Senate Republicans say they are looking for ways to safeguard rural hospitals from proposed cuts to a key Medicaid funding method.

Senate Republicans are taking Medicaid cuts even further than their House counterparts with legislation that targets hospital payments.

Senate Republicans included a tax break estimated to be worth more than $1 billion for oil and gas producers in their version of President Donald Trump’s sprawling fiscal package. The provision would allow energy companies subject to a 15% corporate alternative minimum tax to deduct certain drilling costs when calculating their taxable income.

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.