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What A Day

The Big Republican Spending Bill Debacle Disaster Adventure

What A Day

Crooked Media

News, Daily News

4.612K Ratings

🗓️ 2 July 2025

⏱️ 19 minutes

🧾️ Download transcript

Summary

The Senate passed President Donald Trump's spending bill on Tuesday after Vice President JD Vance arrived to break a 50-50 tie. The bill is now headed back to the House where Republican Speaker Mike Johnson can only afford to lose three members and still pass the bill by a party line vote. To learn more about what this means for Republicans' big beautiful bill and the looming July Fourth deadline, we spoke with Nicholas Wu, a congressional reporter for Politico. And in headlines: President Trump tours "Alligator Alcatraz," Florida's new migrant detention center, Federal Reserve Chairman Jerome Powell says Trump's tariff wars pretty much stopped it from cutting interest rates, and the Trump-Musk feud is reignited.

Transcript

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0:00.0

It's Wednesday, July 2nd.

0:04.2

I'm Jane Koston, and this is what today, the show that is not going to spend $250 to smell like President Donald Trump.

0:11.9

His new fragrance, called Victory 4547, is supposed to represent, quote, winning.

0:17.1

Because nothing says winning like being the president of the United States and still feeling the need to sell Cologne.

0:29.7

On today's show, Elon Musk and Trump's romance breakup continues, and a new study finds that shuddering USAID will result in the deaths of millions of people around the world.

0:39.0

Good work, doge.

0:40.7

But let's talk about the big Republican spending bill debacle disaster adventure.

0:45.3

That's what we're calling it.

0:47.1

On Tuesday morning, the Senate passed President Trump's spending bill after Vice President J.D. Vance arrived to break a 50-50 tie.

0:53.1

And it's probably not a great sign for what this bill will actually do to America

0:57.3

that this is how Alaska Republican Senator Lisa Murkowski responded to a question about voting for it.

1:03.0

I advocated from my state's interests.

1:07.4

I will continue to do that and I will make no excuses for doing that.

1:12.6

Do I like this bill? No.

1:14.6

Because I try to take care of Alaska's interests, but I know, I know that in many parts of the country,

1:24.6

there are Americans that are not going to be advantaged by this bill.

1:30.2

I don't like that.

1:31.7

Feel the enthusiasm.

1:33.5

I mean, she's not exactly wrong to be less than jazzed.

1:36.2

The Senate version of the alleged big, beautiful bill, cuts Medicaid by billions and would

1:40.4

push millions of people off their health care.

1:42.7

And setting aside health care for just a second,

...

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