Monday, July 7th, 2025 - Trump signs budget bill; ICE gets billions; Musk’s new party;, TX floods kill 79; FEMA pulls grants; Noem’s dark money; Bibi heads to WH

Today’s Headlines: President Trump signed his sweeping budget bill into law. The law eliminates taxes on silencers and some firearms, adds new taxes on remittances, and includes bizarre provisions like $40 million for a MAGA statue garden and Trump-branded savings accounts for babies. It extends Trump’s 2017 tax cuts, slashes Medicaid (projected to leave 12 million uninsured), defunds Planned Parenthood reimbursements, and guts food assistance while ballooning ICE’s budget to over $100 billion. Elon Musk, furious over the bill’s impact on his business, announced a vague new “America Party” as his teen protégé “Big Balls” was hired by the Social Security Administration. Meanwhile, 79 people died in sudden Texas floods, FEMA grant programs are quietly being withdrawn, and Kristi Noem is under scrutiny for accepting undisclosed payments from a nonprofit promoting her political ambitions. On the global stage, Trump’s trade war deadline looms with only 3 of 90 deals finalized, and up to 70% tariffs threatened for non-compliant countries. Proximity talks between Israel and Hamas resume this week in Qatar, as Netanyahu visits the White House following Israel’s rejection of Hamas’s latest ceasefire demands. Resources/Articles mentioned in this episode: NBC News: Trump signs big tax cut and spending bill into law in July Fourth ceremony Axios: An increasing share of American adults are going hungry AP News: Musk to form a new political party after split with Trump over tax cuts law Wired: ‘Big Balls’ Is Now at the Social Security Administration AP News: Death toll in central Texas flash floods rises to 79 as sheriff says 10 campers remain missing ProPublica: States Fear Critical Funding From FEMA May Be Drying Up ProPublica: Kristi Noem Secretly Took Personal Cut of Political Donations Axios: Tariffs return to April rates on August 1 without deals, Bessent says Axios: Israel and Hamas to hold indirect ceasefire talks in Qatar Morning Announcements is produced by Sami Sage and edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices