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🗓️ 2 July 2025
⏱️ 9 minutes
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Wednesday, July 2. The seven stories you need to know today.
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0:00.0 | The Senate passed President Donald Trump's huge tax bill. That's where we're starting |
0:08.7 | the seven from the Washington Post. I'm Hannah Jewell. It's Wednesday, July 2nd. Let's get you |
0:15.6 | caught up with today's seven stories. |
0:26.0 | It was very close, but Senate Republicans got it done. |
0:32.3 | Yesterday, they approved the legislation that will fund Trump's agenda, and they hope will become the centerpiece of Trump's second term. |
0:36.6 | Vice President J.D. Vance had to cast a tie-breaking vote. |
0:41.1 | The bill would extend trillions of dollars in tax cuts from Trump's first term. |
0:47.0 | It would eliminate income taxes on tips and overtime. |
0:51.4 | And it allocates hundreds of billions of dollars for immigration enforcement and |
0:56.7 | defense. So how do Republicans intend to pay for it? Part of the answer is that the bill would cut |
1:04.2 | about a trillion dollars from Medicaid and other health programs. According to nonpartisan estimates and experts, |
1:12.1 | that would result in at least 17 million Americans |
1:15.5 | losing their health coverage. |
1:18.2 | But first, the bill is headed back to the House |
1:21.2 | for final approval. |
1:23.2 | It still faces an uphill battle there. |
1:25.8 | Several Republican lawmakers have vowed to vote against it. |
1:31.8 | Number two. |
1:33.8 | CBS owner Paramount agreed to pay President Trump $16 million. |
1:40.7 | Last October, Trump sued the television network over an interview aired on 60 Minutes with Kamala Harris. |
1:49.5 | Trump accused the network of airing two different versions of an answer given by his election |
1:54.9 | opponent. He said that harmed his electoral chances. CBS said they had simply cut it down for time. |
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