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'Middle class gets completely screwed': Dem lawmaker SLAMS Trump's megabill
MSNBC· 2025-07-02 16:10
And now joining us is Democratic Congresswoman Angie Craig of Minnesota. She serves as the ranking member of the Agriculture Committee. Thanks so much for taking the time.We've talked about all these outside estimates that this bill will add trillions to the national debt, will result in millions of Americans losing healthc care coverage because of those Medicaid cuts. And listen to this. The Ale Budget Lab says if this bill is signed into law, the bottom 20% of earners would see a roughly 3% decrease in in ...
X @Forbes
Forbes· 2025-07-02 15:00
The Senate version of the legislation makes even steeper cuts to Medicaid than the $800 billion slashed in the House-passed version of the bill. (Photo: Mehmet Eser/Middle East Images/AFP via Getty Images) https://t.co/gCtUPQyhj9 https://t.co/NKzfOGORKW ...
Opening Bell: July 2, 2025
CNBC Television· 2025-07-02 13:55
total guidance because Medicaid I think that I don't want to be too again political but Medicaid is the loser in this bill and that's what sent about Jim we're going to talk more about Sentine because it is going to be the biggest loser out there today let's get to the uh opening bell right now here's the big board got to keep going there buddy all right the pan math challenge a bikeon and master a research over NASDAQ street investment management is celebrating its rebranding and uh I support a little less ...
X @Forbes
Forbes· 2025-07-02 12:10
Trump’s Policy Megabill Cuts More Than $1 Trillion From Medicaid: Here’s How https://t.co/hnUwpN9mPq ...
X @Elon Musk
Elon Musk· 2025-07-02 05:06
RT Chip Roy (@chiproytx)FACT: The Senate OBBB increases deficits and violates the terms of the budget deal in the House.FACT: The Senate OBBB guts the strong provisions to terminate the “green new scam” subsidies in the House bill.FACT: The Senate OBBB removes key provisions we put in the bill to stop illegal aliens from getting Medicaid.FACT: The Senate OBBB removes key provisions we put in the bill to stop taxpayer funding of transgender surgeries.FACT: We can amend it, send it back, fix it, & pass both t ...
Frost: Republicans short on votes for Trump budget bill as Democrats raise public alarm
MSNBC· 2025-07-02 04:15
Political Strategy & Legislative Action - The Democratic party is employing delay tactics, including introducing approximately 500 amendments, each providing 5 minutes of debate, to postpone the vote and raise public awareness [1] - The strategy involves constituents contacting Republican representatives to influence their vote against the bill [1] - The ultimate goal is to defeat the bill entirely and start over with a bipartisan solution [1] Bill's Content & Impact - The bill includes approximately $170 billion for immigration enforcement, with around $45 billion allocated for new detention centers and nearly $30 billion for ICE [2] - The bill is projected to cause approximately 17 million people to lose their healthcare coverage [1][2] - Concerns are raised about the potential for increased immigration enforcement activities, described as "kidnapping" and "human trafficking," impacting communities nationwide [3] Healthcare Implications - The speaker expresses strong opposition to the bill, arguing it will negatively impact healthcare access, particularly for vulnerable populations like individuals with disabilities relying on Medicaid [2] - The speaker criticizes the perspective that the potential loss of healthcare for millions is considered "minutia," emphasizing the human cost [1][2]
'Republicans end up lining up': Senate narrowly passes Trump tax bill
MSNBC· 2025-07-02 04:01
It is day 163 of the second Trump administration and after a marathon voting session, the Senate narrowly passed the president's sweeping budget bill. The vote was 51 to 50 with Vice President J. Dance casting the break the tiebreaking vote because three Republicans, can you guess who they were? Susan Collins, Ran Paul, and Tom Tillis voted no. In the end, Lisa Marowski of Alaska, a very vocal critic of several provisions of this bill. She voted yes, but she said it was an agonizing decision. Our own Ryan N ...
Lawrence: What you're feeling is the banality of cruelty from Trump and the Republican Party
MSNBC· 2025-07-02 03:45
Government Policy & Budget Cuts - The Trump administration is criticized for celebrating the removal of funding for AIDS medication in Africa, a program that has saved over 25 million lives in the 21st century [1][2] - The administration is also criticized for increasing the national debt by $35 trillion with tax cuts for billionaires while simultaneously cutting Medicaid, which will take healthcare coverage away from 17 million people [3] - The closure of the United States Agency for International Development (USAID) is highlighted as an example of executive overreach, as it was done without congressional approval [5][6] - Medicaid pays for 40% of the nursing home care in the US, and cuts to this program are criticized [7] Healthcare & Social Welfare - The report highlights concerns over the potential loss of healthcare coverage for 17 million Americans due to Republican budget cuts [3][5] - The report mentions that in some rural areas, government-funded healthcare programs like Medicaid, Medicare, and the Affordable Care Act provide healthcare to most people [7] - Republican senators voted against an amendment to prevent Medicaid from being taken away from women during childbirth [37] - The report mentions that children are going to go hungry because of cuts in food assistance to poor children [36] Political Commentary & Leadership - The report questions the motivations and competence of Donald Trump and Republican leaders, suggesting a lack of care for the impact of their policies on vulnerable populations [4][8][14][20][21][23][35] - The report criticizes the American news media for not adequately covering the shutdown of USAID and Elon Musk's role in it [5][15][16] - The report suggests that the Republican party is under the complete control of Donald Trump [20]
Symone: Poverty isn’t just Black and Latino people, but 'includes white people in America' as well
MSNBC· 2025-07-02 01:31
Legislation Overview - The bill under discussion has undergone significant changes in the Senate, with concerns raised about members not having adequate time to review the alterations [3][4] - The House Republicans are reportedly rushing to meet a July 4th deadline to satisfy Donald Trump's desire for a symbolic signing, leading to expedited hearings without sufficient review time [15] - The process is criticized as being driven by Trump's influence, with House Republicans allegedly being pressured to vote in favor of the bill [6] Potential Impacts - Approximately 17 million Americans are at risk of losing their healthcare coverage due to Medicaid and Affordable Care Act cuts [9][10] - Around 45 million individuals may lose SNAP (Supplemental Nutrition Assistance Program) benefits because of the cuts included in the legislation [11] - Changes to student loan repayment programs are expected, potentially affecting individuals currently repaying their student loans [12] Political Dynamics - Some Freedom Caucus members and other Republicans are expressing opposition to the bill due to the Senate's changes [7] - There is skepticism about Republicans' stated opposition, with a history of members ultimately voting in favor of bills despite initial resistance [8] - The cuts are perceived as subsidizing tax cuts that primarily benefit the top 1% of the country [12] Social Implications - Reduced SNAP benefits could lead to children experiencing hunger, impacting their ability to concentrate and behave in school [18][22][23] - Poverty affects both urban and rural areas, with a significant portion of the impoverished population being white [19][20][21]
'Why the hell did you vote for the bill?': GOP senator slammed for megabill whiplash
MSNBC· 2025-07-02 01:10
Fiscal Irresponsibility & Political Criticism - The bill is criticized for being fiscally irresponsible and adding over $3 trillion to the deficit over the next decade [16] - Elon Musk criticizes the bill as "suicidally self-destructive to America's future" and damaging to the country [6][7] - The bill includes provisions that eliminate subsidies for solar and wind energy while boosting coal and oil [7] - The bill enshrines trillions in tax cuts primarily benefiting the wealthy and corporations, including those inheriting estates over $50 million [15] Healthcare & Social Program Cuts - Between 12 million and 17 million people could lose healthcare [16] - The bill includes devastating cuts to healthcare and food assistance for poor and working-class Americans [15] Political Opposition & Uncertainty - The bill passed the Senate on a 50-50 tie broken by Vice President JD Vance [7] - Senator Lisa Murkowski voted for the bill but hopes the House will undo some of the damage [21] - The bill is described as wildly unpopular [17]