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The Beat with Ari Melber

GOP "eyes" gutting Medicare, social security as some threaten debt default

The Beat with Ari Melber

Ari Melber, MS NOW

Politics, Government, News, Versant, Ms Now, Daily News, Versant Media

4.64.2K Ratings

🗓️ 26 January 2023

⏱️ 41 minutes

🧾️ Download transcript

Summary

MSNBC's Ari Melber hosts "The Beat" on Wednesday, January 25 and reports on the debt ceiling fight in Congress, with some in the GOP eyeing cuts to Medicare, social security. Plus, Memphis police under fire with calls for criminal charges in the death of Tyre Nichols who died after being pulled over for a traffic stop. Eugene Robinson, Jason Johnson, Fmr. Sen. Byron Dorgan and Maya Wiley join. To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

I'm Ari Melburgh, and we are reporting live from somewhere, as the saying goes, specifically

0:04.7

Washington. Congress under new management, after the bruising fight to elect Speaker McCarthy,

0:09.6

and for all the talk among GOP hardliners about how that clash, remember they said that would

0:14.6

really change things. It would upend the D.C. games or usher in a more accountable, less swampy

0:19.7

leadership. That's what they said.

0:22.6

Well, tonight for top Republicans, I can tell you it's business as usual. The same playbook

0:26.3

the Republican Party used during the last time the Democrats were in the White House and they had

0:30.7

the Congress. It's the brinksmanship that can rattle the economy, and some conservatives argue

0:35.4

actually hurts them too that it drags down

0:37.6

the GOP in the long run. I'm talking about another threat to exploit the financial rules and

0:42.6

govern by ransom. The story involves some Beltway jargon that you've probably heard before,

0:48.3

the once routine process where Congress confirms the spending that it's already passed,

0:55.9

raising the debt ceiling.

1:01.5

Now, Republicans, they still do that when they control the White House. They did it three times without much fuss, as the Post reported under Trump. Then they flip around and, claiming

1:07.0

principle, they'll threaten not to raise the roof if they then lose the White House.

1:12.2

Q. Ted Cruz.

1:14.4

The rules of the Republican Conference provide not that we will never raise the debt ceiling.

1:19.3

It is not my position that we will never raise the debt ceiling.

1:22.9

Rather, what the rules say is we will use the debt ceiling as leverage.

1:28.3

Aha. Ted Cruz admitting it's about leverage.

1:32.8

That means just the power that comes from threatening to actually crash the economy.

1:39.3

And these Republicans think that they have a credible threat that instead of raising the roof

...

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