1 00:00:02,080 --> 00:00:06,360 Speaker 1: Live from our nation's capital. This is Bloomberg sound On. 2 00:00:07,400 --> 00:00:09,960 Speaker 1: No president should be able to sustain boots on the 3 00:00:10,000 --> 00:00:14,000 Speaker 1: ground without congressional approval and without a clear explanation of 4 00:00:14,040 --> 00:00:16,479 Speaker 1: what the mission is and what the endgame is. This 5 00:00:16,640 --> 00:00:20,280 Speaker 1: isn't really about pisonomic policy. This is about the coronavirus. 6 00:00:20,280 --> 00:00:25,360 Speaker 1: Floomberg sound On, Politics, policy and perspective from DC's top name. 7 00:00:25,840 --> 00:00:28,880 Speaker 1: We must use every school possible to defeat US assault 8 00:00:28,960 --> 00:00:32,000 Speaker 1: on women's reproductive rights. This is a steady growth that 9 00:00:32,040 --> 00:00:33,839 Speaker 1: we're seeing here in our economy, you know, over the 10 00:00:33,880 --> 00:00:38,519 Speaker 1: last three months. Bloomberg Sound On with Joe Matthew on 11 00:00:38,720 --> 00:00:43,479 Speaker 1: Bloomberg Radio. So we have a deal on the debt ceiling. 12 00:00:43,720 --> 00:00:46,040 Speaker 1: No votes to make it official, not yet, but the 13 00:00:46,080 --> 00:00:48,040 Speaker 1: markets are going with it, and while so are we. 14 00:00:48,479 --> 00:00:52,640 Speaker 1: Senator Chuck Schumer accepts the offer from Senator Mitch McConnell 15 00:00:52,680 --> 00:00:54,760 Speaker 1: that we talked about this time yesterday to raise the 16 00:00:54,800 --> 00:00:57,600 Speaker 1: debt ceiling and pay the treasuries bills through the month 17 00:00:57,720 --> 00:01:00,520 Speaker 1: of November, and we will have the l is ahead 18 00:01:00,520 --> 00:01:03,280 Speaker 1: from Capitol Hill. Talk about the way forward with Congressman 19 00:01:03,320 --> 00:01:07,679 Speaker 1: Shaun Caston, Democrat from Illinois. As President Biden separately visits 20 00:01:07,720 --> 00:01:12,119 Speaker 1: his districts. Caston's district today to talk about COVID vaccine mandates. 21 00:01:12,120 --> 00:01:16,400 Speaker 1: Our panel today Bloomberg Politics contributor and Republican strategist Rick Davis, 22 00:01:16,800 --> 00:01:21,520 Speaker 1: and Democratic strategists Kristen Han, communications director at Rock Solutions. 23 00:01:21,560 --> 00:01:24,560 Speaker 1: Later we'll turn to the governor's race in Virginia, microcosm 24 00:01:24,640 --> 00:01:28,640 Speaker 1: of American politics, where the Democrat is now distancing himself 25 00:01:28,640 --> 00:01:32,000 Speaker 1: from President Biden in a purple state, as we come 26 00:01:32,000 --> 00:01:34,440 Speaker 1: to you alive from Washington, where we do expect some votes, 27 00:01:34,480 --> 00:01:38,880 Speaker 1: at least procedural ones later on this evening, to get 28 00:01:38,880 --> 00:01:41,520 Speaker 1: the ball rolling, or should I say, kick the can 29 00:01:41,600 --> 00:01:45,120 Speaker 1: on the debt ceiling, as Senate leaders again, Chuck Schumer 30 00:01:45,160 --> 00:01:47,440 Speaker 1: and Mitch McConnell announced an agreement to lift the ceiling 31 00:01:47,840 --> 00:01:51,320 Speaker 1: by four hundred eighty billion dollars according to Bloomberg News, 32 00:01:51,320 --> 00:01:53,360 Speaker 1: that would allow the Treasury to pay its bills through 33 00:01:53,400 --> 00:01:58,720 Speaker 1: December three, the same day government funding runs out. The 34 00:01:58,800 --> 00:02:02,160 Speaker 1: definition you might say, of kicking the camp. I have 35 00:02:02,320 --> 00:02:05,880 Speaker 1: some good news. We've reached an agreement on an extension 36 00:02:06,080 --> 00:02:10,079 Speaker 1: of the debt ceiling through early September, and it's our 37 00:02:10,120 --> 00:02:14,520 Speaker 1: hope that we can get this done today early. What 38 00:02:14,560 --> 00:02:18,560 Speaker 1: did I say, Oh Jesus, September is passed already. Let 39 00:02:18,560 --> 00:02:21,240 Speaker 1: me revise my statement. I kick the can down the 40 00:02:21,320 --> 00:02:25,600 Speaker 1: road a couple of more weeks. Why it can create 41 00:02:25,639 --> 00:02:38,079 Speaker 1: an additional layer of uncertainty. Uh, we have reached agreement 42 00:02:38,280 --> 00:02:41,000 Speaker 1: on a and we have reached agreement to extend the 43 00:02:41,040 --> 00:02:46,400 Speaker 1: debt ceiling through early December, and it's our hope that 44 00:02:46,480 --> 00:02:48,680 Speaker 1: we can get this done as soon as today. I 45 00:02:48,760 --> 00:02:52,920 Speaker 1: yield the floor. The pathway our Democratic colleagues have accepted 46 00:02:53,120 --> 00:02:57,440 Speaker 1: will spare the American people any near term crisis. We 47 00:02:59,639 --> 00:03:01,800 Speaker 1: don't need to kick the can. We don't need to 48 00:03:01,840 --> 00:03:05,640 Speaker 1: go through a cumbersome process. Speaker and the Democratic Leader 49 00:03:05,680 --> 00:03:13,359 Speaker 1: had three month notice to do their jobs. For two 50 00:03:13,360 --> 00:03:20,079 Speaker 1: and a half month, Democratic Leader did nothing and then 51 00:03:20,120 --> 00:03:25,799 Speaker 1: complained that they were actually short. On tom he's brought 52 00:03:25,880 --> 00:03:31,959 Speaker 1: us perhaps two months to work on the bipartisan infrastructure 53 00:03:31,960 --> 00:03:34,880 Speaker 1: bill and the reconciliation bill. We don't need to kick 54 00:03:34,920 --> 00:03:37,400 Speaker 1: the can. I think he finally realized the gravity of 55 00:03:37,400 --> 00:03:41,760 Speaker 1: the strategy, and so we kicked the can with the 56 00:03:41,840 --> 00:03:45,600 Speaker 1: Panel on the Factest Hour in Politics, Welcome to Sound 57 00:03:45,640 --> 00:03:49,640 Speaker 1: on the Thursday edition Welcome to Little Friday. Let's assemble 58 00:03:49,680 --> 00:03:53,200 Speaker 1: the panel with Bloomberg Politics contributor, Republican strategist Rick Davis, 59 00:03:53,240 --> 00:03:56,920 Speaker 1: and Democratic strategist Kristen haunt Is with his communications director 60 00:03:56,960 --> 00:04:00,640 Speaker 1: at Rock Solutions, former calms director for the Blue Dog Coalition. 61 00:04:01,040 --> 00:04:02,960 Speaker 1: Welcome to both of you. Glad you're here for the 62 00:04:03,000 --> 00:04:06,000 Speaker 1: hour ahead of our conversation with Congressman cast and Rick Davis. 63 00:04:06,000 --> 00:04:08,760 Speaker 1: I would love to hear from you at the top 64 00:04:08,840 --> 00:04:12,400 Speaker 1: here on this particular deal that we're told is going 65 00:04:12,440 --> 00:04:14,640 Speaker 1: to lead to legislation, is going to end up on 66 00:04:14,680 --> 00:04:18,640 Speaker 1: President Biden's desk. Did Mitch McConnell just make life easier 67 00:04:18,760 --> 00:04:24,240 Speaker 1: or more difficult for Democrats? Well, with everything with Mitch McConnell. Uh, 68 00:04:24,320 --> 00:04:25,960 Speaker 1: he's going to give a little, but he's gonna get 69 00:04:26,000 --> 00:04:29,600 Speaker 1: a lot. And what he's really probably vying for is 70 00:04:29,839 --> 00:04:32,080 Speaker 1: a real budget bill with a top line number that 71 00:04:32,120 --> 00:04:35,320 Speaker 1: he can sneak higher defense spending into. And so if 72 00:04:35,320 --> 00:04:38,000 Speaker 1: he has to give on something he was ultimately going 73 00:04:38,040 --> 00:04:40,520 Speaker 1: to get on anyway to get what he wants. I 74 00:04:40,560 --> 00:04:42,800 Speaker 1: think that's the magic of this deal. And so yeah, 75 00:04:43,200 --> 00:04:47,000 Speaker 1: everybody wins. The President's gonna get a higher Uh, deficit. 76 00:04:47,320 --> 00:04:51,120 Speaker 1: Uh figure for the balance of most of this year. 77 00:04:51,560 --> 00:04:53,880 Speaker 1: But at the end of the day, they are kicking 78 00:04:53,880 --> 00:04:57,160 Speaker 1: a can to December three, where government money will run 79 00:04:57,200 --> 00:04:59,200 Speaker 1: out and the depth ceiling will have to be put 80 00:04:59,240 --> 00:05:03,240 Speaker 1: together with another package. And uh, it's if we're going 81 00:05:03,320 --> 00:05:06,760 Speaker 1: to be right back playing that music probably in another 82 00:05:06,800 --> 00:05:10,080 Speaker 1: two months. I'll save that for the meantime. Kristen, what's 83 00:05:10,080 --> 00:05:12,800 Speaker 1: your view on this. Do you feel like Elizabeth Warren 84 00:05:12,839 --> 00:05:15,279 Speaker 1: when she says Mitch McConnell caved or do you feel 85 00:05:15,320 --> 00:05:20,000 Speaker 1: like Mitch McConnell just made life more difficult. I mean, 86 00:05:20,080 --> 00:05:23,080 Speaker 1: life is already difficult on Capitol Hill, so I don't 87 00:05:23,080 --> 00:05:27,719 Speaker 1: know how much more difficult. Yeah, I know, right, Um, 88 00:05:27,760 --> 00:05:32,440 Speaker 1: you know, I think that UM people are gonna, you know, 89 00:05:32,600 --> 00:05:35,880 Speaker 1: couch this decision, how they want to couch this decision. 90 00:05:36,040 --> 00:05:40,160 Speaker 1: I do agree that UM leader McConnell doesn't you know, 91 00:05:40,720 --> 00:05:43,760 Speaker 1: make decisions UM that don't lead to him getting something. 92 00:05:43,880 --> 00:05:47,520 Speaker 1: But it was clear that the Democrats you know, who 93 00:05:47,520 --> 00:05:50,880 Speaker 1: controlled both the House and Senate, needed more time amongst 94 00:05:50,880 --> 00:05:53,719 Speaker 1: themselves to figure out, um, you know, the by person 95 00:05:53,800 --> 00:05:58,480 Speaker 1: infrastructurability reconciliation package, and that playing politics with the debt 96 00:05:58,560 --> 00:06:02,360 Speaker 1: limit is something that I'm fortunately happens, but it's very irresponsible. 97 00:06:02,560 --> 00:06:06,839 Speaker 1: Um and ultimately, Mitch McConnell, um, you know, was was 98 00:06:06,880 --> 00:06:08,640 Speaker 1: going to have to if you want to call it cave. 99 00:06:08,760 --> 00:06:10,160 Speaker 1: But at the end of the day, we have to 100 00:06:10,200 --> 00:06:12,560 Speaker 1: raise the debt ceiling. It's not easy, people pay politics 101 00:06:12,600 --> 00:06:13,719 Speaker 1: with it, but we have to do it at the 102 00:06:13,760 --> 00:06:15,480 Speaker 1: end of the day. So let's look at the calendar 103 00:06:15,520 --> 00:06:18,560 Speaker 1: together here, Rick, we've already talked about December three, that's 104 00:06:18,600 --> 00:06:23,000 Speaker 1: when debt ceiling is hit again government funding runs out. 105 00:06:23,000 --> 00:06:25,520 Speaker 1: But if we back up a little bit, Nancy Pelosi, 106 00:06:25,600 --> 00:06:28,159 Speaker 1: the Speaker of the House, wanted to have infrastructure and 107 00:06:28,160 --> 00:06:30,599 Speaker 1: reconciliation when then things didn't work out lastly, we wanted 108 00:06:30,640 --> 00:06:31,840 Speaker 1: to have it done by the end of the month, 109 00:06:31,880 --> 00:06:34,680 Speaker 1: by Halloween, which we already got a kick out of 110 00:06:34,720 --> 00:06:36,920 Speaker 1: on the air, to that that particular day that she's chosen. 111 00:06:36,960 --> 00:06:39,640 Speaker 1: But if everything goes as planned, and I guess I 112 00:06:39,680 --> 00:06:42,320 Speaker 1: sound ridiculous by setting up a question like that, but 113 00:06:42,360 --> 00:06:44,440 Speaker 1: if they actually got it done by the end of October, 114 00:06:44,640 --> 00:06:47,599 Speaker 1: would they then have time to manage this? As Senator 115 00:06:47,640 --> 00:06:51,920 Speaker 1: McConnell says, before the December third, deadline. Yeah. I mean 116 00:06:51,960 --> 00:06:54,240 Speaker 1: the reality is now that they know that they've got 117 00:06:54,279 --> 00:06:56,880 Speaker 1: this coming uh, and they know what the Republicans aren't 118 00:06:56,880 --> 00:06:59,239 Speaker 1: going to do, right. I mean, up until this point 119 00:06:59,279 --> 00:07:02,320 Speaker 1: in time, I think there was a misconception on the 120 00:07:02,360 --> 00:07:05,159 Speaker 1: part of Democratic leadership that somehow they were gonna wedge 121 00:07:05,160 --> 00:07:08,720 Speaker 1: Mitch McConnell into a deal uh to pass a full 122 00:07:08,760 --> 00:07:14,320 Speaker 1: blown um uh set aside of the debt ceiling and 123 00:07:14,360 --> 00:07:16,680 Speaker 1: so so at least I think it's clear now what 124 00:07:16,800 --> 00:07:18,800 Speaker 1: needs to be done, and as Mitch McConnell said today, 125 00:07:18,840 --> 00:07:21,840 Speaker 1: plenty of time to get this figured out between now 126 00:07:21,840 --> 00:07:24,000 Speaker 1: and then. Uh. And they have a lot of options. 127 00:07:24,000 --> 00:07:26,600 Speaker 1: I mean, the Senate parliamentary and said okay to use 128 00:07:26,640 --> 00:07:31,120 Speaker 1: reconciliation on the debt increase. UH. They've got a lot 129 00:07:31,160 --> 00:07:33,240 Speaker 1: of options on how to fund the government. And they 130 00:07:33,240 --> 00:07:36,000 Speaker 1: can roll all that into a big spending bill and 131 00:07:36,040 --> 00:07:39,000 Speaker 1: package it together, you know, and have an omnibus. UH. 132 00:07:39,040 --> 00:07:42,440 Speaker 1: That is likely to be part of the conversation. And 133 00:07:42,520 --> 00:07:44,960 Speaker 1: so in a month we could be talking about a 134 00:07:45,000 --> 00:07:48,240 Speaker 1: minibus in addition to the BIFF and in addition to 135 00:07:48,280 --> 00:07:51,600 Speaker 1: the BBB. What do you think of that? Christen? Do 136 00:07:51,680 --> 00:07:54,000 Speaker 1: you just kill two birds with one stone, get it 137 00:07:54,000 --> 00:07:57,080 Speaker 1: all done with reconciliation, have the government funded, have the 138 00:07:57,080 --> 00:07:59,040 Speaker 1: debt ceiling taken care of, so you can pay attention 139 00:07:59,040 --> 00:08:02,000 Speaker 1: to the Biden agenda. Yeah, I know, you know, my 140 00:08:02,040 --> 00:08:04,040 Speaker 1: friends are working the whole are already canceling their their 141 00:08:04,080 --> 00:08:06,320 Speaker 1: Thanksgiving in Christmas plans. So I don't know, you know, 142 00:08:06,360 --> 00:08:08,240 Speaker 1: how quickly this will all get done, But I yeah, 143 00:08:08,280 --> 00:08:11,200 Speaker 1: I think that there will be some package. Um, you 144 00:08:11,240 --> 00:08:13,240 Speaker 1: know that kind of incorporates a lot of these things. 145 00:08:13,280 --> 00:08:16,640 Speaker 1: I will say that, you know from where we and 146 00:08:16,680 --> 00:08:19,200 Speaker 1: might I say we the Democrats were at least in 147 00:08:19,200 --> 00:08:23,560 Speaker 1: the House, Um we're two weeks ago, where light years 148 00:08:23,600 --> 00:08:26,440 Speaker 1: away from that? Now in a if you want to 149 00:08:26,440 --> 00:08:29,840 Speaker 1: call it a positive direction, people are talking you know, 150 00:08:30,040 --> 00:08:33,600 Speaker 1: the caucus, even you know, the moderates, more moderate members 151 00:08:33,600 --> 00:08:37,200 Speaker 1: are talking to the progressive members. Um, the progressives you 152 00:08:37,240 --> 00:08:40,320 Speaker 1: know are talking more. If you see them on television 153 00:08:40,360 --> 00:08:42,400 Speaker 1: and the radio on your show, was talking more about 154 00:08:42,400 --> 00:08:45,240 Speaker 1: the substance rather than sticking to this three point by 155 00:08:45,320 --> 00:08:47,920 Speaker 1: trillion number which was never going to happen. Um, they 156 00:08:47,920 --> 00:08:51,000 Speaker 1: were going to be a lot of conversations, um, you 157 00:08:51,000 --> 00:08:53,599 Speaker 1: know over the next um several months. But yeah, I 158 00:08:53,600 --> 00:08:56,880 Speaker 1: think that that's that's likely. You know, the trajectory. A 159 00:08:56,920 --> 00:08:59,600 Speaker 1: lot has been made about the price tag here, or 160 00:08:59,640 --> 00:09:02,240 Speaker 1: the fact that Democrats would have to put their finger 161 00:09:02,360 --> 00:09:05,240 Speaker 1: on a number if it was not a suspension of 162 00:09:05,240 --> 00:09:06,960 Speaker 1: the debt ceiling but actually raising it. And as I 163 00:09:07,000 --> 00:09:09,920 Speaker 1: read on the terminal that number is four eight billion dollars. 164 00:09:10,320 --> 00:09:12,920 Speaker 1: Will that actually be used against Democrats here? Rick or 165 00:09:13,000 --> 00:09:16,640 Speaker 1: a year down the road. Nobody remembers this conversation anyway. Yeah, 166 00:09:16,679 --> 00:09:18,720 Speaker 1: I mean it'll be in an ad you can. You 167 00:09:18,760 --> 00:09:23,160 Speaker 1: can rest assured that will happen. But Uh, there's so 168 00:09:23,200 --> 00:09:27,600 Speaker 1: many other big numbers in with trillions not billions, uh, 169 00:09:27,720 --> 00:09:33,079 Speaker 1: that are gonna be discussed tax increases, spending that I 170 00:09:33,480 --> 00:09:36,400 Speaker 1: doubt if that's going to make a big splash, But 171 00:09:36,480 --> 00:09:38,720 Speaker 1: it's all part of the arsenal, right. Each district is 172 00:09:38,720 --> 00:09:42,520 Speaker 1: going to have different pressures on it. Uh, And so sure, um, 173 00:09:43,040 --> 00:09:47,040 Speaker 1: I my own view, having looked at using that increases 174 00:09:47,080 --> 00:09:51,240 Speaker 1: in the past. Uh, nobody likes the government spending more 175 00:09:51,240 --> 00:09:54,440 Speaker 1: money than it has, so it's it can be broached 176 00:09:54,480 --> 00:09:57,680 Speaker 1: in a politically salient way. But there's so much on 177 00:09:57,720 --> 00:10:00,079 Speaker 1: the plate right now that I would be surprised that 178 00:10:00,120 --> 00:10:02,360 Speaker 1: plays an important role in the mid terms. We're kicking 179 00:10:02,360 --> 00:10:04,600 Speaker 1: off with the panel today Bloomberg Sound On with Rick 180 00:10:04,679 --> 00:10:08,160 Speaker 1: Davis and Kristin Han. I'm Joe Matthew in Washington, and well, 181 00:10:08,200 --> 00:10:10,280 Speaker 1: we may as well add another something to the plate here. 182 00:10:10,280 --> 00:10:13,640 Speaker 1: You're constructing buildings for some of America's biggest companies, but 183 00:10:13,720 --> 00:10:16,679 Speaker 1: you're also doing something bigger than that. You're helping us 184 00:10:16,720 --> 00:10:21,280 Speaker 1: beat back COVID COVID nineteen. President Biden leaves the Beltway 185 00:10:21,360 --> 00:10:25,120 Speaker 1: today to make the case for vaccine mandates. He held 186 00:10:25,120 --> 00:10:28,040 Speaker 1: an event a short time ago in the western suburbs 187 00:10:28,080 --> 00:10:32,080 Speaker 1: of Chicago to highlight and applaud companies that were making 188 00:10:32,080 --> 00:10:34,400 Speaker 1: good on his executive order those with a hundred employees 189 00:10:34,440 --> 00:10:38,199 Speaker 1: are more actually requiring vaccinations or a weekly test, and 190 00:10:38,360 --> 00:10:41,440 Speaker 1: even singled out United Airlines, which of course made a 191 00:10:41,440 --> 00:10:44,920 Speaker 1: pretty big splash with its vaccine mandate announcement, the first 192 00:10:44,960 --> 00:10:48,520 Speaker 1: carrier to do so a couple of weeks ago. Kristen, 193 00:10:48,600 --> 00:10:51,400 Speaker 1: this is just another plate that's spinning in the air 194 00:10:51,440 --> 00:10:53,520 Speaker 1: here for President Biden. It's one that he looked like 195 00:10:53,600 --> 00:10:56,240 Speaker 1: he was winning on. Is he behind the ball at 196 00:10:56,240 --> 00:11:02,760 Speaker 1: this point? I think it's you know, unsportly with vaccines. UM. 197 00:11:02,800 --> 00:11:05,520 Speaker 1: You know they have. It's been politicized in a way 198 00:11:05,520 --> 00:11:08,520 Speaker 1: that's really unfortunate across the country. I think, you know, 199 00:11:08,600 --> 00:11:11,959 Speaker 1: we go back to um, the different districts and how 200 00:11:12,000 --> 00:11:14,320 Speaker 1: this is going to you know, how this is going 201 00:11:14,360 --> 00:11:18,160 Speaker 1: to play UM. You know. I I personally think it 202 00:11:18,240 --> 00:11:21,520 Speaker 1: is a responsible thing for these companies to be doing. 203 00:11:21,720 --> 00:11:23,520 Speaker 1: I like knowing that when I go into my office 204 00:11:23,559 --> 00:11:27,080 Speaker 1: that my colleagues are vaccinated. UM. But you know, it's 205 00:11:27,120 --> 00:11:29,840 Speaker 1: really tough. I mean, the presidents using the bully pulpit 206 00:11:30,240 --> 00:11:33,080 Speaker 1: and trying to encourage people to get the vaccination that 207 00:11:33,120 --> 00:11:35,480 Speaker 1: we know is state UM. But it is an uphill 208 00:11:35,480 --> 00:11:37,160 Speaker 1: battle in a lot of in a lot of places 209 00:11:37,160 --> 00:11:41,360 Speaker 1: in this country. Unfortunately. Yeah, Rick United Airlines in the 210 00:11:41,640 --> 00:11:45,360 Speaker 1: CEO is there Scott Kirby today highlighted by President Biden, 211 00:11:45,400 --> 00:11:48,280 Speaker 1: had to fire I believe it was six hundred of 212 00:11:48,400 --> 00:11:52,880 Speaker 1: its employees. Granted it has tens of sixty employees, but 213 00:11:53,120 --> 00:11:57,560 Speaker 1: that's that's the side effect in many cases of these mandates. Absolutely, 214 00:11:57,600 --> 00:11:59,240 Speaker 1: when you have a mandate, it means you don't come 215 00:11:59,240 --> 00:12:01,280 Speaker 1: to work unless you've got a vaccine. And if you're 216 00:12:01,280 --> 00:12:03,800 Speaker 1: not gonna get vaccinated, you lose your job, and so 217 00:12:04,640 --> 00:12:07,600 Speaker 1: it's a tough cell sometimes, but in this case to 218 00:12:07,640 --> 00:12:10,840 Speaker 1: get the country in the right foot, it's probably necessary. 219 00:12:11,280 --> 00:12:15,079 Speaker 1: You're listening to Bloomberg. You sound on with Joe Matthew 220 00:12:15,440 --> 00:12:20,679 Speaker 1: on Bloomberg Radio. We've got a breaker, Han the Bloomberg. 221 00:12:21,000 --> 00:12:23,280 Speaker 1: As the White House makes it official, maybe what you 222 00:12:23,320 --> 00:12:26,880 Speaker 1: thought you already knew from the Deputy Press Secretary Karine 223 00:12:26,960 --> 00:12:30,360 Speaker 1: Jean Pierre. The president quote the President looks forward to 224 00:12:30,480 --> 00:12:34,120 Speaker 1: signing legislation to raise the debt limit when it is 225 00:12:34,200 --> 00:12:38,160 Speaker 1: passed by Congress. Just have to get it to his desk. 226 00:12:39,160 --> 00:12:42,560 Speaker 1: Is where we are at the moment. And as I 227 00:12:42,600 --> 00:12:45,720 Speaker 1: read also on the Bloomberg the headline, Biden leans in 228 00:12:45,800 --> 00:12:50,520 Speaker 1: harder on shots in his vaccine or testing mandate. Indeed, 229 00:12:50,559 --> 00:12:54,480 Speaker 1: left Washington again today saw the helicopter lift off the 230 00:12:54,520 --> 00:12:58,880 Speaker 1: South Lawn Marine One on its way to Air Force one, 231 00:12:58,880 --> 00:13:02,400 Speaker 1: which carried him to Chicago, where he spent some time 232 00:13:02,440 --> 00:13:06,000 Speaker 1: in the suburb's west of the city to make the point, 233 00:13:06,160 --> 00:13:10,080 Speaker 1: make the case for not only public but also private 234 00:13:10,559 --> 00:13:16,120 Speaker 1: mandates and requirements for COVID vaccines. So today I'm calling 235 00:13:16,160 --> 00:13:21,559 Speaker 1: them more employers to act my messages, require your employees 236 00:13:21,559 --> 00:13:25,720 Speaker 1: and get vaccinator vaccinations were going to beat this pandemic finement. 237 00:13:26,200 --> 00:13:29,760 Speaker 1: Without them, we face endless months of chaos and our hospitals, 238 00:13:30,320 --> 00:13:34,000 Speaker 1: damage to our economy, and anxiety in our schools and 239 00:13:34,200 --> 00:13:39,840 Speaker 1: empty restaurants and much less commerce. With the President today, 240 00:13:39,880 --> 00:13:43,200 Speaker 1: Congressman Shawn Caston, well, that was his district at least 241 00:13:43,200 --> 00:13:45,440 Speaker 1: one of them where the President was traveling today. Democrat 242 00:13:45,800 --> 00:13:47,960 Speaker 1: from Illinois and Congressman, it's great to have you back 243 00:13:48,080 --> 00:13:51,480 Speaker 1: on Bloomberg Radio. Congratulations on the big event today. I 244 00:13:51,520 --> 00:13:54,800 Speaker 1: wonder how many companies in the Chicago area are actually 245 00:13:55,480 --> 00:13:59,600 Speaker 1: making good on this requirement to either get a vaccine 246 00:13:59,679 --> 00:14:03,559 Speaker 1: or be tested weekly. A couple of them were highlighted day, 247 00:14:03,679 --> 00:14:07,600 Speaker 1: United Airlines and the construction firm that the President spoke 248 00:14:07,640 --> 00:14:09,719 Speaker 1: to later on. That's a company with more than two 249 00:14:09,760 --> 00:14:12,760 Speaker 1: thousand workers. Is this taking hold in the Chicago area? 250 00:14:14,360 --> 00:14:16,559 Speaker 1: You know, I should I We've seen the numbers, right, 251 00:14:16,559 --> 00:14:19,320 Speaker 1: what do We've seen something like thirty million new vaccines 252 00:14:19,360 --> 00:14:21,920 Speaker 1: just in the last in the last few weeks. Since then, 253 00:14:21,960 --> 00:14:23,400 Speaker 1: they have come through. And a part of that's from 254 00:14:23,440 --> 00:14:25,280 Speaker 1: federal leadership, and a part of that from leadership of 255 00:14:25,680 --> 00:14:28,400 Speaker 1: you know companies like United UM that have have done 256 00:14:28,400 --> 00:14:30,560 Speaker 1: the right thing I spent I spent twenty years as 257 00:14:30,560 --> 00:14:35,120 Speaker 1: a CEO, and I cannot imagine a scenario where you 258 00:14:35,160 --> 00:14:38,360 Speaker 1: are sitting there, you know, with the responsibility over people's lives, 259 00:14:38,400 --> 00:14:40,520 Speaker 1: saying I have the ability to make sure that my 260 00:14:40,600 --> 00:14:45,280 Speaker 1: employees live, and thinking that's a hard decision, right, UM. 261 00:14:45,520 --> 00:14:47,800 Speaker 1: And so we're seeing companies do it. And I think 262 00:14:47,840 --> 00:14:51,480 Speaker 1: what's what's been really positive about the United News. Number one, 263 00:14:51,480 --> 00:14:53,920 Speaker 1: they didn't move by many employees, but number two, a 264 00:14:53,960 --> 00:14:55,640 Speaker 1: lot of people are now saying, boy, I'd like to 265 00:14:55,640 --> 00:14:57,480 Speaker 1: work for United because that seems like the place I 266 00:14:57,480 --> 00:15:00,600 Speaker 1: can go to work and and not get sick. So 267 00:15:00,640 --> 00:15:02,320 Speaker 1: I think we're going to see a lot following from this. 268 00:15:02,400 --> 00:15:05,680 Speaker 1: And I'm delighted to have the have have the current 269 00:15:05,720 --> 00:15:08,000 Speaker 1: occupant of the White House using their Bulley pulpits for 270 00:15:08,160 --> 00:15:10,440 Speaker 1: good and for supporting science and for making sure that 271 00:15:10,480 --> 00:15:13,440 Speaker 1: people don't die. It's a low bar, but it's welcome 272 00:15:13,480 --> 00:15:17,120 Speaker 1: to have. He called out the CEO of United Airlines, 273 00:15:17,200 --> 00:15:20,720 Speaker 1: Scott Kirby, who got a lot of press by implementing 274 00:15:20,760 --> 00:15:25,080 Speaker 1: the first mandate or requirement in the airline business as 275 00:15:25,120 --> 00:15:28,000 Speaker 1: a major carrier, certainly, And I know there are over 276 00:15:28,080 --> 00:15:31,880 Speaker 1: sixty employees at United, but about six hundred had to 277 00:15:31,880 --> 00:15:34,040 Speaker 1: be fired or were set to be fired at least 278 00:15:34,200 --> 00:15:36,120 Speaker 1: for not taking part in the program. Do you see 279 00:15:36,160 --> 00:15:39,000 Speaker 1: that as just the sort of collateral damage that comes 280 00:15:39,040 --> 00:15:41,440 Speaker 1: with this or something that needs to be managed better. 281 00:15:44,040 --> 00:15:46,520 Speaker 1: You know, nobody is going to be happy all the time. 282 00:15:47,000 --> 00:15:49,120 Speaker 1: It's the right thing to do. It's a tiny percent 283 00:15:49,160 --> 00:15:51,960 Speaker 1: of their workforce. And you know, i'd reiterate what I 284 00:15:51,960 --> 00:15:56,800 Speaker 1: said before being a lot of because other airline employees 285 00:15:56,800 --> 00:15:58,800 Speaker 1: are now saying, I've got the choice to come to 286 00:15:58,840 --> 00:16:01,280 Speaker 1: work and sit on an air plane in a congested area, 287 00:16:01,680 --> 00:16:04,280 Speaker 1: and I can work for a company that's making me safe, 288 00:16:04,320 --> 00:16:06,600 Speaker 1: or I can work for someone that isn't. So they 289 00:16:06,680 --> 00:16:09,200 Speaker 1: got more. They got plenty of people who would like 290 00:16:09,240 --> 00:16:11,080 Speaker 1: to fill the seats of those six people who decided 291 00:16:11,120 --> 00:16:13,640 Speaker 1: to live. I guess that's what counts here. Um. I 292 00:16:13,680 --> 00:16:18,160 Speaker 1: realized that as I look on the Harvard COVID tracker, 293 00:16:18,800 --> 00:16:21,720 Speaker 1: about eight four thousand confirmed cases a little more than 294 00:16:21,760 --> 00:16:25,119 Speaker 1: that in your district, that the sixth district of Illinois. Congressmen, 295 00:16:26,160 --> 00:16:28,480 Speaker 1: what's the trajectory that you're seeing. Do you think that 296 00:16:28,520 --> 00:16:31,480 Speaker 1: we have peaks here with the delta variant, and and 297 00:16:31,520 --> 00:16:35,280 Speaker 1: are you seeing that impact of more vaccines bring the 298 00:16:35,760 --> 00:16:39,880 Speaker 1: new case load lower? Well, we've we've seen, you know, 299 00:16:39,920 --> 00:16:41,680 Speaker 1: if you're looking at that Harvard track or we are 300 00:16:41,720 --> 00:16:46,080 Speaker 1: the most vaccinated congressional district in Illinois, UM, which is great. 301 00:16:46,400 --> 00:16:49,440 Speaker 1: We've been watching the same delta sort of the peculiar 302 00:16:49,480 --> 00:16:52,200 Speaker 1: than aamics of delta that everybody has been watching. That 303 00:16:52,280 --> 00:16:54,520 Speaker 1: there's this weird thing with COVID that it seems to 304 00:16:55,120 --> 00:16:57,640 Speaker 1: every wave seems to go up and sort of pressed 305 00:16:57,680 --> 00:17:00,680 Speaker 1: and come back down after two months. This is no 306 00:17:00,760 --> 00:17:02,800 Speaker 1: time to let up, even though we're seeing that crest 307 00:17:02,880 --> 00:17:06,280 Speaker 1: come down, because we're still seeing in downstate Illinois where frankly, 308 00:17:07,359 --> 00:17:10,280 Speaker 1: you know, some of the voices opposing science have been 309 00:17:10,280 --> 00:17:13,000 Speaker 1: a little bit too loud, but we've we've still seen 310 00:17:13,000 --> 00:17:15,520 Speaker 1: in downstate Illinois a lot of hospital of the crowding 311 00:17:15,520 --> 00:17:18,239 Speaker 1: that we don't have up where we are. So we've 312 00:17:18,240 --> 00:17:20,680 Speaker 1: got to get that under control. But let's also remember 313 00:17:20,680 --> 00:17:24,680 Speaker 1: that the delta variants, you know, evolved in a population 314 00:17:24,760 --> 00:17:28,439 Speaker 1: that was unvaccinated, and and so we have this variant 315 00:17:28,440 --> 00:17:31,280 Speaker 1: that's much more contagious seems to affect kids much more readily, 316 00:17:31,840 --> 00:17:34,400 Speaker 1: and we're now fighting back that variants and for us 317 00:17:34,400 --> 00:17:37,440 Speaker 1: to make sure that this is actually the down end 318 00:17:37,480 --> 00:17:40,840 Speaker 1: of COVID and not just another cycle. We've got to 319 00:17:40,880 --> 00:17:43,440 Speaker 1: make sure that that's sort of those those that sort 320 00:17:43,440 --> 00:17:46,240 Speaker 1: of calcitrant population that we've not been able to reach 321 00:17:46,400 --> 00:17:49,680 Speaker 1: or has been somewhat resistant, gets vaccinated now, because that's 322 00:17:49,720 --> 00:17:52,040 Speaker 1: how we put the virus behind us and get back 323 00:17:52,080 --> 00:17:54,080 Speaker 1: to the you know, the economy in the country that 324 00:17:54,160 --> 00:17:57,600 Speaker 1: we that we enjoyed, you know, little over almost two 325 00:17:57,680 --> 00:17:59,480 Speaker 1: years ago. Do you have a sense of how many 326 00:17:59,560 --> 00:18:02,040 Speaker 1: vaccine holdouts are in your district or is it impossible 327 00:18:02,080 --> 00:18:05,760 Speaker 1: to count them? Um? I think that's a hard that's 328 00:18:05,760 --> 00:18:09,879 Speaker 1: not something that's easy to sample. Worried about of the 329 00:18:09,960 --> 00:18:13,720 Speaker 1: total population vaccinated, it's obviously it's a much higher percent 330 00:18:13,800 --> 00:18:16,960 Speaker 1: of the eligible. So, you know, we saw a surge 331 00:18:17,000 --> 00:18:20,520 Speaker 1: and increased uptake once the emergency Youth authorization was lifted, 332 00:18:20,920 --> 00:18:22,920 Speaker 1: as you'd expect, right because there were some people who 333 00:18:22,920 --> 00:18:24,679 Speaker 1: were holding out because they were just nervous about this 334 00:18:24,720 --> 00:18:27,680 Speaker 1: is the new vaccine, and that was very helpful. We're 335 00:18:27,720 --> 00:18:29,920 Speaker 1: seeing a second search right now as some of these 336 00:18:29,960 --> 00:18:33,800 Speaker 1: employerment dates go through, and I'm hopeful that we'll soon 337 00:18:33,840 --> 00:18:36,880 Speaker 1: see see a third search. You know, once we get 338 00:18:36,960 --> 00:18:40,280 Speaker 1: approval for younger kids to take the vaccine, we'll ask 339 00:18:40,280 --> 00:18:42,280 Speaker 1: you that Really the point where I ask you that 340 00:18:42,359 --> 00:18:46,720 Speaker 1: because some things, Sorry for interrupting that mandates risk further 341 00:18:46,800 --> 00:18:49,480 Speaker 1: alienating the holdouts. Congressman, is that a worry of yours? 342 00:18:49,560 --> 00:18:52,320 Speaker 1: Or is again that that's the price of doing business here? 343 00:18:53,440 --> 00:18:56,080 Speaker 1: You know, it's it's not remotely a wor worry of mine, 344 00:18:56,119 --> 00:19:01,840 Speaker 1: because I think sometimes we overthink, overthink politics. Our job 345 00:19:01,960 --> 00:19:04,560 Speaker 1: is to do the right thing, the right thing, that 346 00:19:04,600 --> 00:19:06,440 Speaker 1: the pair minimum right thing is to make sure that 347 00:19:06,520 --> 00:19:09,720 Speaker 1: people don't die right. And what we have seen time 348 00:19:09,720 --> 00:19:12,520 Speaker 1: and time again from the current administration and from the 349 00:19:12,560 --> 00:19:15,760 Speaker 1: president administration, and certainly in my own district, is that 350 00:19:15,840 --> 00:19:20,320 Speaker 1: when when people in positions of leadership and authority say 351 00:19:20,400 --> 00:19:22,440 Speaker 1: this is the right thing to do and we're going 352 00:19:22,520 --> 00:19:26,200 Speaker 1: to do it, public will moves right. And I think 353 00:19:26,200 --> 00:19:28,560 Speaker 1: we can, I think we can overthink what does the 354 00:19:28,600 --> 00:19:31,840 Speaker 1: polling say right now? And blue side of the fact 355 00:19:31,880 --> 00:19:34,440 Speaker 1: that you know, those those six centered employees are united lost, 356 00:19:34,760 --> 00:19:37,080 Speaker 1: that's a much smaller faction than the people who said 357 00:19:37,119 --> 00:19:39,800 Speaker 1: that they were going to resist mandates. And you know, 358 00:19:39,800 --> 00:19:42,240 Speaker 1: when I talked to Scott Kirby today, one of the 359 00:19:42,240 --> 00:19:45,879 Speaker 1: things he said was that a lot of the people 360 00:19:45,880 --> 00:19:49,240 Speaker 1: who were resistance taking the vaccine once the vaccine was pendated, 361 00:19:49,760 --> 00:19:51,800 Speaker 1: came up and said, you know what, I was really 362 00:19:51,840 --> 00:19:54,480 Speaker 1: concerned because I've been down some dark rabbit holes on 363 00:19:54,520 --> 00:19:55,800 Speaker 1: the internet that said that I was going to have 364 00:19:55,800 --> 00:19:57,600 Speaker 1: all these side effects, and it turns out I didn't. 365 00:19:57,880 --> 00:19:59,520 Speaker 1: So it turns out like I don't believe what you're 366 00:19:59,520 --> 00:20:01,239 Speaker 1: here on the interne at and and so now these 367 00:20:01,240 --> 00:20:03,239 Speaker 1: people are saying, you know, just thank you. This this 368 00:20:03,280 --> 00:20:06,120 Speaker 1: is him telling me, thank thank you for pushing us 369 00:20:06,119 --> 00:20:09,160 Speaker 1: to do the right thing because I was misimportant right 370 00:20:09,440 --> 00:20:12,119 Speaker 1: and as long as we do the right thing, we 371 00:20:12,160 --> 00:20:14,920 Speaker 1: don't have to second guess ourselves. Um So, no, I'm 372 00:20:14,960 --> 00:20:17,879 Speaker 1: not I'm not worried about the backlash because I'm I'm 373 00:20:18,080 --> 00:20:20,159 Speaker 1: quite confident that nobody wants to die at COVID. No 374 00:20:20,160 --> 00:20:21,639 Speaker 1: one wants to lose a love with to COVID, and 375 00:20:21,680 --> 00:20:23,280 Speaker 1: that's going to pull out a hun percent to zero 376 00:20:23,400 --> 00:20:26,600 Speaker 1: every time we're wined by Congressman Seawan Caston, Democrat from Illinois, 377 00:20:26,600 --> 00:20:28,760 Speaker 1: who was with President Biden today on his trip to 378 00:20:28,840 --> 00:20:33,240 Speaker 1: Chicago and throughout the western suburbs, throughout the congressman's district 379 00:20:33,280 --> 00:20:35,280 Speaker 1: where you was making the case for these mandates. I'd 380 00:20:35,320 --> 00:20:37,680 Speaker 1: like to ask you, Congressman, while you're with us, about 381 00:20:37,720 --> 00:20:39,800 Speaker 1: this agreement on the debt ceiling? Are you glad there's 382 00:20:39,800 --> 00:20:41,399 Speaker 1: an agreement? Is this the right thing to do? To 383 00:20:41,480 --> 00:20:46,119 Speaker 1: pass this now and and buy some time until December three? Um? 384 00:20:46,160 --> 00:20:49,399 Speaker 1: I am completely delighted to not be talking about this 385 00:20:49,480 --> 00:20:51,440 Speaker 1: for thirty days, and I can't believe we have to 386 00:20:51,440 --> 00:20:55,280 Speaker 1: talk about it thirty days from now. We all know 387 00:20:55,560 --> 00:20:57,320 Speaker 1: you guys, know you're you know you do. You speak 388 00:20:57,359 --> 00:21:00,080 Speaker 1: to a pretty educated audience. The dead ceiling is a 389 00:21:00,080 --> 00:21:05,280 Speaker 1: completely manufactured crisis. The fact that you know, we passed 390 00:21:05,280 --> 00:21:07,000 Speaker 1: what needed to be done in the House on a 391 00:21:07,119 --> 00:21:10,720 Speaker 1: straight party line vote, and that now we're sitting here saying, 392 00:21:10,720 --> 00:21:15,080 Speaker 1: do we think the Republicans can manufacture ten votes to 393 00:21:15,400 --> 00:21:18,800 Speaker 1: basically simply agree that the spending that they already voted on, 394 00:21:18,880 --> 00:21:22,000 Speaker 1: the tax structures they already voted on, create a residual 395 00:21:22,000 --> 00:21:25,880 Speaker 1: that has to be borrowed. Like this is not complicated stuff, right? UM? 396 00:21:25,920 --> 00:21:28,280 Speaker 1: I think the United States in Poland are the only 397 00:21:28,320 --> 00:21:31,879 Speaker 1: two countries where we give our legislature the choice about 398 00:21:31,920 --> 00:21:34,760 Speaker 1: whether or not to pay ore after we have incurred 399 00:21:34,800 --> 00:21:39,119 Speaker 1: those responsibilities. We should we should not. We should completely 400 00:21:39,119 --> 00:21:40,920 Speaker 1: take away the ability to vote them a dead sild. 401 00:21:40,960 --> 00:21:44,840 Speaker 1: It does nothing useful for physcical responsibility, but it becomes 402 00:21:44,840 --> 00:21:49,800 Speaker 1: a tool that's used for petty political purposes. And you know, so, yes, 403 00:21:50,160 --> 00:21:52,320 Speaker 1: it sounds like the Senators on a path to kick 404 00:21:52,359 --> 00:21:55,000 Speaker 1: the can down the road. For thirty days we were 405 00:21:55,040 --> 00:21:58,119 Speaker 1: just doing. Then here they have they have done that. 406 00:21:58,880 --> 00:22:01,080 Speaker 1: If they do that, which is and if they will 407 00:22:01,119 --> 00:22:03,679 Speaker 1: have done the absolute fair minimum to keep the world's 408 00:22:03,720 --> 00:22:07,400 Speaker 1: potential markets from completely collapsing, you'll forgive me if I'm 409 00:22:07,400 --> 00:22:09,680 Speaker 1: not tremendously praiseworthy of them during the bare minimum. But 410 00:22:09,720 --> 00:22:11,080 Speaker 1: let's get rid of the debt ceiling, which is the 411 00:22:11,119 --> 00:22:13,840 Speaker 1: right thing to do, the fact that we're having real crisis. 412 00:22:14,240 --> 00:22:16,720 Speaker 1: That's exactly what Jamie Diamond said in that White House 413 00:22:16,720 --> 00:22:18,960 Speaker 1: event yesterday. Just get rid of it, by god. So 414 00:22:19,000 --> 00:22:21,120 Speaker 1: we're not doing this every year or two. But does 415 00:22:21,160 --> 00:22:24,040 Speaker 1: that give room to the leadership, to Speaker Felosi to 416 00:22:24,040 --> 00:22:28,040 Speaker 1: actually get everything else done? Infrastructure and reconciliation in time 417 00:22:28,160 --> 00:22:30,840 Speaker 1: for for the well, I guess the end of this month, 418 00:22:30,920 --> 00:22:33,840 Speaker 1: never mind to deal with the debt ceiling. And I'm 419 00:22:33,840 --> 00:22:36,760 Speaker 1: wondering where you are with your top line. Is it 420 00:22:36,800 --> 00:22:42,000 Speaker 1: gonna be two trillion? Congressmen, um, Well, you know, with 421 00:22:42,040 --> 00:22:45,520 Speaker 1: respect of the debt ceiling, by taking manufacturing crisis at 422 00:22:45,520 --> 00:22:47,439 Speaker 1: where we can work on real crisis. COVID is a 423 00:22:47,480 --> 00:22:50,760 Speaker 1: real crisis, the climate crisis is a real crisis. We 424 00:22:50,840 --> 00:22:52,640 Speaker 1: have to work on those things. And there's a lot 425 00:22:52,640 --> 00:22:54,480 Speaker 1: of good policy work, and so yes, we free up 426 00:22:54,560 --> 00:22:59,200 Speaker 1: some you know, mental and you know, temporal resources to 427 00:22:59,240 --> 00:23:02,920 Speaker 1: focus on those. With respect to you know, what we're 428 00:23:02,920 --> 00:23:07,119 Speaker 1: negotiating right now, I would really stress everybody that the 429 00:23:07,240 --> 00:23:10,959 Speaker 1: size of this package is not the issue. The we're 430 00:23:10,960 --> 00:23:12,679 Speaker 1: gonna pay for it all We've you know, we've got 431 00:23:12,720 --> 00:23:14,439 Speaker 1: a package that compay things that The question is what 432 00:23:14,480 --> 00:23:17,159 Speaker 1: do we want. Do we want to acknowledge the climate 433 00:23:17,160 --> 00:23:19,280 Speaker 1: crisis and spend the money to fix it. Do we 434 00:23:19,320 --> 00:23:22,320 Speaker 1: want to acknowledge that cutting child poverty by almost fifty 435 00:23:22,840 --> 00:23:26,120 Speaker 1: in the last year is something worth continuing? We want 436 00:23:26,119 --> 00:23:29,359 Speaker 1: to acknowledge that that Medicare should have the right to 437 00:23:29,400 --> 00:23:32,440 Speaker 1: negotiate with pharmaceuticals the same way that Lucrosse Blue Shield does, 438 00:23:32,880 --> 00:23:35,399 Speaker 1: and the viata do we want to acknowledge that, like 439 00:23:35,480 --> 00:23:39,359 Speaker 1: giving people who depend on medicare um access to dental 440 00:23:39,440 --> 00:23:41,919 Speaker 1: care is a good thing. These are all the substantive 441 00:23:41,920 --> 00:23:43,919 Speaker 1: pieces that are in there. Giving people access to two 442 00:23:43,960 --> 00:23:46,560 Speaker 1: years of training college. No one really objects to those things, 443 00:23:46,560 --> 00:23:49,320 Speaker 1: but I'm aware of it in our caucus. And so 444 00:23:49,480 --> 00:23:53,439 Speaker 1: the conversation about the size of this bill is really 445 00:23:53,600 --> 00:23:56,320 Speaker 1: a core debate about how do you want to pay 446 00:23:56,359 --> 00:23:59,760 Speaker 1: for this? And people aren't saying that part out loud 447 00:24:00,040 --> 00:24:04,520 Speaker 1: because that's a harder political argument to make. But it's 448 00:24:04,520 --> 00:24:06,280 Speaker 1: gonna cost is zero. It's gonna cost us. You know, 449 00:24:06,280 --> 00:24:08,119 Speaker 1: we're gonna have a three and a half trillion of 450 00:24:08,160 --> 00:24:10,440 Speaker 1: total spending that three and fifty billion dollars a year 451 00:24:10,440 --> 00:24:13,040 Speaker 1: over ten years against the five trillion dollar budget in 452 00:24:13,040 --> 00:24:14,959 Speaker 1: a twenty trillion dollar economy. And oh, by the way, 453 00:24:14,960 --> 00:24:16,640 Speaker 1: it's all going to be paid for, so it's really zero. 454 00:24:17,320 --> 00:24:19,840 Speaker 1: The fiscal argument is under robust argument. The question is 455 00:24:19,880 --> 00:24:23,280 Speaker 1: what are we going to do? What do we prioritize, 456 00:24:23,600 --> 00:24:25,119 Speaker 1: and then how do we make sure that we're doing that? 457 00:24:25,119 --> 00:24:29,280 Speaker 1: In assistiate responsible way. And you know, as the President said, 458 00:24:29,280 --> 00:24:32,199 Speaker 1: I think of our caucus agrees on how to do that. 459 00:24:32,840 --> 00:24:34,480 Speaker 1: Majority has just been enough that we've got to get 460 00:24:34,480 --> 00:24:36,680 Speaker 1: the last four percent on board. Well, can you get 461 00:24:36,680 --> 00:24:38,240 Speaker 1: that four percent by the end of the month, like 462 00:24:38,320 --> 00:24:43,399 Speaker 1: Speaker hopes. Well, my my personal goal is that we 463 00:24:43,480 --> 00:24:45,760 Speaker 1: have to have it in place before before the COP 464 00:24:45,760 --> 00:24:48,720 Speaker 1: twenty six conference in Glasgow. When I was at COP. 465 00:24:48,800 --> 00:24:53,360 Speaker 1: When I was at COP, European parliamentarian pulled me aside. 466 00:24:53,400 --> 00:24:54,960 Speaker 1: This was in Madrid after the U s had pulled 467 00:24:54,960 --> 00:24:59,000 Speaker 1: out of Paris and said the bad things happened when 468 00:24:59,040 --> 00:25:01,800 Speaker 1: the United States done and lead, and we need your leadership. 469 00:25:02,720 --> 00:25:04,919 Speaker 1: That's October one, though, is what you're seeing right. The 470 00:25:04,920 --> 00:25:07,840 Speaker 1: COP is just as the Speaker wants, so you can 471 00:25:07,840 --> 00:25:10,040 Speaker 1: get it done by the end of this month. We 472 00:25:10,080 --> 00:25:12,159 Speaker 1: need to have those climate provisions in place so that 473 00:25:12,200 --> 00:25:14,280 Speaker 1: the rest of the world, who has become skeptical about 474 00:25:14,320 --> 00:25:18,000 Speaker 1: the United States capability to lead and look and say 475 00:25:17,359 --> 00:25:20,720 Speaker 1: I like your words, but even better, I like your feet. Yeah, 476 00:25:21,080 --> 00:25:22,720 Speaker 1: and we need to show by our feet before the 477 00:25:22,800 --> 00:25:24,399 Speaker 1: end of this month that we've taken meaningful action and 478 00:25:24,440 --> 00:25:26,240 Speaker 1: climate change. And that's in that built back better plan. 479 00:25:26,560 --> 00:25:29,199 Speaker 1: Congressman Shawn cast and Democrat from Illinois, many thanks for 480 00:25:29,200 --> 00:25:31,240 Speaker 1: hanging on the line a couple of extra minutes. As 481 00:25:31,280 --> 00:25:34,359 Speaker 1: we work our way through multiple we'll call them issues 482 00:25:34,400 --> 00:25:36,879 Speaker 1: today instead of crises. Thanks for joining us on the 483 00:25:36,960 --> 00:25:40,200 Speaker 1: Thursday edition as we turn away from the madness in 484 00:25:40,280 --> 00:25:42,480 Speaker 1: Washington for a moment. But we're not going very far, 485 00:25:42,720 --> 00:25:48,080 Speaker 1: just across the river to quite a gubernatorial contest that's 486 00:25:48,119 --> 00:25:50,160 Speaker 1: underway and one that we can probably learn a lot 487 00:25:50,240 --> 00:25:52,760 Speaker 1: from as we look around the country and ahead to 488 00:25:52,880 --> 00:25:56,359 Speaker 1: the mid terms. This was tweeted out by the r 489 00:25:56,480 --> 00:25:58,880 Speaker 1: n C r n C Research and there's a headline 490 00:25:58,880 --> 00:26:01,159 Speaker 1: on the terminal McCall if that would be Terry mccaull 491 00:26:01,160 --> 00:26:05,960 Speaker 1: if the Democrat says unpopular Biden. Unpopular Biden is a 492 00:26:06,080 --> 00:26:12,399 Speaker 1: drag on Virginia race. The gubernatorial Democratic candidate casting the 493 00:26:12,440 --> 00:26:15,440 Speaker 1: president and his party's lawmakers as Ryan Tique Beck with 494 00:26:15,600 --> 00:26:19,760 Speaker 1: rights as a liability. In the final weeks of the campaign, 495 00:26:19,760 --> 00:26:23,800 Speaker 1: with Poles showing a tightening race, he was in a 496 00:26:23,880 --> 00:26:26,760 Speaker 1: virtual meeting with supporters when he said this, but we 497 00:26:26,840 --> 00:26:29,639 Speaker 1: gotta get Democrats out to vote. We are facing a 498 00:26:29,680 --> 00:26:32,360 Speaker 1: lot of headwinds from Washington. As you know, the president 499 00:26:32,760 --> 00:26:36,040 Speaker 1: is unpopular today, unfortunately here in Virginia. So we have 500 00:26:36,160 --> 00:26:40,000 Speaker 1: got to plow through. And that's purple Virginia if we're 501 00:26:40,000 --> 00:26:43,400 Speaker 1: still calling it that, knowing that the Washington suburbs are 502 00:26:43,520 --> 00:26:47,440 Speaker 1: rather progressive. And we're joined now by Ryan Tique back 503 00:26:47,480 --> 00:26:50,280 Speaker 1: with Bloomberg National Politics Reporter. It's great to have you 504 00:26:50,320 --> 00:26:52,600 Speaker 1: with us here. Ryan, is this gonna be kind of 505 00:26:52,600 --> 00:26:55,200 Speaker 1: a theme for this campaign and others, and you can 506 00:26:55,320 --> 00:26:58,720 Speaker 1: use Virginia as the prism through which we're We're looking 507 00:26:58,760 --> 00:27:01,919 Speaker 1: at the nation here with Democrats distancing themselves from an 508 00:27:01,960 --> 00:27:06,040 Speaker 1: unpopular Democratic president. Yeah. Now, I'll start by saying that 509 00:27:06,119 --> 00:27:09,560 Speaker 1: Biden is not that unpopular. He's underwater by about three 510 00:27:09,560 --> 00:27:11,600 Speaker 1: points in Virginia and the most recent ple that I've 511 00:27:11,640 --> 00:27:16,280 Speaker 1: checked out. But this is a contrast for McAuliffe, who, 512 00:27:16,720 --> 00:27:20,160 Speaker 1: you know, a former governor, former d NC chair, very 513 00:27:20,240 --> 00:27:24,439 Speaker 1: plugged in kind of Washington figure, and he's running for 514 00:27:24,600 --> 00:27:27,840 Speaker 1: a second non consecutive term. He kicked off his campaign 515 00:27:28,040 --> 00:27:30,800 Speaker 1: by holding a rally with Joe Biden and by saying, 516 00:27:31,160 --> 00:27:33,640 Speaker 1: you know, we Democrats were all of a piece here, 517 00:27:33,680 --> 00:27:36,680 Speaker 1: we're all a kind So for him to acknowledge this. 518 00:27:37,000 --> 00:27:40,360 Speaker 1: You know, it's a fairly common place observation, but it 519 00:27:40,480 --> 00:27:43,919 Speaker 1: was kind of a sign of uh, some of the concerns. 520 00:27:44,280 --> 00:27:47,399 Speaker 1: He also said at a recent debate that it was 521 00:27:47,480 --> 00:27:51,320 Speaker 1: time for Congressional Democrats to finish up with what he 522 00:27:51,359 --> 00:27:55,320 Speaker 1: felt their chitty chat and just past the domestic Policy 523 00:27:55,320 --> 00:27:59,440 Speaker 1: Agenda bill that's five trillion dollar bill were lower. Uh. 524 00:27:59,480 --> 00:28:01,479 Speaker 1: And he also has said that that bill was maybe 525 00:28:01,520 --> 00:28:05,120 Speaker 1: too high, too much spending. So those were both kind 526 00:28:05,160 --> 00:28:08,600 Speaker 1: of real signs they're concerned that that it might be 527 00:28:08,720 --> 00:28:12,400 Speaker 1: dragging on. Is it what Terry mccauliffe is doing wrong 528 00:28:12,440 --> 00:28:15,119 Speaker 1: as well as what Glenn Youncan is doing right? As 529 00:28:15,200 --> 00:28:18,560 Speaker 1: as you point out, he's running on a divisive Trumpian 530 00:28:18,720 --> 00:28:21,840 Speaker 1: agenda and some thought that wouldn't be working too well 531 00:28:21,920 --> 00:28:26,680 Speaker 1: this year. You know, Um, this is a very interesting 532 00:28:26,760 --> 00:28:30,480 Speaker 1: test case because mccauliffe is about as close to a 533 00:28:30,520 --> 00:28:34,800 Speaker 1: generic Democrat uh as you can get. There's nothing really 534 00:28:35,240 --> 00:28:38,840 Speaker 1: He's kind of like Biden, somebody that you're everyone's familiar with, 535 00:28:38,920 --> 00:28:42,080 Speaker 1: but who's not particularly No one's putting a Terry mcculloff 536 00:28:42,080 --> 00:28:45,360 Speaker 1: poster in their dorm room, you know, wall Well, I 537 00:28:45,400 --> 00:28:48,640 Speaker 1: hope he didn't hear you say that. I mean, yeah, 538 00:28:48,680 --> 00:28:52,479 Speaker 1: I'm just saying the term line. So he's running. It's 539 00:28:52,520 --> 00:28:55,280 Speaker 1: basically like, hey, you like Democrats, this is the Bluish State. 540 00:28:55,680 --> 00:28:58,200 Speaker 1: Let's let's keep a good thing going. Um. Youncan had 541 00:28:58,200 --> 00:29:01,480 Speaker 1: a much more difficult uh prospect for him, which is 542 00:29:01,520 --> 00:29:05,400 Speaker 1: that he needed to thread the needle between a base 543 00:29:05,680 --> 00:29:08,800 Speaker 1: that is very uh much in love with Trump and 544 00:29:09,000 --> 00:29:13,720 Speaker 1: very much on his side on policies like skepticism about 545 00:29:14,080 --> 00:29:18,880 Speaker 1: Afghan refugees and skepticism about masks and vaccine mandates, and 546 00:29:19,200 --> 00:29:21,520 Speaker 1: that is what made him face a lot more difficult 547 00:29:21,600 --> 00:29:27,280 Speaker 1: questions about how much he supports him. So he struggled 548 00:29:27,320 --> 00:29:29,440 Speaker 1: with just a question of life. You know, would you 549 00:29:30,320 --> 00:29:34,200 Speaker 1: support Trump in the election? You know, what do you 550 00:29:34,200 --> 00:29:36,720 Speaker 1: like about Trump? Uh? Those things have been really tricky 551 00:29:36,760 --> 00:29:39,440 Speaker 1: for him to the extent that it's working for him, though, Ryan, 552 00:29:39,760 --> 00:29:41,920 Speaker 1: are you cutting the state in half? Are you eliminating 553 00:29:41,960 --> 00:29:45,160 Speaker 1: the sort of northern Virginia, Washington d C. Suburbs? Is it? 554 00:29:45,320 --> 00:29:48,520 Speaker 1: Is it elsewhere in the state that Youngcan is doing well? No, 555 00:29:48,720 --> 00:29:52,320 Speaker 1: So he needs to the needle that he needs to 556 00:29:52,360 --> 00:29:55,280 Speaker 1: threats that he needs to get the the reddish rural 557 00:29:55,440 --> 00:29:58,360 Speaker 1: Trump be parts of the state to turn out um, 558 00:29:58,440 --> 00:30:00,920 Speaker 1: but to win, he also need needs to cut down 559 00:30:01,120 --> 00:30:04,440 Speaker 1: on the margin in the suburbs because the suburbs turned 560 00:30:04,480 --> 00:30:08,680 Speaker 1: so decisively towards Democrats during the Trunk years and he 561 00:30:08,720 --> 00:30:10,880 Speaker 1: needs to wing back some of that. So if he 562 00:30:10,960 --> 00:30:12,880 Speaker 1: can just shave that margin a little bit, then he 563 00:30:12,880 --> 00:30:16,120 Speaker 1: can put himself within uh winning. You've got a race, 564 00:30:16,400 --> 00:30:18,560 Speaker 1: Ryan tik beckwith great to talk with you. Ryan, Thanks 565 00:30:18,600 --> 00:30:22,040 Speaker 1: for your reporting, Bloomberg National politics reporter on a race 566 00:30:22,600 --> 00:30:26,640 Speaker 1: that could be a microcosm for the nation as we 567 00:30:26,720 --> 00:30:30,120 Speaker 1: head for the mid term. You're listening to Bloomberg You 568 00:30:30,240 --> 00:30:36,480 Speaker 1: sound on with Joe Matthew on Bloomberg Radio as we 569 00:30:36,520 --> 00:30:38,920 Speaker 1: look ahead to the mid terms by way of Virginia, 570 00:30:39,040 --> 00:30:41,280 Speaker 1: and thanks again to Ryan for setting us up here. 571 00:30:41,320 --> 00:30:45,880 Speaker 1: We reassemble the panel with the Virginia gubernatorial contest in mind, 572 00:30:47,680 --> 00:30:50,920 Speaker 1: and that would be Bloomberg Politics contributor Republican strategist Rick 573 00:30:51,040 --> 00:30:53,600 Speaker 1: Davis with us for the hour, along with Kristin Hahn 574 00:30:54,400 --> 00:30:57,680 Speaker 1: in Sound On Today, democratic strategist, former Blue Dog Coalition 575 00:30:58,000 --> 00:31:01,280 Speaker 1: comms director partner at Rock Solutions. Great to have you 576 00:31:01,360 --> 00:31:03,640 Speaker 1: both with us. Rick Davis, you know Virginia very well. 577 00:31:03,760 --> 00:31:07,680 Speaker 1: I would argue that you know Terry mccaulliff pretty darn 578 00:31:07,720 --> 00:31:10,040 Speaker 1: well from your time in Washington. And as I read 579 00:31:10,040 --> 00:31:12,120 Speaker 1: in this column the former chair of the d n C, 580 00:31:12,400 --> 00:31:17,200 Speaker 1: that's mccauliff distancing from the president maybe a precursor as 581 00:31:17,240 --> 00:31:19,760 Speaker 1: to how the party's congressional candidates will try to save 582 00:31:19,800 --> 00:31:24,560 Speaker 1: themselves in next year's midterm elections. This happens both sides 583 00:31:24,600 --> 00:31:27,120 Speaker 1: of the aisle. When you have an unpopular president who 584 00:31:27,120 --> 00:31:29,160 Speaker 1: thinks he or she is going to go to the 585 00:31:29,200 --> 00:31:31,760 Speaker 1: district and save the day, Rick the candidate doesn't always 586 00:31:31,800 --> 00:31:34,160 Speaker 1: want him to come. No, and in this case, it's 587 00:31:34,200 --> 00:31:36,240 Speaker 1: only getting worse. I mean, here's the state that Joe 588 00:31:36,280 --> 00:31:38,760 Speaker 1: Biden beat Donald Trump by ten points. I mean that 589 00:31:39,680 --> 00:31:42,720 Speaker 1: usually is a pretty good indication that in a off 590 00:31:42,760 --> 00:31:45,080 Speaker 1: your election like this one, it ought to bode well 591 00:31:45,160 --> 00:31:48,280 Speaker 1: for Democrats. But uh, this is a dead heat and 592 00:31:48,600 --> 00:31:50,440 Speaker 1: it's really got a lot of people scratching your head. 593 00:31:50,440 --> 00:31:52,840 Speaker 1: There's a recent Emerson College bull it just came out 594 00:31:53,320 --> 00:31:58,720 Speaker 1: that shows that Biden's endorsement is more likely to help 595 00:31:59,080 --> 00:32:03,720 Speaker 1: Terry mccaulloff thirty nine percent less likely to help Terry mccaulloff. 596 00:32:03,800 --> 00:32:06,600 Speaker 1: So that endorsement is weighing heavy to Terry, and he's 597 00:32:07,200 --> 00:32:09,600 Speaker 1: enough of a pro that he looks at everything like 598 00:32:09,640 --> 00:32:12,480 Speaker 1: a campaign manager, and I think he's just talking what's 599 00:32:12,520 --> 00:32:15,400 Speaker 1: on his mind when he says, Wow, Biden's a drag 600 00:32:15,480 --> 00:32:18,480 Speaker 1: on me and I need to win. Was that on purpose? 601 00:32:18,520 --> 00:32:21,840 Speaker 1: The hot mic open mic moment? Though? When when we 602 00:32:21,880 --> 00:32:25,080 Speaker 1: start thinking about the motivations, Kristen, I mean, Terry mccaulloff 603 00:32:25,200 --> 00:32:29,240 Speaker 1: is a seasoned professional politician. You don't say stuff like 604 00:32:29,280 --> 00:32:33,200 Speaker 1: that on zoom unless you want someone to hear it. Right. Um, 605 00:32:33,240 --> 00:32:35,760 Speaker 1: I don't know if it was intentional, you know, I'd 606 00:32:35,760 --> 00:32:39,640 Speaker 1: say yes, the numbers are closer than they probably should 607 00:32:39,640 --> 00:32:42,040 Speaker 1: be at this point, and I'm looking ahead to the 608 00:32:42,080 --> 00:32:44,840 Speaker 1: mid terms. You know, the Democrats control everything right now. 609 00:32:44,920 --> 00:32:48,080 Speaker 1: So you know, like I said, I don't know how unpopular. 610 00:32:48,400 --> 00:32:51,920 Speaker 1: Biden is not that unpopular. But you know this is 611 00:32:52,400 --> 00:32:54,920 Speaker 1: this is generally what happens. But you know it is 612 00:32:54,960 --> 00:32:58,760 Speaker 1: notable that. Um, you know the return odds and t 613 00:32:58,960 --> 00:33:02,000 Speaker 1: ballot um. You know the Dems. If you look at those, 614 00:33:02,000 --> 00:33:03,920 Speaker 1: the Dems are on pace for victory here. I think 615 00:33:03,960 --> 00:33:08,520 Speaker 1: they had about two and twenty Fairfax County alone. UM. 616 00:33:08,680 --> 00:33:11,960 Speaker 1: But yeah, I don't know if it was it was intentional. Yeah, 617 00:33:12,000 --> 00:33:14,240 Speaker 1: well I don't I don't know if it matters at 618 00:33:14,240 --> 00:33:17,440 Speaker 1: this point, but it does expose what could be a 619 00:33:17,480 --> 00:33:20,400 Speaker 1: truth for a lot of Democrats around the country. Kristen, 620 00:33:20,440 --> 00:33:24,200 Speaker 1: would you advise Democratic candidates to take a couple of 621 00:33:24,240 --> 00:33:27,680 Speaker 1: steps away from Joe Biden over the next year. UM. 622 00:33:27,720 --> 00:33:29,120 Speaker 1: I think it's you know, when I worked with a 623 00:33:29,200 --> 00:33:31,960 Speaker 1: lot of candidates in UM. You know, these really tough 624 00:33:32,600 --> 00:33:36,440 Speaker 1: seats in swing districts, UM, tough seats for Democrats to win, 625 00:33:36,720 --> 00:33:40,160 Speaker 1: and you got to go district by district, and you know, 626 00:33:40,240 --> 00:33:44,120 Speaker 1: look at your constituency. I think, you know, the days 627 00:33:44,200 --> 00:33:49,040 Speaker 1: of really distancing yourself from the party, it becomes more 628 00:33:49,040 --> 00:33:52,920 Speaker 1: and more difficult, particularly as we're you know, on pace 629 00:33:53,640 --> 00:33:56,760 Speaker 1: to pass a lot of these big, these big measures. 630 00:33:56,800 --> 00:33:58,400 Speaker 1: And I think, you know, going back to the discussion 631 00:33:58,480 --> 00:34:01,880 Speaker 1: we had earlier in the hour about these big numbers 632 00:34:01,880 --> 00:34:04,360 Speaker 1: and whether that's going to play, I think it does. Um. 633 00:34:04,400 --> 00:34:06,320 Speaker 1: You know, we just did some focus groups where you 634 00:34:06,320 --> 00:34:08,959 Speaker 1: talked to voters who voted for Trump and then voted 635 00:34:09,000 --> 00:34:12,359 Speaker 1: for Biden. So these swing voters, independent voters, and the 636 00:34:12,400 --> 00:34:15,239 Speaker 1: top line members didn't necessarily concern them the fact that 637 00:34:15,280 --> 00:34:18,279 Speaker 1: they may not they may be devisit finance actually did, 638 00:34:18,320 --> 00:34:21,359 Speaker 1: which was very interesting. Um. So I think a lot 639 00:34:21,440 --> 00:34:23,319 Speaker 1: of things comes, a lot of things come into play, 640 00:34:23,360 --> 00:34:26,560 Speaker 1: but yes, very concerned, um for the majority in the House, 641 00:34:26,560 --> 00:34:29,440 Speaker 1: for the Democrats in the mid terms. Rick Davis, you 642 00:34:29,480 --> 00:34:31,600 Speaker 1: point out the last time the incombent did not get 643 00:34:31,880 --> 00:34:36,399 Speaker 1: crushed in the mid terms was two thousand two, just 644 00:34:36,520 --> 00:34:42,640 Speaker 1: after nine eleven Terry mccaullof's first election. Yeah, I mean, Ken, 645 00:34:42,760 --> 00:34:47,480 Speaker 1: Terry mccaulliffe do a repeat party out of power, Uh 646 00:34:47,680 --> 00:34:51,440 Speaker 1: usually wins in these uh off your elections. And this 647 00:34:51,480 --> 00:34:53,480 Speaker 1: is an off your election, not a mid term, so 648 00:34:53,520 --> 00:34:57,279 Speaker 1: it's even more complicated, right and uh and yet Terry 649 00:34:57,320 --> 00:35:00,360 Speaker 1: mccalliffe was the only one since nineteen seventy for GA 650 00:35:00,920 --> 00:35:03,359 Speaker 1: to beat the rap on that. And and the real 651 00:35:03,440 --> 00:35:06,000 Speaker 1: question is can you do it again? Because it's almost 652 00:35:06,040 --> 00:35:09,920 Speaker 1: exactly the same sequence for him. Let's talk about the 653 00:35:10,239 --> 00:35:13,080 Speaker 1: not vote for governor of Virginia, but the vote for 654 00:35:13,120 --> 00:35:15,279 Speaker 1: this debt ceiling. A little bit later on, as I'm 655 00:35:15,320 --> 00:35:18,400 Speaker 1: reading on the terminal here, there's still counting votes and 656 00:35:18,480 --> 00:35:22,400 Speaker 1: we just called our our buddy Jack Fitzpatrick from Bloomberg Government, 657 00:35:22,440 --> 00:35:24,320 Speaker 1: who's on the hill right now and has been knocking 658 00:35:24,360 --> 00:35:27,320 Speaker 1: on doors trying to figure out what's going on. Senator 659 00:35:27,400 --> 00:35:29,880 Speaker 1: Miss McConnell is still working to get at least nine 660 00:35:30,239 --> 00:35:33,560 Speaker 1: other Republicans to vote for this procedural motion. To vote 661 00:35:33,560 --> 00:35:37,279 Speaker 1: for cloture, you need sixty yes votes to advance the 662 00:35:37,360 --> 00:35:41,239 Speaker 1: debt ceiling legislation. This is the vote that counts. Obviously, 663 00:35:41,800 --> 00:35:45,240 Speaker 1: can McConnell find nine more to make this happen tonight? Kristen, 664 00:35:47,800 --> 00:35:51,040 Speaker 1: I won't speak for my my Republican the honest here, 665 00:35:51,120 --> 00:35:53,120 Speaker 1: but you know, I think I kind of view Miss 666 00:35:53,160 --> 00:35:56,600 Speaker 1: McConnell on the same line as I view UH Speaker Pelosi. 667 00:35:57,000 --> 00:35:59,800 Speaker 1: At the end of the day, their master legislators, and 668 00:35:59,840 --> 00:36:03,520 Speaker 1: they tend to get what they need from there from there, 669 00:36:03,960 --> 00:36:07,359 Speaker 1: you know, caucus or conference. So I I'm sure that 670 00:36:07,400 --> 00:36:10,359 Speaker 1: you know, Rick has much a better read on this 671 00:36:10,440 --> 00:36:12,920 Speaker 1: than I do, um, but I would expect that he 672 00:36:12,960 --> 00:36:15,759 Speaker 1: would get there. What do you think about this, Rick, 673 00:36:15,840 --> 00:36:17,560 Speaker 1: is this is as good as a done deal. We're 674 00:36:17,600 --> 00:36:19,840 Speaker 1: having trouble hearing from a lot of people ahead of 675 00:36:19,840 --> 00:36:22,640 Speaker 1: the vote, but I'm sure Mitch McConnell is not. Yeah. Look, 676 00:36:22,680 --> 00:36:25,319 Speaker 1: I mean this is not an easy self for Republicans, right, 677 00:36:25,360 --> 00:36:29,279 Speaker 1: I mean they were all behind Mitch's earlier strategy of 678 00:36:29,360 --> 00:36:32,040 Speaker 1: let the Democrats do it on their own. So uh, 679 00:36:32,120 --> 00:36:35,160 Speaker 1: now they were resented of this offer. Some are resentful, 680 00:36:35,200 --> 00:36:37,600 Speaker 1: and some think that they he kind of walked them 681 00:36:37,600 --> 00:36:40,280 Speaker 1: out on a limb and cut it off. So there's 682 00:36:40,320 --> 00:36:43,040 Speaker 1: probably a little bit of anxiety in that caucus. But 683 00:36:43,239 --> 00:36:47,240 Speaker 1: Mitch McConnell is a very powerful force in the Republican 684 00:36:47,280 --> 00:36:50,440 Speaker 1: Party and even more powerful within the Republican caucus in 685 00:36:50,440 --> 00:36:53,000 Speaker 1: the Senate. I know, I have opposed him many times 686 00:36:53,000 --> 00:36:56,359 Speaker 1: with John McCain. It is a very lonely place when 687 00:36:56,480 --> 00:36:58,560 Speaker 1: Mitch McConnell knocks on your door and you have to 688 00:36:58,600 --> 00:37:02,120 Speaker 1: tell him no. So I think he'll do just fine. Yeah. 689 00:37:02,160 --> 00:37:03,920 Speaker 1: What does he say though, when you come back with 690 00:37:03,960 --> 00:37:08,800 Speaker 1: a note uh, usually gives you a very deathlike stare 691 00:37:09,520 --> 00:37:12,960 Speaker 1: which burns right through to the wall. Uh and uh 692 00:37:13,120 --> 00:37:15,800 Speaker 1: and and then he leaves without saying another word, knowing 693 00:37:15,920 --> 00:37:18,120 Speaker 1: that you're gonna want him later and he's not gonna 694 00:37:18,200 --> 00:37:20,680 Speaker 1: be there for you. And as someone I believe Rick 695 00:37:20,760 --> 00:37:24,680 Speaker 1: Davis said earlier, this week, Kristen Mitch McConnell decided to 696 00:37:24,800 --> 00:37:27,640 Speaker 1: let Joe Biden come to him. You need me, I'm 697 00:37:27,640 --> 00:37:30,200 Speaker 1: not going to chase you. You You come to me. Is 698 00:37:30,200 --> 00:37:34,719 Speaker 1: that paying off? Now? Um? You know, I mean you've 699 00:37:34,719 --> 00:37:38,120 Speaker 1: always got these different dynamics with you know, different different 700 00:37:38,160 --> 00:37:40,200 Speaker 1: parties and the leaders of different parties in the in 701 00:37:40,239 --> 00:37:42,400 Speaker 1: the White House, and I expect that there have been 702 00:37:42,480 --> 00:37:46,200 Speaker 1: some back channel conversations, um on a staff level. So 703 00:37:46,239 --> 00:37:50,120 Speaker 1: I don't know, you know, if it's paying off, um, 704 00:37:50,160 --> 00:37:53,440 Speaker 1: But you know, this is just the legislative process, and 705 00:37:53,800 --> 00:37:56,719 Speaker 1: you know, we've all got to get there. Senator John 706 00:37:56,760 --> 00:37:59,640 Speaker 1: Thune told Bloomberg News GOP leaders are still trying to 707 00:37:59,680 --> 00:38:02,319 Speaker 1: gauge sports. I suppose this could take a little bit 708 00:38:02,320 --> 00:38:04,520 Speaker 1: of time here, Rick, But assuming the Senate gets it done, 709 00:38:04,600 --> 00:38:06,799 Speaker 1: and and you're leading me to think that it will, 710 00:38:07,520 --> 00:38:10,160 Speaker 1: then lawmakers in the House get a phone call right there, 711 00:38:10,239 --> 00:38:12,800 Speaker 1: run seventy two hours notice to come back to Washington 712 00:38:13,120 --> 00:38:14,960 Speaker 1: and get the job done. Next door, So a lot 713 00:38:15,000 --> 00:38:18,160 Speaker 1: of people buying airplane tickets in the next day or two. Yeah, 714 00:38:18,480 --> 00:38:20,720 Speaker 1: this is the best thing for like American and United 715 00:38:20,760 --> 00:38:23,400 Speaker 1: and Delta, right and like get them going back and 716 00:38:23,440 --> 00:38:26,160 Speaker 1: forth their district as much as you can, but they 717 00:38:26,200 --> 00:38:28,640 Speaker 1: will all want to get this over with. This is 718 00:38:28,800 --> 00:38:30,640 Speaker 1: this is one of those things. Is I think Kristen 719 00:38:30,680 --> 00:38:33,520 Speaker 1: pointed out, it's a fake issue. We know we're going 720 00:38:33,560 --> 00:38:36,879 Speaker 1: to clear this this, this, this, that ceiling. It would 721 00:38:36,920 --> 00:38:39,400 Speaker 1: be horrendous for the country in so many different ways. 722 00:38:39,719 --> 00:38:42,320 Speaker 1: And so they knew there was going to be a solution, 723 00:38:42,360 --> 00:38:44,920 Speaker 1: they just didn't know it necessarily included them having to 724 00:38:44,960 --> 00:38:48,560 Speaker 1: come back to d C. But considering the reaction they're 725 00:38:48,560 --> 00:38:51,200 Speaker 1: probably getting from their constituents, maybe leaving town for a 726 00:38:51,239 --> 00:38:53,319 Speaker 1: couple of days and so that you know where we're 727 00:38:53,320 --> 00:38:55,640 Speaker 1: gonna go for the weekend, honey, how about Washington, D C? 728 00:38:56,120 --> 00:38:59,080 Speaker 1: Congressman cast in earlier this Hour, Kristen called this a 729 00:38:59,120 --> 00:39:03,719 Speaker 1: manufactured crisis. You do see it that way. I always do. 730 00:39:03,960 --> 00:39:06,040 Speaker 1: You know, I've worked with a lot of you know, 731 00:39:06,480 --> 00:39:10,800 Speaker 1: if you home a fiscally responsible wing of the Democratic Party, 732 00:39:10,920 --> 00:39:13,840 Speaker 1: and um, you know, I've always been kind of turned 733 00:39:13,880 --> 00:39:17,200 Speaker 1: off as a day with you know, playing politics with 734 00:39:17,200 --> 00:39:20,600 Speaker 1: with the debt feelings. So it's absolutely a manufactured in chrisis. 735 00:39:20,640 --> 00:39:22,799 Speaker 1: So what's the answer. Do you have the Treasury Secretary 736 00:39:22,800 --> 00:39:25,680 Speaker 1: handle it? See that's you know, that's the conversation. And 737 00:39:25,719 --> 00:39:30,080 Speaker 1: there's been a bill that's been introduced, um that you 738 00:39:30,120 --> 00:39:33,800 Speaker 1: know to that effect. Um. And I think that you 739 00:39:33,800 --> 00:39:36,200 Speaker 1: you know, whether you have the Treasury secretary or there's 740 00:39:36,200 --> 00:39:40,200 Speaker 1: some you have to assume that whoever the Treasury secretary 741 00:39:40,320 --> 00:39:44,840 Speaker 1: is is a responsible actor. So visit just one person. Um, 742 00:39:44,880 --> 00:39:47,160 Speaker 1: you know, how you get that done. But I agree 743 00:39:47,200 --> 00:39:49,600 Speaker 1: with him that this should not be something that Congress 744 00:39:50,120 --> 00:39:52,960 Speaker 1: votes on. It is, um, something that's used as just 745 00:39:53,120 --> 00:39:56,839 Speaker 1: a you know, it's it's it's all politics. But Rick, 746 00:39:56,880 --> 00:39:59,240 Speaker 1: if we can't even figure out how to agree upon 747 00:40:00,080 --> 00:40:02,880 Speaker 1: raising or even suspending the debt ceiling, how in the 748 00:40:02,960 --> 00:40:07,200 Speaker 1: world where lawmakers agree on an entirely new mechanism authorizing 749 00:40:07,239 --> 00:40:09,920 Speaker 1: another body to handle this. Yeah, I think the premise 750 00:40:10,080 --> 00:40:11,960 Speaker 1: is wrong. Of course, they're agreed that they're going to 751 00:40:12,080 --> 00:40:14,799 Speaker 1: raise the debt ceiling. It's just politics and power that 752 00:40:14,960 --> 00:40:17,120 Speaker 1: gets them to the point where they'll do it. And 753 00:40:17,160 --> 00:40:18,840 Speaker 1: by the way, I think that's the same thing on 754 00:40:18,920 --> 00:40:21,359 Speaker 1: this agenda. How much is Biden going to give up? 755 00:40:21,440 --> 00:40:23,279 Speaker 1: What is it going to cost them? How much is 756 00:40:23,280 --> 00:40:26,120 Speaker 1: the defense bill going to get increase in order to 757 00:40:26,160 --> 00:40:29,280 Speaker 1: get build back better? Pass. I mean, these are all trades. 758 00:40:29,360 --> 00:40:32,359 Speaker 1: And by the way, this is how it's designed, right. 759 00:40:32,440 --> 00:40:35,200 Speaker 1: Nobody has the power to dictate, so they've got to 760 00:40:35,239 --> 00:40:39,000 Speaker 1: play the game. Is the debt ceiling actually a useful 761 00:40:39,040 --> 00:40:42,719 Speaker 1: tool though in not letting the majority run wild with 762 00:40:42,840 --> 00:40:45,200 Speaker 1: spending here, Kristen, there was a reason why it was 763 00:40:45,239 --> 00:40:48,200 Speaker 1: put there to begin with. I don't think it should 764 00:40:48,200 --> 00:40:50,200 Speaker 1: be a tool, and I think that there are other 765 00:40:50,360 --> 00:40:53,680 Speaker 1: useful tools that you know, the leadership and both parties 766 00:40:53,719 --> 00:40:56,719 Speaker 1: can use, and this should be taken out of the equation. 767 00:40:56,760 --> 00:40:58,880 Speaker 1: You know, I've been I was thinking when Rick was 768 00:40:58,880 --> 00:41:01,640 Speaker 1: talking about how does mention the connell um? You know 769 00:41:01,719 --> 00:41:04,480 Speaker 1: how when you tell him know what happens we get it. 770 00:41:04,560 --> 00:41:07,279 Speaker 1: We called it being called into the speaker's office, thing 771 00:41:07,320 --> 00:41:10,480 Speaker 1: called in the principal's office, and it's it's much the 772 00:41:10,520 --> 00:41:14,120 Speaker 1: same way when you talk about the dent limit with 773 00:41:14,160 --> 00:41:17,560 Speaker 1: her boy, I'd bet Rick Davis, Kristen Hahn, great talk. 774 00:41:17,600 --> 00:41:21,040 Speaker 1: Really glad that you came by, Kristen and Rick, this 775 00:41:21,120 --> 00:41:24,319 Speaker 1: is always your home here on the radio, Bloomberg sound on. 776 00:41:24,920 --> 00:41:28,200 Speaker 1: You imagine if miss McConnell was your principal in high school. 777 00:41:28,840 --> 00:41:32,680 Speaker 1: I'll let you think about that, let that summer, and 778 00:41:32,719 --> 00:41:35,040 Speaker 1: I'll see you back here on Monday, Jack and Emily 779 00:41:35,080 --> 00:41:36,560 Speaker 1: in tomorrow. 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