Vance Says Musk Is Making a Mistake Going After Trump
In a podcast interview with Theo Von "This Past Weekend", Vice President JD Vance share his thoughts Musk's exit from the Trump administration saying Musk is making a "huge mistake" going after the president. (Source: Bloomberg)
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Forbes
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AMA: Doctors And Patients Hurt By ‘Big Beautiful Bill'
The American Medical Association says legislation wending its way through the Republican-controlled ... More Congress would 'take us backward' as a country by cutting health benefits for poor and low-income Americans, the group's president said Friday, June 6. In this photo, the US Capitol in Washington, DC, US, on Tuesday, June 3, 2025. Photographer: Eric Lee/Bloomberg The American Medical Association says legislation wending its way through the Republican-controlled Congress would 'take us backward' as a country by cutting health benefits for poor and low-income Americans. Meeting for its annual policy-making House of Delegates this weekend in Chicago, the AMA is rallying physicians to thwart the legislation now before the U.S. Senate. Legislation known as the 'One Big Beautiful Bill Act' that narrowly passed the Republican-controlled U.S. House of Representatives two weeks ago 'would reduce federal Medicaid spending by $793 billion and that the Medicaid provisions would increase the number of uninsured people by 7.8 million,' a KFF analysis shows. 'We have to turn our anger into action,' AMA President Bruce A. Scott, M.D. said in a speech to AMA delegates Friday. 'I know our patience is being tested by this new administration and Congress.' The AMA said it has launched a 'grassroots campaign targeted at the Senate' in hopes of making changes to the legislation. The AMA is the nation's largest physician group with more than 200,000 members. 'The same House bill that brings us closer to finally tying future Medicare payments to the rising costs of running a practice, also takes us backwards by limiting access to care for millions of lower-income Americans,' Scott said. 'Medicare, Medicaid, and the Affordable Care Act are literal lifelines for children and families for whom subsidized health coverage is their only real option. We must do all we can to protect this safety net and continue to educate lawmakers on how best to target waste and fraud in the system without making it tougher for vulnerable populations to access care.' Scott, an otolaryngologist from Kentucky, said the Medicare physician payment system is broken and Congress hasn't addressed – as an increasing number of states have – prior authorization, the process of health insurers reviewing hospital admissions and medications. Prior authorization delays needed treatment and puts patient health in jeopardy, doctors say. 'I'm angry because the dysfunction in health care today goes hand in hand with years of dysfunction in Congress,' Scott added. 'I'm angry because physicians are bearing the brunt of a failed Medicare payment system. And while our pay has been cut by more than 33 percent in 25 years, we see hospitals and even health insurance companies receiving annual pay increases.' Meanwhile, the AMA says cuts to physician payments are pushing more physicians away from private practice and exacerbating the nation's doctor shortage. A recent analysis by AMN Healthcare shows only two in five physicians are now in doctor-owned private practices. And Americans in most U.S. cities face waits of at least one month before they can see certain specialists. 'Congress needs to know there is no 'care' in Medicare if there are no doctors," Scott said.
Yahoo
an hour ago
- Yahoo
Army, Trump ready June 14th birthday parade with tanks, rocket launchers
June 7 (UPI) -- The U.S. Army celebrates its 250th birthday on June 14th in the nation's capital, which coincides with President Donald Trump's 79th birthday, and will be marked by a parade that may include tanks, rocket launchers and more than 100 military vehicles. With the two birthdays occurring on the same day, the previously scheduled parade that was intended as a relatively small event at the National Mall in Washington, D.C., has grown in size and cost. Up to 300 soldiers and civilians, the U.S. Army Band and four cannons were initially slated to honor the Army's 250th birthday, with seating available for 120 attendees, The Washington Post reported. U.S. Army leaders last year sought a permit for the event, but Trump's election victory has changed its scope, while doubling as an unofficial celebration of the president's birthday. Axios reported the parade will live up to Trump's request for a showcase the U.S. miliatary's might, with dozens of tanks, rocket launchers, missiles and more than 100 other military aircraft and vehicles participating. About 6,600 Army troops will participate, and the Army is paying to house them in area hotels. The parade route has been moved to the northwest portion of Constitution Avenue and will include a flyover of F-22 fighter jets, World War II planes and Vietnam-era aircraft. The event is scheduled to start at 6:30 p.m. EDT at 23rd Street and continue along Constitution Avenue N.W. to 15th Street. Trump will review the parade on the Ellipse. The event has an estimated cost of nearly $45 million, including more than $10 million for road repairs after the heavy military equipment passes over. The parade's estimated cost has Senate Armed Services Committee Chairman Roger Wicker, R-Miss., skeptical about its benefits. "I would have recommended against the parade," Wicker told an interviewer on Thursday, but the Department of Defense wants to use it as a recruiting tool. "On the other hand, [Secretary of Defense Pete Hegseth] feels that it will be a once-in-a-lifetime opportunity for thousands of young Americans to see what a great opportunity it is to participate in a great military force," Wicker said. "So, we'll see."
Bloomberg
an hour ago
- Bloomberg
US Inflation to Tick Higher as Tariffs Reach Consumers
By and Craig Stirling Save Subscribe to Economics Daily for the latest news and analysis. US consumers probably saw slightly faster inflation in May, notably for merchandise, as companies gradually pass along higher import duties.
