Rep. Moran speaks on the ‘Big Beautiful Bill' aimed at cutting $1.5 trillion from spending
TYLER, Texas (KETK) — Rep. Nathaniel Moran, R-TX, spoke on President Donald Trump's 'Big Beautiful Bill' fiscal package that aims to cut $1.5 trillion from the government's budget, impacting programs and tax laws such as Medicaid, tax on tips, overtime and more.
Party with purpose at 4th annual blind ambition event benefiting Tyler nonprofit
The 'Big Beautiful Bill' is a comprehensive bill from President Donald Trump that includes many factors and laws, mainly focused on cutting $1.5 trillion in spending from the government's budget.
This bill would remove taxes on tips, overtime, make Trump's 2017 tax cuts permanent and Americans could potentially receive tax cuts if the standard deduction is increased. The bill would also cut funding for programs such as Medicaid and SNAP, Rep. Nathaniel Moran explained the reason for these cuts.
'This is stuff that's ballooned over the past ten years where we now have 23 million plus able bodied adults that are on Medicaid that we need to put back to work,' Moran said. 'We need to incentivize them to go back to work and by doing so then they can find their own health insurance and we're happy for that to happen so they can raise their station in life.'
Reward increased to $30K for East Texas fugitive, Gov. Abbott says
While the tax cuts could help everyday Americans save money, businesses and companies are claiming they have to raise store prices due to tariffs. Moran said he is hopeful these tariffs are just a short-term necessity and business can bounce back.
'Well business have to do what they have to do to take in the rising costs related to some of the short term tariff negotiations, my hope is that this is in fact what it is, a short term negotiation strategy not a long term economic policy,' Moran said.
These tariffs play a role in America's trades with other countries and according to Moran, China has been violating American trade laws for quiet some time now.
'We are supportive of a number of bills that are out there that actually push back against China's circumvention of our trade laws,' Moran said. 'They have been violating our trade laws for decades now.'
'You got to play by the rules, China is not playing by the rules and China is not playing by the rules because they know they cannot compete with us head to head,' Moran said. 'They can't compete with us in a way that we have done over the last 80 years.'
Tyler ISD celebrates 2025 Project SEARCH graduates
Keep on the lookout for more updates on this bill as changes may occur.
House Speaker Mike Johnson said he hopes to advance the tax plan through the chamber for a vote before the Memorial Day recess.
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
Newsweek
22 minutes ago
- Newsweek
Donald Trump's World Is 'Fracturing,' Former Giuliani Associate Warns
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Lev Parnas, a former associate of Rudy Giuliani, is warning that President Donald Trump's world is "fracturing" amid Elon Musk's rebuke of his sweeping spending bill and other recent policy moves. Newsweek reached out to the White House via email for comment on Wednesday. Why It Matters The One Big Beautiful Bill Act is a key avenue for Republicans to advance the White House's agenda following the widespread GOP victories in the November election. Key Republican holdouts in the House and Senate have voiced opposition to the bill, citing concerns that it would increase the national debt, among other worries. In a post on X, formerly Twitter, on Tuesday, former Department of Government Efficiency chief Musk bashed the piece of legislation, saying, "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: you know you did wrong. You know it." Musk doubled down in another X post on Wednesday: "A new spending bill should be drafted that doesn't massively grow the deficit and increase the debt ceiling by 5 TRILLION DOLLARS." What To Know In a Substack article published on Wednesday, Parnas mentioned Musk's recent shift against the president's beloved legislation. "I've been warning you for months now — there are real cracks forming inside Trump's world. And not just little disagreements behind the scenes," Parnas wrote. "The latest — and loudest — break came from Elon Musk." Parnas said that Musk was "paraded around the White House" in the first few months of Trump's second term, but the Tesla billionaire is no longer "playing" along. The former Giuliani associate is a Ukrainian American businessman who was convicted in 2021 of fraud and campaign finance crimes. He was then sentenced to 20 months in prison. "I've seen how this works from the inside," Parnas wrote. "When loyalty turns to silence, and silence turns to defiance — it's over. The myth of Trump's control starts to collapse." "But Elon is just the loudest crack. The truth is, Trump's empire is fracturing on every front," he added. Parnas went on to note that policy decisions, such as tariffs, praise for Russian President Vladimir Putin, and the acceptance of a Qatari airliner, are also causing cracks in Trump's world. "And I'm telling you now: the very foundation of Trump's power — fear and obedience — is crumbling," Parnas wrote. "Elon might be the first to break publicly, but he won't be the last. There are lawmakers. There are donors. There are insiders. I promise you, they are rattled. And some of them are looking for a way out." Lev Parnas testifies during a House Oversight and Accountability Committee hearing on March 20, 2024, in Washington, D.C. Lev Parnas testifies during a House Oversight and Accountability Committee hearing on March 20, 2024, in Washington, People Are Saying President Donald Trump, Monday on Truth Social: "So many false statements are being made about 'THE ONE, BIG, BEAUTIFUL BILL,' but what nobody understands is that it's the single biggest Spending Cut in History, by far! But there will be NO CUTS to Social Security, Medicare, or Medicaid." Trump continued: "In fact, they will be saved from the incompetence of the Democrats. The Democrats, who have totally lost their confidence and their way, are saying whatever comes to mind — Anything to win! They suffered the Greatest Humiliation in the History of Politics, and they're desperate to get back on their game, but they won't be able to do that because their Policies are so bad, in fact, they would lead to the Destruction of our Country, and almost did." The president concluded, "The only 'cutting' we will do is for Waste, Fraud, and Abuse, something that should have been done by the Incompetent, Radical Left Democrats for the last four years, but wasn't." White House press secretary Karoline Leavitt told reporters on Tuesday: "Look, the president already knows where Elon Musk stood on this bill. It doesn't change the president's opinion." What Happens Next Trump has set a deadline for Senate Republicans to pass the bill and have it on his desk before July 4. It is unclear whether Republican senators will garner enough votes to get it done.
USA Today
22 minutes ago
- USA Today
Trump's early-term momentum has hit a wall. Here's why.
Trump's early-term momentum has hit a wall. Here's why. From Gaza to Ukraine and from federal judges to the Federal Reserve, President Donald Trump has seen his early White House successes take a back seat to emerging struggles. Show Caption Hide Caption Elon Musk slams Trump's big tax bill on X Days after leaving the White House, Elon Musk slammed President Trump's big tax bill on X. WASHINGTON − Governing? Harder than it looked. Just as Donald Trump is pushing to pass the centerpiece of his domestic agenda, former BFF Elon Musk is trashing his "big, beautiful bill" as "a disgusting abomination." The president's prediction that Vladimir Putin would heed his entreaties to end the Ukraine war in 24 hours is stretching into Month Five. Judges he appointed to the bench are daring to rule against him. From cutting federal spending to deporting illegal immigrants, from reaching a nuclear deal with Iran to negotiating a ceasefire in Gaza, Team Trump is running into roadblocks that are making it difficult to deliver on promises he confidently made before moving into the White House. More: Trump erupts when asked about 'TACO trade' ― a new nickname mocking his tariff approach There are some skid marks where the rubber has met the road. To be sure, some of Trump's problems come from a surplus of early successes and from the breadth of his ambitions. Through a flood of executive orders and actions, he has launched a transformation of the USA's approach to the world and the federal government's role in Americans' lives. Congressional Democrats are still struggling to craft a consistent and coherent strategy against him. But the pushback from other forces has become increasingly problematic for the White House − pushback from skeptical judges, foreign leaders with their own priorities, a steady-as-she-goes Federal Reserve and the reality of budget arithmetic. If Trump's first 100 days were a rollercoaster, the second 100 days, a span that ends on Aug. 8, are proving to be a bit of a slog. Ukraine: 'It'll be done within 24 hours' The question for Trump − as it was for many of his predecessors in the White House − is how he chooses to respond, whether he doubles down or adjusts his goals and tactics when obstacles loom. Consider Ukraine. In dozens of campaign speeches, candidate Trump said he would settle the war in Ukraine within a day of taking office, and perhaps even before he moved in. More: Russia's 'Pearl Harbor': What to know about Ukraine's audacious drone strike "I know Zelenskyy, I know Putin," he said at one Pennsylvania rally, referring to Ukrainian President Volodymyr Zelenskyy and his Russian counterpart "It'll be done within 24 hours, you watch. They all say, 'That's such a boast.' It will be done very quickly.'" But Putin has swatted away Trump's demands for a quick ceasefire, and Ukrainian forces have engineered a stunning drone assault on Russian military forces. An end to the war seems nowhere in sight. "I'm very disappointed," Trump said on May 28. What does he do next? More: Russia demands harsh terms at Ukraine peace talks Trump has threatened sanctions on Russia but is clearly loath to impose them. He has also suggested the United States may just walk away, leaving the conflict to the two warring parties and the Europeans to figure out. He faces similar calculations on tariffs, where he has delayed or reduced his most far-reaching threats to China and elsewhere when they seemed to rattle the stock markets. Does he follow through on his July 8 deadline for trading partners to make deals or be hit with the most stringent tariffs in close to a century? And on Gaza, where Israeli Prime Minister Benjamin Netanyahu, a longtime ally, has resisted the administration's efforts to negotiate a ceasefire. "Get it over with and let's get back to peace and stop killing people," Trump had vowed during the 2024 campaign. But the region is still wracked by chaos and violence, in recent days over the distribution of food aid. For presidents, a familiar problem Trump is hardly the first president to find himself stymied by the realities of governing and the frustrations of the balance of power. Franklin D. Roosevelt was so enraged by Supreme Court decisions undercutting his New Deal that in 1937 he proposed packing the court with additional, and presumably friendlier, justices. That idea went nowhere, though the high court started to be more welcoming to his initiatives. More than a half-century later, Bill Clinton adopted a strategy of cooperation with the new Republican House speaker, Newt Gingrich, when Democrats lost control of Congress in the 1994 midterm elections. The policy, dubbed "triangulation," dismayed liberal Democrats but led to welfare reform and a balanced budget. More: Elon Musk slams President Trump's big tax and policy bill as a 'disgusting abomination' After Democratic setbacks in the 2014 midterms, Barack Obama said he still had the ability to deploy "the pen and the phone" − that is, to sign executive actions and to activate outside allies. Trump enjoys considerable political assets, including the discombobulation of Democratic leaders and the loyalty of congressional Republicans. More: Trump lashes out at Sen. Rand Paul over opposition to big tax bill That is being tested by the battle over the bill known as reconciliation. The sprawling measure would extend and expand tax cuts from Trump's first term, add billions of dollars for border security, and trim billions from Medicaid and clean-energy tax credits. It would also increase the national debt by a budget-busting $2.4 trillion over 10 years, according to the updated estimate by the nonpartisan Congressional Budget Office. In previous showdowns, Trump has prevailed in Congress, in part because GOP members see their reelections at risk if an unhappy president backs primary challengers against them. He is lobbying for the bill as "arguably the most significant piece of Legislation that will ever be signed in the History of our Country." But Musk, who until May 27 led Trump's DOGE budget-cutting initiative, has weighed in on the other side, warning the legislation would create a "crushingly unsustainable debt." His warnings are being cited by Kentucky Sen. Rand Paul and a handful of other GOP senators alarmed by the bill's impact on the federal budget deficit. The tech billionaire posted an electoral threat of his own on X. The social-media platform is a political asset, too, not to mention the hundreds of millions of dollars that the world's richest man has been willing to spend in the past on political campaigns. "In November next year," he proposed, "we fire all politicians who betrayed the American people."
Yahoo
24 minutes ago
- Yahoo
Dionisio Gutiérrez Leads Summit for Freedom and Democracy in Ibero-America
MADRID, June 4, 2025 /PRNewswire/ -- From May 20 to 23, Fundación Libertad y Desarrollo held the 6th Citizen Convention in Spain—a summit that reaffirmed Ibero-America's most important mission: to rescue politics and, now more than ever, to defend the principles of freedom as the only path toward building successful nations. Dionisio Gutiérrez served as the host and articulating voice of this forum, which brought together former presidents, intellectuals, academics, and former officials from Western security agencies. The event was inaugurated on May 20 in Madrid with the "Dinner for Freedom", an evening that marked the beginning of three days of idea exchange and proposal analysis. In his speech, Gutiérrez warned about the advance of populism and authoritarianism in Latin America and called for restoring trust in politics through integrity. He also evoked the moral and intellectual legacy of Mario Vargas Llosa in upholding the values of freedom and democracy across Ibero-America. The following day, at the historic Ateneo de Madrid, Gutiérrez took part in the events organized by the Liberty and Democracy Group and the International Foundation for Freedom. There, he highlighted the shared commitment to building a free, institutional, and pluralistic Ibero-America. "We need to promote liberal principles in the face of ideological confusion affecting both the elites and the citizenry," Gutiérrez told an audience of former presidents, lawmakers, writers, and scholars. The summit's central session took place on May 22 at the Teatro Campoamor in Oviedo, where Gutiérrez officially opened the 6th Citizen Convention before an audience of 1,300 attendees and two dozen media outlets. In his speech in Oviedo, Gutiérrez was emphatic: "Freedom is a wounded word in Latin America. We live under the false freedom of despots, who distort it, manipulate it, and turn it into an instrument of subjugation." In response to this decline, he announced the creation of the Permanent Academic Forum, a space to debate ideas and turn them into concrete proposals for the region. To close the 6th Citizen Convention, a special tribute to Ibero-American migration was held at the Archivo de Indianos and Museo de la Emigración in Colombres, Asturias. There, Dionisio Gutiérrez raised the flag of Guatemala as a symbol of the historic bond between both sides of the Atlantic. The event honored the memory of Ibero-American migrants as builders of identity and freedom—an emotional finale that reaffirmed the Encuentro's spirit of integration. For more information, please visit our website or write to contacto@ View original content to download multimedia: SOURCE Fundación Libertad y Desarrollo Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
