heritage foundation economist e.j. antoni and the host of the next revolution cj hilton, welcome, both. this is president biden we heard it a little earlier, a bit with kevin corke. it s important because it really kind of kicks off our talk here. watch. no losses will be born by the taxpayers. let me repeat that. no losses will be born by the taxpayers. instead, the money will come from the fees that banks pay into the deposit insurance fund. president says it s not a bailout. e.j., you say it is. explain that for us. oh, absolutely, trace. i mean, it s utter nonsense to think that the taxpayers are not going to be on the hook here. let s face facts. those fees that are charged to the banks for the federal deposit insurance corporation are simply passed onto the bank s customers, in other words, you still pay for those fees just indirectly. the idea that somehow we won t
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