
Sen. Rand Paul on reconciliation bill: I will not vote to raise the debt ceiling by $5 trillion
Sen. Rand Paul (R-Ky.) joins 'Squawk Box' to discuss the fate of the House-passed reconciliation package, why he's against the bill, addressing the national debt, changes he'd like to see to the bill, and more.

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Yahoo
26 minutes ago
- Yahoo
How Dems will run on GOP's tax-and-spending bill
House and Senate Democrats' campaign arms teamed up on new internal polling that surveyed almost 20,000 voters to test how lawmakers can run on Republicans' sprawling tax-and-spending bill in 2026. The results: 'Messages that highlight GOP plans to cut key programs like Medicare and Medicaid … are consistently the most effective,' the Democratic Congressional Campaign Committee and Democratic Senatorial Campaign Committee wrote in a memo shared with Semafor. The firm that conducted the polling, Blue Rose Research, also found that only one in four voters think the bill will 'help them and their families.' The polling serves as a useful road map for how Democrats in both chambers plan to keep talking about the legislation over the next two years. Most have already seized on similar talking points even as GOP colleagues argue that changes to the programs are necessary to protect their integrity and reduce the deficit. 'Both House and Senate Republicans' cutting health care and food assistance programs, all to benefit the wealthy over working families is a potent negative attack,' the DCCC and DSCC wrote. 'Given these findings, it is key that both House and Senate Democrats continue to implement this message as far and wide as possible.'
Yahoo
26 minutes ago
- Yahoo
Child abuse awareness education bill gets a look after four sessions
The state Capitol in Harrisburg. (Capital-Star file) Pennsylvania schools would be required to integrate child abuse awareness and prevention into their curriculum under a bill being proposed in the state House of Representatives. 'We need to educate (children) when they are young. Sometimes by second grade, it's already too late. They've already been abused. But at least if they hear the program and they get it, we can then provide them with help,' said Abbie Newman, CEO of global and external affairs at Mission Kids Child Advocacy Center in Norristown. Newman testified Tuesday at a hearing for the legislation before the House Children and Youth Committee. No votes happened. Just an informational hearing with expert testimony. That's the furthest the measure has gone, though, with versions introduced during every legislative session since 2019. More than half of states already require schools to teach child abuse awareness and prevention, according to the bill's sponsor state Rep. Mary Jo Daley (D-Montgomery). The Department of Education would jointly develop the age-appropriate curriculum for students in kindergarten through high school with another state agency (likely Human Services) under the current version of House Bill 460, according to legislative researcher Ryan Kline. 'We want to make sure we get this right,' he said, noting the legislation probably will change. Proponents emphasized the need to engage experts — such as local child advocacy centers certified to provide preventative education — to help develop and deliver the curriculum. That could mitigate unintended consequences like traumatizing students and adding to the already overwhelming workload of public school teachers and faculty, they said. They also advised modeling evidence-based programs such as the Safe and Health Communities Initiative recently highlighted in the Journal of the American Medical Association. Researchers found rates of both substantiated and unsubstantiated child sexual abuse reports dropped after they'd implemented a three-pronged intervention in schools and surrounding communities across five counties in Pennsylvania. They reached nearly 15,000 second graders in the classroom and more than 14,000 adults through a combination of formal training and public education campaigns during 2018 through 2020. Asked how to improve the bill, one expert said a two-year launch seemed rushed. 'This is too important an issue,' said Benjamin Levi, a professor in the departments of humanities and pediatrics at Penn State College of Medicine. 'As a pediatrician, I've dealt with both reporting [and] the long-term consequences. As a researcher, I've looked at these issues. As someone who's developed educational programs, I know how hard it is to implement this. So I just want to caution that as we move forward, we need to be careful, deliberate, and evidence-based.' Levi noted, for example, the potential for reporting to increase. That could overwhelm the state's ChildLine reporting conduit if it remains resourced as is. He pointed out that ChildLine has about half the staff of its counterparts in Illinois and Michigan, which have comparable populations.
Yahoo
29 minutes ago
- Yahoo
Tesla stock slumps as Musk ramps up attacks on Trump's 'big, beautiful' bill: 'KILL the BILL'
Tesla (TSLA) stock slumped Wednesday in the immediate fallout of the very public policy blowout between President Trump and Tesla CEO Elon Musk, which Musk himself amped up on Wednesday. "Call your Senator, Call your Congressman, Bankrupting America is NOT ok! KILL the BILL," Musk posted on X. Musk added early Wednesday morning, "If the massive deficit spending continues, there will only be money for interest payments and nothing else!" The comments come after the one-time leader of the Department of Government Efficiency (DOGE) angrily posted on Tuesday, "I'm sorry, but I just can't stand it anymore. This massive, outrageous, pork-filled Congressional spending bill is a disgusting abomination." "Shame on those" who voted for it in the House, he said. Musk's rhetoric on Trump and the Republican-backed "big, beautiful bill" ramped up recently with Musk's comments to "CBS News Sunday Morning" and hit detonation levels with the now two-day barrage. It comes as the bill faces an uncertain future in the Senate, with a Congressional Budget Office estimation of its impact on the deficit adding fuel to Musk's line of argument. The nonpartisan office projected the House-passed version of the bill would add $2.4 trillion to deficits over the next 10 years. The formerly Musk-led DOGE itself has come under criticism for not producing the amount of budgetary cuts Musk touted it could find, and the cuts it has produced have been deeply unpopular. Musk's closeness to the Trump administration had been seen as a boon for Tesla, given its range of business with SpaceX and NASA and the regulatory levers NHTSA could pull with getting autonomous driving rules in place for Tesla's robotaxi testing. Read more: How to avoid the sticker shock on Tesla car insurance But demand weakness in the EU and recent protests at US Tesla showrooms have followed Musk's controversial foray into politics, causing some Tesla owners to become alienated by Musk, specifically by his right-leaning tendencies, DOGE, and outward support of President Trump. Tesla's big robotaxi test is slated for June 12 in Austin. Much of the company's value is tied to whether it can fully unlock autonomous driving for robotaxi purposes and individual owners. Meanwhile, Alphabet's (GOOG, GOOGL) Waymo continues to plow ahead and is essentially the leader in the space, accumulating 250,000 robotaxi trips per week. Also driving the news today is Tesla's bread-and-butter automotive business, where new sales reports from international regions have been mostly negative. A longtime bright spot, however, is Australia. Australian publication Drive reported that Tesla had 3,897 vehicle deliveries in May, its highest sales total in nearly a year. The refreshed Model Y powered those sales with 3,580 units sold, up 122.5% from a year ago, and total deliveries up 9.3%. Interestingly, Tesla's year-to-date sales are still down 48.2% in Australia. Model 3 sedan sales were down 83.8% in May. But May's strong sales of the updated Model Y may be an indicator of more positive news to come for the EV maker, which is still the top EV seller in the country. On the flip side, research firm New AutoMotive group reported that Tesla UK registrations in May tumbled 45% to 1,758 units. Meanwhile, overall UK car registrations rose 4.3%, and China rival BYD's sales more than doubled in May to 1,388 units, though both figures include gas-powered and hybrid autos. The UK's results follow the negative trends in Europe, where May sales in major regions like France, Sweden, Germany, Denmark, and Spain slumped lower. Only Norway and Austria saw Tesla sales gains in the month. Pras Subramanian is a reporter for Yahoo Finance. You can follow him on X and on Instagram. 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