Latest news with #Big
Sky News AU
2 hours ago
- Business
- Sky News AU
Albanese welcomes US dumping ‘revenge' tax
Australian investors will be spared from Donald Trump's so-called 'revenge tax' after an intervention from his Treasury Secretary. This comes as Scott Bessent posted on X, saying, 'I have asked the Senate and House to remove the Section 899 protective measure from consideration in the One, Big, Beautiful Bill.' It follows lobbying from both the Prime Minister and the Treasurer. 'This would adversely impact Australian investment if it had been implemented,' Mr Albanese said at a recent press conference.
Yahoo
3 hours ago
- Business
- Yahoo
GOP senators negotiate Trump budget bill in hopes of improving its polling
Republicans are eager to give President Donald Trump a legislative win, but as the Senate nears a vote on Trump's signature bill, GOP negotiating over the legislation is intensifying amid warning signs it could result in political blowback. Polling shows Trump's legislation – which he has dubbed the 'Big, Beautiful Bill' – has a big problem with public opinion, and that is looming over the debate as the Senate's version of the legislation approaches the finish line. Fewer than 30% of voters support the bill in three recent polls by Pew, Quinnipiac and the Washington Post-Ipsos. Republicans are advancing a legislative package that includes tax cuts and reduced spending on social safety net programs to help pay for them, particularly the Medicaid health insurance program for the poor. Trump is pitching the legislation as an economic booster that will ignite growth, but Democrats are spotlighting concerns it could hurt lower-income Americans to rally public opposition. Protesters have descended on the Capitol in recent days to complain about the Medicaid cuts, which have become a big point of contention for GOP lawmakers. A group of 16 Republican House members sent a letter to Senate Majority Leader John Thune complaining that the Senate's version of the bill goes too far in cutting Medicaid. Some Republican senators also are raising concerns, particularly about how rural hospitals could be impacted by the proposed Medicaid changes. 'I think shutting down rural hospitals would be a big mistake,' Sen Josh Hawley, R-Missouri, told USA TODAY in discussing potential political blowback to the bill. Other Republicans say the bill doesn't go far enough to reduce spending and are pushing for deeper cuts, putting their party's leadership in a bind. The House-passed legislation would add at least $2.4 trillion over the next 10 years. 'I think the big blowback is if we don't do something to reduce the deficit we'll be seen as hypocrites,' Sen. Rand Paul, R-Kentucky, told USA TODAY. The GOP wrangling over the legislation, which Senate leaders are positioning for a vote in the next few days, comes amid a string of polls showing it is deeply unpopular. A Fox News survey released June 18 found that 59% of registered voters opposed the bill and 38% support it. The majority of Republicans (73%) back the measure, but most Independents and Democrats are opposed. The survey found that 49% of voters believe the bill will hurt their family, 23% think it will help and 26% don't think it will make a difference. The Washington Post-Ipsos survey found nearly twice as many voters oppose the legislation than support it. An analysis of the House legislation released this month by the nonpartisan Congressional Budget Office found that the poorest households would lose about $1,600 a year under the legislation, largely because of cuts to Medicaid and food aid. The wealthiest households would gain about $12,000 a year, according to the CBO. 'What this bill represents is the biggest transfer of wealth from the poor and the middle class to the rich in the history of the country,' Sen. Chris Murphy, D-Connecticut, said June 25 during a rally against the legislation at the Capitol. Murphy predicted that if Republicans don't listen to concerns about the bill 'they'll be sent back home.' 'All the data shows that the public's against it two to one,' said Senate Minority Leader Chuck Schumer. It's not just Democrats saying the legislation could be a drag on the GOP. Sen. Thom Tillis, R-North Carolina, told his GOP colleagues at a closed-door meeting June 24 that deep Medicaid cuts could result in disaster for Republicans in the midterms, according to media reports. Major legislation has blown up on the party in power in the past. Democrats suffered big loses in 2010 after pushing through the Affordable Care Act, former President Barack Obama's signature legislative achievement. Tillis invoked the Affordable Care Act to warn about blowback to the Senate's Medicaid language, according to reports. Sen. Tim Sheehy, R-Montana, said 2026 could be a tough midterm year for Republicans – but that wouldn't be the fault of Trump's bill. 'Whatever party's in control historically has a challenge in the midterms,' he told USA TODAY. 'I don't think it has anything to do with the big, beautiful bill. I think that just has to do with the dynamics of politics.' Sheehy said the bill doesn't poll well because it has 'been maligned so much.' Rep. Randy Fine, R-Florida, noted that the bill contains tax cuts that help some lower-income individuals, including eliminating taxes on tipped wages and overtime, in arguing it has been mischaracterized by Democrats. 'I'm sure that when Americans see the impact of the bill they're going to be excited,' Fine said. 'I'm just focused on putting points on the board and helping the president get his agenda done.' Contributing: Riley Beggin This article originally appeared on USA TODAY: Donald Trump's 'big, beautiful bill' has a big public opinion problem
The Hill
8 hours ago
- Politics
- The Hill
Rising: June 27, 2025
GOP hardliners fume over Senate parliamentarian axing key aspects of 'Big, Beautiful Bill' | RISING Amber Duke and Bofta Yiman discuss President Trump's push to pass the 'Big Beautiful Bill' while some House Republicans are fuming over the Senate parliamentarian's decision to ax certain GOP-friendly provisions. #BigBeautifulBill #Medicaid #Budget Trump calls for firing of CNN, NYT reporters who wrote Iran strikes story | RISING Amber Duke and Bofta Yiman discuss President Trump's meltdown over the mainstream media reporting that U.S. strikes on the Iranian nuclear sites only set them back by a few months. #Iran #NYT #Trump #CNN Elissa Slotkin calls for ban on cell phones in all K-12 classrooms | RISING Amber Duke and Bofta Yiman discuss Sen. Elissa Slotkin (D-Mich.) calling for a ban on cell phones in all K-12 classrooms in the country. #CellPhones #Schools #ElissaSlotkin 'Thomas Massie targeted by AIPAC, Trump for primary challenge | RISING Amber Duke and Bofta Yiman discuss the escalating rift between Rep. Thomas Massie (R-Ky) and President Trump. #Massie #MAGA #Trump Jasmine Crockett blasts Melania Trump over 'Einstein Visa': 'Math ain't mathin' | RISING Amber Duke and Bofta Yiman discuss Rep. Jasmine Crockett (D-Texas) questioning First Lady Melania Trump's reported 'Einstein visa' amid the Trump administration's ongoing immigration crackdown. #Immigration #Melania #Trump Jeff Bezos, Lauren Sanchez forced to move Venice wedding location due to protesters | RISING Amber Duke and Bofta Yiman discuss the backlash to the lavish wedding of billionaire Jeff Bezos and journalist-turned philanthropist Lauren Sanchez. #JeffBezos #LaureSanchez #VeniceWedding
NBC Sports
8 hours ago
- Sport
- NBC Sports
Coco Gauff and Carlos Alcaraz give tennis two young superstars
LONDON (AP) — Coco Gauff and Carlos Alcaraz are helping usher in a new era for tennis. With Wimbledon beginning, the sport's most recent Grand Slam champions are Gauff, a 21-year-old American, and Alcaraz, a 22-year-old Spaniard, who are both at No. 2 in the rankings and are both coming off French Open titles secured in riveting finals against the sport's No. 1 players. They are young, they are charismatic as an be on the court and they are media-friendly off it. Gauff-Sabalenka, Alcaraz-Sinner give tennis rivalries as Wimbledon arrives Along with No. 1 Aryna Sabalenka and former No. 1 Iga Swiatek in the women's game, and No. 1 Jannik Sinner in the men's, Gauff and Alcaraz offer a bright future for a sport's fanbase that in recent years saw all-time greats Serena Williams, Roger Federer and Rafael Nadal walk away and currently might be pondering how much longer Novak Djokovic will contend for the biggest prizes. 'Tennis is just in such a great, great place right now. We are so fortunate to have not only Coco, not only Carlos, but a deep bench of young stars that are just propelling the growth of our sport,' U.S. Open tournament director Stacey Allaster said. 'I've been around a long time, and when we have lost great, iconic champions in the past, there's generally been a little bit of a dip. We have had the exact opposite during this transition. ... I always like to say the champions of today are standing on the shoulders of the champions of the past. These champions have jumped off the shoulders of the past champions.' One key for a sport, especially an individual one, to gain attention and grow popularity is to have rivalries that demand buy-in. Alcaraz vs. Sinner clearly provides that, much in the way that Federer vs. Nadal or Nadal vs. Djokovic did. The Alcaraz vs. Sinner final at the French Open 'was insane' The five-set, 5 1/2-hour men's final at Roland-Garros was as full of momentum swings, terrific tennis and athleticism as anything those greats conjured. 'The level,' two-time reigning Wimbledon champion Alcaraz said, 'was insane.' The way he and Sinner, 23, are currently divvying up the biggest prizes — they've split the past six major trophies and eight of the past 11 — is certainly reminiscent of the Big Three's dominance, albeit over a much smaller sample size so far. 'Having these two guys fighting for big trophies — I think we have to be very happy about it in the sport of tennis,' said Juan Carlos Ferrero, Alcaraz's main coach. 'For them, for sure it's something that they raise their level every time that they go on the court. They know they have to play unbelievable tennis to beat the other guy, and it's something that is going to help for sure each player to raise the level even more.' Sabalenka apologized to Gauff about post-match comments in Paris It sure does seem as though Gauff vs. Sabalenka could provide that sort of dynamic and buzz, too. Consider that, like Alcaraz and Sinner, they occupy the top two spots in the rankings. And consider that, like those other two, both own multiple major titles. Gauff's two Slam triumphs came via three-set victories over Sabalenka in the finals. Plus, their latest meeting at Roland-Garros came with some added spice because of Sabalenka's post-match comments that were seen as less than fully gracious toward Gauff. It became such a thing that Sabalenka felt the need to issue a pair of apologies — one privately via writing to Gauff, and one publicly in an interview at her next tournament. Add that sort of off-court intrigue to the on-court interest, and if there are rematches at the All England Club a couple of weeks from now, no one who is invested in tennis will be displeased. 'There's incredible momentum and wind in our sales as we think about the sport, in total,' said Lew Sherr, who is about to leave his role as the CEO of the U.S. Tennis Association. 'We've had five consecutive years of participation growth ... and that certainly is being, in part, fueled by the great talent and inspiring players we have at the professional level, and also is feeding record attendance, record interest, record viewership. Those things go hand in hand. We have not missed a beat.'
Daily Record
12 hours ago
- Entertainment
- Daily Record
Tom Hanks' worst film ever branded 'lifeless' as his all time top 10 ranked
Tom Hanks has been in some of the most beloved films over the years, from Toy Story to Saving Private Ryan, but he has also appeared in a film that only has 15% on Rotten Tomatoes Hollywood legend Tom Hanks has starred in some of the biggest hits since the 80s. Now, his films have been ranked in order of their popularity by Rotten Tomatoes, using real-life reviews to create an overall score. While many of Hanks' movies have received high praise, one film that has come out as the least popular among fans is 1990's The Bonfire of the Vanities, with a lowly 15% score. Starring Hanks, Bruce Willis, Morgan Freeman, and Melanie Griffith, viewers might expect the comedy to be a hit. However, despite its A-list cast, the film has been panned by fans online as "lifeless satire". On Rotten Tomatoes, one viewer wrote: "Bloated, facile, mostly lifeless satire that takes forever to get going and doesn't have much to say once it gets there. Actors are either miscast (Hanks), misused (Willis), or shamelessly cartoonish (Griffith)." Another critic stated: "Even with an all-star line-up, the stars couldn't hold up this movie from eventually sinking. The satire was good, but the comedy was hit and mostly miss." Early in his career, the film was marred by controversy and underperformed at the box office, despite being based on Tom Wolfe's popular novel of the same name, reports the Irish Star. Despite its A-list cast, the film failed to attract viewers and grossed only $15.6 million upon its 1990 release, falling short of its $47 million budget. In contrast, Hanks' highest-rated film, with a perfect 100% score, is Disney Pixar's Toy Story 2. Released in 1999, this beloved animated children's film has become deeply ingrained in popular culture, featuring one of Hanks' most iconic roles - albeit one that doesn't show his face. As the voice of Woody, a toy cowboy brought to life, Hanks has become synonymous with the feel-good franchise, appearing in all four instalments, which comprise his top four rated films. Such is the enduring popularity of Toy Story that even the fourth film boasts an impressive 96% rating. Beyond his animated voice work, Hanks' highest-rated live-action film, ranking fifth overall, is the 1988 comedy Big, where he plays a teenager who wakes up to find himself an adult overnight. Critics attribute the film's success to Hanks' "brilliant performance", citing his ability to capture both childhood innocence and the challenges of navigating the adult world. The review concludes: "Unique, fun and charming, there is a lot to love about Big." At the sixth spot is a 2002 addition, Catch Me If You Can, followed by Apollo 13 and A Beautiful Day in the Neighbourhood at eighth place, with Captain Phillips coming in ninth. Just scraping into the top ten, with an impressive Rotten Tomatoes score of 94%, is the highly acclaimed Spielberg film Saving Private Ryan, still regarded by many as one of the finest war films ever made. Tom Hanks' Top 10 films as rated by Rotten Tomatoes Toy Story 2 (1999) Toy Story (1995) Toy Story 3 (2010) Toy Story 4 (2019) Big (1988) Catch Me if You Can (2002) Apollo 13 (1995) A Beautiful Day in the Neighborhood (2019) Captain Phillips (2013) Saving Private Ryan (1998)
