tell joe biden to keep working for more jobs and less pollution. welcome to the next level. this is the lexus nx with intuitive tech safety radar detector: watch for traffic. and our most advanced safety system ever. there are challenges at the border, something the president has taken seriously since day one. the president would like to do more. he s using the tools in front of him. congress refuses to act. many want to make a political case out of this. john: the white house reacting moments ago to the crisis at the border and fears that it is about to get a lot worse when title 42 ends less than two days now. the pentagon set to address reporters minutes from now, this may come up. sandra: and we will be monitoring to see if the pentagon weighs in on the migrant emergency now that troops have been deployed to assist in the expected surge of migrants once title 42 is lifted. john: welcome back as america reports rolls into hour two. it s a busy one so far, sandr
people in their 30s and 40s, that s a much different thing, and that s something that i think there s going to need to be discussions on. but that s just the reality in terms of where i ve been, so i don t think it s necessarily a change. and in terms of privatization, what i always said was you aren t going to be able to offer individual account, because there s no social security surplus. there the used to be massive surpluses, and the thought was now that s gone. so that is totally not on the table. we ve got to make sure we preserve of it for our seniors because they depend on out. howard: you say as president you would clean out the department of justice, but aside from the political appointees any president can replace, how do yo do that in an agency that s mostly career lawyers and prosecutors without being accused yourself of politicizing the doj? if. well, first, we have to recognize and the media will typically refer to these people as nonpolitical career people. now, i
here is our position, mr. president, let s talk about it. and so far biden has said forget that. we ll see what happens today. to say they have not done their job is the senate does not have the votes to pass a clean debt ceiling, you need 60 votes and they don t have 60 in the senate. this is where i think president biden is going to have to negotiate with kevin mccarthy and give him something. john: when you look at the debt ceiling clock, how high is it going to go before somebody does something about spending. the key to that, you have to reform medicare, medicaid, social security. neither side is about to do that unilaterally and neither side wants to come together on it. until you come to an agreement to rein in that spending off the charts, and i remember back in the heady waning days of the clinton administration, a social security surplus of about a quarter of a trillion dollars
media research center in washington rich noise. thanks for joining us. thanks for having me. let s get right to it reporter peter kilbourne predicted there would be huge surpluses for the government. government. he wrote this by the year 2015, the annual social security surplus would be more than $500 billion. the funds total assets would be 7 trillion. well above the expected national debt. huh. yeah. not exactly the way it turned out. social security has been in social security has been in a deficit now since 2010. their total assets are less than 3 trillion. and of course the overall national debt is not less than 7. a billion but more than $18 trillion. you know more than 7 trillion just since president obama took office. the lesson here is you give politicians over and over again. again. old debt that you can possibly imagine. let s talk about this one.
surplus and that s what we have now, $2.5 trillion surplus. but here s the part they never tell you about. they took that money out of social security and spent it on the rest of the budget, so that surplus was spent on wars, tax cuts, et cetera. now, they still owe you that money, like they owe china the money we borrowed from them to run our government in the short run. but when they go to pay your benefits in any given year they have more trouble because they already spent the money. now they would never suggest we shouldn t pay back china or anyone else we borrowed money them, because that would put into question our full faith and questions of the united states. the financial markets would flip out over that so they never refer to that money as just a bunch of ious, but when it comes to money they borrowed from your social security surplus that you payed into your whole life, well, then that s just a bunch of ious. there is no surplus in there. it s a bunch of ious. okay. that