Congress Plays Chicken
What Next | Daily News and Analysis
Slate Podcasts
4.3 • 2.4K Ratings
🗓️ 7 October 2021
⏱️ 27 minutes
🧾️ Download transcript
Summary
Congressional Republicans are forcing Democrats into a game of chicken over the debt ceiling where the stakes are the well-being of the global economy. It’s a showdown that has played out time and again since 2011, but it doesn’t have to be this way.
Guest: Jordan Weissmann, senior editor for Slate
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Transcript
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| 0:29.4 | at a 12-ton-ton supply. |
| 0:35.4 | When people in Washington talk about the debt ceiling, |
| 0:38.0 | they use a lot of metaphors. |
| 0:40.7 | In the last week, as Democrats and Republicans fought over weather |
| 0:43.7 | and how to pay the U.S. government's outstanding bills, |
| 0:47.2 | the president first said the looming debt ceiling was a meteor |
| 0:50.9 | headed to crash into our economy. |
| 0:53.4 | Then he accused Republicans of playing Russian roulette |
| 0:57.2 | over the debt limit. |
| 0:59.0 | But none of this tells you very much about what the debt ceiling's |
| 1:01.6 | all about or what exactly is going to change on October 18th. |
... |
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