What Next: Congress Plays Chicken

Slate News

Slate Podcasts

News, News Commentary, Politics

4.6 • 6K Ratings

🗓️ 7 October 2021

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Congressional Republicans are forcing Democrats into a game of chicken over the debt ceiling where the stakes are the well-being of the global economy. It’s a showdown that has played out time and again since 2011, but it doesn’t have to be this way. Guest: Jordan Weissmann, senior editor for Slate If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Do you want a superpower watching Rewatch Meersfit?
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0:09.9	Are you thinking this is great but where can I watch Meersfit?
0:13.3	Watch now on all four.
0:14.7	The credits for UK's biggest free streaming service.
0:17.1	Now we've told you what to do.
0:18.7	Watch and rewatch Meersfit, watch and rewatch.
0:21.3	We'll do.
0:21.8	Watch, watch and rewatch, rewatch.
0:23.7	For free.
0:24.5	Oh bugging.
0:25.5	Comparachannel4.com such verified.
0:33.5	When people in Washington talk about the debt ceiling, they use a lot of metaphors.
0:38.8	In the last week, as Democrats and Republicans fought over weather and how to pay the US
0:43.2	government's outstanding bills, the president first said the looming debt ceiling was
0:47.8	a meteor headed to crash into our economy.
0:51.8	And he accused Republicans of playing Russian roulette over the debt limit.
0:57.1	But none of this tells you very much about what the debt ceiling is all about or what
1:01.7	exactly is going to change on October 18th when Treasury Secretary Janet Yellen says
1:07.5	the US is going to default on its loans.
1:11.0	So I asked Slate's Jordan Weissman to give it a try.
	...

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