By skyforbes 
Trump’s tax plan slashes Medicaid, spikes the deficit, and showers the rich — can it survive GOP infighting and public backlash?
Trump’s Tax Bill Is a Political Ticking Time Bomb
President Trump’s “One Big Beautiful Bill” just squeaked through the Senate with a 51–50 vote, thanks to a tiebreaker from VP JD Vance, and now heads back to the House, where it’s losing support fast. Why? It’s a bloated package: corporate tax cuts, Medicaid gutting, slashed nutrition benefits (SNAP), and rollbacks on clean energy and EV incentives, all while adding $3.3 trillion to the deficit.
This isn’t just a tax bill, it’s a blueprint for reshaping government priorities. It shrinks the social safety net, shifts wealth upward, and reasserts Trump’s economic playbook: tax cuts, border walls, and big-ticket nationalism. The problem? GOP infighting and public backlash (polls show most Americans oppose it) could sink it before it becomes law.
The Fed’s Tariff Dilemma: Powell Hits Pause
Fed Chair Jerome Powell made it plain: Trump’s tariffs are why the Fed hasn’t cut rates. Inflation expectations are up, markets are wobbly, and even with signs of economic cooling, like slipping manufacturing and weak hiring, Powell is holding the line.
The Fed’s usually careful with its words. Powell pointing the finger at Trump’s trade policies is a big deal. It signals tension between monetary policy and political decisions, especially with a White House pushing for lower rates to juice growth ahead of the election. The longer rates stay high, the more pain for borrowers, businesses, and the economy.
Car Sales Look Strong — But Don’t Be Fooled
Ford and GM just reported blowout sales, but it’s not a comeback story. It’s panic buying. Americans rushed to dealerships before auto tariffs jack up prices. That surge is already fading, sales are slipping, and analysts expect demand to cool through year-end.
What looks like a win for Detroit is actually a warning. Tariffs might score political points, but they distort demand and raise costs. Companies either eat the margin hit or pass it to consumers. Either way, automakers are bracing for a bumpy ride in the second half of the year.
The AI Backlash Begins: From Code “Vibes” to Content Fights
Two major threads emerged: First, AI is changing how people code, less structure, more vibes. That’s great for creativity, maybe not so much for precision. Second, Cloudflare introduced a system to make AI companies pay publishers for content they scrape. It’s called “pay-per-crawl,” and it could rewrite how digital content is valued online.
We’re watching AI reshape industries in real time, software development, publishing, news, everything. But we’re also seeing the backlash: creatives and coders alike want control and compensation. The fight over who gets paid, and who gets replaced, is only getting louder.