Senator Hawley to vote yes on Trump tax bill.
ByAinvest
Saturday, Jun 28, 2025 1:19 pm ET1min read
Senator Hawley to vote yes on Trump tax bill.
Missouri Senator Josh Hawley, a potential presidential candidate in 2028, has announced his intention to vote in favor of President Donald Trump's sweeping tax-cut and spending bill. Hawley's decision comes amidst ongoing negotiations and revisions to the legislation, which aims to extend the 2017 tax cuts, cut other taxes, and boost military and border security spending. The bill, known as the "One Big Beautiful Bill Act," is expected to add about $3 trillion to the nation's $36.2 trillion government debt over the next decade, according to nonpartisan analysts [2].Hawley, who previously criticized the proposed Medicaid cuts as "political suicide," has now aligned himself with the White House's push to pass the bill before the July 4 Independence Day holiday. The Senate Majority Leader, John Thune, has expressed confidence in the Republican's ability to navigate the legislative process, stating, "We’ve got contingency plans. We’ve got a plan B, plan C." The bill's passage could provide a significant boost to the Republican Party's prospects in the upcoming midterm elections [1].
The bill's contentious nature, particularly regarding Medicaid cuts and state and local tax deduction limits, has led to internal divisions among Republicans. Despite these challenges, the White House has remained steadfast in its support for the legislation, with President Trump hosting events to promote the bill and pressuring Congress to act swiftly. Trump's involvement in the legislative process is unusual, as he is typically more focused on foreign policy issues, but his engagement is seen as crucial to the bill's passage [1].
The bill's potential impact on the economy and the federal deficit has sparked debate among economists and financial professionals. While some argue that the tax cuts will stimulate economic growth, others caution that the increased spending and debt could lead to long-term economic instability. The bill's passage would also have significant implications for healthcare spending and state and local budgets [2].
Senator Hawley's vote in favor of the bill is a significant development, as it signals a potential shift in the Senate's dynamic. With Hawley's support, Republicans may be able to secure the necessary votes to pass the legislation and send it to Trump's desk for signature. However, the bill's future remains uncertain, as Democrats have vowed to offer amendments that are unlikely to pass in the Republican-controlled Senate [1].
References:
[1] https://www.bloomberg.com/news/newsletters/2025-06-26/trump-makes-a-final-push-to-get-his-tax-cut-bill-passed
[2] https://kfgo.com/2025/06/28/us-senate-republicans-aim-to-push-ahead-on-trumps-sweeping-tax-cut-spending-bill/

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