Taxes could soon start looking different for many Americans -- as former President Trump's 2017 Tax Cuts and Jobs Act is set to expire in 2025. President Biden has stated his plans to let the act remain expired if he's still in office at the time, while former President Trump would likely reinstate the act, alongside other Trump-era policies. Former President Trump economic adviser Steve Moore and Chief Economist at Moody's Analytics Mark Zandi break down what the effects of the 2017 Tax Cuts and Jobs Act expiring could be.

Congresswoman Marjorie Taylor Greene (R-GA) is urging her colleagues to decide to oust House Speaker Mike Johnson (R-LA) from his position. Next week, she and Congressman Thomas Massie (R-KY) plan to initiate a long-threatened motion to vacate the resolution, setting up yet another vote to send the Speaker packing his bags. Unlike the previous success at removing former Congressman Kevin McCarthy, this move by Rep. Greene is expected to fail – lacking support from both Democrats and Republicans alike. FOX News Senior Congressional Correspondent Chad Pergram provides his insight from Capitol Hill.

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From Washington: What Trump-Era Tax Policy Expiring Means For Your Wallet

The FOX News Rundown is the place to find in-depth reporting on the news that impacts you. Each morning, Mike Emanuel, Dave Anthony, Lisa Brady, Jessica Rosenthal, and Chris Foster take a deep dive into the major and controversial stories of the day, tapping into the massive reporting resources of FOX News to provide a full picture of the news. 
 
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The National Oceanic and Atmospheric Administration (NOAA) is predicting an 'above-normal' hurricane season saying there could be as many as 25 named storms, the most they have ever predicted. NOAA attributes the prediction to a number of factors including warmer than normal ocean temperatures in the Atlantic Ocean and La Nina conditions in the Pacific. The expected heavier than normal hurricane season comes at a time when the director of the Federal Emergency Management Agency (FEMA) is warning the agency could be facing a budget shortfall this year.    

FOX’s Eben Brown speaks with Mike Brennan, National Hurricane Center Director, Erik Hooks, Deputy Director of the Federal Emergency Management Agency and Florida Congressman Jared Moskowitz about this upcoming hurricane season, the advancements in safety warnings and the need for more funding for disaster relief.  

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Evening Edition: Record Number Of Hurricanes Predicted For This Year

Nvidia has been driving an AI stock frenzy, as investors watching Nvidia soar are throwing their money towards the company to satisfy their “investing FOMO.” Meanwhile, the world of business saw some major consolidation in the energy sector, and progressive lawmakers relaunched efforts for a tax on the ultra-wealthy.
Fox Business’ The Big Money Show co-anchor Brian Brenberg sits down with Chairman of O’Leary Ventures and investor on ABC’s Shark Tank, Kevin O'Leary, to discuss it all. 
Kevin explains why some people are looking at artificial intelligence all wrong, what the consolidation in the energy market means for the future of oil, and the unintended consequences of trying to slap massive taxes on the rich.
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Business Rundown: Kevin O’Leary on Nvidia Hype & Taxing The Rich

Former President Donald Trump was found guilty on all 34 counts in his New York hush money trial, making him the first ever former president of the United States to be convicted of a crime. With each count carrying a maximum sentence of 4 years, former President Trump faces a maximum sentence of 136 years. Former prosecutor and former Trump lawyer, James Trusty, joins the Rundown to explain the flashpoints of the case likely to resurface during the appeal. He walks through why he believes the judge “put his finger on the scale” with his jury instructions, the politicization of the case, and the challenges facing the former President’s appeal. Later, they discuss the other Trump legal cases and the political ramifications for the 2024 presidential election.
An increasing number of American allies are calling for restrictions on how Ukraine uses its weapons to fight against Russia. Ukrainian President Volodymyr Zelensky has requested that assets supplied by the United States be used to strike Russian military targets inside its borders. However, the Biden administration prohibits this out of fear that it could inadvertently widen the conflict. FOX News foreign correspondent Alex Hogan joins to discuss why the U.S. is not likely to lift the restrictions and where Western allies' support for Ukraine stands now.
Don't miss the good news with Tonya J. Powers.
Plus, commentary by Jimmy Failla, host of “Fox Across America with Jimmy Failla.”

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"Completely Uncharted Territory": Former President Trump Found Guilty On All Counts

Israeli Prime Minister Benjamin Netanyahu is facing mounting political as Israelis continue to demand the rescue of hostages, early elections and . Netanyahu's major political opponent is his very own Israeli war cabinet minister Benny Gantz of the centrist party, who also has been calling for early elections. Can the self-described 'security hawk' stay in power or will his coalition collapse triggering new elections? Meanwhile, Hamas has offered a new proposal for a ceasefire.

FOX’s Eben Brown speaks with David May, Research Manager and Senior Research Analyst at the Foundation For Defense of Democracies, who says Netanyahu maybe under pressure but his very name and experience in office could carry him through.  

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Evening Edition: Can Benjamin Netanyahu Stay In Power?

Israel is facing further scrutiny after an airstrike in Rafah resulted in the deaths of over forty civilians. The IDF has disputed that the deaths were caused directly by the strike, suggesting nearby stored munitions are to blame. Countries across the globe have condemned the military operation, with three EU countries voting to recognize an independent Palestinian state. FOX News Foreign Correspondent Trey Yingst joins the Rundown to discuss the United States' response to the strike in Rafah, the recent structural failure of the $320 million humanitarian aid pier built off the Gazan coast, and where he sees the conflict going over the coming months.
A recent study from the Centers for Disease Control and Prevention shows that almost one in nine children is diagnosed with Attention Deficit Hyperactivity Disorder (commonly referred to as ADHD). Some experts believe constant access to smartphones is a major part of the problem. Shockingly, nearly one-third of these children have not received any treatment, and the shortage of Adderall, a drug used to treat ADHD, is exacerbating the situation. Psychotherapist Thomas Kersting is the author of "Raising Healthy Teenagers," and he joins the podcast to discuss why more teenagers today struggle to stay focused and how smartphones are worsening youth attention issues.
Plus, commentary by former Trump economic adviser and economist at the Heritage Foundation, Steve Moore.

Photo Credit: AP
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From Washington: What Trump-Era Tax Policy Expiring Means For Your Wallet

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