Tim Pierce
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Podcast Appearances
According to the Minutes, Yahya Senwar was concerned that normalizing relations between the Saudis and Israelis would, quote, "...open the door for the majority of Arab and Islamic countries to follow the same path." So Hamas, with Iran's approval, launched the attack to, quote, bring about a strategic shift in the paths and balances of the region with regard to the Palestinian cause.
For his part, President Trump has been trying to bring Saudi Arabia and Israel together. Here's his message on that from his Middle East tour last week.
For his part, President Trump has been trying to bring Saudi Arabia and Israel together. Here's his message on that from his Middle East tour last week.
So the Abraham Accords are still a top priority for Trump's second term.
So the Abraham Accords are still a top priority for Trump's second term.
Well, the big piece here is the permanent extension to Trump's 2017 Tax Cuts and Jobs Act. On top of that, Republicans want to make good on Trump's campaign promises, such as no tax on tips and boosting funding for the military and immigration enforcement. Here's House Speaker Mike Johnson on Newsmax yesterday.
Well, the big piece here is the permanent extension to Trump's 2017 Tax Cuts and Jobs Act. On top of that, Republicans want to make good on Trump's campaign promises, such as no tax on tips and boosting funding for the military and immigration enforcement. Here's House Speaker Mike Johnson on Newsmax yesterday.
Here's a few of the pieces agreed to so far. There are new exemptions for tips and overtime pay for those who earn less than $160,000 a year. The government will pay $1,000 to parents for babies born through December 31st of 2028. It also raises the state and local income tax deduction from $10,000 up to $30,000. Of course, to get all this and more, the GOP must find funding offsets.
Here's a few of the pieces agreed to so far. There are new exemptions for tips and overtime pay for those who earn less than $160,000 a year. The government will pay $1,000 to parents for babies born through December 31st of 2028. It also raises the state and local income tax deduction from $10,000 up to $30,000. Of course, to get all this and more, the GOP must find funding offsets.
And that's where the negotiations really get heated.
And that's where the negotiations really get heated.
There are some tax credits being closed. For example, the bill limits itemized deductions for the 37% top bracket, essentially a tax increase on many big earners. And some Inflation Reduction Act tax credits for electric vehicles and green energy will also be scrapped, though not completely until 2029. And then there is Medicaid.
There are some tax credits being closed. For example, the bill limits itemized deductions for the 37% top bracket, essentially a tax increase on many big earners. And some Inflation Reduction Act tax credits for electric vehicles and green energy will also be scrapped, though not completely until 2029. And then there is Medicaid.
Part of the bill would put in place work requirements for able-bodied people. And other safeguards will also be added. But those reforms could run into trouble in the Senate. Here's Republican Senator Josh Hawley already attacking it.
Part of the bill would put in place work requirements for able-bodied people. And other safeguards will also be added. But those reforms could run into trouble in the Senate. Here's Republican Senator Josh Hawley already attacking it.
And here's Congressman Buddy Carter defending it.
And here's Congressman Buddy Carter defending it.
some huge deals with some of the Gulf states. Yesterday, the White House announced an agreement that it said will generate an economic exchange worth $1.2 trillion with Qatar. As part of that deal, Qatar Airways says it plans to buy as many as 210 Boeing planes, and the U.S. has agreed to deeper military cooperation with Qatar.