote on the motion to proceed.’

He also won’t support the bill during the final stretch. Tillis is part of a cohort of Senate Republicans who have expressed reservations over the Senate GOP’s changes to the Medicaid provider tax rate.

Tillis’ resistance to the bill is a bad sign for Senate Majority Leader John Thune, R-S.D., who can only afford to lose three votes. So far, Sen. Ron Johnson, R-Wis., has vowed to vote against the procedural test, and Sen. Rand Paul, R-Ky., is expected to follow suit. 

Trump was meeting with Johnson and Sen. Rick Scott, R-Fl., another possible holdout, during the lunch. 

Lawmakers are expected to vote to advance the bill at 4 p.m. on Saturday. 

The mounting resistance could force Thune to go back to the drawing board. Further complicating matters is Collins, who is also up for reelection in 2026, who said that while she would support the bill through the first step, she was leaning against voting to pass the bill in the final stretch unless the legislation was ‘further changed.’

The latest version of the bill, which dropped near the stroke of midnight, included tweaks to the Senate’s offering that would push back the provider rate crackdown by one year, and also added another $25 billion for a rural hospital stabilization fund.

While others in the group, like Sens. Susan Collins, R-Maine, and Josh Hawley, R-Mo., are on board to at least see the legislation move through the first key procedural hurdle, Tillis has argued that his state would be harshly affected by the crackdown.

Indeed, during a closed-door lunch earlier this week, the lawmaker reportedly warned that North Carolina could lose as much as $40 billion in Medicaid funding if the changes were codified.

For now, Tillis is unlikely to budge, even after conversations with Trump. He is also planning to unveil further analysis on the impact of Medicaid cuts on his state that he said no one in the ‘administration or in this building’ has been able to refute.

‘The president I have talked, and I just told him that, ‘Look, if this works for the country, that’s great. And if my other colleagues have done extensive research and concluded it’s different in their states, I respect that,’’ he said. ‘We just have a disagreement based on the implementation in our respective states.’

This post appeared first on FOX NEWS

previous post
Terror in Gaza: Hamas offers bounties to kill US and local aid workers, group says
next post
Week Ahead: As NIFTY Breaks Out, Change Of Leadership Likely To Keep The Index Moving

Related Posts

Israel hits the ‘heart’ of Iran’s nuclear program...

June 13, 2025

Experts reveal Trump’s next move could be ‘nail...

April 27, 2025

Mike Johnson re-elected House speaker as GOP mutiny...

January 4, 2025

Former Philippine President Rodrigo Duterte arrested at airport...

March 11, 2025

‘Squad’ Dem applauds Biden for sparing murderers from...

December 24, 2024

Democratic congressman hurls profanity-laced message at Stephen Miller

June 26, 2025

Biden’s Defense Department announces new multibillion-dollar aid packages...

January 1, 2025

Lawmakers eye ‘low hanging fruit’ for government efficiency...

December 18, 2024

Inside the Situation Room, where Trump and his...

June 23, 2025

Trump re-designates Iranian-backed Houthis as terrorists: ‘Threaten[s] security...

January 23, 2025

Recent Posts

  • S&P 500 Earnings for 2025 Q1 — Still Overvalued
  • Don’t Overlook This Lagging Industry; I Believe It’s Set To Explode!
  • Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns
  • Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke
  • BTV Highlights: North American Iron, West Red Lake Gold Mines, Northisle Copper and Gold, Westport Fuels, US Gold, Orvana Minerals, Avino Silver & Gold, Pasofino Gold, & Mayfair Gold

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • S&P 500 Earnings for 2025 Q1 — Still Overvalued

    July 7, 2025
  • Don’t Overlook This Lagging Industry; I Believe It’s Set To Explode!

    July 7, 2025
  • Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns

    July 7, 2025
  • Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    July 7, 2025
  • BTV Highlights: North American Iron, West Red Lake Gold Mines, Northisle Copper and Gold, Westport Fuels, US Gold, Orvana Minerals, Avino Silver & Gold, Pasofino Gold, & Mayfair Gold

    July 7, 2025
  • Questcorp Mining Continues Exploration in Advance of Drilling at the La Union Gold & Silver Project in Mexico

    July 7, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 3

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 4

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 5

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
Promotion Image

banner

Categories

  • Business (442)
  • Investing (1,495)
  • Politics (1,855)
  • Stocks (632)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2025 bullhedging.com | All Rights Reserved