Legislative Update: Senate Finance Committee Releases Reconciliation Bill Text

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Legislation & Regulation

Following House passage of congressional Republican’s budget reconciliation package, the One Big, Beautiful Bill Act (H.R. 1), Senate Republicans took to their respective committees to provide edits and changes to the massive tax-cut, border security, energy reform, and health care package. A significant portion of the bill’s tax and health care policies fall under the jurisdiction of the Senate Committee on Finance, chaired by Senator Mike Crapo (R-ID). On Monday, June 6, Senator Crapo unveiled his committee’s 549 pages of legislative text, which includes several significant deviations from policies outlined in the House-passed version of H.R. 1.

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