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On this week’s Lobby Shop, we dug into government shutdown and tariffs.
The Lobby Shop returns as Congress faces make-or-break funding deadlines. Caitlin Sickles, Paul Nathanson, Dylan Pasiuk, Josh Zive, and Liam Donovan explore government shutdown brinkmanship and the newest moves on trade and tariffs, including the tariff court fight that is headed to the Supreme Court that could redefine U.S. trade policy.
On this week’s Lobby Shop, we dug into tariffs, trade turbulence, government funding, and the shutdown threat.
This week on The Lobby Shop, the team dives into the storm brewing in Washington as Congress heads into August recess. Josh Zive and Paul Nathanson dissect President Trump’s latest tariff moves and their ripple effects on American manufacturers already navigating a volatile trade landscape. Meanwhile, Liam Donovan and Dylan Pasiuk forecast the high-stakes battle over government funding, with a shutdown threat looming large.
I joined Thomas Hochman and Pavan Venkatakrishnan on Right of Way, alongside Yogin Kothari, to talk through the energy title of the One Big Beautiful Bill, foreign entity of concern rules, and what all of it means for permitting reform.
Donovan: To understand this bill, even zooming up out of the energy title, you have to understand the dynamics within the Republican coalition right now, which is transitional. This is not yesterday’s party. It is not the 2017 Republican Party that gave you the Tax Cuts and Jobs Act, even though the core of what this ultimately did was extending those legacy policies.
There’s a “Willie Sutton” issue of how do you offset the things that they wanted to do. There were only so many pools of cash to go after… IRA was a ripe target, especially given the fact that every time you went back and had JCT run the numbers, the cost ballooned. So it went from being a $300 billion tax title in 2022 to a trillion dollars, depending on who you ask, in 2025.
On FEOC, I think there was a misstep by industry seeing this as, “oh, well this is unworkable.” That was a feature, not a bug to the people that wrote it. That was very deliberate… So I think it’s here to stay, and — particularly for stakeholders, for companies and industries — you need to embrace this. Embrace it to the extent that it fits your model, and you can find yourself skating where the puck’s going rather than trying to play catch-up.
On this week’s Lobby Shop, we dug into the One Big Beautiful Bill, reconciliation, House and Senate Republican strategy, Medicaid, tax cuts, and government funding.
This week on The Lobby Shop, hosts Josh Zive, Caitlin Sickles, Liam Donovan, and Dylan Pasiuk unpack the July 4th signing of “The One Big Beautiful Bill,” a major political win for the GOP and President Trump. The team breaks down how the reconciliation bill made it through Congress, the differing strategies between House and Senate Republicans, and how Democrats may use key provisions like Medicaid changes and tax cuts as future campaign ammunition.
I joined Meghna Chakrabarti on WBUR’s On Point, alongside the Tax Foundation’s Erica York, to discuss what the One Big Beautiful Bill Act means for taxes and spending.
And in order to do that, I want to bring in Liam Donovan. He’s a Republican political strategist and President at Targeted Victory, A GOP Public Affairs firm.
Liam Donovan. Welcome to On Point.
LIAM DONOVAN: Meghna, it’s good to be with you.
CHAKRABARTI: So you heard Erica very meticulously explain why this is not a bill, as currently written, that’s going to juice the American economy. She’s talked about $4 trillion in revenue loss for the federal government. In exchange for a meager 0.8% growth in GDP.
Check that with me. Do you see this as an economic growth package as Republicans have historically championed?
DONOVAN: First, I’ll start by saying I have the utmost respect for Erica. I’ve worked with Tax Foundation for many years. I think what you have to think about here is the counterfactual, which is this would be a $4 trillion tax increase absent congressional action.