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CNN 5 Things

10 AM ET: Shutdown stalemate, health care strike looming, Slovakia election & more

CNN 5 Things

CNN

News, Daily News

3.71.3K Ratings

🗓️ 30 September 2023

⏱️ 5 minutes

🧾️ Download transcript

Summary

House Republican meet behind closed doors as a government shutdown looms – we’ll explain how it could impact the economy. The largest health care strike in US history could be on the horizon if a labor deal isn’t reached. A Kremlin apologist is leading in the polls as Ukraine’s neighbor elects a new prime minister. The brother of Tupac Shakur speaks to CNN after an arrest was made in the rapper’s shooting death. And celebrations are planned for former President Jimmy Carter’s 99th birthday. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Hey there from CNN. I'm David Rhine with the five things you need to know for

0:05.9

Saturday September 30th. We are just hours away from a government shutdown. So in the plainest English I can manage,

0:14.7

here is where things stand on Capitol Hill.

0:17.4

House Republicans are meeting behind closed doors

0:19.8

this morning to come up with a stopgap plan.

0:22.2

But House Speaker Kevin McCarthy

0:23.8

again failed to find agreement within his own party on Friday, so chances of

0:28.2

finding a way forward are slim. And McCarthy says they won't consider a bipartisan Senate proposal to keep the government

0:35.3

running until November 17th because it contains funding for Ukraine.

0:40.1

As long as that dynamic continues, the government will shut down at midnight.

0:44.4

So I want to understand how this would impact the average American and the wider economy.

0:49.7

CNN Business reporter Matt Egan is here.

0:53.0

Matt, what would this actually look like?

0:55.0

Yeah, David, the timing really couldn't be worse.

0:57.0

We've already got plenty of dark clouds hovering over this economy.

1:00.0

A government shutdown probably will not wreck this economy, especially if it's short, but it's definitely not going to help.

1:07.0

And we know it will disrupt the lives of everyday Americans.

1:10.0

1.3 million active duty troops won't get paid.

1:14.3

Countless travelers could face delays at airports and key economic data

1:18.9

won't get released.

1:20.0

There's never a good time to shut down the government, but right now this is the last thing the economy needs.

1:27.3

There's another major midnight deadline to keep your eye on, this one in the health care industry. At 1159 Pacific time a labor

...

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