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Lawmakers at Impasse as Shutdown Drags On | Balance of Power Late Edition 10/07/2025
"Balance of Power: Late Edition" focuses on the intersection of politics and global business. On today's show, US Senator Rand Paul, a Kentucky Republican, discusses his "Six Penny Plan" for balancing the federal budget. Mara Rudman, University of Virginia Miller Center Professor and former Deputy Envoy for Middle East Peace at the US State Department, speaks on the ongoing discussions between Israel and Hamas and the new pressure for a deal as both sides mark two years since the October 7th attack. Senator James Lankford (R-OK) shares his thoughts on President Trump suggesting to fire or eliminate some federal positions during the shutdown and states he believes federal employees should get backpay once the government reopens.
Chapters:
00:00:00 - Late Edition of Balance Power Begins
00:02:45 - Erik Wasson on the Shutdown Latest, Could Parties Be Further Apart, Will Federal Employees Get Backpay
00:05:20 - Sen. Rand Paul (R) Kentucky on Shutdown, Health-care reform, Balancing Federal Budget
00:19:15 - Mara Rudman, Fmr. Deputy Envoy for Middle East Peace at the US State Department, Talks Israel-Hamas Negotiations Two Years After Attack
00:24:43 - Power Moves: S&P 500 Falls After $16T Surge From Lows
00:27:59 - Sen. James Lankford (R-OK) on Pres. Trump Limiting Size & Scale of Federal Govt., Backpay, Health Care Negotiations
00:38:17 - Sid Phillip Discusses Shutdown Worsens Air Traffic Controller Shortage
00:39:59 - Political Panel React to Air Travel Issues, Are Shutdown Negotiations Getting Worse, Govt. Paycheck Deadlines Loom, War Powers Act Over Venezuela
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Published Oct 7, 2025
