Welcome to The Daily Politic Briefing! Good morning and thank you for joining us on this edition of The Daily Politic Briefing. I'm your host, bringing you the most significant political developments shaping Washington and beyond. Today, we have a packed agenda of crucial policy discussions, legislative hurdles, and partisan standoffs that are defining the current political landscape. Today's Headlines First up, we'll examine President Trump's aggressive push for tax cuts and the complex negotiations underway. Then, we'll look at the tight congressional timelines facing lawmakers before the July Fourth recess. We'll also cover the contentious rescissions package vote, Senate Republicans' border security standoff, and significant progress on cryptocurrency legislation. Finally, we'll discuss emerging divisions on defense policy and proposed changes to green credits and nutrition assistance programs. Trump's Tax Cut Campaign President Trump has set an ambitious three-week timeline for what he calls a "big, beautiful bill" on tax cuts. He's been meeting with Senate Majority Leader John Thune and Finance Chair Mike Crapo to hash out details. The central challenge is making three key business tax cuts permanent at an additional cost of $450 billion. House fiscal hawks are demanding dollar-for-dollar spending cuts for any tax increases, creating a significant hurdle. One compromise being floated involves scaling back Trump's promised tax eliminations on tips and overtime pay, though the White House strongly opposes this approach. Another point of contention involves the state-and-local-tax deduction cap. The House had increased it to $40,000, but any reduction could trigger opposition from blue-state Republicans who see this as essential for their constituents. Congressional Timeline Crunch Senate leadership aims to release final bill text by June 23rd, with votes that same week to meet their self-imposed July Fourth deadline. Majority Leader Thune has even threatened to keep senators working into the recess week if necessary. The real question is whether Speaker Mike Johnson can persuade House members to accept whatever changes emerge from the Senate. With numerous competing interests at play, there's no guarantee on timing, and the pressure is mounting as the deadline approaches. Rescissions Package Faces Opposition Speaker Johnson is moving forward with a vote on a package that would rescind $9.4 billion in previously approved funds for global aid and public broadcasting. However, this effort faces meaningful resistance within his own party. Several moderate Republicans, including Representatives Nicole Malliotakis, Don Bacon, and David Valadao, have expressed serious concerns. With Republicans only able to afford three defections assuming full attendance and united Democratic opposition, the vote margin looks extremely tight. Border Security Standoff Senate Republican leaders are working to resolve a standoff with Senator Rand Paul over border security funding. Budget Chair Lindsey Graham is expected to release text for the Homeland Security portion of the megabill that more closely mirrors the House-passed version. Paul, who chairs the Homeland panel, opposes directing $46.5 billion for building the border wall. In a surprising twist, Paul has claimed the White House uninvited him and his family from the congressional picnic over his opposition to elements of Trump's agenda, highlighting growing tensions within the party. Cryptocurrency Legislation Advances In a rare show of bipartisanship, the Senate is advancing landmark cryptocurrency legislation. A stablecoin regulatory framework has cleared procedural hurdles with support from both parties. A final vote could come as early as Tuesday if no amendment deals or time agreements emerge beforehand. This represents a significant step forward in creating a coherent regulatory environment for digital assets, something industry participants have long advoca