Podcasts about Congressional Budget Office

President Trump's tariffs will lower deficits by an estimated $4 trillion, per a Congressional Budget Office projection released last Friday. While consumer confidence has dipped, the President has assured that the nation's economic tide is turning, as companies both foreign and domestic expand inside the U.S. Former member of the National Security Council during Trump's first term and Senior Fellow at the Atlantic Council Alexander Gray joins to explain the benefits of the Trump administration's “Liberation Day” tariffs as well as weighing in on President Trump's push to end the Russia-Ukraine conflict. Juvenile crime has become a growing concern across the country, with communities struggling to strike a balance between accountability and rehabilitation. From curfews to new ordinances, officials are looking for methods to rein in disruptive and sometimes violent criminal behavior and get kids back on track. University of Miami sociology professor and former director at the Federal Bureau of Justice Statistics, Alex Piquero, joins the Rundown to break down the trends and if juvenile crime really is on the rise in America. Plus, commentary from Co-Chair of the Republican National Committee Youth Council, CJ Pearson. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

President Trump's tariffs will lower deficits by an estimated $4 trillion, per a Congressional Budget Office projection released last Friday. While consumer confidence has dipped, the President has assured that the nation's economic tide is turning, as companies both foreign and domestic expand inside the U.S. Former member of the National Security Council during Trump's first term and Senior Fellow at the Atlantic Council Alexander Gray joins to explain the benefits of the Trump administration's “Liberation Day” tariffs as well as weighing in on President Trump's push to end the Russia-Ukraine conflict. Juvenile crime has become a growing concern across the country, with communities struggling to strike a balance between accountability and rehabilitation. From curfews to new ordinances, officials are looking for methods to rein in disruptive and sometimes violent criminal behavior and get kids back on track. University of Miami sociology professor and former director at the Federal Bureau of Justice Statistics, Alex Piquero, joins the Rundown to break down the trends and if juvenile crime really is on the rise in America. Plus, commentary from Co-Chair of the Republican National Committee Youth Council, CJ Pearson. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rural Health News is a weekly segment of Rural Health Today, a podcast by Hillsdale Hospital. News sources for this episode: Phillip L. Swagel, Director, “CBO's Estimate of the Statutory Pay-As-You-Go Effects of Public Law 119-21,” August 15, 2025, https://www.cbo.gov/system/files/2025-08/61659-SPAYGO.pdf, Congressional Budget Office. Bill Heniff Jr., “Budget Enforcement Procedures: The Senate Pay-As-You-Go (PAYGO) Rule,” January 9, 2023, https://www.congress.gov/crs-product/RL31943, Congress.gov. Madeline Ashley, “CBO report warns of nearly $500B in potential Medicare cuts,” August 18, 2025, https://www.beckershospitalreview.com/finance/cbo-report-warns-of-nearly-500b-in-potential-medicare-cuts/, Becker's Hospital Review. Alex Kacik, “Looming uninsured surge may overwhelm ERs. Here's who can help.” August 18, 2025, https://www.modernhealthcare.com/providers/mh-medicaid-cuts-er-overcrowdfng-kaiser-permanente/, Modern Healthcare. Michigan Center for Rural Health, “Michigan Center for Rural Health Releases Rural Health Equity Plan Focused on Advancing Equity in Rural Michigan,” August 18, 2025, https://mcrh.msu.edu/News-and-Events/News/2025/08/RHEP-2025. Rural Health Today is a production of Hillsdale Hospital in Hillsdale, Michigan and a member of the Health Podcast Network. Our host is JJ Hodshire, our producer is Kyrsten Newlon, and our audio engineer is Kenji Ulmer. Special thanks to our special guests for sharing their expertise on the show, and also to the Hillsdale Hospital marketing team. If you want to submit a question for us to answer on the podcast or learn more about Rural Health Today, visit ruralhealthtoday.com.

Economist Christian Briggs joins NTD News to analyze the Congressional Budget Office's new forecast showing President Trump's tariffs could slash the federal deficit by $4 trillion over the next decade. Briggs explains why tariff revenues are outpacing expectations, how upcoming Supreme Court challenges could affect their longevity, and why wage growth will be the ultimate test of success. He breaks down the timing of revenue inflows, the potential inflationary trade-offs, and how manufacturing jobs with six-figure salaries may expand the tax base and fuel GDP growth. A forward-looking conversation on whether tariffs can truly rebalance America's fiscal path.

Texas's redistricting plan passed the Republican-majority Senate and is headed to the governor's desk. This could mean big wins for the GOP in Congress—and a challenge for Democrats.Court documents say the Salvadoran man at the center of a high-profile U.S. immigration case now faces deportation to a country in Africa. We discuss the latest in the Abrego Garcia case.The Congressional Budget Office says President Donald Trump's tariffs will reduce the federal deficit by around $4 trillion over the next decade. We'll have an economist break it down.

On this week's Defense & Aerospace Report Business Roundtable, sponsored by Bell, Dr. “Rocket” Ron Epstein of Bank of America Securities, and Richard Aboulafia of the AeroDynamic advisory consultancy join host Vago Muradian to discuss another record week on Wall Street as Federal Reserve Chairman Jerome Powell says an interest rate cut might be needed as the jobs market slows in the wake of the Trump administration's economic policies; President Trump continues his battle against the Fed demanding that governor Lisa Cook resign, driving the dollar down and gold up; Canada's drops 25 percent reciprocal tariffs on US goods to curry favor with Washington that continues to impose high trades taxes on its northern neighbor; the EU signs a tariff deal with Washington as former European Central Bank President Mario Draghi argues the capitulation marks the end of the EU's vision of itself as a global power; Switzerland's decision to reconsider its acquisition of F-35 Lightning II fighter aircraft in the wake of 39 percent US tariffs; the Congressional Budget Office's conclusion that higher trade taxes could cut the national debt by $4 trillion over the coming decade; the administration's 10 percent ownership stake in Intel and a cut of profits from Nvidia's AI chip sales to China; the Pentagon's decision to revamp how it creates requirements and oversees programs to accelerate the fielding of needed joint force capabilities even as some worry this might vest the ability to create requirements with industry; Britain's air defense missile order from MBDA; striking Boeing St Louis machinists remain decision to resume negotiations on Monday.

Guest: Patrick Tucker, Defense One science and technology editor.  Read Tucker's recent reporting on the topic below:  Related reading: “New Golden Dome details emerge from industry day,” Tucker reported on August 14;  "Pete Hegseth Doesn't Want to Talk About Golden Dome," former Naval War College professor Tom Nichols wrote for The Atlantic on August 8; “Lockheed Martin aims to test a missile-killing satellite by 2028,” also via Tucker, reporting August 5; "Effects of Lower Launch Costs on Previous Estimates for Space-Based, Boost-Phase Missile Defense," May 5, via the Congressional Budget Office with an estimated total price tag for Golden Dome somewhere between $831 billion to $542 billion;  See also, "Trump wants a Golden Dome over America. Here's what it would take," via NPR's Geoff Brumfiel, reporting April 22.   Watch the futuristic, satirical news clips from 1987's "Robocop," via YouTube, here.  And you can find a trailer for the 1985 film, "Real Genius," also via YouTube, here. 

Thursday, August 14th, 2025Today, it appears that Russia is responsible for the hack of the federal court system; the US deficit has increased to $291B despite Trump's tariff promises; immigration agents on Monday detained a disabled 15-year-old student at gunpoint outside a Los Angeles high school; the bench trial in the case brought by Gavin Newsom alleging the Trump administration has violated the Posse Comitatus Act has ended and Judge Breyer should issue a ruling soon; the president says he will ask Congress for a long term extension of the federal occupation of the District of Columbia; Gavin Newsom will give a press conference today at 1130 AM Pacific Time regarding redistricting; the Congressional Budget Office is out with a score on the Billionaire Bailout Bill and it's just as we suspected; Ghislaine Maxwell's lawyer called my reporting a rumor on twitter, and i have a response; and Allison and Dana read your Good News.Thank You, Daily LookFor 50% off your first order, head to DailyLook.com and use code DAILYBEANS.  Thank You, Fast Growing TreesGet 15% off your first purchase. FastGrowingTrees.com/dailybeans. Community Support Sign-up - UTLAStoriesLive updates: Trump says he will request a 'long-term extension' of D.C. police takeover | NBC NewsTrump's tax law will mostly benefit the rich, while leaving poorer Americans with less, CBO says | NBC NewsUS deficit grows to $291 billion in July despite tariff revenue surge | ReutersAgents detain student at gunpoint near school; safe zones to be expanded around LAUSD campuses | Los Angeles TimesCommunity Support Sign-up - UTLATrump Administration Can Withhold Billions in Foreign Aid, Appeals Court Rules | The New York TimesGood Trouble Today's good trouble comes from Isaiah Martin, candidate for congress in Texas' 18th district. “Texas Republicans have now set up a TIP LINE to rat out the Texas Democrats. So PLEASE, for the sake of the public, DO NOT FLOOD THIS NUMBER with tips on Bigfoot sightings, UFO sightings, or asking why Trump is on "the list" 1-866-786-5972Texas House speaker creates 'tip line' to narc on missing Democrats - Raw StoryFrom The Good NewsIn this episode of Glad You Asked, Deputy Secretary Dr. Paul R. Lawrence is joined by DHS Deputy Secretary Troy Edgar to discuss career... - VA FacebookWeatherly Heights Baptist ChurchReminder - you can see the pod pics if you become a Patron. The good news pics are at the bottom of the show notes of each Patreon episode! That's just one of the perks of subscribing! patreon.com/muellershewrote Our Donation LinksNational Security Counselors - DonateMSW Media, Blue Wave California Victory Fund | ActBlueWhistleblowerAid.org/beans Federal workers - feel free to email AG at fedoath@pm.me and let me know what you're going to do, or just vent. I'm always here to listen. Find Upcoming Actions 50501 Movement, No Kings.org, Indivisible.orgDr. Allison Gill - Substack, BlueSky , TikTok, IG, TwitterDana Goldberg - BlueSky, Twitter, IG, facebook, danagoldberg.comCheck out more from MSW Media - Shows - MSW Media, Cleanup On Aisle 45 pod, The Breakdown | SubstackShare your Good News or Good TroubleMSW Good News and Good TroubleHave some good news; a confession; or a correction to share?Good News & Confessions - The Daily Beanshttps://www.dailybeanspod.com/confessional/ Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:The Daily Beans on Apple PodcastsWant to support the show and get it ad-free and early?The Daily Beans | SupercastThe Daily Beans & Mueller, She Wrote | PatreonThe Daily Beans | Apple Podcasts

New economic data from the Congressional Budget Office analyzing Trump-enomics put a lie to Trump's “all new numbers” that showed a phony $2,000 increase in household income under Trump. In reality, the poorest 10 percent just got poorer any 1200 a year, including a loss in federal benefits, and the rich got richer by an eye popping $13,600 per household. Michael Popok takes a close look at Trump's lies to the American People about his failed economy. Head to https://ProlonLife.com/LEGALAF to get 15% off their 5-day nutrition program. Visit https://meidasplus.com for more! Learn more about your ad choices. Visit megaphone.fm/adchoices

About our guest:Steven Gaffney is a leading expert on increasing business profit through change  management, honest communication, and high performing teams. An author, speaker, and trusted advisor, Steven works directly with top leaders from Fortune 500 companies like Amazon, Marriott, Allstate Insurance, and even the U.S. government and military. Steven has authored four ground-breaking books: Just Be Honest: Authentic Communication Strategies that Get Results and Last a Lifetime, Honesty Works! Real-World Solutions to Common Problems at Work and Home, Be A Change Champion, and co-author of Honesty Sells: How to Make More Money and Increase Business Profits. He is currently working on two books: Reboot: How to Create and Sustain High Performing Teams, and The 9 Pillars of Sustainable Profitable Business Growth. His latest release, Unconditional Power, is available everywhere.Steven helps leaders across many industries.  Some of his clients include: Amazon, Marriott, Lockheed Martin, Raytheon, SAIC, Allstate  Insurance, BP, World Bank, Congressional Budget Office, Department of Homeland Security, U.S. Department of the Navy, Citigroup, Texas Instruments, NASA,American Cancer Society, Structural, Ornamental and Reinforcing Iron Workers,  Best Buy, and Johns Hopkins University. Thank you for listening to "Can You Hear Me?". If you enjoyed our show, please consider subscribing and leaving a review on your favorite podcast platform.Stay connected with us:Follow us on LinkedIn!Follow our co-host Eileen Rochford on Linkedin!Follow our co-host Rob Johnson on Linkedin!

Tonight on The Last Word: A federal judge rejects the Justice Department's request to unseal grand jury transcripts in Ghislaine Maxwell's case. And the Congressional Budget Office reports Donald Trump's tax law boosts income for the rich while leaving the poorest Americans with less. Rep. Daniel Goldman, Andrew Weissmann, and Rep. Brendan Boyle join Lawrence O'Donnell.

The Congressional Budget Office says President Donald Trump's One Big Beautiful Bill Act will increase household income overall between 2026 and 2034 — but with the largest gains going to the wealthiest Americans. Low-income households will face losses due to cuts in Medicaid and SNAP. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices

The nonpartisan Congressional Budget Office says President Donald Trump's tax and spending law delivers the biggest benefits to the wealthiest Americans while cutting programs that help the poorest. Millions could lose food assistance and health coverage under the changes. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Learn more about your ad choices. Visit megaphone.fm/adchoices

Rural Health News is a weekly segment of Rural Health Today, a podcast by Hillsdale Hospital. News sources for this episode: Naomi Diaz, “Senators warn Medicaid cuts could worsen cyber risks at rural hospitals,” July 22, 2025, https://www.beckershospitalreview.com/healthcare-information-technology/cybersecurity/senators-warn-medicaid-cuts-could-worsen-cyber-risks-at-rural-hospitals/, Becker's Hospital Review. Allen R. Killworth, “HISAA: New Legislation Would Bring Cybersecurity Requirements for HIPAA Covered Entities and Business Associates,” November 11, 2024, https://www.healthlawadvisor.com/hisaa-new-federal-legislation-introduced-that-would-create-significant-new-cybersecurity-requirements-for-hipaa-covered-entities-and-business-associates, Epstein Becker Green's Health Law Advisor. United States Senate Committee on Finance, “Wyden and Warner Introduce Bill to Set Strong Cybersecurity Standards for American Health Care System,” September 26, 2024, https://www.finance.senate.gov/chairmans-news/wyden-and-warner-introduce-bill-to-set-strong-cybersecurity-standards-for-american-health-care-system. Congressional Budget Office, “Estimated Budgetary Effects of Public Law 119-21, to Provide for Reconciliation Pursuant to Title II of H. Con. Res. 14, Relative to CBO's January 2025 Baseline,” https://www.cbo.gov/publication/61570. Madeline Ashley, “'One Big Beautiful Bill' to add $3.4 trillion in dept: CBO,” July 21, 2025, https://www.beckershospitalreview.com/hospital-management-administration/one-big-beautiful-bill-to-add-3-4t-in-debt-cbo/, Becker's Hospital Review. Alan Condon, “CMS plans hiring spree ahead of new payment models,” July 22, 2025, https://www.beckershospitalreview.com/finance/cms-plans-hiring-spree-after-mass-layoffs/, Becker's Hospital Review. Hayley DeSilva, “Layoffs, closures tracker: Children's National cuts 70 employees,” July 22, 2025, https://www.modernhealthcare.com/providers/staffing/mh-layoffs-closures-healthcare-live-updates/, Modern Healthcare. Leighton Ku et. al, “How Medicaid and SNAP Cutbacks in the ‘One Big Beautiful Bill' Would Trigger Big and Bigger Job Losses Across States,” June 23, 2025, https://www.commonwealthfund.org/publications/issue-briefs/2025/jun/how-medicaid-snap-cutbacks-one-big-beautiful-bill-trigger-job-losses-states, The Commonwealth Fund. Jocelyn Routt, “Kaine introduces Improving Care in Rural America Reauthorization Act,” July 22, 2024, https://rocktownnow.com/news/218812-kaine-introduces-improving-care-in-rural-america-reauthorization-act/, Rocktown Now. Congress.gov “Text - H.R.2493 - 119th Congress (2025-2026): Improving Care in Rural America Reauthorization Act of 2025,” https://www.congress.gov/bill/119th-congress/house-bill/2493/text. Rural Health Today is a production of Hillsdale Hospital in Hillsdale, Michigan and a member of the Health Podcast Network. Our host is JJ Hodshire, our producer is Kyrsten Newlon, and our audio engineer is Kenji Ulmer. Special thanks to our special guests for sharing their expertise on the show, and also to the Hillsdale Hospital marketing team. If you want to submit a question for us to answer on the podcast or learn more about Rural Health Today, visit ruralhealthtoday.com. Follow Rural Health Today on social media! ⁠⁠⁠⁠⁠⁠⁠⁠https://x.com/RuralHealthPod⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@ruralhealthtoday7665⁠⁠⁠⁠⁠⁠⁠⁠  Follow Hillsdale Hospital on social media! ⁠⁠⁠⁠⁠⁠⁠⁠https://www.facebook.com/hillsdalehospital/⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠https://www.twitter.com/hillsdalehosp/⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/hillsdale-community-health-center/⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/hillsdalehospital/⁠⁠⁠⁠⁠⁠⁠⁠ 

Send us a textPolitics has devolved into theater, and nowhere is this more evident than in the calculated spectacle of recent ICE raids in sanctuary cities. These aren't about establishing order—they're about creating fear and asserting narrative dominance. When 1,000 agents descend overnight, the message isn't about immigration policy but about power: who wields it and who suffers under it.Meanwhile, our economy presents a troubling paradox. Wall Street celebrates record highs while Main Street struggles with falling wages and maxed-out credit. The market rally floats on speculation, AI hype cycles, and sugar-coated interest rate forecasts—a Jenga tower held together by vibes rather than fundamentals. When the Congressional Budget Office projects a $3.4 trillion increase in national debt from proposed tax cuts alongside slashes to social programs, we're witnessing ideology masquerading as fiscal responsibility.Beyond our borders, global crises multiply with frightening speed. From Gaza to Ukraine, from climate disasters to sectarian violence, the planet shows symptoms of systemic collapse while international institutions issue empty statements. Those suffering most have the least power to effect change, creating a dangerous feedback loop of disillusionment.Perhaps most concerning is what we're calling a legitimacy collapse. While democratic institutions technically function, public trust and engagement continue to erode. Voters participate but policies remain static; protests erupt but laws don't change. This performance art for lobbyists threatens not just current governance but the very concept of democratic participation.The recent controversies surrounding both the Epstein files and Hunter Biden's explosive interview reveal how political dynasties weaponize vulnerability, turning personal trauma into strategic shields against accountability. When empathy becomes a tool to deflect legitimate scrutiny, democracy suffers.Join us as we cut through the noise to examine what's really at stake when narrative dominates reality. Subscribe now and be part of the conversation that seeks clarity amid chaos. Support the show

Medicaid is a cornerstone of the American health care system. The program provides insurance to more than 70 million low-income people and people with disabilities.Now, addiction experts and nursing home leaders are sounding the alarm over cuts in President Donald Trump's tax and spending bill.When the cuts occur, Medicaid will lose $1 trillion over the next 10 years and over 11 million Americans will become uninsured by 2034. That's according to estimates by The Congressional Budget Office.We discuss what these cuts mean for some of the most vulnerable Americans.Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1aLearn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Earlier this month, President Donald Trump signed into law the major domestic policy bill that cuts about $1 trillion dollars from federal Medicaid spending over the next ten years. The changes to Medicaid are estimated to result in nearly 10 million more people going without health insurance by 2034, according to the Congressional Budget Office.  Medicaid is the public insurance program that covers most health care and long-term care for 83 million low-income and disabled people in the United States. Nearly a quarter of Minnesota's residents are on the state's Medicaid program, which is known as Medical Assistance. MPR News host Angela Davis talks about what this means for Minnesotans, including new work requirements and restrictions that will reduce funding for the program.  Guests: John Connolly is deputy commissioner and state Medicaid director for the Minnesota Department of Human Services.   Sue Abderholden is the executive director of NAMI Minnesota, the Minnesota chapter of the National Alliance on Mental Illness.

   It's almost unthinkable the son of a just departed president could be as unhinged as Hunter Biden.  The former first son is sitting down for interviews and firing shots at everyone else in the democrat party and it's glorious.  Oh, and he's not doing his dad's legacy any favors in the process despite the fact he's trying to help.    House Speaker Mike Johnson says he's not afraid to investigate Barack Obama for his role in operation Russia Hoax.  But Johnson stops way short of making any promises.    Newt Gingrich has written a brilliant column showing how the Congressional Budget Office works against Republicans, and especially Mr. Trump.  Wait until you hear the numbers.    Salvy hit two more bombs as the Royals blast the Cubs.  Man, when this guy is hot, the Royals are hard to beat.  What a legend.    We are usually a big fan of Colin Cowherd but wait until you hear why he thinks the Chiefs will finish third in the division this year.   The Big 12 rejects $250 million from the University of Memphis to join the league and we remember one of the stars of the Cosby Show.  

One of the biggest cuts included in President Donald Trump's recent tax and spending bill is to Medicaid, the federal program that provides health insurance to low-income Americans and people with disabilities. The Congressional Budget Office estimates it would lose $1 trillion over the next ten years.Republicans say these changes address fraud and waste in the Medicaid program. But some rural hospitals and states warn it could have devastating effects.We break down what those changes mean for you.Want to support 1A? Give to your local public radio station and subscribe to this podcast. Have questions? Connect with us. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

In this episode of Passing Judgment, host Jessica Levinson interviews Chris Stein, senior politics reporter for The Guardian US, about the "big, beautiful bill" driven by President Trump and congressional Republicans. Stein explains that the bill makes the 2017 tax cuts permanent, primarily benefiting high earners, while also introducing new deductions and extending some relief for select groups. He highlights significant cuts to Medicaid and SNAP, noting these changes are delayed until after the midterms, while increased funding for immigration enforcement and the border wall takes effect more quickly. The episode also addresses the bill's large projected impact on the federal deficit and the political strategy behind delaying the most controversial cuts. Levinson and Stein wrap up with insights into House Democrats' push for Trump-related Epstein files, illustrating the limited tools available to the minority party.Here are three key takeaways you don't want to miss:Tax Changes: Immediate Relief, Long-Term Effects: The bill makes the Trump-era tax cuts permanent, creating significant (and expensive) relief that primarily benefits top earners, while also introducing temporary new cuts for working-class voters. However, not everyone qualifies, and the flipside could mean fewer resources for government programs.Social Safety Nets: Delayed Pain, Lasting Impact: Major changes to Medicaid and SNAP (food stamps) are built in—including work requirements and shifting costs to states. Crucially, these cuts are delayed until after the next midterms, affecting rural and Trump-leaning areas the most, but the full consequences won't be felt until later election cycles.Immigration and Deficit: Shifting Priorities, Bigger Budget: The bill pours billions into border enforcement—including ICE, deportations, and the border wall—while still adding an estimated $3.4 trillion to the federal deficit over the next decade, eclipsing even the emergency pandemic-era spending.Follow Our Host: @LevinsonJessica

After the passage of President Trump's “Big Beautiful Bill,” renewable energy companies are bracing for more challenging times. The law is set to end Biden-era subsidies for clean energy, with the Congressional Budget Office estimating that the industry could lose half a trillion dollars in tax incentives over the next decade. WSJ's David Uberti reports on the renewable energy pullback. And Annie Minofftalks to a co-owner of a North Carolina-based solar-panel-installation company about what the winding down of subsidies means for his business.  Further Listening: - The Healthcare Costs of Trump's ‘Big Beautiful Bill'  - How Trump's Megabill Squeaked Through the Senate  Sign up for WSJ's free What's News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

While the Congressional Budget Office says as many as twelve million people could lose health insurance due to Medicaid cuts in the President's "big, beautiful bill," the Trump administration defends work requirements and cuts for cost savings. Their goal is to reform the system, removing non-disabled recipients from Medicaid. Despite Democrats' concerns, these cuts won't take effect until the end of next year. Director of the Centers for Medicare & Medicaid Services, Dr. Mehmet Oz joins the Rundown to explain the need to address waste, fraud, and abuse in Medicaid to ensure those who need it most receive health care. Last week, the largest illegal immigration raid of President Donald Trump's second term occurred, resulting in the detention of over 360 individuals at two marijuana farms in California. Among those detained were several convicted felons and 14 children. Former acting ICE Director and former federal prosecutor Jonathan Fahey joins us to discuss the raids and the ongoing legal issues surrounding immigration. Plus, commentary from New York Post columnist and co-author of "Stolen Youth," Karol Markowicz. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

While the Congressional Budget Office says as many as twelve million people could lose health insurance due to Medicaid cuts in the President's "big, beautiful bill," the Trump administration defends work requirements and cuts for cost savings. Their goal is to reform the system, removing non-disabled recipients from Medicaid. Despite Democrats' concerns, these cuts won't take effect until the end of next year. Director of the Centers for Medicare & Medicaid Services, Dr. Mehmet Oz joins the Rundown to explain the need to address waste, fraud, and abuse in Medicaid to ensure those who need it most receive health care. Last week, the largest illegal immigration raid of President Donald Trump's second term occurred, resulting in the detention of over 360 individuals at two marijuana farms in California. Among those detained were several convicted felons and 14 children. Former acting ICE Director and former federal prosecutor Jonathan Fahey joins us to discuss the raids and the ongoing legal issues surrounding immigration. Plus, commentary from New York Post columnist and co-author of "Stolen Youth," Karol Markowicz. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

When Republicans passed their big domestic policy bill just over a week ago, they kept making the same argument about sweeping changes to Medicaid: that the measures, including new work requirements, would encourage able-bodied adults to earn their health care, ultimately creating a fairer system for everyone. Critics said the opposite: they have predicted that millions of working people who need health care will lose it.The truth will emerge in rural and often Republican-voting areas where cuts to Medicaid funding will be felt most deeply. Natalie Kitroeff spoke to a family doctor in one of those places, western North Carolina, about what she thinks will happen to her patients.Guest: Shannon Dowler, a family physician and health advocate in western North Carolina.Background reading: In North Carolina, President Trump's domestic policy law jeopardizes plans to reopen one rural county's hospital — and health coverage for hundreds of thousands of state residents.The nonpartisan Congressional Budget Office predicted that the Senate's version of Trump's bill would mean that 11.8 million more Americans would become uninsured by 2034.For more information on today's episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday. Photo: Kaoly Gutierrez for The New York Times Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

President Trump's proposed Big Beautiful Bill (BBB), which has been getting everyone's attention of late, is the topic of this episode of The Power of Zero Show.  Host David McKnight points out that the “crown jewel” of the BBB is the extension of the 2017 Trump tax cuts. The 2017 Tax Cuts and Jobs Act (TCGA) brought about cuts to individual income taxes, corporate taxes, and a dramatic expansion of the estate tax exemption. While corporate tax cuts were made permanent – going from 35% to 21% – the tax cuts for individuals and estates had an expiration date. If the status quo stays unchanged, those tax rates will revert back to their 2017 levels on January 1st, 2026. David goes over how Republicans could make the tax cuts permanents through some outside the box accounting techniques. Since Republicans don't have a supermajority in the House or Senate, they would have to rely on a special Senate process known as Budget Reconciliation.  A few fiscal conservatives such as Representative Thomas Massie and David Schweikert, as well as Senator Susan Collins and Rand Paul may not be on board with such an approach… Their main concern? The fact that making these tax cuts permanent would add between 4.6 and 5.5 trillion dollars to the national debt over the next 10 years. David addresses the single greatest obstacle preventing Republicans from making the Trump tax cuts permanent: the Bird Roll. The Bird Roll states that budget reconciliation bills cannot increase the federal deficit beyond the budget window, which is typically 10 years. In other words, to make the tax cuts permanent, Republicans would have to find a way to pay for them. Cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP, formerly known as the Food Stamps Program), as well as tariffs on imports are how Republicans are trying to go about things. Some Republicans suggest that the tax cuts won't increase the national debt over the next decade and beyond, for the fact that they'll actually spark economic growth. According to the Congressional Budget Office, the cost of the 2017 tax cuts was $1.9 trillion over an eight-year period, while the tax cuts themselves only increased revenue by about $400 billion. As David stresses, “The Tax Cuts and Jobs Act of 2017 ended up increasing the debt by about $1.5 trillion, meaning that the tax cuts were in no way self-financing.” If Trump tax cuts were to be made permanent, it will almost certainly increase the likelihood that taxes will have to skyrocket by the year 2035. According to a Penn Wharton study, when the country's debt-to-GDP reaches 200%, we've passed the point of no return. If that were to happen, no combination of raising taxes or reducing spending would arrest the financial collapse of the nation. Former Comptroller General of the Federal Government, David M. Walker, has even suggested that tax rates could have to double to keep the U.S. solvent. This means that even if Republicans make the tax cuts permanent, they will have to raise taxes eventually… For David, this may lead to Congress being forced to raise taxes in dramatic fashion in 2035 in an effort to avoid a financial apocalypse in 2040. David believes that, if you have the lion's share of your retirement savings swirling away in tax-deferred accounts like 401(k)s and IRAs, you should take advantage of what's likely going to be 8 to 10 years more of historically low tax rates.     Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Donald Trump Tax Cuts and Jobs Act Representative Thomas Massie Representative David Schweikert Senator Susan Collins Senator Rand Paul Congressional Budget Office Penn Wharton David M. Walker

The One Big Beautiful Bill Act is now law. It's expected to cost the government a pretty penny. The Congressional Budget Office predicts a $3.4 trillion increase in the deficit over ten years. This is driven by significant tax cuts, including extensions of those made in 2017. Trump's advisors argue the tax cuts will pay for themselves. Today on the show, we speak with the guru on that school of thought, Arthur Laffer, and dig into some of those claims with a tax economist. Related episodes: The simple math of the big bill (Apple / Spotify) What's going to happen to the Trump tax cuts? (Apple / Spotify) So, how's this No Tax On Tips thing gonna go? (Apple / Spotify) For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

It's Tuesday, July 8th, A.D. 2025. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Kevin Swanson Indian legislator offers money to assassinate evangelists and pastors A member of a district legislative council in India has announced a bounty on Christian evangelists.   In a public speech, BJP Legislative Assembly Member Gopichand Padalkar allegedly issued a rate card for the assassination of various Christians, the highest amount offered for the killing of pastors. Members of the Christian community in the area are asking that police open a case against the legislator for inciting violence and spreading hatred. Under such treacherous conditions, would you pray for the safety of Christians in India? Iranian Christians losing hope about regime change World News Group reports that Christians in Iran are losing hope now for any possible regime change. During the week following the U.S. strikes, 1,000 people were arrested and falsely accused of spying for Israel, many of whom were Christians.  Some were executed.  The report quotes a 40-year-old Christian woman. She said, “Nobody welcomes wars, but at this point, war seems to be the most viable solution [for a regime change]. The oppressed people of Iran have used every opportunity to free themselves of this terrorist group in control. Every peaceful protest is cracked down upon in the most brutal way. We hoped these conflicts would give us a chance to fight for freedom by having military forces eradicated by Israel, just like the Israeli prime minister promised us.” An opinion survey conducted in 2022 by a Netherlands institute, found that, on a sample size of 158,000 people, over 80% of Iranians rejected the Islamic Republic and would prefer a democratically-elected government. Texas Governor called for a Day of Prayer for flood victims The latest count of the deceased in the Texas flooding tragedy has now reached 100, 27 of whom include children and counselors from a Christian girls camp known as Camp Mystic, reports ABC News. Davin Williams, the camp nurse, was heartbroken. WILLIAMS: “We had no idea people were missing. We had no idea that they had to wade through water, barely able to stand to get to the pavilion. I didn't even realize the gravity of the situation until we saw helicopters flying over us.” Over the weekend, Texas Republican Governor Greg Abbott called for a day of prayer. The governor said, “This is a time when we, as a state, need God more than ever.”   ABBOTT: “All we know is that prayer does work. Your prayers have made a difference. We ask for continued prayers as we continue our efforts to locate everybody who has been affected by this. “Pray so much for the families who have lost a loved one, who are going through challenging times that they never imagined on the third of July that something like this would happen. Prayer matters!” In less than one hour, the Guadalupe River had surged 26 feet up the banks, causing the majority of the wreckage.  This looks like the worst disaster since the 1953 Waco tornado which killed 114 people and injured another 597.  Habakkuk 3:2 is a cry for mercy:  “O LORD, I have heard the report of You, and Your work, O LORD, do I fear. In the midst of the years revive it; in the midst of the years make it known; in wrath remember mercy.” King Charles III and royal family support homosexual pride King Charles III and the royal family in London showed support for the annual homosexual pride march via  social media over the weekend. The Royal Family X account featured the Royal Band playing the iconic homosexual/transgender anthem entitled, Pink Pony Club, which was originally released by Chappell Roan. The royals drew attention to the sinful celebrations by adding in the caption: "#Pride2025," alongside emojis of a rainbow, disco ball, and sparkles. In reaction, one person wrote, “What a terrible post. No wonder at the coronation the King chose not to say 'defender of the Faith.' The monarchy ended with our beloved late Queen Elizabeth II.” And another asked, “Isn't the King the head of the church of England? He shouldn't be promoting sins.” 35,000 Brits participated in the march, supported also by the King's Royal Guard, reports Parade.  Spanish bill would imprison pastors who help “gays” or transgenders Spain is considering a bill that would imprison pastors who employ any “methods, programs, techniques or procedures of aversion or conversion, whether psychological, physical, pharmacological or of any other nature, intended to modify, repress, eliminate or deny their sexual orientation, sexual identity or gender expression,” reports The Christian Post. The lower house approved the bill by an overwhelming vote of 311 to 33.   Interestingly, Spain's Gross Domestic Product has been in a slump for 16 years. 25% tariff on Japan and South Korea; 30% on South Africa Yesterday, President Donald Trump announced a 25% tariff to be imposed on Japan and South Korea, and a 30% tariff on South African imports, effective August 1st, reports NBC News. The tariffs will be subject to negotiation, as the announcement suggested “perhaps” a reconsideration, “depending on our relationship with your Country,” in Trump's words. South Africa has seen no measurable growth in its GDP this year. The nation's economy is stagnating. Also, both the South Korean and Japanese economies contracted slightly in the first quarter of this year. India now fourth largest economy worldwide India is replacing Japan this year as the fourth largest economy in the world, according to initial estimates. Japan was the second largest economy in the world between 1988 and 2010, but its Gross Domestic Product has not improved since 1995 -- 30 years ago. The International Monetary Fund projects that the BRICS eastern nations of China and India will take the #2 and #3 positions as the strongest economies in the world by 2030. Thanks to Javier Milei, Argentina's economy is rebounding Argentina's economy is doing better. Since President Javier Milei's election in 2023, the country's annual inflation rate has reduced from 211.4 percent in 2023 to 43.5 percent by mid-2025. Remarkably, Milei cut 27% of the state budget and laid off thousands of government employees in his first year in office (last year), after which the economy took a small hit.   But recovery appears to be on its way for Argentina. The nation's GDP got a 5.8% boost in the first quarter of 2025. Congressional Budget Office predicts $1.9 trillion deficit this year The U.S. President's budget proposed for 2026, includes the identical base discretionary spending projection as Biden's previous budget - $1.6 trillion. The proposed budget includes an increase in spending of $155 billion for Homeland Security and Defense, and significant decreases in Health and Human Services, Housing and Urban Development, and international welfare programs. The Congressional Budget Office is projecting a $1.9 trillion deficit this year, the third-highest deficit in American history. Keep in mind the biblical principle from Deuteronomy 15:5-6. It says, “…Carefully obey the voice of the Lord your God, to observe with care all these commandments which I command you today. For the Lord your God will bless you just as He promised you; you shall lend to many nations, but you shall not borrow; you shall reign over many nations, but they shall not reign over you.” Close And that's The Worldview on this Tuesday, July 8th, in the year of our Lord 2025. Follow us on X or subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com.  Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

The Congressional Budget Office estimates the spending bill just signed by President Donald Trump will increase the number of people without health insurance by 16 million over the next ten years. The $1.1 trillion cuts to Medicaid will also affect Native Americans who rely on it to pay for health care through the Indian Health Service and threatens rural hospitals with a high rate of Medicaid-dependent patients. The new spending plan also substantially reduces the number of people who will collect food assistance through the federal government. We'll get insights on what these numbers mean for Native Americans who disproportionately rely on these two federal government programs. We'll also find out about the significance of the new Indigenous head of Mexico's Supreme Court. GUESTS A.C. Locklear (Lumbee), CEO of National Indian Health Board Aaron Payment (Sault Ste. Marie Tribe of Chippewa Indians), tribal councilman and former chairperson for the Sault Ste. Marie Tribe of Chippewa Indians Kelli Case (Chickasaw), senior staff attorney for the Indigenous Food and Agriculture Initiative Gaspar Rivera-Salgado (Mixteco), director for the UCLA Center for Mexican Studies

President Trump’s big tax law includes a major provision the GOP has endorsed for years: work requirements for Medicaid recipients and for food stamp benefits. The Congressional Budget Office estimates that 11.8 million Americans could lose medical coverage over the next decade and more than 3 million could lose SNAP benefits. Laura Barrón-López discussed the stakes with Pamela Herd. PBS News is supported by - https://www.pbs.org/newshour/about/funders

President Trump’s big tax law includes a major provision the GOP has endorsed for years: work requirements for Medicaid recipients and for food stamp benefits. The Congressional Budget Office estimates that 11.8 million Americans could lose medical coverage over the next decade and more than 3 million could lose SNAP benefits. Laura Barrón-López discussed the stakes with Pamela Herd. PBS News is supported by - https://www.pbs.org/newshour/about/funders

After a marathon session on Wednesday night, Republican lawmakers in the U.S. House of Representatives are poised to pass a massive tax and spending bill which President Trump has said he wants to sign on July 4. On Tuesday, the U.S. Senate passed their version of the bill after a tie-breaking vote from Vice President JD Vance. The bill passed by the Senate is expected to add $3.3 trillion to the federal deficit, according to the Congressional Budget Office, while making steep cuts to Medicaid benefits to help pay for trillions of dollars in tax cuts.    In Oregon, roughly 1 in 3 residents get their insurance through Medicaid. According to Oregon Health Authority’s Medicaid director Emma Sandoe, an estimated  100,000 to 200,000 Oregonians could lose their Medicaid benefits under the bill. On Wednesday, Gov. Tina Kotek and former Gov. John Kitzhaber, the architect of Oregon’s state Medicaid program, urged U.S. Rep. Cliff Bentz of Oregon’s 2nd Congressional District to vote against the bill. Bentz is the sole Republican member of Oregon’s Congressional delegation and roughly 40% of the residents in his district are enrolled in the Oregon Health Plan. Democratic U.S. Rep. Maxine Dexter of Oregon’s 3rd Congressional District is a pulmonary and critical care physician by training who testified against the bill on Capitol Hill and introduced amendments to it which were blocked by Republicans. She joins us to talk about the impacts of the Medicaid cuts for Oregonians and the new work and recertification requirements for Medicaid enrollees. “Think Out Loud” also made multiple attempts to request Rep. Bentz to participate in this conversation.

Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com

The Senate just narrowly passed the latest version of the GOP tax and spending bill, and the House will vote on it tomorrow. Nonpartisan experts at the Congressional Budget Office say the bill will add more than $3 trillion to the national debt, which is already a whopping $36.2 trillion. In this episode, a few economic historians tell us how we got here. Plus: Construction spending falls again, Home Depot goes after large-scale pros and the stock market rallies.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

The Senate just narrowly passed the latest version of the GOP tax and spending bill, and the House will vote on it tomorrow. Nonpartisan experts at the Congressional Budget Office say the bill will add more than $3 trillion to the national debt, which is already a whopping $36.2 trillion. In this episode, a few economic historians tell us how we got here. Plus: Construction spending falls again, Home Depot goes after large-scale pros and the stock market rallies.Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter.Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.

It's make-or-break week for Congressional Republicans and their big policy and spending legislation, a.k.a. President Donald Trump's ‘One Big Beautiful Bill.' Trump says he still expects to see the final package on his desk by this Friday, even as new estimates from the nonpartisan Congressional Budget Office show the latest version of the bill could add more than $3 trillion dollars to the national debt over the next decade. Is that deterring members of the party that professes to care about federal spending? Not really. Senate Republicans are expected to vote on the measures, after narrowly advancing it to the floor for debate over the weekend. Elana Schor, senior Washington editor for the online news publication Semafor, gives us an update on where the bill stands now and the possible speed bumps ahead.And in headlines: Trump hints at a possible TikTok buyer, the Supreme Court hands the White House another huge win by limiting the powers of lower court judges, and the president pressures Israeli officials to drop Prime Minister Benjamin Netanyahu's corruption trial.Show Notes:Check out Elana's work – www.semafor.com/author/elana-schorSubscribe to the What A Day Newsletter – https://tinyurl.com/3kk4nyz8What A Day – YouTube – https://www.youtube.com/@whatadaypodcastFollow us on Instagram – https://www.instagram.com/crookedmedia/For a transcript of this episode, please visit crooked.com/whataday

The massive budget bill that Senate Republicans are debating pays for some of its tax cuts by slashing hundreds of billions of dollars in Medicaid spending. The latest report from the non-partisan Congressional Budget Office estimates nearly 12 million people will lose health insurance if the Senate version of the bill becomes law. Trump insists the cuts come from eliminating waste, fraud and abuse. Democrats have said they break Trump's promise not to touch Medicaid — and over the weekend, Republican Senator Thom Tillis of North Carolina agreed. "What do I tell 663,000 people in two years or three years when President Trump breaks his promise by pushing them off of Medicaid because the funding's not there anymore?" We asked Sarah Jane Tribble, the chief rural correspondent for KFF Health News, what the cuts will mean for rural residents of states like North Carolina — and the hospitals that serve them.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Republicans are grappling with their big tax-and-spending bill, which the independent Congressional Budget Office estimates will add $3.3 trillion to the national debt over the next decade. As they debate Medicaid cuts and work requirements at the federal level, Jeanne Whalen with the Wall Street Journal explains why Medicaid work requirements at the state level have not worked out. Following the Supreme Court ruling on birthright citizenship, Politico reporter and former prosecutor Ankush Khardori tells us what comes next. Florida is seizing Everglades land with plans to open a migrant-detention center in a swamp as soon as the first week of July. Ana Ceballos with the Miami Herald has more. Plus, what to know about the ambush attack on Idaho firefighters, the U.N.’s assessment of Iran’s nuclear capabilities, and Beyoncé’s scare during her hometown Texas show. Today’s show was hosted by Shumita Basu.

Recent changes to President Trump’s tax and spending bill would cut roughly $1.1 trillion in health care spending over the next decade, according to the nonpartisan Congressional Budget Office. It also found the bill would result in 11.8 million people losing health insurance by 2034 with the majority of those cuts hitting Medicaid. Laura Barrón-López discussed the impact with Larry Levitt of KFF. PBS News is supported by - https://www.pbs.org/newshour/about/funders

The Congressional Budget Office estimates the current budget bill will add $3 trillion to the federal deficit over the next decade. On Point wraps up a weeklong exploration of what Trump's budget bill tells us about government spending and our financial future.

Tonight on The Last Word: Sen. Mike Lee deletes some posts about the Minnesota lawmaker shootings. Also, The Washington Post reports Sen. Tim Scott's 60-second video attacking the Congressional Budget Office contains nine errors. And the fight over Donald Trump's National Guard deployment in California continues in an appeals court. Norm Orstein and Lisa Rubin join Lawrence O'Donnell.

On October 7th, 2023, Edan Alexander became one of the many Israelis kidnapped by the terror organization Hamas. Originally born in New Jersey, Edan was serving in the Israeli Defense Force when Hamas terrorists ambushed and captured him. For 584 days, Edan was a hostage in the Gaza tunnels until May 12th, 2025. Edan was freed, and his family says their "nightmare came to an end." Edan's father, Adi Alexander, joins the Rundown to describe the terror he and his family experienced while expressing the importance of hope in Israel. Despite the efforts of DOGE and President Trump, America's debt has continued to grow, and with it, the anxiety over paying it off. The President's “Big Beautiful Bill,” while praised by his supporters, has some within the GOP worried it could strain the debt ceiling even further. Former Director of the Congressional Budget Office and President of the American Action Forum Doug Holtz-Eakin joins to explain how everyday Americans are impacted when our government takes out loans in the trillions and what realistic options are on the table if we want to lower the deficit. Plus, commentary from FOX News Digital columnist David Marcus. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Newt talks with Matthew Henderson, Interim Chief Government Affairs Officer at America First Policy Institute, about the "One Big Beautiful Bill Act," a reconciliation bill that aims to reduce taxes, increase spending on federal programs, and raise the statutory debt limit. Passed by the House with a narrow margin, the bill is now under Senate consideration and faces criticism from figures like Elon Musk. Henderson shares insights on the bill's journey and its implications. He reflects on his past efforts with the Save America Coalition to oppose the Biden “Build Back Better Bill” and how those experiences inform his current advocacy for the new bill. Their discussion highlights the bill's potential to accelerate economic growth, cut taxes, and create jobs, while also addressing issues like border security, education reform, and healthcare. They also discuss the challenges of passing the bill, including opposition from the Congressional Budget Office's economic growth projections.See omnystudio.com/listener for privacy information.

John Fawcett breaks down the biggest stories of the day, including remarks made by Pete Hegseth regarding military funding and medical research, the economic impact of tariffs and the Congressional Budget Office's findings on household incomes. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

#614: The US just added 139,000 new jobs in May. That beat expectations. But the real story isn't in the job numbers — it's in the bond market. Something unusual is happening in bonds. Treasury yields are spiking. The dollar is weakening. That combination almost never happens together. And it's signaling concerns about future inflation. Trade wars continue on. A federal court just struck down some tariffs. The administration will appeal. Meanwhile, the EU has until July 9 to cut a deal. If they don't, 50 percent tariffs kick in. As a result, many companies are playing defense instead of growing. The debt situation keeps getting worse. We owe $36.2 trillion. That's more than we owed at the end of World War II as a percentage of our economy. Moody's just downgraded our credit rating. We're not alone — Britain's bonds just hit their highest levels since 1998. The accredited investor rules could finally change. Right now you need an income of $200,000 ($300,000 as a couple) or $1 million in net worth to access private markets. Those numbers haven't changed since they were written in 1982, even though adjusted for inflation, that $200,000 would be $662,000 today.  The SEC might start loosening enforcement of the accredited investor rules. That could open up more investments to people who've been locked out for decades. Crypto is finding its footing. The SEC dropped cases against Coinbase. They're backing away from treating most crypto like securities. Bitcoin sits near all-time highs. The US keeps building its strategic Bitcoin reserve. The House just passed what's being called the "One Big Beautiful Bill." It extends 2017 tax cuts. Eliminates taxes on tips and overtime. The Congressional Budget Office says it'll add $2.4 trillion to the deficit over 10 years. That's sparked debate between deficit hawks and growth advocates —  including one particularly high-profile debate that has been plastered across the headlines. Consumer sentiment stays stuck at 2022 lows. People expect 6.6 percent inflation. The actual rate is 2.3 percent. That gap between what the data says and what people feel shows up everywhere. We cover all of this in today's First Friday economic update.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today, we're talking about President Trump banning travel from 12 countries; the Congressional Budget Office's report on the Big Beautiful Bill; the Supreme Court issuing three unanimous rulings; and other top news for Friday, June 6th. Stay informed while remaining focused on Christ with The Pour Over Today. Want to support The Pour Over? Choose to pay at tpopod.com  Please support our TPO sponsors! Upside: https://links.thepourover.org/Upside Cru: give.cru.org/pour LMNT: https://links.thepourover.org/LMNT_Podcast CSB: https://links.thepourover.org/CSB_podcast The Table Podcast: https://links.thepourover.org/TheTablePodcast Heaven Meets Earth Podcast: https://links.thepourover.org/HeavenMeetsEarth World Relief: worldrelief.org/prayer MOSH: moshlife.com/TPO Stewardship Investments: stewardshipinv.com

President Trump has called the sweeping domestic policy bill that recently passed in the House the most important piece of legislation in his second term — a single bill that would unlock his entire domestic agenda.But as that bill heads to the Senate, it's raising questions among Republicans about whom Trumpism is really for. Today, the New York Times congressional correspondent Catie Edmondson joins “The Daily” to talk about the big messy battle over what Republicans have named the One Big Beautiful Bill Act.Guest: Catie Edmondson, a congressional correspondent for The New York Times.Background reading: President Trump is pressuring Republicans to back his policy bill, but the measure's opponents have a powerful new ally: Elon Musk.Mr. Trump's policy bill would add $2.4 trillion to the national debt, the Congressional Budget Office said on Wednesday. That estimate was all but certain to inflame concerns over the fiscal consequences of the legislation.For more information on today's episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.Photo: Kenny Holston/The New York Times Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.

President Trump says he's implementing a full travel ban on nationals from a dozen countries, while also directing an investigation into former Biden administration officials. The Congressional Budget Office says a Republican “mega-bill” would spend $2.4 trillion more than it saves. And federal agents arrest a man suspected of aiding an attack on an IVF center. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tonight on The Last Word: Donald Trump enacts a new travel ban, restricting or limiting nationals from 19 countries. Also, the Congressional Budget Office estimates 16 million people will lose their health insurance under Trump's budget plan. And Ukraine strikes more than 40 bombers inside Russia. Governor Kathy Hochul, Amb. Michael McFaul, and Lt. General Mark Hertling join Lawrence O'Donnell.

Nicolle Wallace on the Congressional Budget Office's bleak assessment of Trump's megabill, how Trump's tariffs are hurting supply chain industries, and how Pete Hegseth is working to erase civil rights history.Joined by: Scott Horsely, Mitch Landrieu, Tim Miller, Jacob Soboroff, Sheryl Gay Stolberg, Alex Wagner, Ryan Nobles, Charlie Sykes, Iowa State Rep. J.D. Scholten, Paul Rieckhoff, and Ukraine National Baseball Team pitcher Andrii Boiko.

P.M. Edition for June 4. Dollar General and Dollar Tree have reported bumper first-quarter earnings. WSJ reporter Suzanne Kapner joins to discuss what that shows about consumers, and about the state of the U.S. economy. Plus, the Congressional Budget Office estimates that President Trump's tax-and-spending megabill would add $2.4 trillion to the U.S. deficit, as Republican senators are demanding changes that could alter its price tag. We hear from WSJ tax policy reporter Richard Rubin about how the bill might shift. And the Trump administration threatens Columbia University's accreditation. Alex Ossola hosts. What's News in Earnings: Retailers Scramble to Respond to Tariffs Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices