Addressing U.S. Fiscal Deficits and Political Polarization

United Airlines CEO Scott Kirby discusses the future of flights out of Newark, the time horizon for supersonic air travel, and regulatory scrutiny on his industry. CNBC’s Phil Lebeau has the details on United’s new collaboration with JetBlue, aimed to add value for frequent flyers of each respective airline. Committee for a Responsible Federal Budget president Maya MacGuineas issues a warning on government spending. The reconciliation bill making its way through Congress doesn’t restrict spending enough, according to the CRFB. Plus, Nvidia lost billions in the Chinese market last quarter, Elon Musk has hinted at a pullback from his DOGE role, and President Trump is pushing back against the “Trump Always Chickens Out” trade on Wall Street.

Megan Cassella - 06:03

Phil LeBeau - 22:13

Scott Kirby - 24:39

Maya MacGuineas - 45:17

In this episode:

Megan Cassella, @mmcassella

Phil LeBeau, @Lebeaucarnews

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Katie Kramer, @Kramer_Katie