Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: This was scheduled and to be an interview of Joy
Speaker 2: talking about the House, the Budget Committee and all. Jody
Speaker 2: Errington is from the Texas that a lot of people,
Speaker 2: particularly Northerners, don't know. We fly into DFW. Maybe we've
Speaker 2: got a wandering understanding of San Antoni and down to
Speaker 2: the Mexican border, but the northern Texas of Abilene and
Speaker 2: Delbert McClinton and Buddy Holly's Lubbock is just not talked about.
Speaker 2: Mister Errington is of the nineteenth district in the House
Speaker 2: of Representatives and with the Budget Committee. Jody Errington, thank
Speaker 2: you so much for joining Bloomberg.
Speaker 3: Well, what a beautiful introduction. My folks in the food,
Speaker 3: fuel and fiber capital of the world would be would
Speaker 3: be very pleased and proud by that introduction.
Speaker 2: It is three hundred some miles down eighty three south
Speaker 2: to Kerrville. There's people making that drive today. This flood
Speaker 2: has turned the nation upside down. Give us an update,
Speaker 2: sir well.
Speaker 3: It's unimaginably heart wrenching for the families who've lost, especially
Speaker 3: their children overnight. A wall of river that rows almost
Speaker 3: thirty feet in less than an hour. That area is
Speaker 3: prone to flash floods. We have a ranch about three
Speaker 3: miles up the road from Camp Mystic, which is at
Speaker 3: the epicenter of this, but we've never seen anything like this.
Speaker 3: I don't know how you could prepare for it. But
Speaker 3: we're all praying for that community and those families. And
Speaker 3: there's still folks missing, and I know the governor's committed to,
Speaker 3: you know, not ceasing the search and rescue until everybody's found.
Speaker 2: It's Atlanta States Rise, It's Atlanta less federal. You had
Speaker 2: a horrific winter storm. The s winter storms. Folks in
Speaker 2: northern Texas are glacial. I mean they're they're like back
Speaker 2: to the the ice Age. And the answer is, in
Speaker 2: nineteen twenty one, Loveock and Aveline was absolutely leveled and
Speaker 2: you dialed one eight hundred FEMA to get assistance. Is
Speaker 2: the FEMA of twenty twenty one the same as the
Speaker 2: FEMA now?
Speaker 3: Well, I hope it's much improved, but I'm not sure
Speaker 3: that's the case. I think the President's right to push
Speaker 3: that down at the state, local level, not necessarily the
Speaker 3: resources we're taxed on it one way or the other.
Speaker 3: I just think folks at the local and state level
Speaker 3: are probably best to handle it.
Speaker 4: So Congressman talked to us about this legislation that is
Speaker 4: a big success story for the Trumpet administration. I know
Speaker 4: you had a big hand and it talked to us
Speaker 4: about what this spending bill, of this tax bill, what
Speaker 4: does it mean for this economy do you think going forward?
Speaker 3: I think it's significant and it couldn't come at a
Speaker 3: better time. I know there's some uncertainty with the tariff realignment.
Speaker 3: I think that will work out in a very positive
Speaker 3: way when we get these new deals and they we
Speaker 3: have reciprocal trade relationships with folks, so I'm supportive of that.
Speaker 3: In the meantime, we have supercharged the growth that we
Speaker 3: saw from the first Trump tax cuts by making permanent,
Speaker 3: for example, business expensing for R and D, capital interest expensing,
Speaker 3: the pro growth provisions there. And then just tax relief
Speaker 3: to working families, not just the marginal rates, but improving
Speaker 3: the standard deduction and making it permanent. And then of
Speaker 3: course there are several working working man provisions, tax on tips,
Speaker 3: no tax on overtime. Families with children get a supercharge
Speaker 3: of child deduction.
Speaker 4: How does it impact maybe people in your district, some
Speaker 4: a rural district for example. Does the folks in your
Speaker 4: district are they here on Global Wallstery Here at bloomber
Speaker 4: we talked tariffs all day every day. Did the people
Speaker 4: in your district did they think about that or how
Speaker 4: did they think about some of them issues that you're
Speaker 4: trying to address in your bill and maybe the President's
Speaker 4: trying to address with tariffs.
Speaker 3: Well, on the bill, it's just more money in their
Speaker 3: in their pockets, right, That's a good thing for them
Speaker 3: and they recognize it. On the on the other piece,
Speaker 3: you got ag and energy dominate.
Speaker 1: Yeah, I mean it.
Speaker 3: Is the largest oil patch and cattle feeder system and
Speaker 3: in the world. And so they understand unfair trade, they
Speaker 3: understand that it's not sustainable. And I think they're all
Speaker 3: in to support this president getting to that even competitive
Speaker 3: playing field.
Speaker 1: I'm looking for folks with this.
Speaker 2: Judy Arrington here from Texas were thrillies with us in
Speaker 2: nineteenth Congressional district of Northern Texas.
Speaker 1: You know, I look at you. You slipped by in.
Speaker 2: The last election, you win eighty percent of the vote.
Speaker 2: I mean, they gotta do better next time. The President
Speaker 2: took Texas with fifty six percent. I don't know what
Speaker 2: you know off the top of your head what he
Speaker 2: took in the nineteenth congressional little bit.
Speaker 1: Okay, so we're going to get him up there. Okay.
Speaker 2: But the bottom line is, at least they had this
Speaker 2: for Michael Barr. Today, student loans are going to affect
Speaker 2: Texas Tech. They're gonna affect your Texas Tech. How do
Speaker 2: you balance the Trump mantra of tear the federal government
Speaker 2: apart with those eight hundred and forty two kids at
Speaker 2: Texas Tech. They can't go there this fall. I'm making
Speaker 2: it up, folks, they can't go there this fall because
Speaker 2: of the student loan shifts he's proposing.
Speaker 3: Well, I think the fact that we have all of
Speaker 3: this student aid and not targeted necessarily the people who
Speaker 3: need it, I think is an inflation area, has an
Speaker 3: inflation effect on the cost of education. I'm a former
Speaker 3: vice chancellor at Texas Tech. That's my alma mater.
Speaker 2: And the larger they do with the walk on football players,
Speaker 2: they give him like a fancy job.
Speaker 1: What was it like when you walk down? I mean,
Speaker 1: with Patrick Mahomes on the field, when you walked down,
Speaker 1: I would never have a chance.
Speaker 3: I couldn't even catch the balls that he throws today.
Speaker 3: This was under the Spike Dyke's era, where just about
Speaker 3: anybody in their body you could fog, a mirror could
Speaker 3: walk on and and in fact, I didn't play football
Speaker 3: in high school. And when the recruiter asked me when
Speaker 3: we sat down right before my physical, he said, what
Speaker 3: did you play in high school? I said tennis? And
Speaker 3: he thought, old man, I want to see this question.
Speaker 1: Cowboys are chiefs, you know what.
Speaker 3: Cowboys over the chiefs. But I'm a college football guy.
Speaker 3: I'm not really interested. And we're losing that uniqueness in
Speaker 3: college sports because of Aniela another conversation, I think we're destroyed.
Speaker 1: Another D one powerhouse, Duke Cole.
Speaker 4: One of the key topics and key issues for President
Speaker 4: Trump and in his election was immigration. You come from
Speaker 4: a state that is boy, that is right on the
Speaker 4: front lines of immigration. How do the folks in your
Speaker 4: district think about it? I mean a lot of these
Speaker 4: folks that come over, they pick our agric culture, they
Speaker 4: build our homes, they do all that kind of stuff.
Speaker 1: They bust our tables.
Speaker 4: How do people in your district think about it?
Speaker 1: Well?
Speaker 3: I think they appreciate the fact that we don't have
Speaker 3: Americans that would do the jobs that are needed in
Speaker 3: the fields, as you mentioned in agriculture. Probably the same
Speaker 3: could be said in the in the oil patch. But
Speaker 3: I think they first and foremost wanted security and from
Speaker 3: a return to law and order from the chaos. It's
Speaker 3: been devastating and I'm just there with law enforcement. I'm
Speaker 3: telling you, the gangs, the drug activity exponential over the
Speaker 3: last four years.
Speaker 1: So in order to.
Speaker 3: Have the conversation that we need to have about legal
Speaker 3: immigration and making sure we have a win win situation
Speaker 3: with people who want a better life and filling the
Speaker 3: jobs that we need to produce the food, fuel, and.
Speaker 1: Fiber, we had to do.
Speaker 3: We needed a president with the will to do what
Speaker 3: has been done by this president in terms of border security,
Speaker 3: but there's more to be done on the legal side
Speaker 3: so that we can continue to facilitate the economic.
Speaker 2: Okay, including agriculture, which is a small matter from ablee.
Speaker 1: To love it to cut to the chase.
Speaker 2: Henrietta Tree's Beautiful Analyst was on earlier and says they're
Speaker 2: almost hiding the president's langeductedness because Jody Arrington has to
Speaker 2: get re elected in November of twenty twenty six.
Speaker 1: What's your Republican.
Speaker 2: Party in particularly the Texas delegation look like after President Trump?
Speaker 2: Is this like a moment you guys shift back to
Speaker 2: you know, hating Lynden Bans Johnson, or you know, what.
Speaker 1: Does the framework look like after Trump?
Speaker 3: I think President Trump's philosophy and focus on America First
Speaker 3: is here to stay. I think it's here to stay
Speaker 3: for all the right reasons, and I think it resonates
Speaker 3: with all the Republican districts, certainly in Texas. I mean
Speaker 3: it's a ruby red state, and so putting our ag
Speaker 3: producers for in trade, putting our families first, in allowing
Speaker 3: them to keep more of their money, putting the safety
Speaker 3: of our families first. Again, we've been at ground zero
Speaker 3: in this border crisis for several years now.
Speaker 1: So I don't think it.
Speaker 3: I think it remains the America First agenda into the future,
Speaker 3: and I think that's a good thing, and I think
Speaker 3: they will support that.
Speaker 1: Does he understand H two A program and dairy farms.
Speaker 1: I think he does. I think he does.
Speaker 3: In fact, he's the one that led and did that
Speaker 3: well in the first Trump administration. You'll recall he actually
Speaker 3: pushed our party to a deal in fixing.
Speaker 1: H two A.
Speaker 3: It was called H two C.
Speaker 1: It was a reform.
Speaker 3: It was a much improved reform along with giving legal
Speaker 3: status to Dhaka. He pushed our party outside of our comfort.
Speaker 3: It failed ultimately because we didn't get a Democrat.
Speaker 1: To support it.
Speaker 2: We continue with Jody Arrington of the nineteenth Congressionalistic This
Speaker 2: is Northern Texas. Paul did an all night or Friday
Speaker 2: and Saturday. Did you watch all A land Man?
Speaker 1: Oh?
Speaker 4: Yeah, I'm all in.
Speaker 1: I know everything you know about oil and gas When
Speaker 1: you see Landman? Is it fiction? No?
Speaker 3: I think he's pretty true to form, actually for better
Speaker 3: for worse.
Speaker 4: So it's funny when you think about Texas and energy.
Speaker 4: Obviously you think about the oil and gas, but you
Speaker 4: guys also have tons of wind farms and solar and
Speaker 4: you kind of lead the nation all of those things.
Speaker 4: So how does the folks out in your tentstry? How
Speaker 4: did they think about, you know, fossil fuels versus you know,
Speaker 4: alternative energy? I guess is the term? How did they
Speaker 4: think about that?
Speaker 3: I think most folks are for all the above. I
Speaker 3: just think it's how you get there. Accelerating R and
Speaker 3: D for example, where we accelerate the amortization, we make
Speaker 3: that expensing immediate and permanent in this tax bill, as
Speaker 3: long as it's technology neutral. I don't think they want
Speaker 3: the government picking winners and losers. I think they see
Speaker 3: the the good that could come of renewable resources in
Speaker 3: the future. Obviously fossil is finite, but after the natural
Speaker 3: gas shale revolution, we have an ocean of this great resource,
Speaker 3: and so we don't want a distortion. We don't want
Speaker 3: regressive inflationary energy policies. We want it even playing field.
Speaker 3: But no one's averse to all the above, including renewable.
Speaker 3: It's just how aggressive we've been a at accelerating with
Speaker 3: tax benefits for renewable while b over the last four
Speaker 3: years being hostile to our bread and butter, which has
Speaker 3: put a lot of people on the defensive.
Speaker 2: Question, how do you respond in the bill that Paul
Speaker 2: mentioned that the huge benefit goes to the wealthy. Granted
Speaker 2: the wealthy on a percentage basis or paying a lot
Speaker 2: of taxes. How the middle class of Lubbock and Abolene
Speaker 2: fair in this bill.
Speaker 3: I think they believe and have experienced that the value
Speaker 3: of the tax breaks that we extended from the first
Speaker 3: Trump administration in seventeen are greater among the lower and
Speaker 3: middle income folks than the upper up income, and in fact,
Speaker 3: the top one percent pay a greater share.
Speaker 1: And in fact, the top ten.
Speaker 3: Percent of the income earners in the country paid seventy
Speaker 3: percent of all the federal bills. Now they pay seventy
Speaker 3: five percent.
Speaker 2: You're in a Paul mentioned this earlier. You're in a house.
Speaker 2: You guys are riding tall.
Speaker 1: Maybe you lose House Senate president here over the next.
Speaker 2: Two four years ago. What's your response to how the
Speaker 2: Democrats have been so ineffective off of the election. You
Speaker 2: barely won the House. We witnessed that, you barely won
Speaker 2: the Senate. Good morning, Vice President Advance, we witnessed, we
Speaker 2: witnessed that. I mean, are you surprised that the Democrats
Speaker 2: can't get.
Speaker 1: Their act together?
Speaker 3: I am.
Speaker 1: I mean, I'm in the land of Anne Richards. I mean,
Speaker 1: she was iconic. I am.
Speaker 3: They are still wondering why.
Speaker 1: I don't know.
Speaker 3: I think they're so used to being against President Trump
Speaker 3: and making demonizing him that that has become And then
Speaker 3: you've got the left that has overpowered their party to
Speaker 3: the point that it's going to be really difficult to
Speaker 3: break free from their agenda that is disconnected from mainstream Americans.
Speaker 1: Why are you in New York?
Speaker 3: Well, I'm here to tell the good news, the gospel
Speaker 3: of prosperity and security and opportunity that is going to
Speaker 3: come when you get the right policies and set the
Speaker 3: right conditions. We've done it, and I want people to
Speaker 3: know that help is on the way.
Speaker 2: If we do a remote from Abilene all we're the
Speaker 2: Luke cass I love Texas.
Speaker 1: This guy knows his Texas. He knows his Texas. No height, Well,
Speaker 1: you're welcoed anytime.
Speaker 2: Jody, thank you so much for joining us Today's with
Speaker 2: the nineteenth District, the Real Texas and Delbert McClinton and
Speaker 2: one Buddy Holly from years ago. Jody Arrington, thank you
Speaker 2: so much