Cashing Out: Biden Administration Races to Spend Billions

Episode Transcript

Speaker 1 (00:00):
Federal agencies are reportedly scrambling to spend billions allocated for
green energy and climate initiatives before a new administration takes
over in January. Fox Business anchor Stuart Varney says federal
spending is completely out of control with the deficit still growing.

Speaker 2 (00:13):
It really should not be like this. When the economy
is growing an unemployment is low, the redd ink should
be shrinking, but it's not. It's growing. At the end
of the fiscal year, that's September thirtieth, we will have
borrowed another two hundred and fifty billion dollars in just
seven weeks.

Speaker 1 (00:29):
Administration's latest spending involves new marine sanctuaries, more offshore wind expansion,
and seven billion for rural electric cooperatives. Corey Jolson News
Radio seven forty KTRH