Senate Tax Bill Spikes National Debt Amidst Political Drama

The Congressional Budget Office projects that the Senate's version of President Trump's tax and spending bill will add $3.3 trillion to national debt. This represents an $800 billion increase compared to the House version passed previously. The escalation in debt projection has reignited debates within Republican ranks.

Amid internal conflict, the Senate narrowly advanced the megabill with a vote of 51-49, with significant concerns over debt growth. Senator Thom Tillis faces political retribution after voting against the bill, with Trump threatening primary challenges. The bill seeks to extend the 2017 tax cuts while increasing military and border spending.

Democrats, citing adverse effects on healthcare, aim to delay the bill's passage. They have called for the entire text to be read and plan extensive debates. Meanwhile, opposition within Republican circles continues to emerge, emphasizing tensions as the legislative process advances.

(With inputs from agencies.)