Thread by @RodDMartin

🚨JUST IN: Senate Republicans have released the updated draft of the One Big Beautiful Bill — Trump’s 1,000-page megabill — with just DAYS left before the July 4 deadline.

Here’s what changed, what got cut, and why this is the linchpin of Trump’s second-term agenda

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2/ The bill is designed to pass via budget reconciliation — which means no filibuster, just 51 votes needed.

But Senate parliamentarian Elizabeth MacDonough ruled several provisions out of bounds, triggering an urgent rewrite to keep Trump’s legislative agenda on track.

3/ 🧾 KEY CHANGES:

✅ SALT cap raised to $40K through 2029 (phasing out after $500K income)
✅ $25K tip tax exemption (House wanted no cap)
✅ EV tax credits END
✅ Auto loan interest now tax-deductible (up to $10K for U.S.-built cars)

4/ 🔋 ENERGY:

The Senate bill:

• Accelerates end of clean energy tax credits
• Kills hydrogen subsidies by 2028
• Blocks new EV incentives
• Eliminates fines for not meeting Biden’s “fuel economy” edicts

It’s a gut punch to the Green New Deal.

rodmartin.org/p/america-the-…

5/ 🔫 2A WINS:

Senate Republicans included full repeal of the $200 tax stamp on:

• Suppressors
• Short-barrel rifles

This is the biggest rollback of gun-related taxation in decades — and it passed the Byrd Rule test.

6/ 🏥 RURAL HEALTH & MEDICAID:

Rural hospitals get $25B

Medicaid “provider tax” loophole phased out from 6% → 3.5% by 2032

BUT the parliamentarian stripped out the bans on Medicare for illegals, & taxpayer-funded gender surgeries.

7/ ⚠️ HIGH-STAKES VOTE:

Sen. John Kennedy (R-LA): “We vote Saturday. If you don’t like it, fill out a hurt feelings report.”

GOP needs near-perfect unity to pass this with their razor-thin Senate majority.

Deadline: July 4. Debt ceiling breach: August.

8/ 🚫 FILIBUSTER RULES:

The Byrd Rule blocked:

• State enforcement of immigration law
• Federal workforce cuts
• Repeal of Biden green slush funds
• Fed employee pay caps

Some want to overrule the parliamentarian. Thune says no. For now.

9/ ⚖️ HOUSE vs. SENATE:

Both chambers MUST pass identical text.

Options:

• Senate passes House version (unlikely)
• House accepts Senate version (possible)
• Conference committee (likely)

Speaker Johnson says they’ll stay in D.C. until this is on Trump’s desk.

10/ 🇺🇸 WHY IT MATTERS:

This isn’t just a budget bill. It’s the foundation for:

• Tax reform
• Border enforcement
• Energy independence
• Federal agency cuts
• Trump’s second-term strategy

The next week will determine whether it succeeds — or stalls.

11/ 🔥 GOP UNITY IS THE BALLGAME:

This bill rises or falls on Republican solidarity.

Will moderates cave on Medicaid cuts?

Will conservatives hold the line on SALT and spending?

Or will McConnell’s old sabotage games return?

12/ 📅 TIMELINE:

✅ June 27: Senate releases revised text
🗳️ June 29 (Sat): Tentative Senate floor vote
🎆 July 4: GOP target for full passage
🧾 August: Debt ceiling crisis if bill fails

The clock is ticking.

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