Shutdown Showdown & Michter’s Whiskey on EU Tariffs 12/20/24
Episode description
A government shutdown looms this Friday, and Congress is scrambling to find a funding bill that both parties will approve. The rush comes after President-elect Trump (and Elon Musk) scrapped a bill, and then a short term bill backed by both Trump and Musk failed to pass on Thursday. Emily Wilkins reports from DC on plans for “plan C,” and Senator Markwayne Mullin (R-Oklahoma) discusses the likelihood of another funding fight after the holidays. Kentucky distiller Michter’s is bracing for the possibility of a 50% tariffs on exports to the EU. CEO Joe Magliocco explains the strain of tariffs on the whiskey business, as well as President-elect Trump’s overnight tariff threat to the European Union. Plus, there’s a new bipartisan push to extend the deadline to ban TikTok.
Sen. Markwayne Mullin - 18:17
Emily Wilkins - 27:33
Joe Magliocco - 33:47
In this episode:
Sen. Markwayne Mullin, @SenMullin
Becky Quick, @BeckyQuick
Andrew Ross Sorkin, @andrewrsorkin
Katie Kramer, @Kramer_Katie