Doocy Spars with KJP on Student Loan Scheme Cost

BUCK: Clay, when I hear this exchange between Karine Jean-Pierre and Peter Doocy, I do have a moment where I wonder, “Does this White House…?” And not just Karine Jean-Pierre, Biden in general. Do they really think there’s like a magic money tree where it just comes from nowhere and you can erase the money from the debt and then it doesn’t…? Do they understand the basics of economics? I don’t think they do.

CLAY: No. I really don’t think they do. And I think it’s bigger than just the Biden White House. There is almost no Democrat now who understands running a business, revenue, profit, basic economics, because $500 billion… Again, leaving aside the constitutionality of it, which it isn’t constitutional. I’m really upset about the badly named Inflation Reduction Act. We’ll talk about this more. But at least it passed, Buck. This is all made up.

BUCK: It’s a stupid decision, but they have the right to do it (chuckles), unlike this decision.

CLAY: Yes.