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Skimm This

Big Deals: Budget Breakthroughs, Boeing, Happy Birthday Simpsons

Skimm This

theSkimm

News

4.53.6K Ratings

🗓️ 17 December 2019

⏱️ 12 minutes

🧾️ Download transcript

Summary

The House just passed a budget bill to fund the federal government through next September. The budget was only possible after lots of behind-the-scenes dealmakings, and the finished product includes some measures on election security and gun violence research that could have a big impact. Meanwhile, Boeing says it’s pushing ‘pause’ on production of its 737 Max aircraft. We’ll break down why this plane has made major headlines this year, and what it means for the US economy that Boeing will no longer make it. Also on today’s show: why some Democrats are vying for the ‘impeachment manager’ track, and ‘The Simpsons’ turns the big 3-0.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Tuesday, December 17th.

0:02.8

Welcome to Schim this.

0:04.2

We're breaking down the most complex stories of the day and giving you the context on

0:07.6

why they matter.

0:08.9

If you thought setting a personal budget is hard, try funding the US government.

0:13.1

We'll tell you why this year's budget planning is going a little bit better than normal.

0:17.7

Then Boeing says it'll stop building its best selling 737 Max airplane.

0:22.7

A move that could have a larger impact on the US economy.

0:26.5

And finally, a beloved TV show turns the big 3-0.

0:30.2

We're here to make your evening smarter.

0:32.2

Let's Schim this.

0:38.9

The most complicated story today is about how to avoid a government shutdown.

0:43.3

Today, right before everyone goes home for the holidays, the House of Representatives approved

0:48.0

a budget to fund the government through next September.

0:51.0

While creating a budget seems like it should be pretty straightforward, in Congress, it

0:55.0

never is.

0:56.0

And, this budget required a lot of deal-making between Democrats and Republicans.

1:01.0

So today we're going to get into why today's budget deal is such a big deal.

1:05.1

And what it can mean for you.

1:07.4

First, we got to look at how the government's been getting funded or not funded recently.

1:12.6

See, while the new year starts January 1st, the new fiscal year starts October 1st.

1:18.6

Sweater weather.

...

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