The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Uh, well, it's going it's going to going to pass and my expectation is that we'll get a vote around 130 today. Got it.You have said that this isn't ...

The so-called big beautiful bill facing a final house approval vote in the coming hours. Joining us now is Treasury Secretary Scott Bessant. Mr.. Secretary, thank you so much for joining us. We're we're going on more than six hours now where Minority Leader Jeff is speaking. What What are you hearing.What's your expectation for when and whether this could pass. Well, it's going it's going to going to pass and my expectation is that we'll get a vote around 1:30 today. Got it.You have said that this isn't a d ...

Our next guest is Republican House member uh who opposed President Trump's big bill as of late yesterday, but overnight he voted to move forward with the bill. Joining us right now is Congressman Ralph Norman, Republican of South Carolina. You were outspoken uh on the other side of this bill, sir.And here we are this morning. What has changed. Well, we we had a lot of problems with uh the Senate changing our bill up, mainly adding to the deficit to the tune of with interest right at 100 $1.2% trillion.We we ...

And my next guest says the slide isn't over yet. Marco Pipe is chief strategist at BCA research. Marco been eager to check in with you with everything that's happened geopolitically and otherwise the past couple of weeks. But let's start with some of these market moves the long end not look you know treasuries obviously the UK we I don't know if you want to get into that those bond rates moving higher um with some concern about the budget bill. How would you describe the signals that were um being sent here ...

Uh what can you tell us. What have we learned so far. Hey Kelly.Well, things are not looking great at this exact moment. So basically what house uh the House is doing right now is they are doing a vote. This is a three vote series that will ultimately tee up the the the process that will need be needed to then actually pass the Trump mega bill.So it's the vote before the vote. And what we're seeing right now is that there is a delay on the House floor at this point. 16 Republicans have not yet registered to ...

Legislation & Policy - The Senate passed a bill with a 51-50 vote, using budget reconciliation to bypass the 60-vote threshold [1] - Budget reconciliation requires the bill not to increase the deficit outside a 10-year window [1] - The bill extends tax cuts from 2017, which previously expired to comply with the 10-year window [2] - Concerns arise as the bill cuts taxes more than it cuts spending, potentially violating budget reconciliation rules [2] Financial Implications & Accounting - The bill's math relies on a 2025 baseline, when 2017 tax cuts are still in effect [3] - Republicans claim the bill will reduce the deficit by $57 billion over 10 years through tax cuts and Medicaid reforms [3] - Critics argue that the bill uses "fake math and accounting gimmicks" to conceal its true cost [4]

Important point — Dogecoin Deficit: 0 forever.. never tethered.REDWRITER (@The_REDWRITER):America's deficit increase is bad for the dollar, and by extension, beneficial for Dogecoin.Dogecoin has no debt. Dogecoin's minting (printing) is fixed and not infinite. Dogecoin isn't backed by a single state or entity. It belongs to everyone and anyone. ...

From @WSJopinion: There is much in the GOP bill that deserves criticism, but the $3.3 trillion deficit critique is phony—like Beltway accounting https://t.co/PXM0sBKaMm ...

talk all about this and very much more with me pand JP Morgan global market strategist mirror great to have you with us um very good morning to you snapshot I guess for me why don't we start there on the international pitches obviously US markets record highs bounce back very strongly but outperformed by a number of international markets has that changed the sort of perspective your clients have on on those markets or very much still focused on the US there is still a huge home bias towards US stocks but it ...

RT Mario Nawfal (@MarioNawfal)🇺🇸 SEN. RAND PAUL: CONSERVATIVE? NOT WITH A $5T DEBT CEILING"We have to judge the effects of the big, not-so-beautiful bill by looking at what happens to the debt next year.Supporters of the bill admit it adds $270 billion to the debt next year.That's the only thing we know for certain.We don't know what happens in year 3, 4, 5, 6... but we know next year, this bill will grow the deficit by $270 billion.In addition, the bill increases the debt ceiling by $5 trillion.What does t ...