US Senate Passes Procedural Vote on the "Big and Beautiful" Bill

According to a report by Jinse Finance citing CCTV International News, on June 28 local time, the U.S. Senate passed a procedural motion by a vote of 51 to 49. This motion aims to advance the large-scale tax and spending bill described by President Trump as "big and beautiful." With the Senate's approval of the procedural vote, the likelihood of the bill passing in the coming days has increased. It is reported that after the procedural motion is approved, the large-scale tax and spending bill will go through reading, debate, amendment votes, and a final vote, a process expected to take several days, with the goal of submitting it to the President for signature before July 4.