Lisa Mascaro

Stay informed with Lisa Mascaro’s coverage and analysis for Fortune.

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Senate Majority Leader John Thune, R-S.D., is followed by reporters as he walks from the chamber to his office as Republicans begin a final push to advance President Donald Trump’s tax breaks and spending cuts package, at the Capitol in Washington, Monday, June 30, 2025. (AP Photo/Manuel Balce Ceneta)

Senate works through the night as GOP tries to cut deal that satisfies those who want more and less Medicaid cuts

By Lisa Mascaro, Mary Clare Jalonick, and others

File – (AP Photo/J. Scott Applewhite, File)

Overnight Senate voting on ‘Big, Beautiful Bill’ pushed off after early vote barely passes

By Lisa Mascaro, Kevin Freking, and others

Senate Majority Leader John Thune, R-S.D., departs following a classified briefing on President Donald Trump’s directed strikes on Iranian nuclear facilities last weekend, at the Capitol in Washington, Thursday, June 26, 2025. (AP Photo/Rod Lamkey, Jr.)

After a dramatic vote, the Senate pushes ahead on Trump’s tax break and spending cut plan

By Lisa Mascaro, Kevin Freking, and others

Senate Majority Leader John Thune, R-S.D., arrives for a closed-door Republican meeting to advance President Donald Trump’s sweeping domestic policy bill, at the Capitol in Washington, Friday, June 27, 2025. (AP Photo/J. Scott Applewhite)

Senate eyes key vote on Trump’s tax bill, while Musk calls it ‘utterly insane and destructive’

By Lisa Mascaro, Kevin Freking, and others

President Donald Trump speaks at an event to promote his domestic policy and budget agenda in the East Room of the White House, Thursday, June 26, 2025, in Washington. (AP Photo/Mark Schiefelbein)

Top Senate rulemaker tells GOP that some Medicaid spending cuts in ‘Big, Beautiful Bill’ don’t work and Senators are scrambling

By Lisa Mascaro and The Associated Press

Josh Hawley points during a confirmation hearing

Republicans are scrambling after learning their proposed cuts to Medicaid, which would offset trillions in tax breaks, violate Senate rules

By Lisa Mascaro and The Associated Press

Senate Majority Leader John Thune, R-S.D., center, joined at left by Sen. John Barrasso, R-Wyo., the GOP whip, speaks to reporters after Republican senators met with Treasury Secretary Scott Bessent and worked on President Donald Trump’s tax and immigration megabill so they can have on his desk by July 4, at the Capitol in Washington, Tuesday, June 24, 2025. (AP Photo/J. Scott Applewhite)

GOP senators are struggling over how to cut billions in healthcare funding without hurting hospitals or patients and it’s stalling the ‘Big, Beautiful Bill’

By Lisa Mascaro and The Associated Press

U.S. President Donald Trump

Trump says ‘NO ONE GOES ON VACATION’ until the big, beautiful bill is done, but not all GOP lawmakers are on board

By Lisa Mascaro, Kevin Freking, and others

President Donald Trump speaks at a military parade commemorating the Army’s 250th anniversary Saturday, June 14, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)

Congressional Budget Office digs further into ‘Big, Beautiful Bill’ and now says it will raise deficit by $2.8 trillion, $441 billion more than before

By Fatima Hussein, Lisa Mascaro, and others

Senate Finance Committee Chairman Mike Crapo, R-Idaho, arrives for a hearing with Treasury Secretary Scott Bessent on his budget requests for fiscal year 2026, at the Capitol in Washington, Thursday, June 12, 2025. (AP Photo/J. Scott Applewhite)

Senate GOP wants deeper Medicaid cuts to offset tax breaks in Trump’s ‘big, beautiful bill’

By Lisa Mascaro, Kevin Freking, and others

U.S. Sen. Alex Padilla, D-Calif., is pushed out of the room as Homeland Security Secretary Kristi Noem holds a news conference regarding the recent protests in Los Angeles on Thursday, June 12, 2025.

FBI agents tackled Sen. Alex Padilla at an LA news conference with Homeland Security Secretary Kristi Noem

By Krysta Fauria, MIchael R. Blood, and others

Trump speaks into a microphone and points into the crowd in front of an American flag

The Budget Office says Trump’s spending bill would add $2.4 trillion to the national debt—just one day after Elon Musk slammed Congress over this same fear

By Lisa Mascaro and The Associated Press

Senate Majority Leader John Thune, R-S.D., arrives for a vote as Republicans work to advance President Donald Trump’s spending and tax bill, at the Capitol in Washington, Tuesday, June 3, 2025. (AP Photo/J. Scott Applewhite)

Trump pushes senators to pass his big tax bill by the Fourth of July just as Elon Musk slams it as a ‘disgusting abomination’

By Lisa Mascaro, Mary Clare Jalonick, and others

Speaker of the House Mike Johnson, R-La., and President Donald Trump arrive for a House Republican conference meeting, Tuesday, May 20, 2025, at the U.S. Capitol in Washington. (AP Photo/Julia Demaree Nikhinson)

CBO says tax breaks in ‘big, beautiful bill’ would increase deficit by $3.8 trillion while Medicaid and other cuts will only shave $1 trillion in spending

By Lisa Mascaro, Kevin Freking, and others

President Donald Trump, center, surrounded by Speaker of the House Mike Johnson, R-La., and Rep. Lisa McClain, R-Mich., speaks to reporters before a House Republican conference meeting, Tuesday, May 20, 2025, at the U.S. Capitol in Washington. (AP Photo/Julia Demaree Nikhinson)

Trump implores GOP to support his ‘One Big Beautiful Bill Act’ but holdouts say ‘no’: ‘We’re still a long ways away’

By Lisa Mascaro, Kevin Freking, and others