Bill O’Reilly’s No Spin News and Analysis - O'Reilly Update Morning Edition, March 14, 2024
Episode Date: March 14, 2024President Biden’s shocking budget proposal. Learn more about your ad choices. Visit megaphone.fm/adchoices...
Transcript
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Bill O'Reilly here, and I'm warming up.
Standby for the O'Reilly Update Morning Edition.
On this Thursday, President Biden's proposed 2025 budget is truly shocking.
He is asking for $7.3 trillion in spending when the previous high for any other president was $4.75 trillion.
That number came in 2020 from Donald Trump.
While most Americans do not understand the danger here, and the corrupt media will not report it,
if federal spending reaches that level, economic catastrophe is almost as short.
Last year, Americans sent $4.5 trillion to Washington in taxes.
That's about $3 trillion less than Biden wants to spend next year.
If my math is correct, then it is.
so taxes on everything would have to rise already the extravagant joe wants to tax corporations at
28% up from 21 if that happens businesses will pass the hike onto us the consumers pretty much
guaranteeing a fierce economic slowdown the united states currently carries a 34 trillion dollar
debt. President Biden is responsible for $6 trillion of that in just three years. He is the biggest
spending president in history. His progressive base wants socialism, and that's what Joe will try to
give them. Remember that come November. Back after this. Let's face it, the U.S. economy is under
stress. National debt rising, trade war, shaking the markets. And meanwhile, China is dumping the
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That is the morning O'Reilly update. More analysis later on.