Episode Transcript
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Speaker 1 (00:00):
This debate over the what essentially your doze cuts going
on in Washington, DC right now, made it through the Senate,
sent to the House, and everybody's arguing. Ryan Schmells from
Fox News standing by on the Legacy Retirement Group dot
com phone lines and Ryan, what's the update.
Speaker 2 (00:14):
Hey, good morning. Well, the Senate was able to pass
this late last night fifty one to forty eight. I
believe it was the final total, so it now heads
back to the House. There were some changes in here
at the center. Package is slightly smaller than the one
the House first passed. You know, you had nine point
four billion dollars. It's now down to nine billion dollars
as they took out about four one hundred million in
(00:35):
funding that would have gone towards combating HIV and some
other diseases overseas. So that's we now have to see
if the House this is going to be good enough
for the House. You know, nine billion dollars is certainly
a start for how some of these conservatives want to
see spending cuts in the future. So I think the
big step was kind of taken out here, which is
(00:56):
get this through the Senate.
Speaker 1 (00:57):
As you're observing this, I mean, does it come down
to the one central issue of the NPR funding is
ed what it's all about.
Speaker 2 (01:05):
No, I would not say it's that there's some other
foreign aid funding here. You know, obviously the public broadcasting
go angle did become a bigger issue because of the
storms that happened in Texas. You know, a lot of
people believe that public broadcasting is a huge tool for
helping people get alert and in some cases it's the
only way in which they can get information whenever there's
(01:26):
a major weather event like this. Now, I think the
big other thing here was that you know, this is
money that was appropriated by Congress, that it was an
agreement passed by Congress, And I think the thought is
that if you utilize this recisions process, you are going
back on that agreement. And so if there's going to
be a government funding package that's agreed to before the
(01:48):
end of September to avoid a shutdown, well Republicans can
just say, well, the Democrats negotiate something in there we
don't like, let's just use recisions to claw it back
because you can pass it with a simple majority. So
I think there are some Democrats who now are a
little concerned by this, and there's Republicans who are kind
of saying, well, this is going to make this government
funding battle that much more harder for us.
Speaker 1 (02:08):
I'm very glad to hear your answer, because, you know,
in an attempt to simplify things for the silly minded
among us, that is the pre eminent point that the
coverage has given us. Oh, it's MPR funding. I'm so
glad to hear you expound on it and say it so.
Speaker 2 (02:22):
Much more than that. Well, yeah, it's the public broadcasting
aspect of this is only about like a billion dollars.
Most of it is foreign eight Yeah, like eight billion
of it's foreign eight related. So yes, the public broadcasting
aspect is not the biggest part. It just became a
bigger talking point and a bigger point of contention. And
I think the Republicans who are voting no or on
the verge of voting no, that was probably the big
(02:43):
one for them, was the public broadcasting aspect.
Speaker 1 (02:46):
Timeline wise, do we think this wraps up by the
end of the week or will those take a little long?
Speaker 2 (02:51):
Well, there's a deadline for Friday, so legally they have
to get this done either today or tomorrow. On the
House side, so now it's no longer a job.
Speaker 1 (03:02):
Now, I forget about that that Friday deadline I heard
about that early. What does that mean then? Does it
just officially die or does it officially happen without their action?
Speaker 2 (03:13):
Well, so, so legally, this is something that has to
be requested by the White House. A recisions package is
then can be voted on by the House and the
Senate and it has to it only needs fifty votes
in the Senate to pass. But they are given a
deadline whenever this is this is proposed legally, so the
minute's delivered to both the House and the Senate, they
(03:34):
have to act on it very quickly and right now,
you know, based off of when this was delivered to Congress,
they have until Friday to get this done. So illegally,
there's a deadline that gets put on here and they're
kind of up against that clock now