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Losing! MAGA budget hits WALL as Senate ref overrules Trump’s deficit-busting bill (Melber report)
MSNBC· 2025-06-27 00:00
President Trump's domestic agenda is now facing a new and major setback. This is on the budget and some of the things that Trump and the MAGA crowd want to ram through the budget, which is despite everything going on obviously in the world, still Donald Trump and the Republican party's greatest priority, getting this done somehow. And yet, as you're going to see in this breaking news, Republican senators are dealing with the setback in real time today.Well, I mean, as you know, it's pretty frustrating, righ ...
Former New Hampshire Gov. Chris Sununu: There's a 'fiscal car crash' coming in about 8-9 years
CNBC Television· 2025-06-17 11:36
Our next guest is here to weigh in on the budget bill talks in Washington, US trade, and much more. Joining us right now is former New Hampshire Governor Chris Cenounu. And Governor, thanks for coming in today. Thanks for having me.All right, we've seen the House version. Now the Senate is out with its version, which is very different. I was going to say they did not leave things alone like the House Speaker had kind of been begging them, don't change this because we have such a thin majority.I'm not going ...
Pethokoukis: President Trump would rather make a mega deal than start a war
CNBC Television· 2025-06-17 11:32
US Fiscal Policy & Tax Cuts - GOP infighting centers on extending Trump tax cuts and specific taxes to cut, including those funding Medicare, impacting rural hospitals [1][2] - A populist wing of the Republican party, less concerned with debt, prioritizes constituents on Medicaid, diverging from traditional GOP entitlement reform views [3] - Senate uses SALT deduction proposal as a negotiating tactic, particularly regarding clean energy subsidies from the Inflation Reduction Act [7][8] - Republicans are divided on phasing out clean energy credits, with some supporting clean energy investment or having related activities in their states [8] - Action is expected on raising the $10,000 SALT deduction and extending various tax credits, which the House bill strictly limits [9] International Relations & US Role - President Trump left the G7 summit early, dismissing peace talks, contrasting with expectations of brokering a ceasefire [10] - Trump prefers deal-making over military action, potentially involving Israel, Iran, and Saudi Arabia [11] - Uncertainty remains regarding trade and the US role in Iran-Israel relations [12]
Most Americans can’t answer basic retirement questions: Survey
Yahoo Finance· 2025-06-13 19:08
Well, moving on, a new report found that the majority of Americans don't know crucial information about their own retirement planning, answering just two out of six retirement related questions correctly. Joining me now is Yahoo Finance senior columnist Carrie Hannon. So, Carrie, why is financial literacy so important, especially when it comes to retirement.Yeah, this is huge, Ally. It's surprising and actually quite shocking that people don't know uh these basic concepts of what's going to determine their ...
Fmr. House Speaker Kevin McCarthy: Timeline for Trump's big bill will be driven by the debt ceiling
CNBC Television· 2025-06-12 11:16
Speaker Mike Johnson says Republicans are on track to pass President uh Trump's tax and spending bill by a July 4th deadline, but the House and Senate are still facing challenges over potential changes to the bill. Join us now, former House Speaker Kevin McCarthy. Uh he's the uh he's the chairman of the Alpha Institute.Walked in here whistling with so I mean he's in such a good mood. It's like he's always happy. Come on.Great to be an American years ago. number and and Becky immediately said, "Well, you're ...