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Former Speaker Dennis Hastert, (R-Ill.), on the factors causing the rise in oil prices and the government’s wasteful spending, particularly on dupli...
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A new government report breaks down the tens of billions of taxpayer dollars we throw away every year.
On overlapping federal programs now -- house oversight committee meeting today to hear testimony on the report.
Chairman Darrell -- -- opening the meeting saying the enemy is that the Democrats the enemy isn't the Republicans.
It's the bureaucracy.
Joining me now the longest.
-- -- the house in history former congressman Denny hazard now a member of Dick -- Shapiro's public policy and law practice.
Welcome back to the show -- it's great to have you here.
I wanna get too little news this afternoon that only backs up our theme that there's a lot of waste and fraud in government.
And that's a new investigation.
Launched by the FTC the Federal Trade Commission to see if if that refiners oil producers and traders are manipulating oil prices now apparently.
They just finished -- similar study and found nobody guilty.
And -- are watching another -- what do you make of that.
Yeah I think that's pure but government.
Hyperbole the thousands and I like cause something else.
But -- -- they're just they're just trying to cover their own back sides on that issue.
-- it's really not traders that the the oil prices are set it at the well head.
That's where prices are and it depends on if we look if we depend on our -- marginal oil supply petroleum supply.
To be in the Middle East and Nigeria and Venezuela in places like that.
-- of marshals what we produce and what we need.
When -- that when something happens in the straits or her moser a threat of that happening.
The our prices go up sky high happens every year every time there's -- that happens.
Yeah -- we need to drill here we need to extend our net and our North American oil supplies we can do the -- -- Keystone Pipeline.
Those are things that are gonna get us away from into a steady.
Cost at a lower cost of petroleum that's -- or we need to go and not another government study.
And that another Federal Trade Commission investigation that's for -- absolutely.
Look at -- -- this some -- -- over and I know you've seen this because -- speaker of the house for a long time.
Duplication nation.
There are a hundred surface transportation programs -- means roads and bridges.
There 88 economic development programs 82 teacher quality programs 56 -- 56.
Financial literacy programs 47 job training programs.
Do we need to look the government our nation is broke do we need all of us.
Look at I know the stats that -- -- -- let me -- example you know their time about tens of billions you -- -- almost a hundred billion.
When I over the last year nineteen.
1206.
In the reconciliation bill.
We decide were -- mixed start to cut government waste.
A lot of it is in.
Not in bed every day appropriations but in the big programs that just roll over year after year.
We cat and a house and we did the reconciliation bill we've got a 150 billion dollars -- that's a lot of money.
And it's a more as more than it's ever been cut before we sent to the senate.
And with over you know a lot of wringing of hands in tears and gnashing their teeth.
They came back from the -- 45 billion dollars otherwise they took a 105 billion dollars and replace all that to waste that we identified.
By the time I got a conference in a certain.
Republican senator from more again.
Worried about his little program and he had as a logical program back then though honey program initiate -- program and this.
And -- L -- we'll leave the spent.
Saved forty billion where we start -- 150 billion well that's not how I just that they are -- -- -- -- Washington.
How really -- this how we change this culture how -- people focus we have fifteen trillion dollars in debt one point 33 trillion dollar deficit.
We -- change our practices we can't have somebody protecting their electoral program we gotta get serious.
About what we need is -- -- that others like them put Deb bright light.
-- what's happening in government and then stick to their guns and cut it.
And you can do what it's tough to do -- -- I remember that the national.
Console life churches came out against this because there worse yet duplicity Indian orphan programs enters the duplicity and all -- service programs.
Well you know.
Religion churches or in and a government dole and you know they were some blasphemy and an honest and say you know we're against religion -- how we're trying to save money.
Yet you're watching your Nickels and -- here's my favorite what I just have to read it because it's so funny so.
We spend 50000 dollars to market -- chips.
Believe it or not because the Department of Agriculture has a grant to overhaul potato chip companies media strategy now why would that -- That didn't the federal government has no business in that.
But you have to understand somebody put that program and maybe somebody from -- Idaho.
Wherever else -- -- potatoes I don't know but you know somebody put that program and there to help.
Business back home.
-- all of that yup you talk about the bridge to nowhere.
You know this release those things where -- hardware or something was happening.
This at least -- the things that happen in in the job ways and means committees and other committees.
Did help that the -- that is is just extravagant waste and we see it and we need to cut it out.
Crazy I can go on and on we got a million examples but.
Mr.
speaker thanks for coming on great -- -- you are you a great person -- talked to about this thank you thank you.
