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BREAKING: The House votes to pass Trump's megabill
MSNBC· 2025-07-03 19:26
WHERE VAUGHN WAS TALKING ABOUT. SO I SPENT A LOT OF TIME WITH HIM ON THE CAMPAIGN IN. >> THE CHAMBER.RIGHT NOW, I'M BEING TOLD. >> SO NOW YOU SEE THE SPEAKER ANNOUNCING THE FACT. >> THE MOTION IS ADOPTED.>> USA. >> USA, USA, USA, USA, USA, USA. >> WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID ON THE TABLE.>> AND LOOK, THIS IS HOW IT WAS GOING TO PLAY OUT. THEY'RE GOING TO DO A MOTION TO RECONSIDER, WHICH IS A PROCEDURAL STEP HERE THAT DEMOCRATS ARE GOING TO TRY TO SAY, HEY, WAIT A SECOND, WE DON'T WAN ...
Republicans scramble to pass Trump’s megabill as public support for bill plummets 
MSNBC· 2025-07-02 21:02
After a nailbiter in the Senate, now Republicans in the House face their own pick your poison moment. At this hour, the House is at a standstill ahead of a final vote to pass Trump's sweeping domestic policy bill. Whether Republicans have the votes to pass it, that is an open question.Speaker Mike Johnson can only afford three Republican no votes given unified and unanimous Democratic opposition to that bill. Here's House Democratic Leader Hakee Jeff. That's what we are going to do.Show up today. Show up to ...
'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 ...
OMB Director Russell Vought responds to Elon Musk's criticisms of Trump's mega-bill
CNBC Television· 2025-07-01 20:50
Fiscal Policy & Budget Bill Overview - The Senate passed a budget bill with Vice President Vance's tie-breaking vote, now heading back to the House [1][2] - The administration aims to get the bill to President Trump's desk by the end of the week, emphasizing the importance of adhering to the President's timeline [2][3] - The bill represents the entirety of the first year's agenda for the President, marking a significant step forward not seen in 30 years [9] Disagreement on Fiscal Impact - The Committee for Responsible Federal Budget estimates the bill will add over $4 trillion to the national debt through 2034, exceeding the House-passed bill by $1 trillion [4] - The Office of Management and Budget (OMB) argues that external fiscal watchdogs are using artificial baselines by not assuming current tax relief [4][5] - Critics, including Elon Musk and some Republican lawmakers, express concerns that the bill will balloon the deficit and increase the debt [7][8] Mandatory Savings & Deficit Reduction - The bill includes $1.6 trillion in mandatory savings, which the OMB claims more than offsets additional tax relief and spending, resulting in net deficit reduction [6] - The $1.6 trillion in mandatory savings is described as historic, more than doubling the $800 billion seen in 1997 [6] - The administration emphasizes the bill's fiscal responsibility, citing border security, defense spending, and tax relief [9]
X @Bloomberg
Bloomberg· 2025-07-01 12:59
RT Bloomberg Opinion (@opinion)@skgreen @MaryEllenKlas @DavidMDrucker “People get upset because the national debt is up to $37 trillion, and the bond markets are jittery and interest rates are high,” says @DavidMDrucker. But nobody wants to do anything about entitlements.Tune in for more 🎥https://t.co/X7WR4OX8dP ...
Republicans have failed to explain the 'why' of this bill: Former Gov. Kasich
MSNBC· 2025-07-01 11:57
moment. Um, Governor Caseasich, I want to start with you as a lifelong principled conservative, a guy who ran a state who understands the impact of a lot of the stuff, a lot of the cuts that are being talked about in this package, particularly to Medicare and to Medicaid and what that might do to rural hospitals. Um, when you look at a bill this big with this much in it, how do you feel as a guy who served on the Hill, but also as a guy who ran a state.Well, first of all, I was chairman of the budget commit ...
X @Elon Musk
Elon Musk· 2025-07-01 11:13
RT Mario Nawfal (@MarioNawfal)THE $37 TRILLION TIME BOMBTake a look at U.S. national debt from 1900 to 2020. Flat for nearly a century…then boom - exponential since the '80s.Now it's over $37 trillion!!At some point, the curve has to flatten. If not by choice, then by crisis.Because all debt gets paid - either through inflation, taxes, or broken promises.Time for D.C. to stop spending like there’s no tomorrow...because tomorrow’s looking expensive. ...
Republicans struggle to find path to passage for Trump's big bill
MSNBC· 2025-07-01 11:00
We're going to pass this bill one way or the other. And I have prevailed upon my Senate colleagues to please, please, please as close to the House product as possible. Please, please, please.House Speaker Mike Johnson pleading with the Senate to keep its version of President Trump's mega bill as close as possible to what the House passed back in May. Good morning. Welcome to Morning Joe.It is Tuesday, July 1st. I'm Willie Gist. Great to be back with you.The Senate is nearly a full day now into a voterama, a ...
‘They're lying about it!’: Dem senator on GOP tax bill
MSNBC· 2025-07-01 02:45
Hammy Baldwin of Wisconsin taking a break from voterama. Senator Baldwin, are there any Republicans that are going to vote no this evening. The It remains to be seen.And if you can believe it, I believe they are still writing portions of this bill because they are discovering based on the massive input from constituents across the country that this bill is deeply unpopular. Turns out that people don't like uh bills that cut 17 million people off of their health care. And people don't like the idea of taking ...
GOP Pushes to Meet July 4 Goal to Finish Tax Bill | Balance of Power: Late Edition 6/30/2025
Bloomberg Television· 2025-06-30 23:44
>> THIS IS BALANCE OF POWER, FROM WASHINGTON, D. C. >> TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO BALANCE OF POWER.I'M ON CAPITOL HILL. TONIGHT, BOOM OR BUST FOR THE LONG PROMISED TAX BILL IN THE SENATE. TRUMP: TODAY I SIGNED THIS BILL UNTIL ALMOST EVERY MAJOR PROMISE MADE IN THE CAMPAIGN ALREADY WILL HAVE BECOME A PROMISE KEPT.>> I AM CONFIDENT THE BILL WILL PROGRESS, AS IS OVER THE NEXT FEW HOURS AND IT WILL BE ON THE PRESIDENT'S DESK TO SIGN ON JULY 4. >> IF SENATE REPUBLICANS WILL NOT TELL AMER ...