"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today’s show, Doug Heye, Former RNC Communications Director, on Speaker Johnson’s tax bill progress. Kori Schake, Senior Fellow & Director of Foreign and Defense Policy Studies at the American Enterprise Institute, shares her thoughts on talks between President Trump & President Putin. Rep. Frank Pallone (D) New Jersey discusses the tax bill and talks about how the tax cuts in the proposed legislation will benefit large corporations with cuts to Medicaid paying for them.
Chapters:
00:00:00 – Balance of Power Begins
00:01:12 – Bloomberg’s Erik Wasson on SALT Holdouts Stall Progress On Tax Bill, Medicaid Issues
00:03:47 – Bloomberg’s Michael Shepard on White House Response to Tax Bill, Pres. Trump Announces “Golden Dome” Missile Shield
00:07:00 – Doug Heye, Fmr. RNC Communications Director, On Speaker Johnson’s Progress on Tax Bill, Medicaid Changes, SALT Cap
00:14:06 – Kori Schake, American Enterprise Institute Senior Fellow, on Pres. Trump Retreats From Ukraine Peace Talks
00:21:39 – Anchor Chat on Elon Musk Committed to Being Tesla CEO For 5 Years, Musk Will Do Less Political Spending
00:23:55 – Bloomberg’s Steven Dennis on Trajectory on Tax Bill, Possible Changes on Bill From US Senate
00:27:35 – Political Panel React to Pres. Trump’s Visit to Capitol Hill, How Tax Bill Can Help Democrats in 2026
00:34:15 – Bloomberg’s Edward Harrison on Bond Market, Treasury Yields Rise Amid Budget Talks
00:37:33 – Rep. Frank Pallone (D) NJ on SALT Cap, Issues on Medicaid & Healthcare Cuts, Rep. LaMonica McIver Charges
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