my friend jody arrington wants to look into the budget and also look into entitlements.you know social security is going to be insolve nlt in 2035. >> that's not true. it's actually not true. >> joy, i'm a finance professional. i do more than just congress. i worked in the financial community. i'm telling you. social security will go insolvent. >> that's gnaw true. that's not true. what the republican party and what the tea party have proposed is privatizing social security. which would actually subject social security to the whims of the market, which i don't think people -- that's not what they paid into. that's gnaw not true. >> town 6, the return of the s&p 500 since 2006 -- >> you support privatizing social security? >> i'm a financial proechbs. i'm not allowed to trade anymore because i'm a member of congress, but if you look at the s&p 500, from 2006 until today, the growth rate in the s&p 500 would have more than taken care of social security. way more than the federal government has. >> and each time that you had a crash, it would subject people's social securit

. >> dana: texas congressman jody arrington joins us. this is a sign of more to come.is laying the ground work for the attacks. if you looked across yesterday any democrat making comments were all using a similar line. the campaign might be well and truly underway. >> i think it is. if you don't want to be accountable for your agenda, your policies and the disastrous results of those policies, then blame other people. the problem, dana, is he doesn't have the credibility. he is totally disconnected or dishonest, one of the two. neither are good. i think the people see through that. they understand that the decisions that he has made, whether it's on energy or the tax and spend that has ignited this inflationary firestorm that's making it completely untenable for working families, the list goes on. safety, border security. they know that these are self-inflicted crises at the hands of a lawless, derelict, incompetent and potentially corrupt president. >> bill: i guess saying maga must poll well in the focus groups. you must be able to raise a lot of money off that. anot

house committee chair jody arrington firing back at biden last hour with us. watch. >> the decisions that he has made, whether on energy or the tax and spend that has ignited this inflationary firestorm making it completely untenable for working families, the list goes on. these are self-inflicted crises at the hands of a lawless, derelict, incompetent and potentially corrupt president. >> dana: grady trimble reporting for fox business live at the white house this morning. >> inflation is still high but new numbers out this morning show it could be easing. a sign that the federal reserve could slow interest rate hikes when they meet next week. the numbers show consumer spending is down from the previous month which is not a good sign for the economy. it means it could be slowing. that's not stopping president biden from painting a rosie pick the tour on the economy in a speech thursday he touted the latest gdp number but failed to mention it fell from the previous quarter. business investment is down as well. >> president biden: over the past six months inflat

, again, to look, because you were able with the cheney story a few weeks ago, representative jody arrington of texas introduced a resolution calling for congress to acknowledge that there have been enough states that have done this with regard to the balanced budget amendment and said they should have done a long time ago. so what do you think's going to happen if republicans take over the house? i mean this is a body with 128 people who don't even admit that biden won the election. they're not going to care about whether they count right or count wrong. right they're just going to do it. and supreme court probably wouldn't touch it, a, because it's the supreme court and be because it really has nothing to do with the supreme court. so there's really no law. the founders didn't us with any real rules if you pass a constitutional amendment through congress, there's clear rules two thirds for each house. right. and then it's got to go to the states for three, four. there's no rules for this. and we argue the book that there are few mechanized items in public life, few fewer legal processes th

we're already having the discussions with jodi arrington, the new chairman of the budget committee, howudget resolution to inform on policy choices. we have an obligation as the republicans in the majority to sell to the american people work requirements or other spending reductions to get buy-in on that. i don't believe we should push this to the very end. i think we need to be laying out a plan now to get our fiscal house in order. as you know, michael, with interest rates rising, that changes the debt service obligations of the country and it's one of the major drivers of our spending now, servicing that debt. so we have to be able to get it under control. and the math is undeniable that as more baby boomers continue to utilize the programs to drive mandatory spending, we are going to have that take a greater and greater share of the federal budget. >> i share your concern about the level of spending. by the way, that debt went up 40% on donald trump's watch. that needs to be called out as well. it's just at what stage of the process should we attack this issue? probably before the m

jody arrington, a central player in this drama some say could go well into the summer.f time, they can wiggle around a lot of the money, sort of like looking under the couch cushions. the only difference, this he have more that they can look through. neil: and the latest out of vladimir putin regarding civilians in ukraine and then a dust-up with germany. why aren't they helping out more? after this. all across the country, people are working hard to build a better future. so we're hard at work helping them achieve financial freedom. we're proud to serve people everywhere, in investing for the retirement they envision. from the plains to the coasts, we help americans invest for their future. and help communities thrive. type 2 diabetes? discover the ozempic® tri-zone. in my ozempic® tri-zone, i lowered my a1c, cv risk, and lost some weight. in studies, the majority of people reached an a1c under 7 and maintained it. ozempic® lowers the risk of major cardiovascular events such as stroke, heart attack, or death in adults also with known heart disease. and you may lose wei

shut down and where it goes, we're going to be speaking to the house budget committee chair, jodi arringtonis the middle ground, if there is such a thing. and then to virginia, the fight over those merit scholars and all those kids who got scholarships and didn't realize it. now lieutenant governor says it's time for a reckoning. after this. with chase freedom unlimited, you can cashback 3% on dining including take-out. cashback on flapjacks, baby backs, or the tacos at the taco shack. nah, i'm working on my six pack. well, good luck with that. earn big with chase freedom unlimited with no annual fee. how do you cashback? pain hits fast. so get relief fast. only tylenol rapid release gels have laser drilled holes. they release medicine fast for fast pain relief. and now get relief without a pill with tylenol dissolve packs. relief without the water. (tony hawk) skating for over 45 years has taken a toll on my body. i take qunol turmeric because it helps with healthy joints and inflammation support. why qunol? it has superior absorption compared to regular turmeric. qunol. the brand i trust.

cost of a mortgage republicans argue this is all fear mongering house budget committee chairman jody arringtonfident yesterday that the country would not face a financial crisis. >> in the end i think the important thing to remember is that america must never default on its debt. it never has and it never will but we'll end up in some kind of negotiation with the administration under which the debt ceiling can be raised. >> reporter: right now congress does have time to reach a resolution treasury believes it can use the extraordinary measures through at least june but, scott, the problem is neither side is at the negotiating table just yet back over to you. >> when you talk about neither side, is the greatest rift at this point between democrats and republicans or the freedom caucus part of the republican party and mccarthy >> reporter: yeah. i think that you're right. the division within the republican party i think is going to be a really important dynamic to watch you know, the reality is that there are members of both democrats and the republican party who believe that having this convers