[Applause] Tonight, a major victory for the Donald Trump agenda. The motion is adopted. The House passing his multi-trillion dollar sprawling spending bill designed to fund a wide range of campaign promises, including extending tax cuts passed in his first administration, new military spending, and money to fund a mass deportation plan, paying for it in part with steep cuts to food aid benefits, clean energy funding, and Medicaid.President Trump celebrating the win before flying to a victory rally in Iowa. ...

Healthcare & Economic Impact - The bill could remove healthcare for 16 million Americans by eliminating Medicaid benefits [1] - Hospitals and clinics may close, and healthcare professionals may leave the field due to the bill's impact [1] - The bill is estimated to add over $3 trillion of debt to the national debt [1] - The healthcare industry and businesses are expected to react immediately to the bill's implications, leading to real pain sooner than expected [1] Political Dynamics - The Congressman argues that the Republican's revenue piece is trickle-down economics, which has been tried numerous times and doesn't work [1] - Some Republicans initially opposed the bill, citing concerns about the national debt and healthcare access, but ultimately supported it [2] - The Congressman suggests that some Republicans prioritize loyalty to a president over their constituents and the country [2][3]

Legislative Action & Political Landscape - The House passed President Trump's spending bill with a vote of 218 to 214 [1] - Only two Republicans voted against the bill: Thomas Massie (conservative) and Brian Fitzpatrick (moderate) [3][4] - The bill will now go to President Trump for signature, potentially with a signing ceremony on July 4th [2] - Democrats are planning to make the bill a major issue in the 2026 midterms, with attack ads already being prepared [7][8] Key Components of the Spending Bill - Includes an extension of the 2017 tax cuts [6] - Introduces new priorities such as no tax on tips and overtime [6] - Allocates additional funding for border security, including building the border wall and hiring new ICE agents [6] - Implements cuts to social safety net programs like Medicaid and food stamps [7] Potential Impact & GOP Strategy - GOP leadership is confident they can effectively message the bill and increase its popularity among Americans [8] - Republicans need to prepare for potential political fallout, particularly regarding Medicaid cuts [5]

Healthcare & Social Welfare Policy - The bill is projected to potentially cause 17 million people to lose healthcare coverage [2] - The bill may lead to significant cuts in nutrition assistance programs, potentially causing food insecurity [2][5][11] - Approximately 31,000 people in one Florida district alone could lose SNAP benefits [5] - Around 70,000 people in one district may lose their healthcare coverage [6] - Nursing homes with a Medicaid population of at least 25% are at risk of closure [7] Financial Implications & Tax Policy - The bill is framed as providing tax breaks primarily benefiting the wealthiest 20% of the population, while the middle class receives fewer benefits that may expire [8] - The bill could increase the national debt by trillions of dollars [8] - The extension and permanence of the 2017 tax cuts, which were previously unfunded, could create a $4 trillion deficit [10] - The debt ceiling was reportedly raised by $5 trillion to accommodate these tax cuts [11] Political & Ideological Stance - The bill is criticized for prioritizing power and tax cuts for the wealthy over the well-being of vulnerable populations [4][8][12] - The bill is described as hypocritical, with Republicans allegedly feigning concern before ultimately supporting it [4]

President Trump's massive tax and spending cuts bill is set up for a final passage vote. That said, House Minority Leader Hakee Jeff has been holding up the vote by speaking against the bill for about five hours now. Let's go to Emily Wilkins on Capitol Hill for the latest.So much drama, Emily. So much Sarah. I mean it, hey, it's a big drill bill. It's got big drama attached.Look, but the House is going to be passing this bill as soon as Jeff is done speaking. We know this because earlier this morning, we s ...

Our next guest is Republican House member uh who opposed President Trump's big bill as of late yesterday, but overnight he voted to move forward with the bill. Joining us right now is Congressman Ralph Norman, Republican of South Carolina. You were outspoken uh on the other side of this bill, sir.And here we are this morning. What has changed. Well, we we had a lot of problems with uh the Senate changing our bill up, mainly adding to the deficit to the tune of with interest right at 100 $1.2% trillion.We we ...

Healthcare & Social Welfare Policy - The GOP bill is considered "cruel and shameless" with potentially long-term negative impacts on Americans and the healthcare system [4] - The bill could lead to 17 million Americans losing healthcare due to cuts to Medicaid and the ACA [10] - The bill proposes cutting $1 trillion from Medicaid and half a trillion dollars from Medicare [10] - The bill impacts Medicaid, Medicare, and Social Security, despite pledges not to [8][11] Political Strategy & Tactics - House rules limit the minority party's ability to influence legislation [3] - Democrats are using procedural tactics, press conferences, and public outreach to oppose the bill [5][12] - Democrats are highlighting the potential negative impacts of the bill on specific districts and constituents [20][21] - Democrats are calling out Republicans who express concerns about the bill but are expected to vote in favor [20][22] Economic Impact & Tax Policy - The bill is described as a "tax scam" that transfers wealth from the working and middle class to the wealthiest Americans [26] - A temporary "no tax on tips" provision is contrasted with permanent tax cuts for the wealthy [25][26] - 60% of households in the country are unable to meet basic needs, and the bill exacerbates income inequality [28]

Political & Economic Analysis - The new bill is perceived as a reverse Robin Hood budget, transferring wealth from the poor to the rich [1][2] - Soft stagflation is anticipated, with rising inflation and a potentially softening labor market due to an economic slowdown [4] - Public opinion, even according to Fox News polls, is largely against the bill by 20 points, even before its effects are felt [7] - Democrats have an opportunity to capitalize on the bill's unpopularity and the Republican party's perceived lack of fiscal responsibility [8][10] - Economic populism is suggested as a counter-narrative to cultural populism, using the bill as an example [10] Midterm Elections & Political Strategy - The White House acknowledges potential blowback in the midterm elections, historically challenging for a president's first term [12][13] - The administration aims to fulfill campaign promises, including tax cuts, despite midterm election concerns [11][12] - Democrats are considering making JD Vance the face of the bill, particularly looking ahead to the 2028 presidential election, though focusing on Donald Trump and the Republican party as a whole may be more effective in the midterms [14][15][16] - The Republican party may struggle to credibly advocate for fiscal responsibility after Donald Trump's first term, during which the debt increased [8] - A past attempt to privatize social security under George Bush is cited as a cautionary tale of pursuing unpopular policies [17][18]

Bill Overview - The bill extends and amplifies tax cuts initially enacted by the Trump administration in 2017 [2] - To offset the budget deficit created by the tax cuts, the bill significantly reduces funding for green energy programs, Medicaid, higher education, and food stamps [2] - The bill effectively repeals significant portions of the Affordable Care Act [3] Impact on Healthcare - Over 10 million people are expected to lose Medicaid coverage due to the bill's work requirements [5] - The work requirements are not expected to incentivize work, as Medicaid provides health coverage, not cash benefits [6][12][13][14] - Loss of Medicaid coverage may lead to facility closures, particularly in rural areas, and reduced access to preventative care [7][8] - Estimates suggest the bill could lead to tens of thousands, potentially as many as 50,000, deaths per year [4][8] Political Implications - Polling indicates that the bill is currently unpopular [9] - Republican pollsters believe they can increase support by rebranding the bill to emphasize work requirements for Medicaid [10][25] - The bill may negatively impact low-income Republican voters who rely on Medicaid and SNAP [19][20] - Democrats have an opportunity to message against the bill by highlighting the removal of healthcare from working-class Americans to fund tax cuts for the wealthy [29][30] - Republicans may attempt to distract from the bill's negative impacts by focusing on immigration and border security [27]

Economic Growth & Tax Policy - The legislation aims to make tax cuts permanent, a policy in place for 7 years, to stimulate economic growth [1] - The administration projects 2.8% growth, contrasting with the CBO's 1.8% projection over the next 10 years [1] - The policy of giving Americans more of their hard-earned money is expected to improve lives and drive economic growth [1] - The President's leadership is expected to bring in $15 trillion in investment [1] Impact on Workers & Industries - The bill includes no taxes on tips and overtime, benefiting working men and women [1] - The legislation aims to help seniors with changes related to no taxes on social security [1] - The elimination of taxes on tips is expected to benefit restaurant employees and the restaurant industry [1] Legislative Process & Political Context - The reconciliation bill is back in the House with a deadline, aiming to pass legislation similar to what the House initially sent [1] - The bill is considered a "big beautiful bill" that is generational and historic, aligning with Donald Trump's agenda [1] - The legislation is framed as "the Americans, the people's bill" [1]