“Today's vote will haunt our Republican colleagues for years to come.”

Tax Policy Impact - Senate Republicans passed a tax break for billionaires [1] - The tax break is funded by cuts to healthcare for millions and reduced food assistance for children [1] - The bill is expected to cause tens of millions to lose health insurance [2] - Millions of jobs are projected to disappear as a result of the bill [2] - The national debt is predicted to explode to unprecedented levels [2] - Corporate special interests will receive a permanent tax break [3] Political Implications - The vote is characterized as a "big ugly betrayal" that will haunt Republican colleagues [2] - One Republican senator chose to retire rather than vote in favor of the bill [3] - Many senators reportedly felt the bill was bad for their states but lacked the courage to vote against it [3]