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Speaker 1: Good evening, America, and welcome to this Just the News,

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Speaker 1: Real America's Voice special report breaking down the Big Beautiful Bill,

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Speaker 1: or as it's now called in Washington. The BBB all

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Speaker 1: brought to you in partnership with our good friends at

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Speaker 1: the Association for Mature American Citizens are better known as AMAC.

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Speaker 2: ALL.

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Speaker 1: Throughout tonight's show, we're going to be taking a deep

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Speaker 1: dive into President Trump's signature legislative bill, exploring whether it

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Speaker 1: can deliver on economic growth, regin in federal spending, deal

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Speaker 1: with healthcare costs, and address concerns about the national debt.

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Speaker 2: President Trump's legislative push is.

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Speaker 1: Being put to the test, but according to the White House,

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Speaker 1: this bill could set America on a path of prosperity.

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Speaker 1: We'll also examine the opposition to some things in the

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Speaker 1: bill from Republicans to the Senate and the Pencil, and

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Speaker 1: the potential for compromise with the incredible lineup of guests

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Speaker 1: we have for you tonight, starting with President Trump's Director

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Speaker 1: for the National Economic Council, Kevin Hassett. He's going to

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Speaker 1: kick things off. He'll break down the Big Beautiful Bill

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Speaker 1: and give you some surprising new numbers on what it's

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Speaker 1: going to do to the economy. We also have Senator

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Speaker 1: Ron Johnson from the great state of Wisconsin, a leading

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Speaker 1: voice in the Senate Republican opposition to the bill. Why

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Speaker 1: he wants more cuts than spending. We'll see when he

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Speaker 1: can get downe on that. Congress and Burgess Owens will

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Speaker 1: be here to discuss why he voted to pass the

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Speaker 1: bill out of the House. And then Phil Kirkpan will

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Speaker 1: be here, the President of the American Commitment, to discuss

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Speaker 1: the bill's regulatory reforms and the controversial sought the state

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Speaker 1: in local tax deductions, along with the bill's impact on

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Speaker 1: federal health spending. And finally, we'll end tonight with a

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Speaker 1: great conversation with our good friend Andy Manjoni. He's AMAX

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Speaker 1: Action Senior Vice President, basically the field general for the grassroots.

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Speaker 2: He's going to be here to.

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Speaker 1: Talk about Medicare reform and the great things happening with

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Speaker 1: social Security. We'll cover all that, But before I get

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Speaker 1: started and all that great lineup, I want to bring

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Speaker 1: in my amazing gos for the evening. He's AMAX Senior

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Speaker 1: vice President, Charles. Great to have you on the show.

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Speaker 3: Thank you, John.

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Speaker 4: It's great to be here and what important conversation we're

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Speaker 4: having tonight.

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Speaker 3: At AMAC.

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Speaker 4: We represent over two million conservative Americans, people who believe

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Speaker 4: in personal responsibility, smaller government, and protecting the future for

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Speaker 4: their children and their grandchildren. So they're not just interested

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Speaker 4: in political theater anymore. They want results, and they've been

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Speaker 4: waiting a long time for Washington to take bold action.

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Speaker 4: So tonight's discussion around President Trump's budget bill isn't just

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Speaker 4: about dollars and cents. It's about restoring sanity to the

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Speaker 4: way that we govern. It's about stopping endless cycles of

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Speaker 4: reckless spending, reigning in the federal bureaucracy, and finally putting

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Speaker 4: working Americans first, especially our seniors who feel the pressure

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Speaker 4: of rising costs.

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Speaker 3: More than anyone else.

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Speaker 4: So happy to be here, looking forward to the conversation, John, Yeah.

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Speaker 2: I am too. It's going to be great.

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Speaker 1: And AMAC is on the front lines helping to get

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Speaker 1: this bill over the finish line. You've unleashed a big army.

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Speaker 1: I know we're going to talk about that later in

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Speaker 1: a show. But the patriots of AMAC are inaction, aren't they.

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Speaker 3: Absolutely, they take this very seriously.

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Speaker 4: They're looking for multiple reform levels on spending, healthcare, PBMs,

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Speaker 4: drug pricing, foreign investment. We have a wide variety of

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Speaker 4: members in the US and they're all watching this big

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Speaker 4: beautiful bill very intently.

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Speaker 2: Yeah, so important.

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Speaker 1: It's amazing to watch the great work that amac's action

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Speaker 1: team does. We're going to get to that later in

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Speaker 1: the show. All throughout the show, folks go to AMAC

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Speaker 1: dot uslash JUSTINWS a very special offer. We're going to

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Speaker 1: tell you about it at the end of this block.

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Speaker 1: But first, exciting way to kick off. All right, time

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Speaker 1: to get to our first guys joining us now. We're

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Speaker 1: very lucky to kick off the show with the Director

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Speaker 1: of the National Economic Council for the President of the

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Speaker 1: United States, Kevin Hasse.

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Speaker 2: Kevin, great to have you on the show.

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Speaker 3: It's great to be here.

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Speaker 2: Thanks for having me. There is a lot of buzz.

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Speaker 1: In fact, I haven't seen Washington vibrate like this in

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Speaker 1: a long time. The velocity of Trump change is extraordinary.

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Speaker 1: Big beautiful bill through the house. Tell us what's going

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Speaker 1: on behind the scenes. How's it going with the Senate?

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Speaker 1: What should we be looking for in that chamber?

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Speaker 3: Right?

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Speaker 5: Well, I think that what you need to be looking

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Speaker 5: for is success, because that's the only thing that we're

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Speaker 5: going to accept. If Republicans in the Senate don't pass

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Speaker 5: the big, beautiful bill, then we're going to see the

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Speaker 5: biggest tax hike as the previous tax cuts expire, the

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Speaker 5: biggest tax hike that we've ever had in US history.

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Speaker 5: If we have that tax hike, the couscle of economic

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Speaker 5: advisors here the Way is estimated that we'll have a recession,

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Speaker 5: a really deep procession with maybe a decline of four

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Speaker 5: percent of GDP. And if we pass the bill, on

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Speaker 5: the other hand, then you're going to see really striking

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Speaker 5: economic growth, just like we saw in twenty eighteen and

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Speaker 5: twenty nineteen, and our own models that said we'd have

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Speaker 5: that four thousand dollars increase in income. Do you remember that, John,

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Speaker 5: They now say that we're going to get ten thousand

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Speaker 5: an income for the typical family over just a few years.

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Speaker 5: And so the stakes are really high, and the bill's

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Speaker 5: going to pass, and so what's going to happen is

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Speaker 5: that between now and then that what I would advise

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Speaker 5: people to do, that your loyal viewers, is to keep

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Speaker 5: your eye on the horizon and remember that when you're

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Speaker 5: in a boat and if you're looking down at your feet,

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Speaker 5: then you might get seasick. But if you're looking at

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Speaker 5: the horizon, then you're going to see really golden age

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Speaker 5: the horizon, and it'll be here probably by the fourth

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Speaker 5: of July, certainly by recess.

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Speaker 3: I like it absolutely. I love the confidence.

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Speaker 4: So many Americans are still feeling the effects of the prices.

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Speaker 4: They're watching closely for the policies that can offer the

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Speaker 4: relief you're talking about. So, how how do you expect

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Speaker 4: this legislation to impact inflation and job growth?

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Speaker 2: Right?

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Speaker 5: Well, the way to think about it is that let's

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Speaker 5: suppose it our economy. Let's I get to be economists

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Speaker 5: now and then not, you know, So, let's suppose the

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Speaker 5: economy is just like an apple tree, and then we

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Speaker 5: got an apple tree and some apples, and then we

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Speaker 5: plant another apple tree. Then we got more apples.

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Speaker 2: And so if.

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Speaker 5: GDP is just how many apples do we got, then

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Speaker 5: we get more GDP because we got more apples. But

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Speaker 5: what happens to the price of apples. It probably goes

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Speaker 5: down because we got twice as many apples. And so

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Speaker 5: what we got to do is plant more trees, bottom line,

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Speaker 5: And so how.

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Speaker 3: Do we plant more trees?

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Speaker 5: While we do things, like President Trump has said, make

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Speaker 5: it so that there's a huge tax benefit per factory

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Speaker 5: investment in the US, a tax benefit for the machines inside,

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Speaker 5: and even a huge tax benefit for the buildings. And

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Speaker 5: so for four years, these firms that build a new

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Speaker 5: building and put stuff in it and create jobs in America,

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Speaker 5: they get to expense the whole building. They get to

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Speaker 5: write it off against their taxes, which is going to

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Speaker 5: cause a massive building boom. If there's a massive building

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Speaker 5: boom and lots of job creation and lots of capital formation,

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Speaker 5: that it's just like planting a whole bunch of apple trees.

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Speaker 5: And so we're going to have a lot more apples,

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Speaker 5: and the price of apples isn't going to go up,

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Speaker 5: it's going to go down because we got more supply.

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Speaker 2: Yeah, that's amazing.

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Speaker 1: I want to break down that ten thousand dollars figure

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Speaker 1: because that is a pretty stunning figure. That's a combination

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Speaker 1: of tax savings and economic growth. Right, you're going to

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Speaker 1: see income churacus. People are just going to be able

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Speaker 1: to get more opportunity.

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Speaker 3: Yeah, that's exactly right.

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Speaker 5: And the way to think about it is that you've

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Speaker 5: seen that everybody said, Oh, the uncertainty over the taxes

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Speaker 5: of the tariffs is going to cause all like this,

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Speaker 5: like quasi recession, and activity is going to slow down

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Speaker 5: and consumers are going to not be able to buy stuff.

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Speaker 5: But in fact, you know, sales are way up and

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Speaker 5: the jobs reports have been surprising on the upside, and

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Speaker 5: inflation is down towards two percent because what's happening is

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Speaker 5: that there is an explosion of investment in new production

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Speaker 5: in the US and jobs in the US, and that's

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Speaker 5: basically where non inflationary growth comes from. So people don't

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Speaker 5: have to worry about inflation again under this president. Inflation

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Speaker 5: got out under control last time because what happened was

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Speaker 5: the the Democrats and President Biden they mailed check to people.

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Speaker 5: Remember they just mailed checks to people and the first term,

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Speaker 5: the first year of the Biden administration, and they didn't

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Speaker 5: do anything. In fact, they attacked supply, so they reduced supply,

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Speaker 5: so they cut down apple trees, and they mailed checks

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Speaker 5: to people, and so the few apples left people had

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Speaker 5: to buy, but they had mailed them all these checks,

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Speaker 5: and so the price apples went way up. But what

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Speaker 5: we're doing is we're not mailing checks to people. We're

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Speaker 5: giving people an incentive to go to work. We're giving

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Speaker 5: businesses an incentive to create jobs here in the US

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Speaker 5: and to build buildings of the US. And that's going

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Speaker 5: to be just absolutely a past prosperity in the US

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Speaker 5: that President Trump has discussed over and over again, the.

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Speaker 1: Way consumer confident has jumped way up, right, Kevin, that

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Speaker 1: was a big factor in the last couple of days.

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Speaker 5: Y's one of the biggest increases in consumer confident is

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Speaker 5: ever And the reason is exactly what we're talking about,

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Speaker 5: right that people now see in the data that you know.

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Speaker 5: So the left wing media is saying, oh, President Trump's

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Speaker 5: causes so much trouble, and oh the tariffs are going

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Speaker 5: to make it so when you go to Walmart, you're

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Speaker 5: not going to see anything and all that didn't happen,

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Speaker 5: and people now see that, in fact, there's a race

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Speaker 5: to participate in the Golden Age in America right now,

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Speaker 5: and firms are coming as fast as they can to

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Speaker 5: build stuff in the US, to create jobs in the US,

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Speaker 5: to rebuild factories. You saw President Trump announced the US

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Speaker 5: Steel deal. It's a really big, beautiful deal for US

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Speaker 5: steel where nip On Steel is putting in billions and

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Speaker 5: billions of dollars to revive old plants that had previously.

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Speaker 3: Been moth balled.

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Speaker 5: And that's exactly what we have in mind, not just

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Speaker 5: for western Pennsylvania, but for the whole country. That's going

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Speaker 5: to happen everywhere. And that's why it's a golden age.

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Speaker 5: And President Trump is like promising it, and I'll promise.

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Speaker 2: It as well.

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Speaker 3: Very confident, we love it here.

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Speaker 4: So this bill also proposes rollbacks, regulatory rollbacks in several sectors.

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Speaker 4: So we often see deregulation framed as a catalyst for

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Speaker 4: the growth and expansion. How meaningful is that regulatory reform

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Speaker 4: when it comes to driving real GDP gains?

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Speaker 5: Oh, it's huge, it's huge. But the problem with regulatory reform,

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Speaker 5: right is that when I say, oh, well, what are

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Speaker 5: we doing to deregulate, then well, to read the regulation

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Speaker 5: is going to make your brain heard, right, and then

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Speaker 5: to understand the regulation is going to be almost not

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Speaker 5: worth the effort if you're just an external viewer.

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Speaker 6: But you know that.

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Speaker 5: Regulations are really really harmful and costly to America businesses.

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Speaker 5: And one of the ways to think about deregulation that

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Speaker 5: I think aggregate. The positive influence of what we're doing

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Speaker 5: is that we've got maybe seven trillion dollars in commitments

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Speaker 5: from big US companies and foreign companies and some forard

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Speaker 5: sovereign wealth funds to build new factories and new things

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Speaker 5: here in the US. So why did they make that

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Speaker 5: commitment Because they know that they can do it safely.

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Speaker 5: Then it'll happen. Because if you promise to build a

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Speaker 5: factory in the US, we're going to cut the red tape.

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Speaker 5: You're going to get that factory built right away, and

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Speaker 5: so there before you should come.

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Speaker 3: And so I think the best metric.

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Speaker 5: Of what's happening with deregulation is all these people are

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Speaker 5: willing to put their money on the line and create

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Speaker 5: jobs of the US because they trust us that we're

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Speaker 5: not going to cover them up in red tape and

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Speaker 5: smother them in red tape and make it so that

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Speaker 5: nothing ever happens. And I think that's the best way

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Speaker 5: to think about the immediate results right now of deregulation.

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Speaker 1: Such a good point, Kevin. I wanted to ask a

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Speaker 1: little bit about trade deals. Those also are going to

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Speaker 1: bring some extraordinary new opportunities. Big ones already in the

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Speaker 1: House with such as Great Britain. When do you see

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Speaker 1: the next ones coming in? How do they also alter

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Speaker 1: this picture and continue to create optimism in America?

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Speaker 5: Yeah, well, the trade deals are really targeted to both

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Speaker 5: create jobs in the US, but also to create jobs

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Speaker 5: in the US by opening up their markets to our stuff.

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Speaker 5: And so one of the things that has happened in

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Speaker 5: the past is that we allow them access to our

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Speaker 5: markets other countries, and so their ferbs are selling things everywhere.

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Speaker 3: But when we try to sell stuff.

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Speaker 5: To them, like our agricultural products, you know, our beef,

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Speaker 5: our core that they say, oh no, no, you can't

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Speaker 5: have the beef because of this, can't have the corn

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Speaker 5: because you know, like we don't. We think it's genetically

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Speaker 5: modified or whatever it is. And so what these trade

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Speaker 5: deals are doing is that they're making a level playing field. Again,

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Speaker 5: they're giving us lots of tariff revenue, but they're also

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Speaker 5: creating access to foreign markets for US producers, US small

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Speaker 5: businesses at US agriculture.

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Speaker 3: Amazing in terms of ambition and design.

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Speaker 4: How does this bill compared to the twenty seventeen tax

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Speaker 4: reform you helped craft.

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Speaker 5: Oh yeah, it's the twenty seventeen bill. Maybe I guess

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Speaker 5: we'd say on steroids that it takes everything. Every lesson

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Speaker 5: we learned that created the three percent growth and the

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Speaker 5: sixty five hundred in increased income for the typical americand

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Speaker 5: and we multiplied it by two, and we added new

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Speaker 5: things like no tax on tips, no tax on overtime,

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Speaker 5: no tax on social Security, which are going to make

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Speaker 5: it so that the people who want to work hard

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Speaker 5: and want to have a better life in America are

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Speaker 5: richly rewarded to do that, both by the wage that

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Speaker 5: they get before tax and the wage that they get

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Speaker 5: after tax.

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Speaker 1: It's amazing, so much to watch, it's hard to keep up.

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Speaker 1: I don't know how you guys keep up with all

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Speaker 1: the velocity of stuff, but it's changing us.

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Speaker 3: Thanks, we try.

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Speaker 2: What a great honor to have you on the show today.

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Speaker 2: Thanks for joining us.

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Speaker 3: Thanks John, great to be great to have you guys.

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Speaker 1: All right, folks, we have much more ahead for you.

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Speaker 1: What a great conversation that was. You've got a lot

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Speaker 1: more like that over the next hour. While you're watching,

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Speaker 1: I also want you to head over to amac dot

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Speaker 1: this for just one dollar for a whole year. It's

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Speaker 1: an incredible deal. You know, get anything for a dollar, man,

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Speaker 1: it's a great deal. And we're going to do something

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Speaker 1: special tonight. If you sign up tonight, you're not only

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Speaker 1: going to get a whole year of Amax membership, You're

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Speaker 1: also going to get to attend my next private town

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Speaker 1: hall meeting. We have a VIP subscriber cover here.

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Speaker 2: At this news. Everybody gets to ask questions.

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Speaker 1: a half tonight tonight. Only if you join, you go

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Speaker 1: to AMAC dot us slash destin News, and I'm only

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Speaker 1: which is a steal in itself. You will get a

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Speaker 1: chance to hang out with me for an hour and

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Speaker 1: ask private questions at a private seminar. We'll get all

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Speaker 1: that ta care of. The way to start, go to

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Speaker 1: taken care of. We'll be back in a second with

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Speaker 1: more great interviews. Well, welcome back in America to this

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Speaker 1: justin News, really America's voice, special report breaking down the

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Speaker 1: big beautiful bill, all brought to you in partnership with

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Speaker 1: our friends at AMAC. I want to bring back in

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Speaker 1: my coast tonight, AMAX and your vice president Charles Stuhlan

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Speaker 1: and joining us now a frequent guest on this show.

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Speaker 1: He always gives a to us straight. He's the great

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Speaker 1: senator from Wisconsin, Senator Ron Johnson. So good to have

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Speaker 1: you on the show.

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Speaker 6: Well, guys, hope you doing well.

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Speaker 2: We are doing well.

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Speaker 1: I know you're in the thick of a pretty big

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Speaker 1: battle intent enforcing your party to get more savings out

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Speaker 1: of this big, beautiful bill, because it does bring the

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Speaker 1: deficit up.

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Speaker 2: Quite a bit.

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Speaker 1: Tell us where you are in that process, what sort

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Speaker 1: of support are you getting and do you think President

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Speaker 1: Trump will engage constructively.

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Speaker 7: Well, just to quick give you some background, I sprang

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Speaker 7: out of the Tea Party in twenty ten.

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Speaker 6: Right when I was campaigning.

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Speaker 7: During all those parades, what I would shout was this

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Speaker 7: a fight for freedom. We're mortgaging our children's future. It's wrong,

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Speaker 7: it's moral, it's got to stop.

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Speaker 6: There you go.

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Speaker 7: That was my campaign theme in twenty ten, got me elected.

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Speaker 7: It's been my primary focus.

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Speaker 6: Again. I wish we had.

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Speaker 7: Been able to maintain only a fourteen trillion dollar debt.

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Speaker 7: That's what it was when I got elected. Now thirty

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Speaker 7: seven trillion dollars. The current CBO estimate, the most recent one.

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Speaker 7: They have projects spending eighty nine point three trillion dollars

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Speaker 7: over the next ten years, incurring another twenty two trillion

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Speaker 7: dollars worth of deaths and so John, that's that means

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Speaker 7: two point two trillion dollar per year, and I would

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Speaker 7: argue that is a Rosie scenario.

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Speaker 6: They are assuming that we're.

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Speaker 7: Going to get a tax increase, the automatic tax increase

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Speaker 7: by letting the Tax Cutting Jobs Act expire, that they

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Speaker 7: estimate that will bring about four trillion dollars revenue. And

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Speaker 7: now I know there's all kinds of argument over you know,

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Speaker 7: what is the dynamic score and all that type of thing.

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Speaker 7: What's pretty certain, though, is the eighty nine point three

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Speaker 7: trillion dollars. And let's face it, the House at most

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Speaker 7: say they're going to be cutting one point five trillion,

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Speaker 7: but they're going to be spending about three hundred billion

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Speaker 7: dollars on defense in the border, so that brings at

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Speaker 7: one point two A couple hundred billion of that is

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Speaker 7: student loans, which they've got to pass really quick before

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Speaker 7: the Supreme Court rules that unlawful, are unconstitutional. A lot

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Speaker 7: of the spending is out in the out years. It's

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Speaker 7: just not real. It never happens. So we need to

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Speaker 7: get serious about this. We can't tolerate two point two

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Speaker 7: trillion dollar deathlet's priorizing two point five two point six

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Speaker 7: if you look at independent scores of the big beautiful bill.

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Speaker 6: So that's the ugly reality. I wish it weren't so.

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Speaker 7: I wish, you know, everybody on my side was as

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Speaker 7: dedicated as their rhetoric. They all say, we don't have

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Speaker 7: a revenue problem, we have a spending problem. Big part

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Speaker 7: of this bill is just new tax cuts to President

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Speaker 7: Trump promised on me on the campaign trail that quotas

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Speaker 7: are not going to promote growth, they're just going to

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Speaker 7: reduce revenue.

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Speaker 4: Senator, there's clearly a lot of concern about the size

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Speaker 4: of this bill, but also there's real urgency from voters

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Speaker 4: who want to see action at AMAC. We hear both,

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Speaker 4: so we hear cut spending, and then we also hear

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Speaker 4: do something that actually helps us. So how do you

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Speaker 4: think we actually get that right balance between bold reform

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Speaker 4: and political and economic reality.

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Speaker 7: I've always been a favor of a multi step process,

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Speaker 7: folks on the areas of agreement, that's the border defense.

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Speaker 7: Take whatever spending reductions we can get the Senate and

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Speaker 7: our budget proposals at eight hundred and fifty billion. But

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Speaker 7: let's take advantage of some of the good work the

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Speaker 7: House did. Let's load as much of those savings as

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Speaker 7: we can in this first bill. Extend current tax law

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Speaker 7: as unwieldy and grotesque's current tax law is. I want

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Speaker 7: to take an automatic tax increase off the table. We

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Speaker 7: should have done that in twenty seventeen. Could use current

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Speaker 7: policy back then, but we weren't smart enough to do that.

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Speaker 7: And then, because time is short, we're gonna have to

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Speaker 7: increase the death ceiling. Not four or five trillion dollars.

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Speaker 7: It's going to be bad enough. How much we're gonna

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Speaker 7: have to increase it just to get us into twenty

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Speaker 7: twenty six about two point five trillion dollars. That ought

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Speaker 7: to shock shock everybody, because we're running half a trillion

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Speaker 7: dollars a quarter deficits. That's what we need to bring

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Speaker 7: under control. It's about spending, spending, spending, To quote Scott Besson,

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Speaker 7: a bunch of people in the administration, we don't ever

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Speaker 7: have anue problem. We have a spending problem. The question

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Speaker 7: I ask is are we willing to fix it right now?

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Speaker 7: Based on the big beautiful bill. Doesn't look like we are, sir.

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Speaker 1: What are some ideas that you're bouncing off the White House,

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Speaker 1: bouncing off your colleagues. I mean, you're guy that likes

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Speaker 1: to take your ideas and get them into action. What

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Speaker 1: are some things you're looking at that could substantially reduce

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Speaker 1: spending and still get this bill across the line in

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Speaker 1: some form.

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Speaker 7: So I've been very consistent since my first article was

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Speaker 7: published in the Wall Street Journal. We need to return

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Speaker 7: to a reasonable pre pandemic level spending. I've laid out

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Speaker 7: a couple options. I've actually printed out the full budgets.

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Speaker 7: You take Clinton or Obama or Trump, their actual totally outlays,

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Speaker 7: exempt Social Security, Medicare, and interest. Spend what you need

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Speaker 7: to spend all the other outlays from those years from

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Speaker 7: ninety eight, from twenty fourteen twenty nineteen, increase by population

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Speaker 7: and inflation. There you go, fully plussed up. That give

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Speaker 7: you some between five point five and six point five

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Speaker 7: trillion dollars. You start there. You don't start at over

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Speaker 7: seven trillion. Dollars and suffer death by a thousand cuts.

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Speaker 7: You start with a reasonable baseline and then you what

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Speaker 7: I've suggested is a budget review panel, Senators, House members,

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Speaker 7: members of om B, bring the department heads up, have

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Speaker 7: them justify their budgets by line.

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Speaker 6: Now that's gonna take work. It's gonna take time. But

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Speaker 6: again those showed us how to do this.

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Speaker 7: You go line by line, contract by contract, you expose

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Speaker 7: grotesque examples of waste fraud abuse. John, I've got to believe,

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Speaker 7: and again I've laid this out based on Budge story category.

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Speaker 7: There's literally one hundreds of billions of dollars in discretion

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Speaker 7: spending in other mandatory again assol scating Medicare or even Medicaid,

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Speaker 7: although we need to fix the Obamacare portion of Medicaid.

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Speaker 7: That if you didn't spend that money, nobody would even

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Speaker 7: notice it except for the grifters who are sucking down

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Speaker 7: the waste frauden abuse. So again, you got to do

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Speaker 7: the work. You have to do line by line. That's

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Speaker 7: what businesses do. People need to understand a ten million

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Speaker 7: dollar business price spends more time going line by line

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Speaker 7: through their annual budgets than Congress spends going through the

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Speaker 7: seven thousand billion dollar budget of the federal government.

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Speaker 4: There's a sense now that voters are engaged in paying

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Speaker 4: attention ways we haven't seen in years. So do you

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Speaker 4: see this moment as ats to reset how Washington talks

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Speaker 4: about budgeting, talks about accountability.

440
00:21:05,680 --> 00:21:08,000
Speaker 7: It's all only chance, it's a chance for a lifetime.

441
00:21:08,400 --> 00:21:11,680
Speaker 7: We saw an unprecedent increase in spending other than World

442
00:21:11,720 --> 00:21:13,720
Speaker 7: War Two, and by the way, even World War two,

443
00:21:13,760 --> 00:21:17,399
Speaker 7: because we were governed by the greatest generation responsible leaders.

444
00:21:17,680 --> 00:21:20,120
Speaker 7: We actually finished World War Two, but nineteen forty eight

445
00:21:20,119 --> 00:21:23,639
Speaker 7: spending less than we did the year before the war started. Okay,

446
00:21:23,840 --> 00:21:27,040
Speaker 7: that's responsible leadership. We have to return to pre pandemic

447
00:21:27,160 --> 00:21:30,160
Speaker 7: level spending. And it is true. I think more Americans

448
00:21:30,200 --> 00:21:33,200
Speaker 7: are aware of the fact because they just experienced forty

449
00:21:33,280 --> 00:21:36,640
Speaker 7: year high inflation, the devaluation of their dollar, that we've

450
00:21:36,640 --> 00:21:38,760
Speaker 7: got to get this out of control. But I'm not

451
00:21:38,760 --> 00:21:41,320
Speaker 7: sure it's a majority. And based on the reaction of

452
00:21:41,359 --> 00:21:45,480
Speaker 7: what happened with Republicans in the House and even President

453
00:21:45,520 --> 00:21:48,879
Speaker 7: Trump's lack of attention to spending and returning to a

454
00:21:48,920 --> 00:21:53,600
Speaker 7: reasonable pre pandemic level, I still fear people are whistling

455
00:21:53,640 --> 00:21:54,520
Speaker 7: by the graveyard here.

456
00:21:55,400 --> 00:21:59,560
Speaker 1: Yeah, if I do my math right from the current

457
00:21:59,640 --> 00:22:01,960
Speaker 1: outline in the big beautiful bill, just for this next year,

458
00:22:02,000 --> 00:22:04,200
Speaker 1: you got to find another three to five hundred billion

459
00:22:04,240 --> 00:22:07,080
Speaker 1: dollars of savings. Can it be found through the process

460
00:22:07,080 --> 00:22:08,080
Speaker 1: that you've laid out.

461
00:22:09,080 --> 00:22:13,080
Speaker 7: Yes, again, I've shown people just take twenty nineteen outways.

462
00:22:13,160 --> 00:22:15,400
Speaker 6: I'd rather go back to Clinton or Obama.

463
00:22:15,400 --> 00:22:17,240
Speaker 7: I don't think we're spending too much in those years either,

464
00:22:17,280 --> 00:22:19,879
Speaker 7: But okay, I can see the fact go to twenty nineteen.

465
00:22:20,200 --> 00:22:23,480
Speaker 7: There's a couple hundred billion dollars of spending that exceeds

466
00:22:23,920 --> 00:22:27,880
Speaker 7: twenty nineteen, plused up by inflation and population in both

467
00:22:27,920 --> 00:22:32,080
Speaker 7: the discretionary accounts and the mandatory accounts, without even touching Medicaid. Again,

468
00:22:32,160 --> 00:22:34,159
Speaker 7: we have to fix that as well. That you know

469
00:22:34,240 --> 00:22:37,680
Speaker 7: the Obamacare portion of that, where for every dollar state

470
00:22:37,760 --> 00:22:43,360
Speaker 7: spends on Medicaid expansion for single, healthy working age adults

471
00:22:43,400 --> 00:22:48,720
Speaker 7: childless adults, the federal government kicks in nine bucks, versus

472
00:22:48,720 --> 00:22:51,560
Speaker 7: for a disabled child. For every dollar the state spends,

473
00:22:51,560 --> 00:22:54,840
Speaker 7: the federal government kicks in one dollar thirty three. Now,

474
00:22:54,920 --> 00:22:58,840
Speaker 7: that's the way Medicaid was designed. Shared responsibility with the state,

475
00:22:58,920 --> 00:23:01,320
Speaker 7: so the states would help control it as opposed to

476
00:23:01,680 --> 00:23:06,960
Speaker 7: not controlling it, setting up ineligible recipients, illegal immigrants, quite

477
00:23:06,960 --> 00:23:10,679
Speaker 7: honestly plussing up the reimbursement rate because they're kind of

478
00:23:10,680 --> 00:23:13,159
Speaker 7: in on it with the providers. I mean, it's grotesque

479
00:23:13,320 --> 00:23:17,960
Speaker 7: what Obamacare Medicaid expansion has done to threaten the benefits

480
00:23:18,000 --> 00:23:20,199
Speaker 7: we all want to provide for disabled children, the.

481
00:23:20,200 --> 00:23:24,920
Speaker 4: Vulnerable its current form of this bill. Is there anything

482
00:23:25,480 --> 00:23:27,359
Speaker 4: that you do like to address that? Is there anything

483
00:23:27,359 --> 00:23:28,840
Speaker 4: in this bill that you think is headed in the

484
00:23:28,880 --> 00:23:31,959
Speaker 4: right direction, even if the package as a whole falls

485
00:23:31,960 --> 00:23:33,240
Speaker 4: short in its current iteration.

486
00:23:34,440 --> 00:23:37,639
Speaker 7: Sure, again, they are trying to address the Obamacare portion

487
00:23:37,800 --> 00:23:40,840
Speaker 7: of Medicaid. I would say they haven't done a real

488
00:23:40,880 --> 00:23:43,800
Speaker 7: good job of explaining it and selling it. That takes time,

489
00:23:43,840 --> 00:23:48,159
Speaker 7: that also takes presidential leadership. So they've just succumb to

490
00:23:48,320 --> 00:23:51,840
Speaker 7: the you know, the criticisms of the big spenders. Are

491
00:23:51,880 --> 00:23:54,679
Speaker 7: you gonna slash Medicaid, You're gonna take Medicaid away from

492
00:23:54,720 --> 00:23:58,440
Speaker 7: disabled children? No, No, we're trying to save medicaid for

493
00:23:58,720 --> 00:24:02,160
Speaker 7: the vulnerable. We're trying to avoid a debt bomb, going

494
00:24:02,200 --> 00:24:05,600
Speaker 7: off an acute debt crisis by the way. We've been

495
00:24:05,640 --> 00:24:09,400
Speaker 7: experiencing what I call a chronic debt crisis now for decades.

496
00:24:09,880 --> 00:24:11,600
Speaker 6: Do you realize that a dollar you held.

497
00:24:11,440 --> 00:24:14,280
Speaker 7: In nineteen ninety eight is only worth fifty one cents

498
00:24:15,000 --> 00:24:17,800
Speaker 7: When I ran twenty ten, a dollar back then is

499
00:24:17,840 --> 00:24:20,320
Speaker 7: only worth sixty eight cents, a dollar you held in

500
00:24:20,359 --> 00:24:22,600
Speaker 7: twenty fourteen is worth seventy four cents, and a dollar

501
00:24:22,680 --> 00:24:25,280
Speaker 7: you held just six years ago in twenty nineteen is

502
00:24:25,320 --> 00:24:28,840
Speaker 7: only worth eighty cents. That is the devaluation of the currency.

503
00:24:29,160 --> 00:24:35,119
Speaker 7: That is the tax on everybody called inflation. It's insidious.

504
00:24:35,160 --> 00:24:37,080
Speaker 7: It destroys people's lives.

505
00:24:37,800 --> 00:24:40,240
Speaker 1: Yeah, so well said, the dollar has been devalued in

506
00:24:40,280 --> 00:24:42,560
Speaker 1: ways I don't think anyone could imagine thirty years ago.

507
00:24:42,960 --> 00:24:45,160
Speaker 1: Senator Johnson, one thing I know we can always count

508
00:24:45,200 --> 00:24:47,280
Speaker 1: on you. You give us a straight scoop on what

509
00:24:47,320 --> 00:24:50,280
Speaker 1: you're thinking, and your clarity I think is greatly appreciated.

510
00:24:50,280 --> 00:24:52,800
Speaker 1: The town that AFA has a lot of offeusection. Great

511
00:24:52,800 --> 00:24:53,840
Speaker 1: to have you on the show today.

512
00:24:54,760 --> 00:24:55,560
Speaker 7: Thanks for having me on.

513
00:24:55,640 --> 00:24:57,280
Speaker 2: Yeah, that's an important message you delivered.

514
00:24:57,280 --> 00:24:59,240
Speaker 1: All right, folks, we're gonna take quick commercial break when

515
00:24:59,240 --> 00:25:01,240
Speaker 1: we come back. Congress Burgess Owens are the Great State

516
00:25:01,280 --> 00:25:03,640
Speaker 1: of Utah's here to help break down why he ended

517
00:25:03,680 --> 00:25:05,600
Speaker 1: up voting to pass the build through the House.

518
00:25:05,600 --> 00:25:07,040
Speaker 2: But before we do that, do me a favorite.

519
00:25:07,040 --> 00:25:09,360
Speaker 1: Go to AMAC dot us lash just News and sign

520
00:25:09,440 --> 00:25:12,120
Speaker 1: up for your of AMAC membership for just one buck.

521
00:25:12,160 --> 00:25:13,120
Speaker 2: That's an incredible deal.

522
00:25:13,160 --> 00:25:15,000
Speaker 1: Plus, you're going to get a chance to hang out

523
00:25:15,000 --> 00:25:17,359
Speaker 1: with me next month for a virtual town hall answer

524
00:25:17,400 --> 00:25:18,560
Speaker 1: your questions for a whole hour.

525
00:25:18,720 --> 00:25:20,280
Speaker 2: You know, anywhere in the country you can, and you

526
00:25:20,280 --> 00:25:21,119
Speaker 2: can come in and do it.

527
00:25:21,240 --> 00:25:23,280
Speaker 1: That'd be a fun bonus for signing up for one

528
00:25:23,280 --> 00:25:25,679
Speaker 1: buck for one year. Go do it, AMAC dot us

529
00:25:25,760 --> 00:25:27,720
Speaker 1: lash Destinies. Right now, we'll be back in.

530
00:25:27,800 --> 00:25:28,320
Speaker 2: Just a moment.

531
00:25:37,800 --> 00:25:40,679
Speaker 1: Welcome back in America to our special report breaking down the

532
00:25:40,760 --> 00:25:41,560
Speaker 1: big beautiful Bill.

533
00:25:41,560 --> 00:25:42,840
Speaker 2: It's all brought to you by AMAC.

534
00:25:43,160 --> 00:25:45,879
Speaker 1: I'm still joined by AMAX Senior vice President Charles Stuckhan,

535
00:25:46,000 --> 00:25:48,160
Speaker 1: and we're about to go to our next guest. Anyone

536
00:25:48,200 --> 00:25:51,159
Speaker 1: who's listened to my podcast appreciates him. He comes on,

537
00:25:51,240 --> 00:25:53,359
Speaker 1: he lights it up every time. He represents the Great

538
00:25:53,400 --> 00:25:56,040
Speaker 1: State of Utah. He's also a former NFL player and

539
00:25:56,160 --> 00:26:00,000
Speaker 1: Super Bowl champion. Of course, talking about Congressman Burgas Owens Congress.

540
00:26:00,040 --> 00:26:01,160
Speaker 1: So good to have you on the show.

541
00:26:02,040 --> 00:26:03,399
Speaker 8: Joh I'm looking forward to chatting with you.

542
00:26:03,680 --> 00:26:06,280
Speaker 2: Absolutely, It's a great honor to have you on.

543
00:26:07,080 --> 00:26:10,000
Speaker 1: You were a big part of getting this bill over

544
00:26:10,040 --> 00:26:12,600
Speaker 1: the finish line in the House. Lots of things that

545
00:26:12,880 --> 00:26:16,040
Speaker 1: you worked on got into it. Tell us why you

546
00:26:16,119 --> 00:26:17,960
Speaker 1: work so hard and why you were able to get

547
00:26:17,960 --> 00:26:19,400
Speaker 1: it through the house with few other colleagues.

548
00:26:20,119 --> 00:26:21,399
Speaker 8: Well, I'll say this.

549
00:26:21,480 --> 00:26:22,840
Speaker 9: I have a couple of things that I'm going to

550
00:26:22,920 --> 00:26:24,520
Speaker 9: highlight that came out of the bill, but just to

551
00:26:24,520 --> 00:26:28,240
Speaker 9: say before this, it's something about momentum. It's something about

552
00:26:28,920 --> 00:26:32,280
Speaker 9: having a team, kind of working together. The current weed

553
00:26:32,320 --> 00:26:35,000
Speaker 9: of people is such a powerful term and I've never

554
00:26:35,000 --> 00:26:36,640
Speaker 9: seen anything like this, And the three terms that I've

555
00:26:36,640 --> 00:26:40,239
Speaker 9: been involved were our team. No matter as diverse as

556
00:26:40,280 --> 00:26:43,119
Speaker 9: it is, we're coming together and we realize we have

557
00:26:43,160 --> 00:26:45,720
Speaker 9: a coach that understands this process and we want to

558
00:26:45,720 --> 00:26:47,919
Speaker 9: see as mandate comes through. So right now we have

559
00:26:47,960 --> 00:26:50,080
Speaker 9: a focus on the middle class and we're doing it

560
00:26:50,080 --> 00:26:52,679
Speaker 9: through innovation, We're doing it through just common sense. And

561
00:26:52,720 --> 00:26:54,560
Speaker 9: it's so excited to see the momentum that we have

562
00:26:55,200 --> 00:26:57,480
Speaker 9: the muscle memory of working as a team and getting

563
00:26:57,480 --> 00:26:59,960
Speaker 9: this thing price through and I think the end of

564
00:26:59,920 --> 00:27:02,399
Speaker 9: they just make sure that the American people uh know

565
00:27:02,480 --> 00:27:04,960
Speaker 9: that we were holding out promises and that was gonna

566
00:27:04,960 --> 00:27:07,320
Speaker 9: come out of that as even more more successful move forward.

567
00:27:07,359 --> 00:27:09,080
Speaker 9: So a couple of things coming out of this is

568
00:27:09,119 --> 00:27:11,439
Speaker 9: so important. Again, think about the middle class when you

569
00:27:11,440 --> 00:27:13,679
Speaker 9: hear these things. Number one, no tax on tips, no

570
00:27:13,800 --> 00:27:18,120
Speaker 9: taxing over time. Uh it is no tax on interest. Uh.

571
00:27:18,200 --> 00:27:21,520
Speaker 9: And buying and buying personal car, a MAGA program, a

572
00:27:21,600 --> 00:27:22,960
Speaker 9: savings program for our kids.

573
00:27:23,119 --> 00:27:24,480
Speaker 8: I mean I go to the live near things.

574
00:27:24,520 --> 00:27:29,880
Speaker 9: Actually, Uh, the permanent tax break which is business owners.

575
00:27:30,119 --> 00:27:33,480
Speaker 9: This is the true I guess power of our middle class,

576
00:27:33,520 --> 00:27:36,000
Speaker 9: and our middle class is the It's really what defines

577
00:27:36,080 --> 00:27:38,960
Speaker 9: our American culture. And you start seeing that bi small

578
00:27:39,040 --> 00:27:42,359
Speaker 9: businesses have a road a map where they can they

579
00:27:42,359 --> 00:27:45,560
Speaker 9: can be very predictable. That's when they grow and that's

580
00:27:45,560 --> 00:27:47,200
Speaker 9: when they're prosible. So it's gonna be exciting to see

581
00:27:47,240 --> 00:27:50,800
Speaker 9: that happen. And of course, uh, the border. Uh, it

582
00:27:50,920 --> 00:27:54,240
Speaker 9: is nice that we can finally start talking finally about

583
00:27:54,240 --> 00:27:57,040
Speaker 9: how do we reform our immigration system, how do we

584
00:27:57,080 --> 00:27:59,440
Speaker 9: make it so that our country is growing by the

585
00:27:59,760 --> 00:28:02,400
Speaker 9: great into information or the Great wealth that can come

586
00:28:02,440 --> 00:28:04,280
Speaker 9: to us, that we're vetting to make sure that it's

587
00:28:04,280 --> 00:28:06,240
Speaker 9: helping our country and it's not drained from our country.

588
00:28:06,480 --> 00:28:08,240
Speaker 9: This has been a long overdue conversation.

589
00:28:08,280 --> 00:28:10,520
Speaker 8: We need to have. It makes our country great, but

590
00:28:10,560 --> 00:28:11,560
Speaker 8: we have to do it the right way.

591
00:28:11,640 --> 00:28:15,320
Speaker 9: And finally, because ninety seven percent has been shut down,

592
00:28:15,720 --> 00:28:17,800
Speaker 9: it's gonna be even betterest time moves on. It's gonna

593
00:28:17,800 --> 00:28:19,840
Speaker 9: be kind of excited where we're going right now. So John,

594
00:28:20,200 --> 00:28:22,679
Speaker 9: I can't say excited. I am about what the President

595
00:28:22,720 --> 00:28:25,560
Speaker 9: is doing, not only here, but he's innovating in so

596
00:28:25,560 --> 00:28:27,480
Speaker 9: many different ways it's kind of hard to keep up.

597
00:28:27,680 --> 00:28:30,080
Speaker 9: So I'm looking forward to being part of that process.

598
00:28:30,160 --> 00:28:30,679
Speaker 8: Citily Is.

599
00:28:32,480 --> 00:28:35,879
Speaker 4: Said before that we need to push back on the

600
00:28:35,920 --> 00:28:39,160
Speaker 4: idea that government should run everything. People are looking for

601
00:28:39,200 --> 00:28:42,760
Speaker 4: policies that return power to communities, not just shifted around

602
00:28:42,840 --> 00:28:45,560
Speaker 4: in Washington. Do you think there's anything in this bill

603
00:28:45,640 --> 00:28:48,880
Speaker 4: that takes meaningful steps towards getting Washington out of the way.

604
00:28:50,760 --> 00:28:53,400
Speaker 9: I would say this again, if you start thinking about

605
00:28:53,440 --> 00:28:57,200
Speaker 9: what is good for the middle class, and middle class grows.

606
00:28:57,240 --> 00:28:59,320
Speaker 9: When we can control our future, we can hold on

607
00:28:59,360 --> 00:29:01,719
Speaker 9: her income, we can reinvest in our businesses, we can

608
00:29:01,760 --> 00:29:02,760
Speaker 9: reinvest in our kids.

609
00:29:03,160 --> 00:29:04,719
Speaker 8: I don't even say it's look at education.

610
00:29:05,120 --> 00:29:07,360
Speaker 9: Were finally looking at taking the power from DC and

611
00:29:07,400 --> 00:29:09,400
Speaker 9: putting it back in the district. Been back in the states,

612
00:29:09,520 --> 00:29:13,360
Speaker 9: Let the American let the American parents talk about choice

613
00:29:13,360 --> 00:29:15,800
Speaker 9: and the way we never talked about before. I think

614
00:29:15,840 --> 00:29:18,720
Speaker 9: the most important thing about this total conversation is we

615
00:29:18,800 --> 00:29:21,360
Speaker 9: have a president who's a genius when it comes down

616
00:29:21,360 --> 00:29:24,320
Speaker 9: to business, a genius when comes down to negotiating, and

617
00:29:24,360 --> 00:29:26,720
Speaker 9: he loves our country and he understands where where the

618
00:29:26,760 --> 00:29:28,520
Speaker 9: where the where the power it comes from? Which were

619
00:29:28,520 --> 00:29:30,760
Speaker 9: the people. So if you look across the board the

620
00:29:30,800 --> 00:29:34,200
Speaker 9: things we're doing, it's about getting us now that we're engaged,

621
00:29:34,200 --> 00:29:36,520
Speaker 9: now that we want we're gonna we're demanding that we

622
00:29:36,560 --> 00:29:39,120
Speaker 9: have put first uh to see now how the Republican

623
00:29:39,160 --> 00:29:41,560
Speaker 9: Party comes through that, and I think every every post

624
00:29:41,680 --> 00:29:44,040
Speaker 9: we have is going in that direction.

625
00:29:44,120 --> 00:29:45,400
Speaker 8: I just want to say this one thing.

626
00:29:45,840 --> 00:29:50,080
Speaker 9: This has been a remarkable ship that been has been

627
00:29:50,120 --> 00:29:52,480
Speaker 9: on this track for a long long time. We're not

628
00:29:52,560 --> 00:29:54,640
Speaker 9: going to turn it around in one minute. It's going

629
00:29:54,720 --> 00:29:56,200
Speaker 9: to take some time, but we do it a little

630
00:29:56,240 --> 00:29:57,960
Speaker 9: bit of a time. And getting a bigger majority in

631
00:29:57,960 --> 00:29:59,360
Speaker 9: the House, which we're doing right now. We're going to

632
00:29:59,400 --> 00:30:01,479
Speaker 9: do is we're getting next to the next term, and

633
00:30:01,640 --> 00:30:03,720
Speaker 9: we start to see that in American people expect more

634
00:30:04,040 --> 00:30:07,520
Speaker 9: and trust us more. We'll see a very fast pace

635
00:30:07,880 --> 00:30:10,560
Speaker 9: of getting things codified and put in place, so we

636
00:30:10,600 --> 00:30:12,280
Speaker 9: cannot go back in a different direction.

637
00:30:12,880 --> 00:30:13,200
Speaker 2: Yeah.

638
00:30:13,360 --> 00:30:15,320
Speaker 1: In fact, the House is going to come right back

639
00:30:15,600 --> 00:30:17,680
Speaker 1: from the memorial of day recess and start taking on

640
00:30:17,720 --> 00:30:20,280
Speaker 1: some decisions, which are ways of taking back money that

641
00:30:20,560 --> 00:30:24,160
Speaker 1: didn't get spent under Joe Biden. That's the next important staff.

642
00:30:24,360 --> 00:30:26,320
Speaker 1: You feel good that your colleagues can get that done.

643
00:30:26,800 --> 00:30:30,640
Speaker 8: You know, think about the things we're talking about. We're

644
00:30:30,640 --> 00:30:31,440
Speaker 8: talking about.

645
00:30:32,960 --> 00:30:35,760
Speaker 9: In terms of pulling back money that we deserve that

646
00:30:35,800 --> 00:30:37,800
Speaker 9: has been spent the wrong way, and we're going to

647
00:30:37,880 --> 00:30:39,600
Speaker 9: codify the fact that there should be something that should

648
00:30:39,640 --> 00:30:42,240
Speaker 9: be going back into the American people's pocket. So when

649
00:30:42,240 --> 00:30:45,040
Speaker 9: I think about those kind of things, how about this.

650
00:30:45,240 --> 00:30:47,400
Speaker 9: You know, we're hearing from the President's lips a concept

651
00:30:47,440 --> 00:30:49,880
Speaker 9: of balance the budget. We're talking about that, we're talking

652
00:30:49,880 --> 00:30:53,960
Speaker 9: about external revenue service that will take the pressure off

653
00:30:54,080 --> 00:30:57,040
Speaker 9: internal revenues. These are things that we're looking at again

654
00:30:57,040 --> 00:30:58,920
Speaker 9: a little bit soon we're gonna be a bit longer term.

655
00:30:59,120 --> 00:31:01,160
Speaker 9: But what we're doing now is making sure that what

656
00:31:01,240 --> 00:31:04,880
Speaker 9: we have control over was even been done with with

657
00:31:04,880 --> 00:31:07,440
Speaker 9: with Doge. We're going to codify that, bring it back

658
00:31:07,600 --> 00:31:09,320
Speaker 9: and let the American people know just how we're saving

659
00:31:09,360 --> 00:31:11,800
Speaker 9: money for them given more confidence, and what dc DC

660
00:31:11,920 --> 00:31:14,200
Speaker 9: can do as to send more power out out to

661
00:31:14,280 --> 00:31:14,840
Speaker 9: those folks.

662
00:31:14,960 --> 00:31:17,000
Speaker 8: That's that's us as sentence here.

663
00:31:19,760 --> 00:31:22,880
Speaker 4: We often speak of the importance of strong families as

664
00:31:22,920 --> 00:31:26,040
Speaker 4: the foundation of a strong country. Our members see that

665
00:31:26,080 --> 00:31:29,440
Speaker 4: connection too, and worry about policies that undermine it, that

666
00:31:29,520 --> 00:31:32,560
Speaker 4: undermine the family. Do you believe there's anything in this

667
00:31:32,640 --> 00:31:35,560
Speaker 4: legislation that supports that foundation, that family foundation.

668
00:31:36,840 --> 00:31:40,720
Speaker 9: Yes, I'll say there's a lot. And by the way,

669
00:31:41,000 --> 00:31:43,240
Speaker 9: we're going to hold onto American culture. We're going to

670
00:31:43,280 --> 00:31:46,240
Speaker 9: hold onto American culture of freedom the family units where

671
00:31:46,240 --> 00:31:46,560
Speaker 9: it starts.

672
00:31:46,560 --> 00:31:48,000
Speaker 8: And that's what's been our tack for a long time.

673
00:31:48,320 --> 00:31:51,360
Speaker 9: So you think about the uh, the I'll call it

674
00:31:51,360 --> 00:31:54,880
Speaker 9: a MAGA saves the account in which now parents, grandparents,

675
00:31:54,880 --> 00:31:57,640
Speaker 9: and nephews i mean uncles, they can put money into

676
00:31:57,720 --> 00:32:01,800
Speaker 9: accounts for for their their kids, and which they begin

677
00:32:01,880 --> 00:32:04,080
Speaker 9: to take advantage of at eighteen years old and thirty

678
00:32:04,160 --> 00:32:04,600
Speaker 9: years old.

679
00:32:04,840 --> 00:32:06,000
Speaker 8: Those are the kind of things we can do.

680
00:32:06,160 --> 00:32:08,920
Speaker 9: Obviously, I would say the biggest thing is when you

681
00:32:09,000 --> 00:32:12,080
Speaker 9: start to allow them, the small businesses to run and grow.

682
00:32:12,480 --> 00:32:16,400
Speaker 9: Guess who's benefiting from that. The kids of these moms

683
00:32:16,440 --> 00:32:17,840
Speaker 9: and dads to go out there to take this risk.

684
00:32:18,520 --> 00:32:22,080
Speaker 9: They teach the culture of acceptance, the culture of dreaming

685
00:32:22,080 --> 00:32:24,360
Speaker 9: the big and overcoming obstacles. Those are the kind of

686
00:32:24,480 --> 00:32:27,200
Speaker 9: I think the most important ways that we can make

687
00:32:27,200 --> 00:32:29,560
Speaker 9: sure our family is beginning to come together again, and

688
00:32:29,560 --> 00:32:30,880
Speaker 9: then there's gonna be a lot more we have to

689
00:32:30,920 --> 00:32:34,400
Speaker 9: go ahead. Our family unit has been on attack for decades,

690
00:32:34,600 --> 00:32:36,400
Speaker 9: so it's going to be a process and first of all,

691
00:32:36,800 --> 00:32:39,280
Speaker 9: identifying how we can support, how can we help, how

692
00:32:39,320 --> 00:32:43,400
Speaker 9: we can help self self sufficiency instead of dependency, and

693
00:32:43,960 --> 00:32:46,600
Speaker 9: giving incentives for parents to stay, for fans to stay

694
00:32:46,640 --> 00:32:48,160
Speaker 9: together versus dividing us.

695
00:32:48,160 --> 00:32:49,640
Speaker 8: So this is just the beginning.

696
00:32:49,760 --> 00:32:52,280
Speaker 9: Again, we're just over one hundred days or whatever that

697
00:32:52,360 --> 00:32:54,320
Speaker 9: might be now, but the fact that we're on the

698
00:32:54,360 --> 00:32:56,040
Speaker 9: right track and we know that the family unit is

699
00:32:56,040 --> 00:32:58,000
Speaker 9: at the very core of this process, We're going to

700
00:32:58,040 --> 00:32:59,800
Speaker 9: address that as as we move forward.

701
00:33:00,200 --> 00:33:02,280
Speaker 1: Yeah, it's funny you said the right track, Congressman, there

702
00:33:02,320 --> 00:33:04,240
Speaker 1: was a poll came out this week, the highest number

703
00:33:04,280 --> 00:33:06,880
Speaker 1: in the history of the polling company for people who

704
00:33:06,960 --> 00:33:09,120
Speaker 1: think the country's finally on the right track. That that

705
00:33:09,240 --> 00:33:11,560
Speaker 1: is not an accident, it said. Great honor to have

706
00:33:11,600 --> 00:33:13,720
Speaker 1: you on as always, so we always enjoy your insights.

707
00:33:14,440 --> 00:33:15,760
Speaker 8: Thank you, guys, appreciate it all.

708
00:33:16,000 --> 00:33:17,480
Speaker 2: Thank you so much. So're great to have you on.

709
00:33:17,560 --> 00:33:19,480
Speaker 2: All right, folks, we're gonna take a quicker rush for break.

710
00:33:19,520 --> 00:33:21,720
Speaker 1: Next, we're diving deeper into the big beautiful bill with

711
00:33:21,760 --> 00:33:22,680
Speaker 1: Phil Kirpin.

712
00:33:22,720 --> 00:33:23,920
Speaker 2: From American Commitment.

713
00:33:24,040 --> 00:33:26,160
Speaker 1: Does this bell tackle the tough issues or is it

714
00:33:26,200 --> 00:33:28,520
Speaker 1: missed an opportunity? I got a word for your regulation.

715
00:33:28,560 --> 00:33:29,800
Speaker 1: It's going to come up next. You're going to be

716
00:33:29,800 --> 00:33:31,800
Speaker 1: shocked what you're going to hear. But first, before we

717
00:33:31,800 --> 00:33:34,800
Speaker 1: go to break, remember to visit AMAC dot USSH just News.

718
00:33:35,160 --> 00:33:37,320
Speaker 1: Sign up for a year of AMAC membership for just

719
00:33:37,560 --> 00:33:39,520
Speaker 1: one dollar a buck. You don't get anything in America

720
00:33:39,560 --> 00:33:41,480
Speaker 1: for a buck. If you do that tonight. If you

721
00:33:41,520 --> 00:33:43,560
Speaker 1: do it tonight, you're gonna get a special bonus. You're

722
00:33:43,560 --> 00:33:45,440
Speaker 1: gonna be able to attend my next private town hall.

723
00:33:45,480 --> 00:33:47,840
Speaker 1: It's a virtual town Hall. I spend a whole hour

724
00:33:47,960 --> 00:33:50,640
Speaker 1: answering viewers questions that you can join that if you

725
00:33:50,960 --> 00:33:54,080
Speaker 1: sign up tonight so AMAC dot USSH Just News one

726
00:33:54,120 --> 00:33:55,360
Speaker 1: buck for one year with a steal.

727
00:33:55,600 --> 00:34:06,000
Speaker 2: We'll be right back. Welcome back in America.

728
00:34:05,520 --> 00:34:09,200
Speaker 1: To this Just the News, Real America's Voice special report breaking.

729
00:34:08,920 --> 00:34:10,359
Speaker 2: Down the big beautiful Bill.

730
00:34:10,400 --> 00:34:13,240
Speaker 1: I want to bring back my co host for tonight AMAX,

731
00:34:13,360 --> 00:34:15,839
Speaker 1: Senior Vice President, Charles Stucklan, and with both of us

732
00:34:15,880 --> 00:34:18,759
Speaker 1: now to further break down what's in it. It's why

733
00:34:18,800 --> 00:34:22,520
Speaker 1: it's so important. Is the President of American Commitment, Phil Kirpan. Phil,

734
00:34:22,560 --> 00:34:25,959
Speaker 1: good to have you on the show, My pleasure. All right,

735
00:34:26,000 --> 00:34:30,120
Speaker 1: there is a lot of historic conservative ideas and here

736
00:34:30,200 --> 00:34:32,080
Speaker 1: things that go all the way back to the Reagan

737
00:34:32,160 --> 00:34:36,239
Speaker 1: era of wish lists that maybe didn't get enacted. But

738
00:34:36,320 --> 00:34:38,960
Speaker 1: something wonder is there enough to reigin in regulation, the

739
00:34:39,000 --> 00:34:40,680
Speaker 1: thing that actually slows the economy down?

740
00:34:40,800 --> 00:34:41,879
Speaker 2: Let me get your take on that.

741
00:34:43,239 --> 00:34:45,600
Speaker 10: Yeah, I'm really glad you asked about that, because everybody's

742
00:34:45,640 --> 00:34:48,040
Speaker 10: been so focused on the taxes and spending that they've

743
00:34:48,040 --> 00:34:51,200
Speaker 10: almost completely missed one of the biggest regulatory forms in

744
00:34:51,280 --> 00:34:54,200
Speaker 10: US history. That Chairman Jim Jordan was able to put

745
00:34:54,200 --> 00:34:56,360
Speaker 10: in this bill. Coming out of the House Judiciary Committee,

746
00:34:56,440 --> 00:34:58,840
Speaker 10: everyone was focused on ways and means for the tax changes,

747
00:34:58,880 --> 00:35:02,000
Speaker 10: everyone was focused on energ and commerce for the Medicaid changes.

748
00:35:02,360 --> 00:35:05,200
Speaker 10: But the House Judiciary Committee put in provisions they could

749
00:35:05,200 --> 00:35:07,200
Speaker 10: in the long term be the most significant of everything

750
00:35:07,239 --> 00:35:09,200
Speaker 10: in this bill because they put a version of the

751
00:35:09,280 --> 00:35:11,160
Speaker 10: Rains Act in this bill. This is the bill that

752
00:35:11,280 --> 00:35:14,839
Speaker 10: this is the bill that would require affirmative approval from

753
00:35:14,960 --> 00:35:18,040
Speaker 10: Congress for major regulations before they can take effect, rather

754
00:35:18,040 --> 00:35:20,279
Speaker 10: than the way it works now, where agencies can do

755
00:35:20,280 --> 00:35:22,400
Speaker 10: more or less whatever they want unless you somehow muster

756
00:35:22,520 --> 00:35:25,440
Speaker 10: enough votes to stop them, which is almost impossible. So

757
00:35:25,520 --> 00:35:28,439
Speaker 10: this would be a massive, massive positive change and stop

758
00:35:28,520 --> 00:35:31,759
Speaker 10: this pendulum from swinging wildly back and forth with the

759
00:35:31,760 --> 00:35:33,200
Speaker 10: party in the White House. We'd have a lot more

760
00:35:33,239 --> 00:35:35,879
Speaker 10: policy stability, and we'd be able to stop a lot

761
00:35:35,920 --> 00:35:38,680
Speaker 10: of the worst, most expensive regulations before they ever even

762
00:35:38,680 --> 00:35:40,640
Speaker 10: get off the ground. And I'll give you an example

763
00:35:41,000 --> 00:35:43,560
Speaker 10: that's so important of why this process would be so

764
00:35:43,560 --> 00:35:45,480
Speaker 10: different from what we have now. Remember when the Cap

765
00:35:45,560 --> 00:35:47,799
Speaker 10: and Trade Bill crashed and burned, even though we had

766
00:35:47,840 --> 00:35:50,759
Speaker 10: a Democrat President Obama, we had Nancy Pelosi and Harry

767
00:35:50,800 --> 00:35:53,040
Speaker 10: Reid running the Congress, they could never get the votes

768
00:35:53,080 --> 00:35:56,560
Speaker 10: to do that because the politically it was too damaging

769
00:35:56,560 --> 00:35:59,040
Speaker 10: because the costs were so large. Even Democrats balked at

770
00:35:59,040 --> 00:36:01,120
Speaker 10: it while they had the EPA implement half the things

771
00:36:01,160 --> 00:36:03,759
Speaker 10: in that bill anyway, and Congress never voted on it.

772
00:36:03,800 --> 00:36:05,120
Speaker 10: And of course, you know, there's been a lot of

773
00:36:05,120 --> 00:36:07,000
Speaker 10: back and forth as Trump came in, Biden then Trump

774
00:36:07,040 --> 00:36:08,960
Speaker 10: again on this stuff. But if we said you have

775
00:36:09,040 --> 00:36:11,799
Speaker 10: to vote first, you need an affirmative approval of a

776
00:36:11,880 --> 00:36:14,520
Speaker 10: majority in the House and Senate before were new major

777
00:36:14,560 --> 00:36:17,600
Speaker 10: regulations could come in, we would have much more stability,

778
00:36:17,640 --> 00:36:19,080
Speaker 10: and they never get off the ground. So that is

779
00:36:19,200 --> 00:36:21,640
Speaker 10: in this bill. They had to trim it down somewhat.

780
00:36:21,680 --> 00:36:24,360
Speaker 10: It only applies to regulations with a major budgetary effect,

781
00:36:24,400 --> 00:36:26,640
Speaker 10: and it only applies to a list of agencies. But

782
00:36:26,760 --> 00:36:29,160
Speaker 10: epas on the list, the Department of Energies on the list,

783
00:36:29,280 --> 00:36:32,320
Speaker 10: HHS is on the list. So this is huge, huge

784
00:36:32,400 --> 00:36:34,959
Speaker 10: change unfinished business from the Tea Party era. It would

785
00:36:34,960 --> 00:36:38,280
Speaker 10: make a massive difference for the regulatory burden going forward.

786
00:36:38,560 --> 00:36:39,840
Speaker 2: That's a great point.

787
00:36:41,000 --> 00:36:45,400
Speaker 4: We've seen some regulatory removals as far as what we

788
00:36:45,440 --> 00:36:47,680
Speaker 4: saw in Inflation Reduction Act. Can you get into any

789
00:36:47,719 --> 00:36:51,359
Speaker 4: specifics on some of those agencies specifically what we're seeing

790
00:36:51,400 --> 00:36:51,919
Speaker 4: in this bill.

791
00:36:54,000 --> 00:36:56,719
Speaker 10: Yeah, the you know, the Inflation Reduction Act really was

792
00:36:56,719 --> 00:36:59,440
Speaker 10: a disguised Green New Deal, or Green New scam as

793
00:36:59,520 --> 00:37:03,520
Speaker 10: the as President Drum called it. And it's it's not

794
00:37:03,640 --> 00:37:06,759
Speaker 10: so much the regulations as it is the massive subsidies,

795
00:37:06,920 --> 00:37:09,960
Speaker 10: massive spending and tax subsidies to the wind and the

796
00:37:09,960 --> 00:37:13,880
Speaker 10: solar guys and hydrogen and electric vehicles. And the original

797
00:37:14,000 --> 00:37:16,359
Speaker 10: version of this bill was very soft on the phase

798
00:37:16,400 --> 00:37:18,960
Speaker 10: outs of these giveaways. They didn't start for a number

799
00:37:18,960 --> 00:37:22,600
Speaker 10: of years, They phased out slowly. Conservatives really fought hard

800
00:37:22,640 --> 00:37:25,840
Speaker 10: on this, and you know in that late night package

801
00:37:25,880 --> 00:37:28,800
Speaker 10: of changes, the Manager's Amendment, right before the bill finally passed.

802
00:37:29,120 --> 00:37:31,040
Speaker 10: But one thing that got worse was salt, and that

803
00:37:31,080 --> 00:37:32,759
Speaker 10: got a lot of attention. But a lot of things

804
00:37:32,760 --> 00:37:34,760
Speaker 10: got better, and one of the things that got better

805
00:37:35,239 --> 00:37:37,880
Speaker 10: was the phase out of these Green New scam giveaways.

806
00:37:38,160 --> 00:37:42,560
Speaker 10: It's much quicker now and they will actually end during

807
00:37:42,560 --> 00:37:45,160
Speaker 10: the Trump presidency. The original version of the bill postponed

808
00:37:45,160 --> 00:37:47,239
Speaker 10: them into the next presidency, which meant they might never

809
00:37:47,280 --> 00:37:49,840
Speaker 10: have happened, and so that was a major improvement in

810
00:37:49,840 --> 00:37:51,680
Speaker 10: this bill. In the last minute Manager's amendment.

811
00:37:52,440 --> 00:37:54,680
Speaker 3: Great point, and I asked you about a great point?

812
00:37:54,680 --> 00:37:55,839
Speaker 3: Can I say about the salt real quick?

813
00:37:55,880 --> 00:38:00,200
Speaker 4: So Republicans like Lawler and Garbarino campaigned on increasing the salt.

814
00:38:00,360 --> 00:38:04,319
Speaker 4: Garbarino just gets Trump's endorsement. So the political math is

815
00:38:04,320 --> 00:38:06,880
Speaker 4: cleared there. Those seats are tough to hold without that position.

816
00:38:07,360 --> 00:38:10,560
Speaker 4: American Commitments says salt deductions are a total scam. So

817
00:38:10,600 --> 00:38:13,080
Speaker 4: how do we make room for that strategy without losing

818
00:38:13,760 --> 00:38:15,480
Speaker 4: conservative credibility nationally?

819
00:38:16,560 --> 00:38:18,279
Speaker 10: Well, look, I hope the Senate's going to be able

820
00:38:18,320 --> 00:38:21,080
Speaker 10: to dial it back. They quadrupled the salt cap from

821
00:38:21,080 --> 00:38:23,399
Speaker 10: ten thousand dollars to forty thousand dollars in this bill.

822
00:38:23,440 --> 00:38:24,920
Speaker 10: Actually a little more than that, because there's a one

823
00:38:24,960 --> 00:38:27,440
Speaker 10: percent increase every year going forward, so it actually ends

824
00:38:27,480 --> 00:38:30,000
Speaker 10: at about forty three thousand change at the end of

825
00:38:30,040 --> 00:38:33,920
Speaker 10: ten years. This is a subsidy to high taxes at

826
00:38:33,960 --> 00:38:35,480
Speaker 10: the state and local level, and we don't want to

827
00:38:35,520 --> 00:38:37,440
Speaker 10: create an incentive for state and local government to be

828
00:38:37,440 --> 00:38:40,400
Speaker 10: able to raise taxes and pass those costs off to

829
00:38:40,480 --> 00:38:42,440
Speaker 10: the rest of us. This is something though that some

830
00:38:42,480 --> 00:38:44,920
Speaker 10: of those members campaign down. The interesting thing about New York, though,

831
00:38:45,000 --> 00:38:47,319
Speaker 10: is about half the districts in New York have lots

832
00:38:47,360 --> 00:38:50,120
Speaker 10: of salt taxpayers, the other half have almost none. And

833
00:38:50,160 --> 00:38:52,680
Speaker 10: so even within New York State, this is a major

834
00:38:53,000 --> 00:38:56,239
Speaker 10: redistribution from lower income people to higher income people, which

835
00:38:56,280 --> 00:38:58,799
Speaker 10: I thought the Democrats were supposed to be against, but

836
00:38:58,800 --> 00:39:00,759
Speaker 10: they're all for it because it fits them. And we

837
00:39:00,800 --> 00:39:03,319
Speaker 10: still have a handful of Republicans in these very high

838
00:39:03,400 --> 00:39:06,880
Speaker 10: tax blue states like New York, New Jersey, and California.

839
00:39:06,920 --> 00:39:09,400
Speaker 10: They felt politically they had to deliver on this, but

840
00:39:09,440 --> 00:39:12,200
Speaker 10: it carries a huge, huge cost associated with it, and

841
00:39:12,200 --> 00:39:13,960
Speaker 10: that means we didn't have room for other things we'd

842
00:39:14,000 --> 00:39:16,080
Speaker 10: like to see in this bill, in particular the pro

843
00:39:16,080 --> 00:39:19,200
Speaker 10: growth cost recovery provisions that led businesses write off their

844
00:39:19,200 --> 00:39:22,239
Speaker 10: investments immediately. Those only last four years. We had been

845
00:39:22,280 --> 00:39:24,640
Speaker 10: hoping they could be made permanent, but they only last

846
00:39:24,640 --> 00:39:26,520
Speaker 10: four years in part because of the budget math of

847
00:39:26,600 --> 00:39:28,719
Speaker 10: being able to get that salt deal in here. So

848
00:39:29,200 --> 00:39:31,000
Speaker 10: I hope that the Senate can dial that down a

849
00:39:31,000 --> 00:39:33,760
Speaker 10: little bit to pay for making those expensing provisions permanent.

850
00:39:33,760 --> 00:39:36,239
Speaker 10: That would make it a much more robustly pro growth bill.

851
00:39:36,880 --> 00:39:40,399
Speaker 10: But it's political reality. These guys played hardball and they

852
00:39:40,400 --> 00:39:43,239
Speaker 10: delivered for their constituents. And boy, I hope they at

853
00:39:43,280 --> 00:39:47,120
Speaker 10: least get a benefit comme election time, because they definitely

854
00:39:47,400 --> 00:39:49,720
Speaker 10: made it a worse bill from a pro growth economic

855
00:39:49,760 --> 00:39:52,120
Speaker 10: standpoint in order to deliver for those constituents.

856
00:39:52,480 --> 00:39:53,400
Speaker 2: Yeah. Amazing.

857
00:39:54,560 --> 00:39:56,720
Speaker 1: So I want to talk a little bit about the path.

858
00:39:57,000 --> 00:39:59,399
Speaker 1: So the Senate could take this bill apart, which means

859
00:39:59,400 --> 00:40:00,640
Speaker 1: then it would have to go all the way back

860
00:40:00,640 --> 00:40:02,640
Speaker 1: to the House. If they keep it substantios saying, make

861
00:40:02,719 --> 00:40:05,839
Speaker 1: some tweaks with amendments, it goes to conference committee, where

862
00:40:05,880 --> 00:40:08,160
Speaker 1: some of the backroom dealing can be ironed out behind

863
00:40:08,200 --> 00:40:08,920
Speaker 1: closed doors.

864
00:40:09,320 --> 00:40:12,200
Speaker 2: What's your guess? Which path does this likely go on?

865
00:40:13,719 --> 00:40:15,920
Speaker 10: I think what will probably happen is the Senate will

866
00:40:15,920 --> 00:40:17,719
Speaker 10: take up the House bill as the base bill. I

867
00:40:17,719 --> 00:40:19,000
Speaker 10: don't think this is going to be one of those

868
00:40:19,000 --> 00:40:20,560
Speaker 10: things where they throw it in the garbage and write

869
00:40:20,560 --> 00:40:22,080
Speaker 10: their own brand new thing. I think they're going to

870
00:40:22,160 --> 00:40:25,120
Speaker 10: use the House bill as the base for Senate consideration.

871
00:40:25,280 --> 00:40:28,240
Speaker 10: I think we'll see. We may see an actual markup

872
00:40:28,280 --> 00:40:29,960
Speaker 10: in the Senate Finance Committee, but I think they may

873
00:40:30,000 --> 00:40:32,200
Speaker 10: even skip that and just go to the floor with

874
00:40:32,280 --> 00:40:35,000
Speaker 10: a handful of sort of agreed upon amendments and changes.

875
00:40:35,560 --> 00:40:37,720
Speaker 10: That's when it gets interesting, though, because you could see

876
00:40:37,719 --> 00:40:41,920
Speaker 10: hostile amendments potentially on the Senate floor. Remember in twenty seventeen,

877
00:40:42,360 --> 00:40:44,400
Speaker 10: the corporate rate went to the floor at twenty and

878
00:40:44,480 --> 00:40:48,840
Speaker 10: it became twenty one because Rubio organized with Democrats with

879
00:40:48,880 --> 00:40:51,320
Speaker 10: a hostile amendment to increase the chrial tax credit and

880
00:40:51,360 --> 00:40:53,400
Speaker 10: pay for it with a higher corporate tax rate. We

881
00:40:53,480 --> 00:40:57,200
Speaker 10: could see efforts like that again. And so the question

882
00:40:57,280 --> 00:40:59,960
Speaker 10: I think will be kind of what is the leadership chain,

883
00:41:00,120 --> 00:41:02,120
Speaker 10: what do the leadership changes look like, what are the

884
00:41:02,120 --> 00:41:04,319
Speaker 10: things they're going to try to improve on the House bill?

885
00:41:04,600 --> 00:41:07,040
Speaker 10: And then can they beat back hostile amendments or do

886
00:41:07,120 --> 00:41:09,000
Speaker 10: some of those pass as well. But I don't think

887
00:41:09,040 --> 00:41:11,240
Speaker 10: we're going to see the Senate do their own brand

888
00:41:11,239 --> 00:41:13,480
Speaker 10: new bill, because the President really wants this done as

889
00:41:13,480 --> 00:41:16,239
Speaker 10: soon as possible. The House made that Memorial Day deadline.

890
00:41:16,360 --> 00:41:18,200
Speaker 10: He wants it on his desk by July fourth, and

891
00:41:18,280 --> 00:41:20,600
Speaker 10: for that to happen, I think we're going to have

892
00:41:20,600 --> 00:41:22,879
Speaker 10: to see a pretty abbreviated process where the Senate makes

893
00:41:22,920 --> 00:41:26,480
Speaker 10: limited changes and Ideally the House can accept those changes,

894
00:41:26,480 --> 00:41:28,120
Speaker 10: and we don't need to have any kind of conference,

895
00:41:28,160 --> 00:41:30,440
Speaker 10: either formally or informally with the back and forth. So

896
00:41:30,480 --> 00:41:33,359
Speaker 10: it's the balls in the Senate's port right now. If

897
00:41:33,400 --> 00:41:36,319
Speaker 10: the changes are relatively minor, I'm hoping the House can

898
00:41:36,360 --> 00:41:37,960
Speaker 10: take them and we don't have a lot of back

899
00:41:38,000 --> 00:41:38,400
Speaker 10: and forth.

900
00:41:38,760 --> 00:41:39,439
Speaker 2: Yeah, good point.

901
00:41:41,280 --> 00:41:43,200
Speaker 4: So I want to ask you a question that's come

902
00:41:43,200 --> 00:41:46,400
Speaker 4: from our AMAC members. Paragon has raised serious red flags

903
00:41:46,760 --> 00:41:51,640
Speaker 4: about state directed medicaid payments, calling it legalized medicaid money laundering.

904
00:41:52,000 --> 00:41:54,480
Speaker 4: So these payments have grown to over one hundred and

905
00:41:54,520 --> 00:41:57,600
Speaker 4: ten billion a year. Paragon argues that curving them could

906
00:41:57,600 --> 00:42:01,080
Speaker 4: reduce real structural state or produce real structure savings. Does

907
00:42:01,080 --> 00:42:03,080
Speaker 4: this bill take on that issue directly or is this

908
00:42:03,200 --> 00:42:05,680
Speaker 4: the loophole states can exploit.

909
00:42:06,840 --> 00:42:09,880
Speaker 10: Well, this is another change. There were some sort of

910
00:42:09,880 --> 00:42:13,680
Speaker 10: minor changes to this. In particular, they scam the California

911
00:42:13,680 --> 00:42:16,879
Speaker 10: and New York use bill would prohibit more states from

912
00:42:16,920 --> 00:42:20,360
Speaker 10: adopting these managed care organization taxes, but it with grandfather

913
00:42:20,440 --> 00:42:23,080
Speaker 10: California and New York, which is a little ridiculous. Basically,

914
00:42:23,360 --> 00:42:25,640
Speaker 10: you scammed first, so you get to keep scamming which

915
00:42:25,840 --> 00:42:28,200
Speaker 10: I don't really like. But you know, one of the

916
00:42:28,320 --> 00:42:30,680
Speaker 10: late late changes in this which is so important and

917
00:42:30,760 --> 00:42:32,960
Speaker 10: something that Brian Blaze at Paragon has been asking for

918
00:42:33,000 --> 00:42:35,799
Speaker 10: and is really important for seniors in particular, is they

919
00:42:35,920 --> 00:42:39,880
Speaker 10: cap Medicaid provider payments at the Medicare rates. And a

920
00:42:39,920 --> 00:42:41,480
Speaker 10: lot of people scratch their head when they hear this

921
00:42:41,520 --> 00:42:43,399
Speaker 10: and say, you know, my doctor says Medicaid pays way

922
00:42:43,440 --> 00:42:45,880
Speaker 10: less than Medicare anyway. But what's been going on is

923
00:42:46,160 --> 00:42:49,640
Speaker 10: the hospitals, the hospital systems have these arrangements now on

924
00:42:49,680 --> 00:42:52,000
Speaker 10: all these states, which is exactly what you were just

925
00:42:52,000 --> 00:42:54,600
Speaker 10: referring to, where they'll basically say, hey, we'll pay a

926
00:42:54,640 --> 00:42:57,000
Speaker 10: big tax to the state, but you give us all

927
00:42:57,040 --> 00:42:58,799
Speaker 10: the money back and then some after you get the

928
00:42:58,840 --> 00:43:02,640
Speaker 10: federal matching funds. Really by having these inflated, ballooned up

929
00:43:02,680 --> 00:43:06,760
Speaker 10: reimbursements for us as providers and so some hospital payments

930
00:43:06,760 --> 00:43:09,200
Speaker 10: now are three hundred percent of the Medicare rate for

931
00:43:09,239 --> 00:43:11,880
Speaker 10: Medicaid as a way to engage in this money laundering

932
00:43:11,920 --> 00:43:14,719
Speaker 10: scam where they tax the hospitals, get the federal money,

933
00:43:14,719 --> 00:43:16,960
Speaker 10: then hand the money right back to the hospitals through

934
00:43:16,960 --> 00:43:19,640
Speaker 10: these inflated payments. And if you tell the hospitals you're

935
00:43:19,640 --> 00:43:21,439
Speaker 10: going to get two or three times as much money

936
00:43:21,520 --> 00:43:24,239
Speaker 10: for a Medicaid treatment as you do for Medicare. Think

937
00:43:24,239 --> 00:43:26,640
Speaker 10: about that what that means for seniors. Think about what

938
00:43:26,680 --> 00:43:28,759
Speaker 10: that means when you say hospitals can make a lot

939
00:43:28,800 --> 00:43:31,680
Speaker 10: more money treating Medicaid patients than they can Medicare. I

940
00:43:31,719 --> 00:43:34,080
Speaker 10: think it's a terrible, terrible incentive. Not only does it

941
00:43:34,200 --> 00:43:37,160
Speaker 10: enable this financial scamming of federal tax payers, but it

942
00:43:37,200 --> 00:43:40,240
Speaker 10: means that on the margin, hospitals would rather treat Medici

943
00:43:40,360 --> 00:43:42,600
Speaker 10: patients than people who paid their whole life into Medicare.

944
00:43:42,640 --> 00:43:45,960
Speaker 10: So this built caps Medici reimbursements at the Medicare rate.

945
00:43:46,000 --> 00:43:47,759
Speaker 10: I think that would make it much much harder for

946
00:43:47,800 --> 00:43:49,600
Speaker 10: these types of scams to go on. And that was

947
00:43:49,640 --> 00:43:52,200
Speaker 10: one of the changes that conservatives fought for that got

948
00:43:52,200 --> 00:43:55,400
Speaker 10: into that last minute amendment package. So a really positive

949
00:43:55,440 --> 00:43:56,840
Speaker 10: change in taking this on.

950
00:43:57,239 --> 00:43:59,520
Speaker 1: Yeah, a lot of shell games that were going on

951
00:44:00,040 --> 00:44:02,880
Speaker 1: deprive the American taxpayers of good services, and also a

952
00:44:02,880 --> 00:44:05,719
Speaker 1: lot of unnecessary money has been wasted. Great that maybe

953
00:44:05,719 --> 00:44:07,400
Speaker 1: they're going to get to the bottom of the Phil Kurbin,

954
00:44:07,440 --> 00:44:09,400
Speaker 1: President of American Commitment great to have you on the

955
00:44:09,400 --> 00:44:09,799
Speaker 1: show today.

956
00:44:09,800 --> 00:44:11,000
Speaker 2: Thanks for joining us.

957
00:44:11,560 --> 00:44:12,759
Speaker 10: My pleasure. Guys, have a go one.

958
00:44:12,800 --> 00:44:13,880
Speaker 2: Yeah, what a great conversation.

959
00:44:13,920 --> 00:44:15,640
Speaker 1: All right, folks, before we get to our next break,

960
00:44:15,719 --> 00:44:18,799
Speaker 1: remember to go to AMAC dot us slash just news

961
00:44:18,880 --> 00:44:21,319
Speaker 1: right now. You can join for just one dollar for

962
00:44:21,360 --> 00:44:24,120
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963
00:44:24,160 --> 00:44:26,560
Speaker 1: a deal like that. It's really great, right, And what

964
00:44:26,560 --> 00:44:28,799
Speaker 1: can you get for a buck nowadays? You know, not

965
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Speaker 1: hardly anything except a great AMAC membership. You get all

966
00:44:31,760 --> 00:44:34,120
Speaker 1: of AMAX great benefits and you'll help AMAC push for

967
00:44:34,239 --> 00:44:35,279
Speaker 1: change in Washington, d C.

968
00:44:35,440 --> 00:44:38,040
Speaker 2: Again, go to AMAC dot us slash.

969
00:44:37,880 --> 00:44:40,760
Speaker 1: Just news right now to get your membership to AMAC

970
00:44:40,880 --> 00:44:42,120
Speaker 1: for only a dollar's day.

971
00:44:42,200 --> 00:44:43,000
Speaker 2: We'll be right back.

972
00:44:52,760 --> 00:44:55,719
Speaker 1: Welcome back to America to this special report breaking down

973
00:44:55,800 --> 00:44:57,960
Speaker 1: the big Beautiful Bill. I'm still joined by my cost

974
00:44:57,960 --> 00:45:00,640
Speaker 1: for the evening, AMAX Senior Vice President and Charles Stucker.

975
00:45:00,719 --> 00:45:03,239
Speaker 1: And joining us now is another great leader from the

976
00:45:03,239 --> 00:45:07,080
Speaker 1: AMAC team, Andy Manngioni. He's AMAC Action Senior Vice President.

977
00:45:07,120 --> 00:45:09,040
Speaker 1: I call him the field general of all the great

978
00:45:09,040 --> 00:45:11,640
Speaker 1: grassroots work that they do. We're here to talk about

979
00:45:11,680 --> 00:45:14,080
Speaker 1: the Big Beautiful Bill. Andy, welcome, good to have you on.

980
00:45:15,520 --> 00:45:16,319
Speaker 8: Thanks for having me.

981
00:45:16,880 --> 00:45:19,840
Speaker 1: All right, what's in this bill that AMAC member is

982
00:45:19,840 --> 00:45:21,920
Speaker 1: going to care a lot about and what are AMAC

983
00:45:22,000 --> 00:45:24,080
Speaker 1: members do to getting it over the finish line.

984
00:45:24,880 --> 00:45:27,440
Speaker 11: Well, there's a lot in the bill that AMAC members like,

985
00:45:27,840 --> 00:45:30,760
Speaker 11: but I think one of the biggest aspects is healthcare

986
00:45:30,960 --> 00:45:34,839
Speaker 11: and that specifically the pharmacy benefit manager reforms that are

987
00:45:34,840 --> 00:45:38,799
Speaker 11: in this bill. And AMAC members John are completely engaged

988
00:45:39,120 --> 00:45:42,440
Speaker 11: on this issue and others, I mean, they wanted to

989
00:45:42,480 --> 00:45:45,720
Speaker 11: see the one big beautiful bill past. We asked them

990
00:45:45,840 --> 00:45:48,880
Speaker 11: to reach out to their member of Congress after, you know,

991
00:45:49,000 --> 00:45:51,959
Speaker 11: during the debate in the House of Representatives, and within

992
00:45:52,080 --> 00:45:56,320
Speaker 11: seventy two hours last week, AMAC members sent over fourteen thousand,

993
00:45:56,640 --> 00:45:59,399
Speaker 11: four hundred messages to their member of Congress to help

994
00:45:59,520 --> 00:46:02,960
Speaker 11: get this bill over the finish line in the House,

995
00:46:03,120 --> 00:46:05,000
Speaker 11: and they stand ready to do the same in the

996
00:46:05,040 --> 00:46:06,640
Speaker 11: seven Wow.

997
00:46:08,360 --> 00:46:11,000
Speaker 4: One of the things you've been warning about for years

998
00:46:11,080 --> 00:46:14,760
Speaker 4: is how pharmacy benefit managers operate in the shadows, driving

999
00:46:14,840 --> 00:46:19,000
Speaker 4: up drug prices without any real accountability. AMAC members constantly

1000
00:46:19,200 --> 00:46:21,439
Speaker 4: tell us that they feel like they're paying more while

1001
00:46:21,440 --> 00:46:23,640
Speaker 4: getting less and they don't understand where the money is going.

1002
00:46:23,719 --> 00:46:27,160
Speaker 4: So can you walk us through how this bill tackles

1003
00:46:27,560 --> 00:46:31,160
Speaker 4: KBM transparency and what that could mean for seniors on

1004
00:46:31,239 --> 00:46:32,080
Speaker 4: fixed incomes.

1005
00:46:32,880 --> 00:46:36,200
Speaker 11: Absolutely, and as you know, AMAC Action has been advocating

1006
00:46:36,200 --> 00:46:40,600
Speaker 11: for pharmacy benefit manager transparency since way back in twenty eighteen,

1007
00:46:40,880 --> 00:46:42,560
Speaker 11: and you could see how pleased we were to see

1008
00:46:42,560 --> 00:46:45,360
Speaker 11: that the one big, beautiful bill was passed that contains

1009
00:46:45,600 --> 00:46:51,640
Speaker 11: significant PBM transparency measures. The bill gives Medicare plan sponsors

1010
00:46:52,040 --> 00:46:55,720
Speaker 11: the power to audit PBMs annually. So what that means

1011
00:46:55,760 --> 00:46:58,840
Speaker 11: is PBMs must provide not only their own records, but

1012
00:46:58,920 --> 00:47:01,960
Speaker 11: those of their affiliate organizations as well. And as you

1013
00:47:02,040 --> 00:47:05,000
Speaker 11: mentioned before, some of these affiliates operate in the shadows

1014
00:47:05,200 --> 00:47:09,200
Speaker 11: and there's severe penalties for non compliance, So pricing games,

1015
00:47:09,520 --> 00:47:13,080
Speaker 11: FEA structures, and bonuses that are tied to drug costs

1016
00:47:13,120 --> 00:47:16,799
Speaker 11: will all be under scrutiny. The bill requires PBMs to

1017
00:47:16,840 --> 00:47:21,719
Speaker 11: submit of report annually to HHS that includes costing, utilization

1018
00:47:21,880 --> 00:47:27,360
Speaker 11: data and importantly, justifications for favorable drug formulary status of

1019
00:47:27,400 --> 00:47:33,200
Speaker 11: branded products over cheaper alternative, generic, and biosimilar drugs. The

1020
00:47:33,239 --> 00:47:37,440
Speaker 11: bill also breaks the link between PBM compensation and the

1021
00:47:37,440 --> 00:47:42,279
Speaker 11: price of medicines by prohibiting PBMs from receiving any compensation

1022
00:47:42,600 --> 00:47:46,200
Speaker 11: that's related to the dispensing of a specific prescription drug

1023
00:47:46,600 --> 00:47:50,439
Speaker 11: other than a bonafide service fee and other payments. All

1024
00:47:50,520 --> 00:47:53,800
Speaker 11: of this is aimed at reducing premiums and codepays for

1025
00:47:53,920 --> 00:47:55,240
Speaker 11: Medicare beneficiaries.

1026
00:47:57,200 --> 00:48:01,560
Speaker 4: Absolutely, and spread pricing and has lef PBMs charged Medicaid

1027
00:48:01,560 --> 00:48:05,600
Speaker 4: and medicare far more than what they pay pharmacies and

1028
00:48:05,640 --> 00:48:09,000
Speaker 4: then obviously keeping the difference as pure profit. So I

1029
00:48:09,040 --> 00:48:11,239
Speaker 4: know you've been sounding the alarm about this behind the

1030
00:48:11,239 --> 00:48:13,840
Speaker 4: scenes practice for a while now, especially it's impact on

1031
00:48:14,440 --> 00:48:18,000
Speaker 4: taxpayer funded programs. So does this bill finally start to

1032
00:48:18,040 --> 00:48:21,000
Speaker 4: close the door on spread pricing or are there still

1033
00:48:21,040 --> 00:48:21,880
Speaker 4: too many loopholes.

1034
00:48:22,920 --> 00:48:26,200
Speaker 11: The bill bans PBM spread pricing and Medicaid, and as

1035
00:48:26,280 --> 00:48:29,680
Speaker 11: you mentioned, spread pricing is a practice for PBMs charge

1036
00:48:29,760 --> 00:48:32,840
Speaker 11: more for a medicine than the price they secured.

1037
00:48:32,440 --> 00:48:35,080
Speaker 8: From a drug company and they keep the difference. So

1038
00:48:35,160 --> 00:48:36,520
Speaker 8: it's banned in Medicaid.

1039
00:48:36,719 --> 00:48:39,440
Speaker 11: Now, AMAC Action would like to see spread pricing banned

1040
00:48:39,560 --> 00:48:42,840
Speaker 11: in the medicare space as well as other PBM reforms,

1041
00:48:43,000 --> 00:48:45,239
Speaker 11: So we pledge and we're going to continue to keep

1042
00:48:45,280 --> 00:48:48,600
Speaker 11: working with Congress to see that further legislation is passed,

1043
00:48:48,640 --> 00:48:49,760
Speaker 11: it accomplishes these.

1044
00:48:49,640 --> 00:48:50,880
Speaker 2: Goals, Andy, real quickly.

1045
00:48:50,880 --> 00:48:53,440
Speaker 1: If someone wants to join the grassroots army today and

1046
00:48:53,520 --> 00:48:55,719
Speaker 1: get involved in help get this bill over the line,

1047
00:48:55,760 --> 00:48:56,520
Speaker 1: what's the best way to.

1048
00:48:56,480 --> 00:49:01,160
Speaker 11: Do it but at amacaction dot org or and you

1049
00:49:01,160 --> 00:49:02,919
Speaker 11: have to learn all about the work that we're doing

1050
00:49:02,920 --> 00:49:04,920
Speaker 11: at behalf of the AMAC membership.

1051
00:49:05,280 --> 00:49:06,279
Speaker 2: Yeah, we had a blast you.

1052
00:49:06,320 --> 00:49:08,600
Speaker 1: We're here with some of those great AMAC members a

1053
00:49:08,600 --> 00:49:10,680
Speaker 1: couple of weeks ago. What a great conversation, What an

1054
00:49:10,680 --> 00:49:12,720
Speaker 1: exciting thing to see an action Andy.

1055
00:49:12,760 --> 00:49:14,680
Speaker 2: Always a great pleasure to have you on the show.

1056
00:49:15,600 --> 00:49:16,600
Speaker 8: Thank you, my pleasure.

1057
00:49:16,840 --> 00:49:18,759
Speaker 1: Yeah, all right, folks, that's all the time we have

1058
00:49:18,880 --> 00:49:21,560
Speaker 1: for tonight. Unfortunately, but if you haven't yet, I really

1059
00:49:21,640 --> 00:49:23,920
Speaker 1: want you to go to AMAC dot us slash just

1060
00:49:24,000 --> 00:49:26,520
Speaker 1: news right now because for a limited time, viewers of

1061
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Speaker 1: the show can join AMAC for just one dollar for

1062
00:49:29,080 --> 00:49:29,560
Speaker 1: a whole year.

1063
00:49:29,600 --> 00:49:31,160
Speaker 2: That's all the great benefits.

1064
00:49:30,719 --> 00:49:34,560
Speaker 1: Of AMAC, the magazine, the podcast, the daily news feeds,

1065
00:49:34,600 --> 00:49:38,120
Speaker 1: the opportunities to get involved in great citizenship things. You

1066
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Speaker 1: won't find a better deal anywhere. And tonight, if you

1067
00:49:40,440 --> 00:49:42,680
Speaker 1: sign up tonight by going to AMAC dot us slash

1068
00:49:42,840 --> 00:49:45,760
Speaker 1: just news, you also get a free opportunity to attend

1069
00:49:45,760 --> 00:49:48,280
Speaker 1: my next town hall, where I spend an entire hour

1070
00:49:48,360 --> 00:49:50,759
Speaker 1: answering just the news reader's question, so you can get

1071
00:49:50,760 --> 00:49:52,319
Speaker 1: a free be on that one. Go check that out

1072
00:49:52,320 --> 00:49:55,840
Speaker 1: one more time. AMAC dot us slash just News. All right, folks,

1073
00:49:56,080 --> 00:49:57,480
Speaker 1: have a great night. We're going to hand off to

1074
00:49:57,520 --> 00:49:58,640
Speaker 1: the great Grandstitch Film.

1075
00:49:58,800 --> 00:50:00,560
Speaker 2: We'll be back tomorrow. Get a product,