Biden, the Debt Ceiling, and Work for Welfare

WSJ Opinion: Potomac Watch

The Wall Street Journal

Society & Culture, News

4 • 2.7K Ratings

🗓️ 19 May 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

With a national default looming, President Biden cracks the door to accepting new work requirements in welfare programs, as Republican negotiators want, but there's still little progress on a broader deal. Plus, the Supreme Court lets the IRS demand bank records from innocent parties without any notice, and it won't hold Twitter or Google liable for ISIS attacks. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	BP supports more than 240,000 jobs across the U.S. A workforce aiming to deliver the
0:05.9	energy America needs today while developing lower carbon alternatives.
0:10.1	See how we're investing in America at BP.com slash investing in America.
0:18.2	From the opinion pages of the Wall Street Journal, this is Potomac Watch.
0:23.8	That ceiling negotiations hit the skids as President Biden and Republicans tangle over
0:29.0	work requirements in government aid programs.
0:32.7	Plus the Supreme Court issues unanimous rulings, unchaining the IRS and freeing Silicon Valley
0:38.8	from liability for ISIS terrorism.
0:41.7	Welcome, Kyle Peterson with the Wall Street Journal.
0:44.6	We are joined today by my colleagues, columnist Kim Strassel and editorial board member Kate
0:50.2	Bacheldurodell.
0:51.6	The news from the journal in Washington is that the debt ceiling negotiations have now
0:56.3	been put on pause.
0:58.5	Here is the quote from Speaker Kevin McCarthy in the House.
1:01.0	We've got to get movement by the White House.
1:03.5	We don't have the movement yet.
1:04.7	So yeah, we're in a pause.
1:06.3	The Premier negotiators took a break on Friday morning with no immediate plans to resume
1:12.0	discussions.
1:13.0	So, Kim, can you just give us an overview, a sense of where we are.
1:18.1	These negotiations seem to be grinding on and the ex date as they call it for when this
1:24.4	default is supposed to take place, just keeps getting closer.
	...

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