The Senate voted early Tuesday morning to defeat an amendment sponsored by Sen. Susan Collins (R-Maine) to create a new top marginal tax rate for the nation’s wealthiest income earners and use the money to double the size of a proposed rural hospital relief fund from $25 billion to $50 billion.

Senators voted 22 to 78 against a motion to waive a 60-vote budget point of order against the amendment.

Collins’s amendment to President Trump's "big, beautiful bill" would have established a 39.6 percent top marginal rate for individuals with income above $25 million and........

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