>>.
>> .
MARIA: WELCOME BACK, TALKING
ABOUT A NEW POLL THIS MORNING,
FINDING THAT THE MAJORITY OF
AMERICANS SAY THAT U.S. IS
HEADED IN THE WRONG DIRECTION,
INCLUDING A WHOPPING 8 IN 10
DEMOCRATS, EVEN DEMOCRAT
CONGRESSMAN RO KHANNA SAYING
THERE IS WAY MORE BIDEN CAN
DO, TO LOWER PRICES, FOR A
GASOLINE JOINING ME CALIFORNIA
CONGRESSMAN HIMSELF ROW KHANNA
A MEMBER ARMED SERVICES
OVERSIGHT AGRICULTURE
COMMITTEE CONGRESSMAN IT IS
GOOD TO SEE YOU.
THANKS VERY MUCH FOR BEING
HERE THIS MORNING.
>> MARIA ALWAYS A PLEASURE.
>> I WANT TO TALK ABOUT
SOLUTIONS HERE, BECAUSE I KNOW
THAT YOU HAVE SHOWN INCREDIBLY
RESTRAINT IN TERMS OF SPENDING
ON DEFENSE, VOTING AGAINST
SENDING TOO MUCH AID ACROSS
THE WORLD, MORE SPENDING YOU
ARE ONE OF THE ARCHITECTS OR
ENCOURAGEERS OF THE GREEN
CLIMATE AGENDA TELL ME ABOUT
THAT BECAUSE IT SEEMS FROM
BUSINESSES’ PERSPECTIVE THIS
IS NOT WORKING, ARE YOU GOING
TO ENCOURAGE AMERICAN ENERGY
TO BRING DOWN PRICES.
YES IN SHORT TERM WE HAVE TO
BRING DOWN PRICES.
THERE ARE A COUPLE THINGS WE
CAN DO, FIRST, WE HE SHOULD
BE, PORTING OIL BEFORE 2015
DIDN’T DO THAT IS WHY THAT IT
WE ARE SUPPLYING THE REST OF
THE WORLD, WHEN WE DON’T HAVE
ENOUGH SUPPLY HERE.
SHORT-TERM I THINK WE HAVE TO
INCREASE PRODUCTION, IN THE
UNITED STATES, THE OTHER THING
I SUGGESTED IS THAT THE
GOVERNMENT SHOULD HAVE A FLOOR
IN GUARANTEEING A PURCHASE
PRICE AND THAT WOULD ACTUALLY
INCENTIVIZE SHORT TERM
PRODUCTION, SHORT TERM WE NEED
TO DO EVERYTHING TO GET THE
PRICE OF GAS DOWN.
MARIA: .
>> THE PRESIDENT IS NOT DOING
THAT, EVEN THOUGH I KNOW THE
TALKING POINT THAT IS WELL
THERE ARE LEASES OUT THERE THE
INDUSTRY THE OIL INDUSTRY IS
NOT DOING ENOUGH, OIL CEOS IN
BUSINESS CEOS TELL ME THAT IT
IS REALLY DEATH BY A THOUSAND
CUTS WITH EXECUTIVE ORDERS OF
THIS ADMINISTRATION THE
PRESIDENT KILLED XL PIPELINE
FEDERAL DRILLING ON FEDERAL
LAND, SHOULD HE BE REVERSING
THOSE THINGS.
>> YOU KNOW THOSE THINGS TAKE
YEARS TO HAVE IMPACT THE OIL
COMPANIES BY THEIR MISSION ARE
MAKING RECORD PROFITS, RIGHT
NOW RECORD PROFITS MORE THAN
ALMOST ANY OTHER SECTOR.
SO, THE ACTUAL THINGS THAT
WOULD MATTER IF TO ABANDON
MAKING PROFITS BY SELLING OIL
AROUND THE WORLD, IF WE WERE
TO PROVIDE IF GOVERNMENT COULD
BUY AT DIP LIKE WARREN BUFFETT
IS DOING SELL IT BACK TO
AMERICAN PEOPLE, AT SUBSIDIZED
PRICE, WE COULD -- THE WIND
FULL PROFRT YOU PROBABLY DON’T
AGREE PUT 00 BUCKS BACK IN
POCKETS OF ORDINARY AMERICANS
MY VIEW WHAT CAN WE DO TO HELP
WORKING FAMILIES LOWER PRICES.
>> WORKING FAMILIES ARE
GETTING STUCK WITH THE BILL
RIGHT NOW, INFLATION IS AT
40-YEAR HIGHS, AND 8 IN 10
DEMOCRATS SAY A THAT THE
NATION IS HEADED IN THE WRONG
DIRECTION, ARE YOU ONE OF
THOSE?
>> WELL, LOOK, THINGS ARE NOT
GOING WELL RIGHT NOW I MEAN,
STOCK MARKET IS DOWN FOOD
PRICES UP GAS PRICES UP THAT
IS REALITY.
THE QUESTION IS WHAT CAN WE DO
ABOUT IT, THAT I BELIEVE THE
DEMOCRATIC PARTY CAN HAVE A
BOLD VISION FOR THE WORKING
CLASS, THINGS LIKE I
SUGGESTED, BAN EXPORTS MAKE
SURE THAT RETURNING MONEY TO
THE POCKETS OF PEOPLE HAVING
HIGHER GAS SALES OTHER THING
WE HAVE TO DO IS PASS
BIPARTISAN ACT, TALKING TO
MAYOR KNEW CASTLE WE DON’T
HAVE SEMICONDUCTOR CHIPS THE
PUT IN.
>> THE SEAL -- WAS ON THIS
PROGRAM A COUPLE WEEKS AGO
CASTING DOUBTS ON EXPANDING
SEMICONDUCTOR CHIP
MANUFACTURING IN U.S. IF
CONGRESS DOES NOT APPROVE THIS
FUNDING, YOU RECENT MET ABOUT
THAT WILL THIS BE APPROVED
WILL WE START RELYING ON
PRODUCTION RATHER THAN TAIWAN
KOREAN PRODUCTION.
>> IT IS COMPLETE MALPRACTICE
ON BOTH PARTIES, THAT WE DON’T
GET THIS BILL TO THE
PRESIDENT’S DESK, WE MADE A
COLOSSAL MISTAKE SHIPPING
AMERICAN PRODUCTION OFFSHORE
FOR THE LAST 40 YEARS?
SEMICONDUCTORS, SO MANY OTHER
INDUSTRIES, I DON’T KNOW WHY
WE THOUGHT IT WOULD BE GOOD
IDEA TO LET OTHER NATIONS DO
THE PRODUCTION THAT IT HURT
OUR ECONOMIC ECONOMY.
YOU KNOW.
SO, YES, WE NEED TO PASS THE
BILL.
MARIA: YOU ARE ABSOLUTELY
RIGHT WE SHOULD NOT BE RELIANT
ON ALL FOREIGN PRODUCTION
FACILITIES WE WILL BE WATCHING