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The Playbook Podcast

May 8, 2023: New week, same debt ceiling fight

The Playbook Podcast

POLITICO

News, Daily News, Government, Politics

3.9699 Ratings

🗓️ 8 May 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Between debt ceiling negotiations and the end of Title 42 it's going to be one busy week in politics. All that, and the rest of the news you need to know today. Playbook co-author Rachael Bade on what's driving the day.

Transcript

Click on a timestamp to play from that location

0:00.0

Presented by Farma.

0:02.3

Good morning. I'm Playbook co-author Rachel Bade. It's Monday, May 8th, and all I got to say this morning is buckle up,

0:10.9

because between debt-sealing negotiations and the end of Title 42, it's going to be one crazy-ass week in politics.

0:18.0

The main event is happening at the White House on Tuesday when President Joe Biden

0:21.8

is going to be huddling with congressional leaders to talk about the next steps on this looming

0:25.7

dead ceiling deadline. Ahead of the meeting, Democrats are still demanding a clean debt ceiling

0:30.4

increase, but they're starting to see their own members fracture a little bit, which undercuts

0:34.8

their own negotiating strategy. But House Republicans have their own

0:38.3

headache as we report in Playbook this morning. As we told you a couple weeks ago, conservatives have

0:43.9

come out and said publicly that McCarthy promised them that he would oppose any debt-sealing

0:48.9

legislation that does not include all of the red meat provisions that were passed out of the House

0:53.9

recently. Yet after

0:55.3

making some calls this weekend, I'm learning that GOP leaders behind the scenes are very much trying

1:00.4

to set expectations with other members. There was a chief of staff retreat over the recess,

1:05.8

and I'm hearing that senior aides spent an entire session arguing to Republicans that they need to be sensible

1:11.7

on how they define a win in these debt ceiling talks, specifically because Democrats

1:16.4

control the White House and the Senate. The big takeaway? That even if Republicans only get a

1:21.3

portion of their GOP debt ceiling bill, they should be celebrating. One GOP aide told me if a win is

1:27.3

getting everything you want all the

1:28.6

time, you're going to have a very hard time coming on a winner. The question, of course, I have is

1:33.3

whether McCarthy's conference is actually going to buy this logic. A lot of conservatives voted for

1:38.1

this House GOP debt ceiling bill because they thought McCarthy could potentially get more spending

...

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