MIKE JOHNSON'S 1,547-PAGE CHRISTMAS GIFT
The Great America Show
Fawcett Strategies
4.7 • 1.8K Ratings
🗓️ 19 December 2024
⏱️ 52 minutes
🧾️ Download transcript
Summary
Just in time for Christmas, Speaker Mike Johnson is back with another surprise — a 1,547-page continuing resolution worth $110 billion. The bill of course provides not a dollar to border security and is just another woke slush fund for the democrats. The bill also manages to give members of the house a 20% raise, to account for a living reimbursement. What about the average American, what kind of raise are they getting? A raise in inflation, a raise in household debt, a raise in credit card debt — that’s the raise Congress wants to hand us, the American People.
Guest: John Lonski - Economist, CEO of The Lonski Group
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Transcript
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| 0:33.6 | Hello everybody and welcome to the Great America Show. It's great to have you with us. Thanks so |
| 0:37.3 | much for joining us today. |
| 0:38.7 | Well, Speaker Mike Johnson is at it again. |
| 0:41.7 | He wants to spend more money. |
| 0:43.4 | President Trump's set to take office in just over a month. |
| 0:46.4 | But Mike Johnson wants to pass through a continuing resolution that will fund the government through mid-March. |
| 0:52.7 | Now, I can understand if Mike Johnson wants to pass a CR that'll, you know, just fund the bare necessities of the government. |
| 0:59.0 | But that's not the only thing Mike Johnson wants to fund. |
| 1:02.8 | Mike Johnson wants to give Congress a raise, a $34,000 reimbursement raise, putting that in that, |
| 1:08.0 | that amount well over $200,000 a year because they're the last people |
| 1:11.7 | who deserve a raise in this country, folks. |
| 1:13.8 | After all, that we've been through as a nation, they're the ones who are getting a raise. |
| 1:18.0 | I think it's absolutely despicable. |
| 1:20.2 | Jerome Powell also playing politics announcing there won't be that many rate cuts coming into |
| 1:25.0 | the new year, which sent the markets tumbling, the Dow 10th consecutive |
| 1:29.1 | day down the first time since 1974. So what trajectory is this country on right now? Is this |
| 1:36.5 | only a one-day issue? Is it a one-week issue? Or is this something that's going to spiral into, |
| 1:40.8 | hopefully not, but a recession? Our guest today is John Lonski. He's the CEO of the |
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