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 ...

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]

National Debt & Bond Market - The US national debt has reached $37 trillion [1] - Bond markets are jittery and interest rates are high [1] Entitlements - Nobody wants to address the issue of entitlements [1]

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 ...

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. ...

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 ...

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 ...

>> 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 ...

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 ...

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 ...