boosting the richest by $12,000 a year. Joining us right now is Phil Swagel. He's the director of the Congressional Budget Office.And Phil, let's talk through some of the criticism you've received. Russ Vought said on X that this bill reduces deficits by $1.4% trillion. When you adjust for the CBO's one big gimmick, not using a realistic current policy baseline.Caroline Leavitt said that the CBO assumes long term GDP growth of an anemic 1.8%. And that's absurd. And then you had President Trump himself sayin ...

56% OF VOTERS SAY TRUMP IS LOSING THE BATTLE AGAINST INFLATIONVOTERS FAVOR TRUMP OVER MUSK IN FEUD BUT 52% OF VOTERS THINK THE "BIG BEAUTIFUL BILL" WILL MAKE THE ECONOMY WORSE67% OF VOTERS BELIEVE THE CURRENT LEVEL OF U.S. FEDERAL DEBT IS UNSUSTAINABLE, UP 5 PTS. FROM MAY60% OF VOTERS WANT THE ADMINISTRATION TO SUPPORT ISRAEL EFFORT TO TAKE OUT IRAN'S NUCLEAR WEAPONS PROGRAM; 85% SAY IRAN MUST NOT OBTAIN NUKESNEW YORK and CAMBRIDGE, Mass., June 16, 2025 /PRNewswire/ -- Stagwell (NASDAQ: STGW) today released ...

The federal government has as a core duty the right and responsibility to enforce immigration law and police the borders. That's what the government is. That's what the federal government is really.So if you contest that, it is like a threat to disunion fundamentally. I mean I think there's a lot at stake and we reached this point because a series of paradoxically weak federal governments allowed sanctuary cities to continue literally for decades. Each one its own form of insurrection against the central go ...

Learn why some people believe it was unconstitutional for the government to establish the Federal Reserve Bank and why they believe it should be abolished. https://t.co/WP0maaIuqi ...

12 June 2025 | 9:22AM EDT US Daily: A Slightly Smaller Tariff Effect (Mericle) Jan Hatzius +1(212)902-0394 | jan.hatzius@gs.com Goldman Sachs & Co. LLC Alec Phillips +1(202)637-3746 | alec.phillips@gs.com Goldman Sachs & Co. LLC David Mericle +1(212)357-2619 | david.mericle@gs.com Goldman Sachs & Co. LLC Ronnie Walker +1(917)343-4543 | ronnie.walker@gs.com Goldman Sachs & Co. LLC Manuel Abecasis +1(212)902-8357 | manuel.abecasis@gs.com Goldman Sachs & Co. LLC Elsie Peng +1(212)357-3137 | elsie.peng@gs.com G ...

She shoved an officer. She put hands on her officer. That's unacceptable.These ICE officers and when you when you cause a ruckus like that, then that makes that that that that facility unsecure because officers who should be dealing with the prisoners, very serious prisoner criminals in that facility. They're they're they're dealing with a ruckus outside. DOJ will win that case.I what I saw I think she put hands on an officer. She shoved an officer. She needs she needs to pay the consequences.Quote, she put ...

While mortgage rates hold steady for another week, affordability does rem remain a pain point in the housing market. Our next guest pointing to a mixed picture in leading indicators for demand. That's Jim Egan, Morgan Stanley, US housing strategist and co-head of securitized products research.Jim's here with me in the studio. Thanks for being here. Thank you for having me.So given that we have not seen that much movement on rates and notably not that much relief on rates, do we remain in this sort of stuck ...

[Music] The May consumer price index data showed a modest increase in inflation with CPI rising 0.1% month overmonth below the expected 0.2% with year-over-year headline inflation measured 2.4%. This reading has shifted some of the sentiment regarding interest rates after last week's stronger than expected labor data. The CME Fed Watch tool has increased the probability of a September rate cut from 6040 to 7030 after the release of the CPI data.The May CPI data suggests a cooling but stable inflation enviro ...

It's not at all uncommon for different duration treasury yields to rise and fall at different speeds, creating varied slopes of the yield curve to reflect market conditions. Much more rare is when different duration yields move in entirely opposite directions. Well, in recent weeks, 30-year Treasury yields have risen while shorter term yields have fallen.Pattern last seen in 2001. This shift is driven by a couple interesting factors. First, the Federal Reserve has cut short-term interest rates by 100 basis ...

It's not at all uncommon for different duration treasury yields to rise and fall at different speeds, creating varied slopes of the yield curve to reflect market conditions. Much more rare is when different duration yields move in entirely opposite directions. Well, in recent weeks, 30-year Treasury yields have risen while shorter term yields have fallen.Pattern last seen in 2001. This shift is driven by a couple interesting factors. First, the Federal Reserve has cut short-term interest rates by 100 basis ...