How Donald Trump and Elon Musk Blew Up The Funding Bill
WSJ Opinion: Potomac Watch
The Wall Street Journal
4.2 • 2.8K Ratings
🗓️ 19 December 2024
⏱️ 19 minutes
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| 0:00.0 | From the opinion pages of the Wall Street Journal, this is Potomac Watch. |
| 0:08.8 | Chaos in Congress again is Elon Musk and Donald Trump blow up a bipartisan agreement to fund the American government through mid-March and avoid a Friday night government shutdown. What does this mean for House Speaker |
| 0:22.8 | Mike Johnson, who put together the deal and the ability of Republicans to govern when they run |
| 0:29.1 | the entire government next year? And should Republicans just cut out the middleman and maybe make |
| 0:35.2 | Elon Musk, Speaker of the house. That's our topic for |
| 0:38.6 | today on Potomac Watch, the opinion page podcast of the Wall Street Journal. I'm Paul as you go |
| 0:44.8 | with Kim Strassel and Alicia Finley. And, you know, no Congress seems to finish these days without |
| 0:51.6 | a spectacle, Kim. Oh my gosh. So why did Musk and Vivek |
| 0:56.3 | Ramoswamy, his partner in the Department of Government Efficiency under Trump? Why'd they blow this up? |
| 1:02.0 | What did they want? So here's what was in the agreement that was prior to this blowup heading to being |
| 1:08.1 | passed. This was a continuing resolution to keep the government funded |
| 1:12.1 | until March 14th, but as a price of getting that through the House and the Senate, where |
| 1:19.2 | Mike Johnson, the Speaker, would have to rely on Democrats to do it in the House because Republicans |
| 1:24.5 | won't vote for a CR. Too many Republicans wouldn't vote for a continuing |
| 1:29.0 | resolution. He had to add in a bunch of things Democrats wanted. So there's $100 billion in |
| 1:35.7 | disaster aid, something that some Republicans wanted to, $10 billion in economic aid to farmers. |
| 1:42.4 | There's a farm bill extension. There are changes to health care law. |
| 1:47.2 | There's a new requirement that you can sell E15 ethanol all year long. It was a Christmas tree in the end. |
| 1:53.9 | And I appreciate that Elon Musk, like many Americans who are worried about spending in debt, |
| 1:59.5 | looked at this and said, what the heck are we doing, given our debt load? And I get it. But the math of this is a lot more complicated than he is giving credit. Musk spent yesterday on Twitter lobbying hand grenades at this product and saying, you know what, just shut the government down. |
| 2:18.6 | We've got 33 days until the inauguration. |
| 2:21.9 | Nothing bad will go wrong. |
... |
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