• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Senators enter marathon vote-a-rama as Trump’s ‘big, beautiful bill’ deadline barrels near

by June 30, 2025
written by June 30, 2025

Senate Republicans are inching closer to a final vote on President Donald Trump’s ‘big, beautiful bill,’ but face one more obstacle before lawmakers go on record on the president’s ambitious agenda.

Lawmakers wrapped up several hours of debate on the megabill that began Sunday afternoon and petered out early Monday morning. The next hurdle is the marathon ‘vote-a-rama,’ when lawmakers on either side of the aisle can submit an unlimited number of amendments to the bill.

Senate Republicans will use the time to further change and mold the bill to sate holdouts, while Democrats will inflict as much pain, and burn as much time as possible, with amendments designed to kneecap or outright kill the legislation.

The debate was largely a predictably partisan affair filled with floor charts, impassioned gesticulating fists and pleas to either pass or nuke the bill.

Senate Democrats railed against the bill for its slew of changes to Medicaid, green energy tax subsidies and how the bill, particularly its design to make Trump’s 2017 Tax Cuts and Job act permanent, would balloon the federal deficit.

Republicans lauded the ‘big, beautiful bill’ for the growth it could supercharge in the country, and in particular, how important it was to prevent the president’s first-term tax cuts from lapsing.

‘I say to everybody in America who’s been hearing all of the politics of fear, about what we’re doing here and running up the deficit, [they] need to remember that only in Washington, D.C., is the refusal to raise your taxes an increase in the deficit,’ Senate Finance Committee Chair Mike Crapo, R-Idaho, said. ‘And we’re not going to let that happen.’

Lawmakers kicked off the debate with a back and forth on whether Senate Budget Committee Chair Lindsey Graham, R-S.C., or the Senate parliamentarian had the authority to dictate if Republicans could use the current policy baseline, the budget gimmick the GOP argues would negate their tax bill from ballooning the deficit, or current law, which would show the real cost of Trump’s tax package over the next decade.

‘Republicans can use whatever budgetary gimmicks they want to try and make the math work on paper, but you can’t paper over the real-life consequences of adding tens of trillions to the debt,’ said Senate Minority Leader Chuck Schumer, D-N.Y.  

The nonpartisan Congressional Budget Office (CBO) released two sets of scores Saturday and Sunday that reflected both current policy and current law. Under current policy, the bill would tack on just over $507 billion over the next decade. But under current law, the package would add roughly $3.3 trillion.

Graham countered that as budget chair, he has the right to set the numbers.

‘The resolution we’re operating under to get us here, we voted to make that the case so we’re not doing anything sneaky,’ he said. ‘We actually voted to give me the authority to do this, and it passed.’

Graham also went to bat for the GOP’s planned cuts to Medicaid, which they have presented as efforts to root out waste, fraud and abuse in the program by instilling work requirements, booting illegal migrants off the benefit rolls, and making changes to just how much the federal government would pay states.

He argued that since former President Barack Obama’s Affordable Care Act became law, Medicaid has grown exponentially, largely because Obama ‘incentivized’ states to opt in to the Medicaid expansion program and allowed for able-bodied working-age adults to get onto the benefit rolls, something he noted that Medicaid was ‘never intended’ to do.  

‘It’s a good thing for the individual involved to be working,’ he said. ‘It’s a good thing for the taxpayer, for them to be working. But that seems to be a crime on the other side, to ask somebody to work that can work.’

Not all Republicans were aligned in their passion to pass Trump’s bill.

Sen. Rand Paul, R-Ky., torched the legislative behemoth in a fiery floor speech that railed against the deficit-adding effect the bill would have. He and Sen. Thom Tillis, R-N.C., both voted against advancing the bill through a key procedural hurdle late Saturday night.

Tillis, who largely agrees with many of the tweaks to Medicaid, railed against the changes to the provider tax rate and accused the president of being duped by his healthcare advisors in the White House. 

He said he would remain against the bill until lawmakers took the time to actually unpack what their Medicaid proposals would do to the states, adding, ‘What’s wrong with actually understanding what this bill does?’ 

‘Republicans are about to make a mistake on healthcare and betraying a promise,’ he warned. ‘What do I tell 663,000 people in two or three years, when President Trump breaks his promise by pushing them off of Medicaid because the funding isn’t there anymore?’

Paul, who has taken issue with the addition of a $5 trillion hike to the debt ceiling baked into the bill, reaffirmed that he would be voting against the megabill during final passage.

‘In deciding whether to vote for the ‘big, not-so-beautiful bill,’ I’ve asked a very specific question: Will the deficit be more or less next year? The answer, without question, is this bill will grow the deficit,’ he said. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Tillis denounces Trump ‘big, beautiful bill’ hours after surprise retirement announcement
next post
Exiled Iranian prince tells Trump he can be ‘one of history’s great peacemakers’ amid talk of regime change

related articles

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

April 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Australia sounds alarm as Gen Z turns to AI for crypto trading tips

    March 16, 2026
  • UN halts humanitarian work in Yemen’s Houthi stronghold after staff detentions

    February 12, 2025
  • Netanyahu to undergo major surgery after UTI diagnosis

    December 29, 2024
  • Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • Iran’s Ayatollah Ali Khamenei in hiding with extra security following Hezbollah leader’s death: report

    September 29, 2024

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (1,629)
  • Stock (1,017)

Latest Posts

  • CrowdStrike stock: how its own partners triggered a sell-off today

    March 27, 2026
  • Trump hits EU for lack of Gaza aid, says Israel needs to ‘make a decision’ with Hamas not releasing hostages

    July 27, 2025
  • Key advisor called Hunter Biden’s role on strategy call ‘inappropriate’ after he overruled legal guidance

    July 8, 2025

Recent Posts

  • Ukraine tricks Russia into paying $500K bounty for fake hit on Putin opponent: report

    January 2, 2026
  • Succeeding Trump: 6 Republican potential presidential hopefuls to keep your eyes on in 2028

    May 28, 2025
  • USDCHF and USDJPY: USDJPY is using a new support to recover

    September 2, 2024

Editor’s Pick

  • Israeli NGO works behind the scenes to coordinate aid to Gazan civilians

    August 12, 2025
  • SCOOP: Trump admin, OpenAI partner to unleash artificial intelligence on federal government

    August 6, 2025
  • JONATHAN TURLEY: Biden’s veto of Judges Act makes him a craven partisan, not a Framer

    December 26, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock