POPULARITY
Categories
Chris Whalen breaks down Trump's “Big Beautiful Bill,” rising tensions over tariffs, the growing debate between gold and Bitcoin, and why America's exploding debt could trigger major consequences. We also explore inflation, reserve currency status, the Fed's future, and what investors should be watching in 2025. Buy Chris' New Book: https://a.co/d/bY08A6d ______________________________________________ Learn More About BetterWealth: https://betterwealth.com ==================== DISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice. Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.
Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com
Expert Tax Strategist Karlton Dennis @karltondennis breaks down advanced write-off strategies, IRS audit protection, Trump's latest tax updates and potential tax cuts, crypto & bitcoin taxes, depreciation, and more! Karlton also reacts to some of the best and worst tax advise on the internet including responding to Jasmine DiLucci's tough criticism of him. Check out Karlton's channel: @karltondennis Want a Free Tax Strategy Review? Book a Call Here: https://betterwealth.com Chapters00:00 Intro00:10 Understanding Tax Preparation vs. Tax Planning03:03 Tax Cuts and Jobs Act06:01 Bonus Depreciation and Its Implications08:17 Evaluating Trump's First 100 Days16:16 Navigating Deductions and Credits18:41 The Importance of Tax Strategy25:36 Difference of Tax Preparation and Tax Planning27:28 Exploring Tax Credits28:50 R&D Tax Credits and Their Benefits35:00 Tax Strategies37:32 Cryptocurrency Taxation Insights40:16 Future of Cryptocurrency43:06 Government Regulation and Cryptocurrency44:06 Reacting to Viral Tax Videos51:07 Basic Tax Strategies for Young Investors56:31 Debate on 401(k) and Tax Deferral Strategies01:00:03 Responding to Jasmine DiLucci's Strong Reaction to KarltonDISCLAIMER: https://bttr.ly/aapolicy*This video is for entertainment purposes only and is not financial or legal advice.Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.
In this episode of The P.A.S. Report, Professor Nick Giordano breaks down the “One Big Beautiful Bill” that just passed the House and now goes to the Senate through budget reconciliation. While the bill offers some middle-class tax relief, work requirements, and border enforcement, it fails on fiscal responsibility, limited government, and bureaucratic overreach. Professor Giordano exposes how the bill expands federal power, increases spending, and continues rewarding the same agencies that have abused their authority. He makes it clear that real reform is essential and getting back to the principles of fiscal responsibility and limited government is the real way to usher in the next golden age of America. Episode Highlights: Why Congress hasn't passed a real budget since 1997 and how reconciliation is being abused The good: No tax on tips or overtime, Trump tax cuts extended, border wall funded, work requirements imposed for some entitlement programs like Medicaid and SNAP The bad and ugly: Debt ceiling hike with no reform, departments and agencies continue to see funding increases, and continued bureaucratic bloat
Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com
Is Rep. Ro Khanna (D-Calif.) the next Democrat nominee for president? He and Glenn debate due process, border policy, deportation, and Trump. But they agree on the U.S. Constitution, Bill of Rights, nuclear energy, cuts to the defense budget, and revitalizing American manufacturing. Rep. Khanna contends that the “administrative state has played a constructive role” and explains why he is proud of the “Inflation Reduction Act” before questioning the impact of Elon Musk's efforts with the DOGE and laying out his plan to tackle U.S. debt, including taxing the billionaires in his own district, which includes Silicon Valley. Glenn is “pushing for Congress to take their power back,” and Ro Khanna hopes artificial intelligence will help “reindustrialize the country” to “help us lead against China.” While not reaching a consensus on topics like universal basic income, shutting down USAID, or progressive economic reform, they both agree that “we need more conversations in this country.” GLENN'S SPONSORS Relief Factor Relief Factor can help you live pain-free! The three-week quick start is only $19.95. Visit https://www.relieffactor.com/ or call 800-4-RELIEF. American Financing American Financing can show you how to put your hard-earned equity to work and get you out of debt. Dial 800-906-2440, or visit https://www.americanfinancing.net. Learn more about your ad choices. Visit megaphone.fm/adchoices
In the middle of the night, the House narrowly passes Trump's "Big Beautiful Bill," a witch's brew of tax cuts for the wealthiest and benefit cuts for the neediest, sending it on to the Senate. Jon and Dan talk about what Democrats can do to stop the bill—and the upside of Republicans passing something so massively unpopular, Trump's "white genocide" show-and-tell for South African President Cyril Ramaphosa, and the damning new data showing why Kamala Harris lost the 2024 presidential election. Then, Dan talks with Rep. LaMonica McIver about getting slapped with criminal charges by Trump's Justice Department, and what it means for the executive branch to be targeting legislators for doing their job.
Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com
One Big Beautiful Bill will starve a large portion of Trump's MAGA base. The King of Debt, Trump, will turn America into Argentina. GOP tax cuts do not pay for themselves. It's theft.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE
Marc Cox is joined by Jason Law, Mayor of Lake St. Louis and candidate for St. Charles County Executive, to discuss his push to eliminate Missouri's outdated vehicle emissions testing program. With only 1–2% of vehicles failing—mainly due to loose gas caps—Law questions the $115 million annual cost to taxpayers. They also talk about his success in lowering taxes and crime in Lake St. Louis, his opposition to personal property tax, and the possibility of legislative backing from Congressman Bob Under.
Last week, House Republicans advanced a multitrillion-dollar tax and spending bill that could affect millions of American households. With the 2017 Tax Cuts and Jobs Act set to expire at the end of the year, this bill aims to make several key provisions permanent.Join Chris Galeski and Beau Wirick as they unpack what's in the bill, who it benefits, and what it means for the broader economy. Note: This episode was filmed on May 22nd, 2025.Tune in if you're interested in the following:• How the bill could affect your income and estate taxes in 2025 and beyond• What the proposed $3.8 trillion in tax cuts and $1 trillion in spending cuts mean for the national debt• Why this legislation matters for estate planners, retirees, and middle-income households• What's next as the bill heads to the Senate—and how fast things could move
Thank you Roxy Morgan, Callie
Legislators pushing toward the end of the legislative session send to governor a state appropriations and tax cut agreement and bill changing how citizens can make laws.
A massive tax and spending bill has just been passed by the US House of Representatives. The so-called mega-bill would extend tax cuts from President Donald Trump's first term, end taxes on tips, and increase military and border spending.The sportwear giant Nike is raising prices - but how much of it is down to the global tariff situation, and how much is down to other difficulties in the company?And we look at the Japan's economy - why the price of rice is increasing and how it is affecting Japanese businesses?You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033.
How bad is the Big Beautiful Bill? It should be renamed the Big Working Class Theft Bill. It robs the working class' money, gives it to the rich, slashes Medicaid/healthcare, & explodes the deficit.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE
Republican lawmakers in the House of Representatives in Washington on Wednesday appeared closer to finding common ground on new tax bill which will enact sweeping tax cuts. That news has jolted US bond and stock markets on the assumption that it could add trillions of dollars to the national debt and affect the government's creditworthiness. Also, Nvidia CEO calls US semiconductor export controls a failure.
A daily non-partisan, conversational breakdown of today's top news and breaking news stories Headlines: – Welcome To Mo News (02:00) – Trump Pressures House GOP To Fall In Line On Tax Cut Bill (06:00) – Israel's Allies Condemn Expansion of Gaza War (16:45) – Trump To Announce $25B Funding for Golden Dome Project (25:20) – New Orleans Jail Employee Arrested, Accused Of Helping Mass Escape of Inmates (27:20)– Home Depot CFO Says Retailer Doesn't Plan To Raise Prices Due To Tariffs (29:40) – Spain Blocks More Than 65,000 Airbnb Holiday Rental Listings (32:00) – How Connected Do Americans Feel To Their Neighbors? (34:10) – On This Day In History (37:00) Thanks To Our Sponsors: – Boll & Branch – 15% off, plus free shipping on your first set of sheets – ZocDoc - Book Top-Rated Doctors – LMNT - Free Sample Pack with any LMNT drink mix purchase – Sonic Power - 20% off | Promo Code: MONEWS – Surfshark - 4 additional months of Surfshark VPN | Code: MONEWS – Industrious - Coworking office. 30% off day pass – Athletic Greens – AG1 Powder + 1 year of free Vitamin D & 5 free travel packs
Alex Lawson, Social Security Works - Are you ready for $500 Billion in Medicare & Medicaid cuts to pay for the Billionaire's Tax Cuts??? Crazy Alert! Rightwingers, believing Russian propaganda designed to cause death in America, are insisting Biden's cancer came from the Covid shot. World news...As Israel starves and destroys GAZA, Orban has a bigger plan to muzzle dissent.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Your daily news in under three minutes. At Al Jazeera Podcasts, we want to hear from you, our listeners. So, please head to https://www.aljazeera.com/survey and tell us your thoughts about this show and other Al Jazeera podcasts. It only takes a few minutes! Connect with us: @AJEPodcasts on Twitter, Instagram, Facebook, Threads and YouTube.
In this episode of ITR Live, Chris Hagenow and John Hendrickson take a deep dive into the proposed federal “Big, Beautiful Bill” —a sweeping tax and budget to extend the 2017 Tax Cuts and Jobs Act (TCJA). They explore what's included, how it could impact Iowa taxpayers, and why federal spending policy is just as important to state-level fiscal decisions as what happens in Des Moines.The episode starts with local stories, including Axios Des Moines' report on housing incentives and Des Moines' call for suburban areas to contribute more to metro affordable housing projects. Chris and John push back on the idea of taxpayer-subsidized development, highlighting how government incentives—whether for low-income housing or luxury projects—distort the free market and fuel property tax frustrations.From there, they shift to the heart of the episode: Trump-era tax cuts are set to expire, and Congress is working on a major package to extend and expand many of those provisions. The bill includes an expanded child tax credit, increases to the standard deduction, and proposed tax exemptions for tips and overtime pay. Chris and John warn that while these carveouts may be politically appealing, they erode the tax base and complicate Iowa's flat tax system due to the state's rolling conformity with federal tax law.They also dissect the politics of the SALT cap debate, a key sticking point among lawmakers from high-tax states, and outline how raising the cap to $40,000 could disproportionately benefit wealthier taxpayers in states like New York and California—undermining the incentive for state-level tax reform.In closing, the hosts emphasize the broader lesson: neither tax relief nor economic growth is sustainable without spending restraint. With the federal government projected to spend nearly $89 trillion over the next 10 years, and only modest cuts proposed, Chris and John preview future ITR Foundation efforts to spotlight the dangers of unchecked national debt—and why every taxpayer, including Iowans, should care.
Alex Lawson, Social Security Works' Executive Director, is on Capitol Hill confronting Reps like Miller-Meeks, who are cutting Medicaid, Medicare, and SNAP while raising tariffs on the working class.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE
Tax Legislation for "One, Big, Beautiful Bill" Brush and Poison Ivy Control Cattle Health Metrics 00:01:05 – Tax Legislation for "One, Big, Beautiful Bill": Roger McEowen, K-State and Washburn law professor, starts the show explaining a recent piece of legislation. He talks about the “One, Big, Beautiful Bill” and what it means for taxpayers, farmers and ranchers. The "One, Big, Beautiful Bill" Tax Legislation - What Now? Roger on AgManager.info 00:12:05 – Brush and Poison Ivy Control: Keeping the show rolling is K-State weed specialist Sarah Lancaster as she discusses how to control buckbrush, roughleaf dogwood, smooth sumac and poison ivy. Control Options for Buckbrush, Roughleaf Dogwood, and Smooth Sumac 00:23:05 – Cattle Health Metrics: The Beef Cattle Institute's Cattle Chat podcast with Brad White, Brian Lubbers, Bob Larson, Phillip Lancaster and guest Logan Thompson end the show as they say what health metric they would like to see measured. BCI Cattle Chat Podcast Bovine Science with BCI Podcast Email BCI at bci@ksu.edu Send comments, questions or requests for copies of past programs to ksrenews@ksu.edu. Agriculture Today is a daily program featuring Kansas State University agricultural specialists and other experts examining ag issues facing Kansas and the nation. It is hosted by Shelby Varner and distributed to radio stations throughout Kansas and as a daily podcast. K‑State Research and Extension is a short name for the Kansas State University Agricultural Experiment Station and Cooperative Extension Service, a program designed to generate and distribute useful knowledge for the well‑being of Kansans. Supported by county, state, federal and private funds, the program has county Extension offices, experiment fields, area Extension offices and regional research centers statewide. Its headquarters is on the K‑State campus in Manhattan
In this episode of Engineering Influence, we delve into the latest findings from the American Council of Engineering Companies Research Institute's Q2 2025 Business Sentiment Survey with Joe Bates. Recorded during the 2025 Convention and Legislative Summit, we explore the current and future economic sentiment within the engineering industry. The survey reveals a softening in economic sentiment, with the lowest industry sentiment reading on record, though still positive. We discuss the crucial themes of uncertainty in political, economic, and legislative landscapes, and highlight actionable steps Congress can take, like extending the Tax Cuts and Jobs Act, to provide stability. Join us as we analyze the pulse of market sectors including data centers and energy utilities, and address challenges such as tariffs and interest rates affecting real estate and infrastructure investment. Learn about the upcoming introduction of mid-quarter updates to track the rapidly evolving business environment.
In this compelling episode of American Potential, host David From welcomes Congressman Jeff Hurd, a freshman lawmaker representing Colorado's vast and beautiful Third Congressional District. Congressman Hurd shares his journey from humble beginnings bagging groceries in Grand Junction to earning law degrees, practicing energy law, and now serving in Congress. Drawing on his experience as a small business owner and father of five, Congressman Hurd discusses how bad energy policy acts as a hidden tax on rural Americans—and why reversing those policies is essential to economic opportunity. He outlines his legislative efforts to return the Bureau of Land Management headquarters to Colorado, promote responsible energy development, and fight for rural families who want to stay, work, and raise their children in the communities they love. The conversation also dives into the importance of making the Tax Cuts and Jobs Act permanent. Congressman Hurd explains how those tax cuts have directly impacted working families and small businesses in his district and why allowing them to expire would be a devastating tax hike on the middle class. From energy independence to economic freedom, Congressman Hurd brings a clear-eyed focus and a personal commitment to building a better future for rural America. Don't miss this inspiring and informative episode.
In this episode of Good Morning Liberty, Nate and Charles dive deep into the controversial 'One Big Beautiful Bill.' They critique the bill's components, including the potential effects of making the Tax Cuts and Jobs Act permanent, Medicaid cuts, and increased spending on Border Patrol and Defense. They also address Moody's downgrade of the US credit rating and discuss the long-term impact of the bill relative to current and future government spending and taxation. Beyond these specifics, the hosts emphasize the need for fiscal responsibility and the challenges politicians face in implementing spending cuts. (00:00) Introduction (01:50) Discussion on the 'One Big Beautiful Bill' (02:43) Moody's Credit Rating Downgrade (04:35) Tax Cuts and Jobs Act Debate (07:03) Projections and Realities of the Bill (18:37) Work Requirements and Social Programs (20:04) Immigration and Border Security Funding (21:24) Defense Spending and Military Quality of Life (22:12) Student Loans and University Endowments (24:18) Fiscal Responsibility and Tax Cuts (25:21) The True Cost of Government Spending (26:08) Interest on Debt and Deficit Projections (29:29) Historical Spending and Taxation Trends (33:13) Political Promises and Fiscal Reality (34:13) Debunking Misconceptions About Tax Increases (35:08) The Need for Spending Cuts and Fiscal Reform (44:12) Proposals for Limiting Government Spending (46:43) The Role of Public Awareness and Action (48:41) Conclusion and Call to Action Links: https://gml.bio.link/ YOUTUBE: https://bit.ly/3UwsRiv RUMBLE: https://rumble.com/c/GML Check out Martens Minute! https://martensminute.podbean.com/ Follow Josh Martens on X: https://twitter.com/joshmartens13 Join the private discord & chat during the show! joingml.com Bank on Yourself bankonyourself.com/gml Get FACTOR Today! FACTORMEALS.com/factorpodcast Good Morning Liberty is sponsored by BetterHelp! Rediscover your curiosity today by visiting Betterhelp.com/GML (Get 10% off your first month) Protect your privacy and unlock the full potential of your streaming services with ExpressVPN. Get 3 more months absolutely FREE by using our link EXPRESSVPN.com/GML
We break down the House GOP's One, Big, Beautiful Bill—a sweeping tax package designed to extend key parts of the 2017 Tax Cuts and Jobs Act before they expire in 2026.Kyle Hulehan is joined by Garett Watson, Director of Policy Analysis at the Tax Foundation, to unpack what's actually in the bill, who benefits the most, and how it could impact the economy, federal revenue, and your taxes.Links: https://taxfoundation.org/blog/house-one-big-beautiful-bill-temporary-tax-policy/https://taxfoundation.org/research/all/federal/big-beautiful-bill-house-gop-tax-plan/https://taxfoundation.org/blog/house-tax-plan-economic-growth-impact-business-tax-permanent/Support the showFollow us!https://twitter.com/TaxFoundationhttps://twitter.com/deductionpodSupport the show
5/20/2025 PODCAST Episodes #1973 - #1975 GUESTS: Todd Sheets, Elaine Parker, Ken Davis, John Eastman + YOUR CALLS! at 1-888-480-JOHN (5646) and GETTR Live! @jfradioshow #GodzillaOfTruth #TruckingTheTruth Want more of today's show? Episode #1973 The Federal Reserve Clown Show; Trump's Tax Cut Bill Episode #1974 America Speaks! Episode #1975 Supreme Court Woes https://johnfredericksradio.libsyn.com/
AP Washington correspondent Sagar Meghani reports President Trump has met with House Republicans as his tax cuts bill teeters near collapse.
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored by CNBC's Jessica Ettinger.
What is in Trump's "Big Beautiful Bill?" Will it fix ithe budget?
Late Sunday night, Trump's “Big Beautiful Bill”cleared an important House Committee. Conservatives that wanted deeper cuts to MedicAid got some changes made that led them toward advancing this massive tax cut and border security package. Speaker Mike Johnson isn't saying what the changes include, calling them minor things. It was a crazy music related weekend for Trump. He posted a video of himself lip syncing Journey's “Don't Stop Believing” and he unleashed verbal attacks on Bruce Springsteen and Taylor Swift. Michael Shure is in for Mark Thompson today. We welcome iHeart Radio and TV political analyst Gary Dietrich to the show to talk politics. The Mark Thompson Show 5/19/25Patreon subscribers are the backbone of the show! If you'd like to help, here's our Patreon Link:https://www.patreon.com/themarkthompsonshowMaybe you're more into PayPal. https://www.paypal.com/donate/?hosted_button_id=PVBS3R7KJXV24And you'll find everything on our website: https://www.themarkthompsonshow.com
Trump's tax cut scam clears another hurdle. Dynastic wealth protected by tax cut scam. Conservative David Frum nails tariffs as the poor paying for the government. Trump is cutting Medicaid, etc., but having a parade?Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE
State Superintendent Ryan Walters calls for more tax cuts.Governor Stitt wants an aluminum smelter in Oklahoma.The Thunder advances to the next level in the playoffs.You can find the KOSU Daily wherever you get your podcasts, you can also subscribe, rate us and leave a comment.You can keep up to date on all the latest news throughout the day at KOSU.org and make sure to follow us on Facebook, Blue Sky and Instagram at KOSU Radio.This is The KOSU Daily, Oklahoma news, every weekday.
Ready for some
Thank you Maria Miller, Lana Foley, and many others for tuning into my live video! Join me for my next live video in the app.* Trump's tax and immigration bill clears hurdle after late-night vote: GOP leaders worked through the weekend to win over fiscal conservatives who voted last week to block Trump's Big Beautiful Bill in committee [More]* Dynastic Wealth of Ultra-Rich Ameri… To hear more, visit egberto.substack.com
Attorney General Pam Bondi is facing criticism for what some see as her operating like President Donald Trump's personal attorney, despite pledging to be independent and vowing to never let politics factor into her decisions during her confirmation hearing. President Trump's tariffs and budget are causing alarm for many states,, forcing The House Budget Committee to try again to pass his "Big Beautiful Bill" after right wing Republicans helped sink it on Friday. Connecticut Gov. Ned Lamont joins The Weekend to discuss the his concerns about the bill.
It's ... Indicators of the Week! Our weekly look at some of the most fascinating economic numbers from the news. On today's episode: Japanese asset buyers make it rain, an iPhone ... powered by the brain?! And, how are we going to pay for these Trump tax cuts? We explain! Related episodes:What's going to happen to the Trump tax cuts? (Apple / Spotify) Slender Starbucks, Medicaid at risk, and the gold card visa (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 Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
In this episode of American Potential, host David From sits down with Congressman August Pfluger—Chairman of the Republican Study Committee, decorated Air Force veteran, and proud seventh-generation Texan—for an in-depth conversation on the path forward for America's economy, energy independence, and national security. Congressman Pfluger discusses why predictability in the tax code is essential for families, entrepreneurs, and innovators alike. As the 2017 Tax Cuts and Jobs Act faces expiration, Pfluger makes the case for why extending—and ideally making permanent—those provisions is not just a matter of policy, but a critical step to preserve America's competitive edge and avoid economic backsliding. He also shares how the Republican Study Committee, now the largest conservative caucus in Congress with 189 members, is working to restore fiscal discipline, protect family-owned farms from devastating inheritance taxes, and ensure American businesses have the confidence to invest and grow. The conversation dives into the real-world impact of smart tax policy, using examples like a small business in rural Ohio that was able to give employees a 40% raise thanks to the Trump tax cuts. Congressman Pfluger also breaks down the growing demand for domestic energy production—driven in part by rising electricity needs from data centers and AI—and why energy security is inseparable from national security. Representing one of the largest and most quintessentially Texan districts in the country, Congressman Pfluger shares what makes his constituents special, why the Permian Basin is a story of American innovation, and what it means to fight for the freedom and opportunity they hold dear. This episode is a must-listen for anyone who wants to understand how principled leadership, clear policy direction, and bold vision can help secure a stronger future for all Americans.
The Rich Zeoli Show- Hour 1: 3:05pm- The Rich Zeoli Show is broadcasting LIVE from The Republican National Lawyers Association's (RNLA) 2025 National Policy Conference & 40th Anniversary Celebration in Washington D.C. 3:10pm- On Friday, Pope Leo XIV delivered an address to the Vatican where he emphasized the importance of protecting unborn children. He also stated that family is “founded upon the stable union between a man and a woman.” 3:15pm- During a business roundtable in Doha, Qatar, President Donald Trump revealed that the domestic investments he has secured while visiting the Middle East could result in as many as 4 million new American jobs and an estimated $3.5 to 4 trillion. As a consequence of his successes overseas and measurable improvements in tariff negotiations, Reuters/ISPOS polling shows the president's net approval rating has surged 7% since the end of April. 3:30pm- On Friday, the House Budget Committee failed to advance a Republican tax and spending bill through the committee vote—with Republican Congressmen Chip Roy, Ralph Norman, Josh Brecheen, Andrew Clyde, and Lloyd Smucker voting no on the measure. The final tally was 16-21. The committee is expected to vote on the bill again late Sunday night. 3:40pm- Carrie Severino—President of Judicial Network—joins The Rich Zeoli Show from The Republican National Lawyers Association's (RNLA) 2025 National Policy Conference in Washington D.C. where she discusses Supreme Court oral argument in Trump v. CASA, Washington, New Jersey which could determine if there are constitutional limitations to birthright citizenship as well as the legality of nationwide injunctions on executive orders via district court judge rulings.
Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com
House Budget Committee votes down the Republican tax cut, spending cut, border and defense Budget Reconciliation, the one they call the One Big Beautiful Bill, after four Republicans join Democrats in voting no; President Donald Trump finishes up his Middle East trip at a business breakfast in the United Arab Emirates, saying UAE could buy advanced computer chips for AI development; Russian & Ukrainian officials hold peace talks in Turkey, with no ceasefire announced. President Trump is asked about his desire to meet with Russian President Vladimir Putin to settle the matter for good; Republican chair of the FCC and a Democratic Commissioner both speaking today at separate events in Washington about the agency's role in preserving freedom of speech, but with very different conclusions about the problems and solutions; C-SPAN's CEO Sam Feist previews a new program coming to C-SPAN this fall called CeaseFire. Learn more about your ad choices. Visit megaphone.fm/adchoices
House Republicans failed Friday to push their big package of tax breaks and spending cuts through the Budget Committee, as a handful of conservatives joined all Democrats in a stunning vote against it.President Donald Trump departed Abu Dhabi on Friday following his tour of the Gulf region. Trump said on Friday the United Arab Emirates and the United States had agreed to create a path for the Gulf country to buy some of the most advanced artificial intelligence semiconductors from U.S. companies. Trump wrapped his Gulf tour of Saudi Arabia, Qatar and the UAE with a pledge by Abu Dhabi to hike the value of its energy investments in the U.S. to $440 billion in the next decade.New Jersey rail engineers walked off the job after marathon contract talks stalled, setting off a strike at a transit system that serves some 350,000 rail passengers a day, including tens of thousands of commuters into New York City. At a Friday press conference, New Jersey Governor Phil Murphy blamed the work stoppage on the union and said, "It did not have to come to this.”
In a major development, Congressman Ralph Norman reveals on 98.9 WORD that the House Freedom Caucus is prepared to block former President Trump's signature legislative push—dubbed the “big beautiful bill”—if core demands are not met, including immediate action on Medicaid reform, codification of Trump-era tax cuts, and removal of illegals from benefit programs. Norman discusses his decision to co-sign a pivotal letter to Speaker Mike Johnson urging Republicans to enshrine the Trump agenda into law, criticizing weak GOP leadership, runaway spending, and judicial overreach. This explosive interview exposes the mounting internal GOP tension, looming threats to the U.S. dollar, and a potential legislative showdown.
Today, we're looking at Prime Minister Mark Carney's Trump-style signing of a middle-class tax cut, a promise new Finance Minister Francois-Phillipe Champagne said would be the Liberals' top priority when Parliament returns on May 26. Plus, Conservative Leader Pierre Poilievre spoke about the importance of pipeline development to Canada's economy and warned Carney's decision to keep climate radical Steven Guilbeault in cabinet was further antagonizing provinces like Alberta and Saskatchewan. And finally, the case of hundreds of ostriches facing a cull order from the Canadian Food Inspection Agency is going viral online. Rebel News reporter Drea Humphrey has been covering the story and is headed to the remote farm.
Thanks to our partner PromotiveIn this episode of Business by the Numbers, Hunt Demarest, CPA of Paar Melis and Associates, explores the details behind what former President Trump is calling the "largest tax cut in U.S. history." What's actually in the proposed bill? Will any of it pass Congress? And most importantly, what could it mean for auto repair shop owners and other small business operators?Hunt unpacks what we know so far, what's still uncertain, and how business owners can start thinking strategically. From potential expansions of the Child Tax Credit and QBI deduction to the controversial proposals of eliminating taxes on tips, overtime, and Social Security, this episode covers the key elements that matter most.Whether you're looking to stay informed or proactively plan for future changes, this episode offers a grounded look at what's on the table—and what's likely to be left off.Key Takeaways:What's included in the proposed 2025 tax cut and what's still up for debateThe current status of the Child Tax Credit, QBI deduction, bonus depreciation, and SALT deduction capPotential elimination of taxes on Social Security income—and whether that's realisticA breakdown of the proposed “Millionaire Tax” and its implications for high earnersWhy the talk of tax-free tips and overtime could create major planning opportunities for business ownersWhat shop owners need to watch for and how to prepare as legislative discussions continueThanks to our partner, PromotiveIt's time to hire a superstar for your business; what a grind you have in front of you. Introducing Promotive, a full-service staffing solution for your shop. Promotive has over 40 years of recruiting and automotive experience. If you need qualified technicians and service advisors and want to offload the heavy lifting, visit www.gopromotive.com.Paar Melis and Associates – Accountants Specializing in Automotive RepairVisit us Online: www.paarmelis.comEmail Hunt: podcast@paarmelis.comText Paar Melis @ 301-307-5413Download a Copy of My Books Here:Wrenches to Write-OffsYour Perfect Shop The Aftermarket Radio Network: https://aftermarketradionetwork.com/Remarkable Results Radio Podcast with Carm Capriotto https://remarkableresults.biz/Diagnosing the Aftermarket A to Z with Matt Fanslow
Behind every piece of major legislation, there's a story of strategy, sacrifice, and high stakes. In this episode of American Potential, host David From is joined by Andy Koenig—former White House advisor and one of the key architects behind the 2017 Tax Cuts and Jobs Act (TCJA). From inside the halls of the West Wing to late-night meetings on Capitol Hill, Andy offers a behind-the-scenes look at how the landmark tax reform came together—and why it matters more than ever today. Far from being just a “corporate tax cut,” the TCJA helped over 25 million small businesses and countless working families keep more of their hard-earned money. Andy breaks down how the law simplified the code, sparked job growth, and put power back in the hands of entrepreneurs—not bureaucrats. But with key provisions set to expire soon, Americans now face the threat of a massive tax hike at the worst possible time. Andy also shares a lighter moment from the White House: President Trump wanted to name the bill “Cut Cut Cut”—a reminder that clear messaging matters. With inflation surging and government spending out of control, Andy and David make the case for why now is the time to make these tax cuts permanent—and why letting them lapse would be a crushing blow to American potential. Whether you're a taxpayer, small business owner, or policy nerd, this episode is a must-listen for understanding the stakes behind one of the most consequential economic reforms in a generation.
Michigan Republican Rep. Bill Huizenga on Tuesday confirmed that he is interested in potentially running for the U.S. Senate in 2026. "I am," Huizenga answered when asked if he was considering running for the Senate on the "Just the News, No Noise" TV show. "You know, this was not necessarily on my radar screen when I started this." Huizenga represents Michigan's Fourth Congressional District and has been serving in office since 2011. He said that he is considering a Senate run because President Donald Trump needs allies in the upper chamber. Huizenga said he believes that in the midterm elections, Republicans could keep the House and the Senate if they do the work of getting the budget reconciliation process in place and get the Tax Cuts and Jobs Act reinstated. Later, Claire Lopez, a former CIA operations officer and founder of Lopez Liberty LLC, discusses President Trump's upcoming trip to Saudi Arabia, Qatar, and the UAE. Claire shares insights into the implications of this trip on international relations, particularly regarding the Abraham Accords and the potential for new peace deals in the Middle East. Finally, it's AMAC Wednesday, and AMAC spokesman and Maine Gubernatorial candidate Bobby Charles provides his unique insights on the issues of the day. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Our strategists Michael Zezas and Ariana Salvatore provide context around U.S. House Republicans' proposed tax bill and how investors should view its potential market impact.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, Public Policy Strategist.Michael Zezas: Today, we'll dig into Congress's deliberations on taxes and fiscal spending.It's Wednesday, May 14th at 10am in New York.Michael Zezas: So, Ariana, there's been a lot of news around the tax and spending plans that Congress is pursuing; this fiscal package – and clients are really, really focused on it. You're having a lot of those conversations right now. Why are clients so focused on all of this?Ariana Salvatore: So, clients have reasons to focus on this tax policy bill across equities, fixed income, and for macroeconomic impacts.Starting with equities, there's a lot of the 2017 tax cut bill that's coming up for expiration towards the end of this year. So, this bill is Congress's chance to extend the expiring TCJA. And add on some incremental tax cuts that President Trump floated on the campaign trail. So, there's some really important sector impacts on the specific legislation side. And then as far as the deficit goes, that matters a lot for the economic ramifications next year and for bond yields.But Mike, to pivot this back to you, where do you think investor expectations are for the outcome of this package?Michael Zezas: So there's a lot of moving pieces in this fiscal policy package, and I think what's happening here is that investors can project a lot onto this. They can project a lot of positivity and constructive outcomes for markets; and a lot of negativity and negative outcomes for markets.So, for example, if you are really focused on the deficit impact of cutting taxes and whether or not there's enough spending cuts to offset those tax extensions, then you could look at the array of possible outcomes here and expect a major deficit expansion. And that might make you less constructive on bonds because you would expect yields to go higher as there was greater supply of Treasuries needed to borrow that much to finance the tax cuts. Again, not necessarily fully offset by spending cuts.So, you could look at this and say, well, this will ultimately be something where economic growth helps tax revenues. And you might be looking at the benefits for companies and the feed through to the equity markets and think really positively about it.And we think the truth is probably somewhere in between. You're not going to get policy that really justifies either your highest hopes or your greatest fears here.Ariana Salvatore: So, it's really like a Rorschach test for investors. When we think about our base case, how do you think that's going to materialize? What on the policy front are we watching for?Michael Zezas: Yeah, so we have to consider the starting point here, which is Congress is trying to address a series of tax cuts that are set to expire at the end of the year. And if they extend all of those tax cuts, then on a year-over-year basis, you didn't really change any policy. So that just on its own might not mean a meaningful deficit increase.Now, if Congress is able to extend greater tax cuts on top of that; but it's going to offset those greater tax cuts with spending cuts in revenue raises elsewhere, then again you might end up with a net effect close to zero on a deficit basis.And the way our economists look at this mix is that you might end up with an effect from a stimulus perspective on the economy that's something close to neutral as well. So, there's a lot of policy changes happening beneath the surface. But in the aggregate, it might not mean a heck of a lot for the economic outlook for next year.Now, that doesn't mean that there would be zero deficit increase in the aggregate next year because this is just one policy that is part of a larger set of government policies that make up the total spending posture of the government. There's already something in the range of $200-250 billion of deficit increase that was already going to happen next year. Because of weaker revenue growth on slower economic growth this year, and some spending that would automatically have happened because of inflation cost adjustments and higher interest on the debt. So, long story short, the policy that's happening right now that we think is going to be the endpoint for congressional deliberations isn't something our economists see as meaningfully uplifting growth for next year, and it probably increases the deficit – at least somewhat next year.Now we're thinking very short term here about what happens in 2026. But I think investors need to think around that timeline because if you're thinking about what this means for getting deficits smaller, multiple years ahead, or creating the type of tax environment that might induce greater corporate investment and greater economic growth years ahead – all those things are possible. But they're very hypothetical and they're subject to policy changes that could happen after the next Congress comes in or the next president comes in.So, Ariana, that's the overall look at our base case. But I think it's important to understand here that there are multiple different paths this legislation could follow. Can you explain what are some of the sticking points? And, depending on how they're resolved, how that might change the trajectory of what's ultimately passed here?Ariana Salvatore: There are a number of disagreements that need to be resolved. In particular, one of the biggest that we're focused on is on the SALT cap; so that's the cap on State And Local Tax deductions that individuals can take. That raised about a trillion dollars of revenue in the first iteration of the Tax Cuts and Jobs Act in 2017.Republicans generally are okay with making a modification to that cap, maybe taking it a bit higher, or imposing some income thresholds. But the SALT caucus, this small group of Republicans in Congress, they're pushing for a full repeal or something bigger than just a small dollar amount increase.There's also a group of moderate Republicans pushing against any sort of spending cuts to programs like Medicaid and SNAP; that's the food stamps program. And then there's another cohort of House Republicans that are seeking to preserve the Inflation Reduction Act. Ultimately, these are all going to be continuous tension points. They're going to have to settle on some pay fors, some savings, and we think where that lands is effectively at a $90 billion or so deficit increase from just the tax policy changes next year.Now with tariff revenue excluded, that's probably closer to [$]130 billion. But Mike, to your point, there are these scheduled increases in outlays that also are going to have to be considered for next year's deficit. So, you're looking at an overall increase of about $310 billion.Michael Zezas: Yeah, I think that's right and the different ways those different dynamics could play out, I think puts us in a range of a $200 billion expansion maybe on the low end, and a $400 billion expansion on the high end. And these are meaningful numbers. But I think important context for investors is that these numbers might seem a lot smaller than some of what's been reported in the press, and that's because the press reports on the congressional budget office scoring, and these are typically 10-year numbers.So, you would multiply that one-year number by 10 at least conceptually. And these are numbers relative to a reality in which the tax cuts were allowed to expire. So, it's basically counting up revenue that is being missed by not allowing the tax cuts to expire. So, the context matters a lot here. And so we have been encouraging investors to really kind of look through the headlines, really kind of break down the context and really kind of focus on the short term impacts because those are the most reliable impacts and the ones to really anchor to; because policy uncertainty beyond a year is substantially higher than even the very high policy uncertainty we're experiencing right now.So, sticking with the theme of uncertainty, let's talk timing here. Like we came into the year thinking this tax bill would be resolved late in the year. Is that still the case or are you thinking it might be a bit sooner?Ariana Salvatore: I think that timing still holds up. Right now, the reconciliation bill is supposed to address the expiring debt ceiling. So, the real deadline for getting the bill done is the X date or the date by which the extraordinary measures are projected to be exhausted. That's the date that we would potentially hit an actual default.Of course, that date is somewhat of a moving target. It's highly dependent on tax receipts from Treasury. But our estimate is that it's somewhere around August or September. In the meantime, there's a number of key catalysts that we're watching; namely, I would say, other projections of the X date coming from Treasury, as well as some of these markups when we start to get more bill text and hear about how some of the disputes are being resolved.As I mentioned, we had text earlier this week, but there's still no quote fix for the SALT cap, and the house is still tentatively pushing for its Memorial Day deadline. That's just six legislative days away.Michael Zezas: Got it. So, I think then that means that we're starting to learn a lot more about how this bill comes together. We will be learning even a lot more over the next few months and while we set out our expectations that you're going to have some fiscal policy expansion. But largely a broadly unchanged posture for U.S. fiscal policy. We're going to have to keep checking those regularly as we get new bits of information coming out of Congress on probably a daily basis at this point.Ariana Salvatore: That's right.Michael Zezas: Great. Well, Ariana, thanks for taking the time to talk.Ariana Salvatore: Great speaking with you, Michael.Michael Zezas: Thank you for your time. If you find Thoughts on the Market and the topics we cover of interest, leave us a review wherever you listen. And if you like what you hear, tell a friend or colleague about us today.
Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureLayoffs are left over from the Biden administration, Trump is now countering the layoffs with incoming jobs. Trump just used information to see what China's next move is. Trump is now preparing for the next phase, he needs to see who will fight against removing taxes. The [DS] is being weakened, they are doing everything they can to fight back but it is making it worse. Trump and the patriots know they need a clean house and Gabbard confirms they are doing exactly that. Operation Hunt and Terminate is now happening in the agencies. Trump has now exposed the RINOs and the [DS] players, they are now boxed in and he is now setting up the team to expose the crimes they have committed. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/KobeissiLetter/status/1920539645273575910 Job cuts have been particularly high in the government sector, followed by retail and technology. DOGE actions, market/economic conditions, and restructuring have been major drivers of layoffs. US layoffs are at recession levels. Since Donald Trump became president on January 20, 2025, approximately 345,000 jobs have been created, based on available data up to April 2025. This figure comes from a White House memo citing job creation through March 2025, with 228,000 jobs added in March alone. Additionally, February 2025 saw 151,000 jobs added, according to a jobs report. These numbers align with claims from the Trump administration, though they emphasize private-sector growth (54% in non-government sectors) and manufacturing gains (9,000 jobs in February). https://twitter.com/KobeissiLetter/status/1920847873270264005 https://twitter.com/EricLDaugh/status/1920838414590488902 Trump Says GOP Should ‘Probably Not' Raise Taxes After Reportedly Backing Millionaire Tax “The problem with even a “TINY” tax increase for the RICH, which I and all others would graciously accept in order to “[Raising taxes on the top level] would be a tax on every small business, every job creator,” Republican Texas Sen. Ted Cruz said Thursday on CNBC. “That's what Kamala Harris campaigned on. That's what she promised.” “Right now, I'm not excited about the proposal,” Senate Finance Committee chairman Mike Crapo told conservative commentator Hugh Hewitt on Thursday. “But I have to say, there are a number of people in both the House and the Senate who are, and if the president weighs in in favor of it, then that's going to be a big factor that we have to take into consideration as well.” Republican Missouri Sen. Josh Hawley, who frequently breaks with his party on economic issues, told the Daily Caller News Foundation on Thursday afternoon that he would be “fine” with the president's millionaire tax proposal. He cautioned that at most two of his Senate GOP colleagues would join him in signing off on the tax hike. Source: dailycaller.com Trump signed the Tax Cuts and Jobs Act in 2017, which reduced taxes for many, including the wealthy. The law lowered the top individual income tax rate from 39.6% to 37%, doubled the estate tax exemption, and cut the corporate tax rate from 35% to 21%, disproportionately benefiting high earners and corporations. Data from the Tax Policy Center shows the top 1% of households received an average tax cut of about $50,000 in 2018, while middle-income households got around $900. supporters claim it spurred economic growth. https://twitter.com/EricLDaugh/status/1920553634775118283 https://twitter.com/BitcoinMagazine/status/1920841070281175489