President Trump's tax-and-spending proposal, a key part of his second-term agenda, is encountering serious opposition in the Senate after a Congressional Budget Office report warned it would add $2.4 trillion to federal deficits and eliminate health coverage for nearly 11 million Americans. Republican senators express alarm, with some like Rand Paul comparing Congress's fiscal behavior to reckless teenagers. Meanwhile, Elon Musk has launched a campaign against the proposal, denouncing it and rallying public opposition. The White House attempts to refute the CBO data, yet pressure mounts for significant amendments to the bill.
The legislation's passage is threatened by a new Congressional Budget Office report stating it would add $2.4 trillion to deficits and strip health coverage from millions.
Senator Rand Paul compared Congress's spending habits to a bad behaving teenager, arguing against increasing spending amidst rising national debt.
Elon Musk's campaign against Trump's bill intensified, with him branding the proposal a 'disgusting abomination' and urging followers to contact Congress to oppose it.
Despite White House efforts to dismiss the CBO's projections, Senate Republicans remain cautious, seeking significant changes to counteract the predicted financial impact.
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