Matt Gagnon discussed the progress of the "big, beautiful bill" through the Senate, aiming for a July 4 deadline. The Senate bill would add $3.3 trillion to the national debt from 2025 to 2034, compared to $2.4 trillion for the House bill, and could result in 11.8 million more uninsured Americans by 2034. Republicans are divided over cost-saving proposals, particularly on Medicaid and food aid. Gagnon criticized the Congressional Budget Office's (CBO) scoring methods, arguing that extending tax cuts does not necessarily increase the deficit. He also noted the political implications of Thom Tillis' decision not to run for reelection in 2026.
