Wednesday, May 3, 2023
The 7
The Washington Post
4.5 • 1.3K Ratings
🗓️ 3 May 2023
⏱️ 6 minutes
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Summary
Wednesday briefing: Texas shooting suspect; Federal Reserve meeting; Biden border strategy; Hollywood writers’ strike; and more
Transcript
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| 0:00.0 | The Federal Reserve is expected to raise interest rates again today, and the President is sending |
| 0:07.6 | more troops to the Mexico border. |
| 0:10.2 | I'm Jeff Pierre, and this is the the seven from the Washington Post. |
| 0:13.4 | It's Wednesday, May 3rd. |
| 0:15.2 | Let's get you caught up with today seven stories. |
| 0:17.6 | First up, House Democrats are going to try to force a vote on the debt ceiling. |
| 0:26.6 | The government may not be able to pay its bills as soon as June 1st. |
| 0:31.2 | It would cause an economic disaster if Congress doesn't allow the U.S. to borrow more money. |
| 0:35.6 | And the solution has gotten a little complicated. |
| 0:38.8 | Republicans want a debt limit increase tied to spending cuts. |
| 0:42.3 | Democrats want to raise it |
| 0:44.2 | without conditions like Congress did three times under President Trump. So House |
| 0:49.3 | Democrats have found a process that could let them bypassed Republican leaders to pass a clean |
| 0:54.1 | bill to raise a debt ceiling, but they would need some GOP support and they |
| 0:58.8 | couldn't fully begin the process for another two weeks. President Biden is also set to host a meeting about the debt |
| 1:05.5 | limit with congressional leaders next week. |
| 1:11.1 | Number two, the man accused of killing five neighbors in Texas was caught yesterday. |
| 1:19.5 | The suspect was hiding in a house less than 20 miles away from Cleveland, Texas, where the |
| 1:24.0 | shooting took place on Friday. San Jacinto County Sheriff Greg Kapers spoke |
| 1:28.8 | about the capture at a briefing yesterday. The suspect is in custody. |
| 1:34.0 | I have just left Montgomery County Jail where he was taken. |
| 1:38.1 | He was caught hiding in a closet underneath some laundry. |
... |
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