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WSJ What’s News

Senate Battle Looms Over Trump’s Megabill

WSJ What’s News

The Wall Street Journal

News, Daily News

44K Ratings

🗓️ 30 June 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

A.M. Edition for June 30. The Senate is preparing for a vote-a-rama today on the president’s tax-and-spending legislation after it cleared a procedural hurdle over the weekend. WSJ reporter Richard Rubin says hours of voting on amendments to the bill will put an array of lawmakers in the driver’s seat. Read what’s in the legislation here. Plus, the EU mulls buying American arms as it scales up defenses pending, despite calls to spend locally. And stock futures rise as Canada drops a tax on tech companies in a bid to salvage trade talks with Washington. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:02.9

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0:04.8

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0:07.8

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0:10.7

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0:12.7

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0:20.5

You've bitten off a hell of a lot more than you can, too.

0:22.7

Brank what you will have.

0:23.5

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0:25.4

Now streaming.

0:26.3

Only on Disney Plus.

0:27.7

18 plus subscription required.

0:29.1

Deas and Cases apply.

0:32.9

The Senate ready is for battle on President Trump's tax and spending megabill.

0:38.2

Plus, despite calls to invest locally, the EU mulls buying American as it scales up defense spending.

0:45.4

European armies have a lot of work to do over many years to get battle ready and to be able to deter in particular Russia.

0:54.0

So this agreement from the U.S. is undoubtedly on the top of the list of some of what they need.

0:59.1

And stock futures rise as Canada drops attacks on tech in a bid to salvage U.S. trade talks.

1:06.0

It's Monday, June 30th.

1:07.6

I'm Luke Vargas for the Wall Street Journal.

1:09.7

And here is the AM edition of What's News,

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