Bessent: Senate Set to Vote on Megabill, Friday

The Senate is on track to vote Friday on the One Big Beautiful Bill Act, predicting that Republicans in both chambers of Congress would reach a deal within 48 hours on raising the cap on state and local tax deductions, a major sticking point in the legislation, Treasury Secretary Scott Bessent said, The Hill reported on Tuesday.

Bessent spoke to reporters after meeting with Republican senators in the Capitol as they try to reach consensus on key provisions of the megabill.

The Treasury secretary said that President Donald Trump would be fully involved in the final days in helping garner enough support to pass the bill, which would enact much of the agenda he ran on in his election campaign.

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