How Trump's Bill Makes It Easier For Rich To Buy A Personal Jethttps://t.co/nKVx6CT7L9 https://t.co/4cTi6FpgIR ...

Legislative Action & Political Dynamics - House Republicans are on the verge of passing President Trump's tax and spending bill after addressing concerns from holdouts [1][4] - The bill is expected to pass and reach President Trump's desk, potentially allowing him to celebrate it on July 4th [5][17] - The sole Republican holdout on the procedural vote was Congressman Brian Fitzpatrick [2] - Elon Musk's opposition to the bill does not appear to have influenced Republican members [11][12] - House Minority Leader Hakeem Jeffries is expected to speak before the final vote, with the vote anticipated around 6:30-7 AM [15][16] Fiscal Implications & Debt - The bill is projected to add $4 trillion to the debt over the next 10 years, according to the Congressional Budget Office [3] - Some holdouts sought reassurances from the White House regarding the enactment of the bill and measures to reduce federal debt [3] - The White House may use a recisions package to claw back some federal funding [7] - The bill addresses the debt limit issue expected in August or September [9] Key Priorities & Content of the Bill - The tax package is being re-extended before the end of the year to prevent tax increases on Americans [9] - The bill includes Republican priorities such as border security and defense [10]

House Republicans overcame a critical procedural hurdle to advance Donald Trump’s massive tax and spending package https://t.co/bY20OvIQpz ...

UK Economic & Political Uncertainty - Keir Starmer's initial reluctance to support Rachel Reeves raises questions about internal party dynamics and potential leadership challenges [1][2] - Speculation suggests a possible change in Chancellor of the Exchequer, potentially impacting market confidence and government stability [3] - The government's backtracking on proposed welfare changes reveals a £5 billion fiscal hole, hindering economic growth and tax cut promises [5] Market Reaction & Fiscal Policy - The UK market faces potential instability, reminiscent of the "Liz Truss" era, with concerns over unfunded tax cuts and bond market reactions [4][6] - Rachel Reeves' credibility with the bond market is crucial; her departure could trigger increased speculation and market volatility [7][8] - The ability to grow the UK economy and avoid tax increases is uncertain, given the government's recent policy setbacks [5][6] Budget & Economic Outlook - The upcoming budget, to be presented by either Rachel Reeves or a new Chancellor, faces significant challenges in achieving economic growth without raising taxes [6] - Failure to pass proposed changes raises concerns about the government's ability to manage the economy and fulfill its promises [5][6] - The UK is in a "waiting period," with close attention on key figures and their potential impact on economic policy [4][5]

And now joining us is Democratic Congresswoman Angie Craig of Minnesota. She serves as the ranking member of the Agriculture Committee. Thanks so much for taking the time.We've talked about all these outside estimates that this bill will add trillions to the national debt, will result in millions of Americans losing healthc care coverage because of those Medicaid cuts. And listen to this. The Ale Budget Lab says if this bill is signed into law, the bottom 20% of earners would see a roughly 3% decrease in in ...

Megan McCarthy. Welcome back to the program, sir. It's good to get your thoughts.I want to lead with the question that Anne-Marie asked a little bit earlier on the program. When you're herding cats on Capitol Hill, is it easier or harder when the president of the United States is Donald Trump. Oh, it's so much easier.President Trump is stronger today than he was at any time in his political career. President Trump is stronger in the House. Remember, just to get this bill out of the House.They all said they ...

BREAKING:Elon Musk has been calling for the end of Subsidies including EV since 2013.Elon Musk (@elonmusk):Yes, am arguing against subsidies and in favor of a tax on the end bad created. Market will then achieve best solution. ...

Wedding Protesters Say Bezos Should Pay More Tax. Here’s How Much He Likely Did Pay https://t.co/hCJ5D0Sb4S https://t.co/hCJ5D0Sb4S ...

Wedding Protesters Say Bezos Should Pay More Tax. Here’s How Much He Likely Did Pay https://t.co/ZmAlPjibQk https://t.co/ZmAlPjibQk ...

💯The Rabbit Hole (@TheRabbitHole84):“The real tax on the American people is what government spends.”— Milton Friedmanhttps://t.co/OPUvi5ElXN ...