President Trump’s budget bill took a step forward on Thursday, the FBI is warning about online sextortion of teenagers, and a special investigation into judges approving disability claims. Get the facts first with Morning Wire.Balance of Nature: Go to https://balanceofnature.com and use promo code WIRE for 35% off your first order as a preferred customer PLUS get a free bottle of Fiber and Spice.Good Ranchers: Visit https://goodranchers.com for free bacon, ground beef, seed oil-free chicken nuggets, or salmon in every order for a year + $40 off with code WIRE.
Chapter 1: What are the key takeaways from Trump's budget bill?
Trump's big, beautiful bill takes a major step forward, upping the prospect of making his tax cuts permanent. We got to get this big, beautiful deal done.
We got to get it done. And get it done now. Don't wait two weeks. What hurdles remain and where does his tariff war stand now?
I'm Daily Wire Editor-in-Chief John Bickley with Georgia Howe. It's Friday, April 11th, and this is Morning Wire. The FBI is warning Americans about the alarming rise in the sexual exploitation of kids online.
More and more of these sex predators are going online, and they're becoming more sophisticated in the ways that they go after young people, minors that they're trying to exploit.
And a new investigation raises questions about activist judges' role in padding the Social Security rolls with dubious disability claims.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
Hey guys, producer Brandon here. Balance of Nature fruits and veggies provide a convenient way to get your daily whole fruits and vegetables. Using a special freeze-drying process, they transform fresh produce into easy-to-take capsules that you can bring anywhere. While not replacing a healthy diet, Balance of Nature works alongside your other healthy habits to support your wellness journey.
I take these capsules whenever I'm traveling to ensure I get my daily fruits and veggies. Head to balanceofnature.com and use promo code WIRE for 35% off your first order as a preferred customer, plus get a free bottle of fiber and spice. That's balanceofnature.com, promo code WIRE.
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Chapter 2: How is the budget reconciliation process affecting Trump's tax cuts?
The House passed a budget blueprint on Thursday in a critical step toward permanent renewal of President Trump's 2017 tax cuts. GOP leaders were able to overcome conservative holdouts to push the budget reconciliation process forward.
Daily Wire reporter Tim Pearce is here to talk about Trump's victory in Congress as well as the latest on the trade deal, say Tim. So first, what exactly is in this budget blueprint?
Yeah, it makes the 2017 tax cuts permanent and includes funding for Trump's priorities on defense, energy, and immigration. It also lifts the debt limit for about two years. What it missed that almost brought it down in the House is deeper budget cuts wanted by House conservatives.
The Senate resolution just approved by the House outlines about $400 billion in budget cuts, whereas the original House blueprint called for at least $1.5 trillion. But House Speaker Mike Johnson was able to convince conservative holdouts to back the Senate version and open the door to budget reconciliation. Here's Johnson after the vote.
We adopted the Senate's amendments to the resolution, holding in place all of the commitments and the instructions, the guidelines that the House originally enacted. And that was a big step because that will allow us now to move forward to have our committees actually drafting the one big, beautiful bill.
Reconciliation is a complicated process, but the short version is that with this House vote, lawmakers in both chambers can now haggle over the final version of the budget reconciliation bill. The upside here is that the eventual bill to come out of those negotiations will only need 50 votes in the Senate instead of the usual 60 to overcome a filibuster.
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Chapter 3: What is the current status of Trump's trade policies?
But there's always the concern that the gripes from the House conservatives over Thursday's bill could threaten the final bill as well. Johnson has said he hopes to have a bill on Trump's desk by Memorial Day.
That could be some welcome news amid the turbulence around Trump's tariff policies. And about that, after Trump paused most of his tariffs on Wednesday, what is the latest there?
The tally of countries that want to negotiate over trade is now up to 75. That's according to Treasury Secretary Scott Besson's remarks during Thursday's cabinet meeting. There's a long way to go, though. Dozens of trade deals to be negotiated. And it's worth pointing out that Trump didn't pause all tariffs on Wednesday.
There are still heavy tariff rates on China, as well as a flat 10% tariff rate across the board. There are also other tariffs on Canada and Mexico.
So businesses may have to price those in in the coming weeks and months. But we did see some positive news on inflation yesterday. What happened there?
Yeah, the consumer price index for March showed that inflation came in under experts' expectations. Year over year, it increased by 2.4% rather than the expected 2.6%. While that's good news for Americans, don't expect that to mean much as far as interest rates go. Experts expect those to stay where they are as the economy adjusts to Trump's fast-moving tariff policy.
The stock market also dipped back down yesterday after Wednesday's record recovery, so still a lot of turmoil there. But Besson said the U.S. bond market is now doing okay.
The bond auction went very well yesterday. We had a lot of foreigners show up, showing that the U.S. is still the best place to invest. The inflation report was quite good, and energy prices are down more than 20% since January 20th.
So the economy is showing some good signs, but there is still plenty of unknowns ahead. Yeah, indeed. Tim, thanks so much for reporting. Thanks for having me on.
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Chapter 4: What are the FBI's concerns regarding online sextortion?
Chapter 5: How are judges involved in questionable disability claims?
And a new investigation raises questions about activist judges' role in padding the Social Security rolls with dubious disability claims.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
Hey guys, producer Brandon here. Balance of Nature fruits and veggies provide a convenient way to get your daily whole fruits and vegetables. Using a special freeze-drying process, they transform fresh produce into easy-to-take capsules that you can bring anywhere. While not replacing a healthy diet, Balance of Nature works alongside your other healthy habits to support your wellness journey.
I take these capsules whenever I'm traveling to ensure I get my daily fruits and veggies. Head to balanceofnature.com and use promo code WIRE for 35% off your first order as a preferred customer, plus get a free bottle of fiber and spice. That's balanceofnature.com, promo code WIRE.
The House passed a budget blueprint on Thursday in a critical step toward permanent renewal of President Trump's 2017 tax cuts. GOP leaders were able to overcome conservative holdouts to push the budget reconciliation process forward.
Daily Wire reporter Tim Pearce is here to talk about Trump's victory in Congress as well as the latest on the trade deal, say Tim. So first, what exactly is in this budget blueprint?
Yeah, it makes the 2017 tax cuts permanent and includes funding for Trump's priorities on defense, energy, and immigration. It also lifts the debt limit for about two years. What it missed that almost brought it down in the House is deeper budget cuts wanted by House conservatives.
The Senate resolution just approved by the House outlines about $400 billion in budget cuts, whereas the original House blueprint called for at least $1.5 trillion. But House Speaker Mike Johnson was able to convince conservative holdouts to back the Senate version and open the door to budget reconciliation. Here's Johnson after the vote.
We adopted the Senate's amendments to the resolution, holding in place all of the commitments and the instructions, the guidelines that the House originally enacted. And that was a big step because that will allow us now to move forward to have our committees actually drafting the one big, beautiful bill.
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