apartheid state and stuck to the israel thing. i think if you refute them and just look at the numbers and say this is what s happening in israel and don t treat everything like she is coming out with an anti-semitic attack. refute her on policy. dana: graduation season gives you something to talk about. bill: hopefully not delivering an address at her high school. we ll see. dana: always good to see you. thank you so much. now that president biden has signed a debt ceiling deal lifting the cap on how much money the government can spend a new report finds that government has wasted nearly $3 trillion in taxpayer money since 2004. reporting for fox business live on capitol hill. the new report coming from open the books.com finding that $2.9 trillion has been wasted in government funds since 2004. we re talking about improper payments. essentially government payments
trillion since before the pandemic. so that shows you that people didn t spend on their credit cards, didn t take on a bunch of new debt in the covid pandemic emergency and now they are. and here are the categories, poppy. mortgage debt is the biggest part of our debt. student debt, this has been a pause on student loans. so watch this space when kids have to start adults have to start paying their student loan debt. auto loans, the weak spot i saw in here, auto loans people under 40 are rising. because of higher prices because of inflation territory car and higher interest rates, the average auto loan is $700 a month. that s a problem for people in the younger age of the spectrum here. credit cards, $986 billion, knocking on the door of trillion dollars in credit card debt. with all these higher interest rates, if you re keeping your credit card debt, on there, not paying it, 54% pay in full every
The US House of Representatives passed the Limit, Save, Grow Act, which would raise the national borrowing limit but with drastic spending cuts. However, the bill will not become law as it is opposed by the Democratic-led Senate. This legislation is a political maneuvering that impacts the economy, federal debt, budget deficit, and fiscal responsibility, and could potentially lead to a financial crisis, government shutdown, and financial instability.
$93 trillion. the far left congresswoman alexandria ocasio-cortez has reintroduced her original 14 pages aiming to create millions of green jobs to save the planet. they put the price tag at a whopping $92.9 trillion. basically 93. aoc defending the cost even as she also admits that s a lot of money. it is important to acknowledge that the scale and scope of what we are proposing is massive. but the scale and scope of the climate crisis is even bigger. and if we are not pro-active, then the costs of not addressing it are going to be far greater. harris: is she a scientist? no. pete hegseth fox & friends weekend co-host. if you spend our money let s get all the scientists and everybody
incurred with future spending changes. they want to marry those two things together. some of them specifically have called for changes to social security. for example, things like raising the age to receive full social security. and i thought it was interesting, there was a recent cbo report that projected part of the funding for social security will be totally gone in ten years. do republicans pushing for changes to social security have a point? they do not. and here is why. this is how much social security adds to our national deficit. zero, nothing! social security is not debt financed. in fact, by law, you cannot use debt spending to fund social security. and, in fact, we currently have over $2.9 trillion surplus. so, do we need to think about how to make social security as strong and as viable for future