Senate Begins Funding Process Amidst Threat of Shutdown | Balance of Power: Early Edition 7/10/2025

On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss the Senate advancing the first tranche of government-funding bills and Trump’s rescission package facing key vote. On today’s show Representative Chuck Fleischman (R-TN), Senator Shelley Moore Capito (R-WV), Bellwether Government Affairs CEO Arshi Siddiqui, Stonecourt Capital Partner Rick Davis, and Senior Research Scholar at Columbia University’s School of International and Public Affairs David Shimer.

Chapters:
00:00:00 – Balance of Power: Early Edition Starts
00:04:56 – Erik Wasson Breaks Down Political Battles Raging Over Congressional Spending Bills
00:07:47 – Rep. Chuck Fleischmann (R-TN) on Senate Panel Advancing First Tranche of Funding Bills, Threat of Shutdown
00:22:30 – Sen. Shelley Moore Capito (R-WV) Talks Rescission Package Vote, Hurdles Still Facing Trump’s New Tax Bill
00:29:13 – Rick Davis and Arshi Siddiqui Discuss Lack of Bipartisanship for Rescissions Package, Democratic Leadership
00:37:33 – Fmr. NSC Dir. For Eastern Europe & Ukraine David Shimer on Trump Reversing Course and Resuming Aid to Ukraine
00:45:04 – Nasawatch.com Editor Keith Cowing on Trump Naming Sean Duffy Interim Head of NASA, State of Agency
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