Trump Tax Law to Add $3.4T to US Deficit Says CBO | Balance of Power: Late Edition 7/21/2025

Trump Tax Law to Add .4T to US Deficit Says CBO | Balance of Power: Late Edition 7/21/2025



Trump Tax Law to Add $3.4T to US Deficit Says CBO | Balance of Power: Late Edition 7/21/2025
“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Jared Bernstein, Former Chair of the White House Council of Economic Advisers, discusses whether or not anyone in the Biden Administration had an issue with the Federal Reserve building renovation project before signing off on it. Erin Covey, Cook Political Report US House Editor, discusses Texas Republicans planning to redraw congressional maps in the hopes of gaining more seats in the House during the Midterms. Rep. Becca Balint (D-VT) and Rep. Lisa McClain (R-MI) share their opposing viewpoints on how the Trump Tax Law may or may not effect the US deficit. (Source: Bloomberg)


www.bloomberg.com
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