Six Cents to Save the Country

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What if saving the nation only cost six cents? Chris Markowski breaks down Senator Rand Paul’s “Six Penny Plan” — a simple proposal to cut just six cents from every federal dollar spent and balance the budget in five years. Markowski exposes how both parties, despite their rhetoric, rejected this commonsense fix, proving once again that Washington’s spending addiction runs deeper than politics.

Episode Transcript

Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact that we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
What if I going to tell you it takes six cents,
six cents, that's right, sixpennies to save the country. I often,
again it's part of what we do at Markowski Investments.
You get tons of people that are calling up looking
to get involved, and many times, many times people quite frankly,

(00:39):
it's they're not at the point in time where they
should be saving money. They can't save money because they
are already in a deep, deep hole paying an exorbitant
amount of money on credit card debt and other nonsense.
And I always talk about the need to take care
of that first, and we do this for free. Point

(01:00):
them out, this is what you need to do, this
is what you need to cut, this is how you
have to go about doing it to get your fiscal
house in order. And as soon as you do that,
as soon as you follow what we're telling you to do,
and we don't charge for this is not my what
I like to do. I do it because I want
to help people out, But again, it puts them on
the right path. Unfortunately, more often than not, and I've

(01:23):
explained this, people are more interested in their Instagram posts
and looking wealthy rather than truly being wealthy. Let's put
that aside for now. Sixth cents. We're thirty seven plus
trillion dollars in debt, going further into debt, and know
the freakin tariffs are not going to bail us out.
Okay if you believe that, Okay, I tell you what. Okay,

(01:46):
I got a bridge I want to sell you between
Manhattan and Brooklyn. Anyway, we got the Democrats right now again,
thirty seven trillion dollar deficit. We're already spending a trillion
dollars plush plus in interest every single year. They want
an additional three trillion dollars in deficit spending. Again, when

(02:11):
all said done, that's forty one trillion dollars in the whole. Okay,
Republicans are our fiscal conservatives, yeapplesh. Thirty seven trillion dollars
in debt, one trillion dollars national interest, two trillion dollars
in deficit spending. All we're only forty trillion dollars in
the hole. There's a plan out there that again, for

(02:35):
whatever reason it may be, geez, you can't get any
of the major media outlets to talk about it, barely
find it anywhere. It's by actually a member of Congress
that she's actually does his job and takes on the
powers that be, and that being Rand Paul, son of
Ron Paul. Again, I wanted Ron to be president. I

(02:57):
wanted Rand to be president. Like I said, I don't
win when it comes to politics ever. Anyway, Rand Paul
has put together a plan. Check it out. It's his
six penny six cents plan thirty seven trillion dollar deficit.
He wants to subtract six cents, six cents, six pennies

(03:25):
from every dollar the federal government spence is that? What's
to ask? Think about that? Could you do that? Could
you do that with your household budget? Could you do that?
Could you cut six cents of every dollar that you spend?

(03:45):
We do that. Our budget will be balanced in five years.
He's put that to the floor and both Republicans and
Democrats voted down. He ain't never hear about it, though,
oh you never hear about it. Doesn't make the news
you don't see these votes, it'll pop up on social

(04:07):
media feeds or anything like that. Why because both it's
a uniparty. Both the donkeys and elephants have no desire
whatsoever of reigning in the fiscal mess that is our
budget watchdog on Wall street dot com.