Originally published on Mon July 14, 2014 12:39 pm
It sits in an imposing building just across Lafayette Square from the White House. Yet the Export-Import Bank, which has been offering credit to foreign purchasers of U.S. goods for 80 years, could start shutting down operations within a matter of weeks.
"There's about a 50-50 chance," says Dan Ikenson, who directs a trade policy center at the Cato Institute.
For the amount of money that's expected to be spent in the Kentucky race for U.S. Senate this year, you could buy a bottle of the state's own Maker's Mark whiskey for nearly every man, woman and child in the state.
Some observers say the election could end up as the most expensive Senate race in history, with spending topping $100 million. And why wouldn't it be? It's at the heart of the battle for control of the U.S. Senate.
If you have some time over the weekend or need a break from the endless LeBron James coverage, you could peruse the highly readable opinion by a Florida judge who invalidated some of the redistricting efforts by the state's Republican Legislature.
House Republicans are pushing ahead with a plan to sue President Obama, accusing him of trying to sidestep Congress and make his own laws.
But the president is also using the suit, which is considered a long shot in legal terms, to score political points.
House Speaker John Boehner says the lawsuit will focus on the administration's decision to postpone the requirement in the Affordable Care Act that large employers provide health insurance for their workers.