If our citizens understood the dangers we are facing with our wild, out-of-control spending and the enormous advantages of a balanced or near-balanced budget, we might get support for fiscal sanity in Washington. We have no fiscal sanity today, and worse, the optimistic projections from the nonpartisan Congressional Budget Office show the situation getting much […]
President Donald Trump claimed Iran pledged that it will not pursue any tolls or charges of any kind through the Strait of Hormuz, and that negotiations would end if it did. “Iran has informed the U.S. that, despite troublemaking Fake News reporting to the contrary, there are ‘NO TOLLS, NO INSURANCE COSTS, & NO OTHER […]
House Speaker Mike Johnson (R-LA) is set to meet with House Budget Committee Republicans Wednesday, an important meeting that comes as Republicans race against the clock to advance a third party-line spending bill. Republicans only have seven working days left before the House leaves for a weeklong recess for the 4th of July. Upon the […]
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the latest news from the Trump Administration. On today's show, American Petroleum Insitute President Mike Sommers, Stonecourt Capital Partner Rick Davis, Harvard Kennedy School Ash Center Visiting Democracy Fellow Jeanne Sheehan Zaino and States Project Co-Founder Daniel Squadron. (Source: Bloomberg)
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Democratic Senator Angela Alsobrooks of Maryland says the 21st Century ROAD to Housing Act shows Congress can still work in a bipartisan fashion to tackle affordability, arguing there are "many more opportunities" for lawmakers to do so. Republican Senator Roger Marshall of Kansas says the SAVE America Act is the one bill he would choose to pass if he could pass only one more in his Senate career, as President Trump presses Congress to advance the measure. Democratic Representative Sydney Kamlager-Dove of California says she is not prepared to support additional Pentagon funding without more answers from Defense Secretary Pete Hegseth on Iran and depleted munitions stockpiles. (Source: Bloomberg)
A foreign-born federal judge in D.C. ruled Monday that Americans are not allowed to check the citizenship of prospective voters because doing so might “purge voter rolls.” D.C. District Court Judge Sparkle Sooknanan, who is from Trinidad and Tobago, blocked the Trump administration from using an updated database called the Systematic Alien Verification for Entitlements […]
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, Israel's Ambassador to the United Nations Danny Danon says Israel is "very comfortable" with the US representing its interests in Iran negotiations, touting a "strong alliance" with Washington even amid questions about public strains between President Trump and Prime Minister Benjamin Netanyahu. Joe Twyman, Co-founder and Director at DeltaPoll, says the economy and cost of living, not Epstein-related controversy, will likely be seen as the issue that brought Starmer down after the UK Prime Minister resigned. Representative Dan Goldman (D-NY), a member of the House Judiciary and Homeland Security Committees, discusses New York Mayor Zohran Mamdani's endorsement of his opponent, Brad Lander, ahead of Tuesday's primary, saying Democrats broadly agree that life is "way too expensive" for most Americans. (Source: Bloomberg)
President Donald Trump has cheered what he called a record day for global energy shipments, revealing that a staggering 19 million barrels of oil flowed through the critical Strait of Hormuz on Monday.