The Republicans’ $3 Trillion Vanishing Act

Nearly three weeks into the war in Iran, the United States and Israel have largely decimated the regime’s missile capacity, taken out key leaders and disrupted its central command. Yet, the regime in Iran has become more hardened and is wreaking more havoc than ever. Eric Schmitt ...  Show more

This past weekend, the chairman of the Federal Communications Commission threatened to revoke broadcasters’ licenses over their coverage of the war in Iran. Last month, Stephen Colbert said he had to drop an interview with a Senate candidate because of F.C.C. guidance that target ...  Show more

Republicans are often known as the party of fiscal responsibility. This week, Swamp Notes unravels the US House of Representatives’ “big, beautiful” bill and its uncertain path forward in the Senate. Edward Luce, US national editor and columnist, and James Politi, Washington bure ...  Show more

Congress is trying to come up with a new budget, while also attempting to extend tax cuts put in place during President Trump's first term. But with a very small majority in both houses, Republicans have little margin for error. Then, we look at the first cabinet meeting of the T ...  Show more

The Federal Reserve voted this week to cut interest rates by a quarter percentage point. We discuss the factors behind the agency’s decision, as well as President Trump’s legal fight to fire Fed Governor Lisa Cook.This episode: political correspondent Ashley Lopez, financial corr ...  Show more

The government shutdown is over, after Congress passed a deal Wednesday that funds the government through the end of January. The deal does not extend expiring health insurance subsidies, but it does include a provision allowing several Senate Republicans to sue the government fo ...  Show more