Pentagon Pentagon spending: $1T + $100B
The Senate must pass $1 trillion in government funding and $100 billion in Pentagon cash before elections after two record-setting shutdowns under Trump.
Where this was said
Senate's High-Stakes Week: Funding, War, and a Troubled DNI Nominee
At 3:22 · chapter starts 2:42
With two record-setting government shutdowns already on the books since Trump took office, the Senate faces another deadline: pass government funding before the November elections or risk a third. [1] — Eric McDaniel "The Senate has one week to pass $1 trillion in government funding, $100 billion in Pentagon spending, and confirm a Director of National In…" 02:41 NPR's Eric McDaniel laid out the scale of the challenge — $1 trillion in baseline funding, $100 billion in new Pentagon cash — and noted that the Senate's de facto 60-vote threshold means the 53 Republican senators cannot do this alone. They need Democrats, but Democrats have little incentive to cooperate: they're being asked to fund both Trump's immigration enforcement agenda and a war in Iran that Congress never formally authorized, as the Constitution requires. On top of that, Trump's pick for Director of National Intelligence, Jay Clayton, entered his confirmation process with bipartisan goodwill but eroded it quickly by refusing to clearly disavow Trump's 2020 election conspiracy theories — though Republicans retain enough votes to confirm him on a party-line basis if needed.
CxMT most valuable China-listed company
Chinese chipmaker CxMT's shares soared on their Shanghai trading debut, making it the most valuable company listed on China's stock exchange.
CxMT's Record-Breaking Shanghai Debut
Chinese chipmaker CxMT became the most valuable company listed on China's stock exchanges after its shares soared on debut in Shanghai. Its chips power AI servers and consumer smartphones — a direct play on China's race to build semiconductor independence amid U.S. export restrictions.
60-vote Senate threshold
The Senate's de facto 60-vote threshold means 53 Republican senators need Democratic help to pass most legislation before the August recess.
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8 states have filed social media lawsuits
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France built 56 nuclear plants in the 1970s
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Estonia has one tax form
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