Trump’s “big, beautiful bill” has changed who gets help from the government in the year since it was signed.The Supreme Court’s birthright citizenship ruling was closer than expected.
And a New York City racetrack shuts down after 132 years.Limited time: Save 25% on NBC News subscriptionGet exclusive reporting, live Q&As and ad-free reading.Here’s what to know today.How Trump’s ‘big, beautiful bill’ is reshaping America One year after President Donald Trump signed the “One Big Beautiful Bill,” it has reshaped the country — altering who gets help from the government.This is Morning Rundown, a weekday newsletter to start your day.Sign up here to get it in your inbox.The most consequential legislation of Trump’s second term reaches into nearly every corner of American life.
It supercharges immigration enforcement.It rewrites student loan rules.
It dismantles tax incentives for electric vehicles and clean energy.It creates a national school-voucher tax credit.And at its core is a seismic shift: extending roughly $4.5 trillion in tax cuts disproportionately benefiting corporations and the wealthy over 10 years while cutting about $1.1 trillion from healthcare and food assistance programs serving poor and working-class people.Supporters frame the act as a long-overdue correction.
They argue it’s reducing dependence on government programs, rooting out waste, encouraging work and making American businesses more competitive.But many health policy experts, economists and antipoverty advocates see it as something else: one of the largest transfers of resources from low-income Americans to the rich in U.S.
history.Read the full story here.Medicare begins covering weight loss drugs, but there’s a catch Zepbound; Wegovy.Getty ImagesStarting today, people on Medicare will be able to get weight loss drugs, including Wegovy and Zepbound, for $50 a month.
But patients hoping for quick or permanent access may be disappointed.That’s because the ...