Trump's 'Big, Beautiful Bill' faces resistance from Republican senators over debt fears

The One Big Beautiful Bill Act, passed by the House and now in the hands of the Senate, could add $2 trillion to the deficit, sparking debate among Republicans and criticism from Elon Musk.

Sen. Rand Paul, R-Ky., on Monday said he is still opposed to President Donald Trump's "Big, Beautiful Bill," despite discussions with him.  (Tasos Katopodis/Getty Images; Andrew Harnik/Getty Images)

This week, Paul relayed his concerns to media members that the bill will raise the debt ceiling by $5 trillion. 

"We have never raised the debt ceiling without actually meeting that target," he said. "So you can say it doesn't directly add to the debt, but if you increase the ceiling $5 trillion, you'll meet that. And what it does is it puts it off the back-burner. And then we won't discuss it for a year or two."

As of Tuesday, the national debt, which measures what the U.S. owes its creditors, was $36.2 trillion, according to the Treasury Department. Trump pushed back on Paul's remarks about his bill. 

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The White House launched a Big Beautiful Bill calculator for taxpayers.  (White House )

"I’m sorry, but I just can’t stand it anymore," Musk posted on X Tuesday. "This massive, outrageous, pork-filled congressional spending bill is a disgusting abomination. Shame on those who voted for it: you know you did wrong. You know it."

The Trump administration and some congressional Republicans have pushed back on the estimates of the bill, also known as the One Big Beautiful Bill Act, and its impact on the deficit, arguing that economic growth from the tax cuts will stimulate economic activity and lead to more tax revenue than what is projected.

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"Hope it does a lot to get some further cuts," Rep. Scott Perry, R-Pa., told Fox News about the bill. "We don't want to bankrupt the country. And what Elon also should recognize is we don't need more solar and EV credits. That actually makes it worse. He probably knows that, though."

A man walks past the National Debt Clock on 43rd Street in New York City. The billboard constantly updates to display the current U.S. gross national debt and each American family's share of the debt. (Getty Images)

To push back on the criticism, the White House launched a website where Americans can tabulate how much the bill will personally save them.

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The House passed the One Big Beautiful Bill Act on May 22 with a narrow 215-214-1 vote that went largely along party lines.

If that version of the bill is revised by the Senate, the legislation will have to go back to the House for another vote before it can go to Trump's desk and become law. 

Louis Casiano is a reporter for Fox News Digital. Story tips can be sent to louis.casiano@fox.com.

https://www.foxnews.com/politics/trumps-big-beautiful-bill-faces-resistance-republican-senators-debt-fears