Spin Cycle: Kill Bill — The One Big Beautiful One, That Is

The U.S. House met its stated goal, passing the One Big Beautiful Bill Act ahead of the Memorial Day holiday weekend — and by Sunday morning, the talking heads were doing their best to direct as much rain as possible onto the House Republicans’ parade.

For those who don’t spend their Sunday mornings glued to the television — and their Sunday afternoons attempting to dig through a week’s worth of network and cable news media spin — The Daily Wire has compiled a short summary of what you may have missed.

On CBS News’ “Face the Nation,” host Margaret Brennan spoke with House Speaker Mike Johnson (R-LA) about the total projected cost of the bill as well as some of the provisions that were included before it was sent on to the U.S. Senate.

Speaker Mike Johnson (R-LA) says $4 to $5 trillion over the next decade is “about the right estimate” for the total cost of President Trump’s “one big, beautiful bill,” which passed the House last week, and he says “cuts to government” through the bill will give the American… pic.twitter.com/VBNuI7huRY

— Face The Nation (@FaceTheNation) May 25, 2025

Johnson said that $4 to $5 trillion over approximately ten years was “about the right estimate” for the measure’s total cost, but he also said that the cuts included in the bill would provide savings to taxpayers as well.

“At the same time, we have historic savings for the American people — cuts to government to make it more efficient and effective and work better for the people,” Johnson said. “That was a big campaign promise of President Trump and a big promise of ours, and we’re going to achieve that. So in the calculation here, there’s more than $1.5 trillion in savings, Margaret, for the people.”

Johnson referred to the bill as “arguably the most consequential legislation Congress will pass in many generations.”

Brennan pushed back, noting that the Kaiser Foundation had evaluated the bill and said that changes to Medicaid could result in 200,000 people in Johnson’s home state of Louisiana losing their health care coverage. Johnson said that the only thing the bill would cut with regard to Medicaid was waste and abuse.

“There’s a moral component to what we’re doing. When you make young men work, it’s good for them, it’s good for their dignity, it’s good for their self-worth and it’s good for the community that they live in,” he explained.

The Kaiser Family Foundation estimates nearly 200,000 people in Louisiana could lose Medicaid coverage under cuts from President Trump’s “one big, beautiful bill.”

Speaker Mike Johnson (R-LA) denies that there will be cuts and says the focus is on “fraud, waste and abuse,”… pic.twitter.com/JeKUjhH2Gn

— Face The Nation (@FaceTheNation) May 25, 2025

Johnson also acknowledged that some Senate Republicans objected to the expanded SALT (state and local taxes) cap, but noted that the large number of House Republicans in blue states had made the expansion a “political reality.”

Several Senate Republicans may oppose changes to the expanded SALT (state and local taxes) cap in President Trump’s “one big, beautiful bill” that just passed in the House.

Speaker Mike Johnson says “there’s got to be a modification to SALT,” and that this is a “political… pic.twitter.com/iRPykObz48

— Face The Nation (@FaceTheNation) May 25, 2025

Brennan then spoke with Rep. Jim Himes (D-CT), who was in favor of the expanded SALT cap because Connecticut has a higher state and local tax burden, but opposed the bill otherwise.

The House-passed budget bill’s SALT cap increase “is going to be good” for Connecticut, which has one of the highest state and local tax burdens in the U.S., says Rep. Jim Himes (D-CT), but adds, the bill “fails spectacularly” otherwise.

“The American people want basically three… pic.twitter.com/XdAjfZ3pXu

— Face The Nation (@FaceTheNation) May 25, 2025

On NBC’s “Meet the Press,” Senator Ron Johnson (R-WI) said that he believed there was enough opposition in the Senate to “hold up” the bill.

Sen. Ron Johnson says there’s enough opposition in the Senate to hold up Trump’s ‘big, beautiful’ bill https://t.co/yT8FaA6NBc

— Meet the Press (@MeetThePress) May 25, 2025

Johnson also made an appearance on CNN’s “State of the Union,” where he claimed that the bill was “immoral,” and added, “It’s wrong. It has to stop.”

.@RonJohnsonWI says the House tax and spending cut bill is mortgaging American children’s future: “It’s immoral. It’s wrong. It has to stop.” pic.twitter.com/rd0Gnanxlt

— State of the Union (@CNNSOTU) May 25, 2025

Johnson also made a stop on “State of the Union,” telling anchor Jake Tapper that he hoped to see it move through the Senate without major changes. “It’s best not to meddle with it too much,” he said.

.@SpeakerJohnson warns senators about making changes to President Trump’s tax and spending cut bill: “It’s best not to meddle with it too much.” pic.twitter.com/SsBPUkYsev

— State of the Union (@CNNSOTU) May 25, 2025

Trump Delays 50% Tariffs On EU After Its Leader Blinks

President Donald Trump announced on Sunday that he is pushing back the deadline to raise tariffs on imports from the European Union after a conversation with its leader, who says more time is needed to hash out a “good deal.”

In a post on Truth Social, Trump shared that the deadline of June 1 to raise the tariff rate from 10% to 50% — which he floated on Friday — would be delayed until July 9. The president said he decided to delay the tariffs after receiving a call from European Commission President Ursula von der Leyen.

“I received a call today from Ursula von der Leyen, President of the European Commission, requesting an extension on the June 1st deadline on the 50% Tariff with respect to Trade and the European Union,” Trump said. “I agreed to the extension — July 9, 2025 — It was my privilege to do so. The Commission President said that talks will begin rapidly. Thank you for your attention to this matter!”

Von der Leyen said she had a “good call” with Trump in a post on X.

“The EU and US share the world’s most consequential and close trade relationship,” von der Leyen said. “Europe is ready to advance talks swiftly and decisively. To reach a good deal, we would need the time until July 9.”

Just before Memorial Day weekend began, Trump declared he would impose a 50% tariff on products from the European Union, apparently moving up the deadline of the 90-day pause of his “Liberation Day” tariffs for the European bloc by a little more than a month.

“The European Union, which was formed for the primary purpose of taking advantage of the United States on TRADE, has been very difficult to deal with,” Trump said at the time. “Their powerful Trade Barriers, Vat Taxes, ridiculous Corporate Penalties, Non-Monetary Trade Barriers, Monetary Manipulations, unfair and unjustified lawsuits against Americans Companies, and more, have led to a Trade Deficit with the U.S. of more than $250,000,000 a year, a number which is totally unacceptable. Our discussions with them are going nowhere!”

“Therefore, I am recommending a straight 50% Tariff on the European Union, starting on June 1, 2025,” he added. “There is no Tariff if the product is built or manufactured in the United States.”

Trump told reporters in Morristown, New Jersey, on Sunday that von der Leyen “wants to get down to serious negotiation.”

Earlier this month, the United States and China agreed to lower steep tariffs above 100% imposed on each other’s goods as they continue trade discussions. Trump administration officials have also unveiled a trade deal framework with the United Kingdom and teased more deals in the making with other nations dealing with “Liberation Day” tariffs, including many facing the prospect of higher rates above the 10% baseline once the 90-day pause expires.

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