Iran war funding dilemma
The price tag of the Iran war is $43 billion and counting, but Congress has yet to agree on a funding plan. CQ Roll Call’s John M. Donnelly joins host David Lerman to discuss the latest cost estimates, projections of future costs and prospects for funding the war by year’s end. Show Notes:
Appeals court backs GOP-drawn map in Missouri
A federal appeals court on Monday reinstated a Republican-preferred congressional map for Missouri, setting up a likely third Supreme Court fight over the district lines for the “Show-me State.” The ruling from a three-judge panel of the U.S. Court of Appeals for the 8th Circuit found that, because the state used a map drawn by […]
Fiscal commission weighed as tool to fight soaring debt
House Budget Committee members laid out a case Monday for creating a fiscal commission to tackle the nation’s soaring debt at the panel’s first field hearing in three decades. Retiring Chairman Jodey C. Arrington, R-Texas, brought the committee to his home turf in Dallas while the House is in recess for a three-hour discussion about […]
This week: Senate still at work on college sports bill
The Senate returns Tuesday, and with the House already on recess until after the midterms, the big question might be: How long will senators stay in town? The Senate is also scheduled to be in session next week before departing for election season, unless GOP leaders decide to cut it short like House leadership did. […]
Interest groups say president should not pick next GAO chief
More than a dozen organizations ranging from Americans for Prosperity to Public Citizen are urging lawmakers to change the law to remove the president from the process of appointing the head of the Government Accountability Office. In a letter sent Monday to key lawmakers from both chambers, the groups argue that since the GAO is […]
Trump pivots to foreign policy amid political, legal battles at home
After dishing out more domestic discord this month, President Donald Trump this week will pivot hard to foreign affairs, putting his controversial artificial intelligence and Iran policies in the spotlight as the Senate looks to pass a college sports bill he has backed. The president heads to New York City on Monday for meetings with […]
Golden breaks Democratic ranks to support Lawler’s reelection bid
New York Republican Mike Lawler, one of the most vulnerable members of the House, picked up a notable endorsement Monday from retiring Democratic Rep. Jared Golden of Maine. In an op-ed for The Journal News, Golden pointed to the pair’s work on several bills, including one that would extend a pause on federal lobster regulations […]
Pentagon’s latest Iran war cost estimate: $43.6 billion
The Iran war has cost $43.6 billion as of this month, the highest official estimate to date, the Pentagon told Congress’ defense oversight panels this week. The cost estimate comes as polls show Americans increasingly oppose the war, partly over its impact on the economy, and the issue is looming large as the November midterm […]
Arkansas duo goes to bat for small investment brokers
House Financial Services Chairman French Hill, R-Ark., often calls for easing regulatory burdens on community banks. Now he and a home-state Senate colleague are turning their attention to small investment brokers handling clients’ trades and dealers trading on their own behalf. Hill and Sen. Tom Cotton, R-Ark., have drafted legislation that would relieve small, privately […]
Trump-Xi summit underscores risk of outright data center bans
As President Trump and Chinese President Xi Jinping prepare to meet later this month, much of the attention will center on trade, tariffs and security. Behind those issues lies a larger competition that will determine the economic and military balance of power for decades to come: leadership in artificial intelligence (AI). While Beijing remains the […]