Overview

• Senate Republicans remain split as negotiators debate proposed spending cuts alongside the bill’s $5 trillion increase to the debt ceiling.
• Senator Rand Paul signaled he would back the package if lawmakers remove the debt-ceiling provision, citing long-term fiscal concerns.
• President Trump used Truth Social to attack Paul’s stance, accusing him of misunderstanding the bill and lacking constructive alternatives.
• Elon Musk denounced the legislation as a “disgusting abomination” that would swell the budget deficit by $2.5 trillion.
• The measure’s mix of major tax cuts and spending reductions won House approval but has deepened intraparty conflict over its impact on national debt.