Veterans of the 2011 debt ceiling crisis are worried, Idaho 'Doomsday mom convicted of murder and Twitter has a new CEO.
Hit play on the player above to hear the podcast and follow along with the transcript below.
Congressional leaders had planned to meet with President Joe Biden at the White House yesterday to try and make progress on debt ceiling talks. But the meeting was canceled. That leaves us wondering where things stand this weekend. The reason people should be taking this seriously, that this is not just government fighting, is because if the US defaults, this would affect every American. This would create a situation, economists agree, the current Treasury Secretary Janet Yellen agrees, as well as previous treasury secretaries from both parties agree that this would be, as they've said,"a catastrophe."
I should point out it doesn't mean that we really have from now until June 1st to get something done exactly, unless Congress changes its schedule. But they have days off around the Memorial Day holiday and last count, they had less than 10 days in session between now and the first. So we have to really wait and see what happens in the upcoming week.All right. USA Today Politics Editor, Candy Woodall. We'll be following along with you and your team's reporting next week.
Twitter has a new CEO. Elon Musk tapped NBCUniversal Advertising Sales Chief, Linda Yaccarino to succeed him in the job. He said she'll focus mainly on Twitter's business while he focuses on product design and new technology. Musk said,"Looking forward to working with Linda to transform this platform into X, the everything app." Twitter's advertising business model has struggled since Musk bought the platform six months ago.
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