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Up First from NPR

GOP Megabill Latest, Tax Cuts And Debt, Sean Combs Conviction

Up First from NPR

NPR

Daily News, News

4.552.8K Ratings

🗓️ 3 July 2025

⏱️ 13 minutes

🧾️ Download transcript

Summary

House Republicans are racing to pass President Trump's sweeping tax and spending bill and have it to his desk by July 4th. Budget analysts say it would add trillions of dollars to the government's debt. And, Sean Combs was found guilty on two counts of transportation to engage in prostitution, but on the more serious charges, the jury found him not guilty.

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Today's episode of Up First was edited by Jason Breslow, Kelsey Snell, Kevin Drew, Rafael Nam, Jacob Ganz, Janaya Williams and Alice Woelfle. It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Stacey Abbott. And our technical director is Zac Coleman.


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Transcript

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0:00.0

Republican House Speaker Mike Johnson promised he'll get President Trump's tax and spending bill passed before tomorrow.

0:08.2

The final vote in the House is this morning. Can the Speaker fulfill his promise to Trump?

0:13.1

I mean Martinez, that's Leila Fottle, and this is up first from NPR News.

0:20.9

Financial watchdogs say the bill could add up to $5 trillion to the national debt.

0:25.6

The U.S. already has near record levels of debt and ballooning interest payments.

0:30.2

Every fiscal warning sign is blinking red right now.

0:33.4

Does the bill have any economic payoff?

0:35.9

When the trial of hip-hop mogul Sean Combs is over.

0:39.4

He was found guilty on two of five counts, and the judge denied him bail will tell you why.

0:44.2

Stay with us. We've got the news you need to start your day.

0:52.7

This message comes from Wise, the app for doing things and other currencies.

0:57.3

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1:02.9

no markups or hidden fees.

1:04.8

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1:08.3

Tees and Cs apply.

1:10.6

After a nearly day-long stalemate that stretched into the early

1:14.5

morning hours, House Republicans cleared a key hurdle for President Trump's massive tax and

1:20.1

spending package. A group of GOP holdouts stalled a procedural vote for a while, but ultimately, enough

1:26.7

gave in to move the bill forward.

1:28.4

Now, Republicans are racing to approve the plan in time to get the bill to President

1:33.5

Trump's desk by tomorrow's self-imposed July 4th deadline.

1:36.8

NPR congressional correspondent, Claudia Grisalus, has been following all this and joins us now.

...

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