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Sunday Morning Futures With Maria Bartiromo

the motion yesterday despite the bill's passing, and she will join us live coming up many just a few moments as the bill sends $60 billion to ukraine, $26 billion to israel, $8 billion the taiwan and the indo-pacific along with humanitarian aid for gaza all in the face of a $34.6 trillion national debt in america. it is headed to the senate floor for the vote on tuesday. of joining me now ahead of it in this "sunday morning futures" exclusive is texas senator ted cruz, a member of the senate foreign relations and judiciary committees. senator, thanks so much for joining us. >> good morning, maria. good to be with you. maria: what is your expectation for the foreign aid bill once it reaches the senate on tuesday? if. >> well, as you noted, we're going to take it up this week. i think there's a lot of support for the bill in the senate. i think think it is quite likely to pass when it comes over on tuesday. look, there are elements of this bill that are good, there are elements of the bill that are not so good. the most important elements of the bill, the best parts of the bill are, number one,

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Sunday Morning Futures With Maria Bartiromo

the motion yesterday despite the bill's passing, and she will join us live coming up many just a few moments as the bill sends $60 billion to ukraine, $26 billion to israel, $8 billion the taiwan and the indo-pacific along with humanitarian aid for gaza all in the face of a $34.6 trillion national debt in america. it is headed to the senate floor for the vote on tuesday. of joining me now ahead of it in this "sunday morning futures" exclusive is texas senator ted cruz, a member of the senate foreign relations and judiciary committees. senator, thanks so much for joining us. >> good morning, maria. good to be with you. maria: what is your expectation for the foreign aid bill once it reaches the senate on tuesday? if. >> well, as you noted, we're going to take it up this week. i think there's a lot of support for the bill in the senate. i think think it is quite likely to pass when it comes over on tuesday. look, there are elements of this bill that are good, there are elements of the bill that are not so good. the most important elements of the bill, the best parts of the bill are, number one,

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CNN News Central

still far apart, but talks continue. today house republican negotiators are at the white house squaring off trying to reach a debt limit deal to prevent a default and a potential global economic catastrophe that could come as early as june 1st. right now markets are being impacted by this disagreement. the dow is down some 275 points. both sides have called talks productive, but they've also given bleak signals and a wide gap still remains over spending cuts. i want to take a step back and look at the u.s. budget. what our government is spending money on. that number for 2023 is $4.6 trillion. but there's one specific part of that budget in particular we want to zoom in on.

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Tucker Carlson Tonight

yes, we spent a lot of money because we shut down the economy. there was about $3.4 trillion that trump spent. but since then, when the pandemic began to calm down and when we should've gotten out of all of this extra spending, biden came in a double it up. he spent $4.6 trillion of extra spending -- not the total but the extra spending on top of what we normally pay to handle the bills of the government. you can't do that without an effect and the effect is inflation. it's not just biden. i have to put the finger on republicans as well because they went along with him with the infrastructure and bill, a trillion dollars, and the chips bill which was essentially a chinese production idea, following their model of industrial production that emanates from the government. republicans have a share of blame. but just say as biden does now that with republicans we get even more inflation is

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FOX Friends First

tell us what the rate height means for folks at home. >> good to see you, carley, good to be on. the d.c. military policy talk for average american of whom i am one. the government has been spending money it doesn't have and the second thing it has been doing is issuing bonds, securities and a third thing we can't do in our households which is great money. my wife and i say to our kids money doesn't grow on trees. the feds have been making $4.6 trillion and i have been saying and you have been saying for a couple of years that will come home to roost. that is what we are living through and this is the bottom line, carley. the federal reserve has to act swiftly more than yesterday. and faster than what they are saying. otherwise we will live with inflation for many years if not the better part of a decade. >> carley: i was also reading this will, of course, increase the borrowing cost on everything from mortgage rates to credit

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FOX Friends First

inflation our country has seen in years. >> cheryl: this was baked in and you saw market reaction yesterday, had a strong day. as expected, the fed did raise interest rates by half a point as soaring inflation continues. press conference, fed chairman jerome powell saying more rate hikes are on the way. >> inflation is much too high, we have tools we need and resolve it will take to restore price stability on behalf of american families and businesses. raised policy interest rate by half a percentage point and anticipate ongoing increases will be appropriate. >> cheryl: dr. kevin roberts reacting with both of you last hour. >> my wife and i say to our kids, money doesn't grow on trees, the fed has been making money grow on trees, 4.6 trillion dollars. that will come home to roost and

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Fox News Live-20220108-17:20:00

to be made for the democrat candidate? >> look, we've had 4.6 trillion dollars of extraordinary spending, unpaid for spending as a result of covid. most of that was signed into law by trump, a smaller portion was signed into law by biden. and this station, you can blame biden for inflation, you can blame trump for the inflation. the fact is neither is applicable. we have inflation in germany, france, britain. our inflation is a tad higher than the average for the other rich countries in the world. they don't have trump, they don't have biden. they do have covid. this thing has disrupted the world economy. it's made it tough all over the world and only in america would we think it's all about us. it's not. it's about the virus and it's affecting the world. griff: and hopefully it gets better. congressman brad sherman, we look forward to having you back closer to the midterms. >> thank you. griff: and sending migrants

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The Story With Martha MacCallum-20220117-20:09:00

to cut and save. you had some numbers earlier from the committee for responsible federal budget. i got some treasury department numbers. you can see the differences in the top-line numbers. committee for responsible federal budget has identified 5.7 trillion in covid spending. the department of treasury at the end of november -- this data is six weeks old -- which should be up to date, but the fact that they could only do it periodically, $4.6 trillion in appropriated spending by congress for covid. $4 trillion is obligated. that is to say they have assigned to it somebody to spend. $3.5 trillion has been spent. so we have 1.1 trillion that is unspent money. we have 600 billion that are -- that is simply not yet spent. even some of the obligated money, the $4 trillion of obligated is like michigan. yesterday michigan reported that

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Americas Newsroom With Bill Hemmer Dana Perino-20220324-14:55:00

to help with covid but much of the money went to projects which don't have anything to do with health. millions have gone to a ski resort in iowa, to the yankees farm team in upstate new york to renovate their stadium and coronavirus cash covered debts at an institute in boston named after ted kennedy. gop members say congress should redirect existing coronavirus funds. >> 1.9 trillion and 1.5 trillion are extraordinarily large numbers. >> the administration says congress needs to act. >> further congressional inaction will set us back, leave us less prepared and cost more lives. there is no time to waste. congress needs to act. >> this comes as inflation balloons and gas prices remain

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New Day With John Berman and Brianna Keilar-20211221-13:16:00

perfectly honest. joe biden was elected as a transitional figure, not a transformational one. we all know that. i think this has been a complete and total misread of the mandate of this election. it was not to go big. and i think they should have focussed this bill much more from the very beginning, rather than doing ten things as joe said, they should be focused on one or two things, and do them well. i was being generous when i said $1.75 trillion. according to penn wharton, it is more like 4 to $4.6 trillion when you look at all the slights of hands in the budgetary gimmicks deployed here. i think right now you -- i know that i think susan collins and others have been interested in talking about paid family leave. why don't they start having that conversation with some republicans. i know there is some interest in that one. there might be -- i bet there is probably some agreement on the child tax credit. but it is going have to be much more targeted than it is right now. but what if they begin having the conversation, the decision was made to do this on a partisan basis early on, unlike the infrastructure bill.

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