TV News LIES

The Senate’s version of President Trump’s “big, beautiful bill” passed Tuesday would make significant changes to student loan programs, worrying advocates that borrowers will face higher monthly payments.

The reconciliation bill revamps the types of student loan repayment plans available to borrowers; how much students will be able borrow from the federal government; and how student loan deferment works.

A storied US agency, one that began under President Kennedy in 1961 with the aim of providing global stability through a wide array of humanitarian aid and development programs, has now formally closed.

Since January, the Trump administration has systematically dismantled the US Agency for International Development (USAID), canceling thousands of contracts and firing or placing on leave thousands of employees within the U.S. and overseas.

In a public statement issued in early February, the U.S. State Department wrote that USAID "has long strayed from its original mission of responsibly advancing American interests abroad, and it is now abundantly clear that significant portions of USAID funding are not aligned with the core national interests of the United States."

To course correct, Secretary of State Marco Rubio was appointed as Acting Administrator of USAID. And as of July 1, the remainder of the aid agency will be absorbed into the State Department.

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The Trump administration has raised the possibility of stripping Zohran Mamdani, the Democratic mayoral candidate for New York City, of his US citizenship as part of a crackdown against foreign-born citizens convicted of certain offences.

Karoline Leavitt, the White House press secretary, appeared to pave the way for an investigation into Mamdani’s status after Andy Ogles, a rightwing Republican representative for Tennessee, called for his citizenship to be revoked on the grounds that he may have concealed his support for “terrorism” during the naturalization process.

Mamdani, 33, who was born in Uganda to ethnic Indian parents, became a US citizen in 2018 and has attracted widespread media attention – and controversy – over his vocal support for Palestinian rights.

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Lisa Tate is a sixth-generation farmer in Ventura county, California, an area that produces billions of dollars worth of fruit and vegetables each year, much of it hand-picked by immigrants in the US illegally.

Tate knows the farms around her well. And she says she can see with her own eyes how raids carried out by agents from US Immigration and Customs Enforcement (Ice) in the area’s fields earlier this month, part of Donald Trump’s immigration crackdown, have frightened off workers.

“In the fields, I would say 70% of the workers are gone,” she said in an interview. “If 70% of your workforce doesn’t show up, 70% of your crop doesn’t get picked and can go bad in one day. Most Americans don’t want to do this work. Most farmers here are barely breaking even. I fear this has created a tipping point where many will go bust.“

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Federal Reserve chair Jerome Powell said earlier this morning that the central bank would likely have already cut interest rates this year had it not been for the economic shock caused by Donald Trump’s tariff policies.

When asked if Trump’s tariffs on imported goods held up the Fed’s plan to cut interest rates, Powell replied:I  think that’s right.

Speaking at a central banking conference in Portugal, he went on:

In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.

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President Donald Trump has escalated his attacks on New York City’s Democratic mayoral nominee Zohran Mamdani, and now Mamdani and New York Democrats are responding.

Trump threatened to arrest Mamdani if as mayor he follows through on pledges not to assist federal officials enforcing immigration laws.

“Well then, we’ll have to arrest him,” Trump told reporters on July 1 while visiting a detention center in Florida. Trump that he would “be watching over him very carefully on behalf of the nation.”

Trump also said "a lot of people are saying he's here illegally," which is false. Mamdani is a naturalized U.S. citizen born in Uganda, who immigrated to the United States with his parents − film director Mira Nair and Columbia University professor Mahmood Mamdani − at the age of seven.

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The Senate cleared President Donald Trump's domestic spending and tax cut bill that will enact steep cuts to the nation's safety-net health insurance program for low income families.

In addition to delivering tax cuts and increasing immigration enforcement, what Trump has called the "Big Beautiful Bill" would cut nearly $1 trillion from Medicaid, the state-federal health program for low-income families and the disabled. The bill is projected to eliminate insurance coverage for 11.8 million people over the next decade, according to the nonpartisan Congressional Budget Office.

Another 5 million could lose coverage if Congress doesn't extend the COVID-19 pandemic-era tax credits that have made Affordable Care Act plans more affordable for consumers.

The legislation amounts to "the biggest rollback in health care coverage in the history of the United States," said Joan Alker, a research professor and executive director and co-founder of Georgetown University's Center for Children and Families.

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President Donald Trump’s One Big Beautiful Bill Act, which will transform taxes and other federal policies, is indeed big: 1,116 pages in the House version and 887 pages in the Senate. How attractive it is to you depends on largely on how big your paycheck will be in 2026.

The two bills are billions of dollars apart, but the general themes remain the same: Americans won't face bigger tax bills next year, and a portion of the deficit spending will be offset with cuts in health and food assistance programs, affecting the finances of lower-income Americans.

The U.S. Senate narrowly passed its bill with 50 votes on July 1—with Vice President JD Vance casting the deciding vote—after intense Republican negotiations for changes. It now heads back to the House to reconcile the differences with on another tight deadline so it can be on Trump's desk for signature into law by July 4.

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