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CNN’s Smerconish Battles Creator of ‘DOGE Dividend’ Plan: ‘Do I Have to Silence Your Microphone?’
RUSH TRANSCRIPT:
Their doge dividend check will be. Remember in economics. Show me the incentive and I‘ll show you the outcome we‘re giving every American.
>> I‘m going to get to the economics. Come on. I gave you a chance for a great a great sound bite you got. And those soft power exercises make for great sound bites. But when you drill down, for example, on sesame street in Iraq, they often make sense. Joseph nye from Harvard, who gets credited with the coinage of the word soft power. You know, you‘d rather spend on that than bullets. But wait, you want to talk about there was a terrorist.
>> Attack in Iraq last month that killed 40 people. It‘s clearly not working. Soft power and sesame street are not working. If there are terrorists, we need to kill the terrorists. We don‘t need to fund Big Bird and Elmo.
>> Maybe the terror. Maybe the terrorist would have been better off watching Big Bird than learning in a madrassa. Let me make my point. Put on the screen from the peterson foundation. This is where the rubber meets the road. We are $36 trillion in debt. I don‘t know if you can see that, but that‘s 106,121 for every single person in America. So if Elon Musk is successful in saving us money from waste, fraud and abuse. And by the way, James, I hope that he is. I don‘t like the approach, but I like the fact that something is being done. There is no money in the till. We owe 36 trillion. We owe $106,000 each. So whatever the savings ought to be, it‘s not like President Trump is doing us a favor by giving us 20%. everything ought to go to the debt, because the peterson people say by 2050, 50% of all revenue is going to go to satisfying interest on the debt. We should be paying the debt. Your response?
>> My response is this we should be paying the debt, which is why the doge dividend incentivizes every American to call out waste, fraud and abuse, to lower the budget, to narrow the deficit, and to bring down the debt. Where was this emergency? Over the debt when we sent $350 billion to Ukraine to be wasted? Where was this emergency, Michael, on CNN when you guys were advocating $7,000 to migrants in Chicago, $7,000 a month per migrant, and now we want to spend $5,000, one time for President Trump to hard working Americans. The migrants didn‘t deserve $7,000 a month. Hard working Americans deserve a $5,000 check with President Trump‘s name on it. So enough with the double standard. Ukraine did not deserve $350 billion.
>> Listen to me, listen to me. This is madoff. Like. This is a ponzi scheme.
>> No. Ukraine was a ponzi scheme. The migrant funding was a ponzi scheme. Hard working Americans deserve a break. It was their money, Michael. It was their money.
>> James. James, give me a chance to speak theoretically. It‘s my program. We don‘t have the money, is what I‘m trying to tell you. It‘s a ponzi.
>> So we didn‘t have the money for Ukraine, right? We didn‘t have the money for Ukraine. 350 billion.
>> I never do this. I don‘t want to be that guy. Do I have to silence your microphone so that I can respond to what you said? Because there‘s so much fallacy in what you just offered. Please. I have a very simple I have a very simple premise here. We‘re $36 trillion in debt. It‘s a fraud. As much as I want to see us cut waste, fraud and abuse, it is an absolute fraud to say to the American people because of what Musk is doing, we have five grand to give each of you. The only way we have five grand is if we‘re borrowing it, because we‘re that far in debt. I‘m trying to meet you halfway, which is simply to say, what a good thing that finally we‘re going to look at waste, fraud and abuse. Albeit it shouldn‘t be in this haphazard fashion, but let‘s at least be honest with the American people that whatever we quote unquote save, we already owe. Now I‘m going to give you 30s to respond, and then I‘m going to say, see you later. Go ahead, Michael.
>> Let me say this. We‘re fellow Americans. We care about this issue. And I‘m grateful for the opportunity to come on this program. But I‘ve got to speak truth here. At the end of the day, we have got to send the money back. That is saved just 20% of it. The other 80% going goes down to paying the national debt and narrowing the deficit. To your point, yes, there has been a fraud, a fraud against the American people. The green new scam Ukraine, the migrant crisis. Their taxpayer dollars were sent abroad, were not sent at home, were not spent in America, not on health care, not on education. That ends with President Trump‘s leadership. Today, he is delivering on his promise of major government reform. Michael, the doge dividend plan is bold and Americans support it.
>> All right, I‘m calling I‘m
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