What A Day GOP Rushes To Pass Trump's Big Beautiful Bill
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Jun 30, 2025 In this discussion, Elana Schor, Senior Washington editor for Semafor, breaks down the urgency surrounding the GOP's efforts to pass President Trump's controversial 'One Big Beautiful Bill.' She highlights the staggering potential $3 trillion addition to the national debt and what that means for party principles on spending. Elana navigates the legislative hurdles they face, seeks insights on TikTok's ties to national security, and unpacks the bill's implications for social safety nets and clean energy initiatives.
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Harsh Cuts and Massive Debt Increase
- The Senate bill proposes the largest cuts to America's social safety net in decades, affecting millions' healthcare and food assistance.
- It also increases Immigration and Customs Enforcement funding and adds trillions to the national debt, contrary to fiscal conservatism claims.
Medicaid Cuts and Clean Energy Hits
- Senate Republicans are debating whether to delay steep Medicaid cuts due to their contentious nature.
- The bill also phases out clean energy credits faster and imposes new taxes on wind and solar, harming the clean energy industry.
Fiscal Hawks Under Political Pressure
- Despite a $3 trillion projected debt increase and healthcare losses, fiscal hawks may not oppose the bill due to political pressure.
- Historically, few Republicans resist voting for such bills once the White House applies pressure.