
Episode 224 : Congress Passes Debt-Ceiling Bill, Averting Default
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About this listen
After weeks of political impasse and tense negotiations, the Senate voted 63-36 to approve bipartisan legislation to raise the nation’s debt limit, sending the compromise bill to the White House ahead of a projected Monday default deadline. The result, at least until January 2025, will allow the Treasury to immediately resume paying bills with borrowed funds and it will impose spending caps on portions of the budget for two years.
Public Strategies’ Mark Alderman, Rodney Davis, and Towner French discuss this truly bipartisan success and break down the final tallies in both chambers. Also, as former VP Pence is set to launch his presidential campaign on June 7, they also ponder what impact it will have on the growing 2024 Republican primary
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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.