I'm John Batchelor. I'm John Batchel. I welcome Veronique de Regisle

to Mercatus Center at George Mason University to look at the request that the administration has made

for $200 billion to pay for the ongoing violence,

the Iran War in the Middle East, $200 billion,

which will mean an interest bill of about $87 billion,

according to the presentation from

Veronique and Creator's Syndicate column.

So therefore, we're going to round this out to 300 billion.

Where from and how?

Veronique, a very good evening to you.

300 billion is a big number, but you make it very clear that compared to the spending the U.S. government

will do over the next decade, it's 1%, maybe 3 tenths of 1%, it's not much, but they've got to

find it. So they're going to look to the Congress to pass this bill. The first opportunity

for them is a supplemental. What is that and what is the prospect of a supplemental

$300 billion immediately? Good evening to you. Good evening, John. A supplemental spending is the kind of

a bill, like it's basically, it's a way for Congress to get spending through in case of emergency.

And like when you have to spend money outside the budget process because something

happened that you didn't foresee.

So supplemental bills are, is this way of getting things done.

So it is different in that it doesn't follow the regular budget process,

but it's, and also if you label the spending emergency,

it means that it doesn't have to fit under the budget caps set by Congress.

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