4.9 • 720 Ratings
🗓️ 10 February 2023
⏱️ 15 minutes
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0:00.0 | Well, you know, the president is asking for a clean debt ceiling bill, and I'm asking for a dirty one. |
0:08.2 | I'm Scott Ott with Bill Whittle and Stephen Green, and this episode of Right Angle is brought to you by the members of Bill Whittle.com. |
0:13.9 | And gentlemen, it struck me that the president is using the term clean, almost in a rich, ironic sort of way. |
0:24.5 | He's very clever like that, Scott. |
0:27.2 | That's right. |
0:28.9 | What could be less clean than passing on 31 point something on trillion dollars to your grandchildren. |
0:38.3 | That just seems like a dirty deed done dirt expensive. |
0:42.3 | And this is what the Republicans are pushing back on this. |
0:47.3 | And Kevin McCarthy, the Speaker of the House, to his credit, is saying that he doesn't want to do that. |
0:53.3 | However, I don't really see a path forward where he gets what he wants. |
1:00.0 | And here's why. |
1:02.0 | There's an organization called the Committee for a Responsible Federal Budget |
1:05.0 | that estimates that balancing the federal budget, |
1:09.0 | spending and revenues over the next 10 years without a tax hike |
1:14.2 | would require a 25% cut in spending. Now, hold your horses there for a second because that's |
1:21.2 | not the final number. And let me remind you that under the deal that Kevin McCarthy allegedly |
1:26.2 | struck with the recalcitrant Republicans to become Speaker of the House, part of the deal that Kevin McCarthy allegedly struck with the recalcitrant Republicans |
1:28.2 | to become Speaker of the House, part of the deal was that the Republicans must produce a budget |
1:33.7 | resolution that would produce a balanced budget within 10 years. And so here's the kicker. Stephen |
1:40.6 | Green, without cuts to Social Security or Medicare, which Kevin McCarthy opposes anyway, |
1:47.5 | and without a tax hike, spending would have to be cut 85% in all other categories in order to balance the budget in 10 years. |
2:05.2 | Under those circumstances, it's almost possible to understand why Joe Biden is asking for a so-called clean debt ceiling bill because he's looking |
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