Senate plans ‘make or break’ vote on US budget bill on Friday

It’s crunch time for Trump’s ‘big, beautiful bill’ as the Senate tries to find the votes to pass its portion.

Senate majority leader John Thune said he expects to start voting Friday and aims to get it to Trump’s desk by July 4. That’s a lofty goal given all that needs to be done.

“Changes to the State and Local Tax (SALT) deduction and Medicaid provider taxes are the biggest concerns,” Axios writes.

I’d say that the important parts of this bill for markets — the corporate tax parts — are 95% priced in.

This article was written by Adam Button at www.forexlive.com.