5:00 IN NEW YORK CITY AND THIS
IS "THE FIVE."
>> Jesse: PRESIDENT BIDEN ON
CAPITOL HILL MOMENTS AGO TRYING
TO SAVAGE $3.5 TRILLION
SOCIALIST AGENDA.
THE PRESIDENT NOT SOUNDING TOO
CONFIDENT AFTER STEPPING OUT OF
THE MEETING.
>> I’M TELL YOU WE’RE GOING TO
GET THIS DONE.
[SHOUTING]
>> IT DOESN’T MATTER WHEN.
IT DOESN’T MATTER WHETHER IT’S
IN SIX MINUTES, SIX DAYS, OR SIX
WEEKS.
WE’RE GOING TO GET IT DONE.
[SHOUTING QUESTIONS]
>> COME ON, MAN.
50/50 I GOT IT.
>> Jesse: BIDEN FORCED TO STEP
IN BECAUSE THE DEMOCRAT DUMPSTER
FIRE BURNING ALL WEEK AND SHOWS
NO SIGNS OF SIMMERING DOWN.
THE PARTY CAN’T STOP BICKERING
HOW FAR LEFT THIS PLAN SHOULD
GO.
>> SENATOR JOE MANCHIN SAID
$1.5 TRILLION IS HIS NUMBER.
IS THAT SUFFICIENT TO THE BOTH
OF YOU?
>>
[LAUGHTER]
WHO TAKING THE MONEY FROM?
THAT IS MY QUESTION.
HE DOES NOT NEED ANY OF THE
RESOURCE WAS WE ARE TALKING
ABOUT.
>> I DON’T WANT TO SUGGEST THAT
THE PROGRESSIVES ARE WRONG.
THEY HAVEN’T BEEN LEGISLATORS
MOST OF THEM FOR A VERY LONG
PERIOD OF TIME.
A LOT OF THEM HAVE BEEN
ACTIVISTS AND TRIED TO GET
THINGS IN OTHER WAYS.
I HAVE BEEN A LEGISLATOR FOR 44
YEARS.
MY CAR IS OLDER THAN QUITE A FEW
OF THE PROGRESSIVES.
>> Jesse: THAT’S A PRETTY GOOD
LINE.
DAN, JACQUI HEINRICH ONE OF OUR
REPORTERS ON CAPITOL HILL SPOKE
TO A DEMOCRAT SOURCE TOLD HER
BIDEN’S VISIT RIGHT NOW NOTHING
BURGER.
>> Dan: THAT’S THE CHICKEN GUY.
A CHARACTER THAT GUY.
HERE IS THE PROBLEM, OBVIOUSLY,
THIS IS A CESSPOOL OF GOVERNMENT
WASTE.
GOVERNMENT AS I SAID YESTERDAY
AND I WILL SAY AGAIN TO DO
NOTHING RIGHT, NOBODY --
EVERYBODY THEY TOUCH THEY BURN
TO THE GROUND.
IT’S ASSESS POOL.
YOU ARE BETTER OFF TAKING YOUR
MONEY AND BURNING IT THAN GIVING
IT TO THE GOVERNMENT BECAUSE
EVERYTHING THEY GIVE IT TO THEY
DESTROY.
SO THIS IS KIND OF LIKE SADLY,
YOU KNOW, A WIN FOR REPUBLICAN
POLITICS BUT A LOSS FOR THE
COUNTRY EITHER WAY.
IF IT PASSES, BIDEN DESTROYS THE
COUNTRY, INFLATION GOES CRAZY.
HE DECIMATES HOME HEALTHCARE
EVERYTHING ELSE THE GOVERNMENT
INTRODUCE IT’S DISGUSTING
TENTACLES INTO.
IF IT DOESN’T PASS, LEGISLATION
GOES DOWN IN FLAMES.
RICHARD, YOU ARE LOOKING AT ME.
SHOW ME ONE AREA WHERE
GOVERNMENT DOES ANYTHING RIGHT.
OKAY, THAT’S COOL.
I WILL DISAGREE WITH YOU
STRONGLY.
BUT, THE ONE THING BEFORE I JET
ON THIS BECAUSE IT’S REALLY
IMPORTANT.
WHENEVER YOU ASK A DEMOCRAT THIS
QUESTION NEVER GIVE AN ANSWER I
ASKED ON MY SHOW "UNFILTERED"
SHAMELESS PLUG.
WHAT’S THE QUESTIONS INTO DE
FACTO BANKRUPTCY.
I DON’T KNOW AND YOU DON’T KNOW
EITHER.
BREY YEAH, THAT’S MY POINT.
DON’T YOU THINK WE SHOULD
PROBABLY TAKE IT A LITTLE SLOW
NOW THAT WE HAVE NO IDEA WHEN
THE DE FACTO BANKRUPTCY COMES?
BECAUSE IT HAPPENED IN ARE A
GENERAL TEEN THAT AND VENEZUELA
AND ELSEWHERE.
IT’S NOT LIKE THIS IS
UNPRECEDENTED.
THEY KEEP SPENDING AND IT’S AN
INSULT TO DRUNKEN SAILORS
EVERYWHERE.
>> Jesse: WE HAVE A DRUNKEN
SAILOR RIGHT HERE.
RICHARD FOWLER PLEASE RESPOND TO
DAN BONGINO’S ASSESSMENT THAT
IT’S JUST WORTHLESS TO SPEND
3.5 TRILLION WHILE WE CAN’T EVEN
KEEP TRACK OF THE MONEY THAT’S
STILL GONE OUT?
>> Richard: NUMBER ONE, I DON’T
THINK THE FINAL BILL WILL END UP
BEING $3.5 TRILLION A FAR
SMALLER AMOUNT.
NUMBER TWO, I THINK WHAT BIDEN
DID IN MEETING THAT WE JUST SAW
THERE WAS LET SOME AIR OUT OF
THE ROOM SO THE ACTUAL
LEGISLATORS IN THE WAYS AND
MEANS COMMITTEE GET DOWN AND
FIGURE OUT HOW THEY COME TO
SEMBLANCE OF A FRAMEWORK THAT
ALLOWS ALL THE DEMOCRATS TO COME
TOGETHER AND VOTE ON THIS.
I THINK IT’S WORTH POINTING OUT
BOTH IN THE BIPARTISAN
INFRASTRUCTURE BILL THAT PASSED
THE SENATE WITH 17 REPUBLICAN
VOTES AS WELL AS WHAT WILL BE
THIS RECONCILIATION BILL, WHAT
YOU ARE GOING TO FIND IS
PROGRAMS THAT WILL ACTUALLY
REINVEST IN AMERICA.
RIGHT?
WE ARE THE WORLD’S.
>> Jesse: REINVEST.
>> Richard: WAIT A MINUTE NOW WE
ARE THE WORLD’S LARGEST ECONOMY
THERE ARE THINGS WE NEED TO DO
THAT OTHER ECONOMIES HAVE US
BEAT.
WE ARE THE ONLY DEVELOPED
COUNTRY DOESN’T HAVE HIGH SPEED
RAIL.
>> Dan: THANK GOD.
>> Richard: WHY COULD YOU SAY
THAT.
>> Dan: IT’S A BOON DOG.
>> Richard: CALIFORNIA AND
EUROPE HAVE HIGH SPEED RAIL.
>> Jesse: THOSE ARE TINY
COUNTRIES WE WOULD RATHER FLY
IT’S CHEAPER.
>> Dan: AIRPLANES DO IT BETTER.
>> Richard: CRUMBLING BRIDGES
AIRPORTS OUTDATED AND FALLING
APART.
WE CAN GO ON.
>> Jesse: WE CAN FIX THE BRIDGE
FOR LESS THAN 3.5 TRILLION.
>> Richard: THERE IS MULTIPLE
BRIDGES.
>> Jesse: DO IT FOR FAR LESS
THAN 3.5.
>> Richard: TRANSPORTATION IS
1.5 TRILLION.
TRUMP SUPPORTED THAT AS WELL BUT
I DIGRESS.
>> Jesse: 1.5.
>> Dagen: IF THE ROADS AND
BRIDGES NEED FIXING THEN WHY
CAN’T FAR LEFT REGRESSIVES GET
ON BOARD AND VOTE INFRASTRUCTURE
PACKAGE THEN IF THIS IS SUCH A
NEED.
THIS IS AS YOU POINTED OUT A
BIPARTISAN PACKAGE.
SO THEY SHOULD GET.
>> Richard: I AGREE WITH THAT.
>> Dagen: I LOVE WATCHING A GOOD
CATFIGHT.
KENNEDY KNOWS THAT BUT THIS IS
LIKE WATCHING SOME CHICKS
PULLING EACH OTHER’S HAIR OUT IN
THE PARKING LOT WHILE THE WAS
SIPS GETTING ROBBED BEHIND YOU
AND THE ENTIRE NEIGHBORHOOD IS
GETTING ROBBED.
REALLY THE ENTIRE COUNTRY.
THAT’S WHAT THIS LOOKS LIKE.
NANCY PELOSI IS MOST CONCERNED
WITH HOW THIS IS GOING TO LOOK A
FEW WEEKS FROM NOW.
KEEPING THE HOUSE IN SESSION
OVERNIGHT SO TODAY IS STILL
THURSDAY IN CASE THEY VOTE ON
THE INFRASTRUCTURE OR SATURDAY
IS GOING TO BE THURSDAY.
IN THE MEANTIME, HOW ABOUT WE --
THIS NEVER HAPPENS.
THAT’S THE WIN.
THIS COUNTRY DOES NOT NEED ANY
OF THIS BUILD BACK BETTER
RECONCILIATION SPENDING AT ALL.
PEOPLE ARE TALKING ABOUT
$1.5 TRILLION FROM JOE MANCHIN
IN HIS LETTER THAT HE SENT OVER
THE SUMMER AS SOME PALTRY
AMOUNT.
BRIAN RIEDEL AT THE MANHATTAN
INSTITUTE WENT THROUGH THE
NUMBERS BASED ON EVERYTHING THAT
JOE MANCHIN HAS VOTED FOR THIS
YEAR, IT’S ACTUALLY $5 TRILLION
IN SPENDING.
1.5 TRILLION WAS THE LAST TAX
CUT THAT WE PASSED.
AND IF YOU GO THROUGH JOE
BIDEN’S IDEA THAT THE LEFT HATES
SO MUCH, IT’S RAISING CORPORATE
TAXES, RAISING THE TOP RATE BACK
TO ABOUT 40%.
RAISING CAPITAL GAINS TAX RATES
AND THAT DESTROYS THE ECONOMY.
IT DOESN’T HELP IT GROW.
IT HURTS SMALL BUSINESSES THAT
ARE STRUGGLING MIGHTILY TO
RECOVER FROM THE PANDEMIC.
JUST ONE MORE THING, BERNIE
SANDERS IN THAT TWEET TWO
SENATORS CANNOT BE ALLOWED TO
DEFEAT WHAT 48 SENATORS AND 210
HOUSE MEMBERS WANT?
IT’S 52, COMRADE.
NOT 2.
IT’S 52 SENATORS VERSUS 4.
A 8.FUNDAMENTAL MISUNDERSTANDING
SANDERS IN CIVICS AND MATH.
THAT’S WHO WANTS TO SPEND YOUR
MONEY, DAN.
>> Jesse: BERNIE MADE PELOSI
LOOK PRETTY DUMB YESTERDAY.
BASICALLY PULLED THE RUG OUT
FROM UNDER HER.
SAID THEY WERE GOING TO HAVE THE
VOTE.
BERNIE TOLD THE FAR LEFT SQUAD
DON’T DO IT.
>> ABSOLUTELY DO NOT VOTE
INFRASTRUCTURE HAS TO BE TIED TO
THE 3.5 TRILLION WHICH IS A
STARTING NUMBER.
THAT’S THE FLOOR.
THAT’S NOT THE CEILING.
JOE MANCHIN DIDN’T BUILD THIS
HOUSE.
>> Jesse: DO THE REST OF THE
SHOW LIKE THAT, PLEASE?
>> Kennedy: I KNOW IT’S A BIG
TURN ON FOR A LOT OF PEOPLE.
RICHARD, THE THING I TAKE ISSUE
WITH IS THIS IDEA, THIS
OBSESSION WITH THINGS LIKE HIGH
SPEED RAIL BECAUSE OTHER
COUNTRIES HAVE IT?
DO YOU KNOW WHAT OTHER COUNTRIES
HAVE?
THEY HAVE UNFUNDED DEBT THAT
THEY CAN’T PAY OFF.
AND THEN THEY ENTER INTO AREAS
OF AUSTERITY AND THEY HAVE TO
CUT SOCIAL SPENDING AND ENDS UP
HURTING THE PEOPLE THAT THEY
CLAIM THEY ARE GOING TO HELP.
TO DAGEN’S POINT WHEN YOU RAISE
THE CORPORATE TAX RATE, WHEN YOU
RAISE THE TAX RATE FOR THE TOP
INCOME EARNERS, YOU
DISINCENTIVIZE ECONOMIC GROWTH.
AND WHEN YOU DO THAT, YOU HAVE
LESS CAPITAL, THAT MEANS FEWER
BUSINESSES CAN INVEST IN THE
ECONOMY.
AND THAT MEANS FEWER PEOPLE ARE
GOING TO GET JOBS.
SO, WHEN YOU CONTRACT THE
ECONOMY BY OVERSPENDING, WITH NO
WAY OF PAYING FOR IT YOU KNOW
WHO GETS HURT THE MOST?
THE PEOPLE YOU PURPORTEDLY ARE
TRYING TO HELP WITH MASSIVE
PIECES OF SOCIAL LEGISLATION
LIKE THIS AND THIS IS A BILL,
THIS LEGISLATION, SERIES OF
PROGRAMS THAT CAN NEVER BE
UNRUNG.
SO IF WE ENTER INTO ANOTHER
PANDEMIC OR WAR, OR IF THERE IS
AN ACT OF TERRORISM THAT WE
CAN’T RESPOND TO, BECAUSE WE
DON’T HAVE ANY MORE ECONOMIC
FLEXIBILITY?
WHAT ARE THE PROGRESSIVES GOING
TO DO ABOUT THAT?
>> Richard: I THINK IT’S WORTH
POINTING OUT.
>> Kennedy: DO YOU WANT TO BUILD
HIGH SPEED RAIL LIKE CHINA
UYGHURS COME OVER HERE AND
CONCENTRATION CAMPS AND BUILD
HIGH SPEED RAIL?
>> Richard: YOUALLOW ME TO RESPO
EARLIER THIS WEEK JEROME POWELL
FEDERAL CHAIRMAN SAT DOWN WITH
OTHER FEDERAL CHAIRMANS AROUND
EUROPE AND TALKING ABOUT
INFLATION.
WHAT HE SAID HAVE CLEARLY THE
WORLD IS IN INFLATION IS SUPPLY
CHAIN PROBLEM BOTTLENECKS AT
MANY OF OUR PORTS IN THE UNITED
STATES THIS TRANSPORTATION BILL
THE 1.5 TRILLION WILL SPEND WELL
NEEDED MONEY TO UPDATE PORTS
INCLUDING THE PORTS IN MIAMI
VIRGINIA BEACH HERE IN NEW YORK
CITY.
UPDATING THE PORTS.
[TALKING AT THE SAME TIME]
>> Richard: TALKING ABOUT HOW WE
MOVE GOODS AND SERVICES ALL
ACROSS THE COUNTRY.
>> Dagen: POWELL WANT TO KEEP
HIS JOB IN FEBRUARY HE IS GOING
TO PARROT EVERYTHING COMING OUT
OF THE WHITE HOUSE.
RICHARD RICHARD BUT IT’S ALSO
EUROPEAN BANK, CENTRAL BANK
LEADERS.
GLOBAL CENTRAL BANK LEADERS AND
YOU ARE SAYING THEY ARE ALL
WRONG?
YOU ARE AN ECONOMIST.
>> Dagen: WE NEED TO SPEND MONEY
TO TAME INFLATION.
THAT IS IDIOCY PERSONIFIED.
>> Richard: WE MODIFY -- GOODS
AND SERVICES TO PEOPLE.
>> Jesse: WE DO HAVE TO GO.
I WANT TO POINT OUT THAT THE
DEMOCRAT AT THE TABLE IS CITING
EUROPEAN CENTRAL BANKERS.
>> Richard: NO, I’M CITING
GLOBAL CENTRAL BANKERS.
>> Jesse: AS AUTHORITY ON
ECONOMIC GROWTH.