Trump Tax Bill Stalls in the House | Balance of Power: Early Edition 7/02/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss President Trump’s tax bill being considered in the House of Representatives. On today’s show, Democratic Congresswoman Suzan DelBene of Washington, Stonecourt Capital Partner Rick Davis and Republican Congressman Jim Jordan of Ohio.

Chapters:
00:00:00 – Balance of Power: Early Edition Starts
00:05:23 – Tyler Kendall Updates Progress of Trump’s Tax Bill Through House Despite Divided GOP
00:09:48 – Rep. Suzan DelBene (D-WA) on Democratic Pushback to Medicaid Cuts in Trump’s ‘Terrible Bill’
00:16:37 – Rick Davis Forecasts Possible Shakeup for Congress in Midterms, GOP’s Struggle to Bridge Divides on Tax Bill
00:22:03 – Rep. Jim Jordan (R-OH) Touts Momentum for Tax Bill in House as Lawmakers Race to Meet July 4 Deadline
00:32:13 – Shawn Donnan Breaks Down US Trade Deal with Vietnam, Analyzes Costs to Domestic Consumers
00:39:02 – Wayne Sanders on US Halting Weapons Deliveries to Ukraine
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