Name: Conservatives Block Trump's 'Big, Beautiful Bill' in Committee Vote
Uploaded: 2025-05-16T21:45:00Z
Duration: 1 min 57 s
Description: Some House Republicans blocked the Budget Committee from advancing the party’s tax-and-spending bill, citing disagreements over Medicaid and clean-energy tax breaks.

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Under CEO Cristiano Amon, semiconductor company Qualcomm is bringing its technology to multiple industries. This conversation was recorded on May 28, 2025.

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NYU Langone CEO Says This Can Help the U.S. Government Fix Healthcare

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Why Aon's CEO Is Betting on GLP-1 and Other Weight-Loss Meds

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Taking Away Tax-Exempt Status: A “Nuclear Weapon Against Universities”

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Is Tesla Miles Ahead of Others in the Electric Vehicle Race?

Chinese tech company DiDi Global, which runs a ride-sharing app, has announced it plans to delist from the New York Stock Exchange. Investors are watching and waiting to see what other Chinese giants with U.S. listings, like Alibaba and JD.com, will do. Here's what delisting entails.

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Is Electric Vehicle Demand Cooling Off? 

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The $600,000 Case for Bitcoin

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Bond Funds or Individual Bonds?

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Chipotle's CEO on How He Plans to Double the Business. Again.

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Don’t Trim Your Inflation Hedges

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Some House Republicans blocked the Budget Committee from advancing the party’s tax-and-spending bill, citing disagreements over Medicaid and clean-energy tax breaks. Photo: Tom Williams/Zuma Press

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Some House Republicans blocked the Budget Committee from advancing the party’s tax-and-spending bill, citing disagreements over Medicaid and clean-energy tax breaks.

Conservatives Block Trump's 'Big, Beautiful Bill' in Committee Vote

Mr. Chair on the vote, there were 16 ayes and 21 nos.

Well, the nos have it, the committee stands in recess, subject to the call of the chair.

This bill falls profoundly short. It does not do what we say it does with respect to deficits. The fact of the matter is on the spending, what we're dealing with here on tax cuts in spending a massive front-loaded deficit increase. That's the truth. And if we would reform Medicaid, we could actually get to the core of the problem, but we refuse to do it. And I'm not gonna sit here and say that everything is hunky dory when this is the budget committee. This is the budget committee. We are supposed to do something to actually result in balanced budgets.

What I saw happen in Oklahoma in my time in the state legislative body, trying to repeal wind tax credits, 60 lobbyists from other countries, Italy, Spain involved, diverged on the capitol, and it took from the nineties, as Governor Keating discussed in the 2018 era when we were trying to repeal these, it was never intended to last as long as it did. And it was always the promise to end many years from now, which never materialized.

Conservatives Block Trump's 'Big, Beautiful Bill' in Committee Vote

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