The U.S. Senate has advanced President Donald Trump’s ambitious $3.8–$4.5 trillion “Big Beautiful Bill” through a critical procedural vote, setting the stage for further debate and a final decision. The vote, which took place late on Saturday, passed narrowly with a 51-49 margin, as two Republican senators joined all Democrats in opposition.
Key Details of the Bill
Scope: The legislation proposes sweeping tax cuts and significant spending reductions, aiming to extend the 2017 tax cuts and boost funding for military and border security initiatives.
Funding: To offset increased military and border security spending (including mass deportations and border wall construction), the bill includes cuts to Medicare, Medicaid, food stamps (SNAP), and clean energy programs.
State Impact: The bill would change how some social programs are funded, shifting some SNAP costs to states and limiting Medicaid coverage for certain groups.
Debt Concerns: Analysts estimate the bill could add up to $3 trillion to the national debt over time, despite White House claims that it would reduce the annual deficit by $1.4 trillion.
Timeline: Trump wants the bill on his desk by July 4, but the deadline is self-imposed and not absolute.
What Happens Next?
Further Debate: The Senate must now debate the 940-page bill, with Democrats planning to force a full reading, potentially delaying a final vote until Monday.
Final Vote: If passed by the Senate, the bill will return to the House for final approval before reaching Trump’s desk.
Market and Media: The passage of the procedural vote is being closely watched by markets and covered extensively in news and on platforms like YouTube.