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The Ben Ferguson Podcast

CONGRESS & BIDEN score a massive victory to BANKRUPT AMERICA on purpose! With Congress Giving Final Approval To $2.5 Trillion Debt Ceiling Increase!

The Ben Ferguson Podcast

iHeartPodcasts

News Commentary, News, Politics

4.85.4K Ratings

🗓️ 16 December 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

America is going bankrupt. America isn't a financial crisis and this is me

0:06.2

Sounding the alarm. It is happening and it's real and you need to understand what's happening in this country and what you're gonna be left with what your kids are gonna be left with

0:15.5

This is all because of the insane out of control spending by the Biden administration

0:20.7

The Biden administration is celebrating right now as Congress has given the final approval to the 2.5 trillion dollar debt ceiling increase

0:30.9

this as inflation is eating away at the value of the US dollar

0:37.1

Did you know that you're making about 7% less right now than you did last year even if you have the same amount of money going into your bank account because your buying power has

0:45.4

Disappeared by 6.8% you've taken a 6.8% pay cut year over year if you were making 50 grand last year

0:53.4

You're really now making 44 grand because the buying power of the dollar has disappeared

1:00.9

now

1:02.3

Congress has approved this 2.5 trillion dollar debt ceiling increase ending months of debate

1:07.9

Between Democrats and Republicans who claim they were leading on this issue they weren't their cowards

1:12.8

In 2019 just so you know Congress suspended the debt ceiling which prevents the federal government from assuming a certain level of national debt

1:22.5

They did this until August 2021 which means that everything has gone through the roof

1:27.8

Spending that is government spending is totally out of control

1:30.9

We are going to go bankrupt

1:32.4

We are gonna have a massive financial crisis in this country and it's going to be a blood bath when it happens

1:37.9

People are going to lose their homes you think 2008 was bad you've seen nothing yet now an attempt to make Democrats

1:44.5

And act a permanent solution on their on their own by the end of the year Senate Minority Leader Mitch McConnell who's a scumbag

1:51.1

gave Democrats a short-term deal in October to suspend the debt ceiling again

1:56.3

Fast forward and now in a party line vote this morning lawmakers settled upon

2:01.2

Unagreement that will fund the government through the

2:03.9

2022 midterm elections meaning no one's gonna be held accountable for what they have just done in the next election cycle

...

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