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The Latest Breaking News from CBO

Drug Innovation At Risk By Trump Budget, Says Congressional Budget Office

According to a new U.S. Congressional Budget Office analysis, President Donald Trump’s 2026 budget plan proposes cuts to the National Institutes of Health that could significantly reduce the number of new drugs entering the market.

Benzinga

Trump tax bill to add $3.4tn to US debt over next decade, new analysis finds

Congressional Budget Office report estimates bill will leave 10m more Americans without health insurance by 2034

The Guardian - US

How A $250 Provision In Trump's 'Big, Beautiful Bill' Could Help Cut the US Deficit By Billions

In the recently passed “Big, Beautiful Bill,” visitors to the United States will now be required to pay a new visa integrity fee, which has the potential to slash the U.S. Federal Deficit over a decade.

Benzinga

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Trump’s big beautiful bill includes a $250 ‘visa integrity fee’ travelers will have to fork over

Tourists, business travelers, and international students will be required to fork over the new fee.

Fortune

CBO finds health agency cuts would result in fewer new drugs - Roll Call

Potential NIH and FDA cuts could lower the number of new drugs that come to market in the next three decades, according to a CBO analysis.

Roll Call

How 17M Americans enrolled in Medicaid and ACA plans could lose their health insurance by 2034

The big tax and spending package President Donald Trump signed into law on July 4, 2025, will cut government spending on health care by more than US$1 trillion over the next decade.

The Conversation

Republicans slammed online for celebrating children going hungry and millions losing Medicaid from Trump’s bill

Republicans gave thumbs up and danced in the House as they celebrated stripping health insurance from millions of fellow Americans.

The Independent UK

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Trump’s big bill achieved what conservatives have been trying to do for decades

The Republican fantasy of lower taxes and hard-to-access social safety net programs will now be a reality

The Guardian - US

Trump’s tax-and-spending bill passes Congress in major win for president

Early-morning negotiations proved enough to persuade hardline House conservatives to back bill in 218-214 vote

The Guardian - US

Fact-checking Trump’s immigration and One Big Beautiful Bill claims

US president made a series of remarks while touring Florida’s Alligator Alcatraz immigration detention centre.

Al Jazeera

‘It’s harsh. It’s mean, brutal’: Trump bill to cause most harm to America’s poorest

President embraces Robin-Hood-in-reverse policies to benefit wealthiest and hurt those earning under $50,000

The Guardian - US

How Trump’s bill will supercharge mass deportations by funneling $170bn to Ice

Critics warn the staggering sum dedicated to the agency in the bill will threaten humanitarian protections and disrupt the economy

The Guardian - US

Republican Holdouts

Plus: Zohran Mamdani doesn't understand what New York's families need, Lia Thomas titles revoked, and more...

Reason

Senate Republicans pass Trump’s big bill – but it may cost them in the future

Sweeping policy bill had tumultuous road to passage in Senate – will the final version play well with US voters?

The Guardian - US

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Kiplinger

Elon Musk and Most Taxpayers Don't Like What's in Trump's 'Big Beautiful Bill'

President Trump is betting big on his newest tax cuts, signed into law on July 4. But not everyone is on board.

Euronews

US Senate passes Trump's 'big beautiful' tax and cuts bill after turbulent all-nighter

The package now goes back to the House, where Speaker Mike Johnson had warned senators not to overhaul what his chamber had already approved.

Al Jazeera

Who wins, who loses if Trump’s One Big Beautiful Bill becomes law?

The rich, families with children, some carmakers, will gain, while EV makers, those on food stamps, Medicaid will lose.

Reason

Senate's Tax Bill Will Add $270 Billion to the Deficit Next Year, Despite Gimmicks

The House-passed version of the One Big Beautiful Bill Act was fiscally irresponsible. The Senate has made the bill worse.

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news in one place.

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Al Jazeera

US Senate begins debate on Trump’s ‘Big, Beautiful Bill’

Forecaster says the bill would cut health cover for 11.8 million people and increase deficit by $3.3 trillion.

The Independent UK

Senate megabill would explode debt and kick 11.8 million off Medicaid: ‘Our fiscal house is basically on fire’

Over a decade, the bill would add at least $3.3 trillion to the national debt, according to the Congressional Budget Office

The Guardian - US

Senate opens debate on Trump’s bill estimated to add $3.3tn to US debt

Democrats required clerks to read aloud the 940-page bill focused on tax cuts, immigration policy and healthcare

The Guardian - US

Senate Republicans advance Trump’s ‘big, beautiful’ bill in key vote

Clearing an important procedural hurdle, the Senate voted 51 to 49 to open debate on the legislation

The Independent UK

What's in the latest version of Trump's big bill now before the Senate

At some 940-pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, including new money for national defense and deportations

The Independent UK

The Latest: NATO leaders agree on spending hike, vow to defend each other

NATO leaders agreed on Wednesday on a massive hike in defense spending after pressure from U.S. President Donald Trump, and expressed their “ironclad commitment” to come to each other’s aid if attacked

We Got This Covered

10,000 people a year might die under Donald Trump’s rule but don’t worry the billionaires are doing fine

The American Dream, redefined.

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