The proposed legislation has incited fierce opposition, particularly due to significant cuts to programs like Medicaid and Social Security, raising concerns among lawmakers. Currently, at least two Republican senators are firmly against the bill, while a number of others remain undecided. The nonpartisan Congressional Budget Office has projected the bill could increase the national debt by at least $3.3 trillion over a decade.
Key elements of the bill include investment in military and border security, tax reductions, and substantial reductions in spending for safety-net programs. If the Senate moves forward to approval, the bill will be presented to the House of Representatives before reaching the President's desk for a signature. As the clock ticks down to the holiday, the outcome of this legislative battle remains uncertain.
Key elements of the bill include investment in military and border security, tax reductions, and substantial reductions in spending for safety-net programs. If the Senate moves forward to approval, the bill will be presented to the House of Representatives before reaching the President's desk for a signature. As the clock ticks down to the holiday, the outcome of this legislative battle remains uncertain.
