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Democrats and Republicans are haggling about the Clarity Act, a major bill pushed by the crypto industry, as it moves closer to a Senate vote.
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The measure has drawn bipartisan backing amid a public outcry against the practice, but Democrats opposed it after Republicans added a voter ID requirement.
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The U.S. is continuing to strike Iran for an 11th straight day. Defense Secretary Pete Hegseth on Tuesday revealed the cost of the war on Iran has soared to over $37 billion during an appearance before the Senate Appropriations Committee. However, independent estimates and media reports based on internal leaks suggest the true figure is much higher. Hegseth is now seeking $80 billion more from Congress, including $67 billion for the war on Iran.
"You're requesting billions of dollars in supplemental funding for a war that you said would last for weeks and that the president has no plan or ability to end," said Senator Kirsten Gillibrand, a Democrat from New York, during the hearing. "You are asking for unlimited money for bombs when people can't feed their families."
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House Republicans have tied their entire legislative agenda to President Trump's voting restriction measure, as he has demanded.
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(First column, 6th story, link)
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Republicans managed to push through legislation to fund the government through Dec. 4. But with Democrats opposed, the stage is set for a broader battle.
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The Pentagon seeks an additional $80 billion to cover the costs of the conflict and replenish depleted weapons stocks.
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