"People That Know About Money Are Shocked At What’s Going On.” Steve Bannon On Biden Debt

Steve Bannon host of WarRoom gives an assessment on major stories from the Financial Times. The Times reported that the US is facing Liz Truss-style market shock as debt soars and has exploded Joe Biden’s management of the economy as he proposes higher taxes, as well as mass spending and adding to the debt in a $7.3 trillion budget for the 2025 fiscal year. Bannon equates the budget to what is calls the 2008 "scam” in which he highlights the Bush apparatus and Congress working hand in hand never seeing any accountability for the financial collapse. "The only people that don’t get bailed out is you, you underwrote it,” Bannon says. He predicts that the $2.5 trillion deficit some financial analysts are predicting in the next 10 years could easily be reached this year when every element is accounted for.