"Big, Beautiful" Budget in BIG TROUBLE — Trump’s Tax Plan on Life Support
The Josh Lafazan Show on YouTube - Episode 136
Welcome to The Josh Lafazan Show. Today’s episode dives into what may become one of the most consequential legislative battles of Donald Trump’s presidency: the fate of his massive tax and immigration bill—dubbed the “big, beautiful budget.” While the bill narrowly passed the House, it’s now hanging by a thread in the U.S. Senate, as Republicans race to get it to Trump’s desk by their self-imposed July 4 deadline.
Let’s be clear: this bill is not a win for working Americans. It’s a sweeping effort to reward the wealthy, gut vital social programs, and ramp up immigration enforcement in ways that many experts say violate both common sense and basic decency.
So what’s actually in the bill? A lot—and none of it good for the middle class:
It’s trickle-down economics on steroids—Trumpism written into federal law.
The Winners:
✅ Billionaires and high-income earners
✅ Corporations reaping business tax breaks
✅ Republican mega-donors
The Losers:
❌ Working-class Americans, who lose child tax credits and energy rebates
❌ Poor and sick Americans facing reduced Medicaid eligibility
❌ Immigrant families now targeted for deportation
❌ Taxpayers, who inherit a ballooning deficit with no end in sight
Despite Trump touting this as an economic savior, it’s facing stiff resistance in the Senate. Why? Because even among Republicans, there is no consensus.
🟠 Rand Paul says the bill doesn’t cut enough and increases the deficit.
🔴 Josh Hawley says it cuts too much, particularly from Medicaid.
🟢 Susan Collins and Mitt Romney are concerned about climate rollbacks and healthcare reductions.
Meanwhile, Senate Democrats are doing everything in their power to stop the bill. They’re proposing amendments to restore clean energy funding and Medicaid protections. Progressive groups are launching ad campaigns in swing states. Activists are staging town halls and organizing grassroots pressure campaigns to flip just a handful of Senate votes.
And the polling? Not good for Trump. A new national survey shows a plurality of Americans now oppose the legislation. Trump’s own approval rating—especially on the economy and healthcare—is sinking fast, especially among independents and suburban voters. That’s alarming news for vulnerable Republicans in states like Pennsylvania, Arizona, and Nevada, where the political cost of backing this bill could be steep.
In fact, this may be one of the biggest risks of Trump’s second term so far.
Just look at the internal split in the GOP:
To pass, the bill must:
And let’s not forget the political stakes.
If Trump forces Republicans to vote for a bill that slashes Medicaid and jacks up the deficit—while giving billionaires a tax holiday—it could cost the GOP control of the House in 2026. Already, Democrats are targeting vulnerable House Republicans with ads branding it “The Healthcare Cuts Bill.”
So will this bill pass? That depends.
✅ If enough GOP Senators can stomach the backlash, it may squeak by.
❌ But if even a few break ranks—or if Trump’s poll numbers keep falling—the bill dies, and with it, a cornerstone of his second-term agenda.
Make no mistake: this bill is about more than just policy. It’s about who our government works for.
Will Congress vote to protect the most vulnerable among us—or to further enrich those who already have everything?
Will Republicans govern for the people—or for the donor class?
And will Democrats be able to hold the line—or even flip Republican votes in the Senate?
We’re watching a defining battle over the soul of American policy—and the next few weeks could determine whether Donald Trump succeeds in reshaping our economy and immigration system in his image.
Stay tuned, stay engaged, and let’s hold our elected officials accountable.
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