What to know about live, public hearings where lawmakers plan to reveal their findings from the Capitol riot investigation for the first time.
Also, a potentially historic heatwave will impact tens of millions of Americans this week.
Plus, a big turnaround in the housing market and new steps to make it easier for some to buy a home, which big-name businessman could be spending more than anyone ever has on an American sports team, and what's being called the Airbnb for pools: swimming pool owners are making a killing renting out their backyard spaces.
As Americans watch their government leaders spend more and more, the average citizen is struggling to pay for food and gas. It seems that the Biden administration is more concerned with placating a base of radical leftists than crafting a federal budget designed to help everyday Americans.
To Rep. Kevin Hern, R-Okla., the government needs to focus on balancing its budget, especially as it continues to spend exorbitant amounts of money.
"The only place in America without a balanced budget has been the federal government, and we're seeing the ramifications of that with high inflation, skyrocketing fuel prices, skyrocketing food prices," Hern says. "The list goes on and on."
Hern says the out-of-control government spending under President Joe Biden has dire consequences for the safety of the nation.
"I think if we don't start now, we're never going to get our federal spending under control," the Oklahoma Republican says. "Interest on our debt is going to be higher than our defense budget in just five years. Much of that interest is going to go to China, where they're going to use their money to build a defense to come after us."
Hern joins "The Daily Signal Podcast" to discuss House Republicans' budget proposal and what the consequences of Biden's budget would be.
We also cover these stories:
An armed man from California is arrested near Supreme Court Justice Brett Kavanaugh’s house in Maryland and says that he came to murder the justice.
Fourth grader Miah Cerrillo speaks about her experience surviving the massacre at Robb Elementary School in Uvalde, Texas.
Biden admits that voters have sent a clear message that politicians need to be tougher on crime, after the successful recall election for San Francisco District Attorney Chesa Boudin.
In the aftermath of a series of horrible mass shootings across the country, there is a knee-jerk reaction to demonize gun owners and call for sweeping gun control legislation.
But more often than not, those in the media and political classes calling for assault weapon bans and other gun control don't understand the very things they're legislating.
"There's just a complete lack of basic knowledge on the topic of firearms," says Stephen Gutowski. "How they work, how they're regulated, what the politics even are around them, why people oppose different policies that are often put forward in the wake of these shootings."
Gutowski is a firearms reporter and founder of gun news site thereload.com.
He joins this bonus episode of The Daily Signal Podcast to discuss gun laws, and proposed gun control legislation.
Listen to the podcast or read the lightly edited transcript below.
Nearly everyone agrees the cryptocurrency industry needs regulation, but there are huge disagreements about what that should look like.
A Senate bill proposes a new regulatory framework for the industry. Cosponsors Cynthia Lummis (R-Wyoming) and Kirsten Gillibrand (D-N.Y.) argue that their bill hits the "sweet spot" between allowing innovation and protecting consumers.
Software engineer Molly White, who runs the blog Web3 is going just great, says that the bill is too industry-friendly, and puts into legislation the "foggy regulatory space" that crypto companies have taken advantage of.
Help NPR improve podcasts by completing a short, anonymous survey at npr.org/podcastsurvey.
The most valuable crypto stories for Wednesday, June 8, 2022.
"The Hash" team discusses today's top stories, including Ethereum's Ropsten testnet moving to proof-of-stake, Solana's $100 million fund for South Korean crypto projects and Citibank's report on crypto user adoption.
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This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz. Our theme song is “Neon Beach.”
On today’s episode, NLW covers a set of recent news in the crypto industry, including:
Reactions to the Responsible Financial Innovation Act
SEC investigating Binance over BNB
Reuters report on Binance and money laundering
BlockFi raising money on a down round
Coinbase’s rescinded job offers
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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Andriy Onufriyenko/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
It will be an emotional day in Congress as survivors from Uvalde and Buffalo pressure lawmakers on guns. FBI sued by Larry Nassar's victims. 50 years since an iconic Vietnam photo. CBS News Correspondent Steve Kathan has today's World News Roundup.
Pakistan’s government faces an unpleasant choice between doing what’s popular and what is economically necessary, as Imran Khan, the former prime minister, exploits widespread discontent for his own ends. Russia’s invasion is threatening Ukraine’s unique seed bank. And why so many languages have such a rich variety of words to describe family members and relationships. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer
