live U.S., Iran closer to deal, timing remains unclear
U.S. and Pakistani leaders forecast a Sunday signing of a long-elusive framework agreement to end fighting between the United States and Iran, as Reut...
The U.S. Senate is locked in a marathon voting session over President Donald Trump’s wide-reaching budget proposal, dubbed the 'One Big Beautiful Bill Act,' as it hangs in the balance amid internal Republican divisions and fierce Democratic opposition.
Senators are deep into a "vote-a-rama" — a legislative marathon that could stretch more than 20 hours — debating nearly 1,000 pages of proposed policy that would dramatically extend Trump-era tax breaks while slashing key welfare programs. The bill is being fast-tracked to meet Trump’s preferred 4 July deadline.
Sharp Divisions Within GOP
Despite Republicans holding a Senate majority, the party remains split over deep proposed cuts to Medicaid and other social programs. An amendment from Florida Senator Rick Scott, which would delay Medicaid cuts until 2031, has drawn sharp criticism amid estimates that it could eventually remove health coverage from up to 20 million Americans.
Senate Majority Leader John Thune attempted to downplay the criticism, arguing the timeline means changes won’t take immediate effect. However, skepticism persists, including from Republican Senator Thom Tillis, who announced his retirement after voting against opening debate on the bill. Tillis accused colleagues of betraying campaign promises and putting “raw politics” ahead of the public interest.
Musk vs. Trump
Adding fuel to the political fire, former Trump advisor and business magnate Elon Musk denounced the legislation as “insane,” threatening to form a new political party and warning Republicans not to support what he called the largest debt increase in U.S. history.
Trump responded on his Truth Social platform by calling for a review of government subsidies received by Musk’s companies, suggesting the Tesla CEO would “probably have to close up shop” without federal support.
Debt and Tax Impact
The Congressional Budget Office estimates the bill would add $3.3 trillion to the national debt, which already stands at $36 trillion. The legislation includes $3.8 trillion in extended tax breaks, predominantly benefiting corporations and high-income earners, according to critics.
Fiscal conservatives in the House Freedom Caucus have also raised alarms. In a Monday post, the group slammed the Senate version for adding over $650 billion to the federal deficit, calling it a betrayal of GOP fiscal promises.
Legislative Hurdles Ahead
The bill narrowly advanced in the Senate over the weekend with a 51–49 procedural vote. Two Republicans joined Democrats in opposition. Democrats, who uniformly oppose the spending cuts, used a procedural maneuver to delay progress by demanding the full bill be read aloud — a process that took 16 hours.
During the full Senate vote, expected early Tuesday, Republicans can afford only three defections before Vice-President JD Vance would be called to break a tie.
If the Senate passes the bill, it returns to the House of Representatives, where leadership has tentatively scheduled a vote for Wednesday. However, hardline Republicans have signaled they may attempt to block the final version over spending disagreements.
What’s at Stake
'The One Big Beautiful Bill Act' represents a cornerstone of Trump’s second-term legislative agenda, aimed at solidifying conservative fiscal policy before the 2026 midterm elections. Yet, with intra-party fractures and external backlash mounting, the bill’s fate remains far from certain.
Press Secretary Karoline Leavitt expressed confidence in the bill’s passage, stating Trump fully expects it to be on his desk by 4 July.
As debate stretches into Tuesday morning, all eyes remain on the Senate floor — and whether the president’s "beautiful bill" will survive its toughest political test yet.
Pakistan has warned that any attempt by India to block or significantly reduce river flows under the Indus Waters Treaty could have “far-reaching consequences”, after India's water minister said New Delhi was working to ensure that “not a single drop” of water reaches Pakistan in the coming years.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
Armenia has every right to choose Europe. But Europe’s support for Armenia’s direction should not become automatic approval of its political process.
U.S. President Donald Trump has said a peace agreement with Iran is scheduled to be signed on Sunday in a post on social media, despite Tehran's Foreign Ministry spokesperson Esmaeil Baghaei saying no deal would be approved this weekend.
Japan’s birth rate and fertility levels have fallen to their lowest levels on record, highlighting the country’s worsening demographic crisis as fewer people marry and have children.
The New York Knicks defeated the San Antonio Spurs 94-90 to close out the series 4-1 and claim their first NBA championship since 1973, sparking celebrations across New York City.
In the runup to the G7 summit, hosted by France in Évian-les-Bains on Monday, 15 June, China has addressed global economic balances in a videoconference hosted by French President Emmanuel Macron. It is a rarity for Beijing to engage directly with the group.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
Romania's centrist President Nicușor Dan on Sunday designated Adrian Veștea, a member of the liberal party, as prime minister, after independent candidate Eugen Tomac withdrew.
North Korea said on Sunday, 14 June, that denuclearisation is a matter that is irreversibly terminated, in a condemnation of recent nuclear deterrence talks between the U.S. and South Korea.
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