Senate Advances Trump’s Tax Bill Amid Fierce Opposition

English , International - بین الاقوامی , Snippets , / Sunday, June 29th, 2025

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WASHINGTON, June 29 – rki.news
The U.S. Senate narrowly advanced President Donald Trump’s sweeping tax-cut and spending proposal late Saturday night, setting the stage for heated debate ahead of the July 4 recess. The 940-page legislation, dubbed the One Big Beautiful Bill Act, passed a procedural vote 51 49 after intense backroom negotiations.
The bill proposes extending Trump-era 2017 tax cuts, introducing additional tax reductions, and increasing military and border security spending. To offset lost revenue, the measure includes deep cuts to Medicaid, food assistance, renewable energy programs, and other social welfare initiatives.
The vote revealed cracks within Republican ranks. Senator Ron Johnson of Wisconsin switched to support the bill after private talks with party leaders. However, Senators Thom Tillis (North Carolina) and Rand Paul (Kentucky) voted against it. Tillis raised alarms over Medicaid cuts affecting his state, while Paul denounced the proposed $5 trillion increase to the national debt ceiling.
Democrats uniformly opposed the bill, calling it a handout to the wealthy at the expense of low-income Americans. Senate Majority Leader Chuck Schumer condemned the GOP for rushing the process and demanded the entire bill be read aloud on the Senate floor before debate proceeds.
“If Republicans won’t tell Americans what’s in this bill, we will make sure they hear it word for word,” Schumer declared.
The Senate is expected to endure overnight sessions and a flurry of proposed amendments. If passed, the bill will return to the House for final approval before landing on the president’s desk.
Elon Musk, former head of the Department of Government Efficiency and CEO of Tesla and SpaceX, voiced strong disapproval on X, warning the bill “will destroy millions of jobs” and harm America’s future industries.