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An August deadline

Negotiators viewed early August as the practical cutoff before the Senate's state work period begins around August 10.

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Leadership is cautious

Senate leadership does not expect the bill to reach the floor before the recess, with other priorities ahead of it.

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Opposition on substance

Democrats including Warren, Murphy, Van Hollen and Merkley raised concerns tied to a dropped ethics provision and protections.

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What to watch

A missed window is a delay, not a defeat. Track concrete markers like a scheduled floor vote or a cloture motion.

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