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The Fox News Rundown

GOP Senator Warns A "Debt Bomb" Is In America’s Future

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 11 October 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

Last week, as the deadline for the debt ceiling approached, Senate Minority Leader Mitch McConnell (R-KY) made a deal with Democrats and delivered 11 Senate Republican votes to pass a short-term debt limit extension. Many are looking to this new December deadline for raising the debt limit as a major obstacle the government will soon face in the future, as Senator McConnell and the Republicans have vowed not to help raise the debt limit again. Republican Senator Ron Johnson (R-WI) joins to discuss what he calls the brinkmanship of the Democratic party and his assertion that the GOP is trying to hold the Democrats accountable for deficit spending. Later he addresses the uncertainty of a bipartisan infrastructure bill and the bipartisan consensus among lawmakers in Washington that Facebook has problems that must be addressed. Have you ever wondered where the origin of some of our present-day laws came from? Co-host of Outnumbered on the FOX News Channel and FOX Nation host Emily Compagno is back with season two of her FOX Nation series Crimes That Changed America. This season she investigates infamous cases in American history that shaped the legislation that we now have in our country today. Emily joins to talk about some of those crimes in her Fox Nation show. Plus, commentary by writer and comedian Joe Machi. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's time to take the quiz.

0:01.7

Five questions, five minutes a day, five days a week.

0:04.3

Take the quiz every weekday at the Quiz dot Fox

0:07.3

and then listen to the Quiz podcast to find out how you did.

0:10.2

Clay, share, and of course listen listen to the quiz at the quiz.

0:14.0

I'm Tyris.

0:15.0

I'm Liz Klayman.

0:17.0

I'm Greg Jarrett, and this is the Fox News rundown.

0:20.0

Monday, October 11th, 2021.

0:25.0

I'm Mike Emanuel. Senate Republicans accepted a deal to extend the government's ability

0:31.0

to borrow more money until early December.

0:34.4

That means the fight over runaway debt and massive spending is merely on hold.

0:40.1

How about members of Congress being concerned about this?

0:43.2

Right now it's just everybody's whistling past the graveyard, Mike, but the debt

0:47.2

bomb's going to go off and it's not going to be pretty when it does.

0:50.0

We speak with Wisconsin Republican Senator Ron Johnson who is predicting a big debt problem

0:55.8

is on the way.

0:57.7

I'm Chris Foster.

0:58.8

Crimes that Changed America.

1:00.2

Season 2 of the Fox Nation streaming series is out now hosted by Emily Campagna.

1:04.0

A lot of crimes sure are well known, but what might not be well known are laws that we have that we sort

1:09.7

of take for granted in present day that we don't know that the origin of that law came from a crime.

...

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