winning economist milton mr. friedman and his wife were advocates of free market principles and limited government intervention in the economy and social policy. then at 8:00 p.m. eastern on any of houston political science professor, brandon rottinghouse on presidential scandals and how reaction to them changed over time. and at 9:30, we look at the president's roots with his law practice to the white house.■y!a and at 10:30 p.m. eastern on

c-span 2. hear from presidential candidates making speeches. goog to you. you can start calling in now. the nation's national debt is $34,047,096,000 and counting. that's usdebtclock.org. we're asking you how and which party you trust to lower the national debt. as you're calling in, here's the headlines from "the washington times" today. the senate floor, chuck schumer before the final vote on that legislation. [video clip] >> we have good news there will

not be a shutdown on friday because both sides worked the government will stay open, service will not be disrupted and we avoid an unneeded disaster. we worked into the evening to work this agreement so i think everyone for their good work. we stayed up negotiating amendments and timing. thanks to both sides working together, the senate is passing this cr with enough time for the house to take it up today and send it to the president's desk well before the avoiding a shutdown. this is good news■b for so many who would have felt the sting of a government shutdown. i think my colleagues for their good work. it is precisely what americans want to see.

both sides working together and governing responsibly. chaos, no spectacle, no shutdown. host: that was chuck schumer yesterday with the final vote 77-18. in the house it was 314-108. more democrats than republicans voted support that extension. one of the members who voted against his chip roy, the exas. [video clip] >> i spent a good time going around the country iowa, as new hampshire, spoke to thousands of americans and not one of them said please add more money to the dead.

bt. keep have that that is precisely what we are doing. kicking the can down the road. it is what we do best in this chr.it is why the american peope are so frustrated with the swamp. .5we are sitting here doing the same thing again. it is groundhog the time, every day. spending money we don't have. host: one of many members who talked about the national debt. we are asking you which party do you trust to lower the national debt? 34 trillion and counting. these are the phone numbers for democrats, republicans and

independents. we start on the yrepublican lin, good morning to you roy. vcaller: i don't trust the republicans with the dead. even though i'm on the line for republicans. host: usa today with the chart

president has increased the national debt by 2 trillion at thi point but

former president donald trump contributing 8.2 trillion. barack obama 8.3 trillion it was george w. bush with 6 trillion. ■÷this is william out of ohio on the independent line. caller: good morning. the democrats do a lot better on the national debt than the republicans. donald trump 8 trillion in four years. i think the democrats have a much better chance than the idiots that were in their four years ago. caller: good morning, i thank

you for allowing me to express i think it is the republicans. when the past administration was in office he hired his daughter and son-in-law to come in the white house and they are collecting money. he gave the rich a bunch of tax breaks. biden has not hired any of his relatives to come in and help him. when trouble hires his daughter and son-in-law and relatives, they get quite a bit of money for spending a year or two in the white house. host: king of the trump administration more than 8

trillion added to the debt. in terms of covid relief and executive orders during covid that contributed 3.6 trillion, accident spending laws 4.8 trillion. executive actions 10 billion added over the four years of the trump administration. this irk, a republican out of maryland. caller: good morning. i don't think either party has the guts to solve this. this is a huge problem that is going to take all americans to and i don't think

politicians have the will to do that. host: do you think america has the will? caller: i don't think they have the will therefore i don't think the politicians have the will to ask them to sacrifice. this problem threatens their ns this national debt is a very serious problem in american peopleir politicians to try and solve it. i am glad you brought up the point about donald trump. over 50% of its additions were due to covid. the biden administration has really because they have added to trillion to the debt every year that they have been in this their deficits have been running 2 trillion where trop

was running between 600-$800. that is a huge difference. ■i wish they would start to sole this issue■. spending and raisis and social security is a major issue in anyone who has life savings of over 2 million should not be receiving social security. host: the deficit accumulation over time is 34 trillion and counting. this is steve out of galveston, texas.

caller: good morning to you how are you doing today? host: doing well. caller: both parties have betrayed the american people taking our tax dollars and sending them overseas and they have forgotten about the american people. both parties want to spend money like there is no tomorrow. they are both guilty and we needed a new party completely because these guys are absolutely corrupt. the only thing they think of this other countries and not us. host: we have rate in pittsburgh the question this morning, which party do you trust to lower the debt? caller: i don't believe the

national debt can be solved by cutting. nobody knows what one trillion really means they can't comprehend it or get their heads around it. if you lend me a trillion in my page you back one billion a day how long would it take to pay you back? host: a thousand days. caller: three years to pay back a trillion dollars. how can we expect the government to give us stop far? the scope is too big and people don't understand it. it's just a number to put on paper to scare everybody. host:■pdé if we can't cut ourses

out of this do we bring in more revenue? caller: the scope is too big it doesn't mean anything is just a paper money. -- paper number. like i said, it's a number they put out there to scare people. i have heard about the national debt and how it will hurt our grandchildren and great-grandchildren i never got a bill from the government saying you need to pay back your national debt. it's just a it's just like the border and everything else. it's just a talking point and it doesn't mean what people think it means.

host: that's heart is breaking down a lot of information what information they try to break down that number is each citizen share of the dead. if you broke it down by each citizen it would be 101,000citix papers it would be 154,000 from every taxpayer to break down the debt. federal spending is 6.3 . the biggest budget item medicare and medicaid coming in at 1.7 trillion. there are more numbers we can go

through but those are just some of them. we ask you this morning which y do you trust to lower the national debt? caller: good morning. neither party is going to deal with it. i am 80 years old and that's all i we have to pay off the dead. like the gentleman said a couple of calls before me. they don'rei have called my cone and senatorshost: do you think n

public cares about that number? caller: they talk to us like we're stupid. it's just another payoff. that's all i have to say. host: we have charles next. caller: thank you for taking my call. i don't see it going away anytime sure. we need to cut out these rich man tax breaks. are you still with me? get rid of these wealthy tax breaks.

all this money that trump and biden were handing out. i would like to see the senators that took this money. host: when you say take the money, what do you mean? caller: they got those big loans. host: you're talking about covid relief funds? caller: a lot of people got that they were already millionaires.

everybody has paid into social security because that's not an entitlement program because people worked all their life to pay this sin. that is going to be the biggest is going suffering.'s host: this is from the hill newspaper from earlier this week ra,■c senator manchin, met romney, pushing for a new debt commission to look into this problem of the national debt.

they bring some of the same concerns about whether or the dead would iolve big because ial curity and medicare. those who claim it as a trojan horse for medicare by engaging in fear mng. secity will become insolvent in less than 10ears which would mean a cut in benefits by 24%. they are paving the road to bankruptcy of medicare. we need to preserve these essential programs. a new bget debt commission has been proposed capitol hill and this was aroposal that

came out this week■= with republican senators in the budget committee which would consist of 15 six from each party and outside members. it would require expedited consideration to move quickly and maintain a 60 vote threshold ahead of its final passage. the budget committee chairman talked about the creation of this committee. [video clip] >> i am so proud to stand with the leaders here today. very proud of the constructive dialogue we have establishein th committee. that we have been able to do

something as a start to start the process of looking under the hood of this budget and we find every way possible to create the sense of urgency in this chamber in congress. it's a big part of this fiscal commission. creating an urgency on the part of the american people. people need to understand the magnitude of this pbl and how catastrophic it could be if we don't intervene and everyone should wake up to that reality. that's a big part of this commission. with public sentiment you can do

anything and without it you can do nothing. there is not enough pressure among the political spectrum, every member of congress and every candidate ought to be asked, what is your plan? host: the house budget committee advancing that program to form a new cmission with democrats and republicans. they would look into budget issues with plans to fix debt in this country. which party do you trust to lower the national debt? the phone lines are among republicans, democrats and independent for this first hour. we have ralph in good morning.

i don't see either party reducing the debt. we have no senators that even care. just like chip roy said, they are just going to kick the can down the road. these people who have been elected are getting rich. all senators get rich once they reach the senate. host: on the commission to lower e debt, the op-ed in the hills said senator met romney, joemans the greatest threat to our

country and it is time for congress to act. caller: i also see that you put republican in front of met romney. is senator manchin really a democrat? nobody cares. they are sent. they don't feel the pain that the american people are feeling. without accountability, they never will. host: this is gregory from west palm beach florida. caller: good morning john, c-span and america. i don't believe either party will try to solve the debt.

it was increasing in the 80's and 90's. when everybody started using credit cards. i gri think one of the main rean that a certain political group mentions the debt. we started givingn-americans social security. now they want to cut out social security because the only reasoe other people other than anglo-saxon white males. host: here's a look at the national debt from the treasury.gov.

e job at 2003 and in the past 20 years we are up to 34 trillion in debt the treasury backs up tt figure with quotes about the piece where they talk about understanding the national debt. there is a picture of benjamin franklin with a quote saying i would rather go bed without dinner then rise and debt. borrowing cannot be doubted so in order to borrow on good terms it's essential that the credit

should be well established. i'm sorry, that's alexander hamilton, benjamin franklin and alexander hamilton. this is debbie, from pennsylvania. caller: the debt is to stop spending money overseas. ir share. my husband and i make 40,000 a year and we pay more taxes than the wealthy do. why don't they cut their own page? ■ry? his side we don't spend moy on our own people. we have housing problems so why is the government not spending

more on that? there are people living on the street. they have to go toces to keep warm because there's nowhere to live. something has to change. host: on foreign aid spending that's one of the strivers, it accounts for about 70 billion a year. u.s. world news report. but were talking about 34 trillion in more than 6 trillion spent every year, 70 billion is not huge. caller: that builds up over 70 years. over 20, 30 years. it is not just a yearly thing.

just don't have the right representation in washington. that's all i have to say. host: thislloyd in pennsylvania, a republican. caller: don't worry about it. we don't have a country anymore. if the media is allowed to light of the country, i don't trust the media as far as i can throw them and i have a bad back. hr 57:36 needs to be reversed. the news needs to start telling eth and people who are watching cable news network, by a computer and looi think i'm gg

my cable. the amount of the divisiveness ng her people. when i go on the internet. host: where on the internet? caller: wolves and finance. i know people who work for the district attorneys office incutd trump is unbelievable. he only wants to do well for th country and i pray for him every day as i pray for the united states. both republican and democrat. donald trump used to be a democrat but became a republican

and then everyone who hated him. i saw a video from him in 1980 in his message is not changed. people are angry, the debt doesn't matter anymore. if you want to spend money, spend money on the american pe dropping bombs and israel or saudi arabia. who cares about ukraine? nobody cares about this. take care of the american people host: this is lawrence via facebook answering this question, he says neither party. it is time to think about term

and move out the people who are not doing the people's work. xt, a republican. caller: you had an excellent calle= the last call. the united states is going down slowly but surely. i in 1952. it was the best time to be born. this is the third time i have suggested on your program that you bring in a d and explained to the american public what is plan b when we become

bankrupt? when no one will buy our treasury bonds, what is plan b? i truly believe that they are cutlass and you will not be able to get someone from the democratic party or the republican party for that matter to explain totg what is plan b? host: the number from 1960 of the united states dead as a percentage of gdp was 53% back in 1960. by 1980 it was 30 4%, 2000 close to 60% and today, the debt to

gdp is 122%. ■this is monty out of phoenix, and independent. are you with us? caller: i'm here, can you hear me? this whole thing about the national debt. as far as paying down the debt, that cannot happen for a while. deficit spending needs to be under control before you can even do anything about the national debt because you can't have deficit spending and not increase the national debt. as far as people talk about this 2untr decline, you

hear that from a lot of politicians and that is wrong. we are not in decline. there are things that need to be done but cutting taxes is not the way to deal with deficit spending. that has to be dealt with firs'd pay it down before you get rid of spending. host: what is surprise you that we are a hundred years away from when the president held down deficit spending enough where debt did not increase? it w coolidge over the

course of his presidency the debt went down by 5.4 billion. the only other president to do that was warren harding. ñnow presidents are decreasing debt by trillions. see one over one trillion was ronald reagan wi debt increasing by 2 trillion over the course of his eight years and george h w bush 1.5 trillion, president clinton one point eight over his eight years.

a .3 under barack obama and donald eight trillion over four years. caller: i get your point but this will be the last thing i have to say about it. as far as debt and deficit spending, point -- getting to the point of understanding it and the voting public really doesn't understand it. when you talk about all of those statistics, what was happening with taxes and tax because when all of that was taking place? that's a correlation i would like to see. every time there has been tax

codes we wound up with more deficit spending. i don't see how you can reduce your income even if the spending levels will remain tthere are as that have to be looked ■ebeagle, and trump talks about cutting taxes but who benefited from that tax cut? corporations are buying rental properties. my social security goes up by 2%? give me a break.

host: this is gina on the line for democrats. representative to say i would like some help and i want you to bring home theoneveryone tries e bacon and we end up with problem. s. the republican party says we need to balance our budget like the states do. state is always asking the federal government for money. when you were explaining about how much taxes we take in versus how much we spend, when they ron

you imagine more taxes we would have brought in and that would've brought the deficit down? everybody is to blame for this problem. i hope and pray that people don't do anything about our social security because it is not an entitlement. it is earned income. thank you. host: federal tax revenue 4.6 trillion and that includes income tax, payroll tax, excise tax, the federal spending 6.3 trillion. deficit of 1.7 5 trillion.

we are asking you which party do you trust to lower the national debt? caller: if we are in such a national debt why is the government growing at 47,000 employees last year? they hired 50,000 government workers last month. what about congressional budgets? they only get paid 176,000 but what about the budgets to operate? every congreown office. why don't they cut that budget? why does mr. koontz get to go to

davo's? s? they pay for their own private security? why don't you wanted this? host: member spending comes out of the appropriation bill, one of the fundih year. the fiscal 2024 request,billione branch appropriations bill for the house, senate, all of the member salaries you're talking about. that's 5 billion a year. that is its own separate budget item.

caller: why isn't there a cut? they want us to. they are talking about social security. it'sid into it. we got a 3.8 rose 4.2. to operate?ay so much f the why don't they talk about that to iowa on who's dying? ime? host: this was the appropriation bill passed out of the committee at 5.3 billion representing 263

million cut from last year's level. about 2.5% is a cut they propose for themselves and fiscal 2024. caller: aou sticking up for them? host: i'm just giving you the number here. caller: a cut is a cut. rdon the congressional side you show me that they are trying to cut but what about on the they hired over 48,000 government jobs last monththe pm private hiring to government hiring, where do you

stop hiring workers? host: there were 11 other appropriation bills. go ahead and finish your point. caller: thetting enough. host: this is john out of virginia. caller: good morning. i don't trust both have spendig problems. i heard this morning donald trump's tax cut added to the debt. i would love someone to

explain to me how his tax cuts t doesn't make sense to me. host:■■ next for michigan, a democrat. caller: i'm a jfk democrat not like a democrat today. host: what is that mean? caller: i don't trust either party but the democrats today are 10 times worse than the republicans. inics and national debt. you keep showing that chart with a lot of numbers on their own and ityou need to focus on the

important things and is not the national debt is the medicare cost. medicare is horrible and it does not work. i pay 600 a month and i don't get any benefit out of it. hospitals are allowed band-aid. 100,000 per citizen but 264,000 per taxpayer. only the rich pay taxes, the poor don't pay any taxes.

next time some liar calls and tells you that the rich don't pay taxes is the opposite. onlyich pay■ taxes, is a very progressive system. host: the biggest line■■a/x iten the federal budget, medicare and medicaid combined account for 1.7 trillion in. social security 1.4 trillion in defense spending to 850 billion in the interest on that 34 trillion is 732 billion this year. those of the four biggest line items in the budget. just about 10 is left in this verse segment. caller: thank you for taking my

call. the national debt has been going up and up and what i would love to see is a politician who tells these tax cuts will cause the debt down. they will never say what they were doing did itanother direction. back when our constitution was written, george mason said those who enjoy the fruits and privileges of our nation giveback at a rate much greater. after world war ii, when our debt was near this ratio rate w.

i know the last caller said that wasn''■w true that only the rich pay. in a way, that was the way it wasii think the tax rate is not nearly what it was during calvin coolidge or after world war ii. spending to save money doesn't cause the debt to go down and lowering taxes doesn't cause it to go down. the last president who asked people to sacrifice anything was jimmy carter and he was vilified. pull together to reduce the debt and get all the same page. i appreciate romney and manchin

trying to do the right thing but is less a population gets behind them, i'm not sure it will happen. host: do you remember that debt commission from seven years ago and they talked about the national debt incaller: yeah, ap the■ ■] earmarks and pay as you? there have been initiatives but you get another guy in there and it changes. there is one more comment i would like to make. the president is going to write some executive orders in the next president will write more executive orders may be rein] the orders of the last president. congress is complaining that the

president is not writing more executive orders which in my mind as congress is not doing their job. rather than executive orders every time we need congress to write the laws that need to be written. right now i think the border is being played as a political game. that's what needs to stop. it shouldn't be which party wins the pulpit doing right for the american people. host:oposal on a new debt commission, a national commission on fiscal responsibility and reform. formhief of staff a bill clinton who cochaired that commission along with wyoming

republican senator alan simpson . from 2011 this is senator bowlet 12 years ago. [video clip] >> i'm not going to use any notes today i'm just going to i am really concerned. i thinkq we face the most predictable economic crisis in history. a lot of us sitting in this room did not see this last crisis as us but this one is really easy to see. the fiscal path we are on today is not sustainable. this debt that we are incurring on an annual basis are like a cancer and they are truly going to destroy this country from

within unless we have the common sense to do something about it. i was with senator bob carey about a year ago and he said look at the nations current income statement and i tell you what you will see. a hundred percent of the revenue are being by mandatory spending and interest on the dead. bt. every dollar we spend on these two wars, national security, homeland security, education, infrastructure is barber road and have said that is borrowed from foreign countries. that is a formula for failure.

host: former chief of staff of bill clinton. cochairing thatmission in 2010. mary is ne democrats. caller: how are you? host: doing well. i'm an old guy and as a kid i would get bills with red seals on them. abraham lincoln needed money in the congress would not give it to them. he issued 14 million for the war. that law is still on the books.

different types of currency than what we use today. so for 10 years you could add these extra b to pay for whatevu want to pay for. and then they would gradually take them out. that would be worth looking into, you might be able to finance care for poor people or ever you wanted to do with it. host: this is mandy out of daytona beach, florida. caller: i have a couple of items i wanted to bring up. e, if thcountris going bankrupt. you should look at your assets and liabilities. how much land as the government owned that they are not using?

we could liquidate what we don't need. anyone is looked at that. another item i up when donald te tax cut it was to bring business so we would be competitive with other countries and other nations. they were setting up plants everywhere but here. the final point make, i get tired of people hearing that the rich don't pay their fair share when 50% of the pay no taxes at all. we should all pay our fair share. host: time for maybe one more call this morning's in mill valley, california.

caller: just one quick point. i think you are geographical unfair to because we have to get up at 4:00 a.m.. the $34 trillion debt number is just the debt for dummies number. the republicans established an accounting trick to hide the true debt and unfunded liabilities. we need to include that number with the 34 trillion, my final point. the pitiful reality is that every gear we they disagree

but every year they unite to pay lf billionaires who run our country. the oil billionaires, weapons billionaires and israeli billionaires. after congress pays them off, that is when the disagreement starts in the republicans say we are done. the debt is too highhe democrats try to be nice and say, let's try to give a few crabs to the people. -- crumbs to the people. >> an update on campaign 2024.

cbs news reports tim stt will endorse donald trump to be the next president, not nikki haley. the uth carolina republican ended his own presidential campaign in november. he will be in new hampshirethist of the nation primary. to read more, goo cbs news.com. >> c-span's campaign 2024 coverage continues nikki haley speaking to voters at a ray in manchester, new hampshire just four days befo the granite state's first in the nation primary. we will have live coverage beginning at 6:30 eastern on c-span and c-span.org. >> watch c-span's campaign 2024 coverage of the new hampshire

im final pitches to primary goers. it will also feature campaign analysis with new hampshire political reporters. take your calls and get your reaction on social media. coverage of the primaries on the c- now or online at c-span.org/campa ign2024. c-span, your unfiltered view of politics. >> and, west virginia democratic s at a politics breakfast cohosted by the new hampshire institute of politics and the new midland council. he advocated for term limits in congress and discussed political division and the between 24 presidential election although heaid he was not in new hampshire campaigning. this is less than one hour.

>> thank you, jim. #q