The Latest: 10.9 million more people projected to lose insurance in 2034 from GOP tax bill cuts

The Congressional Budget Office estimates an increase of million people without soundness insurance under President Donald Trump s big bill including million who are in the country without legal status in state-funded programs The package would reduce federal outlays or spending by trillion over that period the budget office reported Meanwhile Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing on Wednesday a move that would hammer businesses from automakers to home builders and likely push up prices for consumers Here s the latest Trump renegotiating CHIPS Act awards The Trump administration is renegotiating specific grants previously awarded to companies under a law design to reinvigorate semiconductor manufacturing in the United States Commerce Secretary Howard Lutnick ratified in a hearing on Wednesday When inquired at a Senate Appropriations Committee hearing about delays in doling out CHIPS Act funding awarded to several companies Lutnick announced they have been reworking particular agreements to try and generate additional domestic venture Are we renegotiating Absolutely for the benefit of the American taxpayer for sure Lutnick explained All the deals are getting better And the only deals that are not getting done are deals that should have never been done in the first place The CHIPS Act a law passed in with bipartisan sponsorship was designed to revive U S semiconductor manufacturing while sharpening the U S edge in military equipment and minimizing future supply chain disruptions But new tariffs and export limitations paired with the administration s threats against the CHIPS Act could dramatically slow its goal of ensuring the U S maintains a competitive edge in artificial intelligence rise Homeland Precaution says its cracking down on visa overstays after attack left several injured in Boulder Colorado The Department of Homeland Guard says it will be going after people who stay in the U S once their visas expire after an Egyptian man who overstayed his visa was charged with injuring several people in Boulder Colorado Mohamed Sabry Soliman is among hundreds of thousands of people known to overstay their visas each year in the United States In a news release Wednesday Homeland Safeguard revealed that U S Customs and Limit Protection Immigration and Customs Enforcement and U S Citizenship and Immigration Services are ramping up their reviews of immigration records Homeland Assurance Secretary Kristi Noem warned that anyone aiming to come to America and advocate for antisemitic violence and terrorism was not welcome and would be prosecuted Homeland Shield has mentioned that Soliman entered the country in August on a tourist visa that expired in February Soliman filed for asylum in September and was granted a work authorization in March but that also expired Trump says he spoke about Iran with Putin and they agreed that country cannot have a nuclear weapon Trump says part of his call with Putin was focused on Iran and the fact that time is running out on Iran s decision pertaining to nuclear weapons which must be made fast Trump announced in a post on his social media site that he notified Russia s president that Iran cannot have a nuclear weapon and on this I believe that we were in agreement He explained Putin suggested that he will participate in the discussions with Iran and could perhaps be helpful in getting this brought to a rapid conclusion Trump previously boasted that a major announcement on Iran was coming but none has materialized He suggested in his latest post that Iran has been slow-walking their decision and we will need a definitive answer in a very short period of time British Prime Minister says deal exempting UK from US metals tariffs will be in place before deadline British Prime Minister Keir Starmer says he is confident a pact deal exempting the U K from U S metals tariffs will be in force before a July deadline set by President Donald Trump Starmer and Trump informed a transaction agreement on May that will eliminate import taxes on U K steel and aluminum but it has yet to come into force Trump raised the tax on imported steel and aluminum from to starting Wednesday but revealed it would stay at for the U K He reserved the right to hike the rate if the deal isn t in force by July Starmer described lawmakers in the House of Commons that the agreement would be implemented in just a couple of weeks We are the only country in the world that isn t paying the tax on steel and that will be coming down Starmer declared We are working on it to bring it down to zero that is going to happen Gareth Stace head of the industry body U K Steel announced Trump s decision to keep tariffs on British steel at was a welcome pause but warned that continuing uncertainty was making American customers dubious over whether they should even exposure making U K orders Trump says Putin advised him Russia will respond to Ukrainian attack on airfields President Trump declared Russian President Vladimir Putin explained him very strongly in a phone call Wednesday that he will respond to Ukraine s weekend drone attack on Russian airfields The U S president commented in a social media post that It was a good conversation but not a conversation that will lead to immediate Peace The call that lasted for an hour and minutes was Trump s first known with Putin since May Trump announced he and Putin also discussed Iran s nuclear initiative Read more about Russia s war in Ukraine African history classes are safe if they teach both sides McMahon says Coaching Secretary Linda McMahon made the comment Wednesday while facing questions by the House Committee on Coaching and the Workforce Asking about the Trump administration s push to end diversity equity and inclusion programs Democratic Rep Summer Lee required if courses on African American history should be permitted I do not think that African studies or Middle East studies or Chinese studies are part of DEI if they are taught as part of the total history package McMahon noted If you re giving the facts on both sides of program they re not DEI Lee responded that I don t know what both sides of African American history would be Lee posed the same question about lessons on the Tulsa Race Massacre I d have to get back to you on that McMahon mentioned Former White House press secretary Karine Jean-Pierre has a book coming out this fall The book promises a close look at President Joe Biden s decision not to run for reelection and calls for thinking beyond the two-party system Jean-Pierre herself has switched her affiliation to independent after working in two Democratic administrations according to Legacy Lit a Hachette Book Group imprint that will publish Independent A Look Inside a Broken White House Outside the Party Lines on Oct Jean-Pierre was criticized at times for being evasive about Biden s physical condition Wednesday s announcement from Legacy Lit says she ll take readers through the three weeks that led to Biden s abandoning his bid for a second term and the betrayal by the Democratic Party that led to his decision Read more about Karine Jean-Pierre s upcoming book House Speaker Mike Johnson says he called Elon Musk to discuss Musk s posts criticizing tax bill I called Elon last night and he didn t answer but I hope to talk to him in the present day Johnson notified reporters Wednesday He added I hope he comes around I d love to talk to him this week and I hope he calls me back nowadays Johnson revealed he and Musk spoke at length Monday about the bill Elon was encouraged by that conversation We had a great it was a very friendly very fruitful conversation together and he and I talked about the midterm elections and he stated I m going to help Johnson explained Then the previous evening you know hours later he does a and he comes out and opposed the bill and it surprised me frankly he added A Democrat responds to the Congressional Budget Office s forecast on Trump s tax bill Republicans cry crocodile tears over the debt when Democrats are in charge but explode it when they re in power mentioned Rep Brendan Boyle of Pennsylvania the top Democrat on the House Budget Committee In the words of Elon Musk Boyle commented reviving the billionaire and former Trump aide s criticism of the package this bill is a disgusting abomination House Majority Leader Steve Scalise criticizes the Congressional Budget Office At a news conference Wednesday with House leadership Scalise mentioned the office has continuously failed to take economic expansion into account You don t need to go back that far to see how wrong the CBO has been Scalise mentioned When it comes time to make prognostications on economic development they ve dependably been wrong Sought later if the budget office should be done away with Scalise did not shoot down the idea I think it s very valid to raise these concerns that CBO has missed the problems that come with making false estimates he reported Economic improvement has been their Achilles heel Pennsylvania sues the USDA over cutting funding to billion food aid initiative The state says the agency under Trump illegally cut off funding to it through a effort designed to distribute more than billion in aid to states to buy food from farms for schools child care centers and food banks The lawsuit in federal court was broadcasted by Gov Josh Shapiro a Democrat and comes three months after states received notices of termination from the Department of Agriculture saying the pandemic-era assistance venture no longer reflects agency priorities I don t get what the hell their priorities are if not feeding people and taking care of our farmers Shapiro revealed at a news conference at a food bank warehouse in Philadelphia The loss to Pennsylvania is million under a three-year contract money the state planned to use to buy food from farms to stock food banks States also use the money to buy food from farms for school nutrition programs and child care centers World Pride opening speaker says she was denied entry to US ahead of human rights conference Just days before she was set to give opening remarks at World Pride s human rights conference in Washington Phyll Opoku-Gyimah the co-founder of UK Black Pride widely known as Lady Phyll revealed she was denied entry to the U S after her visa was revoked due to her travels to Cuba earlier this year Several LGBTQ travelers have expressed concerns or decided to skip the gathering due to anxieties about safety perimeter policies and a hostile political ecosystem Several countries including Denmark Finland and Germany issued cautions for LGBTQ travelers visiting the U S for World Pride Speaking over a livestream Opoku-Gyimah reported she applied instantly for a non-immigrant visa but the earliest date she was given was in September I ve called I ve written I ve pleaded she revealed And the answer was a cold bureaucratic No Budget office estimates increase of million people without strength insurance under Trump s bill That would include million who are in the country without legal status in state-funded programs The package would reduce federal outlays or spending by trillion over that period the nonpartisan Congressional Budget Office noted The analysis comes at a crucial moment in the legislative process as Trump is pushing Congress to have the final product on his desk to sign into law by Fourth of July Trump s big bill will cut taxes by T and add T to deficit nonpartisan budget office says The analysis comes at a crucial moment as President Trump is pushing to have the final product on his desk by Fourth of July The White House and GOP leaders have been sowing doubt on the Congressional Budget Office s work But its findings as the official scorekeeper of bill will be weighed by lawmakers and others seeking to understand the budgetary effects of the sprawling -page plus package Read more about Trump s bill in Congress Voters in northern Virginia will pick successor to Rep Gerry Connolly who died last month Republican Virginia Gov Glenn Youngkin disclosed the special polling to fill the Congressional seat representing the state s preponderance populous county would be set for Sept Both parties must choose their nominees by July Connolly a fixture of Democratic politics in a deep blue district died weeks after announcing he wouldn t seek reelection Before his death he endorsed his former chief of staff and Fairfax County Board Supervisor James Walkinshaw largely seen as a frontrunner among a crowded field of Democrats vying for the party s nomination State Sen Stella Pekarsky state Del Irene Shin and six other local Democrats have also filed to run Three local Republicans and an independent have additionally launched their campaigns The special vote takes place amid a busy year for Virginia voters in which candidates for governor lieutenant governor attorney general and all House of Delegates seats will be up for voting process in November Wall Street stalls following a potentially discouraging statement on the US job region U S stocks are drifting in tentative trading following a potentially discouraging signal on the job arena and business sector The S P edged up Wednesday and lost a few particular momentum after a big rally drove it back within of its all-time high The Dow Jones Industrial Average was up points and the Nasdaq composite added The action was stronger in the bond area where Treasury yields fell after a summary suggested employers outside the administration hired far fewer workers than expected last month That could bode ill for Friday s more comprehensive jobs review coming from the Labor Department Trump to participate in a summer soir e at the White House Scheduled for p m ET on the South Lawn the event is billed as a way for Trump to thank and celebrate the work of hundreds of political appointees in his administration People in those jobs are chosen by the president and range from his staff at the White House to Cabinet secretaries and agency heads Trump s Wednesday schedule according to the White House p m Trump will receive his intelligence briefing p m Trump will sign proclamations p m Trump will participate in the Summer Soir e at the White House Trump and Thune are meeting Wednesday to discuss budget bill The president Republican Senate Majority Leader John Thune and Republicans on the Senate Finance Committee that oversees tax plan are meeting at the White House this afternoon to discuss Trump s one big beautiful tax cut and spending bill That s according to a person familiar with the schedule who was granted anonymity to confirm a private meeting The Republican-controlled House in the past few days passed the bill by one vote but it s now facing resistance from a handful of Senate Republicans who want even deeper spending cuts Trump adviser Elon Musk has also blasted the bill as a disgusting abomination The centerpiece of Trump s legislative agenda the bill would extend trillion in expiring tax cuts spend more money on immigration and demarcation enforcement and find savings by cutting Medicaid food stamps and green potential investments Seung Min Kim and Darlene Superville Wall Street ticks quietly higher in premarket as Trump s steel and aluminum tariffs due to kick in Futures for the S P the Dow Jones Industrial Average and Nasdaq all rose in light trading before the bell Wednesday morning The European Union s top contract negotiator Maro ef ovi met Wednesday with his American counterpart U S Exchange Representative Jamieson Greer on the sidelines of a meeting of the Organisation for Economic Cooperation and Advance ef ovi stated talks were advancing in the right direction at pace There s been no official update on the status of the steel and aluminum tariffs as of early Wednesday morning Those tariffs are expected to hit a broad range of businesses hard and likely push up prices for consumers Read more about the financial markets While you were asleep Trump s overnight posts range from China s president to Biden s autopen Trump was current on his social media site in the a m ET hour I like President XI of China inevitably have and invariably will but he is VERY TOUGH AND EXTREMELY HARD TO MAKE A DEAL he commented in one post The Republican president mentioned last week that he ll stop being Mr NICE GUY with China on deal after he accused the country of developing an agreement with the U S Trump and Xi are expected to speak by telephone this week In another overnight post Trump criticized the use of an automatic pen by by his Democratic predecessor Joe Biden calling it a shame Ukraine s backers meet to drum up arms and ammo The Pentagon chief is absent Senior officers from nearly nations gathered Wednesday with the Pentagon s chief absent for the first time since the group organizing the military aid was set up three years ago The Ukraine Defense Contact Group meeting at NATO headquarters is going to be chaired by the United Kingdom and Germany U S Defense Secretary Pete Hegseth would only arrive in Brussels after it s over He ll participate in a meeting of NATO defense ministers Thursday His absence is the latest in a series of attempts Washington has taken to distance itself from Ukraine s efforts to repel Russia s full-scale invasion which began on Feb Before Wednesday s meeting the U K stated that it plans a tenfold increase in drone production to help Ukraine Drones have become a decisive factor in the war now in its fourth year Read more about efforts to backing Ukraine Europe and the US are meeting in Paris to negotiate a settlement of a tense tariff spat The European Union s top pact negotiator Maro ef ovi met Wednesday with his American counterpart U S Arrangement Representative Jamieson Greer on the sidelines of a meeting of the Organisation for Economic Cooperation and Enhancement We re advancing in the right direction at pace ef ovi commented at a news conference He declared ongoing technical meetings between EU and U S negotiators in Washington would be soon followed by a video conference between himself and Greer to then assess the progress and charter the way forward Brussels and Washington are unlikely to reach a substantive exchange agreement in Paris The issues dividing them are too tough to resolve swiftly President Trump regularly fumes about America s persistent business deficit with the European Union which was a record billion last year according to the U S Commerce Department Read more about tariff negotiations between the U S and Europe Environmentalists criticize Trump administration push for new oil and gas drilling in Alaska Top Trump administration representatives fresh off touring one of the country s largest oil fields in the Alaska Arctic headlined an vigor conference led by the state s Republican governor on Tuesday that environmentalists criticized as promoting new oil and gas drilling and turning away from the atmosphere problem Several dozen protesters were outside Gov Mike Dunleavy s annual Alaska Sustainable Resource Conference in Anchorage where U S Interior Secretary Doug Burgum Force Secretary Chris Wright and Environmental Protection Agency Administrator Lee Zeldin were featured speakers The federal representatives were continuing a multiday trip aimed at highlighting Trump s push to expand oil and gas drilling mining and logging in the state Calls for additional drilling including Trump s renewed focus on getting a massive liquefied natural gas project built are false solutions to ability requirements and state concerns protester Sarah Furman disclosed outside the Anchorage convention hall as people carried signs with slogans such as Alaska is Not for Sale and Protect our Society Lands Read more about environmentalists reactions Trump administration revokes guidance requiring hospitals to provide emergency abortions The Trump administration revealed on Tuesday that it would revoke guidance to the nation s hospitals that directed them to provide urgency abortions for women when they are necessary to stabilize their healthcare condition That guidance was issued to hospitals in weeks after the U S Supreme Court upended national abortion rights in the U S It was an effort by the Biden administration to preserve abortion access for extreme cases in which women were experiencing clinical emergencies and needed an abortion to prevent organ loss or severe hemorrhaging among other serious complications Under the Crisis Therapeutic Therapy and Ongoing Labor Act crisis rooms that receive Medicare dollars to provide an exam and stabilizing remedy for all patients Nearly all urgency rooms in the U S rely on Medicare funds The Trump administration revealed on Tuesday that it would no longer enforce that guidelines The move prompted concerns from several doctors and abortion rights advocates that women will not get crisis abortions in states with strict bans Read more about the administration revoking guidance on urgency abortions Trump formally asks Congress to claw back approved spending targeted by DOGE The White House on Tuesday officially urged Congress to claw back billion in already approved spending taking funding away from programs targeted by Elon Musk s Department of Regime Efficiency It s a process known as rescission which requires Trump to get approval from Congress to return money that had previously been appropriated Trump s aides say the funding cuts target programs that promote liberal ideologies The request if it passes the House and Senate would formally enshrine various of the spending cuts and freezes sought by DOGE It comes at a time when Musk is extremely unhappy with the tax cut and spending plan making its way through Congress calling it on Tuesday a disgusting abomination for increasing the federal deficit White House budget director Russ Vought declared more rescission packages and other efforts to cut spending could follow if the current effort succeeds We are certainly willing and able to send up additional packages if the congressional will is there Vought reported reporters Read more about Trump s request to Congress Source