Back to today’s briefing

Story perspectives

Senate Pushes Controversial Bill to Slash Medicaid Funding

6/10/2025

34 2

Left

Thune Drives Funding Cuts

The Republican-controlled Senate is pushing forward with the ambitious "One Big, Beautiful Bill," seeking to slash Medicaid and food stamp funding to cement the tax cuts from the 2017 Trump-GOP tax law. Majority Leader John Thune is rallying small groups to resolve internal conflicts, aiming for a swift passage by month-end, bolstered by substantial corporate donations.

Right

Durbin Advocates Legislation

Senator Dick Durbin is pushing to link the Credit Card Competition Act with the Genius Act, designed to regulate stablecoins. Critics warn this move could favor giant retailers like Walmart at the expense of consumers and small businesses. The potential amendment threatens to fracture the bipartisan support crucial for the Genius Act's success.

1 of 2

Thune Drives Funding Cuts

The Republican-controlled Senate is pushing forward with the ambitious "One Big, Beautiful Bill," seeking to slash Medicaid and food stamp funding to cement the tax cuts from the 2017 Trump-GOP tax law. Majority Leader John Thune is rallying small groups to resolve internal conflicts, aiming for a swift passage by month-end, bolstered by substantial corporate donations.

1 / 2