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Transcripts For FOXNEWSW The 20240706



can ramaswamy. larry elder. we take you to south carolina as the story begins. president biden and mccarthy are meeting today to talk about the debt. biden waited is long to come to the table to avoid default on trillions of dollars our nation owes. if they don t raise the debt ceiling to cover america s bills and interest it would send shock waves through u.s. financial markets risking possible bankruptcies, potential, irreversible standing to the u.s. standing in the global economy. politics biden style here. commander-in-chief is blaming maga republicans. the gop says biden wants a default more than a deal. i m harris faulkner and you are in the faulkner focus. ten days ten days drash re secretary janet yellen sending out a warning june 1st she says is the hard deadline to raise the nation s debt limit. the president with this. president biden: i ve done my part. now it is time for the other side to move from their extreme positions because much of what they ve ....

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Transcripts For FOXNEWS Americas Newsroom 20240706



little to anything against churches and pro life centers. they will get in a lot. senator ted cruz asking garland during his last appearance before the committee about promise he made to keep politics out of the d.o.j. it went like this. i asked you quote, will you commit to this committee that under your leadership the department of justice will not target the political opponents of this administration? your answer, quote, absolutely. it is totally inappropriate for the department to target any individual because of their politics or their position in a campaign. that was your promise just a few months ago. i m sorry to say you have broken that promise. dana: that was more than a year ago. the committee will have plenty of ground to cover today. jason chaffetz ahead with reaction. david spunt starting us off on capitol hill. attorney general taking a seat behind me ready to answer those questions. he said multiple times he wants to keep politics out of the d.o.j. ....

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Transcripts For FOXNEWS Americas Newsroom 20240706



the first one is brought by a group of republican-led states. the other by individual borrowers who say they were unfairly excluded. bill: the two cases present a direct threat to one of the president s signature policies. the plan would wipe out more than $4 hundred billion in student debt and pay $10,000 to people making less than $125,000 a year and $20,000 to those who got pell grants for low income households. dana: the high stakes legal battle is dividing lawmakers right down the middle. those of us watching this closely are praying and hoping that they will do the right thing and say that the president cannot be the congress and the executive branch. he can t be the legislative and the executive branch. he has no authority to do what he is doing. our government is supposed to be about people. not making money out of us going to school or seeking higher education. dana: shannon bream is live outside the supreme court. good morning, shannon. there are s ....

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Transcripts For FOXNEWS The Faulkner Focus 20240706



college simply skip the bill. and it would affect all tax paying americans, especially those who did it the right way and paid off their debt through hard work. the total cost of the hand-out an estimated $4 hundred billion over the next few decades. so we ll spend likely longer than they had to pay off some of those loans. biden says it is all legal for him to do based on the higher education relief opportunities for students act. and just so you know, that act allows for federal loan modification. but only during a national emergency. now remember, even though president biden has said the pandemic is over, he is keeping that emergency declaration for covid until may. does that emergency power for higher education give president biden the power to pay off student loans with our money? some of those loans are decades old. with the covid emergency ending very soon, possibly over anyway. some say no. the covid emergency is over. he is using that as an excuse hoping that ....

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Transcripts For FOXNEWS Americas Newsroom 20240706



for education in the first place? [cheers and applause] college should be free because guess what? when we get out, we are contributing to the society and this democracy and this economy and making it stronger. dana: david spunt live-out side court for us this morning. good morning. no matter where you land in this fiery debate i have yet to meet someone that has not formed some sort of opinion on this issue. off to my right you can hear noise. demonstrators have been out here since 3:00 p.m. yesterday fighting for the president s plan and fighting for this student loan forgiveness. some slept outside hoping to get a seat inside the court today lining up very early to watch this process unfold. if the justices rule in favor of the president, millions of people could have up to $20,000 in student loan debt wiped out. our government is supposed to be about people, right? they shouldn t be making money off of us going to school or seeking higher education. it shouldn ....

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