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Bloomberg Surveillance TV: June 25, 2025

Bloomberg Surveillance

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Navigating Tax Deals and Defense Dynamics

This chapter explores the complexities surrounding a significant tax deal and the House of Representatives’ challenges, particularly concerning the SALT cap and Medicaid cuts. It also discusses President Trump's pressure for a swift resolution, ongoing tariff negotiations, and the implications for foreign policy amid rising defense spending. The conversation highlights the evolving landscape of international relations, defense priorities, and the responses of the Democratic Party in preparation for midterm elections.

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