st the far enough away that between here and washington, d.c. they stop to refuel in alaska. and so it s going to be a while until he gets back with home. a big part of the reason they came to hiroshima, the leader of the world s seven is largest economies, is to figure out what to do about a rising china, especially in this region. and the president got a question about chinese military actions, particularly the lack of contact there has been between general lloyd austin and his counterpart now that a hotline has been down, and the president had a fascinating answer where he explained why he thinks that things are so cool wean the u.s. and they that right now. we should have an open9 hotline. at the bali conference, that s what president xi and i agreed we were going to do and be with on k. and hen this silly balloon that was carrying two freight cars worth of spying equipment was flying over the united states, and it got shot down and everything changed. in terms of talki
glaze over, okay, they ll pass it. you re saying maybe not this time. no, i think they re going to pass it, but i think before that time, i think markets will move. you ll see the markets respond to the urn certainty uncertainty of not paying our debt, and hen they ll go, okay, let s figure out a deal. and by the way, republicans won t9 be blamed. the top dog gets blamed when things go wrong, and that s joe biden. it s really bad for the election, so i think he ll get serious and make more concessions. pete: all right. it s great to see you, sean. stick around for the rest of of show. i will. pete: that s an order. watch the bottom line, by the way, on fox business weeknights at 6 p.m. eastern time. we always appreciate you coming by. all right. caught on camera, again, biden seen using a cheat sheet on the world stage. up next, will and i go off the wall with a look at all the talking points and clear-cut directions, cheat sheet, little ones and big ones, that the big guy ha
would you be blameless in a default situation? on the merits based on what i ve offered, i would be blameless. on the politics of it, no one will be blameless. i think there are soming maga republicans in the house when know the damage that it would do to the economy, and because i am president and the president s responsible for everything pete: joe biden exonerates himself. he would be blameless. so in a fox news alert, joe biden on his way back to d.c., a long flight, after being pressed on those high stakes debt ceiling talks, now on pause until his return. our next guest knows all about debt negotiations and making them interesting from his time in congress. sean duffy cohosts the bottom line on fox business. great to see you. you too the, pete. pete: he talks about on the merits he d be blameless, but politically he might get blamed. the problem is on the merits, he is to blame.
you just go back, what, five months, and democrats passed the inflation reduction act, massive spending, $5 trillion in spending over the last two the years of the presidency, then they passed the big omnibus bill which that some is republican support in the senate. but the massive spending, and joe biden doesn t want to curtail anything in the senate. kevin mccarthy and the republicans, i m surprised they got all the votes for it, but they want to go back to 2022 spending levels, which are really high. and then they want to say, listen, we re going to help people out who are going through a hard time, but you ve also got to work. they want work requirements for medicaid, for food stamps, and that s too much for joe biden. pete: sure. it s imminently reasonable stuff. concern eminently reasonable. does it matter in the negotiations that the republicans have actually passed something? they passed raising the debt ceiling and, you know, the senate hasn t done that that, and the white hou
known to use a cheat sheet or two including this week at the g7 summit. pete: let s go off the wall and look at the talking points, cheat sheets and clear cut directions joe biden has been given throughout his presidency. will: here s the latest, this was from this week at the g7 summit. he essentially had what amounted to a full transcript for the speech that he gave at the g7. as you can see on his sheet of paper, it fully laid out thank you for hosting us here in your hometown of hiroshima, all of us gathered around this table are not only the closest of allies, we re the pete: i love that one, all of us gathered around the table like these are not things that can just come off the cuff of we are the closest of allies saying the allies are the u.k., germany, france and so on. will: that s the latest. but there s been some greatest hits over the years. take a look at this, this is perhaps the most egregious cheat sheet he had.