There are some people who would argue that this is a good thing.
University Of Washington Dean: Student Loan Changes In Trump’s Big Beautiful Bill May Cause 50% Of Law Schools To Close
The One Big Beautiful Bill’s mandate to kill Grad PLUS Loans and impose strict limits on student borrowing has law school administrators scrambling to sort through the law’s restrictions as they dig into data, shift messaging, reconsider scholarship funding and determine how new outcome rules will impact their schools.
“The message that we’re trying to get out to schools is ‘Don’t panic,’” says Gisele Joach
A group of lawmakers is working to scratch a new gambling penalty tucked into President Trump’s sweeping tax and spending mega-bill. The bill signed into law by President Trump on July 4 includes a surprise tax hike dinging gamblers.
Trump Officially Signs ‘Big, Beautiful Bill’– trendingpoliticsnews.com Source Link Excerpt:
With a smile and stroke of a pen, President Donald Trump converted his “big, beautiful” bill into law on Friday, marking Independence Day with an accomplishment that Republicans hope will be rewarded by voters in 2026.
The bill passed the House on Thursday afternoon, giving Trump plenty of time to celebrate while speaking in Iowa where he called the first five months of his second term “a declaration of independence from a, really, national decline.”
White House Press Secretary Karoline Leavitt called the bill “an encapsulation of all of the policies that the president campaigned on and the American people voted on,” and said it’s a “victorious day for the American people.”
Shortly before holding a ceremonial signing, the president, accompanied by First Lady Melania Trump, emerged from the White House balcony to honor troops in attendance who participated in last month’s Operation Midnight Hammer, the clandestine bombing run which devastated Iranian nuclear enrichment facilities.
A B-52 bomber which dropped one of the 12 30,000-pound bombs flew over the White House, escorted by two F-35 fighters.
“That is some sight,” Trump remarked. “It was an incredible mission. I can say our country is more proud than it’s been in many, many years.”
The bill, as amended by the Senate, passed in the House on Thursday with a vote of 218 to 214.
President Donald Trump signed the “One Big Beautiful” bill into law on Independence Day, marking a large legislative victory for his first year back in office.
The signing ceremony was held at the White House, where the president called the bill “the greatest victory yet” and the “single most popular bill ever signed.” He commended lawmakers who got the bill done, including Senate Majority Leader John Thune and House Speaker Mike Johnson, who gifted Trump the gavel used to enact the Big Beautiful Bill.
US President Donald Trump on Friday signed into law a major spending and tax bill, which includes key parts of his second-term agenda. The legislation, dubbed the “big, beautiful bill” by Trump, was passed by the US House of Representatives on Thursday just before the July 4 deadline.The House passed the bill on Thursday with a narrow 218-214 vote, following its approval in the Senate on Tuesday, where it passed by a 51-50 margin. Vice President JD Vance cast the tie-breaking vote.“Our Country is going to explode with Massive Growth, even more than it already has since I was Re-Elected,” Trump posted on Truth Social shortly after Vice President JD Vance cast the tiebreaking vote to send the bill back to the House.
New York Democratic Rep. Alexandria Ocasio-Cortez is sounding the alarm, but what else is new?
On Thursday, the House of Representatives cast the votes needed to pass President Donald Trump’s “Big Beautiful Bill” with 218 in favor and 214 against.
AOC, being one of those 214, left the Capitol building after the vote to speak to the press, engaging in her usual histrionics and bombast she keeps at the ready for when Trump or Republicans take a breath.
JUST IN: Socialist Alexandria Ocasio-Cortez says today is one of the saddest days in modern history, looks like she is about to start crying.
The comment came in response to the ‘Big Beautiful Bill’ being passed in the House.
President Donald Trump signed the GOP’s massive tax and funding cuts bill into law on July 4, meeting his self-imposed deadline, in an outdoor ceremony attended by hundreds of supporters and military jets flying over the White House.
The newly minted law will fund many of Trump’s domestic policies, including his immigration crackdown, resulting in nearly $170 billion to support the administration’s border goals.
The final bill, as detailed by NPR, allocates $45 billion for immigration detention centers, around $30 billion to hire more Immigration and Customs Enforcement personnel, for transportation costs, and to maintain ICE facilities.
Additionally, roughly $46.5 billion has been earmarked to complete Trump’s border wall—a campaign promise he’s been repeating for nearly a decade—and includes $5 billion for Customs and Border Protection facilities and $10 billion for other border security initiatives. Approximately $13.5 billion will be set aside to reimburse states and local governments for their assistance with immigration and border-related enforcement.
For decades, Republicans have extolled the virtues of removing loopholes and carveouts from the tax code, arguing it would make the system fairer and more efficient, while allowing for lower overall tax rates.
“The tax code is littered with hundreds of preferences and subsidies that pick winners and losers and create complexity,” House Republicans led by then-Speaker Paul Ryan and then-Rep. Kevin Brady, said in their 2016 tax plan. “Instead of free-market competition that rewards success, our tax code directs resources to politically favored interests, creating a drag on economic growth and job creation.”
Fast forward to the present day, and one thing is for sure: President Donald Trump’s One Big Beautiful Bill is not an exercise in tax simplification.
Instead, it began with a push to extend the party’s 2017 tax cuts — which despite some streamlining also introduced some complexity — and piled more on top, in line with a slew of presidential campaign promises. Add in a heavy dose of congressional politics, and the result was a sprawling and quirky piece of legislation that is distinctively Trumpy: lower taxes and a bigger pile of tax breaks.
Rejoicing in the Lord, and giving thanks for his victories, is a command of God’s Word. In fact, not only are we told to rejoice in good times, but always (cf. Phil. 4:4), and not only are we told to give thanks for blessings, but for all things (cf. 1 Thess. 5:18).
And we are in good times right now.
The pro-life movement saw the reversal of Roe vs. Wade three years ago. Last November, we saw election victories that not only advance our cause, but preserve the very tools we need to fight for this cause (freedom of speech, freedom of religion, the right to protest peacefully, and more).
And now we are on the cusp of the greatest victory since Dobbs, namely, the cutting off, by law, of the largest government funding stream for Planned Parenthood and the entire abortion industry.
On July 4, 2006, NASA’s space shuttle Discovery launched on a “return to flight” mission that paved the way for it and its sister ships to fly for another five years. Now, a sprawling budget enacted on Independence Day will seemingly lead to Discovery lifting off again — though this time not into space, but rather from its place in the national collection.
President Donald Trump signed into law the so-called “One Big Beautiful Bill” today (July 4), a day after the legislation was narrowly passed out of Congress with only Republican support. Deep within the 900-page bill is a provision added by Texas’ senators to transfer a “space vehicle” to a NASA center “involved in the administration of the Commercial Crew Program” and “placed on public exhibition at an entity within the Metropolitan Statistical Area where such center is located.”
The vague language, written in such a way to skirt Senate restrictions on reconciliation bills, was aimed at achieving the “Bring the Space Shuttle Home Act” introduced by Senators Ted Cruz and John Cornyn in April.
More than $45 billion in the “big, beautiful bill” that President Trump signed Friday is earmarked for Immigration and Customs Enforcement (ICE) detention space, which officials say will add up tens of thousands of beds for migrants being held in federal custody.
An estimated $170 billion of the bill has been designated for immigration enforcement as the Trump administration has promised to orchestrate the largest mass deportation effort in American history. But the funding that has been devoted to ICE detention space in the final bill.passed by the House on Thursday, is more than the government spent on housing migrants during the Obama, Biden and first Trump administrations combined, The Washington Post reported.
Federal officials estimate the $45 billion will provide an additional 100,000 beds in ICE facilities at a time when ICE has nearly 56,400 migrants in its detention centers nationwide as of mid-June, according to the Transactional Records Access Clearinghouse. The number of detainees increased by more than 5,000 during the first two weeks of June.
The funding bump in the bill was approved after Trump and Department of Homeland Security Secretary (DHS) Kristi Noem toured a new detention facility that administration officials have called “Alligator Alcatraz.” White House Border Czar Tom Homan told NewsNation’s “CUOMO” this week that the facility in the Florida Everglades will cost an estimated $450 million to operate each year.
eautiful bill’ funding aids ICE detention– thehill.com Source Link Excerpt:
More than $45 billion in the “big, beautiful bill” that President Trump signed Friday is earmarked for Immigration and Customs Enforcement (ICE) detention space, which officials say will add up tens of thousands of beds for migrants being held in federal custody.
An estimated $170 billion of the bill has been designated for immigration enforcement as the Trump administration has promised to orchestrate the largest mass deportation effort in American history. But the funding that has been devoted to ICE detention space in the final bill.passed by the House on Thursday, is more than the government spent on housing migrants during the Obama, Biden and first Trump administrations combined, The Washington Post reported.
Federal officials estimate the $45 billion will provide an additional 100,000 beds in ICE facilities at a time when ICE has nearly 56,400 migrants in its detention centers nationwide as of mid-June, according to the Transactional Records Access Clearinghouse. The number of detainees increased by more than 5,000 during the first two weeks of June.
The funding bump in the bill was approved after Trump and Department of Homeland Security Secretary (DHS) Kristi Noem toured a new detention facility that administration officials have called “Alligator Alcatraz.” White House Border Czar Tom Homan told NewsNation’s “CUOMO” this week that the facility in the Florida Everglades will cost an estimated $450 million to operate each year.
But officials said the facility could be a blueprint for more ICE detention centers that the government plans to open now that funding has been approved.
President Donald Trump, Gov. Ron DeSantis, R-Fla., Homeland Security Secretary Kristi Noem and others, tour “Alligator Alcatraz,” a new migrant detention facility at Dade-Collier Training and Transition facility, Tuesday, July 1, 2025, in Ochopee, Fla. (AP Photo/Evan Vucci)
“Everybody we arrest, we need a bed, because they’re going to be in detention from several days to several months, depending on the case,” Homan said. “So, this will give us a little breathing room, give us extra beds so we can target more criminals throughout the country.”
The border czar had previously called on Congress to provide more funding for detention that would allow ICE to detain migrants taken into federal custody. In June, the agency published a list of more than 40 contractors that could assist with the “emergency acquisition” of space for migrant detainees, the Post reported.
In addition to the $45 billion set aside for ICE detention and agents, the funding bill that was approved by Congress this week allocates another $46 billion for continued construction of the border wall along the U.S.-Mexico border.
Where will additional ICE detention centers be located?
Real Clear Politics reported this week that the $45 billion that will be devoted to ICE represents a 265 percent increase in its current detention budget, which will be higher than that of the American prison system.
The current load of detainees is the highest since that data has been compiled by ICE since the first time Trump was in office. In addition to providing more beds, DHS Assistant Secretary Tricia McLaughlin said in an emailed statement to the Post that the funding for ICE in the bill will allow the agency to hire an additional 10,000 federal agents.
Officials announced earlier this year that the agency’s migrant detention centers were at capacity. The government contracts with private prison companies to operate detention facilities. The two main companies, CoreCivic and the GEO Group, have been awarded nine contracts by ICE for expanded detention, per the Post.
Contracts have also been awarded to companies to produce temporary tent structures, which would be used to house migrants, the report said. Last year, the American Civil Liberties Union (ACLU) determined through a Freedom of Information Act request that private companies were looking to enter into government contracts in states like Michigan, California, Kansas, Nevada, New Mexico, Texas and Washington state.
The Post’s report indicated that CoreCivic and the Geo Group already own prisons that are sitting empty in several states, including Kansas (Leavenworth), Colorado, Minnesota, North Carolina, and Oklahoma.
The ACLU also reported that in 2022, the GEO Group made $1.05 billion in revenue from ICE contracts alone, while CoreCivic made $552.2 million during the same year.
“Never in our 42-year company history have we had so much activity and demand for our services as we are seeing right now,” said CoreCivic CEO Damon Hininger during an earnings call in May with shareholders, according to The Associated Press.
The expansion of detention space comes at a time when more than a dozen people have died in ICE facilities since October, including 10 during 2025. In 2024, an ACLU report indicated that 95 percent of deaths that took place in ICE facilities between 2017 and 2021 could have been prevented or possibly prevented.
That investigation, which was conducted by the ACLU, American Oversight and Physicians for Human Rights, analyzed the deaths of the 52 people who died in ICE custody during that time frame.
Treasury Secretary Scott Bessent defended President Trump’s spending cuts and efforts to reduce government welfare rolls on CNN’s State of the Union program over the weekend.
Bessent was questioned by host Dana Bash on how Medicaid cuts will affect what she calls “the affordability crisis” for vulnerable Americans.
The Treasury Secretary responded by insisting that Bash separate the issue of affordability from the saving of medicaid, noting that “only in D.C. is a 20% hike over 10 years, a cut.”
Bessent insisted that the people that “Medicaid was designed for” are those who are vulnerable including pregnant women, the disabled and families with children under 14.
Under Trump’s spending cuts, Bessent says the able bodied will have the opportunity to “get off Medicaid and get a job that has good healthcare benefits.”
Bessent on Medicaid cuts: “The able-bodied Americans are not vulnerable Americans … people can get off Medicaid and get a job that has good healthcare benefits … I don’t think poor people are stupid. I think they have agency.” pic.twitter.com/raDM6GQEOU
An unspoken rule among the Washington establishment is that once Congress throws money at a spending program that decision should be treated as irrevocable. If a future Congress shows any fiscal conservatism and tries even to address some of its waste and abuse, left-wing lawmakers—and their allies in the media—will excoriate them for making supposedly radical cuts.
Before the House voted Thursday to pass the One Big Beautiful Bill Act, House Minority Leader Hakeem Jeffries went on a record 8.5-hour rant on the House floor accusing Republicans of an “all-out assault on the health and well-being of everyday Americans.”
If that sounds ominous, note that he also called the bill “an all-out assault on the care being provided by Planned Parenthood” for prohibiting Medicaid funds from going to abortion providers for one year. Phrases like “health care” and “all-out assault” mean something different to the far left than to the rest of us.
An unspoken rule among the Washington establishment is that once Congress throws money at a spending program that decision should be treated as irrevocable. If a future Congress shows any fiscal conservatism and tries even to address some of its waste and abuse, left-wing lawmakers—and their allies in the media—will excoriate them for making supposedly radical cuts.
Before the House voted Thursday to pass the One Big Beautiful Bill Act, House Minority Leader Hakeem Jeffries went on a record 8.5-hour rant on the House floor accusing Republicans of an “all-out assault on the health and well-being of everyday Americans.”
If that sounds ominous, note that he also called the bill “an all-out assault on the care being provided by Planned Parenthood” for prohibiting Medicaid funds from going to abortion providers for one year. Phrases like “health care” and “all-out assault” mean something different to the far left than to the rest of us.
The Obama-appointed Senate Parliamentarian, Elizabeth MacDonough, has unilaterally removed key parts of President Donald Trump’s “One Big Beautiful Bill.” One provision gutted was the removal of illegal aliens from Medicaid, among others.
Calls to Senate Leader John Thune (R-SD) to fire the unelected bureaucrat who unilaterally gutted the Trump agenda have fallen on deaf ears. Thune has the power to do so constitutionally but so far is refusing to serve his country. Failure by Thune to do so could trigger an effort to pass a resolution rejecting her counsel, which the Senate can legally do with a simple majority vote.
Madness: Unelected Democrat Senate Parliamentarian Rips Out Key Parts of President Trump’s “Big, Beautiful Bill” Including Defunding Medicaid for Illegal Aliens – John Thune Responds By Rolling Over | The Gateway Pundit– www.thegatewaypundit.com Source Link Excerpt:
An unelected leftist bureaucrat who no one voted for is single-handedly gutting President Trump’s signature bill with the stroke of a pen, and calls for her termination are emerging. But the Senate Majority Leader is not willing to go that far.
On Thursday, Senate Parliamentarian Elizabeth MacDonough struck down several key features of Trump’s “Big, Beautiful bill,” including defunding of Medicaid for illegal aliens and defunding “gender-affirming care” under Medicaid and CHIP, citing the Byrd rule.
MacDonough also axed the Medicare Provider tax, which complicates the Senate GOP’s math on the spending cuts it needs to pass the legislation.
This is the second time MacDonough has removed key parts of Trump’s bill. As the Gateway Pundit reported, MacDonough over the weekend struck down several GOP provisions in the bill by applying the ‘Byrd Rule.’
Here are the four key items MacDonough rejected:
• The federal government defunding sanctuary cities
• Defunding the Consumer Financial Protection Bureau (DOGE targeted this agency)
• The EPA’s effort to roll back Electric Vehicle mandates
• A proposal to restrict federal courts from issuing nationwide injunctions
MacDonough is a partisan hack who was appointed back in 2012 when Harry Reid ran the Senate. Why is she still in charge, considering Republicans control the Senate?
Fortunately, Republicans are under no obligation to abide by MacDonough’s activism because her opinion is merely advisory. For example, the Hill notes the Senate can hold a simple-majority vote on the floor to establish a new precedent to expand the scope of what is eligible under reconciliation.
The Senate GOP can also fire MacDonough and replace her with another parliamentarian with a simple majority vote. Given the Senate has 53 Republicans, they can afford to lose three, provided Vice President JD Vance is available to break the tie.
Senator Tommy Tuberville (R-AL) is calling for the GOP to take this exact step.
The WOKE Senate Parliamentarian, who was appointed by Harry Reid and advised Al Gore, just STRUCK DOWN a provision BANNING illegals from stealing Medicaid from American citizens.
This is a perfect example of why Americans hate THE SWAMP.
Unelected bureaucrats think they know…
— Coach Tommy Tuberville (@SenTuberville) June 26, 2025
So sick of these underminers. This bill should have been passed weeks ago. Congress is useless.
We know who is telling this maidservant what to do.
“Meet the Democrat singlehandedly blocking key provisions in President Trump’s Big Beautiful Bill. Elizabeth Macdonough, a close ally to Obama serves as the Senate Parliamentarian. There is a solution to her efforts to stop the president’s agenda – JD Vance – he could overrule her as President of the Senate.”
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She’s trying to require Trump to obtain 60 votes in the Senate instead of 50+1.
RESISTANCE: Meet the Democrat singlehandedly blocking key provisions in President Trump’s Big Beautiful Bill. Elizabeth Macdonough, a close ally to Obama serves as the Senate Parliamentarian. There is a solution to her efforts to stop the president’s agenda – JD Vance – he could… pic.twitter.com/yKmQgMlD3L
Conservative free market groups are raising concerns that a GOP provision in the One Big Beautiful Bill Act will cut off a key mechanism used to fund lawsuits against “woke” corporations and others, including Planned Parenthood.
Initially proposed as a way to limit frivolous lawsuits, conservatives charge that the provision will instead protect corporate America from “little guy” suits.
At issue is the inclusion of the “Tackling Predatory Litigation Funding Act,” offered in the Senate version of the reconciliation bill by Sen. Thom Tillis (R-NC) and in the House by Rep. Kevin Hern (R-OK).
Senator Thom Tillis just slipped a massive gift to Big Pharma, Big Tech, and woke corporations into the “Big Beautiful Bill.” His anti-litigation finance plan (S.1821) slaps a 41% tax on the very tool that helps ordinary Americans fight back in court.
Tillis said the goal was to stop predatory suits by hitting third-party funding of court actions, for which the funders get a piece of any settlement. Both Hern and Tillis warned that “foreign entities” are often the funders.
Key GOP Holdout Signals Willingness To Support ‘Big Beautiful Bill’– trendingpoliticsnews.com Source Link Excerpt:
Senator Rand Paul (R-KY) suggested that he is open to reversing his position on the Trump-backed “Big Beautiful Bill” omnibus resolution, which the administration has touted as a landmark piece of legislation that will provide billions in additional funding for border security and deportation capacity.
Paul has emerged as the most vocal Senate GOP opponent of the legislation as the president’s July 4 deadline looms. The Kentucky lawmaker has said it would be fiscally irresponsible to support the legislation due to debt ceiling increases, while proponents have argued the claim is inaccurate due to the fact that tax cuts are counted as deficit increases by the Congressional Budget Office.
During an appearance on “Meet The Press” Sunday, Paul suggested that he is becoming increasingly open to the possibility of supporting the legislation after a productive conversation from President Trump.
“I talked to the president last evening after the parade, and we’re trying to get to a better place in our conversations,” the senator said. “And I’ve let him know that I’m not an absolute no. I can be a yes.”
Paul continued, “I like the tax cuts. I actually agree with Art Laffer and supply-siders that a lot of times when we cut rates we actually get more revenue. So I don’t have as much trouble with the tax cuts. I think there should be more spending cuts.”
Thune has been scheduling interviews on a near-daily basis as the Senate prepares to vote on Trump’s “big, beautiful bill.” He started the week with an appearance on Shannon Bream’s Fox News Sunday, followed by three other TV and radio hits.
The media circuit is familiar to Thune — since he became majority leader in January, he’s gone on national TV 29 times. His appearances on radio and podcasts have now reached double digits.
But the messaging has taken on new consequence as Thune faces the biggest test of his early tenure. With just days to meet his self-imposed July 4 deadline to pass the tax cut-and-border bill, Thune is corralling votes under an onslaught of criticism, including loud complaints from his right flank.
On Wednesday, Sen. Ron Johnson (R-WI), one of the Senate’s GOP holdouts, released a report directly challenging Thune’s insistence that the bill, which includes more than $1 trillion in budget offsets, won’t add to the deficit.
Democrats, meanwhile, have framed the legislation as a welfare-slashing healthcare bill that is skewed toward the rich.
Having won in the House with its demand that the so-called “big, beautiful bill” eliminate the tax on firearms suppressors, Second Amendment advocates are now pushing the Senate to eliminate the tax and registration requirement on short-barreled rifles.
The industry is moving swiftly to build support for its call to include the Short Act in the tax and spending bill. That would essentially pull short-barreled rifles such as AR-style pistols and some shotguns out of the National Firearms Act, which requires that the arms be registered with Uncle Sam and a $200 tax paid.
On Monday, the House Freedom Caucus joined in asking the Senate to expand the House version of the “big, beautiful bill” to include the commonly owned and used firearms.
Always grateful to stand with leaders like @SteveDaines who boldly defend our 2A rights.
The Founders meant what they said—and it’s time to roll back unconstitutional infringements in the Big Beautiful Bill.
‘Democrat’ CBO’s Numbers Show ‘Tremendous Surplus’ for ‘Big Beautiful Bill’ When Coupled with Tariffs– www.westernjournal.com Source Link Excerpt:
President Donald Trump highlighted on Thursday that even by Congressional Budget Office calculations, the cost of the “Big Beautiful Bill” is offset by the revenue being generated by tariffs over the next 10 years.
During a news conference from the Oval Office with German Chancellor Friedrich Merz, Trump responded to the criticism leveled by Elon Musk and others that the bill will add trillions of additional dollars to the national debt.
The CBO estimated that the Big Beautiful Bill will result in $2.4 trillion more in deficit spending, plus an additional $551 billion in interest paid on the national debt over the next decade, according to the Committee for a Responsible Federal Budget.
However, Trump pointed out that the CBO, which he said is “run by Democrats,” also calculated that his tariffs will reduce deficit spending by $2.8 trillion over the next decade.
The president asked Treasury Secretary Scott Bessent to elaborate on the issue.
Senate Republicans to huddle Wednesday on megabill– www.politico.com Source Link Excerpt:
Senate Republicans will huddle on Wednesday as they try to iron out some of the trickiest parts of their “big, beautiful bill.”
GOP senators are expected to be briefed by committee chairs who have yet to release their pieces of their party-line pack of tax cuts and extensions, border security investments, energy policy and more. Republicans held a similar meeting last week with panel leaders to discuss the less contentious parts of the bill.
Senate Finance Chair Mike Crapo is tentatively scheduled to be among the Republicans to update colleagues at Wednesday’s confab, according to five Republican senators and staff granted anonymity to share details of private deliberations. Senate Agriculture Committee Chair John Boozman is also likely to brief the conference.
The two Republican lawmakers are tasked with crafting some of the trickiest parts of the package.
Crapo has the drafting pen both on his party’s tax priorities, as well as changes to Medicaid and potentially Medicare. Senate Finance had been expected to release text this Friday, but Republicans are preparing for that to slip until early next week as they navigate the state-and-local-tax deduction cap and other sticking points.
Is Trump’s Big Beautiful Bill “grotesque?” That’s what Elon Musk says. Though let’s be honest, it’s probably not the bill’s cost that’s bothering him. It’s the fact that the bill cuts the EV tax credits that keeps Tesla’s whole business model floating. Sorry, Elon!
Yes, the bill is big. It’s bold. It’s expensive. But it’s also everything we’ve been asking for, and then some. If you’re only looking at the price tag, you’re missing the bigger point: this bill actually delivers.
Do you like tax cuts? Because the Big Beautiful Bill is packed with them. Permanent Trump tax cuts? Locked in. Child tax credit? Raised to $2,500. Overtime pay? Tax-free. Tips? Also tax-free. That means bartenders, bellhops, and servers just got a raise without a single employer raising payroll. It’s basically a stimulus that doesn’t come with government strings. It’s economic empowerment. It’s dignity for the American worker. It’s someone-in-D.C.-finally-gets-it!
And before the deficit hawks start in on all this, let’s get one thing straight. This bill also includes the largest rollback of federal government bloat in modern history. $1.6 trillion in cuts. That’s not nothing! And guess what? The even deeper DOGE cuts are coming in a separate bill. Consider this round one of draining the swamp.
“Elon and I had a great relationship. I don’t know if we will anymore.”
President Donald Trump has said that he is “disappointed” in Elon Musk after the X owner and entrepreneur slammed the Trump-backed “Big Beautiful Bill.”
“Elon and I had a great relationship. I don’t know if we will anymore,” Trump said.
“He knew every aspect of this bill. And he never had a problem until right after he left…I’m very disappointed with Elon. I helped him a lot,” Trump added in his comments.
After pouring millions into GOP super PACs, the fossil fuel industry is cashing in with the One Big Beautiful Bill, a sweeping budget reconciliation package loaded with giveaways for oil and gas companies. The House and Senate versions of the bill are nearly identical on energy matters, delivering a wish list of tax breaks, drilling incentives, and regulatory rollbacks. Now, the American Petroleum Institute (API), representing hundreds of oil and gas companies, is lobbying the Senate to add even more industry-friendly perks.
The energy portion of the House-passed bill and the Senate Environment and Public Works Committee’s bills both prioritize the fossil fuel industry’s profits over the environment. Both would delay the Inflation Reduction Act’s (IRA) fee on oil and gas companies’ excess methane pollution by 10 years, shielding companies from accountability for a potent greenhouse gas that is responsible for up to 30% of global warming. They would both create an opt-in fee program allowing companies to pay to expedite the environmental review process for approving new fossil fuel infrastructure like pipelines, and limiting communities’ abilities to weigh in against polluting projects. They mandate the Interior Department to immediately begin quarterly lease sales for onshore and offshore drilling. The bills also roll back the EPA’s new vehicle emissions standards, undoing the Biden administration’s rules designed to boost electric vehicle adoption and curb transportation emissions, the largest U.S. greenhouse gas source.
The House bill contains a few industry bonuses that don’t appear in the Senate Environment and Public Works Committee draft, but may still emerge as the full Senate bill is cobbled together from all the different committees. The House bill calls for lowering royalty rates for drilling on public lands from 16.67% to 12.5%, letting oil companies profit off the public’s resources at a discount while reducing taxpayer returns. It would also create a new “de-risking compensation program” that allows oil companies to get paid by taxpayers if the federal government takes any actions delaying their projects or making them less viable.
After its passage by narrowest of margins in the House of Representatives, Republicans’ “big, beautiful” budget reconciliation bill is facing the prospect of major changes in the Senate, which could make it extremely difficult to pass when the revised bill is returned to the House.
The bill passed the House by a 215-214 margin with one “present” vote after last-minute deals were made to appease fiscal hawks and blue-state Republicans who demanded higher state tax deductions.
Rep. Roy on @glennbeck: “There are forces at play that are desperately trying to undo the benefits [the House] got with respect to repealing the Green New Scam subsidies… which [Trump] campaigned fully and clearly on terminating. There are forces in the Senate who want to undo… pic.twitter.com/KtY7cFCcQC
— Rep. Chip Roy Press Office (@RepChipRoy) June 4, 2025
Senate returns with Trump’s massive tax and immigration bill on the agenda – The Washington Post Source Link Excerpt:
The Senate returned to Washington on Monday with President Donald Trump’s massive tax and immigration package high on the agenda. Republicans are seeking to send the One Big Beautiful Bill to Trump’s desk by July 4. But several GOP senators have raised concerns about the legislation, which passed the House last month, including its cuts to Medicaid funding. Trump had lunch Monday with Vice President JD Vance. The White House has not advertised any public events.
