Live—from the campus of Hillsdale College in beautiful Hillsdale Michigan— this is Scot Bertram in for Steve on the Steve Gruber Show for
–Thursday, June 2nd 2023—
—Here are 3 big things you need to know—
One — The Senate has passed a bill that would suspend the nation's debt ceiling for two years. Lawmakers voted on the measure Thursday as the deadline to avoid a potential default was just days away. The vote was 63-to-36, with the bill now heading to President Biden's desk. Biden said he would be signing the bill into law as soon as possible, and addressing the American people directly on Friday.
Two— Ford Motor Company executive chairman Bill Ford Jr. says the U.S. is slow to adapt to electric vehicle technology. He says EVs are quickly becoming normal elsewhere in the world. Ford says one reason the U.S. hasn't gotten on board as quickly as Europe is gas prices in this country remain cheaper than most of the rest of the world.