The transcript discusses several topics, including a potential agreement between Hollywood's major media companies and The Writers Guild that could end a months-long strike, the possible impact of this deal on the entertainment industry, and the ongoing political stalemate in Congress over the federal spending budget.
The Writers Guild strike has been ongoing for nearly 150 days, causing significant disruption in the entertainment industry. The tentative deal, which was reached after five days of intense negotiations, includes meaningful games and protections on all fronts. However, the specifics of the deal are still being worked out and have not been released yet. The deal will need to be approved by the union membership, and if it is, it could end one of the longest strikes in entertainment history [Transcript].
The potential agreement between Hollywood's major media companies and The Writers Guild could have a significant impact on the entertainment industry. However, the deal is still in its early stages and has not been released yet. The final contract language will need to be worked out before it can be voted on by the Writers Guild's West Coast board and the East Coast Council. If the deal is approved, it could also affect the actors' strike and potentially lead to discussions on a new deal for the SAG [Transcript].
On Capitol Hill, House Republicans remain divided over the federal spending budget. If Congress cannot reach an agreement on government spending by the end of the week, the government could shut down. This could impact everything from food safety to cancer research to Head Start programs for children. Financial experts fear that a government shutdown could strike a blow to an already fragile economy [Transcript].
The transcript also mentions the indictment of Senator Bob Menendez, who is set to hold a press conference later to address the bribery charges against him. The transcript ends with a discussion of the potential impact of the remnants of Tropical Storm Ophelia on the East Coast, including heavy rain and flooding [Transcript].
1. Major media companies and The Writers Guild have reached a tentative agreement that could end the months-long Riders strike.
2. The deal comes after five straight days of negotiations involving major industry executives.
3. If the union membership votes to approve the deal, it will end one of the longest walkouts in entertainment history.
4. Thousands of screenwriters first hit the picket lines nearly 150 days ago after contract negotiations with the studios failed.
5. The final contract details will be drafted once the deal is finalized and will then be presented to the membership for discussion and voting.
6. The talk shows are likely to be the first productions to get quickly started after the possible agreement is reached.
7. Other productions are expected to take a little time to get started.
8. The government shutdown could impact everything from food safety to cancer research to Head Start programs for children.
9. If Congress can't reach a deal by the end of the week, the government will shut down on October 1st.
10. House Speaker Kevin McCarthy is considering a 45-day extension of federal spending but not all House GOP members are on board.
11. Senate Majority Leader Chuck Schumer is preparing for a temporary funding measure as House Republicans scramble for a last-minute deal.
12. Senate Republicans are also preparing for a temporary funding measure as House Republicans scramble for a last-minute deal.
13. There are a handful of Republicans on the rightmost flank on the Senate side who have tried in the past to give their house counterparts some leverage.
14. The UAW says it is closer to a new contract with Ford than it is with the other two automakers.
15. The union writing in part quote our pressure on Ford is starting to pay off.
16. The union has now expanded its strike to All Parts distribution facilities for General Motors and Stalantis.
17. President Biden says tomorrow he will join the picket line in Michigan and on Wednesday former president Donald Trump is expected to speak to workers in this state.
18. A new NBC News poll shows major concerns for both President Biden and Republican FrontRunner former president Trump.
19. According to the poll three quarters of Voters say they are concerned about President Biden's age and mental illness Fitness.
20. The favorable rating for Trump is at 35.
21. The general election is deadlocked at 46 each for Joe Biden and Donald Trump.
22. Against Ron DeSantis, President Biden has a one-point lead.
23. Against Nikki Haley, the former United Nations Ambassador and former governor of Georgia, President Biden has a five-point lead.
24. The remnants of Ophelia continue to hit the Northeast with soggy weather.
25. Heavy rain and breezy conditions are expected throughout the day.
26. There is a chance for some heavy rain with a front draped over the area.
27. A Sea Breeze is increasing the moisture from the Gulf to the Caribbean and rainfall rates of two to three inches per hour are expected.
28. There is a flood risk with all that rainfall expected throughout the next couple of days.
29. An atmospheric River is causing rain to fall right now in the West, with some really gusty winds and heavy rain.
30. The rain is falling because of an atmospheric River, a big area of low pressure that is picking up the moisture and dropping it into the Pacific Northwest.