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Home Videos

Freedom Caucus Threatens to Tank Vote | Balance of Power: Late Edition

DeFi Daily News by DeFi Daily News
May 21, 2025
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Freedom Caucus Threatens to Tank Vote | Balance of Power: Late Edition
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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On tonight’s show, Rep. Ralph Norman (R) South Carolina discusses the latest on the tax bill and states that the legislation does not have the support to pass on the House floor. Senator Bill Hagerty (R) Tennessee talks about whether or not he’d make any changes to the tax bill, and Rep. Sarah Elfreth (D) Maryland states she would vote no on the legislation as it cuts health care coverage for hundreds of thousands of people in her district.

Chapters:
00:00:00 – Balance of Power Begins
00:01:53 – Bloomberg’s Erik Wasson on How Close House Is To Holding Vote on Tax Bill
00:03:14 – Rep. Ralph Norman (R) South Carolina on Why He Believes Tax Bill Will Not Pass on House Floor
00:12:10 – Sen. Bill Hagerty (R) Tennessee on Possible Changes to Tax Bill, SALT, Cutting Spending & Regulation, Views On Genius Act
00:20:21 – Bloomberg’s Justin Sink on Pres. Trump & South African Pres. Ramaphosa Hold Heated Meeting
00:23:41 – Bloomberg’s Megan Scully on Possibility of A House Floor Vote on Tax Bill Tonight, Issues On Tax Bill From House GOP Members
00:25:34 – Rep. Sarah Elfreth (D) Maryland on Democratic Views of Tax Bill, Health Coverage Cuts, Views on Trump’s “Golden Dome”
00:34:02 – Political Panel on House May Hold Tax Bill Vote Tonight, Problem With Tax Bill, Pres. Trump Confronts South African Pres.
00:43:50 – House Rules Committee Goes Into 17th Hour on Budget Reconciliation Bill, House Floor Vote May Happen Tonight
——–
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Tags: BalanceCaucusCyril RamaphosaDonald TrumpEditionErik Wassonfreedomgenius actgolden domeJoe MathieuJustin SinkKailey LeinzlateLauren TomlinsonMegan ScullyMeghan HaysMoody's Analytics IncPentagonPowerqatar jetrep. ralph normanSalt CapSarah Elfrethsouth africaspeaker johnsonStablecoinTanktax billtax cutsThreatensUnited States House Of RepresentativesUnited States Senateus debtvoteWilliam Hagerty
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