Page 2 - Paul Quickly News Today

You find that people -- how worried are they about political acquisitions, and in particular, what are hay worried about? >> they are very, very worried about political division and, in fact, the most stunning piece of data in our surveys that weve done with georgetown university is that people think were on the verge of civil war. people also think hat lack of respect is the real threat to our democracy and that division and polarization are a real threat to our democracy. now, underneath that ...

Something that is simply an income transfer that doesnt have any economic improvement whatsoever. so i, from what im hearing, republicans are not keen on kind of a trade. paul: and its also a huge disparity in just the cost of it, right? >> thats right. expanding the child tax credit as democrats would like is at least between $1.3-1.6 of trillion over the next 10 years, and so far were talking about trying to solve the debt limit here. this would be a budget buster in every way. paul: all right...

So it really isnt about oil. i think that the biden administration is looking for some way to break the impasse of the venezuelan dictatorship and u.s. policy, trying to return venezuela to democracy. and this is an, a desperate attempt to do that. i think its something that will fail. paul: all right. kim, theyre getting, the maduro regime is getting $3 billion in frozen assets unfrozen that are supposed to go into a kind of u.n. fund that would go to humanitarian purposes in venezuela. but its...

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Dangerous trend. paul: okay. so started at $500 per child. >> yeah. paul: now it went all the way up to $3600 during the pandemic. this is the way, of course, government usually works, start something small and grow. you dont even really have to have income to get this credit. you dont have to have a lot of income anyway, and you dont really have to work. >> well, yeah. this is whats called a refundable tax credit, so a portion of this, lets say youve worked through your tax return and turns out...

Heres south carolina senator lindsey graham on why the outcome matters for republicans. >> if its a 50-50 senate, that means all the committees have equal representation are. if its 51-49, they have one more vote than we do on every committee. it matters in terms of the judges you get. in 2024 we have a very favorable math. we dont want to be down going into 2024, so it matters how the senate is run, it matters to the future of the republican party. paul: lets bring in "wall street journal" colu...

But i think the better policy would be to squeeze them further. theres nothing in giving all these concessions to the regime and then talking about sitting down at the table. this is actually nothing there. paul: why did the opposition go along with this? >> well, the opposition wants -- i mean, the leadership of the opposition, which are the people who are going to be talking in mexico, want some space to operate inside the country. and thats good for them. but in terms of the venezuelan people...

Could never desire something western like freedom unless foreign forces were involved. so you see a lot of these insinuations that the cia is behind this. whenever a chinese wants freedom, they always blame the u.s. or cia or something. and the last part ill add that makes me not optimistic is that other countries that are faced -- that have faced unrest, you know, the philippines under marcos, even the soviet union when the east germans started to rebel, their leaders, gorbachev didnt send troo...

Should do. paul: yeah. so now the argument the democrats are make is that this tax credit has, when it was in place during the pandemic, helped to reduce child poverty significantly. and, therefore, we should want to do this on a permanent basis because, of course, nobody wants child poverty. whats your response to that? >> well, certainly i sound like scrooge, but handing people checks does alleviate some of their immediate budgetary needs, but it doesnt lift them up over the long term. it does...

And the idea that that can go through without congress approving it, i think thats very dangerous on its own. so i dont expect biden administration to win on that one. not because its bad policy, but because way they did it is so extra-sial. extra-constitution toal. paul: dan, my take on this is that the court would not have taken in the if he were going to merely uphold biden decision. what do you think? >> yeah. oh, i think thats right. at least four justices had another this, so theyre intere...