Senate Passes 'One Big Beautiful Bill'

The Senate passed a $3.3 trillion tax and spending cut bill with a 51-50 vote, with Vice President JD Vance casting the tie-breaking vote. Senators voted 51-50 to pass the bill, with three Republicans — Susan Collins of Maine, Thom Tillis of North Carolina and Rand Paul of Kentucky, defying Trump to oppose the legislation. Vice President JD Vance cast the tie-breaking vote. The package, which now goes to the House, combines $4.5 trillion in tax cuts with $1.2 trillion in spending cuts.  (Source: Bloomberg)