Name: A Visual Breakdown of the Senate Loophole Used to Pass the Megabill
Uploaded: 2025-07-01T22:30:00Z
Duration: 1 min 53 s
Description: The Senate passed the One Big Beautiful Bill with a simple majority, only because they made the math work for a “budget reconciliation.” WSJ explains.

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The Senate passed the One Big Beautiful Bill with a simple majority, only because they made the math work for a “budget reconciliation.” WSJ explains. Photo Illustration: J. Scott Applewhite/Associated Press

https://m.wsj.net/video/20250701/69894578-8dd3-43eb-9906-ab46be5239f9/2/hls/manifest-hd-wifi.m3u8

The Senate passed the One Big Beautiful Bill with a simple majority, only because they made the math work for a “budget reconciliation.” WSJ explains.

A Visual Breakdown of the Senate Loophole Used to Pass the Megabill

Narrator: The Senate passed President Trump's Big Beautiful Bill 51 to 50 Tuesday, with Vice President Vance having to cast the tie-breaking vote using a rule that lets them bypass the normal 60 vote threshold. It's called Budget Reconciliation, which if the bill meets certain conditions, allows them to pass on a simple majority. Importantly, the bill can't add to the deficit outside of a 10 year window. If a bill lowers taxes, it has to lower spending the same amount. Trump's tax cuts in 2017 that this Big Beautiful Bill extends were also passed this way. That bill cut taxes but didn't cut spending the same amount. So they had the tax cuts expire at the end of 2025, keeping it within this 10 year window, which is why we are here now. The Big Beautiful Bill yet again cuts taxes more than it cut spending and permanently, so it shouldn't meet the rules for a budget reconciliation. But this math is based on 2026 after the 2017 cuts expire. Senate Republicans, led by budget chair Lindsey Graham.

I'm setting the numbers.

Narrator: Base their math on 2025 when the 2017 tax cuts are still in place. So it's like they're not cutting taxes.

If you do what I have decided to do, make the tax cuts permanent and you implement these reforms to Medicaid in other areas, you will over the next 10 years, reduce the deficit by $507 billion.

Narrator: So therefore, it passed the budget Reconciliation rule.

Republicans are doing something the Senate has never, never done before, deploying fake math and accounting gimmicks to hide the true cost of their bill.

Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.

A Visual Breakdown of the Senate Loophole Used to Pass the Megabill

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