Congress' Dilemma: Spending Swiftly vs. Spending Wisely

The Daily DC

CNN

News

4.4 • 621 Ratings

🗓️ 23 March 2020

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Congress must pass an economic stimulus to aide the flagging economy, but Washington gamesmanship and political leverage plays aren't disappearing despite the crisis. As the pressure increases, Congress must choose between spending swiftly and spending wisely. Join CNN Political Director David Chalian, CNN Congressional Correspondent Phil Mattingly, and CNN Economics Commentator Catherine Rampell to break down the latest stimulus details.To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

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0:00.0	Rated T for Teen.
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0:34.6	Hey, everyone. I'm David Chalien, the CNN political director. This is the Daily D.C.
0:40.8	Tensions are extraordinarily high on Capitol Hill as Republicans and Democrats look to complete a deal on this $2 trillion stimulus package in the works.
0:51.2	What once looked like it could have been smooth sailing, of course, has met the
0:54.6	reality of Washington, where nothing is truly smooth sailing. So Mitch McConnell is the Senate
1:00.9	majority leader and railing against Democrats for slowing this down and playing partisan
1:05.4	politics.
1:06.5	It's time for that good faith to be reciprocated. It's time for Democrats to stop playing politics and step up to the plate.
1:14.8	While his counterpart, the minority leader, Chuck Schumer, says it's McConnell that's actually playing politics.
1:20.4	Leader McConnell continues to set arbitrary vote deadlines when the matter of real importance is the status of the bipartisan negotiations.
1:29.4	They are in good faith negotiations.
1:31.7	The Democrats are with the administration, with their Republican counterparts,
1:35.1	and they want to make sure to put in some protections for workers, for taxpayers,
1:41.1	into this $2 trillion spending bill.
1:43.7	This is all happening while we learned that a member
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