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What's in President Trump's 'big beautiful bill'?
NBC News· 2025-07-01 02:26
To the president, it's gorgeous. We call it a great big beautiful bill cuz that's what it is. But to Democrats, an ugly betrayal.The bill before the Senate is out of poison. 940 pages that make up the foundation of President Trump's agenda. So what's actually in it.Start with tax cuts, a huge piece of this plan. As written, the bill would make the president's signature 2017 cuts permanent. The bill would also let people deduct more of their state and local income taxes for the next 5 years.And it would fulf ...
Nightly News Full Episode - June 30
NBC News· 2025-07-01 02:10
OF AMENDMENTS TO TRY TO SLOW THIS PROCESS DOWN BUT ULTIMATELY, IT WILL BE UP TO REPUBLICANS TO COME UP WITH THE VOTES TO MOVE THIS CLOSER TO PRESIDENT TRUMP'S DESK. TONIGHT, SENATE REPUBLICANS DASHING TO DELIVER PRESIDENT TRUMP'S BIG BEAUTIFUL BILL TO HIS DESK BY JULY 4th. >> THIS IS GOING TO BE THE LARGEST TAX CUT FOR AMERICANS IN OUR HISTORY.>> Reporter: BUT DEMOCRATS LOOKING TO DELAY IT ON AMENDMENTS LIKELY TO BE VOTED DOWN. >> HOW DO YOU FEEL ABOUT IT SO FAR. >> IS GOING TO BE A LOT OF AMENDMENTS.AND UL ...
What’s in Trump’s ‘Big Beautiful Bill’? Tax cuts, safety net cut and military spending
NBC News· 2025-06-30 23:01
To the president, it's gorgeous. We call it a great big beautiful bill because that's what it is. But to Democrats, an ugly betrayal.The bill before the Senate is out of poison. 940 pages that make up the foundation of President Trump's agenda. So what's actually in it.Start with tax cuts. A huge piece of this plan. As written, the bill would make the president's signature 2017 cuts permanent.It's been an amazing experience. The bill would also let people deduct more of their state and local income taxes fo ...
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Bloomberg· 2025-06-30 22:16
Senate Republicans are moving forward with a plan to mask the $3.8 trillion cost of extending expiring tax cuts on behalf of Donald Trump: Here’s your Evening Briefing https://t.co/g1oU7BqKVc ...
'A moral obscenity': Top Democrat sounds off on GOP hypocrisy over Trump's megabill
MSNBC· 2025-06-30 21:45
We owe it to the states to do the work to understand how these proposals affect them. How hard is that. I did it.How hard is it. I'm telling the president that you have been misinformed. You supporting the Senate mark will hurt people who are eligible and qualified for Medicaid.Hi again everyone. I'm Elisi Menendez in for Nicole Wallace and it is five o'clock here in Washington DC where the voterama taking place in the Senate is still underway on that massive domestic spending bill. A bill that would drasti ...
‘Make or break issue’ for some republicans: Journalist on deficit increase
MSNBC· 2025-06-30 21:30
Tax Bill & Political Landscape - Republicans are pushing a tax bill considered President Trump's signature domestic priority [1] - The bill includes unpopular measures like Medicaid and food stamp cuts, raising concerns among Democrats and some Republicans about midterm election repercussions [2][3] - Public opinion is reportedly 2 to 1 against the bill [1][15] - The Wall Street Journal suggests the bill could hand the next election to the Democrats [15] Deficit & Debt - The Senate version of the bill is estimated to add $3.3 trillion to the debt [4][5][6] - The House bill was estimated to add $2.4 trillion to the debt over the next 10 years [5] - Some Republicans argue economic growth will offset tax revenue losses, while others remain concerned about the deficit [6][7] Republican Concerns & Divisions - Some Republicans worry about the impact of Medicaid cuts on the 2026 elections, drawing comparisons to the 2014 Obamacare backlash [18][19] - Senators like Lisa Murkowski raised concerns, particularly regarding provisions affecting Medicaid payments to Alaska and Hawaii [8][9] - The bill includes a provision that could impose additional taxes on US-based solar and wind companies using products from China, impacting energy-producing states [12][13][14] Energy Policy - The House version of the bill aims to phase out federal subsidies for solar and wind energy, established under the Inflation Reduction Act [11] - Lisa Murkowski is attempting to add a provision related to solar and wind energy [10] - Approximately 80% of the solar industry's components originate from China [14]
‘Most deeply immoral piece of legislation I’ve ever voted on’: Sen. Murphy blasts
MSNBC· 2025-06-30 21:00
All right, we're looking at the Senate floor. More than five hours now into what we call the voterama over President Trump's massive multi-t trillion dollar policy agenda. Makes it sound a lot more fun than it is.Joining us now is Connecticut Democratic Senator Chris Murphy. Um I don't know. Is it Is it fun.Are you having a great time, Senator. No. This sucks.I mean, we're we're debating a bill that's going to cut healthcare for 16 million people. It's going to give a tax break to, you know, massively wealt ...
Senate holds 'vote-a-rama' for amendments to Trump spending bill
NBC News· 2025-06-30 20:00
We start with a makeorb breakak day at the US capital for President Trump's so-called big beautiful bill. Right now, senators are holding what they're calling a voterama. That's a marathon series of votes on amendments to the president's sweeping legislation. The bill would extend nearly $4 trillion in tax cuts. It would also cut more than a trillion dollars in Medicaid and federal nutrition program funding, generating bipartisan push back, fueling other opposition. The nonpartisan Congressional Budget Offi ...
'Taking Medicaid from people who need it': Sen. Van Hollen slams Trump's 'big, beautiful bill'
MSNBC· 2025-06-30 15:27
Joining us now, Democratic Senator Chris Van Golland from Maryland. He sits on both the budget and appropriations committee. Senator, we appreciate your time on a very busy day.First, you called the budget bill, quote, a fraud on the American people that would make even Enrod scammers blush. Strong words there. So, is there anything that your party, Democrats, can do to stop the progression of this bill.Well, Ariel, it's good to be with you. Uh, we are making all the arguments and we're urging people from a ...
'Vote-a-rama' begins: Senators weigh cuts in Trump's 'big, beautiful bill'
MSNBC· 2025-06-30 14:58
Let's get you straight to NBC's Julie Serikin on Capitol Hill. Also with us, NBC News, senior White House correspondent Gabe Gutierrez, Democratic strategist and former adviser to Bill and Hillary Clinton. Richard Goodstein is here with us and adviser to former House Speaker John Boehner.Mora Gillespie also in studio with us. And Julie, we'll start with you. As it stands now, just break down what's in the Senate's version of this bill and what we could see during this marathon voterama today.Yeah. Hey Ariel ...