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    Home » House, Senate Republicans Locked on Key Tax Issues | Balance of Power Late Edition 6/25/2025

    House, Senate Republicans Locked on Key Tax Issues | Balance of Power Late Edition 6/25/2025

    June 25, 2025 Business and Money Vids 2 Mins Read
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    "Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, US Deputy Treasury Secretary Michael Faulkender, shares that he isn’t worried about higher prices as President Trump’s tariff deadline looms. Rep. Erin Houchin (R) Indiana talks about the latest on the Tax Bill as it still is under Senate review and if there is anything the Senate might change that will make her not vote for the legislation. Senator Tammy Duckworth (D) Illinois discusses what she expects to hear from a briefing potentially happening Thursday on last weekend’s attack on Iran as reports talk about the impact of the Iran strikes.

    Chapters:
    00:00:00 – Balance of Power: Late Edition Begins
    00:01:56 – Tyler Kendall on Pres. Trump Saying US and Iran Will Meet Next Week, Trump NATO & Boost Spending
    00:05:42 – US Deputy Treasury Secretary Michael Faulkender, on Trump Tariff & High Prices, Trade Deal Pressure, Tax Bill
    00:14:11 – Erik Wasson on Latest on Tax Bill, Will Tax Bill Be Complete & Pass on July 4 Deadline
    00:17:31 – Rep. Erin Houchin (R) Indiana on Possible Senate Changes to Tax Bill, Provider Tax & SALT Tax, Will Bill Meet July 4 Deadline
    00:24:15 – Top Stories Bloomberg Is Following
    00:26:22 – Political Panel Reaction to Mamdani Upsets Cuomo in NYC Mayoral Primary, Dems. Reassess After Mamdani’s Success
    00:36:58 – Annmarie Hordern on NATO Leaders Reach Spending Agreement
    00:39:19 – Sen. Tammy Duckworth (D) Illinois Talks Impact of US Strike on Iran, Pres. Trump’s Use of Military, Tax Bill
    ——–
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