Trump's ‘One Big Beautiful Bill' clears first Senate hurdle: Republican race for votes, criticism, proposals
The Republican majority-held United States Senate voted on and pushed through US President Donald Trump's much touted tax-cuts and spending proposal, dubbed as the 'One Big Beautiful Bill' Act today (late Saturday local time), according to reports.
The US Senate voted 51-49 to pass the first Senate hurdle, and Donald Trump took to social media to celebrate, calling it a 'great victory' and crediting Republican lawmakers Rick Scott, Mike Lee, Ron Johnson, and Cynthia Lummis for 'fantastic work'. In his 'victory' post on Truth Social, Donald Trump said he will work on growing the US economy, 'reduce wasteful spending, secure our border, fight for our military and veterans, ensure that our medicaid system helps those who truly need it, protect our second amendment, and more…'
The 'rare' weekend session began with a debate on the 940-page sweeping bill, with opposition from Democrats and two Republicans.
The legislation seeks to fund Donald Trump's campaign promises on border control, military spending, immigration, and tax-cuts.
After hours of delay US Vice President JD Vance worked to pursuade Republican lawmakers on the fence and delivered the 'tie-breaking vote', according to reports by Reuters and AP, respectively. Democrats have demanded that the Bill be read out in Chamber, and will be followed by 20 hours of debate, followed by amendment sessions before the bill is complete. The full process is expected to end by June 30.
A senior White House official told Reuters that Donald Trump was monitoring the vote from the Oval Office late into the night.
According to an analysis by the nonpartisan Joint Tax Committee, the Senate version of the bill's tax provisions would reduce government revenue by $4.5 trillion over the next decade, increasing the $36.2-trillion US government debt. The White House said this month the legislation would reduce the annual deficit by $1.4 trillion.
As per the AP report, an estimate from the nonpartisan Congressional Budget Office showed that the House-passed version of Trump's tax bill would cost around 10.9 million more people their healthcare, and at least 3 million food aid. Top income-earners would see about a $12,000 tax cut under the House bill, while the package would cost the poorest Americans $1,600, the CBO said. Meanwhile, Elon Musk has renewed his criticism of Donald Trump's tax plan in a scathing post on social media platform X. He called the bill 'utterly insane and destructive.' He wrote: 'The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!'
Democrats will focus their firepower with amendments aimed at reversing Republican spending cuts to programs that provide government-backed healthcare to the elderly, poor and disabled, as well as food aid to low-income families.
(With inputs from AP and Reuters)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
27 minutes ago
- Economic Times
Dear Mr Japan? Trump's tariff letter opener sparks mockery and memes on social media
US President Donald Trump US President Donald Trump is once again the center of a social media storm, this time because he made a mistake about Japan. Trump sparked a meme storm after referring to Japan's prime minister as 'Mr. Japan' during an interview about trade tariffs. Critics and comedians didn't miss a comment quickly became meme fodder online, drawing snark, satire, and eye-rolling from social media users everywhere. As negotiations between the two countries continued, President Donald Trump suggested maintaining 25% tariffs on Japanese automobiles. If a trade agreement is not reached, a series of higher duties will take effect in less than a his tariff pause expires early next month, Trump told Fox News host Maria Bartiromo he would be sending out letters, citing Japan as an example. When describing the letter, Trump seemed to improvise rather than naming Japanese Prime Minister Shigeru Ishiba, whom he met at the White House in February, as per a report by the HuffPost. ALSO READ: Backstory you didn't know: Israel's Mossad was inside Iran's nuke program for years which set stage for strikes 'Dear Mr. Japan: Here's the story,' Trump said during a Fox News interview that aired Sunday. 'You're going to pay a 25% tariff on your cars.'His threat of a 25% tariff drew criticism, since most Japanese cars sold in the U.S. are made fact that the US imports "millions and millions" of Japanese automobiles while Japan imports relatively few from American automakers, he claimed, is "unfair." 'They won't take our cars,' Trump said, adding that Japan could make up the difference by buying other American goods, like oil.'Now, we have oil. They could take a lot of oil. They could take a lot of other things,' in reference to ways Japan could lower the US trade deficit, he Trump has stated in the past that his tariffs are an attempt to encourage businesses, including foreign ones, to boost their output in the stated in January that his message to all businesses worldwide is straightforward: Come manufacture your product in America, and we will offer you some of the lowest taxes in the the threat of new tariffs is unlikely to affect Japanese automobiles sold in the United States because the great majority of them are already produced fictitious letter to Japanese leaders, which began, "Dear Mr. Japan," was what enraged people on X:One user tweeted, 'Dear Mr Japan? Trump doesn't know what or who he is talking about.'Other user stated on X, 'For the millionth time:(1) "We" don't give Japan cars - private companies make and endeavor to sell them. And private Japanese individuals, not "Japan," have been decling to buy them.(2) Japan pays US tariffs with the money given by American citizens when they buy those cars.' Dear Mr Japan? Trump doesn't know what or who he is talking about — Barbara Comstock (@BarbaraComstock) June 29, 2025 If President Biden started a sentence with "Dear Mr. Japan," Republicans would never shut up about it and "25th Amendment" is all they'd be talking about. This is fucking INSANE. — BrooklynDad_Defiant!☮️ (@mmpadellan) June 29, 2025 Fact: Japan manufactures more cars in US than it imports to US. Japan has some $700 billion invested in US, employs close to 1 million Americans. Ignorance is strength. — Robert Manning (@Rmanning4) June 29, 2025 BREAKING: Trump has no clue who the Prime Minister of Japan is so he calls him 'Mr. Japan' in the interview. How can you negotiate with somebody if you don't know their name? — Trump Lie Tracker (Commentary) (@MAGALieTracker) June 29, 2025 For the millionth time:(1) "We" don't give Japan cars - private companies make and endeavor to sell them. And private Japanese individuals, not "Japan," have been decling to buy them. (2) Japan pays US tariffs with the money given by American citizens when they buy those cars. — Michael Hausam (@MPHaus) June 29, 2025 Did Donald Trump actually say "Mr. Japan"?Yes, while discussing car tariffs, he appeared to forget Japan's Prime Minister's name, saying, "Dear Mr. Japan." Will Donald Trump's proposed tariffs affect Japanese cars? Not much, most Japanese cars sold in the United States are already manufactured here, so the tariff threat may have a limited impact.
Time of India
30 minutes ago
- Time of India
Dear Mr Japan? Trump's tariff letter opener sparks mockery and memes on social media
Donald Trump's recent interview sparked controversy after he addressed Japan's prime minister as "Mr. Japan" while discussing trade tariffs. This comment quickly became a meme online, drawing criticism and satire. Trump's threat of a 25% tariff on Japanese cars also faced scrutiny, considering most Japanese cars sold in the U.S. are manufactured there. Tired of too many ads? Remove Ads Why did Donald Trump mention tariffs on Japanese cars? Tired of too many ads? Remove Ads How did people react online? Tired of too many ads? Remove Ads Dear Mr Japan? Trump doesn't know what or who he is talking about undefined Barbara Comstock (@BarbaraComstock) June 29, 2025 If President Biden started a sentence with "Dear Mr. Japan," Republicans would never shut up about it and "25th Amendment" is all theyundefinedd be talking about. This is fucking INSANE. undefined BrooklynDad_Defiant!☮️ (@mmpadellan) June 29, 2025 Fact: Japan manufactures more cars in US than it imports to US. Japan has some $700 billion invested in US, employs close to 1 million Americans. Ignorance is strength. undefined Robert Manning (@Rmanning4) June 29, 2025 BREAKING: Trump has no clue who the Prime Minister of Japan is so he calls him 'Mr. Japan' in the interview. How can you negotiate with somebody if you don't know their name? undefined Trump Lie Tracker (Commentary) (@MAGALieTracker) June 29, 2025 For the millionth time: (1) "We" donundefinedt give Japan cars - private companies make and endeavor to sell them. And private Japanese individuals, not "Japan," have been decling to buy them. (2) Japan pays US tariffs with the money given by American citizens when they buy those cars. undefined Michael Hausam (@MPHaus) June 29, 2025 FAQs US President Donald Trump is once again the center of a social media storm, this time because he made a mistake about Japan. Trump sparked a meme storm after referring to Japan's prime minister as 'Mr. Japan' during an interview about trade tariffs. Critics and comedians didn't miss a comment quickly became meme fodder online, drawing snark, satire, and eye-rolling from social media users negotiations between the two countries continued, President Donald Trump suggested maintaining 25% tariffs on Japanese automobiles. If a trade agreement is not reached, a series of higher duties will take effect in less than a his tariff pause expires early next month, Trump told Fox News host Maria Bartiromo he would be sending out letters, citing Japan as an example. When describing the letter, Trump seemed to improvise rather than naming Japanese Prime Minister Shigeru Ishiba, whom he met at the White House in February, as per a report by the HuffPost.'Dear Mr. Japan: Here's the story,' Trump said during a Fox News interview that aired Sunday. 'You're going to pay a 25% tariff on your cars.'His threat of a 25% tariff drew criticism, since most Japanese cars sold in the U.S. are made fact that the US imports "millions and millions" of Japanese automobiles while Japan imports relatively few from American automakers, he claimed, is "unfair." 'They won't take our cars,' Trump said, adding that Japan could make up the difference by buying other American goods, like oil.'Now, we have oil. They could take a lot of oil. They could take a lot of other things,' in reference to ways Japan could lower the US trade deficit, he Trump has stated in the past that his tariffs are an attempt to encourage businesses, including foreign ones, to boost their output in the stated in January that his message to all businesses worldwide is straightforward: Come manufacture your product in America, and we will offer you some of the lowest taxes in the the threat of new tariffs is unlikely to affect Japanese automobiles sold in the United States because the great majority of them are already produced fictitious letter to Japanese leaders, which began, "Dear Mr. Japan," was what enraged people on X:One user tweeted, 'Dear Mr Japan? Trump doesn't know what or who he is talking about.'Other user stated on X, 'For the millionth time:(1) "We" don't give Japan cars - private companies make and endeavor to sell them. And private Japanese individuals, not "Japan," have been decling to buy them.(2) Japan pays US tariffs with the money given by American citizens when they buy those cars.'Yes, while discussing car tariffs, he appeared to forget Japan's Prime Minister's name, saying, "Dear Mr. Japan."Not much, most Japanese cars sold in the United States are already manufactured here, so the tariff threat may have a limited impact.
Time of India
30 minutes ago
- Time of India
'Not offering Iran anything': Trump snubs nuclear talks with Tehran, slams Obama-era deal, ‘stupid'
US President Donald Trump has flatly denied any nuclear talks with Iran, declaring on Truth Social that he is 'not offering Iran anything.' Moreover, Trump slammed reports suggesting his team proposed a $30 billion aid package to Iran in exchange for halting uranium enrichment, calling it a total 'hoax' pushed by Democrats. Show more Show less
