The Senate is currently debating its version of the budget bill, a key piece of legislation tied to Trump's fiscal policies. A significant point of contention, particularly for fiscally conservative Republicans, is the proposed $5 trillion increase to the debt ceiling. This increase is a central component of the megabill and is necessary to fund existing government obligations and prevent a potential default. The debate revolves around the long-term implications of such a substantial increase in national debt, with some Republicans arguing for spending cuts to offset the rise. The bill's fate hinges on reaching a compromise that can appease both moderate and conservative factions within the party.