TRIP ONCE WE HEAR NEWS WORTHY
EVIDENCE P ENTS FROM -- EVENTS F
PRESS CONFERENCE.
PRESIDENT BIDEN WILL HEAD TO
SAUDI ARABIA TOMORROW WHERE
ENERGY AND OIL EXPECTED TO BE
THE TOP CONVERSATION.
JOINING US NOW IS SENATOR ROGER
MARSHALL.
YOUR COMMITTEE’S IN THE MIDDLE
OF ALL A OF THIS WITH INFLATION
SPIKE FROM ENERGY TO FOOD.
WHAT DO YOU WANT TO SEE COME OUT
OF THE SAUDI TRIP.
>> WELL, MARIA, WHAT I WISH IS
THE PRESIDENT WOULD TAKE CARE OF
HIS OWN HOUSE FIRST.
KANSAS WILL BE THE THIRD LEADING
CAPITAL INVESTMENT IN OIL AND
GAS IN THE NEXT SEVERAL YEARS
BUT MY FOLKS ARE AFRAID TO
INVEST.
THEY’RE AFRAYED FRAYED TO IN--
AFRAID TO INVEST BECAUSE THE
PRESIDENT WON’T GIVE THEM
CERTAINITY.
HE’S PILING ON MORE REGULATIONS
AS WELL.
I JUST HOPE THE PRESIDENT
DOESN’T EMBARRASS US.
I HOPE HE REPAIRS OUR
RELATIONSHIP WITH ISRAEL,
FRANKLY I THINK ISRAEL’S BEEN
FELT A LITTLE BIT SHUNNED BY
THIS PRESIDENT.
WHATEVER HE CAN ACCOMPLISH WITH
SAUDI ARABIA, WELL AND GOOD.
BUT LET’S TURN TO AMERICAN
SOURCE FOR OUR OIL DEPENDENCE.
MARIA: I THINK IT’S A REALLY
IMPORTANT POINT THAT YOU MAKE
AND YET WE DO NOT SEE ANY
PIVOTING HERE, SENATOR, AS YOU
KNOW.
THE PRESIDENT IS DIGGING IN ON
HIS CLIMATE CHANGE AGENDA.
IN FACT, EVEN JOE MANCHIN IS NOW
SHOOTING DOWN ANY NOTION OF
PASSING ANY ADDITIONAL STILL
FUNDING EVEN THOUGH I KNOW AND
HAVE REPORTED IN THE LAST
SEVERAL WEEKS THAT CHUCK SCHUMER
HAS BEEN TRYING TO GET MANCHIN
ON-BOARD ON ANOTHER BUILD BACK
BETTER VERSION WHICH WOULD
INCLUDE HIGHER TAXES.
SO HERE’S JOE MANCHIN WHEN WE
CAUGHT UP WITH HIM LAST NIGHT.
WATCH THIS.
>> PRESIDENT BIDEN SAID THE
INFLATION NUMBER TODAY IS
OUTDATED BECAUSE IT DOESN’T
INCLUDE A SMALL DROP IN GAS
PRICES WE’VE SEEN RECENTLY.
IS HE RIGHT TO BLAME THE DATA
FOR A BAD HISTORICALLY BAD
INFLATION NUMBER?
>> THE SAME PEOPLE THAT MIGHT
HAVE GIVEN HIM INFORMATION
SAYING IT WAS TRANSITORY.
A YEAR AGO.
IT WASN’T TRANSITORY.
MARIA: NO, IT WASN’T
TRANSITORY, SENATOR.
SO WHY DO THEY TELL US FOR A
YEAR THAT INFLATION WAS NO BIG
DEAL AND IT WAS TRANSITORY AS
THEY TRIED TO PUSH THROUGH
ANOTHER $5 TRILLION SPENDING
PLAN?
>> LOOK, MARIA, THEY ARE
ADDICTED TO SPENDING AND THIS
BILL IS MORE INFLATIONARY
SPENDING.
IF YOU’RE GOING TO BORROW
ANOTHER TRILLION DOLLARS FROM MY
GRANDCHILDREN, OUR
GRANDCHILDREN, IT’S GOING TO BE
INFLATIONARY AND BEYOND THAT,
LIKE YOU POINT OUT, THIS IS
GOING TO KILL JOBS.
IT’S GOING TO KILL SMALL
BUSINESSES.
THEY WANT TO ADD A 3.8% TAX TO
PASS THROUGH ENTITIES LIKE
LLCs Cs S CORP.S.
THEY PROBABLY MAKE UP HALF OF
THE NATION’S COMPANIES AND HALF
OF THE JOBS AS WELL SO IT’S
INFLATIONARY AND IT KILLS JOBS.
MARIA: WELL, I MEAN, WE ARE
ALREADY SEEING THE BEGINNING OF
A WAVE OF JOB CUTS, CERTAINLY IN
THE TECH SECTOR BUT IT’S NOT
JUST INFLATION ON THE
ESSENTIALS.
IT’S OTHER THINGS AS WELL.
YOU WROTE A LETTER YESTERDAY TO
THE ADMINISTRATION ASKING TO
WAIVE DUTIES ON FERTILIZER.
TELL ME ABOUT THE SITUATION
AROUND FERTILIZER RIGHT NOW?
>> RIGHT, MARIA.
WELL, THE NITROGEN BASED
FERTILIZERS QUADRUPLED IN PRICE
SINCE JOE BIDEN TOOK OFFICE AND
RIGHT NOW WE HAVE TARIFFS ON
SOME FOREIGN COUNTRIES FOR
FERTILIZERS INCLUDING MOROCCO
AND TRINIDAD SO WE’VE ASKED THE
PRESIDENT JUST LIKE HE TOOK
TARIFFS OFF SOLAR PANELS BECAUSE
OF AN ENERGY CRISIS, TO TAKE
TARIFFS OFF FERTILIZERS.
THE PRICE OF PERIOD LIESERS IS
DRIVE -- FERTILIZERS IS DRIVING
UP THE COSTS.
GROCERIES WERE UP 12% THIS MONTH
AS WELL.
SO THE COST OF FERTILIZERS ARE
DRIVING UP THE COST OF THOSE
GROCERIES.
WE WANT THE PRESIDENT TO STOP HE
THESE TARIFFS.
MARIA: WELL, WHAT ABOUT TARIFFS
ON CHINESE GOODS, SENATOR?
WHERE ARE YOU ON THAT?
BECAUSE IT SEEMS THAT THE CHINA
POLICY IS ALL ABOUT GIVING IN TO
THE CHINESE COMMUNIST PARTY.
THEY DIDN’T WANT THE CHINA
INITIATIVE.
THEY DIDN’T WANT ALL THOSE
INVESTIGATIONS INTO THEIR
INTELLECTUAL PROPERTY THEFT, JOE
BIDEN CANCELED THE CHINA
INITIATIVE.
THEY ALSO DON’T WANT THE TARIFFS
ON AND NOW HE’S CONSIDERING IT.
>> YOU’RE RIGHT, MARIA.
LOOK, CHINA’S EVEN CUT OFF THEIR
PHOSPHATE EXPORTS TO EVERYBODY
IN THE WORLD RIGHT NOW.
CHINA IS INDEED PLAYING THE LONG
GAME.
I THINK PRESIDENT TRUMP AND U.S.
TR BOB LIGHTHIZER PROVED THE
ONLY WAY TO HANDLE CHINA IS TO
PUT HIGH TARIFFS THAT YOU COULD
AFFORDABLE CARE ACTUALLY PUT
BACK IN WHEN THEY DIDN’T --
AUTOMATIC I PUT BACK IN WHEN
THEY DIDN’T KEEP UP THEIR SIDE
OF THE BARGAIN.
WE HAVE TO CONTINUE THE TARIFFS
ON CHINA.
IT’S BLACK AND WHITE TO ME.
MARIA: SENATOR, GOOD TO SEE
YOU.
THANK YOU VERY MUCH FOR WEIGHING