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The logic at face value, the upper bound impacts, it's rounding error in gdp growth and the fundamental logic, we need to take off the table the large deficits which will mean higher interest rates so they can spend and do higher investment. they are the only sector that has the financial wherewithal to spend heavily. households are strapped and governments are broke. this is the number one objective. so this is the right thing to do. it's tiny in the picture, $15 trillion economy and the notion that doing the right thing in this amount will harm us is misplaced. >> i think restraining governm...

On 15 trillion. >> $500 million, 14 trillion, that will help. >> it's insignificant. >> it's a rounding error. >> i'm in a bad mood this morning. >> we're not letting democrats off the hook because nancy pelosi -- >> they've awful. >> and democrats were reckless when it came to social security and medicare. i'm saying -- >> they're trying to rope-a-dope the republicans. >> don't tell me you're going to fix the debt problems, don't go on sunday shows or "morning joe" and saying you're going to fix the problems but stay away from pentagon spending, keep the war going, don't touch medicare, don't...

Live from washington. >> liz: did you hear about this? while millions of americans are struggling to pay the mortgage and rent, nancy pelosi is renting a new office in san francisco for just under $19,000 a month. it turns out to be quarter of a million every year and yes, u.s. taxpayers are picking up the tab. this makes your blood boil. >> you have no idea. almost $19,000 to make her office green? are you kidding me? the disconnect between washington and main street is growing bigger and bigger. we're probably paying for her botox, too at this point. we don't know because they just put thing...

To work -- aimed at getting americans back to work. will it make a difference, not aconcluding to john bane efrment -- john boehner. >> it is outrageous and is another example how they continue to rampart san legislation through the house, without the transparency and accountability the american people expect. bill: from yesterday and now, neil cavuto, the anchor of "your world" and the managing editor of business news and fox business network and the bill, $15 billion -- and didn't garner a headline, what kind of a world are we living in. >> like a rounding error, 15 billion, please! i lose i...

The government has reduced spending on foreign aid this year from 0.7% of national income to 0.5%, due, it says, to the seismic impact of the coronavirus pandemic on the economy. it's a cut of almost £4 billion. in response, a group of 28 rebel conservative mps and two former prime ministers, theresa may and sirjohn major, have promised to back an amendment to a bill being voted on in the commons today. this would reverse the foreign aid cut next year. the amount of money we're talking about here is i% of what we spent last year, rightly, tackling covid. and i%, in the treasury's books, is pr...