• With: Sen. Mike Lee, R-Utah

    (BEGIN VIDEO CLIP, JULY 3, 2008)

    OBAMA: The problem is that the way Bush has done it over the last eight years, is to take out a credit card from the Bank of China in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents. Number 43 added $4 trillion by his lonesome. So, we now have over $9 trillion of debt that we are going to have to pay back. Thirty thousand dollars for every man, woman and child. That's irresponsible. It's unpatriotic.


    HANNITY: I guess his $17 trillion by his own words makes him irresponsible and unpatriotic. Is that fair?

    LEE: Yes, you know, Sean, I think I would have gotten along much better with Senator Obama than I do with President Obama. I like some of the stuff that he was saying. I like that fact that he was pointing out. This is a real risk to us, this is more than just a hypothetical problem. This is a national security threat to America. And the fact that we keep adding to our national debt that's already unsustainable, making it even more unsustainable, is something that we ought to be really concerned about.

    And now he's telling us, we have no choice but to do it. Now, he's telling us that we are unpatriotic if we even raise a question about it. If we even attach conditions to it to make sure that we are not back in the same position just a few months later.

    HANNITY: Yes, Senator, I think the worst thing Republicans in the House can do at this point is give in to this president bully, this arrogant president that won't even negotiate. I think it would be a very bad precedent if they allow him to get away with this. I like what they are doing passing individual bills. Do you support that strategy and do you have anything to add to it?

    LEE: I support them wholeheartedly. Just moments before I came into the studio I was on the phone with my friend Jim Bridenstein from Oklahoma. He's a real champion of this effort. And he told me that there is a very strong support base within the House Republican rank and file. They support Speaker Boehner and Majority Leader Cantor and what they're doing.

    There is a real unified caucus behind this effort. They understand this is a fight worth fighting. We have to protect the American people from the harmful effects of ObamaCare while bringing an end to this senseless, needless shutdown of all these programs that have nothing whatsoever to do with ObamaCare.

    HANNITY: All right. Senator, keep up the good fight. Tell those guys, hold the line. Don't give in to the bully.

    LEE: Will do.

    HANNITY: Thank you. Appreciate it.

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