- Reaction score
- 280
- Location
- Shangri La
Washington — President Trump canceled a planned signing ceremony on Wednesday for a landmark housing affordability bill that passed Congress by wide bipartisan margins, saying he will not sign the legislation into law.
Mr. Trump was set to sign the bill, known as the , during an event at the Capitol. The measure, the most comprehensive housing legislation in decades, aims to increase housing supply and bring down costs, including by limiting institutional investors from purchasing certain single-family homes.
Under the Constitution, a bill that has passed both chambers of Congress and has been presented to the president automatically becomes law if he doesn't sign or veto it within 10 days, excluding Sundays, as long as lawmakers are in session.
Then again who has any money left to buy a house etc
These are results for
AI Overview
The Memorandum of Understanding (MOU) signed by the U.S. and Iran pauses active hostilities, reopens the Strait of Hormuz to free shipping, and paves the way for negotiations. However, the exact cost to taxpayers depends heavily on unresolved diplomatic terms and ongoing economic impacts:
Council on Foreign Relations +5
Direct Military & Diplomatic Costs
- Preliminary Pentagon estimates submitted to Congress put direct military operations and equipment replacement at approximately $40 billion. Defense officials requested supplemental funding that could raise this figure. [, ]
- The 14-point agreement outlines a 300 billion fund for Iran's reconstruction, although the text stipulates that the U.S. is not required to financially contribute. []
- Energy Prices: Moody’s Analytics estimated the war and the shutdown of the Strait of Hormuz cost U.S. consumers and taxpayers about $132 billion. This cost was primarily absorbed at the gas pump and in elevated food and commodity prices. [, ]
- Sanctions & Assets: While the U.S. issued temporary sanctions waivers, the two sides have clashed over elements of the deal, including the potential unfreezing of up to \(\$12\) billion in Iranian assets and required concessions regarding international nuclear inspections. [, , ]
