Podcast: Banging Our Heads on the Debt Ceiling
Plus: A listener question cross-examines prior 'Reason Roundtable' discussions surrounding immigration, economic growth, and birthrates.
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Plus: A listener question cross-examines prior 'Reason Roundtable' discussions surrounding immigration, economic growth, and birthrates.
Passed by republicans this week in the house, what they call that ceiling bill. that was really a default on the america bill. that is what i think is so extraordinarily dangerous. we know in our own households that when we incur that we can't just sit back and say, i don't feel like paying the rent this month i don't feel like paying the car payments. i don't feel like paying for these utilities. what would happen to us? number one, all those things would be taken away from us and our credit rating would tumble terribly. raising the cost of borrowing money. it is irresponsible and malpractice...
That's where we're at. >> reporter: but we have also heard from president biden and also from schumer. they continue to repeat this mantra of show us your plan. that's to the house gop. show us a plan for what you want to cut. and i asked schumer about this yesterday, jake. i said, well, if you're asking to show a plan, it kind of sounds like you might be open to negotiations here. and he wouldn't answer that directly. he simply said we can't move forward or have any discussions without a plan. it's worth noting too p when he was asked if that was a red line for senate democrats today he didn'...
Boehner did a smart thing when he said we'll pass the clean ceiling bill. he put the monkey on the back of the democrats and a spending president. and the problem we have as a party we dealt with the government shutdown last fall, what we saw is a lot of tea party folks got caught up in repeal obama care when it department have a chance to be repealed instead of delaying the individual man date and there is a great argument for that now. the only way republicans will cut the federal debt and spending is getting the house and senate. >> that is an important point. politics is an issue of math. ...
Boehner did a smart thing when he said we'll pass the clean ceiling bill. he put the monkey on the back of the democrats and a spending president. and the problem we have as a party we dealt with the government shutdown last fall, what we saw is a lot of tea party folks got caught up in repeal obama care when it department have a chance to be repealed instead of delaying the individual man date and there is a great argument for that now. the only way republicans will cut the federal debt and spending is getting the house and senate. >> that is an important point. politics is an issue of math. ...