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FOXNEWS The Story With Martha MacCallum July 7, 2024



now. president biden was wrong back in december when he predicted that inflation was at its peak and said this. i think you ll see it change sooner than quicker, more rapidly than it will take than most people think. leader mcconnell is standing by. first, gene sperling. good to have you with used too. the question that comes up again and again is that the messages that we received from all left fields of the white house and treasury have been wrong. so how did you get this so wrong? well, martha, the white house and the treasury department were saying last year and i can t stress this enough, reflected the overwhelming economic consensus in the private sector, in the u.s. and other places around the world. it wasn t so much it wasn t the people were wrong with the facts that they had. it s that things happened after that that affected the outcome. so we had not just delta, but omicron. we had gas prices at $3.31 january 17 when putin first started doing milit ....

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FOXNEWS The Story With Martha MacCallum June 4, 2024 19:05:00

Had seen is that the deficit has come down $1.7 trillion. martha: that doesn t make er. you have a 70% disapproval on the handing of the economy. you re telling me you know what i m trying to do? i m trying to answer the very question that you asked. you asked about did you pull back on spending. i m sorry. that s a question that you asked me. i said we had a plan of which 1.7 trillion deficit went down. some of that was the surge of revenues from stronger growth and most of it was less spending. that s the issue that you raised. i want to raise what has happened this year. martha: a lot 1.7 trillion deficit reduction. martha: let s talk about what happens now. now there s discussion about more spending through a new version of bbb and perhaps tax increases on something that would impact a trillion to 1.3 ....

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