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‘Completely beatable’: Dems go on offensive over unpopular Republican budget
MSNBC· 2025-07-05 00:39
Good evening from New York. I'm Chris Hayes back with you on this very, very, very special Independence Day edition of All-In. We are very glad you're here. We're glad to be here as well.It is a day for family and food celebrations and also in this era protests from Worcester, Massachusetts to Sue City, South Dakota, from Palm Bay, Florida to Tustin, California. Americans celebrated the nation's birthday by once again demonstrating against the Trump administration and protests scheduled all over the country ...
'Not hyperbole': Trump’s 'popular' law is actually the most unpopular in 30 years
MSNBC· 2025-07-04 23:20
Well, it's only been a law for a few minutes now. Few dozen minutes, an hour, two hours, something like that. But here's something we already know about Donald Trump's big reconciliation bill.It is one of the most unpopular acts of Congress in recent history. This is not hyperbole and this is me not just, you know, articulating my hunches. That is according to data gathered by Georgetown political scientist Christopher Warshaw.Warsaw found that Trump's big beautiful bill is the second most unpopular piece o ...
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Investopedia· 2025-07-04 23:00
In an event held on the White House lawn on the Independence Day holiday, President Donald Trump signed a bill that would provide tax breaks and cut Medicaid and SNAP programs. https://t.co/q3hg6ICr9n ...
‘Lipstick on a pig’: Trump signs megabill into law
MSNBC· 2025-07-04 22:35
Good evening from New York. I'm Chris Hayes. Happy 4th of July. I hope you're enjoying it. We have a special two-hour superersized, super patriotic show for you tonight. Just before you joined us in the last half hour, President Donald Trump signed the big bill in the Oval Office. He calls it beautiful. The American people don't seem to agree. A bill that is so wildly unpopular, it screws many of the people who voted for Trump. And still, no one could really muster like a good actual affirmative account for ...
The backlash begins: Republicans heading home from D.C. face local protests over Trump bill
MSNBC· 2025-07-04 04:45
Government Policy & Legislation - Every president aims to address a significant problem in their first year, often related to campaign promises or unforeseen crises [1][2] - Past presidents like Obama and Biden focused on solving economic crises, healthcare access, and infrastructure needs through legislative action [2][3][4][5] - The report questions the problem that Trump's legislation aims to solve, suggesting it disproportionately benefits the wealthy at the expense of working people [7][8] Economic Impact & Social Welfare - Trump's legislation is criticized for potentially removing healthcare coverage from 17 million people and cutting food stamps for millions more [9][10] - The legislation includes over $4 trillion in tax cuts for corporations and the wealthiest individuals [10] - The bill is expected to negatively impact many of the voters who supported Trump, particularly those relying on Medicaid [12] Public Opinion & Political Response - Many Americans are unaware of the details of the bill, including Medicaid cuts [13] - As people learn more about the bill, opposition increases, leading to protests across the country [14][15][16][17][18] - Efforts are underway to hold Republicans accountable for their votes in favor of the bill, emphasizing its negative impact on their constituents [19][20]
'The pain that is about to come': The reality of Trump's megabill takes hold
MSNBC· 2025-07-04 04:35
It is 165 days. Yes, it's day 165 of the second Trump administration. And President Donald Trump has gotten his wish. After plenty of infighting, Republicans in Congress passed his gargantuan budget bill full of tax breaks, spending that will supercharge the debt, and cuts that will kick millions of Americans off of their health insurance. My colleague Ryan Nobles gets us started tonight. Tonight, a major victory for the Donald Trump agenda. The motion is adopted. The House passing his multi-trillion dollar ...
Trump’s Bill Passed: The Tax and Spending Updates, Explained | WSJ
The Wall Street Journal· 2025-07-04 04:23
Tax Policy Changes - Extension of 2017 tax cuts, initially set to expire at the end of 2025 [1][2] - Child tax credit increased to $2,200 and indexed to inflation [2] - Estate tax exemption increased to $15 million per person [2] - Elimination of tax credits for electric vehicles and clean energy purchases after September 30th [3] - State and local tax deduction capped at $10,000, with a temporary increase to $40,000 for certain income levels [3][4] - Potential $25,000 deduction for tipped workers, but payroll taxes still apply [4] - Deduction for seniors of $6,000 per person for those ages 65 and up [6] Government Spending and Budget Impact - Increased funding for agencies like ICE, Customs and Border Protection, Homeland Security, the Defense Department, and Missile Defense [7] - Medicaid work requirements implemented, projected to save $326 billion through 2034 [8][9] - Changes to premium tax credits under the Affordable Care Act, potentially leading to 11 million fewer people with health insurance by 2034 [10] - Creation of a $50 billion rural healthcare fund to address changes in healthcare access [11] - Projected increase in the deficit by $3.4 trillion over the next 10 years (through 2034) [13] Economic Impact and Political Considerations - Republicans argue that economic growth from tax cuts and deregulation will offset the deficit increase [15] - Economists express concerns about the drag of budget deficits on the economy, potentially leading to higher interest rates and increased debt [15] - Potential for Democrats to delay or change tax cuts if they win the House majority [12]
The Last Word With Lawrence O’Donnell - July 3 | Audio Only
MSNBC· 2025-07-04 04:15
NOW IT'S TIME FOR THE LAST WORD WITH ALI VELSHI HOSTING. GOOD EVENING, ALI. WHAT AN EXCELLENT SHOW.THANK YOU, MY FRIEND. I APPRECIATE THAT. I HOPE YOU GET A LITTLE BIT OF A BREAK THIS WEEKEND.YOU TOO, HARDEST WORKING MAN IN THE BUSINESS. I HOPE YOU DO TOO AT SOME POINT, AT SOME POINT. THANKS, HAVE A GREAT WEEKEND.WE'LL SEE YOU NEXT WEEK. SOUNDS GOOD. THANKS.WELL, REPUBLICANS KNEW IT WAS BAD. THEY SAID SO ON THE RECORD INTO MICROPHONES AT CLOSED DOOR MEETINGS. REPUBLICANS KNEW THAT THE BILL WOULD HURT MILLIO ...
‘Swag bag’: Trump reportedly won over GOP holdouts with signed merch
MSNBC· 2025-07-04 01:05
Good evening from New York. I'm Chris Hayes. Well, Donald Trump got his bill.It's unclear whether he understands what's in it, but he got his bill. Republicans got on board. And now all that is left for those opposed to this monstrosity is to make the Republicans who voted for it pay a political price.Just hours ago, House Republicans voted by a very thin margin to approve Donald Trump's deficit busting, Medicaid slashing omnibus MAGA bill. Trump's expected to sign it into law tomorrow, the 4th of July, in ...
House passes major policy bill in win for Trump’s agenda
NBC News· 2025-07-04 00:30
[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. ...