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Trump’s “Beautiful” Budget Bill Stalls in Senate as Republicans Clash Over Spending Cuts
Senate Republicans are facing an internal deadlock, unable to unify behind Donald Trump’s massive new tax and spending proposal. With less than a month until their self-imposed July 4 deadline, tensions are rising over how to handle a bill that could add $2.4 trillion to the federal deficit over the next decade.
According to The Wall Street Journal, Majority Leader John Thune is trying to push out a new version of the bill, but progress is slow as the GOP fractures over key provisions.
Trump’s so-called “big, beautiful bill” narrowly passed the House in May by just one vote. But in the Senate, Republicans are gridlocked — unable to agree on which federal programs to cut in order to fund Trump’s proposed tax breaks, border security expansion, and military upgrades.
Medicaid, Food Aid, and Energy Tax Credits Spark Division
📌 Main flashpoints:
🔹 Stricter work requirements for Medicaid recipients
🔹 Cuts to food assistance, requiring states to shoulder 5% of the cost
🔹 Rollback of clean energy tax incentives from the Inflation Reduction Act
Senator Lisa Murkowski summed it up: “Everyone’s pulling this Gumby in different directions — we don’t have a unified vision.”
The proposed Medicaid reforms have triggered sharp debate. The Congressional Budget Office warns that the changes could leave 4.8 million people without insurance by 2034. While some Republicans back the move, others worry about impacts on rural hospitals and vulnerable communities.
Tax Showdowns and Lobbying Pressure
More tension surrounds tax relief for businesses. Senator Steve Daines of Montana has drawn a red line: no permanent expensing provision, no support.
Senator John Curtis of Utah slammed the proposed repeal of clean energy incentives, warning it could hurt companies like Fervo Energy, which is building the world’s largest geothermal plant in his state. His colleague Mike Lee and others are angry over proposed changes to the SALT deduction cap — raising it from $10,000 to $40,000 — which they argue disproportionately benefits wealthy blue-state residents.
GOP Infighting Threatens Bill’s Survival
Deep rifts remain between GOP fiscal hawks demanding more cuts, and pragmatists protecting their states' interests. Trump is pressuring lawmakers to pass the bill quickly to showcase strong leadership heading into the election, but some senators remain unconvinced.
“I want Trump to succeed,” said Senator Ron Johnson of Wisconsin. “But I can’t support something that could blow up our budget.”
Without unity, even a few GOP defections could derail the legislation. And if the Senate amends the bill significantly, sending it back to the House could trigger another showdown.
As it stands, Trump’s “beautiful bill” risks collapsing under the weight of its own political contradictions.
#TrumpBill , #TRUMP , #USPolitics , #USGovernment , #worldnews
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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
According to The Wall Street Journal, Majority Leader John Thune is trying to push out a new version of the bill, but progress is slow as the GOP fractures over key provisions.
Trump’s so-called “big, beautiful bill” narrowly passed the House in May by just one vote. But in the Senate, Republicans are gridlocked — unable to agree on which federal programs to cut in order to fund Trump’s proposed tax breaks, border security expansion, and military upgrades.
Medicaid, Food Aid, and Energy Tax Credits Spark Division
📌 Main flashpoints:
🔹 Stricter work requirements for Medicaid recipients
🔹 Cuts to food assistance, requiring states to shoulder 5% of the cost
🔹 Rollback of clean energy tax incentives from the Inflation Reduction Act
Senator Lisa Murkowski summed it up: “Everyone’s pulling this Gumby in different directions — we don’t have a unified vision.”
The proposed Medicaid reforms have triggered sharp debate. The Congressional Budget Office warns that the changes could leave 4.8 million people without insurance by 2034. While some Republicans back the move, others worry about impacts on rural hospitals and vulnerable communities.
Tax Showdowns and Lobbying Pressure
More tension surrounds tax relief for businesses. Senator Steve Daines of Montana has drawn a red line: no permanent expensing provision, no support.
Senator John Curtis of Utah slammed the proposed repeal of clean energy incentives, warning it could hurt companies like Fervo Energy, which is building the world’s largest geothermal plant in his state. His colleague Mike Lee and others are angry over proposed changes to the SALT deduction cap — raising it from $10,000 to $40,000 — which they argue disproportionately benefits wealthy blue-state residents.
GOP Infighting Threatens Bill’s Survival
Deep rifts remain between GOP fiscal hawks demanding more cuts, and pragmatists protecting their states' interests. Trump is pressuring lawmakers to pass the bill quickly to showcase strong leadership heading into the election, but some senators remain unconvinced.
“I want Trump to succeed,” said Senator Ron Johnson of Wisconsin. “But I can’t support something that could blow up our budget.”
Without unity, even a few GOP defections could derail the legislation. And if the Senate amends the bill significantly, sending it back to the House could trigger another showdown.
As it stands, Trump’s “beautiful bill” risks collapsing under the weight of its own political contradictions.
#TrumpBill , #TRUMP , #USPolitics , #USGovernment , #worldnews
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🚨🔥 #BREAKING 🔥🚨
New $TRUMP Tax Bill Could Weaken #Court Powers
A proposed tax & spending bill by $TRUMP includes a controversial clause to restrict federal courts, even limiting the Supreme Court’s ability to halt government actions.
⚠️ Legal experts warn this could disrupt institutional balance.
Market Impact:
📉 Political instability often rattles bond markets and safe-haven demand (like Gold/USDT).
#TrumpBill #InsidePro #PCEMarketWatch
$DOGE
New $TRUMP Tax Bill Could Weaken #Court Powers
A proposed tax & spending bill by $TRUMP includes a controversial clause to restrict federal courts, even limiting the Supreme Court’s ability to halt government actions.
⚠️ Legal experts warn this could disrupt institutional balance.
Market Impact:
📉 Political instability often rattles bond markets and safe-haven demand (like Gold/USDT).
#TrumpBill #InsidePro #PCEMarketWatch
$DOGE
🚨 Wall Street on Edge as Congress Fumbles Budget Talks! 💸📉
Markets are wobbling — and it’s not about inflation or Fed rates this time.
Congress is the new chaos generator.
Here’s what’s happening:
GOP lawmakers stall budget bill over SALT tax deduction demands 🧾
Trump steps in, but even his push hasn't broken the deadlock
Memorial Day goal? Slipping fast… ⏳
Why This Matters:
More delays = more uncertainty
If passed, the bill could flood markets with Treasury debt
That risks higher borrowing rates, pressure on the dollar, and a hit to stocks & crypto
Wall Street reaction:
S&P 500, Nasdaq, and Dow all closed red
Futures sliding Wednesday morning
30-year yield near 5% = bond market stress rising fast! 📉
What Experts Are Saying:
UBS warns: “This bill could balloon the $36T deficit and strain bond demand.”
BofA flags: “A bond-buyer strike is possible — rates could spike, dollar could dip, equities might slide.”
Until Congress figures it out, investors are watching with caution — and crypto is in the splash zone.
#BudgetBattle #WallStreet #CryptoWatch #SALTfight #TrumpBill
Markets are wobbling — and it’s not about inflation or Fed rates this time.
Congress is the new chaos generator.
Here’s what’s happening:
GOP lawmakers stall budget bill over SALT tax deduction demands 🧾
Trump steps in, but even his push hasn't broken the deadlock
Memorial Day goal? Slipping fast… ⏳
Why This Matters:
More delays = more uncertainty
If passed, the bill could flood markets with Treasury debt
That risks higher borrowing rates, pressure on the dollar, and a hit to stocks & crypto
Wall Street reaction:
S&P 500, Nasdaq, and Dow all closed red
Futures sliding Wednesday morning
30-year yield near 5% = bond market stress rising fast! 📉
What Experts Are Saying:
UBS warns: “This bill could balloon the $36T deficit and strain bond demand.”
BofA flags: “A bond-buyer strike is possible — rates could spike, dollar could dip, equities might slide.”
Until Congress figures it out, investors are watching with caution — and crypto is in the splash zone.
#BudgetBattle #WallStreet #CryptoWatch #SALTfight #TrumpBill
$BTC
$XRP
$BNB
📉 Markets Bleed Red After Trump’s “One Big Beautiful Bill” — What It Means for Crypto 🧨
Wall Street isn’t cheering.
As President Trump’s massive new tax-and-spend plan moves forward, markets are reacting — and not in a good way.
🔻 Moody’s just downgraded the U.S.’s last AAA credit rating.
That’s a loud alarm over rising debt and inflation risks. Stocks dropped, and risk appetite vanished fast.
🔍 So What’s the Crypto Play?
When TradFi shakes, crypto stirs. Here’s what to watch:
✅ Volatility = Opportunity
Uncertainty in legacy markets often drives smart money into crypto — especially BTC and ETH.
✅ Trust in Fiat Wobbles
A credit downgrade weakens confidence in the dollar. Crypto shines as a hedge against systemic risk.
✅ DeFi Could Surge
Expect increased flows into stable-yield protocols and on-chain activity as capital looks for safety.
💡 Reminder:
When traditional finance looks weak, crypto doesn’t just survive — it thrives.
🧠 Stay sharp. Stay informed. Stay decentralized.
👉 Follow for macro + crypto insights — no hype, just real signals.
#TrumpBill #CryptoStrategy #BTC #Web3Markets #CryptoNews
$XRP
$BNB
📉 Markets Bleed Red After Trump’s “One Big Beautiful Bill” — What It Means for Crypto 🧨
Wall Street isn’t cheering.
As President Trump’s massive new tax-and-spend plan moves forward, markets are reacting — and not in a good way.
🔻 Moody’s just downgraded the U.S.’s last AAA credit rating.
That’s a loud alarm over rising debt and inflation risks. Stocks dropped, and risk appetite vanished fast.
🔍 So What’s the Crypto Play?
When TradFi shakes, crypto stirs. Here’s what to watch:
✅ Volatility = Opportunity
Uncertainty in legacy markets often drives smart money into crypto — especially BTC and ETH.
✅ Trust in Fiat Wobbles
A credit downgrade weakens confidence in the dollar. Crypto shines as a hedge against systemic risk.
✅ DeFi Could Surge
Expect increased flows into stable-yield protocols and on-chain activity as capital looks for safety.
💡 Reminder:
When traditional finance looks weak, crypto doesn’t just survive — it thrives.
🧠 Stay sharp. Stay informed. Stay decentralized.
👉 Follow for macro + crypto insights — no hype, just real signals.
#TrumpBill #CryptoStrategy #BTC #Web3Markets #CryptoNews
LA LLAMADA (UNA GRAN HERMOSA LEY)
$BTC
BTC
108,565.96
-2.22%
$XRP
XRP
2.3389
-3.37%
$BNB
BNB
664
-2.3%
Los mercados sangran rojo después de la 'Una Gran Hermosa Ley' de Trump — Lo que significa para las criptomonedas
Los mercados tradicionales sufrieron un golpe mientras la Cámara avanzaba en el nuevo proyecto de ley de impuestos y gastos del presidente Trump, apodado “Una Gran Hermosa Ley”. Pero los inversores no están celebrando. En cambio, están preocupados.
¿Por qué?
Moody’s acaba de desp
ojar a EE. UU. de su última calificación crediticia AAA.
Esto señala temores crecientes sobre una deuda insostenible y presión inflacionaria. Las acciones cayeron, y el sentimiento de riesgo en las finanzas tradicionales se deterioró rápidamente.
---
¿Cuál es el ángulo de las criptomonedas?
• Incertidumbre = Volatilidad = Oportunidad
A medida que Wall Street entra en pánico, el dinero inteligente se rota hacia activos alternativos. Bitcoin y las principales altcoins a menudo brillan durante la deslocalización macroeconómica.
• La moneda fiduciaria pierde confianza
Una calificación crediticia de EE. UU. degradada alimenta dudas a largo plazo sobre la dominancia del dólar. Cripto = Cobertura.
• Esperar flujo de dinero hacia $BTC , $ETH y protocolos de rendimiento estable
Busque picos en el volumen de operaciones y la actividad DeFi mientras los inversores buscan refugio de la tormenta.
---
Recordatorio: Cuando TradFi se pone inestable, las criptomonedas se vuelven interesantes.
Mantente listo. Mantente informado. Mantente descentralizado.
Sígueme para análisis de mercado que combinan macro y cripto—sin relleno, solo hechos.
#TrumpBill #CryptoMarketSentiment😬📉📈 #BinanceSquare #BTC #MarvinVasquez
BTC
108,565.96
-2.22%
$XRP
XRP
2.3389
-3.37%
$BNB
BNB
664
-2.3%
Los mercados sangran rojo después de la 'Una Gran Hermosa Ley' de Trump — Lo que significa para las criptomonedas
Los mercados tradicionales sufrieron un golpe mientras la Cámara avanzaba en el nuevo proyecto de ley de impuestos y gastos del presidente Trump, apodado “Una Gran Hermosa Ley”. Pero los inversores no están celebrando. En cambio, están preocupados.
¿Por qué?
Moody’s acaba de desp
ojar a EE. UU. de su última calificación crediticia AAA.
Esto señala temores crecientes sobre una deuda insostenible y presión inflacionaria. Las acciones cayeron, y el sentimiento de riesgo en las finanzas tradicionales se deterioró rápidamente.
---
¿Cuál es el ángulo de las criptomonedas?
• Incertidumbre = Volatilidad = Oportunidad
A medida que Wall Street entra en pánico, el dinero inteligente se rota hacia activos alternativos. Bitcoin y las principales altcoins a menudo brillan durante la deslocalización macroeconómica.
• La moneda fiduciaria pierde confianza
Una calificación crediticia de EE. UU. degradada alimenta dudas a largo plazo sobre la dominancia del dólar. Cripto = Cobertura.
• Esperar flujo de dinero hacia $BTC , $ETH y protocolos de rendimiento estable
Busque picos en el volumen de operaciones y la actividad DeFi mientras los inversores buscan refugio de la tormenta.
---
Recordatorio: Cuando TradFi se pone inestable, las criptomonedas se vuelven interesantes.
Mantente listo. Mantente informado. Mantente descentralizado.
Sígueme para análisis de mercado que combinan macro y cripto—sin relleno, solo hechos.
#TrumpBill #CryptoMarketSentiment😬📉📈 #BinanceSquare #BTC #MarvinVasquez
Markets Dip Into the Red After Trump’s ‘One Big Beautiful Bill’ 📉 Red Zone Alert – U.S. Markets Sli
#Trump U.S. markets turned bearish after the House advanced President Trump’s tax bill — dubbed the “One Big Beautiful Bill.”
Investor sentiment weakened as concerns rise over the bill’s long-term impact on the economy.
⚠️ Moody’s downgrade of U.S. debt from AAA added further pressure, shaking confidence in fiscal stability.
Key Takeaways:
Tax and spending reforms triggering fear
Moody’s downgrade = investor caution
Volatility expected in the short term
Stay sharp. Risk management is key in uncertain macro conditions.
Source: Yahoo Finance
#Markets #TrumpBill #TradingUpdate #BinanceNews $TRUMP
Investor sentiment weakened as concerns rise over the bill’s long-term impact on the economy.
⚠️ Moody’s downgrade of U.S. debt from AAA added further pressure, shaking confidence in fiscal stability.
Key Takeaways:
Tax and spending reforms triggering fear
Moody’s downgrade = investor caution
Volatility expected in the short term
Stay sharp. Risk management is key in uncertain macro conditions.
Source: Yahoo Finance
#Markets #TrumpBill #TradingUpdate #BinanceNews $TRUMP
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