Your Followed Topics

Top 2 ron johnson News Today

#1
Trump sparks defiance as multiple Republicans balk at latest policy plan
#1 out of 2
politics1d ago

Trump sparks defiance as multiple Republicans balk at latest policy plan

  • GOP lawmakers push back on Trump’s 50-year mortgage plan, citing concerns over long-term costs.
  • Sen. John Kennedy calls for a hearing to examine finer details of the policy.
  • Sen. Ron Johnson says he would not back the plan personally if offered a 50-year mortgage.
  • Sen. Rand Paul questions how a 50-year term could be financially viable.
  • Some senators view the policy as representing voters’ interests rather than defying the administration.
  • The discussion occurred as GOP lawmakers weigh the policy against homeownership costs.
  • The policy was floated earlier this year as a plan to reduce monthly payments.
Vote 0
0
#2
Even Republicans Aren’t Buying Trump’s Plan to Bring Down Soaring Costs
#2 out of 265.7K est. views
politics13h ago

Even Republicans Aren’t Buying Trump’s Plan to Bring Down Soaring Costs

  • Top Republicans are opposing Trump’s plan to fund 50-year mortgages and $2,000 tariff checks, warning it could boost debt and inflation.
  • Senators Rand Paul and Ron Johnson criticized the plan, suggesting it risks a market correction and costly interest.
  • Sen. Johnson rejects the 50-year mortgage idea as not a good idea, signaling GOP skepticism.
  • Sen. Kennedy calls for hearings on the mortgage concept due to potential extra interest.
  • Sen. Rick Scott prefers debt reduction to dividend-style tariff checks, citing inflation concerns.
  • Sen. James Lankford warns any dividend from tariffs would still add to the debt.
  • Trump’s popularity has dipped to about 42% with a 55% disapproval, per polling average.
  • Inflation remained around 3 percent year-over-year, influencing voter sentiment.
  • Analysts say tariff revenue would need to cover near $600 billion annually for the checks to be viable.
  • Voters remain concerned about personal finances despite some cheaper Thanksgiving costs.
Vote 0
0

Explore Your Interests

Unlimited Access
Personalized Feed
Full Experience
or
By continuing, you agree to the Privacy Policy.. You also agree to receive our newsletters, you can opt-out any time.

Explore Your Interests

Create an account and enjoy content that interests you with your personalized feed

Unlimited Access
Personalized Feed
Full Experience
or
By continuing, you agree to the Privacy Policy.. You also agree to receive our newsletters, you can opt-out any time.

Advertisement

Advertisement