Republicans Vote to Raise the Debt Ceiling. Democrats Drag Their Feet.

The Rich Zeoli Show

Audacy

News

4.9 • 1.6K Ratings

🗓️ 28 April 2023

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Rich Zeoli Show- Hour 3:

The Drive at 5: Dr. E.J. Antoni—Research Fellow for Regional Economics in the Center for Data Analysis at The Heritage Foundation—joins The Rich Zeoli Show to discuss Speaker of the House Kevin McCarthy and House Republicans passing a bill that would raise the nation’s debt ceiling while concurrently cutting long-term federal spending. However, President Joe Biden has already pledged to veto the bill. So, what will happen next?
Ben Zeisloft of The Daily Wire writes, “American economic growth slowed to a 1.1% annualized rate in the first quarter of 2023, marking a significant slowdown from previous quarters as various headwinds continue to slow recovery from the lockdown-induced recession.” You can read Zeisloft’s full article here: https://www.dailywire.com/news/american-economic-growth-slows-to-1-1-in-first-quarter
Last Thursday, SpaceX’s unmanned Starship rocket exploded several minutes after taking off from its South Padre Island, Texas launchpad. SpaceX touted the next-generation rocket as being “the world’s most powerful launch vehicle ever developed.” National Public Radio (NPR) is now complaining that Elon Musk’s private space technology company is environmentally problematic.
Jimmy Failla—stand-up comedian & Fox News Radio host—joins The Rich Zeoli Show from Washington D.C. where he is preparing for this year’s White House Correspondents’ Association Dinner. Failla also weighs-in on Tucker Carlson’s shocking firing, but even Fox News employees don’t know what really happened! You can hear The Best of Jimmy Failla every Saturday on 1210 WPHT—and make sure to get tickets for his Laughs & Liberty Tour with Kennedy!

Transcript

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0:00.0	W-P-H-D-W-P-H-D-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P-H-D-W-P
0:30.0	streaming live on YouTube for your entertainment and enjoyment. Welcome back to the show. Glad you're here today 855-839-1210 on Twitter at Rich.
0:40.3	The only thank you for being here today before I welcome our guests. I'd like to set this up with a couple of audio clips here.
0:47.5	I'm at the Sanis to set the stage for the discussion of the debt ceiling and where things are. Let's have speaker Kevin McCarthy saying that this
0:57.3	GOP debt-sealing bill is cut 17.
1:03.3	What this bill is, it's limit-save-grow. You want to limit the ability to government to grow so fast like it did on the Democrats going forward.
1:11.1	So we cap the growth at 1% each year for the next 10. We save money by being smart.
1:17.1	What we do is that money and billions of dollars sitting out there that COVID never spent just sitting there.
1:24.0	We claw that back so the American taxpayer can save the money. We put in work requirements to help people get jobs to move forward,
1:31.5	help our supply chain and get our country moving again. You know what else we do? By limiting the amount we spend,
1:38.9	we curve inflation that makes people stronger. Then we want to grow our economy. HR1, a lowering our energy cost,
1:46.6	we lower the energy cost for all Americans, but we also create more jobs.
1:51.2	We cut the red tape so we can build things to get in America. That's just a small sampling of what we do in this bill.
1:58.2	And we also cut 87,000 IRS agents, so government is here to help you, not go after you.
2:05.7	All right, let's bring on Dr. E.J. and Tony Research Fellow for Regional Economics and the Center for Data Analysis at the Heritage Foundation.
2:15.7	E.J., how are you today, buddy?
2:18.2	Rich, I am hanging in. How are you doing?
2:21.2	I'm doing great. It's rainy here, but other than that, it's Friday, it's a weekend, so I'm excited.
2:26.2	But let's talk about the economy for a moment because the Republicans passed this bill.
2:31.2	The Democrats are basically saying already now that it's dead and arrival. I saw one Democrat representative.
2:37.7	She said that this bill will leave everybody homeless and hungry.
2:42.7	My goodness, I would love to know what in this piece of legislation is going to evict anyone from their homes or take food out of their mouths.
	...

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