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The Fox News Rundown

Will The Democrats' Divide Be Their Downfall?

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 12 October 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

President Biden's agenda is in the hands of his own party, as Democrats try to find common ground on the $3.5-trillion spending bill. Progressives say they won't pass the smaller $1-trillion bipartisan infrastructure bill without getting the reconciliation bill passed too. Moderate Senators Joe Manchin (D-WV) and Kyrsten Sinema (D-AZ) have made it clear they won't back the multi-trillion spending bill and that the number must come down before they support the plan. So how much lower should the bill go? Anchor and Executive Editor of Special Report on the Fox News Channel, Bret Baier weighs in on the Democrats' infighting when it comes to passing the two spending bill, President Biden's low poll numbers and how all of this will impact the 2022 midterms. Plus, Bret talks about his new book To Rescue the Republic: Ulysses S. Grant, the Fragile Union, and the Crisis of 1876. Oil prices have reached their highest level in seven years, with supply shortages creating concern that this could foreshadow a natural gas shortage as we approach the winter. Senior Market Analyst at The Price Futures Group and Fox Business Contributor Phil Flynn joins to break down this surge in oil prices, the supply issues creating this recent high demand, why stopping oil export from the U.S. could negatively impact our economy and how economic turbulence in the U.S. has often been tied to price spikes in gas and oil. Later, Head of Petroleum Analysis at GasBuddy.com, Patrick De Haan joins to explain how gas prices went from easing up to rising again and why the strategic petroleum reserve may not be able to help the nation now. Plus, commentary by Guy Benson, host of The Guy Benson Show. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi all how we doing afternoon afternoon let's get this meeting meeting meeting

0:06.0

started

0:07.0

when everyone's home erepte work mode

0:12.0

when everyone's home ee work mode prioritizes your broadband for working from home, with faster speeds in more places than anyone else.

0:18.0

So, yeah, yeah, I've got you loud and clear, clear is about.

0:21.0

This is broadband made for working from home.

0:24.0

Search EE broadband powered by BT.

0:26.7

Work mode with EE Smart Hub Plus to verify the EE.

0:28.9

C EE. C EE. Kagani. I'm Harris Faulkner.

0:32.2

I'm Brian Kilmeade and this is the Fox News

0:35.2

rundown Tuesday October 12th 2021 I'm Jessica Rosenthal.

0:44.0

How much will Congress vote to spend, and will massive spending have any impact on the president

0:49.4

sinking poll numbers or upcoming elections, including next year's midterms.

0:54.0

It's not lining up that something massive like 3.5 or even 2.5 is going to satisfy the moderates in that caucus.

1:06.0

I'm Dave Anthony.

1:08.0

We're paying for it at the pump now and when we heat our homes later,

1:12.0

oil and gas prices are at seven-year highs.

1:16.0

Almost every major recession this country has ever had was preceded by a spike in the price of oil and gasoline prices.

1:26.1

And I'm Guy Benson.

1:27.1

I've got the final word on the Fox News rundown. Some of the more progressive Democrats have said they won't pass the smaller

1:39.8

infrastructure bill without getting the larger spending bill through first or at the same time.

1:45.6

But before they even get to that point, the Democrats are still trying to figure out just

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