
RFK Jr.: ‘No cuts on Medicaid' in ‘big, beautiful' law
'First of all, there's no cuts on Medicaid. There is a — there's a diminishment of the growth rate of Medicaid, which is bankrupting our country. And by the way, the national debt is also a determinant, a social determinant, of health,' Kennedy told Fox Business Network's Larry Kudlow on his show.
'If we're leaving our kids with these giant debts, they can't afford health care. They can't afford good food,' he added.
The 'big, beautiful bill' law cuts about $1 trillion from Medicaid, mostly through strict work requirements and reductions to how states can fund their Medicaid programs via provider taxes and state-directed payments.
The majority of the cuts will not happen soon, but rural hospitals in particular have said they likely will have to make difficult financial decisions on which services they can afford to hold onto and which may need to be cut.
Medicaid is also set to become a central issue in the fight over control of Congress during next year's midterm elections now that the 'big, beautiful bill' is law. Republicans have stated that the Medicaid cuts are required to address waste and fraud in the program, making sure 'able-bodied' adults are not taking advantage of the system.
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CNN
10 minutes ago
- CNN
Apple just spent $500 million to source a material that's critical for iPhones from the US
Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically. As part of the partnership announced on Tuesday, Apple committed to buying rare earth magnets directly from MP Materials to help bolster its US supply chain. Apple will also collaborate with the company on a new recycling line in California, which will repurpose recycled rare earth materials to use in Apple products. The move is part of a $500 billion investment Apple announced earlier this year to expand its US operations as the Trump administration pushes to onshore technology manufacturing and reduce reliance on China. Rare earths, which are critical for everything from smartphones to TVs and military jets, have been a key bargaining chip in trade talks between Washington and Beijing. That's because China controls nearly all rare earths processing. 'American innovation drives everything we do at Apple, and we're proud to deepen our investment in the US economy,' Apple CEO Tim Cook said in a press release. 'Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States.' MP Materials' facility in Fort Worth, Texas, will create new magnet manufacturing lines specifically for Apple products. Shipments are expected to begin in 2027 and will eventually support 'hundreds of millions of Apple devices,' according to MP Materials. The materials will be delivered throughout the United States and around the world. Apple says the expansion will create dozens of new jobs. Both companies will also provide training to develop a US workforce for magnet manufacturing. China has a virtual monopoly on rare earth elements, which are critical components for everyday products from smartphones to wind turbines to LED lights and flat-screen TVs. They're also crucial for batteries in electric vehicles as well as MRI scanners and cancer treatments. The name rare earths is also a bit of a misnomer. The materials are found throughout the Earth's crust but are difficult and costly to extract and process. China has the only equipment needed to process some of the various elements and currently controls 92% of the global output in the processing stage. While the MP Materials deal could help Apple curry favor with Trump amid tariff threats, it also aligns with Apple's efforts to incorporate more recycled materials into its products – a plan already in place long before Trump took office. The iPhone 16e, which launched earlier this year, includes 30 percent recycled content, for example. Apple says it uses recycled rare earths in its major products, including in magnets found in the latest iPhones, iPads, Apple Watches, MacBook and Mac models. The Trump administration has been pushing for Apple and other tech giants to produce their products in the United States rather than rely on assembly facilities and supply chain operations largely located in China, India and Vietnam. 'I have long ago informed Tim Cook of Apple that I expect their iPhone's that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,' Trump posted on Truth Social in May. 'If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.' Apple hasn't discussed plans to move iPhone manufacturing to the US, and doing so seems unlikely. That's because it would require the tech giant to upend how it builds its most lucrative product. Critically, Apple and MP Manufacturing's collaboration involves developing the talent pool needed for magnet manufacturing. That's part of the reason why it's so challenging to move iPhone production to the United States – America lacks the highly specialized labor required to do so, experts have said. 'The expertise to make each of the components is something that has to be worked on for a long period of time,' David Marcotte, senior vice president at international market research company Kantar, previously told CNN. Cook has also spoken about the labor gap in the past, describing the workforce in China as being a combination of 'craftsman' skills, 'sophisticated robotics' and 'the computer science world' when speaking at a Fortune Magazine event in 2017. But the commitment to invest in US-sourced rare earths is likely to please Trump. The president has touted Apple's previous investment announcement as a victory in his efforts to boost American manufacturing. Apple is just one of many tech giants that have expanded their American footprint over the past several months. Texas Instruments committed $60 billion to make semiconductors in the United States in June, and Taiwanese chipmaking giant TSMC invested $100 billion in US manufacturing in March. Leading AI chipmaker Nvidia also said it would build its supercomputers in the United States in April. – CNN's Chris Isidore contributed to this report
Yahoo
10 minutes ago
- Yahoo
Number of Canadians with favourable view of U.S. has fallen, poll suggests
WASHINGTON — Amid months of tariffs and taunts from U.S. President Donald Trump, a new poll suggests the percentage of Canadians who have a favourable view of the United States has fallen and is now on par with the number who think positively about China. The survey by the Pew Research Center suggests one-third of Canadians — 34 per cent — now have a favourable view of the United States. It marks a 20 percentage point decrease from last year. The same percentage of Canadians had favourable views of China — a 13 point increase. "For the last few years … many people have preferred the U.S. to China by a sizable margin,' said Laura Silver, associate director of global attitudes research at the Washington-based research centre. Now, she said, "there's no daylight between the two." Pew polled people in 25 countries and the survey found positive views of China increased in more than half the nations. There was also an increase in people who viewed Chinese President Xi Jinping favourably. "This is the first real tick up that we've seen that we would describe as an increase across the board," Silver said. Trump returned to the White House with an agenda to realign global trade and upend geopolitics by targeting friend and foe alike. Critics of Trump's tactics have said the ongoing instability will push countries to form closer ties with China. Canada was an early target with Trump repeatedly calling former prime minister Justin Trudeau "governor" and insisting Canada should become a U.S. state. The president hit Canada and Mexico with duties he linked to fentanyl trafficking in March, only to walk back the tariffs for goods that comply with the Canada-U.S.-Mexico Agreement on trade a few days later. Trump took his trade war to the world in April with so-called "reciprocal" tariffs but paused the devastating duties a few hours later saying it would give time for countries to make a deal with America. He kept in place a 10 per cent tariff for most countries. China was hit by the hardest duties, prompting a brief but escalated tariff standoff between the world's two largest economies. The U.S. president has been sending out letters to nations suggesting they will be hit with high duty rates if no deal is made by Aug. 1. Trump did go ahead with specific tariffs targeting steel, aluminum and automobile imports, with copper duties also set to come into place on Aug. 1. Pew, a non-partisan think tank, surveyed 28,333 adults across 24 countries – not including the United States – from Jan. 8 to April 26 by phone, online and in person. The centre also surveyed 3,605 Americans from March 24 to March 30 by phone, online and in person. The poll reports 26 per cent of all people surveyed said they had confidence in the Chinese president, while 22 per cent said the same for Trump. "That reflects both a rising view of Xi and a quite dramatically negative view of Trump," Silver said. The changing views were especially stark in Mexico, where 45 per cent of people said it's more important for their country to have strong economic ties with China than with the U.S. — up from 37 per cent in 2019 and 15 per cent in 2015. Canada's relationship with China was roiled during the first Trump administration when in 2018 Canadians Michael Spavor and Michael Kovrig were taken into custody in China. It followed the arrest of Huawei's chief financial officer Meng Wanzhou in British Columbia at the request of the United States. Silver said the 2025 polling is the first time there hasn't been a wide gap in how Canadians view the world's two largest economies since the relationship with China took a "nosedive." The Pew Research Center survey found the share of Canadians who said the U.S. was more important for economic ties had dropped to 67 per cent from 87 per cent in 2019. "Now, while it's still a majority, it's down more than 20 percentage points with a corresponding rise in the share who prefer China," Silver said. This report by The Canadian Press was first published July 15, 2025. Kelly Geraldine Malone, The Canadian Press 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


Axios
12 minutes ago
- Axios
Iowa reports 7th measles case as U.S. outbreak grows
The Iowa Department of Health and Human Services (HHS) this week confirmed the state's seventh case of measles this year, raising concerns about a disease that was once nearly eradicated in the U.S. Why it matters: The return of measles — mostly caused by unvaccinated travelers and falling immunization rates — raises concerns as families travel or go on international vacations during peak summer season. Catch up quick: Measles spreads easily through the air, can stay in indoor spaces for hours, and causes serious illness in children and immunocompromised people. Two doses of the MMR vaccine are 97% effective at preventing the disease, which causes high fever, rash, cough and red eyes and can lead to severe complications like brain inflammation. State of play: Before this year, the last confirmed cases of measles in Iowa were in 2019, when there were two, per the HHS. Although the MMR shot is safe and effective, vaccination rates among Iowa kindergartners fell below the herd immunity target of 95% in the 2024-25 school year, according to the Centers for Disease Control and Prevention. The big picture: The U.S. is currently experiencing a multistate measles outbreak with nearly 1,300 cases confirmed in at least 39 states so far this year, according to the CDC. There have been three confirmed deaths, and 13% of cases led to hospitalization.