May 30, 2023 • 8 mins
The NY Post had a headline "Kevin McCarthy's Debt Ceiling Deal Is A Step In The Right Direction." The guys played several clips of people in favor of the debt deal. Also, Jack has a wonderful analogy to explain this...and it involves deserts.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Interesting. I read an editorial in uh I believe it
was The New York Post. Yeah, Kevin McCarthy's debt ceiling
deal is a step in the right direction. It's essentially
in praise of getting as much as you can, planning
on cutting more in the future, restoring fiscal sanitich never happens,
which never happens. Eggs cutting more in the future part
(00:23):
that never happens. Right, But as I heard somebody say,
in fact, we're going to play one of the clips.
I think as congressman from South Dakota is on one
of the committees, saying, look, the Democrats grew government to
its current size over decades, little by little. If we're
going to cut it back, we have to cut it
back a little by little. That's just, you know, the
way it's gonna work. That's the way these things work.
(00:43):
We have to win elections if we want to you know,
each time cut more, we have to win elections.
Speaker 2 (00:51):
Which is a good point too. Democrats control the Congress.
If you're not old enough, I mean, this was before
my time, but I read history. They controlled the House
for footy freaking years. I mean, you can get a
lot of stuff through over forty years.
Speaker 1 (01:06):
So the way I envisioned this unfolding is, let's play
a handful of arguments in favor of the agreement. We
can read a couple two if you want, but let's
start with Kevin McCarthy himself and CLIP forty three.
Speaker 3 (01:17):
Michael, this is the biggest cut in American history that
we'd vote for. And I'm not sure where in here.
There's no new taxes, there's no new government programs. What
I wanted to cut more, Yes, but I was only
able to work at less than fifteen percent of the budget,
So I'm not quite sure what else they want to go.
Speaker 1 (01:35):
Tax activist Grover nor Quist and CLIP forty.
Speaker 4 (01:38):
If you vote against this package, you don't get something better.
I mean, some of these people may be very new
to politics, and they don't understand that when you vote no,
you take yourself irrelevant and then you end up the
Democrats getting more votes on this sort of thing.
Speaker 1 (01:55):
Interesting. Chip Roy from Texas has an argument against that specifically,
but we'll get to him a moment or two. And
here's the Representative Dusty Johnson to South Dakota. Jack was discussing,
and so.
Speaker 5 (02:05):
What I say to my friends on the far right.
The Democrats have grown government over the last sixteen years
because they understand the power of incrementalism. I think part
of the problem with Republicans is that we are so
often focused on hitting the Hail Mary pass that we
forget about the power of incrementalism. This is going to
spend less money next year. That is not sufficient, That
(02:26):
that does not solve all the problems of this country.
But it's a big win. Let's put it in our
pocket and get another win.
Speaker 2 (02:31):
Tomorrow, you know. And I've fallen prey to that myself,
whether it's like you build up some debt or gain weight.
You know, you gain weight a pound a year over
thirty years. Now I'm going to lose it all by summer.
Speaker 1 (02:44):
Right, you know. I just appreciate the fact that Dusty
Johnson travels with a string quartet evidently that plays dramatic
music in the background every time he speaks. I got
to try that. I understand that was cool.
Speaker 2 (02:55):
I understand the emotional impulse to, you know, want to
wipe out all your debt in the next week that
you grew over many many years or wait or whatever
it is, or how the house of the garage that
got out of control little by little over many many years.
Now I'm gonna like completely clean it up. It's you
know he can, but well, yeah, I don't know.
Speaker 1 (03:18):
Or you can make a phony gesture toward fiscal slightly
less insanity and just kick the ball down the road.
Speaker 2 (03:25):
I think the key might be, you gotta win elections
if you want to keep doing it incrementally.
Speaker 1 (03:29):
That's an excellent point if and I'm sure Kevin McCarthy
and company are calculating the damage that would be done
if the Republicans voted this down in the rules committee,
for instance, or if it didn't get to the floor,
if it lost on the floor, that they would be
seen wrongly or rightly, and I think wrongly. But as
the agents of chaos and destruction. It's just more it's
(03:50):
like Trump is back in office. Just more of the craziness. Anyway,
Let's let Chip Roy speak for the loyal opposition. Michael,
just give us a thirty and thirty one back to back.
Speaker 6 (04:00):
We are barreling towards unlimited debt in this country. We're
just barreling towards an infinite amount of debt, and we've
got to stop that.
Speaker 1 (04:08):
Instead of pre COVID levels.
Speaker 6 (04:09):
We are now going up the post COVID curve and
we're flattening it out, basically freezing spending for two years
for a four trillion dollar debt increase. My constituents home
do not want that. So I'm going to be making
that loud and clear it to my Republican colleagues that
this is not a deal that we should be taking.
So the always rising, bigger and bigger, borrowing more and
(04:31):
more federal government took a shot upward during COVID, as
we all know, right, and what chip Roy is saying is, hey,
we got to go back to the pre COVID curve.
Speaker 1 (04:40):
You don't get to say, yeah, well, going forward, you know,
we've got to increase the budgets off of the COVID
levels because that's what we're doing, which is a solid argument.
It's like if I, you know, had to be in
the hospital for six months and spent you know, our
entire life savings on medical care, then said to Judy, now,
obviously we're going to spend a little more than that
this year, but that would be insane. You would go broke.
(05:04):
Here's a little more chip Roy talking common sense in
the face of Jack's just go along to get along
swamp monsterisms.
Speaker 6 (05:13):
This point about, oh what are you going to do?
I heard that there in the Speaker's fight. Remember, I
mean half the folks on Fox were beating the snot
out of us, saying, these guys are crazy. By the
end of the week, the American people are with us
because we were standing up for them against the swamp.
I heard it, with all due respect to former Speaker
nuck Gingridge, to a whole bunch of the folks on
this network, and we stood up. We stood up with
(05:34):
the American people, and we want to do that now.
Speaker 1 (05:36):
Then give me thirty five and thirty six and we'll
call it good.
Speaker 6 (05:39):
We could pass right now, sweep the COVID money, sweep
the IRS money that was, you know, to expand the
Irs to go after the American people three to five
times more, going after minorities and hard working Americans who
are poorer than the wealthy and non minorities. Why don't
we take that money, give Janet Yellen what she needs
for some breathing room in June and July, and then
let's actually pass responsible debt ceiling increase. The government is
(06:01):
forty percent bigger than it was pre COVID. Let's go
back to pre COVID levels of a spending. That's what
we asked for. We're not This deal doesn't do that.
Speaker 2 (06:10):
Is the government actually forty percent bigger than it was
twenty nineteen?
Speaker 1 (06:15):
Fact check? The Cato Institute says, yes, where do I have?
That's crazy? Yes, it is absolutely Oh by the way,
Rand Paul says, fake conservatives agreed to fake spending cuts.
Deal will increase mandatory spending around five percent, increase military
spending three percent, maintain current non military discretionary spending at
post COVID levels. No real cuts to see here.
Speaker 2 (06:36):
Well, I understand exactly where he's coming from, and the
same with Chiproy. But could you get your version of
something through the Democrat controlled Senate and get it signed
by a Democrat president? And if you couldn't, what are
you talking about?
Speaker 1 (06:49):
More swamp monster blathering from my co host talking to
hear folks, is that I'm as sickened as you are.
Speaker 2 (06:55):
You have to pass something and get it signed.
Speaker 1 (06:57):
Yeah. Isn't that a stunning number of federal spending jump
from four point forty five trillion dollars in twenty nineteen
to six point twenty one trillion in twenty twenty three,
forty percent increase over four years.
Speaker 2 (07:09):
And you and you know many people, I think you
should measure the size of government by how much you spent.
That's the size of government.
Speaker 1 (07:17):
Hm.
Speaker 2 (07:17):
That's incredible. And like you said, so they're going off
the pandemic numbers, biggest crisis in a century. They're going
off those numbers now is like the norm, and you
cut back or increase from there.
Speaker 1 (07:29):
As opposed to really just cut the growth.
Speaker 2 (07:31):
How about we go back to what we were doing
before the biggest crisis of a century. Since we're back
to that now, which seems like the normal way.
Speaker 1 (07:38):
To do it. Of course, Yeah, the emergency is over,
back to sanity, but no, not in government whose job
is to collect money and hand it out to ensure
they stay in power.
Speaker 2 (07:48):
So this to keep my eating analogy going with this,
This is a you never ate desserts before you went
on vacation, Then on vacation you ate desserts every meal.
Then after you get back from vacation and say we're
gonna cut back big deserts every other meal. Well, we
didn't used to every desserts.
Speaker 1 (08:05):
Yeah, great example.
Speaker 2 (08:06):
Now we're gonna eat deserts every other meal and call
that a cutback, Well, it's a cutback from vacation.
Speaker 1 (08:12):
Or honestly, what you're doing is having a slightly smaller dessert,
but still every single meal. Right now, we're just not
adding a second dessert on Saturday and calling that a
cop Yeah, if I wanted to make it equal to
what they're doing in government, yeah, I wish they were
cutting out half of the desserts, but they're not. And
pretty soon you're gonna be able to star in the
sequel to that whale movie that Brendan Fraser was in
(08:35):
as a government if you know what I mean.
Interesting. I read an editorial in uh I believe it
was The New York Post. Yeah, Kevin McCarthy's debt ceiling
deal is a step in the right direction. It's essentially
in praise of getting as much as you can, planning
on cutting more in the future, restoring fiscal sanitich never happens,
which never happens. Eggs cutting more in the future part
(00:23):
that never happens. Right, But as I heard somebody say,
in fact, we're going to play one of the clips.
I think as congressman from South Dakota is on one
of the committees, saying, look, the Democrats grew government to
its current size over decades, little by little. If we're
going to cut it back, we have to cut it
back a little by little. That's just, you know, the
way it's gonna work. That's the way these things work.
(00:43):
We have to win elections if we want to you know,
each time cut more, we have to win elections.
Speaker 2 (00:51):
Which is a good point too. Democrats control the Congress.
If you're not old enough, I mean, this was before
my time, but I read history. They controlled the House
for footy freaking years. I mean, you can get a
lot of stuff through over forty years.
Speaker 1 (01:06):
So the way I envisioned this unfolding is, let's play
a handful of arguments in favor of the agreement. We
can read a couple two if you want, but let's
start with Kevin McCarthy himself and CLIP forty three.
Speaker 3 (01:17):
Michael, this is the biggest cut in American history that
we'd vote for. And I'm not sure where in here.
There's no new taxes, there's no new government programs. What
I wanted to cut more, Yes, but I was only
able to work at less than fifteen percent of the budget,
So I'm not quite sure what else they want to go.
Speaker 1 (01:35):
Tax activist Grover nor Quist and CLIP forty.
Speaker 4 (01:38):
If you vote against this package, you don't get something better.
I mean, some of these people may be very new
to politics, and they don't understand that when you vote no,
you take yourself irrelevant and then you end up the
Democrats getting more votes on this sort of thing.
Speaker 1 (01:55):
Interesting. Chip Roy from Texas has an argument against that specifically,
but we'll get to him a moment or two. And
here's the Representative Dusty Johnson to South Dakota. Jack was discussing,
and so.
Speaker 5 (02:05):
What I say to my friends on the far right.
The Democrats have grown government over the last sixteen years
because they understand the power of incrementalism. I think part
of the problem with Republicans is that we are so
often focused on hitting the Hail Mary pass that we
forget about the power of incrementalism. This is going to
spend less money next year. That is not sufficient, That
(02:26):
that does not solve all the problems of this country.
But it's a big win. Let's put it in our
pocket and get another win.
Speaker 2 (02:31):
Tomorrow, you know. And I've fallen prey to that myself,
whether it's like you build up some debt or gain weight.
You know, you gain weight a pound a year over
thirty years. Now I'm going to lose it all by summer.
Speaker 1 (02:44):
Right, you know. I just appreciate the fact that Dusty
Johnson travels with a string quartet evidently that plays dramatic
music in the background every time he speaks. I got
to try that. I understand that was cool.
Speaker 2 (02:55):
I understand the emotional impulse to, you know, want to
wipe out all your debt in the next week that
you grew over many many years or wait or whatever
it is, or how the house of the garage that
got out of control little by little over many many years.
Now I'm gonna like completely clean it up. It's you
know he can, but well, yeah, I don't know.
Speaker 1 (03:18):
Or you can make a phony gesture toward fiscal slightly
less insanity and just kick the ball down the road.
Speaker 2 (03:25):
I think the key might be, you gotta win elections
if you want to keep doing it incrementally.
Speaker 1 (03:29):
That's an excellent point if and I'm sure Kevin McCarthy
and company are calculating the damage that would be done
if the Republicans voted this down in the rules committee,
for instance, or if it didn't get to the floor,
if it lost on the floor, that they would be
seen wrongly or rightly, and I think wrongly. But as
the agents of chaos and destruction. It's just more it's
(03:50):
like Trump is back in office. Just more of the craziness. Anyway,
Let's let Chip Roy speak for the loyal opposition. Michael,
just give us a thirty and thirty one back to back.
Speaker 6 (04:00):
We are barreling towards unlimited debt in this country. We're
just barreling towards an infinite amount of debt, and we've
got to stop that.
Speaker 1 (04:08):
Instead of pre COVID levels.
Speaker 6 (04:09):
We are now going up the post COVID curve and
we're flattening it out, basically freezing spending for two years
for a four trillion dollar debt increase. My constituents home
do not want that. So I'm going to be making
that loud and clear it to my Republican colleagues that
this is not a deal that we should be taking.
So the always rising, bigger and bigger, borrowing more and
(04:31):
more federal government took a shot upward during COVID, as
we all know, right, and what chip Roy is saying is, hey,
we got to go back to the pre COVID curve.
Speaker 1 (04:40):
You don't get to say, yeah, well, going forward, you know,
we've got to increase the budgets off of the COVID
levels because that's what we're doing, which is a solid argument.
It's like if I, you know, had to be in
the hospital for six months and spent you know, our
entire life savings on medical care, then said to Judy, now,
obviously we're going to spend a little more than that
this year, but that would be insane. You would go broke.
(05:04):
Here's a little more chip Roy talking common sense in
the face of Jack's just go along to get along
swamp monsterisms.
Speaker 6 (05:13):
This point about, oh what are you going to do?
I heard that there in the Speaker's fight. Remember, I
mean half the folks on Fox were beating the snot
out of us, saying, these guys are crazy. By the
end of the week, the American people are with us
because we were standing up for them against the swamp.
I heard it, with all due respect to former Speaker
nuck Gingridge, to a whole bunch of the folks on
this network, and we stood up. We stood up with
(05:34):
the American people, and we want to do that now.
Speaker 1 (05:36):
Then give me thirty five and thirty six and we'll
call it good.
Speaker 6 (05:39):
We could pass right now, sweep the COVID money, sweep
the IRS money that was, you know, to expand the
Irs to go after the American people three to five
times more, going after minorities and hard working Americans who
are poorer than the wealthy and non minorities. Why don't
we take that money, give Janet Yellen what she needs
for some breathing room in June and July, and then
let's actually pass responsible debt ceiling increase. The government is
(06:01):
forty percent bigger than it was pre COVID. Let's go
back to pre COVID levels of a spending. That's what
we asked for. We're not This deal doesn't do that.
Speaker 2 (06:10):
Is the government actually forty percent bigger than it was
twenty nineteen?
Speaker 1 (06:15):
Fact check? The Cato Institute says, yes, where do I have?
That's crazy? Yes, it is absolutely Oh by the way,
Rand Paul says, fake conservatives agreed to fake spending cuts.
Deal will increase mandatory spending around five percent, increase military
spending three percent, maintain current non military discretionary spending at
post COVID levels. No real cuts to see here.
Speaker 2 (06:36):
Well, I understand exactly where he's coming from, and the
same with Chiproy. But could you get your version of
something through the Democrat controlled Senate and get it signed
by a Democrat president? And if you couldn't, what are
you talking about?
Speaker 1 (06:49):
More swamp monster blathering from my co host talking to
hear folks, is that I'm as sickened as you are.
Speaker 2 (06:55):
You have to pass something and get it signed.
Speaker 1 (06:57):
Yeah. Isn't that a stunning number of federal spending jump
from four point forty five trillion dollars in twenty nineteen
to six point twenty one trillion in twenty twenty three,
forty percent increase over four years.
Speaker 2 (07:09):
And you and you know many people, I think you
should measure the size of government by how much you spent.
That's the size of government.
Speaker 1 (07:17):
Hm.
Speaker 2 (07:17):
That's incredible. And like you said, so they're going off
the pandemic numbers, biggest crisis in a century. They're going
off those numbers now is like the norm, and you
cut back or increase from there.
Speaker 1 (07:29):
As opposed to really just cut the growth.
Speaker 2 (07:31):
How about we go back to what we were doing
before the biggest crisis of a century. Since we're back
to that now, which seems like the normal way.
Speaker 1 (07:38):
To do it. Of course, Yeah, the emergency is over,
back to sanity, but no, not in government whose job
is to collect money and hand it out to ensure
they stay in power.
Speaker 2 (07:48):
So this to keep my eating analogy going with this,
This is a you never ate desserts before you went
on vacation, Then on vacation you ate desserts every meal.
Then after you get back from vacation and say we're
gonna cut back big deserts every other meal. Well, we
didn't used to every desserts.
Speaker 1 (08:05):
Yeah, great example.
Speaker 2 (08:06):
Now we're gonna eat deserts every other meal and call
that a cutback, Well, it's a cutback from vacation.
Speaker 1 (08:12):
Or honestly, what you're doing is having a slightly smaller dessert,
but still every single meal. Right now, we're just not
adding a second dessert on Saturday and calling that a
cop Yeah, if I wanted to make it equal to
what they're doing in government, yeah, I wish they were
cutting out half of the desserts, but they're not. And
pretty soon you're gonna be able to star in the
sequel to that whale movie that Brendan Fraser was in
(08:35):
as a government if you know what I mean.
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