Tag #Spending Bill

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abcnews.go.com

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Jul 2, 22:14

Senate Passes Trump's Tax Bill; House Vote Uncertain Amid GOP Divisions

The Senate passed President Trump's revised tax cut and spending bill, but its fate in the House remains uncertain due to GOP divisions over Medicaid cuts and increased deficits; the CBO estimates 11.8 million Americans could lose health insurance under the Senate version.

Senate Passes Trump's Tax Bill; House Vote Uncertain Amid GOP Divisions

The Senate passed President Trump's revised tax cut and spending bill, but its fate in the House remains uncertain due to GOP divisions over Medicaid cuts and increased deficits; the CBO estimates 11.8 million Americans could lose health insurance under the Senate version.

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What are the immediate consequences of the Senate's changes to the tax cut and spending bill, and how will they affect the House's decision?

The Senate passed a revised version of President Trump's tax cut and spending bill, but its future in the House is uncertain due to internal GOP divisions and significant changes from the original House bill. The CBO estimates 11.8 million Americans could lose health insurance under the Senate bill, three million more than under the House version. Several House Republicans have expressed concerns, particularly regarding Medicaid provisions and increased deficits.

dw.com

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Jul 1, 22:15

Senate Passes Controversial "One Big Beautiful Bill Act" Amidst Public Outcry

The US Senate passed the "One Big Beautiful Bill Act", including $4.5 trillion in tax cuts, increased defense and border security spending, and $1.2 trillion in Medicaid cuts projected to leave 12 million uninsured, prompting significant opposition and uncertainty regarding its House passage.

Senate Passes Controversial "One Big Beautiful Bill Act" Amidst Public Outcry

The US Senate passed the "One Big Beautiful Bill Act", including $4.5 trillion in tax cuts, increased defense and border security spending, and $1.2 trillion in Medicaid cuts projected to leave 12 million uninsured, prompting significant opposition and uncertainty regarding its House passage.

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What are the key provisions of the "One Big Beautiful Bill Act", and what are its immediate consequences?

The "One Big Beautiful Bill Act" passed the Senate with a tie-breaking vote from Vice President JD Vance. It includes $4.5 trillion in tax cuts, $150 billion for defense, and $175 billion for border security, offset by $1.2 trillion in Medicaid cuts. The Congressional Budget Office (CBO) projects 12 million people will lose health insurance due to these cuts.

theglobeandmail.com

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Jun 5, 19:13

Trump's Tax Bill: Winners and Losers

President Trump's tax-cut and spending bill, passed by the House, extends tax breaks for multinational corporations, increases defense spending, cancels green energy funding, and cuts Medicaid, adding $2.4 trillion to the national debt.

Trump's Tax Bill: Winners and Losers

President Trump's tax-cut and spending bill, passed by the House, extends tax breaks for multinational corporations, increases defense spending, cancels green energy funding, and cuts Medicaid, adding $2.4 trillion to the national debt.

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How will the bill's provisions, such as reduced Medicaid funding and the cancellation of green energy incentives, affect specific companies and broader market sectors?

The bill's passage is projected to benefit defense contractors due to increased spending, while renewable energy companies face potential losses from cancelled green-energy funding. Conversely, domestic producers stand to gain from extended tax cuts and incentives for equipment investment and R&D.

tr.euronews.com

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Jun 4, 13:12

Musk Condemns Trump's Spending Bill, Predicting Unsustainable Debt

Elon Musk condemned President Trump's recently passed spending bill, which includes $350 billion for border security and expands tax cuts, citing a projected $2.5 trillion increase to the national debt and criticizing those who voted for it; this marks a significant shift from his past support of Tr...

Musk Condemns Trump's Spending Bill, Predicting Unsustainable Debt

Elon Musk condemned President Trump's recently passed spending bill, which includes $350 billion for border security and expands tax cuts, citing a projected $2.5 trillion increase to the national debt and criticizing those who voted for it; this marks a significant shift from his past support of Tr...

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What is the central conflict between Elon Musk and President Trump, and what are the immediate implications?

Elon Musk publicly criticized President Trump's spending bill, marking a sharp break from the president he helped elect in 2024. The bill, which passed the House narrowly last month, includes a massive $350 billion increase for border security, deportations, and national security, and expands tax cuts enacted during Trump's first term, alongside new cuts promised in his election campaign. Musk called the bill "ugly" and warned of unsustainable debt.

bbc.com

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May 23, 04:11

House Passes Sweeping Tax and Spending Bill

The House of Representatives narrowly passed a bill with extended tax cuts, increased Medicaid requirements, and a higher debt ceiling, sending it to the Senate for further consideration.

House Passes Sweeping Tax and Spending Bill

The House of Representatives narrowly passed a bill with extended tax cuts, increased Medicaid requirements, and a higher debt ceiling, sending it to the Senate for further consideration.

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How does the bill balance tax cuts with efforts to control federal spending?

This bill reflects a conservative agenda prioritizing tax cuts and fiscal responsibility, even at the cost of increased restrictions on social programs like Medicaid and SNAP. These changes aim to offset the financial impact of tax cuts by increasing eligibility requirements for social benefits.

cnnespanol.cnn.com

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May 22, 16:14

House Passes Trump's Tax and Spending Cuts Bill

The House of Representatives passed President Trump's tax and spending cut package by a vote of 215-214 on Thursday, including cuts to Medicaid and food stamps and making permanent individual income tax cuts, after intense negotiations and despite internal Republican divisions; the bill now moves to...

House Passes Trump's Tax and Spending Cuts Bill

The House of Representatives passed President Trump's tax and spending cut package by a vote of 215-214 on Thursday, including cuts to Medicaid and food stamps and making permanent individual income tax cuts, after intense negotiations and despite internal Republican divisions; the bill now moves to...

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What were the immediate consequences of the House passing President Trump's tax and spending cuts bill?

The House of Representatives passed President Trump's tax and spending cut package by a vote of 215-214. This bill includes cuts to Medicaid and food stamps, while making permanent individual income tax cuts from the 2017 Tax Cuts and Jobs Act. The bill now faces an uncertain future in the Senate.

es.euronews.com

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Jul 2, 04:11

Senate Passes Trump's Tax and Spending Bill, Facing House Hurdles

The US Senate narrowly approved President Trump's tax and spending bill, 50-50, with the Vice President's tie-breaking vote; the bill, including $4.5 trillion in tax cuts and $1.2 trillion in spending cuts, now moves to the House, facing further challenges and projected to increase the deficit by $3...

Senate Passes Trump's Tax and Spending Bill, Facing House Hurdles

The US Senate narrowly approved President Trump's tax and spending bill, 50-50, with the Vice President's tie-breaking vote; the bill, including $4.5 trillion in tax cuts and $1.2 trillion in spending cuts, now moves to the House, facing further challenges and projected to increase the deficit by $3...

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How will the proposed cuts to Medicaid and food stamps impact different segments of the US population?

The bill includes $4.5 trillion in tax cuts, making permanent the 2017 Trump tax rates and adding new ones. However, it also includes $1.2 trillion in cuts to programs like Medicaid and food stamps, imposing work requirements and stricter eligibility criteria. The Congressional Budget Office (CBO) estimates that 11.8 million more Americans would be uninsured by 2034 if this bill becomes law, increasing the deficit by nearly $3.3 trillion over a decade.

bbc.com

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Jun 7, 04:10

Trump-Musk Feud Erupts Over Spending Bill

Elon Musk publicly criticized Donald Trump's proposed spending bill, leading to his resignation from a government advisory role and a bitter public feud involving personal attacks and threats to curtail space exploration projects.

Trump-Musk Feud Erupts Over Spending Bill

Elon Musk publicly criticized Donald Trump's proposed spending bill, leading to his resignation from a government advisory role and a bitter public feud involving personal attacks and threats to curtail space exploration projects.

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What triggered the public dispute between Donald Trump and Elon Musk, and what were the immediate consequences?

The public disagreement between Donald Trump and Elon Musk escalated rapidly over a proposed spending bill. Musk criticized the bill's increased spending, leading to his resignation from his government role and a series of public attacks on Trump via social media. Trump responded by dismissing Musk's concerns and suggesting the billionaire was mentally unstable.

gr.euronews.com

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Jun 4, 16:14

Musk Denounces Trump's Spending Bill, Marking Sharp Political Break

Elon Musk publicly denounced Donald Trump's recently passed spending bill, calling it "insane" and warning of a dramatically increased budget deficit, marking a significant rift in their relationship; the bill includes $350 billion in increased spending and tax cuts adding nearly $3.8 trillion to th...

Musk Denounces Trump's Spending Bill, Marking Sharp Political Break

Elon Musk publicly denounced Donald Trump's recently passed spending bill, calling it "insane" and warning of a dramatically increased budget deficit, marking a significant rift in their relationship; the bill includes $350 billion in increased spending and tax cuts adding nearly $3.8 trillion to th...

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What is the immediate impact of Elon Musk's public criticism of Donald Trump's spending bill on the political landscape?

Elon Musk, a former supporter of Donald Trump, strongly criticized Trump's recently passed spending bill, which includes a significant increase in government spending and tax cuts. Musk called the bill "insane" and warned that it would dramatically increase the budget deficit. This marks a sharp break in Musk's relationship with Trump, as he had previously supported Trump's campaign.

dailymail.co.uk

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Jun 3, 01:12

Leavitt Attacks Paul Over GOP Spending Bill, Citing $4 Trillion Tax Hike

White House Press Secretary Karoline Leavitt attacked Senator Rand Paul (R-KY) for opposing the GOP spending bill, warning of a $4 trillion tax hike; Paul countered that the bill's increased spending exceeds projected savings and inflates border wall costs, exacerbating the national debt.

Leavitt Attacks Paul Over GOP Spending Bill, Citing $4 Trillion Tax Hike

White House Press Secretary Karoline Leavitt attacked Senator Rand Paul (R-KY) for opposing the GOP spending bill, warning of a $4 trillion tax hike; Paul countered that the bill's increased spending exceeds projected savings and inflates border wall costs, exacerbating the national debt.

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What are the key arguments for and against the GOP spending bill, and what are the potential consequences of its passage or failure?

White House Press Secretary Karoline Leavitt criticized Republican Senator Rand Paul for opposing the GOP spending bill, claiming it would result in a $4 trillion tax increase. Senator Paul countered that the bill's math is flawed, citing inflated border wall costs and excessive military spending.

edition.cnn.com

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May 22, 16:14

House Passes Trump's Tax and Spending Bill After Tense Vote

The House of Representatives narrowly passed President Trump's sweeping tax and spending cuts bill (215-214) early Thursday morning, after intense negotiations and concessions by Speaker Mike Johnson, including changes to Medicaid work requirements and the SALT cap; the bill's future in the Senate i...

House Passes Trump's Tax and Spending Bill After Tense Vote

The House of Representatives narrowly passed President Trump's sweeping tax and spending cuts bill (215-214) early Thursday morning, after intense negotiations and concessions by Speaker Mike Johnson, including changes to Medicaid work requirements and the SALT cap; the bill's future in the Senate i...

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What were the immediate consequences of the House's passage of President Trump's tax and spending cuts bill?

The House of Representatives passed President Trump's tax and spending cuts bill by a vote of 215-214, a narrow victory for Speaker Mike Johnson and President Trump. The bill includes tax breaks, border security funding, and cuts to Medicaid and food stamps. Several Republicans opposed the bill, but ultimately, it passed after intense negotiations and concessions.

foxnews.com

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May 20, 16:11

Trump Pushes Republicans to Pass Controversial Bill Amidst Party Divisions

President Trump urged House Republicans to pass his bill, which includes an anti-abortion measure and faces internal party divisions over spending and tax cuts, with a projected $3.3 trillion debt increase over ten years.

Trump Pushes Republicans to Pass Controversial Bill Amidst Party Divisions

President Trump urged House Republicans to pass his bill, which includes an anti-abortion measure and faces internal party divisions over spending and tax cuts, with a projected $3.3 trillion debt increase over ten years.

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What are the potential long-term economic and political consequences of passing Trump's bill?

The bill's passage faces significant hurdles, including internal Republican divisions and potential Senate challenges. The late-night House Rules Committee vote and the anti-abortion measure suggest a rushed and potentially divisive legislative process, with significant long-term fiscal implications.

Showing 13 to 24 of 58 results