Bonus Quote of the Day
“This bill is a real piece of shit it and it would be excellent if that’s all anyone talked about for the next few days. Super interested in your think piece about the NYC mayor’s race but let’s get to that after we try to stop the biggest wealth transfer in American history.”
— Sen. Brian Schatz (D-HI), on X., about the GOP megabill.
Where the Big, Beautiful Bill Stands
Playbook: “At this 11th hour, the megabill is effectively duct-taped together.”
Louisiana Hospitals Predict ‘Devastation’
Every major health system in Louisiana is warning Speaker Mike Johnson and the rest of the state’s congressional delegation that the Senate GOP’s planned Medicaid cuts “would be historic in their devastation,” Politico reports.
Trump Will Give ‘Temporary Pass’ for Some Migrants
“President Trump said that there will be a temporary pass issued for migrants working at farms and in the hospitality industry to allow employers to have more control after the administration sent mixed messages about exceptions in its mass deportation efforts,” The Hill reports.
Thom Tillis Will Not Run Again
Sen. Thom Tillis, a Republican who has represented North Carolina in Washington for a decade and has clashed with President Donald Trump as recently as Saturday, announced Sunday he will not seek reelection, the Raleigh News and Observer reports.
Politico: “Tillis made the announcement after voting ‘no’ on a procedural vote to advance President Donald Trump’s ‘big, beautiful bill’ — the cornerstone of his domestic policy agenda. Trump subsequently attacked Tillis in a series of social media posts.”
Axios: Trump goes scorched earth on Thom Tillis over “big, beautiful bill.”
White House Eyes Lawmaker to Challenge Massie
“White House officials will host Kentucky state Sen. Aaron Reed in the coming weeks for a discussion about challenging GOP Rep. Thomas Massie in next year’s Republican primary,” Politico reports.
Quote of the Day
“I don’t think that we should have billionaires.”
— New York City mayoral candidate Zohran Mamdani, on NBC News.
Trump Threatens to Withhold Money from NYC
President Trump said that Democratic mayoral candidate Zohran Mamdani has to “do the right thing” if he’s elected, “or they’re not getting any money,” CNBC reports.
Said Trump: “Whoever’s mayor of New York is going to have to behave themselves, or the federal government is coming down very tough on them financially.”
Intercepted Call Downplayed Damage of U.S. Attack
“The United States obtained intercepted communication between senior Iranian officials discussing this month’s military strikes on Iran’s nuclear program and remarking that the attack was less devastating than they had expected,” the Washington Post reports.
“The communication, intended to be private, included Iranian government officials speculating as to why the strikes directed by President Donald Trump were not as destructive and extensive as they anticipated.”
Trump Doesn’t Expect to Extend Tariff Deadline
President Trump said he doesn’t think he’ll need to extend the July 9 trade deadline he has imposed on countries to secure deals with the US to avoid higher tariffs, Bloomberg reports.
Said Trump: “I don’t think I’ll need to.”
He then added: “I could, no big deal.”
Trump Says Iran Might Get Sanctions Relief
President Trump suggested he might back eventual sanctions relief for Iran “if they can be peaceful,” combining threats and the prospect of diplomacy after US strikes aimed at destroying Iranian nuclear sites, Bloomberg reports.
Said Trump: “We have the sanctions on. And if they do a job, and if they can be peaceful, and if they can show us they’re not going to do any more harm, I would take the sanctions off.”
GOP Megabill Would Add $3.3 Trillion to Debt
The CBO estimates that the Republican reconciliation bill that the Senate is considering will increase the deficit by nearly $3.3 trillion between 2025 to 2034, Bloomberg reports.
Punchbowl News says Senate Republicans and the White House reject the CBO estimate as inaccurate. The White House estimates it will cut the deficit by $4.9 trillion over the next decade.
Iran Could Restart Enriching Uranium in Months
“Iran could start producing enriched uranium again ‘in a matter of months’, the head of the UN’s nuclear watchdog said, adding there is no military solution to stop Iran from a nuclear weapon,” the Financial Times reports.
Inside the Fallout After Law Firm’s Deal with Trump
Politico: “Paul, Weiss wasn’t the first firm to be the focus of such an executive order, but it would go on to be the first to negotiate a deal with the White House in order to get it lifted. At the time, the firm’s leader Brad Karp said he was trying to save his team from an ‘existential crisis.’”
“Since then, the firm has endured. But the decision to strike a deal has led to high-profile departures among partners and drawn condemnation from Democrats and others in the legal community.”
“After Karp made a deal with Trump, at least 10 partners in the litigation department have resigned from the firm, including several with close ties to Democrats. A group of the departing partners have joined together to start their own firm where they will continue to represent tech giants like Meta and Google, and another has jumped ship to one of the four firms that chose to fight the administration in court.”
Russia Hits Ukraine with Biggest Air Attack of the War
Russia launched the most extensive aerial bombardment of Ukraine since its full-scale invasion, signalling a sharp escalation in Moscow’s campaign and further undermining fragile hopes for a negotiated end to the war, the Financial Times reports.
How the GOP Bill Saves Money
“Low-income Americans would lose health coverage and government food assistance on an unprecedented scale under the giant Republican policy bill,“ the New York Times reports.
“But to hear President Trump and Republican lawmakers describe the bill as it nears a vote in the Senate, it cuts no benefits at all.”
Said Trump: “We’re cutting $1.7 trillion in this bill, and you’re not going to feel any of it.”
“That claim rests on a maneuver embedded throughout the sprawling legislation: Instead of explicitly reducing benefits, Republicans would make them harder to get and to keep. The effect, analysts say, is the same, with millions fewer Americans receiving assistance. By including dozens of changes to dates, deadlines, document requirements and rules, Republicans have turned paperwork into one of the bill’s crucial policy-making tools, yielding hundreds of billions of dollars in savings to help offset their signature tax cuts.”
Elon Musk Rips Into Trump’s “Utterly Insane” Tax Bill
“After a brief interlude, Elon Musk on Saturday resumed his public wrestling match with President Donald Trump, ripping into the president’s domestic policy bill as ‘utterly insane and destructive’ just as the Senate met to vote on a key procedural step to pass the ‘big beautiful bill,’” Mother Jones reports.
Wrote Musk, on X: “The latest Senate draft bill will destroy millions of jobs in America and cause immense strategic harm to our country!”
In a later post, Musk warned that the bill would be “political suicide” for the Republican Party.
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