From Washington: The Debt Dilemma

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.4 • 1.7K Ratings

🗓️ 29 January 2023

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

The 31 trillion dollar debt limit was hit earlier this month, and Congress and the White House barrel closer to a fiscal showdown coming this spring. Republican legislatures want significant spending cuts and budget reforms, while Democrats push for spending that was already approved. The Problem Solvers Caucus is seeking a bipartisan solution and is proposing a change in the way the debt limit is measured. GOP Co-Chair of the Problem Solvers Caucus Rep. Brian Fitzpatrick (PA-01) explains the proposal and reveals whether he thinks it can win bipartisan support. How much COVID-19 fraud has actually been committed? The United States government has been aggressive in pursuing charges against Americans that they believe committed fraud by exploiting pandemic relief. Partner at the Arnold & Porter law firm Jonathan Green and former House Ways and Means Committee and Chief Oversight Counsel Mark Epley weigh in on what they're seeing as their firm tracks fraud cases, questions the government's decision-making abilities in administering such relief programs, and share what they think will come out of government oversight hearings. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	20th century studios presents a hunting in Venice only in cinemas
0:05.4	Somebody that's been mad on a ghost killed her
0:08.3	Kenneth Branagh. Don't must be rational. That's a fault of this.
0:11.0	She need donate Tina Fey. Don't look at me like I'm a suspect.
0:14.5	Kelly Riley Michelle. You don't believe in ghosts? No one shall leave until I find if the
0:19.8	living have been killed by the dead. A hunting in Venice directed by Kenneth Branagh only in
0:24.8	cinemas September 15th. Book tickets now.
0:30.0	Sunday, January 29th, 2023. I'm Jared Halpern.
0:39.5	Is it time to rethink the debt limit? A group of bipartisan lawmakers have an idea.
0:45.5	Hey, the question should be what's the alternative?
0:48.0	Are we just going to have a clean debt limit increase and why even have a debt ceiling?
0:51.5	I'm Jessica Rosenthal. Massive amounts of taxpayer dollars vanished over the course of the pandemic
0:57.0	due to fraud. Now a Republican majority congress says they're committed to investigating
1:01.2	how that happened and how to prevent it in the future.
1:03.9	You can do something faster. You can do it perfectly, but you can't have both.
1:07.4	This is the Fox News rundown from Washington.
1:21.3	Is it time to rethink the US debt limit?
1:24.8	It's a question being asked and considered as Congress and the White House barrel closer
1:29.6	to a fiscal showdown this spring with the full faith and credit of the United States government
1:35.2	on the line. The more than $31 trillion debt limit was actually hit earlier this month.
1:40.8	The Treasury is doing what it often does when that happens, taking extraordinary measures,
1:45.9	as they call it, like reducing and suspending contributions to retirement accounts.
	...

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