
Conservative fiscal hawks in the Senate are warning that President Donald Trumpās āone big, beautiful billā may beĀ dead on arrival in the upper chamber if the GOP conference does not agree to incorporate steeper spending cuts.
Senate Republicans are facing a critical four week stretch to pass the presidentās sweeping tax and spending bill by a July 4 deadline floated by Senate Majority Leader John Thune and Trump administration officials. Deficit-concerned Senate Republicans are calling onĀ Senate GOP leadership to agree to more aggressive spending reductions in the presidentās landmark bill than the roughly 1.6 trillion secured by House Republicans.
āThereās no chance it could pass the Senate right now,ā Republican Utah Sen. Mike Lee said during a Wednesday appearance on āThe Charlie Kirk Show.ā
Thune can spare just three Republican votes to pass the budget bill given Senate Democratic Leader Chuck Schumerās pledge that every Democratic senator will vote āno.ā
Republican Kentucky Sen. Rand Paul, who frequently breaks with his party on fiscal issues and foreign affairs, has warnedĀ he will oppose the House-drafted bill, citing its inclusion of a $4 trillion increase in the debt ceiling. The president sharply criticized the GOP lawmaker in a Truth Social post Saturday, arguing āRand will be playing right into the hands of Democratsā if he votes against the budget bill. Trump also raised the possibility of a āfirst time everā default on the national debt if Paul votes ānoā on the bill.
Paul also told CBS News āFace The Nationā Sunday that three other Senate Republicans would likely join him in blocking the legislation if changes to make the bill more fiscally responsible are not added to the bill.
Though Lee and Republican Sens. Ron Johnson of Wisconsin and Mike Lee of Utah have emphasized that they want to pass the presidentās legislative agenda and prevent a $4.5 trillion tax increase on a majority of Americans, the senators have cautioned that they cannot vote for the bill as currently written without more aggressive spending reform.
Johnson, who has suggested that he may not seek reelection in 2028 and will be unswayed by political pressure from the president, has gone further in expressing his opposition to the bill than his Republican colleagues, citing the urgency to change the countryās fiscal trajectory.
āWeāre mortgaging our childrenās future. Itās wrong. Itās immoral. It has to stop,ā Republican Wisconsin Sen. Ron Johnson told Fox Newsā Maria Bartiromo on Sunday. āWeāre $37 trillion .ā
āThe only figure we ever heard about was 1.5 trillion ,ā Johnson added, referring to the House savings in the presidentās landmark bill. āSounds like a lot, but when you put it in context of the $89 trillion weāre going to spend over the next 20 years ā the $22 trillion in additional deficit weāre going to incur ā thatās $2.2 trillion per-year deficit. Itās completely unsustainable.ā
Johnson is also advocating for a return to pre-pandemic spending and a line-by-line review of the federal budget to identify other areas to cut spending. He has stated that the House-passed bill will āalmost certainly add to our deficits and debt.ā
Speaker Mike Johnson, who is working to persuade the Senate to make minimal changes to the House-drafted legislation, has dismissed projections showing the presidentās landmark bill will increase budget deficits and add to the national debt.
āItās not going to add to the debt,ā Johnson told NBC Newsā Kristen Welker on Sunday. āWe are going to spur on tremendous economic growth here. And so youāre going to have a higher job participation numbers in the economy, youāre going to have higher wages, more jobs provided.ā
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