Bloomberg Talks Senator Ted Cruz Talks Tax Bill, Los Angeles Protests
Jun 10, 2025
Ted Cruz, the Texas Republican Senator and chair of the Commerce Committee, dives into significant topics, including the recently passed tax-cut package aimed at preventing a $4 trillion tax increase on American families. He discusses innovative solutions for modernizing air traffic control, emphasizing the role of technology. Additionally, Cruz addresses the anti-deportation protests in Los Angeles, examining federal intervention and the response to local unrest, while critiquing the actions of local leaders.
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Tax Bill's Strategic Role
- The tax bill is the main vehicle for funding border security, military rebuilding, and tax cut extensions.
- The Senate plans to improve the bill through committee input and conference with the House.
National AI Policy Importance
- State AI laws risk handicapping American leadership by copying heavy regulation like the EU's.
- A national approach to AI regulation is critical to maintain U.S. competitiveness, especially against China.
Outdated Air Traffic Tech
- The U.S. air traffic control system uses outdated technology like 1950s radars and floppy disks.
- Investing $12.5 billion can modernize and improve safety with GPS and new tech.