The Senate is now considering President Trump's one big beautiful bill. The legislation passed a key procedural hurdle late on Saturday night. The A's are 51, the nays are 49.The motion is agreed to. It's a 940 page piece of tax and spending legislation that came out Friday and now they're trying to go through this process of making some final changes, some final amendments. As the Senate Republicans are trying to figure this out, they're dealing with the splits in their own group over things like Medicaid, ...

Let me delve into some of the broader opposition though that we're seeing in the most recent polling in the bill. 59% of voters say they oppose it. And Elon Musk post posted yesterday that the bill is quote political suicide for the Republican party.Do you think this legislation could cost Republicans in the midterm, Senator. No. Well, let's unpack some of the stuff you said.What the CBO was talking about was actual uh bring home pay. When you start talking about the child deduction u uh um or the child ded ...

This Sunday, decision time. The Supreme Court imposes limits on the power of federal judges, handing more power to the White House. It only takes bad power away from judges as Senate Republicans rush to get President Trump's massive tax and spending bill to his desk before the July 4th deadline.Call your senators. Call your congressmen. We have to get the vote up.At the end of the day, this is a um a process whereby um not everybody's going to get what they want. What programs will be funded and which will ...

RT Vonn (@itsthewealth4me)Trump’s “Big, Beautiful Bill” would:– Extend 2017 tax cuts– End federal tax on tips/overtime– Add a $1K newborn savings bonus– Boost defense ($150B) & immigration enforcement ($70–350B)– Cut Medicaid/SNAP (10M+ lose coverage)– End birthright citizenship– $2.4T+ to deficit ...

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 ...

The Congressional Budget Office, known in your hood as the CBO, estimated that the GOP's tax bill will increase the deficit by $2.4% trillion over the next 10 years. University of Pennsylvania's Wharton budget model estimates that estimates that it could increase by as much as $4.3% trillion with the Senate and House hoping to have a finished version of the tax bill ready by July 4th. This could be the next big piece of economic data.I want to bring in Brett Ryan, Deutschbank's senior US economist. And stil ...

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]

All right. So, just to for just for fairness, you didn't take the the survey. You're not one of these survey respondents.So, we're kind of getting a live read from you. Um, I want to go to tariffs. So, we again 41% said tariffs will directly impact their cost.For when it comes to your company, again, pet and animal medicine. Um, how are tariffs impacting your business. Look, as a global company, tariffs remain dynamic and we continue to watch it.But we have a global base. uh while about 50% of our business ...

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]

Well, the um architects of that bill and President Trump want to see the uh 2017 uh TCJA tax cuts continue. And while they've um penciled in some tax cuts on tips and overtime um essentially the the um great bulk of the benefits go to the highest income people and then the cuts that they've specified to Medicaid, those affecting the Affordable Care Act coverage, uh the earned income tax credit, credit snap. Uh they all hurt the most vulnerable lowincome households highest.And then when you come back to the ...