Host good morning. Thursday, october 12. Both on the house floor are expected soon though not scheduled. The delay in electing a speaker has hindered any passing. Secretary blinken arrived in the region. We are taking your calls on the topic. Republicans, 202 7488001. Democrats, 202 7488000. Democrats, 202 7488002. You can send us a text at 202 7488003. Be sure to include your first name and your state. Welcome to todays washington journal. We will start with the speaker vote. This is a rollcall with the headline, speaker vote uncertain as jordan backers hold out. At least 20 republicans can oppose on the floor, more than enough to seek sink the speaker bid. Steve scalise is bid is on shaky ground as a republicans went behind closed doors to figure out the next steps, even after selecting the nominee during a morning conference meeting. Several conservative said they will not support skellys on the floor, even as his top arrival for the job is supporting him and encouraging others to d
States is monitoring potential economic effects from the war but has yet to see any significant impact. She also said the u. S. Is not ruling out the possibility of sanctions for iran and hamas in light of the attack on israel. The United States condemns the attack and the strongest possible terms. Turning to our priorities here in miracast, i will start with the global map of the economy. The Global Economy continues to be in a better place then they thought it might be. The projections are roughly the same as they were in july. While some countries continue to experience slowing growth, we continue to closely monitor downside risks. In the last eight we had fedex truck historically strong recovery by the Biden Administrations economic plan. Inflation has declined. We are also making longterm investments. The chips and signs act and the Inflation Reduction Act and the impact will be felt far beyond the United States. The massive investments in clean energy will help the Global Challen
The cato institute. Is here to talk about ways to reform the National Flood Insurance Program, which has to be free off the rise by the end of september and is nearly 25 billion in debt. Good morning. First explain what the National Flood Insurance Program is and who uses it. Guest its the main way people who live in floodplains or by oceans or anywhere where they like it flooded, how they get insured. There is now a little bit of private insurance. More than 90 of people get it through this. The big problem with the National Flood insurance is it does not really function all that much like insurance. For instance if you have a house and live in washington, d. C. , the more expensive your house is, more prone it is to some kind of potential damage, can you pay more insurance. National Flood Insurance really does not work all that well like insurance. It does not increase the cost if you live close to a floodplain. One of the biggest problems in our study that came out the other week is
Balance those objectives, and then it needs to look at capabilities, what type of force structure do you need, the delivery systems, but also the warheads and the maintenance of the nuclear complex, and finally, it has to look at cost. How do you look for ways to save money . Where additional investment is required . Those are some version of the main components. Who works on this . Its right out of the pentagon, but in the past, there are levels of outside input that comes in. Rebecca generally, its been led by the pentagon but with varying degrees of involvement from interagency. Took on aocument broader scope. It strategy was a bit broader. It involved more of our inner agency partners, as well as international partners. Aaron what is the benefit of that and maybe the drawback . Review lets you get ideas upfront, bring stakeholders in, and inevitably, they are a little less surprised and more on board in the end. Drawbacks . It can be a bit cumbersome. It can move slower when youve
Projections and that a series of designs will be finalized by the end of the year. Hawaii, annual exercises kicked off june 30. I spoke with our correspondent about what to expect. Limited pacific exercise is the Worlds Largest naval exercise. It takes place every two years. 50 ships, there are and 45 summary and staking part. There are 27 nations, 25,000 people have gathered. Most of it is in and around hawaii. The ships gather in poll harbor pearl harbor. We spend the last weekend having parties, playing soccer, playing volleyball, getting to know each other, a lot of socializing. And then july they go out and do several weeks of exercises. The pacific is a world of bilateral relationships. There is no nato in the pacific. There is no Central Organization were everybody goes and sees everybody oneonone. Wheres an opportunity more nations take part than any other exercise. It is a major opportunity for people to meet each other, to talk to each other, to get to know each other, and to