big news and it is big news the senate
parliamentarian says
only one new budget resolution and one
reconciliation package that's
it all in one package and i reckon
that's gonna make things harder and
harder to get done which pleases me
no end let's ask tennessee senator bill
hagerty who has a view on this
uh senator welcome back as always i
regard this
i regard this as a plus there's no
emergencies
they can't redo what they did last
winter they can't have two or even three
reconciliation packages
they're going to have to lump in all the
tax hikes right
all the so-called soft spending
entitlements on soft infrastructure
and hard infrastructure if that be the
case
doesn't that make it real hard to get
done i think it's going to make it very
hard within their own party you've got
joe manchin you've got kirsten cinema
they're going to have a hard time with
this larry and i agree with you it's
going to make it more difficult
i also think they've taken this move
though to put more pressure on the
negotiations that are taking place right
now in the infrastructure package
schumer can then show this as a as a
backstop but i don't think it's going to
work in that in that regard
i don't think we should let it pressure
us you know i've been thinking uh
senator
that the the hours are growing shorter
before
schumer and company just roll over
um the republicans they just like you
know one of those
bread making rolling pins or whatever it
is it's going to roll
over poor uh shelly more capital and
that's just say that's it we're out of
here
and then just flood it in other words
taxes
spending health care everything you want
they'll just have to do that they can't
compromise that
that's certainly been the the tilt or
the direction they've been taking this
entire year
from the moment they took power and
larry i'll remind you and all of our
viewers
this is a 50-50 senate schumer only
holds the gavel because kamala harris is
the vice president right now
so they are trying to take advantage of
this as if they were
you know with a sweeping majority and
that's not the case whatsoever that's
why they're using
these parliamentary but budget tricks
you know they're trying to pull yet
another rabbit out of that from a
parliamentary standpoint
to come up with a way to shove their
socialist agenda through and i think
we're going to stand firm against it
i'm thinking senator they might not get
it through the house
because there's a half a dozen house
democrat pro-business
call them what you want moderates i know
several of them
pretty good guys the only thing they
really were hoping for
is uh restoration of the salt deduction
but they're not going to get that
and so having not gotten that they're
not going to want a higher death tax
they're not going to hire
capital gains taxes they come from
fairly uh you know affluent suburban
areas
i don't think this thing goes through
the house well these policies are going
to be incredibly unpopular with the
american public because they're going to
put a damper on the economy at a time
when we need to come out of this
recession
you were part of it larry the 2017 tax
cut jobs act
the deregulation that we undertook our
economy was a juggernaut we were going
faster than
any other economy in the world it was
the best economy i can remember in my
lifetime larry where every demographic
group
was making progress you name it women
hispanic black
everyone was moving forward with record
low unemployment
higher wage growth even for blue-collar
than for white-collar workers we were on
a roll
and what the biden administration is
trying to do is find some backdoor to
undo all of the success from the trump
administration actually i think senator
you're still on a roll uh
one more one more point if i may this is
this could be the most fun of all
there is as you may know an unrestricted
debt limitation which is going to have
to go through
one way or another now we've had debt
limits for
the last 40 or 50 years i know they come
to nothing i know they don't mean
anything
but they're very messy and they take a
long time to sort through
and people hang on and stuff like so i'm
just thinking
besides all the other problems democrats
have we're gonna have to go through a
debt limit ceiling discussion
which could absolutely stop everything
which would not make me shed any
crocodile tears
well i i understand exactly what you're
saying larry and we need
some backstop some pressure from this
effort by the democrats to steamroll the
socialist agenda
this may well be the case where we
actually bring it to an end
but what they're trying to do is
redefine all types of socialist programs
as quote infrastructure
you and i know what infrastructure is
roads bridges highways waterways
airports even broadband
they're trying to jam everything through
and i don't think the american public is
going to stand for this
tennessee center bill harrington as
always thank you sir we appreciate it