America at the (debt) limit

Words Matter

Riley Fessler

News, Government

4.6 • 2.8K Ratings

🗓️ 20 January 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week's episode, Norm and Kavita talk about the debt limit, what the U.S. can do at this point to pay its bills, and where we expect this to end. Members get a bonus conversation about the West Wing reboot and China. Read more about the debt limit here: https://crsreports.congress.gov/product/pdf/IN/IN12045 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is Words Matter with Norm Ornstein.
0:08.0	They have no moral backbone.
0:10.4	And Dr. Kavita Patel.
0:12.5	And that's mighty people.
0:14.8	Hello and welcome to Words Matter from the DSFR Network.
0:18.6	Each week Norm Ornstein and I will talk about the issues facing her country as we are
0:22.0	heading into another election cycle.
0:24.4	And what our leaders are saying and doing about them were not.
0:27.5	And today we want to tackle something that I know all our listeners have absolutely
0:32.3	heard us utter these words, Norm, debt limits, debt ceiling.
0:37.6	We're going to just go a little bit deeper into what is exactly at stake and why is it
0:42.4	emerging this week in particular as a headline.
0:46.1	And maybe even I'd love Norm to kind of get your take.
0:50.1	I wish we could play and maybe we can try if I can find it quickly.
0:54.4	The Simpsons clip where there was actually a joke about printing or having a trillion dollar
0:59.7	coin or a billion dollar coin.
1:02.6	Make good on this drunken post.
1:04.5	Truman authorized the one time printing of the largest denomination currency ever, a trillion
1:09.9	dollar bill.
1:10.9	Oh, a trillion dollar bill at a spicy meatball.
1:19.6	And sure enough, that's actually one of the offens on the table is for the Treasury to
1:23.1	mint a trillion dollar coin in an effort to deal with it, federal debt crisis.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Riley Fessler, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Riley Fessler and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.