The House and the Senate face a challenge coming up with a final One Big Beautiful Bill Act that will be able to get enough support in both chambers. The House narrowly passed the tax and spending legislation last month after weeks of at times tense negotiations.

The Senate has unveiled its version of the One Big Beautiful Bill Act that includes a temporary enhanced deduction for seniors ages 65 and up. The chamber's version of the proposal brings the deduction to $6,

The last U.S. Senate committees have submitted revisions to the House-passed One Big Beautiful Bill Act, shoring up funding for big-ticket items while making further changes