Matt Gagnon discussed the declining support for the “big, beautiful Bill” in the US Senate, particularly due to opposition from Elon Musk and conservative senators like Mike Crapo and Rand Paul. Crapo warned of two likely no votes, potentially derailing the legislation. Paul opposes the bill due to its $4 trillion debt ceiling increase, while Ron Johnson advocates for a smaller bill focusing on Trump tax cuts and spending cuts. Gagnon criticized the bill’s economic impact, highlighting the CBO’s flawed revenue projections and the growing federal deficit, which he argued was exacerbated by Trump’s policies.