On the 1st (local time), Cointelegraph reported that while the budget reconciliation bill was split 50-50 in the Senate, J.D. Vance (J.D.
The bill was passed with Vice President David Vance serving as the casting vote. The bill aims to address the issue of double taxation for cryptocurrency miners and staking participants.
The bill did not address the issue, and a related provision introduced by Senator Cynthia Lummis of Wyoming was not included in the final bill.
All Democratic senators and three Republicans voted against the bill, which includes artificial intelligence restrictions, cuts to rural hospitals, and money for the wealthy.
Senator Lummis proposed various amendments to controversial provisions, such as tax cuts for crypto miners and stakers.
However, the amendment was not tabled and was removed from the final bill.
In an interview with Cointelegraph, Alaska Rep. Begich said, "I wish that provision had been included, but I think it's important to pass it now."
"We will have a chance to try again on a bill that needs to be passed," he said. Immediately after the vote, Lummis expressed disappointment, saying, "This bill is not perfect, but it is an important step in the right direction."
After the Senate passes the budget bill, it will move to the House, which is currently narrowly Republican-controlled and faces stiff opposition from Democrats, for further consideration of Senate amendments.
Massachusetts Senator Elizabeth Warren, a Democrat, wrote on Instagram, "Donald Trump and the Republican Party are
"The administration is writing a $15 billion check to Meta simply because it exists, and they've done this while cutting health care benefits for millions of Americans," he said.
I judged.
2025/07/02 15:54 KST
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