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Senate Passes President Trump’s Megabill (WSJ. 20250701)
Senate Republicans squeaked President Trump's tax and spending megabill through the Senate today, capping a long night of dealmaking to win over holdouts with a tie-breaking vote from Vice President J.D. Vance. The Senate's 51/50 action puts Republicans on the verge of locking in Trump's top legislative priorities, extended tax cuts, new tax breaks, reductions in Medicaid spending, and more money for border enforcement and defense. The package would next go to the house where Republicans would again need to bridge deep political divides in the party. Federal Reserve chair Jerome Powell said that steady economic activity would allow the central bank to wait and see the effects that tariffs have had on prices and economic growth before resuming interest rate reductions. Speaking at a conference in Portugal hosted by the European Central Bank, Powell declined to make any predictions for the Fed's upcoming meeting at the end of the month, and said that decisions would be shaped by the economic outlook. AMC Entertainment has reached an agreement with creditors to reduce debt and receive new financing. The movie theater operator said its transaction support agreement will strengthen its balance sheet by raising more than $223 million of new money financing and immediately converting at least $143 million of debt into equity. The move comes as AMC has struggled to find its footing post-pandemic. And Boeing has named Stephen Parker president and chief executive of its Defense, Space & Security business. Parker has been interim leader of the business since September, following the previous head's departure. Boeing said that Parker will oversee all aspects of the defense unit, which has been plagued by troubles.
미 상원이 트럼프가 추진하는 세금 및 지출 법안을 가까스로 통과시킴. 표결에서 동수가 나와 부통령이 푤를 행사하며 51/50으로 통과됨. 통과된 법안에는 감세 연장, 취약계층 의료지원 프로그램(Medicaid) 삭감, 국경 및 방위비 증액 등이 포함됨. 이제 하원에서도 통과해야 함. 한편, 파월 연준 의장은 관세가 물가 및 경제 성장에 미치는 영향을 지켜봐야 하며 기준금리를 서둘러 인하하지 않겠다고, 경제 전망에 따라 다를 것이라고 언급함. 한편, 영화관 기업 AMC Entertainment가 채권단과 함께 부채를 줄이고 신규 융자를 받는 데 합의함. 이번 합의를 통해 새로 자금을 조달하고 부채를 즉시 자본으로 전환할 것임. 항공기 제작업체/방산업체 Boeing이 Stephen Parker를 방위, 우주 및 안보 부문 사장 겸 최고경영자로 임명함. Parker는 지난 9월 이후 임시로 해당 부문을 이끌어왔음. 최근 Boeing은 방위 부문에서 여러 어려움을 겪었으며 Parker가 이를 총괄할 것임