immigration here at home could get in the way. meanwhile, new attacks all across ukraine, including kyiv, as the united nations chief visited the country. plus, things go from bad to worse in mariupol, as russia bombs a makeshift hospital inside the steel plant where fighters and civilians are barely holding on. former ambassador to ukraine, bill taylor, joins us in a moment. and later, we ll talk to former u.s. ambassador to russia, michael mcfaul, on the very latest in ukraine. and the january 6th committee ready to go public as the chairman announces the date of the first open hearings on the attack on the capitol. good morning and welcome to morning joe. it is friday, april 29th. quite a week. yesterday, we knew president biden would be asking congress to fund a sweeping aid package aimed at keeping ukraine in the fight against russia for at least the next five months. we just didn t know how much he would be asking for. we heard from the president, proposing $3
Government funding runs out december 16th and spending hawks say the best thing that congress can do before the holidays is keep the budget as is. not increase spending in this new budget because they say it will make inflation worse. the committee for responsible federal budget warning with inflation surging and debt approaching record levels policymakers should avoid worsening the deficit and should pledge to add no new debt for the rest of 2022. policymakers are considering an end of the year fiscal package that would make things much worse. calculating all the current spending wishes on the table the budget the democrats are writing behind closed doors could add 585 billion to the debt in the first year potentially adding as much as 1.5% to already high inflation. democrats who are out of power in the house in the new year think raising the debt ceiling and passing a budget are the two things they can do before republicans take charge. i hope they don t play games
Nothing, keep spending levels at the rate that they are right now because they say if they increase spending, it will make inflation worse. the committee for responsible federal budget warning with inflation surging and debt approaching record levels policymakers should avoid worsening the deficit and pledge to add no new debt for the rest of 2022. policymakers are considering an end of the year fiscal package that would make things much worse. the group estimating calculating the current spending wishes on the table the budget democrats hope to write could add 585 billion to the debt in the first year and adding 1.5%. democrats think raising the debt ceiling and passing a budget are two things they can do before republicans take charge. they continue play games with budget. i don t play games with the debt ceiling. it just contributes a very complicated climate to any
Should avoid worsening the deficit and pledge add no new debt for the rest of 2022. policy makers are considering an end of the year fiscal package that would make things worse. the group estimating the budget that democrats are writing behind closed doors could add $585 billion to the debt in the first year and increase inflation by 1.5%. democrats out of power in the new year think passing a budget is the one thing that they can do before republicans take charge. we don t play games with the budget. i hope we don t play games with the debt ceiling. that just adds contributes a very complicated climate to any economic issue. i think we ll get the budget done. some republicans are pressuring mitch mcconnell s new budget before christmas and free spending until january so new federal spending reflects gop priorities. really comes down to the senate republicans sticking with us that we only get an extension
To effectively make them pay for humanitarian aid, reparations and eventually reconstruction by tapping into russian foreign exchanges across the world. how does it work? russia has $585 billion in currency reserve, and when you subtract their gold reserves at home and monies held in china, there s still $350 billion held in france, germany and the u.s. to name a few, according to the brookings institution. germany paid reparations after the war ended, but the russian money could be used to fund reparations for ukraine. right now russia cannot access it. it s just basically sitting there. the foreign exchanges sitting in the central bank, it s just