
Israel Pushes to Gain Ground in Gaza as Hamas Weighs Ceasefire
The escalation comes as Hamas weighs a call by Trump to enter a 60—day ceasefire during which it would return half of the 50 hostages it still holds and pursue mediated talks with Israel to end the war. The proposal, accepted by Israeli Prime Minister Benjamin Netanyahu, will be one of the major topics during his visit to Washington next week.
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Fox News
33 minutes ago
- Fox News
Trump says economy will ‘rocket' after signing 'big beautiful bill': ‘It's going to be really great'
President Donald Trump on Thursday celebrated Congress' passage of his "big, beautiful bill," describing the sweeping measure as "the biggest bill of its kind ever signed" and promising, "it's going to make this country into a rocket ship. It's going to be really great." Earlier in the day, the House narrowly approved the package by a 218-214 vote after a marathon overnight session on Capitol Hill – the final hurdle after the Senate passed the measure earlier in the week. He noted that only two Republican lawmakers, Reps. Thomas Massie, of Kentucky, and Brian Fitzpatrick, of Pennsylvania, voted against the bill. Zero Democrats backed it. "Well, I was disappointed that [Fitzpatrick] did that. There were two of them that voted down, so I was disappointed that he voted no," Trump said. He hailed the outcome as a sign of GOP unity heading into the Independence Day weekend. "When you go over the bill it was very easy to get through the House," Trump URGES HOUSE REPUBLICANS TO IGNORE 'GRANDSTANDERS' AND DELIVER HIS 'BIG, BEAUTIFUL BILL' BY JULY 4 Trump touted the bill's broad scope, adding that it provides the "biggest tax cut in history" along with major investments in border security and the military. "Great for security, great on the southern border, immigration is covered, we covered just about everything. Again, it's the biggest bill ever signed of its kind," the president said. "We'll have growth in record numbers," he added. The White House stated that the bill will "create historic economic growth to usher in America's Golden Age." "The bill provides Americans with the largest tax cut in history, paired with a host of other pro-growth policies that will slash our deficits and debt. America is going to take off like a rocket ship!" White House spokeswoman Abigail Jackson told Fox News Digital. The president also previewed a patriotic signing ceremony set for Independence Day. Trump said he will officially sign the bill at the White House on Friday around 5 p.m., with an array of U.S. Air Force jets soaring overhead in celebration. "We're signing at about 5:00 p.m., and at about 5:00 p.m. we're going to have B-2s and F-22s and F-35s flying right over the White House... so we'll be signing with those beautiful planes flying right over our heads," he told reporters on the tarmac.
Yahoo
35 minutes ago
- Yahoo
Fact Check: The just-passed 'Big Beautiful Bill' will increase national debt by trillions of dollars, according to CBO
Claim: H.R. 1, the budget omnibus bill U.S. President Donald Trump called the "One Big Beautiful Bill Act," will add trillions of dollars to the national debt. Rating: Amid the U.S. Congress' voting and deliberations over the annual budget bill in June and July 2025, which President Donald Trump deemed "One Big Beautiful Bill," was — as usual — some conversation around how the proposed changes would affect the national debt. In particular, posts on social media popped up claiming that the bill would add "$3.9 trillion to the national debt." The number in the claim, theoretically, comes from nonpartisan Congressional Budget Office reports. The office is required by federal law to provide estimates on how major legislation would affect the federal budget, including the budget bill — H.R. 1. However, the numbers in those reports change as legislators workshop and amend the bill. For instance, on June 18, the CBO's report on the version of H.R. 1 passed by the House of Representatives found the bill would increase the federal debt by about $2.8 trillion over the next 10 years. Meanwhile, on June 29, the CBO released data on the Senate's version of the bill that found it would increase the federal debt by about $3.3 trillion over the next 10 years. In this case, the $3.9 trillion estimate appeared to come not from the CBO but from the Committee for a Responsible Budget, a nonprofit group that advocates for cutting government spending and reduce the national debt. While the number in social media posts was not based on CBO reports, the claim that the CBO found Trump's budget bill would add trillions of dollars to the national debt over the next 10 years was true. The federal government's budget surplus is calculated by subtracting the amount of money the government spends in a given year from the amount of money it raises. When the government spends more than it earns, the budget is in a deficit, as has been the case since 2001. The debt is the total of the yearly deficits. According to the Treasury Department's website, the national debt is $36.21 trillion, as of this writing. (The government also must pay interest on the debt.) On July 1, the Senate passed the bill — Republican Sens. Susan Collins of Maine, Rand Paul of Kentucky and Thom Tillis of North Carolina joined all Democrats to vote no, with Vice President JD Vance breaking the 50-50 tie. The bill returned to the House of Representatives to reconcile the two versions. The House passed it in a 218-214 vote (two Republicans joined all Democrats to vote against it) on July 3. Trump said he would sign the bill on July 4. CBO Score Shows Senate OBBBA Adds Over $3.9 Trillion to Debt-2025-06-28. 28 Jun. 2025, Estimated Budgetary Effects of an Amendment in the Nature of a Substitute to H.R. 1, the One Big Beautiful Bill Act, Relative to the Budget Enforcement Baseline for Consideration in the Senate | Congressional Budget Office. 28 Jun. 2025, Fiscal Data Explains the National Debt. Accessed 3 Jul. 2025. Fiscal Data Explains the National Deficit. Accessed 3 Jul. 2025. Green, Justin. "Senate's 'Big, Beautiful Bill' Would Add $3.3 Trillion in New Debt: CBO." Axios, 29 Jun. 2025, Gross Domestic Product. 26 Jun. 2025, H.R. 1, One Big Beautiful Bill Act (Dynamic Estimate) | Congressional Budget Office. 17 Jun. 2025, Izzo, Jack. "Posts Online Correctly Cracked the Formula for Trump's Tariffs." Snopes, 4 Apr. 2025, Sangal, Deva Lee, Leinz Vales, Maureen Chowdhury, Shania Shelton, Aditi. "Live Updates: Congress Passes Trump's 'Big, Beautiful Bill' | CNN Politics." CNN, 3 Jul. 2025, "Senate Republicans Advance Trump's Tax and Spending Cuts Bill after Dramatic Late-Night Vote." AP News, 28 Jun. 2025, Stein, Chris, and Rachel Leingang. "Senate Republicans Pass Trump's Sweeping Policy Bill, Clearing Major Hurdle." The Guardian, 1 Jul. 2025. The Guardian, Swift, Rocky, et al. "Trump's 'big, Beautiful' Bill Set to Further Tarnish Treasuries' Lustre Overseas." Reuters, 30 Jun. 2025. "The One Big Beautiful Bill Slashes Deficits, National Debt While Unleashing Economic Growth." The White House, 30 Jun. 2025, U.S. Senate: U.S. Senate Roll Call Votes 119th Congress - 1st Session. Accessed 3 Jul. 2025.


Fox News
an hour ago
- Fox News
Trump touts promises kept at America250 kickoff event at Iowa State Fairgrounds
President Donald Trump touted "promise[s] kept" during his address at the America250 kick-off event at the Iowa State Fairgrounds on Thursday, after Republicans passed the One Big Beautiful Bill Act earlier in the day. "There could be no better birthday present for America than the phenomenal victory we achieved just hours ago when Congress passed the one big, beautiful bill to Make America Great Again," Trump told the crowd shortly after jumping on stage. "With this bill, every major promise I made to the people of Iowa in 2024 became a promise kept." The bill is expected to be signed by the president during an official signing ceremony Friday afternoon on the Fourth of July holiday. Trump's speech in America's heartland kicks off a series of events that will take place over the next year, focused on celebrating the 250th anniversary of the signing of the Declaration of Independence. The celebrations are being spearheaded by the America250 commission, a bipartisan cohort of private citizens and lawmakers. "This momentous gathering in the heartland signals the beginning of an extraordinary year ahead – one where America250 will unite our nation through events in every state and territory, culminating in the most monumental celebration our Country has ever known," America250 said of Trump's visit on Thursday. The celebration comes after Trump held a military parade honoring the U.S. Army's 250th anniversary on June 14, which included tanks chugging down the streets of Washington, D.C., military flyovers and a grand fireworks display over the National Mall. The parade was held on Flag Day, which also marked Trump's 79th birthday. Other patriotic events are already on America250's schedule as a year of celebration kicks off on July 3, including an ongoing Department of Transportation's Great American Road Trip initiative, which encourages Americans to explore the nation's highways and byways, as well as a 4th of July celebration at President George Washington's Mount Vernon, and historical battle reenactments. During the president's address in Iowa Thursday night, he praised Iowans for their support, noting "we won so much here." "We love Iowa, and we won all three times. So that's pretty good – and won by a lot," Trump said. "But I'm thrilled to be back in a state that I love, and I really do love it too. With thousands of proud, hard working patriots at the world famous Iowa State Fairgrounds. Thank you." Attendees for Thursday's America250 kick-off event have been lining up outside the Iowa State Fairgrounds since this morning to get inside where Trump is speaking, despite hot summer temperatures in the mid-90s ahead of the event. In attendance at the event are members of President Trump's cabinet, including Homeland Security Secretary Kristi Noem and Energy Secretary Doug Burgum, as well as numerous members of the GOP's Iowa congressional delegation. Lee Greenwood, known for his song titled "God Bless the USA" that is frequently used by the president at his rallies, performed for the president as he walked out and there will also be fireworks following Trump's address.