republican governor of oklahoma who didn t want that type of dirty trace: they fixed that problem. they fixed that problem. this was a republican situation that they did not want from inception. trace: that s a conversation for another day. i will tell you, and we will have it. we will leave with this, but i think a lot of people heard from the president was in the meantime while we figure out why your oil and gas prices are high, not acknowledging any policy change on behalf of this administration. we plan to lessen our dependence on fossil fuels, oil and gasoline and other energies and shift to a green energy which brings up that question that i brought up to you many times. de facto legislation. is this the right way to go about his push for green energy? we need to transition to renewable. it s not going to happen overnight. i m fully supportive of an all in energy approach but we should
thank you. sandra: president biden expected to sell s massive social funding plan during a speech happening in a few minutes from now. he s expected to speak at 2:00 eastern time. house democrats urge their senate colleagues to the cathedral rule to pass the president s plan, pathway to citizenship for illegal immigrants included. congressman byron donalds serves on the house budget committee. congressman, great to see you. good to see you. sandra: he s going to pick his big spending plan here in just a few moments from now. what do you think happens with this? do you think there s going to be enough democrats that stand up? i think there will be. i think there s going to be some great provisions in this plan that really don t even work together. at the same time when they are trying to electrify the federal fleet, you re putting billions of dollars in the green new deal and renewable energy with the vast majority of our country is powered is with coal and natural gas. why woul
jobs building electric cars like the one i drove in detroit last week. the hundreds of thousands of folks who bought one of those electric cars, they are going to save $800 to $1,000 in fuel costs and we re going to put those savings within reach of more americans and create jobs installing solar panels, batteries, electric key pumps, jobs making those clean power generating devices. by the way, deploying these technologies for each home where they are installed is going to say folks hundreds of dollars in energy costs every year. let s do that. let s meet climate change. more extensive innovation and opportunities. we can make our economy and consumers less vulnerable to these sorts of price spikes when we do that. finally even as we meet to work out this challenge, it s important to maintain perspective. about where our economy stands today.
panel. robert wolf, former obama economic advisor. former trump economic advisor. steve, robert, who wants to have at it first questioning i am frustrated. i worked for donald trump in one of our aims, i used it to tell president trump that we could be energy independent if we produced all of our energy. oil, gas, nuclear power, let s use it all and become an energy independent country and trump used to say i want to be energy dominant and we were on the road to do that. it makes no sense in production. you look at with happening. if the current price were losing about a hundred $70 million a day. one last quick point, when he talks about these other countries that aren t producing enough oil, he is talking. the saudis in the countries that have been doing this for 40
policy. this is not this shortage of energy is not due to some kind of act of nature. space because of it s because of political decisions. the president was in england saying that he wants the united states to use no more oil and gas. they want to kill this industry. you ve seen a reduction in the supply at a time when we should be producing more precisely because the prices higher. i don t understand the logic of this. why don t we just have a policy i m just saying we re going to use everything we ve got so we have sufficient energy so we can run our company so people have low gas prices so we can heat our homes. i really do worry we re going to see supply disruptions this winter in many of these midwestern states because not only are they not producing oil, there shutting down pipelines. not just keystone xl. there s two or three in the midwest that are crucial to bring natural gas to people s