1 00:00:01,960 --> 00:00:06,200 Speaker 1: Live from our nation's capital. This is Bloomberg sound On 2 00:00:07,520 --> 00:00:11,560 Speaker 1: talking about a huge issue here is investment in marginalized communities. 3 00:00:11,800 --> 00:00:14,800 Speaker 1: They want to deconstruct this package and cherry pick what 4 00:00:14,880 --> 00:00:18,160 Speaker 1: they like what they don't like. China is surgeon powered 5 00:00:18,200 --> 00:00:23,320 Speaker 1: with major investments. Bloomberg Sound On, The insiders, the influencers, 6 00:00:23,360 --> 00:00:27,240 Speaker 1: the insides. Biden has comment again and again able to 7 00:00:27,360 --> 00:00:31,080 Speaker 1: unite the country. Who do you think Biden has to watch? 8 00:00:31,120 --> 00:00:35,279 Speaker 1: In terms of moderate defectors in forttructure has always been 9 00:00:35,400 --> 00:00:41,319 Speaker 1: by part offender Bloomberg sound On on Bloomberg Radio. If 10 00:00:41,320 --> 00:00:43,280 Speaker 1: you're hoping to get a jump start on the holiday 11 00:00:43,320 --> 00:00:46,120 Speaker 1: weekend and are also a U. S senator, the last 12 00:00:46,120 --> 00:00:49,040 Speaker 1: twenty four hours did not go as planned. Will break 13 00:00:49,080 --> 00:00:51,520 Speaker 1: down what the Senate was and wasn't able to accomplish 14 00:00:51,520 --> 00:00:55,240 Speaker 1: before leaving town. Also, we're chatting with the man responsible 15 00:00:55,280 --> 00:00:58,640 Speaker 1: for making sure Republicans take back the House in two. 16 00:00:59,080 --> 00:01:01,440 Speaker 1: I'm Emily wolf in here with my co host Jack 17 00:01:01,480 --> 00:01:04,800 Speaker 1: Fitzpatrick and joined as we so frequently are, by Bloomberg 18 00:01:04,840 --> 00:01:08,119 Speaker 1: Politics contributor Rick Davis. Joining us now on the line 19 00:01:08,280 --> 00:01:12,400 Speaker 1: is Congressman Tom Emmer, who, in addition to representing Minnesota's 20 00:01:12,440 --> 00:01:15,600 Speaker 1: in the northwest suburbs of Milwaukee, is poised to play 21 00:01:15,600 --> 00:01:18,319 Speaker 1: a key role in whether or not Republicans take the 22 00:01:18,360 --> 00:01:21,920 Speaker 1: House in two He is the chair of the National 23 00:01:22,120 --> 00:01:26,000 Speaker 1: Republican Congressional Committee. Congressman, thank you so much for for 24 00:01:26,040 --> 00:01:28,440 Speaker 1: taking some time out of your Friday to join us today. 25 00:01:29,160 --> 00:01:31,520 Speaker 1: I want to dive right in. I know that Republicans 26 00:01:31,640 --> 00:01:34,480 Speaker 1: have a really good chance right now of getting the 27 00:01:34,520 --> 00:01:37,840 Speaker 1: House control of the House. Uh, it's a common thing 28 00:01:38,120 --> 00:01:41,280 Speaker 1: where the minority party tends to be the one to 29 00:01:41,360 --> 00:01:44,320 Speaker 1: do really well in a mid term. In addition, you 30 00:01:44,360 --> 00:01:48,480 Speaker 1: guys have redistricting which is also expected to give Republicans 31 00:01:48,520 --> 00:01:51,120 Speaker 1: a couple of seats. I know that you've talked before 32 00:01:51,280 --> 00:01:55,480 Speaker 1: saying that strategy you guys used was really strong, sort 33 00:01:55,520 --> 00:01:58,360 Speaker 1: of you know, tying all Democrats with the progressive wing 34 00:01:58,440 --> 00:02:01,360 Speaker 1: of the party. But how does of that strategy change 35 00:02:01,400 --> 00:02:03,880 Speaker 1: now that we have a President Biden in the White 36 00:02:03,920 --> 00:02:08,600 Speaker 1: House rather than a President Trump. Emily First, thank you 37 00:02:08,680 --> 00:02:11,040 Speaker 1: so much for having me you and Jack on a 38 00:02:11,040 --> 00:02:13,480 Speaker 1: wonderful Friday afternoon. I hope you're getting ready for a 39 00:02:13,520 --> 00:02:17,519 Speaker 1: great holiday weekend. I do want to correct one thing 40 00:02:17,639 --> 00:02:21,359 Speaker 1: I am not in the Milwaukee Northwest suburbs. I'm actually 41 00:02:21,720 --> 00:02:28,000 Speaker 1: northwest suburbs of Minneapolis into central Minnesota. So I just 42 00:02:28,040 --> 00:02:31,440 Speaker 1: don't want to confuse my friends in Wisconsin. I appreciate that. 43 00:02:31,480 --> 00:02:35,079 Speaker 1: I feel very guilty as a Midwesterner for mixing that up. Embarrassing. 44 00:02:35,240 --> 00:02:37,880 Speaker 1: Thank you, quite all right, because I know you know 45 00:02:38,360 --> 00:02:43,640 Speaker 1: where I am. But anyway, I look, the playbook hasn't changed. 46 00:02:43,639 --> 00:02:46,680 Speaker 1: You win elections with great candidates. We had a great 47 00:02:46,919 --> 00:02:50,600 Speaker 1: group of candidates in the last cycle. We're building off 48 00:02:50,639 --> 00:02:53,720 Speaker 1: that again. As you know, we didn't lose one incumbent 49 00:02:54,080 --> 00:02:58,520 Speaker 1: first time since and we picked up fifteen seats. All 50 00:02:58,639 --> 00:03:01,960 Speaker 1: fifteen of them, by the way, were by female candidates 51 00:03:02,000 --> 00:03:06,520 Speaker 1: and or candidates from minority communities. And so far, Emily, 52 00:03:06,560 --> 00:03:09,239 Speaker 1: in this cycle, we already have over four hundred well 53 00:03:09,280 --> 00:03:12,960 Speaker 1: it's getting close to five D campaigns that have already 54 00:03:13,040 --> 00:03:18,240 Speaker 1: been filed across the country in more than three D districts. Uh. 55 00:03:18,520 --> 00:03:21,160 Speaker 1: So far, we have over a hundred women that are 56 00:03:21,280 --> 00:03:24,200 Speaker 1: running as Republicans for the U. S. House, and we 57 00:03:24,320 --> 00:03:28,040 Speaker 1: have close to ninety candidates from minority communities as well. 58 00:03:28,160 --> 00:03:32,120 Speaker 1: So we're continuing that. Second, you talked about the message, 59 00:03:32,120 --> 00:03:33,919 Speaker 1: and I love it when you talk about the quote 60 00:03:34,000 --> 00:03:38,200 Speaker 1: unquote progressives because they are no longer progressives. They are 61 00:03:38,600 --> 00:03:43,920 Speaker 1: self about socialists. Miss and Case Cortez ilhan Omar Rashida 62 00:03:44,000 --> 00:03:48,160 Speaker 1: to leave Missiana Presley have made it very clear they 63 00:03:48,200 --> 00:03:53,800 Speaker 1: are socialists. And by the way, the agenda that they're promoting, 64 00:03:53,840 --> 00:03:58,720 Speaker 1: whether it's the Green New Deal or it's uh government healthcare, 65 00:03:59,520 --> 00:04:05,160 Speaker 1: these are uh socialist agenda items. And UH, really this 66 00:04:05,240 --> 00:04:09,240 Speaker 1: is what we're building off of your talking about. What 67 00:04:09,280 --> 00:04:14,720 Speaker 1: they're offering is a radical socialist agenda. Nancy Pelosi and 68 00:04:14,840 --> 00:04:17,520 Speaker 1: this group that has taken over the House. It's about 69 00:04:17,600 --> 00:04:22,280 Speaker 1: open borders and closed schools. It's about uh the largest 70 00:04:22,360 --> 00:04:26,000 Speaker 1: tax hit to pay for this socialist agenda since World 71 00:04:26,000 --> 00:04:28,840 Speaker 1: War Two is what they're proposing. Uh. And the list 72 00:04:28,839 --> 00:04:33,520 Speaker 1: goes on and on. So, uh, the message is evolving. 73 00:04:33,760 --> 00:04:37,479 Speaker 1: I think the country understands. And you brought up President Biden. 74 00:04:38,320 --> 00:04:40,560 Speaker 1: Some polling that came out just in the last week 75 00:04:40,640 --> 00:04:44,480 Speaker 1: shows that the I think more than half the country 76 00:04:44,560 --> 00:04:48,800 Speaker 1: views his agenda right now is uh too far to 77 00:04:48,920 --> 00:04:52,720 Speaker 1: the socialist left. So while he may be uh still 78 00:04:52,800 --> 00:04:57,239 Speaker 1: viewed as quote unquota moderate, certainly his administration the actions 79 00:04:57,279 --> 00:05:00,240 Speaker 1: they've taken so far have shown a huge blur to 80 00:05:00,320 --> 00:05:03,000 Speaker 1: the left, the socialist left, and I think that's going 81 00:05:03,040 --> 00:05:07,480 Speaker 1: to harm them at the ballot box in November twenty two. Well, Congressman, 82 00:05:07,520 --> 00:05:09,560 Speaker 1: I know it's a clearly part of your job as 83 00:05:09,680 --> 00:05:13,040 Speaker 1: NRCC chairman to sort of clearly define that contrast and 84 00:05:13,080 --> 00:05:16,560 Speaker 1: define the opposing party. But there there, you know, we 85 00:05:16,600 --> 00:05:21,160 Speaker 1: have questions about how to define the Republican Party as well. Uh. 86 00:05:21,200 --> 00:05:23,440 Speaker 1: And and one thing that really got my attention a 87 00:05:23,440 --> 00:05:27,560 Speaker 1: lot of people's attention was this instance of former Speaker 88 00:05:27,600 --> 00:05:32,720 Speaker 1: Paul Ryan warning at a Reagan Presidential Library event against 89 00:05:32,800 --> 00:05:38,080 Speaker 1: the populist peel appeal of one personality, uh, and essentially 90 00:05:38,120 --> 00:05:42,200 Speaker 1: warning against the Republican Party tying itself too closely to 91 00:05:42,240 --> 00:05:45,800 Speaker 1: the personality of Donald Trump, who lashed out today in 92 00:05:45,839 --> 00:05:48,479 Speaker 1: a couple of statements calling Paul Ryana a rhino. But 93 00:05:48,520 --> 00:05:53,200 Speaker 1: I'm curious, Uh, what is Paul Ryan's role, if he 94 00:05:53,279 --> 00:05:56,120 Speaker 1: has one in the Republican Party. Is he somebody Republicans 95 00:05:56,120 --> 00:05:58,240 Speaker 1: look to? This is the guy who's not that long 96 00:05:58,240 --> 00:06:00,599 Speaker 1: ago speaker? Uh? Does he of a role in the 97 00:06:00,640 --> 00:06:03,919 Speaker 1: Republican Party? And if so, what is it? Oh? Listen, 98 00:06:04,000 --> 00:06:06,839 Speaker 1: everyone's welcome in the Republican Party, and Paul is a 99 00:06:06,839 --> 00:06:10,720 Speaker 1: good friend. Uh. John Bayner is still a friend and active. 100 00:06:10,800 --> 00:06:13,880 Speaker 1: New Gingridge is still out there with his strong voice. 101 00:06:14,320 --> 00:06:17,320 Speaker 1: What I would say to you, Jack, is the last administration, 102 00:06:17,680 --> 00:06:22,240 Speaker 1: the Trump administration, actually did some amazing things, reducing taxes 103 00:06:22,279 --> 00:06:28,400 Speaker 1: on middle class families, growing the economy, creating American energy independence, 104 00:06:28,400 --> 00:06:34,520 Speaker 1: securing our borders. Uh. This new administration and our colleagues 105 00:06:34,560 --> 00:06:37,640 Speaker 1: on the other side of the aisle, these are extremely 106 00:06:37,720 --> 00:06:41,800 Speaker 1: popular things across the country with the American people, and 107 00:06:41,880 --> 00:06:44,360 Speaker 1: now they're suggesting they want to undo all of it. 108 00:06:44,400 --> 00:06:47,680 Speaker 1: You've got a crisis at the border that's developed. Leading 109 00:06:47,680 --> 00:06:50,120 Speaker 1: into this interview. You talked about the fact that gas 110 00:06:50,160 --> 00:06:54,159 Speaker 1: prices have reached high at the pump that we haven't 111 00:06:54,200 --> 00:06:58,800 Speaker 1: seen since two thousand fourteen. With these actions, I think 112 00:06:58,839 --> 00:07:01,400 Speaker 1: they're going to find it's going to be very difficult 113 00:07:02,400 --> 00:07:05,240 Speaker 1: at the polls when when you go out and try 114 00:07:05,279 --> 00:07:09,360 Speaker 1: to sell something different than what Republicans were all about 115 00:07:09,400 --> 00:07:11,280 Speaker 1: the last couple of years. And I think Paul Ryan 116 00:07:11,360 --> 00:07:14,840 Speaker 1: even agrees with that. Congressman. Earlier this year we saw 117 00:07:15,040 --> 00:07:18,920 Speaker 1: Republicans lose those two Senate seats in Georgia, and part 118 00:07:19,000 --> 00:07:22,640 Speaker 1: of the reason why was because Republican voters were repeatedly 119 00:07:22,680 --> 00:07:26,760 Speaker 1: told by former President Trump that election was rigged, and 120 00:07:26,800 --> 00:07:29,360 Speaker 1: they didn't see the point in turning out to vote again. 121 00:07:30,000 --> 00:07:32,080 Speaker 1: The Men Post had a story this month reporting that 122 00:07:32,120 --> 00:07:35,920 Speaker 1: two thirds of Republicans still believe the election was stolen, 123 00:07:36,000 --> 00:07:39,400 Speaker 1: despite being told otherwise by officials like Trump's own Attorney 124 00:07:39,440 --> 00:07:42,280 Speaker 1: General William Barr. What do you need to do to 125 00:07:42,360 --> 00:07:45,480 Speaker 1: convince voters? Do you need to gi vince voters that 126 00:07:45,600 --> 00:07:49,960 Speaker 1: the last US election was legitimate? Well, keep in mind, 127 00:07:50,000 --> 00:07:53,960 Speaker 1: Emily that after the George W. Bush al Gore race, 128 00:07:54,200 --> 00:07:58,800 Speaker 1: eight percent of Democrats believed that that was the legitimate 129 00:07:58,840 --> 00:08:02,760 Speaker 1: outcome of the alleged Uh. We're going to move forward. 130 00:08:02,800 --> 00:08:05,040 Speaker 1: I think the press wants to focus on this stuff 131 00:08:05,080 --> 00:08:09,120 Speaker 1: in Georgia. Raphael Warnock now is going to have a 132 00:08:09,200 --> 00:08:12,880 Speaker 1: voting record, and that's going to hurt him once he's 133 00:08:12,920 --> 00:08:15,040 Speaker 1: not going to be able to sell this idea that 134 00:08:15,160 --> 00:08:17,360 Speaker 1: he's going to Washington to work on issues that are 135 00:08:17,400 --> 00:08:20,760 Speaker 1: most important to Georgian's He's going to Washington to work 136 00:08:20,800 --> 00:08:25,800 Speaker 1: with uh, Mr Schumer and Nancy Pelosi and her socialist left. 137 00:08:25,840 --> 00:08:28,520 Speaker 1: So that's something now that he's going to have to 138 00:08:28,560 --> 00:08:32,240 Speaker 1: answer for. As far as the election, I think people 139 00:08:32,240 --> 00:08:34,560 Speaker 1: are taking steps now that we're coming out of the 140 00:08:34,559 --> 00:08:37,720 Speaker 1: pandemic to make sure that the integrative of our elections 141 00:08:37,800 --> 00:08:41,440 Speaker 1: is not only maintained, but improved. And I think Americans 142 00:08:41,480 --> 00:08:46,080 Speaker 1: will will show up again at the polls and will 143 00:08:46,160 --> 00:08:49,040 Speaker 1: honor the election process in this country. That's what we're about. 144 00:08:49,440 --> 00:08:52,920 Speaker 1: So Congressman, I want to follow up on that, because 145 00:08:52,920 --> 00:08:56,040 Speaker 1: if if you're mentioning Senator Warnock, and if you're looking 146 00:08:56,080 --> 00:08:58,080 Speaker 1: at Senator ofs Off, I think a lot of people 147 00:08:58,160 --> 00:09:02,640 Speaker 1: would say one reason Georgia went well for Democrats was 148 00:09:02,720 --> 00:09:06,040 Speaker 1: there there was a promise of four checks, and that 149 00:09:06,120 --> 00:09:08,160 Speaker 1: was that it turned out to pull very well, and 150 00:09:08,559 --> 00:09:11,760 Speaker 1: it was a popular promise to make, and that's something 151 00:09:11,800 --> 00:09:14,880 Speaker 1: that Democrats followed through on on the stimulus, and I'm 152 00:09:14,920 --> 00:09:18,800 Speaker 1: curious how you address what we've seen from President Biden 153 00:09:19,040 --> 00:09:21,520 Speaker 1: with the one point nine trillion dollars stimulus that pulled 154 00:09:21,640 --> 00:09:24,400 Speaker 1: very well, with the budget that we saw come out 155 00:09:24,440 --> 00:09:28,200 Speaker 1: today calling for six trillion dollars in spending and rising 156 00:09:28,240 --> 00:09:30,439 Speaker 1: over the next few years, and a lot of the polling, 157 00:09:30,720 --> 00:09:32,360 Speaker 1: maybe you have exceptions, but a lot of the polling 158 00:09:32,400 --> 00:09:36,600 Speaker 1: seems to show giving people money is quite popular. Uh, 159 00:09:36,640 --> 00:09:40,760 Speaker 1: And I'm not sure if the pushback in terms of 160 00:09:40,800 --> 00:09:43,320 Speaker 1: the debt and deficit is quite as effective as it 161 00:09:43,400 --> 00:09:46,200 Speaker 1: might have been a decade ago or so what to 162 00:09:46,280 --> 00:09:50,080 Speaker 1: what extent are these economic issues going to be at 163 00:09:50,080 --> 00:09:52,040 Speaker 1: the center of the Republican campaign? And how do you 164 00:09:52,080 --> 00:09:56,079 Speaker 1: talk about the debt and deficit after after the tax 165 00:09:56,080 --> 00:10:00,720 Speaker 1: cuts of so? First off, I love that you call 166 00:10:00,760 --> 00:10:04,840 Speaker 1: the one point nine trillion dollars bill is stimulus. Obviously 167 00:10:05,000 --> 00:10:07,280 Speaker 1: was intended to be that, but it was called the 168 00:10:07,320 --> 00:10:11,600 Speaker 1: Coronavirus Relief or whatever it was act. It wasn't even 169 00:10:11,600 --> 00:10:15,240 Speaker 1: about coronavirus. I mean, one point nine trillion dollars and 170 00:10:15,360 --> 00:10:19,240 Speaker 1: you've got just a minuscule amount of it. I think 171 00:10:19,320 --> 00:10:23,719 Speaker 1: less than ten percent actually dealt with the coronavirus. Uh. 172 00:10:24,040 --> 00:10:28,520 Speaker 1: By the way, the Obama stimulus hold quite popular too 173 00:10:28,920 --> 00:10:31,680 Speaker 1: right after it was passed, But once people found out 174 00:10:31,720 --> 00:10:33,800 Speaker 1: what was in it, and frankly, what was not in 175 00:10:33,880 --> 00:10:37,080 Speaker 1: it a year later, there was a lot of buyers remorse. 176 00:10:37,120 --> 00:10:39,800 Speaker 1: And you already see that with one point nine trillion 177 00:10:39,800 --> 00:10:44,120 Speaker 1: dollar Corona Relief coronavirus relief bill that was passed at 178 00:10:44,160 --> 00:10:48,240 Speaker 1: the outset of this UH of this Congress. I think 179 00:10:48,240 --> 00:10:51,120 Speaker 1: it's close to, if not more than, fifty percent of 180 00:10:51,160 --> 00:10:54,439 Speaker 1: Americans right now, I would tell you that that coronavirus 181 00:10:54,440 --> 00:10:59,200 Speaker 1: relief bill is doing absolutely nothing for them. So look 182 00:10:59,600 --> 00:11:02,680 Speaker 1: when people start looking at what are not main street 183 00:11:02,760 --> 00:11:06,960 Speaker 1: values again, siding with powerful teachers unions instead of siding 184 00:11:06,960 --> 00:11:09,760 Speaker 1: with our students to get them back into school full time. 185 00:11:09,840 --> 00:11:14,560 Speaker 1: Jack uh destroying American energy independence by with one stroke 186 00:11:14,600 --> 00:11:18,400 Speaker 1: of the pen killing the Keystone XL pipeline and the 187 00:11:18,440 --> 00:11:21,679 Speaker 1: eleven thousand great paying American jobs that came with it. 188 00:11:22,240 --> 00:11:24,640 Speaker 1: And then when you tell them, hey, we're gonna give 189 00:11:24,679 --> 00:11:26,640 Speaker 1: you this stuff, but at the end of the day, 190 00:11:26,640 --> 00:11:29,240 Speaker 1: we're going to crank that taxes up. And by the way, 191 00:11:29,480 --> 00:11:32,120 Speaker 1: it's popular to say doing it, i'm wealthy people. But 192 00:11:32,160 --> 00:11:34,280 Speaker 1: when you start hitting the middle class and all the 193 00:11:34,320 --> 00:11:37,280 Speaker 1: way down to the lowest rung of the economic ladder, 194 00:11:38,559 --> 00:11:41,200 Speaker 1: Chairman Emery, I think we're gonna have to leave it there. 195 00:11:41,280 --> 00:11:43,200 Speaker 1: I hear what you're saying. I think we're gonna have 196 00:11:43,240 --> 00:11:45,160 Speaker 1: to leave it there. Thank you so much for joining 197 00:11:45,240 --> 00:11:48,559 Speaker 1: us today. Coming up, we recap this week in Congress 198 00:11:48,760 --> 00:11:57,760 Speaker 1: I'm Emi Wilkins. This is Bloomberg. This is Bloomberg Sound 199 00:11:57,800 --> 00:12:03,080 Speaker 1: On on Bloomberg Radio. I'm Jack Fitzpatrick here with my 200 00:12:03,240 --> 00:12:06,680 Speaker 1: co host Emily Wilkins of Bloomberg Government, and we've got 201 00:12:06,679 --> 00:12:11,160 Speaker 1: Bloomberg Politics contributor Rick Davis joining us. And of course, 202 00:12:11,400 --> 00:12:14,160 Speaker 1: just a couple of minutes ago, you heard from Congressman 203 00:12:14,200 --> 00:12:18,800 Speaker 1: Tom Emmer, who not only is a Republican congressman from Minnesota, 204 00:12:18,880 --> 00:12:21,400 Speaker 1: but the head of the NRCC. He is in charge 205 00:12:21,559 --> 00:12:25,040 Speaker 1: of trying to make sure that Republicans win back the 206 00:12:25,040 --> 00:12:28,600 Speaker 1: House majority in twenty twenty two. Now, we talked about 207 00:12:28,640 --> 00:12:30,360 Speaker 1: a few things, but the first thing I just want 208 00:12:30,360 --> 00:12:33,280 Speaker 1: to do, uh is you know, Rick, I'm curious what 209 00:12:33,400 --> 00:12:36,240 Speaker 1: you made of that in in particular. You know, he 210 00:12:36,360 --> 00:12:39,439 Speaker 1: sounded like somebody who is trying to position the Republican 211 00:12:39,480 --> 00:12:42,200 Speaker 1: Party as the minority party. He wanted to talk about 212 00:12:42,440 --> 00:12:45,319 Speaker 1: any bad polling for Biden. He wanted to talk about 213 00:12:45,920 --> 00:12:48,840 Speaker 1: Democrats who call themselves socialists. He didn't want to talk 214 00:12:48,840 --> 00:12:52,479 Speaker 1: about Donald Trump. Uh. He wanted to talk about any 215 00:12:52,520 --> 00:12:55,720 Speaker 1: failure they can look for for the majority to position 216 00:12:55,800 --> 00:12:58,920 Speaker 1: themselves to get back to the majority and sort of 217 00:12:59,160 --> 00:13:02,080 Speaker 1: give people that contrast. But Rick, what do you think 218 00:13:02,120 --> 00:13:04,679 Speaker 1: do they do they just skate into the majority the 219 00:13:04,720 --> 00:13:08,040 Speaker 1: Republicans in two because of how redistricting looks and because 220 00:13:08,080 --> 00:13:10,000 Speaker 1: of the fact that it's a mid term, or do 221 00:13:10,000 --> 00:13:12,400 Speaker 1: they have to do anything different than what you're seeing 222 00:13:12,400 --> 00:13:15,800 Speaker 1: from Republicans right now and in order to actually ensure 223 00:13:15,840 --> 00:13:18,920 Speaker 1: that they can retake that majority. Yeah, I thought y'all 224 00:13:18,960 --> 00:13:20,280 Speaker 1: did it as good a job as you were going 225 00:13:20,320 --> 00:13:22,959 Speaker 1: to do against Congressman Emery in that interview. I mean, 226 00:13:22,960 --> 00:13:25,600 Speaker 1: he's a trained professional on how to obfuscate and not 227 00:13:25,679 --> 00:13:29,120 Speaker 1: answer questions. So I'd say I'd give it a tie 228 00:13:29,160 --> 00:13:31,480 Speaker 1: at this point. Um. You know, look, one of the 229 00:13:31,520 --> 00:13:34,240 Speaker 1: reasons mid terms have a big turnover and the party 230 00:13:34,360 --> 00:13:37,319 Speaker 1: out of power usually win seats in the House as 231 00:13:37,400 --> 00:13:39,080 Speaker 1: much as you know, I think the average is over 232 00:13:40,679 --> 00:13:43,280 Speaker 1: is because being in the minority means you just get 233 00:13:43,320 --> 00:13:45,920 Speaker 1: to pick take all your time picking on the majority, 234 00:13:46,000 --> 00:13:48,360 Speaker 1: and you don't really need a governing plan. You don't 235 00:13:48,400 --> 00:13:50,439 Speaker 1: have to have a solution to these things other than 236 00:13:50,520 --> 00:13:53,000 Speaker 1: just be opposed to what the current president of the 237 00:13:53,040 --> 00:13:56,199 Speaker 1: current Congress is for. And so there is an advantage 238 00:13:56,200 --> 00:13:59,199 Speaker 1: to that, right, I mean, it is easier to cast 239 00:13:59,200 --> 00:14:02,800 Speaker 1: a negative message than it is to h to really 240 00:14:02,840 --> 00:14:05,719 Speaker 1: be able to present anything positive in this kind of 241 00:14:05,760 --> 00:14:09,360 Speaker 1: an environment. That being said, Jack, I think you pointed 242 00:14:09,360 --> 00:14:13,880 Speaker 1: out to Congressman Emmer that people like spending, right, I 243 00:14:13,920 --> 00:14:17,120 Speaker 1: mean like getting checks and all this. You know, domestic 244 00:14:17,200 --> 00:14:21,360 Speaker 1: spending is uh pretty favorable in most polling I've seen, 245 00:14:21,440 --> 00:14:24,560 Speaker 1: and so the Biden administration and Congress is landed on 246 00:14:24,680 --> 00:14:28,240 Speaker 1: pretty thick uh you know, increase in domestic spending in 247 00:14:28,240 --> 00:14:31,240 Speaker 1: this budget with no increase in defense. Uh. You know, 248 00:14:31,320 --> 00:14:34,160 Speaker 1: these are big numbers, and so they're going to have 249 00:14:34,320 --> 00:14:38,760 Speaker 1: an impact in some constituencies around the country. So I 250 00:14:38,760 --> 00:14:40,800 Speaker 1: would say it's it's going to be an interesting fight. 251 00:14:40,800 --> 00:14:44,400 Speaker 1: And the Democrats are actually doing something quite different where 252 00:14:44,400 --> 00:14:46,840 Speaker 1: they're loading a gun with as much activity as they 253 00:14:46,840 --> 00:14:49,240 Speaker 1: can in the first year and a half to see 254 00:14:49,240 --> 00:14:52,600 Speaker 1: whether or not they can change that historical average. Ricky 255 00:14:52,640 --> 00:14:54,200 Speaker 1: bring up a great point there. I mean, when you 256 00:14:54,240 --> 00:14:57,600 Speaker 1: talk to Democrats about how they expect to hold onto 257 00:14:57,640 --> 00:15:00,000 Speaker 1: the House after the mid terms, just because there are 258 00:15:00,120 --> 00:15:03,200 Speaker 1: so many factors working for the Republicans here, the one 259 00:15:03,200 --> 00:15:06,280 Speaker 1: thing they always turned to is we're going to pass 260 00:15:06,400 --> 00:15:09,480 Speaker 1: this big spending bill. It's going to be infrastructure, it's 261 00:15:09,480 --> 00:15:12,040 Speaker 1: going to be childcare, it's going to be education. Voters 262 00:15:12,080 --> 00:15:14,840 Speaker 1: are gonna love that, and they're gonna make sure that 263 00:15:14,840 --> 00:15:19,320 Speaker 1: that Nancy Pelosi or or whichever Democrat succeeds her keeps 264 00:15:19,360 --> 00:15:24,400 Speaker 1: the gavel in two. I'm wondering, Rick, do do you 265 00:15:24,440 --> 00:15:27,960 Speaker 1: think that that is a valid argument. Can a big 266 00:15:28,000 --> 00:15:33,360 Speaker 1: spending bill offset the fact that historically the party that's 267 00:15:33,360 --> 00:15:35,560 Speaker 1: in the White House tends to lose an average of 268 00:15:35,560 --> 00:15:37,640 Speaker 1: twenty seven seats when when it comes to a mid 269 00:15:37,760 --> 00:15:41,480 Speaker 1: term kind of spending bill off set that. Yeah, spending 270 00:15:41,520 --> 00:15:45,360 Speaker 1: can be popular. Uh, some of these programs are very 271 00:15:45,400 --> 00:15:49,640 Speaker 1: popular within certain constituencies that could be considered swing constituencies, 272 00:15:50,120 --> 00:15:53,480 Speaker 1: especially in some of these more open districts. Although we 273 00:15:53,560 --> 00:15:57,000 Speaker 1: are going through a redistricting and a checkpointed out, you know, 274 00:15:57,120 --> 00:15:59,640 Speaker 1: Republicans tend to do well, and we'll do well in 275 00:15:59,640 --> 00:16:02,960 Speaker 1: this districting, so some of that will change. Also, I 276 00:16:02,960 --> 00:16:06,400 Speaker 1: would say the one thing that Democrats are enjoying and 277 00:16:06,400 --> 00:16:08,640 Speaker 1: and and don't have to do much about it is 278 00:16:08,680 --> 00:16:13,320 Speaker 1: the disarray within the Republican Party. Jack asked Congressman Emmer 279 00:16:13,360 --> 00:16:18,840 Speaker 1: about former speaker, former vice presidential nominee Paul Ryan's speech 280 00:16:18,880 --> 00:16:21,560 Speaker 1: at the Reagan Library where he really said, We've got 281 00:16:21,560 --> 00:16:25,920 Speaker 1: to move on past this this uh populism that was 282 00:16:26,000 --> 00:16:30,480 Speaker 1: made popular under Donald Trump's presidency, and he just refused 283 00:16:30,480 --> 00:16:32,920 Speaker 1: to engage in that. I mean, they're the one thing 284 00:16:32,920 --> 00:16:35,000 Speaker 1: that's going on that could help Democrats in the mid 285 00:16:35,160 --> 00:16:37,960 Speaker 1: term is Republican Party trying to find their way and 286 00:16:38,000 --> 00:16:41,280 Speaker 1: create leadership that's not Donald Trump and Donald Trump fighting 287 00:16:41,320 --> 00:16:44,120 Speaker 1: back and not willing to allow that to happen. Yeah, 288 00:16:44,120 --> 00:16:47,320 Speaker 1: that I found it interesting. I couldn't even uh force 289 00:16:47,400 --> 00:16:49,720 Speaker 1: an answer out of him necessarily on that topic, and 290 00:16:49,880 --> 00:16:53,080 Speaker 1: I'm not surprised. I don't think an NRCC chairman would 291 00:16:53,080 --> 00:16:56,560 Speaker 1: ever really want to focus publicly on a debate between 292 00:16:57,000 --> 00:17:01,440 Speaker 1: two Republicans who have very for infuse of the direction 293 00:17:01,440 --> 00:17:03,320 Speaker 1: of the party. But by the way, let's get into 294 00:17:03,360 --> 00:17:08,280 Speaker 1: the specifics of what we're talking about with the spending agenda. 295 00:17:08,400 --> 00:17:10,399 Speaker 1: You know, we we talked about the stimulus, but the 296 00:17:10,400 --> 00:17:14,320 Speaker 1: other piece of big news today was the six trillion 297 00:17:14,359 --> 00:17:18,640 Speaker 1: dollar budget plan that came out from President Biden. Rick. 298 00:17:18,680 --> 00:17:21,119 Speaker 1: I'm curious what you think about when you look at 299 00:17:21,160 --> 00:17:23,840 Speaker 1: this in its totality, how much of this con Democrats 300 00:17:24,119 --> 00:17:26,640 Speaker 1: ram through in a partisan way. How much of this 301 00:17:26,720 --> 00:17:29,520 Speaker 1: is just d O A and it's not going anywhere. 302 00:17:29,680 --> 00:17:32,080 Speaker 1: How much of it is legitimate versus just stuff that's 303 00:17:32,080 --> 00:17:34,160 Speaker 1: going to be tossed in the trash on Capitol Hill. Yeah, 304 00:17:34,240 --> 00:17:37,080 Speaker 1: I mean Lindsey Graham today, the ranking on the Budget 305 00:17:37,080 --> 00:17:39,840 Speaker 1: Committee in the Senate, said dead on arrival, and and 306 00:17:40,000 --> 00:17:43,680 Speaker 1: but he clarified it. Every president's budget is dead on arrival. 307 00:17:44,440 --> 00:17:46,960 Speaker 1: It's a it's an outline, right, it's not meant to 308 00:17:46,960 --> 00:17:51,600 Speaker 1: be actually a legislative vehicle. It's his governing plan. This 309 00:17:51,680 --> 00:17:55,199 Speaker 1: is how Joe Biden thinks America should move into the 310 00:17:55,240 --> 00:17:58,240 Speaker 1: next century. And and so, uh, it will be made 311 00:17:58,320 --> 00:18:00,760 Speaker 1: up of a lot of things we're already debating. You know, 312 00:18:00,840 --> 00:18:04,040 Speaker 1: inside of there is the infrastructure plan. Inside of there, 313 00:18:04,040 --> 00:18:08,320 Speaker 1: you know is healthcare. Inside of there is a lot 314 00:18:08,359 --> 00:18:12,680 Speaker 1: of the legislative activity that really comes to head this summer, 315 00:18:12,720 --> 00:18:16,359 Speaker 1: you know, when they start writing appropriations bill. So I 316 00:18:16,400 --> 00:18:19,679 Speaker 1: think it's I think setting a tone and it's going big. Right. Well, 317 00:18:19,720 --> 00:18:21,680 Speaker 1: I'd love to keep talking about the budget because that's 318 00:18:21,720 --> 00:18:23,640 Speaker 1: what I do for a living. But we've also got 319 00:18:23,680 --> 00:18:26,800 Speaker 1: to talk about this January six commission that has been 320 00:18:26,840 --> 00:18:29,960 Speaker 1: blocked in the Senate. What happened with the Research and 321 00:18:30,000 --> 00:18:32,800 Speaker 1: Development bill that they're struggling within the Senate as well. 322 00:18:33,040 --> 00:18:35,959 Speaker 1: Coming up, we'll talk about that. I'm Jack Fitzpatrick, This 323 00:18:36,000 --> 00:18:43,920 Speaker 1: is Bloomberg. I'm Emlie Wilkins here with Jack Fitzpatrick and 324 00:18:44,000 --> 00:18:49,240 Speaker 1: Rick Davis. Today, President Joe Biden kicked off congressional spending 325 00:18:49,280 --> 00:18:56,119 Speaker 1: negotiations when he sent lawmakers his full fiscal two budget proposal. Uh, 326 00:18:56,240 --> 00:18:59,760 Speaker 1: we are speaking on Bloomberg surveillance. Earlier today, White House 327 00:18:59,800 --> 00:19:04,600 Speaker 1: now Economic Council Deputy Director but rat Rama Murdy called 328 00:19:04,600 --> 00:19:08,720 Speaker 1: the budget fiscally responsible. Here is a sound on that 329 00:19:09,119 --> 00:19:12,199 Speaker 1: the budget demonstrates that there's a fiscally responsible way of 330 00:19:12,320 --> 00:19:16,840 Speaker 1: ensuring long term, sustainable economic growth in the United States. 331 00:19:16,880 --> 00:19:19,440 Speaker 1: What the budget calls for is a series of investments 332 00:19:19,440 --> 00:19:22,760 Speaker 1: in our infrastructure, as a series of investments in our 333 00:19:22,800 --> 00:19:25,520 Speaker 1: families and in four additional years of school, all of 334 00:19:25,520 --> 00:19:29,320 Speaker 1: which are about improving and increasing the productive capacity of 335 00:19:29,359 --> 00:19:31,879 Speaker 1: our economy over the long term. So a lot of 336 00:19:31,880 --> 00:19:34,200 Speaker 1: the stuff that we're seeing in this budget have been 337 00:19:34,440 --> 00:19:37,520 Speaker 1: part of the proposals that President Biden has already put 338 00:19:37,560 --> 00:19:41,480 Speaker 1: out on infrastructure, on childcare, on education. But I want 339 00:19:41,480 --> 00:19:43,920 Speaker 1: to get into some other parts of this bill. And 340 00:19:43,960 --> 00:19:47,479 Speaker 1: I'm so lucky today that Jack Fitzpatrick is joining me 341 00:19:47,560 --> 00:19:52,399 Speaker 1: because he is our budget and appropriations guru over at 342 00:19:52,400 --> 00:19:56,080 Speaker 1: Bloomberg Governa. No one, no one is smarter on this. 343 00:19:56,359 --> 00:19:59,520 Speaker 1: It definitely is Jack. I know that one of the 344 00:20:00,000 --> 00:20:02,679 Speaker 1: things parts of this bill that we've actually seen some 345 00:20:02,760 --> 00:20:07,240 Speaker 1: tentimund is defense spending. Republicans have said it's far too low. 346 00:20:07,440 --> 00:20:10,639 Speaker 1: Progressives have said it's far too high. Jacket. Is this 347 00:20:10,720 --> 00:20:13,840 Speaker 1: going to become an issue as Congress moves forward with 348 00:20:13,960 --> 00:20:16,600 Speaker 1: figuring out the details of the spending bill. Yeah, I 349 00:20:16,640 --> 00:20:19,119 Speaker 1: see this as one of the biggest fights ahead for 350 00:20:19,160 --> 00:20:21,280 Speaker 1: the next year, or at least through the end of 351 00:20:21,280 --> 00:20:26,520 Speaker 1: the fiscal year septe UM. It's really challenging because Biden 352 00:20:26,600 --> 00:20:30,040 Speaker 1: tried to kind of thread the needle and is proposing 353 00:20:30,119 --> 00:20:33,520 Speaker 1: a very small but one point seven percent increase in 354 00:20:33,680 --> 00:20:38,000 Speaker 1: defense spending. Republicans are complaining, you know, adjusted for inflation, 355 00:20:38,000 --> 00:20:39,920 Speaker 1: that's going to end up being a cut. But also 356 00:20:39,920 --> 00:20:43,320 Speaker 1: have progressives we already heard immediately from Primilla Jaya Paul 357 00:20:43,359 --> 00:20:46,240 Speaker 1: and Mark Polkan in the House saying we should actually 358 00:20:46,280 --> 00:20:49,720 Speaker 1: cut defense, you know, if you're a progressive, we shouldn't 359 00:20:49,720 --> 00:20:52,320 Speaker 1: be freezing defense funds, we should actually be cutting it. 360 00:20:52,880 --> 00:20:56,159 Speaker 1: Keep in mind, you know, Democrats have such a narrow 361 00:20:56,200 --> 00:20:59,240 Speaker 1: majority in both chambers, it's going to be really challenging 362 00:20:59,680 --> 00:21:03,199 Speaker 1: to even uh sort of wrangled the Democrats on on 363 00:21:03,240 --> 00:21:05,399 Speaker 1: this issue and get them to agree with themselves. And 364 00:21:05,400 --> 00:21:07,560 Speaker 1: in fact, I asked the budget chairman in the House, 365 00:21:07,640 --> 00:21:09,840 Speaker 1: John Yarmouth, what he's going to do with a budget 366 00:21:09,880 --> 00:21:11,800 Speaker 1: resolution and how this is going to go through Congress. 367 00:21:11,920 --> 00:21:14,000 Speaker 1: He said he would be amazed if he can even 368 00:21:14,080 --> 00:21:17,320 Speaker 1: get an agreement out of his committee, let alone through 369 00:21:17,359 --> 00:21:22,400 Speaker 1: the floor, because Democrats themselves are so divided on defense. 370 00:21:22,600 --> 00:21:25,280 Speaker 1: And I'm curious, I have to know what Rick thinks 371 00:21:25,280 --> 00:21:27,840 Speaker 1: about this. Do you agree with me that this is 372 00:21:27,840 --> 00:21:31,119 Speaker 1: going to be a huge sticking point in spending talks 373 00:21:31,160 --> 00:21:33,240 Speaker 1: for a while. I just don't see a way around them. Rick, 374 00:21:33,280 --> 00:21:35,400 Speaker 1: what do you think? Yeah? I think this is a 375 00:21:35,480 --> 00:21:39,200 Speaker 1: really a fundamental issue on how these budgets are built. Um, 376 00:21:39,240 --> 00:21:42,040 Speaker 1: And I was curious, you know, Jack, is is we 377 00:21:42,160 --> 00:21:45,760 Speaker 1: used to talk about funding in a macro sense if 378 00:21:45,760 --> 00:21:47,920 Speaker 1: you had an increase in defense spending, which was most 379 00:21:47,960 --> 00:21:49,919 Speaker 1: of the debate in the last twenty years. You know, 380 00:21:49,960 --> 00:21:53,199 Speaker 1: how to rebuild the military, you had to have offsetting 381 00:21:53,280 --> 00:21:56,760 Speaker 1: equal amounts of spending that increased in domestic spending. And 382 00:21:56,800 --> 00:21:59,840 Speaker 1: that was sort of the the Homo Stasius of budget 383 00:22:00,080 --> 00:22:01,760 Speaker 1: on the Hill is you know, a dollar in the 384 00:22:01,840 --> 00:22:05,119 Speaker 1: defense means a dollar into social programs, and and and 385 00:22:05,160 --> 00:22:07,800 Speaker 1: so I'm curious. I mean, like, this is a twenty 386 00:22:07,880 --> 00:22:13,560 Speaker 1: percent increase in UH in social spending, non defense budget spending. 387 00:22:14,040 --> 00:22:18,399 Speaker 1: Um is all that now broken down? Oh? Yeah, the 388 00:22:18,400 --> 00:22:21,399 Speaker 1: the old way of doing things, at least in some sense, 389 00:22:21,520 --> 00:22:24,360 Speaker 1: is out the window. And that's not my prediction for 390 00:22:24,440 --> 00:22:27,159 Speaker 1: what kind of deal they'll eventually reach. But you know, 391 00:22:27,240 --> 00:22:30,400 Speaker 1: let me just to distill the complicated stuff into something 392 00:22:30,400 --> 00:22:34,119 Speaker 1: that's playing English. For the last decade, they had a 393 00:22:34,240 --> 00:22:38,520 Speaker 1: law that limited spending lower than what anyone really wanted 394 00:22:38,520 --> 00:22:41,439 Speaker 1: a Republicans or Democrats. So every two years for a 395 00:22:41,440 --> 00:22:45,040 Speaker 1: decade they got together in a bipartisan way and set 396 00:22:45,160 --> 00:22:47,600 Speaker 1: new spending limits so that they could agree on this. 397 00:22:47,720 --> 00:22:50,960 Speaker 1: And that's where this this idea of parody was almost 398 00:22:51,320 --> 00:22:54,159 Speaker 1: built into law. If you want an increase for the 399 00:22:54,200 --> 00:22:57,400 Speaker 1: military and Republicans, do you get an increase in domestic 400 00:22:57,440 --> 00:23:01,320 Speaker 1: spending and Democrats to that law just expired going into 401 00:23:01,359 --> 00:23:04,320 Speaker 1: this next fiscal year, and I've asked around so many people. 402 00:23:04,680 --> 00:23:06,960 Speaker 1: Nobody seems to know exactly how they are going to 403 00:23:07,080 --> 00:23:10,480 Speaker 1: approach this question of how do you strike a deal. 404 00:23:10,720 --> 00:23:14,280 Speaker 1: I would know that the Senate Appropriations Chairman Patrick Lahey 405 00:23:14,320 --> 00:23:16,199 Speaker 1: put out a statement saying he thinks there should be 406 00:23:16,240 --> 00:23:20,160 Speaker 1: bipartisan talks early and and Democrats can't just go, uh, 407 00:23:20,200 --> 00:23:22,320 Speaker 1: sort of on their own on this. But that's that's 408 00:23:22,359 --> 00:23:25,600 Speaker 1: the only thing I've heard from Democrats saying, let's get 409 00:23:25,640 --> 00:23:29,120 Speaker 1: Republicans into the fold. So I eventually they'll need their 410 00:23:29,160 --> 00:23:32,920 Speaker 1: votes to actually fund the government. But that's a little 411 00:23:32,920 --> 00:23:35,840 Speaker 1: ways away, and it's it's unclear how long it's going 412 00:23:35,920 --> 00:23:37,800 Speaker 1: to take for them to sort of get a reality 413 00:23:37,880 --> 00:23:40,800 Speaker 1: check and get Democrats and Republicans in the same room 414 00:23:40,840 --> 00:23:44,400 Speaker 1: to talk about how to fund the government. Another interesting 415 00:23:44,480 --> 00:23:47,320 Speaker 1: bit that we've seen in this spending proposal is President 416 00:23:47,359 --> 00:23:50,880 Speaker 1: Biden is maintaining support for a four decade old rule 417 00:23:50,960 --> 00:23:54,240 Speaker 1: that prohibits paying for abortions with federal funds. This is 418 00:23:54,280 --> 00:23:57,240 Speaker 1: a so called high amendment. It's been routinely added to 419 00:23:57,359 --> 00:24:01,840 Speaker 1: government funding bills, blocks federal medical programs for paying for abortions, 420 00:24:01,880 --> 00:24:04,680 Speaker 1: accepting cases of rape, incest, or to save a life 421 00:24:04,720 --> 00:24:08,520 Speaker 1: of a woman. This is really a break between President 422 00:24:08,520 --> 00:24:12,040 Speaker 1: Biden and a lot of his other Democratic colleagues. Rick 423 00:24:12,200 --> 00:24:14,040 Speaker 1: or what are what are we seeing here with the 424 00:24:14,080 --> 00:24:17,080 Speaker 1: president deciding to take this stance. Well, you know, he's 425 00:24:17,080 --> 00:24:19,879 Speaker 1: always been more of a centrist than some of his party. 426 00:24:19,960 --> 00:24:23,600 Speaker 1: We've heard that, you know, repeatedly throughout the term so far. 427 00:24:24,400 --> 00:24:27,600 Speaker 1: But I would say it's also picking your fights. The 428 00:24:27,680 --> 00:24:30,119 Speaker 1: last thing I think that the Biden administration wants is 429 00:24:30,160 --> 00:24:34,600 Speaker 1: a big fight in social issues like abortion. Uh. They 430 00:24:34,720 --> 00:24:36,960 Speaker 1: they're probably going to have something that happens in the 431 00:24:37,000 --> 00:24:40,199 Speaker 1: Supreme Court this year and and and they'll probably be 432 00:24:40,240 --> 00:24:42,960 Speaker 1: ready to deal with that, you know, as a political issue. 433 00:24:43,160 --> 00:24:45,560 Speaker 1: But the last thing they want to do is is 434 00:24:45,680 --> 00:24:49,479 Speaker 1: take the attention off the economic issues, the infrastructure plans, 435 00:24:49,560 --> 00:24:51,840 Speaker 1: what they're trying to do, you know, to rebuild the 436 00:24:51,920 --> 00:24:55,440 Speaker 1: country's infrastructure. To uh, to have this debate on abortion. 437 00:24:55,520 --> 00:24:58,800 Speaker 1: And I think it's going to have some ramifications, but 438 00:24:58,960 --> 00:25:01,000 Speaker 1: they're not gonna get far because of Supreme Court is 439 00:25:01,000 --> 00:25:03,760 Speaker 1: going to put it right on their doorstep. Absolutely, And 440 00:25:03,800 --> 00:25:05,760 Speaker 1: you know, the key thing I think to think about, 441 00:25:05,960 --> 00:25:07,800 Speaker 1: and Jack, I know you know this well with this 442 00:25:07,840 --> 00:25:11,120 Speaker 1: particular budget is that you know it's the president presents it. 443 00:25:11,119 --> 00:25:14,680 Speaker 1: It's kind of half wish list, half suggestions, and it's 444 00:25:14,680 --> 00:25:17,920 Speaker 1: something that really from here goes into the hands of Congress, 445 00:25:17,960 --> 00:25:21,639 Speaker 1: and certainly congressional appropriators have their own ideas about what 446 00:25:21,760 --> 00:25:24,280 Speaker 1: this legislation is actually going to look like at the 447 00:25:24,359 --> 00:25:26,600 Speaker 1: end of the day, right, I mean, this is one 448 00:25:26,640 --> 00:25:29,040 Speaker 1: of those issues where it is newsworthy to get the 449 00:25:29,640 --> 00:25:33,320 Speaker 1: all of the president's um priorities, his wish lists, his 450 00:25:33,440 --> 00:25:35,760 Speaker 1: hopes and his dreams and all of that. But the 451 00:25:35,800 --> 00:25:38,600 Speaker 1: way this process works is the President sends this along 452 00:25:38,760 --> 00:25:41,639 Speaker 1: and it's newsworthy, really is a political document. Then it 453 00:25:41,640 --> 00:25:44,359 Speaker 1: gets much much tougher in Congress, where they're really the 454 00:25:44,359 --> 00:25:46,240 Speaker 1: ones to make the decisions on this kind of thing. 455 00:25:46,280 --> 00:25:49,399 Speaker 1: We'll keep on following that coming up. The Senate had 456 00:25:49,440 --> 00:25:53,400 Speaker 1: a really busy Friday dealing with the fallout from January six, 457 00:25:53,680 --> 00:25:55,800 Speaker 1: as well as trying to figure out a path forward 458 00:25:55,880 --> 00:25:59,880 Speaker 1: on legislation dealing with competitiveness with China. That is an 459 00:26:00,000 --> 00:26:13,040 Speaker 1: next I've Emily Wilkins, this is Bloomberg, this is Bloomberg 460 00:26:13,160 --> 00:26:19,040 Speaker 1: Sound On on Bloomberg Radio. I'm Jack Fitzpatrick here with 461 00:26:19,080 --> 00:26:22,959 Speaker 1: my co host from Bloomberg government reporter Emily Wilkins, and 462 00:26:23,040 --> 00:26:27,040 Speaker 1: we've got Bloomberg Politics contributor Rick Davis with us. Now. 463 00:26:27,119 --> 00:26:31,800 Speaker 1: One piece of big news from today was the Biden 464 00:26:31,920 --> 00:26:35,280 Speaker 1: budget plans. Six trillion dollar proposal from the president is 465 00:26:35,359 --> 00:26:38,200 Speaker 1: first budget. One thing to clarify that we mentioned in 466 00:26:38,320 --> 00:26:44,800 Speaker 1: the last segment, after previously having supported the High Amendment UH, 467 00:26:44,840 --> 00:26:47,920 Speaker 1: that that is the ban on federal dollars for abortion 468 00:26:48,040 --> 00:26:53,400 Speaker 1: except for some limited circumstances. UH. Biden actually changed positions 469 00:26:53,520 --> 00:26:56,560 Speaker 1: on that in twenty nineteen as he was getting ready 470 00:26:56,600 --> 00:26:58,560 Speaker 1: to run for president in sort of the early stages 471 00:26:58,600 --> 00:27:02,760 Speaker 1: of the campaign. This budget proposal does not include the 472 00:27:02,840 --> 00:27:05,800 Speaker 1: High Amendment and would do away with that. So I, 473 00:27:06,119 --> 00:27:08,800 Speaker 1: you know, I I've asked around about this. I think 474 00:27:08,840 --> 00:27:11,920 Speaker 1: this is another big issue that's gonna be a huge 475 00:27:12,000 --> 00:27:15,879 Speaker 1: fight in the conversations to fund the government. I have 476 00:27:16,040 --> 00:27:19,399 Speaker 1: not heard from any Republicans who are okay with that, 477 00:27:19,480 --> 00:27:22,000 Speaker 1: And it does take sixty votes in the Senate UH 478 00:27:22,040 --> 00:27:25,399 Speaker 1: to UH to fund the government. So if Democrats and 479 00:27:26,240 --> 00:27:28,760 Speaker 1: we've heard from Biden, we've heard from the House Appropriations 480 00:27:28,840 --> 00:27:32,320 Speaker 1: Chair Rosa Doloro, saying they don't want to include this 481 00:27:32,400 --> 00:27:37,600 Speaker 1: ban on funds for abortion in UH in the funding 482 00:27:37,600 --> 00:27:40,720 Speaker 1: bill for j H S If Democrats are going down 483 00:27:40,760 --> 00:27:44,199 Speaker 1: this path, is there any chance of this kind of 484 00:27:44,240 --> 00:27:47,680 Speaker 1: bill becoming law without this long standing high amendment? Rick, 485 00:27:47,720 --> 00:27:50,000 Speaker 1: what do you think is it possible for them to 486 00:27:50,080 --> 00:27:52,399 Speaker 1: overcome this or is this just absolutely going to be 487 00:27:52,400 --> 00:27:55,240 Speaker 1: blocked by Republicans? Yeah, Jack, I think you made the point, 488 00:27:55,280 --> 00:27:56,960 Speaker 1: and it was the right point that this budget is 489 00:27:57,000 --> 00:28:01,840 Speaker 1: a blueprint for the political plan of Joe Biden, not 490 00:28:01,920 --> 00:28:04,840 Speaker 1: so much the budget and uh legislative plan. And so 491 00:28:05,119 --> 00:28:07,159 Speaker 1: I think I think this, this portion of it is 492 00:28:07,200 --> 00:28:09,360 Speaker 1: dead on arrival. I think it. You know, it makes 493 00:28:09,400 --> 00:28:13,840 Speaker 1: sense that he would want to reward the progressive left. Uh. 494 00:28:14,200 --> 00:28:16,520 Speaker 1: They didn't get everything they wanted in this budget, but 495 00:28:16,560 --> 00:28:17,840 Speaker 1: they got a lot of it and this is one 496 00:28:17,840 --> 00:28:20,240 Speaker 1: of those things. And you know, but they may even 497 00:28:20,280 --> 00:28:22,720 Speaker 1: have trouble even in the House getting a simple majority 498 00:28:22,800 --> 00:28:26,200 Speaker 1: vote on this. So I think I think they've bitten 499 00:28:26,240 --> 00:28:28,240 Speaker 1: off more than join us. And and and I don't 500 00:28:28,280 --> 00:28:31,360 Speaker 1: know if it's really going to be litigated strongly. I'm 501 00:28:31,400 --> 00:28:33,960 Speaker 1: not sure Democrats really see this as a winning issue 502 00:28:34,000 --> 00:28:36,080 Speaker 1: going into the mid terms. It does seem like one 503 00:28:36,080 --> 00:28:38,920 Speaker 1: of those things that I know it's a priority for 504 00:28:39,560 --> 00:28:42,200 Speaker 1: progressives and even sort of I think at this point 505 00:28:42,320 --> 00:28:46,160 Speaker 1: mainstream Democrats or at least those aligned with leadership, as 506 00:28:46,560 --> 00:28:50,560 Speaker 1: Rosa Doloro, the House Appropriations Chair, is. But it's clearly 507 00:28:50,600 --> 00:28:54,440 Speaker 1: an uphill battle, it seems, given the dynamics in the Senate. Now, 508 00:28:54,520 --> 00:28:56,640 Speaker 1: let's talk about other things that may very well be 509 00:28:56,760 --> 00:29:01,200 Speaker 1: dead in the water, or at least are are fully stopped. Now. Uh, 510 00:29:01,240 --> 00:29:05,960 Speaker 1: there was a vote yesterday to try to create this 511 00:29:06,280 --> 00:29:09,520 Speaker 1: January sixth commission. This is a measure that passed the House. 512 00:29:09,600 --> 00:29:12,480 Speaker 1: The Senate took it up and it was blocked to 513 00:29:12,680 --> 00:29:15,840 Speaker 1: create a January sixth commission. They called it a nine 514 00:29:15,880 --> 00:29:23,400 Speaker 1: eleven style bipartisan commission to explore what exactly happened leading 515 00:29:23,480 --> 00:29:26,480 Speaker 1: up to January six that the riot at the Capitol. 516 00:29:26,800 --> 00:29:31,280 Speaker 1: Now we have heard after this was blocked, Uh, fifty 517 00:29:31,360 --> 00:29:33,400 Speaker 1: four to thirty five. And I'll note that's fifty four 518 00:29:33,520 --> 00:29:36,440 Speaker 1: votes in favor. But you need sixty, even if some 519 00:29:36,480 --> 00:29:38,320 Speaker 1: people aren't voting, even if you have the majority, you 520 00:29:38,360 --> 00:29:41,280 Speaker 1: need sixty to end debate. In the Senate, so this 521 00:29:41,400 --> 00:29:44,120 Speaker 1: is blocked fifty four to thirty five. We heard from 522 00:29:44,280 --> 00:29:48,880 Speaker 1: Senate Majority Leader Chuck Schumer voicing his outrage about about 523 00:29:48,920 --> 00:29:51,400 Speaker 1: the fact that the Senate can't move this through. Let's 524 00:29:51,400 --> 00:29:55,120 Speaker 1: play the sound on that. Shame on the Republican Party 525 00:29:55,240 --> 00:29:57,680 Speaker 1: for trying to sweep the horrors of that day under 526 00:29:57,680 --> 00:30:00,840 Speaker 1: the rug because they're afraid of Donald Trump. Leader McConnell, 527 00:30:00,880 --> 00:30:03,160 Speaker 1: we all know, twisted a lot of arms not to 528 00:30:03,200 --> 00:30:07,600 Speaker 1: get it, not to even move to proceed. Also earlier today, 529 00:30:07,760 --> 00:30:12,640 Speaker 1: Bloomberg's David Weston spoke to former U S Senator from Massachusetts, 530 00:30:12,800 --> 00:30:15,720 Speaker 1: Scott Brown for his reaction. Let's play the sound on that. 531 00:30:16,040 --> 00:30:19,080 Speaker 1: Quite frankly, I believe they missed a rare opportunity to 532 00:30:19,200 --> 00:30:22,520 Speaker 1: do truly an independent commission. And we have an affirmative 533 00:30:22,520 --> 00:30:25,360 Speaker 1: obligation to the American people into the world, as the 534 00:30:25,480 --> 00:30:27,880 Speaker 1: leaders of the free world, to make sure we're as 535 00:30:27,920 --> 00:30:31,280 Speaker 1: transparent as possible, figure out what happened, and make sure 536 00:30:31,280 --> 00:30:34,880 Speaker 1: it never ever happens again. It's embarrassing. I'm angry, and 537 00:30:34,880 --> 00:30:38,840 Speaker 1: I'm embarrassed, and I'm embarrassed from my Senate college right now. Okay, 538 00:30:38,880 --> 00:30:42,080 Speaker 1: so you know, Rick I've been sorting through this. I've 539 00:30:42,080 --> 00:30:45,800 Speaker 1: been at the press conferences. I was right there when 540 00:30:45,920 --> 00:30:49,320 Speaker 1: Mitch McConnell initially said he'll take a look at the 541 00:30:49,360 --> 00:30:52,440 Speaker 1: House proposal and then he said he opposes it. We've 542 00:30:52,440 --> 00:30:54,400 Speaker 1: been asking all sorts of questions about what's going to 543 00:30:54,480 --> 00:30:57,520 Speaker 1: happen with us. I don't have a clear answer on 544 00:30:58,040 --> 00:31:01,920 Speaker 1: was there a single provision in the House proposal, Is 545 00:31:01,920 --> 00:31:06,040 Speaker 1: there a specific issue that Republicans have with this, or 546 00:31:06,560 --> 00:31:10,000 Speaker 1: it seems to me maybe this is more about two 547 00:31:10,040 --> 00:31:12,680 Speaker 1: and just trying to move on from everything that happened 548 00:31:12,840 --> 00:31:17,080 Speaker 1: on January six, trying to to change the focus is rick, 549 00:31:17,280 --> 00:31:19,720 Speaker 1: is this a campaign issue or have you heard of 550 00:31:19,720 --> 00:31:23,959 Speaker 1: any little specific thing that actually caused a problem with 551 00:31:24,040 --> 00:31:26,880 Speaker 1: this legislation to create this commission? Yeah. I think the 552 00:31:27,280 --> 00:31:30,680 Speaker 1: members I've talked to, uh, it's just a fundamental issue 553 00:31:30,680 --> 00:31:32,640 Speaker 1: whether you want to be on defense or on offense 554 00:31:32,680 --> 00:31:35,200 Speaker 1: for the next year and a half. I think Mitch 555 00:31:35,280 --> 00:31:37,160 Speaker 1: McConnell took a look at this and said, look, we 556 00:31:37,200 --> 00:31:39,200 Speaker 1: have a lot of things we can contrast with the 557 00:31:39,200 --> 00:31:42,400 Speaker 1: Biden administration, with the Democrats in Congress. You know, he's 558 00:31:42,400 --> 00:31:44,040 Speaker 1: got to try and win some seats it's gonna be 559 00:31:44,040 --> 00:31:45,960 Speaker 1: harder for him pick up seats in the Senate. That's 560 00:31:46,000 --> 00:31:48,400 Speaker 1: going to be for House members to do. And I 561 00:31:48,440 --> 00:31:50,160 Speaker 1: think the last thing he wanted to do was spend 562 00:31:50,200 --> 00:31:53,440 Speaker 1: his time, you know, uh, having to explain to people 563 00:31:53,480 --> 00:31:56,240 Speaker 1: what happened on January six and and and what what 564 00:31:56,520 --> 00:32:01,360 Speaker 1: potential vulnerability the republic in White House has during that. 565 00:32:01,600 --> 00:32:04,480 Speaker 1: So I think it's strategic. I think that they are 566 00:32:05,200 --> 00:32:09,160 Speaker 1: keen on the package of attacks that they have now 567 00:32:09,240 --> 00:32:11,240 Speaker 1: for Democrats going into the mid terms, and they didn't 568 00:32:11,240 --> 00:32:13,840 Speaker 1: want to take attention away from that. And Uh, it 569 00:32:13,880 --> 00:32:15,840 Speaker 1: was very awkward though, I mean, you know, there were 570 00:32:15,840 --> 00:32:18,440 Speaker 1: a lot of Republicans UH six who voted for this, 571 00:32:19,000 --> 00:32:21,720 Speaker 1: UH nine who walked away and didn't even vote. I mean, 572 00:32:21,760 --> 00:32:27,120 Speaker 1: it was a very difficult thing for Mitch to Mitch McConnell, 573 00:32:27,160 --> 00:32:30,840 Speaker 1: the minority leader, to actually implement within his caucus. And 574 00:32:30,920 --> 00:32:34,200 Speaker 1: so there's going to be some ramifications to this, As 575 00:32:34,240 --> 00:32:38,760 Speaker 1: you heard Republicans like UH Senator Brown had or in 576 00:32:38,800 --> 00:32:40,680 Speaker 1: former Son and Brown have already spoken out about it. 577 00:32:40,680 --> 00:32:43,080 Speaker 1: You're gonna hear more about this. It's not gonna go 578 00:32:43,120 --> 00:32:47,720 Speaker 1: away right away. But I think from Mitch's calculation Uh, 579 00:32:47,760 --> 00:32:49,920 Speaker 1: it's at least six months from now. He's not gonna 580 00:32:49,920 --> 00:32:52,560 Speaker 1: be right in the middle of this. Ricky, he makes 581 00:32:52,720 --> 00:32:55,360 Speaker 1: a really interesting point there that to a certain extent, 582 00:32:55,400 --> 00:32:58,160 Speaker 1: and I've heard this from Republicans myself, they want to 583 00:32:58,160 --> 00:33:01,080 Speaker 1: put the events of January behind them. They want to 584 00:33:01,080 --> 00:33:04,440 Speaker 1: focus on the future. But Democrats aren't letting this go away. 585 00:33:04,520 --> 00:33:07,560 Speaker 1: Speaker Nancy Pelosi but out a statement today saying that 586 00:33:07,600 --> 00:33:10,840 Speaker 1: Democrats will proceed to find the truth. That that was 587 00:33:10,880 --> 00:33:14,040 Speaker 1: in her statement. She didn't provide any details. But we've 588 00:33:14,080 --> 00:33:17,720 Speaker 1: already seen House Majority Whip Jim Clyburne. He told CNN 589 00:33:17,760 --> 00:33:20,560 Speaker 1: on Thursday that he was pushing to either empower House 590 00:33:20,560 --> 00:33:24,600 Speaker 1: committees to investigate or to set up a select House committee. 591 00:33:24,920 --> 00:33:27,760 Speaker 1: And Ricky, I'm wondering, what, how do you see this 592 00:33:27,800 --> 00:33:30,760 Speaker 1: plane out? If Democrats go at it alone with a 593 00:33:30,880 --> 00:33:34,800 Speaker 1: select committee, how does that wind up factoring into the 594 00:33:34,840 --> 00:33:37,520 Speaker 1: next two years? And and does that even become more 595 00:33:37,560 --> 00:33:40,440 Speaker 1: politicized than no, Emily, I think you got a spot on. 596 00:33:40,480 --> 00:33:42,080 Speaker 1: I mean, a select committee is the way to go 597 00:33:42,200 --> 00:33:44,320 Speaker 1: if you're a Democrat wants to continue to push this, 598 00:33:44,400 --> 00:33:47,200 Speaker 1: and they obviously do. Uh. And the Republican is gonna 599 00:33:47,200 --> 00:33:49,880 Speaker 1: be very hard pressed to argue against it, because it's 600 00:33:49,920 --> 00:33:54,960 Speaker 1: exactly the same thing they did to investigate Uh Secretary 601 00:33:55,000 --> 00:33:59,160 Speaker 1: State Hillary Clinton and and the Obama administration on Benghazi. 602 00:33:59,240 --> 00:34:02,120 Speaker 1: You know that that controversy that occurred there. They created 603 00:34:02,200 --> 00:34:04,840 Speaker 1: a House Select Committee when they had that the House 604 00:34:04,840 --> 00:34:07,800 Speaker 1: of Representatives, and and use that as the platform to 605 00:34:07,880 --> 00:34:11,440 Speaker 1: basically wage an investigation because the administration and the Democrats 606 00:34:11,480 --> 00:34:14,440 Speaker 1: wouldn't go along. So UH turn about his fair play 607 00:34:14,480 --> 00:34:17,680 Speaker 1: in Washington, and I have a sneaking suspicion we're gonna 608 00:34:17,680 --> 00:34:20,399 Speaker 1: be hearing about a select committee next week. Yeah, it 609 00:34:20,440 --> 00:34:23,600 Speaker 1: makes sense. If you have the majority, then you can 610 00:34:23,680 --> 00:34:26,120 Speaker 1: certainly keep a spotlight on the issue that you want 611 00:34:26,160 --> 00:34:28,839 Speaker 1: to keep a spotlight on, even if your attempts to 612 00:34:28,840 --> 00:34:32,960 Speaker 1: create a bipartisan commission were rebuffed, and even if this 613 00:34:33,080 --> 00:34:35,440 Speaker 1: is just not an event that is going to in 614 00:34:35,440 --> 00:34:39,200 Speaker 1: a bipartisan way be treated as the nine eleven style 615 00:34:39,800 --> 00:34:45,320 Speaker 1: UH issue that deserves that kind of response. The Democrats 616 00:34:45,320 --> 00:34:48,600 Speaker 1: have said it is, Uh, let's talk about something else that. 617 00:34:49,200 --> 00:34:51,600 Speaker 1: Let's talk about Let's talk about more failure. Let's talk 618 00:34:51,600 --> 00:34:54,600 Speaker 1: about more failure in the Senate um there there's it's 619 00:34:54,600 --> 00:34:58,200 Speaker 1: called the Endless Frontiers Bill. It's this research and development 620 00:34:58,480 --> 00:35:02,200 Speaker 1: bill really cast by both parties as a measure that's 621 00:35:02,200 --> 00:35:07,120 Speaker 1: supposed to boost research and development, UH to compete with China, 622 00:35:07,280 --> 00:35:10,360 Speaker 1: the US trying to compete with China in a future 623 00:35:10,360 --> 00:35:14,040 Speaker 1: focused economy. Work is delayed on this bill. They were 624 00:35:14,040 --> 00:35:16,920 Speaker 1: supposed to get this done this week before leaving for 625 00:35:16,960 --> 00:35:20,720 Speaker 1: a weeklong recess in the Senate. Work is now delayed 626 00:35:20,800 --> 00:35:23,800 Speaker 1: until after they come back. There were a series of issues, 627 00:35:23,840 --> 00:35:27,120 Speaker 1: a bunch of amendments being offered, and really one of 628 00:35:27,120 --> 00:35:31,399 Speaker 1: the broader complaints was just complaints about conservative saying they 629 00:35:31,400 --> 00:35:35,680 Speaker 1: weren't able to read the full bill. I'm very sort 630 00:35:35,719 --> 00:35:39,040 Speaker 1: of Uh, I'm interested, Rick and what your takeaway is, 631 00:35:39,320 --> 00:35:41,400 Speaker 1: especially because this seemed to be something that had some 632 00:35:41,480 --> 00:35:45,319 Speaker 1: bipartisan momentum and then just got tripped up by was 633 00:35:45,360 --> 00:35:49,239 Speaker 1: it mismanagement in the Senate or what's what's the issue there? Yeah, 634 00:35:49,280 --> 00:35:51,440 Speaker 1: I think there was a wholesale panic when they saw 635 00:35:51,480 --> 00:35:54,799 Speaker 1: the bill was twages, and that's why you hear things 636 00:35:54,800 --> 00:35:56,719 Speaker 1: like there's no way we could even read this bill 637 00:35:56,760 --> 00:35:58,640 Speaker 1: before we had to vote on it. I would dare 638 00:35:58,640 --> 00:36:00,719 Speaker 1: say eight percent of the vote that are taken in 639 00:36:00,760 --> 00:36:03,680 Speaker 1: the United States are taken before anybody has actually read 640 00:36:03,680 --> 00:36:07,040 Speaker 1: all the bill. So it's a kind of specious argument. 641 00:36:07,160 --> 00:36:09,600 Speaker 1: But but look, I mean it did get big. I mean, 642 00:36:09,640 --> 00:36:12,840 Speaker 1: this bill originally was a fifty billion dollar emergency funds 643 00:36:12,880 --> 00:36:16,560 Speaker 1: to help chip manufacturers. You know, Todd Young and uh 644 00:36:16,600 --> 00:36:18,920 Speaker 1: and Chuck Schumer got together. Everybody was for it. It It 645 00:36:19,040 --> 00:36:23,080 Speaker 1: was a bipartisan initiative. There were very few people speaking 646 00:36:23,080 --> 00:36:25,719 Speaker 1: out against it. In fact, the Secretary Commerce was Aren't 647 00:36:25,719 --> 00:36:27,719 Speaker 1: showed earlier this week talking about how excited she was 648 00:36:27,760 --> 00:36:30,240 Speaker 1: to be getting money out of this to help chip manufacturers. 649 00:36:30,719 --> 00:36:34,200 Speaker 1: And then boom, this thing became like two hundred billion dollars. 650 00:36:34,400 --> 00:36:37,960 Speaker 1: And I think it was just budget overreach. There's we're 651 00:36:38,000 --> 00:36:41,000 Speaker 1: way too much in there. It's not all just money 652 00:36:41,040 --> 00:36:43,799 Speaker 1: going to help, you know, our competitiveness. And I think 653 00:36:43,880 --> 00:36:47,160 Speaker 1: some of the Conservatives like Senator Kennedy and Senator Johnson 654 00:36:47,239 --> 00:36:49,759 Speaker 1: just rebelled against it. Right, Well, that's going to happen 655 00:36:49,760 --> 00:36:53,880 Speaker 1: in the Senate. Sometimes we we see the conservatives flex 656 00:36:53,960 --> 00:36:57,880 Speaker 1: their muscles. Thanks again to Emily Wilkins, my co host, 657 00:36:58,000 --> 00:37:01,760 Speaker 1: a great reporter from Bloomberg Government. Rick Davis, Bloomberg Politics 658 00:37:01,760 --> 00:37:05,560 Speaker 1: contributor thanks to Congressman Tom Emmer for calling in earlier 659 00:37:05,560 --> 00:37:08,240 Speaker 1: of the nrc C chair. That's it for us today.