Jul 04 WATCH: Trump delivers remarks before signing tax and spending cuts megabill at White House By Darlene Superville, Nicholas Riccardi, Associated Press The Congressional Budget Office estimates the package will add $3.3 trillion to the deficit over the decade and 11.8 million more people will go without health coverage. Continue reading
Jul 04 World shares are mostly down as Trump’s tariff deadline looms, while U.S. stocks set records By Associated Press Many of Trump’s stiff proposed taxes on imports are currently on pause, but they’re scheduled to kick in next week unless Trump reaches deals with other countries to lower them. Continue reading
Jul 04 Democrats see Trump’s megabill as key to their comeback. It may not be so easy By Steve Peoples, Hannah Fingerhut, Associated Press For many Democratic leaders, the tax break and spending cut package passed by Trump's Republican allies in Congress on Thursday represents the key to the Democratic Party's resurgence. Continue reading
Jul 04 Trump says he didn’t know an offensive term he used in a speech is considered antisemitic By Michelle L. Price, Associated Press President Donald Trump told reporters early Friday after returning from an event in Iowa that he had “never heard it that way” and “never heard that” the term was considered an offensive stereotype about Jews. Continue reading
Jul 03 WATCH: Trump speaks at Salute to America event at Iowa State Fairgrounds By Darlene Superville, Hannah Fingerhut, Associated Press President Donald Trump turned a heartland festival for the United States' upcoming 250th anniversary into a celebration of himself, basking in a crowd of supporters Thursday night shortly after Congress approved tax cut legislation that he championed. Continue reading
Jul 03 Watch 7:47 House gives Trump a win as his big tax bill overcomes weeks of tense negotiations By Lisa Desjardins, Doug Adams, Kyle Midura The so-called "One Big, Beautiful Bill" overcame thin Republican majorities and weeks of tense negotiations, just meeting the president's self-imposed Independence Day deadline. Congressional correspondent Lisa Desjardins takes us through the policy and politics of the GOP's signature bill. Continue watching
Jul 03 Watch 5:57 Why Republicans once staunchly opposed to Trump’s bill changed their minds By William Brangham, Shrai Popat For more on how Republicans, even those who were staunchly opposed to the so-called "One Big, Beautiful Bill," have since come around, William Brangham spoke with Sarah Longwell, a Republican strategist and publisher of The Bulwark. Continue watching
Jul 03 Watch 5:18 How businesses and manufacturers will benefit from Trump’s big bill By William Brangham, Azhar Merchant Among the big winners with President Trump's bill are corporations and small businesses. The bill would make permanent the tax breaks from his first term, expand provisions on expenses and itemizations and allow companies to deduct the cost of new… Continue watching
Jul 03 WATCH: Trump discusses House’s final passage of his big bill as he departs for Iowa By Associated Press GOP leaders worked overnight to pass Trump’s $4.5 trillion tax breaks and spending cuts bill, and the president himself leaned on a handful of skeptics to drop their opposition and send the bill to his desk to become law. Continue reading
Jul 03 Watch 5:13 Trump administration withholds billions in school grants for critical programs By Laura Barrón-López, Karina Cuevas Millions of children and working families will soon feel the impact of a funding freeze that will put a halt to key school programs. With very little explanation, the Education Department abruptly blocked the release of nearly $7 billion set… Continue watching