US president Donald Trump has been warned by fiscal hawks within his own party in the US senate that he must “get serious” about cutting government spending and reducing the national debt or else they will block the passage of his signature tax-cutting legislation known as the “big beautiful bill”. Asked by CNN’s State of the Union whether his faction had the numbers to halt the bill, he replied: “I think we have enough to stop the process until the president gets serious about spending reduction and reducing the deficit.” The Wisconsin senator Ron Johnson estimated that the bill would add up to $4 trillion to the federal deficit, a calculation that is broadly in line with the latest analysis from the Congressional Budget Office (CBO).
Published at: 2025-05-25 20:11:49
Still want to read the full version? Full article
