>> THE STOCK MARKET DOESN’T
NECESSARILY REFLECT THE STATE OF
THE ECONOMY AS YOU WELL KNOW AND
THE ECONOMY IS STILL STRONG.
UNEMPLOYMENT IS LOW, JOBS ARE
UP, MANUFACTURING IS GOOD.
>> ARE YOU WORRIED ABOUT
INFLATION NUMBER?
>> NO, I AM NOT BECAUSE YOU ARE
TALKING ABOUT ONE TENTH OF 1%.
MARIA: PRESIDENT BIDEN
DISMISSING RED HOT INFLATION
REPORT WHICH, OF COURSE, SENT
THE STOCK MARKET PLUNGING.
TENNESSEE CONGRESSMAN CHUCK
FLEISHMANN, YOUR REACTION TO CPI
NUMBER, DEMOCRAT ECONOMIC
POLICIES ARE DOING NOTHING TO
SLOW DOWN INFLATION, WHAT SHOULD
THEY BE DOING?
>> THEY SHOULD BE DOING A HOST
OF THINGS.
THIS IS JUST AMAZING.
THE BIDEN-HARRIS ADMINISTRATION
HAS JUST HAD A TOTAL DISCONNECT.
I THINK, MARIA, THEY SHOULD HAVE
HAD A FIDDLE YESTERDAY FOR THE
PRESIDENT BECAUSE THEY JUST --
THEY ARE MISSING WHAT’S GOING ON
IN AMERICA RIGHT NOW.
WHAT THEY NEED TO DO IS FOCUS ON
BASIC ECONOMICS, SUPPLY AND
DEMAND, GET BACK TO CHERISHING
THE FREE ENTERPRISE SYSTEM AND
STOP DIVIDING AMERICANS ON
ABILITY TO EARN AND DO WELL AS
OPPOSED TO TRYING TO
REDISTRIBUTE WEALTH.
EVERY MOVE THEY ARE MAKING IS A
DISASTER AND LITERALLY THEY SIT
AROUND AND -- AND DON’T REALIZE
WHAT’S GOING ON.
TOTAL DISCONNECT.
GET BACK TO BASICS, GET
ENTREPRENEURS AT THE WHITE
HOUSE, GET MANUFACTURERS, GET
HARD-WORKING AMERICANS AND TALK
ABOUT THE THINGS THAT WE WERE
DOING IN THE LAST ADMINISTRATION
WHEN WE HAD RECORDS IN THE RIGHT
DIRECTION AS OPPOSED TO RECORDS
IN THE WRONG DIRECTION.
MARIA: THAT’S NOT WHAT THEY ARE
DOING.
THEY CONTINUE TO SPEND MONEY.
MOST RECENT THE TUBE LOAN
BAILOUT WHICH ESTIMATES, SAY,
WILL COST BETWEEN 500 BILLION
AND A TRILLION DOLLARS, MORE
SPENDING ON TOP OF THE OTHER
SPENDING THAT WE’VE SEEN.
WHAT ARE YOU GOING TO DO ABOUT
IT SHOULD THE GOP TAKE THE
MAJORITY IN NOVEMBER?
>> WELL, I THINK WE HAVE TO STOP
THE MADNESS.
EVERY GIMMICK THAT THEY COME UP
WITH ON THE DEMOCRATIC SIDE IS
BECAUSE THEY HAVE FAILED
ECONOMICALLY, THEY FAILED WITH
THEIR FOREIGN POLICY AND THROUGH
THESE FAILURES WHAT DO DEMOCRATS
DO, THEY GO TO THEIR GIMMICKS,
THE LAST GIMMICK WAS A TERRIBLE
GIMMICK ON THE STUDENT LOAN
FORGIVENESS.
OUTRAGEOUS.
THIS IS GOING TO COST THE
AMERICAN TAXPAYERS BILLIONS AND
GUESS WHAT, IT HURT THEM
POLITICALLY BECAUSE A A LOT OF
AMERICANS SAID WHAT ABOUT ME, I
DIDN’T GO TO COLLEGE BECAUSE I
COULDN’T AFFORD A STUDENT LOAN
OR I PAID MINE BACK.
AGAIN, THEY ARE DIVIDING US AT A
TIME THEY SHOULD BE UNITING US.
IT’S JUST NOT WORKING.
JAMES: CONGRESSMAN, JAMES
FREEMAN FROM THE WALL STREET
JOURNAL, I WANTED TO ASK YOU,
OBVIOUSLY FOOD PRICES IS A BIG
DOWNER REPORT, POLITICO HAD A
STORY THIS WEEK QUOTING A KANSAS
STATE ECONOMIST WHO HAD GONE
THROUGH INFLATION REDUCTION ACT
SAYING WHEN YOU LOOK AT FOOD, A
LOT OF THIS IS ABOUT
CONSERVATION NOT PRODUCTION.
IS THIS LAW ACTUALLY GOING THE
MEAN WE GET LESS AGRICULTURAL
PRODUCTION IN THE U.S.?
>> I HOPE NOT BUT IT’S GOT THAT
POTENTIAL.
AGAIN, THE BIDEN-HARRIS
ADMINISTRATION GOT IT WRONG
BECAUSE THEY DON’T EXPECT
PRODUCERS.
I GO OUT AND SAY, THE FARMERS
HAVE DONE IT WELL FOR YEARS FOR
CENTURIES.
I TRUST THEM TO PRODUCE IN
AMERICA.
I TRUST MANUFACTURERS TO PRODUCE
IN AMERICA.
I TRUST BUSINESS TO PRODUCE IN
AMERICA.
THIS ADMINISTRATION HAS NO
RESPECT FOR PRODUCERS AND FOR
PEOPLE WHO ACTUALLY GROW THE
ECONOMY.
THEY WANT TO DIVIDE AND DO THAT.
SO THE ANSWER IS POTENTIALLY,
YES, BUT WE REALLY NEED TO GET
THIS RIGHT AT THE BALLOT BOX,
BOTTOM LINE, AMERICAN PEOPLE
WHETHER YOU’RE DEMOCRAT OR
INDEPENDENT NEED TO FIX THIS IN
NOVEMBER.
THIS IS A TRAIN WRECK.
MARIA: MEANWHILE HE’S SELLING
FROM THE STRATEGIC RESERVE, OIL
DIPS BELOW $80 A BARREL.
TWO YEARS AGO DEMOCRATS BLOCKED
THE ADMINISTRATION WHEN OIL WAS
AT $24 AN HOUR, CONGRESSMAN.
TRUMP IF I WOULD IT UP AND
SELLING IT AND NOW WE ARE AT
DANGEROUSLY LOW LEVELS.
>> ABSOLUTELY, ANOTHER FAILED
POLICY WHEN THEY SAGAS PRICES GO
THROUGH THE ROOF BECAUSE OF
BIDEN’S FAILED POLICIES, WHAT DO THEY DO, LET’S DO A SHORT-TERM
THEY DO, LET’S DO A SHORT-TERM
FIX AND SELL OFF RESERVE.
TRUMP DID IT RIGHT AT $24,
DEMOCRATS AS OPPOSED TO DOING
WHAT’S GOOD FOR THE AMERICAN
PEOPLE AND THE ECONOMY ARE GOING
TO DO WHAT’S GOOD FOR THE
POLITICAL FIX OF THE DAY.
IT’S NOT GOOD AND NOT A
SHORT-TERM FIX AND LONG-TERM
DISASTER.
>> CONGRESSMAN, IT’S MONICA
CROWDLY, WE ARE TALKING ABOUT
RAISING INFLATION OF DIRECT
RESULT THE DEMOCRATS SPENDING
TRILLIONS OF DOLLARS.
WHAT ARE YOU HEARING ABOUT A
POTENTIAL NEW SPENDING BILL IN
LAME-DUCK SESSION AFTER
JANUARY 1ST?
>> FIRST OF ALL, WE WILL HAVE TO
DEAL WITH THE BUDGET BEFORE
SEPTEMBER 30TH.
MY ANTICIPATION IS THAT WE WILL GET A SHORT-TERM CONTINUING
GET A SHORT-TERM CONTINUING
RESOLUTION CR INTO DECEMBER.
BUDGET FOR FISCAL 2023.
HAVING SAID THAT, I DON’T THINK
THEY’LL BE AN APPETITE
PARTICULARLY AFTER THE ELECTION
IN WHICH REPUBLICANS SHOULD DO
VERY WELL IN THE HOUSE AND THE
SENATE.
LET’S FACE IT.
THIS IS UP TO THE AMERICAN
PEOPLE TO FIX IT AT THE BALLOT
BOX.
CERTAINLY THEY GOT IT WRONG WITH
JOE BIDEN AND HARRIS TWO YEARS
AGO.
WE DID NOT GET THE MAJORITY IN
THE HOUSE AND WE CAME CLOSE AND
THE LOSS OF TWO GEORGIA SEATS
WAS A SHEER DISASTER AND PIVOTED
BIDEN TO THE LEFT.
HAVING SAID THAT, I DON’T THINK
THERE’S GOING TO BE APPETITE FOR
THAT.
WILL THE DEMOCRATS TRY, SURE,
THEY WILL ALWAYS TRY THEIR
GIVEAWAYS AND GIMMICKS BUT THE
REALITY IS THE AMERICAN PEOPLE
HAVE HAD ENOUGH, WE NEED FISCAL
RESPONSIBILITY.
WE NEED FISCAL CONSERVATISM.
MARIA: CAN YOU COLLEAGUES STOP
AGREEING WITH DEMOCRATS THEN ON
MORE SPENDING LIKE THE CHIPS
BILL, THE INFRASTRUCTURE BILL,
THE OTHER BILL, THE
MANCHIN-SCHUMER BILL SO THAT
THEY ACTUALLY DO SOMETHING ABOUT
THE BORDER, KAMALA HARRIS CLAIMS
IT’S A SECURE BORDER EVEN THOUGH
2 MILLION PEOPLE HAVE BEEN
APPREHENDED AND ALMOST A MILLION
GOT AWAYS.
>> MARIA, I’M THE RANKING
MEMBER, HIGHEST REPUBLICAN IN
SECURITY APPROPRIATIONS AND
YOU’RE ABSOLUTELY RIGHT.
THE BORDER IS BEYOND A DISASTER.
IT’S POROUS AND OPEN FOR
CRIMINALS AND OPEN FOR ALL --
MARIA: BUT THEY ARE NOT GOING TO
DO ANYTHING IF YOUR COLLEAGUES
AGREE ON DEALS.
>> AGREE.
THEY’RE ALL BEEN FAILURES.
THEY’VE BEEN LARGE, THEY’VE BEEN
FAILURES BUT THE PROBLEM IS
THEY’VE OUTMANEUVERED
REPUBLICANS.
THAT’S THE SAD PART ABOUT IT.
IT’S NOT ONLY GREEN FOR IT AND
OUTMANEUVERED MANCHIN AND
SYNEMA.
MANCHIN JUST REALIZED IT AND
THEY WILL CONTINUE THE PLAY
GAMES.
WE NEED TO RESTORE FISCAL
RESPONSIBILITY AND SPEND WHERE
WE NEED TO SPEND ON DEFENSE AND
REAL INFRASTRUCTURE AND THINGS
LIKE THAT BUT REALLY WE’VE GOT
TO GET THIS ECONOMY GOING AGAIN
AND FOCUS ON REAL GROWTH,
REDUCING TAXES, REDUCING
REGULATIONS AND REDUCING
SPENDING.
MARIA: THEY WANT TO RAISE TAXES
TO BE CLEAR.
CONGRESSMAN, THANK YOU VERY MUCH
FOR WEIGHING IN.