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Senate Rejects Key Provisions in GOP Megabill

The Senate parliamentarian has dismissed a GOP effort to exempt certain religious schools, such as Hillsdale College, from a new tax on college endowments within a major budget reconciliation bill. This provision, aimed at alleviating financial burdens on select institutions, was part of a broader Republican strategy to simplify tax codes while seeking to elevate their appeal to conservative voters.

In addition, the parliamentarian also ruled against deregulating gun silencers in the same legislation, a move that has drawn criticism from gun control advocates. The proposed changes would have eliminated regulations that require federal approval and background checks for suppressors, a highly contentious issue among lawmakers. As the bill faces a crucial July 4 deadline, the ruling compels Republicans to reevaluate their strategy and approach amidst ongoing scrutiny from their Democratic counterparts.

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