Wisconsin Senators mixed, but both pushing against, 'Big, Beautiful, Bill'
Johnson says he thinks there are enough no votes in the Senate to slow down the process. He wants cuts in the bill to go deeper. He wants a return to pre-pandemic spending levels. Johnson explained, 'It don't talk about cuts. I'm talking about using the exact same expenditures that Clinton, Obama and Trump laid out. That's not cutting, that's just returning to a reasonable spending level.'
The nonpartisan Congressional Budget Office estimates the tax changes add to Federal Deficits by $3.8 trillion from 2026 through 2034. It also finds cuts of about $1 trillion to Medicaid and Food Stamps. Wisconsin's Democratic Senator Tammy Baldwin said, 'I am here to speak on behalf of the nearly 14 million Americans whose healthcare is on the chopping block right now in this bill. Republicans are advancing a plan to take away care from working families, so that the super wealthy can get richer.'
The GOP-led House passed the bill. The debate will now turn to the US Senate. President Trump has been quoted as saying, 'We'll see what happens… it has a ways to go.'
Republicans can only lose 3 GOP votes in the Senate and still pass this bill. They'll tweak the House bill to find those votes. If they can pass that version of the bill, then the House would have to ratify the changes.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
a few seconds ago
- Yahoo
Centene raises Wall Street optimism that Medicaid insurers can improve profits
By Amina Niasse NEW YORK (Reuters) -Wall Street regained confidence in Medicaid insurers after Centene said on Friday it expects to be able to raise rates charged to states for 2026 health plans for low-income Americans and strengthen profit margins. Insurer shares rose across the board. Centene shares were up 5% in early afternoon trading after falling 16% on the company's announcement of a second-quarter loss and forecast cut. Rivals UnitedHealth, CVS Health and Humana rose 1.61%, 2.69% and 3.45%, respectively. All three report earnings next week. Centene in an earnings call reassured investors it would work with states to ensure their payments for Medicaid plans match the company's increased medical costs for 2026. 'Our goal is to reprice 100%' of plans, said company CEO Sarah London. Insurers are paid a set amount by states for Medicaid plans, which are jointly funded with the federal government. Centene, UnitedHealth and Elevance have said this year that state reimbursements for these plans have lagged behind actual costs of care. Cautious investors have been looking for Medicaid health plan design changes and strategic geographic changes by the companies to reduce use of healthcare services. New work requirements for Medicaid recipients in President Donald Trump's signature tax-cut and spending bill have made some investors worry that healthy people could disenroll in coming years. The bill requires states to verify certain members are working or volunteering a minimum of 80 hours per month to qualify for Medicaid coverage starting in 2027. After a COVID-19 era requirement to keep people enrolled expired in 2023, Medicaid plans redetermined each person's eligibility. This pushed members off, changing the mix of sick and healthy participants, and some Medicaid insurers struggled. 'The Medicaid redeterminations have proven to be far more disruptive than anyone thought," said Jeff Jonas, a portfolio manager at Gabelli Funds. "The entire industry is focused on restoring margin over winning new contracts and membership." More detailed data could justify midyear price increases, said Kevin Gade, chief operating officer at Bahl & Gaynor, and correct mismatched rates set by states after the pandemic. More data over the next year will also enable insurers to improve cost management techniques and raise rates paid by states, Gade said. "With enough data you can take care of the problem.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hill
2 minutes ago
- The Hill
Minnesota state lawmaker resigns following burglary conviction
A Minnesota Democratic state lawmaker who was found guilty of burglarizing her stepmother's home resigned from office on Friday. 'I am stepping down from the MN Senate, but I can't do that without expressing my gratitude,' former state Sen. Nicole Mitchell posted on the social platform X. 'Thank you to my family, friends, & constituents who shared the issues they care about & trusted me to work on their behalf.' 'It's been a true honor to serve MN & the community I grew up in,' she added. The Minnesota Star Tribune reported that Mitchell separately penned a note to constituents thanking them for support as she formally tendered her resignation to Minnesota Gov. Tim Walz (D). 'It has been a true honor to serve the state of Minnesota and the community I grew up in,' Mitchell, 51, wrote in the email message to supporters, per the Tribune. Mitchell, a former Weather Channel meteorologist and lieutenant colonel in the Air National Guard, was convicted on two felony counts last week after breaking into the home of her father's widow last year. She alternately claimed she was trying to check on her estranged stepmother and that she was attempting to recover personal items from her father, who died in 2023. 'I was just trying to get a couple of my dad's things because you wouldn't talk to me anymore,' police video of her arrest showed Mitchell telling her stepmother the night of the burglary. Mitchell, who was first elected to the state Senate in 2022, hasn't been sentenced in the case, but she could face 20 years behind bars. Walz, who was the Democratic vice presidential nominee last fall, will be responsible for calling a special election to pick Mitchell's successor in her deep Democratic seat, but the governor's office didn't immediately respond to The Hill's requests for details. Democrats held a one-seat majority in the Minnesota Senate, so Mitchell's vote was viewed as crucial to passing Democratic legislation while she was awaiting trial. She refused to resign before her conviction last week but was expected to ultimately step down by Aug. 4.
The Hill
2 minutes ago
- The Hill
‘South Park' creators double down on episode skewering Trump
'South Park' creators Trey Parker and Matt Stone had a simple response to the furor the often-controversial show stoked this week with an episode showing President Trump in bed with Satan and making fun of what they depicted as the president's small genitals. 'We're terribly sorry,' Parker said Thursday, holding a deadpan stare as the crowd at a panel at Comedy Central's Comic Con laughed. The 'South Park' season premiere drew a response from the White House, which said in a statement to the Guardian that the show 'hasn't been relevant for over 20 years and is hanging on by a thread with uninspired ideas in a desperate attempt for attention.' 'President Trump has delivered on more promises in just six months than any other president in our country's history — and no fourth-rate show can derail President Trump's hot streak,' spokesperson Taylor Rogers told the paper. The premiere of the show's 27th season also skewered Paramount over its recent decision to settle a lawsuit brought by Trump for $16 million. Paramount received approval from Trump's Federal Communications Commission Thursday for an $8 billion merger agreement with Skydance. The 'South Park' episode that provoked the White House's ire aired just days after Parker and Stone reached their own deal with Paramount for the rights to 'South Park,' reported by Variety as valued over $1 billion. Parker and Stone said they were asked by their producers to blur out their depiction of Trump's genitalia — a request they declined. And with the show being put together week-to-week, they said they were initially not sure if their first episode was going to gain traction. 'Just three days ago, we were sitting there going, 'I don't know if people are going to like this,'' Parker said.
