Republicans in the Senate may kill President Trump’s Big Beautiful Bill. The bill passed the House last week but GOP Senators are not willing to give President Trump a pass for the bill’s shortcomings.
The bill is a comprehensive tax and spending package that is high on the President’s wish list. It extends the 2017 tax cuts passed by the first Trump administration, increases the child tax credit, and introduce deductions for tips and overtime pay.
There are some good nuggets in there but it is also a spending bonanza that could add $2.3 trillion to the deficit. Representative Thomas Massie explained it on Redacted last week.
Elon Musk criticized the bill as a disappointment, stating it undermines DOGE’s efforts to reduce government spending.