In the latest development of the “Dude, What Law Did I Just Pass?” saga, Republicans were surprised to discover a provision within Donald Trump’s budget bill that alters gambling loss deductions. The new rule, implemented at the last minute by Senator Mike Crapo, limits gamblers’ ability to deduct losses, requiring them to pay taxes even when breaking even. Several Republican senators, caught off guard by the provision’s inclusion, expressed a lack of awareness regarding its details. Bipartisan efforts are now underway in both the House and Senate to repeal the rule, with concerns that it may drive bettors towards unregulated gambling.
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NOTUS reported that President Trump appeared unaware that his budget bill, which he touted as “big and beautiful,” included cuts to Medicaid. During a meeting with House Republicans, he was informed that the bill, which he had been presenting as a plan that protected Medicare, Medicaid, and Social Security, actually slashed Medicaid funding. This revelation raises concerns about Trump’s understanding of the legislation and suggests that he may be acting as a figurehead for the Heritage Foundation. The bill’s changes to Medicaid and the Affordable Care Act are projected to result in millions of Americans losing their health insurance.
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The proposed “Big Beautiful Bill” is facing significant challenges in the Senate, with estimates from the Congressional Budget Office indicating that it could lead to nearly 12 million Americans losing health insurance coverage and increase the national debt by $3.3 trillion. The bill narrowly passed a preliminary vote, but faces strong opposition from Democrats, who criticize the proposed cuts to healthcare funding and tax benefits for the wealthy. With a narrow Republican majority, the bill’s passage remains uncertain, as the Senate debates the legislation and Democrats employ tactics to delay a final vote. The bill, if passed, would require House approval before reaching the president.
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In response to Representative Alexandria Ocasio-Cortez’s call for his impeachment regarding the bombing of Iran, former President Trump launched a lengthy attack on the congresswoman, calling her “dumb” and questioning her qualifications. He then went on to criticize her and other progressive women of color in the Democratic Party. Trump also challenged Ocasio-Cortez to take the same cognitive test he once completed. In addition, he suggested she focus on her own district rather than pursuing his impeachment, while referencing low poll numbers for Democrats.
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President Trump declared that Elon Musk will face “serious consequences” if he funds Democratic candidates opposing Republicans who support the GOP’s budget bill, though he declined to specify them. Trump stated that he doesn’t wish to reconcile with Musk following their public feud, which stemmed from Musk’s criticism of the budget bill and subsequent attacks on Trump. Trump dismissed Musk’s past allegations as “old news” and expressed confidence in the bill’s passage, even suggesting that the conflict inadvertently strengthened its support. Despite previous support for Trump, Musk’s actions are now seen by Trump as disrespectful to the presidency.
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The Republican “One Big Beautiful Bill Act,” aiming to permanently enact Trump-era tax cuts, faces significant opposition. To offset the cost of these cuts, primarily benefiting the wealthy, the bill proposes deep cuts to Medicaid, SNAP, and Medicare. Democrats strongly criticized the bill’s late-night, rushed passage, highlighting its negative impact on low-income Americans and the lack of transparency. The bill’s passage remains uncertain, even with Republican control of Congress, due to internal disagreements and significant Democratic opposition.
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John Q. Hosedrinker