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The Drill Down with Peter Schweizer

Big Government Keeps Shattering The Debt Ceiling

The Drill Down with Peter Schweizer

Government Accountability Institute

News Commentary, News, Daily News, Politics

4.9627 Ratings

🗓️ 24 January 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

The federal debt ceiling needs to be raised. Again. The White House says it won’t negotiate with Congress over raising the amount of money the US government can borrow, and Congress has not passed a normal budget since 1996. Peter and Eric welcome financial commentator and investment manager David Bahnsen to talk about big debt, big government, big mistakes, and why he believes there is still hope.

Transcript

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0:00.0

Research that resonates.

0:05.7

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

0:40.3

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

0:46.2

D.C. joining me as always is the co-pilot of this program, Eric Eggers, although I will add

0:51.9

he's usually sitting by my side, but I am at a remote location

0:56.2

today. Eric, always great to see you. Thanks, thanks for joining us, as always. We're going to talk

1:02.7

today about the debt ceiling. And I know that you have a young, active family. You've got four

1:10.5

children at home.

1:11.4

So, you know, when you guys have budgetary issues at home, how do you resolve them?

1:16.5

You went in a different way than I thought you were going to go.

1:18.7

I thought you were like, Eric, you're broke.

1:20.6

Like, I know you've got like mountains of debt.

1:23.3

So, I mean, it's ironic we're actually going to have a guest on today because I could

1:26.6

just wax expertly about spending more than you bring in.

1:31.4

No, it's a, it's a challenge.

1:35.1

But it is crazy.

1:36.4

I'm excited for the, for the guests that we'll talk about because this is, you know, I think this issue, as much as anything else, underscores the main premise that we talk about

1:46.8

on this program and that we explore at the Government Accountability Institute. Because for anybody

1:51.4

that thinks that bipartisanship in Washington, D.C. doesn't exist. All you need to do is look at

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