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Transcripts for FOXNEWS Your World With Neil Cavuto 20211006 20:40:00

statement here, to get back to the apple of old? our mission state is to make great computers that can really make a difference to people. the i mac, you can take it home, take it out of the box and be cruising in ten minutes. try that on a pc. you re talking an hour. we want great products and tell people about them in an intelligent, witty fun way. different how? don t you justn) ride the wave? (judith) no - we actively manage client portfolios based on our forward-looking views of the market. (other money manager) but you still sell investments that generate high commissions, right? (judith) no, we don t sell commission products. we re a fiduciary, obligated to act in our client s best interest. (other money manager) so when do you make more money? only when your clients make more money? (judith) yep, we do better when our clients do better. at fisher investments we re clearly different. regina approaches the all-electric cadillac lyriq.

Transcripts for FOXNEWS Your World With Neil Cavuto 20211006 20:14:00

$5 trillion package. a lot of new spending programs that will be in place for probably forever. so this is why republicans are saying, you know, we re okay to let you get to the debt ceiling, have the vote and democrats will likely provide the votes. neil: we might dodge a bullet if this comes to pass and the government doesn t shut down or a default to social security we can t let that happen and won t. neil: that seems to be the change here. i don t know if it s the meeting with business and other financial types, the calls that republican leaders have gotten, yourself included, that whatever would happen and whoever is pointing the finger, everybody would raise the finger at you guys if that would happen. is that the impetus for this olive branch for democrats to avoid all of this? i think we knew toward the end, we would have to figure out a way forward. you mentioned people being blamed.

Transcripts for FOXNEWS Your World With Neil Cavuto 20211006 20:11:00

programs that initiatives state that they never stop. what do you think of that? well, i think that s absolutely true. i appreciate jim clyburn and i appreciate his candor, frankly but that s what i fear. people say that 3.5 trillion, it s more than that. the tax and spend bill. it doesn t include programs that start later like the medicare program for dental as an example. doesn t start for several years. it will continue indefinitely. or other programs that start and stop, but as you say, will be almost impossible not to continue once people start getting the benefits, the experience has been in our country that you continue to get them. it s those mandatory spending programs, entitlement programs that are causing us the fiscal crisis that we re in. so yeah, it is that s a problem with the 3.5. it s like 5 trillion when you look at it that way. we can t afford it when we have $33 trillion in debt.

Transcripts for FOXNEWS Your World With Neil Cavuto 20211006 20:09:00

permanently puts in government speak federal government speak means ten years. so yes. i ve asked my partner to take a look at that. quite frankly, i heard some tv reports earlier this morning, some of them thinking about five years rather than ten years. neil: all right. to that point then, let me just be clear, you know that you know when you turn the shelf life of something and reduce the number, let s say a five year a ten year plan, you know very well that it s very hard to get rid of these programs that ever are initiated five years out. so you know that you ll get your way anyway in that event. because whatever you get, it s something that is hard to take away when they expire, right? i have not been secretive about that as well. i ve said, let s do it. it will be difficult to take it

Transcripts for FOXNEWS Your World With Neil Cavuto 20211006 20:10:00

away. you can take it away. i rather have the difficulty of taking it away than getting it started. get it started. these are the things that we need to do now to get people back to work now. get you back in school now. then look at a three-year and four years out. that s what mitch mcconnell just proposed. he proposed that we don t do this till december. joe biden says we ought to do it until december 2022. so if it s good enough for mitch mcconnell, it s good enough for jim clyburn. neil: thanks, congressman. thanks for taking the time. we ll monitor that. fair and balanced. now reaction from rob portman. senator, the congressman has a very good point here. you can talk about making this a little less pricey by taking the time frame from let s say ten years to five years or what have you knowing full well that you ll get your way because it s very unlikely once government

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