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The Disaster That Just Passed the Senate
I’m taping this introduction on Tuesday, July 1. The Senate passed Donald Trump’s “big beautiful bill” just moments ago in a 50-50 vote, with Vice President JD Vance as the tiebreaker.
This bill is a bad piece of legislation — trillions of dollars in tax cuts, very much tilted toward the rich, with savage cuts to Medicaid, nutrition assistance and green energy. Even with those cuts, we can expect more than $3 trillion to be added to the national debt over 10 years.
And befitting a policy...