Podcasts about budget bill

Thursday July 10, 2025 Senate Votes to Remove AI Moratorium from Budget Bill

Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what we need to know about Trump’s Big Beautiful Bill. Terry explains what the bill does, what it doesn’t do, and to clear up confusion about taxes and social security benefits. And as always, Terry answers all of your financial questions. And John and Terry […]

Attorney Rae Kaplan of Kaplan Law Firm joins John Williams to talk about how Trump’s Big Beautiful Bill will impact your student loans. Rae breaks it all down and answers all of your student loan and debt relief questions.

Attorney Rae Kaplan of Kaplan Law Firm joins John Williams to talk about how Trump’s Big Beautiful Bill will impact your student loans. Rae breaks it all down and answers all of your student loan and debt relief questions.

Renee Shaw hosts a discussion about changes in Medicaid. Guests: State Senator Julie Raque Adams (R-Louisville); Mark Birdwhistell, senior vice president for health and public policy, University of Kentucky; Nancy Galvagni, president of the Kentucky Hospital Association; Dustin Pugel, policy director at the Kentucky Center for Economic Policy; and Anne-Tyler Morgan, healthcare law attorney.

Attorney Rae Kaplan of Kaplan Law Firm joins John Williams to talk about how Trump’s Big Beautiful Bill will impact your student loans. Rae breaks it all down and answers all of your student loan and debt relief questions.

Episode 620: Neal and Kyle explain what the Trump budget bill's impact on taxes will be. Then, Lululemon is suing Costco over dupe clothes and teenagers are having trouble finding work this summer. Then Neal and Kyle share their winners of the weekend, which include how to be "cool" and swimmers are back in the Seine. Finally, a look at the week ahead. Meet your local home loan expert at https://mortgagematchup.com/?utm_source=morning_brew&utm_medium=podcast Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here:⁠⁠ ⁠⁠https://www.swap.fm/l/mbd-note⁠⁠⁠⁠  Watch Morning Brew Daily Here:⁠⁠ ⁠⁠https://www.youtube.com/@MorningBrewDailyShow⁠

Today's Headlines: President Trump signed his sweeping budget bill into law. The law eliminates taxes on silencers and some firearms, adds new taxes on remittances, and includes bizarre provisions like $40 million for a MAGA statue garden and Trump-branded savings accounts for babies. It extends Trump's 2017 tax cuts, slashes Medicaid (projected to leave 12 million uninsured), defunds Planned Parenthood reimbursements, and guts food assistance while ballooning ICE's budget to over $100 billion. Elon Musk, furious over the bill's impact on his business, announced a vague new “America Party” as his teen protégé “Big Balls” was hired by the Social Security Administration. Meanwhile, 79 people died in sudden Texas floods, FEMA grant programs are quietly being withdrawn, and Kristi Noem is under scrutiny for accepting undisclosed payments from a nonprofit promoting her political ambitions. On the global stage, Trump's trade war deadline looms with only 3 of 90 deals finalized, and up to 70% tariffs threatened for non-compliant countries. Proximity talks between Israel and Hamas resume this week in Qatar, as Netanyahu visits the White House following Israel's rejection of Hamas's latest ceasefire demands. Resources/Articles mentioned in this episode: NBC News: Trump signs big tax cut and spending bill into law in July Fourth ceremony Axios: An increasing share of American adults are going hungry AP News: Musk to form a new political party after split with Trump over tax cuts law  Wired: ‘Big Balls' Is Now at the Social Security Administration  AP News: Death toll in central Texas flash floods rises to 79 as sheriff says 10 campers remain missing ProPublica: States Fear Critical Funding From FEMA May Be Drying Up ProPublica: Kristi Noem Secretly Took Personal Cut of Political Donations Axios: Tariffs return to April rates on August 1 without deals, Bessent says Axios: Israel and Hamas to hold indirect ceasefire talks in Qatar Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

01:03:15 – 01:17:32“One Big Beautiful Bill”: Budget, Amnesty, and Economic FalloutThe new budget bill extends Trump-era tax cuts, slashes welfare and Medicaid, raises defense spending, and increases the debt ceiling by $5 trillion. Critics warn it frontloads benefits and delays cuts, triggering a fiscal cliff by 2028. Despite MAGA promises, the bill includes talk of amnesty and centralizes more power in federal hands. 01:18:29 – 01:21:28Military Budget Passes $1 Trillion MarkThe bill allocates $150 billion in extra military funding, bringing the 2026 military budget to over $1 trillion. Funding priorities include a proposed “Golden Dome” defense system and additional missile stockpiles, sparking concern over boondoggles and unnecessary militarism. 01:29:29 – 01:43:58Inalienable Rights, Tyranny, and the Spirit of 1776A commentary explores the erosion of civil liberties under expanding executive power, comparing modern policies to British tyranny before the American Revolution. Topics include surveillance, indefinite detention, censorship, and the decline of constitutional protections. 01:52:33 – 01:55:35Antidepressant-Linked Suicide and Pfizer LawsuitA widow recounts her husband's suicide shortly after starting Zoloft, leading to a lawsuit against Pfizer. She uncovers internal documents revealing the pharmaceutical company's knowledge of associated risks, sparking wider criticism of industry secrecy. 01:55:35 – 02:00:26Leaked Memo: Pharma Lobby Plots to Silence RFK Jr.A biotech industry memo details efforts to remove RFK Jr. from public discourse due to his challenge to pharmaceutical narratives. Paired with FOIA documents, it exposes widespread media manipulation during the COVID response involving Hollywood, sports leagues, and influencers. 02:17:07 – 02:18:59UK Immigration Criticized as Criminal Crisis by DesignBritish media reports that migrants arriving by boat are far more likely to be imprisoned than UK citizens. Commentary alleges this is part of a deliberate plan to displace native populations and suppress cultural identity. 02:19:30 – 02:21:37Trump to Host UFC Fight at White House as Political SpectaclePlans for a UFC fight at the White House are mocked as emblematic of American political decline and national trivialization. Critics call it a circus undermining presidential dignity. 03:03:16 – 03:05:58Israel Lobby's Push for Bunker Buster Transfers and Nuclear EscalationA bipartisan bill would authorize Trump to transfer stealth bombers and bunker busters to Israel based on Netanyahu's discretion regarding Iran's nuclear intentions. The move is framed as a dangerous escalation and example of unchecked foreign lobbying. 03:06:29 – 03:07:23Pro-Israel Bipartisanship Highlights Uniparty DynamicsDespite differing on abortion and social issues, Reps. Gottheimer and Lawler are united in arming Israel. Commentary criticizes the uniparty system and the U.S. government's prioritization of Israeli military goals. 03:12:14 – 03:16:50Israel Accused of Genocide and Weaponizing StarvationAmnesty International reports Israel is using starvation as a weapon in Gaza, allegedly targeting aid sites to corral and kill civilians. Commentary claims the militarized aid system is designed to enable mass killings with U.S. backing. 03:29:42 – 03:32:40Trump's Mass Amnesty for Migrant Labor CriticizedTrump proposes amnesty for millions of undocumented workers in agriculture and hospitality. Critics call it a betrayal of immigration promises and accuse him of protecting cheap labor for personal business interests. 03:33:58 – 03:41:06Microsoft Lays Off Americans While Expanding H-1B HiringMicrosoft cuts thousands of U.S. jobs while lobbying to expand the H-1B visa cap. Commentary alleges racial hiring bias, credential fraud from foreign diploma mills, and intentional destruction of U.S. tech standards. 03:45:10 – 03:46:51Mexico City Protests American Digital NomadsLocals rally against rising rents and gentrification caused by U.S. digital nomads. The irony is highlighted—Mexicans protest foreign impact while Americans are shamed for raising similar concerns at home. 03:50:31 – 03:52:28Spain Criminalizes Parental Resistance to Gender TransitionNew Spanish law threatens jail time for parents or doctors who oppose a child's gender transition. Critics say the law mandates blind affirmation and criminalizes dissent, especially targeting Christians. Follow the show on Kick and watch live every weekday 9:00am EST – 12:00pm EST https://kick.com/davidknightshow Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHTFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

After setting a July 4th deadline for the “Big, Beautiful Bill,” President Trump has signed his legislative agenda into law. Now it's up to the President and his fellow Republicans to sell it before the 2026 Midterm Elections. Meanwhile in New York City, Democrats have nominated Zohran Mamdani, a far-left candidate for Mayor. Rep. Nicole Malliotakis (NY-11) joins the Rundown to discuss getting the “Big, Beautiful Bill” to President Trump's desk and the questionable policies of the new Democratic nominee for New York City Mayor. As young adults get their college degrees, it's time to head out into the working world. However, having a job lined up puts certain graduates ahead of the game. The Trump administration placed a heavy emphasis on bringing manufacturing back to the United States, as efforts have been made to reduce the size of the federal government. Economist Allison Shrivastava from Indeed's hiring lab joins the podcast to discuss the impact of remote work and artificial intelligence on the job market. She dives into whether an internship can be a valuable way for new graduates to gain entry-level experience.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

01:03:15 – 01:17:32“One Big Beautiful Bill”: Budget, Amnesty, and Economic FalloutThe new budget bill extends Trump-era tax cuts, slashes welfare and Medicaid, raises defense spending, and increases the debt ceiling by $5 trillion. Critics warn it frontloads benefits and delays cuts, triggering a fiscal cliff by 2028. Despite MAGA promises, the bill includes talk of amnesty and centralizes more power in federal hands. 01:18:29 – 01:21:28Military Budget Passes $1 Trillion MarkThe bill allocates $150 billion in extra military funding, bringing the 2026 military budget to over $1 trillion. Funding priorities include a proposed “Golden Dome” defense system and additional missile stockpiles, sparking concern over boondoggles and unnecessary militarism. 01:29:29 – 01:43:58Inalienable Rights, Tyranny, and the Spirit of 1776A commentary explores the erosion of civil liberties under expanding executive power, comparing modern policies to British tyranny before the American Revolution. Topics include surveillance, indefinite detention, censorship, and the decline of constitutional protections. 01:52:33 – 01:55:35Antidepressant-Linked Suicide and Pfizer LawsuitA widow recounts her husband's suicide shortly after starting Zoloft, leading to a lawsuit against Pfizer. She uncovers internal documents revealing the pharmaceutical company's knowledge of associated risks, sparking wider criticism of industry secrecy. 01:55:35 – 02:00:26Leaked Memo: Pharma Lobby Plots to Silence RFK Jr.A biotech industry memo details efforts to remove RFK Jr. from public discourse due to his challenge to pharmaceutical narratives. Paired with FOIA documents, it exposes widespread media manipulation during the COVID response involving Hollywood, sports leagues, and influencers. 02:17:07 – 02:18:59UK Immigration Criticized as Criminal Crisis by DesignBritish media reports that migrants arriving by boat are far more likely to be imprisoned than UK citizens. Commentary alleges this is part of a deliberate plan to displace native populations and suppress cultural identity. 02:19:30 – 02:21:37Trump to Host UFC Fight at White House as Political SpectaclePlans for a UFC fight at the White House are mocked as emblematic of American political decline and national trivialization. Critics call it a circus undermining presidential dignity. 03:03:16 – 03:05:58Israel Lobby's Push for Bunker Buster Transfers and Nuclear EscalationA bipartisan bill would authorize Trump to transfer stealth bombers and bunker busters to Israel based on Netanyahu's discretion regarding Iran's nuclear intentions. The move is framed as a dangerous escalation and example of unchecked foreign lobbying. 03:06:29 – 03:07:23Pro-Israel Bipartisanship Highlights Uniparty DynamicsDespite differing on abortion and social issues, Reps. Gottheimer and Lawler are united in arming Israel. Commentary criticizes the uniparty system and the U.S. government's prioritization of Israeli military goals. 03:12:14 – 03:16:50Israel Accused of Genocide and Weaponizing StarvationAmnesty International reports Israel is using starvation as a weapon in Gaza, allegedly targeting aid sites to corral and kill civilians. Commentary claims the militarized aid system is designed to enable mass killings with U.S. backing. 03:29:42 – 03:32:40Trump's Mass Amnesty for Migrant Labor CriticizedTrump proposes amnesty for millions of undocumented workers in agriculture and hospitality. Critics call it a betrayal of immigration promises and accuse him of protecting cheap labor for personal business interests. 03:33:58 – 03:41:06Microsoft Lays Off Americans While Expanding H-1B HiringMicrosoft cuts thousands of U.S. jobs while lobbying to expand the H-1B visa cap. Commentary alleges racial hiring bias, credential fraud from foreign diploma mills, and intentional destruction of U.S. tech standards. 03:45:10 – 03:46:51Mexico City Protests American Digital NomadsLocals rally against rising rents and gentrification caused by U.S. digital nomads. The irony is highlighted—Mexicans protest foreign impact while Americans are shamed for raising similar concerns at home. 03:50:31 – 03:52:28Spain Criminalizes Parental Resistance to Gender TransitionNew Spanish law threatens jail time for parents or doctors who oppose a child's gender transition. Critics say the law mandates blind affirmation and criminalizes dissent, especially targeting Christians. Follow the show on Kick and watch live every weekday 9:00am EST – 12:00pm EST https://kick.com/davidknightshow Money should have intrinsic value AND transactional privacy: Go to https://davidknight.gold/ for great deals on physical gold/silverFor 10% off Gerald Celente's prescient Trends Journal, go to https://trendsjournal.com/ and enter the code KNIGHTFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here: SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation throughMail: David Knight POB 994 Kodak, TN 37764Zelle: @DavidKnightShow@protonmail.comCash App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Become a supporter of this podcast: https://www.spreaker.com/podcast/the-real-david-knight-show--5282736/support.

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This week, we saw a National Firearms Act tax cut make it across the finish line and into law. Silencers, short-barrel rifles and shotguns, as well as firearms in the "any other weapons" category will now see a $0 tax in place of the previous $200 one. But not everyone in the gun world is happy about that. So, we have Cam Edwards of Bearing Arms back on the show to work through what the text does, why it ended up the way it did, and whether gun owners should consider it a win. Cam noted the final text is not everything gun-rights activists had pushed for since the Senate Parliamentarian ruled full delisting was against the rules of budget reconciliation. He said he disagreed with the ruling and could understand why some gun-rights activists unsuccessfully pushed to fire or overrule her. However, he also said it was important to understand the politics of the situation in order not to be caught off guard by either one of those reasonably predictable outcomes. Despite arguments to the contrary, Cam said the law should still be viewed as a win for gun owners. Perhaps an imperfect one, but one of the more significant at the federal level in a generation. Special Guest: Cam Edwards.

The One Big Beautiful Bill has been signed into law... so what now?  There's one aspect of the bill that will impact student loans for graduate school. Greg and Holly discuss.

After setting a July 4th deadline for the “Big, Beautiful Bill,” President Trump has signed his legislative agenda into law. Now it's up to the President and his fellow Republicans to sell it before the 2026 Midterm Elections. Meanwhile in New York City, Democrats have nominated Zohran Mamdani, a far-left candidate for Mayor. Rep. Nicole Malliotakis (NY-11) joins the Rundown to discuss getting the “Big, Beautiful Bill” to President Trump's desk and the questionable policies of the new Democratic nominee for New York City Mayor. As young adults get their college degrees, it's time to head out into the working world. However, having a job lined up puts certain graduates ahead of the game. The Trump administration placed a heavy emphasis on bringing manufacturing back to the United States, as efforts have been made to reduce the size of the federal government. Economist Allison Shrivastava from Indeed's hiring lab joins the podcast to discuss the impact of remote work and artificial intelligence on the job market. She dives into whether an internship can be a valuable way for new graduates to gain entry-level experience.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Investigative journalist, blogger, and broadcaster Brad Friedman's investigative interviews, analysis and commentary, as ripped from the pages of The BRAD BLOG (BradBlog.com), today's current events (if they matter) and the rest of the stuff we have to live with.

Jill Schlesinger on the economic impact of the "Big Beautiful Bill" being passed // Natalie Brand on the reaction in Washington D.C. to President Trump's big budget bill // Casey McNerthney with "Crime and Punishment" // Jeff McCausland on the US halting weapons to Ukraine // Linda Gradstein in Jerusalem on the meeting between President Trump and Israeli Prime Minister Benjamin Netanyahu // Gee Scott on his 4th of July festivities

This week, EconoFact Chats features an abridged version of the EconoFact Ask Me Anything Webinar held on May 27th with Bill Gale, Senior Fellow at the Brookings Institution, and Co-Director of the Urban-Brookings Tax Policy Center. Gale discusses the 'Big Beautiful Budget Bill,' noting that it will provide high-income households with large tax cuts, while likely lowering after tax resources for low-income households. He also stresses the importance of reining in the deficit, and outlines a few tax policy proposals that have broad consensus among economists -- notably lower tax rates, fewer deductions, a consumption tax, and a carbon tax. EconoFact's monthly Ask Me Anything Webinars are exclusively available to our Premium Subscribers. The modest $50 annual fee for becoming a Premium Subscriber supports EconoFact and its efforts to bring timely, accessible, unbiased, and nonpartisan analyses on important economic and social policy issues to the public. You can sign-up for a Premium Subscription at https://secure.touchnet.net/C21525_ustores/web/store_main.jsp?STOREID=157

House Prepares for Final Vote on Budget Bill; Trump Announces U.S. Trade Deal with Vietnam | NTD Good Morning

Now that the One Big Budget Bill is passed, how will it affect us? How many Utahns will lose their healthcare? Will any rural hospitals close? Will children lose SNAP benefits? What are the positive parts of the bill? KSL Newsradio's Amanda Dickson asked her guests about this on A Woman's View. Her guests this week include Francine Gianni, former Executive Director of the Utah Department of Commerce, Ginette Bott, President and CEO of the Utah Food Bank, and Lisa Walker, certified athletic trainer and teacher at Springville High School. 

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Minnesota's U.S. House members split along party lines on a tax and budget bill that President Donald Trump plans to quickly sign.That story and more in today's evening update from MPR News. Hosted by Emily Reese. Music by Gary Meister.

Kim covers breaking political news for Kentucky, and shares the upcoming "Good Trouble Lives ON" mass mobilizations and protests for voting rights. She also has a great conversation with fellow progressive news collaborator, Bruce Maples of Forward Kentucky about the big news out of DC and what we should call the gut-punch to Kentucky that is the Trump MAGA budget reconciliation package.#ColonelsOfTruthNEWS OF THE WEAK:https://www.insidehighered.com/news/government/politics-elections/2025/06/20/after-texas-doj-targets-kentuckys-state-tuitionINTERVIEW: Bruce Maples, Forward Kentuckyhttps://forwardky.com/CALL TO ACTION: Good Trouble Lives On!On July 17, the 5th anniversary of Congressman John Lewis's passing, we're taking action across the country to defend our democracy and carry forward his legacy of Good Trouble. Join us for a national day of nonviolent action as we rally, march, host teach-ins, press conferences, and vigils to demand that Congress fight back and protect our freedom to vote!Events are popping up all across the state, from Hazard to Shepherdsville, Frankfort to Beaver Dam, Lexington to Louisville. Find the closest one for you right here:https://www.mobilize.us/john-lewis-actions/#ProgressKentucky - #ColonelsOfTruthJoin us! http://progressky.org/Support us! https://secure.actblue.com/donate/progresskyLive Wednesdays at 7pm on Facebook https://www.facebook.com/progressky/live/and on YouTube http://bit.ly/progress_kyListen as a podcast right here, or wherever you get your pods: https://tr.ee/PsdiXaFylKFacebook - ⁠@progressky⁠ Instagram - ⁠@progress_ky⁠ Bluesky - ⁠https://bsky.app/profile/progressky.bsky.socialhttps://linktr.ee/progresskyEpisode 217 was produced by Parker Williams, Co-Chair, ProKY Coms CommitteeTheme music from the amazing Nato - hear more at http://www.NatoSongs.com

House Prepares for Final Vote on Budget Bill; Trump Announces U.S. Trade Deal with Vietnam | NTD Good Morning

This is a special episode about the news that the budget bill has passed.-via AP NewsTake the pledge to be a voter at raisingvoters.org/beavoterdecember. - on AmazonSubscribe to the Substack: kimmoffat.substack.comAll episodes can be found at: kimmoffat.com/thenewsAs always, you can findme on Instagram/Twitter/Bluesky @kimmoffat and TikTok @kimmoffatishere

Investigative journalist, blogger, and broadcaster Brad Friedman's investigative interviews, analysis and commentary, as ripped from the pages of The BRAD BLOG (BradBlog.com), today's current events (if they matter) and the rest of the stuff we have to live with.

Republicans lit the fuse and will run away. How should the healthcare market prepare for the blast? David W. Johnson and Julie Murchison discussed how the healthcare market should prepare itself on, “Who Will Feel the Impact of the Budget Bill?,” a special episode of the 4sight Health Roundup podcast, moderated by David Burda.

Headlines:  – Welcome to Mo News (02:00) – Why John Adams Wanted To Celebrate Independence Day on July 2nd (02:30) – Senate Passes Trump's Megabill After All-Night Session (07:10) – What's In The Spending Bill, And Will It Pass The House? (11:10) – Trump Vs. Musk: Trump Says DOGE Is A Monster That May ‘Go Back And Eat Elon' (25:00) – Obama and Bush Unite in Rare Move Against Trump Over Closure Of US AID – Judge Tells Jury To Continue Deliberating In Sean ‘Diddy' Combs' Trial (32:00) – Fed Chair Says They Would Have Already Cut Rates This Year If It Weren't For Tariffs (32:40)  – Summer Jobs For Teens Are Hard To Find This Year (35:15) – Lululemon Sues Costco Over Selling ‘Dupes.' What's Behind the Case? (38:40) – Coco Gauff Stunned at Wimbledon In First-Round Exit (41:00) – On This Day In History (42:15) Thanks To Our Sponsors:  – LMNT - Free Sample Pack with any LMNT drink mix purchase – Industrious - Coworking office. 30% off day pass – Athletic Greens – AG1 Powder + 1 year of free Vitamin D & 5 free travel packs – Incogni - 60% off an annual plan| Promo Code: MONEWS – Saily - 15% off any data plan | Promo Code: MONEWS

Julie Rovner, chief Washington correspondent at KFF Health News and host of the What the Health? podcast, talks about the House and Senate budget bills and what they would mean for Americans' access to healthcare.

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Rep. Maxwell Frost talks with Jen Psaki about the uphill battle Republicans face in the House to pass Donald Trump's budget bill because they're already well short of the votes they need. Democrats hope that by delaying the vote, enough people will learn about the bill to make it too unpopular to pass.

Chris Mack and Kate Constable break down how Trump's Budget Bill could impact bettors before discussing updates on the Manning Passing Academy. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com

President Donald Trump's “One Big Beautiful Bill Act” heads to the House on Wednesday, July 2, after a nail-biter vote in the Senate. Trump's budget bill just narrowly passed. Plus, Trump sued CBS and won. Paramount agreed to pay millions over a “60 Minutes” edit. Also, Sean ‘Diddy' Combs faces life in prison as he awaits his final verdict. So far, the jury has reached a verdict on four of the five charges. These stories and more highlight your Unbiased Updates for Wednesday, July 2, 2025.

Investors await jobs growth and layoff data along with tomorrow's key nonfarm payrolls report. The House takes up the budget after Senate passage, while the tariff deadline nears.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request.Past performance is no guarantee of future results, and the opinions presented cannot be viewed as an indicator of future performance.Investing involves risk, including loss of principal.Diversification strategies do not ensure a profit and do not protect against losses in declining markets.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see ​schwab.com/indexdefinitions.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.(0131-0725)

Tonight on The Last Word: Senate Republicans reject Sen. Adam Schiff's amendment to prevent families with kids under 12 from losing food assistance. Sen. Elizabeth Warren, Sen. Chuck Schumer, Sen. Elissa Slotkin, Sen. Adam Schiff, and Norm Ornstein join Lawrence O'Donnell.

Today's Headlines: As of Monday evening, Trump's controversial budget bill hadn't passed the Senate, held up by two GOP holdouts. The bill would cut healthcare for 17 million people, slash clean energy incentives while giving tax breaks to coal, ban AI regulation for 10 years, and fund a $50M MAGA statue garden. Elon Musk, critical of the bill, called it a “PORKY PIG PARTY.” Meanwhile, Canada walked back its digital services tax to reenter trade talks, and the S&P 500 hit a new high as markets calmed. Intercepted Iranian communications revealed U.S. strikes on their nuclear sites were less damaging than expected. Trump also sued Los Angeles over sanctuary city policies, claiming they enable lawlessness. In a massive DOJ bust, 324 people were charged in a $14.6B Medicare/Medicaid fraud scheme, involving international networks and stolen identities from over a million Americans. Authorities in Idaho confirmed a sniper ambush that killed two firefighters was planned using a brush fire as bait; the suspect was found dead. Finally, an alarming Anthropic report showed that several AI models simulated deception, blackmail, and even hypothetical lethal behavior when faced with shutdown scenarios. Resources/Articles mentioned in this episode: WaPo: White House urges GOP to ‘stay tough' as Senate debates amendments to Trump's bill CNBC: Canada rescinds digital services tax after Trump cuts off U.S. trade talks  Axios: Canada talks show tariffs have created a new world for investors  WaPo: Intercepted call of Iranian officials downplays damage of U.S. attack Axios: Trump admin sues LA, claiming sanctuary policy fueled ICE protests  DOJ: Eastern District of Michigan | National Health Care Fraud Enforcement Action Results in 324 Defendants Charged and Over $14.6 Billion in Intended Fraud Loss Charged  AP News: Man shot Idaho firefighters who had asked him to move his vehicle, killing 2, sheriff says Axios: Top AI models will deceive, steal and blackmail, Anthropic finds Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

John discusses the Senate working late into the night to pass Trump's Budget Bill. He also talks about NC Sen. Thom Tillis announcing he will not seek re-election, choosing to leave congress and insulate himself from retaliation by MAGAworld. Then, he speaks with the National Affairs correspondent for the Nation - John Nichols about his new piece called "Zohran Mamdani Proves That Power Belongs to the People". And then finally, John welcomes back comedian Rhonda Hansome to chat with listeners about Trump's Big Bad Budget Bill and other news. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jen Psaki reviews the terrible poll numbers of Donald Trump's budget bill, including among Donald Trump's core constituency, and runs through the diverse array of people and organizations, some of whom would otherwise be aligned with Trump, who utterly reject the bill's content as well as its intentions. 

Washington wrestles with the latest budget bill. Our Emily Wilkins breaks down the latest, followed by reaction to the Senate passing its version of it from OMB Director Russell Vought. Paul Hickey of Bespoke and Jose Rasco from HSBC weigh in on the market setup heading into the second half. Banks begin unveiling capital return plans—Leslie Picker tracks the headlines. Booking Holdings CEO Glenn Fogel joins on the travel boom ahead of July 4th and what he is seeing for summer. 

The massive budget bill that Senate Republicans are debating pays for some of its tax cuts by slashing hundreds of billions of dollars in Medicaid spending. The latest report from the non-partisan Congressional Budget Office estimates nearly 12 million people will lose health insurance if the Senate version of the bill becomes law. Trump insists the cuts come from eliminating waste, fraud and abuse. Democrats have said they break Trump's promise not to touch Medicaid — and over the weekend, Republican Senator Thom Tillis of North Carolina agreed. "What do I tell 663,000 people in two years or three years when President Trump breaks his promise by pushing them off of Medicaid because the funding's not there anymore?" We asked Sarah Jane Tribble, the chief rural correspondent for KFF Health News, what the cuts will mean for rural residents of states like North Carolina — and the hospitals that serve them.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Stephanie talks about the Senate which is holding a so-called "vote-a-rama" trying to pass Trump's Big Bad Bloated Budget Bill. She also discusses Democrats appearing for the funeral of Minnesota House Speaker Melissa Hortman with Joe Biden looking sharp and spry as he attended. She and her husband Mark were shot and killed in their home on June 14 by a right-wing whack job. Minnesota State Sen. John Hoffman and his wife Yvette were also shot the same day but survived the attempted assassination. Guests John Fugelsang and John Pavlovitz.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today's Headlines: Trump's budget bill advanced in the Senate with a narrow 51-49 vote, cutting $1 trillion from Medicaid and handing massive tax breaks to the wealthy while adding $3 trillion to the national debt. Two Republicans voted no, and the final vote was delayed as Democrats forced a reading of the 940-page bill. Meanwhile, the Supreme Court ruled that parents can pull kids from public school over LGBTQ content and narrowed lower courts' power to block Trump's executive orders. A Honduran mother is suing ICE after she and her two kids—one of whom has leukemia—were detained during an asylum court date. DHS also announced the end of Temporary Protected Status for over 300,000 Haitians, forcing them to leave by September. Iran's top cleric issued a fatwa calling for the deaths of Trump and Netanyahu. At a Senate hearing, the U.S. military admitted it never used bunker-busting bombs in Iran strikes, contradicting Trump's “total obliteration” claims. Trump abruptly ended trade talks with Canada over its digital services tax, prompting Canadian retaliation. Consumer spending and income both dropped in May, sparking recession concerns. Miami postponed its November election by a year, extending current officials' terms—likely illegally. The University of Virginia's president resigned under Trump administration pressure over DEI efforts. And in Coeur d'Alene, Idaho, an active shooter killed two firefighters in an ambush; the story is still developing. Resources/Articles mentioned in this episode: WaPo: GOP Sen. Thom Tillis won't seek reelection after opposing Trump tax bill  X: Elon Musk NBC News: Senate advances massive bill for Trump's agenda after GOP leaders sway holdouts NY Times: Justices Let Parents Opt Children Out of Classes With L.G.B.T.Q. Storybooks The Atlantic: The Supreme Court Put Nationwide Injunctions to the Torch Texas Publib Radio: ICE arrested a 6-year-old boy with leukemia at immigration court. His family is suing. CBS News: U.S. to revoke immigration status of Haitian migrants in September News 18: Top Iran Cleric Declares Trump And Netanyahu 'Enemies Of God' In New Fatwa | World News CNN Politics: US did not use bunker-buster bombs on one of Iran's nuclear site, top general tells lawmakers NBC News: Canada retaliates against U.S. steel imports after Trump terminates trade talks Bloomberg: US Consumer Spending Drops in May, Price Pressures Remain Muted Miami Herald: It's official: Miami cancels November election, postpones it to 2026 NYT: University of Virginia President Resigns Under Pressure From Trump Administration ABC News: 2 killed in Idaho after firefighters ambushed by gunfire, suspected gunman found dead: Sheriff Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

John talks about the last final rulings for the Supreme Court - giving Republicans everything they want as it concludes its nine-month term ahead of a summer break. He also discusses the Senate pushing ahead to pass Trump's Big Beautiful Budget Bill which will sever nearly 12 million people from their health coverage. Then, he talks with Charles Derber, Professor of Sociology at Boston College about his new book "BONFIRE: AMERICAN SOCIOCIDE, BROKEN RELATIONS, AND THE QUEST FOR DEMOCRACY". And closing it up, John welcomes back TV's Frank Conniff to joke with him and listeners about trending stories and Trump's latest mishigas.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode covers the S&P 500 and NASDAQ reaching record highs, the federal budget bill moving to full Senate debate, and trends in M&A activity.

Recent changes to President Trump’s tax and spending bill would cut roughly $1.1 trillion in health care spending over the next decade, according to the nonpartisan Congressional Budget Office. It also found the bill would result in 11.8 million people losing health insurance by 2034 with the majority of those cuts hitting Medicaid. Laura Barrón-López discussed the impact with Larry Levitt of KFF. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com

In our news wrap Sunday, the Senate began debating Trump’s tax and spending cuts bill as Republicans hope to pass it by July 4, Ukrainian officials said Russia carried out one of its biggest aerial attacks of the war overnight, and Israel’s military ordered a massive evacuation from areas of northern Gaza. PBS News is supported by - https://www.pbs.org/newshour/about/funders

Republicans suffered a blow Thursday after the Senate referee ruled that a series of health care cuts and savings in their sweeping domestic policy bill are ineligible for the party-line path they're using to get around the chamber's 60-vote threshold. The president on Thursday also delivered remarks from the East Room on the bill.

Episode 4590: The Big, Beautiful Budget Bill