Big Take With Tax Bill, Trump Ushers in New Era of Executive Power
Jul 3, 2025
Mario Parker, Bloomberg’s White House and government editor, dives into the recent tax bill passed by Congress that signals a shift in executive power under Trump. He discusses how the tax legislation could redefine governance, potentially benefiting certain sectors while challenging social programs. The conversation also covers the implications of unilateral executive actions and the evolving dynamics between the presidency and Congress, particularly in military decisions. Parker's insights illuminate the future of legislative power and Trump's enduring influence.
AI Snips
Chapters
Transcript
Episode notes
Tax Bill's Major Impacts
- The recent tax bill makes Trump's 2017 tax cuts permanent but cuts Medicaid and clean energy incentives.
- It represents a rollback of the social safety net and will have significant political consequences.
Trump's Congressional Influence
- Trump exerts strong influence in Congress through phone calls and social media pressure.
- Threatening primary challengers ensures Republican lawmakers often comply with his agenda.
Unilateral Iran Strike
- Trump struck Iran's nuclear sites without congressional approval, informing only some Republican lawmakers.
- This follows a trend of executive actions stretching limits and norms of presidential power.