1 00:00:02,440 --> 00:00:10,240 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. I'm Stephen Carol and 2 00:00:10,360 --> 00:00:12,880 Speaker 1: this is Here's Why, where we take one news story 3 00:00:12,920 --> 00:00:14,880 Speaker 1: and explain it in just a few minutes with our 4 00:00:14,920 --> 00:00:21,079 Speaker 1: experts here at Bloomberg. Now. It's a pretty bland name 5 00:00:21,120 --> 00:00:24,560 Speaker 1: for something aspiring to be the most important political blueprint 6 00:00:24,720 --> 00:00:29,040 Speaker 1: in America. Project twenty twenty five is getting plenty of attention. 7 00:00:30,120 --> 00:00:34,920 Speaker 2: Their campaign is Project twenty twenty five. It is taking 8 00:00:34,960 --> 00:00:37,919 Speaker 2: away reproductive freedom across this country. 9 00:00:38,200 --> 00:00:43,520 Speaker 3: Donald Trump is also trying to distract people. He wants 10 00:00:43,600 --> 00:00:48,960 Speaker 3: to direct attention away from his record and his Project 11 00:00:49,080 --> 00:00:50,640 Speaker 3: twenty twenty five plan. 12 00:00:51,600 --> 00:00:55,120 Speaker 1: The plan's stated goal is to rescue the US from 13 00:00:55,160 --> 00:00:58,600 Speaker 1: the quote grip of the radical left. It's architects want 14 00:00:58,600 --> 00:01:01,040 Speaker 1: it to be the policy framework for Donald Trump if 15 00:01:01,080 --> 00:01:04,200 Speaker 1: he wins re election in November. The Republican nominee has 16 00:01:04,240 --> 00:01:06,959 Speaker 1: tried to distance himself from it, though, but the Democrats 17 00:01:07,000 --> 00:01:09,600 Speaker 1: want Trump to be linked to its more radical ideas. 18 00:01:10,160 --> 00:01:12,560 Speaker 1: In a sign of how politically sensitive it's become. The 19 00:01:12,560 --> 00:01:14,959 Speaker 1: man who directed it, Paul Dan's a step down after 20 00:01:15,000 --> 00:01:19,199 Speaker 1: criticism from Trump. So here's why Project twenty twenty five 21 00:01:19,480 --> 00:01:24,360 Speaker 1: has America's attention. Our senior editor at Wendy Benjaminson joins 22 00:01:24,440 --> 00:01:27,360 Speaker 1: us from Washington for more high Wendy sou First of all, 23 00:01:27,560 --> 00:01:30,080 Speaker 1: who is behind Project twenty twenty five. 24 00:01:30,680 --> 00:01:34,880 Speaker 2: Well, this was led by the Heritage Foundation, which is 25 00:01:34,920 --> 00:01:40,920 Speaker 2: a longstanding conservative think tank in Washington. But it rose 26 00:01:40,959 --> 00:01:44,120 Speaker 2: to power really during the Reagan administration of one of 27 00:01:44,160 --> 00:01:47,280 Speaker 2: those very sort of old school conservative things, and it 28 00:01:47,360 --> 00:01:50,800 Speaker 2: has evolved, along with the Republican Party into sort of 29 00:01:50,800 --> 00:01:55,360 Speaker 2: a mago organization. But they were joined by one hundred 30 00:01:55,440 --> 00:01:59,600 Speaker 2: conservative groups around the country that wanted to sort of 31 00:02:00,240 --> 00:02:05,520 Speaker 2: Donald Trump a to do list for his presidency. And 32 00:02:05,680 --> 00:02:10,120 Speaker 2: the policy ranged all over the place, from really really 33 00:02:10,160 --> 00:02:13,280 Speaker 2: extreme to things that Donald Trump has said that have 34 00:02:13,440 --> 00:02:15,919 Speaker 2: long been conservative doctrine. 35 00:02:16,160 --> 00:02:18,200 Speaker 1: So what's going to happen to it now that Paul 36 00:02:18,240 --> 00:02:19,560 Speaker 1: Don's has gone. 37 00:02:19,639 --> 00:02:23,040 Speaker 2: Well, I'm not really sure because one of the funny 38 00:02:23,080 --> 00:02:27,040 Speaker 2: things about this is that even though Trump has said 39 00:02:27,120 --> 00:02:29,920 Speaker 2: some of the policies are ridiculous and all of that, 40 00:02:30,080 --> 00:02:31,880 Speaker 2: the trouble is a lot of them are the things 41 00:02:31,880 --> 00:02:34,720 Speaker 2: he says every time he gets in front of a microphone. 42 00:02:35,000 --> 00:02:38,640 Speaker 2: You know, to have mass deportations of illegal immigrants, to 43 00:02:38,720 --> 00:02:41,920 Speaker 2: get rid of federal agencies that he doesn't like to 44 00:02:42,160 --> 00:02:46,560 Speaker 2: politicize the federal bureaucracy. One of the major points that 45 00:02:46,720 --> 00:02:50,359 Speaker 2: he disagrees with him on is abortion. Donald Trump has 46 00:02:50,400 --> 00:02:54,560 Speaker 2: never been a really strong anti abortion person. He's a 47 00:02:54,639 --> 00:02:58,680 Speaker 2: New Yorker or all that, but he has adopted a 48 00:02:59,120 --> 00:03:03,360 Speaker 2: more liberal, if you will, stands on abortion because he 49 00:03:03,400 --> 00:03:06,760 Speaker 2: wants to win the election. And America is two thirds 50 00:03:06,800 --> 00:03:09,680 Speaker 2: to three quarters in favor of some abortion rights and 51 00:03:09,760 --> 00:03:13,880 Speaker 2: this one calls for absolutely no abortions and mandated by Congress. 52 00:03:14,600 --> 00:03:16,639 Speaker 1: So it's not the sort of dilemma that he's facing 53 00:03:16,680 --> 00:03:20,080 Speaker 1: that even though this project very neatly puts together, as 54 00:03:20,120 --> 00:03:22,520 Speaker 1: you say, lots of things that he said before, there 55 00:03:22,560 --> 00:03:25,080 Speaker 1: are things that he doesn't like. Or is it about 56 00:03:25,400 --> 00:03:28,560 Speaker 1: him not accepting the premise that this is a blueprint 57 00:03:28,560 --> 00:03:30,160 Speaker 1: that's being onto him or to do list. 58 00:03:31,200 --> 00:03:33,920 Speaker 2: Honestly, I think what's happening is he's running from it 59 00:03:34,000 --> 00:03:37,800 Speaker 2: because the Democrats are quite effectively wrapping it around his neck. 60 00:03:37,920 --> 00:03:38,080 Speaker 1: Right. 61 00:03:38,120 --> 00:03:40,440 Speaker 2: They're saying, this is what Donald Trump is going to 62 00:03:40,440 --> 00:03:42,920 Speaker 2: bring to the country. Look here and you'll see the 63 00:03:42,920 --> 00:03:45,720 Speaker 2: Trump administration, you know, laid out in front of you 64 00:03:45,920 --> 00:03:48,360 Speaker 2: for twenty twenty four to twenty twenty eight. You know, 65 00:03:48,480 --> 00:03:52,800 Speaker 2: some of them are very extreme. One of them would 66 00:03:52,920 --> 00:03:56,760 Speaker 2: limit the powers of the federal agency called OSHA, Occupational 67 00:03:56,800 --> 00:04:01,160 Speaker 2: Safety and Health Administration that keeps workers safe on their jobs. 68 00:04:01,360 --> 00:04:03,920 Speaker 2: It would not only limit their power, but allow miners 69 00:04:03,920 --> 00:04:08,240 Speaker 2: to do inherently dangerous work, allow child dangerous labor in 70 00:04:08,280 --> 00:04:11,320 Speaker 2: this country. Again, so there are parts of it that 71 00:04:11,400 --> 00:04:14,320 Speaker 2: he's saying, come on this, I'm not going to do that, 72 00:04:14,800 --> 00:04:17,160 Speaker 2: but he actually hasn't specified what he will and will 73 00:04:17,200 --> 00:04:20,479 Speaker 2: not do. It's just that the Democrats have so perfectly 74 00:04:20,480 --> 00:04:23,159 Speaker 2: wrapped this around his neck and said this is what 75 00:04:23,279 --> 00:04:24,000 Speaker 2: you're going to get. 76 00:04:24,160 --> 00:04:27,200 Speaker 1: So this is in a lot of ways a very 77 00:04:27,320 --> 00:04:31,000 Speaker 1: useful political tool for the Democrats. As you've outlined. Surely 78 00:04:31,120 --> 00:04:34,120 Speaker 1: they don't want to see Project twenty twenty five jettisoned 79 00:04:34,160 --> 00:04:34,800 Speaker 1: for now. 80 00:04:34,960 --> 00:04:37,400 Speaker 2: And they're not going to let it happen. They are 81 00:04:37,520 --> 00:04:42,240 Speaker 2: going to continue to open this big gift box that 82 00:04:42,320 --> 00:04:47,480 Speaker 2: the Heritage Foundation gave them, and every day, every rally, 83 00:04:47,640 --> 00:04:51,440 Speaker 2: every AD is going to mention Project twenty twenty five 84 00:04:51,880 --> 00:04:54,760 Speaker 2: and all of the really startling policies in it, which 85 00:04:54,800 --> 00:05:01,800 Speaker 2: include the US military conducting mass deportations of proposedly illegal immigrants. 86 00:05:01,880 --> 00:05:04,279 Speaker 2: Who knows how many people could get wrapped up in 87 00:05:04,360 --> 00:05:08,040 Speaker 2: mass deportations. It gets rid of the Department of Education. 88 00:05:08,600 --> 00:05:12,040 Speaker 2: The most scary thing in it is that it politicizes 89 00:05:12,080 --> 00:05:18,000 Speaker 2: the federal bureaucracy, so that even administrative assistance in the 90 00:05:18,040 --> 00:05:22,280 Speaker 2: Department of Energy or a biologist at the Environmental Protection 91 00:05:22,360 --> 00:05:26,440 Speaker 2: Agency would have to be loyal to Donald Trump, not 92 00:05:26,760 --> 00:05:31,120 Speaker 2: to the people of the United States. Those federal agencies 93 00:05:31,120 --> 00:05:34,320 Speaker 2: are supposed to be staffed below the top levels with 94 00:05:34,640 --> 00:05:39,360 Speaker 2: people who are working through across administrations, and the politicization 95 00:05:39,520 --> 00:05:42,640 Speaker 2: of the federal bureaucracy would be quite a sea change 96 00:05:42,640 --> 00:05:43,600 Speaker 2: for the United States. 97 00:05:44,480 --> 00:05:47,520 Speaker 1: Maybe another way that the Heritage Foundation and some of 98 00:05:47,520 --> 00:05:50,760 Speaker 1: those behind Project twenty twenty five might hope to have 99 00:05:50,880 --> 00:05:54,279 Speaker 1: influence is in personnel terms, to try and get people 100 00:05:54,520 --> 00:05:57,520 Speaker 1: into the key jobs if Donald Trump were to win 101 00:05:57,560 --> 00:06:01,000 Speaker 1: the election. Is that perhaps how this agenda stays relevant. 102 00:06:01,600 --> 00:06:05,359 Speaker 2: Absolutely, that is how it would stay relevant. The people 103 00:06:05,520 --> 00:06:10,280 Speaker 2: who wrote Project twenty twenty five Paul Dan's it's Ben Carson, 104 00:06:10,320 --> 00:06:13,960 Speaker 2: the former Housing secretary, and other people who were extremely 105 00:06:14,000 --> 00:06:17,440 Speaker 2: close to Trump in his first administration who wrote this. 106 00:06:17,800 --> 00:06:22,080 Speaker 2: So presumably Trump will appoint some people who were involved 107 00:06:22,080 --> 00:06:25,080 Speaker 2: in Project twenty twenty five, or simply agree with some 108 00:06:25,160 --> 00:06:28,120 Speaker 2: of the policies in Project twenty twenty five, and so 109 00:06:28,320 --> 00:06:33,800 Speaker 2: it can find its way into Americans' lives of if 110 00:06:33,839 --> 00:06:36,960 Speaker 2: Donald Trump is elected, no matter whether he says he 111 00:06:37,120 --> 00:06:37,680 Speaker 2: likes it or not. 112 00:06:38,000 --> 00:06:39,520 Speaker 1: Okay, and that's one of the reasons that we might 113 00:06:39,560 --> 00:06:42,120 Speaker 1: hear so much more about it over the next few months. 114 00:06:42,160 --> 00:06:45,159 Speaker 1: Wendy Benjaminson in Washington, Thank you so much for joining 115 00:06:45,240 --> 00:06:47,920 Speaker 1: us for more explanations like this one from our team 116 00:06:47,920 --> 00:06:50,479 Speaker 1: of twenty seven hundred journalists and analysts around the world. 117 00:06:50,560 --> 00:06:53,320 Speaker 1: Search for quick take on the Bloomberg website or Bloomberg 118 00:06:53,400 --> 00:06:57,400 Speaker 1: Business app. I'm Stephen Caroll. This is here's why. I'll 119 00:06:57,400 --> 00:06:59,640 Speaker 1: be back next week with more. Thanks for listening. 120 00:07:00,080 --> 00:07:03,160 Speaker 2: They don't do the thing