CARL QUINTANILLA: This is one of those interesting moments where we're having a discussion about the issue and the players and we just happen to have House Speaker McCarthy here.
CARL QUINTANILLA: This is one of those interesting moments where we're having a discussion about the issue and the players and we just happen to have House Speaker McCarthy here.KEVIN MCCARTHY: Just walked on the floor. Thought I'd stop by.QUINTANILLA: What what is your message upstairs? What was your message? And how do you think market should be responding to it right now?, I sat down with this President.
EISEN: Well then you're playing with America's standing and faith, full faith and credit of U.S. government debt? I feel like you can deal with the spending in other ways which is totally legitimate. QUINTANILLA: So then what do you say to those who wonder, cut what? Because we've watched debates about Social Security and Medicare and today and snap right looking for unanimity among that issue in the GOP alone? What are the cuts going to be? Where will you cut back?
MCCARTHY: Well, there's, well the first blame is how did inflation get created? Well, Milton Friedman tells you, "Inflation only gets created in Washington." It was the $6 trillion. Even Democrats tell you it is the it is the immoral sin of when they when the Democrats passed their Covid bill that created the inflation, the extra $2 trillion. So that is created but the Fed had they acted faster, you could have stopped the rise of inflation.
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