1 00:00:00,440 --> 00:00:03,120 Speaker 1: Live from our nation's camera. This budget thing is going 2 00:00:03,160 --> 00:00:05,600 Speaker 1: to do nothing. Space forts. I still think it's interesting 3 00:00:05,640 --> 00:00:08,960 Speaker 1: President Trump not playing his cards yet. Headlines Policy and 4 00:00:09,119 --> 00:00:15,080 Speaker 1: politics colliding Floomberg Sound On, the Insiders, the influencers, the insides. 5 00:00:15,160 --> 00:00:17,439 Speaker 1: I would rather see a congressional solution. It's part of 6 00:00:17,440 --> 00:00:20,600 Speaker 1: my DNA. The Senate map in looks a lot different 7 00:00:20,600 --> 00:00:22,960 Speaker 1: than it looked in teams. You really have a divide 8 00:00:23,120 --> 00:00:25,880 Speaker 1: within Team Trump the present has to do exactly what 9 00:00:25,960 --> 00:00:27,560 Speaker 1: people send him here to do, which is to get 10 00:00:27,560 --> 00:00:31,720 Speaker 1: it done. This is Bloomberg Sound On with Kevin Shirley 11 00:00:32,040 --> 00:00:35,640 Speaker 1: on Bloomberg one and one oh five point seven f 12 00:00:35,760 --> 00:00:39,680 Speaker 1: M h D two says he's ready for tax cut 13 00:00:39,760 --> 00:00:43,199 Speaker 1: two point oh, but looks it's different to Trump than 14 00:00:43,280 --> 00:00:46,360 Speaker 1: to GOP lawmakers. Are they all on the same page 15 00:00:46,400 --> 00:00:49,000 Speaker 1: with tax cut two point oh? Doesn't even matter? Are 16 00:00:49,040 --> 00:00:52,159 Speaker 1: there going to be another round of tax cuts before 17 00:00:52,720 --> 00:00:56,640 Speaker 1: next November twenty I'm Kevin's really chief Washington correspondent form 18 00:00:56,640 --> 00:00:59,920 Speaker 1: Bloomberg Television and Bloomberg Radio. I'm still in Houston, Texas. 19 00:01:00,000 --> 00:01:02,760 Speaker 1: Couldn't get a flight. I'm flying back to Washington tonight. 20 00:01:02,800 --> 00:01:07,440 Speaker 1: We have complete complete day after analysis as we spin forward. 21 00:01:07,920 --> 00:01:12,280 Speaker 1: Ever closer to the Iowa caucus is Tyler Pager, Bloomberg 22 00:01:12,360 --> 00:01:17,000 Speaker 1: News political campaign trail reporter, will navigate through for us 23 00:01:17,200 --> 00:01:19,759 Speaker 1: all of the latest on the twenty campaign trail. Ryan 24 00:01:19,840 --> 00:01:24,000 Speaker 1: Teague back with Bloomberg News national political reporter as well, 25 00:01:24,040 --> 00:01:26,440 Speaker 1: and get ready, folks. Adam Green, co founder of the 26 00:01:26,440 --> 00:01:30,720 Speaker 1: Progressive Change Campaign Committee, is en route to the Bloomberg 27 00:01:30,760 --> 00:01:33,959 Speaker 1: News Washington studios. He's blocks away. He just texted me 28 00:01:34,319 --> 00:01:39,959 Speaker 1: blocks away following the latest round of inner campaign conference 29 00:01:39,959 --> 00:01:43,040 Speaker 1: calls with Senator Elizabeth Warren. How does how does the 30 00:01:43,040 --> 00:01:47,280 Speaker 1: war in campaign feel? The Progressive did last night here 31 00:01:47,280 --> 00:01:48,960 Speaker 1: in Houston. So we've got a lot to get through. 32 00:01:49,000 --> 00:01:52,680 Speaker 1: It was a remarkably busy week joining me back in Washington, 33 00:01:52,760 --> 00:01:55,120 Speaker 1: d C. Holding down the fort, holding down the fort 34 00:01:55,200 --> 00:01:57,200 Speaker 1: for me until I get back or two of my 35 00:01:57,360 --> 00:02:02,440 Speaker 1: all star colleagues, Bloomberg's now political reporters, Tyler Pager and 36 00:02:02,560 --> 00:02:05,400 Speaker 1: Ryan Tige back with all right, gentlemen, thank you so 37 00:02:05,480 --> 00:02:08,360 Speaker 1: much for spending Friday with me. Ryan, I want to 38 00:02:08,400 --> 00:02:12,440 Speaker 1: start with you, spend this forward. What has the fallout 39 00:02:12,480 --> 00:02:16,560 Speaker 1: been for the front runners Joe Biden, Elizabeth Warren and 40 00:02:16,639 --> 00:02:19,639 Speaker 1: Bernie Sanders to the contours and the trajectory of this 41 00:02:19,760 --> 00:02:22,520 Speaker 1: race change at all. About twenty four hours after the 42 00:02:22,520 --> 00:02:26,400 Speaker 1: third Democratic presidential debate. No, I think that, UM, what 43 00:02:26,600 --> 00:02:28,480 Speaker 1: the people who are more affected with the people at 44 00:02:28,480 --> 00:02:33,519 Speaker 1: the button AT's number four on who did once again 45 00:02:33,840 --> 00:02:38,000 Speaker 1: had an opportunity to maybe break out and didn't. UM. 46 00:02:38,040 --> 00:02:40,640 Speaker 1: I think, if anything, this more solidified. If you remember, 47 00:02:40,680 --> 00:02:42,520 Speaker 1: at the beginning of the debate, there was a healthcare 48 00:02:42,600 --> 00:02:45,520 Speaker 1: question and for like a good ten minutes it was 49 00:02:45,600 --> 00:02:50,079 Speaker 1: just Bernie Sanders and Elizabeth Warren and Joe Biden um debating, 50 00:02:50,200 --> 00:02:53,519 Speaker 1: and that was almost like a preview of what's to come. 51 00:02:54,080 --> 00:02:57,079 Speaker 1: All right, Tyler Pager, same question to you. Let's name 52 00:02:57,120 --> 00:03:00,440 Speaker 1: some names who were the biggest losers last night. So 53 00:03:00,520 --> 00:03:03,080 Speaker 1: I think one name that keeps coming up, and and 54 00:03:03,080 --> 00:03:05,120 Speaker 1: there's a divide over whether or not he lost or 55 00:03:05,160 --> 00:03:08,000 Speaker 1: he won. But was Julian Castro. He went really hard 56 00:03:08,040 --> 00:03:11,799 Speaker 1: after Joe Biden, questioning whether or not his memory was 57 00:03:11,800 --> 00:03:15,720 Speaker 1: was serving him right and and so so some people 58 00:03:16,040 --> 00:03:19,079 Speaker 1: Biden defended that and and came out actually on top 59 00:03:19,120 --> 00:03:21,680 Speaker 1: in the sense that Julian Castro's assessment of it was 60 00:03:21,720 --> 00:03:24,920 Speaker 1: not accurate. UM. But some people also said that Julian 61 00:03:24,960 --> 00:03:27,440 Speaker 1: Castro was sticking it to Biden in a way that 62 00:03:27,760 --> 00:03:32,160 Speaker 1: his uh raising concerns over his healthcare plan not covering everyone. 63 00:03:32,440 --> 00:03:35,360 Speaker 1: That debate continues on today. We're we're going back and 64 00:03:35,400 --> 00:03:38,000 Speaker 1: forth with the Castro and Biden campaigns. Let's play it 65 00:03:38,000 --> 00:03:39,600 Speaker 1: because we have it, and then well analyze it. So 66 00:03:39,920 --> 00:03:43,160 Speaker 1: let's play the exchange that he did exchange, but former 67 00:03:43,240 --> 00:03:47,440 Speaker 1: HUD Secretary Julian Castro really went after it was candidly 68 00:03:47,560 --> 00:03:50,880 Speaker 1: when he was doing the political attack, I thought of 69 00:03:51,160 --> 00:03:54,440 Speaker 1: what Republicans have been attacking Joe Biden for on social media. 70 00:03:54,960 --> 00:03:56,680 Speaker 1: Here's the exchange, and then we'll talk about it. Let's 71 00:03:56,680 --> 00:03:58,960 Speaker 1: take a listen. They do not have to buy it. 72 00:03:59,040 --> 00:04:01,320 Speaker 1: You just said that. You just said that two minutes ago. 73 00:04:01,880 --> 00:04:03,600 Speaker 1: You just said two minutes ago that they would have 74 00:04:03,640 --> 00:04:06,080 Speaker 1: to buy in. You said they would have to buy 75 00:04:06,120 --> 00:04:08,600 Speaker 1: in to buy in if you qualify. Are you forgetting 76 00:04:08,640 --> 00:04:13,320 Speaker 1: what you are? You forgetting already what you said just 77 00:04:13,360 --> 00:04:17,120 Speaker 1: two minutes ago? Wow? I mean you can hear the 78 00:04:17,120 --> 00:04:19,520 Speaker 1: groans Tyler Pager in the debate hall. I was in 79 00:04:19,560 --> 00:04:23,200 Speaker 1: the spin room and there were gasps in the spin room. 80 00:04:23,240 --> 00:04:25,599 Speaker 1: I'm not sure that it played well. There were other 81 00:04:25,640 --> 00:04:27,840 Speaker 1: campaigns and even other candidates in the spin room who 82 00:04:27,839 --> 00:04:30,520 Speaker 1: were criticizing Castro, and not in the typical way that 83 00:04:30,560 --> 00:04:33,320 Speaker 1: we see lawmakers attack one another, but in a way 84 00:04:33,360 --> 00:04:35,240 Speaker 1: that it is that they were making the case maybe 85 00:04:35,279 --> 00:04:37,960 Speaker 1: it went too far, Maybe he didn't mean it. He's 86 00:04:37,960 --> 00:04:39,680 Speaker 1: saying he didn't. In the spin room, I was in 87 00:04:39,760 --> 00:04:42,760 Speaker 1: a gaggle with him. He defended it, but I'm not 88 00:04:42,880 --> 00:04:47,640 Speaker 1: sure that this really helps them. What do you think? Yeah? 89 00:04:47,720 --> 00:04:50,599 Speaker 1: So I think um. And right now, just to just 90 00:04:50,640 --> 00:04:52,320 Speaker 1: to give a little bit more context to Biden and 91 00:04:52,360 --> 00:04:56,120 Speaker 1: Castro campaigns are arguing Biden's campaigns as a Castro campaign 92 00:04:56,120 --> 00:04:59,760 Speaker 1: official called them to apologize. Castro campaign is saying that's 93 00:04:59,760 --> 00:05:03,280 Speaker 1: not true. No one has apologized, and they're trying to 94 00:05:03,320 --> 00:05:05,520 Speaker 1: spin it forward and say, look, the point of what 95 00:05:05,600 --> 00:05:09,400 Speaker 1: Julian Kasher was saying was that the Biden's plan will 96 00:05:09,440 --> 00:05:14,440 Speaker 1: not cover ten million Americans um on health insurance. And 97 00:05:14,440 --> 00:05:17,240 Speaker 1: so I think the divide here is over whether or 98 00:05:17,279 --> 00:05:20,640 Speaker 1: not the talk was about Biden's healthcare plan or whether 99 00:05:20,720 --> 00:05:23,800 Speaker 1: it was trying to challenge his mental his mental stating 100 00:05:23,839 --> 00:05:26,839 Speaker 1: healthcare or his health right. Ryan Sea back with yeah, 101 00:05:26,960 --> 00:05:29,560 Speaker 1: I don't. This struck me as one of those debates 102 00:05:30,200 --> 00:05:32,800 Speaker 1: where the public at home is like, what are they 103 00:05:32,880 --> 00:05:36,400 Speaker 1: arguing about? Exactly like you're watching the Real Housewives or something, 104 00:05:36,440 --> 00:05:40,200 Speaker 1: and you went into you went in the kitchen, you 105 00:05:40,279 --> 00:05:42,640 Speaker 1: came back and there is they're slapping each other, and like, well, 106 00:05:42,720 --> 00:05:45,360 Speaker 1: I missed what this? What started this? It was an 107 00:05:45,400 --> 00:05:48,240 Speaker 1: obscure point that he was trying to make about whether 108 00:05:48,240 --> 00:05:52,720 Speaker 1: you're automatically enrolled or not in public option like plan, 109 00:05:52,880 --> 00:05:54,960 Speaker 1: and it was just like, I just don't think that 110 00:05:54,960 --> 00:05:58,840 Speaker 1: that's the kind of thing that is salient to viewers. 111 00:05:59,080 --> 00:06:03,480 Speaker 1: Democrats also don't to see Democrats hit each other. Um, 112 00:06:03,560 --> 00:06:06,719 Speaker 1: so it's always tricky in a primary to do that. 113 00:06:07,400 --> 00:06:10,680 Speaker 1: Ryan Teague beckwith is with us, as as this Tyler Pager, 114 00:06:10,760 --> 00:06:14,640 Speaker 1: two of the political all stars on Bloomberg's Political Reporting 115 00:06:14,720 --> 00:06:18,359 Speaker 1: National Politics Team. Brian Okay, so we talked about Juli 116 00:06:18,440 --> 00:06:22,159 Speaker 1: and Castro. We're gonna continue to talk about the Big three, Biden, 117 00:06:22,240 --> 00:06:26,160 Speaker 1: Warren and Sanders and Adam Green, who's a Warren World insider, 118 00:06:26,320 --> 00:06:30,719 Speaker 1: is on his way to the studios here just the right. Well, 119 00:06:30,800 --> 00:06:33,279 Speaker 1: let's let's hold off on Adam so we'll get him situated. 120 00:06:33,520 --> 00:06:36,640 Speaker 1: But before we talk with Adam about Elizabeth Warren, talk 121 00:06:36,720 --> 00:06:40,200 Speaker 1: to me about Corey Booker, Kamala Harris Peet, Buddha Gedge, 122 00:06:40,240 --> 00:06:43,280 Speaker 1: better over work, and Amy Klobuchar, how did they fare? 123 00:06:44,120 --> 00:06:48,320 Speaker 1: And and any have a breakout moment? Ryan T. Beckwith UM, 124 00:06:48,320 --> 00:06:52,160 Speaker 1: I think Corey Booker always does a credible job. Um. 125 00:06:52,200 --> 00:06:54,599 Speaker 1: You know, he's he's he's quick on his feet, he 126 00:06:54,680 --> 00:06:57,200 Speaker 1: makes sense. Uh, you know most of his answers, which 127 00:06:58,000 --> 00:07:02,240 Speaker 1: Biden didn't always meet that standard. Um. I think he did. 128 00:07:02,279 --> 00:07:04,760 Speaker 1: He did find Buddha Judge had a couple of moments 129 00:07:04,800 --> 00:07:07,599 Speaker 1: there where he talked about civility, that the bigger problem 130 00:07:07,680 --> 00:07:10,080 Speaker 1: for them wasn't so much their debate performance as much 131 00:07:10,080 --> 00:07:13,240 Speaker 1: as just that lane is already occupied by Biden and 132 00:07:13,320 --> 00:07:17,200 Speaker 1: unless he falters, Um, they're really not going to move 133 00:07:17,240 --> 00:07:20,880 Speaker 1: ahead much. Um. But they turned in good performances, they 134 00:07:20,880 --> 00:07:25,000 Speaker 1: had good moments. Uh. Klobasher, you know was kind of 135 00:07:25,000 --> 00:07:27,320 Speaker 1: in a similar thing. Is she she was herself. She 136 00:07:27,320 --> 00:07:29,080 Speaker 1: sounded a little bit like a senator. I think the 137 00:07:29,520 --> 00:07:31,880 Speaker 1: I read your bill on page eight was a very 138 00:07:31,960 --> 00:07:34,840 Speaker 1: senator thing to say. Um, when she was talking to 139 00:07:34,920 --> 00:07:36,920 Speaker 1: Sanders about his health care. But I think people at 140 00:07:36,920 --> 00:07:39,280 Speaker 1: home or like, like as soon as you start talking 141 00:07:39,280 --> 00:07:42,679 Speaker 1: about reading a bill, they don't. They're tuning out. Um. 142 00:07:42,800 --> 00:07:46,520 Speaker 1: So he's been this forward though, like this weekend in particular, right, 143 00:07:46,840 --> 00:07:49,840 Speaker 1: what are the candidates gonna do? What has this changed? 144 00:07:50,360 --> 00:07:52,680 Speaker 1: I'll ask both of you this question, and then coming 145 00:07:52,760 --> 00:07:54,679 Speaker 1: up we'll died more into the weeds. But Ryan Sigbeck 146 00:07:54,760 --> 00:07:57,160 Speaker 1: with what are you looking for this weekend? And did 147 00:07:57,280 --> 00:07:59,800 Speaker 1: last night change the contours of the race at all? No? 148 00:08:00,200 --> 00:08:02,200 Speaker 1: I don't. I just don't think it changed anything. I 149 00:08:02,280 --> 00:08:05,400 Speaker 1: think we're going to see the same uh ten people 150 00:08:05,400 --> 00:08:08,120 Speaker 1: plus Tom Styre at the next debate. I'm not sure 151 00:08:08,360 --> 00:08:11,440 Speaker 1: someone may drop out between now and then and spare 152 00:08:11,480 --> 00:08:14,400 Speaker 1: us two nights of debate. Um. But I don't think 153 00:08:14,440 --> 00:08:16,680 Speaker 1: that it's going to shift much. And I think that 154 00:08:16,800 --> 00:08:19,560 Speaker 1: every day that it doesn't shift is a bad day 155 00:08:19,640 --> 00:08:22,440 Speaker 1: for anyone who's not in the top three. Tyler, Yeah, 156 00:08:22,480 --> 00:08:24,880 Speaker 1: I would agree with what what with what Ryan saying? 157 00:08:24,880 --> 00:08:27,840 Speaker 1: I think a lot of them were running campaigns on 158 00:08:28,320 --> 00:08:32,760 Speaker 1: or are running in their strategies. When Biden falters, I 159 00:08:32,800 --> 00:08:35,079 Speaker 1: will take his place as the moderate. We saw that 160 00:08:35,120 --> 00:08:38,440 Speaker 1: from Buddha j Edge and from from Klobuchar. Also, Kamala 161 00:08:38,480 --> 00:08:41,600 Speaker 1: Harris has pivoted again with a new strategy of just 162 00:08:41,679 --> 00:08:44,800 Speaker 1: taking the fight directly to Trump. We've seen many different 163 00:08:44,840 --> 00:08:48,360 Speaker 1: in cars, uh, kind of strategies there of taking a 164 00:08:48,480 --> 00:08:53,600 Speaker 1: Biden now, yeah, many iterations and and so I think, um, 165 00:08:53,640 --> 00:08:56,080 Speaker 1: they're all waiting for Biden to falter, but we haven't 166 00:08:56,120 --> 00:08:59,280 Speaker 1: seen that happen, and his bases is still right there 167 00:08:59,320 --> 00:09:02,640 Speaker 1: with him. Folders this. Yeah, it's it's interesting catch twenty 168 00:09:02,640 --> 00:09:07,320 Speaker 1: two in terms Tyler of of the more candidates that 169 00:09:07,400 --> 00:09:11,520 Speaker 1: there are, then the more he continues to solidify his lead, 170 00:09:11,559 --> 00:09:15,440 Speaker 1: he benefits from having such a crowded democratic presidential uh, 171 00:09:15,600 --> 00:09:17,960 Speaker 1: Democratic presidential field coming up. We gotta leave it there 172 00:09:17,960 --> 00:09:19,840 Speaker 1: for now. Coming up, we're gonna talk more about this. 173 00:09:19,960 --> 00:09:23,520 Speaker 1: Adam Green has arrived. He is the Progressive Campaign Committee 174 00:09:23,600 --> 00:09:26,640 Speaker 1: co founder, uh and a war in World insider. We're 175 00:09:26,640 --> 00:09:28,760 Speaker 1: gonna get into medicare. We're also going to get in 176 00:09:29,160 --> 00:09:33,720 Speaker 1: the President Trump's tax cut two point oh plan? Does 177 00:09:33,760 --> 00:09:36,640 Speaker 1: it even have a chance. Download the Bloomberg Sound on 178 00:09:36,679 --> 00:09:39,959 Speaker 1: podcast on Apple iTunes, at Bloomberg dot com, or by 179 00:09:39,960 --> 00:09:42,720 Speaker 1: downloading the Bloomberg Business app. You can also find us 180 00:09:42,720 --> 00:09:46,000 Speaker 1: on radio dot Com, I Heart Radio and Spotify. I'm 181 00:09:46,080 --> 00:09:50,319 Speaker 1: Kevin CURRELLI chief Washington correspondent for Bloomberg Television and Bloomberg Radio. 182 00:09:50,600 --> 00:09:59,040 Speaker 1: And this is Bloomberg. This is Bloomberg. Sound On with 183 00:09:59,120 --> 00:10:04,600 Speaker 1: Kevin surl on Bloomberg and one oh five h d two. 184 00:10:05,640 --> 00:10:08,680 Speaker 1: What we should be doing is creating an economy that 185 00:10:08,760 --> 00:10:13,360 Speaker 1: works for all of us, not one. That was Senator 186 00:10:13,440 --> 00:10:18,280 Speaker 1: Bernie Sanders, the Independent who caucuses with the Democrats of Vermont, 187 00:10:18,640 --> 00:10:22,280 Speaker 1: speaking at Texas Southern University last evening during the third 188 00:10:22,320 --> 00:10:26,920 Speaker 1: Democratic presidential presidential Excuse me debate, I'm Kevin CURRELLI I'm 189 00:10:26,960 --> 00:10:29,600 Speaker 1: still in Houston. I'm the chief Washington correspondent for Bloomberg 190 00:10:29,600 --> 00:10:33,120 Speaker 1: Television of Bloomberg Radio. And I'm thrilled to have Adam Green. 191 00:10:33,280 --> 00:10:36,400 Speaker 1: He has arrived in Washington, d C. At the Bloomberg 192 00:10:36,440 --> 00:10:40,080 Speaker 1: News Washington d C. Bureau. He is a Warren World 193 00:10:40,280 --> 00:10:45,280 Speaker 1: insider to help us navigate through all all of the 194 00:10:45,320 --> 00:10:48,599 Speaker 1: progressive political circles. Truthfully, folkus, there's no on better in 195 00:10:48,679 --> 00:10:51,760 Speaker 1: Washington who understands the dynamics of progressive politics and the 196 00:10:51,840 --> 00:10:55,920 Speaker 1: co founder of the Progressive Change Campaign Committee. Also with me, 197 00:10:56,040 --> 00:11:00,480 Speaker 1: my colleague Ryan t Back with Bloomberg News national political reporter, 198 00:11:00,679 --> 00:11:04,040 Speaker 1: and coming up, we're going to hear from Congresswoman Sylvia Garcia, 199 00:11:04,440 --> 00:11:08,280 Speaker 1: a Democrat who represents the eastern part of Texas. So 200 00:11:08,320 --> 00:11:10,720 Speaker 1: a lot to get through, a lot to unpack. I 201 00:11:10,760 --> 00:11:14,800 Speaker 1: want to talk with broadly speaking Adam Green about the 202 00:11:14,840 --> 00:11:20,880 Speaker 1: medicare debate that dominated dominated the first twenty minutes of 203 00:11:21,000 --> 00:11:22,920 Speaker 1: last night's debate. It was like a three way debate 204 00:11:23,000 --> 00:11:28,480 Speaker 1: between Biden, Warren, and Sanders who won. So I think 205 00:11:28,679 --> 00:11:31,760 Speaker 1: it was a good representation of both sides. If you 206 00:11:31,760 --> 00:11:34,840 Speaker 1: think of the last debate being the kind of bad 207 00:11:35,040 --> 00:11:38,800 Speaker 1: or weaker conservative avatars being present with Warren and Bernie 208 00:11:38,880 --> 00:11:41,200 Speaker 1: on stage, and then the weaker progressive avatars being with 209 00:11:41,400 --> 00:11:43,920 Speaker 1: Biden and others, you know, this was actually a fair debate, 210 00:11:44,240 --> 00:11:46,160 Speaker 1: you know. I think that Elizabeth Warren did a great 211 00:11:46,240 --> 00:11:50,840 Speaker 1: job of elevating the human parts of the debate that 212 00:11:51,000 --> 00:11:53,920 Speaker 1: polling shows are our most persuasive points with the public, 213 00:11:54,280 --> 00:11:57,080 Speaker 1: you know, saying that people pay a lot of money 214 00:11:57,400 --> 00:12:00,880 Speaker 1: with copas, with deductibles, with premiums, these are real costs 215 00:12:00,920 --> 00:12:03,000 Speaker 1: for families, and Medicare for all would eliminate all of 216 00:12:03,040 --> 00:12:04,880 Speaker 1: those I think Bourney did a good job of laying 217 00:12:04,880 --> 00:12:07,679 Speaker 1: out the numbers, but Biden, you know, did his thing 218 00:12:07,679 --> 00:12:09,520 Speaker 1: in terms of raising a lot of a lot of 219 00:12:09,559 --> 00:12:11,920 Speaker 1: the right wing talking points against Medicare for all. So 220 00:12:12,040 --> 00:12:14,720 Speaker 1: my guess is that most people watch that debate agreeing 221 00:12:14,720 --> 00:12:16,640 Speaker 1: with the people that they were predisposed to agree with. 222 00:12:17,040 --> 00:12:19,240 Speaker 1: I think for the very few undecided people who are watching, 223 00:12:19,800 --> 00:12:22,760 Speaker 1: the progressive side did pretty well. Can Medicare for all 224 00:12:23,080 --> 00:12:26,439 Speaker 1: be an issue that independent voters, people who vote for 225 00:12:26,440 --> 00:12:29,959 Speaker 1: Republicans and Democrats and go back and forth presidential to 226 00:12:30,040 --> 00:12:34,320 Speaker 1: presidential cannot be an issue that can convince independent voters 227 00:12:34,320 --> 00:12:38,160 Speaker 1: to to go for for Medicare for all. I would 228 00:12:38,160 --> 00:12:41,120 Speaker 1: actually say they start off convinced. Medicare for all starts 229 00:12:41,160 --> 00:12:44,040 Speaker 1: off popular. The right wing talking point, which unfortunately too 230 00:12:44,040 --> 00:12:47,680 Speaker 1: many Democrats like rab Emmanuel and others repeat, is oh, 231 00:12:47,679 --> 00:12:50,640 Speaker 1: when people here that millions of people will lose their 232 00:12:50,640 --> 00:12:55,160 Speaker 1: private employer health coverage, then support plummets to which point, 233 00:12:55,200 --> 00:12:57,120 Speaker 1: you know, to which I say, Well, if they only 234 00:12:57,160 --> 00:13:00,240 Speaker 1: hear an attack on any idea or person, so sport 235 00:13:00,280 --> 00:13:02,240 Speaker 1: for that idea or personal plummet. The question is not 236 00:13:02,600 --> 00:13:05,560 Speaker 1: will Democrats get attacked? Of course, we will The question 237 00:13:05,640 --> 00:13:07,480 Speaker 1: is not will because of ideas get attacked? Of course 238 00:13:07,520 --> 00:13:09,800 Speaker 1: they will. The question is how strong as your rebuttle 239 00:13:10,120 --> 00:13:11,840 Speaker 1: and how good is your candidate and making the case. 240 00:13:12,640 --> 00:13:14,280 Speaker 1: I think that's important. Wait, let me let me get 241 00:13:14,320 --> 00:13:15,840 Speaker 1: in here, because this is important because one of the 242 00:13:15,880 --> 00:13:19,360 Speaker 1: most common things is that that we hear and we've 243 00:13:19,360 --> 00:13:21,600 Speaker 1: heard it last night, has come up in several interviews 244 00:13:21,600 --> 00:13:25,280 Speaker 1: with Senator Warren and is whether or not middle middle 245 00:13:25,679 --> 00:13:29,520 Speaker 1: middle class taxes would go up. And Bernie Sanders gave 246 00:13:29,559 --> 00:13:31,439 Speaker 1: a direct answer to that, I believe is the first 247 00:13:31,559 --> 00:13:33,719 Speaker 1: or second debate. Senator Warren has said, well, you know, 248 00:13:33,760 --> 00:13:35,719 Speaker 1: it's a factor. It's a factor where you got to 249 00:13:35,760 --> 00:13:38,280 Speaker 1: look at a lot of different costs. But I mean, 250 00:13:38,320 --> 00:13:39,800 Speaker 1: you know this, Adam, and I'm not trying to play 251 00:13:39,840 --> 00:13:42,640 Speaker 1: got you here. I'm trying to really go into those 252 00:13:42,679 --> 00:13:45,240 Speaker 1: seventy thousand voters who voted for Obama twice and then 253 00:13:45,360 --> 00:13:49,520 Speaker 1: voted for President Trump. Tax and middle you know, whether 254 00:13:49,600 --> 00:13:51,560 Speaker 1: or not your taxes are going to go up, that's 255 00:13:51,600 --> 00:13:56,000 Speaker 1: something that that factors into the voting calculation, is it not? Well, 256 00:13:56,160 --> 00:13:58,760 Speaker 1: you know, taxes are a proxy for cost. What people 257 00:13:58,760 --> 00:14:01,000 Speaker 1: care about are their pocketbook? Do they have money to 258 00:14:01,000 --> 00:14:02,719 Speaker 1: put food on the table, take care of their kids, 259 00:14:02,800 --> 00:14:05,720 Speaker 1: take care of their families. And Elizabeth Lawrence point was 260 00:14:05,840 --> 00:14:09,120 Speaker 1: accurate and smart political messaging, which is, your costs will 261 00:14:09,160 --> 00:14:11,320 Speaker 1: go down when you take all the costs that you 262 00:14:11,360 --> 00:14:14,720 Speaker 1: currently pay for private insurance, including money that goes to 263 00:14:14,800 --> 00:14:18,240 Speaker 1: exorbitates CEO, pay hundreds of billions of dollars in marketing, 264 00:14:18,600 --> 00:14:23,520 Speaker 1: hundreds of billions of dollars in duplicated, duplicative adminisiative cost 265 00:14:23,800 --> 00:14:27,920 Speaker 1: and unnecessary administative cost, and take all that off the table, 266 00:14:28,240 --> 00:14:31,120 Speaker 1: not have to pay the doctorbi's code past premiums, and 267 00:14:31,640 --> 00:14:33,280 Speaker 1: at the end of the day, you'll save thousands of 268 00:14:33,320 --> 00:14:35,480 Speaker 1: dollars that's right back in your pocket. It goes for 269 00:14:35,640 --> 00:14:37,400 Speaker 1: you know, support, it goes very high. And I just 270 00:14:37,400 --> 00:14:39,920 Speaker 1: want to answer my own attack before she point out 271 00:14:40,000 --> 00:14:41,840 Speaker 1: the exact same thing that we found our pulling, which 272 00:14:41,840 --> 00:14:44,720 Speaker 1: is when you point out people don't love their insurance companies, 273 00:14:44,960 --> 00:14:48,520 Speaker 1: they love their doctors. Medicare for All represents stability because 274 00:14:48,560 --> 00:14:50,440 Speaker 1: if you get fired or quit your job, or lose 275 00:14:50,440 --> 00:14:52,880 Speaker 1: your job, you can still see the same doctor because 276 00:14:52,880 --> 00:14:55,960 Speaker 1: every doctor will take Medicare for All support. Skyrockets after 277 00:14:56,000 --> 00:14:59,160 Speaker 1: hearing the attacks. That's why we need somebody representing Democrats 278 00:14:59,160 --> 00:15:01,960 Speaker 1: who makes the democative democratic argument, not repeats right wing 279 00:15:02,000 --> 00:15:05,200 Speaker 1: talking points. You know, this is Ryan Siegbeck with Blimberg 280 00:15:05,280 --> 00:15:08,720 Speaker 1: News national political reporter. And this is why Adam truthfully, 281 00:15:08,720 --> 00:15:13,400 Speaker 1: I mean, understands the the architect the architecture rather of 282 00:15:13,400 --> 00:15:16,240 Speaker 1: of the argument of progressive policy in terms of that 283 00:15:16,400 --> 00:15:19,440 Speaker 1: case that he just made. Ryan, based upon your reporting 284 00:15:19,440 --> 00:15:22,560 Speaker 1: and based upon as you look at as you contrast 285 00:15:22,640 --> 00:15:25,680 Speaker 1: Elizabeth Warren to Bernie Sanders, who right now would be 286 00:15:25,720 --> 00:15:29,160 Speaker 1: the better deliverer of that message to win over not 287 00:15:29,280 --> 00:15:32,520 Speaker 1: necessarily the base of the Democratic Party, but swing voters 288 00:15:32,520 --> 00:15:34,840 Speaker 1: in a general election. I have to say, right now, 289 00:15:34,880 --> 00:15:37,760 Speaker 1: Warren benefits a lot from the fact that Sanders is 290 00:15:37,800 --> 00:15:42,920 Speaker 1: on stage um with her, because it's sort of sets um. 291 00:15:42,960 --> 00:15:46,840 Speaker 1: It sets a pull up that she can say, well, 292 00:15:46,880 --> 00:15:49,640 Speaker 1: she's not going as far as he does. For example, 293 00:15:49,760 --> 00:15:54,400 Speaker 1: his uh, his student loan plan would forgive like a 294 00:15:54,400 --> 00:15:56,480 Speaker 1: trillion dollars more debt, and she can say, well, my 295 00:15:56,560 --> 00:15:58,920 Speaker 1: plan actually is, you know, a little bit more moderate 296 00:15:58,960 --> 00:16:00,760 Speaker 1: than that. And I think that that is something that 297 00:16:01,200 --> 00:16:04,120 Speaker 1: as we get down closer to a three way race, 298 00:16:04,640 --> 00:16:07,120 Speaker 1: UM allows her to position herself as being somewhat in 299 00:16:07,160 --> 00:16:10,400 Speaker 1: the middle, and then I think there's a potential there 300 00:16:10,480 --> 00:16:14,240 Speaker 1: for a pivot in the general election, whereas Sanders in 301 00:16:14,280 --> 00:16:17,600 Speaker 1: the general election will will continue to be Sanders and 302 00:16:17,600 --> 00:16:20,160 Speaker 1: Biden will continue to be Biden. I want to pick 303 00:16:20,280 --> 00:16:21,760 Speaker 1: up on that point, and then I want to I 304 00:16:21,760 --> 00:16:23,640 Speaker 1: want to just prove it with a with a sound 305 00:16:23,640 --> 00:16:26,240 Speaker 1: bite from last night from Elizabeth Warren. Everyone always says 306 00:16:26,240 --> 00:16:29,040 Speaker 1: Bernie Sanders is so disciplined. He is. He's an incredibly, 307 00:16:29,360 --> 00:16:34,880 Speaker 1: incredibly disciplined politician and a disciplined messenger, But so is 308 00:16:34,880 --> 00:16:38,520 Speaker 1: Elizabeth Warren. I mean, I think back she beat Scott Brown, 309 00:16:38,600 --> 00:16:42,680 Speaker 1: the Republican darling of the of the Massachusetts Republican Party, 310 00:16:43,120 --> 00:16:45,520 Speaker 1: all of those years back. But take a listen to 311 00:16:45,600 --> 00:16:49,600 Speaker 1: what she said about trade policy, because her tone last night, 312 00:16:49,680 --> 00:16:51,520 Speaker 1: and no one really has really analyzed and I think 313 00:16:51,560 --> 00:16:54,120 Speaker 1: we spent much more time on Bernie's tone, but her 314 00:16:54,200 --> 00:17:00,000 Speaker 1: tone last night was very measured and how she essentially 315 00:17:00,000 --> 00:17:02,280 Speaker 1: he said she would continue to utilize tariffs, but she 316 00:17:02,320 --> 00:17:04,840 Speaker 1: made a very different rhetorical approach than President Trump. For 317 00:17:04,880 --> 00:17:07,119 Speaker 1: Bernie Sanders, take a listen to Elizabeth Warren on trade, 318 00:17:07,520 --> 00:17:11,160 Speaker 1: our trade policy in America has been broken for decades, 319 00:17:11,920 --> 00:17:14,959 Speaker 1: and it has been broken because it works for giant 320 00:17:15,000 --> 00:17:18,760 Speaker 1: Balti national corporations and not for much of anyone else. 321 00:17:19,520 --> 00:17:22,639 Speaker 1: So they're Adam Adam Green. You hear that. And we 322 00:17:22,640 --> 00:17:25,560 Speaker 1: were dissecting this on Bloomberg Television all throughout the day 323 00:17:25,880 --> 00:17:31,440 Speaker 1: about how tariffs are now part of both parties political ideology. 324 00:17:31,520 --> 00:17:34,640 Speaker 1: But you hear that in terms of from coming from 325 00:17:34,640 --> 00:17:39,760 Speaker 1: Elizabeth Warren, how will she, I mean, because utilize international 326 00:17:39,800 --> 00:17:42,520 Speaker 1: trade policy and pivots of foreign policy. And we heard 327 00:17:42,560 --> 00:17:44,480 Speaker 1: it a little bit last night when she alluded the 328 00:17:44,520 --> 00:17:48,560 Speaker 1: Senator John McCain, But how will she begin to roll 329 00:17:48,640 --> 00:17:51,640 Speaker 1: out a commander in chief vision for an Elizabeth Warren 330 00:17:51,680 --> 00:17:56,320 Speaker 1: candidacy and presidency? Well, last night I thought she looked 331 00:17:56,359 --> 00:18:00,879 Speaker 1: amazingly presidential. Um looked and sounded presidential. And last night 332 00:18:00,920 --> 00:18:03,320 Speaker 1: was really the first time that I can remember her 333 00:18:03,480 --> 00:18:06,320 Speaker 1: having a big foreign policy moment in a debate because 334 00:18:06,320 --> 00:18:08,880 Speaker 1: it hasn't come up. But she was asked about Afghanistan, 335 00:18:09,280 --> 00:18:13,240 Speaker 1: and she gave an amazingly clear and strong answer about 336 00:18:13,320 --> 00:18:15,919 Speaker 1: why she would take our troops out of Afghanistan and 337 00:18:15,960 --> 00:18:20,960 Speaker 1: bring after eighteen years them home and on Twitter, it 338 00:18:21,000 --> 00:18:24,360 Speaker 1: went wild um in terms of energy, and so many 339 00:18:24,400 --> 00:18:27,520 Speaker 1: people were saying she looked presidential, right, And that's why 340 00:18:27,520 --> 00:18:31,560 Speaker 1: I agree um with Ryan that you know, basically, her 341 00:18:31,600 --> 00:18:34,240 Speaker 1: being on stage not just with Sanders, but with everybody 342 00:18:34,680 --> 00:18:38,200 Speaker 1: allows a compare and contrast for voters back home, voters 343 00:18:38,200 --> 00:18:40,520 Speaker 1: who are trying to decide who can be president, but 344 00:18:40,560 --> 00:18:42,439 Speaker 1: also voters who are trying to decide who can be 345 00:18:42,440 --> 00:18:45,480 Speaker 1: electable against Trump. And I think anybody who watched last 346 00:18:45,560 --> 00:18:48,760 Speaker 1: night could absolutely picture Elizabeth Warren both in the oval 347 00:18:48,800 --> 00:18:51,320 Speaker 1: office and on the debate stage against Aald Trump. Disciplined. 348 00:18:51,440 --> 00:18:53,199 Speaker 1: That's the word that I keep coming back to in 349 00:18:53,240 --> 00:18:56,199 Speaker 1: my eight years of covering Elizabeth Warren. Discipline. She is 350 00:18:56,200 --> 00:19:00,520 Speaker 1: an incredibly disciplined politician in a way that I think 351 00:19:00,760 --> 00:19:04,520 Speaker 1: contrasts with many of the others who, uh who are 352 00:19:04,560 --> 00:19:07,520 Speaker 1: are undisciplined in the sense that they run for a microphone. 353 00:19:07,560 --> 00:19:11,280 Speaker 1: Coming up, we're gonna have much more political policy analysis 354 00:19:11,280 --> 00:19:13,960 Speaker 1: and that's not a criticism or an attack or praise 355 00:19:14,000 --> 00:19:16,760 Speaker 1: on Elizabeth Moore, and it's just just disciplined. And we're 356 00:19:16,760 --> 00:19:19,960 Speaker 1: also going to check in with Congresswoman Sylvia Garcia, a 357 00:19:20,000 --> 00:19:22,960 Speaker 1: Democrat from Texas. Panel stays. You can download the Bloomberg 358 00:19:22,960 --> 00:19:26,159 Speaker 1: Sound On podcast on Apple iTunes, at Bloomberg dot com, 359 00:19:26,280 --> 00:19:28,520 Speaker 1: or by downloading the Bloomberg Business app. You can also 360 00:19:28,560 --> 00:19:31,800 Speaker 1: find me on I Heart Radio Radio dot com, as 361 00:19:31,840 --> 00:19:35,359 Speaker 1: well as Spotify. I'm Kevin Cirelli, Chief Washington correspondent for 362 00:19:35,359 --> 00:19:38,680 Speaker 1: Bloomberg Television and Bloomberg Radio. We made It's a Friday. 363 00:19:38,760 --> 00:19:46,359 Speaker 1: We made It's a Friday. You're listening to Bloomberg. This 364 00:19:46,680 --> 00:19:51,640 Speaker 1: is Bloomberg Sound On with Kevin Surreley on Bloomberg one 365 00:19:51,800 --> 00:19:54,160 Speaker 1: and one or five point seven f M h D two. 366 00:19:55,720 --> 00:20:00,480 Speaker 1: Happy Friday, folks. I'm Kevin Cerelli, Chief Washington Correspondent Bloomberg 367 00:20:00,560 --> 00:20:04,800 Speaker 1: Television and Bloomberg Radio. I'm broadcasting live from the I 368 00:20:04,960 --> 00:20:12,240 Speaker 1: Heart Radios studios. KPRC a M have been incredibly generous 369 00:20:12,720 --> 00:20:16,359 Speaker 1: UH hosts by allowing me to broadcast here as I 370 00:20:16,480 --> 00:20:19,719 Speaker 1: wait my flight back to Washington, d C. Later this 371 00:20:19,760 --> 00:20:22,399 Speaker 1: evening from Houston, Texas. I've been on assignment for the 372 00:20:22,400 --> 00:20:25,879 Speaker 1: past three days covering the third Democratic presidential debate, and 373 00:20:25,920 --> 00:20:29,159 Speaker 1: we have it all covered every which angle from the 374 00:20:29,240 --> 00:20:33,680 Speaker 1: policy to the politics. But let's not forget about President 375 00:20:33,880 --> 00:20:35,960 Speaker 1: Trump and That's why I'm so thrilled to have two 376 00:20:36,000 --> 00:20:38,800 Speaker 1: of my colleagues holding down the I'm sorry, one of 377 00:20:38,840 --> 00:20:41,960 Speaker 1: my colleagues and and a political all star holding down 378 00:20:42,040 --> 00:20:45,399 Speaker 1: the fort for me back in Washington, d C. Ryan T. 379 00:20:45,680 --> 00:20:49,440 Speaker 1: Beckwith is Bloomberg News national political reporter. We're thrilled to 380 00:20:49,480 --> 00:20:51,480 Speaker 1: have him with us on a Friday. And Adam Green, 381 00:20:51,800 --> 00:20:56,199 Speaker 1: co founder of the Progressive Change Campaign Committee. Ryan so 382 00:20:56,280 --> 00:20:58,560 Speaker 1: might We've been talking all about the Democrats and who's up, 383 00:20:58,600 --> 00:21:01,800 Speaker 1: who's down? But President up? I mean, how did President 384 00:21:01,800 --> 00:21:05,320 Speaker 1: Trump fair last night? Uh? He wasn't on the stage, 385 00:21:05,359 --> 00:21:07,960 Speaker 1: but obviously he was. He was, he didn't have to be. 386 00:21:08,040 --> 00:21:10,960 Speaker 1: How did he do last night? He gave a speech 387 00:21:11,400 --> 00:21:17,800 Speaker 1: in Baltimore to UM Republicans in Congress. Uh pretty much Uh, 388 00:21:17,840 --> 00:21:20,879 Speaker 1: split screen same time as the debates. I don't know 389 00:21:20,880 --> 00:21:23,159 Speaker 1: if that was a way to keep him off Twitter 390 00:21:23,600 --> 00:21:27,640 Speaker 1: UM during the debates, but it did provide some interesting contrast, 391 00:21:27,680 --> 00:21:29,879 Speaker 1: which actually took me a while to put together because 392 00:21:30,040 --> 00:21:32,359 Speaker 1: I can't watch more than one thing at a time. 393 00:21:33,000 --> 00:21:37,760 Speaker 1: UM Democrats twice praised John McCain on the debate. I 394 00:21:37,760 --> 00:21:41,560 Speaker 1: thought that was really interesting and interesting. The same time, 395 00:21:42,119 --> 00:21:46,120 Speaker 1: the two thousand miles away in Baltimore, Donald Trump bashed 396 00:21:46,359 --> 00:21:50,760 Speaker 1: John McCain US. It's such and one of those one 397 00:21:50,800 --> 00:21:52,800 Speaker 1: of those people who praised Senator John McCain with the 398 00:21:52,840 --> 00:21:55,520 Speaker 1: late Senator Johma Game was Elizabeth Warren, who actually took 399 00:21:55,520 --> 00:21:59,280 Speaker 1: a trip with the late Senator John McCain to Afghanistan. 400 00:21:59,320 --> 00:22:03,439 Speaker 1: I believe is that Afghanistan, Adam, Yeah, it was. It 401 00:22:03,520 --> 00:22:06,320 Speaker 1: was either Afghanistan or I raised Afghanistan. It was Afghanistan. 402 00:22:06,680 --> 00:22:10,159 Speaker 1: Uh And and traveled with him on what I believe 403 00:22:10,240 --> 00:22:12,920 Speaker 1: was his last, his last trip there. And and again, 404 00:22:13,119 --> 00:22:18,240 Speaker 1: even just the notion of of of Republican president criticizing 405 00:22:19,040 --> 00:22:22,920 Speaker 1: even any any other Republican senator uh And and Democrats 406 00:22:23,080 --> 00:22:27,400 Speaker 1: really embracing, embracing, that is such an illustration of the times. 407 00:22:27,560 --> 00:22:29,720 Speaker 1: I do want to dive into policy, because clearly the 408 00:22:29,760 --> 00:22:34,960 Speaker 1: politicking on both sides continued today with President Trump continuing 409 00:22:35,040 --> 00:22:38,680 Speaker 1: to talk fodder about a potential tax cut two point oh. 410 00:22:39,040 --> 00:22:43,679 Speaker 1: But but there's a divide within the Republican Party about 411 00:22:43,760 --> 00:22:47,160 Speaker 1: between or rather between President Trump and the Republican House 412 00:22:47,200 --> 00:22:50,919 Speaker 1: Ways and Means Committee chair members about what exactly that 413 00:22:50,920 --> 00:22:53,600 Speaker 1: would look like. I'm going to read from the Bloomberg Terminal, 414 00:22:53,680 --> 00:22:57,600 Speaker 1: my colleagues Laura Davison and Eric Wasson reporting one of 415 00:22:57,600 --> 00:23:01,640 Speaker 1: President Donald Trump's favorite political promise is a second tax cut. 416 00:23:01,680 --> 00:23:04,159 Speaker 1: But lawmakers in Congress who would need to develop and 417 00:23:04,160 --> 00:23:07,879 Speaker 1: pass another reduction or more focused on making their first 418 00:23:07,920 --> 00:23:11,840 Speaker 1: tax cut permanent. So you know you hear that lead. 419 00:23:12,000 --> 00:23:16,200 Speaker 1: Ryan C. Beck with Bloomberg News Political reporter, National politics 420 00:23:16,280 --> 00:23:21,360 Speaker 1: reporter and essentially the Capitol Hill reporters are saying there's 421 00:23:21,400 --> 00:23:24,600 Speaker 1: no way tax cut two point oh passes any time 422 00:23:25,040 --> 00:23:28,720 Speaker 1: before uh, in this Congress or before the election. Yes, 423 00:23:28,720 --> 00:23:32,360 Speaker 1: Democrats still control the House, and they're in pretty good 424 00:23:32,359 --> 00:23:35,440 Speaker 1: shape heading into the election with a number of Republican 425 00:23:35,520 --> 00:23:40,600 Speaker 1: retirements and just the their continued strength in suburban districts. Um, 426 00:23:41,560 --> 00:23:44,400 Speaker 1: this is this is vapor where I don't know how 427 00:23:44,400 --> 00:23:48,760 Speaker 1: else to put. Vaporware is a term from Silicon Valley 428 00:23:48,800 --> 00:23:53,800 Speaker 1: for when someone talks about software that they don't yet have, um, 429 00:23:53,840 --> 00:23:58,160 Speaker 1: that they may never have, uh, and nonetheless gets buyers 430 00:23:58,200 --> 00:24:00,879 Speaker 1: for it. I think most people by an hour aware 431 00:24:00,960 --> 00:24:03,800 Speaker 1: that that he's going to talk about how he may 432 00:24:03,840 --> 00:24:06,159 Speaker 1: have another tax cut, but there's nothing on the table. 433 00:24:06,600 --> 00:24:10,240 Speaker 1: There's there's no particular plan put together. Uh, there's no 434 00:24:10,320 --> 00:24:13,000 Speaker 1: foreseeable way that he could come together with Democrats who 435 00:24:13,000 --> 00:24:17,399 Speaker 1: are currently campaigning on the idea of reversing his first 436 00:24:17,440 --> 00:24:21,000 Speaker 1: tax cuts for the wealthy um and keeping in place 437 00:24:21,080 --> 00:24:23,639 Speaker 1: the parts that were for the middle class, uh, in 438 00:24:23,760 --> 00:24:27,160 Speaker 1: order to finance their pet projects. I just I don't 439 00:24:27,200 --> 00:24:30,240 Speaker 1: even see. This is the kind of thing that makes 440 00:24:30,240 --> 00:24:33,960 Speaker 1: a congressional reporter get just seriously annoyed because they had 441 00:24:34,000 --> 00:24:36,560 Speaker 1: like three other stories of something that may actually come 442 00:24:36,600 --> 00:24:38,399 Speaker 1: up for a vote that they would much rather report. 443 00:24:38,600 --> 00:24:41,359 Speaker 1: So Adam, so Adam, I mean, it's it's a Ryan's point. 444 00:24:41,359 --> 00:24:45,000 Speaker 1: I mean, White House Economic advisor Larry Cudlow was on Friday. 445 00:24:45,000 --> 00:24:47,639 Speaker 1: He spoke to reporters and he said that they're gonna 446 00:24:47,840 --> 00:24:50,720 Speaker 1: they're gonna continue to do this, that this is not 447 00:24:50,920 --> 00:24:54,800 Speaker 1: a response to there might being a recession. The direct 448 00:24:54,880 --> 00:24:57,160 Speaker 1: quote from Caudlow on that, and this is important is quote, 449 00:24:57,359 --> 00:25:00,000 Speaker 1: this is not a recession measure at all. The economy 450 00:25:00,000 --> 00:25:02,879 Speaker 1: me is very strong end quote. But I mean you 451 00:25:02,960 --> 00:25:07,120 Speaker 1: factor you, and you factor in, you factor in the 452 00:25:07,160 --> 00:25:11,200 Speaker 1: political implications of that, uh, and then the economic outlook 453 00:25:11,240 --> 00:25:13,160 Speaker 1: and you get a different picture. And and Adam, we're 454 00:25:13,160 --> 00:25:15,680 Speaker 1: gonna come back to this because right now I'm being 455 00:25:15,720 --> 00:25:19,640 Speaker 1: told by our by our producers uh in New York 456 00:25:19,680 --> 00:25:23,920 Speaker 1: and here in Houston, that we are joined by Congresswoman Uh. 457 00:25:24,040 --> 00:25:29,720 Speaker 1: We are joined by Congresswoman Sylvia Garcia, a Democrat from uh, Texas. Congresswoman, 458 00:25:29,720 --> 00:25:31,200 Speaker 1: thank you so much for joining us. She's a member 459 00:25:31,200 --> 00:25:33,680 Speaker 1: of the House Financial Services Committee. I'm in Houston still. 460 00:25:34,000 --> 00:25:35,960 Speaker 1: I love it so much, I can't get out of here. 461 00:25:36,040 --> 00:25:37,840 Speaker 1: Congress I'm a great job on the hosting of the 462 00:25:37,840 --> 00:25:40,440 Speaker 1: debate last night. What do you think of it? Oh? Kay? 463 00:25:40,480 --> 00:25:42,840 Speaker 1: When I thought it was great? Um, you know I 464 00:25:42,840 --> 00:25:46,639 Speaker 1: I I Uh. That is my alma manarchy as you were. 465 00:25:46,680 --> 00:25:49,440 Speaker 1: It was hosted, and uh, I went to the law 466 00:25:49,480 --> 00:25:52,440 Speaker 1: school there, and I just cannot believe how they transformed, 467 00:25:53,080 --> 00:25:55,640 Speaker 1: uh that that building, and what a great job they did, 468 00:25:56,400 --> 00:25:58,920 Speaker 1: much like the great job that all the candidates did 469 00:25:59,040 --> 00:26:01,520 Speaker 1: join the debate. Was very impressed, and I think we 470 00:26:01,640 --> 00:26:07,479 Speaker 1: have a great group of experienced, diverse people passionate about 471 00:26:07,520 --> 00:26:10,520 Speaker 1: service and working for the people. You know, congress Woman, 472 00:26:10,560 --> 00:26:13,359 Speaker 1: we were talking about this all inside of the spin 473 00:26:13,480 --> 00:26:17,640 Speaker 1: room and even with your colleague, Condresoroman Sheila Jackson Lee, who, 474 00:26:17,680 --> 00:26:21,399 Speaker 1: by the way, gave me an excellent recommendation for some 475 00:26:21,480 --> 00:26:24,080 Speaker 1: Mexican food here in Houston. And before I let you go, 476 00:26:24,119 --> 00:26:26,400 Speaker 1: you gotta tell me where to get the best Mexican 477 00:26:26,400 --> 00:26:29,320 Speaker 1: food here in Houston is because this it's just such 478 00:26:29,320 --> 00:26:32,640 Speaker 1: a food set city and you guys have excellent restaurants. 479 00:26:32,680 --> 00:26:35,800 Speaker 1: But before we talk food, let's talk policy and the 480 00:26:35,880 --> 00:26:39,639 Speaker 1: importance of Texas. Not just whether or not it's the 481 00:26:39,720 --> 00:26:42,439 Speaker 1: term purple or whether it will term purple, but the 482 00:26:42,480 --> 00:26:46,040 Speaker 1: importance that Texas plays in the democratic primary process. Tell 483 00:26:46,080 --> 00:26:50,560 Speaker 1: me how crucial it is Texas. And on Super Tuesday, well, 484 00:26:50,600 --> 00:26:53,199 Speaker 1: I think Texas will be a critical state. And I 485 00:26:53,320 --> 00:26:55,879 Speaker 1: thing that ground zero for Texas is right here in 486 00:26:55,920 --> 00:26:58,960 Speaker 1: Harris County in Houston. Uh. You know that with the 487 00:26:59,119 --> 00:27:03,679 Speaker 1: population were with the demographic growth, in the UM excitement 488 00:27:03,720 --> 00:27:06,520 Speaker 1: that we have UH and all the work quite frankly, 489 00:27:06,600 --> 00:27:11,160 Speaker 1: that we've invested in the last decade in registring voters, 490 00:27:11,240 --> 00:27:15,000 Speaker 1: getting people motivated, getting them engaged. UM, I think you're 491 00:27:15,000 --> 00:27:18,000 Speaker 1: going to see some great numbers that we expect about 492 00:27:18,680 --> 00:27:22,520 Speaker 1: eleven million people to vote. UH, and we've we've been 493 00:27:22,560 --> 00:27:28,000 Speaker 1: successful and increasing uh every time the number of turnout 494 00:27:28,160 --> 00:27:33,280 Speaker 1: between UM the fourteen elections. In the eighteen we increased 495 00:27:33,560 --> 00:27:37,960 Speaker 1: voter turnout by almost eighteen and that's significant, and we 496 00:27:37,960 --> 00:27:41,360 Speaker 1: we hope to to UH to increase that even more. 497 00:27:41,520 --> 00:27:45,119 Speaker 1: For this is such an important point. Joining us on 498 00:27:45,160 --> 00:27:49,080 Speaker 1: the line Congresswoman Sylvia Garcia, she's a Democrat who represents 499 00:27:49,320 --> 00:27:53,960 Speaker 1: UH Texas is twenty nine congressional district. She's also a 500 00:27:54,000 --> 00:27:57,679 Speaker 1: member of the House Financial Services Committee, and she's talking 501 00:27:57,760 --> 00:28:02,159 Speaker 1: just about just how important many these suburban voters are, 502 00:28:02,320 --> 00:28:05,640 Speaker 1: not just in the state of Texas, but also these 503 00:28:05,640 --> 00:28:08,679 Speaker 1: are the independent voters in the general election as well. 504 00:28:09,119 --> 00:28:13,680 Speaker 1: What do you what economic pitch, Congresswoman, Your Democrats need 505 00:28:13,720 --> 00:28:16,199 Speaker 1: to make. Do they need to take a more Biden 506 00:28:16,320 --> 00:28:20,439 Speaker 1: Esque centrist approach or an Elizabeth Warren esque approach in 507 00:28:20,560 --> 00:28:25,120 Speaker 1: terms of messaging to the economy and a general election. Well, 508 00:28:25,119 --> 00:28:27,439 Speaker 1: you know, I described it just a basic bread and 509 00:28:27,480 --> 00:28:31,399 Speaker 1: butter issue approach. People. People worry about their pocket books, 510 00:28:31,400 --> 00:28:34,560 Speaker 1: they worry about their paychecks, and they worry about what 511 00:28:34,720 --> 00:28:37,000 Speaker 1: food they can put on the table. I mean, we 512 00:28:37,080 --> 00:28:39,800 Speaker 1: really have to focus on going back to the basics 513 00:28:40,400 --> 00:28:44,240 Speaker 1: because that's what working working in middle class America care about. 514 00:28:44,760 --> 00:28:46,760 Speaker 1: You know, at the end of the day for them, 515 00:28:46,800 --> 00:28:49,240 Speaker 1: it's about wages. For them, it's about what they can 516 00:28:49,680 --> 00:28:52,720 Speaker 1: do for their families, including you know, a good education 517 00:28:52,800 --> 00:28:56,200 Speaker 1: and having healthcare. So it really is about the bread 518 00:28:56,240 --> 00:28:59,360 Speaker 1: and butter issues, and that's what we need to talk about. Uh. 519 00:28:59,400 --> 00:29:02,440 Speaker 1: You know, that's why we did focus on raising the 520 00:29:02,480 --> 00:29:05,320 Speaker 1: minimum wage. That's why we've already in pass that bill 521 00:29:05,360 --> 00:29:08,120 Speaker 1: out of the House. We've focused on equal pay for 522 00:29:08,200 --> 00:29:11,800 Speaker 1: equal work, especially in today's world. The very idea that 523 00:29:11,800 --> 00:29:14,840 Speaker 1: women may not be earning the same as the man 524 00:29:15,360 --> 00:29:18,840 Speaker 1: working in the same jobs next to them. Uh, it's 525 00:29:18,880 --> 00:29:23,520 Speaker 1: just ludicrous. Uh. So we really we've already passed that bill, 526 00:29:24,000 --> 00:29:26,720 Speaker 1: so we continue to work on making sure that work 527 00:29:26,800 --> 00:29:30,400 Speaker 1: in America, UM, the lower you know, middle class and 528 00:29:30,400 --> 00:29:35,840 Speaker 1: and and the working people UM have have the wages 529 00:29:35,920 --> 00:29:38,960 Speaker 1: that they need to be able to, uh to have 530 00:29:39,000 --> 00:29:41,400 Speaker 1: a good quality of life. And make sure that your 531 00:29:41,440 --> 00:29:43,760 Speaker 1: kids can go to school. Two more questions for your 532 00:29:43,760 --> 00:29:47,960 Speaker 1: Congresswoman Sylvia Garcia's on the line. She's a Democrat from Texas. Uh, 533 00:29:48,040 --> 00:29:50,080 Speaker 1: and she's been so generous with their time or appreciative 534 00:29:50,120 --> 00:29:54,320 Speaker 1: of it. Congresswoman medicare for all, for it, against it, 535 00:29:54,360 --> 00:29:56,600 Speaker 1: should it should? Should? There be a public private option. 536 00:29:57,280 --> 00:29:59,280 Speaker 1: Where do you stand on Medicare for all? Is it's smart? 537 00:29:59,360 --> 00:30:04,080 Speaker 1: For Should the Democratic Party stand on Medicare for all? Well, 538 00:30:04,120 --> 00:30:06,440 Speaker 1: you know, I believe strongly that the first thing we 539 00:30:06,480 --> 00:30:08,480 Speaker 1: have to do, and of course we've already done it 540 00:30:08,520 --> 00:30:11,480 Speaker 1: and passed the bill to to protect Affordable Care Act. 541 00:30:11,480 --> 00:30:14,959 Speaker 1: I mean, the Affordable Care Act has been a lifesaver 542 00:30:15,880 --> 00:30:20,280 Speaker 1: for my district, for over a million people here in Texas. Uh. 543 00:30:20,320 --> 00:30:23,120 Speaker 1: Any any cuts or any changes to the Affordable Care 544 00:30:23,440 --> 00:30:27,200 Speaker 1: Care Act will hurt a lot of people, and particularly 545 00:30:27,360 --> 00:30:32,160 Speaker 1: working mothers, particularly children, and other vulnerable populations. So I 546 00:30:32,400 --> 00:30:35,880 Speaker 1: always start with protecting the Affordable Care Act and moving 547 00:30:35,960 --> 00:30:39,320 Speaker 1: from there. Uh. You know, I'm an old social worker 548 00:30:39,400 --> 00:30:42,480 Speaker 1: by by by trade before I became a lawyer. You know, 549 00:30:42,560 --> 00:30:45,880 Speaker 1: there's nothing more important, uh than the health care of 550 00:30:45,920 --> 00:30:48,840 Speaker 1: our workers and our children, and our and our and 551 00:30:48,880 --> 00:30:52,280 Speaker 1: our seniors. Uh. So I think it's important that that 552 00:30:52,320 --> 00:30:56,040 Speaker 1: we we we not make any cuts to Medicare or 553 00:30:56,120 --> 00:30:59,360 Speaker 1: Medicaid or CHIP program, but that we do look at 554 00:30:59,400 --> 00:31:04,400 Speaker 1: Medicare and making a build to everyone. I'm not signed up, 555 00:31:05,160 --> 00:31:08,520 Speaker 1: you know, just to be perfectly candid on any of 556 00:31:08,560 --> 00:31:11,800 Speaker 1: the proposals, because I want to see what the final 557 00:31:11,800 --> 00:31:16,160 Speaker 1: product looks like. I'm not too keen. A lot of voters, 558 00:31:16,160 --> 00:31:17,480 Speaker 1: you know, and I said this in the spin room. 559 00:31:17,480 --> 00:31:19,200 Speaker 1: Congress of it, I don't blame you. A lot of 560 00:31:19,280 --> 00:31:21,960 Speaker 1: voters are still making up their mind and they're they're 561 00:31:21,960 --> 00:31:24,520 Speaker 1: sorting through it. It's so early in the process. You've 562 00:31:24,520 --> 00:31:27,960 Speaker 1: got everybody running for president, plus Marian Williamson, and people 563 00:31:27,960 --> 00:31:30,840 Speaker 1: are people are figuring it out. Last question before I 564 00:31:30,920 --> 00:31:33,880 Speaker 1: let you go in again, A very complicated issue. And look, 565 00:31:33,920 --> 00:31:36,360 Speaker 1: before you put your your sponsor, your name on it. 566 00:31:36,640 --> 00:31:38,440 Speaker 1: I don't know what for me, for everyone else, but 567 00:31:38,520 --> 00:31:40,000 Speaker 1: for me, I want to I want to tell what 568 00:31:40,160 --> 00:31:42,200 Speaker 1: the final Roxton looks like. I want to see what 569 00:31:42,200 --> 00:31:46,040 Speaker 1: all the look like. So it's too early, but I'm 570 00:31:46,040 --> 00:31:48,600 Speaker 1: certainly open to it. All right. Last question, where should 571 00:31:48,640 --> 00:31:50,640 Speaker 1: I get some tacos after the show tonight? Where's the 572 00:31:50,680 --> 00:31:55,959 Speaker 1: best place in Houston to get some tacos so tonight? Well, uh, regrettably, 573 00:31:56,000 --> 00:31:59,040 Speaker 1: it's tonight, which means my favorite place. And you know 574 00:31:59,120 --> 00:32:01,120 Speaker 1: I always come back home and that's one of the 575 00:32:01,160 --> 00:32:04,640 Speaker 1: first stops that make is a good binge of of tacolas. 576 00:32:04,720 --> 00:32:08,280 Speaker 1: But for me, it's Tex makes crispy beef tacos and 577 00:32:08,320 --> 00:32:12,760 Speaker 1: those you can find it Donis Restaurant Navigation. Alright, five 578 00:32:12,760 --> 00:32:20,840 Speaker 1: minutes from downtown to Houston. They do not serve dinner. Woman, 579 00:32:20,880 --> 00:32:25,560 Speaker 1: you're breaking my heart, all right, corgress, all right, well, 580 00:32:25,560 --> 00:32:28,240 Speaker 1: thank you all to come back to Houston for lunch. 581 00:32:28,640 --> 00:32:31,560 Speaker 1: To come back to Houston for lunch coming up much 582 00:32:31,560 --> 00:32:36,160 Speaker 1: more politics and policy. Thank you to Congresswoman Sylvia Garcia 583 00:32:36,160 --> 00:32:40,240 Speaker 1: of the Democrat from Texas. I'm Kevin Surreally, chief Washington 584 00:32:40,280 --> 00:32:43,240 Speaker 1: correspondent from Bloomberg Television in Bloomberg Radio, and you're listening 585 00:32:43,240 --> 00:32:51,000 Speaker 1: to Bloomberg. You're listening to Bloomberg Sound On with Kevin 586 00:32:51,000 --> 00:32:54,920 Speaker 1: Curreley on Bloomberg and one All five point seven f 587 00:32:55,080 --> 00:32:58,920 Speaker 1: M h D two. I'm Kevin CERELLI, chief Washington correspondent 588 00:32:58,920 --> 00:33:01,200 Speaker 1: from Bloomberg Television to Boomberg Radio, and I want to 589 00:33:01,240 --> 00:33:03,560 Speaker 1: thank our colleagues in New York and Washington, d C. 590 00:33:04,000 --> 00:33:06,720 Speaker 1: For all of their help as we covered the third 591 00:33:06,760 --> 00:33:09,360 Speaker 1: Democratic presidential debate here in Houston. I also want to 592 00:33:09,360 --> 00:33:12,440 Speaker 1: give a shout out to Houston kPr C, A M 593 00:33:12,720 --> 00:33:16,000 Speaker 1: and I Heart Radio for being such generous posts for 594 00:33:16,120 --> 00:33:19,040 Speaker 1: us for tonight this evening before we head back to 595 00:33:19,800 --> 00:33:21,920 Speaker 1: the airport to fly back to Washington, d C. We've 596 00:33:21,960 --> 00:33:23,960 Speaker 1: got so little time left, but I do want to 597 00:33:23,960 --> 00:33:26,520 Speaker 1: get to what's on our panels radar. I'll start with 598 00:33:26,560 --> 00:33:30,440 Speaker 1: Adam Green, the Progressive a war in world insiders, so 599 00:33:30,520 --> 00:33:31,960 Speaker 1: to speak, as well as the co founder of the 600 00:33:32,000 --> 00:33:37,120 Speaker 1: Progressive Change Campaign Committee. Very quickly, Adam, what's on your radar? 601 00:33:37,720 --> 00:33:41,040 Speaker 1: Uh this weekend and in the future, uh, maybe even 602 00:33:41,040 --> 00:33:43,960 Speaker 1: heading into the third debate next month in Ohio. Sorry, 603 00:33:44,000 --> 00:33:45,880 Speaker 1: just to pick up with your last point about taxes, 604 00:33:46,240 --> 00:33:48,760 Speaker 1: you know, I think any time for taxes, we gotta 605 00:33:48,800 --> 00:33:51,480 Speaker 1: move on to what's on your radar? And anything anything 606 00:33:51,520 --> 00:33:53,720 Speaker 1: having to do with the question of who side is 607 00:33:53,760 --> 00:33:56,760 Speaker 1: the government on really speaks to Elizabeth Warren's strong point. 608 00:33:56,840 --> 00:33:59,200 Speaker 1: And and that's when I'm paying attention to national dialect 609 00:33:59,240 --> 00:34:01,320 Speaker 1: right now? All right, all right, next debate is the 610 00:34:01,320 --> 00:34:03,960 Speaker 1: fourth Democratic presidential debate. I apologize, I said it was 611 00:34:04,000 --> 00:34:07,160 Speaker 1: the third. I haven't slept in a year. Um. Ryan C. 612 00:34:07,320 --> 00:34:10,319 Speaker 1: Beckwith what is on your political radar? Bloomberg News National 613 00:34:10,320 --> 00:34:14,240 Speaker 1: Politics Quarter. I think this sort of unfolding story about 614 00:34:14,320 --> 00:34:18,760 Speaker 1: air force stays at Trump's um resort in Scotland. This 615 00:34:18,760 --> 00:34:20,840 Speaker 1: this just feels like the kind of thing that people 616 00:34:20,880 --> 00:34:26,040 Speaker 1: can understand. Um and involves the military, it involves his hotels. Um. 617 00:34:26,160 --> 00:34:28,400 Speaker 1: I'm sure that there is more to come on it. 618 00:34:28,920 --> 00:34:32,200 Speaker 1: And uh, I think this has um one of those 619 00:34:32,600 --> 00:34:35,360 Speaker 1: stories that potentially has legs. You know what I'm following, 620 00:34:35,480 --> 00:34:38,960 Speaker 1: following and paying attention to is is this breggsit situation. 621 00:34:39,040 --> 00:34:41,040 Speaker 1: I mean, I've been following this on the terminal here 622 00:34:41,080 --> 00:34:44,600 Speaker 1: from Houston, and there's so much with regards to what's 623 00:34:44,600 --> 00:34:46,920 Speaker 1: going on with Bregsit. Boris Johnson's going to travel to 624 00:34:47,040 --> 00:34:50,600 Speaker 1: Luxembourg for his first face to face talks with European 625 00:34:50,640 --> 00:34:55,200 Speaker 1: Commission President Jean Claude hur on Bregsit and that's happening 626 00:34:55,600 --> 00:34:59,080 Speaker 1: on Monday. Uh So we're gonna keep a careful tab 627 00:34:59,160 --> 00:35:00,960 Speaker 1: on that. I want to thank Adam Green. I want 628 00:35:00,960 --> 00:35:02,919 Speaker 1: to thank Ryan T. Beckwit who held down the Ford 629 00:35:02,960 --> 00:35:06,560 Speaker 1: for me in Washington, d C. As I'm still here 630 00:35:06,600 --> 00:35:09,600 Speaker 1: in Houston, you guys, but I'm coming back to Washington. 631 00:35:09,840 --> 00:35:12,600 Speaker 1: I'm flying in tonight. So stick around for much more 632 00:35:12,680 --> 00:35:15,800 Speaker 1: coverage on Bloomberg Radio. Download the Bloomberg sound On podcast 633 00:35:15,840 --> 00:35:18,160 Speaker 1: on Apple iTunes and Bloomberg dot com or by downloading 634 00:35:18,280 --> 00:35:20,440 Speaker 1: the Bloomberg Business app. You can also find us on 635 00:35:20,480 --> 00:35:23,719 Speaker 1: I Heart Radio radio dot com and Spotify. I'm Kevin 636 00:35:23,719 --> 00:35:25,880 Speaker 1: Surreally and you're listening to Bloomberg