Trump Tax Bill Stalls in the House | Balance of Power: Early Edition 7/02/2025
Bloomberg Television· 2025-07-03 12:09
Live from Washington, D. C. This is balance of power with Jo Matthew and Kaylee Lyons.Republicans still do not have the votes to pass the president's big, beautiful bill once and for all. Welcome to the Wednesday edition. As the House grinds through a series of procedural votes that should set up a final decision at some point, we just don't know when I'm show matthew alongside Kailey Leinz in washington.We thank you for joining us here. A number of issues, kelly, could potentially slow this process, not th ...
Teeter: The bill’s biggest impact is removing uncertainty and setting the rules
CNBC Television· 2025-07-03 12:06
Are there going to be marketked market implications given what we already know about the big beautiful bill. There certainly will. I think the biggest one will be removing some uncertainty.So I think it's been pretty consensus that the bill would get through. I think that's why you're seeing a little bit of a muted reaction this morning. Um I think most corners will will be breathe a sigh of relief.And the main thing is we set the playing field for the second half of the year. So we'll know what the legisla ...
US House Nears Passage of Trump’s Tax and Spending Bill
Bloomberg Television· 2025-07-03 12:04
The drama down in Washington, D. C. at the moment, working overnight in the House under surveillance this morning.We're getting closer to the finish line. It's been a good day. We're in a good place right now.This is the legislative process. This is exactly how I think the framers intended for it to work. We feel very good about where we are and we're moving forward.So we're going to deliver the big, beautiful bill, the president's America first agenda, and we're going to do right by the American people. Th ...
I Used Google's Veo 3 AI Video Generator to Produce Parts of This Video
CNET· 2025-07-03 12:00
Today I'm going to show you how to use Google's new Veo3 generative AI model for video. That wasn't quite the prompt I wrote, but I'm going to edit my prompt to try again. I'll walk through the interface and try out some weird prompts to see what it generates. Still not exactly what I was asking for, but close. Third times a charm. Subscribe to How to Do It All for more how-to videos. Okay, I give up. Veo 3 is Google's third generation generative AI model for video and includes dialogue, audio, and sound ef ...
The Lawyer Behind Elon Musk, Jay-Z and Megan Thee Stallion | The Circuit
Bloomberg Originals· 2025-07-03 12:00
- Hello. So we are in Miami. We're interviewing a hotshot lawyer today.He represents Elon, Jay-Z, Megan Thee Stallion, Alec Baldwin, and he is sort of part lawyer, part deal maker, part fixer. And this is a guy who asks tough questions for a living. So he interrogates other people, and I'm gonna interrogate him, so hopefully he can take it.- The only thing I'm gonna say is the jury got this right. - What you think of Alex Spiro probably depends on what you think of his clients, some of whom are, let's just ...
Tax breaks for the wealthy are most important: Claire McCaskill reacts to spending bill
MSNBC· 2025-07-03 11:56
got to this point when after an allnight session, the chamber voted 219 to 213 to adopt a rule governing debate on the legislation, opening up discussion and teeing up this final vote on the package. A group of hardline conservatives and moderate Republicans had combined forces earlier in the evening to stall the bill. Speaker Johnson held the vote open for 5 hours as he worked to garner support from those members.Around 1:00 in the morning, President Trump picked up the phone and called those holdouts and ...
Maryland Gov. Wes Moore: Trump's megabill 'makes this country less safe, less healthy & debt-ridden'
CNBC Television· 2025-07-03 11:52
As Republicans work to pass President Trump's mega bill in the House, our next guest has spoken out against it, calling it a quote nightmare for working families. Joining us right now is Democratic governor of Maryland, West Moore in the House at the table. Good morning to you, sir. Good morning.This thing seems like a fa plea. I mean, Hakeim Jeff is speaking. We'll see how long he can keep that going.Uh, but when he stops, it sounds like this is going to happen. Uh, you have been very critical of it. In so ...
Maryland Gov. Wes Moore on NYC mayoral race: The narrative around affordability is right
CNBC Television· 2025-07-03 11:51
Um, we're going to run out of time, but before you go, I have a question for you. Talking about giveaways, um, here in New York City, a place where you also used to live and used to run Robin Hood, a great charity that's done enormous things for this city. What you think of the race, uh, for mayor here between Mamani now and Eric Adams.I think those are really realistically the only two choices on the table. Yeah. You know, it's it's fascinating because I I I have not followed uh the the race as closely or ...
Tax bill will 'sterilize' some of the negative impacts of Trump's tariffs: Strategas' Dan Clifton
CNBC Television· 2025-07-03 11:50
For more reaction to the House vote on President Trump's mega bill, let's bring in Dan Clifton, head of policy research for Strategus Securities. Dan, great to have you with us. Probably a long night for you as well.Are you surprised um at where we are right now. And and sort of give us a bigger picture view of this. How important is this in terms of the passage of this bill ultimately to the Trump agenda for the remaining of his term, which is quite a long time.Well, first, thank you for having me on this ...
UK's Starmer backs Reeves after doubts over chancellor's future #politics
Bloomberg Television· 2025-07-03 11:42
I have every faith in my chancellor. She has made uh incredibly important decisions in the last 12 months and we wouldn't be doing what we're doing today without those important decisions. We work in lock step and will continue to do so for a very uh long time.Um and uh that is a good thing for the government. It's a good thing uh for the country. Thank you. ...