Senators work on budget bill
WASHINGTON (NEXSTAR) – President Donald Trump is pushing Congress to pass his 'One Big Beautiful Bill' by the Fourth of July, but it has an uphill battle with a handful of lawmakers in the party.
The budget bill extends tax cuts while cutting funding for Medicaid by adding work requirements. It also raises the debt ceiling, a dealbreaker for Kentucky Republican Sen. Rand Paul.
'I can't, in good conscience, give up every principle that I stand for, and every principle that I was elected upon, and that's that we can't accumulate more debt,' Sen. Paul said.
The president posted about Paul on Truth Social, writing: 'He loves voting 'NO' on everything, he thinks it's good politics, but it's not.'
'I would say that's not actually true. I would say I've been pretty consistent in my time in the Senate at being opposed to deficit spending,' Sen. Paul said.
The Congressional Budget Office estimates the bill would add more than $2 trillion to the deficit over ten years.
The White House pushed back on the CBO report.
'Unfortunately, this is an institution that has become partisan and political,' White House Press Secretary Karoline Leavitt said.
Even Elon Musk called the spending bill a 'disgusting abomination' on X.
The bill passed by one vote in the House last month, with all Democrats voting against it. Senate Democrats are following suit.
'Tax breaks for the ultra-wealthy. Paid for by gutting health care from millions of Americans,' Senate Minority Leader Chuck Schumer (D-N.Y.) said.
North Carolina Republican Sen. Thom Tillis says he's concerned about rolling back clean energy tax credits.
'If we're not careful, the only people who will be happy with the outcome will be China,' Tillis said.
Senate GOP leaders are optimistic the bill will eventually get 51 votes and deliver on the president's agenda.
'We will not fail. We will bring forward from the Senate a robust product that will protect the American people,' Sen. Shelley Moore Capito (R-W.Va.) said.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 minutes ago
- Yahoo
Trump says he's 'disappointed' with Musk after former backer turned on the Republican tax bill
WASHINGTON (AP) — President Donald Trump said Thursday he's 'disappointed' with Elon Musk after his former backer and advisor lambasted the president's signature bill. Trump suggested the world's richest man misses being in the White House and has 'Trump derangement syndrome.' The Republican president reflected on his breakup with Musk in front of reporters in the Oval Office as Musk continued a storm of social media posts attacking Trump's 'Big Beautiful Bill' and warning it will increase the federal deficit. 'I'm very disappointed in Elon," Trump said. 'I've helped Elon a lot.' Musk has called Trump's big tax break bill a 'disgusting abomination.' The Associated Press Sign in to access your portfolio
Yahoo
3 minutes ago
- Yahoo
One in 10 cars sold in Britain are Chinese
Nearly one in 10 cars sold in Britain are now Chinese-made as drivers turn away from Tesla and embrace newer manufacturers such as BYD. Chinese-owned brands had a 9.4pc share of Britain's new car market last month, according to the Society for Motor Manufacturers and Traders (SMMT), up from 7.7pc in April. The surge saw BYD's sales alone quintuple to 3,025 cars – about 1,000 more than US rival Tesla sold. BYD recently launched its Dolphin Surf car in the UK with a starting price of £16,000, compared to an average of about £49,000 for new EVs. Some analysts have speculated that Chinese brands could still cut prices further, with the Dolphin Surf – known as the Seagull in Asia – selling for just 56,800 yuan (£5,800) in its home market. Other Chinese carmakers saw similarly strong growth. Geely-owned Polestar increased sales by more than 270pc to 1,174 vehicles, while Chery's Omoda and Jaecoo brands sold a combined 3,000 cars, having not been in the market a year ago. SAIC Motor-owned MG remained the biggest-selling Chinese brand, shifting 6,625 cars in May, but its sales were down 8.3pc compared to the same month in 2024. Chinese brands have made major inroads in recent years, particularly in the electric segment where they have launched some of the cheapest models available. Manufacturers have undercut Western rivals including Tesla, which has struggled to stem a steep sales decline in Europe partly driven by a political backlash linked to Elon Musk's support of Donald Trump. Tesla sales in the UK fell by 36pc in May compared to a year earlier. It came as the overall market returned to growth, with sales rising 1.6pc to 150,070 in May, SMMT said. Sales of EVs surged 25.8pc to 32,738 in May, with electric vehicles (EV) taking a 21.8pc market share overall. However, the SMMT warned that the EV market was gripped by 'unsustainable' discounting as manufacturers scramble to hit the Government's ZEV mandate sales targets. Under the mandate, 28pc of cars sold must be electric this year, a target that rises steadily to 80pc by 2030, although the real requirement is lower in reality because of 'flexibilities' afforded to companies under the scheme. Sales of petrol and diesel cars tumbled 12.5pc and 15.5pc respectively last month. Carmakers are calling on the Government to boost demand for EVs through tax breaks or grants for drivers. Mike Hawes, the chief executive of the SMMT, said: 'A return to growth for new car registrations in May is welcome but manufacturer discounting on new products continues to underpin the market, notably for electric vehicles. 'This cannot be sustained indefinitely as it undermines the ability of companies to invest in new product development – investments which are integral to the decarbonisation of all road transport. 'Next week's spending review is the opportunity for Government to double-down on its commitments to net zero by driving demand through fiscal measures that boost the market and shore up our competitiveness.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Fox News
7 minutes ago
- Fox News
Cuomo attacked during debate by fellow Dems for allegedly lying to Congress about COVID nursing home scandal
Former New York Gov. Andrew Cuomo was blasted by fellow Democrats running against him to be the next mayor of New York City for lying to Congress, an allegation pushed by Republicans that the Trump administration is currently investigating. Cuomo repeatedly dismissed questions throughout Wednesday night's debate on whether he lied to Congress about his role in drafting a New York State Department of Health report that officials determined had undercounted the number of nursing home deaths during the COVID-19 pandemic. Instead, Cuomo blasted the current investigation as a symptom of partisan politics and insisted the report in question "did not undercount the deaths." "The people died and he still won't answer your questions," Cuomo's opponent, Michael Blake, a former state assemblyman from the Bronx, said after Cuomo failed to provide a straight answer. Blake's retort resulted in one of the debate moderators asking Cuomo once again to respond to the allegations that he lied to Congress about his role in drafting the report that undercounted the number of COVID-19 nursing home deaths. This time, he engaged. "No, I told Congress the truth," Cuomo relented. "No, we did not undercount any deaths," he added. "When they are all counted, we're number 38 out of 50, which I think, shows that compared to what other states went through, we had it first and worst, and that only 12 states had a lower rate of death – we should really be thanking the women and men who worked on those things." "It's just a yes or no question," the moderator shot back at Cuomo. "Were you involved in the producing of that report?" However, Cuomo still did not address the question directly, leading to laughter from his opponents. "It's not only that Andrew Cuomo lied to Congress – which is perjury – he also lied to the grieving families whose loved ones he sent in to those nursing homes to protect his $5 million book deal," said Brad Lander, New York City's comptroller. "That's corruption." Last month, the Trump administration's Department of Justice opened a criminal investigation to get to the bottom of whether Cuomo lied to Congress about the decisions he made during the COVID-19 pandemic while serving as governor. In March 2020, Cuomo issued a directive that initially barred nursing homes from refusing to accept patients who had tested positive for COVID-19. The directive was meant to free up beds for overwhelmed hospitals, but more than 9,000 recovering coronavirus patients were ultimately released from hospitals into nursing homes under the directive, which was later rescinded amid speculation that it had accelerated outbreaks. Subsequently, a report released in March 2022 by the New York state comptroller found Cuomo's Health Department "was not transparent in its reporting of COVID-19 deaths in nursing homes" and it "understated the number of deaths at nursing homes by as much as 50%" during some points of the pandemic. New York Attorney General Letitia James similarly released a report amid the pandemic showing New York state nursing home deaths had been undercounted.
