Home » Senate GOP Slashes Spending In ‘Big, Beautiful’ Bill As Fiscal Hawks Push For More Cuts

Senate GOP Slashes Spending In ‘Big, Beautiful’ Bill As Fiscal Hawks Push For More Cuts

Senate GOP Puts $1,600,000,000,000 In Spending On Chopping Block

Senate Republicans are nearing a vote to slash more than $160 billion in government spending annually within President Donald Trump’s “big, beautiful” bill — and the conference could enact more cuts in the final hours before a vote on final passage.

TrumpandSenateRepublicansaretoutingthelargestcuttomandatoryspendinginAmericanhistorywithintheupperchamber’sbudgetbill.TheSenateproposalnotablyexceedstheinitialHousedraft’sestimatedsavingsby$200billionoveraten-yearperiod,surpassingSenateRepublicans’goalofslashingspendingby$1.5trillionoveraten-yearperiod.(RELATED:‘OutrightMassacre’:SenateGOPTakesSledgehammerToBiden’sGreenEnergySubsidies) SenateMajorityLeaderJohnThunehasalsobackedanefforttosecuremorecutswithinthepresident’ssweepingtaxreliefandimmigrationlegislation. Thedeficit-reducingmeasureissponsoredbyRepublicanFloridaSen.RickScottandwouldlowerthe90%federalmatchratefornewMedicaidenrolleesinstatesthatexpandedcoverageundertheAffordableCareAct.Agroup