Trump's 'Big, Beautiful Bill' faces resistance from Republican senators over debt fears

President Donald Trump's Big Beautiful Bill is facing criticism even from within his own party as several lawmakers remain skeptical about the massive spending package and its prospective impact on the nation's debt despite it being under consideration by a Republican-controlled Congress The spending bill which the House passed late last month and is now in the Senate s hands aims to address a number of issues including tax plan limit shield and immigration defense capacity production the debt limit and adjustments to SNAP and Medicaid However without a serious overhaul lawmakers like Sen Rand Paul R-Ky is still a no on the decree because it will increase the nation's debt limit He is among a group of at least four Republican senators who have expressed concerns over Trump's bill because of the package's projected increase in the national debt RAND PAUL SAYS HE WOULD ENCOURAGEMENT 'BIG BEAUTIFUL BILL' IF DEBT CEILING HIKE REMOVEDThis week Paul relayed his concerns to media members that the bill will raise the debt ceiling by trillion We have never raised the debt ceiling without veritably meeting that target he announced So you can say it doesn't directly add to the debt but if you increase the ceiling trillion you'll meet that And what it does is it puts it off the back-burner And then we won't discuss it for a year or two As of Tuesday the national debt which measures what the U S owes its creditors was trillion according to the Treasury Department Trump pushed back on Paul's remarks about his bill TRUMP WARNS RAND PAUL HE'S PLAYING INTO 'HANDS OF THE DEMOCRATS' WITH 'BIG BEAUTIFUL BILL' OPPOSITION Rand Paul has very little understanding of the BBB especially the tremendous ADVANCE that is coming He loves voting NO on everything he thinks it s good politics but it s not The BBB is a big WINNER Trump wrote on TRUTH Social Meanwhile the national deficit which occurs when the federal establishment s spending exceeds its revenues was trillion as of Tuesday according to Treasury Department facts On Tuesday White House press secretary Karoline Leavitt commented the blatantly wrong claim that the One Big Beautiful Bill increases the deficit is based on the Congressional Budget Office and other scorekeepers who use shoddy assumptions and have historically been terrible at forecasting across Democrat and Republican administrations alike SEN RON JOHNSON PROPOSES 'LINE-BY-LINE' CUTS TO PASS TRUMP'S 'BIG BEAUTIFUL BILL'The outlook for the federal debt level is bleak as FOX Business previously published with economists increasingly sounding the alarm over the torrid pace of spending by Congress and the White House Under the terms of the bill the bill would add over trillion to budget deficits over a decade according to a latest analysis by the nonpartisan Congressional Budget Office CBO All together the tax cuts and reforms in the package add nearly trillion to the deficit over a decade though spending reductions in other parts of the bill offset specific of that to arrive at the trillion figure Elon Musk who ended his tenure last week as Trump s lead in the Department of Ruling body Efficiency DOGE doubled down on his position Tuesday that the House s reconciliation package was an abomination WHITE HOUSE STANDS BY TAX BILL AFTER MUSK CALLS IT A DISGUSTING ABOMINATION I m sorry but I just can t stand it anymore Musk posted on X Tuesday This massive outrageous pork-filled congressional spending bill is a disgusting abomination Shame on those who voted for it you know you did wrong You know it The Trump administration and particular congressional Republicans have pushed back on the estimates of the bill also known as the One Big Beautiful Bill Act and its impact on the deficit arguing that economic improvement from the tax cuts will stimulate economic activity and lead to more tax revenue than what is projected SPEAKER JOHNSON CLASHES WITH RAND PAUL OVER 'WIMPY' SPENDING CUTS IN TRUMP'S BILL Hope it does a lot to get several further cuts Rep Scott Perry R-Pa recounted Fox News about the bill We don't want to bankrupt the country And what Elon also should recognize is we don't need more solar and EV credits That truly makes it worse He presumably knows that though To push back on the criticism the White House launched a website where Americans can tabulate how much the bill will personally save them CLICK HERE TO GET THE FOX NEWS APPThe House passed the One Big Beautiful Bill Act on May with a narrow - - vote that went largely along party lines If that version of the bill is revised by the Senate the decree will have to go back to the House for another vote before it can go to Trump's desk and become law