Friday, May 26th, 2023

Morning Announcements

Betches

News, News Commentary, Daily News, Politics

4.7 • 1.7K Ratings

🗓️ 26 May 2023

⏱️ 6 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today’s Headlines: No agreement has been reached on raising the debt limit, with a looming June 1st deadline. Republicans are making progress on a deal involving the debt limit and spending cuts in the next budget. They want increased work requirements for food stamps and Medicaid while protecting defense spending. The possibility of a deal is low, risking a credit rating downgrade and potential job losses and a recession. Founder of the Oath Keepers, Elmer Stewart Rhodes, has been sentenced to 18 years for seditious conspiracy. Homeland Security warns of potential violence leading up to the 2024 election, while recent charges against January 6th insurrectionists may be preventing further violence. New developments in the investigation reveal Trump's employees moving classified documents. A Texas committee unanimously recommends impeachment for Attorney General Ken Paxton, alleging abuse of power. Resources/Articles mentioned in this episode: CNBC: ⁠What Republicans want in exchange for raising the debt limit⁠ Bloomberg: ⁠US Credit Rating at Risk of Fitch Cut on Debt-Limit Impasse⁠ NY Times: ⁠Oath Keepers Leader Is Sentenced to 18 Years in Jan. 6 Sedition Case⁠ NBC News: ⁠DHS warns of attacks against government buildings, minority groups ahead of 2024 election⁠ Washington Post: ⁠Trump workers moved Mar-A-Lago boxes a day before FBI came for documents⁠ AP News: ⁠Texas lawmakers issue 20 articles of impeachment against state Attorney General Ken Paxton⁠ Morning Announcements is produced by Sami Sage alongside Amanda Duberman and Bridget Schwartz Edited by Grace Hernandez-Johnson Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Today is Friday, May 26th, and you're listening to the Morning Announcements presented by
0:06.6	Betcha's Media.
0:07.6	On your host, Sammy Sage, and the Morning Announcements is your daily 5-minute breakdown of the headlines
0:12.8	that isn't afraid to take a side and roast the most consequential reality show there is,
0:17.4	our government.
0:18.6	This episode is brought to you by Thrive Cosmetics.
0:21.4	Thrive Cosmetics is here to prove that your makeup routine can be bigger than beauty.
0:25.4	Other products are 100% vegan, cruelty-free, and made with clean, skin-loving ingredients.
0:31.0	And as part of their mission, every purchase supports organizations that help communities
0:34.8	thrive.
0:39.4	Guess who's going into Memorial Day without an agreement on raising the debt limit as we
0:43.2	quickly approach the June 1st deadline?
0:46.1	And as we all know, three-day weekends tend to fly by.
0:49.4	The latest indications from Republican Congressional leaders were that some progress was being
0:53.2	made towards the deal that would raise the debt limit, while simultaneously agreeing
0:56.8	to cut spending in the next Congressional budget.
0:59.8	Because again, the debt limit is not actually correlated to future spending, which I am
1:03.6	obligated to mention every time I report on this topic.
1:07.6	Republicans want agreements to increase work requirements for food stamps, Medicaid, and
1:11.7	for the government's total budget to be slash to 2022 levels, while promising the defense
1:16.2	spending be insulated from any cuts.
1:18.9	That would mean cutting literally everything else in the government budget by 20%.
	...

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