1 00:00:03,880 --> 00:00:07,680 Speaker 1: On this episode of Newsworld, the Democrats proposed three point 2 00:00:07,760 --> 00:00:11,840 Speaker 1: five trillion dollars spending bill, and the three trillion dollar 3 00:00:11,880 --> 00:00:14,800 Speaker 1: tax increased bill has been wearing on me for weeks. 4 00:00:15,280 --> 00:00:18,960 Speaker 1: I cannot fathom why the Democrats think raising taxes will 5 00:00:19,000 --> 00:00:23,160 Speaker 1: be good for everyday Americans or the economy, especially as 6 00:00:23,160 --> 00:00:25,960 Speaker 1: we're in an economic recovery period coming out of the pandemic. 7 00:00:26,560 --> 00:00:29,400 Speaker 1: I think Bernie Sanders is exactly the kind of big 8 00:00:29,440 --> 00:00:33,200 Speaker 1: government socialists who thinks it makes sense to add fuel 9 00:00:33,240 --> 00:00:36,680 Speaker 1: to the fire of inflation. And that's why Bernie Sanders 10 00:00:36,720 --> 00:00:39,320 Speaker 1: is proposing this bill, which I think is frankly just 11 00:00:39,400 --> 00:00:43,440 Speaker 1: insane from a conservative standpoint. I wonder why the Democrats 12 00:00:43,520 --> 00:00:46,720 Speaker 1: think this makes sense to raise taxes to help fund 13 00:00:46,760 --> 00:00:51,200 Speaker 1: their proposed multi trillion dollar plans, the American Job's Plan 14 00:00:51,479 --> 00:00:54,360 Speaker 1: and the American Family's Plan, both of which will give 15 00:00:54,360 --> 00:00:57,280 Speaker 1: money back to Americans in various ways, but of course 16 00:00:57,280 --> 00:01:00,360 Speaker 1: they will also borrow money, raise the price of a plation, 17 00:01:00,760 --> 00:01:04,400 Speaker 1: and actually cost Americans more than we'll give them. Why 18 00:01:04,480 --> 00:01:06,920 Speaker 1: not just allow Americans to keep the money in their 19 00:01:06,959 --> 00:01:10,959 Speaker 1: pockets instead of taxing them. Here to talk more about 20 00:01:11,000 --> 00:01:14,400 Speaker 1: the proposed three trillion dollars tax bill and three point 21 00:01:14,400 --> 00:01:17,760 Speaker 1: five trillion dollars spending bill. I'm really pleased to welcome 22 00:01:17,800 --> 00:01:22,319 Speaker 1: my guest, Congressman Kevin Brady. He probably serves Texas eighth 23 00:01:22,319 --> 00:01:25,560 Speaker 1: congressional district, and he is the ranking Republican member of 24 00:01:25,560 --> 00:01:28,279 Speaker 1: the House Ways and Means Committee and a leading voice 25 00:01:28,319 --> 00:01:43,440 Speaker 1: speaking out about the reasons to oppose the Democrats tax increase. Kevin, 26 00:01:43,480 --> 00:01:45,720 Speaker 1: let me first of all just thank you for taking 27 00:01:45,760 --> 00:01:48,960 Speaker 1: time out. Thanks Speaker, It's an honor. There's so many 28 00:01:49,000 --> 00:01:53,440 Speaker 1: things we're dealing with now that reverse the major reforms 29 00:01:53,480 --> 00:01:57,160 Speaker 1: you made as Speaker. That's perhaps most troubling of all 30 00:01:57,200 --> 00:02:00,560 Speaker 1: in this well. Could you just froumenicaus to say, even 31 00:02:00,560 --> 00:02:02,360 Speaker 1: as somebody who served in the House for twenty years, 32 00:02:02,720 --> 00:02:06,840 Speaker 1: I'm astonished at how the Democrats in both the House 33 00:02:06,880 --> 00:02:09,800 Speaker 1: and Senate have allowed all of these things to pile 34 00:02:09,880 --> 00:02:12,440 Speaker 1: up into a gigantic law job. Could you just walk through, 35 00:02:12,639 --> 00:02:15,760 Speaker 1: at the surface level, how many different things they've got 36 00:02:15,760 --> 00:02:18,120 Speaker 1: to get done in the near future. They have so 37 00:02:18,160 --> 00:02:22,240 Speaker 1: many crisis of their own making, it's hard to categorize 38 00:02:22,320 --> 00:02:27,040 Speaker 1: all of them, from the border to Afghanistan, the economic crisis, 39 00:02:27,120 --> 00:02:30,240 Speaker 1: everything in between. But in this bill, you know, I 40 00:02:30,280 --> 00:02:34,880 Speaker 1: think this is their chance to expand the welfare state 41 00:02:35,160 --> 00:02:38,440 Speaker 1: in a way we have never seen our lifetime, impose 42 00:02:38,840 --> 00:02:43,000 Speaker 1: just crippling taxes and put in place these green New 43 00:02:43,040 --> 00:02:46,920 Speaker 1: Deal subsidies that really change, I think, transform our government 44 00:02:46,919 --> 00:02:50,560 Speaker 1: in our country for generations to come. They didn't do 45 00:02:50,600 --> 00:02:53,000 Speaker 1: a budget, of course, didn't get any of their spending 46 00:02:53,040 --> 00:02:56,040 Speaker 1: bills done, so they've got to keep the government open. 47 00:02:56,080 --> 00:02:59,200 Speaker 1: And they've got a debt ceiling crisis of their own 48 00:02:59,240 --> 00:03:01,680 Speaker 1: making that has to be addressed here in the next 49 00:03:01,680 --> 00:03:05,400 Speaker 1: ten days. So they've got a remarkable amount of problems 50 00:03:05,400 --> 00:03:07,680 Speaker 1: facing them right now. And in addition to those who 51 00:03:07,680 --> 00:03:10,880 Speaker 1: they've got this infrastructure build at about one point two trillion. 52 00:03:11,280 --> 00:03:13,800 Speaker 1: And as I understand the dance in the House right now, 53 00:03:14,440 --> 00:03:17,480 Speaker 1: Pelosi had to promise the moderates, the so called moderates 54 00:03:17,680 --> 00:03:20,480 Speaker 1: I think actually they're all big government socialists now because 55 00:03:20,520 --> 00:03:23,519 Speaker 1: they all vote for Bernie Sanders bills. But she had 56 00:03:23,560 --> 00:03:26,480 Speaker 1: to promise them that they would get a vote on 57 00:03:27,240 --> 00:03:31,160 Speaker 1: the infrastructure bill I think next week. But the theory 58 00:03:31,200 --> 00:03:34,200 Speaker 1: had been that that would also they'd be ready to 59 00:03:34,280 --> 00:03:37,600 Speaker 1: do this gigantic Bernie Sanders bill and it looks now 60 00:03:37,600 --> 00:03:39,560 Speaker 1: like they may not be ready. There have been I 61 00:03:39,600 --> 00:03:42,200 Speaker 1: think nine or ten of the left wingers who said 62 00:03:42,600 --> 00:03:46,560 Speaker 1: they'll vote no and help defeat the infrastructure bill if 63 00:03:46,560 --> 00:03:48,800 Speaker 1: she tries to bring it up before they get their 64 00:03:48,880 --> 00:03:51,360 Speaker 1: three point five trillion. I mean, how do you see 65 00:03:51,400 --> 00:03:54,400 Speaker 1: that playing out? Yeah? Well, first, good for those nine 66 00:03:54,480 --> 00:04:00,680 Speaker 1: or ten Democrats actually insist on some some financial sanity 67 00:04:00,800 --> 00:04:03,560 Speaker 1: around Washington. But man, she knocked all of them into 68 00:04:03,640 --> 00:04:07,240 Speaker 1: line pretty quickly promised that date. But on the same 69 00:04:07,320 --> 00:04:09,800 Speaker 1: day she did. You know, the progressives put out a 70 00:04:09,880 --> 00:04:12,240 Speaker 1: letter back then saying we're not part of this deal, 71 00:04:12,280 --> 00:04:15,760 Speaker 1: and they are insisting these two things be linked, and 72 00:04:15,800 --> 00:04:19,520 Speaker 1: in fact they are no matter how you split it. 73 00:04:19,680 --> 00:04:22,680 Speaker 1: At one point two trillion, and now you know that 74 00:04:22,880 --> 00:04:27,160 Speaker 1: tax and spend bill is now well over for trillion 75 00:04:27,240 --> 00:04:29,760 Speaker 1: just in the initial years. But you get one, you 76 00:04:29,800 --> 00:04:32,800 Speaker 1: get the other. There's just no separations. So she's got 77 00:04:32,800 --> 00:04:35,599 Speaker 1: to figure out how she balances those two groups. And 78 00:04:35,720 --> 00:04:38,320 Speaker 1: I was a little surprised that the hard liners on 79 00:04:38,360 --> 00:04:41,520 Speaker 1: the left had enough power to force her to drop 80 00:04:41,560 --> 00:04:45,040 Speaker 1: the funding for the Iron Dome missile defense system for Israel. 81 00:04:45,400 --> 00:04:49,560 Speaker 1: This is a defensive system that protects civilians from rocket attack, 82 00:04:49,960 --> 00:04:53,000 Speaker 1: and they basically forced her to take the billion dollars 83 00:04:53,040 --> 00:04:56,040 Speaker 1: out of the bill they passed the other day. Apparently 84 00:04:56,040 --> 00:04:59,159 Speaker 1: they don't mind standing up to her. No, they don't 85 00:04:59,240 --> 00:05:02,760 Speaker 1: in to with that. In perspective, they are willing to 86 00:05:02,800 --> 00:05:07,039 Speaker 1: shut down the government, not pass the debt ceiling, not 87 00:05:07,240 --> 00:05:11,279 Speaker 1: provide disaster relief. Bottom line is, as long as you 88 00:05:12,040 --> 00:05:18,240 Speaker 1: undermine the security of Israeli women, children and citizens, that 89 00:05:18,400 --> 00:05:21,600 Speaker 1: was their price. It's stunning turnaround because, as you know, 90 00:05:22,080 --> 00:05:25,840 Speaker 1: our friendship and support with Israel has been bipartisan for 91 00:05:25,880 --> 00:05:29,320 Speaker 1: so long. I've seen these same leaders step up and 92 00:05:29,440 --> 00:05:33,160 Speaker 1: pledge their bipartis support. We saw that go away under 93 00:05:33,200 --> 00:05:37,120 Speaker 1: the rand Nuclear Deal. Now stealing a billion dollars from 94 00:05:37,200 --> 00:05:41,120 Speaker 1: Diron Dome. It is not the same party that you 95 00:05:41,200 --> 00:05:44,640 Speaker 1: know of here on Capitol Hill. When I'm a speaker, 96 00:05:44,760 --> 00:05:50,120 Speaker 1: we had some Congressional delegation trips to Saudi Arabia after 97 00:05:50,279 --> 00:05:55,400 Speaker 1: Saddam had seized Kuwait and flying over there as part 98 00:05:55,480 --> 00:05:58,760 Speaker 1: of a bipartisan delegation. You know, I found myself sitting 99 00:05:58,800 --> 00:06:01,760 Speaker 1: up at two in the morning chatting and playing cards 100 00:06:01,760 --> 00:06:04,800 Speaker 1: with Danny Rostenkowski, who was the chairman of your committee 101 00:06:04,800 --> 00:06:07,200 Speaker 1: at that time. I get the sense that you don't 102 00:06:07,200 --> 00:06:12,360 Speaker 1: have anything like the same level of camaraderie, that somehow 103 00:06:12,400 --> 00:06:14,919 Speaker 1: the system is broken down at a human level and 104 00:06:15,000 --> 00:06:18,440 Speaker 1: it's much harder to this just really forge those things. 105 00:06:18,560 --> 00:06:21,400 Speaker 1: Is that accurate or is that just a press coverage? Well, 106 00:06:21,720 --> 00:06:25,880 Speaker 1: partially accurate. I think. Look, as conservatives, we fight hard 107 00:06:25,880 --> 00:06:29,000 Speaker 1: every day against bad ideas into champion ours, but you 108 00:06:29,120 --> 00:06:31,839 Speaker 1: also fight to find those common grounds where you can. 109 00:06:32,320 --> 00:06:35,120 Speaker 1: And we've had success in ways and means in a 110 00:06:35,200 --> 00:06:38,080 Speaker 1: number of areas, from repealing the three of the worst 111 00:06:38,080 --> 00:06:42,480 Speaker 1: Obamacare taxes to reforming retirement in this new band on 112 00:06:42,520 --> 00:06:45,560 Speaker 1: surprise medical ability. We did it together. But this year 113 00:06:45,960 --> 00:06:50,479 Speaker 1: it's zero new. There is not a discussion on anything 114 00:06:50,520 --> 00:06:53,920 Speaker 1: of merit or of value in a biparson way. Does 115 00:06:53,960 --> 00:06:58,599 Speaker 1: that change? I would hope so. But Democrats believe, I 116 00:06:58,680 --> 00:07:02,600 Speaker 1: think rightly so, they're losing the majority next November. They're 117 00:07:02,640 --> 00:07:07,040 Speaker 1: going for it all with this big government socialism. They're 118 00:07:07,080 --> 00:07:09,479 Speaker 1: going all in on and that's what we're seeing. By 119 00:07:09,480 --> 00:07:12,200 Speaker 1: the way, just as a side story, you've been chairman, 120 00:07:12,400 --> 00:07:15,880 Speaker 1: you'll be chairman again. In nineteen ninety four, one of 121 00:07:15,920 --> 00:07:18,040 Speaker 1: the last events I did is in the galleria in 122 00:07:18,120 --> 00:07:22,080 Speaker 1: Houston for Bill Archer. Yeah, he'd been in Congress since 123 00:07:22,200 --> 00:07:24,560 Speaker 1: nineteen seventy two. As you know, he's very bright guy, 124 00:07:24,680 --> 00:07:28,320 Speaker 1: very hard working, very tough conservative. And we're walking down 125 00:07:28,400 --> 00:07:32,240 Speaker 1: the corridor towards his fundraising event. This is the Saturday, 126 00:07:32,360 --> 00:07:35,880 Speaker 1: a week before the election, and we had been out 127 00:07:35,880 --> 00:07:38,120 Speaker 1: of power for forty years and we were used to losing. 128 00:07:38,720 --> 00:07:41,280 Speaker 1: I turned to Bill and I said, I hope you 129 00:07:41,360 --> 00:07:44,600 Speaker 1: and Phil, who is an executive assistant, I hope you 130 00:07:44,600 --> 00:07:47,560 Speaker 1: guys are preparing to take over Ways and Means next Tuesday. 131 00:07:48,520 --> 00:07:52,200 Speaker 1: And he said, well, what are you talking about. I said, Bill, 132 00:07:52,320 --> 00:07:55,200 Speaker 1: we're going to pick up fifty three seats. You're going 133 00:07:55,240 --> 00:07:58,680 Speaker 1: to be chairman. And he literally stopped in mid stride 134 00:07:59,080 --> 00:08:02,720 Speaker 1: because it was such a strange idea that Republicans could 135 00:08:02,720 --> 00:08:05,280 Speaker 1: actually be in a majority. They never had been since 136 00:08:05,320 --> 00:08:07,840 Speaker 1: he'd been there in seventy two. He became, of course, 137 00:08:07,880 --> 00:08:10,520 Speaker 1: one of the keys to how we balanced the budget 138 00:08:10,560 --> 00:08:14,000 Speaker 1: for four straight years and at the time, and you 139 00:08:14,040 --> 00:08:16,560 Speaker 1: know him well, so you know, he was a sort 140 00:08:16,560 --> 00:08:20,360 Speaker 1: of very cautious, very conservative guy. We set up the 141 00:08:20,440 --> 00:08:24,800 Speaker 1: Thomas system to bring congressional bills online, so anybody in 142 00:08:25,080 --> 00:08:28,160 Speaker 1: the world who wanted to could download them. We got 143 00:08:28,240 --> 00:08:31,040 Speaker 1: Bill to be the guy who introduced the tax cut 144 00:08:31,960 --> 00:08:34,640 Speaker 1: and read off of a card the urel for how 145 00:08:34,679 --> 00:08:36,480 Speaker 1: you could have download it. It was the first time 146 00:08:36,480 --> 00:08:38,680 Speaker 1: it had ever been done, and we just thought somehow. 147 00:08:38,840 --> 00:08:41,760 Speaker 1: Having Archer, who'd been there since seventy two, who was 148 00:08:41,840 --> 00:08:45,840 Speaker 1: kind of this very cautious conservative guy, introduced the Internet 149 00:08:45,880 --> 00:08:49,120 Speaker 1: to the House was a perfect symbol of how much 150 00:08:49,280 --> 00:08:51,560 Speaker 1: and I thought, as a Texan and a personal friend 151 00:08:51,559 --> 00:08:53,839 Speaker 1: of Bills, that you do like it, but you're in 152 00:08:53,880 --> 00:08:56,440 Speaker 1: a different situation because you guys have been in a majority. 153 00:08:56,800 --> 00:08:59,120 Speaker 1: You know how to be in a majority. I think 154 00:08:59,320 --> 00:09:02,000 Speaker 1: personally going to be in a very big majority next year, 155 00:09:02,520 --> 00:09:04,120 Speaker 1: and I think you're going to be able to move 156 00:09:04,160 --> 00:09:07,320 Speaker 1: back to doing positive things. But before we talk about 157 00:09:07,360 --> 00:09:11,760 Speaker 1: your positive agenda, could you help people understand just how 158 00:09:11,840 --> 00:09:15,960 Speaker 1: really bad the three trillion dollars tax increased side of this, 159 00:09:16,559 --> 00:09:19,880 Speaker 1: Bernie Sanders big government socialism is Thanks for telling me 160 00:09:19,880 --> 00:09:23,520 Speaker 1: about Chairman Archer. He was a mentor to me and 161 00:09:23,679 --> 00:09:26,800 Speaker 1: I followed him on the ways and means after he left. 162 00:09:27,120 --> 00:09:29,680 Speaker 1: He is one of my favorite people ever, So thank 163 00:09:29,679 --> 00:09:32,040 Speaker 1: you for telling me that. So here we have more 164 00:09:32,080 --> 00:09:35,080 Speaker 1: than two trillion dollars and tax hikes, over a trillion 165 00:09:35,080 --> 00:09:38,720 Speaker 1: dollars for Green New Deal subsidies and new entitlement programs. 166 00:09:39,440 --> 00:09:43,559 Speaker 1: Never has Washington spent so much money to kill more 167 00:09:43,600 --> 00:09:48,280 Speaker 1: American jobs, drive prices even higher, and impose the largest 168 00:09:48,280 --> 00:09:50,840 Speaker 1: expense in the welfare state in our lifetime. On the 169 00:09:50,880 --> 00:09:55,600 Speaker 1: tax side, it is following President Biden's surrender of the Taliban. 170 00:09:55,840 --> 00:09:58,520 Speaker 1: Here we have an economic surrender to China, Rush and 171 00:09:58,640 --> 00:10:02,480 Speaker 1: Japan in Europe by saddling US businesses with some of 172 00:10:02,480 --> 00:10:05,080 Speaker 1: the worst tax rates in the world. We estimate this 173 00:10:05,160 --> 00:10:08,880 Speaker 1: will kill about three million American jobs, drive a lot 174 00:10:08,920 --> 00:10:12,120 Speaker 1: of them back overseas, and really make it better to 175 00:10:12,160 --> 00:10:15,360 Speaker 1: be a foreign company and worker than an American one. 176 00:10:15,840 --> 00:10:19,360 Speaker 1: There are five tax hikes on our main street small businesses, 177 00:10:19,400 --> 00:10:22,240 Speaker 1: all of which, as they are struggling to get back 178 00:10:22,280 --> 00:10:25,640 Speaker 1: on their feet and get people back to work, we're 179 00:10:25,679 --> 00:10:29,000 Speaker 1: hammering them with nearly a trillion dollars or at least 180 00:10:29,040 --> 00:10:34,000 Speaker 1: Democrats are of tax hikes, as well as exposing many 181 00:10:34,040 --> 00:10:37,000 Speaker 1: more of them to the death tax, forcing them to 182 00:10:37,000 --> 00:10:39,880 Speaker 1: sell off their family on farms or business to pay 183 00:10:39,920 --> 00:10:44,079 Speaker 1: the irs. The President breaks his pledge not to tax 184 00:10:44,080 --> 00:10:46,280 Speaker 1: Americans under four hundred thousand, and you don't have to 185 00:10:46,280 --> 00:10:49,760 Speaker 1: take my word for it. The official scorekeeper of Congress 186 00:10:49,840 --> 00:10:54,079 Speaker 1: Joint Committee on Taxation confirms that two thirds of the 187 00:10:54,160 --> 00:10:58,320 Speaker 1: corporate tax hikes land on working families. And the Tax 188 00:10:58,360 --> 00:11:01,800 Speaker 1: Policy Center, you may remember, and very left leaning, they 189 00:11:01,920 --> 00:11:06,360 Speaker 1: estimate about seventy five throughout of four low incommoderate families 190 00:11:06,360 --> 00:11:10,280 Speaker 1: will see tax increases starting next year and rising over 191 00:11:10,400 --> 00:11:14,720 Speaker 1: nine That's a surface amount, but the bottom line is 192 00:11:15,400 --> 00:11:21,640 Speaker 1: it cripples our economic growth. It drives investment, research, manufacturing 193 00:11:21,679 --> 00:11:26,199 Speaker 1: back overseas after we brought it back home under tax reform. 194 00:11:26,760 --> 00:11:33,600 Speaker 1: It punishes individuals who, rather than consume, decide to invest 195 00:11:33,960 --> 00:11:38,520 Speaker 1: back in their business, in their local community, perhaps in stocks. 196 00:11:38,559 --> 00:11:42,320 Speaker 1: In the US economy, it punishes them in a big way. 197 00:11:42,320 --> 00:11:43,760 Speaker 1: And new to as you know, we've got sort of 198 00:11:43,760 --> 00:11:46,880 Speaker 1: an investment infrastructure in our tax code, one of the 199 00:11:46,880 --> 00:11:49,640 Speaker 1: best in the world. We drive investment to the local 200 00:11:49,640 --> 00:11:52,800 Speaker 1: community and to the US. They take direct aim at that, 201 00:11:52,920 --> 00:11:57,079 Speaker 1: and I think the goal here is to shift who invests. 202 00:11:57,760 --> 00:12:00,439 Speaker 1: Is it you as an individual, you as a business person, 203 00:12:00,559 --> 00:12:03,800 Speaker 1: you in your community, and shift those decisions to Washington, 204 00:12:03,960 --> 00:12:08,640 Speaker 1: where Joe Biden and Nancy Plosi decide if you're deemed 205 00:12:08,679 --> 00:12:12,920 Speaker 1: worthy of being invested in as a community. And I'm 206 00:12:12,920 --> 00:12:32,040 Speaker 1: just getting started. These are crippling tax signs. Well, your 207 00:12:32,040 --> 00:12:35,440 Speaker 1: team has put together a remarkable set of explanations of 208 00:12:35,559 --> 00:12:38,800 Speaker 1: things that are wrong. If people go to the House 209 00:12:38,840 --> 00:12:42,120 Speaker 1: ways and means Committee Republican, what's the right u RL 210 00:12:42,800 --> 00:12:45,560 Speaker 1: ways and means GOP, and all of that is right 211 00:12:45,600 --> 00:12:49,320 Speaker 1: there and easy to access. It's really a remarkable package 212 00:12:49,320 --> 00:12:51,120 Speaker 1: of things. And you know, you made a point that 213 00:12:51,200 --> 00:12:56,160 Speaker 1: I think we didn't probably drive hard enough in twenty twenty, 214 00:12:56,200 --> 00:13:00,600 Speaker 1: and that is that the two seventeen tax cuts, combined 215 00:13:00,600 --> 00:13:04,680 Speaker 1: with regulatory reform, had led to the lowest Black unemployment 216 00:13:04,679 --> 00:13:10,120 Speaker 1: in history, the lowest Latino unemployment by February of twenty twenty, 217 00:13:10,280 --> 00:13:13,760 Speaker 1: when COVID began to hit. Things were really about economically 218 00:13:13,840 --> 00:13:18,000 Speaker 1: moving as correctly and as enthusiastically as you could hope for. 219 00:13:18,440 --> 00:13:21,800 Speaker 1: And that came directly out of your work in passing 220 00:13:21,800 --> 00:13:27,200 Speaker 1: the twenty seventeen bill. It did, and it's remarkable what 221 00:13:27,440 --> 00:13:31,320 Speaker 1: free market capitalism can do. Twenty nineteen's my new favorite 222 00:13:31,360 --> 00:13:34,160 Speaker 1: year after the year I was born twenty nineteen is 223 00:13:34,160 --> 00:13:37,719 Speaker 1: now my favorite, close second. But we'd had the new 224 00:13:37,760 --> 00:13:41,640 Speaker 1: tax code, we'd watched our economy leap frog back to 225 00:13:41,679 --> 00:13:43,800 Speaker 1: the number one most competitive economy in the world. But 226 00:13:44,120 --> 00:13:47,000 Speaker 1: what you and I pay attention to in twenty nineteen, 227 00:13:47,000 --> 00:13:50,760 Speaker 1: in one year, household income, how much families had in 228 00:13:50,800 --> 00:13:54,280 Speaker 1: their budgets, grew more in one year than in all 229 00:13:54,320 --> 00:13:58,520 Speaker 1: eight years of the Obama Biden White House combined. So 230 00:13:58,640 --> 00:14:02,520 Speaker 1: families had real purchasing power. In fact, paychecks were going 231 00:14:02,600 --> 00:14:05,600 Speaker 1: up twice as fast as prices. The second thing is, 232 00:14:05,640 --> 00:14:09,319 Speaker 1: as you said, poverty hit the lowest rate since America 233 00:14:09,400 --> 00:14:11,880 Speaker 1: launched the War on Poverty, and it was because we 234 00:14:11,960 --> 00:14:15,320 Speaker 1: were drawing people off the sidelines, just like welfare reform did. 235 00:14:15,679 --> 00:14:20,600 Speaker 1: That you led giving him better job opportunities in better paychecks. 236 00:14:20,640 --> 00:14:23,800 Speaker 1: The old tax code left them behind. But the third 237 00:14:23,800 --> 00:14:28,360 Speaker 1: thing I'm really proud of twenty nineteen, income inequality began 238 00:14:28,440 --> 00:14:31,400 Speaker 1: to shrink for the first time, frankly and more than 239 00:14:31,480 --> 00:14:35,200 Speaker 1: half a century. And it was because paychecks and growth 240 00:14:35,520 --> 00:14:39,360 Speaker 1: were happening at the low income, low skilled, blue collar 241 00:14:39,440 --> 00:14:42,440 Speaker 1: workers much more than it was for those who were 242 00:14:42,480 --> 00:14:46,800 Speaker 1: well off. And so I'm convinced that Absent COVID, the 243 00:14:47,080 --> 00:14:49,920 Speaker 1: President Trump would have been the first president to finish 244 00:14:50,000 --> 00:14:54,440 Speaker 1: his first term having shrunk income inequality. And here's my point. 245 00:14:55,240 --> 00:14:59,160 Speaker 1: Government didn't do any of that. Government couldn't achieve any 246 00:14:59,200 --> 00:15:03,880 Speaker 1: of those long standing social goals. Economic freedom did. Free 247 00:15:03,920 --> 00:15:08,600 Speaker 1: market capitalism, you know, investing in your business, in your workers, 248 00:15:08,640 --> 00:15:12,360 Speaker 1: in your community grew those opportunities. That's what we're fighting for. 249 00:15:12,520 --> 00:15:17,600 Speaker 1: It's not corporations, it's not specific industries. It's for the workers, 250 00:15:17,720 --> 00:15:20,920 Speaker 1: the retirees, it's for the customers. It's for the communities. 251 00:15:21,120 --> 00:15:23,840 Speaker 1: And that's what's at stake here. Well, and I think 252 00:15:23,880 --> 00:15:26,600 Speaker 1: that it's important for people to realize how human this is. 253 00:15:27,040 --> 00:15:33,040 Speaker 1: And frankly, I'm sort of amazed that the left doesn't 254 00:15:33,120 --> 00:15:36,840 Speaker 1: understand how devastating big government socialism is. You know, they 255 00:15:36,840 --> 00:15:39,920 Speaker 1: look at Venezuela, they look at Zimbabwe, they look at Cuba. 256 00:15:40,160 --> 00:15:46,240 Speaker 1: There are no examples of successful prosperity creating and freedom 257 00:15:46,360 --> 00:15:50,840 Speaker 1: enhancing big government social systems. And yet they want the power. 258 00:15:50,880 --> 00:15:52,400 Speaker 1: They want to be able to pay off their union 259 00:15:52,400 --> 00:15:56,160 Speaker 1: allies and their other allies, and they'd rather have a 260 00:15:56,240 --> 00:16:00,800 Speaker 1: smaller country and a smaller economy with them controlling. Then 261 00:16:00,920 --> 00:16:04,000 Speaker 1: have the kind of country that freedom creates, and that 262 00:16:04,080 --> 00:16:07,960 Speaker 1: you've been so committed to. It's remarkable. Well, I know 263 00:16:08,080 --> 00:16:11,520 Speaker 1: this what we learned on your speakership, and we've continued 264 00:16:11,560 --> 00:16:14,880 Speaker 1: to preserve it. In fact, we passed a second to 265 00:16:15,080 --> 00:16:18,560 Speaker 1: Jobs for Success, to preserve and build on your welfare reform. 266 00:16:19,280 --> 00:16:23,280 Speaker 1: That when you reward work, when you encourage people and 267 00:16:23,440 --> 00:16:27,920 Speaker 1: help them reconnect for the opportunities of economic freedom, is 268 00:16:27,960 --> 00:16:32,120 Speaker 1: so much bigger than just sending a government check. Poverty 269 00:16:32,240 --> 00:16:34,920 Speaker 1: is never about just a check. There is so much 270 00:16:34,960 --> 00:16:38,880 Speaker 1: more going on, and we know what the rioting sentives. 271 00:16:39,360 --> 00:16:41,800 Speaker 1: We lifted millions of people out of poverty in two 272 00:16:41,880 --> 00:16:45,560 Speaker 1: years under just a little more free market capitalism, and 273 00:16:45,600 --> 00:16:48,760 Speaker 1: we can do it again. Democrats, I worry they're going 274 00:16:48,800 --> 00:16:53,920 Speaker 1: to hook them into another era of government dependency that frankly, 275 00:16:54,000 --> 00:16:57,520 Speaker 1: you lad, and we've all worked hard to try to 276 00:16:57,560 --> 00:17:01,800 Speaker 1: move people away from that, and worry about that spending 277 00:17:01,840 --> 00:17:06,080 Speaker 1: in those welfare state expansions. I think almost as much 278 00:17:06,160 --> 00:17:09,520 Speaker 1: or more as the taxachs. I think that's right. Let's 279 00:17:09,520 --> 00:17:12,080 Speaker 1: go straight back to Ronald Reagan who said the best 280 00:17:12,080 --> 00:17:15,280 Speaker 1: social program as a job if we become a country 281 00:17:15,720 --> 00:17:19,119 Speaker 1: where people think their primary job is to apply to 282 00:17:19,200 --> 00:17:22,440 Speaker 1: some bureaucrat for money. We will have ceased to be 283 00:17:23,000 --> 00:17:25,320 Speaker 1: the kind of dynamic country we've been. We're going to 284 00:17:25,440 --> 00:17:27,919 Speaker 1: run out of time because you're extraordinarily busy, but I 285 00:17:27,960 --> 00:17:30,639 Speaker 1: have to take one or two minutes, since you're a 286 00:17:30,720 --> 00:17:33,959 Speaker 1: Texan and ask you what's your view of what's happening 287 00:17:33,960 --> 00:17:38,000 Speaker 1: on the border. It's indescribable, nute. We've never seen it 288 00:17:38,680 --> 00:17:43,040 Speaker 1: at this level, this intensity, and frankly, there's no end inside. 289 00:17:43,240 --> 00:17:46,320 Speaker 1: You talk to the border agents down there, they've never 290 00:17:46,320 --> 00:17:48,560 Speaker 1: seen this before, and you ask them, so, how does 291 00:17:48,600 --> 00:17:52,720 Speaker 1: this play out? In Their answer is how many migrants 292 00:17:52,720 --> 00:17:56,160 Speaker 1: are there in Central America. There is no slowing down 293 00:17:56,200 --> 00:18:01,159 Speaker 1: of this, There is no acknowledging this. Migrant levels are 294 00:18:01,240 --> 00:18:04,120 Speaker 1: a twenty year high. They can't handle all of this, 295 00:18:04,160 --> 00:18:06,879 Speaker 1: and the White House is simply in denial. And I 296 00:18:06,880 --> 00:18:10,960 Speaker 1: would make this point too newt Those border agents they 297 00:18:11,000 --> 00:18:14,560 Speaker 1: mainly grew up around there, so they're not just securing 298 00:18:15,040 --> 00:18:19,160 Speaker 1: the country, they're securing their neighborhoods and communities. And we're 299 00:18:19,200 --> 00:18:24,040 Speaker 1: seeing in Del Rio before even this Haitian migrant surge, 300 00:18:24,720 --> 00:18:29,200 Speaker 1: you know, car chases, property damage, people afraid to come 301 00:18:29,200 --> 00:18:32,040 Speaker 1: out their homes. That's up and down the border. It 302 00:18:32,520 --> 00:18:35,520 Speaker 1: really is indescribable. None of us have seen this before, 303 00:18:36,000 --> 00:18:38,640 Speaker 1: and there is no end insight. You know, Gallup does 304 00:18:38,680 --> 00:18:41,160 Speaker 1: a world pole and a couple of years ago they 305 00:18:41,160 --> 00:18:43,000 Speaker 1: asked how many people would like to come to the 306 00:18:43,119 --> 00:18:46,760 Speaker 1: US and it was about sixty five million. Because we 307 00:18:46,800 --> 00:18:48,399 Speaker 1: are now getting good nay ends and acroase. You have 308 00:18:48,400 --> 00:18:50,800 Speaker 1: Haitians who I still can't figure out how they're getting 309 00:18:50,800 --> 00:18:54,000 Speaker 1: from Haiti to Mexico to come across the border. But 310 00:18:54,520 --> 00:18:57,840 Speaker 1: I saw some footage this week. It looks like an invasion. 311 00:18:57,880 --> 00:19:00,280 Speaker 1: I mean, you have ten to twelve thousand people sing 312 00:19:00,280 --> 00:19:03,040 Speaker 1: the Rio grand is a group. I mean, this is 313 00:19:03,119 --> 00:19:06,080 Speaker 1: nothing like what you and I saw when we were young. Yeah. No, 314 00:19:06,280 --> 00:19:08,399 Speaker 1: And with the Haitians, you know, I think all of 315 00:19:08,480 --> 00:19:11,440 Speaker 1: us were surprised how fast that word went out. Many 316 00:19:11,480 --> 00:19:14,120 Speaker 1: of them had already fled their country was in Central America. 317 00:19:14,480 --> 00:19:16,880 Speaker 1: The word went out, you know, the borders are open, 318 00:19:17,520 --> 00:19:20,919 Speaker 1: go for it, and they have in record numbers. And 319 00:19:21,000 --> 00:19:25,840 Speaker 1: again the administration's response has just been horrendous. I know, 320 00:19:25,920 --> 00:19:28,160 Speaker 1: it puts a huge pressure on the state of Texas, 321 00:19:28,200 --> 00:19:30,840 Speaker 1: and you know, the primary recipients, But I want to 322 00:19:30,880 --> 00:19:32,520 Speaker 1: thank you, and I just want to emphasize for our 323 00:19:32,520 --> 00:19:36,520 Speaker 1: friends who are listening. Kevin Brady leads I think one 324 00:19:36,560 --> 00:19:39,560 Speaker 1: of the most effective committee teams in the entire Congress 325 00:19:39,600 --> 00:19:43,240 Speaker 1: househource Inate. He did an amazing job as chairman. He's 326 00:19:43,280 --> 00:19:46,639 Speaker 1: doing a remarkable job now and his knowledge of the 327 00:19:46,680 --> 00:19:49,080 Speaker 1: tax code and of how to get things done is 328 00:19:49,119 --> 00:19:53,119 Speaker 1: a real factor in Kevin McCarthy's team. And for you 329 00:19:53,200 --> 00:19:55,480 Speaker 1: to take time out in the middle of this particular week, 330 00:19:55,920 --> 00:19:58,280 Speaker 1: I'm very much in your debt for sharing with us. 331 00:19:58,640 --> 00:20:02,320 Speaker 1: No Speaker, thank you again for all your leadership. In frankly, 332 00:20:02,400 --> 00:20:06,080 Speaker 1: no one is a better messenger for why these conservative 333 00:20:06,119 --> 00:20:10,760 Speaker 1: economic why they help real working family. So thank you 334 00:20:10,840 --> 00:20:14,200 Speaker 1: for that. Right, We'll keep talking and you keep working. Okay, deal, 335 00:20:14,400 --> 00:20:19,720 Speaker 1: it's a deal. Good to see it. Thank you to 336 00:20:19,760 --> 00:20:23,080 Speaker 1: my guest Congressman Kevin Brady. You can read the top 337 00:20:23,160 --> 00:20:26,440 Speaker 1: ten reasons to oppose the Democrats Ways and Means Reconciliation 338 00:20:26,520 --> 00:20:29,800 Speaker 1: Bill on our showpage at Newtsworld dot com. And we 339 00:20:29,880 --> 00:20:32,919 Speaker 1: also have a link so you can get the Republican 340 00:20:33,000 --> 00:20:36,440 Speaker 1: Ways and Means Committee continuing the issue of press releases 341 00:20:36,480 --> 00:20:41,119 Speaker 1: and other information Newtsworld is produced by Gingerish three sixty 342 00:20:41,160 --> 00:20:46,200 Speaker 1: and iHeartMedia. Our executive producer is Debbie Myers, our producer 343 00:20:46,280 --> 00:20:50,280 Speaker 1: is Guardensi Sloan, and our researcher is Rachel Peterson. The 344 00:20:50,440 --> 00:20:54,600 Speaker 1: artwork for the show was created by Steve Penley. Special 345 00:20:54,640 --> 00:20:57,320 Speaker 1: thanks to the team at Gingerish three sixty. If you've 346 00:20:57,320 --> 00:21:00,000 Speaker 1: been enjoying Newtsworld, I hope you'll go to Apple podcast 347 00:21:00,040 --> 00:21:03,000 Speaker 1: Test and both rate us with five stars and give 348 00:21:03,080 --> 00:21:05,800 Speaker 1: us a review so others can learn what it's all about. 349 00:21:06,640 --> 00:21:08,840 Speaker 1: Right now, listeners of news World can sign up from 350 00:21:08,840 --> 00:21:12,199 Speaker 1: my three free weekly columns at Gingrich sweet sixty dot 351 00:21:12,280 --> 00:21:16,600 Speaker 1: com slash newsletter. I'm newt Gingrich. This is newts World.