Senate lawmakers believe that they are still on track to meet next week’s deadline of the “Big, Beautiful Bill,” but there is still a lot of work to get done.
Talks last evening centered around Medicaid and how to make cuts to the program without hurting rural hospitals. Despite the late evening debates, the President’s team remains confident.
Treasury Secretary Scott Bessent told reporters that he believes the Senate version will quickly pass the House when it is returned.
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By coupling operational agility with proactive tax planning under the One Big Beautiful Bill (OBBBA), family-owned operations can fully leverage expanded safety nets and emergency deductions to insulate themselves from market volatility and preserve operational equity for the next generation.
Producers should coordinate immediately with their CPA and legal counsel to ensure their corporate structures and operational realities are perfectly aligned before the September deadline.