Trump spending bill faces opposition from some Republican senators
UNITED STATES, JUN 4 – The bill includes a $4 trillion debt ceiling increase and cuts Medicaid and food aid, potentially affecting 8.6 million losing health care, according to Congressional estimates.
- President Donald Trump is pushing for his tax breaks and spending cuts bill to be signed into law by July 4 in Washington, using intense pressure on senators.
- The bill aims to continue the 2017 tax reductions while proposing cuts to Medicaid, food assistance programs, and funding for renewable energy to finance over $4.5 trillion in tax benefits.
- Senators Josh Hawley, Susan Collins, and Lisa Murkowski have expressed concerns the Medicaid changes might cause millions to lose health coverage amid ongoing Senate debates.
- Projections indicate that approximately 8.6 million individuals could lose access to health coverage, and close to 4 million might be cut from SNAP assistance, while Elon Musk condemned the spending bill as a “disgusting abomination.”
- The package encounters significant obstacles in the Senate due to calls for amendments and deliberate delays, while the Treasury cautions that the debt ceiling must be increased before mid-summer to prevent a default.
318 Articles
318 Articles
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John Thune is wasting no time moving President Donald Trump’s “big, beautiful bill” through the Senate. The Senate majority leader laid out a rat-a-tat tempo for the coming weeks in an exclusive interview with POLITICO that he hopes will culminate in final passage of the party-line megabill by Republicans’ July 4 deadline. Senate committees will fully release revised text of the bill by the end of next week, Thune said. Panel markups where that …
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