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Bessent: Senate on track for Friday vote on Trump’s ‘big, beautiful bill’

UNITED STATES, JUN 25 – The bill aims to extend tax cuts and reduce spending but faces opposition due to potential Medicaid cuts and a projected $3.3 trillion increase in the national debt over 10 years.

  • The Senate is preparing for a vote on a significant bill proposed by President Trump, aiming for completion by July 4.
  • The Senate is expected to vote on a significant tax bill by Friday, aiming for President Trump's signature by July 4.
  • The bill features extensions of tax cuts and proposed cuts to Medicaid funding to save costs, but it faces internal Republican disagreements.
  • Senate leaders are addressing the parliamentarian's rulings on provisions that may violate Congressional rules, impacting Medicaid and immigrant assistance.
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Analysis by Stephen Collinson, CNN President Donald Trump’s “big, beautiful bill,” which he called the “ultimate codification” of the MAGA agenda on Thursday, is a paradox that shows how power works in a broken political system where Republicans are the strongest force. As it stumbles through the Senate, the bill—which extends vast tax cuts, increases border security funding and includes historic cuts to Medicaid—is on life support, as parts are…

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World News broke the news in United States on Tuesday, June 24, 2025.
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