Latest news with #NancyCook
Bloomberg
12 hours ago
- Business
- Bloomberg
Senate to Unveil Trump Tax Bill Draft With SALT Fight Unresolved
By , Chris Cioffi, and Nancy Cook Save Senate Republicans plan to unveil key details of their version of President Donald Trump's giant economic policy bill as soon as Monday, with the party pushing to enact the $3 trillion tax package by July 4. Republican lawmakers are slated to return to the US Capitol to receive a briefing on the legislation Monday afternoon. The bill text, which could be released later that day, will represent a major breakthrough for the GOP as it seeks to continue to advance the centerpiece of Trump's economic agenda.
Bloomberg
15-05-2025
- Business
- Bloomberg
GOP Tax Bill Seen Masking More Than $1 Trillion US Debt Hit
By and Nancy Cook Updated on Save The cost of Republican lawmakers' draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate, a lowball projection that independent analysts say masks the true fiscal hit. Budget experts typically calculate the cost of legislation, or 'score,' over a 10-year period. But President Donald Trump's headline-grabbing pledges to remove taxes on tips and overtime are supposed to expire after just four years in the latest bill. That has effect of downplaying the potential revenue loss if the measures are extended — which Congress has a tendency to do.
Bloomberg
21-03-2025
- Business
- Bloomberg
Trump Gives China a Big Opening on Global Stage. Will Xi Take It?
Hi, this is John Liu writing from Singapore, where I had the pleasure this week of participating in our first in-person event in Asia for Bloomberg's digital subscribers. I was joined for a panel discussion by four amazing colleagues: Nancy Cook, senior US national political correspondent; Shuli Ren, who writes fantastic columns about markets in China and beyond; Tim O'Brien, who leads Bloomberg Opinion and the author of TrumpNation: The Art of Being the Donald; and K Oanh Ha, the host of our flagship Asia audio offering, the Big Take Asia Podcast.
Bloomberg
07-02-2025
- Business
- Bloomberg
Does Donald Trump Have a Tariff Strategy?
On this episode of Trumponomics, we explore the chaos of his first few weeks, whether he has a plan and who his most influential advisers might be. By Save Subscribe to Trumponomics on Apple Podcasts Subscribe to Trumponomics on Spotify In a live taping before an audience in New York, host Stephanie Flanders was joined by Bloomberg political correspondent Nancy Cook and Bloomberg Opinion Senior Executive Editor Tim O'Brien to unpack the way in which US President Donald Trump is making tariff decisions during his chaotic first few weeks in office, whether he has a plan and who his most influential advisers might be.
