Senate GOP Divided on Trump Spending Bill

President Trump's 'One Big Beautiful Bill Act,' a combined tax and spending package, is projected by the Congressional Budget Office to add $2.4 trillion to the federal deficit and cause nearly 11 million Americans to lose health insurance, primarily due to Medicaid cuts and the end of enhanced ACA subsidies. Elon Musk and several GOP senators, including Ron Johnson, Rand Paul, and Mike Lee, have sharply criticized the bill, with Musk calling it a 'disgusting abomination' and senators demanding further spending cuts and reforms to Medicare. The House-passed legislation offers $3.75 trillion in tax cuts and $1.3 trillion in spending reductions, with most benefits accruing to the wealthy, raising alarms about uncompensated healthcare costs and broader economic risks. The bill now faces a difficult path in the Senate, which is divided between those pushing for deeper cuts and those seeking to protect social safety net programs. Some Republicans advocate splitting the legislation for more targeted reforms. Outside observers warn that failure to address the growing deficit could have lasting consequences for future generations.