Spending bill

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Sen. Tina Smith says she ‘will not vote for a spending bill that is not bipartisan’
NBC News· 2025-09-03 22:00
Gun Control & Public Safety - The discussion revolves around the tragic shooting at Annunciation Catholic Church in Minneapolis, highlighting the community's grief and the need to prevent such events in schools and communities [2][3][4] - Calls for action at the national level on gun control are emphasized, referencing Governor Walls' intention to call a special session [5] - The Bipartisan Safer Communities Act is mentioned as a prior effort, though insufficient, focusing on mental health care access and restricting dangerous individuals' access to firearms [7] - The senator highlights the stark contrast in gun violence rates between America and other developed countries, emphasizing the need for change [8] Healthcare & Government Oversight - The upcoming hearing with HHS Secretary Kennedy before the Senate Finance Committee is a focal point, particularly regarding the leadership shakeups at the CDC and the ousting of the CDC director [9] - Concerns are raised about RFK Jr's credibility and potential harm to the CDC due to his promotion of discredited theories about vaccines and anti-depressants [10][11] - Senator Cassidy's role in oversight is discussed, emphasizing his position on the Finance Committee and as chair of the Health Committee [13] - RFK's firing of the CDC head shortly after her confirmation is cited as an example of his untrustworthiness and disregard for established processes [14] Government Funding & Bipartisan Cooperation - Congress faces a deadline to pass a government funding bill by the end of the month, with Democrats critical of Republican-proposed cuts [15] - The senator emphasizes the need for bipartisan cooperation and warns against a "go it alone" strategy by Republicans, highlighting potential harm to constituents [16] - A commitment is made to not vote for a spending bill that is not bipartisan and does not address cuts to healthcare access [17] - Concerns are raised about potential actions by President Trump to roll back spending already authorized by Congress, referencing the previous government shutdown [18][19]
BREAKING: House passes President Trump's megabill
NBC News· 2025-07-03 19:03
Legislative Action & Political Landscape - The House passed President Trump's spending bill with a vote of 218 to 214 [1] - Only two Republicans voted against the bill: Thomas Massie (conservative) and Brian Fitzpatrick (moderate) [3][4] - The bill will now go to President Trump for signature, potentially with a signing ceremony on July 4th [2] - Democrats are planning to make the bill a major issue in the 2026 midterms, with attack ads already being prepared [7][8] Key Components of the Spending Bill - Includes an extension of the 2017 tax cuts [6] - Introduces new priorities such as no tax on tips and overtime [6] - Allocates additional funding for border security, including building the border wall and hiring new ICE agents [6] - Implements cuts to social safety net programs like Medicaid and food stamps [7] Potential Impact & GOP Strategy - GOP leadership is confident they can effectively message the bill and increase its popularity among Americans [8] - Republicans need to prepare for potential political fallout, particularly regarding Medicaid cuts [5]
Tax breaks for the wealthy are most important: Claire McCaskill reacts to spending bill
MSNBC· 2025-07-03 11:56
Legislation & Voting - The chamber voted 219 to 213 to adopt a rule governing debate on the legislation [1] - A group of hardline conservatives and moderate Republicans had combined forces to stall the bill [1] - Speaker Johnson held the vote open for 5 hours to garner support [1] - Republicans received a phone call from President Trump, influencing their vote [3] Bill Implications & Priorities - The bill prioritizes permanent tax breaks for the wealthy [5][7] - Limited help on tips and overtime is only for three years [6] - Deficits are not a priority for the Republican party when in power [6] - Tax breaks for the "little guy" are minimal and only last three years [7] Political Impact & Concerns - Veteran politicians are seemingly ignoring polls and listening to the White House [4] - Conservatives are voting for a bill that contradicts their principles due to fear of Donald Trump and the MAGA movement [9] - Primaries are a major concern for these politicians [9] - Massive cuts to Medicaid will disproportionately impact red/rural America after the next presidential election [10] - The bill is largely supported by the 25-30% of the country that strongly approves of Donald Trump [10] Budgetary Shifts - Republicans are seemingly willing to make ICE's budget larger than the FBI's budget [11][12]
House to vote on key procedural measure for Trump's spending bill
CNBC Television· 2025-07-02 18:33
Uh what can you tell us. What have we learned so far. Hey Kelly.Well, things are not looking great at this exact moment. So basically what house uh the House is doing right now is they are doing a vote. This is a three vote series that will ultimately tee up the the the process that will need be needed to then actually pass the Trump mega bill.So it's the vote before the vote. And what we're seeing right now is that there is a delay on the House floor at this point. 16 Republicans have not yet registered to ...
Tesla, Progress Software, Dyne Therapeutics And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Benzinga· 2025-07-01 13:00
Market Overview - U.S. stock futures are lower, with Dow futures down approximately 0.1% [1] - Tesla, Inc. shares fell sharply in pre-market trading, dropping 4.6% to $303.13 [2] Company-Specific Movements - Greenlane Holdings, Inc. saw a significant decline of 18.7% to $4.31 after a previous increase of 72% [4] - Dyne Therapeutics, Inc. shares decreased by 12.9% to $8.30 following a $200 million public offering announcement [4] - Insulet Corporation's stock dipped 6.7% to $293.03 in pre-market trading [4] - Progress Software Corporation fell 6.6% to $59.70 after releasing second-quarter results [4] - AeroVironment, Inc. shares dropped 5.5% to $269.20 after announcing a proposed $750 million common stock offering and $600 million in convertible senior notes due 2030 [4] - New Found Gold Corp. declined 4.2% to $1.36 in pre-market trading [4] - IREN Limited fell 4% to $14.00, achieving a mid-year target of 50 EH/s installed self-mining capacity [4]
'Fraud upon the American people': Trump officials claim spending bill will lower deficit
MSNBC· 2025-07-01 05:33
Fiscal Policy & Economic Impact - The Trump administration's spending bill is projected to increase the US deficit by $33 trillion [1] - White House officials claim the bill will protect and strengthen Medicaid for the needy, pregnant women, children, and sick Americans [2] - The administration projects 3% growth from the bill, adding $4 trillion to revenue, positioning it as a deficit reducer [2] - Economists criticize the GOP for using "accounting creative writing" to mask the $4 trillion cost of the tax bill [3] - The White House Council of Economic Advisers believes the bill will reduce the national debt, a claim considered absurd by some economists [8] Market & Investor Sentiment - Despite concerns about US debt, the stock market initially reacted positively to the bill [10] - The bond market is less enthusiastic than the stock market, and the dollar has performed poorly against other currencies [11] - Some believe the stock market's optimism is fueled by hopes that AI will change the world [11] Trade & Tariffs - Negotiations are slowing because President Trump threatens to impose more tariffs even after a deal [12] - No one has permission to make actual deals for the United States except for the president [13] - Imposing new tariffs upsets the apple cart and restarts negotiations from scratch [14] - The president could tear up trade agreements and demand new ones, undermining commitment [15] Immigration & Labor - The Trump administration is rethinking deportation policies for migrants working in industries like hospitality and agriculture [17] - The administration is considering a temporary pass for farm workers where farmers can have some control [18] - Uncertainty around immigration policies makes it difficult for farmers and hospitality companies to plan, as workers may not show up due to fear of ICE [22]
Trump pushes Senate GOP to pass massive spending bill
NBC News· 2025-06-28 23:55
staying in Washington tonight to help push the bill forward. Von Hillard is at the White House and Vaughn, the president set his own July 4th deadline. Is he planning to stick to it.Jose, it's notable that just yesterday, the president opened the door to being okay with this package not being sent to his desk until after that initial July 4th self-imposed deadline, almost foreshadowing this moment of uncertainty that is calling into deeper question the bill's fate. The White House has called this package a ...