Trade Insights Today - Investing and Stock News
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Trade Insights Today - Investing and Stock News
No Result
View All Result
Home Latest News

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

by
June 28, 2025
in Latest News
0
Key GOP senator defects on crucial vote, imperiling Trump’s ‘big, beautiful bill’ in narrow majority
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

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

SCOOP: Blue state Republican could oppose Trump tax bill over Medicaid changes

Next Post

Key blue state Republican says Senate’s local tax write-off offer is a ‘good deal’

Next Post
Key blue state Republican says Senate’s local tax write-off offer is a ‘good deal’

Key blue state Republican says Senate’s local tax write-off offer is a ‘good deal’

Enter Your Information Below To Receive Trading Ideas and Latest News

    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!
    • Trending
    • Comments
    • Latest
    KIATOKEN ICO (KIA): Transforming Philanthropy with Crypto

    KIATOKEN ICO (KIA): Transforming Philanthropy with Crypto

    April 3, 2024
    Consumers are tired of price increases. Big brands are paying attention.

    Consumers are tired of price increases. Big brands are paying attention.

    February 23, 2024
    CoHomies ICO (CHM): Revolutionizing Real Estate Investment

    CoHomies ICO (CHM): Revolutionizing Real Estate Investment

    December 8, 2023
    Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

    Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

    0
    Rite Aid is closing more than 150 stores as part of its bankruptcy process

    Rite Aid is closing more than 150 stores as part of its bankruptcy process

    0
    Here are the nine Republicans running for House speaker

    Here are the nine Republicans running for House speaker

    0
    Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

    Senate Republicans ram Trump’s ‘big, beautiful bill’ through key test vote

    June 29, 2025
    Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians

    Chief Justice Roberts sounds alarm on dangerous rhetoric aimed at judges from politicians

    June 29, 2025
    Schumer to force Senate reading of Trump’s entire ‘big, beautiful bill’

    Schumer to force Senate reading of Trump’s entire ‘big, beautiful bill’

    June 28, 2025
    • About us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact Us
    • Email Whitelisting
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Tradeinsightstoday.com

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Tradeinsightstoday.com