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The Sean Hannity Show

Congressman Andy Ogles - May 9th, Hour 3

The Sean Hannity Show

Sean Hannity

Politics, Daily News, News, News Commentary

4.09.9K Ratings

🗓️ 10 May 2023

⏱️ 33 minutes

🧾️ Download transcript

Summary

Congressman Andy Ogles (R-TN), a Member of the House Financial Services Committee joins us today to give an update on the debt ceiling and the latest spending fight with the Biden administration, as McCarthy and Biden have plans this week to negotiate the debt limit

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Transcript

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0:00.0

stay right here for our final news round up and information overload.

0:04.7

All right, news round up information overload, our toll free art numbers eight hundred nine four one Sean,

0:09.9

if you want to be a part of the program, one of Biden's top economic advisors,

0:15.7

you know, as you know, Janet Yellen has said that the debt ceiling is ready to expire.

0:21.9

In other words, that we will no longer have money to pay our debts,

0:27.6

which means America would officially be in default.

0:30.7

Um, anyway, so Kevin McCarthy met with Joe Biden about a hundred days ago.

0:36.9

Joe Biden promised that he would, you know, continue the conversation with him.

0:41.5

It's a hundred days later and they're saying that there's no plan

0:45.6

beyond the debt ceiling.

0:46.8

Oh, really?

0:47.4

Well, if they wanted to fault now, the Republicans in the interim,

0:50.6

because Joe Biden said there would be no negotiation.

0:53.8

Joe Biden refused to meet with Kevin McCarthy.

0:57.0

House Republicans had no choice.

0:58.6

And what they did is something that I think is a really sound economic plan for the country.

1:04.6

We can't continue to borrow money.

1:07.0

It's basically rob our kids and grandkids of their future.

1:11.1

So they just returned spending levels to 2022 levels.

1:16.0

That is not a big sacrifice.

1:18.4

They reduced the rate of growth moving forward.

1:20.9

In other words, baseline budgeting often allows for six, seven, eight, 10% increases

...

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