Failing to Protect Our Future - May 22nd, Hour 2
The Sean Hannity Show
Sean Hannity
4.0 • 9.9K Ratings
🗓️ 22 May 2023
⏱️ 32 minutes
🧾️ Download transcript
Summary
Steve Moore, economist and author of “Trumponomics: Inside the America First Plan to Revive Our Economy” and EJ Antoni, Research Fellow, Regional Economics, Center for Data Analysis discuss the debt ceiling and the potential default for our nation in the hands of the Biden administration.
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Transcript
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| 0:00.0 | right hour two Sean Hannity show eight hundred nine four one Sean if you want to be a part of the program eleven days left |
| 0:07.0 | until we heat we hit what is being called by Janet Yellen the drop dead date on the debt ceiling |
| 0:15.0 | only twenty four percent according to the eight p say that the Biden economy is good |
| 0:21.0 | the house of course you know we went through the the timeline the many times opportunities |
| 0:28.0 | Kevin McCarthy reaching out begging pleading with Joe Biden to to meet with him to discuss the |
| 0:34.8 | debt ceiling ninety seven straight days Joe Biden was missing in action you know now he has to |
| 0:40.0 | end the g seven early and and some of his foreign travels early I'm sure it's just it's just an excuse |
| 0:46.0 | excuse to deal with the debt ceiling this country has never had a default if there is a default |
| 0:52.0 | it'll be the Biden default you know the current size of the national debt is thirty one trillion |
| 0:58.0 | dollars and sixty percent of Americans believe that spending constraints have got to be a part of |
| 1:05.0 | raising the debt limit and this is simple simple stuff here you know the Democrats say just just |
| 1:11.0 | just raise it while the Republicans want to put in spending restraints anyway Steve Moore is |
| 1:17.0 | with us economists author the best seller Trumponomics and each a and Tony is with us research |
| 1:24.0 | fellow regional economic center for data analysis so with eleven days to go now it's you know |
| 1:31.0 | power panic politics and in a lot of ways I would argue Steve Moore that you know Kevin McCarthy |
| 1:37.0 | is played this masterfully he asked pretty much on a daily basis for Joe Biden to meet with |
| 1:43.0 | him Joe Biden said no negotiations no we won't meet waited ninety seven days I think he took the |
| 1:50.0 | bet that Republicans would not unite in the house with the debt ceiling increase that was this |
| 1:54.0 | responsible that simply takes us back to twenty twenty two spending levels which is COVID |
| 2:00.0 | error spending levels and reduces the baseline budgeting number to only increasing the numbers one |
| 2:07.0 | percent a year which is fiscally responsible and allows for some you know more energy production |
| 2:13.0 | nationwide to me it's it's pretty basic pretty fundamental pretty simple and a few worker |
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