Comparison of Proposed Senate Revisions to Big Beautiful Bill Passed by House- June 17, 2025

Here’s a rundown of what’s inside the “One Big Beautiful Bill Act”  as of May 24, 2025 and a comparison with the Republicans Senate Finance Committee changes as of June 17, 2025. The indented areas are our perspective. Our major issues are raising the debt ceiling by $5 trillion, permanently reducing corporate taxes and providing tax benefits to wealthy and reductions in programs (like HEAP) and healthcare for seniors and low income households. Add all this to the coming inflation from tariffs and the rich get richer and poor get poorer.

  • Permanent extension of the individual income tax cuts in the 2017 Tax Cuts and Jobs Act. The House passed this and the Republicans on the Senate Finance Committee are also is recommending to make these tax cuts permanent.
    • This reduces the corporate tax rate from 35% to 21%, increases the standard deduction and increases exclusion amounts for estate taxes. Many companies do  not pay any taxes now.
    • Limits deductions for property taxes and state and local taxes to $10,000
    • Limits mortgage interest deduction
    • Doubles estate and gift  tax exemption- rises to $15 million and adjusted for inflation going forward- Senate version raises it to $6.3 million.
    • Increase the child tax credit by $500- temporarily. The Senate version proposes a maximum credit of $2200 per child, tied to inflation and lowers the income cap to $10,000. This differs from House version which proposed a $2500 tax credit.
    • Permanently extends 20% pass through deduction- benefits supposedly will trickle down.

Benefit goes to wealthy- 49% goes to top 5%.  The 10 richest Americans got $365 billion richer in the last year and with tax cut, it will soar.

  • Hikes debt ceiling by $4 trillion (The debt limit is forecasted to become a problemsometime after July or August if Congress fails to act). The Senate version raises the Debt Ceiling to $5 Trillion
  • Temporary elimination of taxes on qualified tips, overtime pay and car loan interest payments (House version).
    • On May 20th the Senate passed the No Tax on Tips Act- tax deduction worth up to $25,000 on tips, limited to cash tips that workers report to employers for withholding purposes on payroll taxes and restricted to those who earn $160,000 or less in 2025 and amount with rise with inflation in future years.
  • The New Senate Version as of June 17 – Slashes taxes on tips and overtime pay. The bill creates new deductions for taxes on tips, overtime pay and car loan interest but doesn’t make them fully deductible. Tips are deductible up to $25,000 through 2028. Overtime pay is deductible up to $12,500, or $25,000 for joint filers, through 2028. Auto loan interest is deductible up to $10,000, also through 2028.
  • (our viewpoint)-Employers could lower wages and employees would have to rely even more on tips (and in a recession, probably less).
  • New Senate Version – car loan interest payments- deductible only up to $10,000 through 2028 and is phased out for individual taxpayers earning more than $100,000 annually. And, this applies to NEW cars made in the USA.
  • An additional $4,000 deduction for senior Americans in lieu of no taxes on Social Security (there are procedural reasons why Republicans can’t do no taxes on Social Security, namely the Byrd Rule). This is also in the Senate Finance Committee proposal.
  • SALT cap increase-deduction of local and tax taxes – increased to $40,000 for incomes up to $500,000. Senate Committee Version- reduced to $10,000.
  • $175 billion for border security, including $46.5 billion for the construction of a wall along the US-Mexico border specifically. $4 billion to hire 3000 new border patrol agents and 5000 new custom officers and $2.1 billion for signing and retention bonuses. Senate Version – includes $13.5 billion to reimburse states for expenses related to border security and immigration enforcement. That’s more than enough to cover the $11.1 billion Texas Gov. Greg Abbott wants from the federal government to pay back the cost of Operation Lone Star.
  • Since Texas will get most of the money, that means that the rest of the states get little or zip.
  • (House)-$150 billion in additional funding for defense, including $25 billion for Trump’s space-based Golden Dome missile defense system, $34 billion to expand the Navy’s capacity and shipbuilding, $21 billion to replenish America’s ammunition stockpile and $5 billion for border security. The Senate version includes the additional funding for defense spending including $167 Million for procurement of launchers for Army medium range air and missile defense interceptors, $200 million for Army medium range air and missile defense interceptors, $500 million for expansion of defense advanced manufacturing techniques, increased funding for nuclear modernization including the Sentinel intercontinental ballistic missile program and increased funding for classified programs.
  • Medicaid-(House)-A mandated 80-hour-per-month work requirement on able-bodied adults ages 19 – 64 enrolled in Medicaid. Volunteer work and school would count toward the requirement. Work requirements would kick in at the end of 2026 rather than 2029, financial incentives for states not to expand coverage to people who are near the poverty line and bar gender affirming care for adults. Senate- Medicaid cuts – and new rules including work requirements starting at the end of 2026. Like the House bill, the Senate legislation imposes work requirements on Medicaid beneficiaries beginning at 19 years old. But the Senate version says adults with dependent children older than 14 will also have to prove they work, attend school or perform community service for 80 hours a month, while the House-passed version would exempt all adults with dependent children
  • States that provide Affordable Care Act expansion of Medicaid coverage for illegal immigrants will see their reimbursement rates drop. Senate version is the same.
  • SNAP- (House)- Cuts $300 Billion-Able-bodied adults without children would also see work requirements for SNAP, which currently last until the age of 54, jump to the age of 64. Senate version– Cuts $209 Billion
  • (House)-States with error rates on SNAP benefits would be required to pay a percentage of the program (historically, the feds paid for all of it). States would pay 5% of benefit cost starting in 2028 and then 75% of administrative costs. None states pay none of the benefit and 50% of admin costs. Senate- Error Rate Based Cost Share: The state’s required match would be tied to its SNAP payment error rate, with states having higher error rates contributing a larger percentage of benefit costs.
  • Increased Administrative Costs for States: The Senate bill, similar to the House version, would also significantly increase the state’s share of SNAP administrative costs from 50% to 75%.
  • Set up a fast-track system for permitting natural gas if applicants pay either 1% of a project’s costs or $10 million, whichever amount is less. While the Senate version did contain a provision allowing the Department of Energy (DOE) to fast-track LNG export facilities if the applicant paid $1 million, according to Evergreen Action, this would also have normalized a “pay-to-play” model.

Instead, the Senate version focuses on other provisions related to natural gas, such as:

    • Lowering fees for leasing land for oil and natural gas drilling: This would encourage more drilling.
    • Establishing a minimum number of required onshore and offshore oil and gas sales annually: This would ensure a certain level of oil and gas production.
    • Facilitating the review and authorization of liquefied natural gas (LNG) exports: This could lead to increased LNG exports.

Note: The House version of the “Big Beautiful Bill” included provisions for a fast-track system where natural gas pipeline projects could pay a fee to bypass the normal permitting process and limit judicial review. The Senate version does not include these same changes

  • Ends the Biden-era electric vehicle mandate for two-thirds of new car sales to be EVS by 2032. Reduce or eliminate tax credit for clean energy developers.
  • (House)New “Money Accounts for Growth and Advancement” MAGA savings accounts for parents and guardians where the feds will pay $1,000 for children born between Jan. 1, 2024, and Dec. 31, 2028. Senate Here’s what is known about the Senate version of the savings accounts: Contribution Limit: Parents and relatives can contribute up to an inflation-indexed $5,000 annually in after-tax dollars to these accounts. Government Contribution: The government will contribute $1,000 per child born between 2024 and 2028.Tax Exemption: These accounts would be exempt from most federal taxes. Purpose and Restrictions: Funds are intended for education, homeownership, and entrepreneurship, and cannot be withdrawn before age 18. Contributions also cease at age 18.
  • Restrictions on large abortion providers such as Planned Parenthood from getting Medicaid funding (House). Senate version ends Medicaid payments for abortion services.
    • 3% are abortion, all their other services include cancer screening (9%), STI treatment (42%), contraception- 34%, other services -11%
    • 34% of Planned Parenthood comes from government grants, contracts and Medicaid reimbursements.
  • Ends Medicaid funding for transgender surgeries.
  • Eliminate the $200 tax on gun silencers, short barreled rifles and shotguns and any other weapons.
    • This raised over $1.4 billion in revenue over a decade. Concession to NRA.
  • (House)-Consolidate student loan payments into two options: 1.) standard program, encompassing monthly payments over a 10 to 25 year period 2.) “repayment assistance” program that is more lenient. Senate version – Eliminate Grad PLUS loans, strip federal loan eligibility from college programs whose former students don’t meet earning benchmarks. Repeals student loan forgiveness programs and IDR Plans. Repeal of most existing income driven repayment plans and reap0k ICR, PAYE and SAVE plans. New plans would be based on borrower’s income. Eliminate eligibility for student loan forgiveness for medical and dental residents.More
    • The real issue is the cost of college education
  • Roll back key provisions of the Inflation Reduction Act.
    • Climate Change- Transform energy systems to minimize carbon emissions and enhance adoption of green energy- This act would roll them back
  • Air Traffic Control modernization

Some of our issues are: Raising Debt ceiling by $5 trillion,Corporate tax cuts and tax revisions that favor wealthy. Entire staff of HEAP fired, Trump wanted to defund Head Start but was later reversed, indirectly affected Meals on Wheels which is not directly a federally funded program but Trump proposed cuts to programs like the Community Development Block Grant (CDBG) and the Social Services Block Grant (SSBG), which some local Meals on Wheels programs rely on for funding. Additionally, Trump wants to cut $300 billion to SNAP (Supplemental Nutrition Assistance Program)- Senate version $209 Billion. Overall cuts to programs that provide food and medical care to those less fortunate.  Given the cost of utilities, we should be able as a country to supplement heating costs for low income individuals as well as feed the elderly, kids and seniors and the poor. Current Eligibility for SNAP