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The Fox News Rundown

From Washington: One Big, Beautiful Win For President Trump

The Fox News Rundown

FOX News Podcasts

Politics, Daily News, News

3.4 • 1.5K Ratings

🗓️ 5 July 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

On Thursday, the House passed President Trump's 'big, beautiful bill,' securing a major legislative win for the administration. The bill permanently extends the President's 2017 tax cuts, slashes spending on Medicaid and food assistance, and boosts funding for the military and border. FOX News Washington-based Correspondent Mark Meredith explains the complicated journey to pass the bill and discusses how the legislation will impact next year's midterms.   Later, former federal prosecutor Jim Trusty breaks down the latest Supreme Court rulings on abortion funding, parental rights in schools, and the power of federal judges. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

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New season now streaming exclusively on Disney Plus.

0:27.0

18 plus subscription required, season C's apply.

0:33.7

Saturday, July 5th, 2025.

0:42.3

I'm Jared Halper. The one one big beautiful bill becomes a big win for President Trump. I would imagine that these lawmakers said, am I really going to get what I want, which is would it change, would it really actually change the outcome of the bill and we just don't know?

0:51.3

Or is it going to be worth me risking my job if you're

0:54.5

in a Republican safe district? And that is obviously a calculus that each lawmaker has to make for

1:00.0

him or herself. And the Supreme Court ends its term by reigning in lower court judges.

1:05.4

The dissent says this is like this revolutionary finding by the majority. It's really a return to normalcy and letting the

1:12.7

time that's necessary for justice to take place on individual cases. This is the Fox News

1:19.3

Rundown from Washington. Before the Fox News Reddown air, lighting up the night sky here at the White House, President Trump celebrated America's birthday with a signing ceremony for the one big, beautiful bill.

1:42.2

There could be no better birthday present for America than the phenomenal victory we achieved

1:47.5

just hours ago when Congress passed the one big, beautiful bill to make America great again.

1:54.0

That gavel dropped on the House vote Thursday afternoon, July 3rd, making good on a promise by

2:00.0

House Speaker Mike Johnson to deliver the legislation to the president by Independence Day.

2:05.6

And you put this audacious timeline. You said you were going to pass it out of the house by Memorial Day. I mean, some of you openly laughed at me when I said that back in early February. And then we said we would get it done by July 4th. We beat Memorial Day by four days, and we got this one done a day early.

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