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'Disaster for the American people': Trump's megabill could cause 11.8M to lose health care coverage
MSNBC· 2025-06-30 15:45
Healthcare Bill Impact - The bill could potentially cause approximately 12 million people to lose their healthcare coverage over the next 10 years [4] - The bill adds $3.3 trillion to the deficit, raising concerns about its fundamental flaws [3] - An estimated 8 million people across the country could lose their healthcare [3] Political Implications - Unilateral actions on healthcare by either party (Democrats with the ACA, Republicans attempting repeal) have resulted in significant political costs in subsequent elections [6] - The healthcare issue is considered dangerous for those in power, posing political threats to Republicans as they try to advance the bill [7] - The bill is largely unpopular according to recent polls, creating an opportunity for Democrats to message against it [7] Senate Dynamics - Amendments are being introduced to try and gain support from individual senators, including provisions for rural healthcare and Medicaid adjustments [2] - Senator Susan Collins is prioritizing limiting cuts to Medicaid in the bill [5] - Senator Tom Tillis's opposition to the bill and subsequent decision not to seek re-election could impact his colleagues and the legislation's outcome [10] Democratic Strategy - Democrats are highlighting the problems with the bill through amendments [8] - If the bill reaches President Trump's desk, Democrats plan to emphasize the cuts benefiting millionaires and billionaires at the expense of ordinary working people, focusing on broken commitments regarding Medicare, Medicaid, and Social Security [8] - Democrats need to convey the losses for the American people in nutrition programs, energy, and Medicaid in a direct and concise manner [9][10]
'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 ...
Treasuy Secretary Bessent on Tax Bill, Next Fed Chair, Government Debt
Bloomberg Television· 2025-06-30 14:37
We are now joined by U.S. Treasury Secretary Scott Betts. And just as the Senate has begun voting on what's known as the big, beautiful bill. You look at the latest version of the tax bill.The big question that remains is the GOP holdouts. What kind of deal can be cut with those holdouts. And what are you and the president prepared to offer for support.Well, I'm confident that the bill is going to progress, as is over the next few hours, and it'll be on the president's desk to sign on July 4th. So the Senat ...
‘This bill could change substantially’: Senate holds marathon vote on GOP agenda bill
MSNBC· 2025-06-30 14:31
Live look at the floor of the US Senate where moments from now a voterama on President Trump's sweeping domestic policy bill is set to begin. This comes after the Republican le chamber advanced the package following a dramatic drawn out process over the weekend. Let's bring in NBC News chief Capitol Hill correspondent Ryan Nobles.Ryan, I think they are about to start, right. What's the latest on where this all stands. That's right.And Catty, just know that I'm always here for you as well. And you're right. ...
Treasury Secretary Bessent Says Budget Bill Will be Ready to Sign by July 4
Bloomberg Television· 2025-06-30 14:22
Just as the Senate has begun voting on what's known as the big, beautiful bill. You look at the latest version of the tax bill. The big question that remains is the GOP holdouts.What kind of deal can be cut with those holdouts. And what are you and the president prepared to offer for support. Well, I'm confident that the bill is going to progress, as is over the next few hours, and it'll be on the president's desk to sign on July 4th.So the Senate Senate will vote, pass it over to the House. We've seen incr ...
'Utterly insane and destructive': Elon Musk steps up attacks on massive bill for Trump's agenda
MSNBC· 2025-06-30 12:39
Let's turn now to Washington where later this morning the Senate is expected to begin what's known as voterama only in Washington DC on President Trump's sweeping domestic policy package. It comes after late on Saturday the Republican le Senate advanced the package following a dramatic drawn out process that spanned hours bringing it one step closer to passage. It narrowly advanced after Majority Leader John Thoon and Vice President JD Vance struck a deal with the holdouts.Trump also stayed in Washington ov ...
Trump’s ‘big, beautiful bill’ clears key Senate hurdle after high drama
CNBC Television· 2025-06-30 10:55
Tax and Spending Bill Overview - Senate is poised to vote on President Trump's tax and spending bill, facing potential amendments [1][2] - Updated bill retains the $40,000 limit on state and local tax deductions (SALT cap) until 2030 and reinstates Medicaid cuts [4] - Wind and solar industries face a bleak outlook due to shorter tax credit qualification runways and potential additional taxes related to supply chains in China [5] Budgetary Impact - The bill is projected to increase the debt by $3.25 trillion over the next ten years, according to the Congressional Budget Office [6] Political Challenges - House Freedom Caucus expresses concerns that the Senate bill violates their agreement to keep spending low [6][7] - Republican Senators Rand Paul and Thom Tillis initially voted against proceeding with the bill, indicating potential opposition [3][4] - Securing enough votes in the Senate is challenging, as losing more than one vote could jeopardize the bill's passage [4] Key Senators to Watch - Moderate senators like Lisa Murkowski and Susan Collins could be alienated if Ron Johnson's concerns regarding Medicaid are addressed [13] Industry Concerns - Elon Musk and others criticize the bill for favoring industries of the past over future industries, particularly regarding clean energy tax credits [17][18] - The Chamber of Commerce supports the tax provisions but expresses concern about the impact on wind and solar energy [18][19] Medicaid Implications - The bill includes Medicaid cuts, including a cap on provider taxes that states charge healthcare providers [4] - Concern exists that changes to the federal and state Medicaid match could reduce the number of people able to access Medicaid [14] Timeline and Potential Outcomes - The Senate aims to complete votes on amendments, potentially extending into Tuesday, with the House needing to act quickly to send the bill to Trump by July 4th [7][8] - The bill's passage depends on whether those who oppose it are willing to stand their ground and continue to vote no [11][12]
 Sen. Bernie Sanders: Trump’s budget bill cuts to Medicaid “is a death sentence” for Americans
MSNBC· 2025-06-30 10:24
Right now, the Senate is debating over Trump's big, beautiful bill as Senate Republicans push to pass it ahead of their July 4th deadline. Late this afternoon, Senate clerks wrapped up a nearly 16hour long marathon reading of the 940 page bill, laying out what senators will be voting for and the stakes for Americans nationwide. Last night, the bill passed a key procedural hurdle to begin debate with all Democrats voting no along with two Republican holdouts, Senators Tom Tillis and Ran Paul.This comes as th ...
'Bad news for all Americans': Sen. Maggie Hassan on Trump’s megabill
MSNBC· 2025-06-30 10:21
The Senate is still debating over President Trump's mega bill after Democrats held a nearly 16-hour line by line reading of the 940page legislation in protest. This week, Senator Maggie Hassan of New Hampshire called the bill bad and said if it passes, more than 43,000 people in her state will lose their healthc care coverage. Let's bring in Democratic Senator Maggie Hassan of New Hampshire.She sits on the Senate Finance Committee. Senator, thank you for joining us this evening. So, paint a picture for us o ...