Transcript: Jason Furman on "Face the Nation," July 17, 2022

The following is a transcript of an interview with Reps. Robert Garcia, Mike Lawler, Summer Lee and Zach Nunn that aired Sunday, Feb. 5, 2023, on "Face the Nation."MARGARET BRENNAN:  Joining us now for a look at the new Congress, a group of freshmen House members, Congressman Robert Garcia is the president of the Democratic freshman class. He's from the state of California. Gentlemen next to him is New York Republican congressman, Mike Lawler. Congresswoman Summer Lee is a Democrat. And she is from the state of Pennsylvania. And Congressman Zach Nunn is Republican from Iowa.MARGARET BRENNAN: I want to...

The following is a transcript of an interview with Republican Sen. Ted Cruz of Texas that aired Sunday, Feb. 5, 2023, on "Face the Nation."MARGARET BRENNAN: We want to go now to Dallas, Texas, where we are joined by Republican Senator Ted Cruz. Good morning to you, Senator.SEN. TED CRUZ: Good morning, Margaret.MARGARET BRENNAN: So this balloon traversed 11 states, but the Pentagon says they were able to mitigate some of its impact. Do you think there is upside to the fact that this was captured this time?SEN. CRUZ: Well, listen, I want to start by doing something that I...

Two of the biggest-spending groups of Republican megadonors are making it clear that they don’t want Donald Trump to be the GOP nominee, a sign that anti-Trump candidates will be well-funded in the 2024 presidential primaries. The Koch network, the largest-spending political network on the right, and The Club...

The US Government ordered the Pentagon to destroy the alleged Chinese spy balloon. The US Air Force shot down the balloon with a single missile as it drifted over the Atlantic Ocean. China hit back at the decision, threatening a strong retaliation. YEREVAN (CoinChapter.com) — Over the last few days,...

China's Foreign Ministry said the craft was a lost civilian balloon, the same explanation it gave for a suspected spy balloon that drifted over the US.

Former Vice President Mike Pence is postponing a trip to South Carolina Monday because his daughter, Charlotte Pence Bond, is in labor in California, according to a Pence adviser. The potential 2024 candidate was slated to visit the state on Monday for a roundtable with law enforcement in Charleston and a meet-and-greet organized by the Horry County Republican Party in Myrtle Beach, S.C. The trip would have been his ninth trip to the Palmetto State since leaving the White House in January 2021, and it would have taken place just nine days before the former governor of the state, Nikki Haley, is expected to...

Former Arkansas Gov. Asa Hutchinson estimates he'll make a decision within the next two months about whether he's running for president."Probably April," he told CBS News congressional correspondent Nikole Killion on "Red & Blue" Monday night. He noted that Iowa, the earliest state to weigh in on the Republican presidential candidates next year, will likely be holding candidate forums by July of this year.Hutchinson said a deciding factor for him will be whether he continues "getting the response to the message that I bring." "Right now, it's been very, very positive," he told Killion. Voters, he believes, are "looking for someone...

New York Rep. George Santos' own constituents are trying to turn up the heat on the embattled congressman, delivering petitions to House leaders on Tuesday seeking his expulsion from Congress after he admitted to fabricating parts of his life. Santos told CBS News that he was not deterred by the protests and insisted he was going to meet with the group. "That's their freedom of speech right and I'll entertain a conversation with them every single day," he said when asked whether the protests were a distraction from his work. "I represent them all equally." But when his constituents arrived outside his office...

Would you rather be a front-desk clerk or "Director of First Impressions"? A barber or a "Grooming Manager"?How you answer could mean a significant difference in annual earnings. That's because companies routinely inflate workers' titles to avoid paying them in full for overtime work, according to researchers from the University of Texas and Harvard Business School.It's no secret companies go to great lengths to keep their labor costs down. What the new working paper reveals is that firms save a total of $4 billion in overtime payments a year simply by getting creative with titles. For employees, however, these inflated titles...

One day after a fighter jet shot a Chinese spy balloon into the Atlantic Ocean, cellphone video showed U.S. Navy personnel on Sunday with what appeared to be a white, deflated balloon laying across two different boats.The Pentagon assesses that the balloon was up to 200 feet tall, and its destruction created a debris field roughly 1,500 meters by 1,500 meters. After the balloon first entered U.S. airspace on Jan. 28, it flew over or near four military sites in Wyoming, Montana, Nebraska and Missouri. Republicans are furious that the balloon floated over the U.S. for a week. "He allowed a full week for the...

Chinese surveillance balloons were flown over the U.S. on at least three occasions during the Trump administration, a senior Biden administration official said Sunday night — but this information was not discovered until after Trump left office.Biden administration officials on Monday would not say how or when they found out about those balloons. It was also unclear how long those balloons remained over the U.S. and what trajectory they took."I will tell you that we did not detect those threats," said Gen. Glen VanHerck, commander of North American Aerospace Defense Command and U.S. Northern Command. "And that's a domain...

Washington — In his second State of the Union address Tuesday night, President Biden is slated to outline a series of actions the federal government is taking to crack down on the smuggling of fentanyl along the southern border, where Mexican cartels have sought to traffic thousands of pounds of the deadly synthetic opioid into the U.S. over the past year alone.Mr. Biden is expected to argue his administration is disrupting the trafficking of fentanyl into the U.S. by increasing scanning technology at official border crossings, broadening the government's collaboration with delivery companies to identify suspicious packages and enlisting the...

Republican Sen. Ted Cruz of Texas commended President Biden on Sunday for ordering the destruction of a suspected Chinese spy balloon over the Atlantic Ocean but faulted him for waiting several days to take action, saying the president's handling of the incident "projected weakness" to Beijing.Fighter jets shot the balloon out of the sky off the coast of South Carolina on Saturday on the president's orders, one week after it was first detected over Alaska, U.S. officials said. Appearing on "Face the Nation" on Sunday, Cruz suggested that swifter and more decisive action would have sent a stronger message to Chinese...

Washington — Less than a year after the Supreme Court issued its major decision expanding gun rights, the new legal test laid out by Justice Clarence Thomas in his majority opinion has reshaped the legal landscape for firearms laws and led to uncertainty over whether measures that aim to curb gun violence can survive legal scrutiny.The laws — those recently enacted in the states, as well as longstanding federal restrictions with broad support — are being tested in courtrooms from coast to coast, where judges are tasked with evaluating whether they are "consistent with the nation's historical tradition of firearm regulation.""We're...

Even as the U.S. economy shows signs of slowing down, many states around the U.S. are flush with cash, with their so-called rainy day funds estimated to reach a record high of $136.8 billion this fiscal year. And lawmakers in more than half of states are responding to their new cash cushions with similar proposals: cutting taxes. Twenty-seven states are weighing tax cuts this year, according to a recent analysis from the left-leaning Institute on Taxation and Economic Policy (ITEP), which termed the push "tax cut fever." Some officials are considering totally eliminating their state income tax, including in Mississippi and...

These days, the only way 81-year-old Judy Allen can afford her groceries is with government assistance. Even after this year's Social Security cost of living increase, she struggles to make ends meet with the $1,000 it provides her each month. With the 8.7% cost of living increase, Allen receives about $80 more per month than before. "It's really not enough for anybody," Allen said. "Our rent went up. Food goes up. So really we're not getting a raise. It evens out." Nearly 50% of Americans do not have access to retirement benefits through work, according to AARP. Neither did Allen, so she retired...