"Softened And Delayed": What Happened To Sec. 899 In The Senate Version Of The Big, Beautiful Bill

Earlier today, Senate Republicans unveiled the final and most contentious component of President Trump’s sweeping legislative package, the “Big, Beautiful Bill.” The Finance Committee’s long-awaited text - covering tax policy, Medicaid, and energy provisions - sets the stage for difficult negotiations between the Senate and the narrowly Republican-controlled House.

Perhaps of biggest interest to Wall Street is the treatment of the controversial Section 899 provision, i.e. "