To The Moon

I tried to Google what's this big beautiful bill about because I live in Singapore and this doesn't concern me TBH. Here's what Google says.

US Senate passes Trumps 'big beautiful bill' after turbulent all-night debate. The controversial package of tax breaks and spending cuts now heads to the House, as Republicans rush to meet Trump's July 4 deadline.

Senate Republicans hauled US President Donald Trump's big tax breaks and spending cuts bill to passage on Tuesday on the narrowest of votes, pushing past opposition from Democrats and their own party ranks after a turbulent overnight session. US Vice-President J.D. Vance broke a 50-50 tie to push it over the top. The three Republicans opposing the bill were Senators Thom Tillis of North Carolina, Susan Collins of Maine and Rand Paul of Kentucky. The outcome capped an unusually tense weekend of work at the Capitol, the president's signature legislative priority teetering on the edge of approval, or collapse. The difficulty it took for Republicans, who have the majority hold in Congress, to wrestle the bill to this point is not expected to let up.

The package now goes back to the House, where Speaker Mike Johnson had warned senators not to deviate too far from what his chamber had already approved. But the Senate did make changes, particularly to Medicaid, risking more problems as they race to finish by Trump’s July 4 deadline. The outcome is a pivotal moment for president and his party, which have been consumed by the 940-page "One Big Beautiful Bill Act", as it is formally titled, and invested their political capital in delivering on the Republican Party's sweep of power in Washington.

Trump acknowledged it's "very complicated stuff", as he departed the White House for Florida.

"I don't want to go too crazy with cuts," he said. "I don't like cuts." What started as a routine but laborious day of amendment voting, in a process called vote-a-rama, spiralled into a round-the-clock slog as Republican leaders were buying time to shore up support. The droning roll-calls in the chamber belied the frenzied action to steady the bill. Grim-faced scenes played out on and off the Senate floor, amid exhaustion.

Senate Majority Leader John Thune of South Dakota was desperately reaching for last-minute agreements between those in his party worried the bill's reductions to Medicaid will leave millions without care, and his most conservative flank, which wants even steeper cuts to hold down deficits ballooning with the tax cuts. The Republican leaders have no room to spare, with narrow majorities. Thune can lose no more than three Republican senators, and already two – Tillis, who warned that millions of people will lose access to Medicaid healthcare, and Paul, who opposes raising the debt limit by US$5 trillion – had indicated opposition. Attention quickly turned to two key senators, Lisa Murkowski of Alaska and Susan Collins, who also raised concerns about healthcare cuts, as well as a loose coalition of four conservative Republican senators pushing for even steeper reductions. Murkowski in particular became the subject of the party leadership's attention, as they sat beside her for talks. She was huddled intensely for more than an hour in the back of the chamber with others, scribbling notes on papers. Then all eyes were on Paul after he returned from a visit to Thune's office with a stunning offer that could win his vote. He had suggested substantially lowering the bill's increase in the debt ceiling, according to two people familiar with the private meeting and granted anonymity to discuss it.

Senate Democratic Leader Chuck Schumer of New York said: "Republicans are in shambles because they know the bill is so unpopular."

An analysis from the non-partisan Congressional Budget Office found 11.8 million more Americans would become uninsured by 2034 if the bill became law. The CBO said the package would increase the deficit by nearly US$3.3 trillion over the decade. And on social media, billionaire Elon Musk was again lashing out at Republicans as "the PORKY PIG PARTY!!" for including the US$5 trillion debt ceiling in the package, which is needed to allow continued borrowing to pay the bills. Few Republicans appeared fully satisfied as the final package emerges, in either the House or Senate.

Collins had proposed bolstering the US$25 billion proposed rural hospital fund to US$50 billion, offset with a higher tax rate on those earning more than US$25 million a year, but her amendment failed. And Murkowski was trying to secure provisions to spare people in her state from some food stamp cuts, which appeared to be accepted, while she was also working to boost federal reimbursements to hospitals in Alaska and states that did not comply with parliamentary rules. "Radio silence", Murkowski said when asked how she would vote.

The conservative senators demanding a vote on their steeper healthcare cuts, including Rick Scott of Florida, Mike Lee of Utah, Ron Johnson of Wisconsin and Cynthia Lummis of Wyoming, filed into Thune's office near-midnight. 

All told, the Senate bill includes US$4.5 trillion in tax cuts, according to the latest CBO analysis, making permanent Trump's 2017 rates, which would expire at the end of the year if Congress fails to act, while adding the new ones he campaigned on, including no taxes on tips. The Senate package would roll back billions of dollars in green energy tax credits, which Democrats warn will wipe out wind and solar investments nationwide.

It would impose US$1.2 trillion in cuts, largely to Medicaid and food stamps, by imposing work requirements on able-bodied people, including some parents and older Americans, making sign-up eligibility more stringent and changing federal reimbursements to states. Additionally, the bill would provide a US$350 billion infusion for border and national security, including for deportations, some of it paid for with new fees charged to immigrants. Unable to stop the march toward passage, the Democrats tried to drag out the process, including with a weekend reading of the full bill.

A few of the Democratic amendments won support from a few Republicans, though almost none were passed. More were considered in one of the longer such sessions in modern times. One amendment overwhelmingly approved stripped a provision barring states from regulating artificial intelligence if they receive certain federal funding. Senator Patty Murray of Washington, the senior Democrat on the Appropriations Committee, raised particular concern about the accounting method being used by the Republicans, which says the tax breaks from Trump's first term are now "current policy" and the cost of extending them should not be counted towards deficits. She said that kind of "magic math" would not fly with Americans trying to balance their own household books.

💲💸MUSK IS AGAINST THE PRETTY BILL💸💲

Elon Musk saysTrump's "Big Beautiful Bill"could spell disaster for America. Here are its biggest pain points, according to critics.

❌️The Trump-backed bill has split the Republican Party as senators have continued to argue over key provisions in the proposed legislation that stands to overhaul government taxes and spending. On Monday the Senate began "vote-o-rama" on changes to the bill after barely advancing it past a procedural hurdle over the weekend. President Donald Trump's sweeping tax-and-spending proposal, branded the "Big Beautiful Bill", entered a crucial session in the Senate Monday, promising massive changes to taxes, federal spending, and the future regulatory landscape. But even as Trump champions the legislation as a legacy-defining win, deep fractures within the Republican Party and growing opposition from business leaders like Elon Musk stand to threaten its path forward. 

❌️ The bill would permanently extend Trump's 2017 tax cuts and introduce new tax breaks—including zero taxes on tips and overtime pay—while also injecting billions into border security and military spending. But the same legislation proposes steep cuts to social programs like Medicaid and food stamps. The net effect would balloon the national debt by an estimated $3.3 trillion over the next decade, according to estimates from the Congressional Budget Office. Those stark trade-offs are sparking fierce debate and some dissent from within the GOP's ranks.

❌️ "The  fundamental problem that Republicans face is that they support a level of tax revenue that is not nearly enough to pay for the government spending that most Republicans also support," Doug Elmendorf, professor of public policy at Harvard's Kennedy School of Government, told Fortune. "So you have camps of people, some of whom really do want to cut spending way back to align with the level of revenues they support, but also other Republicans who understand that the American people don't want to give up the principal benefits and services they receive. That camp does not want to cut spending back, they want to hope that the deficit problem goes away". Senators Thom Tillis (R-N.C.) and Rand Paul (R-Ky.) are among prominent Republicans voicing sharp criticism of the bill. Tillis, who recently announced he will not seek reelection, argued the deep cuts to Medicaid break Trump's own promises to protect health coverage and would devastate constituents. If the bill passes, an estimated 11.8 million more Americans would become uninsured by 2034, according to the CBO. Tillis denounced the bill during the Senate's contentious Sunday vote, saying, "It is inescapable this bill will betray the promise Donald Trump made".Moderate GOP lawmakers, such as Sen. Susan Collins (R-Maine) and Rep. David Valadao (R-Calif.), are also warning about Medicaid cuts. And according to Politico, rifts over Medicaid provisions in the bill had several Republican lawmakers still conflicted over the bill during Monday's amendment voting session. 

❌️ As for tax provisions, the bill's attempt to raise the State and Local Tax (SALT) deduction cap from $10,000 to $40,000, then back to $10,000, has also fueled frustration among lawmakers from high-tax states and stands to be a potential point of contention. Beyond Capitol Hill, Trump's bill is drawing rebukes from influential corners of the business and cultural worlds.

❌️ Elon Musk has been particularly vocal, calling the bill "political suicide" for the Republican Party. Several polls appear to bolster this claim, demonstrating the bill's unpopularity with Americans. A survey by the Washington Post found that 42% of Americans opposed the bill and only 23% supported it. Musk also claimed the legislation was "utterly insane and destructive". The Tesla and SpaceX CEO warned the bill's regulatory changes and spending cuts could kill jobs in future-focused industries and stifle innovation. "The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country! Utterly insane and destructive," the world's richest man wrote on X. " It gives handouts to industries of the past while severely damaging industries of the future".

❌️ Musk's criticism focused on provisions in the bill that would eliminate Biden-era tax credits for renewable energy, such as solar, wind, and battery manufacturing. The clean-energy tax credit amendments are also a point of concern for Sen. Lisa Murkowski (R-Alaska). The Tesla CEO's opposition to the bill's energy provisions touch on certain key weaknesses in the bill, according to Elmendorf. Aside from being potentially harmful for companies invested in the clean-energy business, he said the provisions would also raise electricity prices for many Americans. "It's an odd thing for an administration that won an election significantly because people think prices are too high to then go ahead and make a policy that will raise prices of the fundamental necessity of electricity," Elmendorf said.

❌️ Meanwhile, leaders in the artificial intelligence sector, including Anthropic CEO Dario Amodei, have condemned provisions in the bill that would preempt state-level AI regulations for a decade. "Without a clear plan for a federal response, a moratorium would give us the worst of both worlds—no ability for states to act, and no national policy as a backstop," he wrote in an op-ed for the New York Times.  

❌️ The AI moratorium has also sparked discontent from Republicans who argue the provision encroaches on the GOP's historical support for states' rights. Despite the internal and external discord, Senate Majority Leader John Thune is pushing to finalize the bill before the July 4 holiday. Should it pass the Senate, the legislation would return to the House—where it narrowly passed last month—for final reconciliation. "The president is very well aware that this bill needs to not only pass out of the Senate, but it needs to go back to the House, and we need the full weight of the Republican conference to get behind this bill—and we expect them to, and we are confident that they will," White House press secretary Karoline Leavitt said at a White House briefing on Monday. For Trump, the stakes are high. With his eye on cementing his policy legacy and energizing his base ahead of midterm elections, he's likely betting big on the "Big Beautiful Bill" as proof that he can deliver sweeping reforms. 

💸💸💸So what do you guys think of the Big，Beautiful Bill? In favour or against it? Team Trump or Team Musk? 💸💸💸

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WAR OF THE WORLDS

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