Schumer Caves in Budget Battle, Putin Playing Hardball, Michelle Obama Podcast Flop: AM Update 3/14

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What are the key political updates for March 14th, 2025?

Megyn Kelly 0:02
Good morning, everyone. I'm Megyn Kelly. It's Friday, March 14th, 2025, and this is your AM Update.
Chuck Schumer 0:09
Allowing Donald Trump to take even much more power via a government shutdown is a far worse option.

Why did Chuck Schumer change his stance on the budget bill?

Megyn Kelly 0:16
Senate Minority Leader Chuck Schumer caving in the budget battle, announcing he will vote to allow the government funding bill to go forward, averting a shutdown.
Vladimir Putin 0:26
Our position is based on the assumption that the ceasefire would lead to a long-term peace.

What are Vladimir Putin's conditions for a ceasefire?

Megyn Kelly 0:32
Russian President Vladimir Putin signaled tentative acceptance of a ceasefire deal, but says he has some concerns he would like to speak to President Trump about. President Trump inviting New York Governor Kathy Hochul to the White House, trying to pressure her into reversing New York's Green New Deal fanaticism. And Michelle Obama's podcast debut does little to squash swirling divorce rumors. All that and more coming up in just a moment on your AM Update. Four years of crushing interest rates, runaway inflation, and reckless government spending, and who is paying the price? You are. You might have bills stacking up. You might have debt collectors on your back. You might barely be able to keep food on the table, and that's stressful. Done with debt can be a way out.
Megyn Kelly 1:19
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Megyn Kelly 2:02
That's donewithdebt.com. Senate Minority Leader Chuck Schumer caving on the budget battle, a complete reversal from his position just hours earlier, announcing on the Senate floor Thursday night he will not let the government shut down.
Chuck Schumer 2:21
While the CR bill is very bad, the potential for a shutdown has consequences for America that are much, much worse. For sure, the Republican bill is a terrible option. But I believe allowing Donald Trump to take even much more power via a government shutdown is a far worse option.
Megyn Kelly 2:46
Despite Senator Schumer's early assertions of unity, the Democrat Party remaining deeply divided on their spending bill strategy, some fearing a shutdown would be worse politically than passing the Republican CR. Punchbowl News reporting New York Senator Kirsten Gillibrand could be heard yelling loudly through the doors of the Senate Dems' lunch, arguing against shuttering the government. Eight Democrats are needed to advance the bill in a procedural vote. They will not be required to vote on the actual bill itself, which only requires a simple majority, which the Republicans have. With Senator Schumer's support of the procedural move, the bill is likely to pass later today, just in the nick of time. The European Union announcing a 50% tariff on select U.S.

What strategies are being suggested to handle personal debt?

Megyn Kelly 3:33
imports, namely whiskey, in direct response to Wednesday's U.S. tariffs on aluminum and steel. President Trump immediately responding on Truth Social, writing, quote, If this tariff is not removed immediately, the U.S. will shortly place a 200% tariff on all wines, champagnes, and alcoholic products coming out of France and other EU-represented countries. Commerce Secretary Howard Lutnick on Bloomberg said, admonishing the European Union and Canada for not appreciating the gravity of the president's tariff strategy.
Howard Lutnick 4:05
We need to have steel and aluminum domestically in America. In national security, you need metals to make bullets. You need metals to make munitions. You need metals to make everything. And Donald Trump is very focused on, let's make sure the key ingredients that are necessary to defend America are made here in America.

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