A look at the key items in Trump's 'big, beautiful bill'

Republican Senate leaders have released their latest version of the budget bill that is pivotal to US President Donald Trump's second-term agenda, as they scramble to corral backbench holdouts.

Their latest draft of the One Big Beautiful Bill Act, released in the early hours of Saturday, has some notable differences to the version passed by a single vote last month in the House of Representatives.

It includes increased cuts to Medicaid, while other aspects have been dropped or reworked to comply with Senate rules.

Republicans have been torn over how to fund many of the measure's proposed tax cuts, which the Congressional Budget Office estimates will bloat the federal debt by nearly $3tn (£2.34tn) over the next decade.

Senate Republicans are racing to pass the bill ahead of a self-imposed 4 July deadline in order to send it to Trump's desk for signing into law