• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Tillis denounces Trump ‘big, beautiful bill’ hours after surprise retirement announcement

by June 30, 2025
written by June 30, 2025

Sen. Thom Tillis, R-N.C., denounced President Donald Trump’s ‘big, beautiful bill,’ just hours after making the surprise announcement that he would not run for a third term in 2026. 

Tillis voted against a motion to proceed with the spending package on Saturday and then announced his retirement on Sunday, citing political polarization and a desire to spend more time with family.

He then took to the Senate floor later Sunday to warn that ‘Republicans are about to make a mistake on healthcare and betraying a promise’ on Medicaid should the package clear the upper chamber. 

‘It is inescapable that this bill in its current form will betray the very promise that Donald J. Trump made in the Oval Office or in the Cabinet room when I was there with finance. He said, ‘We can go after waste, fraud and abuse’ on any programs,’ Tillis said. ‘Now, those amateurs that are advising him, not Dr. Oz, I’m talking about White House healthcare experts, refuse to tell him that those instructions that were to eliminate waste, fraud and abuse, all of a sudden eliminates a government program that’s called the provider tax. We have morphed a legal construct that admittedly has been abused and should be eliminated into waste, fraud and abuse, money laundering. Read the code. Look how long it’s been there.’

‘I’m telling the president that you have been misinformed,’ Tillis said. ‘You supporting the Senate mark will hurt people who are eligible and qualified for Medicaid.’

‘I love the work requirement. I love the other reforms in this bill. They are necessary, and I appreciate the leadership of the House for putting it in there,’ Tillis said. ‘But what we’re doing, because we have a view of an artificial deadline on July 4, that means nothing but another date in time. We could take the time to get this right if we lay down the House mark of the Medicaid bill and fix it.’ 

The two-term senator said he consulted with Republican experts in the state legislature, Democrats loyal to Gov. Josh Stein and an independent body from the hospitals’ association to gain insight on how the provider tax cuts would impact North Carolinians. In the best-case scenario, he said, the findings showed a $26 billion cut in federal support for Medicaid. Tillis said he presented the report to the Administrator of the Centers for Medicare & Medicaid Services, Dr. Mehmet Oz. 

‘After three different attempts for them to discredit our estimates, the day before yesterday they admitted that we were right,’ Tillis said. ‘They can’t find a hole in my estimate.’

‘So what do I tell 663,000 people in two years or three years when President Trump breaks his promise by pushing them off of Medicaid because the funding is not there anymore, guys?’ Tillis said. ‘I think the people in the White House, those advising the president are not telling him that the effect of this bill is to break a promise, and do you know the last time I saw a promise broken around healthcare? With respect to my friends on the other side of the aisle, it’s when somebody said, ‘If you like your healthcare, you could keep it, if you like your doctor, you could keep it.’ We found out that wasn’t true.’ 

In promoting the Affordable Care Act (ACA), also known as Obamacare, from 2009 to 2010, former President Barack Obama repeatedly claimed, ‘If you like your healthcare plan, you can keep it. If you like your doctor, you can keep your doctor.’ Tillis argued that it was the failures of that package that led to him becoming the second Republican Speaker of the North Carolina House since the Civil War and later to his election to the U.S. Senate. 

Trump celebrated Tillis’ retirement announcement and issued a warning to other ‘cost-cutting Republicans.’ 

‘For all cost-cutting Republicans, of which I am one, REMEMBER, you still have to get reelected. Don’t go too crazy!’ Trump wrote Sunday night. ‘We will make it all up, times 10, with GROWTH, more than ever before.’ 

After his Senate speech, Tillis told reporters that he had told Trump that he ‘probably needed to start looking for a replacement.’

‘I told him I want to help him,’ Tillis said, according to Politico. ‘I hope that we get a good candidate that I can help and we can have a successful 2026.’

The senator told reporters Trump is ‘getting a lot of advice from people who have never governed and all they’ve done is written white papers.’ He condemned ‘people from an ivory tower driving him into a box canyon.’

In his retirement announcement, Tillis said that ‘it’s become increasingly evident that leaders who are willing to embrace bipartisanship, compromise, and demonstrate independent thinking are becoming an endangered species.’ 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Interior cancels $14M annual fishing grant cited in Fox report after DOGE highlights Disney ads, salaries
next post
Senators enter marathon vote-a-rama as Trump’s ‘big, beautiful bill’ deadline barrels near

related articles

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

April 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • The price of Ethereum rose to the $3110 level this morning

    July 10, 2024
  • Why is Accenture defying the tech sell off today?

    March 19, 2026
  • Mike Johnson, Marjorie Taylor Greene clash in heated private GOP call over shutdown strategy

    October 28, 2025
  • EPA urged by state AGs to axe funds for ‘radical’ climate project accused of training judges

    August 26, 2025
  • Trump says US would strike again if Iran rebuilds nuclear program

    June 25, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (2,072)
  • Stock (1,017)

Latest Posts

  • Dem governors, AGs vow resistance to incoming Trump administration

    November 9, 2024
  • McDonald’s Snack Wrap is officially making a permanent return

    June 4, 2025
  • Why Anthropic is teaming up with Nvidia, Microsoft on cybersecurity

    April 8, 2026

Recent Posts

  • Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term

    March 19, 2025
  • Supreme Court kills Trump’s ‘Liberation Day’ tariffs — but 4 other laws could resurrect them

    February 20, 2026
  • ‘Lives depend on it’: Republicans push for prompt Trump confirmations in wake of New Orleans attack

    January 2, 2025

Editor’s Pick

  • GOP senator demands DHS immigration chiefs testify after fatal shootings in Minnesota

    January 27, 2026
  • Anonymous GOP senator concerned about Grassley, 91, reclaiming key judiciary committee chair: report

    October 22, 2024
  • Harris likens Trump to Hitler in scathing remarks, says he wants same military loyalty as German dictator

    October 24, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock