Trump's $3.8T 'Big Beautiful Bill' Advances Senate Vote Amid GOP Division
Trump's $3.8T 'Big Beautiful Bill' Advances Senate Vote Amid GOP Division

Trump's $3.8T 'Big Beautiful Bill' Advances Senate Vote Amid GOP Division

News summary

President Donald Trump's $3.8 trillion tax cut and spending package, dubbed the "One Big Beautiful Bill," has passed a key Senate vote with Vice President JD Vance casting the tiebreaking vote amid three Republican dissenters. The bill faces criticism from various factions, with Democrats opposing it outright, conservatives worried about its impact on the deficit, and the ultraconservative House Freedom Caucus threatening to reject it in the House due to insufficient spending cuts and concerns over ballooning national debt. The Congressional Budget Office estimates the bill will add $3.3 trillion to the national debt over the next decade, with nearly 12 million people losing insurance, although the White House claims it will decrease debt by $5 trillion. House Majority Leader Mike Johnson is calling Republicans back from recess to try to pass the bill before the July 4 deadline, but divisions remain, particularly over Medicaid cuts and overall fiscal responsibility. Senator Lindsey Graham praised the bill as a major victory against liberal policies, underscoring its significance within the GOP. The bill now returns to the House, where its fate remains uncertain amidst growing discontent and demands for major changes.

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Last Updated
1 day ago
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