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INSANE: 6 - The Real Truth

Trump news at a glance: megabill hangs in balance as House Republicans struggle to convince holdouts

Chamber stalls for hours on procedural vote as the White House pressures fellow Republicans to get Trump’s sweeping tax and spending bill passed. Key US politics stories from Wednesday 2 July 2025

The Guardian - US

AOC Bashes Trump's 'No Tax On Tips' Bill Provision As 'Scam'

Representative Alexandria Ocasio-Cortez (D-NY) blasted the Trump administration’s proposed tax bill during a session in the House of Representatives on Wednesday, sharply criticizing a provision that eliminates taxes on tips. She warned that the provision, which Trump has portrayed as a “pro-labor” initiative, does not live up to its promise…

Benzinga

House members in mad scramble back to DC to vote on Trump’s ‘Big Beautiful Bill’ after heading home for July 4

Urgent call back comes as more than 200 flights into Reagan National Airport were either canceled or delayed Tuesday forcing many congress members to hit the roads

The Independent UK

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Trump celebrates signing of narrowly passed bill during White House July 4 event: Live updates

Trump signed his ‘big, beautiful bill’ into law on Independence Day

The Independent UK

Asian Markets Mixed As Trade Deal Cut-off Looms

Asian markets swung Wednesday amid trade war worries after Donald Trump said he would not push back next week's tariff deadline, with Tokyo taking a hit from threats to ramp up Japanese levies.

International Business Times

Freshman politicians go to first day of 'Senate school'

Newly-elected senators have been formally introduced to the upper chamber as they undergo their orientation before parliament resumes.

AAP

'One Big Beautiful Bill' Passes Senate With JD Vance's Tie-Breaking Vote, Trump Says 'It's Going To Go Very Nicely In The House"

Senate Republicans have managed to pass President Donald Trump’s massive tax-and-spending bill, a package that could add $3.3 trillion to the national debt. The legislation is now set to move to the House of Representatives for potential final approval.

Benzinga

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US Senate passes Trump’s ‘One Big Beautiful Bill’, sending it to the House

Trump has set a July 4 deadline for bill, which extends tax cuts, slashes social safety nets and surges national debt.

Al Jazeera

Senate Republicans pass Trump’s sweeping policy bill, clearing major hurdle

Legislation goes to House but unclear if lower chamber will accept changes to tax and spending bill amid factional splits

The Guardian - US

Coinbase stock surges 38% on regulatory clarity and a Bernstein price target boost

Coinbase shares reached a 52-week high on Wednesday after a stablecoin bill passed the Senate last week.

Fortune

Dubya Dubya II: Democrats see echoes of Bush Iraq War push in Trump’s Iran nukes rhetoric

“If this president wants to completely ignore the intelligence community, we are playing in dangerous ground,” one senator warned

The Independent UK

Congress should be ashamed over helping Trump cut foreign aid, activists say

Campaigners say the US government has been withholding funds for orphans and vulnerable children unlawfully – before a vote in Congress has backed Trump’s move

The Independent UK

House tax-and-spending bill and other Trump administration changes could make millions of people lose their health insurance coverage

President Donald Trump has promised not to cut Medicaid many times over the past decade, including in the tax-and-spending legislative package he has made a top priority in his second administration.

The Conversation

Budget office warns 10.9 million in U.S. could lose health care under Trump’s ‘big, beautiful bill’

The legislation would also explode the debt by $2.4 trillion and decrease tax revenue by $3.7 trillion over the next 10 years, the audit found.

The Independent UK

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The Guardian - US

Elon Musk calls Trump’s ‘big, beautiful’ tax bill a ‘disgusting abomination’

The former head of Doge said the ‘outrageous’ tax bill would cause the deficit to grow to $2.5tn

The Conversation

Nigerian children don’t imagine women as political leaders: what shapes their view

A new ranking by UN Women and the Inter-Parliamentary Union puts Nigeria 179th out of 185 countries for the percentage of women in the national legislature.

We Got This Covered

Joni Ernst gets brutally booed after telling concerned constituents ‘we all are going to die’ during heated Medicaid town hall

Republican Senator Joni Ernst faced intense criticism and pushback from constituents during a recent town hall meeting where discussions about proposed Medicaid cuts turned contentious. The heated exchange centered around the reconciliation bill, which has already passed the House of Representatives with support from most Republicans.

The Conversation

There’s no evidence work requirements for Medicaid recipients will boost employment, but they are a key piece of Republican spending bill

Republicans in the U.S. Senate are sparring over their version of the multitrillion-dollar budget and immigration bill the House of Representatives passed on May 22, 2025.

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The Guardian - US

Republicans are dodging fired federal staff: ‘They will not even look in our direction’

Members of Congress are accused of hiding out when workers have sought answers on why their jobs were axed

Barchart

Stock Index Futures Muted as U.S. Debt Fears Continue to Weigh on Sentiment, Fed Speak on Tap

June S&P 500 E-Mini futures (ESM25) are down -0.05%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.09% this morning as concerns remain about the U.S. fiscal outlook after President Donald Trump’s signature tax bill narrowly passed the House of Representatives on Thursday.

Kiplinger

Stock Market Today: Stocks Chop After House Passes Trump's Tax Bill

The bill, which was narrowly approved by the House of Representatives, will now move to the Senate.

Reason

Republicans Just Killed California's E.V. Mandate. Will They Regret It?

The vote could set a dangerous precedent and empower progressive policymaking in the future.

The Independent UK

Trump’s ‘big, beautiful bill’ one step closer after tense vote

IN FULL

The Independent UK

Senate passed ‘no tax on tips.’ Here is who could see massive drops in their bill to Uncle Sam

The bill was swiftly passed in a surprise move and will now go to the House of Representatives for a vote

AAP

Retain: PM officially declared winner of Sydney seat

Anthony Albanese has been declared the winner in his seat of Grayndler, increasing his primary vote after easily winning on first preferences.

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