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Battle Over Medicaid Cuts and Green Energy Credits Endangers Trump’s Economic Agenda

"Stocks HAMMERED...Is This a Trump Plan?" What About Gold?
"Stocks HAMMERED...Is This a Trump Plan?" What About Gold?

President Trump’s tax bill faces a new threat as ultraconservative Republicans vow to block it, despite Speaker Johnson’s agreement to raise the SALT deduction cap to $40,000.

Hardliners insist the White House promised them deeper Medicaid cuts and quicker elimination of clean energy tax breaks in a “midnight deal” not reflected in the current proposal.

With Johnson’s slim majority, the legislation remains in jeopardy despite attempts to satisfy both moderate Republicans from high-tax states and conservative factions.

Eight more from the desk

Other dispatches from the bullion wire.