tv Washington Journal Open Phones CSPAN May 24, 2023 1:41pm-2:02pm EDT
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>> american history tv saturday exploring the people and events tell the american story. 7 pm eastern we will be washington looking like here instead years ago with this is that it is kate scott 9:30 on the presidency is three and richard talks about his latest book and ordinary man is a long look at the life of president gerald ford the assessments of man and his presidency exploring and story, saturdays on c-span2 fight off schedule on your program guide or anytime and c-span.org/history. >> book tv every sunday features leading authors discussing their latest
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nonfiction books 2 pm eastern design mom.com founder gabrielle blair shares her book ejaculate responsibly where she argues that they should focus more on the e and in preventing unwanted season p.m. fox news column is that the man now offers leftist ideology pass along to today's young people through education, entertainment and culture. what book tv every sunday on c-span tv or watch online anytime and booktv.org. >> where back on washington journal. we want to get to your calls on democrats 20 274-8000, republicans 202 748-8000 one hundred two 48 8002 there's a lot of news going on today in
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addition to the debt limit we know that florida governor ron desantis expected to make his presidential bid official today and an evening chat with elon musk on his social media platform where is expected to happen later this evening. president biden will mark none year since the school shooting in uvalde texas in remarks at a speech on the house n. around 3:30 p.m. today. then you can look for that speech and also at 10 am, the house oversight and accountability subcommittee will hold a hearing on proposals to regulate gas stoves in houses. watch live coverage of
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c-inaccurate starting 10 am eastern on c-span2 as well as our mobilevideo or online . at 2 pm the house ways and means committee is pulling a hearing on social security administration's role in combating identity fraud. that will also be on c-span2 so a lot going on but again, right now all eyes are focused in washington on those ongoing discussions between the biden administration and house republicans on raising the debt ceiling and what we think could be the nation running off as soon as june 1. we want to hear your thoughts on the issue of mass is up first, democratic line. you are on. er>> i just want to comment two
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things about the debt limit. number one the previous ev congressman is very, well he's following that george santos playbook of lies and half-truths in terms of tax increases. he said we can't tax businesses as the democratic party is trying to raise taxes. i think the primary idea of wealth tax over $100 million idea with the low quality we have in this country. there are ways to tax this country all businesses the fact that is only focused on that one tax shows they are disingenuous and my second point is in terms of the 14th, the 14th amendment was created by congress so they never eat all on the deck it is a congress passed an amendment to the constitution
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. if the congress tries to default on the debt that is d in the president's power to follow the constitution and not default on the debt according to the working solo congressman says 14th amendment, joe biden" it is not constitutional, the congress says in that they will not default on the debt we assess is a arsenic of republican brinksmanship saying we're going to destroy the economy and your pensions and your retirement plan if we don't get people to not get food stamps forfour people to lose benefits . i think a lot of us are sick of that so go bad thjoe line, invoke the 14th amendment. >> jamaal is on the republican line. >> good morning, thank you for taking my call. i enjoyed watching.
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i really was hoping to be on with your next guest to directly asking thisquestion in reference to the debt ceiling discussion . my whole thing about the whole discussion about the debt ceiling thing is that no one's discussing where the actual balance is. how much money do we actually have? that's very important in a financial discussion, how much money you get there's no discussion about that i think this question needs to be communicated to your next guest if you would i would appreciate you asking him, money we have in the federal reserve and when he consider taking that into account before any discussion or move
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ahead. >> host: jamaal, george is now calling from english missouri line. >> caller: hello. i just think this debt limit is a ridiculous mechanism. i don't think we should i have a debt limit. we should limit our debt, but we should do it with negotiation between congress and the president.pr the debt limit i think is just extortion to refuse to raise the debtlimit . so i just think the debt limit is gone thing to have in our government. >> host: george in st. louis. let's go to the democratic mine now, michael is calling
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from chester maryland. >> caller: on the debt limit, i'm thinking about what the debt base is if they would get off their tales and raise the minimum wage each dollar they raise the minimum wage with increased the amount of money brought in in taxes and my east, the money brought into social security and medicare to be increased so that with rocks the pressures on that too. that's my thought and i wanted to bring that up to the previous gentleman because north carolina which is next to a state that i'm moving to ask for $7.25 minimum wage that hasn't changed since 2009 so that's my thoughts and please pass that on and bring up the numbers that the minimum wage was raised in the money brought into the coffers of our governor.
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>> host: let's hear from rob calling from alabama, republican line . go ahead. >> caller: default threats are garbage. they're certainly not true we bring in enough in revenue to pay the debt, to maintain the debt. we don't pay anything on the debt, we're simply servicing the debt that's what the 14th amendment says, the debt must be paid. not every wage of every government employee, the net must be paid. that means that congress has control of the verse pays the service on the debt 14th amendment has nothing to do with what is expended over
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the year accept paying the debt which we have enough revenue coming in every day to the federal government to service the debt so there is no default. we may have to stop paying for programs but there is no default so that an outright lie . what we need to do and the reason this has become an annual problem is because this is the only way we can get any cuts in federal spending. there have been two times in history that our national debt has exceeded our gross national product those times are world war ii and right now. our national debt exceeds our gross national product for the second time in history and is not because we are a major war like worldwar ii
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but is because we are spending too much money . on things that we don't need. >> host: we been talking about the 14th amendment bringing up this article in the hell that says the white house says 14th amendment all the current debt ceiling standoff on remarks white house press secretary corine johnson gave yesterday let's watch what she had to say. >> anymore discussion of the 14th amendment ? >> the president has been clear is not going to deal with the problem that we are currently having at this moment. but we what we need to focus on his congress acting as congress is doing their constitutional duty. >> host: that was white house press secretary corrine
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jean-pierre ruling of the 14th amendment. this is also a shot by the im washington post. it says and read it here some of the biggest expenses the country may not be able beto pay in the first week and a half if the treasury runs out of reserves starting june 1. if that debt ceiling is reached june 1 it says that first day there could be 10 billion in military pay in retirement and federal payments that may not be able to be made, $12 billion in veterans benefits and 47 billion in payments to medicare providers by june 2 25 billion in social security benefits, by monday, june 5 one in snack food assistance
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benefits and it goes down more, medicaid reimbursements to states, individual tax refunds and on. this is the chart from the washington post about what payments could be missed is that debt limit is reached. let's get to more of your calls on the issue. in baltimore maryland on the line. >> caller: i like c-span. where into apseudo-capitalist country anyway . you know what you're going to balance its budget, there's no way everybody's got hand and i. there's no way you can . second of all you take in the snap program and republicans and the snack program and medicaid and this that you're cutting the veterans and social security you're going
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to do it but the sad thing is is no way you can stop this. a snowball rolling downhill, that's all i've got to say . >> host: i want to read text messages we receive from our viewers. this is chris in illinois who says this is just another: a crisis intended to keep people fighting distract from and i the democrats were gop meeting perpetuating their usual sprinkle on the us concerning their large dollar donors when the debt ceiling is adequately raised party politicians will provide another actually contentious but somehow never actually resolved prices for americans to argue about this is from denise in this access at the
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polls join the people will blame in this manufactured crisis is not productive at all. blame doesn't matter when we end up disaster let's go back to the phone lines now. robert in spring lake north carolina, democraticline, what are your thoughts this morning ? >> caller: i am a retired veteran intercourse you talk about the debt but we never hear anything about the debt that other countries over us. other countries, why can't that money come right back to pay off our national debt? again, we never hear anything about other countries that show us and will you please
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ask the next representative onsomething about that? >> host: let's go to joan in kansas city missouri, independent line. >> caller: good morning. i believe the debt ceiling should never be tied in with the. those are two different things and i'd like you to ask this question, i wanted to ask is tumorthe unit asked it to your democratic, i can't remember you said . why and when did they start tying in little things too much into the debt ceiling? because that has already been starting. >> host: i'll make a note of that joan, we have
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representative larkin coming in a few minutes. i want to bring up more video . this is mhouse majority leader steve scalise and he was asked if he believes janet yellen's prediction that june 1 is the default date deadline, let's watch. >> a lot of them don't believe the june deadline is the art deadline. do you believe that deadline, do you thinkof the numbers . >> we take you live on identity fraud in the social security this house subcommittee hearing is live on c-span2.
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