CHERYL FRANCIS JOE NEXT HOUR
"MORNINGS WITH MARIA" BEGINS
RIGHT NOW.
MARIA: GOOD FRIDAY MORNING.
THANKS VERY MUCH FOR JOINING
US THIS MORNING, WE’VE GOT A
LOT TO REPORT, I AM MARIA
BARTIROMO.
FRIDAY, MAY 12, 8:00 A.M. EAST
COAST, DANCING WITH DEFAULT
PRESIDENT BIDEN HOUSE SPEAKER
MCCARTHY AGREED TO POSTPONE
DIDN’T DENT NEGOTIATIONS UNTIL
NEXT WEEK U.S. WEEKS AWAY FROM
RUNNING OUT OF MONEY, POSSIBLY
DEFAULTING ON DENT MCCARTHY
SAYS DELAY IS BECAUSE WHITE
HOUSE STILL IS NOT YOU BUDGING
ON SPENDING LIMITS.
WATCH.
>> PRESIDENT BIDEN DOESN’T
WANT TO DEAL HE WANTS TO
DEFAULT.
MR. PRESIDENT, MY MESSAGE IS
VERY SIMPLE.
DO NOT MISS ANOTHER DEADLINE
LIKE YOU MISSED ON TITLE 42 .
MARIA: NEW REPORT SUGGESTS
THE FINAL DEBT DEAL COULD
INCLUDE AGREEMENT ON SPEEDING
UP PERMITS FOR ENERGY PROJECTS
TALKING ABOUT THAT THIS
MORNING JOINING ME MISSOURI
CONGRESSMAN CHAIRMAN HOUSE
WAYS AND MEANS JASON SMITH
ALWAYS A PLEASURE THANKS FOR
BEING HERE.
>> GREAT TO SEE YOU, MARIA.
MARIA: SO WHERE ARE WE ON
THIS?
KEVIN MCCARTHY SAYS THAT WHITE
HOUSE IS NOT BUDGING, THE
PRESIDENT CONTINUES TO SAY HE
WANTS A CLEAN DEBT CEILING
RELEASE DOESN’T WANT STRINGS
ATTACHED IN TERMS OF SPENDING
CUTS LIMITATIONS DO YOU HAVE
ANY UPDATE FOR US?
>> YOU KNOW MARIA THE
PRESIDENT’S AND THE SENATE
DEMOCRATS EXTREMIST BEHAVIOR
JUST NOT -- JUST NOTN’T
WANTING TO NEGOTIATE OR TALK
ABOUT DEBT LIMIT HAS BEEN
VERY, VERY RECKLESS.
WHAT THE PRESIDENT HAS BEEN
PUSHING WHAT CHUCK SCHUMER HAS
BEEN PUSHING BLANK CHECK CLEAN
DEBT CEILING CAN’T EVEN PASS
UNITED STATES SENATE.
IF IT COULD, CHUCK SCHUMER
WOULD PASS IT BUT EVEN
DEMOCRATS SENATORS DO NOT
SUPPORT THAT, SO THEY NEED TO
COME TO THE TABLE, THEY NEED
TO NOT BE RECKLESS PEP
HOPEFULLY, MAKE SURE WE DON’T
HAVE SAME RESULT WHAT THEY DID
IN TITLE 42 LAST NIGHT.
>> OBVIOUSLY, WE ARE LOOKING
AT ALL PEOPLE SWARMING THE
BORDER, BUT LOOK.
BIDEN IS GOING TO G7 MEETING
NEXT WEEK AT THE END OF THE
WEEK, HAPPENING IN JAPAN, AS
YOU KNOW.
SO IT HAS TO BE EARLY IN THE
WEEK I KNOW THAT STAFFERS ARE
WORKING ON DETAILS.
IS THERE ANY COMMON GROUND?
WHAT ABOUT CLAWING BACK THE
COVID MONEY PART OF THE HOUSE
BILL THAT PASSED?
DID YOU GET ANY SENSE THAT
WHITE HOUSE WOULD AGREE TO
THAT?
>> YOU KNOW, WHERE WE ARE WITH
STAFF NEGOTIATING RIGHT NOW
WHERE WE SHOULD HAVE BEEN IN
FEBRUARY.
WHEN THE PRESIDENT TOLD
SPEAKER MCCARTHY THEY WOULD
SIT DOWN AND CONTINUE
DISCUSSION, WHICH WAS A
COMPLETE LIE DID NOT HAPPEN.
I BELIEVE THAT THERE IS A
PATHWAY TO GET SOMEWHERE TO
THE MIDDLE, THE HOUSE PASSED A
REALLY SOLID BILL TO LIMIT
SAVE GROW ACT TO CUT 4.8
TRILLION DOLLARS WE LAID OUT A
LAUNDRY LIST OF ITEMS TO LOOK
AT TO NEGOTIATE WITH, THE
PRESIDENT ASKED FOR OUR PLAN
THE PRESIDENT SAID HOUSE
REPUBLICANS COULDN’T DELIVER
ON INCREASING THE DEBT LIMIT.
WE DELIVERED, THE ONLY PARTY
THAT HAS NOT DELIVERED ARE THE
HOUSE DEMOCRATS, SENATE IN A
DEMOCRATS , OF COURSE, JOE
BIDEN.
>> MEANWHILE, WE HAVE A CRISIS
UNDERWAY IN THE BANKING
SECTOR, AND, YOU KNOW, THAT
THAT IS ONE OF THE REASONS,
THAT THE FEDERAL RESERVE IS
EXPECTING THAT WE ARE GOING TO
SEE IS A RECESSION.
BECAUSE OF THE SMALL AND
REGIONAL BANKS THAT ARE
WATCHING DEPOSITS WALK OUT THE
DOOR, HOW WORRIED ARE YOU
BEING CHAIRMAN OF HOUSE WAYS
AND MEANS ABOUT, THIS SMALL
BUSINESSES, UNABLE TO GET
CAPITAL?
WE’RE SEEING CREDIT TIGHTENING
UNDERWAY, AS YOU KNOW.
YOU KNOW.
IT IS THE SMALL BANKS THE
ROOEMG BANKS THAT LEND TO
SMALL BUSINESS, 90% OF SMALL
BUSINESS IS GETS THE LENDING
FROM REGIONAL BANKS, WE ARE
LOOKING AT COLLAPSING ARE YOU
WORRIED ABOUT THIS IMPACTING
THINGS AS WELL.
>> ABSOLUTELY MARIA.
THIS IS VERY ALARMING, ARE
THIS AFFECTS SMALL BUSINESSES,
AFFECTS FARMERS, THIS AFFECTS
WORKING CLASS FAMILIES.
WHAT WE’VE SEEN BECAUSE OF
THIS RECKLESS UNCONTROLLABLE
SPENDING IN FACT 10 TRILLION
DOLLARS NEW SPENDING UNDER ONE
PARTY DEMOCRAT RULE OVER LAST
TWO YEARS THEY PURCHASED
THINGS LIKE, SKI RESORTS,
IOWA, BEACH BATHROOMS SOUTH
CAROLINA HIGHEST INFLATION IN
40 YEARS IN FACT INFLATION HAS
GONE UP MORE THAN 15% ENGINES
JOE BIDEN AS TAKEN OATH OF
OFFICE LED TO FASTEST INCREASE
OF INTEREST RATES, 5.25%, JUST
IN OVER A YEAR.
THAT IS MAKING IT HARDER FOR
EVERY SMALL BUSINESS EVERY
FARMER EVERY WORKING CLASS
FAMILY JUST TO BORROW MONEY
PUTTING REGIONAL BANKS IN DIRE
SITUATION.
>> YOU KNOW A GOOD POINT
BECAUSE WE ARE GOING TO SPEAK
WITH ROB EITHER ARE IN A FEW
MINUTES FORMER PRESIDENT OF
THE DALLAS FEDERAL RESERVE, HE
TOLD ME, THAT THE FEDERAL
RESERVE IS BEING FORCED TO
CONTINUE RAISING INTEREST
RATES BECAUSE OF THE SPENDING
ON FISCAL SIDE NOT AGREEMENT
IN TERMS OF TAKING DOWN
INFLATION.
WHEN YOU’VE GOT THE FEDERAL
RESERVE THE ONLY ONE IN TOWN,
TRYING TO RAISE INTEREST RATES
TO TAME INFLATION, AND FISCAL
SIDE OF THE HOUSE, CONTINUING
TO RECKLESSLY SPEND MONEY SO
HE IS GOING TO JOIN US IN
ABOUT 25 MINUTES, TO TALK
ABOUT IMPACT THERE, BUT IN THE
FACE OF ALL THAT, CONGRESSMAN
THE WHITE HOUSE IS TOUTING THE
ECONOMY, SAYING PRESIDENT
BIDEN HAS HAD A GREAT IMPACT
ON THE ECONOMY, WATCH WHAT
HAPPENED YESTERDAY, WATCH
THIS.
>> UNEMPLOYMENT IS AT LOWEST
LEVEL IN MORE THAN 50 YEARS
THE SHARE OF WORKING AGE
AMERICANS IN WORKFORCE IS
HIGHEST IN 15 YEARS HISTORIC
RECOVERY FALLING
INFLATION THANKS TO, IN PART,
BECAUSE OF PRESIDENT’S WORK
WHAT HE HAS DONE OVER THE LAST
TWO YEARS.
MARIA: CONGRESSMAN YOUR
THOUGHTS, YOU JUST HEARD
KARINE JEAN-PIERRE SAYING THE
PRESIDENT HAS DONE EVERYTHING,
TO GET US INTO THIS GREAT
EMPLOYMENT SITUATION.
>> I WOULD ENCOURAGE HER UP
ENCOURAGE THE PRESIDENT TO GO
TO REAL AMERICA TALK TO REAL
MORNINGS GO TO MISSOURI MY
CONGRESSIONAL DISTRICT THEY
WON’T AGREE WITH THAT
STATEMENT, THEY HAVE SEEN
INFLATION RISE OVER 15%, THEY
HAVE SEEN THAT IT COSTS MORE
TO PUT FOOD ON CONTAINABLE
CLOTHES ON BACKS GASOLINE IN
CARS, WHY IS THAT HAPPENING?
BECAUSE OF RECKLESS POLICIES
OF THE DEMOCRATS, INFLATION
WAS 12.4%, THE MONTH JOE BIDEN
TOOK OVER OFFICE BUT GUESS
WHAT?
THEY DECIDED A SPENDING SPREE
TWO TRILLION DOLLARS FOR
AMERICAN RESCUE PACKAGE THAT
FUELED FACING.
FUELED THE HIGHEST INFLATION
IN 40 YEARS, THAT IS HURTING
EVERY WORKING CLASS AMERICAN,
ARE THE PRESIDENT CREATED AN
INFLATION CRISIS, A DEBT
CRISIS ENERGY CRISIS NOW WE
SEE A BORDER CRISIS, I DON’T
THINK THAT IS LEADERSHIP YOU
WANT FOR THIS COUNTRY.
>> WELL WE DO HAVE A BORDER
CRISIS HOUSE REPUBLICANS DID
WORK AGAIN ON THIS PASSING THE
BORDER SECURITY BILL
YESTERDAY, IT CRACKS DOWN ON
ILLEGAL IMMIGRATION IN FACE OF
TITLE 42 EXPIRATION, DHS
SECRETARY MAYORKAS CEASE
EVERYTHING DIFFERENTLY SAYS
CRISIS IS OVER PAST 20 YEARS
NOT IN LAST TWO YEARS, AND, OF
COURSE, BLAMING YOU, CONGRESS,
ON THIS WATCH THIS.
>> OUR CURRENT SITUATION IS
THE OUTCOME OF CONGRESS
LEAVING A BROKEN OUTDATED
IMMIGRATION SYSTEM IN PLACE
FOR OVER TWO DECADES, IT IS
ALSO THE RESULT OF CONGRESS’S
DECISION NOT TO PROVIDE US
WITH THE RESOURCES WE NEED AND
THAT WE REQUESTED.
MARIA: CONGRESSMAN I HAVE TO
POINT OUT THAT UNDER DONALD
TRUMP, APPREHENSIONS AT BORDER
AT 20-YEAR LOW WE ARE NOW A
40-YEAR HIGH, YET MAYORKAS
POINTS THE FINGER AT THE
CONGRESS.
>> MARIA, WE ARE WHERE WE ARE
AT TODAY WITH BORDER CRISIS
BECAUSE JUST IN PRESIDENT
BIDEN’S FIRST 100 DAYS IN
OFFICE HE DID 94 DIFFERENT
EXECUTIVE ODDS TO WEAKEN OUR
IMMIGRATION POLICIES TO WEAKEN
OUR S BOARD SECURITY REVERSING
GREAT POIGS UNDER TRUMP LED TO
MORE THAN 5 MILLION PEOPLE
ILLEGALLY CROSSED THE SOUTHERN
BORDER WE HAVE LAWS ON BOOKS
WE JUST HAVE JOE BIDEN IN THE
ADMINISTRATION, NOT ENFORCING
THOSE LAWS, IN FACT THEY ARE
SUSPENDING GOOD POLICIES THAT
HAVE WORKED HAS LED TO THIS
BORDER CRISIS.
WE’VE SEEN OVER 80 INDIVIDUALS
OR TERRORIST WATCH LIST CROSS
THE SOUTHERN BORDER IN LAST
SIX MONTHS, WE’VE SEEN OVER
14,000 POUNDS OF FENTANYL THAT
HAS BEEN DISCOVERED AT THE
SOUTHERN BORDER THAT IS ENOUGH
TO KILL MORE THAN THREE
BILLION PEOPLE A DISGRACE,
THIS -- THIS ADMINISTRATION,
AND RECKLESS POLICIES ARE SO
DISTURBING.
.
>> WOW VERY DISTURBING
CONGRESSMAN WE ARE WATCHING IT