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The World and Everything In It

5.26.25 Legal Docket, Moneybeat, and remembering the cost of freedom

The World and Everything In It

WORLD Radio

News

4.86.6K Ratings

🗓️ 26 May 2025

⏱️ 38 minutes

🧾️ Download transcript

Summary

On Legal Docket, considering religious rights and government authority; on Moneybeat, explaining the market’s muted reaction; and on History Book, commemorating Memorial Day. Plus, the Monday morning newsSupport The World and Everything in It today at wng.org/donateAdditional support comes from BibleStock.org. Helping Bible teachers bring the land of the Bible to life through photos and videos. BibleStock.org

Transcript

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0:00.0

Good morning. It's Memorial Day. And today, a Supreme Court case involving religious liberty turns on a technicality.

0:12.3

Christian businesses arguing an advisory board that became a powerful agency upsets our system of checks and balances.

0:19.2

You know, the idea that we would take a statute which doesn't set up an independent agency

0:24.1

and declare it one, strikes me as pretty inconsistent with everything that we've done in this area.

0:29.6

Also today, the Monday Money beat David Bonson standing by to talk about market reaction

0:34.7

to the big, beautiful bill, and a musical history book today.

0:46.8

It's Monday, May 26th. This is the world and everything in it from listener-supported World

0:52.0

Radio. I'm Jenny Ruff. And I'm Nick Eicher. Good morning.

0:57.3

Up next, Kent Covington with today's news. Senate Republicans are now taking a hard look at the budget

1:04.3

bill passed in the House last week. That is, of course, what President Trump calls his big, beautiful

1:09.5

bill. It includes tax cuts and funding for the president's other top priorities on border enforcement

1:15.2

and national security.

1:17.0

And on those points, Senate Republicans are largely united, but some, like Senator Rand Paul,

1:22.5

say the bill fails to address Washington's spending problem.

1:25.8

I support spending cuts.

1:29.1

I think the cuts currently in the bill are wimpy and anemic, but I still would support the bill, even with wimpy and anemic cuts

1:34.1

if they weren't going to explode the debt. The nonpartisan Congressional Budget Office projects

1:39.2

that the bill would add trillions to the national debt over a decade, and Paul says the

1:44.0

spiraling debt is a threat to America's national security.

1:47.7

How Speaker Mike Johnson responded on Sunday.

1:50.1

The national debt is the greatest threat to our national security and deficits are a serious problem.

1:55.6

What I think Rand is missing on this one is the fact that we are quite serious about this.

...

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