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The measure includes a number of government spending cuts that were made in exchange for the debt ceiling hike that were agreed upon after weeks of grueling negotiations between the two parties.
The deal, which cleared senate on thursday night, was opposed by 71 republicans in the house and 31 mt. senate. in the senate despite containing some notable policy wins for the gop if including spending restraint, new work requirements for welfare programs and permitting reform. we're back with kim strassel and jace jason riley are -- jason riley, and we'ral joined by kyle peterson. kim, you wrote this week that this was the week that speaker mccarthy earned his speakership which, of course, was so difficult the for him to to get back in january. how so? >> well, he got this win. remember, th...
>> this comes as we learn more about how that deal came together in the first place. what more can you tell us about the process? >> agree. this is a reporting effort across our white house and capitol hill teams held by our colleague peter nicholas, and some really important moments to identify along this process and it starts with the fact that you may remember this with the state of the union address and the president trying to draw republicans out and challenging them to put out a budget to match his own, but then the reveal among capitol hill democrats, that once democrats did pass their ...
Balance the budget to give her credit. i give you a lot of credit for that. that it has to be a process that in reality it is a process. what if the republicans just stood firm on their debt ceiling increase at the 4.8 trillion in savings over 10 years. what would happen then? >> biden would have said no. the financial markets would have collapsed. the republicans would have been crowded into a position for 20 or 30 of them would have joined the democrats. and six or eight of them would have joined the democrats in the senate. and he would have a debt ceiling with no cuts, no changes, no refor...
Default crisis, which i think we'll get done tonight. that's what everybody's expectation is, but we also have to draw the line and say that's not okay. we can't do that ever again where we're holding the entire american economy for hostage because republicans want to kick a few people off of food stamps while they pad the pockets of their billion donors. >> you keep on using that word, being held hhostage, and yet, republicans are saying quite the opposite. take a listen to what republican congressman bob good told my colleague peter alexander. >> well, democrats are being told to suppress th...