The Rich Zeoli Show- Hour 3:

• Dr. EJ Antoni—Economist & Research Fellow in The Heritage Foundation’s Grover M. Hermann Center for the Federal Budget—joins The Rich Zeoli Show for The Drive at 5. Dr. Antoni reacts to Treasury Secretary Janet Yellen claiming that the U.S. can easily afford to fund wars in Ukraine and the Middle East. How is that possible when our country’s annual budget remains imbalanced, and the current national debt exceeds $33 trillion? You can read Dr. Antoni’s most recent commentary in the Telegraph Herald, “Worsening Economy Pushes Consumers Near the Breaking Point,” here: https://www.telegraphherald.com/news/opinion/article_49736bc5-9bd4-5b20-82b0-1cd8a5c2eeb0.html
• Rich has a highly respected economist in-studio and decides to ask him if Treasury Secretary Janet Yellen sounds like Buffalo Bill from Silence of the Lambs!
• In a House of Representatives Committee on Oversight and Accountability hearing, University of Chicago Professor, and Economist, Casey Mulligan revealed that government regulations are costing American households massive amounts of money. Mulligan explains: “The most notorious cost of regulation is the paperwork, sometimes known as ‘red tape.’ The federal executive branch alone issues thousands of new regulations each year that add to the 200,000 pages of federal rules already in place. One finding is that the rules finalized by the Biden Administration through the end of 2022 impose costs of nearly $10,000 per household, which is $1,300 more than the burden of the Obama Administration rules during the comparable timeframe.” You can read more here: https://oversight.house.gov/release/hearing-wrap-up-the-biden-administrations-regulatory-blitz-jeopardizes-americas-economy%EF%BF%BC/