U.S. Senate Republicans have unveiled their version of President Donald Trump's sweeping tax-cut and spending bill that is broadly similar to the legislation that narrowly passed the House of Representatives last month.

Senate Republicans’ plans to slash clean energy tax credits differ significantly from the proposed cuts in the One Big Beautiful Bill Act passed by the House last month. Key provisions of the Senate’s version of the bill,

The Senate Committee on Finance argues that its proposal of changes to the bill "prevents the largest tax hike in history."