Government Funding & Debt Ceiling, Biden’s Big Bills, Presidential Approval

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Mike & Jay open the show with a look at the last minute continuing resolution that keeps the government going until early December, as well as prospects for a default when the debt ceiling is reached on or around October 18. Mike agrees with Treasury Secretary Janet Yellen that the debt ceiling should be eliminated (or at least set at one quattuordecillion dollars), whereas Jay believes it’s a useful speed-bump that might help to provide some small measure of fiscal responsibility.

Next, they discuss the fate of two massive intertwined bills – the $1 trillion infrastructure bill and the $3.5 trillion budget resolution. Mike & Jay stick with their predictions that both will eventually pass, and while Jay sees this as a sign that the progressives are in charge of the House, Mike argues that progressives will end up with a whole lot less than they hoped for.

Finally, it’s an examination of presidential approval. With President Biden’s approval rating underwater, Donald Trump has been sounding and acting more and more like a 2024 presidential hopeful. While it’s a long way until the next presidential election, right now Trump is the Republican with the best odds according to Sports Betting Dime. After Trump, it’s Ron DeSantis, Nikki Haley, and Mike Pence. 

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