"Balance of Power" focuses on the intersection of politics and global business. On today’s show, SpaceX launches Starship Flight 7. Governor Wes Moore (D) Maryland discusses his state budget plan that includes tax hikes and talks about being prepared to find common ground with the upcoming Trump Administration. Jared Bernstein, White House Council of Economic Advisors Chair, looks back on his tenure under the Biden Administration. Erica York, Tax Foundation Vice President of Federal Tax Policy, shares whether or not Trump’s proposed tax cuts will help address affordability & put more money in American’s wallets or will the tax cuts fuel inflation and make affordability worse.
Chapters:
00:00:00 – Balance of Power Begins
00:02:24 – Gov. Wes Moore (D) Maryland on State Budget Plan, State Tax Hikes, Working With Trump Administration
00:11:03 – Jared Bernstein, White House Council of Economic Advisors Chair, on Biden Economic Legacy, Fight With Inflation, & Fed Independence
00:22:10 – Bloomberg’s Laura Davison on Scott Bessent’s Confirmation Hearing
00:25:26 – Erica York, Tax Foundation Vice President of Federal Tax Policy, on Proposed Trump Tax Cuts, Will They Help Americans or Make Inflation Rise
00:31:11 – SpaceX Launch of Starship Flight 7
00:33:44 – Kieth Cowing, NASAWatch Editor, on Walkthrough of SpaceX Launches Starship Flight 7
00:41:55 – Political Panel on House GOP Focus on Reconciliation Bill One or Two Bills, Rep. Turner Removed as Intelligence Committee Chair
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