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Just weeks after wrapping up difficult multi-year budget deliberations, council is receiving an financial update about how a financial windfall left over from 2023 will be redistributed.
the possibility of deflation long after it was clear that the bathtub was overflowing in terms of monetary pressure for growth. and so when you had both deficit policy and monetary policy pushing together, you got the kind of outcome that we've seen. and then weep caught some bad breaks in terms of bottlenecks and semiconductors, in terms of what happened with geo politics and oil. but the stronger and the sooner we act to contain inflation, the better off we're going to be. >> so the question is, how do you do that, right? so neal irwin of axios a pick your poison environment for the
comptroller general, as expressed to us by the congressional budget office and who will address these deficits before we suffer that debilitating insolvency and bankruptcy. at the same time, we need a speaker of the house who understands the difference between socialism that doesn't work in every nation that's ever tried it and free enterprise and capital that does work. this that's what grows the economy. john, if kennedy believed in it and it worked. ronald reagan believed in it and it worked and it reduced revenues that helped decrease the deficits. i want a speaker who will fight for the economic model that works for americans rather than fails for america and all the countries that tried it. >> can i ask you on the policy issues you've identified there, does paul ryan meet that description? is he a person who understands that deficit policy that you want understood and do you think paul ryan is anti-socialist enough for you? >> paul ryan has made headway on
tried it and free enterprise and capital that does work. this that's what grows the economy. john, if kennedy believed in it and it worked. ronald reagan believed in it and it worked and it reduced revenues that helped decrease the deficits. i want a speaker who will fight for the economic model that works for americans rather than fails for america and all the countries that tried it. >> can i ask you on the policy issues you've identified there, does paul ryan meet that description? is he a person who understands that deficit policy that you want understood and do you think paul ryan is anti-socialist enough for you? >> paul ryan has made headway on the budget deficits. if i recall correctly the first budget he proposed when i was elected after the 2010 elections, sworn in in 2007, would have balanced in 26 years if my memory serves me correctly. that's not fast enough.