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What’s in Trump’s ‘Big Beautiful Bill’? Tax cuts, safety net cut and military spending
NBC News· 2025-06-30 23:01
To the president, it's gorgeous. We call it a great big beautiful bill because that's what it is. But to Democrats, an ugly betrayal.The bill before the Senate is out of poison. 940 pages that make up the foundation of President Trump's agenda. So what's actually in it.Start with tax cuts. A huge piece of this plan. As written, the bill would make the president's signature 2017 cuts permanent.It's been an amazing experience. The bill would also let people deduct more of their state and local income taxes fo ...
X @The Economist
The Economist· 2025-06-30 15:56
At the moment Ukraine is winning the race against Russia to develop military robots—largely because it has to. While its machines are yet to appear on the battlefield in large numbers, their moment may be near https://t.co/DtxTu9YJSR ...
Carlyle: Military Industrial Complex is a Boon to Productivity
Bloomberg Television· 2025-06-30 13:23
Actually, I don't think it's so much a surprise that it's happening is more like, why did it take so long. And I think a lot of it has to do with higher interest rates, exposing the severity of the imbalances. And from a financial perspective, what we're witnessing right now is an unwind of the capital misallocation going back to 2008 and arguably all the way back to the fall of the Berlin Wall in 1989.And, you know, driving those misallocation one was the the GFC. The United States had the biggest stimulus ...
X @The Wall Street Journal
The Wall Street Journal· 2025-06-30 10:05
Europe’s pledge to boost its military spending will help defuse a trans-Atlantic trade war, because much of the new money will go toward U.S. arms, one of the EU's top two officials said https://t.co/XelOGpycu7 ...
X @Bloomberg
Bloomberg· 2025-06-30 01:22
India’s political leadership didn’t permit strikes on Pakistani military bases at the start of hostilities between the two countries in May, allowing Islamabad to shoot down its fighter jets, according to a military official https://t.co/yi0K5MzlY1📷: Narinder Nanu/AFP via Getty Images ...
X @The Wall Street Journal
The Wall Street Journal· 2025-06-30 01:20
Israeli pilots trained for years and intelligence forces built up networks for its multipart offensive in Iran, which included elements called “Red Wedding” and “Operation Narnia.” https://t.co/LPQpxmMgq9 ...
X @Bloomberg
Bloomberg· 2025-06-30 01:13
India’s political leadership didn’t permit strikes on Pakistani military bases at the start of hostilities between the two countries in May, allowing Islamabad to shoot down its fighter jets, according to a military official https://t.co/sX3Jwa3JE7📷: Narinder Nanu/AFP via Getty Images ...
X @The Wall Street Journal
The Wall Street Journal· 2025-06-30 00:29
Vests used for decades in military-type training are now popular with middle-aged women and other power walkers. What does the research say? https://t.co/NwmXh4oqe2 ...
X @The Economist
The Economist· 2025-06-29 22:45
Europe plans to buy a lot more military kit in the years to come—and wants to make most of it at home. Whether more spending will help its manufacturing sector depends on a number of factors https://t.co/YdETrqfLTl ...
X @Bloomberg
Bloomberg· 2025-06-29 18:54
India’s political leadership didn’t permit strikes on Pakistani military bases at the start of hostilities between the two countries in May, allowing Islamabad to shoot down its fighter jets, a military official said https://t.co/ukWR5XpolH ...