Overview

• The Senate voted 51-49 to advance the 940-page tax-cut and spending package under reconciliation rules with Senators Tillis and Paul joining Democrats in opposition.
• Minority Leader Chuck Schumer forced a full reading of the bill text, triggering a delay of over 15 hours before formal debate can begin.
• Vice President J.D. Vance led last-minute GOP negotiations on the Senate floor and remained on standby to cast a potential tie-breaking vote.
• A nonpartisan CBO analysis warns the legislation would add roughly $3.8 trillion to deficits and increase the uninsured by nearly 12 million by 2034 through Medicaid and SNAP cuts.
• Senate leaders plan 12 hours of debate followed by a vote-a-rama of amendments and a final passage vote by early Tuesday under a self-imposed July 4 deadline.