Senate Republicans Near Vote on $3 Trillion Trump Tax-Cut, Spending Bill
Senate Republicans Near Vote on $3 Trillion Trump Tax-Cut, Spending Bill

Senate Republicans Near Vote on $3 Trillion Trump Tax-Cut, Spending Bill

News summary

Senate Republicans are preparing for a procedural vote this weekend to advance President Donald Trump's expansive 940-page tax-cut and spending bill, known as the One Big Beautiful Bill Act, aiming for full congressional approval by next week. The legislation seeks to extend Trump's 2017 tax cuts, reduce other taxes, and increase spending on military and border security, while the White House claims it will lower the annual deficit by $1.4 trillion. However, nonpartisan analysts estimate the bill could add about $3 trillion to the current $36.2 trillion national debt, sparking internal GOP divisions over deficit reduction strategies, including proposed Medicaid cuts. Democrats uniformly oppose the bill, criticizing it for favoring wealthier Americans at the expense of low- and middle-income citizens and for undoing clean energy efforts, and they plan to introduce amendments targeting cuts to healthcare and food aid programs. Republicans are attempting to bypass the Senate's 60-vote threshold using a legislative maneuver, but with narrow majorities in both chambers, they can only afford minimal dissent within their ranks to pass the bill. Despite opposition and ongoing debates, the bill remains a top priority for President Trump, who urges lawmakers to pass it by the July 4 Independence Day deadline.

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