06.29.25

Senate Republicans’ Reconciliation Bill Achieves Historic Savings for Taxpayers

President Trump and Senate Republicans Are Cleaning Up Democrats’ Spending Spree and Putting Vital Programs Back on a Path to Stability

“In the wake of the Biden administration and Democrats exploding the growth of government spending on programs like Medicaid, we will make commonsense reforms to return to a fiscally sustainable path.” – Senate Majority Leader John Thune (R-S.D.)

SENATE REPUBLICANS’ RECONCILIATION BILL SAVES MORE THAN THE HOUSE VERSION AND WILL LOWER THE DEFICIT BY TRILLIONS

  • Senate Republicans’ bill achieves $1.6 trillion in Byrd-compliant savings, which is more than the House bill’s $1.4 trillion in Byrd-compliant savings. (Congressional Budget Office: Estimated Budgetary Effects of an Amendment in the Nature of a Substitute to H.R. 1, the One Big Beautiful Bill Act, Relative to the Budget Enforcement Baseline for Consideration in the Senate – 6/28/25; Congress.gov: H.R.1 - One Big Beautiful Bill Act – accessed 6/29/25)
  • According to the White House Council of Economic Advisers, Senate Republicans’ bill generates $4.1 trillion in economic growth thanks to tax permanence, which is more than the House version. (White House Council of Economic Advisers: Preserving and Expanding Low Tax Rates to Create American Economic Prosperity – May 2025)
  • Combined with the $1.6 trillion in Byrd-compliant savings, $4.1 trillion in economic growth, and using current policy baseline, Senate Republicans’ reconciliation bill will lower the deficit by $4.5 trillion. (U.S. Senate Committee on the Budget: Chairman Graham Releases Full Senate Text Of President's One Big Beautiful Bill – 6/28/25;White House Council of Economic Advisers: Preserving and Expanding Low Tax Rates to Create American Economic Prosperity – May 2025)

SENATE REPUBLICANS ARE STRENGTHENING MEDICAID AND SNAP BENEFITS BY ROOTING OUT WASTE, FRAUD, AND ABUSE AND PRESERVING BENEFITS FOR THE MOST VULNERABLE AMERICANS

“Medicaid is for struggling mothers, children, and the disabled. It is not [for] illegal immigrants or able-bodied, working-aged men addicted to video games. Republicans are rescuing this lifeline so that it serves those who need it most – now and in the future.” – Senate Majority Whip John Barrasso (R-Wyo.)

“Republicans are improving Medicaid for those who need it while putting it on a fiscally sustainable path by: Establishing work requirements for able-bodied adults; Increasing eligibility verifications; Ensuring illegal immigrants do not receive benefits; Ending financing gimmicks; Repealing Biden-era regulations; Slowing the rate of spending growth.” – Senate Finance Committee Chairman Mike Crapo (R-Idaho)

“I’m proud of the legislation we’ve crafted that reflects Senate Republican policy priorities. This is a practical approach to improve SNAP by reducing waste, enhancing accountability, and encouraging recipients to move toward self-reliance through work and training.” – Senate Agriculture Committee Chairman John Boozman (R-Ark.)

  • Republicans’ bill establishes work requirements for able-bodied adults who don’t have dependent children younger than 14 years of age, or a disabled individual in their care. (U.S. Senate Committee on Finance: Crapo Highlights Tax Wins for Hardworking Americans and Main Street – 6/28/25)
  • “Able-bodied adults without dependents can work, participate in a work training program, enroll in school or volunteer for 20 hours per week in order to receive taxpayer-subsidized Medicaid coverage.” (U.S. Senate Committee on Finance: Crapo Highlights Tax Wins for Hardworking Americans and Main Street – 6/28/25)
  • The reconciliation bill removes noncitizens from Medicaid and addresses the issue of illegal immigrants receiving state Medicaid coverage. (U.S. Senate Committee on Finance: Crapo Highlights Tax Wins for Hardworking Americans and Main Street – 6/28/25)
  • The bill roots out waste, fraud, and abuse by removing ineligible enrollees and addresses the provider tax, which has ballooned the cost of Medicaid by allowing states to game the system and inflate costs. (U.S. Senate Committee on Finance: Crapo Highlights Tax Wins for Hardworking Americans and Main Street – 6/28/25)
    • “In its final year, the last Administration approved four waivers that exploit this tax loophole, submitted by California, Michigan, Massachusetts, and New York. Together, these four states are responsible for more than 95% of projected federal taxpayer losses under the loophole.”
    • “A CMS estimate shows that if just two more states adopt these schemes each year, excess federal costs could balloon more than $74 billion over 5 years.” (Center for Medicare and Medicaid Services: CMS Moves to Shut Down Medicaid Loophole—Protects Vulnerable Americans, Saves Billions – 5/12/25)
    • These states treat the provider tax as “a scam… to launder more federal money. States can currently tax healthcare providers at a rate up to 6% of net patient revenue to extract bigger federal matching payments—up to $9 for every $1 they spend on able-bodied adults covered by ObamaCare.” (The Wall Street Journal: Editorial: Two Cheers for the Senate Tax Bill – 6/17/25)
  • “SNAP spending has nearly doubled since it was reauthorized in the 2018 Farm Bill, reaching $100 billion annually. Due to administrative overreach, this has far outpaced the rate of inflation.” (U.S. Senate Committee on Agriculture, Nutrition, and Forestry: Chairman Boozman Releases Agriculture, Nutrition, & Forestry Budget Reconciliation Text – 6/11/25)
  • The bill “reduces waste, promotes state accountability, and helps Supplemental Nutrition Assistance Program (SNAP) recipients move toward greater independence through work, education, and training opportunities” by: (U.S. Senate Committee on Agriculture, Nutrition, and Forestry: Chairman Boozman Releases Agriculture, Nutrition, & Forestry Budget Reconciliation Text – 6/11/25)
    • “Strengthen[ing] SNAP work requirements for able-bodied adults by increasing the age that able-bodied adults must continue working from 54 through 64.”
    • “[Including] parents of children at or over the age of 14, as these adults can reasonably work, volunteer, or seek education and training while their children are at school.”
    • “Limit[ing] the ability of States to arbitrarily waive work requirements by restricting waivers to only areas with high unemployment.”
    • “Protect[ing] against a repeat of an overreaching Biden administration policy that dramatically increased SNAP spending without congressional approval.” (U.S. Senate Committee on Agriculture, Nutrition, and Forestry: Chairman Boozman Releases Updated Agriculture, Nutrition, and Forestry Budget Reconciliation Text – 6/25/25)

THE RECONCILIATION BILL UNDOES COSTLY AND HARMFUL BIDEN-ERA CLIMATE RULES AND REGULATIONS, A CRUCIAL STEP IN UNLEASHING AMERICAN ENERGY DOMINANCE

“Republicans are delivering on President Trump’s promise: we’re cutting the Green New Scam, reining in reckless spending, and unleashing American energy.” – Senate Energy and Natural Resources Committee Chairman Mike Lee (R-Utah)

“Our budget reconciliation title through the EPW Committee accomplishes what we pledged to do – stop Democrats’ natural gas tax and rescind unobligated dollars from the so-called Inflation Reduction Act, as well as a full repeal of the wasteful Greenhouse Gas Reduction Fund.– Senate Environment and Public Works Committee Chairman Shelley Moore Capito (R-W.Va.)

  • The energy portion of the Senate Finance Committee’s legislative text achieves hundreds of billions of dollars in savings, while unleashing American energy dominance, through:
    • “Eliminat[ing] hundreds of billions of dollars of Biden’s unnecessary Green New Deal subsidies, such as ending the commercial EV tax credit and its ‘lease loophole.’”
    • Discontinu[ing] fossil fuel penalties in favor of intermittent green energy. (U.S. Senate Committee on Finance: Crapo Highlights Tax Wins for Hardworking Americans and Main Street – 6/28/25)
  • The Senate Energy and Natural Resources Committee saves taxpayers billions by:
    • Repealing billions in unspent Inflation Reduction Act funds, including “$6 billion in Biden’s unused climate slush funds.”
    • Generating over $15 billion in federal revenue through expanded oil, gas, and coal leasing.
    • Authorizing responsible development in Alaska.
    • Increasing timber harvests. (U.S. Senate Committee on Energy and Natural Resources: Chairman Lee Releases Updated Energy & Natural Resources Title – 6/27/25; U.S. Senate Committee on Energy and Natural Resources: Chairman Lee Releases ENR Budget Reconciliation Text – 6/11/25)
  • The Senate Environment and Public Works Committee “rescinds all wasteful unobligated funds from Democrats’ IRA [Inflation Reduction Act] in EPW’s jurisdiction,” as well as “the  IRA’s authorization of the Greenhouse Gas Reduction Fund, which was used as a slush fund administrated through the EPA.” (U.S. Senate Committee on Environment and Public Works: Chairman Capito Releases Updated EPW Budget Reconciliation Text  – 6/25/25)

ADDITIONAL SAVINGS INCLUDE UNDOING BIDEN’S WASTEFUL STUDENT LOAN DEBT SCHEME AND OTHER CONSERVATIVE WINS

“While Biden and Democrats unfairly attempted to shift student debt onto taxpayers that chose not to go to college, Republicans are taking on the root causes of the student debt crisis to lower the cost of tuition and improve Americans’ access to opportunities that set them up for success.” – Senate Health, Education, Labor, and Pensions Committee Chairman Bill Cassidy (R-La.)

  • Saving taxpayers at least $300 billion, the Senate Health, Education, Labor, and Pensions (HELP) Committee reconciliation portion of the bill:
    • Addresses higher education affordability by eliminating inflationary loan programs that have caused higher tuition costs.
    • “Prevents taxpayer-subsidized loans for degrees that leave students worse off than if they never went to college” by making undergraduate and graduate loan eligibility contingent on commonsense earnings tests.
    • “Ends Biden’s student loan schemes that transfer debt onto the 87 percent of Americans who chose to not go to college or already paid off their loans. Also prevents future Democrat administrations from implementing schemes.”
    • Delays costly Biden administration rules, including the expansion of Closed School Discharge and Borrower Defense Rules. (U.S. Senate Committee on Health, Education, Labor, and Pensions: Chair Cassidy Releases Historic HELP Committee Reconciliation Bill Text, Fixing America’s Broken Higher Education System – 6/10/25; U.S. Senate Committee on the Budget: Chairman Graham Releases Full Senate Text Of President's One Big Beautiful Bill – 6/27/25)
  • “[R]aising $85 billion for taxpayers,” the Senate Commerce, Science, and Transportation Committee’s legislative text “will put 800 MHz of unused and underused spectrum into the private economy, unleashing billions in investment and thousands of new jobs.”
    • The Commerce Committee also saves over $1.2 billion more than the House version by “cut[ting] spending on leftist climate change programs, ‘green’ aviation fuel sourced from Brazil, and technology handouts to corporations.” (U.S. Senate Committee on Commerce, Science, and Transportation: Chairman Cruz Releases Updated Budget Reconciliation Text – 6/25/25)
  • The Senate Banking, Housing, and Urban Affairs Committee cuts over $1.5 billion in federal spending by:
    • Decreasing the funding cap of the Consumer Financial Protection Bureau.
    • Clawing back unobligated funds from the Inflation Reduction Act.
    • Rescinding “unused money from an SEC [Securities and Exchange Commission] slush fund for technology modernization and eliminates the fund permanently.” (U.S. Senate Committee on Banking, Housing, and Urban Affairs: Scott Releases Updated Banking Committee Provisions in the One Big Beautiful Bill – 6/26/25)