♪ host: good morning, it's thursday, september 22nd, 2022. the house is in 9 a.m. eastern, we are with you for the next two hours on "the washington journal." news yesterday, the federal reserve is raising its benchmark interest rate once again in an effort to reduce the inflation running at near historic levels. has the stock market swooned, the fed signaled that more rate hikes are in the works.

this morning we will talk about inflation. we want to know how it is impacting your small finances. you can let us know on phone lines by income level this morning. less than $40,000 a year, the number is (202) 748-8000. if it is $40,000 to $80,000, (202) 748-8001. if you make over $80,000 a year, the number is (202) 748-8002. you can send us a text, (202) 748-8003. if you do, please include your name and where you are from. otherwise catch up with us on social media, twitter is [video clip] , -- twitter is [video clip] --@cspanwj, facebook is facebook.com/span. the lead story of course hear from "the wall street journal,"

officials see further moves at the risk of recession, that's the front page of the times. headlines there, jump in rates, fed shows it means business on inflation. usa today, the headline there is super air for the fed increase to hit your wallet and portfolio. just some of the stories from the national paper. fed rate increase and the economy, this look at the economy and why they increased the rates, this is what she had to say -- they had to say. >> the u.s. economy has slowed from the historically high growth rates of 2021. recent indicators point to modest growth of spending reduction. growth and consumer spending has slowed from last year's rapid pace, reflecting more disposable income.

activity in the housing sector has weakened significantly, in large part reflecting higher mortgage rates. higher interest rates and slower out what growth appears to weigh on fixed business investment while weaker economic oath abroad is straining exports. as shown in the summary of economic productions since june, fomc participants of markdown projections for market activity at 0.2 percent this year, 1.2% next year, well below the normal growth rate. the labor market has remained extremely tight. job vacancies near historical highs, wage growth elevated. job gains have been robust with employee employment rising by 378 thousand jobs per month over

the last few months. the labor market continues to be out of balance with demand for workers a substantially's of -- exceeding supply of available workers. a welcome uptick in august, little changed since the beginning of the year. fomc participants expect supply demand conditions in the labor market to come into balance over time using upward pressure on wages and prices. host: federal reserve chair jerome powell making the announcement yesterday about the latest rate hike increase and the state of the economy there. the editorial board of the washington post calling the latest increase a necessary people. inflation hurts, they write. so does the process of stopping it. we want to hear how things are impacting your personal finances . the numbers are on your screen again. have split the phone lines by income level this morning. take a look at those numbers and

give us a call. clementine, north carolina, on the line for those who take less than $40,000 a year. what is this near historic level of inflation, what has it meant for you these past few months? caller: being hard to pay your bills. you can't hardly pay your bills. host: what's been hardest for you? which bills and are you seeing it at the grocery stores as well? caller: grocery stores, car payment, light bill, all kinds of bills. host: what are your thoughts on the future? you optimistic? caller: always optimistic, hoping things get better. host: this is john in delaware this morning. good morning. caller: good morning. thank you for having me speak.

it's, being 35, experiencing all of this for the first time, it's a lot to deal with. host: in what ways, john? caller: you know, just being able to really save the amount of money needed for, for, for your child, for yourself, your finances. you are seeing a decline in your 401 stocks. we got to do something to, to better, to better everything. host: john, you a homeowner? caller: i am a soon to be homeowner and experiencing, you know, the high interest rates right now due to the increase. i was actually able to lock in at a lower rate, but anyone

trying to become a homeowner in this current market, in this time, you are taking a big risk. you know? especially if you rely on your income that fluctuates depending on, you know, inflation in different things. you are taking a gamble. you know? back when the parents were alive, you know, it was more sure that they could provide a home for us. you know? actually put up savings and, and, and be able to rely on it know that it's there. host: are you less certain about the gamble of homeownership today then you were when you started the process? caller: i am. until i start to see some type of, you know, united states get

into recovery mode, in a sense, i have no idea which way we are going, you know? we going to go start a war? it's uncertain. host: john, thanks for the call. home sales continuing to decline, the federal reserve aggressively raises interest rates to cool the economy and bring down high inflation levels. high prices and rising rates pushing homebuying affordability near its lowest level in decades. before the move the average fixed rate of a 30 year mortgage, which had recently risen to 6% from 4.16% back in the week of march the 17th of this year. brian is next out of wisconsin. the line for those who make less than $40,000 a year. good morning. caller: i want to give a call and tell you i'm having a really

big challenge. the apartments are not being kept up. they raised the rent already. i'm not able to get steady employment. i would love to see a change in this economy. thank you very much. host: what did they say when they raise your rent? what was the reason they said? caller: they just said the expenses were increasing so they were increasing the rent. and i expect another one pretty soon. host: if you don't mind saying, what kind of numbers are we talking about? what does it mean for you? caller: $220 they increased it. right at the end here. i'm right at the end. host: brian, wisconsin. virginia, waldorf, maryland, the line for those from 40,000 to

80,000. go ahead. caller: yes, i'd like to link inflation but jobs. the gentleman that spoke earlier. unless you are on the wto see programmer companies are getting incentives from the federal government, you can't get a job. the gentleman that just spoke is absolutely correct. if you are middle income and not on some kind of welfare, you are not going to get a job. the fact that they are inflating these numbers, like 70 job openings and not enough people is not correct because they are excluding those people who went to work. as far as housing, i was in the housing market. the interest rate is just awful. host: virginia, maryland. this is calvin from georgia.

go ahead, sir. caller: how you doing today? host: doing well, go ahead. caller: i received ssi and believe me, it is very, very tough to make ends meet in this economy. renting the house, he's talking about the rent going up again. we just don't know what we are going to do because we just don't make enough money to a the high rent in atlanta. i wish the government would think about that and try to do something about it because people like us going to end up probably being homeless if nothing changes. thank you a and have a good day, sir. host: you say of nothing changes . how long can you keep this up? how long do you have? caller: i really don't know, i really don't know. i really really don't know. but i kinda blame the republicans. they are not trying to help the

situation at all. they are just trying to do everything they can too, too, -- to take down the democrats. they should try to help the situation instead of trying to make it worse. host: that was calvin in georgia this morning. get ready for democrats and republicans to start talking about inflation today. house committee on oversight and reform is holding a hearing. it's been entitled power and profiteering, how certain industries hiked prices, fleeced consumers, and drove inflation. the hearing will be airing on our website, c-span.org. it was at a hearing yesterday on the issue of inflation that and wagoner of missouri blamed democrats for rising costs in this country. this is what she had to say.

[video clip] >> inflation has outpaced work or wages for 17 months in a row under biden's watch. the majority of u.s. worker income has fallen behind rising costs. everyday items across the board keep rising in price. the costs of eggs is up 40%. chicken, 25%. bread, 16%. instead of addressing this 40 year high inflation crisis, president biden and the house democrats spent last week celebrating their reckless spending and failed agenda. ironically coinciding with the stock market crashing and raising retirement savings for millions of hard-working americans. the very same day the consumer price index numbers jumped.

the white house celebrated with james taylor singing fire and rain. let me tell you what, the only fire raining down on my constituents in the second congressional district is the costs of putting food on their table. gas in their tanks. paying their utilities. one in every six americans, 20 million of them, are in arrears on their utility bills. we haven't even hit winter. host: that was republican and wagoner. steny hoyer, discussing how democrats are addressing the rising cost-of-living. [video clip] >> inflation is hurting the people. lower drug prices, better health care. that's what we did.

capping insulin costs. unfortunately just for medicare. why just for medicare? the republicans would not support the bill that we sent to them capping insulin costs for everybody. we have work to do in making sure that the care that is so essential for everybody, every american, cares about health care. and frankly to the extent that we are covered by insurance, each person's costs will go down. we know that. i want to congratulate lauren underwood. 15 million people would have lost their health care if we hadn't passed the inflation reduction act. lauren said we need to make sure in the rescue plan that we dealt with those who were between medicaid eligibility and the costs they could afford under the affordable care act. 13 million people were saved from losing insurance and every

republican voted against that bill. host: that was steny hoyer yesterday talking to reporters. we are talking to you about how inflation is impacting her personal finances. here are a couple of comments by text message. brenda, virginia. i'm in the middle income range. i noticed during the beginning of the pandemic that i'm continually cutting as many expenses as i can. tom, new jersey, independent. inflation is killing the middle-class, food prices are through the roof. with winter coming on and the price of heating going up, we are going to suffer. james, myrtle beach, south carolina on the line for those who make less than what he thousand dollars a year, good morning. host: morning. listen, i listened to miss wagoner. the republicans moan and groan and complain.

but i never hear any of them say that this is what we are going to do. you never hear that. hoyer, he's an independent. i'm in the middle of the fence, south of the fence. i make about 15,000 -- i mean my social security is $1044 a month. i have no problem, sir, paying my bills. i have a car and an apartment and a phone that i pay. i pay my light will lend i buy my groceries. i know what i've got left over at the end of the month. i live within my means with the rest of that money into the next month.

i do what i want to do, go where i want to go. these people are all calling and feeling sorry for themselves. host: how much do you have left over at the end of the month? caller: $600. i don't call it a budget. i just caller common sense. host: kansas. auburn, maine. go ahead. caller: good morning, john. you do a great job posting. i have to disagree with the caller from south carolina. we are not doing sorry for ourselves. we are just living in reality. i'm very concerned about heating our home this winter.

costs, currently, $409 for home heating oil. last year it was 239 meeting will costs 830 four dollars every six weeks just to heat our home. i don't know where that money is going to come from. we have just gotten a notice that the water bill will be increasing 10%. obviously our paychecks aren't. it's a lot of anxiety. it is to the point where i said to my husband, can we keep living in maine? it's to that point. host: would you move? could you move, do you have jobs where you could move? caller: we could but it would be very difficult.

my son has special needs. my kids are in school. i'm a teacher. we are invested here. i don't wanted to get to that point. i was disappointed in that interview with the president. when he spoke on inflation. i didn't feel any empathy for what the american people are going through. seems like he was picking up for the fact that it hadn't spiked this month. it's at the point where we can't fix our bills. it would've felt good if he would have felt our pain a little bit. host: do you get the sense that anybody up here feels your pain? caller: our governor, i know,

janet mills, has tried giving us assistance, i feel that she does. i don't know what collins and king are doing. i haven't heard a lot on the news. typically i do think susan collins cares about people from maine. we are in for it. it's going to be a real bumpy ride. i don't think that we are just complaining like the last caller said. this is real. we don't have $600 at the end of the month. maybe that's why. host: got the call from auburn, maine. this is thomas from the buckeye state. go ahead. caller: hello. yeah. i've listened to the previous callers.

like the one from south carolina said, you just got to budget. you know your stuff is going up by $800? then you need to pull back. you can't live the life that you lived prior to this. you gotta, you gotta increment things. you know? sacrifice. i can't have a whole pack of chicken. maybe i can do half a pack of chicken. and then prioritize where your money is going. host: what line of work are you in? have you had to prioritize in recent months or years? caller: yes. i make $125,000 a year. but my budget is the same as

hers. i gotta eat whatever and put gas in my car. heating. all the utilities that go with that. pay my mortgage. you know. so everybody's plate is rising. some of us think that we can live from 1980 and still, still deal with that. host: what line of work are you in? caller: i work in the technology field. host: appreciate your call. we want to hear from you on the issue of inflation and how it is impacting your personal finances . phone lines are split up by income level this morning. keep only in, we want to keep

you updated on the latest stories out of washington and the political stories from around the country. this is from "the washington post" today but you are probably seeing this if you open twitter, trump saying that presidents can declassify documents even by thinking about it in his first tv appearance since the authorized search of his home last month. he asserted that wednesday in an interview with sean hannity. here's a part of that interview. [video clip] >> you have the power to declassify. x correct. >> untrue social you said that you did. >> i did. >> what was the process? >> as i understand it, there doesn't have to be a process. if you are the president of the united states you can declassify

just by thinking about it. you are sending it to mar-a-lago or wherever you are sending it. there doesn't have to be a process. there can be but there doesn't have to be. you are the president, you make that decision. you are the president. i declassify. you think, i declassify everything. host: on another legal front for the president, let he should james filed a lawsuit accusing the former president in his adult children of manipulating the value of his business assets to borrow money on more favorable terms than paying lower insurance mediums and facing lower taxes. we are noting that she is referring to the case of state and federal prosecutors. new york, it's the culmination of her three-year investigation into the former president in the trump organization. here's a part of her statement

from yesterday. [video clip] >> the complaint, all of you should have a copy, 280 pages long, 23 assets grossly fraudulently inflated, inflating those values that were used on mr. trump us statements almost every year. all told we uncovered more than 200 examples of false and misleading asset valuations used on his statements. the pattern of fraud and deception used by mr. trump and the trump organization for their own financial benefit is astounding. inflating the values of assets by whatever means necessary. to increase mr. trump's purported net worth. and then the net worth was used to further enhance his financial standing, intentionally misrepresenting his financials to obtain incredible economic

benefit. a scheme that by its very nature became more profitable over time. it is all in stark violation of the law. host: that was the new york attorney general letitia james yesterday. back to your phone calls this morning, we are talking about the fed interest rate hike this morning raising the interest rate hike in an effort to combat near historic high levels of an nation. we want to know how inflation is impacting your personal finances. we split up phone lines by income levels this morning. john is out of alabama. john, good morning. >> i make between $40,000 and $80,000 a year. i look at what jerome powell is

doing. to me he's raising the interest rates on my, on my visa card. so, i have to pay more on interest rates and my visa card. my question is, who is profiting from the high interest rates i'm giving the visa card? the banks, i believe. it's the same thing with a mastercard. interest rates are going up. who is profiting from that. the banks. people like me are middle-class, poor, just making it. we are the ones, it seems like, taking the money from the poor people, the people who are barely making it, giving it to the banks. it's the same thing when you buy a house. interest rates are going up on homes. who is making the profit from that? the real estate industry. it's the same thing if you buy a

car. who is making the profit from that? the poor people, the people who are struggling are the ones where the money is coming out of their pocket. they are the ones that suffer. so my, my question is, i guess, to you or the other callers calling in, does it seem right that the middle and poor class people pay and the rich people are making the profit from it? i wish someone would comment or maybe you can comment on that. host: numbers you are talking about, when it comes to credit cards in this country, the average rate on the credit card increasing in this country from 16.17 percent in early march to more than 18% and -- in september because of the fed rate increases according to bank rates. if the average household carries $8,942 balance, it works out to

an extra $14 a month in interest payments. when it comes to car loans americans are paying more than ever before to finance their cars. the average steadily increased over the past six months to 5.7% from 3.98% according to bank rate. this story is in "the washington journal about how the rate increase is hitting budgets. and, sugar grove. the line for those who make less than $40,000 a year. go ahead. caller: i guess number 45 forgot to say abracadabra when he was declassify. anyway, i'm going to speak about kroger. i hope you give me as much time about previous -- as previous callers. the clover ceo, here in north carolina they own harris teeter. they own ralph southwest.

super is out west. those are the three i know for sure. the ceo, his pay for 2020 was $20.6 million. he couldn't live on his 14.2 million in 2019, so he was given a raise of 45%. what happened to the worker pay? it went down eight point 1%. the median pay slid more than $2000. when covid first arrived in 2020, it was about may of 2020 that kroger increased the salary for their workers by two dollars and i thought wow, they stepped up. that's a good thing but it only lasted like three or four months . maybe five. kroger sales in 2020 work $132.5 billion.

that's a .4%. their profit margin for 2020 was 2.6 billion. they had an increase of 5.6%. coca-cola did the same thing. tyson foods did the same thing. johnson & johnson did the same ink. republicans like the previous caller mentioned have no plan. all they do is badmouth president biden. you know, if he did try to control prices and set prices, then they would be screaming communist, socialist marxist. they think it's the same thing but it's three different things. the idea that these corporations, they are the ones turning to this. really? kroger? the ceo in 2026? host: i wonder if that story

from "the inquirer," -- caller: that's right you're up, cincinnati. host: "took a 12 six pay cut into -- 12.6 pay cut in 2021." as you noted in your comments, here's how that compares to the pay of the average pay of his workers. 2021, 679 to one when you compare his pay to the average worker at kroger. a decline from 909 to one in the year 2020. caller: really? you know what? the poor guy cannot live on double-digit millions while the workers are being treated like crap? what you just read is gobbledygook. like i said, like the previous caller said, the republicans

have no plan. reaching back to 2017, the jobs and tax act, on c-span, i can't find it. i think you scrubbed it. host: just to be clear, we don't scrub things. caller: i can't find it. it was on c-span. he walked into mar-a-lago at the end of 2017 and shove it up to the route i just made you all a lot which are. he laughed, they all laughed. it was great fun. i went to do my taxes. my taxable income was $17,000. i still owe taxes. the jobs and tax act of 2017 didn't help me at all. it didn't help people in my income bracket. so you know, this idea that the republicans, you know, they want to do something? they want to keep everybody poor. they want to keep ripping off taxpayers like me. i probably paid more taxes than

trump did. host: earl out of albion, idaho. i get that right should mark -- get that right? caller: you got it on the nose. that lady, she's got it together . i operate a small family farm. been doing it since 1970, building of resources here. when i can. we have been in a drought the last four years at least. which i've made it through before. i've made it through interest rates as high as 20% trying to operate the farm. this year fertilizer costs, foot fuel costs, heating costs, they've gone up over 100%.

i just want callers to know that we are suffering those costs in order to produce for those that aren't on the farm. you know, at least i know i'm making the best out of it. the farm operates on my savings, my parents savings. i managed to at least try to keep it together in the meantime. it's rough for all people on both ends of this. host: when people complain about food prices going up or what they see a the grocery store aisles, you are saying don't blame the farmers? caller: essentially yes, that's very true. that's if farmers are operating

on their own resources. if they are operating on borrowed money, that changes. it makes it harder on those operating off of their own savings. host: what do you grow there? caller: hey, wheat, small little crop of lambs. i helped some of my neighbors with their cattle. host: what does a drought year mean for your finances, earl? caller: it means not so much your finances but you run your tailbone off just trying to keep things sustainable at a minimum. it's devastating.

you know, i think about the troubles we are looking at out of whatever system. i'm not on a government-subsidized system light down on the lower levels on the snake river program. those guys, you know, they operate on the scourges of the dams. i'm up here in the hills, where i depend on streamflow and recharge from snowpack into the ground waters. if the drought continues we are all going to have to step back and get by on a heck of a lot less. the eastern perspective out there to me, for all in the city

life, it's just a different perspective for me. i'm on the opposite end of this. host: thanks for your perspective. this is chuck in charleston, west virginia. caller: good morning. first of all, i have to agree with what and in north carolina had to say. listening to trump talk about his de-classifying of top-secret documents, he sounded like a magician. you know? i can declassify a top-secret document and therefore just give it to anybody who wants to pay money for it. host: we at will talk about that, we have members of congress coming on in the 8:00 hour. we will talk about that with them. the issue of inflation, it was a big story yesterday. caller: right, just a little background on me.

63 years old, single with no dependents. i retired from pretty much a lifetime of public service last year. between my pension and early social security i'm making a little bit more than $40,000 a year. i am by no means rich. i would call myself lower middle income if anything. but i'm still doing pretty good. my house is paid off. i don't need a lot of stuff. what i have found is, and i don't, like everybody else i don't like paying higher gasoline prices. i remember 2.5 years ago when everything shut down because of the pandemic on the interstate and the traffic in downtown charleston was just pretty much empty, that's why gas prices went down, there simply wasn't a demand for it. now that things have opened backup, the oil companies are trying to recoup their losses

and people are blaming joe biden for it. which is i think extremely unfair. inflation and energy prices are up all over the world. not just the united states. personally i'm doing pretty good. i'm arranging my spendings a little bit. i cook for myself. i really don't go out to restaurants. you know you can save a lot of money if you spend a bit more time cooking for yourself. i don't get into my car every time i need to go to 7-eleven for a slurpee. i walk a little bit more, get a little bit more exercise. and it's funny, even though people are complaining about inflation and the price of gas, every day i still see lines of suv's idling in the drive through line at starbucks with people waiting for a six dollar cup of coffee. people are crowding into bars

and restaurants. i don't see people raining in their spending and spent less, prices would go down. that's supply and demand. host: eating at home more, general mills posted higher. significant inflation leading to an increase in in-home eating and other value seeking behaviors. that was the chief executive of general mills, jeff hammering, saying that on the company's earnings call, saying that prices in the u.s. rose in august compared to the year before. their fastest rate since march of 1979. noting that over that time that ended august 28, general mills posted a profit of 822 million, up from 607 million a year

earlier. some companies doing better than others. joe in ash, north carolina, good morning. caller: i would like everyone to listen on the inflation. not democrat, not republican. the electric bill went up. why? because they stop going ahead and shutting the coal burners down. in 1960 they went ahead and banned sulfur coal, sending it to china. you can't frack. you can't drill. you can get police on property but you can't put the pipe in the ground. this is not a democrat republican problem. now they have money with all of these people coming from the south of the border. we need to take care of our american people.

the retirees. the people who are on disability. the children. take the money from the immigrants that are illegal. give it to the american people. i'm on a fixed income. i own 1800 square-foot house. i'm on three acres. i have a fairly new car. my wife is very sick. her insurance just went up. i'm going to have a birthday in november. my insurance went up, my supplemental went up $40 per month. it's about lying. put the money back in the social security of $6 trillion. quit this nonsense. you will have an electric car running down the road? 300 miles? where will you charge it? how will you put the infrastructure in? california can't even go ahead and keep their electricity on for the summer.

this is crazy. host: joe in north carolina. about 15 minutes left in this segment as we ask how inflation impacts your personal finances. we also want to keep on top of the story that we have been covering. we talked yesterday about president biden speaking before the u.n.. here's the headline from today's "wall street journal" rallying support against vladimir putin. this after mr. cohen used a national address to raise the potential for new your response to the conflict in you reign, ordering reservists to russia to mobilize following russian losses on the battlefield. here is a little bit of what president biden had to say in new york yesterday. [video clip] >> russia has shamelessly violated the core tenants of the u.n. charter.

a clear prohibition against countries taking the territory of their neighbor by force. i can just today president boudin has made over nuclear threats against europe and a reckless disregard for the responsibilities of a nonproliferation regime. now russian -- russia is calling on soldiers, more for the fight. organizing a sham referendum to try to annex parts of ukraine. an extremely significant violation of the u.n. charter. the world should see these outrageous acts for what they are. putin claims he had to act because russia was threatened. but no one threatened russia. no one other than russia sought conflict.

in fact, we warned it was coming . many of you worked to try to avert it. in putin's own words he made his true purpose unmistakable. just before he invaded he asserted, i quote, ukraine was created by russia and never had real statehood. now we see attacks on schools, railway stations, hospitals. on centers of ukrainian history and culture. in the past, even more horrifying evidence of the war crimes. mass graves. bodies according to those who have excavated them showing signs of torture. this war is about a sting wishing the ukrainian right to exist as a state. plain and simple.

and the ukrainian right to exist as a people. wherever you are, wherever you live, whatever you believe, that should make your blood run cold. host: president biden, yesterday new york. they had meetings throughout the day to get a briefing on hurricane preparations. you can watch the presidential speech on our website, c-span.org. back to your phone calls, 10 minutes left in this segment of the washington journal. shorter show today, ending at 9 a.m. eastern, the house is coming in a 9:00 a.m. and we will take you therefore gavel-to-gavel coverage. we've got a preview of what's on the floor of the house, debating on police funding public safety bills following the agreement reached on the legislation by

progressives and moderate democrats yesterday. look for that on the floor. when it comes to committee hearings. the house homeland security subcommittee is holding a hearing today on federal building security and we already noted a hearing on the issue of inflation. democrats in the oversight committee titling that power and profiteering. certain industries fleecing consumers and driving inflation. that hearing will be on our website, c-span.org. inflation is the issue we have been talking about in the first hour of "the washington journal closed today. in the wake of this latest interest rate hike by the fed yesterday to get a handle on nation, how is it impacting your personal finances? robert in new york, lewis in new york. on the line for those who make between $40,000 and $80,000, go ahead. caller: yes, relative to your

topic i would like to make three points on how inflation is impacting my finances. my ira retirement account is down. it's not the first time it has gone down. but when you consider everything , when it's all counted i'm certainly in the positive on that. i will wait that out. the second point i would like to make is on the price of food. i mean i can go to the store now and get a dozen regular eggs. i used to pay to go to an organic artisan farm for one dozen eggs that were not federally subsidized. i guess my question on that is we have got a department of agriculture in this country with a lot of federal subsidies on basic foodstuffs and i would like to know how if you have any information on how that works out because it doesn't look like it is subsidized to me in terms of the price of eggs. one of your other collars mentioned general mills. or you did. i just bought a bag of flour last year. my other bag had been in the

fridge for two years. there's an anecdote on that, starting to make more stuff at home. the third point is real estate interest rates. i'm not really as concerned with mortgage rates going up now and how the banks and mortgage industries going to profit because interest rates are so low for so long. i think that really inflated the value of real estate. there's houses selling for two and three times now what they sold for 10 years ago. people are buying houses and six months later they are taking up if thousand dollars equity home loans when they bought with no money down because of the appreciation on their houses. this seems to be quite fast to me. real estate has caused economic problems in the past with men bust and i would like to know how, how people think this is going to play out. anytime you have quick moves on stuff like that with fast money,

i think that's a potential flashpoint. all in all i think federal reserve has to raise rates to cool things down. particularly real estate. extra half a point on a credit card, i don't think that's a big deal. i think the real estate situation with inflation is a potential flashpoint. also the additional debt that it's encouraging. thank you all, i will hang up and listen to your response. host: thanks, robert. mary and tulsa, moma, go ahead. -- oklahoma, go ahead. caller: in my life i've never made more than $25,000 a year. i'm 68 -- sorry, 58 years old. but you know, i live in tulsa, very nice neighborhood. i was able to purchase get my house and i own it now.

i feel very blessed that i can live on what i live on. that's a matter of living within your means. i've never had any more means to live on. so i have learned to live within them. i have always been able to take care of myself. anyway. i feel like america has a problem with credit. people need to live -- learn to live within their means without using credit cards. i was taught at a young age that if you don't have the money today you probably won't have it tomorrow. so you only buy things you can afford to buy. host: do you caller: have credit cards? caller:i do have credit cards for emergencies. right now i am kind of having to use them a little bit. but it's because of my income

has gone way down because of circumstances, you know. auto accident, broke my leg. then my job went away. so now i'm working minimal hours and being my age it's hard to find another job. but it's ok, i'm basically making it. and it was kind of medical stuff. host: mary, what do you think when you hear these stories that employers cannot find enough workers for jobs? caller: well, they don't want to pay and you know this is the crazy thing, you know, they don't want to pay people enough, you know, to make it, you know, to make it. people should not have to work. i have worked up to four to five jobs at a time.

i used to clean houses. i've done that. as well as my office work. i was an office manager for years. you know, i've done office work a lot. which is where i have made the most money. i will tell you i got to a point where i was making $25,000 and that was a lot of money for me. i, i, i did very well. however i'm a healthy person. i never had any high medical costs. besides when i broke my leg. you know. but that's here towards this later part of my life. anyway. so you know, car issues, like if i ever had a really expensive car issue or if i had to ride the bus for a while or something like that, there are things that i don't get to fix, have, have all that, the luxuries of, of,

of a life of somebody who does make more money than me. but it's ok. i can live. host: we will end there because we are running short on time. billy, waiting from the land of enchantment, new mexico. that line for those who make under $40,000 a year. go ahead. caller: how are you this morning? host: doing well. caller: calling like you said from the land of enchantment. the reason why gas prices are high and everything else is because we've got the president and all the senators and everything else, they do not want to start drilling here in or their -- ortesia, here on

the panhandle of new mexico into kansas. the basin, i'm sorry. they do not want to let people drill. they don't want to give leases. they don't want to start fracking. they have stopped everything in the oil field that has come to a screeching halt. if they would let the oilfield come back and start producing oil and let's get it going, gas prices will go down. america can take care of ourselves as far as oil and gas goes. host: you been watching gas prices? it's been a couple of months of declining prices. caller: but it's still ridiculous on new mexico. you have to drive new mexico --

in new mexico. if you want something in ortesia, you have to go to a big old city. braswell is the closest city and it's 45 miles. then you've got carlsbad, which is 28 miles. so, when you have to go, you have to drive. host: that was billy in new mexico. east coast, maryland, good morning. go ahead, bernie. caller: can you hear me? host: yes, sir. caller: yeah, i make between 40 and 80, around social security with the local counties. the only problem i have is if the stock market, i probably lost over $20,000 over the last

year. for years under trump i was averaging 16%. one of my accounts is -2022. i usually pay about $60 a month in the summer but this year it's been around 90. that's, these power plants are fueled by oil or coal. when that is why electric has gone up. anyway, that is about all i have to say. the dow was down by 520 points yesterday? guest: last week when they had the inflation celebration it would down 1200 points. most of my accounts are based on the nasdaq. the nasdaq is around 11,200 now. it was up to 16,000, we have

lost about 20%. right before christmas it was at 16, 500. thank you, have a great day. host: this is jack, in the badger state. caller: i just want to throw some numbers out there. $21 trillion. the gross national product of russia is 1.3 trillion. oil, the united states uses 21 millions of gallons a day. our president said we should take one million barrels of oil from our strategic supply.

that was designed for emergency use, national disasters and war. fighting fronts on two wars. so now, we are screwed there. as far as oil is concerned, the leiden administration has pressured banks not to loan money to the oil companies. the biden administration wants to push the green new deal. you have $60,000 in your bank to buy a car? that is what an average size electric car goes forward. when you plug it in, where do you get the energy from? oil and gas. people are not thinking. the biden administration has deliberately ruined the american economy. because all they have to do is

tell the banks, loan out the money, start pumping oil in the united states will be efficient again. under president trump and under obama, the united states was oil independent. under trump, we started exporting oil. what is wrong with this picture guys? host: speaking of energy, let's go to coal city, indiana. this is sarah. this is on the line from people making less than 40,000 a year. caller: we make about $20,000 a year. i never worked a job. i stayed home, i had four children. i did all this stuff that mothers do at home. we had our own chickens and stuff. we lived out in the country on a small farm. that is how we made it.

never in my life have i ever had a credit card. still don't have one. if i can't buy something with cash, we don't do it. anyway, i can understand a lot of stuff going on. under trump, we were doing a lot better. under biden it is a total disaster. i don't worry about myself, we can survive. i feel sorry for my kids. i have two great grandkids waiting to be born. all of these people calling in about trump. do they not realize, biden has been in the office for two years. our country has gone downhill. i don't want to live in this country anymore. if there was somewhere else i could go besides here i would invest in it. i am so upset all the time.

every day i listen to you guys and most of the times you are not fair. you have to do better about being fair with people when they call in. let me give you a little note. sit down and write down every time you talk to a republican, independent and democrat. then, you can tell me if you are being fair or not. that is what i have to say. host: sarah from coal city, indiana. john from louisiana. caller: good morning. i am about to turn 80 years old. i retired from the air force, retired from an airline. i was raised by a family who grew up in the great depression and my dad taught me if you can't afford it, don't buy it. i have lived by that. i use credit cards. i have not paid a penny on interest on a credit card since

1972. i use it just like cash. the other thing was, when i was making the big bucks. i paid everything off. i paid off my mortgage. if you can get yourself completely out of debt where everything that comes in, you can spend all your income because you don't have any interest. i also believe in these cashback credit cards. i have one and i make about $900 a year. they pay me to use their credit card. yes, i can see the prices going up because i can look at how much i spend each month for food, transportation, bills for the house, heating, air conditioning. you can see an increase and i am looking at about 20% over what i had two years ago. about 20% over what i had four years ago in terms of dollars

and cents. host: does that concern you about where you will be next year, looking at double digit increases? caller: i don't know because it is just my wife and i. we don't have any kids dependent on us and we have no debt. it is easy to keep track of that stuff. host: thank you for the call from louisiana. our last caller in this segment. two members of congress are joining us today. of first will be rep. adriano espaillat of new york. and later we will be joined by republican congressman rep. glenn grothman from wisconsin. stick around, we will be right back. >> judy shelton has been appearing on c-span since 1989.

her first visit was on book titled "the coming soviet crunch." judy shelton has been in and out of politics. she worked for three presidential candidates including bob dole, ben carson donald trump. it was donald trump who nominated her to serve on the federal reserve. her selection to the fed was controversial and the biden administration withdrew her nomination and february 2021. judy shelton on this episode of book notes. >> book tv, every sunday on c-span2 features leading authors discussing their latest nonfiction books. at 8:00 p.m. eastern.

the freedom fast libertarian conference. stephen kent with how the force can save the world. and george gilder with his book venture capitalism. vermont democratic senator reflects on his nearly 50 year career in the senate in his memoir, the road taken. watch the tv every sunday on c-span2 and find a full schedule on your program guide. "washington journal," continues. host: congressman rep. adriano espaillat. member of the appropriations committee. good morning to you sir. caller: thank you for having me once again. host: i want to start with the formers presidents comments on

the hannity program. he says that presidents can declassified documents even by thinking about it. your reaction sir? guest: it is incredible that he feels that those documents that are critical to national security, critical to security across the planet as we see the threats coming from putin of the potential nuclear option. it is mind-boggling that he feels that this is something he can take home and put away in your closet and declassified them quickly without any concerns whatsoever. i think that this is concerning. it sheds light on his state of mind, where he is right now, given that everything is

collapsing around him. host: in terms of shedding light on what is happening. i wonder if you talk to your democratic colleagues on the select chamber of the january 6 committee. do you know if they will be exploring this in the weeks to come? guest: going through over 140,000 documents and 1000 witnesses, i think they have a body of evidence there and enough information available to make a sound and intelligent, educated decision. i think this has been a very deliberate process. it has been bipartisan. they have dotted all the eyes and crossed all the t's. i think they have all the

evidence before them and they will make a sound and deliberate decision that the american people can once again feel some level of confidence their government. host: we will learn about that body of work before the midterm elections, is that your understanding? guest: i hope so. the american people deserve to have that information before they cast their vote. it is important to make a judgment as to what occurred on january 6. i feel very strongly that it was a violent, racist event. an attempt to stop the count of the transfer of power. this is something critical in its of the center of democracy and this insurrection cannot be just swept under the rug. the american people deserve to have all the evidence before them and an educated opinion

from the committee before they cast their votes in the midterm. host: we have the phone numbers for the viewers to join us. democrats it is (202) 748-8000, republicans (202) 748-8001 independents (202) 748-8002. if you listen to our first segment we were talking about the fed's interest rate hike to battle inflation. i want to get your thoughts on that latest rate hike. the more the fed should be doing and more congress could be doing? guest: unemployment is pretty low in the price of gas is going down. those are good signs. unfortunately, inflation seems to be high and this was a

prudent action from the fed. let's see what happens. i think eventually those two indicators show us that eventually inflation will come down and prices will come down with it. this is a prudent and good action that must be taken at this point. i don't perceive that it has to be done again. i am optimistic that inflation will calm down given the other economic indicators that show that we are on our way back. host: one other topic to get your thoughts on. i know you yourself are an immigrant to this country and undocumented for a brief time when you were younger. this effort by republican governors in texas and florida to transfer undocumented immigrants to so-called

sanctuary cities in areas of this country. guest: governor desantis may have used covid-19 money to do that. a very expensive trip i may add. these folks are asylum-seekers. they are fleeing the madura regime. people like the santos and abbott who have spent time criticizing the regime are turning their backs on the victims of that regime. i feel like they were misled, tricked and bamboozled. there may be some illegalities in regards to the actions taken by these governors to spend the people's money to send someone to a state that perhaps he did not want to go to or at the very least have no family or friends there and to be misled in that

fashion and to spend money that should have been spent somewhere else. on some level, there should be illegalities there. host: first question from twitter, sally sue writes in what would it take for congress to get immigration reform passed? guest: there should be an opportunity daca, the dreamers, they should be included. we recently submitted a registration bill that is a very technical, a bill that would accomplish a lot. it has been around since 1929. this model of immigration reform. and yet, we see on the other side of the break i/o, it is

refusing to do this. they are doing it to weaponize it politically in this midterm election when in fact anyone who goes to a restaurant and any other major city will see that the service their primary concern is a lack of workers. we have them right here. let's bring the men. let's grant them our economy. let's make sure that our economy is robust again and it will be good for all americans. host: springfield, missouri is on the phones. this is the on the republican line. caller: how come no congressman ever mentions the secret documents things were settled in the supreme court after bill clinton hid secret documents in his sock drawer.

how about that? guest: the recent federal court ruled that the department of justice should have access to those classified documents that were under president trump's pillow. we must have access to that. those are documents that in the hands of the wrong people could present a clear and present danger to america. this is not something to laugh out. this is not a joke. this is very serious business. a former president does not have the right to declassify documents. nor do they have the right to take them home with them. this is important for the security of our nation and the security of the world. host: clifton, virginia, on the line for democrats.

you are on the line with rep. adriano espaillat. caller: i just wanted to make a comment regarding immigration. in my opinion, it looks like both parties but especially the republicans try to weaponize immigration and abortion which is now no longer an issue for them. my comment is why are they utilizing that to make sure inflation is decreasing, the last time i heard the emergency of immigration was all those caravans coming to destroy americans.

it's not great for this country when we use immigration as a political tool just to get elected. guest: i agree with you that it should not be a political tool. we have put forward several proposals. one which i put forward in the bill back better initiative was a simple work authorization for five years. whether it be the ability for workers to reapply for an additional five years. our economy needs that. now we have the model we brought forward that allows workers to come in using a system that was first applied back in 1929. these are very sensible, practical proposals that we are putting forward. there is no political will to adopt them. we can still bring in dreamers.

with the recent arrivals at the border, they are seeking political asylum and they are fleeing the maduro regime. governor desantis and governor abbott who have been very critical of the maduro regime are turning their back on these asylum-seekers. host: this is molly from texas. caller: good morning. i just wanted to make one statement that umbrellas over this whole subject. the inflation crisis, it seems to me because i am 86, i have had my finger on a lot of subjects about our government

and our economy for a long time. i worked full-time until i was 81. the business cycle that is out there that is the driver of our prices, in my opinion and here again i could be lacking information that would help me understand it in a different way, the way i see it now is there has been a single mind from the mercenary marketing cartel. that is what i call it. the big companies like for instance, my tv provider has done everything they could to increase my television coverage cost and as a retired person, i want to watch a varied amount of

network so i can know it is going on. host: do you think companies are working together to rise prices across the economy? caller: the better way to distribute that information out is to think of markets. there is a real estate market, the food market, the automobile market. host: we have talked about a lot of them today dolly. let me let the congressman respond. guest: the job market and consumer spending has stayed pretty constant. in the month of august we saw 315,000 jobs were added national and the unemployment rate is at 3.7. i share the concern about price gouging. that is one of the issues the

caller is trying to highlight and how some companies take advantage, particularly with the price of oil. as we see, the price of gas is coming down. it is coming down slowly but it is coming down and i think it will have an impact on the price of goods and stores. that is the state of our economy. inflation is still high. it lags behind these indicators. i am optimistic that it will begin to come down. but i am concerned about some level, i won't call it collusion but i will say price gouging happening in america. host: from washington dc, and independent. caller: thank you for taking my call. i wanted to ask the rep about the report that the documents at

mar-a-lago contain information about a foreign country's nuclear program. it seems like records pertaining to israel's nuclear program being released under any other scenario. we spend a lot of money to ensure they release information. they have provided u.s. foreign aid to israel. given that the congress has violated its social contract by spending its tax dollars to an unlawful recipient, that might

be a good thing if somebody released documents on israel's nuclear weapons program? guest: this is a very broad question. for the record, i am a state of israel supporter. they are an ally and the region and we should continue to support them. i don't have access to any of those documents so i can't speculate it includes information about israel's military arsenal. but i do feel that israel deserves to have our support and i am a strong supporter of the state of israel and i will continue to support them. the american people should have access to some of the information. whether it is classified in a

matter of national security is another question altogether. i will leave that up to the security experts to determine whether or not this type of information should be proliferated across households in america. host: just about five minutes left with rep. adriano espaillat of new york. this is steve out of california, a republican. caller: i certainly agree with your guests comment in regards to the mar-a-lago documents in that they pose a clear and present danger. but from my perspective, some of them also pose a clear and present danger to the democratic party in that i hope the trump took documents that were regarding the way that the fbi

acted and has been weaponized through the democratic party. those would be most enlightening and that was my comment. guest: these documents are obviously pertaining to his administration, the trump administration and of course the fbi and the department of justice were led by his appointees. if there was any weaponization of those departments it may have been by his administration. i will leave it at that. host: in virginia, this is grover, a democrat. caller: people don't understand,

money does not evaporate, it changes hands. if people paid their fair share of taxes we would not have these problems. if they looked at the stealing that trump did in new york. they would understand that. guest: we just recently had the new york state attorney general alleged that over 200 times its enterprise undervalued or overvalued its properties to have access to capital and insurance policies and may have engaged in criminal activities. we will wait and see for the results of that legal action

recently announced by the new york state's attorney general. host: fairplay missouri, jeff, republican. caller: good morning. i just want to ask the representative a question about he has so much fear about january 6 but i wonder if he has just as much fair and 2016 when they investigated a sitting president. the papers he took will define the original coup. the original coup is investigating a sitting president after they already knew everything that the fbi had presented was a complete fabricated lie by the clinton's.

guest: obviously, there was a process that congress engaged in both to impeach president trump on two occasions in the house of representatives acted accordingly. the last process happened about january 6 where they tried to stop the vote count of affair and open election of joe biden. we acted appropriately within the confines of the constitution. i'm very proud of the actions we took. host: i know we are short on time but i did want to ask, we chatted a little bit about the effort of the governors in texas and florida to send immigrants

back to sanctuary cities. this month you joined other members of congress to try to get funding for migrants around the country. guest: there is still funding available through fema. they are asking for reimbursements. we are asking for an additional 50 million for the rest of the year. we feel that program through fema should have 100 million for the beginning of next year. that is our attempt to capture the funding that would allow principalities like new york to be able to house the asylum-seekers that are coming to our city. host: i know we are getting tight on timing when it comes to

keeping the government running but do you think that will happen as part of this process? guest: the 50 million should be done through cr. the 500 million should be through an appropriations process. host: rep. adriano espaillat from new york. always appreciate your time this morning. you stop by and visit with us when you can. guest: thank you, thank you for having me again. host: just after the break we will be joined by rep. glenn grothman the member of the oversight and reform committees. join us for that conversation, we will be right back. >> live sunday, october 2 on in-depth. author, tv host dan abrams will be our guest talking about u.s.

legal history in the american legal history today. he is the author of several books including lincoln/trial. in his latest martin luther king junior in the criminal trial that launched the civil rights movement. live sunday october 2 at noon eastern. incorporated in 1884, in the appalachian mountains of kentucky. sunday on q&a, a former reporter for the louisville journal talks about the impact coal mines, the opioid epidemic and flooding has had on the city. >> appalachia lacks behind the

rest of the country when it comes to every socioeconomic measurement. eastern kentucky lacks behind the rest of appalachia. it has generationally struggled the most. his book twilight in hazard sunday night at 8:00 p.m. eastern. you can listen to q&a and all of our podcasts on our free c-span now cap. app. "washington journal," continues. host: we are joined via zoom by rep. glenn grothman his key assignments include the budget and oversights committee. the federal reserve's latest rate hike, is it working? is there more the fed or congress could be doing? guest: i will remind your

listeners, when paul volcker had to go after inflation, short term interest rates went up 20%. i don't think we are there yet because the underlying problem is the federal reserve has to print more money because we keep spending more money. things will continue to be worse. host: the congress shows reluctance to spend money as we continue to keep the government open? guest: i think everybody should be watching if there are new programs in there. we are talking about new programs, sending money to local police departments for training. it is something for the public to monitor, is the government showing restraint?

the idea that we spend more money on anything right now is ridiculous. nevertheless, that is where congress is. i sure hope if the republicans take charge, the spending stops immediately. host: there is a public safety bill on the floor today. could you go more into that? guest: we just found out about it. i am very supportive the police. i am one of the most outspoken opponents of the anti-police bill floating around there. we do not want the police funded by the federal government. that is what happened of the schools. when the federal government funds the schools they control the schools. we want our police to be locals so they are not beholden to the government. so the federal government cannot say you have to run your

department this or that way to keep funding. i was very disappointed that the democrats are making an effort not towards protecting the police, instead they are making a new step towards making local police departments dependent on the federal government. host: we have about 20 minutes left with congressman rep. glenn grothman. if you want to call in the lines are democrats (202) 748-8000, republicans (202) 748-8001, independents. the house is coming in live today and we will take you there when they do. yesterday you were on the house floor. what were you talking about? guest: a variety of things. one of the things that has been underreported, i have heard from a few people that the early

results for this required vaccination in the military are negative. there are an increased number of miscarriage, cancer, blood clots, neurological complications and even death. it is something we have to monitor because if it is true, we should really be questioning it. question the cdc or others for guidance about vaccine. the new numbers came out on illegal immigrants. we have almost 140,000 people, politicians confuse the public when they talk about encounters. i give you the numbers of people we expect to stay in the united states who should not be here. we had 140,000 a month in august

compared to two years ago before president biden was sworn in. we had about 15,000 people in august. so we went from 15 to 140000 and a two-year. . it is too expensive for the american government. we are filling up the country with people who the first thing they do is break the law. this is a good way to ruin america. it is a good way for other countries who have never taken in people, we would not have to worry about ukraine if president biden hadn't shown himself to be a wimp at the border. host: former president trump

says presidents can declassify documents even by inking about it. that is from his hannity interview. your thoughts on that. guest: i did not see the interview. i don't have any problem without it assertion. host: mike, houston, texas, a republican. caller: congressman i have two points. one is with president biden spending money at 800 miles per hour. the notion is that it would increase prosperity but what it is doing, it is watering down the value of the dollar. when you have a cup of coffee and you keep adding water to it, you don't have more coffee. that is inflation, it makes the dollar worth less. that is what we are

experiencing, it is not prosperity. the second point, i want to complain about the schools and all the immigrants coming in. where are these esl teachers going to come from? these kids are coming in with families but some are coming alone. he was going to teach them? i think personally the public school system is the biggest monopoly in america. it is not nimble, flexible, you can barely fire a teacher without a federal investigation. ironically, the people in washington dc, the people you know are able to send their kids and grandkids to the finest schools in the finest zip codes in america.

guest: first of all with regards to the spending, attend million dollar bill from the reserve bank of sabbagh way. this idea of spending constantly and make your country a wealthier country or a country that is better off is the type of thinking we take from the reserve bank of zimbabwe where we end up with a $10,000 bill for zimbabwe. i think it is one way to destroy a country. the rest of the world looks at the united states and we are failing to protect our currency. as far as the schools are concerned, and wisconsin we will expand a good school choice program which will allow parents

if their local school district becomes too woke to anti-american to attend a school that is more traditional where they realize the great country we have and educate american kids as to why we are a great country. host: is that a real thing, a million dollar bill from the bank of zimbabwe? guest: they had hyper inflation in zimbabwe, it is a real thing, when you elect stupid politicians that can make a country wealthy by spending money. host: steve from maryland, on the democrat line. caller: there is no way we are going to stop spending because

when the legislative branch gathers you guys barely come into session now. if you stop coming in altogether maybe we can stop the spending. this has been going on forever. to pay off a $133 trillion deficit. this will never happen. we have a printing press that never stops running in this country. the legislative branch of this country is going to turn the greatest nation into the next third world country. host: the numbers from the u.s. debt clock, the u.s. national

debt is 30,900,000,000,000. congressman? guest: your listener raises a valid point, the more congress comes in the more they spend. every day i show up, there is spending involved. there is a spending bill about police training. i suppose it will be woke police training. your collar was right, sometime in the next two weeks we will vote for a continuing resolution which will almost certainly have -- host: what constitutes woke police training? guest: when you have to talk

about race, do that sort of thing rather than concerned about preventing crime. they want to turn police and social workers. they have the anti-american, america's racist narrative plugged into more people's minds. america is not racist and it is time american leaders more boldly talked about that. in my district we have a lot of hmung. his children and his siblings children, the hmung did not speak any english. none of them had any problems with the law. everyone had a good job. so wonderful for people from all

over the world. i have gotten to know a lot of people from india recently, tremendous examples of people who came here without knowing the language. again, succeeding, succeeding, succeeding. it makes me very mad when politicians like joe biden think the way to electoral success is to tell americans we have a horrible, racist country. i am afraid the young people believe that from certain groups. they don't achieve what they are capable of achieving because they believe they can achieve it. it is very unfortunate that we have anyone on the left with that narrative. host: just a few minutes left with rep. glenn grothman.

this is john from ohio on the independent line. caller: $16 trillion in four years, you know who did that, the republican party. you know who was at top with the crown? donald trump. who was following him? you were. guest: i voted against several of donald trump's bills. i know that when president trump was president his secretary of treasury, mnuchin, you have to remember he is a democrat. there were democrats in key positions of the administration. that was one of the reasons he spent more money than he should've. it is not something that has been talked about enough. he will run again and they will

talk about the amount of spending he had both before the covid problem and after the covid problem. i do agree there was unnecessary spending there. part of it was that under the filibuster rule a lot of things had to be paid. senator schumer probably held out for more money, i don't know if that's true or not. president should've taken a harder line on spending. host: do you want the president to run again? guest: i was at a rally for governor desantis. i showed up in wisconsin last week. he was very impressive. i don't know who was going to run yet. host: shirley from new castle, pennsylvania. a republican.

caller: good morning and thank you for taking my call. what is going on right now with our inflation. the border, completely out of control. russia, china. i want to say that trump was the very best president we had since reagan. what they are doing in new york to president trump, i would like to say he endorsed our candidate dr.oz. mr. trump, you are more than welcome to move to pennsylvania. we will be proud to have you. you will be thanks for doing a good job. guest: i will agree that president trump has been treated horribly.

it is the type of thing you would expect from a banana republic where after the election they do all they can to try and harass not just the former president people who associated with president trump in the past. i think this is something all fair-minded people would be very disappointed. he was not afraid to stand up to the left wing types that are trying to take over our country. one thing we can all agree on, president trump was a very brave president and it was about time he had someone stand up to the woke mob. caroline on the line for democrats. caller: i am 60 years old, i was

born in 1962. i remember bussing in baltimore. they bused us to white schools and they threw rocks at us. you said there is no racism in the united states. can you look in the camera and tell me and people like me that my experience was fake? there was not racism in the united states. i am still here. there are many that lived before me and after me that have lived through that and i am supposed to forget it? what you are saying is that you don't want that taught in schools. that is history. that is real. tell me there is no racism and i will tell you how my mother could not take me to a restroom, a white restroom or any restroom when we would go to the south

because we were not allowed to go in there. guest: america has changed since you were a child. we have had fair housing laws, public accommodations since you are a child. as i mentioned, i think you look around and all the immigrant groups from areas that are not european are all succeeding. when i talked to them, they don't experience racism. they think america is the land of opportunity. he talked about ethnic strife in india where people are being killed for religious beliefs. he was glad to be in america. it is hyperbole to say there is no racism but america is about the least racist country you will ever find.

host: rep. glenn grothman i know you have to get your day started on capitol hill. i hope you do come back and again. thank you for your time. guest: glad to be on your show as always. host: we have a few minutes before the house is expected to come in for the day. we will take your phone calls and hear from you. again those lines are for democrats (202) 748-8000, (202) 748-8001 republicans, and independents (202) 748-8002. there are a couple of hearings on the issue of inflation. the title of the hearing is power and profiteering of certain industries. it is before the house oversight and.

c-span.org is where you can go. we will also be showing the arizona secretary of state debate. that is happening tonight at 8:00 p.m. eastern on c-span.org on the free c-span now video out and that will also be on the network on c-span. now your phone calls until the house comes in for the day. this is a we from mulberry, tennessee, and independent. caller: i would like to remind people of the sanctions that we have put on venezuela and created terrible conditions down there. conditions in central america with reagan's secret war on central america and the things that we have done to these countries and now we know why we

have the immigration problem. thank you. host: north palm beach florida, a republican. caller: i am hurt inside thinking about how our country is being torn apart by the constant investigations of trump and his people and the january 6. i know the democrats don't want him to run. i don't want him to run. i don't want this constant coverage about him. i think that the migrant situation is awful. we need people, we need legal immigration. i think it could cost every american, each migrant will cost

35000 and schooling, medicaid, roads. why are we doing this? why are we allowing this? i also think it is strange that they wanted to investigate trump over ukraine and the ukrainians would not give the information they had on biden's son. he is so willing to help them. why is that? is there something there? host: you are worried that the country is being torn apart by investigations. republicans have promised? caller: i don't want them to do

it. we need veterans that need money. we have so much to work on in this country. i read about the wall street journal and how they are indoctrinating teachers with lg btqia and teaching the teachers how to do infiltration. what colleges are doing it, seeping into education. you know. host: this is debbie in philadelphia. caller: the last guest was

original. these 16 trillion under trump was because of the democrats. this was the best president trump? he was a sexual assault her. nobody ever talks about that. and woke means waking up. thank you. host: let's try to get in daniel, and independent. caller: good morning john, thank you for taking my call. thank you for c-span. i just wanted to call, i am upset that you did not challenge the congressman on his assertion that covid-19 vaccines cause cancer. my spouse is a cancer researcher

and i was curious about what was going on with his assertion. there may be different responses to the vaccines with people who have immunological deficiency. if there is there assertion that people have recurrence, it may be based on an article. one other note, in the discussion over inflation. i noticed there is never any mention of the decline of refinery capacity in the united states. after yesterday show i did some google searching and i noticed that the pandemic in the fires in philadelphia have caused the u.s. refinery capacity to decline. that is the principal driver of our inflation.