The Daily Signal - TOP NEWS | Biden Touts Federal Deficit Drop, Sotomayor Tribute to Justice Thomas, TikTok Denies Tracking Location, Jan. 6 Committee Subpoenas Trump and Sentences Bannon | Oct. 21

Episode Date: October 21, 2022

On today’s Daily Signal Top News, we break down:  Biden touts $1.4 trillion drop in federal budget deficit Justice Sotomayor compliments Justice Thomas TikTok denies using location data to track... people Jan. 6 Committee subpoenas Trump and sentences Steve Bannon Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:34 And this is the Daily Signal Top News for Friday, October 21st. Here are today's headlines. President Biden boasted about the $1.4 trillion drop in the federal budget deficit during the 2022 fiscal year. Biden told reporters today that this is the largest one-year drop in American history. He added, let me be clear. This record deficit reduction includes the cost of my student-lawful. loan plan and everything else we're paying for. Check out Biden's remarks which Forbes shared today. The deficit is down $1.4 trillion this year, even after accounting for 30 years of debt relief
Starting point is 00:01:25 paid in advance. You know, this follows last year's drop of $350 billion in the deficit. And because we're making sure the largest corporations pay their fair share, cracking down on billionaire tax cheats and giving Medicare the power to negotiate lower drug prices in the future beginning to just getting underway, which lowers one of the biggest costs that the government and families have to pay. We'll reduce because of that the deficit in another $250 billion over the next 10 years. But Heritage Foundation policy analysts David Ditch pointed out on Twitter that the Biden administration's choices have added trillions to expected deficits. CNN reports that Supreme Court Justice Sonia Sotomayor shared some warm remarks about Supreme Court
Starting point is 00:02:17 Justice Clarence Thomas at Roosevelt University in Chicago this Thursday. She admitted, I have disagreed more with him than with any other justice, which means we don't come together on many cases. But she added, I can tell you that I spend time with him understanding that he is one of few justices who knows practically everybody in our building. He knows their name, he knows the things about their life, what their family is suffering. He'll tell me, you know that that person's wife is sick right now or that person's child is having difficulty? She said she tries to be as kind as Thomas, but he does it better. CNBC reports that the Chinese-owned social media platform
Starting point is 00:02:58 TikTok denied that it uses location data to track people in the U.S. TikTok said this in a a series of tweets today following a Forbes article which claimed that TikTok plans to monitor the personal location of some specific American citizens. This was in light of a recent statement. TikTok argued today that the Forbes article lacks rigor and journalistic integrity. TikTok added that Forbes chose not to include the portion of our statement that disproved the feasibility of its core allegation. Tick-Tock does not collect precise GPS location information from U.S. users, meaning TikTok could not monitor U.S. users in the way the article suggested. The House January 6th Committee officially subpoenaed former President Donald Trump today.
Starting point is 00:03:50 CNN reports that the subpoena is meant to compel Trump to sit for a deposition under oath and provide documents relating to the January 6th, 2021 attacks on the U.S. Capitol. Also today, former Trump advisor Steve Bannon has been sentenced to four months in prison and a $6,500 fine in a D.C. federal court. The House has January 6th committee charged Bannon with contempt of Congress after he refused to comply with the committee subpoena. Bannon has been accused of believing he is above the law, which he said is an absolute and total lie in remarks to MSNBC earlier today. Check out his other comments, posted by MSNBC. I respect the judge. The sentence he came down with today is his decision. I fully respect. I've been totally respectful this entire process on the legal side. I also want to make one other statement before I talk about a broader topic. More than any person in the Trump administration, I testified before the Mueller Commission for more hours. I testified in front of a shift in the House Intelligence Committee. more than any other person in the Trump administration.
Starting point is 00:05:02 I testified in front of the Senate intelligence. I think more than a. All about the issues related to Russia gate to all of that, okay? The same process every time. I had lawyers that were engaged. They worked through the issues of privilege. At that time, I went and testified. And this thing about I'm above the law is an absolute and total lie.
Starting point is 00:05:25 And that'll do it for today's episode. Thank you for listening to the daily. Daily Signal's top news. If you haven't gotten a chance, be sure to check out our morning show right here in this podcast feed where we interview lawmakers, experts, and leading conservative voices. Join us Monday morning for the Daily Signal interview edition. Rob Lewy will be talking with Father Giacomo Cappa Verde of Immaculate Conception Church in Westerly Rhode Island.
Starting point is 00:05:50 Also, make sure you subscribe to the Daily Signal wherever you get your podcast and help us reach even more listeners by leaving a five-star rating and review. We read and appreciate all of your feedback. Thanks again for listening. Have a great weekend, and we'll be back with you all Monday morning. The Daily Signal podcast is brought to you by more than half a million members of the Heritage Foundation. The executive producers are Rob Blewey and Kate Trinko. Producers are Virginia Allen and Samantha Rank.
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