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Rep. McClintock ‘Terrified’ for Economy as Democrats Push Massive Spending Bills

Rep. McClintock ‘Terrified’ for Economy as Democrats Push Massive Spending Bills

FromThe Daily Signal Podcast


Rep. McClintock ‘Terrified’ for Economy as Democrats Push Massive Spending Bills

FromThe Daily Signal Podcast

ratings:
Length:
29 minutes
Released:
Oct 1, 2021
Format:
Podcast episode

Description

America’s national debt has topped $28.4 trillion, but Democrats want to raise the debt limit and keep on spending. For months, Democrats have been pushing a $3.5 trillion tax-and-spend bill, but they may have hit a roadblock Thursday. Sen. Joe Manchin, D-W.Va., said he can’t support the social welfare spending package. “My top line has been $1.5 [trillion],” Manchin told reporters outside the Capitol. Rep. Tom McClintock, R-Calif., says congressional Democrats' $3.5 trillion bill would significantly harm the economy if they succeed in passing it. Although Manchin and some other centrist Democrats say they can’t support the bill, McClintock says, he “would hate to see the fate of the republic rest on those narrow shoulders.” Democrats also worked Thursday to promote a more bipartisan $1.2 trillion infrastructure bill. But McClintock says that bill provides funding to “Green New Deal subsidies to green energy companies” and other leftist priorities. The California Republican joins “The Daily Signal Podcast” to break down the state of the economy and the likelihood that Democrats will be able to pass the $1.2 trillion infrastructure bill and the other $3.5 trillion spending bill.We also cover these stories:Sen. Joe Manchin, D-W.Va., says he won’t support Democrats' $3.5 trillion spending bill. The Supreme Court will take up a case about Boston’s refusal to fly a flag representing a Christian organization outside Boston City Hall.The gunmaker Smith & Wesson is moving its headquarters from Springfield, Massachusetts, to Maryville, Tennessee. Enjoy the show! Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Released:
Oct 1, 2021
Format:
Podcast episode

Titles in the series (100)

Our daily news podcast brings you top news stories, plus analysis and insights from reporters and scholars about the state of play in America’s hottest policy debates. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.