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WSJ Opinion: Potomac Watch

What's in Biden and McCarthy's Debt-Ceiling Deal?

WSJ Opinion: Potomac Watch

The Wall Street Journal

News, Society & Culture

4.22.8K Ratings

🗓️ 30 May 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Joe Biden and Speaker Kevin McCarthy make an agreement to avoid national default, raising the country's debt limit while restraining spending and adding work requirements to aid programs. Despite some GOP dissent, is this a deal that Republicans should pass? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Ah, the sound of spring cleaning.

0:03.6

Steam clean your way to brighter bathrooms

0:06.4

and sparkling kitchens with the carcass deen cleaner.

0:09.4

You'll be done before you know it,

0:11.4

with more time to pitch your feet up.

0:14.2

Find your carcass deen cleaner at carcature.co.uk

0:18.2

or a carcure retailer.

0:22.9

From the opinion pages of the Wall Street Journal,

0:25.7

this is Potomac Watch.

0:28.7

President Biden and Speaker Kevin McCarthy

0:31.2

make a deal to raise the debt limit

0:33.4

with concessions to House Republicans on federal spending

0:36.8

and work requirements in aid programs.

0:39.8

Welcome, Kyle Peterson, with the Wall Street Journal.

0:42.4

We are joined today by my colleagues,

0:44.7

columnist Kim Strassel and editorial board member,

0:47.5

Kate Batchel-Rodell.

0:49.2

Let's start with two Republicans,

0:51.1

first Kevin McCarthy,

0:52.6

at a press conference on Sunday,

0:54.6

explaining his view of this deal.

0:57.6

Just to take you back to where we all started.

...

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