Trump's 'Big, Beautiful Bill' Rejected After Being Slammed By House Republicans: 'We Shouldn't Do That'

President Donald Trump's "big, beautiful bill" saw a major setback on Friday as it failed to pass the House Budget Committee following opposition from several Republicans.

Concretely, five GOP lawmakers rejected the bill as it stands, with the vote ending 16-21 after they joined all Democrats in their rejection. Freedom Caucus member Chip Roy said he opposes the bill because it will increase the deficit.

"I have to now admonish my colleagues on this side of the aisle. This bill falls profoundly short. It does not do what we say it does with respect to deficits," Roy said. "Deficits will go up in the first half of the 10-year budget window and we all know it's true. And we shouldn't do that. We shouldn't say that we're doing something we're not doing," he added.

Republicans are set to continue negotiating throughout the weekend, with NBC News reporting that panel members are seeking to regroup as soon as Monday.

But even if the bill ends up passing the House, it also faces long odds in the Senate. A key Republican Senator, Ron Johnson, anticipated he won't vote for this version of the bill earlier this month, claiming that the current effort "actually increases" the budget deficit and is "doomed to fail."

Speaking to Newsmax, Johnson said Republicans should come to terms with the fact that the bill is not viable as it stands. "I'm sorry, I've got to disagree with the president on this," he said.

The senator went on to detail that he is aware that "a number" of colleagues are "not even contemplating" supporting the bill either. "We're not even close," said Johnson, adding that the bill "actually increases the deficit," which he called a "non-starter." The senator had said last week that he wouldn't vote for the bill unless it reduced spending to 2019 levels, even though he conceded it is unlikely to happen.