The U.S. Senate greenlit a polarizing spending bill backed by former President Donald Trump late Tuesday, sparking fierce debates over its economic and social implications. The Republican-led vote, following a grueling session, paves the way for sweeping cuts to social welfare programs and a staggering $3 trillion addition to the national debt.
What’s in the Bill?
Dubbed the "Trump Legacy Package" by critics, the bill targets healthcare subsidies, food assistance programs, and climate initiatives. Meanwhile, defense and infrastructure spending see major boosts—a move supporters argue will "revitalize American competitiveness."
Debt Dilemma 😬
The bill’s eye-watering $3 trillion price tag has economists warning of long-term risks. "This isn’t just spending—it’s fiscal adrenaline," said one analyst, referencing concerns over inflation and borrowing costs.
Partisan Fireworks 🎆
Democrats slammed the bill as "Robin Hood in reverse," while GOP leaders praised its focus on "national priorities." The vote split largely along party lines, highlighting Washington’s deepening divide ahead of the 2024 elections.
As protests erupt nationwide, all eyes turn to the House—where the bill faces an uphill battle. Stay tuned for updates! 📢
Reference(s):
cgtn.com