Tangle cover image

Tangle

Republicans and Democrats strike a deal.

Jan 10, 2024
24:22
Snipd AI
Congress reaches a $1.65 trillion spending deal, potential government shutdown, misinformation and fake news, diverse reactions to the budget agreement, right's response and criticism, analysis of Trump's immunity appeal and unlikely defense.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • The $1.65 trillion spending deal reached by Democrats and Republicans in Congress includes $773 billion for non-defense discretionary spending and $886 billion for defense spending.
  • Republicans criticize the spending deal, arguing that the true spending level is higher than stated, while some see it as a missed opportunity to address key spending areas such as border security and aid for Ukraine and Israel.

Deep dives

Fiscal Year 2024 Spending Deal Reached

Congress has struck a deal on fiscal year 2024 spending, with a top line of $1.59 trillion for the year. The deal allocates $886 billion for defense and $704 billion for non-defense spending. However, there is still work to be done, and the tight deadlines may lead to stock market volatility and disruptions in federal services.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode