Overview

• Senate Minority Leader Chuck Schumer rechristened the Republican-led ‘One Big Beautiful Bill’ the ‘We Are All Going to Die Act’ after Sen. Joni Ernst’s town hall remark on the human cost of Medicaid and SNAP cuts.
• The Congressional Budget Office projects the legislation’s Medicaid cuts and stricter work requirements could cause as many as 16 million people to lose health insurance.
• Schumer accused Republicans of prioritizing billionaire tax breaks while gutting health care and nutrition assistance for millions of vulnerable Americans.
• A handful of Republican senators have expressed hesitation, warning that the bill’s high cost would worsen the national debt and strain the budget ceiling.
• Senate Majority Leader John Leader affirmed that members still aim to pass the package by July 4 even as the White House touts its capacity to spur massive economic growth.