secretary of treasury. the treasury secretary. really,eally strong. the treasury secretary will be joining us here on morning joe in our next hour. g7 leaders are going to meet to announce more sanctions to hold russia accountable. we ll be following that, as well. gene robinson. gene is here. we saw at the beginning we saw the tweet from last night. but, man, that image that we bumped in on, i guess it was on instagram first, that statement, we are here. we are not going anywhere. glory to our fighters. glory to ukraine. it was so strong, and it followed up in the lead-up to the war, when everybody was talking about getting zelenskyy and his wife and family out safely, zelenskyy s response, i don t need a car, i need
secretary of treasury janet yellen says more could happen if they don t raise the debt ceiling. her warning comes as they hit the $31 trillion debt limit set by congress. more than two dozen house republicans have laid out their plans to deal with the first ever debt default. they range from new immigration policies to proposing deep domestic spending cuts, and they could have profound implications for infrastructure spending. joining us now is our guest from the docht homeland security. good to see you. good morning. let s just start with this. what would the implications be for our aging infrastructure for protecting our infrastructural as the u.s. gets close to
costing ass us and adding to the deficit. this is a group that has really a goal of eliminating much of our government, our education, our social services, our health, and they want to use this device to eliminate programs they don t like. how they would prioritize the debt, and you mentioned they want to create the impression they all pay social security in the military, but they re leaving out the fbi, the school lunches, the border patrol. there is no way, as i said, even as former president trump s secretary of treasury said, it s just designed to give them political cover for the threat that they are making to upset our economy and impact and harm so many families, just to achieve their policy goals, which are all backwards, and as you say, they really misunderstand this whole issue. let me ask you this, though, there are enough moderate
republicans in the house who might say we can t do this. if we do this and we cause stagflation or we cause a deeper recession or we cause massive inflation, those fingers will point back to us in the next election. it s about political preservation. this doesn t seem to make sense. is it possible or likely that some moderate republicans will just vote with democrats to increase the debt ceiling and say, look, sorry, we can t go along with this? that is our hope. i think that what you will see as these threats continue, and we have a few months in which the secretary of treasury, secretary yellen, is taking storden airy measures to give us more time to work this out, is to have a petition there that we can get a majority of the house to sign our petition, and we ve got about 212 democrats to do it. we only need about six more republicans to make it happen, then we can force what is called a clean debt ceiling
9% unemployment. we don t need that at a time that we have been recovering from the pandemic with steady growth and steady progress. many problems, but we are ready to deal with that if we act responsibly. but we have some folks out there, as you said, who are talking about a debt prioritization plan that even president trump s secretary of the treasury mnuchin said wouldn t work. in fact, these are some of the same republicans who voted three times to increase the debt limit for president trump, but now they want to hold america and our economy and the world hostage to their dreams. congressman, i have time for people who, in good faith, our belief that the government should spend only what it takes in, and the too much debt is a difficult thing. that s an interesting conversation and one that should be had. that s a reasonable good faith argument.