Senate Republicans are pushing to cut spending by $9 billion after passing a massive tax bill that is projected to hike the deficit by $4 trillion.

The federal budget deficit is back in the spotlight after the Republican-controlled Congress approved a massive tax and spending package on July 3 aimed at realizing President Donald Trump’s domestic agenda.

Congress passed President Donald Trump’s “big, beautiful bill” last week. The bill extends tax cuts and introduces new measures like a senior “bonus” and increased state and local tax deductions. Financial advisor Kathryn McCall says the impact will depend on household income levels.

A bipartisan Russia sanctions bill is gaining momentum in the Senate and could soon come to a vote as Republican lawmakers attempt to strike a careful balance with President Donald Trump.

Republican senators aren't doing enough to sell President Donald Trump's marquee spending package, GOP leaders warned Tuesday, according to a report. Trump’s megabill, officially known as the “One Big Beautiful Bill,