Bloomberg Daybreak: US Edition Two Israeli Embassy Staffers Killed in Washington; Republican Tax Bill Vote
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May 22, 2025 A tragic shooting claimed the lives of two Israeli embassy staffers in Washington, drawing attention from officials. Amidst this, House Republicans are revising Trump's tax plan to address intraparty divisions, with notable changes to state and local tax deductions. Meanwhile, JPMorgan's Jamie Dimon raises alarms about potential stagflation as the U.S. grapples with geopolitical threats and economic instability. The podcast delves into these intertwining narratives, highlighting the tensions in both politics and the economy.
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Deadly Shooting at Jewish Museum
- Two Israeli embassy staff members were fatally shot outside the Capitol Jewish Museum in Washington, D.C.
- The suspect shouted "free, free Palestine" when apprehended, highlighting tensions behind the attack.
Republican Tax Bill Compromise
- The revised Republican tax bill raises the SALT deduction to $40,000 and speeds up Medicaid work requirements.
- These measures aim to unite warring GOP factions but drew opposition from Democrats fearing the bill's impact.
Trump-Ramaphosa Oval Office Encounter
- President Trump had confrontational talks with South African President Ramaphosa over refugee status for white farmers.
- The exchange highlighted racial and political tensions, with Trump showcasing visuals of white farmer deaths.