that increase. incre president,stration your administration spent more than an more thy prior $7.8 trillion added to the national debthe natio, 3.5 trillion of t before covid. so does that mearen thatng probl you re part of the spending problem? well, first of all, thanks for the question. thanks for letting me respondr to a reference to ours reco administration s record. i m incredibly proud of the record ord f the trump-pencead administration. i mean, in fourminiration she we rebuild our military. we revived our economy, weenergy unleash american energy, and we appointed three conservatives to the supreme court that gaveue the american people ca new beginning for the right to life. now, martha, you asked earlier who s the most best preparedyouh for this job? and i must say, with all due respect to all o all of my fried on the stage and even the one that s probably lookin eveg on, i think unquestionably i am the best prepared, the most tested, the most qualified and proven conserv
you are going to get repaid. but, if we do not start to address the spending the out-of-control spending of this administration we are in for more trouble that is why it is very disappointing that once again we got a president traveling around the country trying to promote bidenomics which has put us in this terrible position for beva treasury secretary that just wants to deny there s any issue that she has to deal with. it is going to be up to republicans to continue to lead on track this administration long, jon. jon: her tongue but forcing cuts in social security benefits perhaps medicaid benefits down the road because this is spending cannot continue the way it is. that is what we have warned them about. the sad part is the democrats in this administration have refused to acknowledge we have a spending problem that we have a
debt problem that needs to be addressed and it needs to be addressed now. cbo told a joint meeting of republicans and democrats several months ago if we do not start to address the spending problem, you will look back 80 years the debt service in this country, jon, was about $9 trillion if we do not address this and now, in the next 10 years our debt service will be at least $10 trillion. and it is very possible the u.s. would have to borrow money to literally stay afloat in 2032. this is a serious issue. by the way cnn i do not know if you sought, cnn put a poll out this week that americans trust the republicans in the house to actually do what needs to be done. that is going to be the theme as we go forward. if this administration refuses to address what is ailing this country which are there policies their so-called bidenomics which i complete failure they are going to pay for it at the about box next year.
after saying that sandra: they can t afford a $400 emergency. the americans are not getting relief from college loans, those are not the americans they are talking about. they will not get $7,500 to get an e.v., because they are not the ones they are trying to help. those are the americans they are crushing with their band aid. listen, fitch did it all. when fitch downgraded the rating to aa, that was the ultimate wake-up call for the american public. making it too expensive and the success that s looking we have out there, that s a mirage. that s $6.7 trillion fade away. it s going to fade away. it s money that is borrowed time, $6.7 trillion given out, pushed into the public, it was not earned. sandra: that s what kevin o leary is saying, until we acknowledge the spending problem we are not going to acknowledge listen. no way to sugar coat this at all. it s bad.
to do so the american people have confidence that government is working for them. that s the problem. the american people feel like they work for government. we have to turn this around and have account ability. what has congress done this for you lately? they have done nothing. whether it s our debt, border, education system, crime, national security. they haven t done anything. they were part of the spending problem that got us in to this. that s not the answer of where we need to go. we need to start holding them accountable and making them not just get on tv and give talking points, but making them show results to the american people because the american people are tired. they are dealing with the debt. they re dealing with inflation. they re sick of not having transparency in the classroom. they re tired of crime and a lawless border and they don t want to see china putting a spy base 100 miles off of our coast or a spy balloon.