Part 2/8:
Senator Ted Cruz of Texas, who chairs the Commerce Committee, highlights these concerns. He emphasizes the need for a careful examination of the bill's implications on fiscal responsibility. Cruz acknowledges the push for multiple reconciliation bills, which are critical for maneuvering around the Senate filibuster, to address pivotal policy objectives. However, he expresses optimism for the current bill, referring to it as "the one big, beautiful bill," which aims to initiate a complex and often bumpy negotiation process similar to what was experienced during the 2017 tax cuts under Trump.