The Fed Weighs Tariffs & Taxes
Bloomberg Surveillance
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Navigating Republican Dynamics and Legislative Challenges
This chapter examines the intricacies within the Republican Party as they respond to a new presidential administration, focusing on upcoming legislative actions and potential conflicts among party members. It discusses budgetary concerns, including the debt ceiling and the SALT tax, while highlighting the challenges faced by Speaker Johnson in a narrowly divided House. Additionally, the chapter explores the implications of federal spending and anticipated tax changes, emphasizing the need for Republican representatives to balance party agendas with the concerns of their constituents.
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