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President Donald Trump“Big Beautyville” has faced criticism, even from within his own party, as some lawmakers remain skeptical of the massive spending package and the potential impact on the country’s debt, despite being considered by Republican-controlled Congress.
The spending bill, which passed late last month and is now in the hands of the Senate, aims to address many issues, including tax policy, border security and immigration, defense, energy production, debt restrictions, and coordination of snaps and Medicaid.
But without a serious overhaul, Sen. R-KY. Lawmakers like this are “no” in the law to increase national debt restrictions. He is one of a group of at least four Republican senators who have expressed concern over Trump’s bill as the package predicts a rise in national debt.
Randpole says it will support “big, beautiful invoices” if the debt cap hike is removed
Senator Rand Paul said Monday that despite his arguments with him he is still opposed to President Donald Trump’s “big, beautiful bill.” (Tasos Katopodis/Getty Images; Andrew Harnik/Getty Images)
this week, Paul broadcasted His concern is media members who say the bill will raise the debt cap by $5 trillion.
“We’ve never actually raised our debt cap without meeting that goal,” he said. “So you can say it’s not going to be added directly to your debt, but if you add $5 trillion in the ceiling, it fills it.
As of Tuesday, Government bondsThe Treasury Department measured what the US owes to creditors, at $36.2 trillion. Trump pushed back Paul’s comments about his bill.
Trump warns Rand Paul playing with “Democrats’ hands” against the “big, beautiful bill”
House Speaker R-LA. (Kevin Dietsch/Getty Images)
“Landpole I have little understanding of the BBB, especially the incredible growth. He loves to vote “no” on everything and I think it’s good politics, but it’s not. The BBB is a big winner!!!” Trump wrote in the Society of Truth.
Meanwhile, the national deficit that occurs when federal spending exceeds revenue was $1 trillion as of Tuesday, according to Treasury data.
On Tuesday, White House press chief Caroline Leavitt said “the blatantly false claim that “one, big, beautiful bill” is based on the Congressional Budget Office and other scorekeepers who use harsh assumptions and have historically done something frightening historically beyond Democrats and Republican administrations.”
Sen. Ron Johnson proposes a “line-by-line” cut and hand over Trump’s “big, beautiful bill”
As Fox Business previously reported, the outlook for federal debt levels is bleak, with economists increasingly warning at the heated pace of Congressional and Congressional spending. White House.
A recent analysis by the Nonpartisan Congressional Budget Office (CBO) shows that, based on the bill’s terms, the bill will add more than $2 trillion to the budget deficit over a decade.
Overall, the package’s tax cuts and reforms add nearly $3.8 trillion to the deficit over a decade, while spending cuts in other parts of the bill offset some of that to a $2.3 trillion figure.
Elon Musk (who ended his tenure last week as Trump’s lead in government efficiency.Doge), doubled his position on Tuesday. The home settlement package was “hate.”
The White House supports the tax bill after Musk calls it “nasty and hateful.”
The White House has launched a big, beautiful bill calculator for taxpayers. (White House)
“Sorry, I can’t stand it anymore,” Musk posted on X on Tuesday. “This massive, outrageous, pork-filled Congressional expenditure bill is a nasty hatred. I’m embarrassed by those who voted for it. I know you were wrong. You know that.”
The Trump administration and some Congressional Republicans have pushed back the estimation and impact on the deficit, also known as the one big beautiful bill law, Tax reduction It stimulates economic activity and leads to more tax revenue than expected.
Johnson Speaker clashes with Randpole over Trump’s bill’s “wimpy” spending cuts
“I hope we do a lot to get more cuts,” R-Pa. Rep. Scott Perry told Fox News about the bill. “We don’t want to bankrupt the country, and what Elon should realize is that they don’t need more solar and EV credits. That really makes it worse. But he probably knows that.”
A man passes a national debt watch on 43rd Avenue in New York City. The Billboard is constantly updated to show current US total national debt and US families’ share of their debt. (Getty Images)
To push back criticism, the White House has launched a website that allows Americans to show how much the bill personally saves.
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The House passed one big beautiful bill law on May 22nd Narrow 215-214-1 vote It mainly went along the party line.
If a version of the bill is revised by the Senate, the law must return to the House for another vote before going to Trump’s desk and become the law.
