In a high-stakes session, the Senate voted 51-50 to pass President Trump’s ambitious bill, aimed at slashing taxes and significantly cutting funds for social safety net programs. The GOP managed to navigate through internal conflicts, but the bill's approval in the House of Representatives remains uncertain. With three Republican Senators siding with Democrats, Vice President JD Vance was compelled to cast the decisive vote.
The lengthy negotiation process spanned over 24 hours, characterized by intense debates and last-minute compromises. Political analysts, including my colleague Carl Hulse, warn that this legislative win presents considerable risks for the Republican Party's future.
The bill proposes to extend approximately $3.8 trillion in tax cuts from Trump’s previous term and allocates substantial funds for military and border security initiatives. However, the ramifications for millions of low-income Americans could be severe, as they may face significant reductions in health insurance and federal aid.
Looking ahead, the House of Representatives is set to cast its vote later today, with the outcome pivotal for the bill's journey to Trump for his signature. Stay tuned for live updates on this developing situation.
