Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump’s signature tax bill narrowly passed the House Thursday morning, advancing a sprawling multi-trillion dollar package that would avert a year-end tax increase at the expense of adding to the US debt burden.The bill now heads to the Senate, where groups of Republicans are pressing for extensive change. Lawmakers plan to vote on approval by August. The bill includes a $4 trillion increase in the US debt ceiling, which the Treasury Department forecasts could otherwise force a default as soon as August or September, adding urgency to the timeline.The 215-214 House vote, with one abstention, was met with cheers from Republicans in the chamber. It followed a furious offensive by Trump, who visited the Capitol to rally Republicans, worked lawmakers by phone late into the night and summoned holdouts to the Oval Office. His budget office released a statement branding any GOP lawmaker who failed to support the package guilty of the “ultimate betrayal.”Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Republican Congressman Chuck Edwards of North Carolina. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. US Ambassador to NATO Matthew Whitaker. Bloomberg's Liz Capo McCormick. Republican Main Street Partnership President and CEO Sarah Chamberlain. See omnystudio.com/listener for privacy information.
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45:28
House Republicans Closing In On Tax Bill
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.The White House amped up the pressure on Republicans on Wednesday urging lawmakers to quickly approve President Donald Trump’s signature tax bill, adding that a failure to do so would be the “ultimate betrayal.”“The House of Representatives should immediately pass this bill to show the American people that they are serious about ‘promises made, promises kept.’ President Trump is committed to keeping his promises,” the White House’s Office of Management and Budget wrote in a memo endorsing the legislation.Republicans made some headway in advancing Trump’s bill on Wednesday. House Speaker Mike Johnson announced that he had an agreement with lawmakers from high-tax states to increase the limit on the state and local tax deduction to $40,000, winning over a key faction of members who had threatened to block the legislation. Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Republican Congressman Mike Lawler of New York. Republican Congressman Kevin Hern of Oklahoma. ROKK Solutions Partner Kristen Hawn and Former RNC Communications Director Lisa Camooso Miller. Former US Ambassador to South Africa Patrick Gaspard. See omnystudio.com/listener for privacy information.
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36:21
Trump Loses Patience With SALT Demands
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with: Bloomberg Washington Correspondent Tyler Kendall. Bloomberg Deputy Capitol Influence Team Lead Mike Dorning. Republican Congressman Bryan Steil of Wisconsin. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Republican Congresswoman Nicole Malliotakis of New York. President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction, according to a senior administration official, signaling a deadlock as Republicans aim to quickly pass a giant tax-cut bill. Trump told lawmakers in a meeting on Tuesday not to let the SALT deduction or differences over social safety-net cuts impede the bill. But afterwards members of warring factions told reporters they were still dug in in opposing the bill unless their changes are made. Trump urged Republicans from New York and other high-tax states to wait to try to raise the SALT limit further until after Congress is done with the tax legislation, the official said, a proposal that is likely to draw backlash from SALT lawmakers who see the president’s “one big, beautiful bill” as their sole shot to address a political priority that dates back to 2017. Trump is also losing patience with a faction of conservative hardliners pushing for deeper cuts to Medicaid health coverage for the poor and disabled, the official said. The president implored Republicans to stick together and pass the bill the official said, adding that Trump expects every Republican to vote for the bill on the floor.Trump told lawmakers in a closed-door meeting on Tuesday he wants to keep the SALT deduction limit at $30,000, the level in the draft legislation. That’s three times the current $10,000 cap. In that meeting, Trump singled out the lawmakers from New York, New Jersey and California who have rejected the $30,000 deduction limit, saying it is insufficient to win their votes.See omnystudio.com/listener for privacy information.
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40:07
Trump, Putin Speak About Ukraine Truce
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.President Donald Trump said that Moscow and Kyiv would begin talks “immediately” on ending the war in Ukraine after a phone call with Russian President Vladimir Putin on Monday. “Russia and Ukraine will immediately start negotiations toward a Ceasefire and, more importantly, an END to the War,” Trump said in a social-media post. “The conditions for that will be negotiated between the two parties, as it can only be, because they know details of a negotiation that nobody else would be aware of.”The US president said he had also briefed European leaders on his two-hour call with Putin and that the Vatican had offered to host the negotiations. He described “the tone and the spirit of the conversation” as “excellent. If it wasn’t, I would say so now, rather than later,” Trump added.Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Kailey speaks with: Ipsos US Public Affairs President Cliff Young. Bloomberg Politics Contributors Rick Davis and Jeanne Sheehan Zaino. Bloomberg US National Security Team Lead Nick Wadhams. Atlantic Council Eurasia Center Senior Fellow Melinda Haring. See omnystudio.com/listener for privacy information.
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43:51
Reconciliation Hits A Speed Bump
Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.House Republicans’ reconciliation package hit a wall in the Budget Committee, where conservatives may block the measure today over complaints that it front-loads tax cuts and delays spending reductions.There are at least three conservative members on the panel who oppose the bill, barring changes. GOP members can only afford to lose one vote, partly because Rep. Brandon Gill (R-Texas) has been out of Washington on paternity leave.Reps. Ralph Norman (R-S.C.), Chip Roy (R-Texas), and Andrew Clyde (R-Ga.) all plan to oppose the measure, unless their problems are resolved. There are a handful of other fiscal hawks on the panel who could jeopardize the vote including Reps. Josh Brecheen (R-Okla.) and Lloyd Smucker (R-Pa.)Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Kailey speaks with: Republican Congressman Nick LaLota of New York. Bloomberg Washington Deputy Bureau Chief Laura Davison. Former RNC Communications Director Lisa Camooso Miller and Democratic Strategist Roger Fisk. Committee for a Responsible Federal Budget President Maya MacGuineas. Former Republican Congressman Denver Riggleman. See omnystudio.com/listener for privacy information.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
South Africa