Let's bring in GOP Oklahoma Senator Mark Wayne Mullen. Sen Senator, it's good to see you. What's your reaction to this? Inflation under Trump hit just 2.7% in November, lower than expected. That number came out today. The largest monthly decline in like 2, three years. Yes, some gaps in the data, but what do you make of the media hot takes on all this? >> Well, the media is flat wrong. Keep in mind, when Joe Biden came into office in 2022, he inherited an inflation rate at 1.4%. In a year and a half, it was ...

Let's bring in Mark Summerland, Evanflow of Evanflow macro Managing Partner, and Steve Moore, Unleash Prosperity co-founder and former Trump adviser. Uh so gentlemen, remember the day. It wasn't too long ago uh when during the Biden inflationary period, the media was saying everything was great despite the fact that the substantive facts, the the the the data we were getting all showed it wasn't so great.That inflation wasn't just transitory. that that that investment wasn't drying up or was drying up and a ...

Economic Policy and Tariffs - The government is experiencing large monthly deficits that exceed tariff revenue, raising concerns about fiscal sustainability [1][3] - Instead of issuing rebate checks, the government should focus on using tariff revenue to reduce the deficit, which would lower borrowing needs and interest rates, providing real economic relief [4][5] - A tax cut that reduces marginal rates could incentivize work and increase production, leading to lower prices and economic growth [5] Job Market Trends - Claims that blue-collar jobs are plunging for the first time since the pandemic are misleading; manufacturing has been in contraction since early 2023, with ongoing job losses [9][10] - The trend of job losses in blue-collar sectors has persisted for nearly three years, contradicting assertions of a sudden downturn [10][12] - Future job recovery in blue-collar sectors is anticipated due to pro-growth measures in the new tax bill and adjustments in tariff strategies, regardless of Supreme Court decisions [13]

India’s sweeping consumption tax cut drove shoppers to splurge on items from cars to kitchenware during the month-long festival season, boosting the economy that was slammed with a 50% tariff by Trump https://t.co/xh718MZNJj ...

The President posting on Truth Social this evening after reviewing the details of what he calls the unserious and ridiculous demands from Democrats. I've decided that no meeting with their congressional leaders could possibly be productive. Is that the right move right now. Well right now.Well, look, what the Democrats are trying to do is undo everything that we got and did in the big, beautiful bill, you know, the tax cut for working families. And so, no, that's a it's a nonstarter. You know, the Democrats ...

2026 Midterm Elections in Iowa - Winning Iowa is crucial for controlling the House of Representatives [1] - Democrats aim to unseat incumbent Republicans Representatives Marionette Miller Meeks and Zack Nun [2] Trump's Tax and Spending Cut Bill (3.4 Trillion USD) - Candidates are discussing President Trump's 3.4 trillion USD tax and spending cut bill [3] - The bill includes provisions like cuts to taxes on tips and overtime, a boost in child tax credit, and tax breaks for investing in farm equipment [3] - Democrats highlight potential Medicaid cuts leading to rural hospital closures [4] - Democrats argue cuts to wind power subsidies will increase utility bills and harm Iowa's wind industry [4] Iowa's Economy and Trade - Trade, especially soybean exports to China, is a concern for voters [6] - Democrats argue tariffs will lead to higher prices and declining farm exports [7] - Republicans believe Trump will secure trade deals to improve market access for Iowa farmers and tax cuts will boost investment [7]

Political Commentary - The speaker claims some past supporters lost faith due to being "duped by the Democrats" [1] - The speaker criticizes the Democratic party, alleging they "almost destroyed our country" [1] - The speaker asserts Democrats "have nothing to show for what they" [3] Economic Claims - The speaker states that $25 billion has been found, with another $25 billion coming in, and "hundreds of billions of dollars" are pouring into the country [2] - The speaker mentions "the biggest tax cut in history" and "the biggest regulation cuts in history" [2] - The speaker promises "no tax on tips," "no tax on social security," and "no tax on overtime," among other things [2]

Market Overview - The stock market experienced a significant week with major events including the signing of a historic tax cut bill on July 4th and the release of monthly and weekly jobs reports [1][2] - Major indexes closed at weekly highs, reaching levels not seen since late February, with the Dow up 17%, S&P 500 up 20%, Russell 2000 up 21%, and Nasdaq up 27% from April 9th lows [2][4] Trade Policies - The deadline for U.S. trading partners to negotiate new trade policies has been extended from July 9th to August 1st, raising concerns about potential tariffs if no agreement is reached [2][3] - The situation indicates a potentially contentious trade issue, with significant tariffs set to go into effect if negotiations fail [3] Economic Indicators - The Federal Open Market Committee (FOMC) has maintained interest rates at 4.25-4.50% throughout 2025, with no major economic reports expected this week [6] - Upcoming economic reports include the Consumer Price Index (CPI), Producer Price Index (PPI), and monthly Retail Sales figures, which are anticipated to provide insights into economic conditions [7] Earnings Reports - Delta Air Lines is set to report Q2 earnings, marking the unofficial start of the Q2 earnings season, with major banks like JPMorgan, Citigroup, and Wells Fargo reporting the following week [8]

President Donald Trump signed the big bill. He calls it beautiful. The American people don't seem to agree.A bill that is so wildly unpopular, it screws many of the people who voted for Trump. And still, no one could really muster like a good actual affirmative account for it. It's going to cut Medicaid as it cut taxes for the rich. It's going to cut food aid like SNAP.While it throws billions of dollars the immigration, Customs, and Enforcement, it's bad all around. It it repeals all sorts of energy provis ...

These 26 Rich Private Colleges Just Got A Tax Cut From Republicans https://t.co/7jp1JPjrOb ...