2025-06-27
12 分钟President Trump continues to drum up support for his so-called Big Beautiful bill,
urging Republicans to fall in line.
Plus, EU-US trade talks go down to the wire as the deadline to make a deal draws closer.
We're talking about potentially lowering some tariff lines,
giving up some non-tariff barriers the U.S. has identified and possibly buying some U.S. products.
And young Americans pull back on spending.
It's Friday, June 27th.
I'm Luke Vargas for The Wall Street Journal.
And here is the AM edition of What's News,
the top headlines and business stories moving your world today.
We begin on Capitol Hill,
where Senate Republicans say they're pushing ahead with plans to vote on President Trump's so-called Big Beautiful bill before next week.
The legislation hit a major roadblock yesterday when Senate parliamentarian Elizabeth McDonough effectively blocked a number of GOP proposals central to it,
including Medicaid cuts,
ruling that they would have too much of a fiscal impact to be passed by a simple majority using a fast-track reconciliation process.
Some Republicans responded by calling for McDonagh's firing,
but current leader John Thune has called that a nuclear option akin to ending filibuster rules.
Undeterred, President Trump,
who has warned lawmakers not to go on a scheduled recess until the bill is passed,
tried drumming up support for the legislation yesterday evening and urged Republicans to fall in line.