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]

Healthcare & Policy - The bill under discussion is projected to cut healthcare for millions of people, potentially leading to 17 million individuals losing their healthcare coverage [3][6][10] - The proposed legislation could result in \$1 trillion in cuts to healthcare, impacting working families across the country [6][10] - Rural hospitals and nursing homes may face shutdowns due to the bill's provisions [7][11] - Changes to Medicaid are being framed as "minutia" despite representing a significant cut to healthcare [6] Taxation & Economic Impact - The bill includes tax breaks primarily benefiting the wealthy and large corporations, with potential temporary benefits for working families [7][14] - The discussion includes maintaining the 2017 tax cuts, which could disproportionately favor higher-income individuals [12][14] Political Strategy & Midterm Elections - Democrats intend to hold Republicans accountable for the bill in the 2026 elections, framing it as a broken promise to lower costs [4] - Republicans are accused of prioritizing tax cuts for the wealthiest while undermining programs that support working families [7] - The Democratic Party emphasizes the importance of strong candidates who focus on issues relevant to their voters [21][22]

All right, Ryan, I know that there are some Republicans who say they are concerned about this bill, but what is the likelihood this party is not going to end up getting behind it. Well, listen Katie, uh there is a very simple rule uh that you can basically take to the bank when you are watching things play out on Capitol Hill, and that is if you are staring at the C-SPAN screen and it is just numbers on the screen and no one voting, that means they don't have the votes. And that's exactly the posture that w ...

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 ...

Let's bring in Democratic Congressman Brendan Bole from Pennsylvania, who you just saw in that shot. As a matter of fact, ranking member of the House Budget Committee. Uh, Congressman Norman seems to be arguing that if Republicans knew everything that was in this bill, they might not be so quick to vote yes.On the other hand, there is an argument to be made. It's almost impossible not to know if you're on Capitol Hill what the main points of contention are, right. At the very least.But is there, do you thin ...

Fed chair Jay Powell said yesterday that President Trump's tariffs had lifted inflation forecasts and were keeping rates on hold. Joining us now for more on the Fed and the US economy, David Malpass, former World Bank president and now distinguished fellow of international finance and inaugural fellow of global business and infrastructure at Purdue's Business School. David, great to have you with us. Hi Melissa, good to be on. Um, where do you think rates would be had it not been for the tariffs? Would we b ...

Welcome back. The Republican domestic policy bill now heads to the House as the GOP races against a clock of their own making to try and get an approved final version on President Trump's desk by July 4th to sign into law. Speaker Mike Johnson said the Senate made more changes than he would have liked, but remains publicly optimistic.We knew the Senate would amend the House product. Uh I encouraged them to amend it as uh lightly as possible. They went uh a little further than uh than than many of us would h ...

It is day 163 of the second Trump administration and after a marathon voting session, the Senate narrowly passed the president's sweeping budget bill. The vote was 51 to 50 with Vice President J. Dance casting the break the tiebreaking vote because three Republicans, can you guess who they were? Susan Collins, Ran Paul, and Tom Tillis voted no. In the end, Lisa Marowski of Alaska, a very vocal critic of several provisions of this bill. She voted yes, but she said it was an agonizing decision. Our own Ryan N ...

Legislation Overview - The bill under discussion has undergone significant changes in the Senate, with concerns raised about members not having adequate time to review the alterations [3][4] - The House Republicans are reportedly rushing to meet a July 4th deadline to satisfy Donald Trump's desire for a symbolic signing, leading to expedited hearings without sufficient review time [15] - The process is criticized as being driven by Trump's influence, with House Republicans allegedly being pressured to vote in favor of the bill [6] Potential Impacts - Approximately 17 million Americans are at risk of losing their healthcare coverage due to Medicaid and Affordable Care Act cuts [9][10] - Around 45 million individuals may lose SNAP (Supplemental Nutrition Assistance Program) benefits because of the cuts included in the legislation [11] - Changes to student loan repayment programs are expected, potentially affecting individuals currently repaying their student loans [12] Political Dynamics - Some Freedom Caucus members and other Republicans are expressing opposition to the bill due to the Senate's changes [7] - There is skepticism about Republicans' stated opposition, with a history of members ultimately voting in favor of bills despite initial resistance [8] - The cuts are perceived as subsidizing tax cuts that primarily benefit the top 1% of the country [12] Social Implications - Reduced SNAP benefits could lead to children experiencing hunger, impacting their ability to concentrate and behave in school [18][22][23] - Poverty affects both urban and rural areas, with a significant portion of the impoverished population being white [19][20][21]

Legislation & Policy - The Senate passed a bill with a 51-50 vote, using budget reconciliation to bypass the 60-vote threshold [1] - Budget reconciliation requires the bill not to increase the deficit outside a 10-year window [1] - The bill extends tax cuts from 2017, which previously expired to comply with the 10-year window [2] - Concerns arise as the bill cuts taxes more than it cuts spending, potentially violating budget reconciliation rules [2] Financial Implications & Accounting - The bill's math relies on a 2025 baseline, when 2017 tax cuts are still in effect [3] - Republicans claim the bill will reduce the deficit by $57 billion over 10 years through tax cuts and Medicaid reforms [3] - Critics argue that the bill uses "fake math and accounting gimmicks" to conceal its true cost [4]