Episode notes
House lawmakers are debating President Trump's tax cut legislation, the centerpiece of his economic agenda, aiming for approval by Thursday. The bill renews the 2017 tax cuts and includes new benefits like eliminating taxes on tips and overtime pay.
A Congressional Budget Office (CBO) analysis reportedly suggests Trump's proposed bill ("One Big Beautiful Bill Act") would be "More Beautiful for Top 10%" of households in terms of changes to household resources compared to the bottom 10%.
Legal Developments: Supreme Court Ruling on Alien Enemies Act, The Court did not rule on whether the government can invoke the AEA itself, but on the due process afforded to detainees.
Elon Musk's Stated Reduction in Political Spending
The Department of Justice settled a $30 million wrongful death lawsuit filed by the family of Ashli Babbitt ...
Keywords
congresseconomicspolitics