You Vote: Are you satisfied with the 'Big Beautiful Bill' including what it does with the deficit?
The mega-bill, named the One Big Beautiful Bill Act, calls for cutting at least $1.5 trillion in spending over ten years, down considerably from the original $2 trillion target in one year necessary to balance the budget.
As President Donald Trump’s “big, beautiful bill” moves toward a final vote in the House, conservative budget hawks are livid that it largely fails to offer spending cuts to their satisfaction, marking the latest in a long line of punts for the House GOP that has repeatedly vowed to address the national debt.
Republicans have long campaigned on addressing the debt, with the Tea Party movement notching historic election wins under President Barack Obama. In 2010, Republicans won control of the House and reduced the Democratic majority in the Senate. Yet, even when Trump first took office, Congress did not pass a balanced budget.
The mega-bill, named the One Big Beautiful Bill Act, calls for cutting at least $1.5 trillion in spending over ten years, down considerably from the original $2 trillion target in one year necessary to balance the budget. Trump’s Department of Government Efficiency (DOGE) had promised to find $2 trillion in cuts, but has ultimately found a mere $170 billion. In FY2024, the federal government spent $6.75 trillion, compared to the $4.92 trillion it collected in revenue, leading to a $1.83 trillion deficit.