FROM William Poole
Congress Pushes Back on the Bailout The Bush White House today warns of economic "calamity" if Congress won't bail out Wall Street, but despite the $700 billion price tag, the leading budget expert in Congress says there's no way to estimate the real cost. Today, Federal Reserve Chair Ben Bernanke told a joint committee of Congress that the economy needs the Wall Street bailout and needs it now. We hear from skeptical Democrats and Republicans as pressure increases and time grows short.
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.
Janesville and the American Dream Janesville, Wisconsin is the hometown of Republican House Speaker Paul Ryan. But he couldn’t prevent the closing of the General Motors factory after 100 years. On this Memorial Day rebroadcast of To the Point, we hear what’s happened to what once was a model of American middle-class unity.
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.