The 47 Morning Update with Ben Ferguson

Inside the Senate All-Nighter Passing the One Big Beautiful Bill


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🏛️ Behind the Scenes of the Senate All-Nighter

  • The Senate pulled an all-nighter to pass the bill using the budget reconciliation process, which allows legislation to pass with a simple majority (50 votes) and bypass the filibuster.
  • The process involved a "vote-a-rama"—a marathon session of votes on amendments, lasting over 27 hours.
  • Senators coped with the long hours by napping in cloakrooms or hideaways, eating fast food (like McDonald's breakfast), and socializing in informal groups.

📜 Major Provisions in the Bill

  1. Extension of the 2017 Trump Tax Cuts

    • Prevents a $4 trillion tax increase that would have occurred if the cuts expired.
    • Includes new tax relief measures:
      • No tax on tips (targeting service industry workers).
      • No tax on overtime.
      • Tax relief for seniors on Social Security.
  2. Border Security

    • $150 billion investment in border infrastructure, including the wall, detention facilities, and hiring of agents.
  3. Military and Defense

    • $150 billion for military modernization, including hypersonic weapons, submarines, and missile defense systems.
    • $24 billion for the Coast Guard, including new polar icebreakers.
  4. Trump Accounts

    • New private investment accounts for every newborn, seeded with $1,000.
    • Encourages long-term savings and financial literacy.
    • Supported by major CEOs like Michael Dell, who pledged employer contributions.
  5. School Choice

    • Expanded 529 savings plans (up to $20,000/year).
    • Federal tax credit (up to $1,700) for donations to scholarship-granting organizations.
    • Aimed at increasing access to quality education, especially in underperforming school districts.
  6. Spectrum Auction

    • Mandates auctioning of 800 MHz of midband spectrum to private companies.
    • Expected to generate $100 billion and boost 6G development and job creation.

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