Tim Pierce

Yeah, it makes the 2017 tax cuts permanent and includes funding for Trump's priorities on defense, energy, and immigration. It also lifts the debt limit for about two years. What it missed that almost brought it down in the House is deeper budget cuts wanted by House conservatives.

The Senate resolution just approved by the House outlines about $400 billion in budget cuts, whereas the original House blueprint called for at least $1.5 trillion. But House Speaker Mike Johnson was able to convince conservative holdouts to back the Senate version and open the door to budget reconciliation. Here's Johnson after the vote.

The Senate resolution just approved by the House outlines about $400 billion in budget cuts, whereas the original House blueprint called for at least $1.5 trillion. But House Speaker Mike Johnson was able to convince conservative holdouts to back the Senate version and open the door to budget reconciliation. Here's Johnson after the vote.

Reconciliation is a complicated process, but the short version is that with this House vote, lawmakers in both chambers can now haggle over the final version of the budget reconciliation bill. The upside here is that the eventual bill to come out of those negotiations will only need 50 votes in the Senate instead of the usual 60 to overcome a filibuster.

Reconciliation is a complicated process, but the short version is that with this House vote, lawmakers in both chambers can now haggle over the final version of the budget reconciliation bill. The upside here is that the eventual bill to come out of those negotiations will only need 50 votes in the Senate instead of the usual 60 to overcome a filibuster.

But there's always the concern that the gripes from the House conservatives over Thursday's bill could threaten the final bill as well. Johnson has said he hopes to have a bill on Trump's desk by Memorial Day.

But there's always the concern that the gripes from the House conservatives over Thursday's bill could threaten the final bill as well. Johnson has said he hopes to have a bill on Trump's desk by Memorial Day.

The tally of countries that want to negotiate over trade is now up to 75. That's according to Treasury Secretary Scott Besson's remarks during Thursday's cabinet meeting. There's a long way to go, though. Dozens of trade deals to be negotiated. And it's worth pointing out that Trump didn't pause all tariffs on Wednesday.

The tally of countries that want to negotiate over trade is now up to 75. That's according to Treasury Secretary Scott Besson's remarks during Thursday's cabinet meeting. There's a long way to go, though. Dozens of trade deals to be negotiated. And it's worth pointing out that Trump didn't pause all tariffs on Wednesday.

There are still heavy tariff rates on China, as well as a flat 10% tariff rate across the board. There are also other tariffs on Canada and Mexico.

There are still heavy tariff rates on China, as well as a flat 10% tariff rate across the board. There are also other tariffs on Canada and Mexico.

Yeah, the consumer price index for March showed that inflation came in under experts' expectations. Year over year, it increased by 2.4% rather than the expected 2.6%. While that's good news for Americans, don't expect that to mean much as far as interest rates go. Experts expect those to stay where they are as the economy adjusts to Trump's fast-moving tariff policy.

Yeah, the consumer price index for March showed that inflation came in under experts' expectations. Year over year, it increased by 2.4% rather than the expected 2.6%. While that's good news for Americans, don't expect that to mean much as far as interest rates go. Experts expect those to stay where they are as the economy adjusts to Trump's fast-moving tariff policy.

The stock market also dipped back down yesterday after Wednesday's record recovery, so still a lot of turmoil there. But Besson said the U.S. bond market is now doing okay.

The stock market also dipped back down yesterday after Wednesday's record recovery, so still a lot of turmoil there. But Besson said the U.S. bond market is now doing okay.

So the economy is showing some good signs, but there is still plenty of unknowns ahead. Yeah, indeed. Tim, thanks so much for reporting. Thanks for having me on.

So the economy is showing some good signs, but there is still plenty of unknowns ahead. Yeah, indeed. Tim, thanks so much for reporting. Thanks for having me on.

President Trump got a big win today related to what he's branded the big, beautiful budget plan bill. Daily Wire reporter Tim Pearce has the latest.

President Trump got a big win today related to what he's branded the big, beautiful budget plan bill. Daily Wire reporter Tim Pearce has the latest.

Doge says it's uncovered hundreds of millions of dollars in fraudulent unemployment claims. including payouts to people not yet born. The agency says it has identified nearly 10,000 individuals with birth dates up to 15 years in the future who have collected $69 million. They've also found people over the age of 115 receiving a total of $59 million.