Trump’s “Big Beautiful Bill,” Musk PAC Feud, Fed Warning, and HHS Reorganization Blocked

• Senate Passes “Big Beautiful Bill” by 1 Vote A sweeping Trump-backed bill passes 51–50 with VP Vance breaking the tie. It includes permanent tax cuts, Medicaid work requirements, massive defense and border spending, and a $5 trillion debt ceiling hike. • Trump Allies Launch Super PAC to Counter Elon Musk A new Trump aligned PAC is targeting Musk’s growing influence in GOP politics, setting up a 2026 midterm clash between two titans of tech and populism. • Fed Chair Powell Warns of More Rate Hikes Inflation’s still hot. Powell says more rate increases are possible. Wall Street slips as the Fed tries to balance rising prices, global trade tension, and tariff fallout. •Judge Blocks Trump’s HHS Overhaul A federal judge halts the administration’s plan to restructure Health and Human Services, citing legal overreach. The agency’s reorganization, and thousands of layoffs, are on pause. Erick Erickson breaks down the four major stories you need to know before the day ends. From political power plays in Washington to breaking developments the mainstream media is ignoring, this rapid-fire update cuts through the noise. Get the podcast on Apple, Spotify, or your favorite app. Stay grounded, stay informed, and keep the faith.