Charles Schwab's Mike Townsend says we're in a "funny, little, quiet" period in D.C. as the Senate turns attention to the GOP's "big, beautiful" tax bill. Mike notes American optimism the bill will be passed by July 4th is likely a "false marker," believing there will be a greater focus on the debt ceiling at the end of July. Liz Ann Sonders turns to the jobs data and weighs data validity. She would not be surprised if there's a hard data "catch down" in the coming weeks.