1 00:00:00,080 --> 00:00:04,240 Speaker 1: Well, look, you gotta get bron credit, do I He 2 00:00:04,360 --> 00:00:09,160 Speaker 1: delivered that State of the State with all the enthusiasm 3 00:00:09,320 --> 00:00:11,320 Speaker 1: of a guy about to enter a colonoscopy. 4 00:00:12,640 --> 00:00:15,000 Speaker 2: My gosh, was that boring? 5 00:00:15,440 --> 00:00:17,279 Speaker 3: It was quick, too, wasn't it. 6 00:00:17,280 --> 00:00:20,880 Speaker 1: It was bad even by Braune standards. I mean, he 7 00:00:21,040 --> 00:00:26,000 Speaker 1: is an awful and awful, uncharismatic public speaker. And I 8 00:00:26,040 --> 00:00:28,520 Speaker 1: talked to multiple members of the media last night while 9 00:00:28,520 --> 00:00:31,360 Speaker 1: the speech was going on, and they were like, this 10 00:00:31,440 --> 00:00:34,760 Speaker 1: is bad even by the low bar we've set for Braun. Right. 11 00:00:34,760 --> 00:00:39,559 Speaker 1: I mean, that state of the state was worse than 12 00:00:39,600 --> 00:00:46,640 Speaker 1: I expected. It was void of any big, meaningful policy proposals. 13 00:00:47,360 --> 00:00:50,360 Speaker 1: He was doing his best to spend the past year 14 00:00:50,479 --> 00:00:51,000 Speaker 1: as though. 15 00:00:50,880 --> 00:00:52,360 Speaker 2: It was some sort of win. 16 00:00:53,479 --> 00:00:56,720 Speaker 1: And the biggest applause lines of the night were I 17 00:00:56,880 --> 00:01:00,360 Speaker 1: you football and the bear, which the bear. This ain't 18 00:01:00,360 --> 00:01:02,920 Speaker 1: happening and he has done everything in his power. Braun 19 00:01:02,960 --> 00:01:07,440 Speaker 1: has to screw over Indiana University. So I mean it 20 00:01:07,600 --> 00:01:10,160 Speaker 1: was Look, I mean the state is a dumpster fire. 21 00:01:10,440 --> 00:01:12,479 Speaker 1: And by the way, I don't know if you saw 22 00:01:12,520 --> 00:01:16,840 Speaker 1: this when they announced Braun right, So like I'm watching 23 00:01:16,959 --> 00:01:20,920 Speaker 1: a video feed of this and Micah gets up and 24 00:01:20,920 --> 00:01:23,520 Speaker 1: announces Braun, and he flubbed the announcement. But that's neither 25 00:01:23,520 --> 00:01:26,120 Speaker 1: here nor there. Braun comes in and normally there's, you know, 26 00:01:26,160 --> 00:01:30,200 Speaker 1: this robust enthusiasm, there's this huge applause, there's oh, I 27 00:01:30,240 --> 00:01:32,759 Speaker 1: can't wait to you know, greet the governor and get 28 00:01:32,760 --> 00:01:35,440 Speaker 1: a hug and get on TV and a blah blah blah. 29 00:01:35,520 --> 00:01:39,039 Speaker 1: And these people acted like the high school principal had 30 00:01:39,120 --> 00:01:39,840 Speaker 1: just walked in. 31 00:01:40,200 --> 00:01:42,119 Speaker 3: They were gonna have mandatory fun. 32 00:01:42,319 --> 00:01:44,720 Speaker 1: Yeah, Like I mean, you can tell these people want 33 00:01:44,720 --> 00:01:47,240 Speaker 1: nothing to do with him. They were there by force, 34 00:01:47,840 --> 00:01:53,440 Speaker 1: and the speech reflected a guy who has nothing to 35 00:01:53,560 --> 00:01:54,440 Speaker 1: offer this state. 36 00:01:54,600 --> 00:01:57,760 Speaker 3: So you did not walk away feeling overly motivated. Well, 37 00:01:57,800 --> 00:02:00,640 Speaker 3: Braun did say that the state of the state strong. 38 00:02:00,840 --> 00:02:06,120 Speaker 3: He emphasized economic growth, affordability, and Indiana being open for business. 39 00:02:06,560 --> 00:02:09,880 Speaker 3: The one thing that struck me was that it was 40 00:02:10,120 --> 00:02:14,240 Speaker 3: very pointed, It was succinct, and it was not peppered 41 00:02:14,639 --> 00:02:17,920 Speaker 3: with a bunch of flowery language, which kind of surprised 42 00:02:17,960 --> 00:02:20,119 Speaker 3: me because I'm told that there is at least one 43 00:02:20,160 --> 00:02:23,800 Speaker 3: person at the State House who is the most excellent 44 00:02:23,919 --> 00:02:28,360 Speaker 3: writer and would stop you dead in your tracks. So 45 00:02:28,400 --> 00:02:31,119 Speaker 3: why he did not elicit the help from somebody who 46 00:02:31,160 --> 00:02:35,320 Speaker 3: could craft that message. I don't know, not horsing around, 47 00:02:35,760 --> 00:02:38,840 Speaker 3: but he did mention that it was going to cross 48 00:02:38,880 --> 00:02:42,840 Speaker 3: the finish line twice, and both times he was talking 49 00:02:42,880 --> 00:02:46,840 Speaker 3: about the sporting events that you mentioned, IU football and 50 00:02:46,880 --> 00:02:47,840 Speaker 3: the Chicago Bears. 51 00:02:47,880 --> 00:02:51,000 Speaker 1: I mean, the biggest line applause lines were IU football, 52 00:02:51,200 --> 00:02:53,400 Speaker 1: and then that was followed by this pie in the 53 00:02:53,440 --> 00:02:57,640 Speaker 1: sky fantasy island, by the way, I love now. Mike 54 00:02:57,720 --> 00:03:00,600 Speaker 1: Brawn's plan for the Bears, basically, and the States plan 55 00:03:00,720 --> 00:03:03,520 Speaker 1: for the Bears is to get in bed with Tom McDermott, 56 00:03:03,600 --> 00:03:06,320 Speaker 1: the mayor of Hammond, who is a complete who was there, 57 00:03:06,480 --> 00:03:08,960 Speaker 1: who is a complete Democrat nutback. He's the guy who 58 00:03:09,000 --> 00:03:11,520 Speaker 1: ran against Todd Young a couple of years ago. And 59 00:03:11,639 --> 00:03:13,680 Speaker 1: that is their big plan to bring the Bears is 60 00:03:13,720 --> 00:03:16,679 Speaker 1: Tom McDermott. So basically, we're gonna have Indianapolis two point 61 00:03:16,760 --> 00:03:19,560 Speaker 1: zero where we're gonna put some loser. We're gonna put 62 00:03:19,560 --> 00:03:21,760 Speaker 1: this in a city that is run by a complete zero. 63 00:03:22,320 --> 00:03:24,680 Speaker 1: And that's Braun's plan for the Bears. The Bears are 64 00:03:24,720 --> 00:03:27,800 Speaker 1: not happening, The Bears are not leaving, They're not gonna 65 00:03:27,800 --> 00:03:29,359 Speaker 1: They're always gonna be the Chicago Well, they're gonna be 66 00:03:29,400 --> 00:03:32,000 Speaker 1: at Hammond and be the Chicago Bears, or Indiana's gonna 67 00:03:32,000 --> 00:03:35,480 Speaker 1: put a billion dollars attacks incentives out for the Chicago 68 00:03:35,600 --> 00:03:38,080 Speaker 1: Bears and they're gonna be in indian That doesn't make 69 00:03:38,080 --> 00:03:40,280 Speaker 1: any sense. The Bears are not leaving. That is to 70 00:03:40,400 --> 00:03:43,440 Speaker 1: distract people, and the reality is in Casey, you watched 71 00:03:43,440 --> 00:03:47,680 Speaker 1: the speech. Was there any signature policy proposal that he 72 00:03:47,760 --> 00:03:51,880 Speaker 1: put forward last night that you said, Wow, if we 73 00:03:51,960 --> 00:03:54,600 Speaker 1: do that, that's gonna be great for Indiana. 74 00:03:55,200 --> 00:03:58,360 Speaker 3: Well, he did mention about how it's costing less now 75 00:03:58,720 --> 00:04:01,920 Speaker 3: to create a job here in Indiana. I did think 76 00:04:02,000 --> 00:04:06,880 Speaker 3: he tried his best to talk about his successes of 77 00:04:06,920 --> 00:04:09,000 Speaker 3: the past of the past year. 78 00:04:09,600 --> 00:04:12,640 Speaker 2: What were they? What were the success in his. 79 00:04:12,680 --> 00:04:15,560 Speaker 3: Mind, we're getting the same message. One of them was 80 00:04:15,600 --> 00:04:20,680 Speaker 3: about property taxes. He again talked about the historic tax 81 00:04:20,720 --> 00:04:24,600 Speaker 3: reform and how it's going to save taxpayers one point 82 00:04:24,720 --> 00:04:26,880 Speaker 3: five billion dollars over three years. 83 00:04:27,680 --> 00:04:30,480 Speaker 4: Another wait on Hoosier's wallets when I took office. 84 00:04:30,160 --> 00:04:31,200 Speaker 2: Was property taxes. 85 00:04:31,640 --> 00:04:35,240 Speaker 4: It's a major driver of the affordability crisis. That's why 86 00:04:35,320 --> 00:04:39,320 Speaker 4: I led the way to historic, meaningful property tax reform. 87 00:04:39,920 --> 00:04:44,200 Speaker 4: Our historic tax cut on property taxes one point five 88 00:04:44,279 --> 00:04:48,240 Speaker 4: billion dollars over three years. It ensures local governments have 89 00:04:48,400 --> 00:04:52,920 Speaker 4: resources for essential services. And who's your homeowners can keep 90 00:04:53,360 --> 00:04:56,520 Speaker 4: more of their money in their pocket. 91 00:04:56,800 --> 00:05:00,200 Speaker 1: No, no, no, Hang on a second, he's almost go 92 00:05:00,240 --> 00:05:00,840 Speaker 1: into a thing. 93 00:05:01,200 --> 00:05:02,440 Speaker 2: Well, I'll let you go first. 94 00:05:02,680 --> 00:05:04,800 Speaker 3: All I was going to say is that he framed 95 00:05:04,839 --> 00:05:08,040 Speaker 3: that issue as it being settled, which is different from 96 00:05:08,080 --> 00:05:09,719 Speaker 3: what we have heard that they were going to go 97 00:05:09,800 --> 00:05:10,680 Speaker 3: back and review it. 98 00:05:10,920 --> 00:05:13,560 Speaker 2: Yeah, he's done with it, and he's done with it. 99 00:05:13,880 --> 00:05:17,520 Speaker 1: He is Donald Trump to that auto plant worker the 100 00:05:17,560 --> 00:05:19,159 Speaker 1: other day, extending his middle finger. 101 00:05:19,279 --> 00:05:20,440 Speaker 3: Kelly's number one. 102 00:05:20,520 --> 00:05:24,279 Speaker 1: Look, all the property tax bill is is one. It 103 00:05:24,360 --> 00:05:27,120 Speaker 1: is a giveaway too big business. The big winners in 104 00:05:27,160 --> 00:05:29,920 Speaker 1: the property tax bill are these mega corps who will 105 00:05:29,920 --> 00:05:32,600 Speaker 1: now get their re what they call real property. They'll 106 00:05:32,640 --> 00:05:35,240 Speaker 1: be able to not pay taxes on that up to 107 00:05:35,320 --> 00:05:37,120 Speaker 1: a two million dollars. 108 00:05:37,480 --> 00:05:38,600 Speaker 2: So they're the huge winners. 109 00:05:38,600 --> 00:05:40,400 Speaker 1: They're going to get most of the money out of this, 110 00:05:40,720 --> 00:05:42,880 Speaker 1: and what you're going to get is your taxes. And 111 00:05:42,920 --> 00:05:45,200 Speaker 1: by the way, my old buddy Steve did a big 112 00:05:45,320 --> 00:05:46,480 Speaker 1: XPOS on this last night. 113 00:05:46,800 --> 00:05:48,880 Speaker 2: We've talked about Steve before. Steve is a. 114 00:05:49,160 --> 00:05:53,240 Speaker 1: Steve probably knows property taxes better than maybe any person 115 00:05:53,279 --> 00:05:56,000 Speaker 1: in the state, including the lawmakers. He's a former local 116 00:05:56,040 --> 00:05:59,280 Speaker 1: newspaper writer up up in Noble County, and he did 117 00:05:59,279 --> 00:06:01,719 Speaker 1: a big X was a on this last night about 118 00:06:01,760 --> 00:06:04,240 Speaker 1: how in the short term, and this is exactly what 119 00:06:04,279 --> 00:06:06,880 Speaker 1: we've said on this show. In the short term, like 120 00:06:06,960 --> 00:06:10,160 Speaker 1: this year, you are probably going to see, depending on 121 00:06:10,200 --> 00:06:13,880 Speaker 1: where you live, a quote unquote lower property tax bill. 122 00:06:14,200 --> 00:06:15,880 Speaker 1: May not be by much, but you're probably gonna see 123 00:06:15,880 --> 00:06:19,040 Speaker 1: a lower property tax bill. But then the fun starts 124 00:06:19,080 --> 00:06:21,800 Speaker 1: because the system itself, and this is what we've been 125 00:06:21,800 --> 00:06:25,400 Speaker 1: saying for years in this program, the system itself is 126 00:06:25,560 --> 00:06:30,359 Speaker 1: so broken you cannot fix it by tinkering inside of 127 00:06:30,400 --> 00:06:33,960 Speaker 1: the system. And so what is going to happen? Because 128 00:06:34,120 --> 00:06:37,880 Speaker 1: property taxes are a mixture of assessed values and tax 129 00:06:38,000 --> 00:06:40,360 Speaker 1: rates and levees and things that three people in this 130 00:06:40,440 --> 00:06:45,400 Speaker 1: state understand, what is going to happen, especially for farmers 131 00:06:45,480 --> 00:06:47,680 Speaker 1: in this state going forward. And who's your ag today 132 00:06:47,680 --> 00:06:49,480 Speaker 1: at a big thing on this. You don't have to 133 00:06:49,480 --> 00:06:51,320 Speaker 1: take my word for it that you are going to 134 00:06:51,320 --> 00:06:53,880 Speaker 1: start to see specific people in the tax could see 135 00:06:53,880 --> 00:06:57,320 Speaker 1: their property taxes skyrocket. On top of that, you're going 136 00:06:57,360 --> 00:06:59,599 Speaker 1: to see most school districts in the state, many school 137 00:06:59,600 --> 00:07:02,520 Speaker 1: districts in this state, go for school referendums this fall 138 00:07:02,800 --> 00:07:04,000 Speaker 1: that will raise your taxes. 139 00:07:04,040 --> 00:07:04,679 Speaker 2: If they pass. 140 00:07:04,960 --> 00:07:06,960 Speaker 1: At the very least, you're gonna have to spend your 141 00:07:07,000 --> 00:07:10,840 Speaker 1: own money to defeat the property tax referendum. Then you're 142 00:07:10,880 --> 00:07:13,960 Speaker 1: going to see in many communities this income tax go up, 143 00:07:14,000 --> 00:07:17,120 Speaker 1: which didn't exist. And so three years from now you'll 144 00:07:17,160 --> 00:07:21,080 Speaker 1: get the immediate quote unquote benefit, But three years from now, 145 00:07:21,360 --> 00:07:23,920 Speaker 1: your collective tax burden is going to be higher, in 146 00:07:23,920 --> 00:07:26,760 Speaker 1: some cases, much higher than it is today. What they 147 00:07:26,840 --> 00:07:29,560 Speaker 1: came up with was a joke. It was a giveaway 148 00:07:29,600 --> 00:07:32,320 Speaker 1: to big business. You are going to get screwed. And 149 00:07:32,440 --> 00:07:34,960 Speaker 1: as Braun does with just about everything, he looked the 150 00:07:35,080 --> 00:07:37,040 Speaker 1: entire state in the eye, just like he did a 151 00:07:37,080 --> 00:07:40,200 Speaker 1: thousand people at our property tax rally, and he lied. 152 00:07:40,520 --> 00:07:43,240 Speaker 3: Another thing he talked about was data centers and AI. 153 00:07:43,480 --> 00:07:45,640 Speaker 3: He said that the data centers must pay their own 154 00:07:45,720 --> 00:07:46,920 Speaker 3: electricity costs. 155 00:07:47,000 --> 00:07:52,160 Speaker 2: When did that start? Because when did that start? 156 00:07:52,720 --> 00:07:55,480 Speaker 1: Is did I miss some piece of legislation that says 157 00:07:55,520 --> 00:07:57,480 Speaker 1: the data centers must pay their own freight? 158 00:07:58,840 --> 00:08:01,080 Speaker 2: Did I miss that? As that is that somewhere. 159 00:08:01,120 --> 00:08:03,760 Speaker 1: Can you direct me to that, because all we're seeing 160 00:08:04,320 --> 00:08:08,000 Speaker 1: from all of these utility companies is how much rates 161 00:08:08,000 --> 00:08:09,760 Speaker 1: are going to go up. And one of the things 162 00:08:09,800 --> 00:08:13,920 Speaker 1: they're saying publicly is because of the large businesses, these 163 00:08:13,920 --> 00:08:18,080 Speaker 1: mega corporations, these data centers that are using huge amounts 164 00:08:18,080 --> 00:08:18,840 Speaker 1: of electricity. 165 00:08:19,520 --> 00:08:21,520 Speaker 2: He'll just he pulled get out of his asse. 166 00:08:21,680 --> 00:08:26,560 Speaker 3: He actually said, your utility costs will go down? How 167 00:08:26,760 --> 00:08:27,880 Speaker 3: because of the data centers? 168 00:08:27,960 --> 00:08:28,600 Speaker 2: Oh, because of the. 169 00:08:28,840 --> 00:08:33,880 Speaker 1: So a company that is using large amounts of electricity 170 00:08:35,080 --> 00:08:38,720 Speaker 1: is somehow going to make my electricity go down the price. See, 171 00:08:38,720 --> 00:08:41,200 Speaker 1: once again, you cannot believe a word that comes out 172 00:08:41,240 --> 00:08:43,960 Speaker 1: of his mouth. Because if the data centers are such 173 00:08:43,960 --> 00:08:46,520 Speaker 1: a great deal, if the data centers are making money, 174 00:08:46,600 --> 00:08:49,680 Speaker 1: if the data centers are paying for themselves, then why 175 00:08:49,800 --> 00:08:54,640 Speaker 1: is Mike Bronze Indian Economic Development Corporation giving millions of 176 00:08:54,679 --> 00:08:58,360 Speaker 1: dollars of tax incentives on top of the local tax incentives, 177 00:08:58,360 --> 00:08:59,800 Speaker 1: the abatements. 178 00:08:59,320 --> 00:09:01,400 Speaker 2: That these building the good to be here. If they're 179 00:09:01,440 --> 00:09:04,120 Speaker 2: such a great deal, if they're so great. 180 00:09:03,880 --> 00:09:07,520 Speaker 1: For the community, why are we as Hoosiers paying millions 181 00:09:07,520 --> 00:09:11,600 Speaker 1: of dollars for these data centers to come to Indiana. 182 00:09:11,720 --> 00:09:13,199 Speaker 3: One thing that he did mention, I. 183 00:09:13,160 --> 00:09:14,960 Speaker 2: Believe the answer is because he's lying. 184 00:09:16,120 --> 00:09:18,800 Speaker 3: One thing that he did mention was that childcare costs 185 00:09:18,840 --> 00:09:21,319 Speaker 3: were too expensive, and he said that that's going to 186 00:09:21,320 --> 00:09:24,199 Speaker 3: be addressed in the twenty seven budget, not this year, 187 00:09:24,320 --> 00:09:27,840 Speaker 3: and he wants businesses to get involved and have skin 188 00:09:27,920 --> 00:09:29,200 Speaker 3: in the game as well. 189 00:09:29,240 --> 00:09:33,520 Speaker 1: Look, he was void, it was laborious, it was boring. 190 00:09:34,320 --> 00:09:38,200 Speaker 1: He was void of any specific policy proposals. He's fresh 191 00:09:38,200 --> 00:09:40,760 Speaker 1: out of ideas. He has to know, or at least 192 00:09:40,760 --> 00:09:42,280 Speaker 1: the people around him, because I don't know whether Braun 193 00:09:42,280 --> 00:09:45,360 Speaker 1: knows where he's at most of the time. But they 194 00:09:45,440 --> 00:09:48,640 Speaker 1: have to know. These lawmakers hate him. They're not going 195 00:09:48,720 --> 00:09:51,800 Speaker 1: to give him anything he wants. He's just a guy 196 00:09:52,240 --> 00:09:55,480 Speaker 1: cashing a check at this point. He's just some rich 197 00:09:55,600 --> 00:09:59,600 Speaker 1: aloof weirdo cashing a check that did nothing for you. 198 00:09:59,760 --> 00:10:01,600 Speaker 2: And he's totally blown it. He's done. 199 00:10:01,960 --> 00:10:03,960 Speaker 3: The one point in the speech that got the most 200 00:10:04,000 --> 00:10:07,440 Speaker 3: passion out of everybody, and as you mentioned, is when 201 00:10:07,480 --> 00:10:10,120 Speaker 3: he was talking about the IU football team. 202 00:10:10,679 --> 00:10:13,080 Speaker 4: I am so proud of the work we've done to 203 00:10:13,160 --> 00:10:17,880 Speaker 4: make Indiana a better, more affordable place to build alive. 204 00:10:18,679 --> 00:10:22,160 Speaker 4: My administration has people from up and down the state. 205 00:10:23,200 --> 00:10:28,160 Speaker 4: We have Butler fans, we have Notre Dame fans, we 206 00:10:28,200 --> 00:10:33,160 Speaker 4: have Purdue fans. But on Monday, I expect to see 207 00:10:33,360 --> 00:10:35,440 Speaker 4: all of them wearing cream and crimson. 208 00:10:39,400 --> 00:10:41,559 Speaker 3: That's how you get people excited. You talk about non 209 00:10:41,600 --> 00:10:42,560 Speaker 3: partisan issues. 210 00:10:42,880 --> 00:10:45,960 Speaker 1: Indiana University, which he and his lieutenant governor have gone 211 00:10:46,040 --> 00:10:49,800 Speaker 1: out of their way to attack, to change the structure 212 00:10:49,800 --> 00:10:52,880 Speaker 1: of to say they're awful, they're horribly run, They change 213 00:10:52,920 --> 00:10:56,000 Speaker 1: the board. And then here he is the classic politician 214 00:10:56,080 --> 00:10:57,679 Speaker 1: move right when it benefits him. 215 00:10:57,840 --> 00:11:02,680 Speaker 2: Hey, we love IU the best. We're all Hoosiers today, baby,