the physical response ability act. the house wants to break it by cutting spending more and i totally understand the impulse but we already have a deal that is causing more chaos. the senate wants to break it by making the fiscal years of the ability act and adding more spending on top of it. that makes absolutely no sense. i think we need to agree that a deal is a deal, past the appropriations bills based on that and then keep fighting for more spending cuts going forward. >> mark old-line, with the committee for responsible, go to their website, crfb.org to find out more information about spending. mark goldman, thank you very much. >> think you for having me. >> testifies on security failures that occurred on january 6th, 2021 during the attack on the u.s. capital. he testifies before a hostile ministration oversight subcommittee live today

beginning at 3 p.m. eastern on c-span3. c-span now our mobile app and online at cspan.org . c-span has your unfiltered view of government. we are funded by these television companies and more, including cox. giving you a front row seat to democracy. >> steve morton, no stranger to c-span viewers, offer, colonists, senior economist at freedom works. you are an economic adviser for the trump campaign back in 2016. do you have any role in any of

the campaigns the season? >> yeah. i am working with president trump and the 2024 campaign. it is a long way to go. obviously, as he has to get through this primary and the general election but it is really the honor of my life to work with trump in 2016. it is exciting, as you know, working on a presidential campaign. we will be fulfilling that same role with a lot of people. his chief economic adviser, arthur, he's got a great gang of economic advisers. trump -- i would have to say this. trump understands the economy very well having been a very successful businessman. i found that he had the street smarts and we had the more academic abuse with the economy. >> do you think he is talking about the economy enough on the campaign trail right now? is there space for him to talk about the economy?

>> that's a great question with the fact that he's facing foreman is five indictments. 500 years in prison. we put together a lot of documents showing the case for are you better off than you were four years ago? for the vast majority of americans who ask you that question its no. not financially with the high inflation, with the troubles we have had with the economy, we are now looking at when trump left office, the research interest rate was 2.9%. now it is over 7%. the inflation rate was 1.5% when trump left office. it hit 9%. it is closer to 4%. we think if you put side-by- side the biden economic record versus the trump economic record, that is a strong point. >> president biden, over the labor day weekend was talking about the economy quite a bit. he was on a visit to pennsylvania. this is about a minute of what he had to say about the economy. >> a 13,500,000 job just since

you got me sworn in in january of 2020. >> 800,000 new manufacturing jobs. you wouldn't know. we are getting through as one of the greatest job creation. in american history. for real, that is a fact. you know was not that long ago we were losing jobs in this country. in fact, the guy who held this job before me was one of two presidents in history. he left office with fewer jobs in america than when he got elected office. by the way, you know who the other one was? herbert hoover. isn't that kind of a coincidence? we are turning things around because of you. when the last guy was here, shipping jobs to china. now we are bringing jobs home

from china. when the last guy was here, your pensions were at risk. we helped save millions of pensions with your help. when the last guy was here, looked at the world from park avenue. i look at it from delaware. >> that was president biden on monday. that is a very different economic that he paints than what you were just talking about. >> it sure is. there is a lot of smoke and mirrors going on there. we were really proud of what we accomplished with trump's administration with respect to the economy. the people forgot on the eve of covid. and covid really did change everything but we had the biggest booming economy ever. look, we shut down the american economy. i think that was one of the greatest mistakes in american history, what happened during covid. both from an economic and

standpoint. we now learned that lockdowns were of complete failure and let's just pray that we never lock down our economy again. when we locked down all our businesses, the government shut down our businesses so we lost $15 million. of her but he remembers that. every member that. monday is going to work in the next day, i'm not going to work because of having a shutdown. if you look at biden's records, 90% of those jobs that joe biden was talking about. that is a bit of

you have been on this program this year. you have talked about your concerns. do you think it is part of the economic picture today? are we heading for a recession in the next 12 months? >> this is a recession right in the corner. remember, at the end of 22, a majority were going to say that there was going to be a recession. they said it wasn't inevitable. the action had picked up a little bit, thankfully. i want these workers to be as

successful as possible. there has been a pickup in the economy. the job market really is strong. we are out there right now. they are looking for jobs. >> this is what i would say. there are not enough jobs right now. we need to get the american workforce field so that they can do those jobs. the problem is, he borrowed $6 trillion. that was completely unnecessary. that was financially reckless. people have to understand, and we spent $6 trillion on programs, and the other welfare programs, et cetera. what happened, as with all of that, it was not helping people with that in debt style of

money. it was more reserved at raising interest rates. 10 or 11. i forget the exact purpose. we are setting a huge increase. we are looking at high inflations. 22-24 months, american incomes are falling behind the rate of inflation. that is a $4000 a year average. it is more poor. president joe biden, has to explain that. >> he is with us for the next 35 minutes or so. republicans, 8001. independent, 202478 8002. working with the campaign in 2016, we have another senior economist as well. they are reminding them what freedom works is. >> this is an activist group.

it is considered with free- market orientation. we have 5 million members around the country. also, i am a senior fellow. i wear many hats. >> that is exactly right. we have got to get our nation's finances in order right now. did you see the washington post story that is front page? the national debt this year went up by another $2 trillion. this is supposed to be in economic recovery right now. you mentioned that cspan, had scores of time. when i first came to washington, i was looking at my hero. it was the entire national

debt. the debt from the country was $2 trillion. this was every year. we were looking at independence. this was different from 2023, according to the washington post story. it is expected to be $2 trillion. you can see the deficit from the past couple of years. washington post.com is where the story was. a lot already. j, and mississippi, republican line. good morning. >> hello, how are you doing? let me ask you a question. what are you going to do when donald trump gets back in office? how do you think this economy is going to be kick started again? things are already in pretty bad shape. you don't know where to go.

things are in a mess. i told them before, when i called them one time, just call him. they are getting down. >> was the first thing you do on the economic front? what do you do after he is sworn in? i think the first one is a good question. the first thing we would do, would be to restore the energy superiority. what is going on right now with energy policy, it is catastrophic. when he left office for the first time, and in any of our lifetimes, no matter what your age is, unless you are looking at yourself, the first time that he enters it, we actually became the most dominant producer of gas in the world. we have a war on american

energy. the price of oil is now part of the international markets. i don't want to be the bearer of bad news. at $90 this meaning that we are going to be paying $40 at the gas pump. i don't think that russia would have ever gone into ukraine if we had energy and superiority. we can forget that. no country in the world than the united states does. we should be using it as both an economical, but also the national security tool. we are trying to get oil from countries like saudi arabia, and venezuela. russia, of course, is a major oil producer. they just announced that they are cutting production at 1 million barrels a day.

>> let's go back to being the dominant country in the world. how would a different energy and policy get that going? >> they don't have an economy to speak of. this is how they get their money. in less recent days, president joe biden, again announced that he was going to pay for millions of acres . this is crazy. we are trying to surrender it. that is what happens.

we are trying to look at it way up hurried that was another sense of funding. we had another military machine. we all want the freedom fighters to send him billions of dollars. we are trying to produce more energy. >> president joe biden's administration, is looking at all the different acreages. this was part of the wildlife park. donald trump, has looked at it. i have actually been up there. it is a massive amount of land. i was just looking at that to be sexually true. >> good morning. you are on the speaker.

>> good morning. i'm curious what people here are telling the truth. i would want the people to come out here from here on out, and just swear they are telling the truth. that is all i would like. thank you very much. >> are we looking at the washington journal? >> we don't want to reach about that during the show. i'm a big fan of the show. i love that. we are hearing from them every morning, about what is going on in the country. this is as factual as possible this morning. >> good morning. >> hey there. you have been wrong on every single issue that you have brought up. let me see that i am another subject matter expert. this is on real estate. you said donald trump, kept

mortgage interest rates, or lowered them. that is exactly the reason why we are experiencing a bubble right now. he curated artificial demand, and artificially deflated home prices. this is identical to what happened before we caused the housing crisis. that is number one. let me hit you with the next thing that we talked about. oil production, and gas prices. we are experiencing a pandemic. nobody was driving on the freeway. of course we are going to have an abundance of gas. it is almost childish to think that we don't realize the reason why we have an abundance of cash, is that nobody is driving. >> this is during the pandemic. >> let's look at the mortgage rates. it has gone up from less than 3%.

this is over 7%. this is a catastrophic method. if you want to buy a median priced home in america, it is roughly $450,000. somewhere in the neighborhood. if you want to buy that house, because of those higher mortgage interest rate, you are going to pay over the life of a 30 year mortgage 20 $450,000 home, over $150,000 more in interest payments. this is affordable to americans. we want americans to be homeowners. i would laugh the other day. president joe biden, says we are exploring the american rates. we hope higher inflation rates really price people out of it.

i hope we are looking at home values climbing. this is hurting the buyer and the seller. both are hurt by that. on the energy thing, if you live in 2019 before covid, then you are right. nobody is doing it down the road. this is all before it happened. the united states, for the first time in history, was producing more oil and gas than russia, saudi arabia, or any other country in the world. gas prices before covid, were much lower than they are today. >> we were in line for republicans. you are on the show. >> good morning. it is great talking with you. it is also great to have the positivity of the previous president, president donald trump, who i did work for, and

i will again vote for. we need him back. he promised us when we were doing the realities of everything of what he was going to do with this country, he gets it. everybody tries to reverse him. they are ready to have a president of the united states that was doing well for the country, and for the american people. >> do you have a question? >> it is not a question. i agree with everything that he is saying. for what president donald trump did, the day that we saw president joe biden get sworn into office, it was the worst days of our lives. reversing everything that donald trump did. >> patty, in new york.

what do you want to pick up from on that? >> what i admire about donald trump, we have a good donald trump, and a bad donald trump. he is talking about the election. i don't like when he fumes about the election being stolen, and that kind of thing. when he talks about putting america first, we know that that is exactly what he did. i want another example. we have another news broadcast from on my way over here. i remember talking to donald trump about this. why don't we make sure that all of these other countries, including europe, are providing the support for ukraine. why is it always on america's shoulders? these countries, they are right next door to ukraine. we are an ocean next-door to

them. we are helping out ukraine. i know what donald trump would say. europeans can't help pay for this. we are looking at the fair share for nato. the president before has made them do that. >> looking at the wall street journal, we have another victory from secretary yevgeny prigozhin one. we have more dollars in aid. this is all the way through congress. it is all happening. what are they looking at for the funding bills? >> this is such an interesting issue. i have been in this game a long time. this is what they called for

the coalition. we have economic conservatives. we have more foreign policy. it was much more divided. we have different issues like four. this is my position. the rest of the world has to step up and number two, we are trying to look at some kind of deal. they have different fatalities. they know that everyone can live with it. >> this is kenneth. >> i don't know if it is a

different one. they have looked at donald trump for years. $3 trillion should be distributed to covid. this is what we need. if you put that kind of passion into these countries, i think it will surprise everybody. it is not a big deal. it is in fact a big deal that we are watching $5 trillion. we are suing that because of covid, we had another issue. that is the point. it is a good point.

>> it is curious. everyone was trying to figure it out. >> i think a lot of the decisions were made. this gentleman is correct. we spent trillions and trillions of dollars on the american economy. it was the worst decision ever made. never again should we lockdown businesses, or lockdown schools or churches. it was outrage. it did not save any lives. we spend way too much money on lockdowns. the debt went up to. i was in meetings with donald trump. i was here in may of 2020. nobody wanted to get the economy reopened faster than donald trump did. there was a lot of resistance. just so people know the story, donald trump, stated what the policy will be.

what had happened was, for the most part, we had other states like north carolina, utah, idaho, and those kind of states. they opened up their economies. this included states like california, new york, new jersey, connecticut, all looking at the lockdowns. florida, texas, arizona, things like that, had a much better recovery. there was no difference in the debt rates from the lockdowns. the reason i mentioned that, this is important today. you know that we have another covid breakout right now. people are trying to figure out what to do. it this is a mild strain. i'm hearing the attack i live in montgomery county, maryland. they are requiring all kids to wear masks in schools. the evidence is crystal-clear that it has no effect in reducing the spread of virus. we can't lockdown. we can't be in favor of vaccines. we can't mandate those things.

we can never afford to shut down our economy again. >> you criticize donald trump for that, talking about the deficit, and the spending. when you said before that there is a good one at a bad one, you are telling us about bad mentoring for donald trump. >> he is optimizing the future. we are looking at these outrageous indictments with him. never before seen. it was politicized. one thing that i respect about donald trump, is that we could go to the oval office with him, and i could say mr. president, i think they are wrong on this policy. sometimes, he doesn't like when people disagree with him. he could fire me, but i didn't actually work for him.

donald trump, is very good. you can't be a successful businessman like he is, and not know how to make decisions. did he make most the right decision? yes. he just announced the other day, we had another tariff that he wanted to impose. i'm a free-trade guy. i respect the fact that i would disagree with him. i think he can be agreeable about that. >> what do you think it will do? >> i believe that free trade is good for the country. i believe if you put a tariff on it, there is a danger of triggering another trade war. free-trade makes everyone better. it lowers prices for people. one of the things i'm working on, as if we are going to do a tariff, we need to come in and pay 10% tax. i think donald trump is amenable for this. cut taxes on american producers

and manufacturers. this includes the construction project. we have technology industries. we can be number one. we can put american companies into a competitive advantage. >> good morning. you are on. >> good morning, gentlemen. thank you for taking my call. i appreciate it. they touched on what i was going to mention. this was on the economy. i talked to my congressman in a town hall before covid. it was about the national tax cuts, and what they were going to do for that. this was all neutral to the national debt. i didn't think that was happening. the debt on the last president

was up 20% of the total debt. it occurred during the last demonstration. i should be off with that number. i think we can pump it up. we did have a good year. the following year, i had to pay off the credit card. it was not too much. i just think it is ironic that we don't talk about it, when one party is in power. if we talk about it all the time when they are not. >> working on answering the question, we are looking at the visual learners. we are looking at the size of the national debt. going from over $10 trillion, ending around $20 trillion.

starting at $20 trillion from the donald trump administration. this is over the course of four years. you can see were donald trump, signs this into law. we have in the job act right here. this includes the covid pandemic. we have a large jump grade this is about having that visual. >> first of all, we have been doing this for 35 years. it is about the democratic in ministrations. the deficit keeps going up and up. from my democratic friends out there, the only president in the last 50 years, is the one that is on it. i think bill clinton, when it came to the economic action, it did a lot of great things for the country. we actually did cut taxes. we cut spending. we need to get back to policies

that do two things. i think everyone knows that. it is out of control. number two, we have to grow the economy. if we were to get back to 3% economic growth, which has been the post-world war ii average, we can get back to that growth rate. actually, we are down. we need more taxes, by being productive. on the donald trump record, i will simply say this. i feel very strongly about this. this bill, reduces the businesses. we should be able to be competitive. we should have the highest business tax rates in the world. this is a headstart program for all of the companies that we are competing with. we thought it was really cool. we told companies, if you have

money stuck in germany, china, mexico, or the bahamas, and you bring that money back to the united states, we will charge you a 10% tax. we have that invested right here. do you know how much we brought into the united states? $1 trillion. finally, if you are concerned about the deficit, which we all are, there is no comparison historically. he came into another office were covid was essentially over. they spend $6 trillion. usually, you are in a recovery from a national recovery. this is the first time in history where they have come in. they have been over for a few years. i think we have to spend down. we have to have a tax system

that is more understandable to people. >> the line is still full. good morning. >> i want to say that i disagree with a lot with what he is saying. i specifically want to disagree with the free-trade argument, and the fact that the terrorists don't work with the tariffs. i want to speak to the man from california who seems to think that we had a new development here in fredericksburg. it was right across the street from us. this started at 350. this was in 2018. they have stayed that way, until 2020. all of a sudden, now they are 7:50. we have three short years,

where the houses have doubled in value. this was all about the housing. it is skyhigh. the house is represented from all of that. it was all in the hands of the democrats. >> this is the week from fredericksburg. >> let's look how it mentioned with her. >> they are an adversary. they were looking about something in a recession.

they were looking at another ambassador. everything is fine. >> we will see about that. just like russia during the cold war, we do know what is going on in china. i think the biggest issue for america over the next 30 or 40 years, is not climate change, or stuff like that. the united states of america, this great country of ours, or china, will be a concern of ours. we need to not impose a tariff. i think it might make some sense. that made me work on their goods and services.

this is especially if you use that money. >> what advice would you give speaker kevin mccarthy, into this month? >> i don't think anybody does. this was a tumultuous name. >> here is my own position. this is what i agree with. they got the deal back. they had all of the government spending ready to go. i say we have a deal. we have to stick to that.

they were trying to look at it. >> are you going to spend $2 billion more with ukraine? it is something else. it is not a fraud, or any waste in the budget right now. it is a $3 billion green energy plus fund. >> they were adding them to the debt. we can get control of this government spending. >> we are trying to look at the misspending. >> we are trying not to affect the essentials or the systems that the americans want.

>> we are trying to run through like the hedge funds. i find this especially objectionable. this is a fun going all of the democratic companies. this is all about the corrupt system. >> independent line. good morning. >> the last thing he said, it is all about the different projects. all of the subsidies, they all go through with it. >> what subsidies? i don't know you are talking about. >> it is the windmill industry.

they were looking at all of the subsidies from the government. >> we have the taxes going from a lot of the years. >> they had all of it ready to go. we have produced the most oil and gas in the world. number one producer. why are we paying four dollars per gas gallon? >> we were looking at donald trump's policies. this produces 3 million more barrels of oil per day. the price of oil today, $85 a barrel. that means because of president joe biden's war on america and the united states economy, it is using up $250 million of

barrels a day. that is a huge loss to the american economy. we could pay down essential services if we are spending that money here in the united states. how is it going to make any sense that we are buying oil now from saudi arabia, rather than getting it from north dakota and west virginia? what about alaska and texas? we are not putting america first. that is the policy. >> this is something that we did through heritage. it will be available in the days to come. >> there with the heritage foundation. freedom works, advising the donald trump 2024 campaign. we always appreciate your time. >> check them all out over the year. >> we are testifying on security failure that occurred

on january 26 emma 2021, on the u.s. capitol. he has the oversight subcommittee, live, today, beginning at 3:00 p.m. eastern, on cspan 3. visit cspan now on our mobile app, or visit online at cspan .org. . host: the start of a new school. year, we welcome back randi weingarten, president at the start of a new school year, we welcome back president