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Tangle

Republicans pass debt ceiling bill.

Tangle

Isaac Saul

International News, Politics, Election, Nonpartisan, Us Politics, Local News, News Commentary, Biden, Us Senate, Independent, Us News, Congress, Trump, News, Us House Of Representatives

4.8672 Ratings

🗓️ 1 May 2023

⏱️ 25 minutes

🧾️ Download transcript

Summary

The debt ceiling. On Wednesday, House Republicans narrowly passed a bill to raise the debt ceiling to $31.4 trillion while cutting spending and rolling back key parts of President Biden's agenda. The bill, dubbed the “Limit, Save, Grow Act of 2023,” passed by a 217-215 vote and has no chance of becoming law in the Democratically-controlled Senate. Instead, it is designed to force Biden to negotiate over spending reductions or face a potential default on the nation's debt, as he wants to raise the debt ceiling with no conditions attached.


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You can read today's podcast here, today’s “Under the Radar” story here, and today’s “Have a nice day” story here.


Quick hits (2:29), Today’s story (4:09), Right’s take (6:43), Left’s take (10:21), Isaac’s take (14:00), Listener question (17:33), Under the Radar (19:48), Numbers (20:32), Have a nice day (21:19)


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Transcript

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0:00.0

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0:34.5

From executive producer Isaac Saul, this is Tangle.

0:44.7

Good morning, good afternoon and good evening and welcome to the Tangle podcast, the place we get views from across the political spectrum, some independent thinking without all that hysterical nonsense you find everywhere else.

1:01.4

I hope you all had a great weekend. Today, we are going to be covering the debt ceiling.

1:06.6

More specifically, the debt ceiling bill just passed by Republicans in the House who offered up a process for raising the current debt limit.

1:16.8

Before we jump in, though, a quick note, I want to give a promotion for our Friday edition in which I published 13 pieces of reader feedback from folks who wrote in about various issues related

1:30.4

to the Dylan Mulvaney, Bud Light, controversy, and trans issues more generally.

1:35.9

The piece was very well received.

1:38.5

One reader wrote in and said, thank you for this incredible edition.

1:42.1

I read the whole thing in one sitting.

1:43.9

I couldn't stop. I admire your commitment thing in one sitting. I couldn't stop.

1:45.1

I admire your commitment to sharing reader criticism. It must be painfully hard at times, but the

1:49.8

benefits of sharing it are immeasurable. I learned so much more not only about the differing

1:54.2

opinions and experiences of people across the political spectrum, but also about the facts

1:58.8

underlying these stances. This was an emotional read,

2:02.0

but also an informative one. I can't wait to share it with my family of all political stripes.

2:07.0

Another reader wrote in and said, Isaac, I don't think I've ever seen a more honest form of

2:11.3

journalism than what you continue to produce. It's not only refreshing, it's inspiring. You are

2:16.0

delivering on a particular kind of genius, and it's one the world needs.

...

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