Federal student loan borrowers now face a major shift under President Donald Trump’s latest legislative victory. Tucked into a $3.3 trillion budget reconciliation bill, the new law reshapes repayment options, sets borrowing caps, and ends several Obama- and Biden-era loan programs.
Former Treasury Secretary Larry Summers blasted President Donald Trump’s “Big Beautiful Bill” on Sunday, calling it the most disgraceful piece of legislation in modern history. Appearing on ABC’s “This Week,” Summers said the bill’s deep cuts to social programs would endanger hundreds of thousands of Americans and undermine the nation’s economic stability.
Kentucky Governor Andy Beshear sharply criticized President Trump’s “Big Beautiful Bill,” calling it the “single worst piece of legislation I’ve seen in my lifetime.” Speaking during a Sunday interview, Beshear warned that the sweeping $3.3 trillion federal bill would devastate rural America, especially in states like Kentucky.
President Donald Trump signed the “Big Beautiful Bill” into law Friday, July 4, during a celebratory Independence Day event at the White House. The signature ceremony occurred one day after the House approval, meeting a Republican-set deadline and underscoring the administration’s commitment to swift legislative action.
President Donald Trump has notched a string of major victories just six months into his second term, fulfilling core campaign promises and setting the tone for America’s 250th anniversary celebration.
A new White House video released Thursday features American workers and mothers from across the nation urging the Senate to pass President Donald Trump’s One Big Beautiful Bill. The legislation, a key part of Trump’s economic agenda, includes tax cuts, protections for workers’ pay, and border security enhancements.
Senator Katie Britt (R-AL) announced Sunday that President Donald Trump’s latest spending package is on track for a final Senate vote on Monday, barring any major delays in the chamber.
House Speaker Mike Johnson (R-LA) pushed back Friday night against concerns that Tesla CEO Elon Musk’s criticism could derail the Republican-led “Big, Beautiful Bill,” a cornerstone legislative package reflecting President Trump’s core agenda. Appearing on Fox News’ Jesse Watters Primetime, Johnson dismissed Musk’s opposition, describing the bill as a direct fulfillment of Trump’s campaign promises.
SpaceX CEO Elon Musk launched a sharp rebuke of President Donald Trump’s “One Big, Beautiful Bill,” calling it a “pork-filled Congressional spending bill” and a “disgusting abomination.” Musk expressed his outrage on X, accusing lawmakers who supported the bill of betraying their constituents.
