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With this spending proposal. progressives have said that it doesn't go far enough. civil rights activists pushing for action on student debt cancellation saying that that is a big important factor in advancing racial equity, neil. >> neil: thank you for that, jacqui heinrich in washington. speaking of washington, a tough time when they found out that the fed was able to trace that bitcoin ransom that colonial pipeline had paid to hackers who had somehow crept in to the network along the pipeline. so that seemed to be good news, that they got a lot of the money back. a lot of people that invest...

Come. who to make of it all. jacqui heinrich with the latest. >> good afternoon, neil. i have a bit of breaking news. i just confirmed that the infrastructure talks between the group of gop senators and the white house has broken down. the president walked away with the talks were completed in good faith. moving on to the spending on the hill. the big price tag that came into place is just the amount of spending that the president wants to do. you can ask any republican on the hill about the $6 trillion spending proposal, the budget proposal. you'll hear two words. you'll hear debt and inflati...

Trillion budget we expect to get from the budget tomorrow. "the new york post" editorial board frames it this way. it says it will radically reshape and bankrupt america. it's an eye-popping $6 trillion budget proposal for 2022. he needs to permanently enlarge the federal government and to lock in internal democratic control of washington. >> look, you had a nice guy who campaigned as a centrist and now he's a nice guy who is governing as a far left progressive. you see that in this budget. you see massive deficits and debt as far as the eye can see. it's going to crowd out investment. it's go...

Out of an economic rut and put the economy back on track and without it the economy would remain stagnant. that's their argument. >> bill: it grows on trees. thank you. >> dana: if only that were true. let's bring in former new jersey governor chris christie. you have to have some thoughts about the spending proposal. the "new york post" calling it hog wild. there is a lot of money they want to spend. do you think we need it all? >> well, we don't. and people can spend their money better than the government. the bigger point. it is joe biden's untruthfulness to the american people during his c...

Don't stand up to just minimal scrutiny, there no way that warren's wealth tax for example, will generate the kind of revenues that are needed to finance the outlandish spending proposal she made, beyond, that they would destroy our liberties, destroy our incentie to produce, they would cause as collapse of our economy, we have to make that point to young voters, in the book i try too explain now capitalism is more compassion at if you look at results and consistent with human nature. because we're made in god's image to be free creatures, socialism is about government control, the left believ...