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Live from NPR News in Washington, I'm Dan Ronan. The White House says so far the war with Iran has cost the U.S. government $12 billion. NPR's Luke Garrett reports. Despite the high cost, President Trump's top economic adviser doesn't think the administration will need more money from Congress.
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Last week, lawmakers on Capitol Hill expected a White House request for war funding, which would have given Congress a real say on the conflict. But Trump's top economic adviser, Kevin Hassett, told CBS News they might not need Congress's help.
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We've got the weapons that we've already got in place to do this, and so we're not necessarily going to need any kind of supplement.
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The National Economic Council director acknowledged short term pain in the US Economy and rising gas prices. But Hassett argued the war will create long term benefits.
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So we expect that the global economy is going to have a big positive shock as soon as this is over. And we're still being briefed that it would be four to six weeks from the beginning and that we're ahead of schedule.
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The conflict in the Middle east has shown few signs of slowing down as missile strikes continue. Luke Garrett, NPR News, Washington.
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In a social media post Sunday night, President Trump accused news organizations of what he said is treason for their reporting on the US Israeli war against Iran. Specifically, he cited without evidence that the Wall Street Journal and others have published Iranian created AI photos of alleged war battles showing Iran attacking Ukraine US Vessels. The chairman of the Federal Communications Commission is threatening the licenses of broadcasters over what he says is fake news about the U. S Israeli war in Iran. NPR's Danielle Kurtzleben reports.
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FCC Chair Brendan Carr made the threat in a social media post that accused outlets of, quote, running hoaxes and news distortions, unquote. He added, quote, broadcasters must operate in the public interest and they will lose their licenses if they do not, unquote. In the post, Carr attached a social media post in which President Trump said that outlets including the New York Times and the Wall Street Journal want the US to lose the war in Iran. He also characterized workers at those outlets as truly sick and demented people. The administration has multiple times accused news organizations of pushing fake news after running stories about difficulties and damages the US has suffered in the war. Danielle Kurtzleben, NPR News.
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A late winter storm is piling through the Midwest. Here's Marc Chouinard with the national weather
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of these areas are seeing 1 to 2ft of snow portions of Minnesota, Wisconsin, northern Michigan. Locally, higher totals. Quite a bit of wind with this storm, too. So we have the blowing snow issue as well, and then the cold temperatures behind it. Yeah, I mean, we'll have temperatures across portions of the Northern plains that get below zero.
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The National Weather Service is warning about potential heavy rains Monday, damaging winds and possible tornadoes for from South Carolina to Maryland. And you're listening to NPR News from Washington. Trade and economic negotiations between the United States and China have begun in Paris. The talks are being led by the US Treasury Secretary Scott Bessett, and China's vice premier, He Lifong, as the top negotiator for Beijing. The two sides met for more than six hours on Sunday. Lebanon's president is proposing ceasefire talks with Israel, but Israel's foreign minister is not publicly weighing in about the possibility of those talks. Itai Stern reports from Tel Aviv, speaking
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with reporters at the site of an Iranian missile strike in northern Israel. Foreign Minister Gidon Saar would not comment on the reports, but a person familiar with the matter, not authorized to speak publicly. The tells NPR that Ron Dermer, a confidant of Prime Minister Benjamin Netanyahu, has been appointed to lead potential negotiations with Lebanon. This comes after a weekend of heavy rocket fire from Hezbollah toward northern Israel. Israel has responded with large scale airstrikes across Lebanon, and officials say they are not ruling out an Israeli ground campaign in Lebanon. Lebanese authorities say the fighting has displaced around 800,000 people. For NPR News, I'm Itaj Stern in Tel Aviv.
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The United States has advanced to the finals of the preseason World Baseball Classic Tuesday night in Miami. They hung on to beat the Dominican Republic 2 to 1 Sunday night. The US will now play the winner of Monday night's semifinal game that between Venezuela and Italy. This is NPR News. I'm Dan Ronan.
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Date: March 16, 2026
Host: Dan Ronan
Duration: ~5 minutes
This episode delivers a concise roundup of the latest headlines from the U.S. and around the world, featuring updates on the U.S.-Iran conflict and its economic impact, controversy over media coverage and government response, a severe winter storm in the Midwest, ongoing U.S.-China trade negotiations, the Israel-Lebanon situation, and a quick look at sports news.
[00:00–00:58]
War Expenditures: The White House reports the war with Iran has cost the U.S. government $12 billion so far.
Congressional Approval: Despite expectations, the Trump administration may not seek additional Congressional funding for the conflict at this point.
“We've got the weapons that we've already got in place to do this, and so we're not necessarily going to need any kind of supplement.”
— Kevin Hassett, National Economic Council Director ([00:32])
Economic Outlook: Hassett acknowledges short-term economic pain and rising gas prices, but argues the war will yield long-term global economic benefits.
“So we expect that the global economy is going to have a big positive shock as soon as this is over. And we're still being briefed that it would be four to six weeks from the beginning and that we're ahead of schedule.”
— Kevin Hassett ([00:47])
Ongoing Conflict: Missile strikes continue in the Middle East, with no signs of de-escalation.
[01:05–02:22]
President’s Accusations: President Trump accuses U.S. news organizations of “treason” over their war coverage, specifically alleging–without evidence–that outlets have published Iranian AI-generated photos depicting false war scenarios.
FCC Intervention: Brendan Carr, FCC Chair, threatens broadcasters’ licenses over what he describes as “hoaxes and news distortions” regarding the U.S.-Israeli war in Iran.
“Broadcasters must operate in the public interest and they will lose their licenses if they do not.”
— Brendan Carr, FCC Chair ([01:41])
Additional Context: The administration repeatedly accuses media of promoting “fake news” stories that highlight U.S. difficulties and damages in the conflict.
[02:22–02:47]
Weather Developments: A late winter storm brings heavy snowfall (1–2 feet, locally higher) to parts of Minnesota, Wisconsin, and northern Michigan, with high winds and subzero temperatures forecast for the Northern Plains.
“Quite a bit of wind with this storm, too. So we have the blowing snow issue as well, and then the cold temperatures behind it.”
— Marc Chouinard, National Weather Service ([02:27])
Further Warnings: The National Weather Service cautions about heavy rains, damaging winds, and potential tornadoes from South Carolina to Maryland.
[02:47–03:15]
[03:15–04:19]
Ceasefire Proposal: Lebanon’s president proposes ceasefire talks with Israel; Israel’s foreign minister remains noncommittal publicly.
Israeli Response: Heavy fighting persists amid Hezbollah rocket fire; Israeli airstrikes hit Lebanon, and officials consider a ground campaign.
“Israel has responded with large scale airstrikes across Lebanon, and officials say they are not ruling out an Israeli ground campaign in Lebanon.”
— Itai Stern, NPR Correspondent ([03:33])
Displacement: Fighting has displaced approximately 800,000 people within Lebanon.
[04:19–04:39]
Kevin Hassett:
“We've got the weapons that we've already got in place to do this, and so we're not necessarily going to need any kind of supplement.” ([00:32])
“So we expect that the global economy is going to have a big positive shock as soon as this is over.” ([00:47])
Brendan Carr:
“Broadcasters must operate in the public interest and they will lose their licenses if they do not.” ([01:41])
Marc Chouinard:
“Quite a bit of wind with this storm, too. So we have the blowing snow issue as well, and then the cold temperatures behind it.” ([02:27])
Itai Stern:
“Israel has responded with large scale airstrikes across Lebanon, and officials say they are not ruling out an Israeli ground campaign in Lebanon.” ([03:33])
This summary provides a comprehensive breakdown of the latest five-minute news from NPR, highlighting key events in global affairs, U.S. policy, weather, and sports.