This is Extortion!' CNBC's Joe Kernen Erupts at Dem Senator Not There Yet' on Shutdown Resolution
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This is Extortion!' CNBC's Joe Kernen Erupts at Dem Senator Not There Yet' on Shutdown Resolution
""Recently, you've also seen debt ceiling crises, where there's a threat not to default on our debt. So this is a serious indication of the breakdown of the process," he said, adding: "One of the existential fights here, beneath the surface, but really important to Americans, is the cost of health care. I mean, it has been rising way faster than inflation. It's a killer for small businesses that really have benefited by the Obamacare tax credits.""
""You're always reasonable when you come on, and I've said that, and you're almost conceding that you should not be shutting down the government, that the Democrats should not be doing that. And I don't think you'd ever say that extortion is the way that Republicans should get their way if they don't like the IRA or they don't like overspending or whatever is at any given point in time where the other party has a disagreement. This is not the way to do it.""
Democrats were accused of holding federal workers hostage amid a partisan standoff over health care and spending. A host appealed to conscience while pressing whether Democrats would reopen the government before changing Obamacare. A co-host warned the shutdown was creating piecemeal government operations and cautioned that emergency measures risked prolonging shutdown standoffs. The situation was described as an indication of political process breakdown and linked to recent debt ceiling crises. Rising health care costs were highlighted as outpacing inflation and burdening small businesses that rely on Obamacare tax credits.
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