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Democrats once again will be the adults in the room. i m so glad republicans finally realizes the urgency with which we must act. guess what, mr. speaker? you don t get an award around here for doing your job. that was the lead demon the house rules committee speaking today before the house voted 316-94 to advance a $95.3 billion aid package for ukraine, israel and taiwan. more democrats voted for the rule than republicans rescuing speaker mike johnson. the house will vote tomorrow on that ukraine aid that has been stalled for months by what liz cheney called the putin wing of the republican party. our next guest, timothy schneider testified about that on wednesday in the house oversight committee. if we follow chinese ....
In an early Tuesday morning vote, the US Senate approved a $95.3 billion foreign aid measure that includes assistance for Israel and war-torn Ukraine. ....
So-called inflation reduction act, i think they realize that s what s driving the inflation. and so then you have this odd situation where what we would always call fiscal stimulus, when government spends more than it takes in, fighting against a monetary policy that is contractionary, so raising interest rates while the private sector takes a direct hit when you raise the cost of capital but the government can borrow whatever it takes to get the money it needs to engage in deficit financing for its own pet projects. john: and call for number four here, still borrowing at a phenomenal rate. 1.6 trillion in deficit in the first ten months of fiscal year 23, 5.3 billion a day. fiscal year 23 deficit, 131% of where it was in fiscal year 22. so, seth, the president touting the one-year anniversary of the inflation reduction act, yes, ....
Burden on taxpayers. this is a pure one sided government saying to a small group of people, listen, in this case there were some clerical errors, and in most instances trying to right a wrong. people were repaying loans, did not get credit, things were not kept track of, record keeping error, some borrowers were put into forebearance and so people were trying to do the right thing and the system failed on the back end. that s what the move is about. john: you mentioned taxes, brings me to this point. u.s. borrowing continues to move almost out of control. $1.6 trillion in deficit spending the first ten months of fiscal year 23. that adds up to $5.3 billion a day. the fiscal year 23 deficit, 131% ....