Another budget showdown on Capitol Hill
Episode description
The Senate is expected to vote on President Donald Trump’s rescissions package this week, which proposes rescinding $9.4 billion in previously approved spending to several programs, including public media and foreign aid spending. We discuss how this could undermine the bipartisan process. Then, we take a look at Bitcoin trading at new record highs, as U.S. lawmakers prepare to pass new regulations on cryptocurrency. We explain the bills being proposed in what’s been dubbed “Crypto Week.” Plus, we hear listeners’ wins about a resurgence of monarch butterflies and a lifelong dream of clubbing in Berlin.
Here’s everything we talked about today:
- “GOP leader faces showdown with Republicans on Trump-backed funding cuts” from The Hill
- “Schumer warns package to claw back funding would ‘poison’ annual spending talks” from The Hill
- “A Senate vote this week will test the popularity of DOGE spending cuts” from The Associated Press
- “Bitcoin Soars Past $120,000 as House Takes Up Crypto Bills” from The New York Times
- “‘Crypto Week’ on Capitol Hill” from Marketplace
- “Trump Rescission Proposal Builds on Illegal Impoundments, Would Undermine Future Funding Deals” from Center on Budget and Policy Priorities
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