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Republicans Clash Over $1.3 Trillion Spending Cut Plan

6/12/2025

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Summary

Story summary

Republicans are in heated negotiations over the "One Big Beautiful Bill," a spending proposal that slashes more than $1.3 trillion from Medicaid and social programs. Critics warn this plan favors the wealthy and could balloon the national debt by $2.4 trillion, raising fears that Medicare and Social Security might be next on the chopping block.

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Story summary

Republicans are in heated negotiations over the "One Big Beautiful Bill," a spending proposal that slashes more than $1.3 trillion from Medicaid and social programs. Critics warn this plan favors the wealthy and could balloon the national debt by $2.4 trillion, raising fears that Medicare and Social Security might be next on the chopping block.