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Let's talk about Trump wanting another reconciliation bill.…
It's Friday, June 12th, A.D. 2026. 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 Adam McManus Hundreds of Nigerians freed from Boko Haram captivity after months Ready for some good news? Hundreds of Nigerians, who had been abducted by Boko Haram Muslim militants during a devastating March attack, have just been freed after months in captivity, reports International Christian Concern. It's one of the largest releases of hostages in the region in recent years. Officials claim that the Nigerian army rescued 360 captives from a remote hideout in the Mandara Mountains of Borno State near the border with the country of Cameroon. However, local community leaders insist that local negotiations, rather than military action, secured their freedom. Pentagon on lock down over “air quality issue” On June 11th, the Pentagon was placed on lockdown after officials detected an “air quality issue” inside the building, reports NewsNation.com. Chief Pentagon spokesman Sean Parnell said the War Department activated standard safety procedures, including a “shelter-in-place order for affected areas. The Pentagon has sophisticated systems to ensure the safety of the building and its occupants. Those systems have detected an air quality issue necessitating precautionary measures until we determine its significance.” Trump adds SAVE Act to Pentagon reconciliation bill Despite the fact that the U.S. Senate has failed to make progress towards passing the much-needed Safeguard American Voter Eligibility Act or SAVE America Act, which would secure our nation's elections, President Donald Trump is not throwing in the towel. In a post on Truth Social, he just announced a huge move to get the act passed by adding it directly to the upcoming $350 billion Pentagon reconciliation bill. This way, the legislation can clear the Senate with a simple majority, rather than the 60 votes needed under current rules. Referencing the SAVE Act, he wrote, “THE SAVE AMERICA ACT … will protect our Elections for Generations to come. Our Warriors protect our most Sacred Rights, and Voting is at the top. Time to defend that Right for every American!” Yesterday, President Trump made these comments from the Oval Office. TRUMP: “All voters must show photo I.D. So, you go to vote and show photo ID. Not complicated. But who could oppose it? … “All voters must show a little thing called proof of citizenship. No mail-in ballots except for illness, disability, military, or travel. So, we're being very progressive. We just don't want cheating. You see what's happening in California. They're rigging the election.” Urge your two U.S. Senator to pass the Safeguard American Voter Eligibility Act or SAVE Act by calling 202-224-3121. That's 202-224-3121. Suspicious newly registered homeless votes in LA Mayoral race In a suspicious turn of events to block Spencer Pratt's candidacy for Los Angeles mayor, thousands of homeless voters were registered to vote at Los Angeles shelters — despite many not living there or the facilities not having any beds at all, reports the New York Post. As Spencer Pratt was eliminated by Nithya Raman in the mayor's race during additional counting of votes on June 8th, one drop-in center, St. Joseph Center in Venice, which had received $600,000 from Nithya Raman, had 185 registered voters at the address but offers absolutely no accommodations. After the New York Post inquired about this suspicious activity, the photograph of Raman presenting a check to St. Joseph's was taken down from its website. The revelations have prompted U.S. Attorney Bill Essayli to say he will investigate the concerns uncovered by The New York Post and “follow the evidence” to see if the law has been broken. A review of records shows 7,600 voters tied to homeless shelters and service providers. The largest concentration of homeless voters was at the Midnight Mission in Skid Row, where voting records show 1,160 registrations — but its website shows it only has beds for 9% of that number -- 84 men and 36 women. Something stinks in Denmark! Proverbs 17:23 says, "A wicked man takes a covert bribe from his bosom to pervert the ways of justice." ACLU asserts a “religious right” to abortion in Indiana The Thomas More Society is weighing in on a pending ACLU-inspired abortion case before the Indiana Supreme Court, urging the state's highest jurists not to recognize a so-called “right” to abortion under the guise of religious freedom, reports LifeSiteNews.com. Indiana law bans most surgical abortions. Sadly, chemical abortions persist due to mail-order Abortion Kill Pills, which the state legislature has so far been unable to quash. The ACLU suit claims that denying Indiana mothers abortions would violate Indiana's Religious Freedom Restoration Act, a 2015 law that says that government may not “substantially burden a person's exercise of religion.” Indiana Republican Attorney General Todd Rokita has appealed, and the Indiana Supreme Court agreed in April to take the case. Oral arguments are set to begin in September. Thomas Olp with the Thomas Moore Society, said, “This case is a Trojan Horse. The ACLU and its clients want to call this religious liberty, but it isn't—not under any historically honest understanding of the term. From Cicero to John Locke to the framers of Indiana's Constitution, the natural law tradition that gave us religious freedom has never treated the taking of innocent life as an exercise of religion.” Missionary David Brainerd had a heart to see Indians saved And finally, on June 12, 1744, David Brainerd was ordained by the Presbyterian Church to be a missionary to the New England Indians. He first went to an Indian village on the Housatonic River in Connecticut. Then, he studied the Algonquin languages in Stockbridge, Massachusetts. According to the Generations-published Taking the Americas for Jesus, Brainerd loved the Indians which is why he wanted them to hear the Good News of Jesus Christ. He said, “I taught that men are sinners. All sinners will be judged by God. Then, I told them that Christ could save them. Christ was a great Savior. All who believe in Jesus will be saved.” Even living in a wigwam and missing many meals, Brainerd was undeterred. Indian witch doctors tried to poison him. He asked, “Why can't your magic harm me?” Sometimes Indians trusted in Christ. But many did not want to leave their idols. In 1745, Brainerd went to an Indian tribe in New Jersey where 100 Indians converted to Christianity. 2 Corinthians 5:17 says, “Therefore, if anyone is in Christ, the new creation has come. The old has gone, the new is here!” He died from tuberculosis on October 9, 1747, at the young age of 29. Close And that's The Worldview on this Friday, June 12th, in the year of our Lord 2026. 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.
Republicans' budget reconciliation package is now in the House's hands, and they could approve the immigration bill this week; Another contentious issue boils in the Senate, extending the government's overseas warrantless spy powers authority known as FISA. That power expires on Friday, but Congress has repeatedly punted an extension for the past two months. And throwing a wrench into this time, President Trump's decision to install Bill Pulte as director of national intelligence; President Trump demands that Israel and Iran stop 'shooting' after a weekend of strikes between the two countries. And while both sides stopped the attacks, neither side says they're backing down from the conflict; Maine Senate candidate Graham Platner (D) talks about the misconduct allegations made against him last week; Three New York Knicks fans react to President Trump attending tonight's NBA Finals Game 3 at Madison Square Garden. Learn more about your ad choices. Visit megaphone.fm/adchoices
The House takes up the Senate-passed reconciliation bill. Acting Attorney General Todd Blanche faces a potentially tough battle as AG nominee. House appropriators mark up the Labor-HHS-Education and Homeland Security spending bills. Kristina Karisch has your CQ Morning Briefing for Tuesday, June 9, 2026.
The Senate passed the budget bill for immigration enforcement early this morning. The Labor-HHS-Education and Homeland Security spending bills get subcommittee markups. And Trump endorses the Senate bill to overhaul college sports. David Higgins has your CQ Morning Briefing for Friday, June 5, 2026.
Jimmy Barrett takes you through the stories that matter the most on the morning of 06/05/26.
Tony starts the final hour of the show joined with Griff Jenkins of FOX News to talk about the reconciliation bill on the new White House ballroom. See omnystudio.com/listener for privacy information.
On Capitol Hill, Republicans are finally moving their reconciliation package forward. The Senate voted this afternoon to begin debate on the measure, which no longer includes funding for President Trump's proposed White House ballroom. The bill also comes after Acting Attorney General Todd Blanche confirmed that the administration's proposed $1.8 billion IRS "Anti-Weaponization Fund" has been dropped from the package. Democrats, however, are vowing a fight as Republicans push to advance the legislation using the reconciliation process. We'll have the latest on where the bill stands coming up. It was also a busy day of hearings on Capitol Hill. Secretary of State Marco Rubio faced questions from lawmakers on Iran and U.S. foreign policy before the House Foreign Affairs Committee. Treasury Secretary Scott Bessent defended the administration's settlement with the IRS during a Senate Finance Committee hearing. And Homeland Security Secretary Markwayne Mullin told lawmakers he is reviewing contracts signed during the tenure of former Homeland Security Secretary Kristi Noem. Plus, Campaign 2026 enters a new phase following primary elections in seven states. We'll look at the results and hear what candidates had to say in several closely watched races, including contests in California and Iowa. Learn more about your ad choices. Visit megaphone.fm/adchoices
Trump sued the IRS for $10 billion over an unlawful tax return disclosure, a lawsuit that was time-barred, improperly pleaded under the statute, and lacked any adversity between the parties since Trump controlled the very agencies he was suing. Todd Blanche and the DOJ mounted zero defense, then quietly settled for $1.776 billion in taxpayer money, including a sweeping addendum that would have permanently shielded Trump, his family, his businesses, and his associates from any future federal investigation. On May 27th, a group of 35 former federal judges, represented by ethics attorney Norm Eisen, filed a motion alleging the settlement was a product of collusion and a fraud on the court. By May 29th, a federal judge had reopened the case. By Friday night, the Wall Street Journal reported the White House was scrambling. By Monday, it was dead. Trump has until June 12th to respond to the court's order. Republican senators, Mike Pence, and now the federal judiciary all lined up against it. SUPPORT & CONNECT WITH HAWK- Support on Patreon: https://www.patreon.com/mdg650hawk - Hawk's Merch Store: https://hawkmerchstore.com - Connect on TikTok: https://www.tiktok.com/@mdg650hawk7thacct - Connect on TikTok: https://www.tiktok.com/@hawkeyewhackamole - Connect on BlueSky: https://bsky.app/profile/mdg650hawk.bsky.social - Connect on Substack: https://mdg650hawk.substack.com - Connect on Facebook: https://www.facebook.com/hawkpodcasts - Connect on Instagram: https://www.instagram.com/mdg650hawk - Connect on Twitch: https://www.twitch.tv/mdg650hawk ALL HAWK PODCASTS INFO- Additional Content Available Here: https://www.hawkpodcasts.comhttps://www.youtube.com/@hawkpodcasts- Listen to Hawk Podcasts On Your Favorite Platform:Spotify: https://spoti.fi/3RWeJfyApple Podcasts: https://apple.co/422GDuLYouTube: https://youtube.com/@hawkpodcastsiHeartRadio: https://ihr.fm/47vVBdPPandora: https://bit.ly/48COaTB
Senate Republicans try again to pass their reconciliation bill for immigration enforcement. An Agriculture spending is bill set for House floor action. And the Senate tries to address name, image and likeness regulations for college athletes. David Higgins has your CQ Morning Briefing for Monday, June 1, 2026.
In Belf's News Gallery, Greg Belfrage goes over the latest in trending headlines including the passing of NASCAR's Kyle Busch, Nashville and the Super Bowl, the senate not passing the Reconciliation Bill, Space X becoming and IPO, the DNC 2024 election Autopsy Report, Trump and Taiwan, and more...See omnystudio.com/listener for privacy information.
The Senate Committee on Homeland Security and Governmental Affairs passed a reconciliation bill to fund Immigration and Customs Enforcement and Customs and Border Protection for fiscal year 2026. The bill includes $9.5 billion for CBP recruitment and nearly $7.5 billion for ICE recruitment for fiscal 2026. It also includes about $3.5 billion for other CBP operations funding through fiscal 2029, including procurement and implementation of artificial intelligence and machine learning for mission support. The bill passed with a vote of 8 to 5. The reconciliation bill comes after Congress shut down the Department of Homeland Security for a record-breaking 76 days earlier this year.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
The Senate Homeland Security Committee marks up reconciliation language. The House takes up its version of a housing bill. Acting Attorney General Todd Blanche and Transportation Secretary Sean Duffy are on the Hill for budget hearings. Kristina Karisch has your CQ Morning Briefing for Tuesday, May 19, 2026.
The Judiciary Committee's portion of the reconciliation bill gets parliamentary scrutiny. House appropriators take a first crack at an Energy-Water funding bill. And the housing debate gets floor time next week. David Higgins has your CQ Morning Briefing for Friday, May 15, 2026.
Congressional Republicans are signaling another reconciliation package focused on affordability and spending cuts, raising concerns among advocates about additional reductions to SNAP and health care programs. A new analysis warns millions of Americans could lose critical benefits if the cuts move forward. Subscribe to our newsletter to stay informed with the latest news from a leading Black-owned & controlled media company: https://aurn.com/newsletter Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
As part of the 2026 Developmental Disabilities Conference, Maria Town, President and CEO, American Association of People with Disabilities, discusses Medicaid. Series: "Developmental Disabilities Update" [Health and Medicine] [Show ID: 41454]
As part of the 2026 Developmental Disabilities Conference, Maria Town, President and CEO, American Association of People with Disabilities, discusses Medicaid. Series: "Developmental Disabilities Update" [Health and Medicine] [Show ID: 41454]
As part of the 2026 Developmental Disabilities Conference, Maria Town, President and CEO, American Association of People with Disabilities, discusses Medicaid. Series: "Developmental Disabilities Update" [Health and Medicine] [Show ID: 41454]
We were gone for ten weeks and Trump started a war, the Supreme Court gutted the Voting Rights Act, the government had its longest shutdown in history, two cabinet secretaries got pushed out over Epstein, and Republicans quietly added $70 billion more for ICE to a reconciliation bill nobody could stop. Season 3 of Vibes Only is here and Brian Derrick (Political Strategist and Founder of @oath.vote) and Glennis Meagher (Political and New Media Strategist and Co-founder of @generatorcollective) have a lot to catch you up on.In the Season 3 premiere, Brian and Glennis break down Trump's war with Iran, the $72 billion the U.S. has burned in 60 days, the 3,400 civilians killed, the 14 American troops dead, and why this is the first Middle East war in our lifetime that's actually a voting issue (it has a lot to do with the price of gas). Then they get into how Democrats got played on the ICE reconciliation bill — Schumer specifically — and the $1 million Oath has now raised for the ICE Accountability Fund to prosecute officers and back the people fighting on the ground.The bigger conversation is Louisiana v. Callais. Brian walks through what the 6-3 ruling actually does to Section 2 of the Voting Rights Act, which Southern states are about to gerrymander Black voters out of Congress, and why Oath has always built its plan around flipping 12 House seats, not 3. Plus the Democratic counter-strike taking shape across ten states, why Brian is more fired up than worried, and the early primary signals out of Ohio and Indiana (Sherrod Brown is back, Janet Mills dropped out, and Trump just spent $15 million in Indiana on pure revenge).Also: Glennis brings receipts on Anna Nicole Smith, Brian compares the Trump assassination plot to a concept of a plan, and they make an official on-air challenge to Keith Edwards to come debate gerrymandering. The midterms are six months out. Buckle up.New episodes of Vibes Only drop every week. If you like the show, the single biggest thing you can do is leave a rating and a review… it's free, it takes ten seconds, and it's how we get in front of more people who need a politics podcast that isn't going to make them want to move to the woods.Vibes Only is a weekly political podcast hosted by Brian Derrick (Political Strategist and Founder of @oath.vote) and Glennis Meagher (Political and New Media Strategist and Co-founder of @generatorcollective), two post-Obama political operatives turned creators breaking down the stories of each week in politics, elections, and culture. We aim to be your break from the doom-scrolling and consultant-speak. Just the vibes (and the receipts) with new episodes every Thursday morning.Send us a text!Subscribe to Vibes Only wherever you get your podcasts! If you enjoy the show, spread the word! And please consider giving us a rating and review so others can find it. You can WATCH full episodes of Vibes Only on YouTube.
The American Democracy Minute Radio News Report & Podcast for April 27, 2026The GOP's Restrictive SAVE America Act is Stalled, and Slipping It into a Budget Reconciliation Bill was Blocked. Is it Dead?For now, the GOP's restrictive SAVE America Act has stalled in the U.S. Senate, blocked by the filibuster. An attempt to attach it to a budget reconciliation bill, needing only 50 votes to pass, also failed. Is it dead? Some podcasting platforms strip out our links. To read our resources and see the whole script of today's report, please go to our website at https://AmericanDemocracyMinute.orgToday's LinksArticles & Resources:U.S. Congress – Text of H.R.7296 – SAVE America ActCampaign Legal Center - What You Need to Know About the SAVE ActBrennan Center for Justice – Letter to U.S. Senators Opposing the SAVE America Act, S. 1383 Salt Lake Tribune - Mike Lee's SAVE America Act doesn't have the votesThe Hill - 4 GOP senators vote against adding SAVE America Act to budget packagePresident Donald Trump on Truth Social - "Likewise, the FILIBUSTER - TERMINATE IT NOW!!! "Related ADM Reports:American Democracy Minute - President Trump Ties Ending the Partial Government Shutdown to Passage of the SAVE America Act. The Draconian Voting Bill Still Doesn't Have the Votes.American Democracy Minute - An Amped Up SAVE Act, the SAVE America Act, Passes the U.S. House and Heads to the Senate. Its Restrictions Could Disenfranchise Millions. Groups Taking Action:Declaration for American Democracy, National Coalition for Accessible Voting, AARP, NAACP Legal Defense FundPlease follow us on Facebook, Instagram, and Bluesky Social, and SHARE! Find all of our reports at AmericanDemocracyMinute.orgSubscribe for FREE at Apple Podcasts, Spotify and most podcasting platforms.#NewsAlerts #AmericanDemocracy #SAVEAmericaAct #SAVEAct #VoterSuppression #DonaldTrump #USSenate
Hugh talks with Senators Jon Husted and Tom Cotton, Eliana Johnson, Victorino Matus, Seth Mandel, and Haviv Rettig Gur.See omnystudio.com/listener for privacy information.
Hugh discusses the conflict with Iran, the Senate reconciliation bill, and talks with Mary Katharine Ham, Noah Rothman of National Review, Washington Examiner's Sarah Bedford, Jonathan Williams of ALEC, Mark Dubowitz from FDD, Alex Gray of American Global Strategies, former Senator Jim Talent, and Sarah Isgur, author of "Last Branch Standing."See omnystudio.com/listener for privacy information.
Hannah Davis of F.A.I.R. (Federation for American Immigration Reform) says this bill will br tough to pass but can be done if there aren't a lot of attachments to it
Our Public Policy Strategists Michael Zezas and Ariana Salvatore break down key moves from the White House, U.S. Congress and Supreme Court that could influence markets 2026.Read more insights from Morgan Stanley.----- Transcript -----Michael Zezas: Welcome to Thoughts on the Market. I'm Michael Zezas, Global Head of Fixed Income Research and Public Policy Strategy.Ariana Salvatore: And I'm Ariana Salvatore, U.S. Public Policy Strategist.Michael Zezas: Today we'll be talking about the outlook for U.S. public policy and its interaction with markets into 2026.It's Wednesday, December 17th at 10:30am in New York.So, Ariana, we published our year ahead outlook last month. And since then, you've been out there talking to clients about U.S. public policy, its interaction with markets, and how that plays into 2026. What sorts of topics are on investors' minds around this theme?Ariana Salvatore: So, the first thing I'd say is clients are definitely interested in our more bullish outlook, in particular for the U.S. equity market. And normally we would start these conversations by talking through the policy variables, right? Immigration, deregulation, fiscal, and trade policy. But I think now we're actually post peak uncertainty for those variables, and we're talking through how the policy choices that have been made interact with the outlook.So, in particular for the equity market, we do think that some of the upside actually is pretty isolated from the fact that we're post peak uncertainty on tariffs, for example. Consumer discretionary – the double upgrade that our strategists made in the outlook has very little to do with the policy backdrop, and more to do with fundamentals, and things like AI and the dollar tailwind and all of all those factors.So, I think that that's a key difference. I would say it's more about the implementation of these policy decisions rather than which direction is the policy going to go in.Michael Zezas: Picking up on that point about policy uncertainty, when we were having this conversation a year ago, right after the election, looking into 2025, the key policy variables that we were going to care about – trade, fiscal policy regulation – there was a really wide range of plausible outcomes there.With tariffs, for example, you could make a credible argument that they weren't going to increase at all. But you could also make a credible argument that the average effective tariff rate was going to go up to 50 or 60 percent. While the tariff story certainly isn't over going into 2026, it certainly feels like we've landed in a place that's more range bound. It's an average effective tariff rate that's four to five times higher than where we started the year, but not nearly as high as some of the projections would have. There's still some negotiation that's going on between the U.S. and China and ways in which that could temporarily escalate; and with some other geographies as well. But we think the equilibrium rate is roughly around where we're at right now.Fiscal policy is another area where the projections were that we were going to have anything from a very substantial deficit expansion. Tax cuts that wouldn't be offset in any meaningful way by spending cuts; to a fiscal contraction, which was going to be more focused on heavier spending cuts that would've more than offset any tax cuts. We landed somewhere in between. It seems like there's some modest stimulus in the pipe for next year. But again, that is baked. We don't expect Congress to do much more there.And in terms of regulation, listen, this is a little bit more difficult, but regulatory policy tends to move slowly. It's a bureaucratic process. We thought that some of it would start last year, but it would be in process and potentially hit next year and the year after. And that's kind of where we are.So, we more or less know how these variables have become something closer to constants, and to your point, Ariana now it's about observing how economic actors, companies, consumers react to those policy choices. And what that means for the economy next year.All that said, there's always the possibility that we could be wrong. So, going back to tariffs for a minute, what are you looking at that could change or influence trade policy in a way that investors either might not expect or just have to account for in a new way?Ariana Salvatore: So, I would say the clearest catalyst is the impending decision from the Supreme Court on the legality of the IEEPA tariffs. I think on that front, there are really two things to watch. The first is what President Trump does in response. Right now, there's an expectation that he will just replace the tariffs with other existing authorities, which I think probably should still be our base case. There's obviously a growing possibility, we think, that he actually takes a lighter touch on tariffs, given the concerns around affordability. And then the second thing I would say is on the refunds piece. So, if the Supreme Court does, in fact, say that the Treasury has to pay back the tariff revenue that it's collected, we've investigated some different scenarios what that could look like. In short, we think it's going to be dragged out over a long time period, probably six months at a minimum. And a lot of this will come down to the implementation and what specifically Treasury and CBP, its Customs and Border Protection, sets up to get that money back out to companies.The second catalyst on the trade front is really the USMCA review. So, this is an important topic because it matters a lot for the nearshoring narrative, for the trade relationship that the U.S. has with Mexico and Canada. And there are a number of sectors that come into scope. Obviously, Autos is the clearest impact.So, that's something that's going to happen by the middle of next year. But early in January, the USTR has to give his evaluation of the effectiveness of the USMCA to Congress. I think at that point we're going to start to see headlines. We're going to go start to see lawmakers engage more publicly with this topic. And again, a lot at stake in terms of North American supply chains. So that's going to be a really interesting development to keep an eye on next year too.Michael Zezas: So, what about things that Congress might do? Recently the President and Democrats have been talking about the concept of affordability in the wake of some of the off-cycle elections, where that appeared to influence voter behavior and give Democrats an advantage. So are there policies, any legislative policies in particular, that might come to the forefront that might impact how consumers behave?Ariana Salvatore: So a really important starting point here is just on the process itself, right? So, as we've said, one of the more reliable historical priors is that it's difficult to legislate during election years. That's a function of the fact that lawmakers just aren't in D.C. as often. You also have limited availabilities in terms of procedure itself because Republicans would have to probably do another Reconciliation Bill unless you get some bipartisan support.But hitting on this topic of affordability, there really are a few different things on the table right now. Obviously, the President has spoken about these tariff dividend checks, the $2,000. They've spoken about making changes on housing policy, so housing deregulation, and then the third is on these expanded ACA subsidies.Those were obviously the crux of the government shutdown debate. And for a variety of reasons, I think each of these are really challenging to see moving over the finish line in the coming months. We think that you would need to see some sort of exogenous economic downturn, which is not currently in our economists' baseline forecast, to really get that kind of more reactive fiscal policy.And because of those procedural constraints, I would just go back to the point we were saying earlier around tariff policy and maybe the Supreme Court decision, giving Trump this opportunity to pull back a little bit. It's really the easiest and most available policy lever he has to address affordability. And to that point, the administration has already taken steps in this direction. They provided a number of exemptions on agricultural products and said they weren't going to move forward with the Section 232 tariffs on semiconductors in the very near term. So, we're already seeing directionally, I would say, movement in this area.Michael Zezas: Yeah. And I think we should also keep our eye on potential legislation around energy exploration. This is something that in the past has had bipartisan support loosening up regulations around that, and it's something that also ties into the theme of developing AI as a national imperative. That being said, it's not in our base case because Democrats and Republicans might agree on the high points of loosening up regulations for energy exploration. But there's a lot of disagreements on the details below the surface.But there's also the midterm elections next year. So, how do you think investors should be thinking about that – as a major catalyst for policy change? Or is it more of the same: It's an interesting story that we should track, but ultimately not that consequential.Ariana Salvatore: So obviously we're still a year out. A lot can change. But obviously we're keeping an eye on polling and that sort of data that's coming in daily at this point. The historical precedent will tell you that the President's party almost always loses seats in a midterm election. And in the House with a three-seat majority for Republicans, the bar's actually pretty low for Democrats to shift control back. In the Senate, the map is a little bit different. But let's say you were to get something like a split Congress, we think the policy ramifications there are actually quite limited. If you get a divided government, you basically get fiscal gridlock. So, limits to fiscal expansion, absent like a recession or something like that – that we don't expect at the moment. But you really will probably see legislation only in areas that have bipartisan support.In the meantime, I think you could also expect to see more kind of political fights around things like appropriations, funding the government, the debt ceiling that's typical of divided governments, unless you have some area of bipartisan support, like I said. Maybe we see something on healthcare, crypto policy, AI policy, industrial policy is becoming more of the mainstream in both parties, so potentially some action there.But I think that's probably the limit of the most consequential policy items we should be looking out for.Michael Zezas: Right, so the way I've been thinking about it is: No clear new policies that someone has to account for coming out of the midterms. However, we definitely have to pay attention. There could be some soft signals there about political preferences and resulting policy preferences that might become live a couple years down the line after we get into the 2028 general elections – and the new power configuration that could result from that.So – interesting, impactful, not clear that there'll be fundamental catalysts. And probably along the way we should pay attention because markets will discount all sorts of potential outcomes. And it could get the wrong way on interpreting midterm outcomes, which could present opportunities. So, we'll certainly be tracking that throughout 2026.Ariana Salvatore: Yeah. And if you think about the policy items that President Trump has leaned on most heavily this year and that have mattered for markets, there are things in the executive branch, right? So, tariff policy obviously does not depend on Congress. Deregulation helps if you have fundamental backing from Congress but can occur through the executive agencies. So, to your point, less to watch out for in terms of how it will shift Trump's behavior.Michael Zezas: Well, Ariana, thanks for taking the time to talk.Ariana Salvatore: Always great speaking with you, Michael.Michael Zezas: And to our audience, thanks for listening. If you enjoy thoughts on the Market, please leave us a review and tell your friends about the podcast. We want everyone to listen.
Government Shutdown Update Sens. Scott, Gillibrand Release Report on Generic Supply Chain Lawmakers Comment on Medicaid Cuts, Changes Democrat Committee Leaders Raise Concerns About TrumpRx New CBO Estimate of Reconciliation Bill's Orphan Drug Provision Alicia Jackson Sworn in as ARPA-H Director and more...
Did you know that one in five children in the U.S. receives food assistance? Join Food Sleuth Radio host and Registered Dietitian, Melinda Hemmelgarn for her conversation with Joseph Llobrera, PhD, Director of Research for the Food Assistance Team at the Center for Budget and Policy Priorities. Llobrera discusses low-wage workers who depend on SNAP, and the far-reaching economic and health impacts of cuts to both food assistance and health care in the GOP's Budget Reconciliation Bill. ImpactsRelated Websites: https://www.cbpp.org/sites/default/files/5-29-25sfp-factsheets_rev8-1-25-national.pdf
President Donald Trump on July 4 approved multi-trillion-dollar reconciliation legislation that enacts sweeping reforms to various tax credits, including the low-income housing tax credit (LIHTC). In this week's episode of Tax Credit Tuesday, Michael Novogradac, CPA, and Dirk Wallace, CPA, review various provisions included in the legislation and discuss how the bill will impact LIHTC developers, syndicators and investors. They begin by talking about the change from the 50% financed-by test to 25%, then explain the 12% increase in the supply of 9% LIHTCs and the return of 100% bonus depreciation. They assess the impact that phasing out the Section 45L credit will have on LIHTC developments. Finally, they discuss additional key legislative items that were not included in the bill.
In the second episode of this series, Dr. Andy Southerland discusses the latest Capitol Hill Report, breaking down what a reconciliation bill is and why it matters. Stay updated with what's happening on the hill by visiting aan.com/chr. Learn how you can get involved with AAN advocacy.
California's small farmers are used to tough seasons. But this year, they're not just battling drought or the rising costs of maintaining their farms. Small farmers say President Trump's reconciliation bill could make it even harder to stay in business. Reporter: Madi Bolanos, The California Report More dads in California are taking paid leave to care for a new child. Reporter: Elly Yu, LAist Transgender rights advocates are pushing back against a federal lawsuit filed Wednesday, contesting a California law that protects trans athletes. Learn more about your ad choices. Visit megaphone.fm/adchoices
Building out the electricity grid was traditionally a predictable and straightforward business. Now it's like trying to land a jet on a moving aircraft carrier in the dark. That's a quote from this week's guest Quinn Nakayama. He's the senior director of Grid Research and Innovation at Pacific Gas & Electric (PG&E). He joins host Ed Crooks and regular guest Amy Myers Jaffe to discuss how California is dealing with all the uncertainty created by new demands being placed on the grid: variable renewable generation, electric vehicles, data centers, and more. Quinn refers to the fast-changing electricity system of today as the ‘crazy grid', because so many things are happening at once. Wind and solar power create new challenges for grid stability, while batteries and demand response offer new solutions. Electric vehicles, following mandates from the state of California and other governments around the world, create new patterns of electricity consumption. The latest breakthroughs in AI are creating a surge in power demand from data centers. And those advances in AI are also opening up new possibilities for grid management. Planning is harder than ever. Are Virtual Power Plants (VPPs) an important solution? Amy, Ed and Quinn debate their effectiveness; these tools are helpful, but they can't solve everything. Large loads such as data centers still need major upgrades to wires and substations. But with a high penetration of electric vehicles, California is working on smart tech that makes it easier to install EV chargers without expensive upgrades. PG&E is also exploring faster ways to connect large users, such as allowing temporary solutions until new lines are built. Despite the range of innovations that are available, and the exciting rate of progress in new technologies, the US risks falling behind other countries. Quinn and Amy warn that cuts in support for clean energy and EVs could lead to the US losing out to China, which is investing heavily in these technologies. The Reconciliation Bill that was signed into law last week included abrupt curtailments of tax credits for wind and solar power. So what is the right way forward for the grid? For the electricity system to meet the fast-evolving demands of the modern world, it needs everything: more energy, more flexibility, and faster action. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Donald Trump's grotesque spending bill would vastly expand the federal government's immigration enforcement machinery and supercharge the president's plan to carry out the largest deportation campaign in US history by funneling $170bn to ICE. Join this channel for exclusive access and bonus content: https://www.youtube.com/channel/UCkbwLFZhawBqK2b9gW08z3g/join Five Minute News is an Evergreen Podcast, covering politics, inequality, health and climate - delivering independent, unbiased and essential news for the US and across the world. Visit us online at http://www.fiveminute.news Follow us on Bluesky https://bsky.app/profile/fiveminutenews.bsky.social Follow us on Instagram http://instagram.com/fiveminnews Support us on Patreon http://www.patreon.com/fiveminutenews You can subscribe to Five Minute News with your preferred podcast app, ask your smart speaker, or enable Five Minute News as your Amazon Alexa Flash Briefing skill. Please subscribe HERE https://www.youtube.com/channel/UCkbwLFZhawBqK2b9gW08z3g?sub_confirmation=1 CONTENT DISCLAIMER The views and opinions expressed on this channel are those of the guests and authors and do not necessarily reflect the official policy or position of Anthony Davis or Five Minute News LLC. Any content provided by our hosts, guests or authors are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything, in line with the First Amendment right to free and protected speech. Learn more about your ad choices. Visit megaphone.fm/adchoices
Senate passes the budget reconciliation bill, also called the One Big Beautiful Bill, containing President Donald Trump and Congressional Republicans' domestic agenda of tax cuts, spending cuts and more money for border security and defense, by a 51-50 vote, with Vice President JD Vance breaking the tie. Sen Lisa Murkowski (R-AK) provided the necessary 'yes' vote for passage after negotiating last-minute changes on health care and food aid; Federal Reserve Chair Jerome Powell confirms that the Fed would have cut interest rates this year had it not been for President Trump's 'Liberation Day' high tariffs, whose impact on inflation is still uncertain; Secretary of State Marco Rubio meets with the foreign ministers of Australian, India & Japan, the so-called Quad, as tariffs and trade talks continue with those allies; President Trump visits a new immigrant detention center a remote area of the Florida Everglades dubbed Alligator Alcatraz and says it could be a model for similar facilities to increase deportations. Learn more about your ad choices. Visit megaphone.fm/adchoices
Another morning of record highs on the S&P and Nasdaq – Sara Eisen, David Faber, and Wilfred Frost broke down the latest for stocks ahead of a big week for data and fresh news on the tariffs front. Trivariate's Adam Parker joined the team with his top picks – and why he'd bet on financials and health care here. Plus: Apollo's Chief Economist Torsten Slok discussed his outlook into the 2nd half as he argues stagflation remains a worry here. Also in focus: the Senate in the middle of a marathon session to pass the President's tax and spending megabill – NEC Director Kevin Hasset joined the team for a wide ranging interview spanning his key takeaways, the impact for energy, and recent comments around Fed Chair Powell's replacement... And the team discussed clean energy's biggest winners and losers as they move big on a potential new tax tied to China within the bill – and sooner-than-expected roll-back of credits for the industry. Plus: what the street's saying about Circle's massive post-debut rise… And the CEO of IMAX – breaking down Apple's biggest box office debut *ever*: F1 the movie, along with how demand is holding up for the summer box office.
Today Mark and Paul Markel, Student of the Gun discuss the recent move by the US Senate parliamentarian to remove the suppressor and SHORT act from the Trump reconciliation bill. What process does that leave for the US Senate and House to move the bill forward with both measures intact to stop the NFA of these unconstitutional infringements on our right to bear arms. Also, the ATF was in the crosshairs again today as DOGE has been instructed to remove up to 50 unconstitutional regulations that hinder American's right to keep and bear arms. 2a, second amendment, tax stamp, NFA, National firearms act, gun control, gun rights, NRA, ATF, attorneys on retainer, gun control, US senate, One big beautiful bill, Trump, reconciliations bill,
Watch this episode on YouTube here! There are just nine days until July 4, but there's a problem — It seems like lots of Republicans loathe the GOP's massive reconciliation bill. Anna and Jake discuss the complaints spanning the party's ideological spectrum. Plus, can OMB Director Russ Vought convince skeptical GOP senators to back his controversial $9.4 billion rescissions package, or will his cuts to public broadcasting and foreign aid derail the plan? Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, we've looked at the budget reconciliation bill and its effects on student debt, taxes, health care and social programs. The bill is currently moving through the Senate. Today, we discuss the reconciliation bill and the national deficit. And we dig into other proposals such as AI regulation ban and private foundation taxes. Plus, we play a special budget round of Half Full/Half Empty.Here's everything we talked about today:“AI moratorium sparks GOP battle over states' rights” from The Hill“Introduction to Budget “Reconciliation” from The Center on Budget and Policy Priorities“One, Big, Beautiful Bill: Impact on Philanthropy” from Council on Foundations“Senate Judiciary Unveils Its Own Plan To Curtail Court Orders” from CATO Institute“Parliamentarian rulings would kill key climate provisions in GOP megabill” from PoliticoGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
This week, we've looked at the budget reconciliation bill and its effects on student debt, taxes, health care and social programs. The bill is currently moving through the Senate. Today, we discuss the reconciliation bill and the national deficit. And we dig into other proposals such as AI regulation ban and private foundation taxes. Plus, we play a special budget round of Half Full/Half Empty.Here's everything we talked about today:“AI moratorium sparks GOP battle over states' rights” from The Hill“Introduction to Budget “Reconciliation” from The Center on Budget and Policy Priorities“One, Big, Beautiful Bill: Impact on Philanthropy” from Council on Foundations“Senate Judiciary Unveils Its Own Plan To Curtail Court Orders” from CATO Institute“Parliamentarian rulings would kill key climate provisions in GOP megabill” from PoliticoGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today, we take a deep dive into the provisions affecting small businesses and taxes in the “One Big Beautiful Bill,” which aims to enact President Donald Trump's agenda. The bill passed the U.S. House of Representatives in May, and the U.S. Senate released its proposed version of the bill on Monday. The Senate's draft upheld many policies from the House of Representative's version, including cuts to the Supplemental Nutrition Assistance Program. We explain how the ripple effects of those cuts could affect small businesses such as grocery stores and farmers. Also, we dig into the implications of the Senate's proposal to make permanent several business tax breaks. Here's everything we talked about today: “Here's what's in the Senate GOP's version of Trump's ‘big, beautiful bill'" from The Hill“Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump's big bill” from The Associated Press“Tax Cuts and Jobs Act: A comparison for businesses” from the Internal Revenue Service“The Farm Safety Net: A Closer Look at ARC and PLC” from the National Sustainable Agriculture CoalitionGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today, we take a deep dive into the provisions affecting small businesses and taxes in the “One Big Beautiful Bill,” which aims to enact President Donald Trump's agenda. The bill passed the U.S. House of Representatives in May, and the U.S. Senate released its proposed version of the bill on Monday. The Senate's draft upheld many policies from the House of Representative's version, including cuts to the Supplemental Nutrition Assistance Program. We explain how the ripple effects of those cuts could affect small businesses such as grocery stores and farmers. Also, we dig into the implications of the Senate's proposal to make permanent several business tax breaks. Here's everything we talked about today: “Here's what's in the Senate GOP's version of Trump's ‘big, beautiful bill'" from The Hill“Senate Republicans seek tougher Medicaid cuts and lower SALT deduction in Trump's big bill” from The Associated Press“Tax Cuts and Jobs Act: A comparison for businesses” from the Internal Revenue Service“The Farm Safety Net: A Closer Look at ARC and PLC” from the National Sustainable Agriculture CoalitionGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Every day this week, we're going to take a closer look at the “One Big Beautiful Bill,” which aims to enact President Donald Trump's agenda. It proposes a tax cut and increased spending for border security and the military. It also includes cuts to health, nutrition, education and clean energy programs. Today, we explain the rules around what provisions can go into reconciliation bills, and where the bill currently stands in the legislation process now. Plus, we answer questions from listeners on how the bill could affect their student loans and access to higher education.Here's everything we talked about today:“Senate sidesteps parliamentarian, widens reach of CRA” from Roll Call“Republicans face critical week on Trump megabill” from The Hill“The Senate is assessing the "Big Beautiful Bill" line by line to eliminate non-budgetary measures” from Marketplace“Senate Republican education plan may trigger ‘avalanche of student loan defaults,' expert says” from CNBCGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Every day this week, we're going to take a closer look at the “One Big Beautiful Bill,” which aims to enact President Donald Trump's agenda. It proposes a tax cut and increased spending for border security and the military. It also includes cuts to health, nutrition, education and clean energy programs. Today, we explain the rules around what provisions can go into reconciliation bills, and where the bill currently stands in the legislation process now. Plus, we answer questions from listeners on how the bill could affect their student loans and access to higher education.Here's everything we talked about today:“Senate sidesteps parliamentarian, widens reach of CRA” from Roll Call“Republicans face critical week on Trump megabill” from The Hill“The Senate is assessing the "Big Beautiful Bill" line by line to eliminate non-budgetary measures” from Marketplace“Senate Republican education plan may trigger ‘avalanche of student loan defaults,' expert says” from CNBCGot a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Today on Inevitable, we're joined by three guests to focus on the clean energy tax provisions currently at risk in the Congressional budget reconciliation process—what's being called the One Big Beautiful Bill. This is our second episode on this topic this week. Our guests are Jeremy Harrell, CEO at the right-of-center clean energy policy firm ClearPath; Spencer Nelson, Director of Federal Affairs at Form Energy; and Vikrum Aiyer, Head of Global Public Policy and External Affairs at Heirloom.The goal of this conversation is to get to the root of the proposed changes in the legislation passed by the House and now under consideration in the Senate. We also explore which amendments are on the table and how those of us working in climate and energy innovation can help influence the outcome.In this episode, we cover: [01:06] Why this bill matters for climate tech[03:19] Jeremy's background in conservative energy policy[04:08] Spencer on Form's long-duration batteries[05:40] Vikrum explains Heirloom's DAC technology[08:44] What the reconciliation process actually means[13:42] Why the FEOC rule could block progress[17:41] Why startups need credit transferability[25:01] 60-day window threatens new projects[27:36] What's at stake for solar and storage[31:32] Energy cost risks if credits vanish[35:42] How founders and VCs can take action[41:56] Tips for contacting your senator directlyEpisode recorded on June 6, 2025 (Published on June 12, 2025) Enjoyed this episode? Please leave us a review! Share feedback or suggest future topics and guests at info@mcj.vc.Connect with MCJ:Cody Simms on LinkedInVisit mcj.vcSubscribe to the MCJ Newsletter*Editing and post-production work for this episode was provided by The Podcast Consultant
The House of Representatives' budget reconciliation plan, backed by President Trump, is headed to the Senate. The bill touched on nearly every aspect of President Trump's agenda, which Senate Leader John Thune hopes to have passed by July 4, 2025. The budget bill passed through the House with a slim majority, which concerns some Americans that it may face restraint in the Senate. U.S. Senator Katie Britt (R-AL) joins the Rundown to discuss the Senate's work on President Trump's reconciliation bill and Republicans' efforts to cut taxes, reduce spending, and create more U.S. jobs. She also describes her own bipartisan bill, which aims to improve childcare affordability and help parents re-enter the workforce. Not many people can say they've climbed to the top of Mount Everest, but FOX News Correspondent Mike Tobin can. Making it to the top is extremely dangerous and requires peak physical abilities. Mike joins the podcast to discuss the accomplishment, why he decided to climb Mount Everest, and what it was like to reach the top. Plus, commentary from Chief National Initiatives Officer at the Texas Public Policy Foundation, Chuck DeVore. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In a roughly $1 billion deal, Roark Capital has added Dave's Hot Chicken to its portfolio of Auntie Anne's, Subway, and Dunkin'. CEO of the chicken chain Bill Phelps recounts the company's journey from folding tables in a parking lot to hundreds of locations around the world. The reconciliation bill has moved from the House to the Senate; Senator Markwayne Mullin (R-Oklahoma) serves as the legislation's liaison between both branches of Congress and the White House, and he's confident that the Senate's changes to the bill will remain cosmetic, rather than structural. Plus, a moment from Squawk Box made it to the Oval Office, and the state of trade and tariffs is still in flux. Mike Santelli - 15:12Sen. Markwayne Mullin - 21:05Bill Phelps - 34:14 In this episode:Markwayne Mullin, @SenMullinBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
(0:00) Friedberg and Chamath welcome Senator Ron Johnson (2:30) The Reconciliation Bill process, how much the Big, Beautiful Bill will add to the national debt (14:33) Problems with growing our way out of debt, why elected officials are avoiding the fiscal reality (24:53) Energy rescissions, future of DOGE (32:09) How Senator Johnson will force a real review of the Big, Beautiful Bill; future of MAGA and the Conservative movement (54:15) Next steps if the Big, Beautiful Bill passes (58:35) Post-interview recap Follow Senator Johnson: https://x.com/RonJohnsonWI Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
Editors' Picks:Rich: Abigail Anthony's piece "Battle of the Shiloh Hendrix Fundraisers"Charlie: Dan McLaughlin's post “R.I.P. David Souter, the Last of His Kind”MBD: Jim's Morning Jolt “A New Pope, Made in America"Dominic: Noah Rothman “The Poseur”Light Items:Rich: BLTsCharlie: Rebuilding his grillMBD: Good fountain pensDominic: Apartment huntingSponsors:MoinkFastGrowingTreesThis podcast was edited and produced by Sarah Colleen Schutte.
So much about Republicans' reconciliation package is still undecided even though the GOP leadership says they've been working on it for more than six months. Plus, a bipartisan group of House members are eyeing a congressional stock-trading ban. Want more in-depth daily coverage from Congress? Subscribe to our free Punchbowl News AM newsletter at punchbowl.news. Learn more about your ad choices. Visit megaphone.fm/adchoices
In part one of Red Eye Radio with Gary McNamara and Eric Harley, we begin with discussion of the budget issues and Amazon's estimated tariff amounts (more of a scare than anything). Also an update on Spain's power outage, the first 100 days of President Trump, examples of being scammed, Chuck Shumer's 100 days of hell narrative and much more. For more talk on the issues that matter to you, listen on radio stations across America Monday-Friday 12am-5am CT (1am-6am ET and 10pm-3am PT), download the RED EYE RADIO SHOW app, asking your smart speaker, or listening at RedEyeRadioShow.com. Learn more about your ad choices. Visit podcastchoices.com/adchoices
In this conversation, Senator Rick Scott discusses the recent accountability measures in the Trump administration, the challenges of balancing the federal budget, and the ongoing conflict in Ukraine. He emphasizes the need for transparency and accountability in government, critiques Mitch McConnell's leadership, and shares his optimism about the upcoming midterm elections and legislative strategies, including the reconciliation bill. The Truth with Lisa Boothe is part of the Clay Travis & Buck Sexton Podcast Network - new episodes debut every Tuesday & Thursday. For more about Senator Rick Scott CLICK HERE Follow Lisa on X #accountability #federalbudget #Ukraine #transparency #MitchMcConnell #reconciliationbill #midtermelections #Trump See omnystudio.com/listener for privacy information.
Today, I offer everything you need to know about the House budget reconciliation proposal. It will blow a massive hole in the deficit, exacerbate inflation, provide Democrats with a good campaign message, and leave us with no accomplishments. Instead, I lay out a vision of what Trump should do with welfare reform, ending foreign worker programs, cutting all global warming regulations, repealing Obamacare, and using the tax code to reform health care. Trump is uniquely suited to use the bully pulpit and message transformational change. If we fail to take this approach, we are doomed to a life of crushing, unaffordable prices. Learn more about your ad choices. Visit megaphone.fm/adchoices
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