FROM Ray Long
Should States Declare Bankruptcy? The federal deficit is disturbing, but Washington can print money. The states have to balance their budgets, and the total of shortfalls around the country is at $82 billion. Nobody wants to raise taxes, and even massive cuts aren't likely to make up the differences. As we've just heard, bankruptcy has been suggested.
Should States Declare Bankruptcy? The federal deficit is disturbing, but Washington can print money. The states have to balance their budgets, and the total of shortfalls around the country adds up to $82 billion. Nobody wants to raise taxes and even massive cuts, which threaten the sick, public schools and infrastructure, aren't likely to make up the differences. What about bankruptcy? Currently it's against the law, and even talking out loud might disrupt the municipal bond market. Forget about any federal bailout. The conservative movement sees a chance to shrink government once and for all. We hear which states are the worst off and how their decisions might shape the United States for years to come.
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
What happens when America retreats from the world? Is President Trump taking his "America First" agenda to extremes, withdrawing the country from the international stage on trade and climate change, distancing America from its traditional allies across the Atlantic and even threatening to physically isolate the country through the building of a wall along its southern border? León Krauze guest hosts.
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.