The Senate's next moves to pass Trump's 'big, beautiful bill'

The House and Senate are a long way from approving President Trump’s "big, beautiful bill" to cut spending, slash taxes and likely raise the debt ceiling.

But the next step in the process begins unfolding this afternoon and over the next 48 hours.

The Senate likely votes between 4 and 6 p.m. ET Thursday to actually "proceed" to a retooled budget framework. The framework is necessary under special budget rules the Senate is using to avoid a filibuster, which would kill the bill.

REPORTER'S NOTEBOOK: APRIL FOOLS' ON CAPITOL HILL

If the Senate fails to proceed, Republicans have major problems. But if the Senate can forge ahead, then it can actually launch up to 50 hours of debate on the updated budget package and go to what’s called ...