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Bloomberg Surveillance TV: January 8, 2025

Bloomberg Surveillance

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Bipartisan Challenges and Tax Reform

This chapter explores the difficulties of achieving bipartisan legislation, particularly in the context of the SALT tax cap reforms. It discusses the urgent need for collaborative efforts among legislators to address fiscal responsibilities and the implications of U.S. debt accumulation. The conversation emphasizes the proposed changes to the tax cap and critiques local government mismanagement, underscoring the importance of coherent tax policy for American taxpayers.

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