McCarthy’s debt limit plan targets Biden’s agenda

The 11th Hour with Stephanie Ruhle

MS NOW, Stephanie Ruhle

Politics, Versant, Ms Now, Versant Media, Washington, News, President, Policy, Government, Senate, Congress, Msnbc

4.5 • 3.6K Ratings

🗓️ 20 April 2023

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

House Speaker Kevin McCarthy unveiled his plan to lift the debt ceiling, but it aims to cut big parts of President Biden’s agenda. Meantime, the Supreme Court punts a ruling on the Mifepristone abortion pill to Friday. And the state of gun violence in America, with yet another shooting tied to a seemingly innocent mistake. April Ryan, Yamiche Alcindor, Stuart Stevens, Michael Steele, Sarah Ellison, Jason Rosenbaum, Shaylee Ragar, and Alex Weprin join.

Transcript

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0:00.0	Tonight, more people shot for being in the wrong place.
0:04.6	President Biden going up to Maddox Republicans on the economy.
0:07.9	Kevin McCarthy finally shows his hand on the debt limit and the abortion pill decision
0:12.4	delayed again.
0:14.0	Then the legal battles continue for Fox News.
0:16.9	Smartmatic lawyers say they'll pick up where Dominion left off.
0:20.3	And a spotlight on what's happening at state houses around the country, with our panel
0:24.9	of on-the-ground reporters.
0:26.8	As the 11th hour gets underway on this Wednesday night.
0:36.2	Good evening once again, I'm Stephanie Rule.
0:38.7	The speaker and the president are in a face-off over how to save the nation from economic
0:43.4	disaster.
0:44.4	The U.S. is likely weeks away from a deadline to raise its borrowing limit to keep us from
0:49.4	going into default.
0:51.0	So far, Biden and McCarthy have not been able to agree on any sort of solution.
0:55.4	This afternoon on the House floor, Speaker McCarthy finally unveiled Republicans' plan
1:00.0	to raise the debt limit while cutting spending and replacing key elements of the president's
1:04.5	agenda.
1:06.4	This responsible legislation will be led by our budget chairman, Jody Errington.
1:12.1	Would responsibly raise the debt limit into next year and provide more than $4.5 trillion
1:20.8	in savings.
1:22.2	Our bill would actually claw back billions and dollars of unspent COVID money.
	...

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