EPISODE · May 22, 2025 · 25 MIN
House GOP in final push to pass budget
from Squawk Box Europe Express
The House of Representatives holds an all-night session as the GOP looks to push President Trump’s budget bill. The proposed tax cuts are expected to add trillions of dollars to the country’s deficit in the next 10 years. As a result, European markets are in the red and are due to track Wednesday’s disappointing session. And in tech news, Open A.I. is to buy the A.I. device start-up belonging to former Apple designer Jony Ive. The all-stock deal is said to be worth $6.4bn.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What this episode covers
The House of Representatives holds an all-night session as the GOP looks to push President Trump’s budget bill. The proposed tax cuts are expected to add trillions of dollars to the country’s deficit in the next 10 years. As a result, European markets are in the red and are due to track Wednesday’s disappointing session. And in tech news, Open A.I. is to buy the A.I. device start-up belonging to former Apple designer Jony Ive. The all-stock deal is said to be worth $6.4bn.
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House GOP in final push to pass budget
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