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Up First from NPR

Treasury Prioritizes Bills, Colorado River Deal, TikTok Sues Montana

Up First from NPR

NPR

Daily News, News

4.552.8K Ratings

🗓️ 23 May 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

The Treasury department is preparing for the possibility of a national default by deciding which bills to pay first if President Joe Biden fails to strike a deal with House Speaker Kevin McCarthy on raising the debt limit. California, Arizona and Nevada are proposing new cutbacks to their use of the drought-stricken Colorado River to keep it from running dry. And, TikTok is suing the state of Montana to block a law that would put an outright ban on the popular video-sharing app.

Transcript

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0:00.0

Did you know as we coordinated our outfits, I just thought that people should see that it was a very...

0:05.0

There was no actual memo, we just talked.

0:07.5

Don't tell them are secrets.

0:12.5

Dead ceiling negotiations are not done and the deadline for default is growing close.

0:18.0

The Treasury Department is prioritizing its bills in case the government fails to raise the debt limit.

0:23.0

So who gets paid first and who has to wait?

0:25.0

I'm Stephen Skieb with Michelle Martin and this is up first from NPR News.

0:31.0

Tens of millions of people across the Southwest rely on the Colorado River, which is drying up.

0:38.0

States that rely on order proposing new cut-bounds.

0:41.0

We know we are going to have to learn to live with a smaller river.

0:44.0

Can they do enough to save the river?

0:46.0

And TikTok is firing back at Montana.

0:48.0

The social media company is suing the state over a law that aims to ban the app.

0:53.0

How will this case affect the federal fight against TikTok?

0:56.0

Stay with us, we'll give you the news you need to get started on your day.

1:01.0

This message comes from NPR sponsor Amazon Music.

1:09.0

If you're an Amazon Prime member, you could listen to this episode of Up First, Add Free on Amazon Music.

1:15.0

All Prime members get access to the largest catalog of Add Free top podcasts,

1:20.0

included with your Prime membership.

1:22.0

To listen to Up First and your favorite podcasts, Add Free,

1:26.0

download the Amazon Music app or visit Amazon.com slash NPR Up First.

1:32.0

What happens if a government runs out of money to pay its bills?

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