CD110: Government Funding Crisis of 2015

Congressional Dish

Jennifer Briney

News, Congress, Government, Politics, Corporations

4.8 • 1.1K Ratings

🗓️ 6 December 2015

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Government shutdown ahead! On December 11th, the government is scheduled to run out of money. In this episode, hear the story of how we ended up on the brink of a shutdown (again) and what you can expect in the next few weeks (hint: A huge must-sign bill that includes lots of corporate favors). We also take a look at the Bipartisan Budget Act of 2015, signed into law in November, which raised the debt ceiling and set the overall budget amount for the giant government funding bill to come. Please support Congressional Dish: to contribute with PayPal or Bitcoin; click the PayPal "Make it Monthly" checkbox to create a monthly subscription to support Congressional Dish for each episode via Patreon Mail Contributions to: 5753 Hwy 85 North #4576 Crestview, FL 32536 Thank you for supporting truly independent media! Bipartisan Budget Act Outline : The Bipartisan Budget Act of 2015 Budget Enforcement 2016: $548 billion for security, $518 billion for non-security 2017: $551 billion for security, $518 billion for non-security 2016 & 2017 for for Agriculture for private insurance providers at 8.9% of the premium through 2026. For context, please listen to Commerce to cell phones for collecting US government debts Strategic Petroleum Reserve from the Strategic Petroleum Reserve. 5 million barrels a year through 2022 8 million barrels in 2022 10 million barrels a year from 2023 through 2025 Pensions pension fund premiums that employers must pay starting in 2017. Health Care 2016 premiums for Medicare Part B by adding a $3 surcharge for future years. drug manufacturers a rebate if they increase their prices for generic drugs more than the rate of inflation. Starting on January 1, 2017, Medicare will for services provided in a hospital and services provided outside the hospital. Facilities that were billing as hosptitals before the enactment of this law . the automatic enrollment of employees in employer provided health insurance plans. Judicial penalties for health care providers accused of fraud in the Medicare and Medicaid system. in the Crime Victims Fund $746 million in civil forfeiture money from the Justice Department piggy bank. Social Security "disability investigation units" with partner with local law enforcement to ensure they exist in all 50 states and all territories. penalties for social security fraud the "file and suspend" option for social security benefits Temporary extension of public debt limit the debt ceiling until March 16, 2017. Spectrum Pipeline Creates a plan for federal wireless spectrum to telecommunications corporations by January 2022. Revenue provisions related to tax compliance for large corporations, hedge funds, and private equity funds. Audio Sources Hearing: , House Rules Committee, October 27, 2015. Additional Reading Article: by Ted Barrett and Deirdre Walsh, CNN, September 30, 2015. Article: by Devlin Barrett, The Wall Street Journal, November 1, 2016. Article: by Wes Wolfe, The Free Press, November 3, 2015. Article: by Karl Fryzel and Michael Conroy, Lock Lord LLP, November 3, 2015. Article: by John Schoen, CNBC, November 5, 2015. Article: by Lisa Schencker, Modern Healthcare, November 9, 2015. Article: by Robert Powell, USA Today, November 28, 2015. Article: by Jake Sherman and John Bresnahan, Politico, December 2, 2015. Sources Report: , Congressional Budget Office, October 28, 2015. Report: Social Security Solutions, November 5, 2015. Report: by Juliette Cubanski and Tricia Neuman, The Henry J. Kaiser Family Foundation, November 11, 2015. Newsletter: , McDermott, Will & Emery, October 29, 2105. Webpage: Webpage: by Zachary Paiker, FactCheck,org, February 7, 2014. Webpage: by Rachel Finkel, FactCheck.org, March 3, 2014. Webpage: , Opensecrets.org Jen's Podcast Appearance : December 7, 2015 episode Music Presented in This Episode Intro & Exit: by (found on by mevio) Cover Art Design by

Transcript

Click on a timestamp to play from that location

0:00.0	I am so damn tired of being like to
0:08.7	I don't think I can't deny it anymore.
0:15.0	You can't stick to your story if you think it flies but I'm not going to buy it anymore.
0:31.0	Hey there friends, welcome to the 110th episode of Congressional dish. I'm your
0:34.5	host Jennifer Briny. So this week we need to talk about the budget because big
0:39.5	things are going down and you should probably know the back story so you can watch the news
0:43.7	from an informed perspective over the next few weeks. This episode is being
0:47.8	released on Sunday, December 4th and on this Friday, December 11th the
0:51.5	government is going to run out of money again.
0:54.0	Yes, that's right, it's another shutdown showdown brought to you by the 114th Congress.
0:59.0	This week I'm going to tell you the story of how we got to the brink of another government shutdown, and I'm going to give you the details of the bipartisan budget agreement that was signed into law last month in November.
1:09.0	The Bipartisan Budget Act was, for reasons that will become clear, believed by many to be a bill that prevented the government shutdown.
1:17.0	So I know there's confusion out there, and we're going to clear all that up.
1:20.0	We're also going to dive into the details of the bipartisan budget agreement because
1:23.9	surprise surprise there were dingleberries. God forbid an important bill
1:28.4	become a law without dingleberries. And I'm going to explain why the worst
1:32.7	dingleberries are probably yet to come, so prepare yourselves.
1:36.0	Congress is about to piss you off again.
1:38.3	I can almost guarantee it.
1:41.0	Also, at the end of this episode, I'm going to address some of the feedback I've received
1:44.7	from the last episode about the GMO Labeling Bill which was the interview with
1:48.2	Kara Santa Maria and then I'll also share some news about the business side of
	...

Please login to see the full transcript.

Previous episode | Next episode

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

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