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Bloomberg· 2025-07-04 21:54
President Donald Trump signed his marquee tax and spending cuts bill, enshrining in law an extension of tax breaks as well as funds to crack down on illegal immigration https://t.co/kCExKocIXC ...
UnitedHealth Under Fire as Medicaid & Centene Bombshell Rattle Sector
ZACKS· 2025-07-04 15:00
Key Takeaways UNH faces pressure as Medicaid rolls shrink and key federal subsidies are poised for elimination. UNH's Medicare Advantage membership rose 6.3% in Q1 2025, continuing momentum from prior annual gains. CNC pulled 2025 guidance due to cost and enrollment issues, sending shares down 41.2% and hitting peers.UnitedHealth Group Incorporated (UNH) continues to face challenges amid a turbulent healthcare insurance landscape. The passage of the “One Big Beautiful Bill Act” through Congress, ready for ...
President Trump mega bill clears key hurdle
CNBC Television· 2025-07-03 14:46
President Trump's massive tax and spending cuts bill is set up for a final passage vote. That said, House Minority Leader Hakee Jeff has been holding up the vote by speaking against the bill for about five hours now. Let's go to Emily Wilkins on Capitol Hill for the latest.So much drama, Emily. So much Sarah. I mean it, hey, it's a big drill bill. It's got big drama attached.Look, but the House is going to be passing this bill as soon as Jeff is done speaking. We know this because earlier this morning, we s ...
Rep. Hakeem Jefferies delivers final speech before GOP bill passes house
CNBC Television· 2025-07-03 13:34
Let's get to uh President Let's let Jim think about that for a while. And uh let's talk about President Trump's massive tax and spending cuts. Bill, of course, set up for a final passage vote.Overnight, Republicans did clear a procedural hurdle. The legislation is now advancing this after a group of GOP holdouts. Well, they changed their minds.They voted in favor. House Minority Leader Hakee Jeff uh has been at the podium for quite some time speaking uh out against the bill. He's at around the 4hour mark no ...
Trump Tax Bill Faces GOP Resistance Ahead of House Vote
Bloomberg Television· 2025-07-02 10:49
The big, beautiful bill hitting some resistance in the House as lawmakers returned to Washington to vote on the Senate's version of the legislation. Joining us now from Washington is Bloomberg's Tyler Kendal. Now, Tyler, Speaker of the House Mike Johnson making this sound quite straightforward.I imagine this is not going to be straightforward through the next 24 hours. Yeah. Hey, Jon.Good morning. This is by no means a done deal, but we are only expecting President Trump to ramp up the pressure from here, w ...
What’s in the Trump Tax Bill That Just Passed the Senate #politics #shorts
Bloomberg Television· 2025-07-01 20:37
On this vote, the yays are 50, the nays are 50. The Senate being evenly divided, the vice president votes in the affirmative. The bill as amended is passed.We're here on Capitol Hill where the Senate just passed President Trump's reconciliation package on a 51-50 vote with Vice President JD Vance casting the tiebreaker. The plan combines $4.5% trillion in tax cuts with $1.2% trillion in spending cuts. Senate Republicans were broadly in agreement about the main pillars of the bill, including when it came to ...
Trump Tax Bill: Divided Senate GOP Struggles to Gather Votes
Bloomberg Television· 2025-07-01 10:08
Tyler how likely doesn't look done that the senators can get this vote through in the early hours of this morning. Yeah. Hey, Dani.Good morning. Well, they would certainly like to because they've been there since 9 a. m.Eastern yesterday. But the thing is, Senate Majority Leader John Thune at the moment still does not have the votes. And we're still watching closely the same eight Republican holdouts that we've been discussing at this point for weeks.And the issue is, is that they broadly do agree about the ...
Trump Tax Bill Faces GOP Pushback as Vote Marathon Looms
Bloomberg Television· 2025-06-30 12:09
Just how strong is this pushback from the Republican Party over the weekend. Yeah. Hey, Jon.Good morning. Well, we know at least two Republicans who are likely no's, and that could serve a problem for Senate Majority Leader John Thune, because he can really only afford to lose one more before he has to call in Vice President J. D.Vance to cast a tie breaking vote. Now, one of them we just heard from that Senator Thom Tillis, a Republican from North Carolina. He's raised concerns about changes to Medicaid, i ...