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Belle of the Ranch

Let's talk about government shutdowns, continuing resolutions, and more....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 19 August 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

Let's talk about government shutdowns, continuing resolutions, and more....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there internet people, it's Bowe again. So today we are going to talk about budgets, the U.S. federal budget.

0:07.0

We're going to talk about the idea of a government shutdown. We are going to talk about continuing resolutions.

0:15.8

We're going to talk about McCarthy and we're going to talk about why the Democratic Party is

0:20.4

being so accommodating right now.

0:23.2

It's a little weird, and it has led to some questions.

0:28.1

Okay, so for background, the current federal budget,

0:31.6

it runs out, I want to say September 30th

0:36.2

and it is unlikely that the Democratic Party in the Senate and the Republican Party in the House

0:47.0

are going to be able to work out any kind of functioning budget during this period. Why? Because inside the Republican

0:57.0

Party in the House there's a bunch of hardliners. There's a bunch of people who are far, far, far right. There's not a lot of them, but they have a lot of influence.

1:07.0

So their demands would kind of put Republicans in the House in a situation where if it was pushed at the moment,

1:21.0

well they might have to support things that are frankly absurd but maybe

1:27.6

there's another alternative and that's a continuing resolution.

1:32.5

What is a continuing resolution?

1:34.5

A mini budget lasts for a few months.

1:36.8

I want to say the one they are talking about

1:39.5

would run through December. It would run through December.

1:45.0

And McCarthy floated this idea and it has been warmly received and Democrats in the Senate are like, that's a good idea.

1:56.8

I think even Schumer was like, yeah, you should do that. And there's a lot of people who follow politics asking why. Because realistically,

2:08.8

if the Democratic Party played hardball right now, it would lead to a government shutdown and it would

2:16.4

widely be perceived as the Republican Party's fault because it would be the

2:22.0

Republican Party arguing in the House

...

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