4.8 • 687 Ratings
🗓️ 2 March 2025
⏱️ 83 minutes
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0:00.0 | VALCESHY starts now. |
0:09.8 | Hey, good morning. It's Sunday, March 2nd. I'm Ali Velshi. |
0:12.7 | Coming up this morning, the one and only Chris Hayes is here to talk about the winners and losers in Donald Trump's economy and is in his new book, The Sirens Call. |
0:19.9 | Plus, President Trump is picking another |
0:21.6 | fight with Canada over lumber, just as his sweeping tariffs are set to take effect. And I'll |
0:25.9 | talk to the Canadian ambassador to the UN in just a few moments. And the British Prime Minister |
0:29.8 | Kier Starmor greets Ukrainian President Volodymyr Zelensky with a literal hug as fallout continues |
0:35.2 | from Trump's siding with Russia on Friday, and as Europe |
0:38.3 | faces how to proceed in the region without the United States as a reliable ally. |
0:42.7 | I'll talk to the former president of Estonia about the new alliance that's taking shape in Europe |
0:46.9 | as we speak. But we begin this morning with Donald Trump's economy and Republicans' plans |
0:51.9 | as they've been laid out in a newly |
0:54.4 | passed budget to slash the health care program that serves one in five Americans. They're |
1:00.0 | doing that in order to pay for tax cuts that disproportionately benefit the rich. The bill now |
1:04.7 | heads to the Senate where Republicans want to put up a smoke screen to obscure the enormous |
1:09.5 | cost from the American people by using a |
1:12.0 | budget gimmick which would reconstruct the way Congress creates budgets and balances debt. |
1:17.9 | To help see through that smoke screen, let's look at the numbers. |
1:21.2 | These new tax cuts come in the form of extending the 2017 Trump tax cuts, which expire at the end of this year for another 10 years. |
1:28.3 | That's going to cost an estimated $4.5 trillion with a T, which poses several important issues for Republicans, |
1:35.9 | including leaving almost no room in the budget for several of Trump's other tax promises, |
1:41.4 | including no taxes on tips or overtime, no social security benefit taxes, |
... |
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