This week, President Donald Trump’s tariffs have dominated headlines, but behind the scenes, Senate Republicans are working on setting up Trump’s tax plans and other domestic spending priorities. However, they are facing hurdles within their own party regarding tax cuts and potential cuts to Medicaid. Some Republicans are concerned about a budget change that would give a zero-dollar price tag to extending Trump’s tax cuts, which are estimated to cost $4.6 trillion over a decade. Additionally, concerns about potential cuts to Medicaid are also causing division within the GOP.
On the tariff front, questions remain about how the Trump administration will explain the tariffs to the American public, what the economic fallout will look like, and when Americans will start to benefit from this trade policy. Some Republicans have indicated that if the tariffs result in an economic downturn, the administration may need to rethink its policies. Treasury Secretary Scott Bessent, Sen. Jim Lankford, and Sen. Adam Schiff will address these questions on “Meet the Press” this Sunday.
In other news, Trump has extended the deadline for TikTok’s owner to find a non-Chinese buyer by 75 days, North Carolina’s Court of Appeals ordered a recount of over 65,000 votes in a contested race, and top officials at the NSA and FDA have been ousted. Additionally, Elon Musk serves as a “special government employee” and is not receiving a government salary.
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