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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. ...
What's in President Trump's 'big beautiful bill'?
NBC News· 2025-07-01 02:26
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 ...
What’s in Trump’s ‘Big Beautiful Bill’? Tax cuts, safety net cut and military spending
NBC News· 2025-06-30 23:01
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 ...
X @The Wall Street Journal
Europe’s pledge to boost its military spending will help defuse a trans-Atlantic trade war, because much of the new money will go toward U.S. arms, one of the EU's top two officials said https://t.co/XelOGpycu7 ...
X @The Economist
The Economist· 2025-06-29 22:45
Europe plans to buy a lot more military kit in the years to come—and wants to make most of it at home. Whether more spending will help its manufacturing sector depends on a number of factors https://t.co/YdETrqfLTl ...
X @The Wall Street Journal
From @WSJopinion: America has long asked its European allies to spend more on their own defense. So the astonishing news out of this week’s summit is the near unanimity: NATO allies have agreed to devote 5% of their economies to military spending. https://t.co/LypEr2Q6ZU ...
X @The Economist
The Economist· 2025-06-27 11:04
As politicians sell the benefits of rearmament to voters, many will claim that military spending will bring economic gains as well as security. However tempting, such arguments are wrong https://t.co/rhGbT4pom2 ...
X @The Economist
The Economist· 2025-06-27 06:01
The rich world is spending big on defence. As politicians sell the benefits of rearmament to voters, many will claim that military spending will bring economic gains as well as security. However tempting, such arguments are wrong https://t.co/p518OaXrN2Illustration: Timo Lenzen https://t.co/99RK8uarce ...
X @Bloomberg
Bloomberg· 2025-06-27 04:44
For European countries that just approved the biggest increase in military spending in decades, “Buy American” is looking a lot less appealing than it once was. They may have no choice https://t.co/7QlKoZiO20 ...
NATO Summit: What to Expect, Defense Spending Goals
Bloomberg Television· 2025-06-24 06:24
Where do NATO's members stand. Get us up to speed on where different members of NATO stand on that defense spending and that target of 5%. Yeah.Tom It's worth just sort of noting this moment where we got to have 5%. You know, this is something that Donald Trump had sort of floated in his election campaign, his re-election campaign talking about NATO at 5%. This was basically, I wouldn't say quite laughed at, but completely rejected as a concept, totally unrealistic and basically something that the Nato and ...