Trump’s Tax Bill Faces Senate Hurdles | Balance of Power: Late Edition 6/02/2025

"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Senator Kevin Cramer (R) North Dakota discusses changes he’d like to make to the Trump Tax Bill. Representative Ashley Hinson (R) Iowa talks about wanting longterm changes to Medicaid. Hagar Chemali, Greenwich Media Strategies Founder & CEO, discusses members of Congress proposing new sanctions imposed on Russia ahead of the G7 Summit later this month.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:40 – Bloomberg’s Erik Wasson on Trump’s Tax Bill Faces Senate Hurdles, Medicaid Cuts
00:05:22 – Senator Kevin Cramer (R) North Dakota on Changes to Tax Bill, Find More Spending Cuts, Trump Tariffs
00:15:30 – Rep. Ashley Hinson (R) Iowa, on Medicaid Cuts Concern, Town Hall Reactions, Any Changes on Tax Bill from Senate
00:21:28 – Bloomberg’s Greg White on Russia Shocked as Ukraine Hits Nuclear Bombers, Russia-Ukraine Talks End Without Peace Deal
00:24:46 – Bloomberg’s Catherine Lucey on Pres. Trump Raises Steel Tariffs to 50%, Trump & Xi Likely to Talk Soon
00:27:35 – Bloomberg’s Joe Mathieu & Kailey Leinz on Boulder Colorado Attack
00:29:10 – Political Panel on Reaction to Pres. Trump Condemns Colorado Attack, Could Senate Change Tax Bill
00:41:09 – Hagar Chemali, Greenwich Media Strategies Founder & CEO, On Ukraine Drone Strike, Additional US Sanctions for Russia
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