1
00:00:02,680 --> 00:00:07,840
Speaker 1: This is the primal scream of a dying regime. Pray

2
00:00:07,920 --> 00:00:11,360
Speaker 1: for our enemies, because we're going to medieval on these people.

3
00:00:12,560 --> 00:00:15,200
Speaker 1: You've not got a free shot. All these networks lying

4
00:00:15,960 --> 00:00:18,200
Speaker 1: about the people, the people have had a belly full

5
00:00:18,239 --> 00:00:20,319
Speaker 1: of it. I know you don't like hearing that. I

6
00:00:20,360 --> 00:00:21,599
Speaker 1: know you tried to do everything in the world to

7
00:00:21,600 --> 00:00:23,160
Speaker 1: stop that, but you're not going to stop it. It's

8
00:00:23,200 --> 00:00:24,040
Speaker 1: going to happen.

9
00:00:24,160 --> 00:00:26,360
Speaker 2: And where do people like that go to share the

10
00:00:26,400 --> 00:00:27,120
Speaker 2: big line?

11
00:00:27,640 --> 00:00:28,880
Speaker 3: Mega media?

12
00:00:29,040 --> 00:00:32,120
Speaker 1: I wish in my soul, I wish that any of

13
00:00:32,159 --> 00:00:35,920
Speaker 1: these people had a conscience. Ask yourself, what is my

14
00:00:36,120 --> 00:00:39,680
Speaker 1: task and what is my purpose? If that answer is

15
00:00:39,720 --> 00:00:43,000
Speaker 1: to save my country, this country.

16
00:00:42,680 --> 00:00:47,199
Speaker 3: Will be saved. Here's your host, Stephen K.

17
00:00:47,440 --> 00:00:47,640
Speaker 4: Math.

18
00:00:53,520 --> 00:00:56,120
Speaker 1: It's Monday, thirty j Year of a Lord, twenty twenty five.

19
00:00:56,360 --> 00:00:59,000
Speaker 1: Of course, the big beautiful bill is trying to get there,

20
00:00:59,000 --> 00:01:02,560
Speaker 1: trying to move this through the Senate today. Already kind

21
00:01:02,560 --> 00:01:05,280
Speaker 1: of revolt in the house. You got one group of

22
00:01:05,280 --> 00:01:07,720
Speaker 1: people saying, hey, it's cutting too much money, and another

23
00:01:07,800 --> 00:01:10,840
Speaker 1: saying it's not cutting enough. Clearly, the debt ceiling, the

24
00:01:10,880 --> 00:01:13,000
Speaker 1: five train dollars debt ceiling, is in this so that

25
00:01:13,040 --> 00:01:18,880
Speaker 1: gives you some indication of the direction of least of

26
00:01:20,240 --> 00:01:21,640
Speaker 1: some of the debt that we'll run up over the

27
00:01:21,680 --> 00:01:23,440
Speaker 1: next couple of years. We're going to get some details.

28
00:01:23,440 --> 00:01:26,920
Speaker 1: We're trying to get doctor Stephen. He's the chairman of

29
00:01:26,959 --> 00:01:30,600
Speaker 1: the Council of Economic Advisors, with which I would say,

30
00:01:30,600 --> 00:01:36,480
Speaker 1: along with Scott Bessant, the Secretary Treasury, and doctor Hessett

31
00:01:36,959 --> 00:01:41,680
Speaker 1: over at the National Economic Council, that Stephen Myron is

32
00:01:41,720 --> 00:01:46,600
Speaker 1: the third of the top three economic advisors to President Trump.

33
00:01:46,680 --> 00:01:48,800
Speaker 1: I would toss in Peter and Navarre there on trade.

34
00:01:49,040 --> 00:01:51,280
Speaker 1: We're going to get him over do something a little different.

35
00:01:51,320 --> 00:01:53,160
Speaker 1: I think that other shows have done, which I've been

36
00:01:53,280 --> 00:01:57,600
Speaker 1: spending the afternoon talking to certain officials that the CBO,

37
00:01:58,400 --> 00:01:59,960
Speaker 1: and I think it is very important for the audience

38
00:02:00,080 --> 00:02:05,800
Speaker 1: to understand because Elon Musk is out and he's not

39
00:02:05,920 --> 00:02:08,639
Speaker 1: that I told you this was going to happen, but

40
00:02:08,760 --> 00:02:12,480
Speaker 1: he's out lighting up the President and lighting up MAGA

41
00:02:13,200 --> 00:02:17,440
Speaker 1: and claiming this time for a third party, and that

42
00:02:17,480 --> 00:02:19,880
Speaker 1: this is he calls it, I think, in all his maturity,

43
00:02:19,919 --> 00:02:23,280
Speaker 1: the porky pig Bill. He's going on about the spending,

44
00:02:23,320 --> 00:02:26,600
Speaker 1: hammering it, hammering it, and this is what galls me

45
00:02:26,639 --> 00:02:31,160
Speaker 1: about this. This was the guy that told the President

46
00:02:31,240 --> 00:02:34,040
Speaker 1: he was going to get two trillion dollars of waste

47
00:02:34,080 --> 00:02:35,960
Speaker 1: for an abuse because then he backed it off to

48
00:02:36,000 --> 00:02:38,880
Speaker 1: one tree. And this was on an annual basis. This

49
00:02:39,000 --> 00:02:41,160
Speaker 1: wasn't over ten years, this tree and dollars because we

50
00:02:41,200 --> 00:02:43,880
Speaker 1: asked him, made sure the question was asked very specifically,

51
00:02:44,680 --> 00:02:46,920
Speaker 1: and he said it over and over again at trellion dollars.

52
00:02:46,960 --> 00:02:49,520
Speaker 1: And at the end of the day, I don't know, folks.

53
00:02:50,520 --> 00:02:52,079
Speaker 1: I know some of you fanboys said we got a

54
00:02:52,160 --> 00:02:53,840
Speaker 1: hundred sixty, but we haven't seen the hundred and sixty

55
00:02:53,840 --> 00:02:55,480
Speaker 1: bion dollars. What we do is have a nine billion

56
00:02:55,520 --> 00:02:58,800
Speaker 1: dollar decision, and all of that is programmatic. I haven't

57
00:02:58,840 --> 00:03:03,960
Speaker 1: seen any I haven't seen any anything specifically fraud and

58
00:03:04,040 --> 00:03:09,119
Speaker 1: abuse put forward from the beneicgount anywhere. So we're gonna

59
00:03:09,160 --> 00:03:11,440
Speaker 1: take this a little different tack. If you've got CBO

60
00:03:11,840 --> 00:03:16,839
Speaker 1: that has one set of scoring, the the the administration

61
00:03:16,960 --> 00:03:20,440
Speaker 1: has its own set of numbers, has its own financial forecasts.

62
00:03:20,880 --> 00:03:23,960
Speaker 1: It's a little more dynamic. And we've asked doctor Stephen

63
00:03:24,360 --> 00:03:26,280
Speaker 1: Myron to join us. The Chairman of the Council of

64
00:03:26,360 --> 00:03:29,720
Speaker 1: Economic advisors. Doctor Myron, thank you so much for joining

65
00:03:29,800 --> 00:03:32,320
Speaker 1: us today. Just you know, the CBO is running around

66
00:03:32,480 --> 00:03:34,680
Speaker 1: and saying this thing's going to add trains of dollars

67
00:03:34,680 --> 00:03:38,600
Speaker 1: to the debt and bigger deficits. You got Elon Musk

68
00:03:38,680 --> 00:03:42,000
Speaker 1: now has weight in and he's hammering the administration and

69
00:03:42,040 --> 00:03:44,600
Speaker 1: actually calling for a third party. You know, I spent

70
00:03:44,640 --> 00:03:48,760
Speaker 1: the afternoon talking at certain officials in the administration about

71
00:03:48,760 --> 00:03:51,200
Speaker 1: the models you guys are looking at and how you're

72
00:03:51,240 --> 00:03:56,000
Speaker 1: doing dynamic scoring and taking into account that the supply

73
00:03:56,120 --> 00:03:59,000
Speaker 1: side tax cuts nature of this a lot of the business,

74
00:04:00,440 --> 00:04:02,800
Speaker 1: you know, elements you're bringing in on capital equipment. Can

75
00:04:02,840 --> 00:04:06,000
Speaker 1: you just walk the folks too, because the CBOs, I think,

76
00:04:06,080 --> 00:04:09,320
Speaker 1: saying you're gonna have one point eight percent GDP growth

77
00:04:09,680 --> 00:04:13,280
Speaker 1: IMF is a one point seven percent. Can you just

78
00:04:13,400 --> 00:04:16,000
Speaker 1: take a second and walk us through as you guys

79
00:04:16,040 --> 00:04:19,080
Speaker 1: look at it, how this thing rolls out, and what

80
00:04:19,120 --> 00:04:20,919
Speaker 1: do you think the right model people ought to be

81
00:04:20,920 --> 00:04:22,560
Speaker 1: focused on. Sure?

82
00:04:24,279 --> 00:04:26,599
Speaker 5: Sure, sure, So first of all, you know, look, thanks

83
00:04:26,640 --> 00:04:28,360
Speaker 5: for having me. It's great to be here.

84
00:04:29,160 --> 00:04:31,680
Speaker 2: Look, CBO does a really bad job.

85
00:04:31,440 --> 00:04:34,840
Speaker 5: Of incorporating economic growth as a result of tax provisions

86
00:04:34,839 --> 00:04:38,000
Speaker 5: that are strong incentives to increase production, right, And so

87
00:04:38,040 --> 00:04:40,359
Speaker 5: there's a number of incentives in the bill that are

88
00:04:40,400 --> 00:04:44,720
Speaker 5: really important. There's the full expensing on equipment and manufacturing

89
00:04:44,720 --> 00:04:47,440
Speaker 5: in R and D that are in new factories that

90
00:04:47,560 --> 00:04:50,600
Speaker 5: are huge incentives to invest. That means that companies get

91
00:04:50,680 --> 00:04:53,120
Speaker 5: huge tax rate offs if they build a factory. Companies

92
00:04:53,160 --> 00:04:55,160
Speaker 5: get huge tax rate offs if they add more equipment

93
00:04:55,200 --> 00:04:58,520
Speaker 5: to an existing factory. Right, it's really strong investment incentives.

94
00:04:58,560 --> 00:05:00,560
Speaker 5: And of course investment means more job, It means more

95
00:05:00,560 --> 00:05:03,280
Speaker 5: economic activity, it means more productive facity, it means more

96
00:05:03,279 --> 00:05:06,320
Speaker 5: manufacturing and national security as well, and that's super important.

97
00:05:06,360 --> 00:05:06,600
Speaker 2: Right.

98
00:05:06,800 --> 00:05:09,719
Speaker 5: There's also very strong incentives for more labor supply, things

99
00:05:09,760 --> 00:05:13,000
Speaker 5: like no taxes on tips or overtime tax benefits for seniors.

100
00:05:13,080 --> 00:05:15,919
Speaker 2: Right. These are very very what economists would.

101
00:05:15,720 --> 00:05:18,240
Speaker 5: Call elastic, but you should just think of as responsive

102
00:05:18,600 --> 00:05:21,240
Speaker 5: segments of the labor supply. These are folks that already

103
00:05:21,240 --> 00:05:25,080
Speaker 5: respond very well to increased economic incentives to work, and

104
00:05:25,200 --> 00:05:28,520
Speaker 5: providing tax benefits just increase their willingness to work, and

105
00:05:28,600 --> 00:05:30,320
Speaker 5: so that increases labor supply, which.

106
00:05:30,120 --> 00:05:31,279
Speaker 2: Again boosts the economy.

107
00:05:31,600 --> 00:05:34,160
Speaker 5: Better economic growth means more revenue because it means more

108
00:05:34,160 --> 00:05:34,600
Speaker 5: income that.

109
00:05:34,560 --> 00:05:36,080
Speaker 2: Gets taxed now.

110
00:05:36,320 --> 00:05:39,680
Speaker 5: In President Trump's first term, GDP growth was two point

111
00:05:39,760 --> 00:05:42,760
Speaker 5: eight percent until the pandemic, and of course it's difficult

112
00:05:42,800 --> 00:05:44,360
Speaker 5: to blame tax policy for the pandemic.

113
00:05:44,400 --> 00:05:45,560
Speaker 2: But two point eight percent.

114
00:05:45,320 --> 00:05:48,039
Speaker 5: GDP growth what we've got from the similar set of

115
00:05:48,040 --> 00:05:50,760
Speaker 5: policies also works out to about two point eight percent

116
00:05:50,800 --> 00:05:53,479
Speaker 5: GDP growth over the course of a decade. That alone

117
00:05:53,560 --> 00:05:56,800
Speaker 5: brings in four trillion dollars of additional revenue from better

118
00:05:56,839 --> 00:05:59,560
Speaker 5: economic growth due to this full suite, full suite of

119
00:05:59,560 --> 00:06:02,240
Speaker 5: economic policies, including the tax incentives and the One Big

120
00:06:02,240 --> 00:06:05,880
Speaker 5: Beautiful Bill, but also huge amounts of deregulation, cutting red

121
00:06:05,920 --> 00:06:08,360
Speaker 5: tapes that companies can invest in higher when they want

122
00:06:08,400 --> 00:06:11,679
Speaker 5: instead of begging Washington for permission spending years begging Washington.

123
00:06:12,000 --> 00:06:14,839
Speaker 5: And also the presence of energy abundance policies that lower

124
00:06:14,880 --> 00:06:17,560
Speaker 5: gas prices put more money in consumers pockets every month,

125
00:06:17,800 --> 00:06:22,159
Speaker 5: and also create better ability to reshore manufacturing, better ability

126
00:06:22,200 --> 00:06:25,080
Speaker 5: to build factories in manufacturing United States because energy goes

127
00:06:25,080 --> 00:06:25,640
Speaker 5: into everything.

128
00:06:29,960 --> 00:06:31,680
Speaker 1: Let's go back. I want to go back to the

129
00:06:31,760 --> 00:06:35,360
Speaker 1: restoring for a second. We see every day another announcement

130
00:06:35,480 --> 00:06:38,920
Speaker 1: of you know, five hundred million dollars here, fifty billion

131
00:06:39,000 --> 00:06:41,520
Speaker 1: dollars there trading dollars, and I'm taking out the sovereign

132
00:06:41,520 --> 00:06:45,400
Speaker 1: wealth funds. I mean companies that are publicly reporting, that

133
00:06:45,480 --> 00:06:50,520
Speaker 1: have made very specific announcements about capital, that they're capital equipment,

134
00:06:50,520 --> 00:06:52,919
Speaker 1: they're building new plants, they're building, how they're restoring. I

135
00:06:52,960 --> 00:06:55,280
Speaker 1: think in Kentucky over the weekend, I think it was

136
00:06:55,360 --> 00:06:59,359
Speaker 1: ge bringing washing machines back refrigerators. But every day it

137
00:06:59,400 --> 00:07:02,800
Speaker 1: seems like you have another announcements that all been factored

138
00:07:02,800 --> 00:07:06,719
Speaker 1: in the growth that's going to come from just either

139
00:07:06,960 --> 00:07:13,200
Speaker 1: lower energy, deregulation, tariffs, whatever that ends up being. Companies

140
00:07:13,640 --> 00:07:15,640
Speaker 1: just want to be inside in the golden door and

141
00:07:15,680 --> 00:07:17,280
Speaker 1: now have to deal with the tariffs. Is that how

142
00:07:17,320 --> 00:07:19,160
Speaker 1: you get to the two point eight percent or could

143
00:07:19,160 --> 00:07:21,480
Speaker 1: that be potential even more upside?

144
00:07:23,520 --> 00:07:25,560
Speaker 5: Well, look, it's definitely part of it, So we didn't

145
00:07:25,600 --> 00:07:28,000
Speaker 5: go in and count every single deal is part of

146
00:07:28,040 --> 00:07:30,680
Speaker 5: those numbers. But the present suite of policies aim to

147
00:07:30,680 --> 00:07:33,000
Speaker 5: make America the best place on earth to do business,

148
00:07:33,120 --> 00:07:36,040
Speaker 5: so that anyone opening a factory, opening a new site,

149
00:07:36,120 --> 00:07:38,480
Speaker 5: hiring workers as America is the obvious place to do it,

150
00:07:38,760 --> 00:07:40,200
Speaker 5: not China, not somewhere else.

151
00:07:40,240 --> 00:07:41,720
Speaker 2: America is the place to do business.

152
00:07:41,840 --> 00:07:44,080
Speaker 5: And all that does is boost the GDP growth, which

153
00:07:44,120 --> 00:07:46,800
Speaker 5: helps bring in revenues. And that comes from tax incentives

154
00:07:46,800 --> 00:07:48,600
Speaker 5: that we were just discussing a moment ago. You need

155
00:07:48,640 --> 00:07:51,240
Speaker 5: tax incentives to create to create an environment people want

156
00:07:51,240 --> 00:07:53,440
Speaker 5: to invest here. It comes from cutting red tape. It

157
00:07:53,440 --> 00:07:55,880
Speaker 5: comes from cutting regulations that to term business. You know,

158
00:07:55,920 --> 00:07:57,480
Speaker 5: you may have a situation in which somebody wants to

159
00:07:57,520 --> 00:08:00,320
Speaker 5: build a factory and you know, build something like jet

160
00:08:00,400 --> 00:08:02,360
Speaker 5: engines or something, but they can't do it because somebody

161
00:08:02,360 --> 00:08:03,560
Speaker 5: finds a snail, right.

162
00:08:03,640 --> 00:08:05,320
Speaker 2: You know, we want to prevent that from happening so

163
00:08:05,360 --> 00:08:06,040
Speaker 2: that people can.

164
00:08:05,920 --> 00:08:10,240
Speaker 5: Actually build the factories to increase production capacity here as

165
00:08:10,240 --> 00:08:11,200
Speaker 5: opposed to elsewhere.

166
00:08:11,440 --> 00:08:13,040
Speaker 2: And it comes from energy abundance.

167
00:08:13,080 --> 00:08:15,320
Speaker 5: It comes from all those things that boosts the economy,

168
00:08:15,440 --> 00:08:18,400
Speaker 5: that boosts growth, that boosts revenues. But we're not getting

169
00:08:18,400 --> 00:08:21,280
Speaker 5: revenues just from better growth alone. There's an additional one

170
00:08:21,320 --> 00:08:24,119
Speaker 5: and a half trillion dollars of discretionary reductions and waste,

171
00:08:24,120 --> 00:08:25,920
Speaker 5: fraud and abuse that the government will be doing.

172
00:08:25,960 --> 00:08:27,120
Speaker 2: The adminstration will be doing that.

173
00:08:27,120 --> 00:08:29,640
Speaker 5: The Office of Management and Budget made public a few

174
00:08:29,640 --> 00:08:32,880
Speaker 5: weeks ago and there's an additional three trillion dollars of

175
00:08:32,920 --> 00:08:36,360
Speaker 5: revenue from tariffs. The idea of taxing foreigners to cut

176
00:08:36,400 --> 00:08:38,760
Speaker 5: taxes on Americans seems like a no brainer to me.

177
00:08:38,760 --> 00:08:40,600
Speaker 5: I can't believe it. It took this long for us

178
00:08:40,640 --> 00:08:42,920
Speaker 5: to figure it out. But that's what President Trump's policy is,

179
00:08:42,960 --> 00:08:45,199
Speaker 5: and he knows it's the right policy. And then, finally,

180
00:08:45,200 --> 00:08:47,520
Speaker 5: because we're borrowing all this less stuff from the deficit

181
00:08:47,600 --> 00:08:52,160
Speaker 5: reduction from growth from tariffs, from deregulation, from cuts to

182
00:08:52,200 --> 00:08:54,760
Speaker 5: wastefron abuse, that means you've got less interest to pay too,

183
00:08:54,800 --> 00:08:56,800
Speaker 5: and that's additional one and a half trillion.

184
00:08:56,440 --> 00:08:58,000
Speaker 2: Dollars of lower interest expenses.

185
00:08:58,360 --> 00:09:00,319
Speaker 5: So you add all this up, it comes to about

186
00:09:00,320 --> 00:09:03,000
Speaker 5: eight and a half to eleven trillion dollars of deficit

187
00:09:03,040 --> 00:09:06,640
Speaker 5: reduction relative to you know, relative to where things would

188
00:09:06,640 --> 00:09:09,160
Speaker 5: be if we had the big taxi as in the

189
00:09:09,200 --> 00:09:10,439
Speaker 5: CBO baseline.

190
00:09:12,600 --> 00:09:14,080
Speaker 1: So this is what I want to come. By the way,

191
00:09:14,160 --> 00:09:15,800
Speaker 1: let's go back to the tariffs. For second, I have

192
00:09:15,840 --> 00:09:18,720
Speaker 1: been calculating four hundred by in a year off of numbers.

193
00:09:18,760 --> 00:09:20,880
Speaker 1: You're saying, even, hey, you'll even take a cut that

194
00:09:20,920 --> 00:09:22,480
Speaker 1: three hundred bi and a year over ten years three

195
00:09:22,520 --> 00:09:25,160
Speaker 1: trillion dollars additionally tariffs, and it looks like you're going

196
00:09:25,200 --> 00:09:27,000
Speaker 1: to blow through that number in the first year, right,

197
00:09:27,120 --> 00:09:30,040
Speaker 1: just to make just to show people, hey, they're not

198
00:09:30,040 --> 00:09:32,040
Speaker 1: thrown up pye in the sky numbers. They're already going

199
00:09:32,080 --> 00:09:34,720
Speaker 1: to hit this number or beyond in the in the

200
00:09:34,800 --> 00:09:36,680
Speaker 1: first fiscal year. Correct.

201
00:09:38,679 --> 00:09:41,040
Speaker 5: Oh, absolutely, there's ten tens and trillions of dollars of

202
00:09:41,160 --> 00:09:43,920
Speaker 5: any coming in from tariffs every month already, and that

203
00:09:44,000 --> 00:09:46,319
Speaker 5: number is only going to go higher as as month

204
00:09:46,360 --> 00:09:48,400
Speaker 5: to month volatility. Smith's out and we settled into the

205
00:09:48,440 --> 00:09:50,960
Speaker 5: new reality of tariffs. But yeah, we've got about three

206
00:09:51,040 --> 00:09:53,120
Speaker 5: trillion dollars over ten years, or as you point out,

207
00:09:53,120 --> 00:09:54,960
Speaker 5: about three hundred billion dollars per year.

208
00:09:55,600 --> 00:09:57,600
Speaker 2: But of course, you know, rates could change. We're coming

209
00:09:57,679 --> 00:09:59,120
Speaker 2: up on this July ninth deadline.

210
00:09:59,440 --> 00:10:01,679
Speaker 5: And you know, there's a lot of countries that are

211
00:10:01,760 --> 00:10:04,079
Speaker 5: i think, doing a really good job of negotiating and

212
00:10:04,200 --> 00:10:06,520
Speaker 5: doing a really good job that making the concessions they

213
00:10:06,600 --> 00:10:08,280
Speaker 5: need for the President to keep their teriff for each

214
00:10:08,320 --> 00:10:10,839
Speaker 5: relatively low. But there are other countries that are proving

215
00:10:10,880 --> 00:10:13,200
Speaker 5: to be a bit intransigent and not really moving forward.

216
00:10:13,600 --> 00:10:16,040
Speaker 5: And you know, for those countries. You know, it wouldn't

217
00:10:16,040 --> 00:10:17,960
Speaker 5: be surprising to me if teriffor it snapped back up.

218
00:10:18,080 --> 00:10:21,240
Speaker 5: So there's upside risk for sure to the teriff revenue

219
00:10:21,320 --> 00:10:22,160
Speaker 5: number I gave you before.

220
00:10:25,240 --> 00:10:27,200
Speaker 1: I just want to make sure everybody else. So the CBO,

221
00:10:27,240 --> 00:10:29,760
Speaker 1: if you take the CBO score, which is not dynamic,

222
00:10:29,840 --> 00:10:32,920
Speaker 1: but more than that, it also doesn't add everything up,

223
00:10:32,960 --> 00:10:36,280
Speaker 1: you're going they're at a negative three trade in you're

224
00:10:36,360 --> 00:10:39,160
Speaker 1: actually saying the reverse. You're you're kind of a positive

225
00:10:39,240 --> 00:10:41,599
Speaker 1: eight and a half to eleven in deficit reduction. So

226
00:10:41,720 --> 00:10:45,280
Speaker 1: the spread is anywhere from ten to eleven to fourteen trade.

227
00:10:45,360 --> 00:10:48,839
Speaker 1: I mean there's a big spread here. How the two

228
00:10:48,920 --> 00:10:52,120
Speaker 1: institutions look at it? Right, CBO, which has a history

229
00:10:52,280 --> 00:10:56,559
Speaker 1: of miscalculation, and you guys which are putting this together, say, hey,

230
00:10:56,600 --> 00:10:59,160
Speaker 1: here's a real snapshot. What does this going to look

231
00:10:59,240 --> 00:11:01,760
Speaker 1: like given the con urchins of all our policies? Correct?

232
00:11:04,160 --> 00:11:06,800
Speaker 2: Uh, it's yes, but not exactly right.

233
00:11:06,920 --> 00:11:08,679
Speaker 5: So so so I gave the eight and a half

234
00:11:08,720 --> 00:11:11,480
Speaker 5: and two eleven trillion dollars relative to the.

235
00:11:11,559 --> 00:11:12,599
Speaker 2: Tax like baseline.

236
00:11:12,920 --> 00:11:15,440
Speaker 5: But if you uh, if but you know the bill

237
00:11:15,600 --> 00:11:18,200
Speaker 5: that you know, but the the the bill itself, uh

238
00:11:18,320 --> 00:11:20,640
Speaker 5: in the in the CBO scoring costs about three and

239
00:11:20,679 --> 00:11:23,760
Speaker 5: a half trillion dollars. So the spread is three and

240
00:11:23,800 --> 00:11:25,920
Speaker 5: a half. Uh, you would subtract three and a half

241
00:11:25,920 --> 00:11:27,520
Speaker 5: from the eight and a half to eleven numbers that

242
00:11:27,559 --> 00:11:29,400
Speaker 5: I gave you, and it's for the spread of the

243
00:11:29,480 --> 00:11:31,680
Speaker 5: difference between US and CBO is going to be about

244
00:11:31,760 --> 00:11:35,120
Speaker 5: five to five to to to eight and a half

245
00:11:35,240 --> 00:11:35,560
Speaker 5: or something.

246
00:11:36,200 --> 00:11:37,679
Speaker 2: So this the spread is less wide.

247
00:11:37,760 --> 00:11:38,280
Speaker 1: That's that's.

248
00:11:38,920 --> 00:11:40,360
Speaker 2: But other than that, yeah, yeah.

249
00:11:40,400 --> 00:11:44,679
Speaker 1: Yeah, but it's a big but it's a significant it's

250
00:11:44,720 --> 00:11:48,040
Speaker 1: a significant spread. It's one group's going to be right

251
00:11:48,080 --> 00:11:49,599
Speaker 1: here and one group is going to be wrong. That

252
00:11:49,880 --> 00:11:52,679
Speaker 1: that's that's you can't deny. I mean, you're you guys

253
00:11:52,760 --> 00:11:54,920
Speaker 1: add everything up, which is large or these are all

254
00:11:54,960 --> 00:11:57,760
Speaker 1: the activities, these are all the things you're working on

255
00:11:57,840 --> 00:12:00,600
Speaker 1: that are coming. They're they're real, they're happening right now.

256
00:12:01,280 --> 00:12:03,520
Speaker 1: CBO kind of has a very static way to look

257
00:12:03,559 --> 00:12:06,640
Speaker 1: at this. Correct they do.

258
00:12:06,800 --> 00:12:08,480
Speaker 5: And let me let me just give an example to

259
00:12:08,559 --> 00:12:10,920
Speaker 5: make it really obvious to everyone listening, which is that

260
00:12:11,200 --> 00:12:13,679
Speaker 5: if there's so there's an incentive in this bill, the

261
00:12:14,120 --> 00:12:16,719
Speaker 5: full expensing on new factories. So if I build a

262
00:12:16,760 --> 00:12:20,439
Speaker 5: new factory. It's completely tax deductible immediately. Right, So that's

263
00:12:20,480 --> 00:12:24,240
Speaker 5: a very very powerful and profound incentive, tax incentive from

264
00:12:24,240 --> 00:12:26,280
Speaker 5: the government to get me to build a new factory.

265
00:12:26,400 --> 00:12:26,520
Speaker 2: Right.

266
00:12:27,280 --> 00:12:30,040
Speaker 5: Obviously there's going to be more new factories result of that. Right,

267
00:12:30,400 --> 00:12:33,200
Speaker 5: as the government gives away money to people to build factories,

268
00:12:33,240 --> 00:12:34,800
Speaker 5: you will get more factories.

269
00:12:35,520 --> 00:12:35,920
Speaker 2: CBO.

270
00:12:36,240 --> 00:12:39,240
Speaker 5: You know, in those more factories means more investment, more

271
00:12:39,520 --> 00:12:44,080
Speaker 5: more economic activity, more income, More income means more tax revenue. Right,

272
00:12:44,800 --> 00:12:48,520
Speaker 5: CBO doesn't account for those increased incomes and those increased

273
00:12:48,559 --> 00:12:50,200
Speaker 5: tax revenue that come from the fact that people are

274
00:12:50,240 --> 00:12:52,520
Speaker 5: building more factories than they would without this incentive.

275
00:12:54,840 --> 00:12:58,120
Speaker 1: And either way people you know, yeah go ahead.

276
00:12:58,160 --> 00:13:03,559
Speaker 2: Yeah no, I was gonna say, I think if yeah.

277
00:13:05,320 --> 00:13:06,000
Speaker 1: Go ahead, a.

278
00:13:06,040 --> 00:13:08,800
Speaker 5: Great track recrun on this revenue revenues is a share

279
00:13:08,840 --> 00:13:11,559
Speaker 5: of the economy before the Tax Cuts and Jobs Act,

280
00:13:11,559 --> 00:13:13,959
Speaker 5: before the twenty seventeen tax cut that everyone said was

281
00:13:14,000 --> 00:13:15,880
Speaker 5: going to blow such a big hole in the deficit, right,

282
00:13:16,120 --> 00:13:18,480
Speaker 5: such a big hole in the national budget. Seventeen point

283
00:13:18,520 --> 00:13:21,400
Speaker 5: one percent of GDP was revenues before the Tax Cuts

284
00:13:21,440 --> 00:13:24,560
Speaker 5: and Jobs Act. Still seventeen point one percent of GDP,

285
00:13:24,960 --> 00:13:27,200
Speaker 5: So there is no long term hole as a result

286
00:13:27,240 --> 00:13:29,959
Speaker 5: of the tax cuts are twenty seventeen there, you know,

287
00:13:30,120 --> 00:13:32,600
Speaker 5: in corporate tax revenue went from one point six percent

288
00:13:32,600 --> 00:13:34,760
Speaker 5: of GDP to one point eight percent of GDP. So

289
00:13:34,880 --> 00:13:37,439
Speaker 5: we cut corporate tax rates and yet corporate revenue grew

290
00:13:37,559 --> 00:13:39,280
Speaker 5: is a share of the economy. So we've got a

291
00:13:39,320 --> 00:13:40,520
Speaker 5: fantastic track record in this.

292
00:13:42,800 --> 00:13:45,320
Speaker 1: Now, the fourth quarter I think of twenty nineteen actually

293
00:13:45,920 --> 00:13:48,480
Speaker 1: got to three point three percent, he averaged two point average,

294
00:13:48,520 --> 00:13:51,960
Speaker 1: got to three point three doctor Marin? Where can people go? Myron?

295
00:13:52,200 --> 00:13:53,880
Speaker 1: Where can people go to find out more about this?

296
00:13:54,000 --> 00:13:56,199
Speaker 1: Your social media? Do you have a website? I want

297
00:13:56,200 --> 00:13:58,520
Speaker 1: people to get fully up to speed on what reality is.

298
00:14:01,080 --> 00:14:04,120
Speaker 5: Sure, So we've got the research paper on our website

299
00:14:04,120 --> 00:14:06,760
Speaker 5: as well as a chart book about the deficit. It's

300
00:14:06,840 --> 00:14:10,160
Speaker 5: the Council of Economic Advisor's page on the White House website.

301
00:14:10,200 --> 00:14:12,120
Speaker 5: You can just search on the internet for for White

302
00:14:12,160 --> 00:14:16,760
Speaker 5: House CEA. I I've also got a you know, we've

303
00:14:16,760 --> 00:14:19,040
Speaker 5: got a We've got a Twitter handle, sorry, an X

304
00:14:19,120 --> 00:14:20,600
Speaker 5: handle at CEA forty seven.

305
00:14:21,320 --> 00:14:24,480
Speaker 2: I'm also at Steve Myron. But yeah, you'll you'll be

306
00:14:24,560 --> 00:14:25,280
Speaker 2: hearing more from.

307
00:14:25,200 --> 00:14:30,080
Speaker 1: Us, doctor Yes, go on offense you guys have a

308
00:14:30,120 --> 00:14:32,480
Speaker 1: great story to tell. Let's tell it. We're here at

309
00:14:32,520 --> 00:14:35,320
Speaker 1: the War Room to be your platform. Love it, absolutely

310
00:14:35,360 --> 00:14:37,680
Speaker 1: love it. Thank you so much for joining us today.

311
00:14:39,760 --> 00:14:40,440
Speaker 2: Thanks for having me.

312
00:14:42,480 --> 00:14:45,080
Speaker 1: President Trump's guest. Some pretty smart guys working for him.

313
00:14:46,040 --> 00:14:49,760
Speaker 1: My Roun's one of them. Short commercial break, We're gonna

314
00:14:49,800 --> 00:14:55,040
Speaker 1: be back talking about the big, beautiful bill that's engulfing

315
00:14:55,360 --> 00:14:56,120
Speaker 1: Washington right now.

316
00:14:56,280 --> 00:15:02,760
Speaker 3: Next America, here's your host, Stephen k Man.

317
00:15:06,160 --> 00:15:08,920
Speaker 1: Okay, In breaking news, the Senate just failed to remove

318
00:15:09,000 --> 00:15:12,400
Speaker 1: illegal aliens for Medicaid programs because the parliamentarian changed the

319
00:15:12,480 --> 00:15:15,520
Speaker 1: vote requirement to sixty votes from fifty one. She said

320
00:15:15,520 --> 00:15:19,760
Speaker 1: it basically couldn't go into a straight reconciliation. You're seeing

321
00:15:19,800 --> 00:15:23,800
Speaker 1: this happen a lot on various things. I think planned parenthood.

322
00:15:23,920 --> 00:15:26,720
Speaker 1: The defunding is only for a year, not for ten years.

323
00:15:27,560 --> 00:15:30,680
Speaker 1: Caroline Wren, I thank you for taking time. I know

324
00:15:30,720 --> 00:15:32,600
Speaker 1: you had other things planned, but for jumping in here

325
00:15:33,120 --> 00:15:35,160
Speaker 1: just on the voter rama. It's still going on, but

326
00:15:35,280 --> 00:15:37,560
Speaker 1: they're you know, you've got guys like Tony Perk and

327
00:15:37,600 --> 00:15:39,680
Speaker 1: I'm not talking about Elon Moss. Elon Muss is just

328
00:15:39,760 --> 00:15:43,360
Speaker 1: coming out to attack. This is his vengeance on the president, right,

329
00:15:43,480 --> 00:15:45,920
Speaker 1: calling once again calling for a third party. This is

330
00:15:46,000 --> 00:15:50,320
Speaker 1: after he tried to you know, slide back in there

331
00:15:50,400 --> 00:15:52,640
Speaker 1: and say he was sorry and you know, wanted to

332
00:15:52,680 --> 00:15:54,640
Speaker 1: be the president's friend again. Now he's calling for a

333
00:15:54,720 --> 00:15:58,440
Speaker 1: third party, a new party. He's just land blasting this

334
00:15:58,600 --> 00:16:01,960
Speaker 1: bill with a blunderbuss, right, not even looking at it

335
00:16:02,040 --> 00:16:05,160
Speaker 1: in a sophisticated manner. And there's and don't get me wrong,

336
00:16:05,200 --> 00:16:07,120
Speaker 1: I have big issues with the lots in this bill,

337
00:16:07,640 --> 00:16:09,640
Speaker 1: but then you have things like the parliament you got

338
00:16:09,800 --> 00:16:13,000
Speaker 1: Tony Perkins and others is saying, hey, look we've been

339
00:16:13,040 --> 00:16:14,600
Speaker 1: working on this. We think you get to the House,

340
00:16:15,000 --> 00:16:16,960
Speaker 1: but you just can't do a one year cut on

341
00:16:17,120 --> 00:16:19,080
Speaker 1: planned parenthood. The whole thing's got to go. That's what

342
00:16:19,160 --> 00:16:21,680
Speaker 1: we voted for. And now you see kind of just

343
00:16:21,800 --> 00:16:25,880
Speaker 1: out of nowhere, you got there's the parliamentarian makes a decision.

344
00:16:26,280 --> 00:16:27,800
Speaker 1: It can't go and for the it can't go for

345
00:16:27,880 --> 00:16:30,760
Speaker 1: the fifty one, you know, just the majority, the majority vote.

346
00:16:30,920 --> 00:16:32,760
Speaker 1: It has to get the sixty, which is really break

347
00:16:32,800 --> 00:16:34,160
Speaker 1: a fill of bus of which you're never going to

348
00:16:34,240 --> 00:16:37,360
Speaker 1: do on the ille aliens, Medicaid. And that's there was

349
00:16:37,400 --> 00:16:38,960
Speaker 1: the whole thing off, because that's one of the biggest

350
00:16:39,000 --> 00:16:42,480
Speaker 1: cuts for Medicaid and that's one that virtually all the

351
00:16:42,560 --> 00:16:44,640
Speaker 1: Republicans back. So can you give us a sense in

352
00:16:44,680 --> 00:16:47,880
Speaker 1: the Senate first, where do you think this thing stands?

353
00:16:47,920 --> 00:16:50,800
Speaker 1: I understand there's deal making going on and Thune's got

354
00:16:50,880 --> 00:16:53,880
Speaker 1: to look I don't you know, Thune's got a very

355
00:16:53,920 --> 00:16:56,560
Speaker 1: tough job trying to wrangle all these folks. Give us

356
00:16:56,560 --> 00:16:59,080
Speaker 1: your sense of on the Senate side of where we stand.

357
00:17:00,480 --> 00:17:03,720
Speaker 6: Is it incredible how they could pass Obamacare through reconciliation,

358
00:17:03,880 --> 00:17:06,280
Speaker 6: but for some reason we cannot roll back any of

359
00:17:06,400 --> 00:17:10,520
Speaker 6: the you know, provisions that made into Obamacare through reconciliation.

360
00:17:10,640 --> 00:17:13,119
Speaker 6: The parliamentarian strikes it out like That's why people are

361
00:17:13,119 --> 00:17:16,119
Speaker 6: frustrated with this parliamentarian is because it is just so

362
00:17:16,920 --> 00:17:19,320
Speaker 6: duplicative what they are, what they're, what she's doing, and

363
00:17:19,400 --> 00:17:22,000
Speaker 6: so it's extremely frustrating to watch. There's no way the

364
00:17:22,080 --> 00:17:24,440
Speaker 6: House is going to vote on a bill that includes

365
00:17:25,440 --> 00:17:28,959
Speaker 6: includes funding illegal aliens healthcare. I'm telling you that right now,

366
00:17:29,040 --> 00:17:31,440
Speaker 6: and so there that is definitely going to be something

367
00:17:31,480 --> 00:17:33,199
Speaker 6: that's going to stall this Senate bill a little bit.

368
00:17:33,280 --> 00:17:35,200
Speaker 6: They do have some more time they were, i think,

369
00:17:35,240 --> 00:17:38,280
Speaker 6: hoping to have the final passage today, but due to

370
00:17:38,359 --> 00:17:40,320
Speaker 6: some members being on codels and different things on the

371
00:17:40,400 --> 00:17:42,359
Speaker 6: House side, I think it's there's no way really to

372
00:17:42,440 --> 00:17:44,399
Speaker 6: vote on this in the House side until Wednesday. But

373
00:17:44,880 --> 00:17:47,399
Speaker 6: it's certainly an imperfect bill. In fact, the House Freedom

374
00:17:47,440 --> 00:17:49,440
Speaker 6: Caucus just came out and said that the Senate version

375
00:17:49,480 --> 00:17:51,960
Speaker 6: adds six hundred and fifty one billion to the deficit.

376
00:17:52,359 --> 00:17:54,399
Speaker 6: Y'all promise us it wouldn't anything to the deficit, and

377
00:17:54,480 --> 00:17:57,560
Speaker 6: that was before special interest costs, which nearly double that total.

378
00:17:58,000 --> 00:18:01,320
Speaker 6: So you know, I've talked a lot with Carressman Andy Harris,

379
00:18:01,359 --> 00:18:03,359
Speaker 6: the head of the Freedom Caucus, who's been incredible, But

380
00:18:03,720 --> 00:18:05,919
Speaker 6: the Senate bill that they're currently voting on right now

381
00:18:06,040 --> 00:18:07,840
Speaker 6: is not going to be acceptable for the House. There's

382
00:18:07,880 --> 00:18:09,440
Speaker 6: no possible way to get it through, so they will

383
00:18:09,520 --> 00:18:11,200
Speaker 6: have to make changes once it goes back over to

384
00:18:11,280 --> 00:18:14,480
Speaker 6: the House side. But more importantly, I mean, I'm hoping

385
00:18:14,520 --> 00:18:18,280
Speaker 6: that this bill gets done and over quickly, quite frankly,

386
00:18:18,359 --> 00:18:21,000
Speaker 6: because you know, having campaigned as hard as we did,

387
00:18:21,160 --> 00:18:23,960
Speaker 6: especially with you, Steve, as populist, we have to realize

388
00:18:23,960 --> 00:18:26,439
Speaker 6: that we've spent the past few months promoting a new

389
00:18:26,520 --> 00:18:28,800
Speaker 6: war in the Middle East and talking about cutting medicaid,

390
00:18:29,160 --> 00:18:33,159
Speaker 6: and these are not successful things with These are not

391
00:18:33,280 --> 00:18:35,240
Speaker 6: things that I know the MAGA base wants us to

392
00:18:35,320 --> 00:18:36,160
Speaker 6: be talking about.

393
00:18:36,040 --> 00:18:36,560
Speaker 2: Or focused on.

394
00:18:36,640 --> 00:18:39,120
Speaker 6: In fact, the only successful bill I've seen get through

395
00:18:39,200 --> 00:18:41,520
Speaker 6: with some sort of crypto bill another like carve out

396
00:18:41,640 --> 00:18:45,200
Speaker 6: for the tech industry here. So I hope that the

397
00:18:45,280 --> 00:18:47,440
Speaker 6: House will make the changes and we can get this done,

398
00:18:47,480 --> 00:18:49,239
Speaker 6: because if I were the Democrats, there is a lot

399
00:18:49,280 --> 00:18:50,919
Speaker 6: of messaging I can do against us right now.

400
00:18:53,920 --> 00:18:57,000
Speaker 1: Well, but if the bill passes and it's in its form,

401
00:18:57,560 --> 00:18:59,239
Speaker 1: I mean, you saw what happened, and people should take

402
00:18:59,280 --> 00:19:01,760
Speaker 1: New York City. And I'm not talking about his radical

403
00:19:02,119 --> 00:19:06,720
Speaker 1: his radical solutions, but the ground game he put together

404
00:19:06,760 --> 00:19:08,840
Speaker 1: and how he got to low information voters. You've got

405
00:19:08,880 --> 00:19:11,800
Speaker 1: to take that into consideration when when you do this.

406
00:19:11,920 --> 00:19:14,600
Speaker 1: I mean, this guy, there's some terrible messaging here. Look,

407
00:19:14,720 --> 00:19:16,600
Speaker 1: I've been an advocate from day one, and the reason

408
00:19:16,720 --> 00:19:20,119
Speaker 1: I don't like this bill, although I support the President

409
00:19:20,200 --> 00:19:22,520
Speaker 1: trying to get it done, is it should raise taxes

410
00:19:22,640 --> 00:19:24,879
Speaker 1: on the upper bracket. That's one of the ways that

411
00:19:24,960 --> 00:19:28,560
Speaker 1: we can get the math to work better. And of

412
00:19:28,640 --> 00:19:32,240
Speaker 1: course the Republican Party. Parts of that are just absolutely

413
00:19:32,800 --> 00:19:36,240
Speaker 1: you know, opposed that. So when you say pass it,

414
00:19:36,680 --> 00:19:39,440
Speaker 1: I mean it has to have a balance between like

415
00:19:39,560 --> 00:19:42,160
Speaker 1: for instance, in the old cutting medicaid with the meat axe,

416
00:19:42,200 --> 00:19:44,320
Speaker 1: we can't do anymore for the simple reason that so

417
00:19:44,440 --> 00:19:47,119
Speaker 1: many jobs have been shifted overseas, so few people have

418
00:19:48,160 --> 00:19:50,760
Speaker 1: medical insurance, so few companies are paying for it or

419
00:19:50,800 --> 00:19:54,399
Speaker 1: even paying decent salaries, that there's a lot of maga

420
00:19:54,520 --> 00:19:58,240
Speaker 1: on Medicaid. At the same time, you've got to take

421
00:19:58,280 --> 00:20:01,520
Speaker 1: you illegal aliens off one hundred and the able body

422
00:20:01,800 --> 00:20:03,840
Speaker 1: have to work, and I don't think if it's in

423
00:20:03,920 --> 00:20:08,000
Speaker 1: there a bedcheck once every six months is enough. I

424
00:20:08,080 --> 00:20:09,879
Speaker 1: think it's got to be much more frequently that And

425
00:20:09,960 --> 00:20:11,639
Speaker 1: if they can't make the bed check, they got to

426
00:20:11,720 --> 00:20:15,920
Speaker 1: you know, there's not a problem with working people, able

427
00:20:15,960 --> 00:20:20,360
Speaker 1: body people having you know, having medicaid, But if you're

428
00:20:20,600 --> 00:20:22,119
Speaker 1: you know, you don't have a job, you're not searching

429
00:20:22,160 --> 00:20:24,000
Speaker 1: for a job, you're not doing community work, you're not

430
00:20:24,119 --> 00:20:27,000
Speaker 1: going to college, you know, you got to check that frequently.

431
00:20:27,080 --> 00:20:28,399
Speaker 1: If they're not going to do that, they got to

432
00:20:28,480 --> 00:20:30,240
Speaker 1: drop off the rolls. Those types of things that I

433
00:20:30,280 --> 00:20:32,119
Speaker 1: think have to be in there, right, you have to

434
00:20:32,200 --> 00:20:34,600
Speaker 1: take care of the Royal hospital, rural hospitals. I believe

435
00:20:35,040 --> 00:20:38,040
Speaker 1: although Tom Tillis also has some of the Tillius guys

436
00:20:38,640 --> 00:20:42,159
Speaker 1: and Rand Paul also have makes sense in some of

437
00:20:42,200 --> 00:20:44,280
Speaker 1: their sayings. So this thing's I think needs to be

438
00:20:44,440 --> 00:20:48,119
Speaker 1: refined more and we have to get the messaging right

439
00:20:48,200 --> 00:20:50,560
Speaker 1: on this. Are we going to get crushed on this thing?

440
00:20:50,640 --> 00:20:52,439
Speaker 1: I mean I see it right now, and there's too

441
00:20:52,520 --> 00:20:55,720
Speaker 1: many things slid in here or they're trying to slide

442
00:20:55,760 --> 00:20:59,000
Speaker 1: in here. For the tech industry. One is the artificial

443
00:20:59,080 --> 00:21:02,360
Speaker 1: intelligence right the ten year moretuary about any state having

444
00:21:02,400 --> 00:21:03,960
Speaker 1: any say so at all, and you know the issues

445
00:21:04,000 --> 00:21:06,160
Speaker 1: have cropped up on our official intelligence all the time.

446
00:21:06,280 --> 00:21:09,480
Speaker 1: Also the fact that the bottom line is it takes

447
00:21:09,560 --> 00:21:12,439
Speaker 1: you ten times more regulation open up a nail salon

448
00:21:13,119 --> 00:21:17,399
Speaker 1: in Washington, d C. Than any regulation on artificial intelligence

449
00:21:17,480 --> 00:21:19,639
Speaker 1: right now. And essentially they just want to take all

450
00:21:19,720 --> 00:21:23,400
Speaker 1: regulation off it and have another big win for tech. Ma'am.

451
00:21:25,280 --> 00:21:27,399
Speaker 6: Yeah. When I say just past, I mean the Senate

452
00:21:27,520 --> 00:21:29,680
Speaker 6: side is I think an unacceptable bill. But in the

453
00:21:29,720 --> 00:21:31,159
Speaker 6: House they can go back to a lot of the

454
00:21:31,200 --> 00:21:33,560
Speaker 6: House provisions which included the things that you're talking about

455
00:21:33,640 --> 00:21:35,560
Speaker 6: right now, And so that's what I'm hoping is when

456
00:21:35,600 --> 00:21:37,399
Speaker 6: it gets kicked back over to the House side, then

457
00:21:37,440 --> 00:21:40,240
Speaker 6: the House can actually and let the House Freedom Caucus

458
00:21:40,280 --> 00:21:41,840
Speaker 6: take the lead on these things and go back to

459
00:21:41,920 --> 00:21:44,280
Speaker 6: fixing those The AI thing that you just mentioned is horrible.

460
00:21:44,320 --> 00:21:46,560
Speaker 6: But back to what you're talking about in New York

461
00:21:46,600 --> 00:21:48,119
Speaker 6: City and Mondamie, I know you and I have been

462
00:21:48,119 --> 00:21:50,359
Speaker 6: talking a lot about this now. Things that Mondamie has

463
00:21:50,359 --> 00:21:52,720
Speaker 6: said in the past are absolutely insane. I have no

464
00:21:52,840 --> 00:21:55,720
Speaker 6: doubt that the man is a Marxist socialist nut job.

465
00:21:56,080 --> 00:21:58,120
Speaker 6: But he did not campaign over the last four months

466
00:21:58,200 --> 00:22:01,400
Speaker 6: as that. He campaigned essentially as Steve Bannon, and there's

467
00:22:01,440 --> 00:22:03,639
Speaker 6: a reason why he resonated the way he did. And

468
00:22:03,720 --> 00:22:06,320
Speaker 6: if the Democrats campaign like this, they will crush us

469
00:22:06,320 --> 00:22:09,080
Speaker 6: in the midterms. And the Democrats stick to the talking

470
00:22:09,119 --> 00:22:11,359
Speaker 6: points of the cost of living is too high in

471
00:22:11,400 --> 00:22:14,520
Speaker 6: Americans need a raise, the American healthcare system is broken,

472
00:22:14,640 --> 00:22:17,760
Speaker 6: and insurance companies are corrupt and evil, no new wars,

473
00:22:17,880 --> 00:22:21,080
Speaker 6: and protect Social Security and Medicaid. Those four things are

474
00:22:21,160 --> 00:22:23,680
Speaker 6: the people. That is what people care about back at home.

475
00:22:24,040 --> 00:22:26,880
Speaker 6: That anyone that I talked to outside of Washington DC.

476
00:22:27,480 --> 00:22:29,359
Speaker 6: Those are the talking points that they want to hear.

477
00:22:29,480 --> 00:22:31,520
Speaker 6: And that's really what Mom Donnie was talking about on

478
00:22:31,600 --> 00:22:34,159
Speaker 6: the campaign trail. Now, the places where I differ with

479
00:22:34,280 --> 00:22:36,960
Speaker 6: him massively are regarding immigration. He's so far out there,

480
00:22:37,280 --> 00:22:40,639
Speaker 6: and also, you know when we're talking about Israel, you

481
00:22:40,720 --> 00:22:43,280
Speaker 6: know he is also way too far out there on that.

482
00:22:43,400 --> 00:22:45,800
Speaker 6: But on the campaign trail, when you're asked in a debate,

483
00:22:46,200 --> 00:22:49,080
Speaker 6: where would you travel first, and every candidate says Israel,

484
00:22:49,160 --> 00:22:51,879
Speaker 6: and he says, I wouldn't travel anywhere. I'm running for

485
00:22:51,960 --> 00:22:53,439
Speaker 6: mayor of New York, so I'm going to be right

486
00:22:53,480 --> 00:22:56,440
Speaker 6: here in New York City. That resonates with folks. So

487
00:22:57,000 --> 00:22:58,879
Speaker 6: you know, the talking points that he had over the

488
00:22:59,000 --> 00:23:02,560
Speaker 6: last four campaigns were are actually they were extraordinarily effective,

489
00:23:02,640 --> 00:23:04,959
Speaker 6: and they were smart and I'm curious to see how

490
00:23:05,080 --> 00:23:07,520
Speaker 6: the Democrats will follow there. But they were talking about

491
00:23:07,520 --> 00:23:09,199
Speaker 6: things that you've talked about, Steve, and that I did

492
00:23:09,240 --> 00:23:11,600
Speaker 6: on this show, and what Republicans should be focused on.

493
00:23:13,800 --> 00:23:17,359
Speaker 1: Well, they what he did is took a form of populism,

494
00:23:17,600 --> 00:23:21,200
Speaker 1: and his radical ideas like the free transportation and the

495
00:23:21,400 --> 00:23:23,600
Speaker 1: and the food stores he tried to play down. He

496
00:23:23,760 --> 00:23:26,560
Speaker 1: tried to take and steal as much of President Trump's

497
00:23:27,000 --> 00:23:30,680
Speaker 1: platform as possible. Understanding, the Democrats have not put forward

498
00:23:30,760 --> 00:23:35,600
Speaker 1: a legitimate populist left, a poppytiest platform. And this guy

499
00:23:35,800 --> 00:23:38,680
Speaker 1: is a Jahattist, He's a he's a neo Marxist.

500
00:23:39,240 --> 00:23:40,080
Speaker 4: Uh he is.

501
00:23:40,840 --> 00:23:43,000
Speaker 1: It's the Red Green Alliance. You can see what's happening

502
00:23:43,080 --> 00:23:46,959
Speaker 1: in New York City. But the sophisticated level that he ran,

503
00:23:47,080 --> 00:23:49,040
Speaker 1: I mean, this is kind of Obama two point zero.

504
00:23:49,800 --> 00:23:53,320
Speaker 1: Because Obama was a total radical, right, this guy's a

505
00:23:53,440 --> 00:23:56,200
Speaker 1: beyond a radical. He's beyond Obama. But the way that

506
00:23:56,280 --> 00:24:00,399
Speaker 1: they're running, they understand that populism and populist policies are

507
00:24:00,520 --> 00:24:03,240
Speaker 1: the solution. That's why the House version, I mean, this

508
00:24:03,280 --> 00:24:04,960
Speaker 1: is gonna be a big fight. I don't see this

509
00:24:05,760 --> 00:24:07,680
Speaker 1: right now, and maybe I'm wrong. I don't see this

510
00:24:07,760 --> 00:24:10,520
Speaker 1: on the President's desk on fourth of July for a

511
00:24:10,600 --> 00:24:13,560
Speaker 1: signature unless the House gets back here quickly and they're

512
00:24:13,560 --> 00:24:16,520
Speaker 1: able to hammer some of this out with the Senate. Man.

513
00:24:18,160 --> 00:24:20,080
Speaker 6: You know, I think that deadline is looking more and

514
00:24:20,119 --> 00:24:22,600
Speaker 6: more unlikely as well, and so which I have no

515
00:24:22,640 --> 00:24:25,000
Speaker 6: problem if they passed that deadline. You know, fine, I

516
00:24:25,119 --> 00:24:27,400
Speaker 6: just want this bill fixed and made in the most

517
00:24:27,960 --> 00:24:30,919
Speaker 6: America first model of what it is. This is supposed

518
00:24:30,920 --> 00:24:33,720
Speaker 6: to be President Trump's agenda in this bill, and so

519
00:24:34,000 --> 00:24:35,920
Speaker 6: I am really hoping that the House can get in

520
00:24:36,000 --> 00:24:38,320
Speaker 6: there and truly fix it. And then I hope that

521
00:24:38,880 --> 00:24:41,360
Speaker 6: the House and the Senate and then President Trump's team

522
00:24:41,400 --> 00:24:44,840
Speaker 6: focus on the campaign promises that they made to Americans,

523
00:24:44,960 --> 00:24:47,560
Speaker 6: and that is to focus on lowering the cost of

524
00:24:47,880 --> 00:24:50,359
Speaker 6: living in this country, which he really had he's been doing.

525
00:24:50,520 --> 00:24:52,960
Speaker 6: I mean, the price of gas has gone down, inflation

526
00:24:53,160 --> 00:24:55,479
Speaker 6: is going down. They've got to cut rates. But these

527
00:24:55,520 --> 00:24:57,400
Speaker 6: are all things that we need to be talking about

528
00:24:57,520 --> 00:25:00,840
Speaker 6: and not just constantly talking about these can using languages

529
00:25:00,880 --> 00:25:03,960
Speaker 6: in the bill and Iran and Israel now net and Yah.

530
00:25:03,800 --> 00:25:04,760
Speaker 3: Who's coming next week?

531
00:25:04,960 --> 00:25:07,200
Speaker 6: That's a whole another last week of messaging talking about

532
00:25:07,240 --> 00:25:10,200
Speaker 6: net and yeah, who's visit? Talk about America, talk about

533
00:25:10,280 --> 00:25:12,680
Speaker 6: the problems that Americans are having that they want fixed

534
00:25:12,680 --> 00:25:15,040
Speaker 6: that President Trump promised he would fix in which he

535
00:25:15,160 --> 00:25:17,960
Speaker 6: actually is. But we are getting distracted looking at these,

536
00:25:18,280 --> 00:25:22,600
Speaker 6: you know, uh, just constant overseas problems, and right now

537
00:25:22,680 --> 00:25:24,480
Speaker 6: we need to focus on the winds of President Trump

538
00:25:24,520 --> 00:25:25,800
Speaker 6: cauld deliver and has.

539
00:25:25,680 --> 00:25:30,040
Speaker 1: Delivered, and not just that the net Yahoo, the New

540
00:25:30,119 --> 00:25:32,360
Speaker 1: York people understand this. I spent four days up there

541
00:25:32,400 --> 00:25:34,720
Speaker 1: looking at the data. It was a referendum on net Yahu.

542
00:25:35,520 --> 00:25:38,480
Speaker 1: Better you better understand this because bringing net Yahu to

543
00:25:38,520 --> 00:25:41,440
Speaker 1: the White House next week is horrible, horrible heart particularly

544
00:25:41,440 --> 00:25:43,800
Speaker 1: if we're in the middle of this horrible messaging uh,

545
00:25:44,040 --> 00:25:47,080
Speaker 1: because they still are bound and determined to do regime change.

546
00:25:47,119 --> 00:25:49,440
Speaker 1: The American people have zero interests in this. They just

547
00:25:49,520 --> 00:25:51,720
Speaker 1: want to Hey, we got it done. Took out the

548
00:25:51,800 --> 00:25:55,520
Speaker 1: nuclear program. President Trump ended the twelve day war with

549
00:25:55,640 --> 00:25:58,600
Speaker 1: a catastrophic strike. Game over. Let's take the win and

550
00:25:58,680 --> 00:26:00,480
Speaker 1: move on. Caroline? Where do you will get you on

551
00:26:00,560 --> 00:26:03,240
Speaker 1: social media? People want to follow you. Plea particularly is

552
00:26:03,320 --> 00:26:06,520
Speaker 1: this works up through the in the Senate and you're

553
00:26:06,640 --> 00:26:08,119
Speaker 1: hearing a lot of guys in the House, a lot

554
00:26:08,119 --> 00:26:10,600
Speaker 1: of people the members of the House starting to say, Hey,

555
00:26:10,680 --> 00:26:13,040
Speaker 1: this is gonna be tough to uh to swallow in

556
00:26:13,080 --> 00:26:14,560
Speaker 1: the House. So it's gonna be a big fight this week.

557
00:26:14,600 --> 00:26:15,200
Speaker 1: Where do folks go?

558
00:26:15,359 --> 00:26:18,920
Speaker 6: Man, It is at Caroline Wrenn on Twitter, Getter and

559
00:26:19,000 --> 00:26:19,920
Speaker 6: truth social.

560
00:26:22,440 --> 00:26:27,320
Speaker 1: Thank you, ma'am. I appreciate you. Philip Patrick, even as

561
00:26:27,400 --> 00:26:30,640
Speaker 1: we speak, is heading to La x the airport. He's

562
00:26:30,640 --> 00:26:34,000
Speaker 1: gonna be heading to Brazil for the for the Bricks

563
00:26:34,240 --> 00:26:39,639
Speaker 1: Nations their UH their their meeting in Brazil UH to

564
00:26:40,080 --> 00:26:42,560
Speaker 1: talk about the US dollar as the premier reserve currency.

565
00:26:42,680 --> 00:26:45,960
Speaker 1: Birch Gold dot com promo code Bannon the end of

566
00:26:46,040 --> 00:26:49,240
Speaker 1: the dollar Empire, seven free installments, Get up to speed.

567
00:26:49,280 --> 00:26:52,560
Speaker 1: We're gonna have Philip Patrick from lax in the six

568
00:26:52,600 --> 00:26:54,840
Speaker 1: o'clock hour before he leaves. We're hav him every day

569
00:26:54,880 --> 00:26:57,280
Speaker 1: from Brazil. Short break back in a moment.

570
00:26:59,080 --> 00:27:01,520
Speaker 3: Really, he's your host, Stephen K.

571
00:27:01,760 --> 00:27:02,000
Speaker 2: Bath.

572
00:27:04,880 --> 00:27:12,400
Speaker 1: Okay, they just passed. So for instance, the parliamentarian is saying,

573
00:27:12,480 --> 00:27:16,080
Speaker 1: now you can't do the uh, you can't, you can't

574
00:27:16,160 --> 00:27:19,359
Speaker 1: do the illegal aliens. Yet we just did pass. I

575
00:27:19,480 --> 00:27:25,920
Speaker 1: think they blocked funding funding planned parenthood. Now I'm not

576
00:27:25,960 --> 00:27:27,320
Speaker 1: sure if that's for the whole ten years of the

577
00:27:27,359 --> 00:27:28,720
Speaker 1: one year. I think it's just for the one year.

578
00:27:28,800 --> 00:27:30,840
Speaker 1: But the US and has just blocked a measure that

579
00:27:31,080 --> 00:27:34,760
Speaker 1: required the Big Beautiful Bill to fund planted parenthood by

580
00:27:34,760 --> 00:27:39,800
Speaker 1: a forty nine to fifty one vote. That's positive today. Also,

581
00:27:40,280 --> 00:27:41,600
Speaker 1: you should know, and this is one of the reasons

582
00:27:41,640 --> 00:27:43,480
Speaker 1: we're not going to the floor all the time. Normally

583
00:27:43,560 --> 00:27:46,000
Speaker 1: had these voter ramas. It's one after the other after

584
00:27:46,040 --> 00:27:48,800
Speaker 1: the other. You know, they go all night, and they

585
00:27:48,880 --> 00:27:51,760
Speaker 1: go for a couple of days maybe, and it's completely

586
00:27:51,920 --> 00:27:54,600
Speaker 1: jammed with amendments. Debate on the amendments. This is going

587
00:27:54,640 --> 00:27:59,640
Speaker 1: a little you know, catches, catch can a little. Sarah Feris,

588
00:28:00,200 --> 00:28:02,239
Speaker 1: I want to report that there is zero rush by

589
00:28:02,240 --> 00:28:04,360
Speaker 1: the Senate to move along with these amendments. The last

590
00:28:04,400 --> 00:28:08,040
Speaker 1: amendment vote for Murray was open for forty five plus minutes.

591
00:28:08,119 --> 00:28:11,760
Speaker 1: It just failed. This is not your average vote rama,

592
00:28:11,920 --> 00:28:15,000
Speaker 1: usually overnight and much much faster. I think the reason

593
00:28:15,160 --> 00:28:17,760
Speaker 1: is that there's still debating things that are going into

594
00:28:17,800 --> 00:28:18,200
Speaker 1: this bill.

595
00:28:18,400 --> 00:28:18,520
Speaker 7: Now.

596
00:28:20,119 --> 00:28:24,359
Speaker 1: My understanding is that the reporting this morning on the

597
00:28:24,480 --> 00:28:29,399
Speaker 1: show about Marshall Blackburn actually working on some compromise with

598
00:28:29,560 --> 00:28:34,320
Speaker 1: Ted Cruz turns out it was essentially wrong. Marshall Blackburn

599
00:28:34,600 --> 00:28:37,800
Speaker 1: is down and she's kind of dug in. Particularly the

600
00:28:37,840 --> 00:28:41,040
Speaker 1: parliamentarian is not going to say that they can get

601
00:28:41,120 --> 00:28:46,120
Speaker 1: any compromise language she thinks protects children and content creators

602
00:28:46,880 --> 00:28:52,000
Speaker 1: on the bill on artificial intelligence, and right now my

603
00:28:52,080 --> 00:28:54,320
Speaker 1: understandings of parliamentarian just came back said the camp maybe

604
00:28:54,360 --> 00:28:57,400
Speaker 1: those changes, and so as it stands right now, and

605
00:28:57,560 --> 00:29:00,200
Speaker 1: we are a big advocate of calling your congressman, calling

606
00:29:00,240 --> 00:29:03,160
Speaker 1: your senator and saying, hey, there should be no compromise

607
00:29:03,200 --> 00:29:07,160
Speaker 1: in this. It should be the States. You know that

608
00:29:07,440 --> 00:29:10,080
Speaker 1: they should not block the States for ten years. This

609
00:29:10,280 --> 00:29:13,479
Speaker 1: moratorium against the States for ten years is absolutely uh

610
00:29:14,040 --> 00:29:16,400
Speaker 1: is absolutely outrageous, and it should be. And my concern

611
00:29:16,600 --> 00:29:19,200
Speaker 1: is not a lot of these people and Mike Davis

612
00:29:19,280 --> 00:29:24,160
Speaker 1: and others are putting up these issues about content creators

613
00:29:24,200 --> 00:29:26,440
Speaker 1: and the ability to you know, make sure they can't

614
00:29:26,480 --> 00:29:29,719
Speaker 1: take all of your information like President Trump's book out

615
00:29:29,760 --> 00:29:31,360
Speaker 1: of the deal and take it and use it for

616
00:29:31,520 --> 00:29:34,040
Speaker 1: machine learning and make people smarter and not have to

617
00:29:34,080 --> 00:29:35,760
Speaker 1: pay for it or not have to compensate for it.

618
00:29:35,840 --> 00:29:39,200
Speaker 1: So they're taking all this as free content. Certainly I

619
00:29:39,280 --> 00:29:42,320
Speaker 1: have an issue with that as a content creator. You know,

620
00:29:42,400 --> 00:29:43,960
Speaker 1: that's the type of thing to get worked out. My

621
00:29:44,160 --> 00:29:47,280
Speaker 1: bigger problem is that the States may be our bullwork

622
00:29:47,320 --> 00:29:50,840
Speaker 1: here about what's going on with artificial intelligence. Like I said,

623
00:29:50,920 --> 00:29:56,800
Speaker 1: you've got you know, more regulations on getting a nail

624
00:29:56,840 --> 00:30:00,160
Speaker 1: salon set up or hair braiding salon set up, then

625
00:30:00,200 --> 00:30:03,400
Speaker 1: you have on artificial intelligence right now. And this is

626
00:30:03,440 --> 00:30:07,760
Speaker 1: another bill passed by big tech. You heard Caroline ren

627
00:30:07,840 --> 00:30:09,440
Speaker 1: The only thing I think has really been passed of

628
00:30:09,480 --> 00:30:13,880
Speaker 1: any substance is this was this genius act on on

629
00:30:14,320 --> 00:30:17,240
Speaker 1: cryptocurrency that was really pushed by the tech bros. And

630
00:30:17,320 --> 00:30:21,200
Speaker 1: you see, right now you've got a tech bro Okay, fine,

631
00:30:21,480 --> 00:30:24,000
Speaker 1: you've got the tech bros that are that are are

632
00:30:24,080 --> 00:30:27,080
Speaker 1: pushing here. You see they're hiding behind Elon Moss or

633
00:30:27,080 --> 00:30:29,200
Speaker 1: they're ripping on President Trump right now calling for a

634
00:30:29,360 --> 00:30:32,720
Speaker 1: new third party. I don't think it behooves us in

635
00:30:32,800 --> 00:30:34,720
Speaker 1: the efforts we're trying to do here to try to

636
00:30:34,760 --> 00:30:36,840
Speaker 1: get this all put to bed. And look, nobody's in

637
00:30:36,960 --> 00:30:39,440
Speaker 1: love with this bill, the entire thing. It's got issues

638
00:30:39,520 --> 00:30:42,280
Speaker 1: to it, it's also got great benefits. You heard doctor

639
00:30:42,320 --> 00:30:47,040
Speaker 1: Stephen Myron at the at the very top, with the

640
00:30:47,360 --> 00:30:49,200
Speaker 1: economic growth that could come out of this, and that's

641
00:30:49,240 --> 00:30:52,000
Speaker 1: the bet that's being made at supply side. Joe Allen

642
00:30:52,400 --> 00:30:54,080
Speaker 1: joins us and Joe Allen. I think we're gonna try

643
00:30:54,080 --> 00:30:56,560
Speaker 1: to get some other people as the show goes on.

644
00:30:57,200 --> 00:30:58,920
Speaker 1: But right now I did have a chance to talk

645
00:30:58,920 --> 00:31:01,960
Speaker 1: to the Senator Blackburn, and she's pretty dug in that

646
00:31:02,280 --> 00:31:07,040
Speaker 1: she's not enthusiastic about any compromise on this unless it's

647
00:31:07,080 --> 00:31:09,160
Speaker 1: the only possible way out. But right now, she says

648
00:31:09,200 --> 00:31:12,280
Speaker 1: to parliamentarian, she doesn't think he's going to prove anything

649
00:31:12,320 --> 00:31:14,280
Speaker 1: that would be on any compromise, So there's not going

650
00:31:14,360 --> 00:31:17,200
Speaker 1: to be a compromise. Do you have any update on.

651
00:31:17,240 --> 00:31:22,640
Speaker 4: That, sir, No, Steve, other than I have heard from

652
00:31:22,720 --> 00:31:27,400
Speaker 4: a reliable source that Blackburn is planning to stand up

653
00:31:27,440 --> 00:31:31,800
Speaker 4: to this, that she is not planning on compromising. I

654
00:31:31,920 --> 00:31:35,720
Speaker 4: think that her constituents should give her all the support

655
00:31:35,920 --> 00:31:39,560
Speaker 4: that she needs and make sure that she understands that

656
00:31:39,680 --> 00:31:44,480
Speaker 4: they do not want this federal preemption. They do not

657
00:31:44,720 --> 00:31:48,760
Speaker 4: want to have the federal government be the sole bulwark

658
00:31:48,920 --> 00:31:51,520
Speaker 4: against the various downsides of AI. I mean, you know,

659
00:31:51,640 --> 00:31:56,240
Speaker 4: we've covered this for four years. The war room audience

660
00:31:56,400 --> 00:32:03,080
Speaker 4: understands that everything from AI addiction with kids becoming kind

661
00:32:03,080 --> 00:32:05,760
Speaker 4: of brain dead due to reliance on it all the

662
00:32:05,800 --> 00:32:10,040
Speaker 4: way out to the dangers of AI powered weapon systems

663
00:32:10,440 --> 00:32:15,000
Speaker 4: and even having potentially some sort of artificial general or

664
00:32:15,120 --> 00:32:20,480
Speaker 4: superintelligence that would just be a civilization shattering transformation. You

665
00:32:20,600 --> 00:32:22,640
Speaker 4: want to have at the very least, whether it's the

666
00:32:23,160 --> 00:32:28,800
Speaker 4: most mundane algorithm or some dreamt of godlike AI. You

667
00:32:28,960 --> 00:32:32,800
Speaker 4: want to have the legal systems in place to hold

668
00:32:32,840 --> 00:32:37,720
Speaker 4: these companies liable, to actually insist on transparency so that

669
00:32:37,840 --> 00:32:41,280
Speaker 4: the systems are being tested consistently, so that we know

670
00:32:41,560 --> 00:32:44,560
Speaker 4: that if you hand a child laptop and say this

671
00:32:44,840 --> 00:32:47,880
Speaker 4: is your teacher, this is where you will learn about reality,

672
00:32:48,320 --> 00:32:51,880
Speaker 4: that the child is not going to be fed hallucinations

673
00:32:52,440 --> 00:32:54,880
Speaker 4: constantly and have their mind work all the way out

674
00:32:54,960 --> 00:32:58,280
Speaker 4: to the medical industry, where right now they're talking about

675
00:32:59,000 --> 00:33:02,480
Speaker 4: a kind of new medical ethic where one is considered

676
00:33:02,520 --> 00:33:07,880
Speaker 4: to be negligent, one is considered to be basically conduct

677
00:33:08,160 --> 00:33:12,320
Speaker 4: you know, malpractice as a doctor for not consulting AI

678
00:33:13,360 --> 00:33:17,480
Speaker 4: as some sort of justification for any diagnosis, any sort

679
00:33:17,480 --> 00:33:21,640
Speaker 4: of treatment. So, yes, Marcia Blackburn one hundred percent needs

680
00:33:21,680 --> 00:33:24,120
Speaker 4: to stand up. She's got Josh Holly on her side,

681
00:33:24,440 --> 00:33:26,960
Speaker 4: she has Ran Paul on her side, and of course

682
00:33:27,040 --> 00:33:30,560
Speaker 4: she has most of America on her side. The latest

683
00:33:30,640 --> 00:33:35,360
Speaker 4: poll from the Institute for Family Studies conducted with Yugov,

684
00:33:35,800 --> 00:33:40,719
Speaker 4: showed that Trump voters just isolating selecting for Trump voters,

685
00:33:41,000 --> 00:33:45,120
Speaker 4: that fifty five percent do not want an AI moratorium.

686
00:33:45,680 --> 00:33:51,160
Speaker 4: Fifty five percent. I'm sorry, fifty five percent want their

687
00:33:51,240 --> 00:33:54,360
Speaker 4: states to be empowered to make their own decisions and

688
00:33:54,720 --> 00:33:58,680
Speaker 4: conduct themselves into the future as they choose. So, yeah, Steve,

689
00:33:58,720 --> 00:34:02,320
Speaker 4: I think that Marcia, if she has the spine to

690
00:34:02,400 --> 00:34:04,840
Speaker 4: do this, she's going to come out a winner at

691
00:34:04,880 --> 00:34:05,160
Speaker 4: the end.

692
00:34:07,240 --> 00:34:07,440
Speaker 7: Yeah.

693
00:34:07,640 --> 00:34:10,000
Speaker 1: I don't know why Ted Cruz and this is another

694
00:34:10,120 --> 00:34:13,040
Speaker 1: thing of concernacy about Texas. That's the great state of Texas.

695
00:34:13,160 --> 00:34:16,200
Speaker 1: Why Ted Cruz is doing the bidding of the of

696
00:34:16,280 --> 00:34:18,799
Speaker 1: the tech bros. Here hangarver side, We've got Mark Bill

697
00:34:19,200 --> 00:34:21,000
Speaker 1: joins Joe, stay right there because I want to answer

698
00:34:21,040 --> 00:34:23,480
Speaker 1: about the conference we went to and what the sense

699
00:34:23,640 --> 00:34:26,120
Speaker 1: of the folks at the conference was. Mark Bill, can

700
00:34:26,200 --> 00:34:29,320
Speaker 1: you you help us on this. People are pretty worked

701
00:34:29,400 --> 00:34:32,799
Speaker 1: up about looking at keeping the States and any kind

702
00:34:32,800 --> 00:34:35,359
Speaker 1: of involvement in the States at all, and any type

703
00:34:35,400 --> 00:34:39,799
Speaker 1: of oversight or regulations of on AI. This is going

704
00:34:39,840 --> 00:34:41,960
Speaker 1: to be a very big deal in the Senate right now,

705
00:34:42,160 --> 00:34:44,360
Speaker 1: and they're talking about compromise. But we now know that

706
00:34:44,480 --> 00:34:46,320
Speaker 1: some people are saying, no, we don't want to compromise.

707
00:34:46,960 --> 00:34:50,239
Speaker 1: We want we want you know, no, we're not taking

708
00:34:50,320 --> 00:34:52,160
Speaker 1: ten years or not taking five years. We want no

709
00:34:52,320 --> 00:34:57,120
Speaker 1: years wants zero. Can you give us an update. Yeah,

710
00:34:57,160 --> 00:34:59,400
Speaker 1: it's a pretty dynamic situation now, Steve.

711
00:35:00,320 --> 00:35:02,400
Speaker 8: It's funny that this one little line and the big

712
00:35:02,440 --> 00:35:06,040
Speaker 8: beautiful Bill has attracted so much attention. And I think

713
00:35:06,080 --> 00:35:08,440
Speaker 8: it's right that it is attracting this much attention. You

714
00:35:08,480 --> 00:35:10,560
Speaker 8: know this, all the industry leaders people are saying, this

715
00:35:10,680 --> 00:35:12,919
Speaker 8: is going to be one of the most transformative technologies

716
00:35:13,440 --> 00:35:17,880
Speaker 8: in human history, and it's probably worth a national dialogue

717
00:35:17,920 --> 00:35:19,640
Speaker 8: on how we need to be thinking about it. And

718
00:35:19,840 --> 00:35:21,400
Speaker 8: you know, the idea that we're going to put this

719
00:35:21,560 --> 00:35:24,440
Speaker 8: provision in the big beautiful bill and slow down the

720
00:35:24,480 --> 00:35:28,880
Speaker 8: president's agenda and give kind of the tech industry a freebie,

721
00:35:28,920 --> 00:35:31,640
Speaker 8: it seems a little bit kind of dissonant to me,

722
00:35:31,680 --> 00:35:34,400
Speaker 8: at least when it comes to what good policies should

723
00:35:34,400 --> 00:35:34,680
Speaker 8: look like.

724
00:35:36,600 --> 00:35:38,759
Speaker 1: Well, this is why it was done. This bills nine

725
00:35:38,840 --> 00:35:41,480
Speaker 1: hundred pages long. You see the fights, and right now

726
00:35:42,120 --> 00:35:45,319
Speaker 1: Twitter is blowing up with these votes and where Republicans

727
00:35:45,360 --> 00:35:47,640
Speaker 1: are coming down on these votes right now, and it

728
00:35:47,719 --> 00:35:52,239
Speaker 1: looks I think secure Kupor over at Heal Coupour over

729
00:35:52,280 --> 00:35:55,040
Speaker 1: at CNN is saying, hey, the whole thing looks far

730
00:35:55,160 --> 00:35:57,480
Speaker 1: from a done deal, and we already know this is

731
00:35:57,560 --> 00:36:00,800
Speaker 1: not moving at the kind of pace you normally vote Ramas.

732
00:36:00,840 --> 00:36:03,120
Speaker 1: The reason is students having to put together almost on

733
00:36:03,120 --> 00:36:06,800
Speaker 1: an amendment by amendment, a different coalition. How did this

734
00:36:07,239 --> 00:36:10,480
Speaker 1: And the parliamentarian I think is sitting there going this

735
00:36:10,600 --> 00:36:12,239
Speaker 1: thing should have never been here in the first place.

736
00:36:12,320 --> 00:36:15,040
Speaker 1: This is a pure policy you know, this is a

737
00:36:15,120 --> 00:36:18,279
Speaker 1: pure policy change, and a massive policy change, and it

738
00:36:18,320 --> 00:36:21,279
Speaker 1: shouldn't be in a budget reconciliation, right, That's why she's

739
00:36:21,320 --> 00:36:24,520
Speaker 1: coming back and you know, enforcing kind of what the

740
00:36:24,640 --> 00:36:27,719
Speaker 1: rules are for these reconciliations. But this shows you that

741
00:36:27,880 --> 00:36:30,160
Speaker 1: people like Ted Cruz and those that are doing the

742
00:36:30,239 --> 00:36:33,120
Speaker 1: big bidding of the oligarchs are going to slip a

743
00:36:33,200 --> 00:36:36,120
Speaker 1: one page in with a you know, one paragraph two

744
00:36:36,200 --> 00:36:39,080
Speaker 1: paragraphs that could change American life, sir.

745
00:36:40,640 --> 00:36:43,880
Speaker 8: You know, it would be one thing if the President

746
00:36:43,880 --> 00:36:46,759
Speaker 8: of the United States came out and said personally, this

747
00:36:46,880 --> 00:36:49,680
Speaker 8: is a big important priority for me. But we didn't

748
00:36:49,719 --> 00:36:54,120
Speaker 8: even see that AI policy appear once in his Statement

749
00:36:54,160 --> 00:36:57,600
Speaker 8: of administration policy, and so it's not clear to me

750
00:36:57,680 --> 00:37:00,480
Speaker 8: that the white that the President himself is really you know,

751
00:37:00,600 --> 00:37:03,360
Speaker 8: focused on this. I think he's got a big agenda

752
00:37:03,520 --> 00:37:06,759
Speaker 8: in the big beautiful bill. And at this point, you know,

753
00:37:07,200 --> 00:37:11,040
Speaker 8: we're slowing down the the implementation of of what the

754
00:37:11,080 --> 00:37:14,439
Speaker 8: American people elected the president to do over this kind

755
00:37:14,480 --> 00:37:16,080
Speaker 8: of very bespoke issue.

756
00:37:16,160 --> 00:37:18,800
Speaker 3: And I think, you know, Joe or someone else.

757
00:37:18,680 --> 00:37:20,600
Speaker 8: Mentioned that some of the polling and the American people

758
00:37:21,440 --> 00:37:24,680
Speaker 8: don't don't want to see a freebee to the industry

759
00:37:24,880 --> 00:37:26,640
Speaker 8: just to let it do whatever it wants. And it's

760
00:37:26,680 --> 00:37:29,360
Speaker 8: not you know, I saw a Secretary Leutink today tweeted that,

761
00:37:29,520 --> 00:37:32,680
Speaker 8: you know, it's concerns about just California and in the

762
00:37:32,719 --> 00:37:37,040
Speaker 8: liberal agenda. But as you pointed out, it's Texas, it's Utah, Georgia.

763
00:37:37,400 --> 00:37:40,160
Speaker 8: There are plenty of Tennessee, plenty of good conservative states

764
00:37:40,200 --> 00:37:41,960
Speaker 8: out there trying to get their arms around this, and

765
00:37:42,320 --> 00:37:44,160
Speaker 8: it's a bit of a head scratcher while we're trying

766
00:37:44,200 --> 00:37:45,560
Speaker 8: to undo all that hard work.

767
00:37:47,600 --> 00:37:49,200
Speaker 1: Well, let me ask you. I think people in briefing

768
00:37:49,280 --> 00:37:52,680
Speaker 1: the president president understands that we're in a part of

769
00:37:52,719 --> 00:37:54,719
Speaker 1: this because of deep seek. We are in a race

770
00:37:55,239 --> 00:37:57,800
Speaker 1: with the Chinese Commanist Party. I think his you know,

771
00:37:57,960 --> 00:37:59,480
Speaker 1: he comes out and says, hey, I want us to

772
00:37:59,480 --> 00:38:02,440
Speaker 1: be a leader in artificial intelligence. I don't want to

773
00:38:02,520 --> 00:38:06,560
Speaker 1: find fall behind the Chinese. The artificial intelligence industry and

774
00:38:06,640 --> 00:38:09,239
Speaker 1: particularly the four guys that are at the lead of it,

775
00:38:09,320 --> 00:38:13,120
Speaker 1: including Elon, must be in one. They're using that as

776
00:38:13,200 --> 00:38:15,120
Speaker 1: kind of we've had the Sputnik moment. We can't have

777
00:38:15,239 --> 00:38:18,239
Speaker 1: any regulations at all. It's it's a matter of life

778
00:38:18,320 --> 00:38:21,040
Speaker 1: and death to do this. Do you agree with that

779
00:38:21,280 --> 00:38:22,680
Speaker 1: or do you think that's over sell.

780
00:38:24,440 --> 00:38:26,840
Speaker 8: I think it's all about the relative velocity of the

781
00:38:26,960 --> 00:38:30,000
Speaker 8: United States and China, you know. I think the tech

782
00:38:30,040 --> 00:38:34,319
Speaker 8: industry has been selling to the Chinese all the capabilities

783
00:38:34,360 --> 00:38:36,400
Speaker 8: they've needed to be successful and to catch up to

784
00:38:36,560 --> 00:38:39,120
Speaker 8: us over the last you know, three to five years,

785
00:38:39,200 --> 00:38:42,920
Speaker 8: we've been hemorrhaging our capabilities to the Chinese. And so

786
00:38:43,080 --> 00:38:45,520
Speaker 8: the idea that some folks in industry want to say, oh,

787
00:38:45,640 --> 00:38:48,080
Speaker 8: we're scared about China and at the other you know,

788
00:38:48,200 --> 00:38:52,000
Speaker 8: turnaround and then sell them ours most sophisticated capabilities, there's

789
00:38:52,080 --> 00:38:55,000
Speaker 8: some logical, you know, questions that we might have in that.

790
00:38:55,160 --> 00:38:58,239
Speaker 8: So I do am I appreciate the concern that a

791
00:38:58,320 --> 00:39:01,880
Speaker 8: patchword regulatory regime impact our industry and.

792
00:39:02,280 --> 00:39:03,160
Speaker 1: May slow us down.

793
00:39:03,520 --> 00:39:05,480
Speaker 8: And that's why I think it's really urgent that the

794
00:39:05,600 --> 00:39:08,480
Speaker 8: Congress get itself together and start to focus on this,

795
00:39:09,120 --> 00:39:12,080
Speaker 8: and then also sort of slow down the flow of

796
00:39:12,160 --> 00:39:14,960
Speaker 8: our stuff over the Chinese and so that their military

797
00:39:15,040 --> 00:39:17,399
Speaker 8: is not weaponizing American tech against US. I think both

798
00:39:17,440 --> 00:39:20,000
Speaker 8: those two things would happen. This would help increase the

799
00:39:20,080 --> 00:39:22,920
Speaker 8: lead between the United States and China in a helpful

800
00:39:22,920 --> 00:39:25,640
Speaker 8: way that also allows us to think more deeply about

801
00:39:25,880 --> 00:39:29,080
Speaker 8: the impact of this and powerful technology on the American people.

802
00:39:31,760 --> 00:39:34,960
Speaker 1: Can you hang on for a second, Mark and get

803
00:39:35,000 --> 00:39:36,839
Speaker 1: Joe Allenbeck in here in a moment, we're gonna take

804
00:39:36,840 --> 00:39:41,600
Speaker 1: a break. We've got Jackie Torborov and Dave Ramaswami. What

805
00:39:41,680 --> 00:39:45,120
Speaker 1: happened in New York I think, particularly below the surface,

806
00:39:45,680 --> 00:39:50,160
Speaker 1: has tremendous lessons to the MAGA movement and to where

807
00:39:50,200 --> 00:39:52,399
Speaker 1: this country is heading, because it's quite dangerous. Also, Dave

808
00:39:52,440 --> 00:39:54,280
Speaker 1: ram Oswami is going to join us to talk about

809
00:39:54,760 --> 00:40:01,759
Speaker 1: the education industrial complex. That complex is the tap root

810
00:40:02,320 --> 00:40:04,239
Speaker 1: of what happened in New York City. And you're gonna

811
00:40:04,239 --> 00:40:06,879
Speaker 1: be pretty shocked to how the recruiting was done, how

812
00:40:07,120 --> 00:40:09,840
Speaker 1: tax dollars were paid for it, paid for it, what

813
00:40:09,960 --> 00:40:12,600
Speaker 1: has really happened to these school systems and what it's

814
00:40:12,719 --> 00:40:15,839
Speaker 1: visited upon you. The situation New York is it ain't

815
00:40:15,880 --> 00:40:17,759
Speaker 1: deaf Con one, but it ought to be deaf Con

816
00:40:17,840 --> 00:40:20,080
Speaker 1: two and a half. It's it's it's that serious. So

817
00:40:20,160 --> 00:40:22,719
Speaker 1: Jackie's going to join us. Dave Ramaswami Russ gonna get

818
00:40:22,719 --> 00:40:25,800
Speaker 1: Phillip Patrick. Philip Patrick and the team are heading to

819
00:40:26,000 --> 00:40:29,279
Speaker 1: Brazil today. They're gonna get there to get ready for

820
00:40:29,440 --> 00:40:33,399
Speaker 1: the for the conference the Bricks Nations are meeting. They're

821
00:40:33,480 --> 00:40:35,960
Speaker 1: meeting for one reason, the think through. It's called the

822
00:40:36,080 --> 00:40:38,800
Speaker 1: rear Reset. They're thinking about what they're going to do

823
00:40:38,880 --> 00:40:41,719
Speaker 1: in relation to the US dollar. Learn all about it,

824
00:40:41,800 --> 00:40:44,160
Speaker 1: particularly gold as a hedge and why you need to

825
00:40:44,280 --> 00:40:47,480
Speaker 1: understand gold now more than ever. Birsch Gold dot com

826
00:40:48,080 --> 00:40:51,280
Speaker 1: promo code Bannon, the end of the dollar empire. Get it. Today,

827
00:40:51,320 --> 00:40:54,320
Speaker 1: we're gonna have Philip Patrick live from Lax in the

828
00:40:54,400 --> 00:40:56,120
Speaker 1: six o'clock hour short.

829
00:40:55,960 --> 00:41:01,400
Speaker 3: Break Warroo use your host, Stephen k Maas.

830
00:41:03,640 --> 00:41:07,440
Speaker 1: You know, we started the show today with doctor Stephen Mirron,

831
00:41:07,560 --> 00:41:10,440
Speaker 1: the Chairman of the Council of Economic Advisors, walking through

832
00:41:10,560 --> 00:41:13,399
Speaker 1: the model. They're using a TU zero point eight percent growth.

833
00:41:13,880 --> 00:41:16,840
Speaker 1: You heard the supply side part of this all of

834
00:41:16,880 --> 00:41:20,239
Speaker 1: it's great, there is an issue that nobody debates, and

835
00:41:20,360 --> 00:41:22,400
Speaker 1: that is there's going to be a gap. Right we

836
00:41:22,440 --> 00:41:24,280
Speaker 1: think it's going to be a smaller gap, the CBO

837
00:41:24,320 --> 00:41:26,880
Speaker 1: and the Democratic is gonna be a bigger gap. That

838
00:41:27,040 --> 00:41:28,719
Speaker 1: GAP's got to be closed when they do it is

839
00:41:29,080 --> 00:41:31,759
Speaker 1: Doctor Myron talked about it, and increased tax revenue is

840
00:41:31,760 --> 00:41:34,760
Speaker 1: coming on on increased growth. If you've got a problem

841
00:41:34,800 --> 00:41:37,560
Speaker 1: with ther Irs, in their mind, they're going to come

842
00:41:37,600 --> 00:41:39,560
Speaker 1: and get your money. Okay. So if you've got a

843
00:41:39,640 --> 00:41:42,479
Speaker 1: problem with them, you need advice from someone like Tax

844
00:41:42,640 --> 00:41:47,279
Speaker 1: Network USA TNUSA dot com promo code Bannon or eight

845
00:41:47,400 --> 00:41:49,239
Speaker 1: hundred and ninety five eight one thousand. If you have

846
00:41:49,320 --> 00:41:51,680
Speaker 1: a letter from the IRS, if you're late filing, if

847
00:41:51,719 --> 00:41:55,840
Speaker 1: you haven't filed, stop the anxiety. It's not the end

848
00:41:55,920 --> 00:41:58,080
Speaker 1: of the world if you take action. If you don't

849
00:41:58,080 --> 00:41:59,879
Speaker 1: take action, I'm not say it's the end of the world,

850
00:42:00,000 --> 00:42:01,800
Speaker 1: but it might be the end of your world. So

851
00:42:02,560 --> 00:42:05,200
Speaker 1: go to Tax Network USA eight hundred ninety five, eight

852
00:42:05,320 --> 00:42:08,879
Speaker 1: one thousand, tell them Bannon sent you, get a free consultation.

853
00:42:09,120 --> 00:42:12,160
Speaker 1: They've solved the billion dollars worth of tax problems. Yours

854
00:42:12,200 --> 00:42:14,120
Speaker 1: is not that big, but it's causing you to lose

855
00:42:14,120 --> 00:42:17,959
Speaker 1: sleeping night. It should take action today. You will feel

856
00:42:18,000 --> 00:42:19,799
Speaker 1: so much better eight hundred and ninety five eight one

857
00:42:19,880 --> 00:42:23,359
Speaker 1: thousand Tax Network USA. Get those guys off your back,

858
00:42:23,520 --> 00:42:26,160
Speaker 1: do it today. Joe Allen, Joe, you went to a

859
00:42:26,239 --> 00:42:28,400
Speaker 1: conference this weekend. I know I'm gonna get you up

860
00:42:28,400 --> 00:42:30,080
Speaker 1: on Skype one day to get a better view, but

861
00:42:30,600 --> 00:42:33,160
Speaker 1: just give us a quick overview. How I couldn't make

862
00:42:33,160 --> 00:42:35,160
Speaker 1: it out there because I was in New York City

863
00:42:35,719 --> 00:42:38,719
Speaker 1: trying to figure out trying to figure out how not

864
00:42:38,840 --> 00:42:41,560
Speaker 1: to have a radical takeover the mayorship, and that's going

865
00:42:41,600 --> 00:42:44,680
Speaker 1: to be quite difficult. But tell us about the conference.

866
00:42:45,680 --> 00:42:48,080
Speaker 4: Well, Stee, First and foremost, I got to say that

867
00:42:48,280 --> 00:42:50,759
Speaker 4: I was. I was at two conferences back to back

868
00:42:51,120 --> 00:42:55,280
Speaker 4: between Bozeman, Montana and somewhere in the wilds of Wyoming,

869
00:42:55,760 --> 00:42:58,960
Speaker 4: and both of them they insist that you come out

870
00:42:59,120 --> 00:43:03,040
Speaker 4: and at least say hi, but hopefully come out and

871
00:43:03,880 --> 00:43:08,640
Speaker 4: share your wisdom on stage. So the first was Nefcon

872
00:43:08,880 --> 00:43:11,640
Speaker 4: with Timothy Alberino, and I've got to say, you know,

873
00:43:11,800 --> 00:43:16,080
Speaker 4: I spoke at his Birthright conference two years before. Of course,

874
00:43:16,200 --> 00:43:18,320
Speaker 4: that audience is going to be much more prime towards

875
00:43:18,400 --> 00:43:23,560
Speaker 4: ideas of transhumanism, artificial intelligence, artificial superintelligence. But just in

876
00:43:23,640 --> 00:43:26,200
Speaker 4: the last two years, you can see this dramatic change

877
00:43:26,719 --> 00:43:31,200
Speaker 4: because people are now interacting with AI. Their jobs, are

878
00:43:31,239 --> 00:43:34,000
Speaker 4: insisting that they use it, their schools are starting to

879
00:43:34,080 --> 00:43:37,640
Speaker 4: roll it out as teaching tools. It's becoming just the norm.

880
00:43:37,800 --> 00:43:40,120
Speaker 4: And of course you're seeing it in the military. You're

881
00:43:40,120 --> 00:43:43,520
Speaker 4: seeing it being pushed into the government with Talenteer and DOGE.

882
00:43:44,120 --> 00:43:48,239
Speaker 4: So the awareness is just so much keener now than

883
00:43:48,280 --> 00:43:51,400
Speaker 4: it was two years ago. And you know, statistically, if

884
00:43:51,400 --> 00:43:53,080
Speaker 4: you look at the polls, if you look at the surveys,

885
00:43:53,440 --> 00:43:58,439
Speaker 4: Americans by and large don't want to incorporate AI into

886
00:43:58,480 --> 00:44:01,640
Speaker 4: their lives. They don't want want to have AI as

887
00:44:01,719 --> 00:44:03,799
Speaker 4: some sort of tool that they're forced to use all

888
00:44:03,840 --> 00:44:06,480
Speaker 4: the time in their jobs. So, you know, when it

889
00:44:06,520 --> 00:44:09,560
Speaker 4: gets to the legality of it, the ability of states

890
00:44:09,600 --> 00:44:14,560
Speaker 4: to regulate it, or the federal government incorporating it, most

891
00:44:14,600 --> 00:44:16,520
Speaker 4: Americans are not comfortable with this. And I hope that

892
00:44:16,680 --> 00:44:20,320
Speaker 4: politicians in Congress and in the administration are starting to

893
00:44:20,360 --> 00:44:24,480
Speaker 4: see that this is not something that is for the people.

894
00:44:24,840 --> 00:44:27,120
Speaker 4: This is something that is being pushed by a very

895
00:44:27,280 --> 00:44:32,520
Speaker 4: very tiny minority of billionaires and their technologists and the

896
00:44:32,760 --> 00:44:36,839
Speaker 4: smaller camp of transhumanists. The second thing I just want

897
00:44:36,880 --> 00:44:40,839
Speaker 4: to say though with Wyoming just I can't really talk

898
00:44:40,880 --> 00:44:43,920
Speaker 4: about who was here, but I will say that a

899
00:44:44,000 --> 00:44:47,919
Speaker 4: number of people who are deeply involved in the tech

900
00:44:47,960 --> 00:44:52,280
Speaker 4: industry and also writers, a lot of artists, the same

901
00:44:52,480 --> 00:44:56,520
Speaker 4: sort of sentiment even among technologists, this extreme discomfort. At

902
00:44:56,560 --> 00:44:59,319
Speaker 4: the very least, you have a small handful of tech

903
00:44:59,360 --> 00:45:04,279
Speaker 4: oligarchs determining all this. Nobody wants it, and that's really

904
00:45:04,360 --> 00:45:07,920
Speaker 4: the point. Americans don't want it. The tech companies do.

905
00:45:08,480 --> 00:45:12,200
Speaker 4: The politicians really need to reflect our interests, not theirs.

906
00:45:14,640 --> 00:45:16,480
Speaker 1: Joe, how do people get to you? We'll get you

907
00:45:16,560 --> 00:45:18,120
Speaker 1: back up when you get to a location in the

908
00:45:18,239 --> 00:45:20,440
Speaker 1: next couple of days. Where do people go in the interim?

909
00:45:20,560 --> 00:45:25,840
Speaker 4: Sir at Joe bot x y z on social media

910
00:45:25,920 --> 00:45:29,680
Speaker 4: and Joe bought dot x y z substack. Thank you

911
00:45:29,760 --> 00:45:31,319
Speaker 4: very much, Steve, I will talk to you soon.

912
00:45:33,320 --> 00:45:35,120
Speaker 1: Thank you, and I'm glad you represented us well at

913
00:45:35,160 --> 00:45:39,360
Speaker 1: the conference. It's really proud of you, Mark Beale. This

914
00:45:39,760 --> 00:45:42,560
Speaker 1: is one we should what they try to slip in

915
00:45:42,600 --> 00:45:46,640
Speaker 1: on one page. We should have a national debate over correct.

916
00:45:46,920 --> 00:45:49,319
Speaker 1: What would you recommend that the audience do right now

917
00:45:49,920 --> 00:45:52,120
Speaker 1: in order to make sure their voice is heard about

918
00:45:52,200 --> 00:45:55,720
Speaker 1: this AI moratorium in state's got to take a tenure

919
00:45:55,840 --> 00:45:58,680
Speaker 1: a decade and not do anything, no regulations all on

920
00:45:58,800 --> 00:46:01,160
Speaker 1: artificial intelligence. What are your thoughts?

921
00:46:02,280 --> 00:46:04,560
Speaker 8: This is the most important issue of our time and

922
00:46:04,880 --> 00:46:07,640
Speaker 8: the American people have to have a vote, have to

923
00:46:07,760 --> 00:46:09,480
Speaker 8: have a say. You know, we the same of the

924
00:46:09,600 --> 00:46:11,560
Speaker 8: arguments that they're making right now sound and awfully like

925
00:46:11,880 --> 00:46:14,200
Speaker 8: the arguments they use with NAFTA, and you know that

926
00:46:14,360 --> 00:46:16,839
Speaker 8: that does enfranchise a lot of people. And the most

927
00:46:16,840 --> 00:46:19,280
Speaker 8: important things that we need to do now is get active.

928
00:46:19,600 --> 00:46:22,480
Speaker 8: Get on the phone, Call your congressman, call your senator,

929
00:46:22,800 --> 00:46:25,239
Speaker 8: let them know that you care about this issue. You

930
00:46:25,320 --> 00:46:27,319
Speaker 8: care about it deeply. And I think that's the way

931
00:46:27,360 --> 00:46:28,640
Speaker 8: that we're going to move the needle. We need a

932
00:46:28,719 --> 00:46:31,279
Speaker 8: grassroops uprising to start engaging at picking up the phone

933
00:46:31,280 --> 00:46:34,360
Speaker 8: and making sure these politicians understand that the people have

934
00:46:34,400 --> 00:46:35,880
Speaker 8: an interest and have a say and they want their

935
00:46:35,960 --> 00:46:36,520
Speaker 8: voices heard.

936
00:46:39,200 --> 00:46:42,920
Speaker 1: Mark, you're leading an organization now, you dedicate yourself to

937
00:46:43,080 --> 00:46:44,520
Speaker 1: this effort. Where do people go, sir?

938
00:46:45,880 --> 00:46:48,759
Speaker 8: Our organization is called the AI Policy Network, and you

939
00:46:48,840 --> 00:46:52,440
Speaker 8: can find us online at AI theaipn dot org.

940
00:46:55,160 --> 00:46:57,000
Speaker 1: Brother, thank you and thank you for jumping on here

941
00:46:57,040 --> 00:46:59,400
Speaker 1: to say we're going to get you. This one's a dogfight.

942
00:46:59,520 --> 00:47:01,280
Speaker 1: It's going to go through the night and probably tomorrow,

943
00:47:01,320 --> 00:47:02,880
Speaker 1: so it'll be what will be hunt you down in

944
00:47:02,920 --> 00:47:08,719
Speaker 1: the morning, sir, get your seed. Thanks Mark Biale. They

945
00:47:08,760 --> 00:47:11,840
Speaker 1: got do I have Lindell. I've got the Mike Lindell.

946
00:47:12,120 --> 00:47:16,280
Speaker 1: I go from artificial intelligence to Mike Lindell. Mike Lindell,

947
00:47:16,520 --> 00:47:19,839
Speaker 1: you save the company. You save the company. Now sell

948
00:47:19,920 --> 00:47:22,279
Speaker 1: us a pillow or sell us a sheet. Tell some

949
00:47:22,360 --> 00:47:24,880
Speaker 1: of these sheets. People want to support you. They love

950
00:47:24,960 --> 00:47:26,520
Speaker 1: the facts that you're back, and they love the fact

951
00:47:26,560 --> 00:47:27,920
Speaker 1: that you live to fight another day.

952
00:47:28,000 --> 00:47:31,520
Speaker 7: Sir, Well, thank you Steven, Thank you Warroom Polsi. You

953
00:47:31,600 --> 00:47:34,839
Speaker 7: guys made it all possible. And I'm back in Minnesota.

954
00:47:34,840 --> 00:47:37,759
Speaker 7: I was down at my factory today. Remember we've got

955
00:47:37,840 --> 00:47:41,080
Speaker 7: the new Prekale sheets. The whole line came in. These

956
00:47:41,120 --> 00:47:44,520
Speaker 7: are the higher thread called Perkale sheets. We're doing just

957
00:47:44,640 --> 00:47:46,960
Speaker 7: as just for today now tonight. This is the last

958
00:47:47,040 --> 00:47:49,200
Speaker 7: few hours of that sale. Well, I wanted the war

959
00:47:49,320 --> 00:47:52,440
Speaker 7: Room posse to get it for the wholesale price twenty

960
00:47:52,640 --> 00:47:56,680
Speaker 7: nine eighty eight. They're normally seventy nine ninety nine dollars,

961
00:47:57,160 --> 00:48:02,960
Speaker 7: any size, any collar and for twenty twenty nine eighty eight,

962
00:48:03,000 --> 00:48:05,680
Speaker 7: doesn't matter if it's king size, queen size, split kings.

963
00:48:06,120 --> 00:48:08,279
Speaker 7: Go to the website, you guys, this is just a

964
00:48:08,360 --> 00:48:11,600
Speaker 7: few hours left. Click on Steve. There there's the twenty

965
00:48:11,680 --> 00:48:13,320
Speaker 7: nine eighty eight. There's going to go up to the

966
00:48:13,400 --> 00:48:16,360
Speaker 7: regular sale price, which the rest of the country is planned.

967
00:48:17,160 --> 00:48:17,600
Speaker 2: You got the.

968
00:48:17,680 --> 00:48:21,200
Speaker 7: Fifty percent off crosses. I just got those in my office.

969
00:48:21,280 --> 00:48:23,640
Speaker 7: The new ones just came in there. Check those out.

970
00:48:24,160 --> 00:48:26,279
Speaker 7: And all of the stuff we have on sale, the

971
00:48:26,320 --> 00:48:29,160
Speaker 7: big ticket items, we left them on sale for fifty

972
00:48:29,239 --> 00:48:32,400
Speaker 7: percent or more. That's the beds, the mattress toppers, the

973
00:48:32,520 --> 00:48:35,200
Speaker 7: mattress pads, all of it made in the one hundred

974
00:48:35,239 --> 00:48:38,239
Speaker 7: percent in the USA. Get those big ticket items. But

975
00:48:38,600 --> 00:48:41,040
Speaker 7: you guys called downstairs, I had fun this morning. Eight

976
00:48:41,200 --> 00:48:45,160
Speaker 7: hundred eight seven three one zero six to two. Get

977
00:48:45,200 --> 00:48:47,799
Speaker 7: yourself a seventy sheets. I'm gonna go down there right

978
00:48:47,920 --> 00:48:50,120
Speaker 7: now and take phone calls with my crew.

979
00:48:50,320 --> 00:48:50,759
Speaker 1: Take a car.

980
00:48:51,200 --> 00:48:53,600
Speaker 7: We've been having a great time here. It's like a telethon.

981
00:48:53,680 --> 00:48:55,319
Speaker 7: Steve trumb Co War.

982
00:48:55,680 --> 00:48:57,000
Speaker 1: We got a jump back in a moment