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Trump's 'big, beautiful' deadline slips

4 5
10.06.2025
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The Big Story

Thune looks to kickstart Trump bill in Senate

President Trump's July 4 deadline for signing the bill is slipping away as GOP senators battle one another over spending cuts and other issues in the House-passed bill.

© Greg Nash

But Thune wants to get the legislation back on track by convening small working groups to hash out key components of the bill, according to Republicans familiar with his plan.

Thune is hoping to build enough momentum in the Senate’s various committees that the components of the bill come together in a grand compromise by the end of the month.

But rank-and-file senators who have some of the strongest objections to the legislation have yet to see key pieces of text.

And Elon Musk’s scathing criticism of the bill as a “mountain of disgusting pork” is creating political headwinds for the legislation.

“Thune’s going to do the same thing he did for other things where folks have deeper issues: He’ll put small groups together. No one is going to be able to say they weren’t listened to,” the GOP senator said.

Read more here.

 

Welcome to The Hill’s Business & Economy newsletter, I'm Sylvan Lane — covering the intersection of Wall Street and Pennsylvania Avenue.

 

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Essential Reads

Key business and economic news with implications this week and beyond:

 

Amazon to invest $20 billion in Pennsylvania data centers

Amazon plans to invest at least $20 billion to build out two data centers in Pennsylvania, the e-commerce and cloud computing giant announced Monday alongside Keystone State leaders.

© The Hill