The Situation Report for December 4, 2025. The latest on what Congress has been up to since Democrats finally ended their 43-day shutdown. Rep. Crenshaw covers the much talked about Epstein vote, as well as the most recent developments in our standoff with Venezuela and the Ukraine-Russia negotiations. And he brings the receipts on Punchbowl New's "Mexico scandal" – which turns out to be the most boring story ever.
43 days lost and Democrats flat out lied to you
Get ready for the Obamacare subsidies debate
About that Epstein vote
A fun fact about Epstein's buddy Larry Summers
Aftermath of the attack on DC's National Guard
Governor Tim Walz (remember him?) has a $1 billion+ fraud scandal
How hawala networks are possibly using taxpayer dollars to support terrorism
President Trump gives Maduro an ultimatum
Jared Kushner is back! The latest on Ukraine-Russia negotiations
MEDIA BIAS ALERT: Lies, damned lies, and Punchbowl News (about that "alcohol-related incident" in Mexico)
A new tariff deal between U.S. and Britain
TRAVEL ALERT: Get your REAL ID ready for TSA
Read more debunking of the Punchbowl News story here
Listen to my podcast with Dr. Ge Bai on the healthcare debate here
Since Democrats decided to shut down the government over Affordable Care Act subsidies, now's a good time for a deep dive into what they're even talking about. John Hopkins professor Dr. Ge Bai walks us through the ACA subsidies, the hidden mechanics behind the Affordable Care Act, and its illusion of "affordability." Dr. Bai shows us how regulations and subsidies have quietly reshaped the healthcare market - and how the free market can make it work for patients again.
Ge Bai, PhD, CPA is a Professor of Accounting at Johns Hopkins Carey Business School and Professor of Health Policy & Management (joint) at Johns Hopkins Bloomberg School of Public Health. An expert on health care accounting, finance, and policy, Dr. Bai has testified before the House Ways and Means Committee and the Senate HELP Committee, written for the Wall Street Journal and the Washington Post, and published her studies in leading academic journals such as the New England Journal of Medicine, JAMA, and Health Affairs.
Find her on X at @GeBaiDC and read her recent WSJ oped here: https://www.wsj.com/opinion/let-the-obamacare-enhanced-premium-subsidies-expire-16ef7e1b
Cato Institute's Travis Fisher joins Rep. Crenshaw to cover the current state of climate science vs climate alarmism. They unpack the new Department of Energy climate report that surveys the latest climate models, the impact of CO₂, ocean acidification, and hurricane trends. They look at the impact of a 2009 EPA regulation called the "Endangerment Finding," which has had a massively negative impact on American innovation and prosperity. They also discuss the path forward towards energy realism: reliable, affordable, and secure energy paired with innovation-driven, commonsense environmental progress.
Travis Fisher is the director of energy and environmental policy studies at the Cato Institute. He has nearly 20 years of experience in energy policy, including leadership roles at the Federal Energy Regulatory Commission, the Institute for Energy Research, and the Department of Energy during the first Trump administration. He most recently served again on a detail to the Department of Energy under Secretary Chris Wright, where he managed the development of the new climate report. Find him on X at @ts_fisher and read his research at Cato Institute.