To the president, it's gorgeous. We call it a great big beautiful bill cuz that's what it is. But to Democrats, an ugly betrayal.The bill before the Senate is out of poison. 940 pages that make up the foundation of President Trump's agenda. So what's actually in it.Start with tax cuts, a huge piece of this plan. As written, the bill would make the president's signature 2017 cuts permanent. The bill would also let people deduct more of their state and local income taxes for the next 5 years.And it would fulf ...

OF AMENDMENTS TO TRY TO SLOW THIS PROCESS DOWN BUT ULTIMATELY, IT WILL BE UP TO REPUBLICANS TO COME UP WITH THE VOTES TO MOVE THIS CLOSER TO PRESIDENT TRUMP'S DESK. TONIGHT, SENATE REPUBLICANS DASHING TO DELIVER PRESIDENT TRUMP'S BIG BEAUTIFUL BILL TO HIS DESK BY JULY 4th. >> THIS IS GOING TO BE THE LARGEST TAX CUT FOR AMERICANS IN OUR HISTORY.>> Reporter: BUT DEMOCRATS LOOKING TO DELAY IT ON AMENDMENTS LIKELY TO BE VOTED DOWN. >> HOW DO YOU FEEL ABOUT IT SO FAR. >> IS GOING TO BE A LOT OF AMENDMENTS.AND UL ...

V i e w p o i n t | 27 Jun 2025 09:59:52 ET │ 10 pages Global Economics Shock simulation: Simultaneous US tariffs and tax cuts CITI'S TAKE In this edition, we model the combined effect of US tariffs and US tax cuts. We simulate an effective US tariff rate of around 15%, coupled with tax cuts worth 1% of GDP. The tax cuts offset much of the initial downturn in GDP caused by the increase in tariffs. Revenues from the latter are balanced by revenue losses from the former, resulting in a negligeable net budgeta ...

The battle over President Trump's so-called big beautiful bill. Elon Musk once again slamming it. Ryan Nobles is tracking all the developments for us from the Hill.And Ryan, Democrats are also pulling out all the stops tonight to try and delay it. That's right, Tom. Democrats are offering up a series of amendments to try and slow this process down.But ultimately, it will be up to Republicans to come up with the votes to move this bill closer to President Trump's desk. Tonight, Senate Republicans dashing to ...

To the president, it's gorgeous. We call it a great big beautiful bill because that's what it is. But to Democrats, an ugly betrayal.The bill before the Senate is out of poison. 940 pages that make up the foundation of President Trump's agenda. So what's actually in it.Start with tax cuts. A huge piece of this plan. As written, the bill would make the president's signature 2017 cuts permanent.It's been an amazing experience. The bill would also let people deduct more of their state and local income taxes fo ...

Senate Republicans are moving forward with a plan to mask the $3.8 trillion cost of extending expiring tax cuts on behalf of Donald Trump: Here’s your Evening Briefing https://t.co/g1oU7BqKVc ...

The Senate’s version of Donald Trump’s tax cut bill will cost the bottom 20% of taxpayers an average of $560 a year while giving an average boost of $6,055 to those at the top end https://t.co/Aw1I2ANb9d https://t.co/1qXS1S50tR ...

We owe it to the states to do the work to understand how these proposals affect them. How hard is that. I did it.How hard is it. I'm telling the president that you have been misinformed. You supporting the Senate mark will hurt people who are eligible and qualified for Medicaid.Hi again everyone. I'm Elisi Menendez in for Nicole Wallace and it is five o'clock here in Washington DC where the voterama taking place in the Senate is still underway on that massive domestic spending bill. A bill that would drasti ...

Joining us now, New York Times chief White House correspondent and MSNBC political analyst Peter Baker. Help me explain why Republicans are pushing this bill given the 2 to1 ratio about people liking it or not liking it. Given that impassion speech you just heard from Tom Tillis, um why are they going through with this.Well, look, obviously the tax cuts are a major major focus for President Trump. it. He considers it to be his uh signature domestic priority.After having passed his first term, he has to keep ...

All right, we're looking at the Senate floor. More than five hours now into what we call the voterama over President Trump's massive multi-t trillion dollar policy agenda. Makes it sound a lot more fun than it is.Joining us now is Connecticut Democratic Senator Chris Murphy. Um I don't know. Is it Is it fun.Are you having a great time, Senator. No. This sucks.I mean, we're we're debating a bill that's going to cut healthcare for 16 million people. It's going to give a tax break to, you know, massively wealt ...