Trump's War On The Poor

What A Day

Crooked Media

News, Daily News

4.6 • 12K Ratings

🗓️ 7 July 2025

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Despite months of handwringing and a litany complaints from dozens of Congressional Republicans, President Donald Trump scored yet another major political victory Friday when he signed his One Big Beautiful Bill into law, just like he wanted. The measure, stuffed with Republican spending and policy priorities, threatens to balloon the federal deficit by more than $3 trillion dollars over the next decade while kicking millions of poor Americans off safety net programs like Medicaid and food assistance. But the effects won’t be felt immediately. Jacob Bogage, Congressional economics correspondent for The Washington Post, breaks down the details of the new law. And in headlines: The death toll from the devastating flooding in central Texas topped 70 people, the White House sent mixed messages on the future of Trump’s tariffs, and Israeli Prime Minister Benjamin Netanyahu is headed to the White House again amid a renewed push for a ceasefire with Hamas in Gaza.

Transcript

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0:00.0	It's Monday, July 7th. I'm Todd's Willick in for Jane Koston, and this is what a day.
0:08.7	The show that recognizes that Black Sabbath is dead, but Ozzy Osbourne is alive.
0:14.0	Ozzy was never supposed to outlive anyone, really.
0:18.9	So on a weekend when America celebrated shaking off the UK, it's good to note that
0:23.5	one British rocker is looking great and live to see his old band officially retired.
0:33.6	On today's show, Israeli Prime Minister Benjamin Netanyahu comes to the White House while Hamas considers yet another ceasefire deal with negotiators in Qatar.
0:44.3	Emergency responders and politics react to the tragic loss of life from flooding in Texas.
0:50.7	But let's start with President Donald Trump's latest effort to make health and safety worse and reward the rich while doing it.
0:59.3	Donald Trump signed his big budget bill into law on July 4th, complete with a flyover from a stealth bomber.
1:06.8	And if you rely on Medicaid or snap nutrition benefits or the Affordable Care Act to pay for health coverage, that imagery is, well, right on target.
1:17.3	Over the next decade, 17 million Americans are expected to either lose their health coverage or the federal subsidies that help pay for them.
1:25.4	And yet, while polling shows that Donald Trump's
1:29.0	big billionaire benefiting bill is wildly unpopular, it also shows that most people don't know a thing
1:36.4	about it. How's that for a bomb delivered by stealth? Meanwhile, the new law makes immigration
1:42.6	enforcement, including deportation, a behemoth, giving it a budget of more than
1:48.0	$170 billion. And just last week, Trump borders our Tom Homan was excited.
1:55.5	You think we're arresting people now? You wait until we get the funding to do what we got to do.
2:00.5	But who's affected first? How fast will benefits dry up and riches flow upward to the
2:06.9	ultra rich as Trump moves America toward his second gilded age? How does all this actually work?
2:13.9	To help answer those questions and more, I spoke with Jacob Bogage. He's a congressional
2:19.2	economics correspondent for the Washington Post. Jacob, welcome to what a day. Hey, great to be with you.
2:25.6	So, Jacob, throughout the entire process of negotiating trying to pass this bill all along the way,
	...

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