From Washington: The GOP's Deficit Dilemma Continues

The Fox News Rundown

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Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 1 June 2025

⏱️ 29 minutes

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Summary

Despite facing obstacles, House Republicans were able to meet their Memorial Day deadline to pass President Trump's "one big, beautiful bill." Now it's off to the Senate, where Republicans concerned about its impact on the deficit could make modifications that would send it back to the House. Additionally, the White House is preparing to send a rescissions package to Congress — an initiative designed to codify certain spending cuts identified by DOGE. FOX News Digital Politics Reporter Elizabeth Elkind breaks down what all of this means and what's to come. Then, Senator Ron Johnson (R-WI) discusses his criticisms of the 'one big, beautiful bill' and his plans to investigate the last administration’s attempt to cover up the declining mental fitness of former President Biden. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Sunday, June 1st, 2025. I'm Ryan Schmels. Republicans are making moves to make the cuts from the Department of Government Efficiency permanent, as Elon Musk criticizes the one big, beautiful bill.
0:16.4	The recisions package does have a 45-day clock. So now, once that's sent over on Tuesday,
0:21.6	as we're expecting right now, Congress have 45 days to deal with that. If they don't enact
0:26.6	those cuts, then that money just resumes. So it'd be a big loss for Doge, definitely, as
0:35.6	Elon Musk is departing it right now.
0:38.0	And we speak to a Republican senator who's been one of the most vocal critics of the one big,
0:43.3	beautiful bill passed by the House.
0:45.6	The House set the bar way too low.
0:48.2	They weren't talking about numbers in context.
0:50.3	They just talked about the $1.5 trillion, which is completely inadequate.
0:54.0	This is the Fox News rundown from Washington.
0:57.0	When Congress returns from Memorial Day recess, a number of Senate Republicans are expecting to make significant changes to the one big, beautiful bill, containing President Trump's priorities on taxes, spending, border, and energy.
1:21.0	Like several Senate Republicans, Elon Musk is now criticizing the bill over estimates claiming it will add trillions to the deficit over the next decade.
1:29.8	President Trump was asked about that criticism.
1:32.2	We will be negotiating that bill, and I'm not happy about certain aspects of it, but I'm thrilled by other aspects of it.
1:39.3	That's the way they go. It's the big, it's the big, beautiful bill, but the beautiful is because of all the things we have.
1:45.6	Musk, who stepped down from the Department of Government Efficiency this week,
1:49.6	alleges Congress is undermining his efforts to cut spending.
1:53.0	But now the White House is planning to send a recisions package to Congress next week.
1:57.7	It's a tool that allows the White House to request spending cuts from Congress.
2:01.5	Office of Management and Budget Director Russ Vote points out it can pass with a simple majority.
2:06.7	Simple majority in both the House and the Senate, and the virtue of this is that it's a process that also evades the Senate filibuster.
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