Bloomberg News White House Correspondent Josh Wingrove discusses Kamala Harris's economic plan and its implications for businesses. Erik Wasson sheds light on how electric vehicle policies could influence Michigan voters. Economics Editor Molly Smith analyzes fresh inflation data and shifting consumer confidence. The episode also dives into a mystery investor's significant stake in JetBlue, revealing potential market impacts. Lastly, Kate Kaminski shares insights on the current housing market and recent declines in new home construction.

Erik Wasson, a Bloomberg Congressional Reporter, dives deep into the House Republicans' newly passed budget blueprint. He explains how this budget could lead to $4.5 trillion in tax cuts and significant cuts to safety-net programs like Medicaid. The discussion highlights divisions within the GOP and addresses potential political backlash from constituents. Wasson emphasizes the importance of consensus as lawmakers navigate the challenges of budget reconciliation and the implications for everyday Americans.