Trump Action Archive

Supporting reports

• Elon Musk announces plan to donate SpaceX stock to American children via Trump Accounts — Elon Musk announced on X that he will donate one share of SpaceX stock to every child in America, valued at approximately $10.5 billion based on current stock prices and the 72 million children in the U.S. The shares would be distributed through Trump Accounts, savings accounts for children launched on July 4, 2026. President Trump publicly celebrated the announcement. SpaceX President Gwynne Shotwell separately announced she and her husband would donate shares to approximately two million children with Trump Accounts.
• Elon Musk announces SpaceX share giveaway to American children — Elon Musk announced on X (formerly Twitter) on October 20, 2026, that he plans to distribute one share of SpaceX to every child in America. At current market prices, the giveaway would be valued at approximately $10.5 billion. Popular Information reports skepticism about Musk's motivations for the announcement, though the article does not detail specific concerns in the excerpt provided.

Supporting reports

• Trump administration negotiates oil development deal with Venezuela through Pentagon office — The Trump administration announced a deal to develop Venezuela's oil resources through the Pentagon's Office of Strategic Capital, partnering with Venezuelan businessman Alejandro Betancourt López. The U.S. government would back development of a significant portion of Venezuela's proven oil reserves, with Betancourt's company leading operations. Trump claimed the arrangement gives the U.S. "majority control" over a large portion of the country's reserves, though details remain unclear and expected to evolve. Production timelines extend years into the future with minimal immediate impact on global commodity prices.
• Trump announced oil deal with Venezuela granting U.S. control of 65 billion barrels of proven reserves — Trump announced an agreement with Venezuela giving the United States majority control of more than 65 billion barrels of proven oil reserves "at no cost to the American Taxpayer." The deal involves a partnership between the U.S. government and private operator Alejandro Betancourt López, whose family controls Venezuela's second-largest private oil producer, North American Blue Energy Partners. The U.S. would control 55% of the venture's output. The administration has not disclosed the final terms, legal basis, or how proceeds will be distributed. An oil industry executive noted the deal is "built on a legal environment that does not exist," as Venezuela's constitution prohibits private ownership of oil and gas rights.

Supporting reports

• Administration cancels offshore wind project; funnels $900 million to Trump donor's firm — The Trump administration canceled an offshore wind project and directed the German company RWE to receive $1.2 billion in federal funds to abandon wind leases off New York, California, and Louisiana in exchange for investing in "conventional energy" projects. RWE will spend $900 million of that sum acquiring a stake in a liquefied natural gas project in Louisiana currently owned by a private equity fund run by Australian billionaire Michael Dorrell, who donated approximately $1 million to Trump's inaugural committee. The arrangement effectively funnels federal funds to a Trump donor's private equity firm.
• Trump administration settles offshore wind cancellation with $1.2 billion payout to RWE — The Trump administration reached a settlement requiring German energy company RWE to receive $1.2 billion from a federal fund in exchange for surrendering offshore wind leases in New York, California, and Louisiana and investing in conventional energy projects instead. Of the payout, $900 million will be used by RWE to purchase a stake in a liquefied natural gas project in Louisiana from a private equity fund owned by Australian billionaire Michael Dorrell, who donated $926,300 to Trump's inaugural committee in late 2024 and another $73,700 weeks later.

Supporting reports

• Trump signed Executive Order 14386 directing the Department of War to procure power from coal-fired generation facilities for military installations via long-term Power Purchase Agreements, citing national defense and grid reliability. — President Trump signed Executive Order 14386 on February 11, 2026, directing the Secretary of War, in coordination with the Secretary of Energy, to seek long-term Power Purchase Agreements with coal-fired energy production facilities to serve Department of War installations and mission-critical facilities. The order frames coal generation as essential to national security, grid reliability, and defense operational readiness, and prioritizes projects enhancing grid reliability, on-site fuel security, and mission assurance for defense and intelligence capabilities.
• Trump signed executive order directing Defense Department to purchase billions in coal-generated power — At a White House ceremony surrounded by coal industry leaders, lawmakers, and miners, President Trump signed an executive order directing the Defense Department to purchase billions of dollars of power produced by coal. Trump characterized environmental regulations as "the Radical Left's war on the industry." The event included presentation of a trophy naming Trump "the undisputed champion of beautiful, clean coal."
• Trump issues executive order directing federal military installations to procure power from coal-fired generation facilities — President Trump issued an executive order on February 11, 2026, directing the Secretary of War (in coordination with the Secretary of Energy) to procure power from U.S. coal-generation facilities through long-term Power Purchase Agreements for Department of War installations and mission-critical facilities. The order frames coal as essential to national defense and grid reliability, citing a prior national energy emergency declaration. It prioritizes projects enhancing grid reliability, on-site fuel security, and defense mission assurance.
• President Trump signed executive order directing Department of War to purchase coal power — On February 12, 2026, President Trump held a "Champion of Coal" event at the White House where he signed an executive order directing the Department of War to purchase coal-generated power and announced Tennessee Valley Authority's recommitment to coal. The White House release states Trump was honored as the "Undisputed Champion of Beautiful, Clean Coal" and framed the action as supporting coal workers, rural communities, and energy independence. Multiple lawmakers and industry leaders attended and issued statements of support.
• White House issued fact sheet promoting executive order on coal power for military installations — The White House published a fact sheet on February 11, 2026, promoting an executive order signed by President Trump directing the Department of War to prioritize long-term Power Purchase Agreements with coal-fired energy facilities to supply military installations and critical defense facilities. The fact sheet states the order aims to ensure "uninterrupted, on-demand baseload power" and claims coal provides reliable energy superior to intermittent renewable sources. It asserts that Trump's prior coal-related executive orders have "stopped the closure of 17 gigawatts of coal power" and resulted in new investments.
• White House signed Executive Order 14386 directing Department of War to procure power from coal-fired generation facilities for military installations — The White House signed Executive Order 14386 on February 11, 2026, directing the Secretary of War, in coordination with the Secretary of Energy, to procure power from coal-fired generation facilities through long-term Power Purchase Agreements to serve Department of War installations and mission-critical facilities. The order frames coal as essential to national and economic security, citing grid reliability, on-site fuel security, and defense mission assurance as priorities. The order references prior executive orders declaring a national energy emergency and establishing coal as central to grid security.
• Trump signs executive order requiring military to purchase electricity from coal-fired power plants — President Trump signed an executive order at a "Champion of Coal" event directing the Department of Defense to procure increased electricity from coal-fired power plants. The order was issued on the same day as the endangerment finding rescission. Trump received the inaugural "Undisputed Champion of Coal" award from the Washington Coal Club, a pro-coal industry organization. The coal industry contributed $3.5 million to Trump's 2024 election campaign.
• Trump Signs Executive Order to Support Coal Industry — President Donald J. Trump signed an executive order directing the Defense Department to purchase billions of dollars of power produced by coal during a ceremony at the White House. He also announced that the Department of Energy will allocate $175 million to modernize and extend the life of coal-fired power plants in several states. This action is part of Trump's broader agenda to support the coal industry, which he claims is under attack from the "Radical Left."

Supporting reports

• Banks demand U.S. government guarantee for $20 billion Argentina lending facility — Banks assembled by Treasury Secretary Bessent—including JPMorgan Chase, Bank of America, Citigroup, and Goldman Sachs—are demanding that the U.S. government backstop a $20 billion lending facility to Argentina, effectively requiring taxpayers to absorb losses while banks retain profits. The arrangement emerged after private lenders had ceased lending to Argentina due to its heavy debt burden and low repayment likelihood. The Treasury Department confirmed talks remain ongoing but did not dispute the Wall Street Journal's reporting of the guarantee demand.

Supporting reports

• Trump administration announced government equity stake in Intel and discussed nationalizing defense contractors — Commerce Secretary Howard Lutnick announced that the Trump administration took an ownership stake in Intel and discussed potentially taking equity positions in major defense contractors like Lockheed Martin, which derives 97% of revenue from U.S. government contracts. Lutnick justified the policy as necessary for the government to benefit from taxpayer-funded research and patents. The announcement drew criticism from labor analysts and economists who noted the government received no governance rights or board seats despite taking equity.
• Commerce Secretary discusses equity stakes in defense contractors — On CNBC, Commerce Secretary Howard Lutnick said that Pentagon officials are considering whether the US should acquire equity stakes in defense contractors like Lockheed Martin, which he called "basically an arm of the US government."

Supporting reports

• Trump announced government stake in Intel — Trump announced that the federal government has taken a 10% stake in Intel, which manufactures semiconductors and chips. Trump stated he intends to take similar stakes in other companies. The action represents direct government equity ownership in private corporations.
• Trump announced U.S. acquisition of 10% stake in Intel following pressure on CEO — President Trump announced on social media that the United States now owns and controls 10% of Intel. Trump had called for CEO Lip-Bu Tan's removal on August 7, met with Tan on August 11, and stated he told Tan the U.S. "should be given 10% of Intel." Tan agreed to the arrangement. Trump publicly characterized the transaction as a major corporate acquisition achieved through direct presidential intervention in private business operations.
• Trump Announces U.S. Ownership of 10% of Intel — President Donald Trump announced that the United States now owns 10% of Intel after a meeting with the company's CEO, Lip-Bu Tan, on August 11, where Trump demanded the stake. This announcement marks a significant government intervention in a private company, contrasting with traditional Republican values of free markets.
• Conservative economists and commentators criticized Trump's Intel stake acquisition — Multiple conservative figures criticized Trump's acquisition of a 10% government stake in Intel as socialism and government overreach. National Review's Pradheep Shanker warned it sets a precedent Democrats will exploit; Editor Charles Cooke called it "preposterous"; Sen. Rand Paul questioned whether it constitutes socialism; talk show host Erick Erickson called it "socialism with an R"; former House Freedom Caucus Chair Bob Good suggested canceling Intel subsidies instead; former Trump economic advisor Stephen Moore called it "terrible"; and Fox Business host Larry Kudlow expressed discomfort with the move.
• Trump announced U.S. government acquisition of 10% stake in Intel — President Trump announced that the U.S. government now owns and controls 10% of Intel, stating he negotiated the deal with Intel CEO Lip-Bu Tan and that "the US paid nothing for these Shares" valued at approximately $11 billion. Trump characterized it as "a great Deal for America." The announcement followed Trump's previous threats against Intel's leadership.
• Trump administration announced government equity stake in Intel and discussed nationalizing defense contractors — Commerce Secretary Howard Lutnick announced that the Trump administration took an ownership stake in Intel and discussed potentially taking equity positions in major defense contractors like Lockheed Martin, which derives 97% of revenue from U.S. government contracts. Lutnick justified the policy as necessary for the government to benefit from taxpayer-funded research and patents. The announcement drew criticism from labor analysts and economists who noted the government received no governance rights or board seats despite taking equity.

Supporting reports

• Trump Threatens to Cancel SpaceX Contracts — On Thursday, former President Donald Trump threatened to cancel government contracts with Elon Musk's businesses, including SpaceX, which has been a significant contractor for NASA. Trump made this statement on his social media platform, Truth Social, suggesting that terminating these contracts would save billions of dollars. This threat was part of an ongoing public feud between Trump and Musk, which escalated after Musk criticized Trump's tax and spending bill. Musk initially responded by announcing the decommissioning of SpaceX's Dragon spacecraft but later retracted this decision.

Supporting reports

• Senate Democrats vote to advance the GENIUS Act — On May 19, 2025, 16 Senate Democrats voted to advance the GENIUS Act, a bill that provides a regulatory framework for stablecoins, despite previous opposition due to concerns about Trump's involvement in the stablecoin industry. The GENIUS Act, which had been blocked on May 8, 2025, requires Democratic support to pass due to the filibuster. The bill's passage could significantly benefit Trump, whose family-backed stablecoin, USD1, stands to gain from the legitimization of stablecoins. The Democrats' support came after receiving substantial financial contributions from the crypto industry.
• Financial contributions from the crypto industry to Senate Democrats — Several Senate Democrats who voted to advance the GENIUS Act received significant financial support from the crypto industry. Notable contributions include over $10 million from the Fairshake super PAC to Senator Ruben Gallego and $10 million to Senator Elissa Slotkin. Other senators, such as Adam Schiff and Kirsten Gillibrand, also received substantial donations from crypto industry figures. These financial ties raise concerns about the influence of the crypto industry on legislative decisions, particularly regarding the GENIUS Act, which could benefit Trump's crypto ventures.

Supporting reports

• SpaceX to Decommission Dragon Spacecraft — Elon Musk announced that SpaceX will begin decommissioning its Dragon spacecraft following President Trump's statement about canceling Musk's government contracts. The Dragon spacecraft is used to transport supplies to the International Space Station. This decision comes amid a public feud between Musk and Trump, with Musk criticizing the administration's budget and Trump threatening to terminate governmental subsidies and contracts with Musk's companies.
• Musk's Threat to Decommission SpaceX Spacecraft — In the ongoing public feud with President Trump, Elon Musk announced plans to decommission SpaceX's spacecraft that supply the International Space Station. This decision came after Trump suggested cutting Musk's government contracts, which are crucial for Musk's business operations. The conflict underscores the precarious relationship between private enterprises and government funding.
• Trump and Musk Public Dispute Over Government Contracts — In the ongoing public feud with President Trump, Elon Musk announced plans to decommission SpaceX's spacecraft that are responsible for supplying the International Space Station. This move came after Trump suggested cutting Musk's government subsidies and contracts, indicating a significant escalation in their conflict.
• Trump Suggests Terminating Musk's Government Contracts — President Donald J. Trump expressed disappointment in Elon Musk following Musk's public criticism of a spending bill Trump supports. Musk, who had invested heavily in Trump's 2024 campaign, threatened to decommission SpaceX's spacecraft that supply the International Space Station in response to Trump's suggestion to terminate Musk's government subsidies and contracts. The dispute highlights tensions between the two figures and the influence of money in politics.
• Musk threatens to decommission SpaceX spacecraft — President Donald J. Trump expressed disappointment in Elon Musk following Musk's public criticism of a congressional omnibus bill that Trump supports. Musk, who had invested heavily in Trump's 2024 campaign, threatened to decommission SpaceX's spacecraft that supply the International Space Station in response to Trump's suggestion to terminate Musk's government subsidies and contracts. The public feud highlights tensions between the two influential figures and their competing interests within the Republican Party.
• — President Trump suggested that the government could save billions by terminating Elon Musk's subsidies and contracts. This statement was made in the context of a public dispute between the two, following Musk's criticism of a spending bill Trump supports. The suggestion reflects the power dynamics at play in their relationship and the implications for government funding.
• — President Trump suggested that the government could save billions by terminating Elon Musk's subsidies and contracts, reflecting the contentious relationship between the two. This statement came after Musk publicly criticized a spending bill that Trump is advocating for, further straining their alliance.
• — On June 5, 2025, Elon Musk announced via social media that SpaceX would begin decommissioning its Dragon spacecraft in response to Trump's statements about canceling government contracts. This threat raised concerns about the future of NASA's transportation capabilities.

Supporting reports

• Trump announces doubling of foreign tariffs on steel and aluminium — President Trump unexpectedly announced that he would be doubling tariffs on foreign steel and aluminium imports to 50%. This announcement comes amid ongoing trade negotiations with the UK, which had recently secured a deal to reduce tariffs on UK steel and aluminium to zero. The impact of this new tariff increase on the recently negotiated trade agreement remains unclear.
• Trump announces doubling of steel tariffs — President Donald Trump announced that he will double the tariff on steel imports from 25% to 50%, a move that could significantly impact trade and economic relations with other countries.
• Trump Announces 50% Tariffs on Steel and Aluminum Imports — President Donald Trump announced that he will double the tariff on steel imports from 25% to 50%, continuing his administration's aggressive trade policy.
• Trump announces increase in steel tariffs — On May 30, 2025, former President Donald Trump announced a significant increase in tariffs on steel and aluminum imports, raising them to 50%. This announcement was made during a rally in West Mifflin, Pennsylvania, where Trump also celebrated a deal with Japan-based Nippon Steel to invest in US Steel. The tariffs are set to take effect on June 4, 2025. The move is framed as a measure to protect the U.S. steel industry and workers, though it raises questions about its impact on existing trade agreements and the nature of the Nippon Steel investment.
• Trump Signs Order Raising Tariffs on Steel and Aluminum — Trump announced plans to increase tariffs on steel imports by 25-50%, surprising US businesses that rely on imported steel.
• — President Trump signed an executive order today that raises tariffs on steel and aluminum to 50%, effective tomorrow. This move is expected to impact a wide range of consumer products, as these metals are commonly used in packaging. The increased tariffs could lead to higher prices for items such as cars, washing machines, and various grocery products, including canned goods. The decision is part of Trump's broader trade policy, which has been criticized for potentially increasing costs for American consumers.

Supporting reports

• Trump Media & Technology Group raises $2.5 billion to buy Bitcoin — Trump Media & Technology Group (TMTG), the parent company of Truth Social, announced it has raised $2.5 billion from approximately 50 institutional investors to purchase Bitcoin, creating a "Bitcoin treasury." This move is part of a strategy to increase the company's value despite its financial struggles. The funds were raised through the sale of common stock and convertible senior secured notes. The involvement of Donald Trump, who influences policies affecting cryptocurrency, is seen as a key factor in attracting investors. This action aligns with Trump's broader efforts to profit from rising cryptocurrency prices during his presidency.
• Truth Social launches investment accounts linked to Trump's policies — Truth Social, under Trump Media & Technology Group, announced the launch of new investment accounts offering thematic strategies aligned with "American values and priorities," such as "Made in America." These accounts are designed to capitalize on Trump's federal policies, including tariffs, which could benefit certain domestic companies. The initiative is a collaboration with Index Technologies Group and aims to align investment portfolios with patriotic and ethical convictions. As the majority shareholder, Trump stands to profit from these accounts through fees and strategic investments influenced by his administration's policies.

Supporting reports

• Trump Hosts Crypto Dinner at Country Club — Former President Donald Trump hosted a crypto-themed dinner at his country club near Washington, D.C., where attendees reportedly spent a combined $394 million on a cryptocurrency associated with Trump. The event, which included the use of a government helicopter and the presidential seal, has raised concerns about conflicts of interest and potential corruption. The White House has refused to disclose the guest list, but social media posts have identified some attendees, including crypto billionaire Justin Sun, who spent $75 million and is under investigation by the SEC.
• Trump Hosts “Pay-to-Play” Dinner with Cryptocurrency Investors — Trump hosted a dinner at his Virginia golf club for top investors in his personal cryptocurrency, raising concerns about potential influence on US financial regulations. This event highlights issues of transparency and ethics in political fundraising.

Supporting reports

• Millions projected to lose health insurance under Trump's bill — The Congressional Budget Office (CBO) analysis indicates that Trump's reconciliation bill will result in millions losing health insurance. The bill proposes shortening the ACA enrollment period, imposing Medicaid work requirements, and allowing enhanced ACA premium credits to expire. These changes are projected to increase the uninsured population by 13.7 million by 2034. The bill's provisions, including reduced Medicaid funding and increased bureaucratic hurdles, disproportionately affect vulnerable populations, potentially leaving many without coverage.
• Trump's reconciliation bill impacts on income distribution — The Penn Wharton Budget Model's analysis of President Trump's reconciliation bill reveals that individuals earning less than $51,000 will experience a decrease in after-tax income, while the top 0.1% will see significant income increases. The bill, which includes tax cuts offset by reductions in healthcare and social safety net programs, disproportionately affects lower-income earners. The analysis highlights that the bill's benefits, such as eliminating taxes on tips and overtime, are minimal compared to the negative impacts of reduced healthcare subsidies and social program funding.
• Trump's reconciliation bill projected to increase national debt — The Committee for a Responsible Federal Budget reports that Trump's reconciliation bill will add approximately $3.3 trillion to the national debt by Fiscal Year 2034. Despite cuts to healthcare and social programs intended to offset tax cuts for the wealthy, the bill's fiscal impact remains substantial. The analysis suggests that the bill's tax cuts are too large to be balanced by spending reductions, leading to a significant increase in the federal deficit.

Supporting reports

• Republicans attempt to pass significant budget bill — Republicans in Congress attempted to advance a budget measure dubbed “One, Big, Beautiful Bill,” which aimed to extend Trump’s tax cuts at a projected cost of $4.6 trillion over ten years while raising the debt ceiling by $4 trillion. The bill faced opposition and ultimately failed to advance out of the House Budget Committee.
• House Budget Committee passes bill in late-night session — The House Budget Committee passed a budget bill after a late-night session, with some members who previously voted 'No' changing their votes to 'Present.' The bill is set to face further scrutiny in the Rules Committee.
• Republicans criticized for scheduling votes at odd hours — Several Democratic representatives criticized Republicans for scheduling votes on significant legislation during late-night hours, suggesting a lack of transparency and public engagement in the legislative process.
• House Committee Advances Trump’s Tax Cut Bill — On May 18, 2025, a key House committee passed a tax cut and border security package, known as the One Big Beautiful Bill Act, after reaching an agreement with far-right Republicans who had previously stalled its progress. The bill, which aims to extend tax breaks from Trump's first term and increase spending on border security, faces challenges in the full House due to potential opposition from moderates concerned about cuts to climate incentives and healthcare programs. The bill's passage is crucial for Republicans, who need to unite their party to pass it before the Memorial Day deadline.
• House Budget Committee Passes Controversial Bill — The House Budget Committee passed a bill referred to as the “Big, Beautiful Bill” on a party-line vote, with 17 Republicans in favor and 16 Democrats against. The bill includes cuts to Medicaid and extends tax cuts for the wealthy, which the Congressional Budget Office estimates will significantly increase the federal deficit. House Speaker Mike Johnson indicated minor modifications would be made, while critics argue the bill is being rushed through Congress without adequate scrutiny.
• House Republicans schedule procedural vote on Trump's bill — House Republicans have scheduled a procedural vote for 1am on Wednesday to advance President Trump's "One Big Beautiful Bill Act," which aims to enact his taxation and immigration priorities. The bill includes making permanent or extending tax cuts, ending taxation of tips and overtime, funding a border wall, and mass deportations. It proposes slashing federal safety net programs like Medicaid and SNAP to offset costs, which has caused division among Republicans. The bill's passage is crucial for Trump, but it faces opposition from some lawmakers concerned about its impact on Medicaid and the SALT deduction.
• House Rules Committee to Consider Omnibus Bill — The House Rules Committee is scheduled to meet on May 21, 2025, to discuss a 1,116-page omnibus bill proposed by Republicans that aims to implement significant parts of former President Trump's agenda, including cuts to Medicaid and increased logging on public lands. The bill is being advanced through a budget reconciliation process, which allows it to pass with only Republican votes in the Senate. However, there is notable division among Republicans regarding the proposed Medicaid cuts, which are unpopular among constituents.
• House passes Budget Reconciliation Bill — The House of Representatives passed the Budget Reconciliation Bill by a narrow margin of 215-214, with two Republicans voting against it and one voting present. The bill's passage is significant as it will now move to the Senate, where Republican opposition is anticipated.
• Congressional Republicans pass the One Big Beautiful Bill Act — Congressional Republicans narrowly passed the One Big Beautiful Bill Act with a 215-214 vote. The bill aims to permanently extend tax cuts from Trump's first term and introduce new deductions for working-class families, but these benefits will expire in 2028. The bill also includes cuts to social safety net programs, potentially affecting millions of poor and disabled Americans. The legislation is expected to add $3.4 trillion to the deficit by 2034. It now moves to the US Senate for further consideration under the budget reconciliation procedure, which limits Democratic influence.
• House Passes Trump's "One Big Beautiful Bill" Act — The House of Representatives, controlled by Republicans, passed the "One Big Beautiful Bill" act, which enacts President Donald Trump's taxation and spending priorities. The bill includes making permanent the tax cuts from Trump's first term, increasing the standard deduction, and introducing new tax write-offs. It also allocates significant funds for mass deportations and border wall construction, imposes new fees on immigrants seeking asylum, and restricts federal courts from enforcing certain contempt citations. Additionally, it cuts funding for Medicaid and SNAP, phases out green energy incentives, and raises the debt ceiling by $4 trillion. The bill now awaits consideration in the Senate.
• House Passes Trump's Tax Bill — On May 22, 2025, the House of Representatives narrowly passed a tax bill championed by Donald Trump, known as the One Big Beautiful Bill Act. This legislation aims to make permanent the tax cuts established in 2017, which primarily benefit wealthy Americans and corporations. The bill also includes cuts to government assistance programs like Medicaid and SNAP, and ends clean energy tax credits. The bill is expected to cost the federal government $4.6 trillion in lost revenue over the next decade, while saving $1 trillion through reduced spending on assistance programs.
• House passes Trump's tax-and-spend bill — On May 22, the House of Representatives narrowly passed a tax-and-spend bill, which extends Trump's 2017 tax cuts and makes significant spending reductions, particularly in Medicaid and food assistance programs. The bill passed without any Democratic support and has been criticized for potentially increasing the national debt by $2.4 trillion over the next decade. The Congressional Budget Office (CBO) analysis indicates that the bill would leave 10.9 million more Americans uninsured by 2034. The bill now moves to the Senate, where modifications are expected.
• House passes Trump’s sweeping tax-cut bill — The House of Representatives passed a major tax-cut bill, known as the One Big Beautiful Bill Act, which aligns with Donald Trump's tax and spending priorities. The bill, passed by a narrow margin of 215-214, includes provisions for tax cuts for individuals and corporations, funding for a border wall, and new work requirements for Medicaid and SNAP. It is expected to add $2.3 trillion to the deficit. The bill now moves to the Senate, where Republicans aim to pass it by July 4th.
• House Committee Advances Bill with Steeper Medicaid Cuts — After extensive debate, the House Rules Committee agreed to advance The One Big, Beautiful Bill, which includes steeper cuts to Medicaid to gain support from far-right Republicans. These cuts are expected to leave at least 9 million people without healthcare coverage, reflecting a significant shift in healthcare policy.
• House of Representatives passes Republicans' megabill — The House of Representatives passed a significant bill by a vote of 215 to 214, with all Democrats and two Republicans voting against it. The bill includes substantial cuts to healthcare and nutrition assistance, with the Congressional Budget Office estimating that it will result in over 2.7 million households losing benefits. The bill now moves to the Senate for consideration.
• House Rules Committee Begins Hearing on The One Big, Beautiful Bill — The House Rules Committee commenced a hearing on a budget bill dubbed The One Big, Beautiful Bill, which includes significant restrictions on federal courts' authority to hold government officials in contempt for violating court orders. This bill also proposes a $3.8 trillion extension of tax cuts from 2017, primarily benefiting the wealthy and corporations, while cutting federal healthcare and food assistance programs, potentially leaving millions without coverage. The committee moved the bill forward after 22 hours of debate, aiming for a swift vote in the House.
• House Republicans Pass Bill Cutting Medicaid and Medicare — In a late-night session, House Republicans passed a bill that could remove 8 million people from Medicaid, cut Medicare spending, and add $4 trillion to the national debt. The bill also includes tax cuts for the wealthy and funds for the border wall.
• Congressional Budget Office Reports on Impact of Proposed Bill — The Congressional Budget Office (CBO) reported that the proposed budget bill will add $2.3 trillion to the federal deficit over the next ten years and will trigger cuts to Medicare due to the Pay-As-You-Go law. These cuts, limited by law to 4%, are expected to total approximately $490 billion from 2027 through 2034. The CBO's findings highlight the bill's potential negative impact on low-income Americans and the healthcare system.
• Proposed Cuts to Supplemental Nutrition Assistance Program — The proposed budget bill includes cuts of about 30% to the Supplemental Nutrition Assistance Program (SNAP), which would be the largest cut in the program's history. This reduction is projected to cut approximately $300 billion from the program through 2034, affecting over 40 million people, including children and seniors.
• House passes Trump’s budget bill with significant cuts — The House of Representatives passed a budget bill that extends tax cuts for individuals and corporations while implementing funding cuts and new work requirements for Medicaid and the Supplemental Nutrition Assistance Program (SNAP). These changes are expected to bar millions from receiving essential benefits, raising concerns among affected workers and advocates. The bill also includes funding for a border wall and facilities for mass deportations.

Supporting reports

• SpaceX Secures $6 Billion Pentagon Contract — SpaceX, owned by Elon Musk, has secured a $6 billion contract from the Pentagon, marking a significant increase in its military contracts. This contract is part of a broader trend of tech industry entrants capitalizing on increased military spending. SpaceX is also a frontrunner for the "Golden Dome" missile shield project, a $25 billion initiative proposed by Trump. The project has been criticized as economically and strategically unwise. A letter from over 40 members of Congress has requested a review of Musk's influence over the project, following Trump's firing of the nominated Inspector General.

Supporting reports

• Trump Administration Cuts Federal Climate Science Agencies — The Trump administration has enacted sweeping cuts to federal agencies like NOAA and FEMA, firing climate scientists and halting data collection. These actions have disrupted climate research and preparedness, with significant implications for national and global climate response capabilities. The administration bypassed congressional oversight, using executive orders to implement these changes.
• Trump Administration Rolls Back Environmental Regulations — In the first 100 days of his second term, President Trump has taken over 140 actions to roll back environmental regulations, including rewriting pollution limits for vehicles and power plants, and reconsidering the public health impact of greenhouse gases. The administration has also accelerated environmental reviews for drilling projects and rescinded water efficiency standards. These actions have faced legal challenges, with courts scrutinizing the administration's attempts to bypass standard regulatory procedures.
• Trump Signs Executive Orders to Boost Fossil Fuel Industry — President Trump signed executive orders to ease restrictions on fossil fuel extraction and exports, appointing industry supporters to key federal positions. The administration has also exempted the fossil fuel industry from certain tariffs, despite economic instability caused by these policies. These actions have been criticized for prioritizing industry interests over environmental and economic stability.
• Trump Targets Public Lands and Environmental Protections — The Trump administration has rescinded protections for federal waters and initiated changes to the National Environmental Policy Act, reducing public oversight. Plans include fast-tracking mining and drilling on public lands and rolling back the Endangered Species Act. These actions threaten conservation efforts and public land management.
• Trump administration declares an "energy emergency" to expand drilling — President Trump has declared an "energy emergency" to open more land and ocean areas for oil and gas drilling. This declaration is part of a broader effort to increase fossil fuel production in the United States, reversing environmental regulations and dismissing climate science. The administration's actions have led to a surge in expected greenhouse gas emissions from US oil and gas fields, contributing to global climate change concerns.
• Trump administration halts approvals of new solar and wind projects on federal lands and waters — The Trump administration has stopped the approval of new solar and wind projects on federal lands and waters. This move is part of a broader agenda to promote fossil fuels and reduce support for renewable energy. The administration has also criticized subsidies for clean energy and imposed high tariffs on solar panels from countries like Vietnam, Cambodia, and Malaysia. These actions have led to the cancellation or downsizing of several large-scale clean energy projects, affecting planned investments in renewable energy.

Supporting reports

• Senate Report on Musk's Influence Over Federal Government — A Senate Permanent Subcommittee on Investigations report found that Elon Musk could avoid over $2 billion in potential legal financial liabilities due to his influence on the federal government through DOGE. This report raises concerns about the intersection of private influence and public policy.