Connect with us

Hi, what are you looking for?

Investing

GOP, Dem senators remain divided over Medicaid after Trump’s ‘big, beautiful bill’ vote

Senate Republicans and Democrats remain divided on the Medicaid issue hours after President Donald Trump’s ‘big, beautiful bill’ passed a key Senate vote Saturday night.

Sen. Jim Banks, R-Ind., and Sen. Chris Coons, D-Del., both appeared on ‘Fox News Sunday’ to discuss Trump’s legislation in the wake of the 51-49 vote.

Banks argued that the Medicaid reforms would only affect certain people.

‘The Medicaid reforms would affect able-bodied Americans, those who are sitting at home who can work, who don’t work, who don’t have a sick kid or a sick mom, they shouldn’t receive Medicaid without working,’ he said. ‘And on top of that, the bill would take Medicaid away from illegal immigrants.’

Coons conceded there are states that are using their state funding to provide healthcare ‘for people who are undocumented,’ though argued that Trump’s $900 billion cuts to the program ‘are not about throwing people off of Medicaid who are not here legally.’

‘They are about imposing more and more requirements on the beneficiaries of Medicaid,’ the Democrat said.

Banks argued that taxes for everyday Americans will go up if the bill doesn’t get passed.

‘If we don’t pass this bill, everyone’s taxes on average will go up $2,000 a household, and that’s not fair to the regular Americans who work hard every day,’ he said.

Lingering concerns in both chambers about Medicaid — specifically the Medicaid provider tax rate and the effect of direct payments to states — energy tax credits, the state and local tax (SALT) deduction and others proved to be pain points that threatened the bill’s survival.

Coons, however, said that Americans who don’t believe the Democrats’ standpoint should listen to Sen. Tom Tillis, R-N.C., who, along with Sen. Rand Paul, R-Ky., voted against the bill.

‘Don’t believe me. Listen to Senator Tom Tillis,’ Coons said. ‘He’s been saying loudly this bill is a bad deal for the middle class. It’ll raise healthcare costs and throw millions off of needed health care.’

On Sunday morning, Trump slammed both Tillis and Paul on social media. 

Hours later, Tillis announced he would not seek reelection.

Sen. Tillis announces he will not seek re-election

Following the vote, Minority Leader Chuck Schumer, D-N.Y., demanded that the text of the behemoth bill be read aloud before debates begin. After 14 hours, Senate clerks were still about 120 pages short of finishing reading aloud the 940-page text.

Once the reading is finished, the two parties will each get about 10 hours to debate on the bill. 

The timeline puts a likely Senate vote-a-rama on the bill in the early morning hours of Monday. A final passage vote could happen between late morning and late Monday night.

Fox News Digital’s Alex Miller and Fox News’ Tyler Olson contributed to this report.

This post appeared first on FOX NEWS

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    ✨ Let’s Spark Something Together!





    Share your name and email, and we’ll reach out with ideas, news, and special updates made just for you.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Economy

    In the final three weeks of the presidential race, former president Donald Trump and his advisers have attacked one particular foe more than three...

    Latest News

    Adani Group shares experienced a rebound on Monday, recovering from last week’s steep losses sparked by U.S. criminal charges against Chairman Gautam Adani and...

    Stock

    Startup basketball league Unrivaled announced on Monday it’s closed a Series A funding round, raising an additional $28 million before its inaugural season. “Our players...

    Stock

    The U.S. Treasury Department has delayed the deadline for millions of small businesses to Jan. 13, 2025, to file a new form, known as...