in Congress. A retired brigadier general in the Air Force, Bacon was first elected to the House in 2016, the same cycle as Donald Trump's first presidential election. In the decades since, Bacon's become known as one of the few Republicans who's been unafraid to speak his mind based on his principles, his beliefs, and what he thinks is best for his constituents, even if that doesn't sit well with his party.Announcing his retirement, Bacon told the New York Times, quote, "I'd like to fight for the soul of ou ...

RT Ray Dalio (@RayDalio)After spending time in Washington, DC discussing the budget deficit with senior people on both sides of the aisle, it’s clear to me that we are unlikely to change the debt trajectory we’re on and avoid the painful consequences.While virtually everyone agrees on the need to address our debt problem in a balanced way that includes tax increases and cuts to benefits, they also agree that they cannot speak up because politics have become absolutist.We must find a solution around absoluti ...

🇺🇸 NOW: President Trump says failure to pass the One Big Beautiful Bill will result in a "whopping 68% Tax increase, the largest in history." https://t.co/l6iX44BlHh ...

Von, what's the mood in the White House right now. And is the president confident that this bill is going to not only get through the Senate and subsequently the House, but onto his desk this week. Right.His current posture, Alex, is that he is quote proud of the Republican party up on Capitol Hill for at least preliminarily pushing this bill forward ultimately to get to this final vote before the Senate here. But as Sahil just laid out, the president is in a very precarious situation and I think it is nota ...

It's very important. If we don't have it, there's a 68% tax increase. If we don't have it, you know, the debt ceiling extension is very important.They gave a debt ceiling. The Republicans gave a debt ceiling because of the importance of doing it. They did that for the good of the country and Republicans voted for that.[Music] We're cutting 1.7%. Let's see. We're cutting Yeah.1.7% trillion. Think of it. I think I just saw the number a little while ago.$1.7% trillion. But we can grow our country so much more ...

President Trump and his team making one final push to get the president's tax bill across the finish line by next week. Michael Falcon there is uh the deputy treasury secretary and uh Mr. . Secretary it's good to see you from watching from where we are.It just seems like there's you know so many we're going to have Ran Paul on for example there's so many different constituencies you know single person constituencies on both of we just had Michael on as well. Are you confident that when push comes to shove t ...

Omega Family Office chairman and CEO Leon Cooperman on Monday said that tariffs are "nothing more than a tax increase" and that it would just be simpler to raise taxes on corporations. ...