TOP NEWS | Debt Ceiling Debate Heats Up, FBI Director Could Be Held In Contempt Over Subpoenaed Document, Former First Lady | May 30

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🗓️ 30 May 2023

⏱️ 13 minutes

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Summary

On today’s Daily Signal Top News, we break down: Republican Rep. Scott Perry of Pennsylvania, the chairman of the conservative House Freedom Caucus said on Tuesday that the debt ceiling deal brokered by President Joe Biden and House Speaker Kevin McCarthy "fails completely." Ryan Walker of Heritage Action discusses the latest updates on the debt ceiling debate. House Speaker Kevin McCarthy said on Fox News this morning that he’ll move to hold FBI Director Christopher Wray in contempt if he doesn’t provide a document subpoenaed by the House Oversight and Accountability Committee. The Carter Center announced on Tuesday that the former first lady, Rosalynn Carter, has dementia. Relevant Links Listen to other podcasts from The Daily Signal: https://www.dailysignal.com/podcasts/ Get daily conservative news you can trust from our Morning Bell newsletter: DailySignal.com/morningbellsubscription Listen to more Heritage podcasts: https://www.heritage.org/podcasts Sign up for The Agenda newsletter — the lowdown on top issues conservatives need to know about each week: https://www.heritage.org/agenda Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	I'm Virginia Allen. I'm Spantha Sharis. And this is the Daily Legal Top News for Tuesday, May 30th.
0:07.0	Here are today's headlines.
0:20.0	Republican Representative Scott Perry of Pennsylvania, the chairman of the Conservative House Freedom Caucus,
0:27.0	said today that the debt-sealing deal, broker by President Joe Biden and House Speaker Kevin McCarthy,
0:33.0	fails completely. Take a listen.
0:36.0	We're here to let you and the American people know that Speaker McCarthy had a mandate from the American people
0:43.0	negotiated with the powerful negotiation position of a unified Republican party, not only just in the House,
0:53.0	but in the House and the Senate to hold the line for the bill that we passed.
0:59.0	This deal that we've heard about totally fails to deliver on all of it.
1:04.0	Biden and McCarthy reached a deal on the debt-sealing on Saturday.
1:08.0	The 99-page bill, known as the Fiscal Responsibility Act of 2023, aims to rescind roughly 30 billion
1:17.0	of unspent COVID-19 relief funds and completely fund veteran medical care at the levels in the president's proposed budget for 2024.
1:29.0	According to the Associated Press, the bill also ends the student loan repayment pause in late August.
1:35.0	The House of Representatives is expected to vote on the legislation on Wednesday.
1:40.0	CNN reports that the bill also aims to suspend the U.S. debt limit until January 1, 2025.
1:48.0	Keep non-defense spending relatively flat in Fiscal Year 2024, increase non-defense spending by 1% in Fiscal Year 2025,
1:59.0	and accelerate the completion of a natural gas pipeline in West Virginia known as the Mount Valley Pipeline.
2:07.0	Joining us to further discuss the bill is Ryan Walker, the Vice President of Heritage Action, which is the grassroots arm of the Heritage Foundation.
2:14.0	Ryan, thanks so much for joining us.
2:16.0	Thank you for having me.
2:17.0	So first and foremost, what are your thoughts on this bill?
2:20.0	Yeah, I think it's, listen, this has been quite the process in the House.
	...

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