Speaker Johnson: ‘It Is Bidenomics That Got Us Into This Mess’
House Speaker Mike Johnson said that “Bidenomics,” which is marked by high government spending, caused inflation and the current economic problems. Johnson pointed to several successful Republican policies that he says lowered inflation and grew the economy, particularly lower gas prices and strong growth.
During an interview on Fox News, Johnson spoke with co-hosts Bill Hemmer and Dana Perino about the success of Republican economic policies, Democrats’ calls to defund and abolish ICE, and false claims from Democrats about the Stop Insider Trading Act.
“What the President is referring to when he calls [affordability] a ‘hoax’ is the Democrats’ spin; it is Bidenomics that got us into this mess. It is Bidenomics, the outrageous spending levels that drove inflation to 40-year highs, that’s why prices are up now,” Johnson said when asked about Republican efforts to reverse the Democrats’ cost of living crisis.
“We got to work on it immediately in January when Republicans took over the Congress, the House, the Senate, and the White House, and we did exactly what we said we were going to do: bring down inflation, cut taxes and grow the economy. And that’s what all the indicators are saying. Now, inflation is going down, gas prices at a five-year low, the growth rate is over 5%. That would’ve been unimaginable, even conservative economists didn’t think that was possible,” he added.
Johnson continued, “But it is evidence that when our policies are implemented, they work. Trump policies, Republican policies, are doing right by the American people and they’re going to reward that at the ballot box in this upcoming midterm election in November.”
Johnson went on to slam Democrats’ calls to defund and abolish ICE.
“They can’t because Republicans control Congress. This is no time to be playing games with national security and public safety. And that’s what Democrats are doing, beating the drums up here. Remember what ICE stands for? It’s Immigration and Customs Enforcement. They are enforcing the law. They are apprehending the dangerous criminals who were allowed into our country because Joe Biden kept the border wide open for four years,” Johnson said.
“It is estimated more than 20 million people came in, many of them were a great danger to our community. A lot of them have collected in cities like Minneapolis, you know, these sanctuary cities. They’re all there. And so, ICE has to go and do its job. There’s a lot of spin on the Democrat side. They’re assaulting our law enforcement officers and they’re breaking the law. They need to get out of the way and allow federal law enforcement to do its duty that serves all the American people,” he added.
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Johnson rounded out his interview by speaking about the New York Rep. Alexandria Ocasio-Cortez and others pushing “false claims” about the Stop Insider Trading Act.
“AOC is wrong as usual; she clearly hasn’t read the legislation. It bans trading stocks for anyone in Congress. And this is an important step to go forward because there have been a handful of people who have abused that over the years, and they’ve enriched themselves and they’ve engaged in insider trading,” Johnson began.
“It’s against the law, but we have to police it here because it’s people’s belief in, faith and trust in Congress that’s at stake. So, this is a very important step forward. AOC as usual has no idea what she’s talking about. It wasn’t drafted by wealthy lawmakers; it’s by rank-and-file members who are here serving our constituents, and we want to send that signal to the American people that they can trust Congress. This is a big step forward,” he concluded.
Trump Warns Iran of ‘Total Obliteration’ if They Try To Harm Him HH
President Donald Trump warned Iran that continued assassination threats made by leaders in Tehran would be met with the country getting “blown up” and “total obliteration.”
“Well, they shouldn’t be doing it but I’ve left notification,” Trump said. “Anything ever happens, we’re going to blow the whole — the whole country’s going to get blown up.”
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Biden-era Intelligence officials briefed Trump about the alleged threats against him during his presidential campaign in 2024. Former Attorney General Merrick Garland said the plot was retaliation for the killing of Iranian Gen. Qassem Soleimani by the U.S. in 2020, during Trump’s first administration.
Despite being briefed by his administration, Trump on Tuesday said President Biden “should have said something” on the matter, adding that presidents should defend each other on such matters.
“But I have very firm instructions,” Trump continued. “Anything happens, they’re going to wipe them off the face of this earth.”
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Trump also spoke about the ongoing negotiations between the United States and Iran in Geneva.
“What are you expecting from these Iran talks in Geneva?” a reporter asked Trump aboard Air Force One.
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“So, I’ll be involved in those talks indirectly, and they’ll be very important. We’ll see what can happen. Typically, Iran’s a very tough negotiator; they’re good negotiators — or bad negotiators. I would say they’re bad negotiators because we could have had a deal instead of sending the B2s to knock out their nuclear potential. We had to send the B2s. I hope they’re going to be more reasonable. They want to make a deal,” Trump said.
“Have you been told that a deal is next to impossible?” the reporter followed up.
Trump replied, “No. I think they want to make a deal. I don’t think they want the consequences of not making a deal. They want to make a deal.”
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Trump previously said that he instructed officials to destroy Iran if they killed him.
The president said this after signing an executive order right after taking office that gave him all the tools he needed to talk to Iran’s government and put as much pressure on Tehran as possible.
“They haven’t done that and that would be a terrible thing for them to do,” Trump said at the time. “Not because of me — if they did that, they would be obliterated. That would be the end. I’ve left instructions, if they do it, they get obliterated, there won’t be anything left. And, they shouldn’t be able to do it.”
Trump warned last week that the United States could send additional warships toward Iran if ongoing diplomatic negotiations fail to produce a deal, signaling that military pressure could increase as talks over Tehran’s nuclear program stall.
In remarks to Axios, Trump said the administration is considering deploying a second aircraft carrier strike group to the region in addition to the USS Abraham Lincoln and 9 additional warships already positioned near Iran, though he expressed hope that a diplomatic agreement can still be reached.
“Either we will make a deal or we will have to do something very tough like last time,” the president told Axios on Tuesday, a reference to the bombing of three Iranian nuclear sites in June.
“Last time they didn’t believe I would do it. They overplayed their hand,” Trump added. “We have an armada that is heading there and another one might be going.”
The president emphasized that the United States is seeking to persuade Iran to curb its nuclear ambitions, halt the development of its ballistic missile program, and end support for militant proxy groups. Iranian officials have so far resisted expanding negotiations beyond nuclear-related issues.
He described the nuclear issue as a “matter of course” part of any negotiation, but also insisted that an agreement with Iran must also address Tehran’s ballistic missile stockpiles, per Axios.
Trump said the US “can make a great deal with Iran,” and Tehran “very much wants to make a deal.”
Trump’s comments came ahead of a planned visit to Washington, D.C. by Benjamin Netanyahu, who is expected to press for a tougher U.S. stance and broader terms for any Iran deal that would include constraints on Tehran’s missile capabilities and regional activities.
Before heading to DC, the Israeli leader previewed some of what he and Trump were going to discuss.
“I will present to the president our understanding of the principles of the negotiations (with Iran) – the essential principles that are important not only to Israel – but to everyone who wants peace and security in the Middle East,” Netanyahu told reporters, per the New York Post.
The administration has already bolstered its military presence in the Middle East, with multiple warships and aircraft deployed as a means of deterrence and leverage.
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