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Trump's 'Big Beautiful Bill': Senate aims for passage by this date; hopes to finalise it 'even sooner'

Trump's 'Big Beautiful Bill': Senate aims for passage by this date; hopes to finalise it 'even sooner'

Time of India5 hours ago

Senator Ron Johnson said there's a strong chance that
Donald Trump
's "Big Beautiful Bill" could be passed by the Senate and land on the US president's desk by July, possibly before the August recess.
"I think we can do it before the August recess, yes, and maybe even sooner than that," Johnson told Fox News.
President Trump has earlier urged Congress to send the bill to his desk by July 4, calling it "arguably the most significant piece of legislation that will ever be signed in the history of our country."
— bennyjohnson (@bennyjohnson)
The wide-ranging legislative package — formally known as the "One, Big, Beautiful Bill" bundles together major tax reforms, spending cuts, and border security proposals that aim to reshape key areas of American policy.
At its core, the over 1,000-page bill seeks to make Trump's 2017 tax cuts permanent while adding new tax breaks, such as deductions for tips, overtime, and car loan interest.
It also proposes raising the standard deduction to $32,000 for joint filers, boosting the child tax credit to $2,500, and offering a $4,000 deduction for certain seniors.
But the bill has sparked backlash over proposed cuts to federal programs.
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It includes major reductions in spending on Medicaid and the Supplemental Nutrition Assistance Program (SNAP).
The Congressional Budget Office estimates the bill could cut SNAP spending by $295 billion over the next decade and push around 3.2 million people off the program each month by tightening work requirements and shifting more costs to states.
While Republicans hold a slight majority in the Senate (53-47), opposition remains — not just from Democrats but also from some GOP senators worried about impacts on vulnerable populations and the potential to worsen the federal deficit.

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