Economic Uncertainty & Business Strategy - The ADP report's divergence from official reports, coupled with a federal hiring freeze and immigration crackdown, creates uncertainty [1] - Private sector CEOs are cautious due to trade deal uncertainties and tariffs, leading to a hold on hiring [1] - Companies are avoiding large layoffs, retaining talent learned from COVID experiences [1] - CEO and consumer confidence fluctuates based on daily news regarding tariffs and trade [1] Impact of Government Policy - The potential failure to pass the bill or extend cuts could lead to a massive tax increase, creating a drag on the economy and potentially causing a recession [1] - The movement of the bill provides some certainty regarding the tax base, cost structure, and business incentives [1] - Resolving tariff issues would provide cost certainty, potentially leading to economic growth as CEOs gain confidence to invest [1][2]