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The Last Word With Lawrence O’Donnell - July 3 | Audio Only
MSNBC· 2025-07-04 04:15
Healthcare & Policy - The Republican bill is projected to cause 17 million Americans to lose healthcare coverage [2][9][37] - The bill is expected to devastate nursing homes and cut nutrition assistance for poor children [2] - The legislation could lead to the closure of rural hospitals, affecting healthcare access for entire communities [2][23][24] - Medicaid covers 40% of births, especially in rural areas, and cuts will worsen existing mortality penalties in rural America [41] - The Affordable Care Act (ACA) is 15 years old, and Medicaid is 60 years old this year [34][35] Political Dynamics - House Republicans voted 218 to 214 to approve the budget bill, despite initial criticism from the Freedom Caucus [9] - Concerns were raised by Republicans about the bill's impact on the deficit and its failure to adhere to budget deal terms [5][7] - The bill includes the largest Medicaid cuts in history [19] - Democratic Leader Hakeem Jeffries spoke for 8 hours and 45 minutes, setting a record for the longest House speech, to oppose the bill [16] - The bill is characterized as the largest upward transfer of wealth in American history [52] - Congressman Ro Khanna stated that crossing Donald Trump leads to political repercussions, influencing the bill's passage [55] - The bill is considered a massive giveaway to special interests [46] - A $4 trillion tax cut is included, which is seen as disproportionately benefiting billionaires [58][60][61] International Relations - Donald Trump had a phone call with Vladimir Putin, discussing Iran and the war in Ukraine, with no progress reported [69][70] - Putin's adviser stated that Trump and Putin are on the same page and that Russia does not want US involvement in peace talks with Ukraine [72][73] - The Trump administration is accused of withholding aid to Ukraine and easing sanctions against Russia [77] - Russia has massed 50,000 troops near the Ukrainian border city of Sumi [76]
X @Forbes
Forbes· 2025-07-04 02:58
5 Key Ways Trump’s Big Beautiful Bill Will Transform Your Own Taxes https://t.co/kC9ys5xLkj https://t.co/kC9ys5xLkj ...
X @Forbes
Forbes· 2025-07-03 20:15
5 Key Ways Trump’s Big Beautiful Bill Will Transform Your Own Taxes https://t.co/bdny9loTgW https://t.co/bdny9loTgW ...
Lawrence: House Republican says we're not 'little b----es.’ Dem calls out GOP's Trump bill mistake.
MSNBC· 2025-07-03 04:42
Legislative Process & Political Maneuvering - A procedural error by Republicans regarding "considering the previous question" paralyzed the House of Representatives for 11 hours [5][7][8] - Democrats strategically used the procedural error to propose amendments protecting Medicaid and SNAP, which were blocked by Republicans [12][13] - The report alleges President Trump used personal appeals to influence Republican lawmakers to support the bill [24][25] Healthcare & Social Programs Impact - The bill is projected to cause 17 million Americans to lose healthcare coverage [17][21] - 42 million people could lose nutritional assistance [22] - In one North Carolina district, 142,000 constituents could lose some or all of their SNAP benefits, and five rural hospitals are at risk of closure [14] Taxation & Economic Impact - The bill is criticized for increasing the national debt by $4 trillion [22] - The report highlights a tax cut for incomes over $10 million, maintaining a 37% rate instead of restoring it to 396% [30][31] - The report claims the bill benefits billionaires at the expense of the middle class and those relying on social safety nets [19][29]
Ocasio-Cortez SLAMS GOP megabill: 'A deal with the devil?'
MSNBC· 2025-07-02 23:45
President Trump had issued some statements throughout this process saying and urging insisting that this bill does not cut Medicaid. He's also said some things, you know, he says he uh doesn't think I'm too much of a smart person. And I'll tell you one thing, it doesn't take a smart person to know if you're being lied to.All right, President Trump, you're either being lied to or you are lying to the American people. Because this bill represents in the text of this bill the largest and greatest loss of healt ...
The Challenge of Absolutist Politics
Budget Deficit & GDP Target - The consensus is to reduce the budget deficit to 3% of GDP [1] - Political constraints prevent pledges to achieve the 3% GDP target [1] Political Obstacles - Politicians are hesitant to compromise due to constituent and party pressures [2] - Fear of political repercussions hinders necessary budget adjustments [2] Potential Financial Crisis - Failure to adjust the current trajectory may lead to a financial crash [1]
A closer look at the big, beautiful bill.
Yahoo Finance· 2025-07-01 21:30
Deficit and Spending - The analysis indicates authorization of $3.8 trillion in deficit increases without offsetting measures, potentially signaling an end to constraints on congressional spending [1] - Repeal of IRA tax cuts significantly impacts energy stocks [2] Consumer Impact - Tariffs are viewed as a tax on US consumers, generating approximately $400 billion for the US Treasury [3] - New stimulus to the US consumer amounts to $166 billion, resulting in a net loss for the consumer when compared to tariff revenue [3][4] Healthcare Sector - Medicaid cuts are expected to have a substantial impact on hospitals [2]
‘Completely made up deadline’: Trump’s megabill moves to the House
MSNBC· 2025-07-01 20:43
Joining us now, NBC News chief Capitol Hill correspondent Ryan Nobles, Punch Bowl News co-founder and MSNBC political analyst Jake Sherman and former press secretary to former House Speakers Paul Ryan and John Boehner. Brendan Buck, also an MSNBC political analyst. Um, so Ryan, there was some last minute concern that this thing might fail in the Senate. It did not. It's with the House. Let's move on. any indication that there's going to be any wrangling in the House? Well, they really can't wrangle all that ...
X @Cointelegraph
Cointelegraph· 2025-07-01 03:30
🔥SAYLOR: “We must end unfair taxes on BTC miners if America is going to be the world's Bitcoin Superpower.” https://t.co/cqNDOGPqu3 ...
X @Forbes
Forbes· 2025-06-30 01:10
Ahead of his Venice wedding, protesters called for the billionaire Amazon founder to pay more taxes. Here’s our estimate of how much tax Bezos has likely been paying—and what he’s done to lower his bill. https://t.co/HJXeV0BW4E (Photo: Stefano Rellandini/AFP via Getty Images) https://t.co/ZduH9L9hy1 ...