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SOTS 2nd Hour: Jobs Report Takeaways w/Goldman’s Chief Economist, Plus: Tax Bill Winners & Losers 7/3/25

Squawk on the Street

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Trump's Tax Bill: Implications and Controversies

This chapter delves into the final passage vote of President Trump's tax and spending cuts bill, highlighting the opposition from House Minority Leader Hakeem Jeffries and the dynamics within the House. It analyzes the bill's impact on different income groups, with a focus on the significant benefits for higher earners and the complexities introduced by the reinstated SALT deduction.

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