real for biden. i m harris faulkner and you are in the faulkner focus. we begin with the nation s current tab. more than $31 trillion. the treasury department already said it is prepared to take extraordinary measures before our ability to borrow runs out. but even treasury can only help for so long. it is a number that is so huge that we only have until probably june until we default unless congress takes action. in the past, congress has simply raised the debt ceiling to keep us borrowing. that s what democrats want. again republicans are arguing for every buck we spend on paying the interest on debt at this point, we should find places in the federal government and all of our spending to cut. the president lashing out. president biden: they will talk about big spending democrats again. guess what? i reduced the deficit last year $350 billion. hear me. these guys fiscally fiscally demented, i think. they don t quite get it. harris: fox business anchor larry kudlow p
Transcripts for FOXNEWS The Faulkner Focus 20240604 16:20:45
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