US Senate Republicans pass comprehensive tax and spending reform plan with significant budgetary reductions

The United States Senate has approved a budgetary blueprint that extends trillions of dollars in tax breaks from President Donald Trump's 2017 tax cuts and cuts government spending. The vote was largely along party lines, with two Republican senators, Susan Collins and Rand Paul, dissenting. The budgetary framework paves the way for extending Trump-era tax cuts and overhauling the federal budget, despite the US economy experiencing uncertainty due to Trump's tariff scheme, which has sent stock prices plummeting.