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If you’ve looked at enough charts over time, you start to recognize classic patterns that often appear. From head-and-shoulders tops to cup-and-handle patterns, they almost jump off the page when you bring up the chart. I would definitely include Fibonacci Retracements on that list, because before I ever bring up the Fibonacci tool on StockCharts, I’m pretty confident the levels are going to line up well with the price action.

Today, we’re going to look at a breakout name that shows why Fibonacci Retracements can be so valuable for confirming upside potential. We’ll also explain some best practices for identifying the most important price levels to use when setting up a Fibonacci framework. Finally, we’ll show how Fibonacci analysis could have helped you validate the current uptrend phase for the S&P 500 index.

Confirming Breakouts: Norwegian Cruise Line Holdings (NCLH)

I started dropping quite a few Fibonacci Retracements on price charts soon after the April 7, 2025 market low. As stocks experienced a sudden and severe bounce off those lows, it became clear that we would need some way to validate a potential upside swing. That helped me zero in on the $20 level for Norwegian (NCLH), a level which was finally eclipsed this week.

Using the January high and the April low, we can see a 38.2% Fibonacci level come in right around $20. A gap higher in mid-May took NCLH close to that level, which was then retested again in early June. After bouncing off the 50-day moving average last week, Norwegian finally pushed above this first Fibonacci resistance level with Friday’s rally.

One of the ways we can differentiate between a “dead cat bounce” off a major low and the beginning of a much larger recovery phase is to key in on the first Fibonacci retracement level. If the price can push above this initial upside target, ideally on heavier than normal volume, then the chances of further upside are significantly increased.

In the case of NCLH, we can now bump up a price target to further Fibonacci levels. The 50% line, just below $20, lines up fairly well with the 200-day moving average. The 61.8% comes in right around $23.50, which represents my next upside target, assuming this week’s strength is confirmed by a follow-through day next week.

Identifying Pullbacks: Raytheon Technologies (RTX)

We can also use Fibonacci Retracements to identify downside targets after a major price peak. In the case of Raytheon Technologies (RTX), that means we use the April low and the high from mid-June to generate potential support levels.

In this case, we can see that the Fibonacci retracement levels line up very well with traditional support levels using the price action itself. The 38.2% level lines up with the mid-June low around $135, which also coordinates with the 50-day moving average. Beyond that support, the 50% level sits right at the late May low at $131, and the 61.8% level comes in right around the early May support at $126.

Given an initial pullback from the June peak around $149, I’m seeing strong potential support at the 38.2% level and 50-day moving average around $135. Now I can use Fibonacci levels to better define my risk vs. reward, showing how much downside action I’d anticipate while still keeping an eye on a return to the previous all-time highs.

Validating Uptrends: The S&P 500 Index ($SPX)

Sometimes Fibonacci Retracements are valuable in that they help validate that an uptrend is progressing with a decent pace. For the S&P 500 chart, every break of a Fibonacci resistance level has confirmed the strength of the broad market indexes off the April low.

It took only two sessions for the SPX to break above the 38.2% retracement of the February to April downtrend phase. In fact, the S&P almost reached the 50% level before pulling back to around 5100 in mid-April. From there, we can see a gap back above the 38.2% level, which helped confirm the strength of the new uptrend phase.

I still have the pink trendline on my chart that I remember drawing during the downtrend phase. “As long as the S&P remains below trendline resistance, the market is in a clear downtrend,” I remember saying out loud on my market recap show. So when the SPX broke above the 50% level, as well as that clear trendline, I was forced to acknowledge the staying power of this new uptrend phase.

The S&P 500 stalled out at the 61.8% retracement level in early May, but another price gap higher signaled that the final Fibonacci resistance level was no longer going to hold. And once you eclipse the final Fibonacci level, that implies a full retest back to the 100% point.

So am I surprised that the S&P 500 has pushed to new all-time highs this week? Absolutely not. Indeed, using Fibonacci Retracements on charts like this have helped me admit when a new uptrend is showing strength, and provide plenty of reminders to follow the trend until proven otherwise!

RR#6,

Dave

P.S. Ready to upgrade your investment process? Check out my free behavioral investing course!


David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

marketmisbehavior.com

https://www.youtube.com/c/MarketMisbehavior


Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

The author does not have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

As we head into the second half of 2025, here are three stocks that present strong technical setups with favorable risk/reward profiles. One is the largest market cap stock we’re familiar with, which bodes well for the market in general. The second is an old tech giant that’s making a comeback. The third is a beaten-down S&P 500 name that may be ready to rally.

Let’s dive into these three stocks.

NVIDIA (NVDA) is Leading the Market

Nvidia (NVDA) shares have finally broken out and closed above $150, a level we’ve been closely watching. With price action above that resistance threshold, NVDA’s stock price has room to run.

DeepSeek and tariff concerns seem to be in the rearview mirror. The fundamental positives are continued earnings growth, continued large tech cap-ex spend, and, more recently, Jensen Huang’s unveiling of a cute robot he feels could be the next big thing.

Technically, this move has legs, and we have the patterns and history to show for it. The risk/reward set-up is now quite favorable. Let’s break it down.

Over the last five years, there have been periods of consolidation (green boxes) and then significant breakouts to the upside. In all cases, shares became overbought according to the relative strength index (RSI). But overbought doesn’t mean NVDA’s stock price will reverse. During uptrends, overbought conditions can last for quite some time, as they did after the prior two significant breakouts.

With the official breakout above $150 and RSI again reading over 70, history suggests an extended rally is in the cards. A gain of 25–30% from current levels and a run to $200 is likely.

The downside risk is to the $150 level, from which shares just broke out. If this move is just a head fake, then use that level as a stop to limit your losses. This risk/reward set-up is why we believe this is one to own for the back half of 2025.

Cisco Systems (CSCO) Finds New Life

Old-timers like me may remember what a high flyer Cisco Systems (CSCO) once was. It’s been a member of the Dow Jones Industrial Average ($INDU) since June 2009, and shares have struggled to sustain any upward momentum until lately.

Fundamentally, the company continued to grow through acquisition. Now, those deals are starting to help their bottom line, namely the $28 billion acquisition of Splunk that closed in 2024. 

Technically — and that’s what we care about on the StockCharts platform — we can have some fun.

Below is a 30-year chart going back to the dot-com boom. Cisco was one of Wall Street’s darlings and climbed astronomically before falling from the skies. It has struggled to revisit those levels, but that could change soon. 

Switching to a smaller time frame — a three-year weekly chart (see below) — we are seeing great set-ups as we head into the back half of 2025.

CSCO’s stock price consolidated between $43 and $55 for 15 months and broke out in late 2024. Shares rallied and then pulled back to old resistance (now support) at $55 and began their climb back.

Now shares are breaking out again. An upside target of $82, the all-time high set back during the dot-com era, is within reach and may just get there by year-end. The risk/reward seems favorable and, given the run in tech and cyber stocks which CSCO represents, the momentum is there to reach those highs.

Generac’s Power Play

Welcome to hurricane season! It lasts from June 1st to November 30. Generac (GNRC), a leader in home backup power, tends to perform well during weather extremes. It isn’t always the primary catalyst for rallies over the long term in the stock, but it can spur short-term rallies.

Last week, as much of the country was in the middle of a heat wave, GNRC had the best week of gains since November 2024, rallying nearly 12%. The trend change seems to be underway. Shares are lower by -8.1% year-to-date, and there’s room to run.

However, the charts are showing signs of life. Let’s keep this one as simple as possible.

The stock broke its longer-term downtrend (red line)

Shares have made a consistent set of higher lows (green uptrend)

Shares recaptured their 50-day moving average

Shares consolidated in an ascending triangle and broke out

Shares tested and failed to recapture their 200-day moving average

Progress is being made. The trend has changed, there’s something to reverse, and seasonal factors and reduced tariff concerns are a true tailwind.

Shares could easily pull back — a flag, if you will — to the $135 area, but should be a great entry point from a risk/reward perspective. Overall, shares are poised to continue reversing that longer-term downtrend, and could be a good addition to the portfolio for the end of 2025.

The Bottom Line

Each of these stocks offers a viable investment strategy with favorable risk-to-reward ratios. If you’re going to enter a position, use clearly-defined stop levels to manage your risks.


After six weeks of consolidation and trading in a defined range, the markets finally broke out from this formation and ended the week with gains. Over the past five sessions, the markets have largely traded with a positive undercurrent, continuing to edge higher. The trading range was wider than anticipated; the Nifty traded in an 829-point range over the past few days. Volatility took a backseat; the India Vix slumped by 9.40% to 12.39 on a weekly basis. While trending higher throughout the week, the headline index closed with a net weekly gain of 525.40 points (2.09%).

The breakout that occurred in the previous week has pushed the support level higher for the Index. Now, the most immediate support level has been dragged higher to the 25100-25150 zone, the one that the markets penetrated to move higher. So long as the Nifty keeps its head above this zone, it is likely to continue moving higher. Over the coming weeks, we are also likely to see a distinct shift in the leadership, with the sectors that were in the bottoming-out process taking the lead. This would also mean that one must now focus on taking profits in the spaces that have run up much harder over the past week. While protecting gains, it would be wise to shift focus to the sectors that are likely to see much improved relative strength going forward from here.

The levels of 25750 and 26000 are likely to act as potential resistance levels for the coming week. The supports come in at the 25,300 and 25,000 levels. The trading range is likely to stay wider than usual.

The weekly RSI is 64.58; it stays neutral and does not show any divergence against the price. The weekly MACD is bullish and remains above its signal line. A large white candle emerged, indicating the directional strength that the markets exhibited throughout the week.

The pattern analysis of the weekly chart shows that the Nifty initially crossed above the rising trendline pattern resistance. This trendline began from the low of 21150 and joined the subsequent rising bottoms. However, the Nifty consolidated above the breakout point for six weeks before finally resuming its move higher. The Index has pushed its resistance levels higher; as long as the Index stays above the 25000 level, this breakout will remain valid.

It is also important to note that the Nifty’s Relative Strength (RS) line is attempting to reverse its trajectory. This may lead to the frontline index improving its relative performance against the broader markets. Along with this shift in relative strength, it is also strongly recommended that one consider protecting gains in sectors that have risen significantly over the past several weeks. The leadership over the coming weeks is likely to change, making rotating sectors even more important than before. While protecting gains, new purchases must be initiated in sectors that are showing improvement in momentum and relative strength. While some consolidation cannot be ruled out, a positive outlook is suggested for the coming week.


Sector Analysis for the coming week

In our look at Relative Rotation Graphs®, we compared various sectors against the CNX500 (NIFTY 500 Index), representing over 95% of the free-float market cap of all the listed stocks. 

Relative Rotation Graphs (RRG) show that only two sector Indices, Nifty Midcap 100 and the Nifty PSU Bank Index, are inside the leading quadrant. While the Midcap Index continues to rotate strongly, the PSU Bank Index is seen giving up on its relative momentum. These two groups are likely to outperform the broader markets relatively.

The Nifty PSE Index has rolled inside the weakening quadrant. This may result in the sector slowing down on its relative performance. The Nifty Commodities, Financial Services, Infrastructure, Banknifty, and the Services Sector Index are also inside the weakening quadrant.

The Nifty Consumption Index has rolled into the lagging quadrant. The FMCG Index and the Pharma Index also continue to languish inside this quadrant. The Nifty Metal Index is also located within the lagging quadrant; however, it is sharply improving its relative momentum compared to the broader markets.

The Nifty Realty, Media, IT, Auto, and Energy Indices are located within the leading quadrant. These groups are likely to assume leadership over the coming weeks as they continue to improve their relative momentum and strength compared to the broader Nifty 500 Index.


Important Note: RRG charts show the relative strength and momentum of a group of stocks. In the above Chart, they show relative performance against NIFTY500 Index (Broader Markets) and should not be used directly as buy or sell signals.  


Milan Vaishnav, CMT, MSTA

Consulting Technical Analyst

www.EquityResearch.asia | www.ChartWizard.ae

House Republicans are growing increasingly wary of the self-imposed July 4 deadline to get President Donald Trump’s ‘big, beautiful bill’ to the White House, as the president warns that the bill ‘must’ be ready for his signature by then.

‘I think it’s more important to get the bill correct than it is to get it fast,’ Rep. Scott Perry, R-Pa., a former House Freedom Caucus chairman, told Fox News Digital. ‘I’m interested in a great deliverable product, and spending the time and the resources necessary to get that, whatever they may be.’

It’s a thought shared by members outside of the conservative rebel group as well – Rep. Nicole Malliotakis, R-N.Y., who represents part of New York City, said Fourth of July is a ‘realistic’ goal, but not one she was married to.

‘I’m not set on getting this done by July 4th. I know that’s a goal, it’s a nice soundbite, doing this on Independence Day and celebrating America,’ Malliotakis said. ‘But at the end of the day, we’ve got to do it right. And I’d rather take a few more days, a few more weeks, to make sure we can deliver a good product for the American people.’

Speaker Mike Johnson, R-La., told reporters on Friday that it was ‘possible’ the deadline could slip, ‘but I don’t want to even accept that as an option right now. We want to try to push this.’

The vast tax and immigration bill is currently in the Senate, where lawmakers are still working through several key issues on Medicaid and state and local tax (SALT) deductions among other details.

An earlier version passed the House by just one vote in late May.

Now, several House Republicans are balking at proposed changes in the Senate – though there’s still no final product – and warning that the bill could lose their support when it returns to the House.

Rep. Greg Murphy, R-N.C., who leads the Doctors Caucus, told Fox News Digital he had issues with the Senate version’s comparably harsher cuts to federal Medicaid funding.

‘There is uniform agreement amongst many, many members in the House – if there’s a change in the [federal Medicaid assistance percentage], we’re not voting for it. It would remove the Medicaid expansion of North Carolina. I won’t stand for that,’ he said.

Asked about the feasibility of a July 4 deadline, Murphy said, ‘I’ve been a surgeon all my life … if I plan things, I’m used to having them given up in case a patient needs me for emergencies and things like that.’

Rep. Nick LaLota, R-N.Y., a moderate, said ‘there might be some prudence’ in letting go of the July 4 deadline.

Conservative Rep. Michael Cloud, R-Texas, was more optimistic. ‘I think it’s more worth it to get the bill right, but that’s not to say we won’t get it done by then,’ he said.

Rep. Lloyd Smucker, R-Pa., suggested the timeline will rely heavily on Trump.

The Senate is expected to work through the weekend to pass the bill.

Johnson told House Republicans, meanwhile, to be flexible next week when they’re expected to be home in their districts. Sources have told Fox News Digital that House GOP leaders have offered varying estimations of when lawmakers will have to be back in Washington, from Tuesday through Thursday.

And the House is up against at least one real-world deadline: The U.S. is expected to run out of cash to pay its debts by the summer, according to multiple projections. Republicans have made raising the debt limit a priority in the bill.

Trump, for his part, wrote on Truth Social Friday, ‘The House of Representatives must be ready to send it to my desk before July 4th – We can get it done.’

He said during a press conference earlier in the day, ‘We can go longer, but we’d like to get it done by that time, if possible.’

This post appeared first on FOX NEWS

Speaking with reporters in the Oval Office after a meeting marking a U.S.-brokered peace deal in Africa, President Donald Trump touted his administration’s progress on achieving peace deals across the globe, something he said has been possible because world leaders ‘respect our country again.’  

‘We were not a country that was respected. Just a year ago we had a president that was incompetent. We had bad people circulating around this desk, this beautiful Resolute desk,’ said Trump. ‘They had, I guess, evil intentions. They were, you couldn’t be that stupid, I mean, they had evil intentions, but the world respects our country again.’ 

Commenting on a freshly brokered African peace, which will end a decades-long conflict between the Democratic Republic of the Congo and Rwanda, Trump said it ‘is a tremendous breakthrough.’ 

‘In a few short months, we’ve now achieved peace between India and Pakistan, Israel and Iran and the DRC and Rwanda and, a couple of others also, Serbia [and Kosovo],’ he said. 

He also called his NATO trip ‘very successful,’ saying U.S. allies committed to spend over $1 trillion on defense. 

‘We’ve had some tremendous success,’ said the president. 

Trump also mentioned the successful strikes on three Iranian nuclear sites and the subsequent ceasefire brokered between Israel and Iran. 

‘We had the war, as you know, we call it the ‘12 Day War,’ it was exactly a 12-day war. And we ended up with no nuclear weapons. That’s what we wanted. And they were, they were just absolutely blown to pieces those three sites and there’s no nuclear weapons. And hopefully there can be a lot of healing. And healing is starting,’ he said. 

On the topic of healing in the Middle East, Trump also predicted there will be a ceasefire in Gaza sometime ‘within the next week.’ 

He called the situation in Gaza ‘terrible’ but expressed optimism there could soon be a ceasefire between Israel and Hamas. 

‘I think it’s close. I just spoke with some of the people involved,’ said the president, adding, ‘We think within the next week we’re going to get a ceasefire.’ 

Trump also addressed the ongoing humanitarian crisis in Gaza, saying, ‘We’re supplying, as you know, a lot of money and a lot of food to that area because we have to, I mean, you have to. In theory, we’re not involved in it, but we’re involved because people are dying.’

He called on other countries to also send humanitarian aid to Gaza.

‘We’re working on Gaza, trying to get it taken care of and again, you know, a lot of food has been sent there. And other countries throughout the world should be helping also,’ he said. 

In addition to being respected by America’s allies, Trump said his administration has improved relations with countries such as Russia, North Korea, China and Iran. 

‘Vladimir Putin made some very nice statements today,’ he said. ‘Look, he respects our country again. He didn’t respect it a year ago. I can tell you right now, but Putin respects our country and, President Xi of China respects our country. And Kim Jong Un respects. They respect our country again.’

In response to a question on whether he may authorize U.S. Patriot missiles for Ukraine’s air defenses, Trump simply responded, ‘I may.’ 

This post appeared first on FOX NEWS

Pedro Urruchurtu spoke to the United Nations Human Rights Council on Friday about what he had endured at the hands of Nicolás Maduro’s regime while being forced to shelter in place for over 400 days. Urruchurtu and four other members of Venezuela’s political opposition were freed in May in a successful U.S. rescue mission.

He and his colleagues were effectively trapped inside the Argentine Embassy in Caracas — where the opposition members fled to, and were sheltered due to the diplomatic status of the embassy. 

The opposition figures were under siege by regime forces who made their lives extremely difficult due to their control of the utilities. Urruchurtu told the council he had endured ‘five months without electricity, three minutes of water every ten days, rifles pointed at the windows, and dogs trained to bite; only because those in power considered it a crime to direct the campaigns of Maria Corina Machado in the opposition primaries and Edmundo González in the presidential elections. Both won.’

‘Today I am here despite the state, and not thanks to it, because if it were up to it, I would be missing or dead,’ Urruchurtu said.

United Nations High Commissioner for Human Rights Volker Türk told the council that since May 1, 2024, the human rights situation in Venezuela has only gotten worse. The people have experienced ‘arbitrary detentions, violations of due process and enforced disappearances, amid continued allegations of torture and ill-treatment.’

Türk revealed that his office had documented 32 people — 15 of them adolescents — who reported being tortured and ill-treated in detention. He also noted that 28 people had been subjected to enforced disappearance after the country’s parliamentary elections, which took place in May 2025. He said their whereabouts remain unknown and that at least 12 of them were foreign nationals who ‘do not have access to consular assistance.’

‘The world must no longer look away from the brutal reality of what the once-beautiful Venezuela has become. Nicolás Maduro and his enforcers are running a criminal narco-terrorist dictatorship that jails political opponents, tortures dissidents, and crushes any hope of free expression. Pedro’s voice today represents the cries of thousands of Venezuelans who remain imprisoned, persecuted or forced into exile, as slaves to the regime,’ UN Watch Executive Director Hillel Neuer told Fox News Digital.

Secretary of State Marco Rubio announced in a post on X on May 6 that the opposition members, including Urruchurtu, had been rescued in ‘a precise operation’ and brought to the U.S. A few weeks later, Rubio met with the released opposition members. State Department spokesperson Tammy Bruce said that Rubio had commended the Venezuelan opposition members for their ‘bravery in the face of Maduro’s relentless repression and tyranny.’

Neuer also expressed gratitude for the Trump administration and Rubio’s actions, which led to Urruchurtu’s release.

‘Thank you to the Trump administration and the Secretary of State, Marco Rubio, for their critical role in securing Pedro’s release and the release of his comrades. Once again, proving that strong, principled diplomacy saves lives and advances the cause of freedom for the world,’ Neuer told Fox News Digital.

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Republicans in the House and Senate are anxiously watching whether President Donald Trump will take a more aggressive approach in corralling GOP lawmakers in favor of his ‘big, beautiful bill.’

‘President Trump is the leader of the Republican Party, isn’t he? I think it’s incumbent upon him to make sure everybody in the Senate understands that this is a signature piece of legislation that essentially 77 million Americans voted for,’ Rep. Derrick Van Orden, R-Wis., told Fox News Digital.

The Senate is working through a massive piece of legislation advancing Trump’s agenda on tax, immigration, energy, defense and the national debt — which the president has said he wants on his desk by the Fourth of July.

Trump has been pushing Republicans on the bill in public, addressing it at back-to-back events on Thursday and Friday while also posting on his Truth Social platform. 

Congressional leaders have said they’ve been in near-constant contact with Trump or his White House staff about the legislation. Indeed, numerous White House officials, including Treasury Secretary Scott Bessent, White House Chief of Staff Susie Wiles and Vice President JD Vance, to push Senate Republicans to stay on course. 

But some House Republicans want him to be as forceful as he was when their chamber passed the bill by just one vote in May. Trump summoned multiple groups of Republicans to the White House on several occasions in the lead-up to that vote, and even made a rare trip to Capitol Hill to gin up support within the House GOP.

Sen. Steve Daines, R-Mont., told Fox News Digital that when the House was going through the motions of advancing the mammoth legislation, it ‘looked all but impossible’ to get it across the finish line. 

But it was because of Trump, he said, that the bill succeeded. 

‘He’s our closer in the bullpen right now,’ he said. ‘His arm is getting warmed up, and we’ll bring him in here in the ninth inning, and he’s going to throw heat. And so far, he’s pitched a no-hitter.’

It’s worth noting that several senators who have expressed concerns about the bill have spoken individually with Trump.

But Republicans who spoke with Fox News Digital showed varying degrees of enthusiasm when asked whether the president should repeat the intense involvement he had in the House.

When asked by Fox News Digital whether it’s time for the president to get involved, Rep. Chip Roy, R-Texas., said, ‘That’s up to the White House. It’s up to the president.’

But Roy added, ‘I think the Senate needs to deliver, and I think the Senate ought to make good on the agreement that the majority leader had with us and with the speaker to work with us to achieve that level of spending cuts.’

Rep. Dan Meuser, R-Penn., said Trump is ‘always involved, so he’ll stay involved because we do want to get it done by July 4th.’

Rep. Scott Fitzgerald, R-Wis., said he was not being kept aware of how involved Trump was, but said the president’s deal-making skills would likely be needed.

‘I mean, I think it’s gonna take that type of horsepower to kind of bring everybody together,’ Fitzgerald said.

But some Republicans in the upper chamber are resistant.

‘It doesn’t matter what he says, of course not,’ Sen. Rick Scott, R-Fla., told Fox News Digital. ‘I mean, I’m not voting for something unless I know what I’m voting on.’

Sen. John Kennedy, R-La., wouldn’t say whether he believed that Trump should put a finger on the scales more. But he told Fox News Digital that he was appreciative of the effort that Thune and Senate Finance Committee Chair Mike Crapo, R-Idaho, had put into getting feedback from Senate Republicans, but said that at a certain point, lawmakers just needed to vote on the bill. 

‘We have cussed and discussed this bill for a long, long time, and at some point you move from careful, rational deliberation into the foothills of jackassery,’ Kennedy said. ‘And that’s where we are now. It’s time to vote. If people are unhappy, they can offer amendments.’

Fox News Digital reached out to the White House for comment.

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Vice President JD Vance could deliver the tiebreaking vote in the U.S. Senate for President Donald Trump’s ‘big, beautiful, bill’ should it fail to receive enough support from Republican lawmakers. 

Republicans are scrambling to reform and pass the measure ahead of Trump’s July 4 deadline after Senate Parliamentarian Elizabeth MacDonough’s determination Thursday that several Medicaid reforms in the sweeping tax and domestic policy package did not follow Senate rules and must be removed. 

As president of the Senate, the vice president casts a tiebreaking vote when a measure fails to receive majority support.

There are 53 Republicans in the Senate, meaning three Republican senators could opt out of voting for the bill, and it could still pass with Vance’s support. 

Vance has previously cast tiebreaking votes in the Senate, including in January to confirm Trump’s pick for Secretary of Defense, Pete Hegseth, and on a measure in April to curb Trump’s ability to impose global tariffs. 

Vance’s office declined to provide comment to Fox News Digital.

Republican lawmakers who’ve historically voiced concerns about certain Medicaid provisions included in the ‘big, beautiful, bill’ include senators Susan Collins of Maine, Josh Hawley of Missouri and Lisa Murkowski of Alaska. These lawmakers have cautioned that the reforms would prove detrimental to rural hospitals in their states. 

Spokespeople for Collins, Hawley and Murkowski did not immediately respond to a request for comment from Fox News Digital. 

The domestic policy package also included provisions to beef up border security and would also make permanent the 2017 Tax Cuts and Jobs Act from Trump’s first term.

The White House’s Office of Management and Budget Director Russell Vought told lawmakers earlier this month failure to pass the measure would result in a 60% tax hike for Americans and would trigger a recession. 

As a result, Matt Wolking, who previously served as the deputy communications director for Trump’s 2020 campaign, said Senate Republicans will ultimately band together to approve the legislation to prevent the tax cuts from expiring. 

‘Senate Republicans don’t want to be responsible for the massive tax increase on the middle class that will occur if they fail to extend President Trump’s tax cuts. So, ultimately, they will get this done,’ Wolking, currently with GOP consulting firm Axiom Strategies, said in a statement to Fox News Digital. 

‘President Trump has a big asset in these negotiations with JD Vance, and whether he is needed to break a tie or not, the administration will have another major win under its belt heading into the midterm elections where the strength of the economy will be a big factor,’ Wolking said. 

Earlier this month, Vance met with Republican senators to discuss the measure during a closed-door lunch and said afterward he was hopeful about the odds of passing the legislation on time. 

‘I mean, look, I can’t make any promises. … I can’t predict the future, but I do think that we’re in a good place to get this done by the July 4 recess,’ Vance told reporters June 17. 

Vance also told reporters that despite concerns from lawmakers, including Collins, regarding certain Medicaid provisions included in the measure, he would work to address any issues raised. Still, he said there was broad agreement within the party on reforming Medicaid to block access for illegal immigrants.

‘They’re all very confident we’re eventually going to get there,’ Vance said.

The House narrowly passed its version of the measure in May by a 215-214 margin, with two Republicans voting against the legislation. 

Trump urged lawmakers to get the legislation to the finish line Thursday, labeling the measure the ‘single-most important piece of border legislation ever to cross the floor of Congress.’ 

‘This is the ultimate codification of our agenda to — very simply, a phrase that’s been used pretty well by me over the past 10 years, but maybe even before that — make America great again,’ Trump said at a ‘One, Big, Beautiful Event’ at the White House Thursday. 

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President Donald Trump has secured commitments for a record-shattering $1.4 billion since Election Day 2024, Fox News Digital has learned. 

And advisors say he will be ‘an even more dominant force’ for Republicans in the 2026 midterms. 

The president’s political operation, including the cash on hand at the Republican National Committee, has raised a historic $900 million since November, and other commitments will bring the total to more than $1.4 billion.

Fox News Digital has learned the funds will be used to help Republicans keep their House and Senate majorities.

Republicans control the House with a 220-215 majority and control the Senate with a 53-47 majority. 

Sources say the funds will also be used for whatever the president deems ‘necessary and appropriate.’

‘After securing a historic victory in his re-election campaign in 2024, President Trump has continued to break records, including fundraising numbers that have positioned him to be an even more dominant force going into the midterms and beyond,’ President Trump’s senior advisor and National Finance Director Meredith O’Rourke told Fox News Digital. 

The president headlined a major donor event in Washington, D.C., in April for the National Republican Congressional Committee (NRCC), which is the House GOP’s campaign arm. That fundraiser hauled in at least $10 million for the NRCC, a source familiar with the event told Fox News.

In March, Vice President JD Vance was tapped to serve as the RNC finance chair, the first time in the history of the GOP a sitting vice president is serving in the role.

Vance pledged to work to ‘fully enact the MAGA mandate’ and expand the Republican majority in Congress in 2026.

Fox News Digital’s Paul Steinhauser contributed to this report.

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A Senate Democrat’s push to put a check on President Donald Trump’s powers and reaffirm the Senate’s war authority was shut down by lawmakers in the upper chamber Thursday.

Sen. Tim Kaine’s war powers resolution, which would have required Congress to debate and vote on whether the president could declare war, or strike Iran, was struck down in the Senate on a largely party-line vote, save for Sen. John Fetterman, D-Pa., a staunch advocate of Israel who supported Trump’s strike on the Islamic Republic, and Sen. Rand Paul, R-Ky., who has been vocal in his thoughts about congressional war powers in recent days.

Earlier in the week, the Virginia Democrat vowed to move ahead with the resolution despite a fragile ceasefire brokered between Israel and Iran following weekend strikes on the Islamic Republic’s key nuclear facilities that were not given the green-light by Congress.

Kaine argued that the ceasefire gave his resolution more credence and breathing room to properly debate the role that Congress plays when it comes to authorizing both war and attacks abroad.

He said ahead of the vote on the Senate floor that he came to Washington to ensure that the country does not again get into another ‘unnecessary’ war, and invoked the rush to approve war powers for President George W. Bush over two decades ago to engage with Iraq.

‘I think the events of this week have demonstrated that war is too big to consign to the decisions of any one person,’ Kaine said. 

Indeed, his resolution became a focal point for a debate that has raged on Capitol Hill since Israel began its bombing campaign against Iran: whether the strikes like those carried out during Operation Midnight Hammer constituted an act of war that required congressional approval, or if Trump’s decision was under his constitutional authority as commander in chief.  

Senate Republicans have widely argued that Trump was well within his purview, while most Senate Democrats raised constitutional concerns about the president’s ability to carry out a strike without lawmakers weighing in. 

Experts have argued, too, that Trump was within his executive authority to strike Iran. 

The Constitution divides war powers between Congress and the White House, giving lawmakers the sole power to declare war, while the president acts as the commander in chief directing the military. 

And nearly two centuries later, at the height of the Vietnam War, the War Powers Resolution of 1973 was born, which sought to further define those roles.

But the most impact lawmakers could have is through the power of the purse, and Sen. Mitch McConnell, R-Ky, who plays a large role in controlling the purse strings as the Senate Appropriations Subcommittee on Defense, had a sharp message against Kaine’s resolution. 

McConnell used instances where Democratic presidents over the last three decades have used their authority for limited engagements in Kosovo, Libya, Syria and Yemen, and questioned why ‘isolationists’ would consider the strike on Iran to kneecap its nuclear program a mistake. 

‘I have not heard the frequent flyers on War Powers resolutions reckon seriously with these questions,’ he said. ‘Until they do, efforts like this will remain divorced from both strategic and constitutional reality.’

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