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Despite months of handwringing and a litany complaints from dozens of Congressional Republicans, President Donald Trump scored yet another major political victory Friday when he signed his One Big Beautiful Bill into law, just like he wanted. The measure, stuffed with Republican spending and policy priorities, threatens to balloon the federal deficit by more than $3 trillion dollars over the next decade while kicking millions of poor Americans off safety net programs like Medicaid and food assistance. But the effects won’t be felt immediately. Jacob Bogage, Congressional economics correspondent for The Washington Post, breaks down the details of the new law. And in headlines: The death toll from the devastating flooding in central Texas topped 70 people, the White House sent mixed messages on the future of Trump’s tariffs, and Israeli Prime Minister Benjamin Netanyahu is headed to the White House again amid a renewed push for a ceasefire with Hamas in Gaza. Show Notes: |
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