In the world of politics this week, President Donald Trump’s tariffs and the market’s reaction have dominated headlines, but the Senate is also moving forward with Trump’s domestic policy agenda. Senate Republicans are facing challenges in agreeing on tax cuts and Medicaid cuts as they advance their budget plan. Some centrist senators are concerned about the strategy on tax cuts, while others worry about potential cuts to Medicaid. The House-approved budget, endorsed by Trump, could lead to cuts in Medicare or Medicaid, but lawmakers have not identified ways to reduce spending beyond looking at waste and fraud.
Meanwhile, questions about Trump’s tariffs remain unanswered. How will the administration explain the tariffs to the public, what will the economic fallout look like, and when will Americans start to benefit from the trade policy? These questions will be explored on “Meet the Press” with Treasury Secretary Scott Bessent, Sen. Jim Lankford, and Sen. Adam Schiff this Sunday.
In other news, Trump has extended the deadline for TikTok’s owner to find a non-Chinese buyer, a North Carolina court ruling could impact the state Supreme Court race, the NSA and FDA have experienced leadership changes, and Elon Musk serves as a “special government employee” without drawing a salary. Stay informed by signing up for the daily newsletter and reaching out with feedback or questions at politicsnewsletter@nbcuni.com. Share the newsletter with others to keep them informed as well.
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