Overview

• The Senate narrowly approved a 51-49 motion on June 28 to begin debating the ‘One Big Beautiful Bill’ after hours of GOP negotiations.
• Two Republican senators, Thom Tillis and Rand Paul, joined Democrats in opposing the bill’s procedural advance over concerns about Medicaid cuts and debt-limit increases.
• Senate Democratic leader Chuck Schumer secured a full reading of the 940-page text, delaying progress with an estimated 15-hour recitation on the chamber floor.
• The package pairs roughly $3.8 trillion in tax cuts with steep reductions to Medicaid, food stamps, green energy programs and adds funding for deportation efforts.
• Senators now face marathon debate, a vote-a-rama on amendments and final passage votes in both chambers before the President’s self-imposed July 4 deadline.