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Republicans pass debt ceiling bill. episode artwork

May 1, 2023 23 min

Republicans pass debt ceiling bill.

from Tangle

The debt ceiling. On Wednesday, House Republicans narrowly passed a bill to raise the debt ceiling to $31.4 trillion while cutting spending and rolling back key parts of President Biden's agenda. The bill, dubbed the “Limit, Save, Grow Act of 2023,” passed by a 217-215 vote and has no chance of becoming law in the Democratically-controlled Senate. Instead, it is designed to force Biden to negotiate over spending reductions or face a potential default on the nation's debt, as he wants to raise the debt ceiling with no conditions attached. Thank you all for the feedback (and the criticism) that allows this work to be possible. You can read a preview of the full edition and then subscribe by clicking here. You can read today's podcast here, today’s “Under the Radar” story here, and today’s “Have a nice day” story here. Quick hits (2:29), Today’s story (4:09), Right’s take (6:43), Left’s take (10:21), Isaac’s take (14:00), Listener question (17:33), Under the Radar (19:48), Numbers (20:32), Have a nice day (21:19) You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Our podcast is written by Isaac Saul and edited by Jon Lall. Music for the podcast was produced by Diet 75. Our newsletter is edited by Bailey Saul, Sean Brady, Ari Weitzman, and produced in conjunction with Tangle’s social media manager Magdalena Bokowa, who also created our logo. --- Send in a voice message: https://podcasters.spotify.com/pod/show/tanglenews/message

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Republicans pass debt ceiling bill.

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