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The Fox News Rundown

‘So Many Loopholes. . .It’ll Give You Whiplash’: Rep. Mace Talks Voting ‘No’ On Debt Ceiling Bill

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 5 June 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

After weeks of debate between House Speaker Kevin McCarthy and President Joe Biden, the two leaders have reached a consensus on the debt ceiling deal — with the President officially signing it into law over the weekend. The deal left both Democrats and Republicans feeling a mix of emotions, but outside of Washington, many are asking if it will serve the American people. Though every leader on Capitol Hill may respond differently, South Carolina Congresswoman Nancy Mace believes the answer is no. Rep. Mace joins the Rundown to explain why she believes “Republicans got nothing” in the debt ceiling deal and how it may cause higher inflation and continued excess spending out of the White House. She also discusses the current investigation into the Biden family’s business dealings and why she believes the FBI & DOJ need to do their job to investigate instead of ‘stonewalling’ the House Oversight Committee’s attempt to get to the truth. Artificial intelligence continues to rapidly expand, as many are eager to innovate fast and claim the next big breakthrough. A recent incident sparked international media attention after a U.S. Air Force Colonel discussed a ” thought experiment” about an AI military drone disregarding orders and killing its own human operator. Officials were quick to clarify that this scenario of a rogue AI drone was hypothetical, but it has reignited fears that the technology is developing too quickly and, due to its potential threat to humanity, must be regulated. Congressman and Marine Corps veteran Seth Moulton (D-MA) joins the Rundown for a discussion about how AI could become a vital tool of the United States military in the future, the danger of America’s adversaries getting ahold of the technology first, and the proposed fiscal year 2024 military budget. Plus, commentary from Outkick’s Tomi Lahren. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm Shannon Bream.

0:01.0

I'm Bill Hemmer.

0:02.0

I'm Kennedy, and this is The Fox News rundown.

0:08.0

Monday, June 5, 2023, on my commandeal, after months of President Biden saying he would

0:13.2

not negotiate on a deal to raise the government's credit limit, he ultimately agreed to a bipartisan

0:18.6

compromise with Republican House Speaker Kevin McCarthy.

0:22.4

But for different reasons, there is unhappiness from both liberals and conservatives.

0:27.0

The reason that we have $32 trillion in debt is because both parties have added to that

0:31.8

debt, and both parties last week are leading us off a cliff that's just unaffordable and

0:36.7

unattentable.

0:37.7

I'm Jessica Brosenthal, even with calls to pause the development of artificial intelligence,

0:43.7

some say it's too late.

0:44.7

China is moving ahead, and that AI is too valuable, especially within our military.

0:49.9

We need to accelerate our development of AI to get out ahead, to get ahead of our

0:54.0

adversaries so we're in a better position with more leverage to actually implement its

0:58.9

use.

0:59.9

And I'm Tommy Laren.

1:00.9

I've got the final word on the Fox News rundown.

1:07.9

Congress avoided economic disaster for the country by passing a compromised debt package,

1:13.3

extending the government's ability to borrow money until January 2025.

1:18.6

It was a major test for House Speaker Kevin McCarthy, considering Republicans have a single

1:23.2

digit majority in the House and Democrats control the White House and the Senate.

...

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