1 00:00:04,800 --> 00:00:08,080 Speaker 1: On this episode of newch World. President Joe Biden signed 2 00:00:08,080 --> 00:00:13,000 Speaker 1: Congress's one point two trillion dollars spending package on March 3 00:00:13,080 --> 00:00:16,880 Speaker 1: twenty third, twenty twenty four, which will keep the government 4 00:00:16,920 --> 00:00:21,120 Speaker 1: funded through October first, almost halfway into the fiscal year. 5 00:00:21,440 --> 00:00:24,360 Speaker 1: The passage of the bill ends a month long struggle 6 00:00:24,400 --> 00:00:28,560 Speaker 1: in Congress to secure a permanent budget resolution instead of 7 00:00:28,560 --> 00:00:32,920 Speaker 1: passing stopcap measures. Several of the last minute measures nearly 8 00:00:33,000 --> 00:00:36,040 Speaker 1: led to a government shutdown. But hidden within the pages 9 00:00:36,080 --> 00:00:38,840 Speaker 1: of this four hundred page bill are plenty of earmarks, 10 00:00:39,280 --> 00:00:43,040 Speaker 1: also called pork barrel spending. That is, when you're represented 11 00:00:43,080 --> 00:00:47,479 Speaker 1: in Congress requests direct government spending for projects in their district. 12 00:00:48,560 --> 00:00:51,600 Speaker 1: Here to talk about the spending bill, I'm really pleased 13 00:00:51,640 --> 00:00:55,360 Speaker 1: to welcome my guest, David Ditch. He is a senior 14 00:00:55,400 --> 00:00:58,200 Speaker 1: policy analyst and the Grover M. Hermann Center for the 15 00:00:58,200 --> 00:01:14,840 Speaker 1: Budget at the Heritage Foundation. David, welcome, and thank you 16 00:01:14,880 --> 00:01:16,040 Speaker 1: for joining me in the News World. 17 00:01:16,720 --> 00:01:17,520 Speaker 2: Thanks for having me. 18 00:01:17,840 --> 00:01:20,360 Speaker 1: Prior to joining Heritage, you were a budget analyst for 19 00:01:20,400 --> 00:01:25,720 Speaker 1: the Senate Budget Committee, where you oversaw appropriations. With that background, 20 00:01:25,959 --> 00:01:28,480 Speaker 1: will you walk us through the general process of funding 21 00:01:28,480 --> 00:01:29,480 Speaker 1: the federal government. 22 00:01:29,240 --> 00:01:36,200 Speaker 2: Every year sure, So typically the first step is that 23 00:01:36,480 --> 00:01:42,840 Speaker 2: federal agencies put together documents in conjunction with the presidential administration, 24 00:01:44,000 --> 00:01:47,520 Speaker 2: and they end up putting together what's called the Presidence budget. 25 00:01:48,160 --> 00:01:53,440 Speaker 2: This provides Congress with lots of information about both the 26 00:01:53,680 --> 00:01:57,240 Speaker 2: functioning of the agencies, what they're doing, how they've been 27 00:01:57,320 --> 00:02:03,760 Speaker 2: using the money, and also what theministration would like to prioritize. Traditionally, 28 00:02:04,640 --> 00:02:11,120 Speaker 2: Congress uses the agency guidance to help inform them, but 29 00:02:11,240 --> 00:02:15,480 Speaker 2: they tend to ignore what the president is asking for 30 00:02:16,080 --> 00:02:19,360 Speaker 2: unless the President and Congress are both controlled by the 31 00:02:19,360 --> 00:02:23,480 Speaker 2: same party, which this year is obviously not the case 32 00:02:23,480 --> 00:02:25,920 Speaker 2: when you have Joe Biden sitting in the Oval Office 33 00:02:26,520 --> 00:02:31,160 Speaker 2: and Republicans having taken over the House of Representatives. After this, 34 00:02:32,280 --> 00:02:36,520 Speaker 2: ideally both the House and the Senate will produce budget 35 00:02:36,560 --> 00:02:41,520 Speaker 2: resolutions to determine how they're going to spend money for 36 00:02:41,560 --> 00:02:48,119 Speaker 2: the following year, but unfortunately that increasingly doesn't end up happening, 37 00:02:48,680 --> 00:02:51,640 Speaker 2: especially when there's a party split between the House and 38 00:02:51,680 --> 00:02:56,040 Speaker 2: the Senate. Republicans have tended to try to produce budget 39 00:02:56,040 --> 00:03:02,760 Speaker 2: resolutions responsibly. Democrats tend to see that as a technical 40 00:03:02,919 --> 00:03:08,160 Speaker 2: issue that they aren't overly concerned about one way or another. 41 00:03:08,480 --> 00:03:14,440 Speaker 2: Congress ends up establishing a spending level, and then a 42 00:03:14,480 --> 00:03:19,040 Speaker 2: portion of the spending called discretionary spending, which is what 43 00:03:19,200 --> 00:03:25,560 Speaker 2: funds the normal operation of federal agencies like the Department 44 00:03:25,639 --> 00:03:29,520 Speaker 2: of Defense, the Department of Health and Human Services, and 45 00:03:29,760 --> 00:03:36,920 Speaker 2: so on. What we're called appropriation committees use the budgetary 46 00:03:37,480 --> 00:03:41,640 Speaker 2: limits that have been established and figure out how they 47 00:03:41,720 --> 00:03:46,080 Speaker 2: want to divide up this part of the federal budget 48 00:03:46,120 --> 00:03:50,960 Speaker 2: between all the different agencies and programs. Of course, what's 49 00:03:51,040 --> 00:03:55,680 Speaker 2: unfortunate is that the portion of the federal budget that 50 00:03:55,720 --> 00:04:00,280 Speaker 2: Congress spends the most time on is becoming a smaller 51 00:04:00,360 --> 00:04:04,960 Speaker 2: and smaller portion of what the federal government spends. Because 52 00:04:05,000 --> 00:04:09,720 Speaker 2: in addition to these discretionary programs, there are also mandatory 53 00:04:09,760 --> 00:04:14,560 Speaker 2: programs that operate almost entirely on autopilot. So for example, 54 00:04:14,640 --> 00:04:21,200 Speaker 2: social Security, medicare, medicaid, food stamps. These programs take up 55 00:04:21,520 --> 00:04:24,839 Speaker 2: an increasing share of the federal budget and are growing 56 00:04:25,000 --> 00:04:28,080 Speaker 2: very rapidly relative to the size of the economy. 57 00:04:28,760 --> 00:04:31,479 Speaker 1: Let me stop you for a second, as I understand why, 58 00:04:31,560 --> 00:04:36,080 Speaker 1: for example, social security or medicare is hard to touch, 59 00:04:36,760 --> 00:04:39,560 Speaker 1: but why are food stamps mandatory? 60 00:04:39,839 --> 00:04:42,599 Speaker 2: That's a very good question to me. We should try 61 00:04:42,640 --> 00:04:46,360 Speaker 2: to determine how to prioritize what the federal government does 62 00:04:47,040 --> 00:04:50,560 Speaker 2: across the board. There shouldn't be certain things that are 63 00:04:51,120 --> 00:04:55,040 Speaker 2: all limits. As you mentioned food stamps are considered mandatory. 64 00:04:55,720 --> 00:04:59,320 Speaker 2: Congress should be able to say, based on the economic conditions, 65 00:04:59,360 --> 00:05:02,760 Speaker 2: we think this is an appropriate amount of money to spend, 66 00:05:03,440 --> 00:05:07,560 Speaker 2: and tell the executive branch and tell the states, Okay, 67 00:05:07,600 --> 00:05:10,760 Speaker 2: we want you to spend this money based on these guidelines. 68 00:05:11,360 --> 00:05:16,440 Speaker 2: But it's easier for the elected officials to move as 69 00:05:16,480 --> 00:05:20,240 Speaker 2: many things as they can off to the side, put 70 00:05:20,240 --> 00:05:22,640 Speaker 2: them on autopilots so that they don't have to worry 71 00:05:22,640 --> 00:05:23,320 Speaker 2: about them. 72 00:05:24,200 --> 00:05:27,599 Speaker 1: But of course that just means you have escalators that 73 00:05:27,640 --> 00:05:30,320 Speaker 1: are uncontrollable. They go up every year. 74 00:05:31,279 --> 00:05:34,040 Speaker 2: Kicking the can down the road has been sort of 75 00:05:34,080 --> 00:05:37,800 Speaker 2: the default in a lot of areas of federal policy 76 00:05:37,839 --> 00:05:40,880 Speaker 2: for a long time now, and that's part of why 77 00:05:41,279 --> 00:05:43,440 Speaker 2: the hole that we are in right now has gotten 78 00:05:43,440 --> 00:05:43,840 Speaker 2: so deep. 79 00:05:44,600 --> 00:05:49,000 Speaker 1: So you have those things which are already permanently funded 80 00:05:49,000 --> 00:05:53,200 Speaker 1: in effect, often with an escalator clause attached either to 81 00:05:53,320 --> 00:05:56,440 Speaker 1: number of people or other kind of things, to the 82 00:05:56,720 --> 00:06:00,880 Speaker 1: inflation rate, for example. Then you have what's called discretionary, 83 00:06:01,279 --> 00:06:04,920 Speaker 1: which is the amount that is relatively easy for Congress 84 00:06:05,320 --> 00:06:08,840 Speaker 1: to control, except that it doesn't control it. Explain that 85 00:06:08,880 --> 00:06:11,160 Speaker 1: to us man, why have we been on the steady 86 00:06:11,680 --> 00:06:16,400 Speaker 1: upward cycle which I sort of understood during COVID, but 87 00:06:16,480 --> 00:06:18,839 Speaker 1: I thought COVID was going to be kind of a peak, 88 00:06:18,839 --> 00:06:20,960 Speaker 1: and then we go back down to the norm and 89 00:06:21,040 --> 00:06:24,800 Speaker 1: the Democrats have managed to turn it into a plateau, 90 00:06:25,000 --> 00:06:27,760 Speaker 1: and we're now spending I think, a bigger share of 91 00:06:28,400 --> 00:06:30,920 Speaker 1: money through the federal government than ever in American history. 92 00:06:32,080 --> 00:06:36,920 Speaker 2: So, from about two thousand through to twenty twenty, interest 93 00:06:37,000 --> 00:06:41,279 Speaker 2: rates on the national debt were steadily going down, and 94 00:06:42,279 --> 00:06:45,559 Speaker 2: a lot of members of Congress and most of the 95 00:06:45,600 --> 00:06:50,240 Speaker 2: presidential administrations over that time saw that to mean that 96 00:06:50,360 --> 00:06:52,880 Speaker 2: it was a pre launch. They could spend whatever they want, 97 00:06:52,920 --> 00:06:55,200 Speaker 2: they could add whatever they wanted to the national debt, 98 00:06:55,240 --> 00:06:58,800 Speaker 2: and there weren't going to be consequences, and they went 99 00:06:58,880 --> 00:07:03,480 Speaker 2: as far as they could. And then after the pandemic happened, 100 00:07:03,560 --> 00:07:08,159 Speaker 2: after what I determined to be a seven point five 101 00:07:08,640 --> 00:07:12,400 Speaker 2: trillion dollar spending spree, that's trillion with a T, they 102 00:07:12,440 --> 00:07:16,480 Speaker 2: went so overboard. Debt markets were not able to absorb 103 00:07:16,560 --> 00:07:19,080 Speaker 2: all of it, which was led to not only higher 104 00:07:19,080 --> 00:07:22,480 Speaker 2: interest rates on the national debt, interest rates we haven't 105 00:07:22,480 --> 00:07:26,720 Speaker 2: seen in many years, leading to the cost of maintaining 106 00:07:26,720 --> 00:07:30,840 Speaker 2: the national debt hitting record levels, but the overspending also, 107 00:07:31,040 --> 00:07:34,760 Speaker 2: I believe was the number one factor driving the inflation 108 00:07:34,960 --> 00:07:37,560 Speaker 2: that we saw in twenty twenty one in twenty twenty two, 109 00:07:38,040 --> 00:07:40,880 Speaker 2: and the reason why inflation is still so much higher today. 110 00:07:41,720 --> 00:07:46,880 Speaker 2: The interest rates might never come back down. Unfortunately, so 111 00:07:47,000 --> 00:07:52,080 Speaker 2: many members of Congress feel entitled to a certain amount 112 00:07:52,280 --> 00:07:56,440 Speaker 2: of spending every year on all their different pet programs 113 00:07:56,480 --> 00:08:00,360 Speaker 2: and all their pandouts to all their special interests. They 114 00:08:00,360 --> 00:08:05,120 Speaker 2: can't even conceive of getting rid of even the smallest programs. 115 00:08:05,520 --> 00:08:09,840 Speaker 2: One of my favorite examples is that there's a special 116 00:08:09,880 --> 00:08:14,880 Speaker 2: program within the Department of Agriculture to subsidize maple syrup, 117 00:08:15,160 --> 00:08:17,680 Speaker 2: which pretty much just goes to the state of Vermont. 118 00:08:19,000 --> 00:08:22,240 Speaker 2: If you were to say, Okay, the federal government has 119 00:08:22,920 --> 00:08:25,960 Speaker 2: tens of trillions of dollars in debt, Social Security and 120 00:08:26,000 --> 00:08:28,640 Speaker 2: medicare are going to go bankrupt in the next decade. 121 00:08:29,400 --> 00:08:32,520 Speaker 2: What can the American people afford to get rid of 122 00:08:32,559 --> 00:08:35,640 Speaker 2: within the federal government. I feel like something like the 123 00:08:35,640 --> 00:08:39,280 Speaker 2: maple syrup program would be pretty easy to just sort 124 00:08:39,320 --> 00:08:44,440 Speaker 2: of lop off. But nothing can ever be allowed to 125 00:08:44,480 --> 00:08:49,680 Speaker 2: go away. Nothing ever gets eliminated. And because every few years, 126 00:08:49,760 --> 00:08:53,400 Speaker 2: especially when Democrats are in power, you have new bureaucracies 127 00:08:53,440 --> 00:09:00,440 Speaker 2: being created, new programs, and those always operate indefinitely, so 128 00:09:00,520 --> 00:09:06,040 Speaker 2: called discretionary side of the spending equation that keeps going 129 00:09:06,240 --> 00:09:07,280 Speaker 2: up and up and up. 130 00:09:08,040 --> 00:09:12,000 Speaker 1: So in a sense, save our syrup program becomes a 131 00:09:12,040 --> 00:09:16,320 Speaker 1: major battle cry. Yeah, so we have a maple syrup program. 132 00:09:16,320 --> 00:09:17,959 Speaker 1: Do we have a molasses program? 133 00:09:18,520 --> 00:09:20,200 Speaker 2: I don't know that we do, but I'm sure there's 134 00:09:20,240 --> 00:09:23,960 Speaker 2: something comparable in there. So on the one hand, there 135 00:09:24,000 --> 00:09:26,720 Speaker 2: are some people when they talk about the federal budget, 136 00:09:27,360 --> 00:09:30,320 Speaker 2: all they want to talk about are the benefit programs. 137 00:09:31,320 --> 00:09:36,640 Speaker 2: But I believe that there's not a proper understanding of 138 00:09:36,679 --> 00:09:39,640 Speaker 2: what's going on inside a lot of these federal agencies, 139 00:09:39,760 --> 00:09:44,839 Speaker 2: the kind of damage that's being done. I've done some 140 00:09:44,880 --> 00:09:48,600 Speaker 2: research over the last few months looking at agencies like 141 00:09:48,640 --> 00:09:53,559 Speaker 2: the Spartment of Education, National Science Foundation that are promoting 142 00:09:53,679 --> 00:09:59,439 Speaker 2: a lot of deeply radical left wing ideology, the critical 143 00:09:59,520 --> 00:10:04,839 Speaker 2: race theory, very transgender ideology aimed at children. These are 144 00:10:05,120 --> 00:10:08,400 Speaker 2: parts of the federal government, where if you ask the 145 00:10:08,440 --> 00:10:12,720 Speaker 2: average person what these agencies are doing, it's not going 146 00:10:12,800 --> 00:10:15,240 Speaker 2: to seem like they're controversial. But when you look at 147 00:10:15,360 --> 00:10:19,800 Speaker 2: how they're operating now, especially under the Biden administration, it's 148 00:10:19,840 --> 00:10:23,840 Speaker 2: not just that they're wasting tax dollars. It's that they're 149 00:10:24,000 --> 00:10:31,600 Speaker 2: using tax dollars to undermine America's fundamental values. And in turn, 150 00:10:32,880 --> 00:10:37,880 Speaker 2: these are agencies that, through the discretionary spending process, have 151 00:10:37,960 --> 00:10:41,400 Speaker 2: been steadily getting more and more and more money with 152 00:10:41,559 --> 00:10:44,240 Speaker 2: bipartisan support year after year. 153 00:10:45,480 --> 00:10:47,520 Speaker 1: If you would, Devid, tell me about some of the 154 00:10:47,559 --> 00:10:49,680 Speaker 1: more outrageous earmarks that you found. 155 00:10:50,120 --> 00:10:53,280 Speaker 2: There were two earmarks, one that goes to a group 156 00:10:53,320 --> 00:10:56,360 Speaker 2: in Rhode Island, another that goes to a group in 157 00:10:56,400 --> 00:10:59,719 Speaker 2: New Hampshire. The way that they're labeled is very in 158 00:10:59,760 --> 00:11:02,160 Speaker 2: a fact, But then when you look at what these 159 00:11:02,200 --> 00:11:06,880 Speaker 2: groups actually do, these organizations that provide late term abortions, 160 00:11:07,559 --> 00:11:10,840 Speaker 2: and this is over two million taxpayer dollars going to 161 00:11:10,880 --> 00:11:15,080 Speaker 2: these organizations. Even if the money isn't directly for abortions, 162 00:11:15,480 --> 00:11:18,760 Speaker 2: money is fungible, and the federal support for these organizations 163 00:11:18,760 --> 00:11:20,760 Speaker 2: helping to keep the doors open and keep the lights on, 164 00:11:21,240 --> 00:11:25,280 Speaker 2: means that taxpayers are de facto subsidizing these abortions. 165 00:11:25,880 --> 00:11:28,200 Speaker 1: Well, I think it's particularly egregious when you start talking 166 00:11:28,200 --> 00:11:31,120 Speaker 1: about late term, you know, in the eighth and ninth month, 167 00:11:31,960 --> 00:11:35,679 Speaker 1: sometimes even on the last day. It's just remarkable. 168 00:11:36,760 --> 00:11:41,680 Speaker 2: Yeah, And obviously there remains a very heated debate about abortion, 169 00:11:41,760 --> 00:11:43,959 Speaker 2: about what the legal status should be in the country. 170 00:11:44,400 --> 00:11:47,800 Speaker 2: I feel like, at a bare minimum, we should be 171 00:11:47,840 --> 00:11:51,360 Speaker 2: able to agree that people shouldn't be forced to go 172 00:11:51,440 --> 00:11:54,800 Speaker 2: against their conscience. People who are pro life shouldn't be 173 00:11:55,040 --> 00:11:59,520 Speaker 2: forced by the IRS to provide their hard earned tax 174 00:11:59,600 --> 00:12:02,160 Speaker 2: dollars to the federal government and then have the federal 175 00:12:02,200 --> 00:12:06,360 Speaker 2: government turn around and help prop up abortionists. 176 00:12:07,000 --> 00:12:10,840 Speaker 1: Why are Republicans so weak on controlling government. 177 00:12:11,800 --> 00:12:15,200 Speaker 2: You have some Republicans, the more conservative wing, who are 178 00:12:15,200 --> 00:12:19,600 Speaker 2: willing to go to the mat on spending. Unfortunately there's 179 00:12:19,960 --> 00:12:23,880 Speaker 2: only so many of them. When you head more towards 180 00:12:24,000 --> 00:12:27,680 Speaker 2: the left flank of the GOP, you have many members 181 00:12:28,040 --> 00:12:33,680 Speaker 2: who are not just passively willing to accept a bigger government. 182 00:12:34,000 --> 00:12:38,200 Speaker 2: You have many members who actively enjoy seeing the federal 183 00:12:38,200 --> 00:12:43,200 Speaker 2: government grow, seeing these frederal bureaucracies obtain more power, obtain 184 00:12:43,320 --> 00:12:48,160 Speaker 2: more control over more parts of our day to day lives. Frankly, 185 00:12:48,480 --> 00:12:52,640 Speaker 2: I don't understand the appeal some of these members who 186 00:12:52,679 --> 00:12:56,880 Speaker 2: will talk about how wonderful business investment is, how important 187 00:12:56,880 --> 00:12:59,720 Speaker 2: it is to have a pro gross tax code. They'll 188 00:12:59,720 --> 00:13:02,120 Speaker 2: say that on one hand, then on the other hand, 189 00:13:02,920 --> 00:13:05,760 Speaker 2: you look at the legislation that they're supporting, whether it 190 00:13:05,960 --> 00:13:08,880 Speaker 2: becomes law in some cases even it doesn't become law. 191 00:13:09,200 --> 00:13:15,000 Speaker 2: But they consistently also support growing the federal behemoth, deepening 192 00:13:15,920 --> 00:13:20,160 Speaker 2: the swamp in Washington, d C. They're going against what 193 00:13:20,240 --> 00:13:25,360 Speaker 2: they claim to be in favor of. But ultimately, one 194 00:13:25,360 --> 00:13:29,120 Speaker 2: of the saddest realities about Washington is the easiest way 195 00:13:29,160 --> 00:13:31,160 Speaker 2: to tell whether a piece of legislation is going to 196 00:13:31,160 --> 00:13:52,280 Speaker 2: become law is if it increases spending and has Republican support. 197 00:13:54,040 --> 00:13:58,440 Speaker 1: They build HR forty three sixty six had about four 198 00:13:58,520 --> 00:14:03,559 Speaker 1: hundred and fifty nine billion dollars in discretionary spending for 199 00:14:03,679 --> 00:14:08,120 Speaker 1: fiscal year twenty twenty four across twelve federal departments and agencies. 200 00:14:09,040 --> 00:14:14,240 Speaker 1: That bill includes over six thousand, six hundred projects requested 201 00:14:14,240 --> 00:14:18,640 Speaker 1: by individual lawmakers. Isn't that almost an explosion of pork. 202 00:14:20,240 --> 00:14:23,320 Speaker 2: This is one of the biggest tragedies of the last 203 00:14:23,320 --> 00:14:27,320 Speaker 2: few years I believe is that Congress had actually taken 204 00:14:27,320 --> 00:14:32,160 Speaker 2: a step towards being more responsible. They had decided on 205 00:14:32,200 --> 00:14:35,320 Speaker 2: a bipartisan basis to get rid of these pork barrel 206 00:14:35,360 --> 00:14:40,480 Speaker 2: projects entirely. And then as soon as Democrats took control 207 00:14:40,800 --> 00:14:44,640 Speaker 2: in twenty twenty one, the ear marks came back. And 208 00:14:44,720 --> 00:14:49,680 Speaker 2: unfortunately bringing them back has also had bipartisan support. You 209 00:14:49,760 --> 00:14:53,840 Speaker 2: even had a majority of Republicans in the House of Representatives, 210 00:14:54,240 --> 00:14:57,400 Speaker 2: I believe last year voted to keep this in place. 211 00:14:58,480 --> 00:15:04,440 Speaker 2: And while Republicans tend to be using these line items 212 00:15:04,440 --> 00:15:10,680 Speaker 2: spending measures to support fairly routine things like highway expansions 213 00:15:10,840 --> 00:15:15,840 Speaker 2: or work on inland waterways, unfortunately that gives the green 214 00:15:15,920 --> 00:15:20,000 Speaker 2: light for Democrats to spend on what they're most interested in. 215 00:15:20,720 --> 00:15:24,720 Speaker 2: And so oftentimes what the Democrats are interested in is 216 00:15:24,800 --> 00:15:30,160 Speaker 2: promoting far left ideology on things like critical race theory, 217 00:15:30,680 --> 00:15:35,480 Speaker 2: things like the LGBTQ agenda. And again, it's one thing 218 00:15:35,640 --> 00:15:40,080 Speaker 2: if a private individual or a private entity wants to 219 00:15:40,120 --> 00:15:44,080 Speaker 2: promote these ideas. It's a free country. I really resent 220 00:15:44,400 --> 00:15:48,240 Speaker 2: when they're using public tax dollars, and I resent it 221 00:15:48,240 --> 00:15:50,600 Speaker 2: even more when they're spending money we don't have. 222 00:15:51,720 --> 00:15:55,760 Speaker 1: But what you have here is borrowing money in order 223 00:15:55,800 --> 00:16:00,280 Speaker 1: to spend the money on propaganda that the government launches you. 224 00:16:00,920 --> 00:16:04,160 Speaker 1: So in essense, you're paying for your own endoctrination. 225 00:16:05,080 --> 00:16:10,080 Speaker 2: Yeah, that is absolutely the case. So one example, Senator 226 00:16:10,160 --> 00:16:14,320 Speaker 2: Van Holland of Maryland secured a half million dollar earmark 227 00:16:14,880 --> 00:16:19,960 Speaker 2: for the NAACP, which once had somewhat of a noble 228 00:16:20,080 --> 00:16:23,760 Speaker 2: mission back in the nineteen sixty civil rights movement, but 229 00:16:23,880 --> 00:16:30,680 Speaker 2: which is now almost entirely devoted to promoting racial animosity. 230 00:16:30,960 --> 00:16:34,760 Speaker 2: This is a group that is extremely partisan how it operates. 231 00:16:34,760 --> 00:16:38,360 Speaker 2: It's a de facto wing of the Democratic Party. It 232 00:16:38,400 --> 00:16:42,640 Speaker 2: has no business receiving one cent of taxpayer dollars, and 233 00:16:42,720 --> 00:16:45,680 Speaker 2: yet they're getting half a million taxpayer dollars. 234 00:16:46,200 --> 00:16:48,000 Speaker 1: The list just sort of goes on and on and 235 00:16:48,040 --> 00:16:51,880 Speaker 1: on about where money's being spent in Is it largely 236 00:16:52,160 --> 00:16:54,360 Speaker 1: just sort of I take care of your district, you 237 00:16:54,400 --> 00:16:55,400 Speaker 1: take care of mine. 238 00:16:56,080 --> 00:16:58,640 Speaker 2: When you look at how a lot of middle of 239 00:16:58,680 --> 00:17:02,880 Speaker 2: the road Republicans who are on board of their marks, 240 00:17:03,200 --> 00:17:06,840 Speaker 2: I think that's how they're viewing it, because again they 241 00:17:06,840 --> 00:17:12,119 Speaker 2: aren't quite as deeply ideologically driven. They're looking at it 242 00:17:12,160 --> 00:17:16,640 Speaker 2: in terms of, oh, my district might need help reservicing 243 00:17:16,680 --> 00:17:20,679 Speaker 2: a road, and my district will get this money, so 244 00:17:21,080 --> 00:17:25,679 Speaker 2: in turn, we'll let this Democratic district have some money. 245 00:17:26,520 --> 00:17:30,960 Speaker 2: Democrats are being much more strategic with how they want 246 00:17:30,960 --> 00:17:34,760 Speaker 2: to use these taxpayer dollars. They fund what I call 247 00:17:34,920 --> 00:17:38,560 Speaker 2: the infrastructure of the left, which means all these left 248 00:17:38,560 --> 00:17:43,680 Speaker 2: wing institutions, both inside and outside of government. I think 249 00:17:43,840 --> 00:17:48,280 Speaker 2: there are times where everyday Americans might be looking at 250 00:17:48,440 --> 00:17:51,440 Speaker 2: what's in the news and saying, why are there organizations 251 00:17:51,480 --> 00:17:54,800 Speaker 2: that are paying people to block highways, Why are their 252 00:17:55,080 --> 00:18:01,760 Speaker 2: organizations that are promoting transgender ideology in our schools? Why 253 00:18:01,800 --> 00:18:05,520 Speaker 2: are there all these groups protesting in the streets and 254 00:18:05,600 --> 00:18:11,520 Speaker 2: support of hamas terrorists. This is all possible because the 255 00:18:11,600 --> 00:18:18,639 Speaker 2: far left has institutions that fund radical activists, and unfortunately, 256 00:18:19,240 --> 00:18:25,120 Speaker 2: the moderate Republicans have signed off on getting Democrats slush 257 00:18:25,160 --> 00:18:29,520 Speaker 2: funds to work with, and then the Democrats use our 258 00:18:29,560 --> 00:18:32,960 Speaker 2: tax dollars to fund these left wing institutions. It's something 259 00:18:33,000 --> 00:18:34,280 Speaker 2: that has got to stop. 260 00:18:34,960 --> 00:18:37,520 Speaker 1: Part of the side effect of this is that the 261 00:18:37,640 --> 00:18:40,359 Speaker 1: national debt now is up to thirty four and a 262 00:18:40,440 --> 00:18:46,600 Speaker 1: half trillion dollars, which is really pretty staggering. The federal 263 00:18:46,640 --> 00:18:49,639 Speaker 1: debt keeps going up, and you go back one hundred years, 264 00:18:49,920 --> 00:18:51,960 Speaker 1: it was four hundred and three billion dollars in that 265 00:18:52,040 --> 00:18:56,359 Speaker 1: frankly included part of the World War I costs because 266 00:18:56,359 --> 00:18:58,880 Speaker 1: it was going down at the time, and now it's 267 00:18:59,000 --> 00:19:01,200 Speaker 1: jumped all the way up into the thirty four and 268 00:19:01,200 --> 00:19:03,840 Speaker 1: a half trillion. And it seems to me when you 269 00:19:03,840 --> 00:19:05,840 Speaker 1: have that big a debt, then you have a huge 270 00:19:05,920 --> 00:19:08,960 Speaker 1: interest payment on the debt. And if interest rates keep 271 00:19:09,000 --> 00:19:11,440 Speaker 1: going up. The federal government is the largest debt or 272 00:19:11,480 --> 00:19:13,720 Speaker 1: in the world, so it's interest payments is going to 273 00:19:13,720 --> 00:19:15,879 Speaker 1: go up. I mean, doesn't this become a dangerous cycle? 274 00:19:16,600 --> 00:19:20,440 Speaker 2: It absolutely does. We're likely going to spend over one 275 00:19:20,600 --> 00:19:25,160 Speaker 2: trillion dollars on interest on the national debt, which is 276 00:19:25,400 --> 00:19:29,800 Speaker 2: somewhere around six thousand dollars for every household in the country, 277 00:19:30,640 --> 00:19:34,600 Speaker 2: just this year, just to maintain the national debt where 278 00:19:34,640 --> 00:19:37,720 Speaker 2: it is. And it's not as though this is paying 279 00:19:37,760 --> 00:19:40,600 Speaker 2: down the debt, because the national debt is going to 280 00:19:40,600 --> 00:19:44,920 Speaker 2: be increasing by around one point five to two trillion 281 00:19:45,000 --> 00:19:52,960 Speaker 2: dollars every single year moving forward indefinitely, which is completely unsustainable. 282 00:19:53,840 --> 00:19:57,240 Speaker 2: It's absolutely possible for interest rates to have a sudden 283 00:19:57,280 --> 00:20:03,000 Speaker 2: spike because the global markets for buying the US debt 284 00:20:03,200 --> 00:20:08,160 Speaker 2: can only afford to buy so much, and if interest 285 00:20:08,200 --> 00:20:11,560 Speaker 2: rates go much higher than they are, very quickly, you 286 00:20:11,600 --> 00:20:15,240 Speaker 2: would see just interest payments on the debt absorbing all 287 00:20:15,320 --> 00:20:20,400 Speaker 2: of the income tax dollars that the US economy produces 288 00:20:20,440 --> 00:20:23,840 Speaker 2: every single year, and in that case, we're not going 289 00:20:23,880 --> 00:20:27,840 Speaker 2: to have money for covering the other core expenses of 290 00:20:27,840 --> 00:20:33,040 Speaker 2: the federal government, like veterans benefits, like national defense. Also, 291 00:20:33,480 --> 00:20:37,439 Speaker 2: the higher the interest payments go, the more deficit spending 292 00:20:37,480 --> 00:20:40,359 Speaker 2: we have, and the more deficit spending we have, the 293 00:20:40,480 --> 00:20:43,440 Speaker 2: harder it's going to be to ever start catching up 294 00:20:44,000 --> 00:20:47,520 Speaker 2: on all the economic gains that we've lost to inflation 295 00:20:47,600 --> 00:20:48,920 Speaker 2: over the last couple of years. 296 00:20:49,440 --> 00:20:51,159 Speaker 1: It seems to be one of the great problems is 297 00:20:51,200 --> 00:20:55,200 Speaker 1: that the Federal Reserve is trying to use interest rates, 298 00:20:55,840 --> 00:20:59,040 Speaker 1: which primarily affect the private sector. But if you have 299 00:20:59,119 --> 00:21:03,600 Speaker 1: a government pouring over a trillion dollars a year in 300 00:21:04,040 --> 00:21:08,000 Speaker 1: unpaid for spending, they're going to inflate the amount of 301 00:21:08,040 --> 00:21:12,119 Speaker 1: currency that's available at the very time that the Federal 302 00:21:12,160 --> 00:21:15,639 Speaker 1: Reserve is trying to constrain it. So you end up 303 00:21:15,680 --> 00:21:20,719 Speaker 1: with a very very heavy bias towards crushing the private 304 00:21:20,760 --> 00:21:25,480 Speaker 1: sector while expanding the government sector, which is part of 305 00:21:25,480 --> 00:21:27,919 Speaker 1: why I think forty percent of all new jobs have 306 00:21:28,000 --> 00:21:31,320 Speaker 1: actually been directly or indirectly tied to the government. But 307 00:21:31,440 --> 00:21:35,400 Speaker 1: isn't this whole problem of very large deficit spending almost 308 00:21:35,400 --> 00:21:37,879 Speaker 1: inevitably inflationary. 309 00:21:37,920 --> 00:21:40,760 Speaker 2: It absolutely is, And you're right about the cost to 310 00:21:40,960 --> 00:21:44,159 Speaker 2: the private sector. The higher borrowing cost mean there's going 311 00:21:44,240 --> 00:21:46,640 Speaker 2: to be a lot less private investment, which is going 312 00:21:46,680 --> 00:21:50,600 Speaker 2: to reduce economic growth. It's going to reduce job creation. 313 00:21:52,000 --> 00:21:54,600 Speaker 2: We're caught in a bind as long as Washington keeps 314 00:21:54,720 --> 00:22:00,879 Speaker 2: avoiding physcal responsibility. Right now, we've got both high interest 315 00:22:00,960 --> 00:22:06,720 Speaker 2: rates and elevated inflation. If you try to lower interest rates, 316 00:22:07,359 --> 00:22:10,280 Speaker 2: that's going to get you higher inflation. If you try 317 00:22:10,320 --> 00:22:13,160 Speaker 2: to push harder against inflation and raise interest rates even further, 318 00:22:13,560 --> 00:22:18,520 Speaker 2: you risk crashing the economy altogether. The only way to 319 00:22:18,560 --> 00:22:21,440 Speaker 2: fix it so that we can start bringing interest rates down. 320 00:22:21,720 --> 00:22:25,080 Speaker 2: By the way, another big problem with high interest rates 321 00:22:25,119 --> 00:22:27,840 Speaker 2: is it's now very difficult for young families to afford 322 00:22:27,840 --> 00:22:30,359 Speaker 2: to buy a home, and that means we're going to 323 00:22:30,400 --> 00:22:34,960 Speaker 2: have fewer young families, fewer babies, and that only makes 324 00:22:35,000 --> 00:22:37,520 Speaker 2: everything worse. Down the road. In terms of our budget problems, 325 00:22:37,960 --> 00:22:42,639 Speaker 2: everything just compounds on itself. The longer we wait to 326 00:22:42,720 --> 00:22:46,480 Speaker 2: take action on bringing the size and scope of the 327 00:22:46,480 --> 00:22:51,399 Speaker 2: federal government back to a realistic size, the harder the 328 00:22:51,400 --> 00:22:52,560 Speaker 2: solutions are going to be. 329 00:22:53,320 --> 00:22:56,600 Speaker 1: So the longer we go down this road, the more 330 00:22:56,640 --> 00:22:59,600 Speaker 1: painful it's going to get to be. At the same time, 331 00:23:00,640 --> 00:23:05,520 Speaker 1: the more difficult any kind of corrective action becomes. Yes, 332 00:23:05,920 --> 00:23:08,920 Speaker 1: in your mind and from your background as an analyst, 333 00:23:09,119 --> 00:23:12,320 Speaker 1: did you see anything in the recent bill that begins 334 00:23:12,359 --> 00:23:14,440 Speaker 1: to move towards less spending. 335 00:23:16,000 --> 00:23:20,919 Speaker 2: There are a small number of specific programs in federal 336 00:23:20,960 --> 00:23:25,639 Speaker 2: bureaus that either had their spending frozen, which you could 337 00:23:25,720 --> 00:23:30,520 Speaker 2: view as a reduction when you adjust for inflation, which 338 00:23:30,560 --> 00:23:34,560 Speaker 2: also a few small areas that were cut. By and large, 339 00:23:34,600 --> 00:23:38,560 Speaker 2: what this spending bill does is keeps things frozen in place. 340 00:23:39,560 --> 00:23:42,960 Speaker 2: The problem is that the year before there is a 341 00:23:43,040 --> 00:23:47,720 Speaker 2: huge spending increase. So if you compare the most recent 342 00:23:47,800 --> 00:23:52,280 Speaker 2: bill to where things were just two years ago, it's 343 00:23:52,320 --> 00:23:56,160 Speaker 2: still a very real spending increase overall, And again we're 344 00:23:56,200 --> 00:23:59,240 Speaker 2: in a place where we can't really afford spending increases anywhere. 345 00:24:15,800 --> 00:24:21,080 Speaker 1: At the Heritage Foundation, you've been developing a budget reform program. 346 00:24:21,200 --> 00:24:24,640 Speaker 1: I mean, what are your recommendations for Congress to address 347 00:24:24,640 --> 00:24:25,680 Speaker 1: budget reform? 348 00:24:25,800 --> 00:24:29,000 Speaker 2: Yes, thank you for mentioning that the Heritage Foundation has 349 00:24:29,080 --> 00:24:34,360 Speaker 2: what we call a budget blueprint that would dramatically reduce 350 00:24:34,480 --> 00:24:38,240 Speaker 2: wasteful spending across the board. We have I believe, about 351 00:24:38,280 --> 00:24:41,920 Speaker 2: one hundred and eighty different spending reduction options right now. 352 00:24:42,840 --> 00:24:47,920 Speaker 2: There's so much of the federal apparatus that everyday Americans 353 00:24:48,560 --> 00:24:53,520 Speaker 2: get absolutely no benefit from whatsoever. So the Heritage budget 354 00:24:53,560 --> 00:24:58,600 Speaker 2: plan would not only reduce lots of wasteful parts of 355 00:24:58,640 --> 00:25:03,119 Speaker 2: the federal bureaucracy, would also makes also security and medicare 356 00:25:03,720 --> 00:25:08,280 Speaker 2: survive rather than go bankrupt. It would also reform the 357 00:25:08,320 --> 00:25:11,680 Speaker 2: tax code because there's a lot of what's essentially spending 358 00:25:12,040 --> 00:25:14,720 Speaker 2: is done through the tax code, so enabling us to 359 00:25:14,800 --> 00:25:19,720 Speaker 2: maintain a pro gross tax code, this plan would really 360 00:25:20,160 --> 00:25:24,280 Speaker 2: benefit in terms of economic growth while also making sure 361 00:25:24,320 --> 00:25:25,600 Speaker 2: that the country doesn't go broke. 362 00:25:26,160 --> 00:25:29,640 Speaker 1: Which you also have some pretty dramatic reforms, such as 363 00:25:30,040 --> 00:25:33,040 Speaker 1: repealing the Davis Macon Act, which has been there since 364 00:25:33,080 --> 00:25:33,959 Speaker 1: the nineteen thirties. 365 00:25:34,480 --> 00:25:37,679 Speaker 2: Yeah, there are programs that the Heritage Foundation has been 366 00:25:38,359 --> 00:25:41,560 Speaker 2: going after since it was founded. In the nineteen seventies 367 00:25:42,000 --> 00:25:47,640 Speaker 2: the Davis Bacon Act, which requires that projects receiving federal 368 00:25:47,680 --> 00:25:54,600 Speaker 2: fundels have to utilize essentially union mandated wages. There's also 369 00:25:54,640 --> 00:26:00,040 Speaker 2: something similar on work rules. This is something that I 370 00:25:59,800 --> 00:26:02,639 Speaker 2: have honestly don't know why Republicans have been willing to 371 00:26:02,680 --> 00:26:06,280 Speaker 2: sign off on it for so many generations. But what 372 00:26:06,440 --> 00:26:13,760 Speaker 2: ends up happening is it prevents contractors who aren't unionized 373 00:26:13,800 --> 00:26:17,480 Speaker 2: from bidding on government projects. You have a smaller number 374 00:26:17,520 --> 00:26:21,280 Speaker 2: of bidders who are able to then demand higher prices. 375 00:26:21,960 --> 00:26:24,600 Speaker 2: So then when the federal government is funding a project, 376 00:26:24,640 --> 00:26:26,920 Speaker 2: that means that project is going to cost a lot more, 377 00:26:26,960 --> 00:26:30,359 Speaker 2: it's going to tend to take longer to get completed. 378 00:26:31,080 --> 00:26:33,919 Speaker 2: Another thing that does is that undermines the right to 379 00:26:34,000 --> 00:26:36,400 Speaker 2: work states, which is now a majority of the country, 380 00:26:37,400 --> 00:26:39,720 Speaker 2: because there's no right to work when the federal government 381 00:26:39,760 --> 00:26:40,400 Speaker 2: gets involved. 382 00:26:40,760 --> 00:26:43,520 Speaker 1: So in a sense, this is a good example where 383 00:26:43,640 --> 00:26:48,080 Speaker 1: prices are made more expensive, the competitive pool is much smaller. 384 00:26:48,320 --> 00:26:50,159 Speaker 1: And one of the places I've mentioned to look at 385 00:26:50,520 --> 00:26:53,840 Speaker 1: is rebuilding the bridge in Baltimore and whether or not 386 00:26:53,880 --> 00:26:56,760 Speaker 1: all these things apply to make it more expensive and 387 00:26:56,840 --> 00:26:58,520 Speaker 1: more difficult and make it take. 388 00:26:58,400 --> 00:27:04,200 Speaker 2: Longer very important bridge. And while I generally am someone 389 00:27:04,200 --> 00:27:08,160 Speaker 2: who doesn't think the federal government should get involved, if 390 00:27:08,200 --> 00:27:10,919 Speaker 2: the federal government was in a position to make the 391 00:27:10,960 --> 00:27:16,280 Speaker 2: bridge construction go faster, you make that process happen more smoothly, 392 00:27:17,000 --> 00:27:19,639 Speaker 2: that's something that might be worth spending a little bit 393 00:27:19,640 --> 00:27:22,600 Speaker 2: of money on. There's a couple problems there. Of course. 394 00:27:22,960 --> 00:27:27,080 Speaker 2: Number one, they don't need to pass additional spending. They 395 00:27:27,160 --> 00:27:29,920 Speaker 2: just passed a huge infrastructure program a couple of years ago. 396 00:27:30,560 --> 00:27:32,720 Speaker 2: The money is already there, they just need to draw 397 00:27:32,800 --> 00:27:35,440 Speaker 2: from it. But then, of course, on the other side, 398 00:27:35,560 --> 00:27:38,720 Speaker 2: you have all the red tape about what business is 399 00:27:38,800 --> 00:27:42,000 Speaker 2: very able to bid, where the materials are allowed to 400 00:27:42,040 --> 00:27:46,200 Speaker 2: come from. And then in turn, the Biden administration imposes 401 00:27:46,320 --> 00:27:50,720 Speaker 2: lots of mandates on infrastructure programs that have nothing to 402 00:27:50,760 --> 00:27:54,200 Speaker 2: do with any law of Congress past related to things 403 00:27:54,240 --> 00:28:01,359 Speaker 2: like diversity, equity and inclusion, environmental justice, racial justice, climate change. 404 00:28:01,720 --> 00:28:05,160 Speaker 2: When you add all that red tape together, we're spending 405 00:28:05,320 --> 00:28:07,840 Speaker 2: multiple times more than we need to on the projects. 406 00:28:08,080 --> 00:28:10,720 Speaker 2: They take years longer than they need to. I mean, 407 00:28:10,800 --> 00:28:14,360 Speaker 2: right now, the expectation is rebuilding this bridge would take 408 00:28:14,400 --> 00:28:18,560 Speaker 2: ten years, even though the initial construction only took five years. 409 00:28:18,960 --> 00:28:21,480 Speaker 2: That's absolutely not how we should be doing things in America. 410 00:28:21,960 --> 00:28:25,600 Speaker 1: I just did a newsletter at GAINID three sixty on 411 00:28:25,760 --> 00:28:30,440 Speaker 1: rebuilding the Baltimore Bridge, and we've had some examples. One 412 00:28:30,480 --> 00:28:35,560 Speaker 1: in Minneapolis that was remarkably fast, got the job done. 413 00:28:35,800 --> 00:28:39,080 Speaker 1: The north Ridge earthquake when Governor Wilson was in charge 414 00:28:39,120 --> 00:28:42,920 Speaker 1: in California got the job done remarkably fast. You can 415 00:28:43,080 --> 00:28:46,000 Speaker 1: do it, but it requires breaking out of the mindset 416 00:28:46,320 --> 00:28:50,280 Speaker 1: of federal red tape and federal regulatory overreach. And it 417 00:28:50,320 --> 00:28:53,760 Speaker 1: will be interesting to see whether or not the Biden 418 00:28:53,840 --> 00:28:58,440 Speaker 1: people decide that getting Baltimore back to work is more 419 00:28:58,480 --> 00:29:02,720 Speaker 1: important than filling out the next ten thousand pages of regulations. 420 00:29:03,160 --> 00:29:05,240 Speaker 1: And I think that's going to be a big discussion 421 00:29:05,720 --> 00:29:08,600 Speaker 1: over the next few weeks for that very reason, because 422 00:29:08,640 --> 00:29:11,840 Speaker 1: it involves so many jobs. And the other thing I've 423 00:29:11,880 --> 00:29:15,960 Speaker 1: been pushing is they should insist that the shipping company 424 00:29:16,000 --> 00:29:19,640 Speaker 1: and its insurance companies pay for the bridge. This is 425 00:29:19,680 --> 00:29:22,920 Speaker 1: a ClearCase where you have somebody who's responsible, and while 426 00:29:22,960 --> 00:29:24,720 Speaker 1: I think we might loan them the money to keep 427 00:29:24,760 --> 00:29:27,520 Speaker 1: moving while we fight over it, I think this should 428 00:29:27,560 --> 00:29:31,000 Speaker 1: be a specific goal of trying to get the total 429 00:29:31,040 --> 00:29:33,880 Speaker 1: costs of the bridge repair done by the people who 430 00:29:33,920 --> 00:29:38,080 Speaker 1: are responsible for hitting the bridge, which fits perfectly in 431 00:29:38,080 --> 00:29:38,840 Speaker 1: insurance law. 432 00:29:39,480 --> 00:29:43,680 Speaker 2: Absolutely, the federal government wasn't operating the ship, State of 433 00:29:43,680 --> 00:29:46,960 Speaker 2: Maryland wasn't operating the ship. A private company was operating 434 00:29:47,000 --> 00:29:51,800 Speaker 2: the ship. They have the primary responsibility. And while it 435 00:29:51,880 --> 00:29:55,920 Speaker 2: might take a few years for different lawsuits to determine 436 00:29:56,080 --> 00:29:59,400 Speaker 2: whether it's going to be the shipowner or the people 437 00:29:59,400 --> 00:30:02,400 Speaker 2: who are responsib for the crew who exactly bears the 438 00:30:02,520 --> 00:30:06,120 Speaker 2: private side responsibility, we don't have a couple of years 439 00:30:06,200 --> 00:30:09,120 Speaker 2: to sit around waiting for the legal process to sort out. 440 00:30:09,160 --> 00:30:13,160 Speaker 2: We do want to get the rebuilding process started, but absolutely, 441 00:30:13,200 --> 00:30:16,080 Speaker 2: I think it's really important for the federal government to 442 00:30:16,160 --> 00:30:18,239 Speaker 2: keep its eye on the ball and make sure the 443 00:30:18,280 --> 00:30:21,880 Speaker 2: taxpayers are paid back by the companies involved. 444 00:30:22,120 --> 00:30:25,400 Speaker 1: We could loan the money to an organization set up 445 00:30:25,440 --> 00:30:28,520 Speaker 1: to build the bridge, with the understanding that that organization 446 00:30:29,080 --> 00:30:31,960 Speaker 1: would then take whatever legal steps are necessary for the 447 00:30:32,000 --> 00:30:34,960 Speaker 1: shipping company and the insurance companies to get the money 448 00:30:35,000 --> 00:30:38,280 Speaker 1: back for the taxpayers, and just that attitude would be 449 00:30:38,320 --> 00:30:41,960 Speaker 1: a good step towards moving back towards a balance budget, which, 450 00:30:41,960 --> 00:30:45,240 Speaker 1: as you know I helped author the only four balance 451 00:30:45,280 --> 00:30:48,160 Speaker 1: budgets in your lifetime, so I know it can be done, 452 00:30:48,440 --> 00:30:51,240 Speaker 1: but it takes a totally different attitude and frankly, a 453 00:30:51,280 --> 00:30:54,640 Speaker 1: lot of mental toughness in order to get it done. David, 454 00:30:54,720 --> 00:30:57,040 Speaker 1: I want to thank you for joining me. I want 455 00:30:57,080 --> 00:31:00,440 Speaker 1: to encourage our listeners to go to Heritage dot org 456 00:31:00,800 --> 00:31:04,120 Speaker 1: to read your latest articles analyzing the spending bill the 457 00:31:04,160 --> 00:31:06,920 Speaker 1: earmarks within it. I think it is so important for 458 00:31:07,000 --> 00:31:09,920 Speaker 1: us as a country to realize that we will never 459 00:31:10,040 --> 00:31:13,840 Speaker 1: lower the federal debt unless we curtail spending, and another 460 00:31:13,880 --> 00:31:17,480 Speaker 1: more triman earmarks would be a great first step. Thank 461 00:31:17,520 --> 00:31:23,320 Speaker 1: you very much, Thank you to my guest David Ditch. 462 00:31:23,880 --> 00:31:25,960 Speaker 1: You can read more about the earmarks and the one 463 00:31:26,000 --> 00:31:29,480 Speaker 1: point two trillion dollar spending bill on our show page 464 00:31:29,680 --> 00:31:33,200 Speaker 1: at Newtsworld dot com. News World is produced by Ganglish 465 00:31:33,200 --> 00:31:38,560 Speaker 1: three sixty Antiheartmedia. Our executive producer is Guarnsey Sloan and 466 00:31:38,640 --> 00:31:42,520 Speaker 1: our researcher is Rachel Peterson. The artwork for the show 467 00:31:42,880 --> 00:31:46,280 Speaker 1: was created by Steve Fenley. Special thanks to the team 468 00:31:46,320 --> 00:31:49,480 Speaker 1: at Ganish three sixty. If you've been enjoying Newts World, 469 00:31:49,760 --> 00:31:52,680 Speaker 1: I hope you'll go to Apple Podcast and both rate 470 00:31:52,760 --> 00:31:55,480 Speaker 1: us with five stars and give us a review so 471 00:31:55,600 --> 00:31:59,160 Speaker 1: others can learn what it's all about. Right now, listeners 472 00:31:59,160 --> 00:32:02,320 Speaker 1: of New World can say for my three free weekly 473 00:32:02,400 --> 00:32:07,960 Speaker 1: columns at gingriishtree sixty dot com slash newsletter, I'm newt gingriichh. 474 00:32:08,360 --> 00:32:09,320 Speaker 1: This is Newtsworld