00:00:43.760For every $1 in revenue, it spends about $1.3,
00:00:47.740with this year's deficit projected at around $1.9 trillion.
00:00:52.560While crossing the 100% mark doesn't trigger an immediate crisis,
00:00:55.900Economists see it as a clear sign that there's a growing fiscal pressure and probably a fiscal problem.
00:01:04.000One of the biggest concerns is interest costs, of course.
00:01:06.500About $1 in $7 of federal spending now goes towards paying interest on the debt.
00:01:11.600That share is expected to rise if interest rates increase.
00:01:15.000Not unlike temporary spikes seen during crisis such as the pandemic, current debt levels are being driven by long-term factors.
00:01:21.280These include rising cost programs like Social Security and Medicare, along with lower tax revenues following the recent tax cuts.
00:01:28.940Forecasts suggest the trend will continue.
00:01:31.960Some news out of the Justice Department today.
00:01:33.660Acting Attorney General Todd Blanche reportedly pushed prosecutors to pursue the Comey-Trump Instagram assassination threat after Pam Bondi put it on ice.
00:01:42.860Pam Bondi, it turns out, was the problem.
00:01:45.940She reportedly put the case on the back burner, but Blanche revived it and urged prosecutors to pursue charges.
00:01:51.280earlier this week comey was indicted by a grand jury in the eastern district of north carolina on
00:01:55.560two felony counts well it's seemingly turning out that pam bondi was indeed the problem folks she
00:02:02.680was the issue um with no indictments turning now to a little bit of foreign policy iran's supreme
00:02:10.820leader getting a little defiant vowing to protect the islamic republic's nuclear and missile
00:02:15.340capabilities which president trump has sought to curtail through airstrikes as part of a wider deal
00:02:20.480to cement the war shaky ceasefire now in a statement that the ayatollah who's currently
00:02:27.600waiting for prosthetic legs and facial reconstruction surgery after being a victim of
00:02:33.840the attacks saying that they're not looking to give up their weapons right now so i guess that
00:02:39.620seems to be what will be the end for iran some other foreign news on a positive note president
00:02:46.920Trump yesterday said he's removed tariffs on scotch whiskey also known as scotch touting the
00:02:52.580move as a celebration of the connection between the U.S. and the United Kingdom to cap off King
00:02:56.700Charles III's fourth day here visiting in the United States and over on the immigration side
00:03:03.720Secretary Mullen is thrilled to find out that the DHS is now funded and the Marxist Dems have given
00:03:10.560up. He said this lapse in funding has caused a huge exodus at the agencies. They're down about
00:03:18.2801,100 people, a third of the workforce. They've had contractors walking off the border wall and
00:03:23.700it's absurd. But Mullen says with this new funding deal, things are expected to get better. Take a
00:03:29.440listen. What we have now is an opportunity to actually move forward. What was taking place
00:03:34.240was tearing homeland altogether from the Coast Guard all the way down to ICE and everybody in
00:03:40.740between. This TSA, we lost almost eight percent of the workforce, which is almost double what our
00:03:47.080attrition rate typically is. Yeah. So how do you replace those people? Well, it takes four months.
00:03:51.200Well, not really. It takes about four months to onboard people. Just CISA, who's over CISA,
00:03:57.160by the way, takes care of our cybersecurity. We're down eleven hundred people down down.
00:04:02.100So almost a third of the workforce is no longer with us.
00:04:05.460Seventy six days being shut down, not going to be operational.
00:04:08.500People say, well, but they're getting paid.
00:04:10.280We had State Department paying our electricity bill.
00:04:12.900We had D.O.W. Secretary Hegseth was paying our gas bill for the United States Coast Guard to operate.
00:04:19.620We we we could we may be able to pay paychecks, but we couldn't do anything.
00:04:23.340We had contractors walking off the border wall.
00:04:26.560We have drone defense companies that were subcontracting from that was walking off jobs.
00:04:31.560because we have MOUs, Memorandum of Understanding, with law enforcement
00:04:36.220that's got to deliver these 11 cities that we've got FIFA coming to with the World Cup
00:04:41.860that haven't been paid since February.
00:04:44.780It was absolutely absurd, and AOC wants to sit there and say it was worth it.
00:04:49.200We are tasked to protect the homeland.
00:04:52.680I don't care where AOC lives or how she votes.
00:04:57.400My job is still to protect her constituents,