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According to a report by the Congressional Budget Office on June 29, the Senate version of the "Beautiful Big Bill" could increase U.S. debt by $3.3 trillion over the next decade.
The bill passed the House of Representatives on May 22 with a narrow margin, thanks to strong support from Trump. On June 28, the bill also passed a procedural vote in the Senate by a narrow margin. However, to ensure its passage in the Senate, lawmakers made amendments to the bill's provisions. These amended contents need to be resubmitted to the House for a vote.
The entire legislative process has been tortuous, reflecting the challenges the bill faces in Congress. (Source: CCTV News)
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The Senate version of the "Beautiful Big Bill" may increase the U.S. debt by $3.3 trillion.
Gate News bot message, According to a report by the Congressional Budget Office on June 29, the Senate version of the "Beautiful Big Bill" could increase U.S. debt by $3.3 trillion over the next decade.
The bill passed the House of Representatives on May 22 with a narrow margin, thanks to strong support from Trump. On June 28, the bill also passed a procedural vote in the Senate by a narrow margin. However, to ensure its passage in the Senate, lawmakers made amendments to the bill's provisions. These amended contents need to be resubmitted to the House for a vote.
The entire legislative process has been tortuous, reflecting the challenges the bill faces in Congress. (Source: CCTV News)