On the recordJuly 21, 2025
on July 1, 2025, the Senate passed H.R. 1, which is nothing more than one big, beautiful, betrayal for Americans across the country. This bill slashes healthcare for 17 million Americans by gutting Medicaid and dismantling the Affordable Care Act. It shuts down rural hospitals, it takes food away from more than 4 million hungry children, it makes college more expensive for families, and it ends clean energy investments to fight climate chaos. All to make tax cuts permanent and help billionaires get richer. And if that isn't bad enough, it destroys the architecture of fiscal discipline put in place 51 years ago and explodes the debt by $3.3 trillion over 10 years and by more than $30 trillion over 30 years-- again, all in pursuit of making billionaires richer. And if those eye-popping debt numbers aren't alarming enough, CBO projects that if interest rates go up by as little as 1 percent, the costs could double. This is the most fiscally irresponsible bill ever to come to the Senate floor and wasn't supposed to be possible after Congress passed the 1974 Budget Control and Impoundment Act.
Source
govinfo.gov




