MOSCOW, Russia: The US Senate has approved President Donald Trump’s “One Big Beautiful Bill” by a majority vote, reported Sputnik/RIA Novosti citing a NBC News report.
The lower house of the US Congress in May passed a bill promoted by Trump that cuts federal spending but simultaneously provides significant tax breaks.
As a result, according to the Congressional Budget Office, both the budget deficit and the national debt will grow.
It is noted that 51 people voted for the bill, 49 voted against it.
The day before, US billionaire entrepreneur Elon Musk criticised the latest version of the bill on cutting government spending, saying that the document could destroy millions of jobs in the United States. – BERNAMA-SPUTNIK/RIA NOVOSTI
