Here’s What The Senate Budget And Tax Bill Means For Colleges https://t.co/zWX7DsuB39 https://t.co/zWX7DsuB39 ...

RT Yash Roy (@yashroy87)Gamblers are sounding the alarm on a revision to the tax code in the Senate’s version of Trump’s tax bill which could cost them even if they lose money. @business w/@StevenTDennis https://t.co/hm9WBB4zGD ...

Here’s What The Senate Budget And Tax Bill Means For Colleges https://t.co/QDuSWDoLVo https://t.co/eeazQB62Pz ...

From @WSJopinion: The tax bill had to pass to avoid a $4.5 trillion tax hike next year when the 2017 reforms expire, but as a reform of the post-Covid welfare state it is a disappointment https://t.co/QUd0CXrAH6 ...

Legislation Overview - The legislation empowers families by allowing them to keep more of their money, providing school choice, securing the border, and requiring able-bodied individuals in the welfare system to work [2] - The speaker believes that if each item in the bill were voted on separately, it would pass [8][9] - The speaker emphasizes the importance of passing the bill to maintain momentum, citing successes in border security, operations in Iran, and increased NATO defense spending [5] Political Strategy & Challenges - The speaker acknowledges Democratic opposition and concerns from some Republicans regarding the bill's impact on Medicaid [3] - The speaker suggests focusing on the positive aspects of the bill and what it delivers to constituents [7][8] - The speaker highlights the narrow majority in both the House and Senate, making it crucial to pass the legislation now [6] - The speaker points out that the bill aligns with what the voters were promised [11]

Medicaid Reform & Political Landscape - The potential passage of a rule concerning Medicaid is uncertain, with failure to pass potentially halting progress on related issues [1][2] - The House and Senate have differing approaches to Medicaid reform, particularly regarding waste, fraud, and abuse, requiring reconciliation [6] - Correcting expanded Medicaid roles implemented by the Biden administration is a key objective, aiming to reform the system for those truly deserving [7][8] - Political considerations and a limited timeframe necessitate prompt action on Medicaid reform [10] Waste, Fraud, and Abuse in Medicaid - Significant waste, fraud, and abuse exist within the Medicaid system at individual and hospital levels [11][12] - High CEO compensation in hospital systems primarily funded by taxpayer dollars is a concern [12][13] - Addressing abuses in the Medicaid system presents a "once-in-a-lifetime" opportunity for reform [13] Societal Issues & Medicaid Burden - In North Carolina, 52% of births are to mothers on Medicaid, highlighting a societal issue contributing to the Medicaid burden [14] - Systemic societal issues, such as young individuals having children and relying on Medicaid, strain the system's financial responsibility [15] State & Federal Responsibilities - States should bear more responsibility for issues currently funded by the federal government through Medicaid [5][24] - The federal government should not be bankrupted by issues that states should be addressing [24] Potential Senate Run - There is consideration for a potential run for Senate in North Carolina, driven by the need to maintain a Republican seat [25][27]

Market & Economic Outlook - President Trump's tax bill faces challenges in the House after a narrow Senate passage, potentially delaying the president's deadline [1] - Unexpected decline in private payrolls reported by ADP in June raises concerns about the economy's strength and consumer confidence [1] - Wall Street Journal's Nick Timiraos discusses the outlook for potential Federal Reserve rate cuts in light of the weak ADP report [1] Resources & Information - Yahoo Finance provides free stock ticker data, news, and portfolio management resources [1] - Yahoo Finance app available on Apple (https://apple.co/3Rten0R) and Android (https://bit.ly/3t8UnXO) [1] - Stay updated with Yahoo Finance on social media platforms like X, Instagram, TikTok, Facebook, and LinkedIn [1]

Traders Closely Watch Tax Bill and Jobs Data - Bloomberg Surveillance https://t.co/gnRCtYi3Bi ...

Here’s What The Senate Budget And Tax Bill Means For Colleges https://t.co/XKpeOTRMlP https://t.co/QsD71qK8iX ...

DANI: HERE IS WHAT YOU NEED TO KNOW. THE PRESIDENT TRUMP'S TAX BILL FACES REPUBLICAN RESISTANCE WITH A VOTE SCHEDULED TODAY. NO DELAY THE PRESIDENT SELECT -- STICKS TO HIS JULY 9 TARIFF DEADLINE THREATENING JAPAN WITH LEVEES UP TO 35% AND THE BIGGEST BANKS ON WALL STREET BOOST THEIR DIVIDENDS AFTER PASSING DEFENSE STRESS TESTS.MOMENTUM STARTS TO WANE. ALL-TIME HIGHS AND THEN WE FELL YESTERDAY. A BIG ROTATION INTO VALUE STOCKS THAT CONTINUES INTO THE FUTURE SESSION THIS MORNING.S&P HIGHER BY ABOUT 1/10. RUSS ...