Just how strong is this pushback from the Republican Party over the weekend. Yeah. Hey, Jon.Good morning. Well, we know at least two Republicans who are likely no's, and that could serve a problem for Senate Majority Leader John Thune, because he can really only afford to lose one more before he has to call in Vice President J. D.Vance to cast a tie breaking vote. Now, one of them we just heard from that Senator Thom Tillis, a Republican from North Carolina. He's raised concerns about changes to Medicaid, i ...

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, Canada rescinds its digital services tax after the US President abruptly ended trade talks. Mark Carney's government now hopes to agree a trade deal by July 21. Meanwhile a deal to cut US tariffs on UK car ...

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Representative Mike Lawler (R) NY shares his thoughts on tentatively reaching a deal on SALT with his Republican colleagues in the Senate. Elizabeth Wydra, President of the Constitutional Accountability Center, & Rep. Sam Liccardo discuss the US Supreme Court's rulings and the impact of these rulings. PWC National Tax Office Co-Leader Rohit Kumar talks about what to expect from the US Senate as the ...

Senate Republicans’ effort to use President Donald Trump’s massive tax bill to eliminate regulations on short-barreled rifles, short-barreled shotguns and silencers has hit a roadblock with the chamber’s ruleskeeper https://t.co/ypzLxA5R1C ...

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Commerce Secretary Howard Lutnick, (D) New Hampshire, Senate Foreign Relations Committee Ranking Member Sen. Jeanne Shaheen, United Nations Central Command Former Commander, MEI Distinguished Military Fellow Gen. Joseph Votel (Ret.), Former Special Assistant to President Biden Meghan Hays, Seven Letter Partner Annalyse Keller Chapters: 00:02:22 - Trump Pressures Senate's Tax Bill Holdouts 00:10:15 ...

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 ...

Fiscal Policy & Deficit Concerns - The industry emphasizes the importance of avoiding tax increases for Americans [3] - The industry expresses concern that the Senate bill could add up to $1 trillion of additional deficits [5] - The industry believes deficits should go down to combat inflation and lower interest rates [8] - The industry highlights the need for more cost savings to combat inflation and lower interest rates [12] - The industry notes that the House bill assumed 26% economic growth and aimed to be roughly break-even, with a potential $72 billion increase in deficits over a decade [4] Welfare & Work Requirements - The industry advocates for work requirements for those receiving benefits like Medicaid and food stamps [15] - The industry aims to return to the common sense welfare reform of the 1990s [16] - The industry points out that Medicaid benefits are projected to increase by 30% over the next 10 years under the proposed bill [19] - The industry wants to ensure that food stamp dollars are redirected to those who most need them with appropriate eligibility checks [20] Energy Policy - The industry opposes subsidizing inefficient energy that enriches the Chinese [6] - The industry wants to terminate the Green New Deal subsidies [5][8] State and Local Tax Caps - The industry opposes rewarding blue state high tax jurisdictions with a big pop to the state and local tax caps, which could cost another $350 billion [17]

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 ...