Senate Republicans Approve Trump’s 'Beautiful' Tax and Spending Bill

Thu Jul 03 2025 05:38:59 GMT+0300 (Eastern European Summer Time)
Senate Republicans Approve Trump’s 'Beautiful' Tax and Spending Bill

After extensive negotiations and heated debate, the Senate narrowly passed a critical piece of legislation championed by Donald Trump, known as the One Big Beautiful Bill Act.


The legislation, pivotal for Trump's agenda, faces further challenges in the House, where Republican dissent may complicate its path to law.



In a tense session that spanned over 24 hours, U.S. Senate Republicans managed to pass President Donald Trump’s One Big Beautiful Bill Act, aimed at overhauling tax and spending provisions. The approval came after Vice-President JD Vance cast a tie-breaking vote that underscored the bill's contentious nature, with Republicans securing the necessary votes despite losing three members, including Senator Susan Collins of Maine and Rand Paul of Kentucky.

The legislation now returns to the House, where significant opposition is anticipated. Trump has set a target date of July 4 for the final version to reach his desk, a challenging deadline given the existing divisions within the party. During the tight Senate vote, applause erupted from Republican legislators while discontent was evident among Democrats.

Senate Majority Leader John Thune's efforts to rally support were tested by several dissenting voices. Notably, Senator Lisa Murkowski's last-minute compliance—after voicing concerns about Medicaid cuts—was crucial for the bill's progression. "I struggled mightily with the impact on the most vulnerable," Murkowski stated post-vote, reflecting the bill's controversial implications.

In Florida, Trump hailed the passage, asserting it as a "great bill" with wide-ranging benefits. This sweeping legislation aims to make substantial tax reductions permanent, a feature initially introduced during his first term. However, it also proposes significant cuts to social safety nets, raising alarms about potential impacts on low-income families.

Complications loom as House Republicans revisit the Senate’s amendments, facing a precarious situation where they can only afford three dissenters. Meanwhile, the bill's potential for increasing the national deficit by $650 billion annually has left fiscal conservatives disgruntled, with the House Freedom Caucus expressing its disapproval on social media.

Further complicating the legislation's future, technology leader Elon Musk, previously a Trump ally, has expressed his intent to mobilize opposition against Republican supporters of the bill, foreshadowing a heated battle ahead.

As Democrats employ procedural tactics to challenge the bill, the sprint towards Trump’s deadline amid mounting opposition will be critical, raising questions about the bill's ultimate fate in Congress.

MORE ON THEME

Thu, 03 Jul 2025 01:29:23 GMT

Trump Demands Immediate Resignation of Federal Reserve Chair Jerome Powell

Thu, 03 Jul 2025 01:29:23 GMT
Wed, 02 Jul 2025 18:54:17 GMT

Trump Reveals Initial Trade Agreement with Vietnam to Adjust Tariffs

Wed, 02 Jul 2025 18:54:17 GMT
Wed, 02 Jul 2025 10:40:56 GMT

Israeli Officials Show Cautious Hope for Gaza Cease-Fire Ahead of Netanyahu-Trump Talks

Wed, 02 Jul 2025 10:40:56 GMT
Wed, 02 Jul 2025 04:10:16 GMT

Trump's Major Tax Reform Bill Passes Senate Amid Controversy

Wed, 02 Jul 2025 04:10:16 GMT
Tue, 01 Jul 2025 21:36:38 GMT

Senate Approves Trump's Controversial Tax Bill Amid Party Tensions

Tue, 01 Jul 2025 21:36:38 GMT
Tue, 01 Jul 2025 21:02:54 GMT

Trump's Aid Cuts Could Lead to 14 Million Deaths, Alarming Report Reveals

Tue, 01 Jul 2025 21:02:54 GMT
Tue, 01 Jul 2025 18:16:45 GMT

Trump's New Memo Mandates Tighter Cuba Restrictions

Tue, 01 Jul 2025 18:16:45 GMT
Tue, 01 Jul 2025 18:12:36 GMT

Senate Republicans Pass Trump's Controversial Mega-Bill Amidst Internal Divisions

Tue, 01 Jul 2025 18:12:36 GMT
Tue, 01 Jul 2025 13:49:29 GMT

Republicans in US Senate Face Uphill Battle on Trump’s Budget Bill

Tue, 01 Jul 2025 13:49:29 GMT
Tue, 01 Jul 2025 12:35:42 GMT

Trump Strengthens Restrictions on Cuba as Tensions Rise

Tue, 01 Jul 2025 12:35:42 GMT
Tue, 01 Jul 2025 12:31:10 GMT

Netanyahu Prepares for U.S. Visit Amid New Cease-Fire Developments

Tue, 01 Jul 2025 12:31:10 GMT
Tue, 01 Jul 2025 08:33:40 GMT

**Transgender Military Service Members Face 'Survival Mode' Amidst New Ban**

Tue, 01 Jul 2025 08:33:40 GMT
Tue, 01 Jul 2025 08:27:20 GMT

Robert F. Kennedy Jr.'s Controversial Vision for American Health: A Threat or a Breakthrough?

Tue, 01 Jul 2025 08:27:20 GMT
Tue, 01 Jul 2025 07:13:52 GMT

India-US Trade Deal: Negotiations in Uncertain Waters Ahead of Deadline

Tue, 01 Jul 2025 07:13:52 GMT
Tue, 01 Jul 2025 03:37:46 GMT

Senate Votes Underway on Trump's Controversial 'Big Beautiful Bill'

Tue, 01 Jul 2025 03:37:46 GMT
Tue, 01 Jul 2025 03:35:55 GMT

Trump's Aid Cuts Could Lead to 14 Million More Deaths, Report Warns

Tue, 01 Jul 2025 03:35:55 GMT
Mon, 30 Jun 2025 22:22:11 GMT

Canada's Tax Reversal Marks a Tactical Shift in US Trade Negotiations

Mon, 30 Jun 2025 22:22:11 GMT
Mon, 30 Jun 2025 21:17:19 GMT

Senate Voting Underway as Trump Pushes for Passage of Economic Bill

Mon, 30 Jun 2025 21:17:19 GMT
Mon, 30 Jun 2025 21:14:37 GMT

**Trump Eases Sanctions on Syria, Backing New Leadership Amid Controversy**

Mon, 30 Jun 2025 21:14:37 GMT
Mon, 30 Jun 2025 09:30:50 GMT

**Trump's Controversial Deal: The Return of MS-13 Leaders to El Salvador**

Mon, 30 Jun 2025 09:30:50 GMT

Follow us

© 2024 SwissX REDD UK ltd. All Rights Reserved.