what the president has done, what the president has done and you have heard us talk about it. i just talked about this. the fact is former president signed $8 trillion in spending into law. most of that short term covid emergency spending. the last four administrations, republican and democrat added $28 trillion to the federal debt. president biden has done nothing to stop the spending splurge. in fact he has asked for more money from congress. house speaker telling fox business it has to stop. we have to limit discretionary spending. as you know, it s been widely reported we passed $34 trillion in debt today. we take this very seriously in the house republican conference. when lawmakers come back to washington they have less than two weeks to come up with spending bills to fund the government. republicans want to cut spending. democrats want to keep the spending and add taxes to off set that. bill: see how it plays in an
powerful position right now. you talked about the democrats. let s talk about the republicans. let s play a bit of what then president trump said on the national debt almost five years ago. the economy, we can go a lot higher and, you know, people don t talk, we have 21 trillion in debt. when this really kicks in we ll start paying off that debt like it s water. we will start paying that debt down. you know, congressman, former president trump, then president trump promised to pay down the debt. he never did it. in fact, under president trump it climbed from about $20 trillion to about 28 trillion, now stands at about 31 trillion. doesn t your party and former president trump have a credibility problem when it comes to this issue of the national debt? we re all at blame, jim. you know, i voted against under trump and i voted against the budgets, actually, under him. i have a record a track record of that, you know?
trillion to about $28 trillion. it now stands at about $31 trillion. doesn t your party and former president trump have a credibility problem when it comes to this issue of the national debt? we re all at blame. i voted against under trump and i voted against the budgets, actually under him. i have a record, a track record of that. some people have the mentality, just paying the interest. i don t. you know, we re tennessee. we pay our debt. we re state. the budget every year. now we thought so much of it that they put it in the constitution that you have to balance the budget. it is a reality that both parties, they call it one thing or the other. they say the sacred cows. and i don t find any sacred cows. i would like to see some cuts at the pentagon.
the reporting also shows emails exchanged between the union, cdc, and white house about coordinating press announcements about school reopening. now, critics like conservative watchdog group americans for public trust say the communication show the biden administration and the union put politics over science and the well-being of children who suffered learning loss during school closures. in fact, harris, the largest declines in math scores for fourth and eighth grades have now been measured since the assessment started back in 1990, that s according to government data, and according to a stanford economist, learning losses could shave as much as 5% or more, that s equal to $70,000 off of lifetime earnings for children who were in school during the pandemic. those losses could total over $28 trillion over the rest of the century. and now a lawyer for weingarten sent a letter to the
that is so foolish and so dangerous to this country. and you were in the congress. it s what we ve already spent. so the question is, are we a country that pays its bills. the answer has to be yes, of course. so remember when donald trump said, look, i m going to pay off the federal debt in eight years. that s just a fact, he said. it s now $20 trillion, we re going to pay it off in eight years. well, in four years he left and it went from $20 trillion to $28 trillion, just like that. and you know what? all of those republicans that are telling us about what s going on there, you know, you ve done most of these interviews. all of them voted for all of this stuff. they voted for very big tax cut so that 50 corporations, by the way, made $50 billion among them and paid zero in taxes. but they get big corporate tax