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Speaker 1: Why from our nations this budget thing is going to

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Speaker 1: do nothing space forts. I still think it's interesting President

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Speaker 1: Trump not playing his cards yet headlines Policy and Politics

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Speaker 1: colliding to sound on with Kevin's really the insiders, the

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Speaker 1: influencers insides, I would rather see a congressional solution. It's

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Speaker 1: part of my DNA. The Senate map in looks a

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Speaker 1: lot different than it looked in You really have a

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Speaker 1: divide within Team Trump. The President has to do exactly

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Speaker 1: what people send in here to do, which is to

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Speaker 1: get it done. He's sound on with Kevin's your relate

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Speaker 1: on Bloomberg and f M h D two Boltemore. They've

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Speaker 1: got to get a deal on the debt ceiling and

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Speaker 1: President Trump is being non committal. Tonight, just as the

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Speaker 1: clock ticks down to August recess, Secretary Manution and Nancy Pelosi,

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Speaker 1: Speaker of the House, they say reportedly they've got a

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Speaker 1: deal on the debt ceiling. Will break down all of

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Speaker 1: the policy specifics, plus still more fallout between President Trump

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Speaker 1: and the squad will dive into whether or not there

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Speaker 1: are any policy implications on that front. And at the

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Speaker 1: White House earlier today, Pakistani Prime Minister Khan meeting with

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Speaker 1: President Trump to discuss a host of different geo political

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Speaker 1: tensions in the Middle East. Are the Pakistani's going to

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Speaker 1: be more supportive of the United States? And how will

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Speaker 1: President Trump respond to that? All of that plus Huawei developments,

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Speaker 1: will US businesses get to do business with? Wild Way,

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Speaker 1: We have an all star panel here to break down

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Speaker 1: the policy, the politics, and the personalities. Sapor Bloomberg News

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Speaker 1: national political correspondent. Lawn zelt Republican strategist, founder of Zeltz Communications,

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Speaker 1: co founder I Believe, co founder of Zeltz Communications, Nina

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Speaker 1: Turner is going to call in. She's the national co

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Speaker 1: chair of the Bernie Sanders presidential campaign. And Daniel Lippman.

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Speaker 1: Daniel Littman is back in the house fresh off of

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Speaker 1: his job promotion Politico. He is now a White House

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Speaker 1: reporter for Politico. Alright, busy day at the White House

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Speaker 1: today as President Trump met with Pakistani Prime Minister Khan.

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Speaker 1: Will get into the geo political fallout for all of

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Speaker 1: the that, but it was also a busy day with

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Speaker 1: regards to the debt ceiling. And that's where I want

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Speaker 1: to begin. Why because we're just ahead of the August

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Speaker 1: recess and Speaker Nancy Pelosi, as well as Treasury Secretary

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Speaker 1: Stephen Venusian have been back and forth, back and forth,

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Speaker 1: all on the phones for the past a week or

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Speaker 1: so trying to get a deal on the debt ceiling.

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Speaker 1: Now there's a story out on the Bloomberg Terminal which

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Speaker 1: suggests that President or that which suggests that Secretary Venution

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Speaker 1: and Speaker Pelosi have agreed to some type of two

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Speaker 1: year extension with regards to the debt ceiling. But the

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Speaker 1: big question mark is whether or not President Trump is

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Speaker 1: going to sign off on it. Daniel Litman is a

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Speaker 1: White House reporter for Politico. Lawren Zelt is a Republican

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Speaker 1: strategist and co founder of Zelt Communications, and saw Hill

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Speaker 1: Kapoor is Bloomberg News national political correspondent. Saw Hill first question,

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Speaker 1: will President Trump signed off on the deal that his

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Speaker 1: Treasury secretary has reportedly made with Speaker Pelosi? I think, Kevin,

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Speaker 1: this is the question that markets are itching to know.

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Speaker 1: Nobody quite knows what the president will do. He moves

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Speaker 1: back and forth, sometimes from a stated position, much like

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Speaker 1: the last budget deal, where he swerved at the last

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Speaker 1: second ended up shutting down the government and UH created

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Speaker 1: a lot of consternation for his allies as well as markets.

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Speaker 1: Now the President has made very clear he wants the

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Speaker 1: debt limit raised. This is not uh, this is not

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Speaker 1: a game of chicken that he wants to play or

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Speaker 1: that anybody really wants to play, because the consequences are

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Speaker 1: so catastrophic. The question is does he want a debt

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Speaker 1: limit increase? Absolutely yes. Is he gonna be comfortable with

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Speaker 1: these spending levels? Probably not? But how far does he

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Speaker 1: want to push this doubt to the brain? But see, Lauren,

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Speaker 1: I I respectfully like I get what saw Hill saying.

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Speaker 1: But then there's like another side of me that that

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Speaker 1: is like, given the backdrop of the squaw Odd versus

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Speaker 1: President Trump, given the backdrop of the immigration issue, when

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Speaker 1: Steven Miller's out on Fox with Chris with Chris Wallace

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Speaker 1: over the weekend, I don't know. This president doesn't seem

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Speaker 1: like someone to shy away from a fight. And the

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Speaker 1: debt ceiling and defaulting on on the nation's on the

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Speaker 1: nation's credit rating. I mean it would he would be

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Speaker 1: able to hammer hammer Democrats and say, well, they're not

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Speaker 1: taking care of veterans. I think that's right, But I

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Speaker 1: think that also at this point, the president is given

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Speaker 1: all of this fighting that we're seeing at the moment,

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Speaker 1: I think he is hungry for a political win, and

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Speaker 1: I think basically everybody agrees that, you know, if an

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Speaker 1: agreement is not reached UM that is that the consequences

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Speaker 1: could be disastrous. I mean, you know, look from a

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Speaker 1: conservative perspective, though, I have to say, you're going to

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Speaker 1: see more conservative members of Congress um there. They've already

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Speaker 1: come out and said that they're unhappy, um with what

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Speaker 1: they've heard about the potential agreement reached between Secretary Unition.

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Speaker 1: They're not just unhappy, they're livid. Yeah, they're livid. The

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Speaker 1: Freedom cauc Is can stand this. They only got half

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Speaker 1: I'm serious, according to this story on the Bloomberg terminal

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Speaker 1: by Eric Wasson and Salamos, and they're saying that Republicans

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Speaker 1: are only going to get are you ready for this?

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Speaker 1: Just about half half of the savings that they sought

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Speaker 1: from I put the same question, and I apologize for interrupting,

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Speaker 1: but I put this question to Special Counsel to the

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Speaker 1: President Kelly and Conway earlier today on the Pebble Beach.

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Speaker 1: It's called you know, like that next strip of that

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Speaker 1: goes into the White House. I said, is this something

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Speaker 1: that the president can sign off on? Take a listen

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Speaker 1: to what she told me. I'm aware of it, and

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Speaker 1: I cannot comment on it. We'll see what the President

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Speaker 1: has to say. But I think he's made his spending

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Speaker 1: priorities are very obvious. He will always support more money

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Speaker 1: for the military, and the last two measures the President

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Speaker 1: signed into law did exactly that. She doesn't sounds like

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Speaker 1: she doesn't sound like she's got the pen out for

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Speaker 1: Trump to sign. Well, she doesn't. But the reality of

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Speaker 1: the situation is, Look, we have to go back to

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Speaker 1: the fact that don Trump is not really a conservative.

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Speaker 1: He was a Democrat for many years, and in this instance,

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Speaker 1: he's hungry for a deal UM. And I think that, yes,

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Speaker 1: the Freedom Caucus is going to continue to bark as

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Speaker 1: well most conservatives. I'd actually be curious to see what

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Speaker 1: the reaction to this is from the Heritage Foundation, because

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Speaker 1: they have been cheering on a lot of the President's policies.

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Speaker 1: But you know, on matters of fiscal conservatism, I mean,

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Speaker 1: this deal that you know apparently has been reached UM

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Speaker 1: is not considered to be fiscally conservative and slightest but

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Speaker 1: I ultimately think that the President will sign it, he

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Speaker 1: will tout it as a win, and he will likely

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Speaker 1: continue these other political fights, um simultaneously, let me get nerdy. Here,

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Speaker 1: deal or no deal. I think there's gonna be a

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Speaker 1: deal because Trump doesn't want to default on our debt.

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Speaker 1: He would view that as negative for his reelection chances. Uh.

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Speaker 1: And he doesn't care that much about fiscal responsibility. That

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Speaker 1: tax cut that they signed, uh, you know a year

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Speaker 1: or two ago, that was not good for our deficit

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Speaker 1: in our debt. Uh. And this is a guy who

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Speaker 1: a liberal Democrat, you know, twenty years ago, and only

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Speaker 1: switched to being a Republican when Barack Obama entered the scene.

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Speaker 1: And so he's not a core conservative and carrying too

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Speaker 1: much about fiscal responsibility. And the government has never had

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Speaker 1: more read ink than it as today. Yeah, so there's

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Speaker 1: a lot of market jitters in terms of watching this.

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Speaker 1: As Sahoka Poor Bloomberg News National political reporter pointed out,

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Speaker 1: I'm just going through some of these numbers. It would

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Speaker 1: be a seventeen billion dollar increase for defense, seventeen billion

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Speaker 1: dollar increase for domestic programs in twenty nineteen levels that

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Speaker 1: gives Democrats the parody. They sought for increases in both

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Speaker 1: categories of spending Sentiminarity Leader Chuck Schumer, Well, he had

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Speaker 1: this to say about it. Take a listen. We're willing

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Speaker 1: to go a good ways. But the bottom line is

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Speaker 1: the administration has to compromise as well. It seems when

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Speaker 1: Mr Mulvaney gets involved, they asked for things that are outlandish.

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Speaker 1: Well that was I mean, he's he's referencing there a

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Speaker 1: point that Lauren Zelt, co founder of Zelt Communications of

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Speaker 1: Republican Strategists, just made, which is essentially Mike mamulvady was

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Speaker 1: in the Freedom Caucus. He was one of the founders

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Speaker 1: of the Freedom Caucus. Uh and but when he was

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Speaker 1: a congressman before he has become the President's chief of staff.

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Speaker 1: Coming up, we're gonna talk more politics, more policy. Panel stays.

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Speaker 1: You can download the Sound On podcast by downloading Apple iTunes.

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Speaker 1: You can also find us on Radio dot Com, I

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Speaker 1: Heart Radio, and Spotify, or by downloading the Bloomberg Business app.

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Speaker 1: I'm Kevin CURRELLI you're listening to Bloomberg. This is Sound

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Speaker 1: On with Kevin Serrelate on Bloomberg one and one oh

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Speaker 1: five point seven F M H D two Boltimore. I'm

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Speaker 1: not gonna be watching Mueller. Uh, because you can't take

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Speaker 1: all those bites out of the apple. We had no collusion,

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Speaker 1: no obstruction. Well, I guess I guess that again continues

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Speaker 1: to talk President Trump. I guess for what it's worth,

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Speaker 1: he's not going to be watching Special Counsel Bob Muller,

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Speaker 1: who was scheduled to appear before two House Committee or

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Speaker 1: before the House Judiciary Committee and then the House Intelligence

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Speaker 1: Committee later this week. We'll be watching Mr President. We'll

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Speaker 1: be covering it live from Capitol Hill. I'm Kevin Cirelli,

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Speaker 1: Chief Washington correspondent for Bloomberg Television and Bloomberg Radio. I'm

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Speaker 1: joined by Sahil Kapoor, Bloomberg News national political correspondent, Lauren Zelt,

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Speaker 1: Republican strategist, founder of Zelt Communications, and Dan Littman. Dan Littman,

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Speaker 1: who was just promoted to White House reporter at Politico.

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Speaker 1: Congrats on that, Mr Littman. Thank you, Kevin. All Right,

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Speaker 1: So there's a lot of a lot of developments on

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Speaker 1: the trade front this week, Lauren. Uh, today in particular,

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Speaker 1: So we we started the day when I was at

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Speaker 1: the White House when we got word that they were

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Speaker 1: going to be representatives from tech companies, including Qualcom at

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Speaker 1: the White House meeting with top administration officials about what

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Speaker 1: you guessed it. Huawei. Huawei, as we all know, is

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Speaker 1: a China telecommunications giants that many in the intelligence community

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Speaker 1: have raised national security concerns, as have Democrats and Republicans

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Speaker 1: up on Capitol Hill. The President has said, and trying

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Speaker 1: to get a deal with the Chinese, that he would

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Speaker 1: be willing to allow US businesses to do business with

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Speaker 1: Huahwei provided provided the Chinese make additional agricultural purchases, i e.

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Speaker 1: Help out the farmers. Is this smart policy? You know?

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Speaker 1: From my perspective, I've been focused on the reports today

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Speaker 1: that Huahwei is involved in building telecommunications in North Korea.

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Speaker 1: I think given the President's tough stance on North Korea,

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Speaker 1: UM you know, I think you've seen a lot of

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Speaker 1: criticism of him, you know, perhaps being too close, um

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Speaker 1: you know, with that administration. But I do think he's

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Speaker 1: trying to take a hard line on North Korea. So

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Speaker 1: I think that the news out of the White House today, UM,

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Speaker 1: regarding any potential deals that would enable US businesses to

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Speaker 1: do business with Huahwei. It makes me nervous that they

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Speaker 1: are engaging with North Korea. And and this is something

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Speaker 1: that we've been that has been undern investigation since at

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Speaker 1: least twenty six teen. Sahapoor, I mean, Lauren makes such

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Speaker 1: a great, great point in terms of just how this

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Speaker 1: has raised consistent bipartisan national security concerns. But from the

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Speaker 1: White House perspective, I mean, it's not like the Europeans

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Speaker 1: are following the US lead and not doing business with Huahwei.

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Speaker 1: It's not like the Europeans are backing off. So I mean,

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Speaker 1: this is a fascinating, shifting, shifting debate. No, especially as

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Speaker 1: we try to lay the groundwork for five G technology. Yeah,

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Speaker 1: it certainly bolsters the idea of Huawei as a national

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Speaker 1: security threat, as the United States government has did determined

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Speaker 1: if the United States strategy is to isolate North Korea

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Speaker 1: until it changes its behavior, and here we have Huawei using,

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Speaker 1: you know, basically funneling resources to North Korea to help

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Speaker 1: them in this regard. So it does create a complex

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Speaker 1: trip to North Korey. He's talked about the love I'm

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Speaker 1: literally quoting here the love that he and Kim jongn

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Speaker 1: have shared. Um it creates it creates a bit of

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Speaker 1: a dilemma here. How hard does he push on Huawei?

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Speaker 1: What are the consequences there with China? And if he doesn't,

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Speaker 1: I mean, qua when I interviewed Senator Rubio the other week,

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Speaker 1: I mean, Huawei was making a play for Venezuela. Take

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Speaker 1: a listen to what President Trump had to say about

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Speaker 1: all this. He says, it's about five G technology here

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Speaker 1: is I know all about it. I know all about Huahwei.

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Speaker 1: I know all about five G, and we're working on it.

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Speaker 1: And we have companies that are now getting very very

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Speaker 1: strong in that department, and we're gonna have five G.

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Speaker 1: We're gonna have the best five G in the world,

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Speaker 1: just like we have everything else are Silico and Silica

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Speaker 1: Valley cannot be competed with Silical Valley. Is is in

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Speaker 1: a tough spot here, though, saw Hill, because they've got

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Speaker 1: to they've got to navigate number one, the Trump White

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Speaker 1: the groundwork for five G. I mean, that's what this

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Speaker 1: is about. It's who's going to have the upper hand

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Speaker 1: when it comes to five G technology? And do you

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Speaker 1: work with Huawei? Do you? I mean all out We

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Speaker 1: all know what Google ran into with China, so they're

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Speaker 1: in a really tough spot. Yeah. I think it's consistently

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Speaker 1: a challenge for Silicon Valley to try to predict this

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Speaker 1: White House. I think it's consistently a challenge for various

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Speaker 1: sectors of the economy, as I think we're seeing in

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Speaker 1: many in many facets of the Washington debate, including the

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Speaker 1: debt limit, including um, the president's policy with technology, including

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Speaker 1: his kind of back and forth with social media companies.

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Speaker 1: He's he's hit on this thread of them being biased

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Speaker 1: towards his political movement towards conservatives. Debatable to say the least,

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Speaker 1: but um, you know, that's kind of his approach. It's

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Speaker 1: it's a new layer in these challenges that's Alicon Valley

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Speaker 1: has to face with the White House. The the U

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Speaker 1: S perspective that their their concerns with Huawei are are

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Speaker 1: well documented. It dates all the way back, I believe,

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Speaker 1: or twenty eleven, even in the Obama administration, that they've

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Speaker 1: they've sought for restructuring of Huawei's corporate governance. They've sought

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Speaker 1: for more transparency at the company. Uh, they've alleged essentially

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Speaker 1: that this is a China state run operation. But this

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Speaker 1: is really in the five g fight. I mean, this

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Speaker 1: is reality now, Lauren, because they've got to decide if

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Speaker 1: you don't do business with Huawei. I mean there's significant risk,

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Speaker 1: especially if Europe is and especially if emerging markets. I

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Speaker 1: don't know if I can call North Korea an emerging

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Speaker 1: market yet, but I mean they're they're trying to penetrate

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Speaker 1: those areas, sir, well, you know, as any corporation does.

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Speaker 1: They're trying to expand their business as much as they can.

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Speaker 1: I mean, I just think that the idea of engaging

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Speaker 1: on something as important as five g um, you know,

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Speaker 1: with a company like Quahwei, given these you know, pretty

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Speaker 1: significant national security concerns. I mean, all I've been thinking

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Speaker 1: in the back of my head is America First, and

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Speaker 1: this just doesn't seem like a very much America first

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Speaker 1: policy to me. And I just you know, I'm not

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Speaker 1: a Silicon Valley expert, but I think that the president

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Speaker 1: needs to tread lightfully here, or tread lately politically, because

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Speaker 1: I think that there is a lot of potential for

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Speaker 1: danger here, especially as we learn more about their dealings

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Speaker 1: with North Korea. What are what's Senator around? Paul thinks,

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Speaker 1: since he's essentially the co State Department Secretary of State.

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Speaker 1: All right, coming up, we're gonna talk politics. Get this.

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Speaker 1: We've got the national co chair of Bernie Sanders presidential campaign,

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Speaker 1: Nina Turner, calls in. We'll ask her about, well, how

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Speaker 1: are they going to pay for all this stuff? Coming

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Speaker 1: up only on sound On. You can download the sound

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Speaker 1: On podcast on Apple iTunes by downloading the Bloomberg Business app,

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Speaker 1: or by checking us out on radio dot com, I

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Speaker 1: Heart Radio, and Spotify. Panel stays, I'm Kevin Cirelli. You're

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Speaker 1: listening to Bloomberg nine one. This is sound On with

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Speaker 1: Kevin's relate on Bloomberg one and one oh five point

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Speaker 1: seven f M h D two, Baltimore. I'm Kevin Curreli,

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Speaker 1: Chief Washington correspondent from Bloomberg Television and Bloomberg Radio. We

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Speaker 1: are waiting to get Nina Turner on the line. She's

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Speaker 1: national co chair of the Bernie Sanders presidential campaign. We're

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Speaker 1: gonna ask her all about the upcoming Democratic presidential debate.

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Speaker 1: Sho coopors here while we wait for Nina sapor Is

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Speaker 1: Bloomberg News national political correspondent, as is Daniel Lettman. He

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Speaker 1: is covers all things the White House for Politico and

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Speaker 1: Laurens Out, Republican strategist co founder of ZELT Communication style.

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Speaker 1: What are you looking for the Sanders campaign to do

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Speaker 1: to differentiate themselves from Elizabeth Warren? Well, this is a

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Speaker 1: complex question for Bernie sander Is because going after her.

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Speaker 1: Attacking Elizabeth Warren is not going to be a good

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Speaker 1: look for him. They the two mostly agree on the issues.

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Speaker 1: The debate could be the first night of the debate

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Speaker 1: could be a love fest between those two. Because I

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Speaker 1: especially don't see any incentive for Elizabeth Warren, who has

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Speaker 1: been rising in the polls chipping away at Bernie Center support,

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Speaker 1: to go after him. But what's he going to do?

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Speaker 1: I suspect what he's going to do. Kevin Is point

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Speaker 1: out that he has been offering the same message for decades.

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Speaker 1: He has been talking about the need to raise the minimum,

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Speaker 1: ways they need to expand the safety net, um, the

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Speaker 1: need to change the structure of politics so money has

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Speaker 1: less of an influence for a long time, and the

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Speaker 1: Democratic Party has caught up with him. The first night

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Speaker 1: of the debate is going to be a battle for

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Speaker 1: the progressive lane. The second night of the debate Kamala

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Speaker 1: Harris versus Joe Biden, the rematch, the rematch, the rematch,

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Speaker 1: more than anything else, that's going to be a battle

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Speaker 1: for the black vote, which has been utterly essential to

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Speaker 1: the last five open contested Democrat You know, again, Saho,

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Speaker 1: you know, a huge fan of Sah. Just gonna say that.

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Speaker 1: But I kind of disagree with him because here's where

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Speaker 1: I disagree, lawd, because I don't think it's just about

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Speaker 1: the African American but I think it's like Joe Biden

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Speaker 1: has to show that he can fight, right. I mean,

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Speaker 1: he's got a lot of US political watchers and again

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Speaker 1: most of the country hasn't plugged did But would you

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Speaker 1: agree that he's got to show that. You know, he

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Speaker 1: gave that interview on Morning Joe where he's like, come on, man,

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Speaker 1: I can fight. Well, like he's got a show that

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Speaker 1: he can throw a political punch, no doubt he cannot

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Speaker 1: stumble again. And I don't disagree with your point at all. Um.

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Speaker 1: My theory is in terms of constituency. What is the

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Speaker 1: strongest one that that they're going after, And I think

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Speaker 1: it's African American voters. But you're right, Joe Biden cannot

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Speaker 1: have another moment like that where still number one. He

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Speaker 1: is still number one and pretty much consistently. So he

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Speaker 1: has lost some He has lost some points since the

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Speaker 1: first debate, and Harris has clearly risen since the first debate.

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Speaker 1: But Biden has to show that that he can take

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Speaker 1: a punch, that he can counter, and that he won't

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Speaker 1: be caught like last time, failing to show some empathy

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Speaker 1: when Kamala Harris launches a personal scathing attack. Larsa and

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Speaker 1: I were talking to the break and Litman, I know

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Speaker 1: you got you heard this, but I don't. I don't

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Speaker 1: think that anyone expects for Elizabeth Warren and Bernie Sanders

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Speaker 1: to go like politically nuclear against one another the first

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Speaker 1: night of the debate. But the Warrant campaign has been

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Speaker 1: doing slow and steady marathon, not a sprint on the prize,

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Speaker 1: and she really hasn't dipped or gone up. She's just

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Speaker 1: hovered in the top tier candidates. So I don't think

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Speaker 1: she's really gonna go after anyone but John Delaney is

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Speaker 1: on that stage, and I know everyone's counting him out.

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Speaker 1: But John Delaney, just because he needs to have a

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Speaker 1: breakout moment, I think he will definitely try to contrast

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Speaker 1: himself aggressively against someone like a Sanders or a Warren. Yeah,

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Speaker 1: I mean, I think that's absolutely possible, especially on the

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Speaker 1: heels of reports um that some of his own staff

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Speaker 1: has asked him to drop out of the race. He

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Speaker 1: needs to do. He needs to have a breakout moment.

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Speaker 1: You're right, but you know, I think that you're also

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Speaker 1: right to Kevin and that it's a little bit early

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Speaker 1: for Bernie and Elizabeth Warren to go at each other's throats,

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Speaker 1: but at some point they're going to have to because

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Speaker 1: they essentially share the same lane in terms of their message.

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Speaker 1: And she's saying it's I can hear the Warren crowd

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Speaker 1: just totally grimacing for what I'm about to say. But

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Speaker 1: this is what I think she's playing the Ted Cruise playbook,

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Speaker 1: which is, you know, I'm electable. I'm the liberal who's electable.

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Speaker 1: Cruiz said that she that's her argument. I mean, I see,

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Speaker 1: but Cruise campaign said, I'm the conservative that's electable. If

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Speaker 1: you don't want Trump vote Cruz. Remember that, and now

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Speaker 1: she's going to say, if you don't want, you know,

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Speaker 1: win with Warren is there is their slogan. Sure, and

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Speaker 1: you're absolutely right Ted Ted Cruise did do that in work.

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Speaker 1: I'm not saying I know, I'm just a reporter. I mean,

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Speaker 1: it was very funny to watch a lot of Conservatives

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Speaker 1: and Republicans find themselves cheering for Ted Cruz. Um, you know,

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Speaker 1: towards the end of the primary. I found it ironic

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Speaker 1: because it was very ironic. Yeah, but I just I

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Speaker 1: don't I don't think Elizabeth Warren is electable. She's just

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Speaker 1: entirely too far to the left. Moderate Republicans and independence

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Speaker 1: I don't think are going to go for her just

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Speaker 1: because of how far left she is the one teaching.

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Speaker 1: The biggest difference between the Republican primary and the Democratic

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Speaker 1: primary in terms of strategy is that the Democrats who

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Speaker 1: matter are going after the front runner. The Republicans didn't

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Speaker 1: lay a finger on the front runner, Donald Trump until

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Speaker 1: maybe January or so, and that was Ted Cruz. And

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Speaker 1: Rubio loses South Carolina and suddenly discovers that he has

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Speaker 1: to go after Donald Trump because he's a front runner.

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Speaker 1: This time, you had Kamala Harris go after Joe Biden

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Speaker 1: in the first debate. It's a big difference, and it

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Speaker 1: took aim at at Joe Biden, uh shortly after he

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Speaker 1: launched with talking about the bankruptcy bill and five go ahead. Well,

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Speaker 1: I think there's a lot of democratic competives. If if

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Speaker 1: you talk to them, they will say that they used

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Speaker 1: to be against Warren and now that she you know

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Speaker 1: that she's won them over. That's what I hear that

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Speaker 1: you uh when you talk to them. Uh, they say, well,

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Speaker 1: she was unelectable before, but she's become a much better candidate. Uh,

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Speaker 1: and she is better on the stump, and it's more

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Speaker 1: charismatic and could actually win over the country if she

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Speaker 1: gets that national platform of a nomination. And so they

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Speaker 1: are not they are still skeptical that Sanders could win

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Speaker 1: a general elections since he is kind of an avowed socialist,

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Speaker 1: but it's it's harder to accuse Warren of being a socialist.

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Speaker 1: She's more of a let's fix the system. Of course

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Speaker 1: they're gonna be radical fixes and major changes, but she's

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Speaker 1: not a tear down this house. She was a professor

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Speaker 1: at Harvard Law school, so it's not like she's out

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Speaker 1: of the total mainstream. Well, a lot of the financial crowd.

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Speaker 1: Last week when we were talking about the reinstatement of

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Speaker 1: Glass Stiegel, my phone was blowing up because they were

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Speaker 1: like last Steagel. I mean, like, if you ever want

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Speaker 1: to see some bankers get nervous, just mentioned two words,

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Speaker 1: Glass and Stiegel coming up. We're gonna talk more about politics.

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Speaker 1: Hopefully we can get Nina Turner on the line from

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Speaker 1: the Sanders campaign. I'll ask her about Glass Stiegel. If not,

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Speaker 1: we're gonna talk more policy and politics. Panel stays. Download

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Speaker 1: the Sound On podcast by downloading Apple iTunes, by downloading

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Speaker 1: the Bloomberg Business app. Check us out on radio dot Com,

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Speaker 1: I Heart Radio, and Spotify. I'm Kevin Crelli. You're listening

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Speaker 1: to Bloomberg. You're listening to Sound On with Kevin Serelli

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Speaker 1: on Bloomberg and one oh five point seven of m

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00:23:13,640 --> 00:23:16,560
Speaker 1: h D two Botimore. If they want to make a deal,

427
00:23:17,240 --> 00:23:20,040
Speaker 1: it's it's frankly, it's getting harder for me to want

428
00:23:20,080 --> 00:23:22,760
Speaker 1: to make a deal with the run because they behave

429
00:23:22,880 --> 00:23:28,720
Speaker 1: very badly. That was President Trump speaking earlier today. Uncertainty

430
00:23:28,760 --> 00:23:31,359
Speaker 1: whether or not he will get a deal with Iran.

431
00:23:32,119 --> 00:23:35,440
Speaker 1: This is Iran has locked in a worsening political standoff

432
00:23:35,480 --> 00:23:39,240
Speaker 1: with Western powers. They've they've handed down death sentences to

433
00:23:39,359 --> 00:23:42,359
Speaker 1: several nationals who they're accusing of being part of the

434
00:23:42,400 --> 00:23:46,199
Speaker 1: c I A uh. That, of course is something that

435
00:23:46,240 --> 00:23:50,520
Speaker 1: the US is totally denying. President Trump tweeting out earlier

436
00:23:50,560 --> 00:23:53,520
Speaker 1: today that that is quote unquote totally false and breaking news.

437
00:23:53,840 --> 00:23:57,520
Speaker 1: Breaking news tonight, the president did get a deal with Congress.

438
00:23:57,720 --> 00:24:01,000
Speaker 1: President Trump just tweeting out within the last minute, quote,

439
00:24:01,000 --> 00:24:02,959
Speaker 1: I am pleased to announce that a deal has been

440
00:24:03,000 --> 00:24:06,360
Speaker 1: struck with Senate Majority Leader Mitch McConnell, Senate Minority Leader

441
00:24:06,440 --> 00:24:08,959
Speaker 1: Chuck Schumer, Speaker of the House Pelosi, and House Seminarity

442
00:24:09,080 --> 00:24:13,040
Speaker 1: Leader Kevin McCarthy on a two year budget and debt

443
00:24:13,320 --> 00:24:16,719
Speaker 1: ceiling with no poison bills. This was a real compromise

444
00:24:17,119 --> 00:24:20,240
Speaker 1: in order to give another big victory to our great

445
00:24:20,720 --> 00:24:24,720
Speaker 1: military and vets and quote the President tweeting an out

446
00:24:24,840 --> 00:24:28,199
Speaker 1: redhead on the Bloomberg terminal, Trump says, lawmakers have reached

447
00:24:28,200 --> 00:24:32,479
Speaker 1: deal on debt limit suspension, and we've got an all

448
00:24:32,520 --> 00:24:36,320
Speaker 1: star panel to dive into this. Lawn Zelt Republican strategist,

449
00:24:36,320 --> 00:24:40,240
Speaker 1: founder of ZELPT Communications, Daniel Lippman, white House reporter reporter

450
00:24:40,320 --> 00:24:44,240
Speaker 1: at Politico, and saw Hill Kapoor, who has Bloomberg News

451
00:24:44,640 --> 00:24:48,160
Speaker 1: national political correspondent. They got a deal style and now

452
00:24:48,160 --> 00:24:49,760
Speaker 1: we'll see if it has the votes to pass. Do

453
00:24:49,760 --> 00:24:51,919
Speaker 1: you think it does at this point? I think the

454
00:24:51,960 --> 00:24:55,359
Speaker 1: president's tweets helped. Tweeting helps get Republican support. They were

455
00:24:55,400 --> 00:24:57,600
Speaker 1: bleeding a little bit on the right with conservatives. Some

456
00:24:57,640 --> 00:24:59,719
Speaker 1: of them said the spending cuts or the spending increases

457
00:24:59,760 --> 00:25:02,280
Speaker 1: are too much, not enough of them are offset. But

458
00:25:02,320 --> 00:25:04,800
Speaker 1: you have a Trump tweet endorsing something, and every Republican

459
00:25:04,880 --> 00:25:06,840
Speaker 1: is going to think twice about coming out against it,

460
00:25:07,080 --> 00:25:12,640
Speaker 1: go on vacation law or debate the death I mean,

461
00:25:12,760 --> 00:25:15,520
Speaker 1: they can hear the lawmakers being like, please just schedule

462
00:25:15,640 --> 00:25:18,800
Speaker 1: this vote. I think it's no coincidence that we're here

463
00:25:18,840 --> 00:25:22,040
Speaker 1: at the end of July, August recesses on the horizon.

464
00:25:22,080 --> 00:25:24,639
Speaker 1: But no, I think some hills right. Any time the

465
00:25:24,680 --> 00:25:28,160
Speaker 1: president puts his full weight behind something, it puts Republicans,

466
00:25:28,320 --> 00:25:31,280
Speaker 1: especially those from you know, re read states or districts.

467
00:25:31,840 --> 00:25:34,719
Speaker 1: It puts them in a pickle, even if they're fiscally conservative.

468
00:25:35,359 --> 00:25:37,920
Speaker 1: It's going against the President, and he's when he's coming

469
00:25:38,000 --> 00:25:41,480
Speaker 1: out strongly for something like this deal is very difficult,

470
00:25:41,520 --> 00:25:43,320
Speaker 1: and if they go against it, they're probably going to

471
00:25:43,359 --> 00:25:46,480
Speaker 1: hear from their constituents back home. So, whether it's fiscally

472
00:25:46,600 --> 00:25:49,840
Speaker 1: conservative or not, I think the President backing it strongly

473
00:25:49,880 --> 00:25:52,920
Speaker 1: means that it likely will passed. Game set match. I agree,

474
00:25:52,960 --> 00:25:55,280
Speaker 1: I don't. I don't see how. I don't see how

475
00:25:55,280 --> 00:25:57,120
Speaker 1: they don't get a deal litment. But it would also

476
00:25:57,200 --> 00:25:59,960
Speaker 1: suggest that in the middle of what I would say

477
00:26:00,080 --> 00:26:04,960
Speaker 1: is one of the most heated rhetorical weeks in American politics,

478
00:26:05,240 --> 00:26:09,639
Speaker 1: where the President has used racial rhetoric to attack for

479
00:26:09,840 --> 00:26:13,280
Speaker 1: freshman congresswomen, and there's the back and forth, the political

480
00:26:13,320 --> 00:26:15,640
Speaker 1: ping pong, back and forth, back and forth that we've

481
00:26:15,680 --> 00:26:18,880
Speaker 1: seen that even continue today, where the President tweeted out

482
00:26:18,960 --> 00:26:22,679
Speaker 1: that Congresswoman Alexandria Accacio Cortez and the other members of

483
00:26:22,720 --> 00:26:26,560
Speaker 1: the so called squad as they called themselves, that that

484
00:26:27,080 --> 00:26:31,719
Speaker 1: is didn't really matter Speaker Pelosi, President Trump, they were

485
00:26:31,760 --> 00:26:34,399
Speaker 1: able to hammer out a two year deal. Yeah. I

486
00:26:34,400 --> 00:26:38,640
Speaker 1: think a lot of people have been resolved to try

487
00:26:38,680 --> 00:26:41,120
Speaker 1: to get business done for the American people instead of

488
00:26:42,160 --> 00:26:45,760
Speaker 1: worry about Trump's attacks. He's always going to attack his

489
00:26:45,960 --> 00:26:49,920
Speaker 1: political enemies and his you know, his cabinet members will

490
00:26:49,960 --> 00:26:53,840
Speaker 1: attack they're people who are against them to like Wilbur

491
00:26:53,960 --> 00:26:58,080
Speaker 1: Ross did with my story today, that story pretty much

492
00:26:58,119 --> 00:27:00,560
Speaker 1: said that no one I mean, and actually I know

493
00:27:00,600 --> 00:27:02,840
Speaker 1: a lot of people who like Commerce Secretary Wilbert Ross,

494
00:27:02,880 --> 00:27:05,520
Speaker 1: but no one. Yeah, no, no one's saying that, uh,

495
00:27:05,640 --> 00:27:08,359
Speaker 1: you know, he's a bad guy or that he's unlikable.

496
00:27:08,400 --> 00:27:12,280
Speaker 1: It's I guess just my story revealed is that Commerce's

497
00:27:12,480 --> 00:27:16,879
Speaker 1: rudderless and that he is focused too much on winning

498
00:27:16,920 --> 00:27:19,080
Speaker 1: favorite at the White House with Trump and keeping his

499
00:27:19,160 --> 00:27:23,440
Speaker 1: job then actually talking to employees or even holding staff meetings.

500
00:27:24,040 --> 00:27:27,000
Speaker 1: And there's worries that uh, you know, help fall asleep

501
00:27:27,080 --> 00:27:30,720
Speaker 1: and so any wish he's done in multiple meetings over

502
00:27:30,840 --> 00:27:34,480
Speaker 1: his tenure. And so they were pretty angry about that story.

503
00:27:34,520 --> 00:27:36,600
Speaker 1: If you read the tweet, well, she I mean, but

504
00:27:36,600 --> 00:27:39,400
Speaker 1: but but as you move forward, though, Lauren, in terms

505
00:27:39,440 --> 00:27:42,560
Speaker 1: of again this breaking news just happening within the last

506
00:27:42,600 --> 00:27:44,960
Speaker 1: five minutes that President Trump tweeting out that they have

507
00:27:45,080 --> 00:27:49,880
Speaker 1: reached a deal with lawmakers for a two year budget

508
00:27:49,920 --> 00:27:53,959
Speaker 1: and debt ceiling deal to raise the debt limit. This,

509
00:27:54,040 --> 00:27:57,000
Speaker 1: of course, has been something that Republicans have said they

510
00:27:57,040 --> 00:28:01,320
Speaker 1: don't want to do. Hardliner Republicans, Freedom Caucus, ultra conservative Republicans.

511
00:28:01,359 --> 00:28:03,360
Speaker 1: And then I interviewed some Democrats who are like, get

512
00:28:03,440 --> 00:28:05,720
Speaker 1: rid of the debt limit altogether. And I'm like, well,

513
00:28:05,720 --> 00:28:08,840
Speaker 1: then there's that debate that rages on. But here we

514
00:28:08,880 --> 00:28:11,280
Speaker 1: are a two year deal. So I guess the next

515
00:28:11,280 --> 00:28:14,280
Speaker 1: time we'll do this will be after oh my god,

516
00:28:15,359 --> 00:28:18,159
Speaker 1: oh my gosh, you guys, And we didn't even the

517
00:28:18,280 --> 00:28:23,440
Speaker 1: last debt ceiling fight. We get before the election. Debt

518
00:28:23,440 --> 00:28:26,000
Speaker 1: ceiling fights. Now it's just good or bad for the

519
00:28:26,119 --> 00:28:28,040
Speaker 1: for for I mean, it's great for the I mean

520
00:28:28,080 --> 00:28:30,720
Speaker 1: I think it's a good thing for the credit, right,

521
00:28:31,440 --> 00:28:35,920
Speaker 1: I think, Kevin, this was the bolden opportunity for Congress

522
00:28:35,960 --> 00:28:37,880
Speaker 1: to abolish the debt limit. The only way it would

523
00:28:37,880 --> 00:28:40,360
Speaker 1: happen is under a Republican president. You know, Republicans would

524
00:28:40,400 --> 00:28:43,680
Speaker 1: never allow that under a Democratic president. Um and the

525
00:28:43,680 --> 00:28:46,040
Speaker 1: fact that House Democrats view this as a headache and

526
00:28:46,080 --> 00:28:48,200
Speaker 1: a nuisance and they're not gonna want to take it hostage.

527
00:28:48,240 --> 00:28:52,120
Speaker 1: The way House Republicans led by it, led by someone

528
00:28:52,160 --> 00:28:55,360
Speaker 1: including mcmulvaney, now the White House Chief of stopped ironically

529
00:28:55,480 --> 00:28:58,920
Speaker 1: did inn but they didn't do that. It looks like

530
00:28:58,920 --> 00:29:00,960
Speaker 1: there's a cohort of center as Democrats in the House

531
00:29:00,960 --> 00:29:03,680
Speaker 1: that genuinely does care about the deficit through Republican and

532
00:29:03,760 --> 00:29:08,840
Speaker 1: Democratic presidencies, which has not been the case for everybody else. Lauren, Yeah,

533
00:29:08,920 --> 00:29:10,400
Speaker 1: you know, I mean, I just think the timing is

534
00:29:10,520 --> 00:29:13,280
Speaker 1: very interesting, you know, obviously kicking it until after the election,

535
00:29:13,440 --> 00:29:17,280
Speaker 1: but you're right, Republicans wouldn't have let that happen under

536
00:29:17,320 --> 00:29:20,160
Speaker 1: a democratic administration. But I do think you'll have a

537
00:29:20,200 --> 00:29:22,560
Speaker 1: lot of fiscal conservatives upset with this. I think they'll

538
00:29:22,560 --> 00:29:24,720
Speaker 1: probably vote against it, but ultimately I think it will

539
00:29:24,760 --> 00:29:28,040
Speaker 1: pass because Republicans will be reticent to disagree with the President.

540
00:29:28,200 --> 00:29:30,400
Speaker 1: So I'm just fascinated by all of this because again,

541
00:29:30,440 --> 00:29:34,160
Speaker 1: the backdrop is the President sparring an aggressive rhetoric against

542
00:29:34,160 --> 00:29:38,120
Speaker 1: four freshman congresswomen, in rhetoric that I would argue, we

543
00:29:38,200 --> 00:29:42,600
Speaker 1: have not seen and really ever in this administration. And here,

544
00:29:42,920 --> 00:29:45,520
Speaker 1: you know, even Kelly and Conway, when she was speaking

545
00:29:45,520 --> 00:29:48,600
Speaker 1: at the White House earlier today, going on the offensive,

546
00:29:48,800 --> 00:29:53,680
Speaker 1: doubling down and that criticism continuing to draw those political attacks.

547
00:29:53,760 --> 00:29:58,280
Speaker 1: President Trump tweeting out this morning that this was that

548
00:29:58,280 --> 00:30:01,440
Speaker 1: that they calling them racists. Um, you know, we all

549
00:30:01,440 --> 00:30:05,239
Speaker 1: remember last week where Speaker Pelosi had that vote on

550
00:30:05,320 --> 00:30:08,239
Speaker 1: the House floor condemning this. But in the middle of

551
00:30:08,360 --> 00:30:10,959
Speaker 1: all of that, I mean, this is huge. In the

552
00:30:11,000 --> 00:30:13,959
Speaker 1: middle of all of that, Speaker Pelosi was working the

553
00:30:14,000 --> 00:30:19,560
Speaker 1: phones on with every night, virtually every night, with Treasury

554
00:30:19,600 --> 00:30:23,520
Speaker 1: Secretary Stephen Manutian to hammer out a two year budget

555
00:30:23,520 --> 00:30:25,840
Speaker 1: and debt ceiling deal. And there's gonna be no debt

556
00:30:25,880 --> 00:30:29,880
Speaker 1: ceiling fight between now and election day, provided this thing

557
00:30:29,920 --> 00:30:33,760
Speaker 1: gets voted on Sawhill. What messaging does that pose or

558
00:30:33,800 --> 00:30:36,760
Speaker 1: how does Speaker Pelosi play this tonight? Does she say, look,

559
00:30:36,800 --> 00:30:38,400
Speaker 1: I was able to get this deal in the middle

560
00:30:38,440 --> 00:30:42,560
Speaker 1: of this awful, horrific week, or is she gonna face

561
00:30:42,880 --> 00:30:44,720
Speaker 1: people on the left who say, why are you doing that?

562
00:30:44,760 --> 00:30:48,600
Speaker 1: Impeach the guy Kevin. I think her message is a

563
00:30:48,840 --> 00:30:51,320
Speaker 1: this is not optional. The government has to be funded,

564
00:30:51,360 --> 00:30:54,080
Speaker 1: the debt limit has to be extended. There's no way

565
00:30:54,120 --> 00:30:56,600
Speaker 1: Congress can refuse to do this. Now she can go

566
00:30:56,640 --> 00:30:59,600
Speaker 1: to her members and sell the fact that Democrats secured

567
00:30:59,720 --> 00:31:02,640
Speaker 1: one one to one parody, and at least we believe

568
00:31:02,640 --> 00:31:04,320
Speaker 1: they did based on the contours of the deal so far,

569
00:31:04,400 --> 00:31:07,320
Speaker 1: one to one parity in domestic spending increases, in military

570
00:31:07,360 --> 00:31:10,160
Speaker 1: spending increases. They got something like eight to nine cents

571
00:31:10,160 --> 00:31:12,440
Speaker 1: on the dollar last year when they were in the minority,

572
00:31:12,480 --> 00:31:14,920
Speaker 1: and they upped the anti this time. So there's certainly

573
00:31:14,960 --> 00:31:17,640
Speaker 1: something for progressives to like in this deal in the

574
00:31:17,640 --> 00:31:20,960
Speaker 1: form of higher domestic spending. And beyond that, you can say, look,

575
00:31:20,960 --> 00:31:22,800
Speaker 1: I'm dealing with a Republican president. I'm dealing with the

576
00:31:22,840 --> 00:31:25,560
Speaker 1: Republicans Senate. What exactly do you want from me? Well,

577
00:31:25,560 --> 00:31:28,760
Speaker 1: what do they want from Lauren? I mean, I think

578
00:31:28,800 --> 00:31:30,800
Speaker 1: what you hear from a lot of Democrats. You know,

579
00:31:30,840 --> 00:31:32,560
Speaker 1: I talked to you a lot of Democrats. I have

580
00:31:32,720 --> 00:31:35,200
Speaker 1: many Democrat friends, if you might imagine, and and a

581
00:31:35,200 --> 00:31:37,440
Speaker 1: lot of them are very frustrated on the impeachment issue

582
00:31:37,440 --> 00:31:40,520
Speaker 1: in general. I think that Nancy Pelosi is being smart

583
00:31:40,800 --> 00:31:43,160
Speaker 1: um to not really pursue it aggressively. I know they

584
00:31:43,160 --> 00:31:45,440
Speaker 1: had that vote UM recently, and I know it did

585
00:31:45,480 --> 00:31:49,320
Speaker 1: not go very very far. But a lot of Democrats

586
00:31:49,320 --> 00:31:52,920
Speaker 1: out there are they are tired of of the president,

587
00:31:52,920 --> 00:31:55,520
Speaker 1: and they're and they're upset with Speaker Pelosi for not

588
00:31:55,640 --> 00:32:00,680
Speaker 1: impeaching or not beginning impeachment proceedings. Now. Ultimately, though, I

589
00:32:00,720 --> 00:32:03,040
Speaker 1: think that this is not going to be the dead

590
00:32:03,080 --> 00:32:04,840
Speaker 1: ceiling deal is not going to be talked about as

591
00:32:04,920 --> 00:32:07,719
Speaker 1: much as the feud between the President and the squad is,

592
00:32:07,760 --> 00:32:10,800
Speaker 1: as you alladed to earlier, Kevin, And you know, while

593
00:32:10,840 --> 00:32:12,640
Speaker 1: I've got the mic on it, I just not to

594
00:32:12,680 --> 00:32:15,240
Speaker 1: go all Maryan Williamson on everybody, but are you going

595
00:32:15,240 --> 00:32:20,520
Speaker 1: with this? But I also say what I mean, I

596
00:32:20,520 --> 00:32:23,360
Speaker 1: don't understand why more people don't just say that the

597
00:32:23,480 --> 00:32:26,040
Speaker 1: rhetoric on both sides needs to stop. I understand that

598
00:32:26,400 --> 00:32:32,720
Speaker 1: everyone's well, but more prominent law say that. You know,

599
00:32:32,760 --> 00:32:35,120
Speaker 1: I think our politics right now we are sort of

600
00:32:35,160 --> 00:32:37,640
Speaker 1: at the apex of a pendulum swing. I think everything

601
00:32:37,680 --> 00:32:39,280
Speaker 1: is very hot. I don't know what's going to have

602
00:32:39,320 --> 00:32:43,320
Speaker 1: to happen to bring it back down. Yeah, child side, Yeah,

603
00:32:44,080 --> 00:32:46,520
Speaker 1: sorry not to be no, no, no, I don't know

604
00:32:46,560 --> 00:32:48,400
Speaker 1: what's going to bring us back down to a place

605
00:32:48,560 --> 00:32:50,920
Speaker 1: of more respectful rhetoric. I don't think that we can

606
00:32:50,960 --> 00:32:53,120
Speaker 1: stay here for very long because I think the long

607
00:32:53,240 --> 00:32:55,960
Speaker 1: term consequences are very severy you know, I think I'm

608
00:32:56,040 --> 00:32:58,120
Speaker 1: about to get on a soapbox. I apologize. I just

609
00:32:58,200 --> 00:33:01,880
Speaker 1: mentioned Marian Williamson's not okay. I appreciate that. I appreciate it.

610
00:33:02,000 --> 00:33:04,280
Speaker 1: And you're up here. You're based in North Carolina now,

611
00:33:04,520 --> 00:33:07,160
Speaker 1: so I mean you're in d C. You know what

612
00:33:07,160 --> 00:33:11,040
Speaker 1: it is? Just like talk how you want others to

613
00:33:11,080 --> 00:33:13,520
Speaker 1: talk to you? Yeah, what's on your radar? Litman, you

614
00:33:13,600 --> 00:33:17,200
Speaker 1: got less than a minute? Go soccer tomorrow night at field.

615
00:33:17,400 --> 00:33:20,880
Speaker 1: Yes for one listening. No, I think Lauren makes a

616
00:33:20,920 --> 00:33:23,360
Speaker 1: good point that, uh, you know, if you look at

617
00:33:23,560 --> 00:33:26,000
Speaker 1: what Pelosi is and Manut and are trying to do,

618
00:33:26,040 --> 00:33:29,040
Speaker 1: they don't think that this is a fight worth having.

619
00:33:29,080 --> 00:33:32,960
Speaker 1: That the American people's interests should be put up at first. Uh.

620
00:33:32,960 --> 00:33:36,280
Speaker 1: And you know, Manu can say what he wants to

621
00:33:36,320 --> 00:33:40,160
Speaker 1: protect the president on the racist stuff, but that's not

622
00:33:40,720 --> 00:33:42,840
Speaker 1: their angle. Right now, we're gonna leave it there again.

623
00:33:42,880 --> 00:33:46,160
Speaker 1: Breaking news tonight, President Trump says lawmakers have reached a

624
00:33:46,160 --> 00:33:50,160
Speaker 1: deal on the debt limit suspension two year deal. Two

625
00:33:50,240 --> 00:33:54,720
Speaker 1: year deal. Now the question becomes, will Republicans get on board?

626
00:33:54,760 --> 00:33:57,080
Speaker 1: Do they have the votes? I want to thank our panel,

627
00:33:57,160 --> 00:34:00,560
Speaker 1: Lawrence Lt. Daniel Littmann Sail Kapoor. You can download the

628
00:34:00,640 --> 00:34:04,080
Speaker 1: sound on podcast on Apple iTunes by downloading the Bloomberg

629
00:34:04,080 --> 00:34:07,240
Speaker 1: Business app. You can also find us on radio dot Com,

630
00:34:07,320 --> 00:34:11,000
Speaker 1: I Heart Radio, and Spotify. I'm Kevin Cirelli, Chief Washington

631
00:34:11,000 --> 00:34:14,960
Speaker 1: correspondent for Bloomberg Television and Bloomberg Radio, and you're listening

632
00:34:15,000 --> 00:34:17,000
Speaker 1: to Bloomberg One