Breaking Points with Krystal and Saagar 5/18/23: Biden Humiliated In Debt Ceiling Fight, Chomsky Caught In Epstein Money, Housing Market Record Low Confidence, Prince Harry and Meghan's "Car Chase", Tucker Replacement, Public Housing Surveillance, Pat McAffee ESPN Deal, DeSantis Set To Launch
May 18, 2023
Shelby Talcott, a political reporter at Semafor, joins to dissect the latest in the 2024 presidential race, focusing on Ron DeSantis's campaign moves in Iowa. The discussion covers the drama surrounding Biden and the debt ceiling crisis, Noam Chomsky's controversial connections to Epstein, and the public's skepticism toward media narratives involving Prince Harry and Meghan. They also tackle the disturbing rise of surveillance in public housing and the shifting dynamics of cable news after Tucker Carlson's exit.
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Debt Ceiling Politics
- Republicans use debt ceiling votes to leverage unrelated political goals.
- This tactic creates economic instability and recurring hostage situations.
Republican Spending Cuts
- Republicans want to cut spending without touching military or entitlement programs.
- This leaves only smaller programs like food stamps and IRS funding vulnerable.
2011 Debt Ceiling Breach
- In 2011, a brief breach of the debt ceiling caused trillions of dollars in lost household wealth.
- Experts warn a prolonged breach now could be worse than the 2008 financial crash.
