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City Journal Audio

Build Back Debtor

City Journal Audio

Manhattan Institute

Politics, News Commentary, News

4.8615 Ratings

🗓️ 13 October 2021

⏱️ 19 minutes

🧾️ Download transcript

Summary

Brian Riedl joins Brian Anderson to discuss the state of play in Washington, D.C., the tug-of-war between progressive and moderate Democrats, and the long-term consequences of runaway federal spending.

Transcript

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0:00.0

Welcome back to the Ten Blocks podcast.

0:18.0

This is Brian Anderson, the editor of City Journal.

0:21.8

Joining me on today's show is Brian Reedle. He's a senior fellow at the Manhattan Institute. He works on fiscal and

0:26.7

economic policy. Brian has previously worked as the chief economist to Senator Rob Portman

0:32.2

and as the staff director of the Senate Finance Subcommittee on fiscal responsibility and economic growth,

0:39.6

he writes frequently for many, many publications, National View and others, and he's, of course,

0:44.9

written for City Journal. So, Brian, thanks very much for joining it. Glad to be here, Brian,

0:49.1

thank you. You know, Congress is on recess this week, as most people know, who follow these things,

0:55.6

but there's a ton of news coming out of Washington. Last week, the Senate struck a temporary deal

1:01.6

to raise the death ceiling through December. The week before, Nancy Pelosi delayed a long

1:07.8

promised vote in the House on the $1 trillion bipartisan infrastructure

1:13.9

bill, which already had passed the Senate and has been championed by the Democratic Party's

1:19.4

moderates.

1:20.7

The party's progressive wing, however, insisted that the infrastructure measure be linked to a separate

1:25.7

multi-trillion dollar social policy bill called

1:29.0

build back better. The moderates, above all senators Joe Manchin and Kirsten Cinema,

1:38.4

they say they won't vote for build back better if its price tag remains in the stratospheric

1:44.1

$3.5 trillion range. So that's a lot going on,

1:48.3

a lot to take in. You know, Brian, you follow this more closely than almost anybody I know. So perhaps

1:55.7

you could help make sense of it all. You know, what has gone on over the last couple of weeks?

2:00.7

What's the current state of

2:01.7

play in Congress with regard to those two major bills? And how likely is it that one or both

...

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