Breaking Points with Krystal and Saagar 01/31/23: Debt Ceiling Fight, Elizabeth Warren Vs. Kamala, DeSantis Campaign, Big Pharma Corruption, CNN Ratings PLUMMET, Used Car Market & MORE!
Jan 31, 2023
Dive into the heated debate over the debt ceiling, where political maneuvering meets public concern. Elizabeth Warren's endorsement of Biden raises eyebrows amid tensions with Kamala Harris. Discover the underbelly of Big Pharma as drug pricing scandals are unveiled. Meanwhile, the used car market hits a snag, echoing broader economic shifts. Plus, CNN's ratings are crashing, reflecting a media world in flux. And don't miss the heartwarming story of a YouTuber lifting 1,000 people out of blindness, sparking a conversation on charity versus commercialization.
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Government Dysfunction Tops Concerns
- Americans now see government dysfunction as the country's top problem, surpassing inflation.
- This shift reflects growing frustration with political leadership and a sense of national malaise.
Wall Street Unfazed by Debt Ceiling
- Wall Street remains calm about the debt ceiling crisis, expecting bondholders to be prioritized.
- This prioritization would avert a market crash but leave other crucial programs vulnerable.
GOP Disunity on Debt Ceiling Cuts
- Republicans want to leverage the debt ceiling to enforce spending cuts, but lack internal consensus.
- Their inability to agree on specific cuts, coupled with Biden's refusal to negotiate, increases the risk of default.