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The Drill Down with Peter Schweizer

Biden's Social Security Lie and The Nations Debt Crisis

The Drill Down with Peter Schweizer

Government Accountability Institute

News Commentary, News, Daily News, Politics

4.9627 Ratings

🗓️ 14 February 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

There’s a huge balloon floating over the nation. Everyone wants it gone, and we all worry what it might do to us. It’s the national debt, currently about $30 trillion dollars. Your hosts Peter Schweizer and Eric Eggers tackle ways Congress might start to reduce the federal debt, much of which is the fault of spending on programs such as Medicare and Social Security, on the Drill Down with Peter Schweizer.”

Transcript

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0:00.0

Research that resonates.

0:05.8

Schweitzer has not been wrong on any of his years and years of reporting on the Biden's.

0:12.4

Investigations that matter.

0:14.4

If your last name wasn't Biden, do you think you would have been asked to be on the board of Burisma?

0:19.0

I don't know. I don't know. Probably not. But that's, you know, I don't think that there's a lot of things that would have happened in my life that if my last name wasn't fired. The only entities, the only people that would report on this, and Peter Schweizer, who deserves a medal of freedom in my view. This is The Drill Down with Peter Schweitzer. Hi, this is Peter Schweitzer and welcome to the

0:40.8

Drill Down, where we relentlessly exposed cronyism, corruption, and the abuse of power in Washington,

0:46.8

D.C. sitting next to me is Eric Eggers, the co-pilot on this program. So, Eric, I'm thinking about

0:53.0

having some work done to my house. What's the

0:57.4

secret to picking a good contractor? There's several things, but I would encourage you to do it because

1:02.9

I've never felt manlier than when I paid someone else to do construction work. It's very

1:08.6

rewarding. It's a very, very fulfilling experience. No, but I think the key to a good contractor is you want to make sure that they get the work that they said they're going to get done on time. And then the real key here is making sure they come in at or under budget. Ah, at or under budget. And that's probably not always an easy thing to do, but you can hold them into account, right? If the contractor says it's going to be $4,000 and they charge $8,000, right?

1:32.1

Not in my experience. No. They're like, hey, we're going to do this extra thing that you don't have any control over it and it's going to cost you this much money and that's just the way it's to be. And you're like, okay. Well, we are going to talk about the federal government today as a really

1:44.8

lousy contractor.

1:46.5

They don't get the job done and they overcharge, right?

1:49.7

And they're overrun with immigrants.

1:52.5

They don't know who's that word permits. Is that what you say?

1:55.4

But we think about this in the context of the massive debate that's taking place right now about Social Security,

2:01.9

the future of Social Security, the national debt.

2:05.6

And Joe Biden has had contradictory things to say about this during his long,

2:10.3

illustrious career in politics.

2:13.3

Last week, he did his best to scare old people to say that Social Security is going to go away.

2:19.7

This is what he said during the State of the Union address.

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