O’Leary Ventures CEO Kevin O’Leary reacts to potential delay in third ongoing vote on resolution and calls on the lawmaker to put a debt cap on it, and says he’s still interested in buying TikTok.
As House lawmakers prepare to vote for a third time on a potential continuing resolution (CR) to avert a government shutdown, “Mr. Terrific” delivers the stark truth about what will likely happen by Friday’s deadline.
“This is a classic, government shut down, bad Christmas movie. We’ve seen it so many times. This is how hot dogs are made in Washington. I love that political theater. I love it when there’s profanity on the floor during the movie,” said Kevin O’Leary, president of the company. O’Leary Ventures, “The Speeches and Everyone’s Rantings and Rants” On “Varney & Company.” Friday.
He continued: “They will gamble for two to three weeks because they want to go home for the holidays. It’s that simple.” “This is the solution.”
The House plans to vote on another CR proposal to avoid a looming partial government shutdown, one Republican lawmaker told reporters on Capitol Hill.
Here’s what’s happening during the partial government shutdown
Rep. Ana Paulina Luna, Republican of Florida Speaking to reporters abroad House Speaker Mike Johnson’s office said lawmakers are “very close to reaching an agreement” that could be voted on Friday.
Kevin O’Leary detailed the “bad Christmas movie” for Congress on “Varney & Co.” Friday. (Fox Business)
But other representatives reportedly expressed doubts about how quickly the third vote on CR could take place. The initial 1,547-page bipartisan deal collapsed after Elon Musk and Vivek Ramaswamy criticized a spending bill that would have extended the government funding deadline to March 14.
“Whatever gets to the sausage maker in the next few hours probably doesn’t include a debt ceiling provision, and may just be a very short-term solution,” O’Leary noted. “But it allows Washington to come home and open some presents and come back and fight again.”
Rep. Claudia Tenney, D-N.Y., explains Republican lawmakers’ ongoing pursuit of a new House speaker as a potential government shutdown looms.
As of Thursday, American national debt — a measure of what American taxpayers were passing on to the country’s creditors — came to $36,167,604,149,955.61. That is about $21.7 billion less than the figure announced the previous day, according to the Treasury Department.
O’Leary said there is no better time than the new year to include debt ceiling provisions and make decisions on cutting unnecessary spending provisions.
“If there’s ever a government that has a mandate to rein in spending and deal with the deficit, it’s this mandate. This is the next couple of years (when) Trump is getting closer to the top authority on this. We should take advantage of that so the midterms are happening,” Mr. Terrific said. .
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O’Leary Ventures President Kevin O’Leary discusses the outlook for President-elect Trump’s second term in the White House on “Cavuto: Coast to Coast.”
“You can actually cut some spending. We haven’t done that for a while. Why don’t we rein in all these bills that we no longer need? If there’s anything left in the infrastructure bill, shut it down.” Chips and science“Shut it down. These things waste government money,” he noted.
The businessman claimed that he “looked at these bills.” “I’m one of the few people I’ve ever talked to who reads this stuff. There’s a lot of trash out there. This stuff is phone books. And I was just looking for a small business opportunity. There’s nothing, and that’s 62% of Create jobs, so close them and save billions.
Fox News’ Aubrey Spady and Fox Business’ Elizabeth Elkind and Eric Revell contributed to this report.
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