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Trump's megabill expected to cost $4.1T, according to new CBO estimate
MSNBC· 2025-08-05 11:38
Because the Congressional Budget Office now estimates that President Trump's mega bill will add more than$4 trillion dollars to the national debt over the next 10 over the next decade, some 700 billion more than previously projected. The CBO director sent the updated analysis to ranking member of the Senate Budget Committee, that's Democratic Senator Jeff Mkeley of Oregon yesterday, writing that because the bill's red ink is not offset by more spending cuts or new revenue, the legislation will drive up borr ...
X @The Economist
The Economist· 2025-07-30 18:01
Young children who receive SNAP live longer, earn more and stay out of jail at greater rates than those who do not. Yet big changes to the food-benefit programme are coming https://t.co/vdMSBpG0Il ...
X @The Economist
The Economist· 2025-07-29 17:20
Young children who receive SNAP live longer, earn more and stay out of jail at greater rates than those who do not. Yet big changes to the food-benefit programme are coming https://t.co/96htewHjRk ...
X @The Economist
The Economist· 2025-07-24 22:00
About 42m Americans use SNAP, formerly known as food stamps. With a reduction in federal funding, one state will be hit particularly hard https://t.co/08MM4YGtOMPhoto: Erin Schaff/The New York Times/Redux/Eyevine https://t.co/mkb9SqcorP ...
Scott warns GOP: Tax bill is ‘just breaking even’ — sell the good parts
MSNBC· 2025-07-21 12:54
National Republican Senatorial Committee Chair Tim Scott is warning that the polling on President Trump's so-called big beautiful bill is just breaking even. Those are his words. New reporting from Semaphore says Scott is urging colleagues to promote pieces of the Republicans's new tax and spending law rather than the proposal writ large to help boost popularity with the public. The bill includes massive tax cuts as well as extra spending on defense and stricter immigration policies, but it attempts to offs ...
'The great tragedy' to Vance's 2028 campaign? Trump's megabill.
MSNBC· 2025-07-17 21:15
Joining us now, director of economics at the budget lab at Yale, Ernie Tedeski, and former Democratic congressman and vote senior adviser Max Rose. Denver is still with us. Mr.. Tedeski, tell me, um, when JD Vance goes and sells this bill, is he is he being honest about it by not laying out fully what it's going to mean for Medicaid? So, this bill is going to have costs and benefits to people. You know what we found at the budget lab was that if you just focus on the tax bill, um it's a major transfer of re ...
Rep. Brendan Boyle: “You need four Republican Senators to stand up and have the courage to vote, no”
MSNBC· 2025-07-14 10:46
Democratic Congressman Brennan Bole of Pennsylvania. He is the ranking member on the House Budget Committee. Congressman, thank you so much for joining us.Uh I remember that just a couple of months ago, this was a major story um that Trump was planning on or had been unilaterally anyway trying to defund uh public broadcasting, foreign aid. You've seen some um opposition from some Republican senators like Susan Collins, Lisa Marowski. What do you think the likelihood is that this actually gets through with l ...
'Incredibly cynical': Governor shreds Trump law for potential to cause 138,000 to lose Medicaid
MSNBC· 2025-07-11 13:07
Governors across the country are rushing to determine how President Trump's spending law will impact their own states. For instance, in Connecticut, the Congressional Budget Office estimates about 138,000 residents there could lose Medicaid coverage as a result of the legislation. Joining us now, Connecticut's Democratic Governor, Ned Lamont.Good to have you back on the show, Governor. Governor, thank you so much for being with us. I I'm I'm I'm I'm so concerned, Governor.You You look at the people that are ...
X @Bloomberg
Bloomberg· 2025-07-10 11:25
Trump's tax law gives billionaires a break right away — but buries brutal Medicaid and SNAP cuts until after the 2026 midterms, writes @MaryEllenKlas (via @opinion) https://t.co/k5efWDfqTz ...
‘The damage is permanent’: Dem Rep. warns of how Trump’s megabill will hurt everyday Americans
MSNBC· 2025-07-05 21:44
We made uh promises and it's really promises made, promises kept and we've kept them. This is a triumph of democracy on the birthday of democracy and I have to say that the people are happy. They're happy.President Trump taking a bit of a victory lap after the Republican controlled Congress narrowly passed his one big beautiful bill. And while Americans may benefit from certain parts of the legislation in the short term, it may be years before they feel the pain from some of its more controversial provision ...