Donald Trump's Tax and Expenditure Bill 'One Big Beautiful Bill Act' has passed a long 24 -hour debate in the United States Senate. Trump sees this bill as one of his second -term main laws.
According to the BBC report, after a day-long debate on Monday, the Senate voting on Tuesday morning was 3-5. Later, Vice President JD Bhans Tie-Breaking voted and helped the bill passed.
Now the bill has been sent back to the lower room, where it is expected to face more difficult opposition. Earlier, a previous version of the bill was passed without a vote in the upper room.
Although there are Republican majority in the Senate, the party's three senators – Susan Collins (Maine), Thom Tillis (North Carolina) and Rand Paul (Kentucky) voted against the Democrats. However, despite the suspicion, Alaska Lisa Marcaosky finally took the stand for the bill.
What's on the bill?
The bill is proposing to launch temporary tax concessions launched in Trump's first term. In order to meet the government's income deficit, there are plans to extensive cuts in multiple social programs such as food subsidies and low-income marks healthcare.
The budget deficit is expected to increase up to $ 1 billion every year if the bill is passed. According to the Congressal Budget Office, the bill can deprive 10 million Americans of health insurance and add $ 1.5 trillion loans. In addition, the Democrats have opposed the bill at the expense of the bill. Some of the House Republicans also objected that the bill had cut more than the version passed in the house in the medical program.
Meanwhile, Tech Giant Elon Mask has strictly taken a stand against this. Because of this bill, his relationship with Trump has deteriorated. The mask has threatened that if the bill is finalized, he will form a new political party. On Monday, he wrote in X, “Congress members who have been elected by promising to reduce the cost of the budget, should be ashamed if they vote for the biggest debt in history.”
This bill also has an interest in the mask. The bill will reduce government assistance on renewable energy and electric cars, which can financially damage the mask company Tesla.
