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FOXNEWS Americas Newsroom July 7, 2024

crisis firsthand. mayor adams declared an emergency in response to 4,000 asylum seekers coming to new york city over the past three months. he says they are straining the city s shelter system. but, according to governor abbott, that is nothing compared to what texas is dealing with. public officials across the country, they do need to realize the magnitude of the chaos created by biden s open border policies. they re up in arms about a few thousand people coming into their communities over the past few months? listen, in any one sector in the state of texas, we have more than 5,000 people coming across that sector every single day. and so, listen, we re full in the state of texas, our committees are overrun and i started bussing people to washington, dc when local officials could not handle the number of people that had come across their border. we have team coverage, david spunt at the justice department with breaking details about the biden administration forci ....

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FOXNEWS Americas Newsroom June 4, 2024 14:23:00

Trillion spending and tax bill i think is extremely neg if i have for the economy coming on $200 billion a spent a few weeks ago, austin, we cannot keep going forward with massive spending bill and debt. i know you say this reduced the debts, i think it will make inflation and debt worse. mike: austin, what about the impact and what do you expect the federal reserve do to cool down inflation? on this bill, this is spread out over 10 years, and it is more than paid for, reduces the deficit and the debt by50 billion or more, it is totally different from the cares act under trump or the rest you plan under biden, kind of naked stimulus, i don t see that having impact on the short-run economy, i think your second question about what is the fed going to do, that will have a ....

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FOXNEWS Americas Newsroom With Bill Hemmer Dana Perino June 4, 2024 13:37:00

Big fan for sure of blanket waiving of all debt. if you look at the numbers, the biggest debts are people with relatively high incomes. so i don t think in terms of relief that that s the right approach to have blanket debt waiver. i don t think that that s on the magnitude of the cares act under trump or the rescue plan under biden. it is not the same level of money. and as i say, the people that have been saying that they think that this wasn t a supply shock driving the inflation, that it was instead excess demand coming from stimulus, the stimulus is over. the stimulus is now rolling off and it becomes a big negative in the gdp accounting so by their logic inflation should go away now. dana: steve. the problem is that massive ....

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