The Republican-controlled U.S. Senate passed President Donald Trump's 'One Big Beautiful Bill Act,' a massive tax and spending package that would add $3.3 trillion to the national debt and make permanent Trump's 2017 tax cuts. The bill now heads to the House of Representatives for final approval, with Trump pushing for it to be signed by the July 4 Independence Day holiday. The Senate vote was narrow (51-50) due to Democratic opposition and dissent from some Republicans over debt, Medicaid cuts, and tax breaks.
U.S. Senate passes Trump's 'Big Beautiful Bill,' sends to House for final approval
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TL;DR: Key points with love ❤️The Republican-controlled U.S. Senate passed President Donald Trump's 'One Big Beautiful Bill Act,' a massive tax and spending package that would add $3.3 trillion to the national debt and make permanent Trump's 2017 tax cuts. The bill now heads to the House of Representatives for final approval, with Trump pushing for it to be signed by the July 4 Independence Day holiday. The Senate vote was narrow (51-50) due to Democratic opposition and dissent from some Republicans over debt, Medicaid cuts, and tax breaks.
Trending- 1 2017: Trump's business and personal income tax cuts enacted
- 2 2024: Trump promised new tax breaks during election
- 3 January 2025: Trump returned to office
- 4 May 2025: Initial version of the bill passed House with two votes to spare
- 5 Monday (June 30, 2025): House Freedom Caucus posted online about the deficit
- 6 Weekend (June 28-29, 2025): Rep. David Valadao spoke during the debate
- 7 Sunday (June 29, 2025): Sen. Thom Tillis announced he would not run for re-election
- 8 Tuesday (July 1, 2025): U.S. Senate passed the bill
- 9 July 4 Independence Day holiday: Trump pushes for bill to be signed into law by this date
- Adds $3.3 trillion US to the national debt
- Raises the nation's borrowing limit by $5 trillion US
- Makes Trump's 2017 business and personal income tax cuts permanent
- Doles out new tax breaks for tipped income, overtime and seniors
- Provides tens of billions of dollars for Trump's immigration crackdown
- Repeals many of Democratic president Joe Biden's green-energy incentives
- Tightens eligibility for food and health safety net programs, effectively reducing income for poorer Americans
- Will slow economic growth, raise borrowing costs and crowd out other government spending in the decades to come
- Postpones the prospect of a debt default this summer
- Incentivizes foreign bond investors to diversify out of U.S. Treasuries
- Potential service cutbacks in rural areas due to Medicaid funding mechanism crackdown
- Sen. Thom Tillis will not run for re-election next year
What: The U.S. Senate passed President Donald Trump's 'One Big Beautiful Bill Act,' a comprehensive tax and spending package. This bill aims to make Trump's 2017 business and personal income tax cuts permanent, dole out new tax breaks for tipped income, overtime, and seniors, provide tens of billions for Trump's immigration crackdown, repeal many of Joe Biden's green-energy incentives, and tighten eligibility for food and health safety net programs. It is estimated to add $3.3 trillion US to the national debt and raise the nation's borrowing limit by $5 trillion US.
When: Tuesday (July 1, 2025). Trump has pushed for it to be signed into law by the July 4 Independence Day holiday. An initial version passed the House in May.
Where: U.S. Senate (Washington D.C. implied), House of Representatives, White House.
Why: To enshrine many of President Donald Trump's top priorities into law, including permanent tax cuts and immigration funding, and to address the nation's borrowing limit. Republicans argue it will help families and small businesses and make benefit programs more sustainable.
How: The Republican-controlled Senate passed the 940-page bill with a narrow 51-50 vote, with Vice-President JD Vance casting the tiebreaking vote. This occurred despite unified opposition from Democrats and dissent from three Senate Republicans. The bill now moves to the House for final approval, where a close vote is also expected.