Well, one of the more controversial piece p pieces for businesses in Trump's tax bill is now on the verge of potentially being removed after Treasury Secretary Scott Besson tweeted that he had asked the House and Senate to remove the provision. This, of course, is known as the retaliatory tax. Some people call it the revenge tax 8.99%.Basically, it would say that if other countries put what the US sees as an unfair tax on US companies that the Treasury Department could then put a tax on companies and invest ...

We're just a week away from the White House's uh self-imposed July 4th deadline to pass President Trump's mega bill. But even if it passes the Senate this week, the version they're sending back to the House is getting push back from some Republicans joining us now, Republican Congressman Chip Roy. Uh and you've made some some strong uh cases in the past on how you feel and you feel strongly congressman.Is is the Senate version in from what you know uh a a better do you like it more than than what the House ...

The president posting on Truth Social earlier, "Now that we have made peace abroad, we must finish the job here at home by passing the great big beautiful bill and getting the bill to my desk ASAP." But my next guest warns the conflict in the Middle East could throw a wrench into those plans, especially if some members push for defense spending. Joining me now is Dan Clifton, head of Washington policy research at Strategus. Dan, it's great to see you.I hadn't really thought about, you know, it seems obvious ...

After President Trump’s tax bill pushed mortgage rates higher in late May, momentum has reversed—with monthly payments now notably more affordable. https://t.co/JMSd8s4NON ...

Well, let's just put it this way that we spent last week speaking with members of the Senate, members of the House. I'm doing a dinner uh talk tonight and I think that we're highly confident that we have the votes to get it through the Senate through the House and get it signed by the 4th of July. And highly confident is really based on persontoperson conversations.I know that there's some people that are still holding out for this or for that, but I think the president is highly confident that we're going ...

Senate Republicans has set up a potential fight uh with the uh House following massive changes uh to the president's tax bill. A sticking point in the House raising the state and local tax deduction to $40,000. The Senate uh would like it to remain where it is at $10,000.Joining us now, Republican uh Congressman Nick Loa. Congressman, thanks for uh for joining us this morning. Can you you can make the case for for 40,000. Can you make the case for taking Can you make the case for taking it off completely.Ye ...

Catalyst anchor Brad Smith breaks down the day's market movers for June 17, 2025. Investors eye trade, geopolitics, and the Fed. Brad speaks with several experts about what these issues mean for markets and investors. Senate Republicans have unveiled big changes to President Trump's tax bill with key issues being the SALT tax and medicare. Yahoo Finance's Ben Werschkul breaks down the details. For more Catalysts videos, please visit: About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to- ...

After President Trump’s tax bill pushed mortgage rates higher in late May, the momentum has reversed—with monthly payments now notably more affordable. https://t.co/64mPv4PLMt ...

And with that, let's get to Emily Wilkins in Washington with the latest, Emily, on the Senate version of the bill, what's in it, and how folks are reacting. Hey, Sarah. Well, at this point, the reaction hasn't been all positive.I mean, the Senate version of this multi- trillion tax bill, it just dropped yesterday and it is already in trouble with both House and Senate Republicans raising concerns about some of the provisions. Some like Senator Josh Holly, he's concerned with some of the cuts to Medicaid tha ...

Economists say that President Trump's big, beautiful tax bill comes with a $3 trillion price tag over the next few months. But the White House says the opposite is true. So here to break down the disconnect, we've got Washington correspondent for Yahoo Finance, Ben Worshko.Ben, what have you been able to dig into with the details here. Yeah. Yeah, Brad.So this is a divide that we've seen between the White House and independent economist. Treasury Secretary Besson was on Capitol Hill yesterday and you saw th ...