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US Senate Passes Trump’s $3.3 Trillion Tax and Spending Bill

US Senate Passes Trump’s $3.3 Trillion Tax and Spending Package

The US Senate Passes President Donald Trump’s big tax and spending bill on Tuesday. This was a big win for him because it helped him reach his main policy goals, but it also added $3.3 trillion to the national debt. The “One Big Beautiful Bill Act” is now going to the House of Representatives to be voted on. Trump is telling lawmakers to send it to him before the Fourth of July.

The Senate vote was close, with Vice President JD Vance breaking the tie and voting for the bill. Only three Republicans voted against the 940-page bill, which would make Trump’s 2017 tax cuts permanent, give new tax breaks to seniors, tipped workers, and people who work overtime, and spend billions on immigration enforcement.

Despite internal divisions, Senate Republicans largely rallied behind the bill. However, the tight margin reflected growing concern over the bill’s fiscal impact and controversial changes to healthcare and social programs. The Congressional Budget Office (CBO) projects the legislation would increase the national debt to $36.2 trillion over the next decade.

In the House, where Republicans hold a slim 220-212 majority, the vote is expected to be similarly close. Several GOP lawmakers, including members of the House Freedom Caucus, have criticized the Senate’s revisions, calling for steeper spending cuts and warning the bill lacks fiscal discipline.

Conservative and Moderate GOP Lawmakers Raise Red Flags

Hardline conservatives argue the bill adds too much to the deficit, while moderate Republicans are concerned about deep Medicaid cuts and their impact on hospitals and rural communities. Representative David Valadao (R-CA) voiced opposition, citing the potential loss of essential healthcare funding.

Meanwhile, Trump continues to pressure Republicans to stay unified, using his Truth Social platform to call out dissenters. His influence remains strong, with few openly defying him since his return to office.

The bill also raises the debt ceiling by $5 trillion, which stops a default but makes global financial markets nervous. Republicans have dismissed the CBO’s projections, but analysts say that in the long run, they could lead to slower growth and higher borrowing costs, especially for younger generations.

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