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Virginia Democrat: Trump bill will be ‘political albatross’ for Republicans
- On Face the Nation last Sunday, Senator Mark Warner discussed the 'Big Beautiful Bill,' University of Virginia President James E. Ryan's resignation, and Iran’s capabilities, highlighting key political and international issues.
- Following late Friday, Senate Republicans released the One Big Beautiful Bill Act, passing it 51-49 Saturday to meet the July 4, 2025, signing deadline.
- The bill increases the debt limit by $5 trillion, quadruples SALT deductions to $40,000 for five years, and risks Medicaid loss for nearly 12 million low-income Americans.
- Following his remarks, the Senate released the latest bill version late Friday, passing it 51-49 Saturday to meet the July 4 deadline, with House lawmakers called back Wednesday for final votes.
- More broadly, lawmakers' use of accounting tricks risks setting a dangerous precedent, potentially adding $600–700 billion in interest payments and worsening the nation's fiscal outlook.
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Will Trump and Republicans Pay a Price?
President Trump is pushing what may be the most politically reckless and socially devastating budget bill in several generations — a sweeping reconciliation package that combines tax cuts for the rich with deep cuts to essential programs that millions of Americans depend on. The legislation would extend the 2017 tax cuts, heavily tilted toward the wealthy, while enacting new promises like eliminating taxes on tips — a largely symbolic gesture th…
·New York, United States
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Coverage Details
Total News Sources17
Leaning Left7Leaning Right2Center5Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 36%
14%
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