At Last, We Can Stop Writing "Debt Ceiling" In Our Headlines
The NPR Politics Podcast
NPR
4.4 • 25.7K Ratings
🗓️ 2 June 2023
⏱️ 23 minutes
🧾️ Download transcript
Summary
And how conspiracy theories have undermined an effective voter fraud prevention tool.
This episode: White House correspondent Asma Khalid, congressional correspondent Claudia Grisales, senior political editor and correspondent Domenico Montanaro, and voting correspondent Miles Parks.
The podcast is produced by Elena Moore and Casey Morell. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi.
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Transcript
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| 0:00.0 | Hi, this is Zhao Zhao in Overland Park, Kansas, where I just saw my second grader read poetry |
| 0:06.0 | at his school's poetry cafe. |
| 0:08.1 | This podcast was recorded at 108 PM Eastern Time on Friday, June 2nd of 2023. |
| 0:15.2 | Things may have changed by the time you hear this, but I'll still be beaming with pride |
| 0:19.2 | at his courage and his confidence to read his poems in front of his classmates and parents. |
| 0:24.9 | Enjoy the show! |
| 0:30.0 | Hey there, it's the NPR Politics Podcast. |
| 0:33.6 | I'm Osma Khaled, I cover the White House. |
| 0:35.5 | I'm Claudia Griseles, I cover Congress. |
| 0:37.4 | And I'm Dominican Montenar, a senior political editor and correspondent. |
| 0:40.8 | The self-created debt ceiling crisis that Congress manufactured, which threatened to tip the |
| 0:45.8 | global financial system into utter chaos, is now all but over. |
| 0:50.7 | So if you have somehow managed to tune out all the debt ceiling drama over the last few |
| 0:55.7 | weeks, I will say kudos to you, but here are the cliff's notes. |
| 1:00.4 | Congress orders the government to spend its money through every law that passes, but Republicans |
| 1:05.4 | recently refused to allow the government to borrow the money it needs to actually pay |
| 1:10.5 | for all the things that Congress orders it to pay for. |
| 1:14.1 | That led to months of uncertainty until last night. |
| 1:17.7 | On this vote, the Yees are 63, the Yees are 36, the 60 vote threshold having been achieved, |
| 1:23.8 | the bill is passed. |
| 1:26.3 | The House and Senate have now both passed a deal that allows the government to borrow |
| 1:30.4 | money again in exchange for spending cuts. |
... |
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