President Donald Trump visited Capitol Hill today to urge passage of his multitrillion dollar tax and spending agenda. The bill is a complex piece of legislation that includes tax cuts, spending increases, spending reductions and some tax hikes. In total, it would increase budget deficits by nearly $3 trillion over a decade. WSJ’s Richard Rubin reports on the testy debate inside the GOP over the bill. Jessica Mendoza hosts. Further Listening: -Trump 2.0: The First 100 Days -Trump’s Tariffs Force a New Era in Global Trade Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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For months, President Donald Trump has been promoting what he calls his big, beautiful bill.
The great, big, beautiful bill. Great, big, beautiful deal. The big, beautiful bill. Big, beautiful deal. The greatest tax cuts in history. The one big, beautiful bill.
How many pages is this bill?
The version that the House Rules Committee has posted is just over a thousand pages.
That's our colleague, Rich Rubin. He writes about tax policy, and he's been covering the bill as it moves through Congress. In a nutshell, what is this bill? Like, why is it so big and so beautiful?
We're going to need a very large nutshell for this. This is an attempt to roll a bunch of Republican priorities into one piece of legislation. Basically, they've got so many different factions of the party that everyone can get something.
And even if there are parts of it that they don't like, that everyone will be on board for the one big, beautiful bill that represents the core of Trump's agenda.
The bill mainly has to do with taxes, but it touches all kinds of other stuff, from border funding to electric vehicles to education. But so far, the bill has faced some opposition, not just from Democrats, but from within the GOP, putting the party's fault lines on full display.
It's a test for Trump. Can he get everybody together? But it's also a moment for those members to kind of decide how far they're willing to push up against where the rest of the party and the president are going.
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