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 --> 00:00:10,479 Speaker 1: middle income families need help. We're coming out of cop 3 00:00:10,520 --> 00:00:13,080 Speaker 1: at nineteen. You want to keep our economy strong when 4 00:00:13,119 --> 00:00:15,760 Speaker 1: you have an infrastructure build. There's spin off from back spin, 5 00:00:15,800 --> 00:00:19,280 Speaker 1: option cities, from towns all across from America. Bloomberg Sound 6 00:00:19,320 --> 00:00:23,600 Speaker 1: on Politics, Policy and Perspective from DC's top name. So 7 00:00:23,640 --> 00:00:27,920 Speaker 1: we need to incentivize the manufacturing of chips in America. 8 00:00:28,040 --> 00:00:30,240 Speaker 1: I do believe that ACTE was stated effective, but I 9 00:00:30,280 --> 00:00:33,560 Speaker 1: think what government's role is to share the clients, share 10 00:00:33,600 --> 00:00:37,639 Speaker 1: the fact, share the benefits. Schloomberg Sound On with Joe 11 00:00:37,760 --> 00:00:42,680 Speaker 1: Matthew on Bloomberg Radio. They're clearing out of town today, 12 00:00:43,040 --> 00:00:46,360 Speaker 1: one of the final weekends of summer already at least 13 00:00:46,400 --> 00:00:49,559 Speaker 1: in Washington speak. But we are firmly planted in the 14 00:00:49,640 --> 00:00:52,440 Speaker 1: nation's capital at Bloomberg Radio, where the news keeps flowing. 15 00:00:52,560 --> 00:00:56,360 Speaker 1: The federal judge keeping the federal eviction moratorium alive today 16 00:00:56,480 --> 00:00:59,680 Speaker 1: in denying a request from landlords to stop President Biden's 17 00:00:59,720 --> 00:01:02,280 Speaker 1: rees an extension. We're gonna talk about that and the 18 00:01:02,280 --> 00:01:05,160 Speaker 1: way forward on the Democrats economic agenda coming up with 19 00:01:05,200 --> 00:01:09,040 Speaker 1: Congressman Don Buyer of Virginia. We'll talk about the timeline 20 00:01:09,040 --> 00:01:12,320 Speaker 1: as well with Bloomberg Government's Emily Wilkins and Jack Fitzpatrick. 21 00:01:12,360 --> 00:01:15,280 Speaker 1: It is Friday, are Reporters round Table, and later a 22 00:01:15,360 --> 00:01:20,760 Speaker 1: special conversation about presidential vacations and the August Curse with 23 00:01:20,880 --> 00:01:24,840 Speaker 1: political optics expert former White House official Adam Belmer. It's 24 00:01:24,840 --> 00:01:27,840 Speaker 1: all I had this hour today on Bloomberg sound On 25 00:01:28,280 --> 00:01:30,840 Speaker 1: Welcome to Friday. Thanks for being with us on the program. 26 00:01:30,920 --> 00:01:35,280 Speaker 1: Just a week ago, it was still unclear if extending 27 00:01:35,280 --> 00:01:38,560 Speaker 1: the federal moratorium on evictions would hold up in courts. 28 00:01:38,920 --> 00:01:41,680 Speaker 1: I can't guarantee the court won't rule that we don't 29 00:01:41,680 --> 00:01:45,040 Speaker 1: have that attard, but the rest will have the ability 30 00:01:45,160 --> 00:01:48,000 Speaker 1: to if we have to appeal to keep this going. 31 00:01:48,120 --> 00:01:53,360 Speaker 1: For a President Biden on the South Lawn just last week, 32 00:01:53,400 --> 00:01:56,200 Speaker 1: after we chose to extend the c DCS moratorium in 33 00:01:56,240 --> 00:02:00,960 Speaker 1: the face of great pressure from progressives in his own party, 34 00:02:01,000 --> 00:02:04,520 Speaker 1: and today US district judge denying a request from landlords 35 00:02:04,560 --> 00:02:06,520 Speaker 1: to end the band. We got a ruling today She 36 00:02:06,600 --> 00:02:09,880 Speaker 1: said she did not have the authority to strike this 37 00:02:09,960 --> 00:02:13,080 Speaker 1: down because the moratorium is subject to an appeals court ruling. 38 00:02:13,120 --> 00:02:16,400 Speaker 1: It doesn't mean this is over and we're joined right 39 00:02:16,440 --> 00:02:19,000 Speaker 1: now to talk about this, among many other issues by 40 00:02:19,040 --> 00:02:22,720 Speaker 1: Congressman Don Buy our Democrat from Virginia, welcome back, Congressman. 41 00:02:22,960 --> 00:02:24,640 Speaker 1: Could this go all the way back to the Supreme 42 00:02:24,680 --> 00:02:30,440 Speaker 1: Court the eviction moratorium? Yes, it could, and I think 43 00:02:30,480 --> 00:02:33,680 Speaker 1: the Biden administration's deep hope is that this will at 44 00:02:33,720 --> 00:02:36,440 Speaker 1: least buy us some more time. As you know, well 45 00:02:36,560 --> 00:02:40,240 Speaker 1: we we we actually appropriate the fourties seven billion dollars 46 00:02:40,240 --> 00:02:42,600 Speaker 1: to help pay these rents, and only three billion had 47 00:02:42,639 --> 00:02:46,160 Speaker 1: actually made it through the hands of renters and into 48 00:02:46,200 --> 00:02:48,480 Speaker 1: the hands of landlords. So we really need state and 49 00:02:48,520 --> 00:02:51,359 Speaker 1: local governments to do a much much better job getting 50 00:02:51,360 --> 00:02:54,079 Speaker 1: the money out, so we don't need a moratory. You well, 51 00:02:54,080 --> 00:02:56,040 Speaker 1: so maybe this serves its purpose then, even if it 52 00:02:56,120 --> 00:02:58,679 Speaker 1: is eventually struck down. The whole idea Congressman, was to 53 00:02:58,720 --> 00:03:00,920 Speaker 1: buy time, right and get some more of those dollars 54 00:03:00,960 --> 00:03:04,120 Speaker 1: out on the state level. Exactly right. We're looking at 55 00:03:04,160 --> 00:03:07,440 Speaker 1: like a million evictions in the next three weeks, and 56 00:03:07,520 --> 00:03:10,440 Speaker 1: that just was just too much human pain to bear. 57 00:03:10,520 --> 00:03:13,760 Speaker 1: So I'm hoping, yeah, you know, regardless of what happens 58 00:03:13,760 --> 00:03:15,880 Speaker 1: at the Supreme Court level, we should be in much 59 00:03:15,919 --> 00:03:19,560 Speaker 1: better position in a couple of weeks. Congressman, you mentioned 60 00:03:19,600 --> 00:03:21,840 Speaker 1: a million people. Who are these people? And I ask 61 00:03:21,919 --> 00:03:23,680 Speaker 1: you that because we hear about a lot of numbers 62 00:03:23,680 --> 00:03:26,840 Speaker 1: on this who was about to be evicted? You know, 63 00:03:26,919 --> 00:03:29,800 Speaker 1: it's probably a mix. On the one hand, it's folks 64 00:03:29,840 --> 00:03:31,680 Speaker 1: who have not been able to go back to work, 65 00:03:32,080 --> 00:03:35,440 Speaker 1: either because they're afraid of the virus or they're not vaccinated, 66 00:03:35,640 --> 00:03:37,720 Speaker 1: or they have kids at home that haven't gone back 67 00:03:37,720 --> 00:03:42,200 Speaker 1: to school. Um. You know, yet an all time record 68 00:03:42,280 --> 00:03:45,640 Speaker 1: number of job openings do more than ten million. So 69 00:03:45,880 --> 00:03:48,320 Speaker 1: unless there's some other reason to keep people out of 70 00:03:48,320 --> 00:03:51,040 Speaker 1: the job market, you would hope that most people would 71 00:03:51,080 --> 00:03:53,360 Speaker 1: be able to pay rent. But but then again, one 72 00:03:53,400 --> 00:03:56,960 Speaker 1: of the conflicting factors is that, um, most of those 73 00:03:57,040 --> 00:04:01,320 Speaker 1: jobs are in in really fast growth areas, you know, um, 74 00:04:01,800 --> 00:04:04,960 Speaker 1: big cities, an urban suburban areas. And if you're in 75 00:04:05,040 --> 00:04:08,840 Speaker 1: a in rural someplace and the jobs aren't there and 76 00:04:08,880 --> 00:04:10,280 Speaker 1: you don't have a job and you can't move and 77 00:04:10,320 --> 00:04:13,480 Speaker 1: no one's gonna buy your house, it becomes or take 78 00:04:13,520 --> 00:04:16,719 Speaker 1: over your rent, it becomes a lot harder. We're talking 79 00:04:16,720 --> 00:04:19,800 Speaker 1: with Congressman Don Buyer of Virginia Democrat with US to 80 00:04:19,880 --> 00:04:23,400 Speaker 1: kick things off on this Friday and breaking news earlier 81 00:04:23,440 --> 00:04:27,680 Speaker 1: today on the eviction moratorium. It appears the President made 82 00:04:27,680 --> 00:04:30,520 Speaker 1: the right choice because this would have been otherwise, Congressman, 83 00:04:30,560 --> 00:04:33,440 Speaker 1: this would have expired by now right, it would have 84 00:04:33,480 --> 00:04:35,440 Speaker 1: you just just at the end of the month. So 85 00:04:35,880 --> 00:04:40,800 Speaker 1: and there was not another cos no, well we we 86 00:04:40,800 --> 00:04:43,479 Speaker 1: we tried, but we couldn't get two eighteen votes in 87 00:04:43,520 --> 00:04:46,119 Speaker 1: the House, and we saw no way to get sixty 88 00:04:46,200 --> 00:04:48,400 Speaker 1: votes in the Senate. So it really was depending on 89 00:04:48,480 --> 00:04:53,200 Speaker 1: the president about jobs today, go ahead, finish. Yeah, excuse me, Well, 90 00:04:53,200 --> 00:04:55,000 Speaker 1: it's just the notion on was, Hey, we put the 91 00:04:55,200 --> 00:04:57,080 Speaker 1: we did our job, We went to forty seven billion 92 00:04:57,120 --> 00:05:00,040 Speaker 1: out there, we spend it, you know it help in 93 00:05:00,120 --> 00:05:02,800 Speaker 1: the Landlordshire be made whole, and then they can make 94 00:05:02,839 --> 00:05:05,919 Speaker 1: their mortgage payments. Message to the states from Congress from buyer, 95 00:05:06,000 --> 00:05:09,640 Speaker 1: please spend the money we sent you in terms of jobs, 96 00:05:09,760 --> 00:05:12,000 Speaker 1: and you're pointing out, you know, we've actually had some 97 00:05:12,040 --> 00:05:16,080 Speaker 1: pretty good data lately, stronger than expected reports on job creation. 98 00:05:16,160 --> 00:05:20,839 Speaker 1: Certainly that July number was impressive. That has been the 99 00:05:20,960 --> 00:05:24,240 Speaker 1: motivation or the argument, if you will, to spend trillions 100 00:05:24,400 --> 00:05:29,599 Speaker 1: on infrastructure, and then this this looming package, the reconciliation 101 00:05:29,600 --> 00:05:33,520 Speaker 1: package with with the human infrastructure. Are we still going 102 00:05:33,560 --> 00:05:36,920 Speaker 1: to need all of that money to create job growth 103 00:05:36,920 --> 00:05:41,760 Speaker 1: after September when when more people start coming back. You know, 104 00:05:41,839 --> 00:05:45,360 Speaker 1: one of the things that we complained about both sides 105 00:05:45,720 --> 00:05:48,839 Speaker 1: through the decade of the teams was that we had, 106 00:05:49,000 --> 00:05:51,240 Speaker 1: you know what, the hundred months in a row where 107 00:05:51,320 --> 00:05:55,039 Speaker 1: jobs were created. But we're poking along between one percent 108 00:05:55,160 --> 00:05:58,960 Speaker 1: and two percent and job growth or in economic growth GDP, 109 00:05:59,560 --> 00:06:01,960 Speaker 1: and we're going to say, what's going to create a 110 00:06:02,080 --> 00:06:08,440 Speaker 1: much stronger night and we believe that. Yeah, the first 111 00:06:08,480 --> 00:06:13,400 Speaker 1: part is roads and bridges and in broadband and electrical grids. 112 00:06:13,440 --> 00:06:16,960 Speaker 1: But the second critical part is the investment in human capital. 113 00:06:17,360 --> 00:06:20,599 Speaker 1: Those ten million jobs I talked about, um, you have. 114 00:06:20,720 --> 00:06:24,039 Speaker 1: Most of them require more than a high school education. 115 00:06:24,520 --> 00:06:28,760 Speaker 1: They require people with at least some higher level education, 116 00:06:29,160 --> 00:06:32,279 Speaker 1: community college for your college. We've got to be investing 117 00:06:32,320 --> 00:06:35,279 Speaker 1: in the people to make this economy really rock and roll. 118 00:06:35,600 --> 00:06:38,080 Speaker 1: We also need to bring a lot more people back 119 00:06:38,160 --> 00:06:41,800 Speaker 1: into the workforce, especially women. And when we look at 120 00:06:41,800 --> 00:06:45,080 Speaker 1: paid sick leave and paid family medical leave, these are 121 00:06:45,080 --> 00:06:46,640 Speaker 1: the big things that we'll bring women back into the 122 00:06:46,680 --> 00:06:50,599 Speaker 1: workers well, Congressmen, there are questions about the path here 123 00:06:50,680 --> 00:06:53,000 Speaker 1: to to getting that money. As I read on the 124 00:06:53,000 --> 00:06:56,840 Speaker 1: Bloomberg terminal that that Nancy Pelosi is facing a bit 125 00:06:56,839 --> 00:06:59,159 Speaker 1: of a revolt from moderates. You know, about this letter, 126 00:06:59,200 --> 00:07:03,240 Speaker 1: you've probably seen nine moderates House Democrats threatening to not 127 00:07:03,440 --> 00:07:08,039 Speaker 1: support the budget resolution if they don't get a vote 128 00:07:08,040 --> 00:07:11,120 Speaker 1: first on bipart as an infrastructure Then to the left, 129 00:07:11,160 --> 00:07:13,200 Speaker 1: you've got progress is saying nope, well, we're not going 130 00:07:13,280 --> 00:07:15,680 Speaker 1: to vote for that Senate infrastructure plan and unless we 131 00:07:15,720 --> 00:07:18,240 Speaker 1: get reconciliation first, what's a guy like you do in 132 00:07:18,240 --> 00:07:21,240 Speaker 1: the middle here, and how's this going to work out? Well, 133 00:07:21,320 --> 00:07:23,720 Speaker 1: my my, my father, who was an old NASCAR racer, 134 00:07:23,800 --> 00:07:26,640 Speaker 1: told me never to play chicken was not a smart game. 135 00:07:27,160 --> 00:07:32,000 Speaker 1: And we're doing Yeah, that reminds me of that. But 136 00:07:32,000 --> 00:07:35,320 Speaker 1: but the good news is that, um, we've had lots 137 00:07:35,600 --> 00:07:41,800 Speaker 1: of reasonable minor policy debase between our progressive strong flank 138 00:07:42,000 --> 00:07:44,160 Speaker 1: and our and our blue dogs are more moderate ones, 139 00:07:44,520 --> 00:07:49,000 Speaker 1: and what we always come together and everybody across the board. Um, 140 00:07:49,040 --> 00:07:53,040 Speaker 1: all two three Democrats in the House want both bills 141 00:07:53,080 --> 00:07:55,640 Speaker 1: to pass. So it's really just a matter of timing 142 00:07:56,040 --> 00:07:58,920 Speaker 1: and if people feeling secure that if we passed the 143 00:07:58,920 --> 00:08:01,320 Speaker 1: infrastructure bill, we really are going to come back and 144 00:08:01,360 --> 00:08:06,040 Speaker 1: do the by reconciliation only investment in human capital. The 145 00:08:06,040 --> 00:08:09,120 Speaker 1: the di Biden American Family's Plan. So is just a 146 00:08:09,160 --> 00:08:11,240 Speaker 1: lot of bluster and and what would a couple of 147 00:08:11,360 --> 00:08:14,880 Speaker 1: weeks make in difference at this point, It's been years, Yeah, 148 00:08:15,120 --> 00:08:17,560 Speaker 1: a long time. I mean, part of its timing just 149 00:08:17,600 --> 00:08:22,280 Speaker 1: because we got the Senate Budget Resolution that sets up 150 00:08:22,320 --> 00:08:24,880 Speaker 1: this American Family Plan. What we'll vote on that and 151 00:08:24,920 --> 00:08:27,280 Speaker 1: that will be an easy vote to pass a week 152 00:08:27,320 --> 00:08:30,200 Speaker 1: after next But to get all the details of how 153 00:08:30,240 --> 00:08:33,680 Speaker 1: you actually spent three three and a half trillion dollars constructively, 154 00:08:34,200 --> 00:08:37,880 Speaker 1: that could take weeks or maybe even months, And um, 155 00:08:38,000 --> 00:08:39,760 Speaker 1: we do we don't want to wait months. I don't 156 00:08:39,760 --> 00:08:43,600 Speaker 1: think to to vote on Joe Biden's infrastructure bill. That's 157 00:08:43,640 --> 00:08:45,559 Speaker 1: a big win for the American people and we should 158 00:08:45,559 --> 00:08:49,160 Speaker 1: get that moving right away. So I'm I'm pretty confident. 159 00:08:49,240 --> 00:08:53,400 Speaker 1: You know, a lot of this is normal political posturing. Um, 160 00:08:53,440 --> 00:08:55,880 Speaker 1: but I'm I'm confident these are all really good people 161 00:08:55,880 --> 00:08:57,679 Speaker 1: of good faith. We'll come together and get something that 162 00:08:57,760 --> 00:09:03,000 Speaker 1: worked out. I'm sure next week your optimism, uh is encouraging. 163 00:09:03,480 --> 00:09:06,920 Speaker 1: Even though your August recess has been truncated. Congressmen, I'm 164 00:09:06,920 --> 00:09:09,120 Speaker 1: wondering what you're doing to spend What do you get 165 00:09:09,160 --> 00:09:10,720 Speaker 1: a week and a half this time? Tell us about 166 00:09:10,880 --> 00:09:12,880 Speaker 1: the work behind assuming you're not at the pool all week, 167 00:09:12,960 --> 00:09:15,720 Speaker 1: the work behind the scenes, if there is any going on. 168 00:09:15,760 --> 00:09:17,880 Speaker 1: Are you in touch with your colleagues on infrastructure, on 169 00:09:17,880 --> 00:09:20,280 Speaker 1: the budget and other issues. Yeah, I've talked talked to 170 00:09:20,400 --> 00:09:22,040 Speaker 1: a bunch in the last couple of days, and I 171 00:09:22,080 --> 00:09:25,920 Speaker 1: think everybody's at least on the House side. There were 172 00:09:25,960 --> 00:09:27,800 Speaker 1: many of us that were skeptical that the Senate was 173 00:09:27,800 --> 00:09:30,600 Speaker 1: actually gonna be able to get this done, and I 174 00:09:30,720 --> 00:09:34,400 Speaker 1: was skeptical. Um, but they did, and and uh, we're 175 00:09:34,440 --> 00:09:38,599 Speaker 1: celebrating that. It'll be really fun. Hopefully that will be 176 00:09:38,679 --> 00:09:40,959 Speaker 1: a big bipartisan vote in the House too, just as 177 00:09:40,960 --> 00:09:44,040 Speaker 1: it was in the Senate, and it will be. You know, 178 00:09:44,120 --> 00:09:46,920 Speaker 1: It's it's great. I'm in one of the least respected 179 00:09:46,960 --> 00:09:49,800 Speaker 1: professions in America right now to be able to say, look, 180 00:09:50,160 --> 00:09:53,240 Speaker 1: we we just did more than a trillion dollars in infrastructure, 181 00:09:53,280 --> 00:09:55,360 Speaker 1: and we put it on the President's desk and we 182 00:09:55,400 --> 00:09:58,360 Speaker 1: did this. Democrats, Republicans, together that that's a big win 183 00:09:58,600 --> 00:10:01,880 Speaker 1: and that and then we've then fund to go forward 184 00:10:01,880 --> 00:10:04,199 Speaker 1: and say and we're also gonna really invest in the 185 00:10:04,200 --> 00:10:06,920 Speaker 1: American people with the American Family Plans. Well, let's see 186 00:10:06,920 --> 00:10:08,559 Speaker 1: if this gets to his desk, right, We've got a 187 00:10:08,600 --> 00:10:11,080 Speaker 1: couple of things to go through before it gets that far. 188 00:10:11,120 --> 00:10:13,679 Speaker 1: How many changes in our remaining moment Congress? When do 189 00:10:13,679 --> 00:10:15,720 Speaker 1: you think the House will make to the by part 190 00:10:15,760 --> 00:10:18,520 Speaker 1: as an infrastructure the hard infrastructure build, you need more 191 00:10:18,520 --> 00:10:20,720 Speaker 1: money for water or there are other issues that you 192 00:10:20,800 --> 00:10:24,160 Speaker 1: might see get tweaked here in the House. I think 193 00:10:24,160 --> 00:10:28,640 Speaker 1: the tweaks will be minimal, if any. Obviously, there's many 194 00:10:28,679 --> 00:10:31,880 Speaker 1: of the House leaders, especially Peter DeFazio, who chairs the 195 00:10:31,920 --> 00:10:34,960 Speaker 1: Infrastructure in the House, you know, not happy that the 196 00:10:35,080 --> 00:10:40,400 Speaker 1: many climate change policy things that we wrote into the 197 00:10:40,400 --> 00:10:42,560 Speaker 1: House build, they're not in the Senate bi partisan bill. 198 00:10:43,080 --> 00:10:45,480 Speaker 1: It's gonna be tough to put them in and expect 199 00:10:45,880 --> 00:10:48,240 Speaker 1: to keep all those Republican senators that we needed to 200 00:10:48,240 --> 00:10:52,720 Speaker 1: get it past there. So my my expectation is that 201 00:10:53,120 --> 00:10:56,680 Speaker 1: we're gonna take take it pretty much as this. I 202 00:10:56,760 --> 00:10:59,240 Speaker 1: certainly don't think we're gonna put any poison bills in there. 203 00:10:59,559 --> 00:11:01,079 Speaker 1: That would heard it if it had to go back 204 00:11:01,080 --> 00:11:03,920 Speaker 1: to the Senate. There you have it from Congressman Don Buyer, 205 00:11:04,000 --> 00:11:07,640 Speaker 1: Democrat from Virginia. Appreciate you taking time out of your 206 00:11:07,679 --> 00:11:10,199 Speaker 1: August recess later on a Friday and being with us, sir, 207 00:11:10,280 --> 00:11:13,600 Speaker 1: well connect when you come back to the Capitol. Coming 208 00:11:13,640 --> 00:11:16,600 Speaker 1: up our Friday Reporters round Table. We'll talk about all 209 00:11:16,640 --> 00:11:20,680 Speaker 1: this with Bloomberg Government's Emily Wilkins and Jack Fitzpatrick there 210 00:11:20,720 --> 00:11:24,079 Speaker 1: next on sound On, I'm Joe Matthew and this is Bloomberg. 211 00:11:31,440 --> 00:11:36,880 Speaker 1: This is Bloomberg. So on with Joe Matthew on Bloomberg Radio. 212 00:11:38,960 --> 00:11:43,080 Speaker 1: The Eviction Band survives Landlord's challenge the Bloomberg headline today, 213 00:11:43,760 --> 00:11:47,040 Speaker 1: and that was in doubt until this afternoon. As we 214 00:11:47,200 --> 00:11:50,000 Speaker 1: kick off our Friday Reporters round Table now with Bloomberg 215 00:11:50,000 --> 00:11:53,040 Speaker 1: Government's Emily Wilkins and Jack Fitzpatrick. They joined us each 216 00:11:53,080 --> 00:11:55,840 Speaker 1: week at this time on sound On before they had 217 00:11:55,920 --> 00:11:58,120 Speaker 1: to free cut taco night at the National Press Club. Right. 218 00:11:58,120 --> 00:12:01,880 Speaker 1: That's that's the way this works. Just just hold your appetite, guys. 219 00:12:01,920 --> 00:12:03,719 Speaker 1: It's great to have you here. You know. That's a 220 00:12:03,720 --> 00:12:05,840 Speaker 1: whole scene on Friday, is still right, free taco night. 221 00:12:05,880 --> 00:12:10,040 Speaker 1: That's still a thing out all you see, right, it's 222 00:12:10,040 --> 00:12:11,880 Speaker 1: all coming back now, it's all coming back to me. 223 00:12:11,920 --> 00:12:14,280 Speaker 1: I'm only good to see you, Jack, you two. This 224 00:12:14,360 --> 00:12:18,440 Speaker 1: eviction ban was a big controversy a couple of weeks ago, Jack, 225 00:12:18,480 --> 00:12:21,400 Speaker 1: you probably walked by Corey Bush and others who were 226 00:12:21,440 --> 00:12:24,800 Speaker 1: sleeping on the steps of the House to make a 227 00:12:24,880 --> 00:12:28,640 Speaker 1: point on this, a sit in essentially to pressure the 228 00:12:28,640 --> 00:12:31,400 Speaker 1: White House or the leadership in the House for that matter, 229 00:12:31,520 --> 00:12:34,560 Speaker 1: Nancy Pelosi to extend this band that was set to 230 00:12:34,600 --> 00:12:39,439 Speaker 1: expire at the end of July. So it looks like Jack, 231 00:12:39,480 --> 00:12:42,439 Speaker 1: Democrats got what they want. Is there a congressional solution 232 00:12:42,520 --> 00:12:44,640 Speaker 1: for this though, because it could still be struck down 233 00:12:44,679 --> 00:12:46,960 Speaker 1: in court. Well, I think the congressman kind of hit 234 00:12:47,000 --> 00:12:49,640 Speaker 1: the nail on the head earlier in your interview with him, uh, 235 00:12:49,679 --> 00:12:52,640 Speaker 1: saying the Congress to an extent has already done its job. 236 00:12:52,679 --> 00:12:56,160 Speaker 1: They put out forty six and a half billion dollars. 237 00:12:56,200 --> 00:12:58,840 Speaker 1: I think three billion dollars has actually been spent. A 238 00:12:58,880 --> 00:13:01,040 Speaker 1: lot of the issue you here is with state and 239 00:13:01,160 --> 00:13:05,440 Speaker 1: local governments and why that's been held up. Um. Democrats 240 00:13:05,480 --> 00:13:07,959 Speaker 1: can only be so happy about this. The Democrats were 241 00:13:07,960 --> 00:13:10,800 Speaker 1: really pushed for this because this is only the U. S. 242 00:13:10,880 --> 00:13:13,599 Speaker 1: District judge, and it raises questions about what's going to 243 00:13:13,679 --> 00:13:15,800 Speaker 1: happen at the next level if it goes back to 244 00:13:15,800 --> 00:13:19,439 Speaker 1: the Supreme Court. It's pretty clear that there's some reticence 245 00:13:19,559 --> 00:13:22,360 Speaker 1: there in terms of allowing the executive branch to just 246 00:13:22,440 --> 00:13:24,800 Speaker 1: extend this on its own. So it's it's good news 247 00:13:24,800 --> 00:13:28,560 Speaker 1: for a lot of people for now, but Congress has 248 00:13:28,640 --> 00:13:31,040 Speaker 1: kind of done as much as it can in a sense, 249 00:13:31,520 --> 00:13:33,960 Speaker 1: or as much as it's going to uh and it's 250 00:13:34,600 --> 00:13:37,920 Speaker 1: things are are looking a little iffy in the next 251 00:13:38,000 --> 00:13:40,199 Speaker 1: rounds of what the courts are going to do. Well, 252 00:13:40,200 --> 00:13:42,320 Speaker 1: that's true. And if it goes back to the Supreme Court, 253 00:13:42,400 --> 00:13:44,600 Speaker 1: we know that Justice Kavanaugh is waiting for it. He 254 00:13:44,640 --> 00:13:47,400 Speaker 1: already struck this thing down. That's how we got here. Emily, 255 00:13:47,480 --> 00:13:51,080 Speaker 1: is there anything that lawmakers can do instead of yell 256 00:13:51,240 --> 00:13:54,120 Speaker 1: at the states to actually get the money out the door? 257 00:13:54,240 --> 00:13:56,720 Speaker 1: Or is it really out of Washington's hands at that point? 258 00:13:56,920 --> 00:14:00,839 Speaker 1: I mean no, it could absolutely be in Congress's hands 259 00:14:00,880 --> 00:14:03,480 Speaker 1: to extend this eviction moratorium. It's something they have the 260 00:14:03,600 --> 00:14:06,440 Speaker 1: power to do. Do they have the votes to do it. No, 261 00:14:07,160 --> 00:14:09,120 Speaker 1: they don't. They don't even have the votes to get 262 00:14:09,160 --> 00:14:11,040 Speaker 1: it through the Democrat backed House. They don't even have 263 00:14:11,080 --> 00:14:15,000 Speaker 1: all Democrats on board with extending the eviction moratorium. Now, 264 00:14:15,160 --> 00:14:18,760 Speaker 1: maybe behind the scene, you know, Nancy Pelosi, Stenny Hoyer, 265 00:14:18,920 --> 00:14:21,160 Speaker 1: they go, they twist some arms, they cut some deals, 266 00:14:21,160 --> 00:14:22,920 Speaker 1: they get people on board. Fight. You still have a 267 00:14:22,920 --> 00:14:25,360 Speaker 1: really high bart clear in the Senate. And let's be 268 00:14:25,400 --> 00:14:28,840 Speaker 1: frank you look at what the House's agenda is when 269 00:14:28,880 --> 00:14:33,160 Speaker 1: this eviction moratorium expires. They have a ton of other 270 00:14:33,240 --> 00:14:35,520 Speaker 1: stuff that they need to get to. They already have 271 00:14:35,560 --> 00:14:39,280 Speaker 1: a packed schedule, and and to add this in, I 272 00:14:39,320 --> 00:14:41,720 Speaker 1: think it's going to be something where Democrats are really 273 00:14:41,760 --> 00:14:45,160 Speaker 1: hoping that that more of that forty six billion is distributed, 274 00:14:45,200 --> 00:14:46,920 Speaker 1: because I don't think to a certain extent they have 275 00:14:46,960 --> 00:14:49,720 Speaker 1: the bandwidth to try and deal with this in Congress. 276 00:14:49,720 --> 00:14:52,520 Speaker 1: Can they inspire states? Though, I guess that's the real question, 277 00:14:52,560 --> 00:14:55,480 Speaker 1: because we've heard Democrats and Republicans to your points say no, 278 00:14:55,600 --> 00:14:58,560 Speaker 1: we already allocated the money. How do you get governors 279 00:14:58,600 --> 00:15:00,720 Speaker 1: to act? As the question? Then think part of it 280 00:15:00,760 --> 00:15:03,760 Speaker 1: is just bureaucracy, right, that it has to go the states. 281 00:15:03,800 --> 00:15:05,360 Speaker 1: The states have to figure out how to get it 282 00:15:05,400 --> 00:15:07,320 Speaker 1: to the right people, how to set up the programs, 283 00:15:07,320 --> 00:15:10,600 Speaker 1: how to set the applications. Some states, Bloomberg reported on this, 284 00:15:10,720 --> 00:15:12,600 Speaker 1: some states have done a great job and starting to 285 00:15:12,640 --> 00:15:15,480 Speaker 1: get out money and locate people and some people. When 286 00:15:15,520 --> 00:15:18,280 Speaker 1: this became when the eviction moratorium was up at the 287 00:15:18,360 --> 00:15:21,080 Speaker 1: end of July, they hadn't given out any money yet 288 00:15:21,120 --> 00:15:23,200 Speaker 1: at all. And I think this is really a matter 289 00:15:23,280 --> 00:15:24,720 Speaker 1: if you want to know the story of why the 290 00:15:24,720 --> 00:15:26,840 Speaker 1: money is not out there, there are fifty different stories 291 00:15:26,880 --> 00:15:30,480 Speaker 1: in every different state and localities, and I think it's 292 00:15:30,520 --> 00:15:32,920 Speaker 1: just a thing where it takes time. It really does 293 00:15:33,000 --> 00:15:35,520 Speaker 1: take time for money to go from the federal level 294 00:15:35,600 --> 00:15:38,160 Speaker 1: all the way down to the renters and landlord's who 295 00:15:38,160 --> 00:15:40,360 Speaker 1: need it. I wonder if this should have been written 296 00:15:40,400 --> 00:15:44,240 Speaker 1: differently Jack Fitzpatrick. But this really was an issue that 297 00:15:44,280 --> 00:15:47,720 Speaker 1: got under progressive crawl right. This is this was a 298 00:15:47,800 --> 00:15:50,160 Speaker 1: problem they were They were talking about Joe Biden and 299 00:15:50,240 --> 00:15:53,640 Speaker 1: Nancy Pelosi being late to the party and essentially turning 300 00:15:53,640 --> 00:15:57,840 Speaker 1: their backs on vulnerable families who needed Washington's help most. 301 00:15:58,680 --> 00:16:01,280 Speaker 1: That's not a great back drop to start this huge 302 00:16:01,320 --> 00:16:05,080 Speaker 1: debate over reconciliation and infrastructure, is it right. There's there's 303 00:16:05,120 --> 00:16:08,680 Speaker 1: a lot of tension right now between the progressives and 304 00:16:08,720 --> 00:16:13,360 Speaker 1: the moderates, and some frustration between progressives and leadership. You know, 305 00:16:13,440 --> 00:16:15,560 Speaker 1: a couple of weeks ago, there was this sense that 306 00:16:16,000 --> 00:16:18,200 Speaker 1: it almost seemed like they were going to allow the 307 00:16:18,280 --> 00:16:23,480 Speaker 1: eviction more moratorium just to expire before progressives, especially Corey Bush, 308 00:16:23,520 --> 00:16:28,080 Speaker 1: really started pushing at least for this temporary extension. Now 309 00:16:28,120 --> 00:16:32,040 Speaker 1: there's all sorts of debates. Theoretically, they could address this 310 00:16:32,080 --> 00:16:35,800 Speaker 1: through a reconciliation bill if people aren't already evicted before 311 00:16:35,880 --> 00:16:38,320 Speaker 1: that bill becomes law. They could add more money, they 312 00:16:38,320 --> 00:16:43,200 Speaker 1: could add measures to make grants contingent on the disbursement 313 00:16:43,520 --> 00:16:46,240 Speaker 1: of this funds to try to motivate states. But that 314 00:16:46,240 --> 00:16:49,360 Speaker 1: that takes time. That takes time, and you know, it's 315 00:16:49,400 --> 00:16:52,520 Speaker 1: difficult to get this reconciliation bill through. They they're going 316 00:16:52,560 --> 00:16:54,720 Speaker 1: to have to wrangle the votes. We don't know exactly 317 00:16:54,760 --> 00:16:56,360 Speaker 1: how quickly they can do what they say they want 318 00:16:56,360 --> 00:16:59,280 Speaker 1: to get the bill together by September fifteenth. That's very 319 00:16:59,360 --> 00:17:03,000 Speaker 1: very fast. The eviction issue is a much more fast 320 00:17:03,040 --> 00:17:08,080 Speaker 1: paced issue than anything they could address through the reconciliation process. 321 00:17:08,119 --> 00:17:10,840 Speaker 1: That's a slower process. It's the room in there for that, Emily. 322 00:17:11,000 --> 00:17:12,920 Speaker 1: I mean, I think one of the interesting things that 323 00:17:12,920 --> 00:17:17,080 Speaker 1: that we saw with the eviction moratorium battle is we 324 00:17:17,119 --> 00:17:20,040 Speaker 1: saw how much Progressives are willing to dig in their heels. 325 00:17:20,080 --> 00:17:22,560 Speaker 1: I mean, this was led by Corey Bush, who was 326 00:17:22,600 --> 00:17:25,040 Speaker 1: not here last Congress. She's a new new member of 327 00:17:25,040 --> 00:17:27,560 Speaker 1: the squad. Her and Jamal Bowman. They've been very vocal. 328 00:17:27,640 --> 00:17:30,879 Speaker 1: They've been willing to go against leadership. And so I 329 00:17:30,880 --> 00:17:33,520 Speaker 1: think to a certain extent, when you see Progressives digging 330 00:17:33,560 --> 00:17:35,680 Speaker 1: their heels as they are right now and say we're 331 00:17:35,720 --> 00:17:38,520 Speaker 1: not voting on infrastructure until the Senate gets us that 332 00:17:38,600 --> 00:17:41,520 Speaker 1: reconciliation bill, the one that hasn't even been written yet, 333 00:17:41,800 --> 00:17:44,359 Speaker 1: they're digging in their heels. They've already shown that they 334 00:17:44,400 --> 00:17:46,840 Speaker 1: have the political force to follow through on things like 335 00:17:46,920 --> 00:17:49,119 Speaker 1: they did with the eviction moratorium, and I think it 336 00:17:49,200 --> 00:17:51,480 Speaker 1: lends them a little bit more credibility in moments like 337 00:17:51,560 --> 00:17:54,200 Speaker 1: this where they have stood up and said, hey, we 338 00:17:54,280 --> 00:17:56,520 Speaker 1: will not do this, this is our line in the sand. 339 00:17:56,640 --> 00:17:58,920 Speaker 1: We're spending a friday with Jack and Emily are reporters 340 00:17:59,000 --> 00:18:01,119 Speaker 1: round table and coming we'll look at what could happen 341 00:18:01,160 --> 00:18:04,280 Speaker 1: with infrastructure. We'll keep following this ball and the budget. 342 00:18:04,320 --> 00:18:08,480 Speaker 1: As Nancy Pelosi faces a revolt from moderates, they sent 343 00:18:08,560 --> 00:18:11,280 Speaker 1: her another letter. We'll talk about it next day with 344 00:18:11,400 --> 00:18:14,520 Speaker 1: us Sun Sound On. I'm Joe Matthew. This is Bloomberg 345 00:18:23,520 --> 00:18:28,600 Speaker 1: Broadcasting live from our nation's capital, Bloomberg to New York, 346 00:18:28,680 --> 00:18:34,040 Speaker 1: Bloomberg eleven, Frio to San Francisco, Bloomberg nine to the country, 347 00:18:34,200 --> 00:18:38,280 Speaker 1: Sirius XM Channel one and around the globe, the Bloomberg 348 00:18:38,359 --> 00:18:42,680 Speaker 1: Business app and Bloomberg Radio dot Com. This is Bloomberg 349 00:18:42,840 --> 00:18:47,399 Speaker 1: Sound On with Joe Matthew. The headline on the terminal 350 00:18:47,440 --> 00:18:51,960 Speaker 1: Pelosi faces revolts from moderates that risks budget vote plan. 351 00:18:52,280 --> 00:18:55,240 Speaker 1: Bloomberg Government's Emily Wilkins shares the byline and we'll talk 352 00:18:55,280 --> 00:18:58,960 Speaker 1: with her and political contributor Jack Fitzpatrick. Coming up, Christ 353 00:18:59,000 --> 00:19:02,200 Speaker 1: we continue our find a Reporter's round table on Bloomberg 354 00:19:02,320 --> 00:19:06,040 Speaker 1: Sound On. The math is getting more challenging for Nancy Pelosi, 355 00:19:06,600 --> 00:19:08,960 Speaker 1: and it was already pretty tough with such a slim 356 00:19:09,000 --> 00:19:12,040 Speaker 1: majority in the House, and as we've seen play out 357 00:19:12,080 --> 00:19:15,560 Speaker 1: on this program the past couple of weeks, moderates and 358 00:19:15,600 --> 00:19:19,840 Speaker 1: progressives in the Democratic Party do not agree on everything. 359 00:19:20,320 --> 00:19:23,640 Speaker 1: In fact, as we read on the terminal here, nine 360 00:19:23,760 --> 00:19:28,000 Speaker 1: moderate House Democrats threatening now to withhold support from the 361 00:19:28,040 --> 00:19:30,760 Speaker 1: Budget Resolution the three and a half trillion dollar plan 362 00:19:30,960 --> 00:19:35,560 Speaker 1: until a bipartisan infrastructure package is signed into law. This 363 00:19:35,640 --> 00:19:39,240 Speaker 1: is getting a little more difficult for the leadership. Of course. 364 00:19:39,280 --> 00:19:41,960 Speaker 1: Progresses by the way, say fine, then we won't vote 365 00:19:41,960 --> 00:19:45,280 Speaker 1: for the infrastructure bill. And we're joined by Bloomberg Government's 366 00:19:45,280 --> 00:19:48,879 Speaker 1: Emily Wilkins and Jack Fitzpatrick are reporters round table. Emily, 367 00:19:48,920 --> 00:19:51,720 Speaker 1: I'll start with you as you share the byline on 368 00:19:51,840 --> 00:19:55,800 Speaker 1: this story. Nine moderate House Democrats. They sent a letter 369 00:19:55,800 --> 00:19:58,919 Speaker 1: to Nancy Pelosi, not just urging her to move up 370 00:19:58,920 --> 00:20:01,520 Speaker 1: the infrastructure vote and in fact threatening, as we heard 371 00:20:01,560 --> 00:20:05,280 Speaker 1: earlier this week from Congressman Gottheimer on this program, threatening 372 00:20:05,280 --> 00:20:08,840 Speaker 1: not to vote for the reconciliation plan and blow this 373 00:20:08,920 --> 00:20:11,240 Speaker 1: whole thing up. Right, this is really a step up 374 00:20:11,280 --> 00:20:13,919 Speaker 1: from what the rhetoric was earlier in the week. And 375 00:20:13,960 --> 00:20:16,680 Speaker 1: I'm going to get a little bit wonky here right now. 376 00:20:17,680 --> 00:20:22,600 Speaker 1: So what we've got coming up Augustus, We're going to 377 00:20:22,680 --> 00:20:25,679 Speaker 1: have a vote on the Budget Resolution. Now that is 378 00:20:25,720 --> 00:20:29,840 Speaker 1: the blueprint for reconciliation. Got to move the resolution and 379 00:20:29,880 --> 00:20:33,760 Speaker 1: then you get to reconciliation. So we've heard progressive say, hey, 380 00:20:33,800 --> 00:20:36,880 Speaker 1: we need that final end product, that reconciliation. That's what 381 00:20:36,920 --> 00:20:39,879 Speaker 1: we need to vote on infrastructure in the House. And 382 00:20:39,960 --> 00:20:43,119 Speaker 1: because Nancy Pelosi has said, fine, you got it, she 383 00:20:43,160 --> 00:20:45,920 Speaker 1: has stuck to that position all week. But what moderates 384 00:20:45,920 --> 00:20:47,879 Speaker 1: have now realized is that they have to take that 385 00:20:48,000 --> 00:20:51,600 Speaker 1: resolution vote before they take the reconciliation vote. And that's 386 00:20:51,640 --> 00:20:54,360 Speaker 1: where they're really coming in here and trying to sort 387 00:20:54,359 --> 00:20:57,119 Speaker 1: of do take some leverage saying, hey, we're not going 388 00:20:57,160 --> 00:20:59,480 Speaker 1: to vote for this and this, as you mentioned, it's 389 00:20:59,480 --> 00:21:02,159 Speaker 1: sort of been in increase in rhetoric all week, and 390 00:21:02,200 --> 00:21:04,280 Speaker 1: now they've actually kind of laid their cards on the 391 00:21:04,320 --> 00:21:06,840 Speaker 1: line saying these are the nine of us, these are names. 392 00:21:07,080 --> 00:21:09,320 Speaker 1: We're not going to vote for it unless you do infrastructure. 393 00:21:09,359 --> 00:21:12,840 Speaker 1: And this really puts Nancy Pelosi in a very tricky spot. 394 00:21:13,119 --> 00:21:15,120 Speaker 1: She's really got to put her negotiating hat on here 395 00:21:15,200 --> 00:21:17,600 Speaker 1: trying to figure her way out of this. Otherwise this 396 00:21:17,600 --> 00:21:19,439 Speaker 1: could be the end. This could be the end of 397 00:21:19,480 --> 00:21:22,760 Speaker 1: both the infrastructure and the reconciliation packages. Boy, it's just 398 00:21:22,840 --> 00:21:26,000 Speaker 1: always so close to fallen apart here. Jack Pelosi held 399 00:21:26,040 --> 00:21:28,880 Speaker 1: a conference call with members of her caucus this week. 400 00:21:28,960 --> 00:21:31,159 Speaker 1: She said, according to those on that call, I'm not 401 00:21:31,320 --> 00:21:35,480 Speaker 1: freelancing here, this is the consensus of the caucus, suggesting 402 00:21:35,520 --> 00:21:38,919 Speaker 1: it's not just the squad that wants to get the 403 00:21:38,920 --> 00:21:42,240 Speaker 1: reconciliation deal done in the Senate before they move on 404 00:21:42,359 --> 00:21:46,960 Speaker 1: hard infrastructure. That this is the majority. Is that accurate? Yeah, 405 00:21:47,160 --> 00:21:49,520 Speaker 1: I mean, there really wasn't much pushed back when she 406 00:21:49,680 --> 00:21:52,560 Speaker 1: first said this earlier in the summer, that she was 407 00:21:52,920 --> 00:21:56,119 Speaker 1: sticking with the progressive position and saying we're not moving 408 00:21:56,160 --> 00:22:00,000 Speaker 1: infrastructure until we get everything else from the Senate, include 409 00:22:00,000 --> 00:22:03,159 Speaker 1: doing the actual reconciliation bill. It is a little surprising, 410 00:22:03,160 --> 00:22:07,480 Speaker 1: actually to hear from nine moderates now saying wait, wait, wait, 411 00:22:07,520 --> 00:22:09,680 Speaker 1: we don't like this plan that the Speaker laid out 412 00:22:10,160 --> 00:22:12,919 Speaker 1: a matter of weeks ago or a couple of months. 413 00:22:13,240 --> 00:22:16,720 Speaker 1: Uh that she said that. I think. One thing to 414 00:22:16,840 --> 00:22:20,200 Speaker 1: keep in mind too, is out of all the Democratic moderates, 415 00:22:20,440 --> 00:22:24,160 Speaker 1: nine is not really unity. Nine isn't that many moderates. 416 00:22:24,200 --> 00:22:26,920 Speaker 1: I'm curious to see if they'll get more moderates on board. 417 00:22:26,920 --> 00:22:28,960 Speaker 1: But looking at this letter, you know, you don't have 418 00:22:29,359 --> 00:22:33,520 Speaker 1: Connor Lamb on the letter, you don't have Stephanie Murphy. Uh, 419 00:22:33,560 --> 00:22:35,960 Speaker 1: you know where's Tom o'haller? And I can think of 420 00:22:36,000 --> 00:22:39,800 Speaker 1: a bunch of moderate members who sometimes buck uh the leadership, 421 00:22:40,240 --> 00:22:43,960 Speaker 1: who didn't make this demand. So somebody's got to back down. 422 00:22:44,520 --> 00:22:46,760 Speaker 1: If everybody does exactly what they said they're gonna do, 423 00:22:46,800 --> 00:22:49,640 Speaker 1: they can't really pass anything. Uh. And I'm just kind 424 00:22:49,640 --> 00:22:53,399 Speaker 1: of curious why a relatively small number enough to tank it, 425 00:22:53,560 --> 00:22:57,040 Speaker 1: but a relatively small number of moderates said this if 426 00:22:57,040 --> 00:22:59,159 Speaker 1: they weren't going to get a bunch of moderates to 427 00:22:59,200 --> 00:23:02,000 Speaker 1: really dig in their heels, which begs the question, Emily, 428 00:23:02,040 --> 00:23:04,159 Speaker 1: And I don't know where you want to go with this, 429 00:23:04,280 --> 00:23:05,880 Speaker 1: but I don't want to back you into a corner here. 430 00:23:05,880 --> 00:23:09,920 Speaker 1: But which group is more influential, the moderates or the progressives? 431 00:23:10,119 --> 00:23:12,320 Speaker 1: I think Jack kind of made a very interesting point there. 432 00:23:12,400 --> 00:23:15,280 Speaker 1: The Progressives have drawn this line in the sand, no 433 00:23:15,400 --> 00:23:19,080 Speaker 1: infrastructure until reconciliation for quite some time. It's just this 434 00:23:19,119 --> 00:23:22,800 Speaker 1: week that moderates and only nine moderates have come out. 435 00:23:22,880 --> 00:23:26,000 Speaker 1: Then again, the magic numbers four, you've got four, you're 436 00:23:26,000 --> 00:23:28,240 Speaker 1: going to sink something, So nine is more than enough 437 00:23:28,240 --> 00:23:30,560 Speaker 1: to ruin this exactly? Is it just about being caught 438 00:23:30,560 --> 00:23:32,080 Speaker 1: in the act then, So like, you know what, we 439 00:23:32,160 --> 00:23:36,280 Speaker 1: took a stand, but we didn't have We couldn't consciously 440 00:23:36,400 --> 00:23:39,840 Speaker 1: vote against childcare and Medicare expansion, and well we just 441 00:23:39,960 --> 00:23:42,560 Speaker 1: voted yes for everything. Well, I think what you need. Also, 442 00:23:42,840 --> 00:23:45,280 Speaker 1: when I talked to moderates, they're like, look, what's not 443 00:23:45,359 --> 00:23:48,719 Speaker 1: that we're against reconciliation. A lot of the moderates they 444 00:23:48,800 --> 00:23:51,240 Speaker 1: like things like childcare. They're even for things like an 445 00:23:51,240 --> 00:23:54,240 Speaker 1: expansion of Medicare. I think when the big concerns here, 446 00:23:54,680 --> 00:23:57,280 Speaker 1: Number one, the cost that three point five trillion, it's 447 00:23:57,280 --> 00:23:59,919 Speaker 1: spooked Joe Mansion, it's spooks some moderate Democrats and the 448 00:24:00,000 --> 00:24:02,919 Speaker 1: House number two timing. I mean, this is as we 449 00:24:03,080 --> 00:24:05,320 Speaker 1: just discussed last segment, it takes a while for money 450 00:24:05,359 --> 00:24:09,160 Speaker 1: to go from the federal government to actual districts, and moderates, 451 00:24:09,200 --> 00:24:10,399 Speaker 1: these are the ones who are going to face the 452 00:24:10,520 --> 00:24:12,960 Speaker 1: really tough mid terms. They want to see that investment 453 00:24:13,000 --> 00:24:15,480 Speaker 1: in their communities as soon as possible, and even a 454 00:24:15,480 --> 00:24:17,960 Speaker 1: couple of months make a difference. And number three and 455 00:24:18,119 --> 00:24:20,159 Speaker 1: I wrote a little bit about this today for for 456 00:24:20,200 --> 00:24:24,440 Speaker 1: Bloomberg Government there's a messaging component here. Infrastructure for these 457 00:24:24,480 --> 00:24:29,240 Speaker 1: moderates is such a clear win. It was bipartisan. It's infrastructure. 458 00:24:29,280 --> 00:24:34,399 Speaker 1: Everyone loves infrastructure. Reconciliation that's a little more difficult because 459 00:24:34,480 --> 00:24:38,320 Speaker 1: Democrats are going alone. Republicans are like, cool, well, this 460 00:24:38,359 --> 00:24:40,240 Speaker 1: is the basis for all of our attack ads. You 461 00:24:40,320 --> 00:24:44,160 Speaker 1: already saw the Conservative American Action Network. They spent five 462 00:24:44,240 --> 00:24:48,159 Speaker 1: million dollars in moderate districts that are vulnerable in the 463 00:24:48,200 --> 00:24:51,840 Speaker 1: mid terms, already attacking them for this reconciliation plan that 464 00:24:51,920 --> 00:24:55,000 Speaker 1: hasn't even been written yet. And so yeah, for these moderates, 465 00:24:55,080 --> 00:24:57,280 Speaker 1: it's much easier to say, hey, guys, look at what 466 00:24:57,320 --> 00:25:00,560 Speaker 1: we did with infrastructure. But instead that's kind of becoming 467 00:25:00,600 --> 00:25:03,560 Speaker 1: combined with reconciliation, and it's going to be harder for 468 00:25:03,600 --> 00:25:07,280 Speaker 1: them to really drive home that message on reconciliation because 469 00:25:07,280 --> 00:25:10,639 Speaker 1: of the Republican attacks. So where does this go then, Jack? 470 00:25:11,000 --> 00:25:13,560 Speaker 1: Is this the beginning of winding down the price dag 471 00:25:13,560 --> 00:25:16,760 Speaker 1: Maybe it ends up being two trillion dollars. Everybody says, oh, look, 472 00:25:17,040 --> 00:25:19,359 Speaker 1: we helped to influence the deal. It's more palatable, and 473 00:25:19,480 --> 00:25:22,000 Speaker 1: even get mansion in cinema along the way. Well, I 474 00:25:22,000 --> 00:25:24,879 Speaker 1: mean one somebody has to back down. As I said, 475 00:25:25,280 --> 00:25:27,760 Speaker 1: if everybody holds their current position, they do not have 476 00:25:27,800 --> 00:25:31,239 Speaker 1: a majority and they can't pass anything too. You know, 477 00:25:31,320 --> 00:25:34,399 Speaker 1: you can imagine scenarios in which you could give them 478 00:25:34,440 --> 00:25:38,000 Speaker 1: a win. Uh you You maybe don't say, all right, moderates, 479 00:25:38,000 --> 00:25:41,000 Speaker 1: we're we're going to hold the vote on infrastructure and 480 00:25:41,119 --> 00:25:43,520 Speaker 1: pass this and get that done before we do reconciliation. 481 00:25:43,680 --> 00:25:46,440 Speaker 1: But if you vote for the resolution and just take 482 00:25:46,480 --> 00:25:49,520 Speaker 1: that one step, you make some sort of promise on 483 00:25:49,520 --> 00:25:53,440 Speaker 1: on something more fiscally moderate. You take the number down 484 00:25:53,720 --> 00:25:55,560 Speaker 1: from three and a half trillion. We learned that. You know, 485 00:25:55,640 --> 00:25:58,440 Speaker 1: Kirsten Cinema in the Senate has said she's not comfortable 486 00:25:58,480 --> 00:26:00,760 Speaker 1: with that top line number. I think this is the 487 00:26:00,800 --> 00:26:04,760 Speaker 1: time when leadership has to ask these moderates, what exactly 488 00:26:04,800 --> 00:26:07,359 Speaker 1: do you want, aside from digging in your heels, If 489 00:26:07,359 --> 00:26:10,320 Speaker 1: there's anything you want, any promises we can make about 490 00:26:10,320 --> 00:26:11,960 Speaker 1: how the rest of this process is going to go. 491 00:26:12,240 --> 00:26:13,960 Speaker 1: Let us know now and you can put out a 492 00:26:14,000 --> 00:26:17,280 Speaker 1: press release saying I got this promise in order to 493 00:26:17,359 --> 00:26:20,840 Speaker 1: vote on this Bloomberg government. Semily Wilkins and Jack Fitzpatrick 494 00:26:21,040 --> 00:26:23,600 Speaker 1: are reporters Round Table. Thanks to both of you guys 495 00:26:24,040 --> 00:26:27,480 Speaker 1: regulars on this program. Time to get some tacos coming up. 496 00:26:28,000 --> 00:26:30,440 Speaker 1: As the President settled into the woods of Maryland, we'll 497 00:26:30,440 --> 00:26:34,119 Speaker 1: talk with Adam Belmar, optics expert on presidential vacations. This 498 00:26:34,160 --> 00:26:39,199 Speaker 1: is Bloomberg. This is Bloomberg, So no with Joe Mathew 499 00:26:39,720 --> 00:26:44,239 Speaker 1: on Bloomberg Radio. The President Biden has made his way 500 00:26:44,320 --> 00:26:47,400 Speaker 1: from Delaware to Camp David, or he will spend this 501 00:26:47,520 --> 00:26:50,520 Speaker 1: August weekend with a select group of White House officials 502 00:26:50,520 --> 00:26:53,600 Speaker 1: and of course some family, a favorite spot of his. 503 00:26:53,880 --> 00:26:56,920 Speaker 1: According to White House Press Secretary Jen Saki, he likes 504 00:26:56,920 --> 00:26:59,640 Speaker 1: Camp David. It's a place to be outside, spend time 505 00:26:59,640 --> 00:27:04,560 Speaker 1: with family, uh and certainly has a beautiful, beautiful scenery there. 506 00:27:04,960 --> 00:27:08,440 Speaker 1: Jen Psaki questioned over Joe Biden's summer schedule, specifically these 507 00:27:08,520 --> 00:27:11,800 Speaker 1: plans as most presidents are even though we all know 508 00:27:12,200 --> 00:27:14,960 Speaker 1: well time off is good for all of us, enter 509 00:27:15,040 --> 00:27:18,679 Speaker 1: the presidential vacation and the many things that can complicate 510 00:27:18,760 --> 00:27:21,600 Speaker 1: those plans. Were joined by an expert on political optics 511 00:27:21,600 --> 00:27:24,919 Speaker 1: who worked both as a Network TV journalists covering the 512 00:27:24,960 --> 00:27:28,239 Speaker 1: White House and later was an official working at the 513 00:27:28,240 --> 00:27:31,919 Speaker 1: White House. Adam Belmar was Deputy Communications director for President 514 00:27:31,960 --> 00:27:34,639 Speaker 1: George W. Bush, and he's back with us today on 515 00:27:34,760 --> 00:27:37,440 Speaker 1: sound on Adam, welcome back to Bloomberg Radio. It's good 516 00:27:37,440 --> 00:27:40,359 Speaker 1: to be with you, Joe Matthew. Presidents run into criticism, 517 00:27:40,400 --> 00:27:42,679 Speaker 1: you know this, if not worse in some cases, just 518 00:27:42,720 --> 00:27:45,160 Speaker 1: about any time they go on vacation, even though Adam, 519 00:27:45,200 --> 00:27:49,399 Speaker 1: they technically never really leave the White House, do they? Now? 520 00:27:49,520 --> 00:27:53,879 Speaker 1: The president is certainly governing and responsible for every element 521 00:27:53,920 --> 00:27:56,320 Speaker 1: of the job, no matter where he or she is. 522 00:27:57,040 --> 00:28:00,359 Speaker 1: And as much as Americans appreciate the ability to see 523 00:28:00,359 --> 00:28:03,680 Speaker 1: our presidents enjoying time with family and getting out of 524 00:28:03,720 --> 00:28:06,399 Speaker 1: the White House when things get rough, they want to 525 00:28:06,440 --> 00:28:09,399 Speaker 1: believe the president is large in an in charge and 526 00:28:09,440 --> 00:28:12,480 Speaker 1: that usually means not sitting on a beach or wearing 527 00:28:12,720 --> 00:28:16,960 Speaker 1: a white shirt while playing golf. Well, Camp David is 528 00:28:17,000 --> 00:28:20,320 Speaker 1: the ultimate version, right of the mobile White House that 529 00:28:20,400 --> 00:28:22,879 Speaker 1: we hear about. Most people have no idea though, Adam, 530 00:28:22,920 --> 00:28:25,040 Speaker 1: what is up there? You do you have actually spent 531 00:28:25,119 --> 00:28:29,239 Speaker 1: time there with your former boss? What's the attraction at 532 00:28:29,240 --> 00:28:30,920 Speaker 1: the top of the mountain? Bring us inside there? What 533 00:28:31,000 --> 00:28:33,360 Speaker 1: kind of a weekend is Joe Biden and a half? Well, 534 00:28:33,400 --> 00:28:36,920 Speaker 1: I think that Jen Psaki is correct. It is beautiful, 535 00:28:37,119 --> 00:28:40,280 Speaker 1: It is scenic, and it is much cooler at the 536 00:28:40,320 --> 00:28:42,840 Speaker 1: top of the Catoctin Mountains that it is down in 537 00:28:42,880 --> 00:28:46,240 Speaker 1: the swamp and Washington, d C. But this facility that 538 00:28:46,280 --> 00:28:49,760 Speaker 1: we call Camp David is actually known as Naval Support 539 00:28:49,840 --> 00:28:53,600 Speaker 1: Facility Thermont, and I can tell you that it looks 540 00:28:53,640 --> 00:28:57,640 Speaker 1: like a camp. It has great low buildings and it's 541 00:28:57,680 --> 00:29:00,520 Speaker 1: set in trees, but it is a four trist like 542 00:29:00,640 --> 00:29:04,680 Speaker 1: none other. It has connectivity and the ability to support 543 00:29:04,720 --> 00:29:08,600 Speaker 1: the president, heads of state, all kinds of staff, and 544 00:29:08,680 --> 00:29:12,320 Speaker 1: bring the president face to face with every military leader 545 00:29:12,400 --> 00:29:15,160 Speaker 1: or world leader that he might need to see. And so, 546 00:29:15,840 --> 00:29:18,040 Speaker 1: aside from being away from the prying eyes, I think 547 00:29:18,080 --> 00:29:20,320 Speaker 1: the president is going to enjoy the privacy that he 548 00:29:20,400 --> 00:29:23,880 Speaker 1: needs to both take some time and really be able 549 00:29:23,920 --> 00:29:26,000 Speaker 1: to touch everybody in the world that he needs to 550 00:29:26,560 --> 00:29:31,600 Speaker 1: as they're dealing with this evacuation of US personnel from Afghanistan. 551 00:29:31,680 --> 00:29:34,480 Speaker 1: That's right. Apparently he will be briefed on the withdrawal 552 00:29:34,560 --> 00:29:37,320 Speaker 1: among other issues while he's there. How come we've never 553 00:29:37,360 --> 00:29:38,960 Speaker 1: seen it though, Adam was it? What is it about 554 00:29:39,000 --> 00:29:40,840 Speaker 1: that you can go online and look at almost every 555 00:29:40,920 --> 00:29:42,880 Speaker 1: room in the White House, but no one has ever 556 00:29:42,920 --> 00:29:46,200 Speaker 1: really seen through the gates of Camp David. That's right. 557 00:29:46,240 --> 00:29:50,320 Speaker 1: We've seen it going back to May of forty three, 558 00:29:50,600 --> 00:29:54,960 Speaker 1: when folks like Prime Minister Winston Churchill was there during 559 00:29:55,000 --> 00:29:57,960 Speaker 1: World War Two and of course what ultimately led to 560 00:29:57,960 --> 00:30:00,920 Speaker 1: the Camp David Accords in the seventy eight era where 561 00:30:00,960 --> 00:30:04,840 Speaker 1: anwar Sadat and Israel Prime Minister Manakom began. Where there, 562 00:30:05,080 --> 00:30:08,640 Speaker 1: it's improved a lot since then. There's a gym, there's 563 00:30:08,680 --> 00:30:12,920 Speaker 1: a beautiful house of worship, there are common dining facilities, 564 00:30:12,920 --> 00:30:16,120 Speaker 1: there are trails, there is everything that you could want 565 00:30:16,120 --> 00:30:18,880 Speaker 1: to do, including a basketball court the President Obama put in. 566 00:30:19,240 --> 00:30:24,520 Speaker 1: But it is ultimately incredibly secure, not just private. And 567 00:30:24,600 --> 00:30:27,640 Speaker 1: that's a huge distinction between a place like sat Mara Lago, 568 00:30:28,080 --> 00:30:32,240 Speaker 1: where our former President Trump escaped too repeatedly. He didn't 569 00:30:32,280 --> 00:30:34,760 Speaker 1: have anywhere near the amount of privacy that a president 570 00:30:34,760 --> 00:30:38,200 Speaker 1: would need to conduct foreign affairs and domestic politics. But 571 00:30:38,280 --> 00:30:41,719 Speaker 1: it certainly was exclusive. This is exclusive to the nth 572 00:30:41,800 --> 00:30:46,080 Speaker 1: degree and built as secure and hardened facility to support 573 00:30:46,120 --> 00:30:49,200 Speaker 1: the presidency. Joe, is there a version of the Oval 574 00:30:49,240 --> 00:30:52,520 Speaker 1: Office even if it's not Oval? And is it true 575 00:30:52,520 --> 00:30:55,880 Speaker 1: about the golf cards. Each president gets a personalized golf 576 00:30:55,920 --> 00:30:58,440 Speaker 1: card drive around. But that is exactly true, and so 577 00:30:58,480 --> 00:31:01,920 Speaker 1: do all of the dignitary and staff who are on 578 00:31:02,000 --> 00:31:04,560 Speaker 1: the property to support the president. I remember showing up 579 00:31:04,560 --> 00:31:06,800 Speaker 1: and being handed the keys to my very own golf 580 00:31:06,840 --> 00:31:10,000 Speaker 1: cart with my name and blazon on a heart plastic sign, 581 00:31:10,480 --> 00:31:12,800 Speaker 1: and they'd come around and charge them up. And I 582 00:31:12,880 --> 00:31:15,080 Speaker 1: even ran very close to the President as We're going 583 00:31:15,160 --> 00:31:17,920 Speaker 1: opposite directions before an interview one day in our golf carts, 584 00:31:17,920 --> 00:31:19,680 Speaker 1: and he looked at me like I needed to slow down. 585 00:31:20,360 --> 00:31:23,120 Speaker 1: But I'll tell you what. The President's come and go 586 00:31:23,280 --> 00:31:25,840 Speaker 1: via helicopter. But if you're a normal mortal human that's 587 00:31:25,880 --> 00:31:28,400 Speaker 1: coming to be at Camp David, it very much looks 588 00:31:28,400 --> 00:31:30,959 Speaker 1: like Jurassic Park when you get to the entrance. The 589 00:31:31,000 --> 00:31:36,080 Speaker 1: Marines have the security mission at this facility, and it 590 00:31:36,200 --> 00:31:38,840 Speaker 1: is run as a military facility by the Navy CBS. 591 00:31:39,320 --> 00:31:42,720 Speaker 1: And I've never seen a larger set offenses, doors or 592 00:31:42,800 --> 00:31:45,360 Speaker 1: screening procedure at any place I've been on the planet 593 00:31:45,360 --> 00:31:49,280 Speaker 1: than at Camp David. And the President absolutely has an 594 00:31:49,320 --> 00:31:51,680 Speaker 1: equivalent to the Oval Office. He's got a very large 595 00:31:51,720 --> 00:31:56,760 Speaker 1: meeting room that presidents Trump, Obama, Clinton, Bush, and I'm 596 00:31:56,800 --> 00:31:59,960 Speaker 1: sure now Biden have either used all or will be used. 597 00:32:00,120 --> 00:32:03,040 Speaker 1: President Biden to convene with the War Council, both in 598 00:32:03,080 --> 00:32:07,160 Speaker 1: person and remotely. And the president's private office is spacious 599 00:32:07,200 --> 00:32:10,680 Speaker 1: and very accommodating. In the President's cabin and at the 600 00:32:10,680 --> 00:32:13,360 Speaker 1: work cabin. This is a conversation you're not gonna hear 601 00:32:13,400 --> 00:32:15,920 Speaker 1: anywhere else, as we spend time today with Adam belmher 602 00:32:16,320 --> 00:32:19,040 Speaker 1: on Bloomberg sound On. Of course, Adam, your old boss 603 00:32:19,040 --> 00:32:22,600 Speaker 1: spent a good deal of time in Crawford, Texas. This 604 00:32:22,640 --> 00:32:24,760 Speaker 1: is a wonderful spot to come up in here and 605 00:32:24,880 --> 00:32:30,120 Speaker 1: just kind of think about the budget. I mean, he 606 00:32:30,240 --> 00:32:33,080 Speaker 1: was just kidding, of course. George W. Bush was known 607 00:32:33,120 --> 00:32:35,480 Speaker 1: Adam for clearing brush, for riding his mountain bike, for 608 00:32:35,600 --> 00:32:38,280 Speaker 1: driving his truck when he was in Crawford, and he 609 00:32:38,360 --> 00:32:41,000 Speaker 1: got so many questions about it from the media. He 610 00:32:41,040 --> 00:32:44,120 Speaker 1: took reporters on a tour of the property from August 611 00:32:44,160 --> 00:32:48,160 Speaker 1: is always dry, I mean unless there's a hurricane. August 612 00:32:48,200 --> 00:32:50,400 Speaker 1: is a dry mouth in Texas. And it's always hot. 613 00:32:50,600 --> 00:32:54,040 Speaker 1: It's never not been hot. And uh, you get you 614 00:32:54,080 --> 00:32:57,400 Speaker 1: get some colors down here, some of the leaves, Yeah, 615 00:32:57,480 --> 00:32:59,600 Speaker 1: you do it's nothing like New England, but you do 616 00:32:59,640 --> 00:33:03,200 Speaker 1: get some. Of course, President Obama love New England, frequent 617 00:33:03,240 --> 00:33:10,360 Speaker 1: trips to Martha's Vineyard. He always drew crowds at him 618 00:33:10,360 --> 00:33:12,640 Speaker 1: when he was walking around the island. But Obama was 619 00:33:12,680 --> 00:33:17,000 Speaker 1: criticized by conservatives and and others because it felt different 620 00:33:17,040 --> 00:33:20,080 Speaker 1: to people then a president who would go to quote 621 00:33:20,120 --> 00:33:24,640 Speaker 1: unquote home like George Bush and Crawford. No doubt, when 622 00:33:24,680 --> 00:33:28,720 Speaker 1: you are investing your time and energy to create a 623 00:33:28,840 --> 00:33:31,840 Speaker 1: place for a getaway for a president, you need to 624 00:33:31,880 --> 00:33:35,800 Speaker 1: build things, Dara I say, Joe Matthew, hard infrastructure. That 625 00:33:35,880 --> 00:33:38,640 Speaker 1: kind of thing exists at a residence for a president, 626 00:33:38,680 --> 00:33:41,960 Speaker 1: and certainly at Camp David. There's no additional investment to 627 00:33:42,000 --> 00:33:44,920 Speaker 1: support that mission to secure the commander in chief in 628 00:33:45,080 --> 00:33:46,880 Speaker 1: all of the people that need to be there to 629 00:33:46,960 --> 00:33:49,120 Speaker 1: keep that mission going, even when you're away from the 630 00:33:49,120 --> 00:33:51,760 Speaker 1: White House. That is certainly not the case when you 631 00:33:51,800 --> 00:33:54,480 Speaker 1: are not going home and headed to a true vacation 632 00:33:54,520 --> 00:33:57,320 Speaker 1: spot like we saw on Martha's Vineyond and even to 633 00:33:57,400 --> 00:34:00,720 Speaker 1: Hawaii for President Obama, that's true. And and of course, 634 00:34:00,760 --> 00:34:02,400 Speaker 1: as we'll discuss in a moment, a lot of those 635 00:34:02,560 --> 00:34:06,520 Speaker 1: trips were interrupted, but when you were in your old job, 636 00:34:06,560 --> 00:34:10,080 Speaker 1: you're the deputy communications director, You've got to be ready 637 00:34:10,200 --> 00:34:13,440 Speaker 1: for anything to happen. You go on vacation, things still happen. 638 00:34:14,280 --> 00:34:16,600 Speaker 1: You need to have a venue right for the president 639 00:34:16,640 --> 00:34:19,000 Speaker 1: to address the nation, no matter where he or she is. 640 00:34:19,760 --> 00:34:22,879 Speaker 1: I traveled with the President United States through twenty three 641 00:34:22,920 --> 00:34:25,920 Speaker 1: countries on the planet, and I can tell you everywhere 642 00:34:26,000 --> 00:34:29,480 Speaker 1: we went, and most especially on vacations such as they 643 00:34:29,480 --> 00:34:32,879 Speaker 1: were at Crawford or time spend at Camp David, we 644 00:34:33,040 --> 00:34:37,840 Speaker 1: always had a contingency emergency statement plan and that meant 645 00:34:37,880 --> 00:34:41,719 Speaker 1: putting in the belly of the aircraft, podium lights, the 646 00:34:41,760 --> 00:34:45,600 Speaker 1: presidential seal on moltbox, and all the visual trappings to 647 00:34:45,640 --> 00:34:48,560 Speaker 1: the presidency that exists at Camp David as well for 648 00:34:48,600 --> 00:34:53,120 Speaker 1: President Biden, and those elements are always needed. I can 649 00:34:53,160 --> 00:34:57,160 Speaker 1: remember world news overcoming events on a foreign trip with 650 00:34:57,200 --> 00:35:01,200 Speaker 1: the President in the late two thousands and and with 651 00:35:01,400 --> 00:35:04,320 Speaker 1: less than twenty minutes notice, we were told that the 652 00:35:04,360 --> 00:35:07,080 Speaker 1: President would address the foreign press and the domestic press 653 00:35:07,080 --> 00:35:09,480 Speaker 1: falling on the trip, and if we hadn't been prepared, 654 00:35:09,520 --> 00:35:11,600 Speaker 1: we would never been able to pull it off. That's 655 00:35:11,640 --> 00:35:14,239 Speaker 1: the kind of stuff that always looks presidential even when 656 00:35:14,239 --> 00:35:16,959 Speaker 1: it's just on the tarmac with the plane behind of Joe. 657 00:35:17,239 --> 00:35:20,120 Speaker 1: Because you've got the podium, you probably have some blue drape. 658 00:35:20,160 --> 00:35:22,320 Speaker 1: If you need to write, you could go live from anywhere, 659 00:35:23,239 --> 00:35:26,280 Speaker 1: absolutely right, Adam, There's something we call the August curse 660 00:35:27,120 --> 00:35:29,359 Speaker 1: in Washington, just when a president heads out of town, 661 00:35:29,440 --> 00:35:33,640 Speaker 1: lawmakers on recess and news happens. To your point, President 662 00:35:33,640 --> 00:35:36,759 Speaker 1: Obama specifically, as I referred to, had had to cut 663 00:35:36,800 --> 00:35:41,920 Speaker 1: several vacations short was the fiscal cliff Hurricane Irene In. 664 00:35:43,400 --> 00:35:48,280 Speaker 1: A president never really goes on vacation, hardly ever, truly 665 00:35:48,320 --> 00:35:51,759 Speaker 1: goes on vacation and sleeps so much less than we 666 00:35:51,840 --> 00:35:57,719 Speaker 1: might ever suspect. The unbelievable consistency and persistence and stick 667 00:35:57,719 --> 00:36:01,560 Speaker 1: tou itiveness of all of our presidents straight act is remarkable. 668 00:36:01,800 --> 00:36:04,560 Speaker 1: They are relentless human beings who are up against a 669 00:36:04,680 --> 00:36:07,719 Speaker 1: challenging schedule the likes of which even a broadcaster like 670 00:36:07,800 --> 00:36:11,439 Speaker 1: Joe Matthew knows a little about. Thanks to our friend, 671 00:36:11,480 --> 00:36:15,600 Speaker 1: Adam Bellmar, former senior Washington producer at ABC News, former 672 00:36:15,600 --> 00:36:20,080 Speaker 1: White House Deputy Communications director, now runs a production house 673 00:36:20,120 --> 00:36:24,560 Speaker 1: called the Advocacy Content Kitchen out of Virginia. So how 674 00:36:24,560 --> 00:36:30,000 Speaker 1: about your August weekend. At least you won't be criticized 675 00:36:30,000 --> 00:36:34,120 Speaker 1: for relaxing, so enjoy it and be ready for anything 676 00:36:34,200 --> 00:36:41,160 Speaker 1: next week. Remember what Adam said, and beware the August curse. 677 00:36:42,120 --> 00:36:44,760 Speaker 1: We'll beat you back here Monday, no matter the news. 678 00:36:45,000 --> 00:36:47,799 Speaker 1: And be sure to subscribe to the sound On podcast, 679 00:36:48,320 --> 00:36:52,799 Speaker 1: the fastest hour in Politics. Have fun this weekend. I'm 680 00:36:52,880 --> 00:37:02,000 Speaker 1: Joe Matthew. This is Bloomberg. Never looks Jack to squeeze.