House Passes Trump’s $3 Trillion ‘Big Beautiful Bill’ Amid GOP Deficit Concerns

President Trump's "Big Beautiful Bill," passed narrowly by the House along party lines, aims to deliver tax cuts, border security enhancements, and energy policy changes, but faces significant criticism for its fiscal impact and social program cuts. Republican proponents argue the bill is a crucial step toward economic growth and deficit reduction, citing $1.6 trillion in savings and emphasizing its pro-growth measures, even as Senate Republicans express concerns about its adequacy in addressing the deficit. Critics, including some Senate Republicans and the Episcopal Church, warn that the bill would increase the national debt by $3.8 trillion, reduce healthcare coverage for millions, and cut vital programs like Medicaid and SNAP, disproportionately affecting vulnerable populations. Fiscal conservatives such as Sen. Rick Scott and Rep. Thomas Massie highlight risks to the bond market and rising interest rates as consequences of the bill's failure to sufficiently curb federal spending. The bill's future in the Senate remains uncertain, with discussions focusing on potential amendments to balance its fiscal impact while maintaining policy goals. Analysts note the challenge for Senate Republicans to unify their stance, as some demand deeper deficit reductions while others support the bill's core provisions.