Senate Republicans restored major Medicaid cuts to Donald Trump’s signature economic legislation, re-fashioning a key provision to overcome a procedural obstacle.Spending cuts to the health insurance program for the poor and disabled partially offset revenue losses from tax cuts in the measure and are a crucial demand of GOP fiscal conservatives.

The Senate is on the verge of advancing Trump’s priorities, dubbed the One Big Beautiful Bill. Here’s how it could change the federal government and the U.S. economy.

It was, of course, “One, Big, Beautiful Event” to galvanize support for Trump’s “One Big Beautiful Bill.” Inevitably, “big, beautiful” words of praise flowed from attendees, as did “big, beautiful” social media posts from GOP luminaries and a steady stream of “big,