Happy Friday, newsletter players! President Donald Trump’s prices (And market reaction) are the story of the week, but a key step towards a larger part of its interior policy program is underway at the moment in the Senate – and our Congress team decomposes how it highlights certain divisions in the narrow majority of the GOP. And before “Meet the Press” this weekend, Kristen Welker goes through the three key questions that Trump and his administration face the prices. In addition, we answer a reader question about the role of Elon Musk in the government.
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– Scott Bland
GOP concerns concerning the tax reduction strategy and the MEDICAIDS WILL BUGBER on the Senate budget
By Julie Tsirkin, Syedah Asghar, Sahil Kapur and Frank Thorp V
While the prices of President Donald Trump make the headlines, the Republicans of the Senate are Go through the procedural steps to set up Trump’s tax plans and other main internal expenditure priorities. But it will not be easy for them to agree exactly what to do.
The Republicans of the Senate succeeded on Thursday at advance their massive budgetary plan Debate, but not before an unexpected delay caused by some of their own who have concerns about their strategy on tax reductions and potential Medicaid cup.
Before the start of the measurement on Friday, the delay occurred while these Republicans met the head of the majority of the Senate John Thune, Rs.d., to talk about their concerns.
Some other centrist senators are concerned about a change of budget The party uses a price of zero dollar on the extension of Trump’s tax cuts, which are estimated by the official Congress goalkeeper to cost 4.6 dollars over a decade.
Republicans delay a calculation on the issue after having bypassing the Senate parliamentarian on the question of whether they can use a “current” reference line to deal with the extension of Trump’s tax reductions in 2017, which should expire this year, because it is not costing anything. But that means that this decision could be challenged later, and it could potentially explode the bill if the parliamentarian reigns against him – unless the Senate votes to reject it, which some compared to cloud the 60 voting filibuster rule.
A handful of Republicans have concerns that they are asked to do so later in the process.
Another senator, Josh Hawley, R -MO., Said he had “a great concern” about the Medicaid bill – and took his concerns directly to Trump on Thursday evening before the vote.
Twenty -one percent of my state receives Medicaid – Chip or Medicaid. So, I said that I will not vote for the Medicaid cuts. And I thought that the president’s insurance was so unequivocal to me this evening, “added Hawley, saying that insurance had made him comfortable to start the process.
It’s easier to say than to do. The budget approved by the house, which Trump approved, the fact mathematically impossible for Republicans to achieve their objectives Without cutting drugs or medicaids. Legislators say they want to reduce waste and fraud, as well as to impose a potential work requirement for Medicaid. Beyond that, they did not identify any means of reducing expenses.
Three questions about Trump’s prices
By Kristen Welker
President Donald Trump’s new radical prices have shaken the markets and raised new concerns about potential price increases. While Trump campaigned on the implementation of prices, there are more questions when they take effect.
First, how will the Trump administration explain the prices to the American public?
“People do not understand what the plan is, what is the strategy,” said former representative Carlos Curbelo on Thursday, R-Fla., “Meet the press now” Thursday, adding later: “There are republicans on the hill who wonders: where are we going?”
Another key question: what will economic repercussions look like?
Trump warned that his trade policies would lead to a “small disturbance” His speech at Congress last month. And we already see markets shaken by new prices, raising questions about the possibility of a national recession – even global.
Some Republicans have indicated that the administration may need to rethink its policies if they lead to an economic slowdown.
“If they improve things, they should blame more; if that worsens things, they should want to recalibrate,” said senator John Kennedy on Wednesday.
And finally: when will the Americans collect the advantages of this trade policy?
Trump told me back in December That he “cannot guarantee” American families will not pay more, adding later that the prices “will make us rich”.
The president also declared on Air Force One last night that he could take “a year and a half to two years” to accelerate American manufacturing. But the administration has not yet established exactly when everyday Americans will begin to benefit from these prices.
We will deepen these questions and more about “Meet the press” this Sunday with the secretary of the Treasury Scott Bessent, Senator Jim Lankford, R-Okla., And Senator Adam Schiff, D-Calif.
I also talked to our friends from the NBCU Academy of the way I prepare for an interview “Meet the Press”. Discover the video here!
🗞️ The other best stories today
- ⏰ Tiktok (always) with the clock: Trump said that he would extend the deadline for Tiktok owner to find a non -Chinese buyer of 75 days, avoiding what could have been another disruption of the application. Learn more →
- ⚖️ in the courts: A panel of three judges of the North Carolina Court of Appeal judged that more than 65,000 votes expressed in the race challenged for the Supreme State Court in 2024 should be told and verified – a victory for the republican candidate in the 3 -rings competition that could tip the results in his favor. Learn more →
- ➡️ NSA outputs: Director and manager No. 2 of the National Security Agency were ousted from their posts yesterday, with Laura Loodor – a theorist from the far -right conspiracy who met Trump this week – taking credit for their moves. Learn more →
- ➡️ Outs of the FDA: More than better vaccine regulators at Food and Drug Administration have left or have been forced to go out following the resignation last week from the senior agency vaccine, which, according to experts, could pack its ability to approve new vaccines and other drugs. Learn more →
✉️ Mailbag: Does the government pay musk?
Thank you to everyone who sent us by email this week! Here is the question of this week’s reader:
“Does Elon Musk receive a government salary?”
To answer this, we turned to the national political journalist Ben Kamisar. Here is his answer:
Elon Musk is called a “employee of the special government”, a label given to external experts brought to the government to provide its part -time expertise without becoming a full -time administration employee. It does not make a salary but must respect certain rules such as the railing of conflicts of interest and should only operate 130 days of a period of 365 days. Here is more on the “Special Government Employee” position and how the White House says that it manages Elon Musk, in particular around the issue of conflicts of interest.
It’s all of the political bureau for the moment. Today’s newsletter was compiled by Scott Bland and Faith Wardwell.
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