The federal budget loop de loop
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 11 January 2024
⏱️ 15 minutes
🧾️ Download transcript
Summary
We’re approaching a partial government shutdown, again. We’ll get into why it feels like we’re back at square one and where Congress goes next. And, we’ll explain why the panel blowout during an Alaskan Airlines flight is a big problem for Boeing, despite its strong position in the market. Plus, what bitcoin exchange-traded funds mean for the future of crypto and Nikki Haley’s Social Security plan.
Here’s everything we talked about today:
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- “SEC makes it easier to trade bitcoin in landmark decision” from The Washington Post
Join us tomorrow for our first Economics on Tap of 2024! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks, a game and more.
Transcript
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| 0:00.0 | Moving on. |
| 0:01.0 | Anywho. |
| 0:02.0 | Look, I appreciate it. |
| 0:04.0 | You're trying to better me. |
| 0:05.0 | I'm trying to look out for you. |
| 0:07.0 | Hey everybody, I'm Kai Rizdahl. |
| 0:08.0 | Welcome back to Make Me Smart, where we make today make sense. |
| 0:12.0 | And I'm Kimberly Adams. Thank you everyone for joining us on this |
| 0:15.0 | Thursday January the 11th. Thursday shows are where we go back to listen to some of |
| 0:20.0 | the big stories of the week. We've got some audio clips lined up we will discuss |
| 0:23.5 | same one Carlos let's go when the hard right says they want a shutdown they are |
| 0:29.1 | saying they want these things VA closures no food inspections, delayed military benefits, and so much more. |
| 0:37.0 | This shows you that the hard right is not serious about governing. |
| 0:42.0 | The only tactic in their |
| 0:43.4 | playbook is to try and bully the rest of Congress and the country to bend to |
| 0:48.5 | their extremist views. So that was Senate majority leader Chuck Schumer, a Democrat, as you can probably guess. |
| 0:57.6 | And that was today. |
| 0:59.2 | He announced that he's going to go ahead and get the ball rolling on a stopgap funding bill to try and |
| 1:05.0 | avoid a government, a partial government shutdown that would start next week. |
| 1:09.3 | So if you remember back when we had our last almost partial government shut down we ended up with what was called a |
| 1:16.8 | laddered CR which was that they divided up the appropriations bills into basically two buckets expiring at different points in time. |
| 1:24.6 | The first expiration date is coming up on January the 19th. |
... |
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