President Donald Trump’s tariffs and the market reaction have dominated headlines, but in the Senate, Republicans are advancing Trump’s tax plans and other domestic spending priorities. However, concerns within the GOP about tax cuts and potential cuts to Medicaid are causing divisions. Some centrist senators are worried about the budget’s treatment of Trump’s tax cuts, estimated to cost $4.6 trillion over a decade. There are also concerns about potential cuts to Medicaid, with Senator Josh Hawley expressing worry and seeking assurances from Trump.
Meanwhile, questions remain about the economic fallout of Trump’s tariffs. Former Rep. Carlos Curbelo highlighted confusion over the administration’s strategy, while Senator John Kennedy emphasized the need for a potential recalibration if the policies lead to an economic downturn. Trump has suggested that it may take up to two years for Americans to benefit from the trade policy, raising questions about the timeline for any positive impacts.
In addition to these issues, other top stories include Trump extending the deadline for TikTok’s owner to find a buyer, a court ruling on a contested race for the North Carolina Supreme Court, and changes in leadership at the NSA and FDA. Finally, Elon Musk’s role as a special government employee is discussed, highlighting his part-time advisory position without drawing a salary.
Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.
