"Balance of Power" focuses on the intersection of politics and global business. On today’s show, Representative Jason Smith (R) Missouri, shares his thoughts on the House set to begin their budget resolution this week for the Reconciliation Bill. Erica York, Tax Foundation Vice President of Federal Tax Policy, discusses the impact steel and aluminum tariffs would have and states these tariffs would not help slow down the US trade deficit.
Chapters:
00:00:00 – Balance of Power Begins
00:02:00 – Bloomberg’s Jennifer Welch on Pres. Trump to Announce 25% Tariffs Coming On Steel, Aluminum
00:04:59 – Bloomberg’s Gregory Korte on Trump Freeze Would Slash NIH Funding, Republicans at Odds Over Reconciliation Approach, JD Vance Not Trump Successor
00:09:39 – Rep. Jason Smith (R) Missouri on House Budget Resolution for Reconciliation Bill, Senate Proposes Two Bill Plan, Trump Tariffs & Taxes
00:19:02 – Bloomberg’s Janet Lorin on Trump Freeze Would Create Uncertainty for Medical Research Institutions
00:23:44 – Erica York, Vice President of Federal Tax Policy at the Tax Foundation, on Impact Pres. Trump’s 25% Steel and Aluminum Could Have
00:33:03 – President Trump Signs Executive Action on Placing A 25% Tariff on Imported Steel, Aluminum
00:33:27 – Political Panel on Reaction Pres. Trump Signing 25% Tariff on Steel & Aluminum, Reciprocal Tariffs
00:42:26 – Political Panel on Tulsi Gabbard, RFK Jr. Head For Confirmation
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