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Speaker 1: Now from our nation's capital. This is Bloomberg Sound on

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Speaker 1: Next year, it is going to be an ugly election

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Speaker 1: year in which you can expect very little to get done.

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Speaker 1: To death to its become a pernisis political tool, which

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Speaker 1: doesn't help be the party. Bloomberg Sound on Politics, Policy

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Speaker 1: and Perspective from DC's top names work. Confident at the

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Speaker 1: end of the day that the Senate is gonna put

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Speaker 1: American families first heard thirty million Americans are expecting and

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Speaker 1: waiting for us to move the ball forward and get

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Speaker 1: stuff done. And when that doesn't happen, in his frustration,

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Speaker 1: Bloomberg Sound On with Joe Matthew on Bloomberg Radio, it's

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Speaker 1: a meeting of the Joe's not this Joe those Joe's

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Speaker 1: Biden and Mansion as the President and of course the

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Speaker 1: Senator from West Virginia get down to it. We'll build

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Speaker 1: back better, get a vote before Christmas. As Senator Chuck

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Speaker 1: Schumer is calling for. This could be the conversation that

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Speaker 1: answers the question, and we will talk about it later

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Speaker 1: this hour with Isaac Boltanski, Managing director of policy research

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Speaker 1: at the firm bt I G. But first, as President

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Speaker 1: Biden prepares to visit Kentucky now after the devastating tornadoes

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Speaker 1: claim sixty four lives in the state. We will discuss

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Speaker 1: the recovery coming up with Republican Congressman James Comer, whose

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Speaker 1: first congressional district was ravaged by the storm. Our panel today,

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Speaker 1: Bloomberg Politics contributor and Republican consultant Rick Davis and Max

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Speaker 1: Burns is with his Democratic strategist and founder of Third

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Speaker 1: Degree Strategies. It's the fastest hour in politics. President Biden,

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Speaker 1: as I mentioned, is headed for Kentucky later this week Wednesday.

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Speaker 1: Is the plan to survey the damage from the tornadoes,

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Speaker 1: see where help is needed, and of course console those

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Speaker 1: who lost loved ones. Here is President Biden today at

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Speaker 1: the White House. When we talked about this two days ago,

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Speaker 1: was that I don't want to be in the way.

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Speaker 1: There's a lot going on, and when the President shows up,

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Speaker 1: there's a long tale of following awful lot of folks,

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Speaker 1: and I just don't want to do anything other than

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Speaker 1: be your value added. But I want you to know

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Speaker 1: that this administration has made it clear to every governor

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Speaker 1: whatever they need, when they needed, when they need to

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Speaker 1: make it known to me, it will get it to

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Speaker 1: them as rapidly, as rapidly as we can, you have

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Speaker 1: it from the White House, says Governor Andy. Shear says

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Speaker 1: it could be weeks before we know the full extent

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Speaker 1: of damage. Earlier today said over a hundred people remain

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Speaker 1: unaccounted for. These tornadoes hit hard in Kentucky's first congressional district,

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Speaker 1: home to Mayfield, Kentucky, which, as you've likely seen in

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Speaker 1: the news coverage, more the heaviest brunt of the storm.

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Speaker 1: The images are unreal. Congressman James coma Republican from Kentucky,

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Speaker 1: represents that districts and he joins us now in fact

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Speaker 1: from Paducah. Congressman, I appreciate your time today, welcome back

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Speaker 1: to Bloomberg Radio. What do you and what does your

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Speaker 1: district need most right now? Well, obviously we need a

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Speaker 1: lot of prayers, but in the very short term, we've

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Speaker 1: got to get power back. Electrical grid has just been destroyed.

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Speaker 1: Even areas far from the tornado path don't have electricity

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Speaker 1: in West Kentucky and it's gotten down to the low

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Speaker 1: twenties the last two nights, so we're you know, typical

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Speaker 1: Christmas weather with no electricity. We have no water in

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Speaker 1: most of these communities. In western Kentucky. The sower system

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Speaker 1: has been taken out in a couple of couple of

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Speaker 1: the cities. It's just uh, just sheer devastation to the

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Speaker 1: infrastructure of the set. Three cell towers were destroyed. And

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Speaker 1: remember before the tornado, the cell service was not very

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Speaker 1: good in this part of the rural America. After the storm,

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Speaker 1: there's absolutely no cell service. So uh communication, basic infrastructure, heat, water.

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Speaker 1: These are our most pressing needs right now. I should

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Speaker 1: start by asking about yourself, as your family safe, as

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Speaker 1: your neighborhood still together. Yes, yes, we uh, I live

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Speaker 1: east of where the tornadoes hit. Uh we suffered just

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Speaker 1: you know, debris and things like that in my home

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Speaker 1: county of Monroe. But my district goes from one end

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Speaker 1: of the state to the other, and obviously the western

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Speaker 1: end of the state, cities like Mayfield, Dawson Springs, Princeton, Kentucky,

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Speaker 1: a little community called Casey, and Fulton County, they just

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Speaker 1: absolutely sheer devastation, destroyed and it's gonna take months and

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Speaker 1: probably years to rebuild. But again, we've got to get

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Speaker 1: the electricity back on. We've been on sone with TV

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Speaker 1: A and the different utilities, and you know, just trying

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Speaker 1: to help navigate the bureaucracy. Here. We sat down with

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Speaker 1: a map as we were preparing to talk to the congressman,

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Speaker 1: a map of your districts, and my goodness, the it's

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Speaker 1: almost the entire thing was raked by this tornado. The

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Speaker 1: length of of this these tornadoes was remarkable, and of

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Speaker 1: course it reached into a the states. We apparently have

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Speaker 1: thirteen fatalities, at least in neighboring states, or all of

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Speaker 1: the states affected coming together. You're getting help from outside

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Speaker 1: of Kentucky. Absolutely, it's just been amazing the help that's

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Speaker 1: coming in from all over the United States, the money

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Speaker 1: that's been donated to governor announced. Just over a twenty

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Speaker 1: four hour period we raced over six million dollars for

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Speaker 1: a West Kentucky charity that's just been set up help

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Speaker 1: people in need. The utility crewise from all over the

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Speaker 1: Nited States are rolling in. I mean Paduka now fifteen

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Speaker 1: miles north of Mayfield, and uh the hotel where I

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Speaker 1: stayed last night was full of utility people, and I

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Speaker 1: mean it's it's just really there's your heart. Good to

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Speaker 1: see friends and neighbors come together, and that's what's happening.

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Speaker 1: People ask, well, where all these displaced people living, and

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Speaker 1: they're living with friends and family and relatives. And then

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Speaker 1: churches have opened their doors, their shelters. The governors opened

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Speaker 1: up the state park system. We're in West Kentucky around

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Speaker 1: the land between the Lakes area a lot of state parks. So, uh,

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Speaker 1: everyone as of now that that needs a temporary place

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Speaker 1: to stay has one. But we've got to start focusing

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Speaker 1: on uh, permanent, permanent temporary shelters, you know, more than

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Speaker 1: the next week or so. We've got to focus on

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Speaker 1: the next twelve months because it's gonna take a long

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Speaker 1: time to rebuild all these dwellings. Another president over the

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Speaker 1: weekend issued an emergency declaration for Kentucky ordered federal assistance

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Speaker 1: to be there. You heard his remarks today saying, whatever

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Speaker 1: the governor needs, whatever you need, uh, they will provide.

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Speaker 1: Does that help? Does that emergency declaration help with the

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Speaker 1: housing situation? Yes? It does. And I was in the

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Speaker 1: district yesterday in Mayfield and Benton, Kentucky with the female

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Speaker 1: director and with Homeland Security Secretary Moroccos, and we talked.

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Speaker 1: They have been very responsive thus far. Uh. The White

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Speaker 1: House has been responsive us far, the governor, I mean,

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Speaker 1: this center, McConnell. Everyone's working together on this as as

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Speaker 1: we should and so far over the first three days. Uh,

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Speaker 1: the federal and state officials are doing their part, But

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Speaker 1: the real heroes are the first responders and the and

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Speaker 1: the neighbors. I mean they're farmers that were bringing their

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Speaker 1: equipment to the scenes of buildings that had collapsed before

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Speaker 1: the sun even came up that first day. I mean,

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Speaker 1: people have been on the scene NonStop, and this is

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Speaker 1: day three now, just trying to desperately find people that

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Speaker 1: are that are still missing. And it's just unbelievable to

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Speaker 1: see the no effort that's that's gone through and the

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Speaker 1: outpouring of support from all over the United States. Does

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Speaker 1: the President Biden's visit later this week help to unlock resources,

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Speaker 1: maybe draw more attention to the area, or or does

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Speaker 1: it actually test the area by having a presidential visit

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Speaker 1: in the middle of all of this recovery. I think

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Speaker 1: it helps, And know the President I agreed with what

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Speaker 1: he said, you know, he would come if he wasn't

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Speaker 1: in the way, and that's kind of how how I

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Speaker 1: feel as well. But the people want to see they

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Speaker 1: want to see their leaders. They want to know that

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Speaker 1: the leaders know what they're going through because this is

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Speaker 1: rural America, and rural America has always forgotten. This is

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Speaker 1: a part of Kentucky that's over a four hour drive

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Speaker 1: from Frankfort, Kentucky, the state capital. So the population of

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Speaker 1: Kentucky's right around the state capital of Louis Alexing to

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Speaker 1: Cincinnati that triangles where all the population is West. Kentucky's

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Speaker 1: far far away and just have have always felt kind

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Speaker 1: of neglected. So to see Uh, their member of Congress

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Speaker 1: and the President of the United States and the governor,

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Speaker 1: I think that sends a very important signal to the

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Speaker 1: people that help is here. We're not gonna forget about yet.

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Speaker 1: We're gonna do everything we can to save anyone who's

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Speaker 1: still missing, and then to try to work together to rebuild.

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Speaker 1: We're talking with Wresman James Colema, Republican from Kentucky's joining

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Speaker 1: us from Paduca, which is in the center of all

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Speaker 1: of this destruction following the tornadoes. I have to ask you, Congressman.

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Speaker 1: You mentioned the cell phone issue, this was already a problem.

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Speaker 1: Is there anything in the infrastructure bill that is now

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Speaker 1: law as you call it, the infrastructure law that helps

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Speaker 1: to to reinforce uh that problem. Build more towers, provide

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Speaker 1: more communication for your area. This is a big complaint

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Speaker 1: of mine with all the money that's been appropriated over

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Speaker 1: the last few years, including in the Farm Bill, where

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Speaker 1: I was part of a group that got money appropriated

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Speaker 1: for rural broadband. There's a difference in broadband and rural broadband,

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Speaker 1: and the Infrastructor Bill said broadband there. Believe me, they're

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Speaker 1: totally different thing. But the rural broadband um a lot

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Speaker 1: of the big carriers are getting subsidized as is required

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Speaker 1: because you can't profitably run broadband into rural areas. Wherever

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Speaker 1: it's profitable to have broadband, the private sector has already

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Speaker 1: run right bad to to get it to the what

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Speaker 1: we call the last mile, but in the chase to

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Speaker 1: West Kentucky it's tens of miles. It's gonna take public

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Speaker 1: private partnerships. These big companies, these big carriers have been

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Speaker 1: awarded dollars to run that broadband, but they haven't run it,

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Speaker 1: or they run it, but they haven't allowed anyone to

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Speaker 1: hook onto it. So this is one of the problems

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Speaker 1: that I've had and it. It became evident during the

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Speaker 1: virtual learning when when these schools were shut down because

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Speaker 1: of COVID, there were so many people in my congersional

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Speaker 1: district who who would have to drive to the nearest McDonald's,

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Speaker 1: which there may not even be a McDonald's in the county,

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Speaker 1: but but they had WiFi. Some of the local Farm

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Speaker 1: Bureau insurance agencies which you're in the you know, the

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Speaker 1: populated towns, they had WiFi and people would be parked

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Speaker 1: around the buildings at night downloading assignments for the children

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Speaker 1: because they didn't have broadband. We they had no other way.

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Speaker 1: And then the cell services it's just you know, it's

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Speaker 1: it's bad in the rural areas are non existent. But

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Speaker 1: in the cities, you know, in like Mayfield, they had

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Speaker 1: sales service in the city limits. But now the power's gone.

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Speaker 1: We've got some temporary stands. Uh. Some of the big

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Speaker 1: carriers have have come in a T and T Verizon

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Speaker 1: and set up temporary stands to kind of boost around,

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Speaker 1: like under the candle factory and places where there are

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Speaker 1: subdivisions where we still have people on accounting for just

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Speaker 1: in case they've got a cell phone and trying to call. UH.

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Speaker 1: They've got the boosters there for the first responders, but

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Speaker 1: it's a huge problem and we're trying to get as

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Speaker 1: we rebuild these poles. We've had five thousand light poles

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Speaker 1: taken out, So can you rebuild some of this in

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Speaker 1: our last minute here, Congressman, to keep this from happening again.

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Speaker 1: I guess that's what I'm getting to is the what

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Speaker 1: future options you have to improve communication. I would love

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Speaker 1: to see some of the broadband money used in rural America.

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Speaker 1: But the bill just talked about broadband, and one of

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Speaker 1: the programs that the administration announced was broadband equity, meaning

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Speaker 1: they were gonna help people in cities that clean afford

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Speaker 1: broadband to have vouchers to have Robert. That's that's fun

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Speaker 1: and dandy, but in rural America, we don't have broadband,

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Speaker 1: and in situations of where there's a disaster blooming and

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Speaker 1: you can't communicate, it becomes a problem critical infrastructure. Congressman

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Speaker 1: James Comer, Republican from Kentucky, we thank you for your

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Speaker 1: time today on Bloomberg Sound On, and with the note

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Speaker 1: to that visit tomorrow or Wednesday rather, the President as

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Speaker 1: well as Secretary Alejandro ma Orcas will be there. The

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Speaker 1: panel's next. This is Bloomberg. You're listening to Bloomberg. You

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Speaker 1: Sound On with Joe Matthew on Bloomberg Radio. Some presidents

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Speaker 1: are good at this, playing the role of consoler in chief,

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Speaker 1: and it's been said that Joe Biden is one of them.

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Speaker 1: Let's pick up where we left off with Congressman Comber

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Speaker 1: as we assembled the panel for this Monday. Welcome to

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Speaker 1: Sound On with Bloomberg. Politics contributor and Republican strategist Rick

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Speaker 1: Davis alongside Max Burns today, democratic strategist, founder of Third

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Speaker 1: Degree Strategies. Both back with us here for the hour. Rick,

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Speaker 1: that was a tough talk with the Congressman, and I

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Speaker 1: suspect that his his mind has gone from all of

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Speaker 1: the wrangling over social spending here in Washington, two very

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Speaker 1: real matters at home, as he prepares for a Democratic

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Speaker 1: president to come and visit him this week. He had

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Speaker 1: positive things to say about the Biden administration, and this

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Speaker 1: is one of those moments when administrations and presidents specifically

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Speaker 1: are judged. That'll be Joe Biden on Wednesday. What does

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Speaker 1: he need to do? You know, I think this is

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Speaker 1: his probably one of his greatest assets as the president

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Speaker 1: of United States, and he showed it throughout his career

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Speaker 1: as senator and as Vice president, is he has a

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Speaker 1: very good empathetic capability. He can connect with people, He

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Speaker 1: can uh say and do the right things with people

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Speaker 1: who are in uh distress. I can't imagine how horrific

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Speaker 1: the sights and the scenes are going to be when

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Speaker 1: he gets to these locations. But this is this is

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Speaker 1: what he has really been known for throughout his career.

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Speaker 1: And I think it's a personality trait that he has.

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Speaker 1: I don't think it's something you can teach somebody. It's

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Speaker 1: something they have to have, uh you know when they're

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Speaker 1: when internally in them And I think that no better

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Speaker 1: time for him to go there and connect with the crowd.

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Speaker 1: We heard Congressman Comber say it's great to see our

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Speaker 1: leaders showing up. Rural America doesn't see him very often.

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Speaker 1: You know, they don't get to see the campaigns and

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Speaker 1: the and the whistle stop tours, but they their leaders

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Speaker 1: will be there when they need them the most. That's

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Speaker 1: important stuff. Max Burns and I suspect that, you know,

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Speaker 1: this is one of those moments where we're it's just

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Speaker 1: a different political calculation here. When we see President Biden

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Speaker 1: go in the field for this, some might criticize him

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Speaker 1: for interrupting the low and he mentioned that today that's

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Speaker 1: why they're waiting a few days. But a presidential visit

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Speaker 1: can unlock resources. Max. He's seen in the midst of

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Speaker 1: a tragedy like this that there's always a contingent that

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Speaker 1: say it's wrong for a president to come visit and

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Speaker 1: cause a distraction. But I'll tell you this, this reminded

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Speaker 1: me so much of the horrible tornado that hit Joplin,

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Speaker 1: Missouri in and those people don't care if the president's

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Speaker 1: a Democrat or a Republican. They're just looking for a hug.

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Speaker 1: They're looking for someone to say that the government is

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Speaker 1: going to be here to make this right, and more importantly,

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Speaker 1: that he is there for them and that they will

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Speaker 1: not be forgotten. And I think this is a great

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Speaker 1: moment to reconnect that more broadly to the money that's

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Speaker 1: coming into states with this infrastructure bill that just passed.

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Speaker 1: There will be additional emergency response funding there for things

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Speaker 1: just like this, and that's something that states will at

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Speaker 1: least have going forward. I think it's safe to talk

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Speaker 1: about that Rick Davis. There's so much debate about managing

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Speaker 1: the impact of climate about managing the impact of extreme weather,

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Speaker 1: but also shoring up things like we talked about with

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Speaker 1: the congressman, broadband specifically to rural areas, and he's still

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Speaker 1: he's still left wanting there. I'm not sure he's convinced

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Speaker 1: that this plan will do it, Rick, But some of

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Speaker 1: the other things like cell phone communication and so forth,

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Speaker 1: bringing resources to rural America. This is what the President's

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Speaker 1: were talking about. That's right, and this is really going

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Speaker 1: to test the system. Right, What is it that they're

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Speaker 1: not going to need? They need water restored, They're gonna

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Speaker 1: need that infrastructure rebuilt. Uh, they're gonna need those power

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Speaker 1: lines put back up. Are we gonna do the cheapest,

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Speaker 1: lowest common denominator. We're gonna put up smart grids for

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Speaker 1: these people who have suffered so much. The basic infrastructure

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Speaker 1: is going to have to be built from ground up.

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Speaker 1: Housing he talked about. The Congressman talked about the need

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Speaker 1: for temporary permanent housing because the neighbors have done a

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Speaker 1: good job of absorbing the public need today. But that's

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Speaker 1: gonna that pressure is gonna come on. So uh, yeah,

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Speaker 1: this may actually be one of the very rare natural

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Speaker 1: disasters in the America's that um, we haven't had to

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Speaker 1: get us supplemental for because we do have money for

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Speaker 1: these kinds of things in the bill that just passed Congress.

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Speaker 1: That's the way you just that that's saying a lot,

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Speaker 1: rick I. I'd like to hear from you both on

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Speaker 1: this then if it's if it's somewhere you can go

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Speaker 1: as a Democratic president to make the point that Rick

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Speaker 1: just making. You have that conversation in Kentucky this week, Rickett,

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Speaker 1: when you're when you're advising someone, would that be a

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Speaker 1: wise move? You know, it's all a matter of what

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Speaker 1: the commitment is going to be like, right if the

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Speaker 1: commitment now isn't going to be uh, we're going to

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Speaker 1: get this paid for by Congress, you know before the

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Speaker 1: end of the year, or I'm going to make sure

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Speaker 1: that you have the things that you need to recover

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Speaker 1: your communities. I mean, it's just a it's a confidence level.

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Speaker 1: You know, so much of the time we only show

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Speaker 1: off the power of our great nation, you know, when

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Speaker 1: troubles are abroad. Here's a chance we can show how

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Speaker 1: the powerful nations of the world in ours you know,

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Speaker 1: second to none can actually take care of its own

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Speaker 1: and I think this is something that Biden administration seems

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Speaker 1: very attuned to. It's why they stacked the Infrastructure Bill

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Speaker 1: with emergency aid and UH and and what I have

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Speaker 1: no doubt with this team they're going to they're gonna

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Speaker 1: make this a model. So how does Joe Biden frame that?

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Speaker 1: Max Burns And is it accurate to say that what's

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Speaker 1: already been passed and what's being debated would help Kentucky now? Absolutely,

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Speaker 1: and not just Kentucky but every state, because I think

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Speaker 1: most Americans can see that we've been enduring sort of

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Speaker 1: increasingly extreme weather, fires, floods, storms like this, and the

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Speaker 1: Infrastructure Bill has billions of dollars in it for exactly

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Speaker 1: that kind of preparedness. But there's also a point that

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Speaker 1: needs to be made that the government, you know, the Army,

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Speaker 1: the Navy, FEMA are all treating this climate change worse

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Speaker 1: than storm situation as the fact of life for the future,

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Speaker 1: and they're planning accordingly. And if we don't get a

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Speaker 1: handle on that and start planning ahead this, these disasters

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Speaker 1: will only get more costly, both in financial means and

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Speaker 1: in lives law and that's an argument. I think a

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Speaker 1: lot of Americans will will resonate with them. It's big stuff.

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Speaker 1: Max Burns and Rick Davis are with us for the hour.

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Speaker 1: They'll come back as we turn to the meeting of

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Speaker 1: the Joe's ahead here on sound on and what is

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Speaker 1: in store for the President's social spending plan. I think

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Speaker 1: Boltanski will be with us from the firm beat C.

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Speaker 1: I G. I'm Joe Matthew and this is Bloomberg. Just

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Speaker 1: got an update on the meeting. The call has happened,

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Speaker 1: and Senator Mansion's communications director says, this is quite a statement.

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Speaker 1: Quote Senator Mansion and President Biden had a productive conversation

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Speaker 1: this afternoon period. They will continue to talk over the

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Speaker 1: coming days. Unquote. Of course, that's all it says. Of course,

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Speaker 1: the whole debate around the President's Build Back Better proposal

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Speaker 1: got a new wrinkle on Friday when the CBO came

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Speaker 1: out with a score on the LEDG insolation. I know

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Speaker 1: Emily and Jack talking about it, reflecting the cost of

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Speaker 1: these new policies extended over the course of ten years.

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Speaker 1: What if they just stayed right where they were for

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Speaker 1: the next decade, Here's what they would cost assuming nothing

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Speaker 1: else that was done to pay for them. White House

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Speaker 1: cried foul because it is by definition hypothetical. Then again,

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Speaker 1: when do programs go away? Of course, the current plan

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Speaker 1: is paid for. Not to be confused with what the

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Speaker 1: CBO put out Friday, but Senator Joe Mansion sees truth

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Speaker 1: in these numbers, and he expressed that today when he

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Speaker 1: was speaking with reporters. Here's Joe manchon the CBO is

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Speaker 1: not a Republican or Democrat report. You to see those

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Speaker 1: a Congressional Budget Office and their their nonpartisan and they're

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Speaker 1: going to give it to us the way the facts

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Speaker 1: of what we like it or not. The Mansion spoke

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Speaker 1: more about his concerns about inflation, referring to the data Friday,

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Speaker 1: suggesting lawmakers will have to adapt here and maybe this

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Speaker 1: debate will evolve as they move forward. Here's Joe Mansion again,

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Speaker 1: My grandfather should say, unmanaged debt will make a coward

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Speaker 1: out of the decisions you make. And we're now twenty

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Speaker 1: nine tre you know, we'll be pushing on a thirty

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Speaker 1: troyon and I'm sure that Mr Powell with the FEDS

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Speaker 1: that they're going to make some decisions pretty soon. Here

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Speaker 1: and I'm understanding that he is considering things that we've

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Speaker 1: talked about. Quanta of easing should be reduced, eliminated as

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Speaker 1: quickly as possible, and and the interest rates going to

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Speaker 1: affect all of us if he has to increase interests

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Speaker 1: to try to control referring to the FEDS meeting this week,

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Speaker 1: we'll get a decision Wednesday, as statement wednesday, referring as

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Speaker 1: well there with the reference to QE to his memo

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Speaker 1: from last summer. Remember this the memo with Chuck Schumer,

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Speaker 1: and as Rick Davis consistently reminds us, he's never budged

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Speaker 1: off of that memo. It's been a roadmap for really

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Speaker 1: everything that's happened. Maybe we can follow that roadmap to

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Speaker 1: the end of the year. With Isaac Boltanski, who joins

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Speaker 1: us right now the managing director and director of policy

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Speaker 1: research at bt I. G Isaac, it's great to have you.

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Speaker 1: I went away thinking this meeting could be the one

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Speaker 1: that decides whether Build Back Better passes this year or not.

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Speaker 1: What do you think? I think the more of that

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Speaker 1: things change, the more they stay the same. And no mansion,

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Speaker 1: just as he was in January of this year, is

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Speaker 1: the key vote is the most significant vote for the

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Speaker 1: White House to get. Nothing has changed there, and he

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Speaker 1: has been very clear repeatedly about his concerns regarding inflation

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Speaker 1: and certainly provisions of this bill. And so I don't

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Speaker 1: know what to really read from today's meeting other than

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Speaker 1: the dynamics of the same. The White House and Chuck

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Speaker 1: Shuma again to continue pushing to get jail Manson's vote,

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Speaker 1: and that tells me that the scale in the scope

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Speaker 1: of the package must be reduced before he is going

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Speaker 1: to be a yes vote. I know you have strong

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Speaker 1: feelings about this, Isaac in the way that goes. What

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Speaker 1: do you think one point five as a final number?

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Speaker 1: And should we be obsessing over the price tag right now?

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Speaker 1: Does he still need to have that number where he's comfortable?

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Speaker 1: Is it more about what is inside the plant? Well?

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Speaker 1: I think there are three things that we should be

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Speaker 1: aware of. Number one is, here's an ongoing procedural process,

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Speaker 1: something referred to as a bird bath, where they're deciding

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Speaker 1: what can be in or out of the bill. So

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Speaker 1: what has to deal with that over the next week

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Speaker 1: and see what's there. Number two is the top line figure.

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Speaker 1: I do think that one point seventy five is going

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Speaker 1: to have to be reduced to something closer to one

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Speaker 1: point five just to show some movement for Mansion number

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Speaker 1: three is what's actually in there. And I think that

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Speaker 1: what we're going to see over the next few days

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Speaker 1: is the big mass between Mansion and the rest of

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Speaker 1: the Democratic Party start to narrow as some of these

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Speaker 1: programs see their sunsets altered and their overall scope narrowed

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Speaker 1: through things like me testing asset cutoffs and the like.

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Speaker 1: Did that Friday CBO score that that covered ten years

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Speaker 1: give him cover to make those changes on the phone

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Speaker 1: with the president? You know? The thing is a lot

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Speaker 1: of these data points. While you and me and all

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Speaker 1: of your listeners can look at them analytically, for D

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Speaker 1: see a lot of these data points really just political

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Speaker 1: warshack tests. Two sides can look at the same data

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Speaker 1: point and find talking points from it. So to me,

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Speaker 1: I think that the inflation data of US far in

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00:24:36,240 --> 00:24:39,359
Speaker 1: general has given Joe Manchin a fair amount of cover

431
00:24:39,640 --> 00:24:43,000
Speaker 1: to make his demands. And I think that um the

432
00:24:43,119 --> 00:24:46,399
Speaker 1: CBO score that you're referring to, which discussed the idea

433
00:24:46,400 --> 00:24:49,440
Speaker 1: of what the cost and pipe side would be if

434
00:24:49,560 --> 00:24:53,800
Speaker 1: the covered programs were not sunset is something that Republicans

435
00:24:53,800 --> 00:24:55,639
Speaker 1: are going to seize on. But to me, so the

436
00:24:55,720 --> 00:24:58,920
Speaker 1: story here is the White House is an opportunity where

437
00:24:58,920 --> 00:25:03,439
Speaker 1: they have a trifecta the Senate, and so get it

438
00:25:03,480 --> 00:25:07,720
Speaker 1: done while you get it done, Isaac Boltanski, many things

439
00:25:07,800 --> 00:25:09,879
Speaker 1: with us from bt I G Live. We thank you

440
00:25:09,920 --> 00:25:13,480
Speaker 1: for your time today and your insights on Bloomberg Sound on,

441
00:25:14,440 --> 00:25:17,879
Speaker 1: come back and see us again, Sue. No matter what

442
00:25:17,960 --> 00:25:20,720
Speaker 1: you make of all this, it all comes down to

443
00:25:20,840 --> 00:25:24,160
Speaker 1: the mansion on the HILLO. Joe is not a bad guy,

444
00:25:24,160 --> 00:25:26,240
Speaker 1: and he's a friend, and he's always the end of

445
00:25:26,280 --> 00:25:35,200
Speaker 1: the day, come around and voted. Which senator are we

446
00:25:35,440 --> 00:25:39,840
Speaker 1: negotiating with? Is this June mansion? Is it September mansion?

447
00:25:39,920 --> 00:25:46,359
Speaker 1: Is it August mansion? Down here? Throughout the last three months,

448
00:25:46,359 --> 00:25:49,359
Speaker 1: I've been straightforward about my concerns that I will not

449
00:25:49,480 --> 00:25:55,000
Speaker 1: support a reconciliation package that expands social programs and very

450
00:25:55,040 --> 00:25:59,240
Speaker 1: responsibly adds to our twenty nine trillion dollars in national debt.

451
00:25:59,280 --> 00:26:05,440
Speaker 1: Pot You man join as one of our colleagues that

452
00:26:05,560 --> 00:26:08,720
Speaker 1: originally we have to quote stabilize what we have before

453
00:26:08,760 --> 00:26:12,399
Speaker 1: we start going down this expensive road, or else it

454
00:26:12,440 --> 00:26:18,199
Speaker 1: would be quote fiscal insanity. This bill hostage is not

455
00:26:18,280 --> 00:26:23,920
Speaker 1: going to work. Mr Mansion is uh is opposed to that.

456
00:26:24,359 --> 00:26:27,000
Speaker 1: This was what Senator Mansion was saying two months ago.

457
00:26:27,200 --> 00:26:30,040
Speaker 1: What I see our show games. Senator Mansion, you were right.

458
00:26:30,320 --> 00:26:32,760
Speaker 1: I hope you'll stand up and stop this madness. Do

459
00:26:32,840 --> 00:26:36,520
Speaker 1: you have a specific commitment from Senator Mansion to support

460
00:26:36,560 --> 00:26:39,120
Speaker 1: your Build Back Better bill? He says he doesn't want

461
00:26:39,119 --> 00:26:42,920
Speaker 1: to further burden medic care. I'm open to supporting a

462
00:26:43,000 --> 00:26:45,880
Speaker 1: final bill that helps move our country forward, but I'm

463
00:26:45,920 --> 00:26:52,040
Speaker 1: equally open to voting against the bill that hurts our country. Bliss, Jo,

464
00:26:58,240 --> 00:27:02,600
Speaker 1: you're listening to Bloomberg Sound On with Joe Matthew on

465
00:27:02,800 --> 00:27:07,840
Speaker 1: Bloomberg Radio. After all the talk about Joe Mansion and

466
00:27:07,880 --> 00:27:10,639
Speaker 1: the role he's played in this debate for months, often

467
00:27:10,760 --> 00:27:14,560
Speaker 1: controlling the narrative, it seems to me that if the

468
00:27:14,640 --> 00:27:18,840
Speaker 1: bill passes, if Build Back Better actually passes, Congress, President

469
00:27:18,840 --> 00:27:22,200
Speaker 1: Biden should hold the signing ceremony on Joe Mansion's house

470
00:27:22,240 --> 00:27:26,440
Speaker 1: boat right floating off DC. Wouldn't the optics be perfect?

471
00:27:28,560 --> 00:27:30,200
Speaker 1: It's a heck of a boat. I'll tell you that.

472
00:27:30,920 --> 00:27:33,960
Speaker 1: Now they could have all the protesters who were once

473
00:27:34,320 --> 00:27:36,680
Speaker 1: in kayaks. They could be out there applauding they got

474
00:27:36,680 --> 00:27:41,840
Speaker 1: it done. Before we reassemble the panel, I want to

475
00:27:41,840 --> 00:27:45,399
Speaker 1: talk about a little more about this CBO score that

476
00:27:45,440 --> 00:27:51,160
Speaker 1: we were discussing with Isaac in the last conversation here.

477
00:27:51,920 --> 00:27:55,960
Speaker 1: That CBO score, which Joe Mansion said, is not Democratic

478
00:27:56,040 --> 00:27:59,720
Speaker 1: or Republican. It's the nonpartisan CBO, the Congressional Budget Office.

479
00:27:59,720 --> 00:28:04,040
Speaker 1: He's about that. It was requested by Republicans, and namely

480
00:28:04,800 --> 00:28:08,960
Speaker 1: Senator Lindsey Graham, who talked about the Build Back Better

481
00:28:09,040 --> 00:28:11,840
Speaker 1: plan and actually gave Joe matching credit for this for

482
00:28:11,880 --> 00:28:15,800
Speaker 1: giving him the impetus to ask for the scoring. In

483
00:28:15,840 --> 00:28:18,560
Speaker 1: a conversation on Fox News Sunday, can we hear from

484
00:28:18,600 --> 00:28:23,200
Speaker 1: Lindsay Graham? This bill, Build Back Better will be gasoline

485
00:28:23,200 --> 00:28:26,680
Speaker 1: on the inflation problem. It destroys the ability to extract

486
00:28:26,680 --> 00:28:29,960
Speaker 1: fossil fuels. Gas prices went up fifty eight percent. The

487
00:28:30,040 --> 00:28:32,720
Speaker 1: last thing I'm gonna do is add more burdens to

488
00:28:32,760 --> 00:28:35,920
Speaker 1: working families in South Carolina. And here's my message to

489
00:28:35,960 --> 00:28:39,200
Speaker 1: the Democratic Party. Quit lying about this bill. They should

490
00:28:39,200 --> 00:28:41,760
Speaker 1: revote it in the House. And Senator Mansion, you were right.

491
00:28:42,040 --> 00:28:44,680
Speaker 1: I hope you'll stand up and stop this madness. We

492
00:28:44,760 --> 00:28:48,600
Speaker 1: need to stop build Back Better before it destroys this country,

493
00:28:49,160 --> 00:28:51,920
Speaker 1: destroy the whole country. Senator Manchon, you are right, he said,

494
00:28:51,960 --> 00:28:55,880
Speaker 1: and we reassemble the panel with Bloomberg Politics contributor Rick Davis,

495
00:28:56,640 --> 00:29:00,080
Speaker 1: Republican strategist, along today with Max Burns, Democratic strategy just

496
00:29:00,200 --> 00:29:03,400
Speaker 1: and founder of Third Degree Strategies. Max, what's your take

497
00:29:03,440 --> 00:29:05,680
Speaker 1: on this? I know CBO is getting real wonky. You

498
00:29:05,720 --> 00:29:08,320
Speaker 1: start talking about scoring and most people eyes glaze over

499
00:29:08,360 --> 00:29:10,680
Speaker 1: if they even know what you're referring to. But did

500
00:29:10,720 --> 00:29:14,480
Speaker 1: that not give Joe Manchion a bit more cover in Washington,

501
00:29:14,600 --> 00:29:16,480
Speaker 1: or at least a little bit more reinforcement with the

502
00:29:16,520 --> 00:29:18,600
Speaker 1: point that he has been making. Don't look at this

503
00:29:18,720 --> 00:29:23,040
Speaker 1: through such a narrow lens. These programs will likely outlast

504
00:29:23,040 --> 00:29:25,320
Speaker 1: the period of time we're talking about, and therefore cost

505
00:29:25,360 --> 00:29:29,280
Speaker 1: a lot more. I think Mansion was very clever here

506
00:29:29,360 --> 00:29:31,880
Speaker 1: in it sort of farming this out to Republicans and

507
00:29:31,920 --> 00:29:35,200
Speaker 1: allowing himself some distance from it, because it's important to

508
00:29:35,200 --> 00:29:38,720
Speaker 1: be honest about what that CBO score isn't isn't. I mean,

509
00:29:38,760 --> 00:29:41,120
Speaker 1: that's a score for a version of Build Back Better

510
00:29:41,200 --> 00:29:45,000
Speaker 1: that does not exist. That Democrats are not debating, and

511
00:29:45,080 --> 00:29:47,800
Speaker 1: the fact that Lindsey Graham was a driving force behind

512
00:29:47,840 --> 00:29:51,160
Speaker 1: it to tell you a lot about the motives behind this.

513
00:29:51,640 --> 00:29:54,520
Speaker 1: But it does provide Joe Manchin some ground to push

514
00:29:54,560 --> 00:29:57,120
Speaker 1: back on Joe Biden a little bit. I think that's

515
00:29:57,160 --> 00:29:59,480
Speaker 1: what he was looking for in the near term. But

516
00:29:59,560 --> 00:30:02,440
Speaker 1: I think, as Isaac mentioned, that the price will come

517
00:30:02,480 --> 00:30:05,120
Speaker 1: down a bit and we'll bring people back together on this.

518
00:30:05,560 --> 00:30:08,760
Speaker 1: But Mansion is still playing hardball until the very end.

519
00:30:09,800 --> 00:30:12,200
Speaker 1: And to be fair Rick Davis, this would have been

520
00:30:12,200 --> 00:30:15,520
Speaker 1: where disguise we discussed the CBO score from Friday. This

521
00:30:16,080 --> 00:30:19,479
Speaker 1: uh does not include any Democratic attempt to pay for it.

522
00:30:19,560 --> 00:30:21,840
Speaker 1: This is clearly you know, as Max said, this hasn't

523
00:30:21,840 --> 00:30:23,720
Speaker 1: been debated and this isn't the bill we're in. But

524
00:30:24,160 --> 00:30:27,160
Speaker 1: mansions whole tune has been this will cost more than

525
00:30:27,160 --> 00:30:29,239
Speaker 1: you think, and the more it costs, the more we

526
00:30:29,280 --> 00:30:31,680
Speaker 1: have to worry about inflation. And the more it costs,

527
00:30:31,680 --> 00:30:33,840
Speaker 1: the more likely it is for people in my state

528
00:30:34,320 --> 00:30:37,240
Speaker 1: we're going to run out of social spending programs that

529
00:30:37,280 --> 00:30:39,720
Speaker 1: they're already enjoying that they rely on, that this could

530
00:30:39,760 --> 00:30:43,680
Speaker 1: ruin things like medicare. Does this give him a position

531
00:30:43,680 --> 00:30:47,080
Speaker 1: of strength as he talks to Joe Biden. Yeah, I

532
00:30:47,080 --> 00:30:49,200
Speaker 1: don't think he really needed one. I mean, this has

533
00:30:49,240 --> 00:30:52,600
Speaker 1: been pretty much his contention all along, That's right, But

534
00:30:52,680 --> 00:30:55,440
Speaker 1: someone else is finally saying it. Rick, Yeah, I think

535
00:30:55,560 --> 00:30:59,280
Speaker 1: Lindsay Graham just sort of took the clothes off the emperor,

536
00:30:59,400 --> 00:31:01,880
Speaker 1: right and and and the reality is, you're right, it's

537
00:31:01,920 --> 00:31:04,920
Speaker 1: not the bill we're debating. But but show me one

538
00:31:05,200 --> 00:31:09,640
Speaker 1: single social spending bill that has been passed through reconciliation

539
00:31:09,680 --> 00:31:12,760
Speaker 1: that was not made permanent, right, I mean, really, are

540
00:31:12,800 --> 00:31:17,760
Speaker 1: we talking about putting child tax credit into reconciliation and

541
00:31:17,760 --> 00:31:20,320
Speaker 1: then actually a year from now pulling it out and saying, Okay,

542
00:31:20,320 --> 00:31:23,200
Speaker 1: we're not going to write those checks anymore. Uh So,

543
00:31:23,320 --> 00:31:25,360
Speaker 1: I mean, I think everybody's got to sort of get

544
00:31:25,400 --> 00:31:28,160
Speaker 1: real with the fact that that's the flaw in using

545
00:31:28,240 --> 00:31:31,600
Speaker 1: reconciliation to do all this stuff. And now we're going

546
00:31:31,680 --> 00:31:36,959
Speaker 1: to see this hodgepodge of expiring uh projects and programs

547
00:31:36,960 --> 00:31:39,360
Speaker 1: that aren't going to be fully funded for one to

548
00:31:39,640 --> 00:31:42,720
Speaker 1: three four years. Uh and and and I think that's

549
00:31:42,720 --> 00:31:45,400
Speaker 1: gonna give fodder to the to the Joe mansions the

550
00:31:45,440 --> 00:31:47,120
Speaker 1: world to scratch your head and say, what are we

551
00:31:47,160 --> 00:31:50,000
Speaker 1: really getting ourselves into? Because two years from now, you're

552
00:31:50,000 --> 00:31:52,920
Speaker 1: gonna be the Democratic Party that's going to have to say, oh, yeah,

553
00:31:53,120 --> 00:31:55,680
Speaker 1: we never said this was going to be permanent. Now

554
00:31:55,680 --> 00:31:58,040
Speaker 1: how many people are gonna say that? So I think

555
00:31:58,080 --> 00:32:00,320
Speaker 1: this is this is a problem in the few future,

556
00:32:00,680 --> 00:32:04,000
Speaker 1: but it's going to create ramifications in the present. Maxie

557
00:32:04,000 --> 00:32:06,960
Speaker 1: gets back to the concept, as we've already stated here

558
00:32:07,000 --> 00:32:09,000
Speaker 1: that you know, once you start new programs, it's not

559
00:32:09,080 --> 00:32:12,239
Speaker 1: very often they go away. No, that's true. And the

560
00:32:12,320 --> 00:32:14,200
Speaker 1: argument that a lot of the left has made for

561
00:32:14,280 --> 00:32:17,800
Speaker 1: Joe Mansion is how can you ignore these things that

562
00:32:17,920 --> 00:32:21,120
Speaker 1: your supporters, your your constituents need. And this is a

563
00:32:21,160 --> 00:32:24,120
Speaker 1: guy who over a quarter of West Virginians have no

564
00:32:24,520 --> 00:32:27,280
Speaker 1: natural teeth left due to their lack of access to

565
00:32:27,360 --> 00:32:31,080
Speaker 1: dental service. Joe Mansion is still standing firm on refusing

566
00:32:31,120 --> 00:32:34,240
Speaker 1: to extend dental coverage. That's not a guy who's going

567
00:32:34,280 --> 00:32:37,120
Speaker 1: to be convinced by your quality of life argument. This

568
00:32:37,200 --> 00:32:40,800
Speaker 1: is a pure numbers run for Mansion, and at least

569
00:32:40,800 --> 00:32:43,880
Speaker 1: for now, Democrats have not managed to convince him that

570
00:32:44,000 --> 00:32:46,440
Speaker 1: his numbers are wrong. Is it numbers though? Max me?

571
00:32:46,600 --> 00:32:49,000
Speaker 1: You know, he says these same people you're talking about.

572
00:32:49,840 --> 00:32:53,640
Speaker 1: And I wouldn't guess about anybody's teeth based on where

573
00:32:53,680 --> 00:32:55,400
Speaker 1: they live, but these people who are Look, there are

574
00:32:55,400 --> 00:32:57,360
Speaker 1: some of the poorest people in the country are living

575
00:32:57,360 --> 00:33:00,280
Speaker 1: in his state. They rely on programs that he says

576
00:33:00,760 --> 00:33:04,080
Speaker 1: will be compromised if this thing turns into a massive

577
00:33:04,280 --> 00:33:07,920
Speaker 1: cost overrun. Yeah, and there's a sense in this that

578
00:33:07,960 --> 00:33:10,960
Speaker 1: either Joe Mansion is allowing himself to be fooled a bit,

579
00:33:11,040 --> 00:33:13,320
Speaker 1: or that he's certainly been an eager buyer of the

580
00:33:13,360 --> 00:33:18,120
Speaker 1: GOP spin that that minimizes how effective this is going

581
00:33:18,160 --> 00:33:22,880
Speaker 1: to be. That sells a prolonged inflation story that does

582
00:33:22,960 --> 00:33:26,920
Speaker 1: not match up to the way economies work. But right now,

583
00:33:27,000 --> 00:33:30,000
Speaker 1: unless Joe Mansion changes his mind, and it seems the

584
00:33:30,040 --> 00:33:32,400
Speaker 1: only way to get that is through a much smaller bill,

585
00:33:33,000 --> 00:33:35,680
Speaker 1: there's no way this gets done before Christmas, maybe not

586
00:33:35,760 --> 00:33:41,640
Speaker 1: even before February or March of next year. Rick Uh.

587
00:33:41,760 --> 00:33:44,880
Speaker 1: There was another part of the conversation with Senator Lindsey

588
00:33:44,880 --> 00:33:47,760
Speaker 1: Graham on Fox News that that really caught my attention

589
00:33:47,800 --> 00:33:51,719
Speaker 1: because he was referring constantly to Donald Trump through this,

590
00:33:52,000 --> 00:33:55,840
Speaker 1: whether it was about the build back better, the Supreme

591
00:33:55,880 --> 00:33:59,080
Speaker 1: Court January six, all of this stuff, and he was

592
00:33:59,120 --> 00:34:01,000
Speaker 1: finally asked, you know what kind of a role he's playing?

593
00:34:01,080 --> 00:34:03,640
Speaker 1: Was interesting the way that he used the name of

594
00:34:03,680 --> 00:34:07,840
Speaker 1: Donald Trump, invoked this name as the really the president

595
00:34:08,040 --> 00:34:10,279
Speaker 1: future of the party. And I don't think anybody here

596
00:34:10,280 --> 00:34:12,800
Speaker 1: would argue with that. But the way the the senator

597
00:34:13,120 --> 00:34:16,040
Speaker 1: described it, listen to Lindsay Graham on Fox News Sunday,

598
00:34:16,160 --> 00:34:18,800
Speaker 1: we're going into an election cycle for the winds to

599
00:34:18,880 --> 00:34:21,040
Speaker 1: our back. We can't do this again. But when you

600
00:34:21,080 --> 00:34:24,000
Speaker 1: look forward to this party, Donald Trump is the most

601
00:34:24,000 --> 00:34:27,799
Speaker 1: consequential Republican in the entire Republican Party, maybe in the

602
00:34:27,920 --> 00:34:30,480
Speaker 1: history of the party since Ronald Reagan. And if you're

603
00:34:30,480 --> 00:34:32,680
Speaker 1: going to lead this party in the House and the Senate,

604
00:34:32,960 --> 00:34:35,520
Speaker 1: you have to have a working relationship with Donald Trump

605
00:34:35,560 --> 00:34:38,800
Speaker 1: or it will not work. That's quite a statement after

606
00:34:40,200 --> 00:34:42,160
Speaker 1: what we have gone through over the last year. Here.

607
00:34:42,560 --> 00:34:45,960
Speaker 1: Um for Lindsey Graham, specifically Rick on the night here,

608
00:34:46,760 --> 00:34:49,200
Speaker 1: Uh that the January six panel is apparently going to

609
00:34:49,280 --> 00:34:52,680
Speaker 1: refer Mark Meadows, the President's former chief of staff, to

610
00:34:52,760 --> 00:34:56,640
Speaker 1: the Department of Justice. Uh, this apparently is not going away.

611
00:34:56,640 --> 00:34:58,799
Speaker 1: He was referring to the debt ceiling vote. By the way,

612
00:34:58,800 --> 00:35:00,960
Speaker 1: when he invoked the name of Donald Trump at that point,

613
00:35:02,680 --> 00:35:04,359
Speaker 1: how much of that is going to play into this

614
00:35:04,520 --> 00:35:08,360
Speaker 1: end result here this year on Capitol Hill. Yeah, I

615
00:35:08,360 --> 00:35:10,319
Speaker 1: would I would have to say that, you know, sort

616
00:35:10,320 --> 00:35:14,040
Speaker 1: of Lindsay's views about Donald Trump have been marked to market, right.

617
00:35:14,160 --> 00:35:17,160
Speaker 1: I mean, like everybody almost just looks the other way

618
00:35:17,200 --> 00:35:20,000
Speaker 1: when he starts talking about Donald Trump. Uh. It is

619
00:35:20,040 --> 00:35:23,040
Speaker 1: a belief that he holds. He believes that Donald Trump

620
00:35:23,120 --> 00:35:27,080
Speaker 1: is is the Republican Party. He's believed that many years

621
00:35:27,080 --> 00:35:29,520
Speaker 1: ago when he first signed on to the Trump wagon.

622
00:35:30,200 --> 00:35:33,600
Speaker 1: Uh and uh and and has has ridden that train

623
00:35:33,840 --> 00:35:38,040
Speaker 1: since since that moment. It really dates back to you know,

624
00:35:38,160 --> 00:35:41,560
Speaker 1: Donald Trump endorsing people in his first year of election, uh,

625
00:35:41,719 --> 00:35:44,239
Speaker 1: in primaries and winning and and Lindsay came to the

626
00:35:44,239 --> 00:35:48,080
Speaker 1: conclusion this guy is the Republican Party. Um. I think

627
00:35:48,080 --> 00:35:50,560
Speaker 1: the Republican Party has a lot more facets than what

628
00:35:50,640 --> 00:35:53,839
Speaker 1: Lindsay probably believes there are. And uh and we're gonna

629
00:35:53,840 --> 00:35:57,080
Speaker 1: see those uh rise up in the course of the night,

630
00:35:58,600 --> 00:36:02,640
Speaker 1: but especially the elections. UM So my view is sure

631
00:36:02,760 --> 00:36:04,680
Speaker 1: the guy has a huge impact. He can raise lots

632
00:36:04,680 --> 00:36:07,040
Speaker 1: of money in his endorsement matters in certain states and

633
00:36:07,040 --> 00:36:10,040
Speaker 1: in certain districts. But the idea that this is the

634
00:36:10,080 --> 00:36:12,560
Speaker 1: future of the Republican Party, I think is a debatable

635
00:36:12,560 --> 00:36:17,239
Speaker 1: notion because one thing he didn't accomplish that George W.

636
00:36:17,440 --> 00:36:20,879
Speaker 1: Bush did and Ronald Reagan did is a second term.

637
00:36:21,040 --> 00:36:23,680
Speaker 1: And frankly, that is a lot more important as we

638
00:36:23,760 --> 00:36:28,799
Speaker 1: debate these topics today than all the political money that

639
00:36:28,920 --> 00:36:32,319
Speaker 1: you can raise, max Depending on what happens tonight here

640
00:36:32,360 --> 00:36:36,200
Speaker 1: we we believe that the committee investigating the January six

641
00:36:36,239 --> 00:36:41,000
Speaker 1: attack will refer Mark Meadows for you know, criminal contempts

642
00:36:41,120 --> 00:36:45,400
Speaker 1: to the Department of Justice. Does that strengthen Donald Trump's hand,

643
00:36:45,680 --> 00:36:48,719
Speaker 1: at least among his base in Washington on Capitol Hill?

644
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Speaker 1: I think anything that allows Donald Trump a chance to

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Speaker 1: insert himself back into the dialogue is a win for him,

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Speaker 1: regardless of how it plays for the GOP or the country.

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Speaker 1: I mean, you see a large number here of senior

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Speaker 1: Republican officials who are being asked to provide information or

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Speaker 1: face jail, and they're eagerly picking jail. That certainly doesn't

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Speaker 1: scream a great public perception for the GOP. But you know,

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Speaker 1: in the Trump calculus, as long as he is in

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Speaker 1: the headline and in the conversation, he's winning, and that's

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Speaker 1: going to be true in two and well. If he

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Speaker 1: had followed that train of thought, I guess we could

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Speaker 1: have had some trouble managing the debt ceiling the way

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Speaker 1: this had all played out with Mitch McConnell, what does

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Speaker 1: it mean for the lastly? Here Rick, the Minority Leader,

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Speaker 1: Mitch McConnell watching this happen from the other side of

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Speaker 1: the capitol. You know, Mitch McConnell has taken a position

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Speaker 1: of not commenting almost throughout the course of the Trump president.

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Speaker 1: Can he keep getting away with certainly? Since then, you know,

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Speaker 1: I think he can get away with it as long

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Speaker 1: as he wants to it. It clearly has been a

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Speaker 1: strategy that worked for him. Absolutely, He's the reason these

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Speaker 1: deals are getting done, and he doesn't it doesn't probably

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Speaker 1: care which way the wind blows with Donald Trump. Rick Davis,

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Speaker 1: Max Burns our panel for this Monday sound on. When

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Speaker 1: we talk again this time tomorrow, lawmakers will be back.

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Speaker 1: We'll have a lot more to add to this conversation,

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Speaker 1: and I'll meet you then. This is Bloomberg