The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Uh, well, it's going it's going to going to pass and my expectation is that we'll get a vote around 130 today. Got it.You have said that this isn't ...

The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Well, it's going it's going to going to pass and my expectation is that we'll get a vote around 1:30 today. Got it.You have said that this isn't a d ...

Welcome back to Squawkbox. Look at that handsome picture of a guy named Robert Frank, uh, who knows a lot about money and how we spend it and how to save it maybe and all those things. But today, he's going to tell us what the bill might look like come next April, the Senate passing President Trump's sweeping tax cut and spending bill.In today's edition of Inside Wealth, that man, the handsome one, Robert Frank, taking a look at what it means for the tax bill for high earners and investors. So, is it is it ...

Government Policy & Social Impact - A proposed amendment to guarantee food assistance for families with children under 12 was voted against by all 53 Republicans in the Senate [1] - The bill is criticized for taking healthcare and food away from children, while also borrowing from future generations to fund tax cuts [3] - The cuts to healthcare could result in the deaths of thousands, potentially tens of thousands, of Americans [8] - Tax cuts of $346,000 per year are expected for individuals earning over $5 million annually [9] Political & Ethical Concerns - The current generation is portrayed as selfish for prioritizing tax cuts over the needs of hungry children and future generations [4] - The action of cutting food aid to starving children in Africa is criticized, with reports of hundreds of thousands of deaths resulting from these actions [5][6] - The deployment of National Guard troops in Westwood, Los Angeles is seen as a wasteful use of resources and a potential detriment to morale and fire defense capabilities [10][11][12] - The use of the National Guard for domestic law enforcement is criticized as a political tool that erodes trust [12][13]

The battle over President Trump's so-called big beautiful bill. Elon Musk once again slamming it. Ryan Nobles is tracking all the developments for us from the Hill.And Ryan, Democrats are also pulling out all the stops tonight to try and delay it. That's right, Tom. Democrats are offering up a series of amendments to try and slow this process down.But ultimately, it will be up to Republicans to come up with the votes to move this bill closer to President Trump's desk. Tonight, Senate Republicans dashing to ...

The Senate’s version of Donald Trump’s tax cut bill will cost the bottom 20% of taxpayers an average of $560 a year while giving an average boost of $6,055 to those at the top end https://t.co/Aw1I2ANb9d https://t.co/1qXS1S50tR ...

Joining me now is Arizona Senator Mark Kelly. Senator, really good to have you. Um, you come from an interesting state right now, especially tell me how um how your constituents feel about this bill.Well, I've been traveling across the state over the last couple months. Uh I live in Tucson, but Phoenix and Sierra Vista, Clarkdale, places like this, and it it's a horrible piece of legislation. People are fearful.Uh people who are sick and rely on Medicaid could potentially lose their insurance. I was feeding ...

Tax Policy & Economic Impact - The speaker disagrees with the initial deficit numbers, citing temporary measures in the House bill that appear to raise revenue but could cause a recession [1] - The speaker suggests that achieving 3% growth instead of 18% (likely a typo and should be 1.8%) would add $4 trillion to revenue, making the bill a deficit reducer [1] - The speaker claims the bill represents the biggest tax cut in history and will be incredibly positive for the budget with a little bit of growth [2] Government Spending & Budget - The speaker mentions discretionary spending rescissions planned for the Senate, potentially amounting to $160 billion this year [2] - The speaker suggests that $160 billion in rescissions would have a deficit impact of $1600 billion (10 times $160 billion) [3]

President Donald Trump’s $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance and GOP leaders and Republican holdouts. https://t.co/hZA002LmuK ...

You, of course, just left the East Room where President Trump held this one big, beautiful event celebrating a bill that has yet to pass the Senate or repass the House. And obviously the parliamentarian in the Senate has thrown up some hurdles today. Is the parliamentarian making this effort harder, making it harder to meet the president's deadline of July 4th.I think reconciliation has a process and we all respect the process. So I think they just going through the way they do things in the Senate and I th ...