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U.S. Senate Votes on Trump’s Budget Bill|National Debt to Rise by $3.3 Trillion

U.S. Senate Votes on Trump’s Budget Bill|National Debt to Rise by $3.3 Trillion

U.S. Senate Votes Overnight on Trump’s “Big Beautiful Bill”

Key Points:

  • The U.S. Senate conducted a marathon overnight vote on President Trump’s sweeping budget proposal.
  • The bill expands spending on border security, defense, and energy while cutting healthcare and welfare budgets.
  • If passed, it is estimated to increase the national debt by $3.3 trillion.
  • Strong opposition from Democrats and some Republicans leaves its passage uncertain.

Background: Trump Administration and the Budget Bill

President Donald Trump submitted a comprehensive budget bill known as the “One Big Beautiful Bill” to push forward his “America First” agenda, a core campaign promise. Spanning nearly 1,000 pages, the bill encompasses conservative policy goals such as building a border wall, increasing defense spending, and boosting domestic energy production. However, critics point to cuts in healthcare and nutrition assistance as evidence of abandoning vulnerable populations.

Congressional Debate and the Vote-a-Rama

Beginning late Monday night into Tuesday morning, the Senate engaged in a prolonged voting session called a vote-a-rama, casting individual votes on nearly 100 amendments over more than 21 hours. Democrats attempted to delay the process by demanding the full 940-page bill be read aloud, which took 16 hours and significantly slowed proceedings.

One closely watched amendment by Senator John Cornyn proposed cutting federal subsidies to states offering healthcare to undocumented immigrants with criminal records—it was rejected. Senator Ed Markey, a Democrat, introduced an amendment aimed at maintaining access to healthcare in rural hospitals, which was also voted down along party lines.

Reactions from Public Figures and Fiscal Impact

Criticism has come from outside politics as well. Elon Musk, CEO of Tesla, criticized the GOP, calling the bill hypocritical for maximizing debt while claiming to cut government spending. Trump responded via social media, stating “Elon survives on subsidies.”

According to the U.S. Department of the Treasury, the national debt currently stands at $36 trillion, and this bill could add an additional $3.3 trillion. Furthermore, the Congressional Budget Office (CBO) estimates that proposed healthcare reforms could leave about 12 million Americans without insurance.

Outlook and Political Risk

After clearing the Senate, the bill now awaits a final vote in the House. If passed, it will become law with President Trump’s signature. However, many fiscal conservatives within the GOP are concerned about the budget deficit implications. The proposed Medicaid cuts are particularly controversial, with implications for state-level healthcare systems.

If narrowly rejected in the House, Vice President J.D. Vance may cast the deciding vote. Political tensions are high, and some conservatives see passage of the bill as a betrayal of voter trust, potentially deepening internal divisions within the party.

Conclusion

This budget bill, seen as a culmination of Trump’s policies, has polarized lawmakers and the public alike. Its passage or rejection could significantly impact U.S. fiscal policy, healthcare, and political dynamics. Close attention is being paid to developments in the coming days.


For the latest updates, please check the FIXIO Blog.

*This article is based on official sources and media reports and is intended for informational purposes only. It does not endorse any particular viewpoint or opinion.

This article is based on official information and reports from credible news organizations.
It is intended solely for informational purposes and does not represent support for any specific stance or political party.

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DANIEL JOHN GRADY
Author

Daniel John Grady is a financial analyst and writer. He is a former CFO with a degree in Financial Management and has been published in both English and Spanish. With over ten years of equities trading experience, he is primarily interested in foreign exchange and emerging markets with a focus on Latin America.

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