President Donald Trump visited Capitol Hill today to urge passage of his multitrillion dollar tax and spending agenda. The bill is a complex piece of legislation that includes tax cuts, spending increases, spending reductions and some tax hikes. In total, it would increase budget deficits by nearly $3 trillion over a decade. WSJ’s Richard Rubin reports on t ... Show More
Jul 10
Who Will Be the Next Fed Chair? Maybe Kevin
For years, President Trump has feuded with the Federal Reserve and Chair Jerome Powell over interest rates. And now, two Republicans named Kevin (Kevin Hassett, one of Trump’s closest economic advisers and Kevin Warsh—a former Fed governor) are vying to be the next chairman of th ... Show More
22m 47s
Feb 2025
Trump, Zelensky Meet Face-to-Face
Face to face after weeks of turbulence, Presidents Trump and Zelensky will go one-on-one today in a high-stakes meeting that could very well shape the future of Ukraine. Plus, how the push to include DOGE cuts in the GOP's budget bill is complicating competing plans between House ... Show More
50m 7s
Dec 2024
House GOP Defy Trump, Pass Bill Without Debt Limit Demand
The latest plan would extend government funding into March and includes disaster relief and farming provisions, but does not include a suspension of the debt limit, which President-elect Donald Trump has been demanding that Republicans address. This was “Plan C” for GOP lawmakers ... Show More
48m 39s
Jul 1
Trump’s Tax and Spending Megabill Goes to House Ahead of July 4 Deadline
P.M. Edition for July 1. After an all-night session of dealmaking, Senate Republicans pushed through the bill, which addresses many of President Trump’s priorities. Now, as WSJ tax policy reporter Richard Rubin tells us, the bill heads to the House, where GOP leaders will have to ... Show More
13m 45s
Jun 20
The current reconciliation bill will raise the deficit. Could it pass anyway?
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 ... Show More
28m 43s