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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 ...
'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]
‘How complete the purge is now’: Ex-GOP advisor reacts to two lawmakers leaving congress
MSNBC· 2025-06-30 21:15
If they were retiring, would they be yeses on this bill. Well, they would. No question about it, Katie.I mean, this is just a example of how complete the purge is now with his retirement and Don Bacon's announcement, the congressman from Nebraska. The the the irony here is that it's a it's a shortterm gain for Donald Trump and it's and it's just shown, you know, uh unprecedented political strength that he's been able to do this. But the problem is that he's taking people out of the party who are willing to ...
‘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 ...
Horrible piece of legislation’ making ‘people fearful’: Arizona Sen. Kelly
MSNBC· 2025-06-30 20:45
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 ...
GOP Senator is 'the best ad Democrats have going into midterms,' rips Trump's budget bill 
MSNBC· 2025-06-30 20:37
quote utterly insane and destructive. Quote, "An unhappy episode." The reviews are in, and even Republicans and their allies are warning about the consequences of Trump's so-called big beautiful bill. At this hour, the Senate is in the middle of a marathon voting session, taking up amendments to the bill from members of both parties.The goal to pass the bill later today. And rarely, if ever, have members of a political party seemed so glum on the eve of passing major legislation. With Democrats unified in t ...
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 ...
‘Will come back to haunt them’: Dem. Sen. warns republicans supporting Trump’s megabill
MSNBC· 2025-06-30 18:17
Legislative Process & Key Amendments - Senate is in the midst of a "vote-a-rama" process on a budget bill critical to Donald Trump's vision [1][2] - Democrats are offering amendments to send the bill back to committee to change provisions related to Medicaid and SNAP, but Republicans are voting them down [3] - Senator Susan Collins and Lisa Murkowski voted with Democrats on an amendment shielding rural hospitals, highlighting their potential influence on the bill's outcome [4] - Republican Senators Rand Paul and Thom Tillis have expressed concerns about the bill's debt impact and Medicaid cuts, respectively [5] - Clean energy credits are also under debate, with some Republican senators noting their states benefit from these credits [11] Republican Divisions & Concerns - Republicans have 53 senators and can only afford to lose three votes to pass the bill [4] - Some Senate conservatives, including Ron Johnson, Rick Scott, and Mike Lee, reluctantly voted to begin debate but want more deficit reduction provisions [7] - Concerns exist among moderate Republicans like Collins and Murkowski regarding the bill's impact on healthcare coverage in their states [6] - Fear of Trump's retribution is influencing Republican senators' decisions, potentially overriding concerns about the bill's negative impacts [14] Democratic Opposition & Key Issues - Democrats believe the bill will negatively impact healthcare, potentially causing 16 million Americans to lose coverage [11] - Rural hospitals are expected to be significantly impacted by the bill, potentially leading to closures [10][19][20] - The bill is seen as disproportionately benefiting those at the top, with potential cost increases for those earning minimum wage by about 53% [24] - Democrats argue the bill will revert the country to pre-Obamacare levels of uninsurance [18]
Hospitals ‘are in severe jeopardy’: Sen. Markey criticizes Trump’s megabill
MSNBC· 2025-06-30 17:40
In President Trump's controversial spending bill, there are few things more controversial, including within his own party as how it changes the way states receive Medicaid funds and instead creates a $25 billion fund to support rural hospitals. Critics say that is not enough and will cost lives. So, what can Democrats do about it.Joining me now is Democratic Senator Ed Marky of Massachusetts. It's good to see you, Senator. And you and your Democratic colleagues have pointed this out that Republican healthc ...