1 00:00:00,720 --> 00:00:01,920 Speaker 1: I don't know if it's kickbacks. 2 00:00:01,920 --> 00:00:02,680 Speaker 2: So what's going on? 3 00:00:02,800 --> 00:00:05,480 Speaker 1: And I've had a great help with Elon Musk, who's 4 00:00:05,559 --> 00:00:07,640 Speaker 1: been terrific. Then I'm going to tell him to go 5 00:00:07,760 --> 00:00:10,079 Speaker 1: check the Department of Education. Then I'm going to go 6 00:00:10,440 --> 00:00:11,080 Speaker 1: to the military. 7 00:00:11,200 --> 00:00:12,200 Speaker 2: Let's check the military. 8 00:00:12,200 --> 00:00:15,400 Speaker 1: We're going to find billions, hundreds of billions of dollars 9 00:00:15,440 --> 00:00:16,560 Speaker 1: of fraud and abuse. 10 00:00:17,160 --> 00:00:20,800 Speaker 3: You're listening to the forty seven Morning Update with Ben Ferguson. 11 00:00:20,800 --> 00:00:23,279 Speaker 4: Good Monday morning, Ben Ferguson with you. It's nice to 12 00:00:23,320 --> 00:00:25,520 Speaker 4: have you with us. And these are the big stories 13 00:00:25,560 --> 00:00:29,360 Speaker 4: we're covering today on the forty seven Morning Update. First up, 14 00:00:29,480 --> 00:00:32,720 Speaker 4: Democrats are losing their mind as Elon Musk and his 15 00:00:32,840 --> 00:00:36,519 Speaker 4: team have now gained more access to a total of 16 00:00:36,680 --> 00:00:41,000 Speaker 4: fifteen government agencies. What are they fighting? I'll have it 17 00:00:41,040 --> 00:00:44,000 Speaker 4: for you in just a moment. Democrats also trying to 18 00:00:44,000 --> 00:00:47,040 Speaker 4: figure out how they are going to fight back against 19 00:00:47,120 --> 00:00:50,880 Speaker 4: Donald Trump. And in story number two, elam Omar goes 20 00:00:50,920 --> 00:00:53,280 Speaker 4: on National TV to say that Donald Trump is in 21 00:00:53,400 --> 00:00:56,600 Speaker 4: essence a dictator and a tyrant when he's just been 22 00:00:56,640 --> 00:01:00,200 Speaker 4: on the job for three weeks. And finally, we have 23 00:01:00,240 --> 00:01:03,040 Speaker 4: the list of the likely tax cuts that could save 24 00:01:03,120 --> 00:01:06,039 Speaker 4: you and your family a ton of money that Donald 25 00:01:06,080 --> 00:01:09,680 Speaker 4: Trump wants in the Reconciliation Bill will have those details 26 00:01:09,720 --> 00:01:12,280 Speaker 4: as well. It's the forty seven Morning Update and it 27 00:01:12,360 --> 00:01:13,520 Speaker 4: starts right now. 28 00:01:13,440 --> 00:01:14,560 Speaker 2: Story number one. 29 00:01:14,640 --> 00:01:17,240 Speaker 4: If there's one thing that Donald Trump has done that 30 00:01:17,319 --> 00:01:20,319 Speaker 4: has really made the left angry, it's the fact that 31 00:01:20,360 --> 00:01:24,000 Speaker 4: he's exposing the waste of fraud and the good old 32 00:01:24,040 --> 00:01:27,119 Speaker 4: abuse in the United States government. We're also finding out 33 00:01:27,120 --> 00:01:29,880 Speaker 4: each and every day just how bad things have gotten. 34 00:01:30,120 --> 00:01:32,679 Speaker 4: And now it seems clear that Donald Trump is saying 35 00:01:32,720 --> 00:01:36,039 Speaker 4: to Elon Musk and his team, go find it all. 36 00:01:36,680 --> 00:01:41,880 Speaker 4: Elon Musk and his team have now swept into fifteen agencies, 37 00:01:42,080 --> 00:01:45,200 Speaker 4: and this is what we know. Staffers and allies of 38 00:01:45,319 --> 00:01:49,680 Speaker 4: Musk and his service are well fanning out across Washington 39 00:01:49,680 --> 00:01:53,880 Speaker 4: in the last week, especially seeking access to data and 40 00:01:53,920 --> 00:01:59,000 Speaker 4: disrupting operations in at least fifteen government agencies in pursuit 41 00:01:59,040 --> 00:02:04,000 Speaker 4: of dramatically smaller federal government. DOGE, which you know stands 42 00:02:04,000 --> 00:02:07,160 Speaker 4: for the Department of Government Efficiency, has not disclosed the 43 00:02:07,280 --> 00:02:10,480 Speaker 4: names of its staff members, but the Washington Post is 44 00:02:10,520 --> 00:02:14,000 Speaker 4: trying to do a let's out you list. They've identified 45 00:02:14,040 --> 00:02:18,080 Speaker 4: now more than thirty people working for closely with by 46 00:02:18,120 --> 00:02:22,280 Speaker 4: examining the internal directories they claim a multiple agencies and 47 00:02:22,400 --> 00:02:27,200 Speaker 4: interviewing numerous federal workers, virtually all of whom spoke on 48 00:02:27,320 --> 00:02:32,800 Speaker 4: condition of eminemity to fear for quote, major retaliation. Now, 49 00:02:32,840 --> 00:02:35,440 Speaker 4: this is when you know that Elon Musk is getting 50 00:02:35,480 --> 00:02:39,000 Speaker 4: somewhere in Donald Trump. When you have this many people 51 00:02:39,200 --> 00:02:42,959 Speaker 4: inside the government that are trying to undermine the people 52 00:02:43,000 --> 00:02:46,400 Speaker 4: that are working with Doge, They're hoping that they can 53 00:02:46,440 --> 00:02:48,520 Speaker 4: get them in trouble or find a way to get 54 00:02:48,560 --> 00:02:52,400 Speaker 4: them fired. Now, about half of those identified have ties 55 00:02:52,440 --> 00:02:55,680 Speaker 4: to Musk or his companies. Why well, these are clearly 56 00:02:55,760 --> 00:02:58,919 Speaker 4: the people that he trusts with his companies and also 57 00:02:59,120 --> 00:03:03,960 Speaker 4: people that operate at another level when it comes to intellect. Now, 58 00:03:04,000 --> 00:03:07,239 Speaker 4: among those are young people, and the reality is many 59 00:03:07,240 --> 00:03:09,840 Speaker 4: on the Democratic Party are angry at the fact that 60 00:03:09,919 --> 00:03:13,480 Speaker 4: many of these people working for Elon Musk are young 61 00:03:13,800 --> 00:03:16,840 Speaker 4: in their twenties. Another way of putting it, it's clear 62 00:03:16,960 --> 00:03:20,280 Speaker 4: age discrimination. They don't like the fact that young people 63 00:03:20,360 --> 00:03:23,679 Speaker 4: are coming in and looking at ways to cost cut 64 00:03:24,280 --> 00:03:28,240 Speaker 4: or looking for the waste, fraud and abuse and exposing it. 65 00:03:28,639 --> 00:03:31,640 Speaker 4: The way that Elon Musk is on X. What's also 66 00:03:31,840 --> 00:03:35,960 Speaker 4: very interesting about what's happening now is much of the waste, fraud, 67 00:03:36,000 --> 00:03:40,160 Speaker 4: and abuse is being exposed instantly because Elon Musk will 68 00:03:40,200 --> 00:03:43,480 Speaker 4: get the information, then he checks and verifies it, and 69 00:03:43,520 --> 00:03:46,480 Speaker 4: then he's putting it out on social media, so that 70 00:03:46,680 --> 00:03:49,760 Speaker 4: you know, before the media can protect or stop the 71 00:03:49,800 --> 00:03:53,880 Speaker 4: story from ever being written. He's going around the media now. 72 00:03:53,920 --> 00:03:57,640 Speaker 4: Donald Trump was asked in an interview during the halftime 73 00:03:57,720 --> 00:04:01,400 Speaker 4: of the Super Bowl on Sunday night if he trusts 74 00:04:01,400 --> 00:04:04,640 Speaker 4: Elon Musk, because again, what is the left doing trying 75 00:04:04,640 --> 00:04:06,840 Speaker 4: to tell you that Elon Musk and his staff cannot 76 00:04:06,880 --> 00:04:10,200 Speaker 4: be trusted. What did Donald Trump say, Take a listen. 77 00:04:10,440 --> 00:04:12,400 Speaker 1: I don't know if it's kickbacks or what's going on, 78 00:04:12,480 --> 00:04:15,240 Speaker 1: but the people, look, I ran on this, and the 79 00:04:15,280 --> 00:04:17,760 Speaker 1: people want me to find it. And I've had a 80 00:04:17,800 --> 00:04:20,800 Speaker 1: great help with Elon Musk, who's been terrific. 81 00:04:21,160 --> 00:04:22,800 Speaker 2: I'm on, you say you trust him? 82 00:04:22,880 --> 00:04:25,920 Speaker 1: Trust Elon? Oh, he's not gaining anything. In fact, I 83 00:04:25,960 --> 00:04:27,720 Speaker 1: wonder how he can devote the time to it. He's 84 00:04:27,720 --> 00:04:29,960 Speaker 1: so into it. But I told him to do that. 85 00:04:30,040 --> 00:04:33,520 Speaker 1: Then I'm going to tell him very soon, like maybe 86 00:04:33,640 --> 00:04:36,800 Speaker 1: in twenty four hours to go check the Department of Education. 87 00:04:37,040 --> 00:04:38,960 Speaker 1: He's going to find the same thing. Then I'm going 88 00:04:39,000 --> 00:04:41,600 Speaker 1: to go to the military. Let's check the military. We're 89 00:04:41,600 --> 00:04:45,120 Speaker 1: going to find billions, hundreds of billions of dollars of 90 00:04:45,160 --> 00:04:49,280 Speaker 1: fraud and abuse. And you know, the people elected me on. 91 00:04:49,200 --> 00:04:53,440 Speaker 4: That hundreds of billions of dollars of fraud and abuse. 92 00:04:53,680 --> 00:04:56,159 Speaker 4: It was very clear the President was saying to you, 93 00:04:56,279 --> 00:04:59,040 Speaker 4: the American people, you told me what the mandate was. 94 00:04:59,120 --> 00:05:01,599 Speaker 4: You wanted me to cut the size of government. You 95 00:05:01,640 --> 00:05:03,719 Speaker 4: wanted me to make sure that they weren't wasting your 96 00:05:03,760 --> 00:05:07,360 Speaker 4: tax dollars. You wanted to make sure that your money 97 00:05:07,600 --> 00:05:11,479 Speaker 4: was going to America first policies. That is exactly what 98 00:05:11,560 --> 00:05:14,880 Speaker 4: Donald Trump is delivering on, and he's expanding the scope 99 00:05:15,120 --> 00:05:19,400 Speaker 4: of where he's looking for all of the government waste, fraud. 100 00:05:19,080 --> 00:05:22,360 Speaker 2: And abuse. Now story number two, it is very. 101 00:05:22,240 --> 00:05:25,520 Speaker 4: Clear Democrats are trying to find their footing and how 102 00:05:25,520 --> 00:05:27,640 Speaker 4: they're going to deal with all the successes over the 103 00:05:27,720 --> 00:05:31,600 Speaker 4: last three weeks of Donald Trump's agenda. They understand now 104 00:05:31,640 --> 00:05:33,880 Speaker 4: that they've got to come up with some plan to 105 00:05:34,160 --> 00:05:37,440 Speaker 4: undermine him. The media is obviously on board to help 106 00:05:37,520 --> 00:05:40,880 Speaker 4: with that. Alam Omar has come out just days after 107 00:05:40,920 --> 00:05:45,040 Speaker 4: Democrats already called for a third impeachment of Donald Trump 108 00:05:45,040 --> 00:05:47,400 Speaker 4: from the floor of the House to say that it's 109 00:05:47,520 --> 00:05:50,320 Speaker 4: very clear that Donald Trump has decided he will not 110 00:05:50,400 --> 00:05:53,719 Speaker 4: abide their claiming by the Constitution. They're now saying he 111 00:05:53,800 --> 00:05:57,719 Speaker 4: is a dictator and a tyrant. Well representative. Alam Omar 112 00:05:58,000 --> 00:06:01,279 Speaker 4: on Sunday on CBS Facination had a few other things 113 00:06:01,279 --> 00:06:03,839 Speaker 4: to say about Donald Trump. This is their game plan 114 00:06:04,000 --> 00:06:06,800 Speaker 4: of how they're going to undermine him. Listen carefully to 115 00:06:06,839 --> 00:06:08,000 Speaker 4: the word she uses. 116 00:06:08,240 --> 00:06:12,200 Speaker 5: We're joined now by Democratic Congressman Ilhan Omar of Minnesota. 117 00:06:12,240 --> 00:06:15,200 Speaker 5: Good to have you here. You have spoken quite a 118 00:06:15,240 --> 00:06:18,520 Speaker 5: bit this week about what USAID meant in your life, 119 00:06:18,800 --> 00:06:21,760 Speaker 5: particularly when you were living in a refugee camp for 120 00:06:21,800 --> 00:06:26,120 Speaker 5: four years and USAID you talked about helping to keep 121 00:06:26,160 --> 00:06:29,160 Speaker 5: you alive. We know this week a federal judge will 122 00:06:29,200 --> 00:06:31,880 Speaker 5: come to some kind of hearing and decision perhaps on 123 00:06:31,920 --> 00:06:35,599 Speaker 5: what happens to all those government workers. Are the courts 124 00:06:35,680 --> 00:06:37,640 Speaker 5: the main line of defense here? 125 00:06:38,360 --> 00:06:41,799 Speaker 6: Yeah, I mean, what we are witnessing is a constitutional crisis. 126 00:06:41,880 --> 00:06:45,919 Speaker 6: We are seeing an executive branch that has decided that 127 00:06:46,000 --> 00:06:48,599 Speaker 6: they are no longer going to abide by the Constitution 128 00:06:48,880 --> 00:06:54,600 Speaker 6: in honoring Congress's role in the creation of the agencies, 129 00:06:54,880 --> 00:06:59,840 Speaker 6: in their role in deciding where money is allocated. And 130 00:07:00,120 --> 00:07:04,480 Speaker 6: so the only recourse we have since our congressional leadership 131 00:07:04,520 --> 00:07:11,120 Speaker 6: the Speaker will not stop the executive is through the judiciary. 132 00:07:11,720 --> 00:07:14,240 Speaker 6: And this is you know, when you think about the 133 00:07:14,280 --> 00:07:17,960 Speaker 6: checks and balances that we have, the courts are the 134 00:07:18,000 --> 00:07:20,840 Speaker 6: only recourse we have at the moment, and we have 135 00:07:21,000 --> 00:07:24,240 Speaker 6: seen and when we talk about the illegality of what 136 00:07:24,320 --> 00:07:28,720 Speaker 6: the executive is doing, we have seen every single executive 137 00:07:28,880 --> 00:07:32,800 Speaker 6: order that has been challenged in the courts was found 138 00:07:32,920 --> 00:07:36,520 Speaker 6: to be illegal. And that I think should give faith 139 00:07:36,880 --> 00:07:41,320 Speaker 6: to the American people that our courts are working as 140 00:07:41,360 --> 00:07:44,320 Speaker 6: they should. The checks and balances are working. What is 141 00:07:44,360 --> 00:07:47,640 Speaker 6: not working is the way that the executive is behaving 142 00:07:48,040 --> 00:07:51,360 Speaker 6: and the congressional leadership that is failing the American people. 143 00:07:51,560 --> 00:07:53,680 Speaker 5: Well, some of these court cases are ongoing. 144 00:07:53,760 --> 00:07:56,560 Speaker 4: So by the way, let's just be clear over what 145 00:07:56,600 --> 00:07:59,160 Speaker 4: she just said. She just claimed that the court systems 146 00:07:59,160 --> 00:08:01,800 Speaker 4: had stopped Donald try up on every executive order. That 147 00:08:01,920 --> 00:08:04,239 Speaker 4: is a lie. And as you could even hear there, 148 00:08:04,280 --> 00:08:05,840 Speaker 4: and I'm sure this was hard for them to do. 149 00:08:05,920 --> 00:08:09,000 Speaker 4: A CBS Face the Nation. They even tried to somewhat 150 00:08:09,040 --> 00:08:11,480 Speaker 4: correct her and say, well, these are ongoing, He's only 151 00:08:11,520 --> 00:08:13,480 Speaker 4: been present for three weeks. How can you make such 152 00:08:13,480 --> 00:08:16,280 Speaker 4: an egregious claim. You also have to remember who the 153 00:08:16,320 --> 00:08:19,400 Speaker 4: Democrats are putting out on TV. Face The Democratic Party 154 00:08:19,400 --> 00:08:21,920 Speaker 4: now has become so radical they decide to put a 155 00:08:21,960 --> 00:08:26,040 Speaker 4: congresswoman out there as their faced this week on Face 156 00:08:26,120 --> 00:08:28,600 Speaker 4: the Nation, a woman that referred to the nine to 157 00:08:28,640 --> 00:08:32,840 Speaker 4: eleven Terris as some people that did some things. We 158 00:08:33,000 --> 00:08:36,320 Speaker 4: also are finding out that the Democrats are putting different 159 00:08:36,360 --> 00:08:39,200 Speaker 4: extremists out there to try to find out a way 160 00:08:39,240 --> 00:08:43,120 Speaker 4: to undermine the president. You noticed in the beginning of 161 00:08:43,160 --> 00:08:46,320 Speaker 4: that interview, Margaret Brennan is talking about we know that 162 00:08:46,520 --> 00:08:50,320 Speaker 4: USAID meant so much to you and your life. Why 163 00:08:50,320 --> 00:08:52,600 Speaker 4: did she say that, Well, it's very clear they're trying 164 00:08:52,640 --> 00:08:56,480 Speaker 4: to cover for the abuse, waste, the fraud coming from 165 00:08:56,600 --> 00:09:00,640 Speaker 4: USAID and even the funneling of money to actual Harris. 166 00:09:01,000 --> 00:09:03,360 Speaker 4: So what better person have on TV to defend the 167 00:09:03,400 --> 00:09:06,120 Speaker 4: program than a woman that refers to the nine to 168 00:09:06,120 --> 00:09:10,280 Speaker 4: eleven hijackers as some people that did some things. Now 169 00:09:10,320 --> 00:09:13,200 Speaker 4: Omar was not done there. She also went on to 170 00:09:13,240 --> 00:09:17,520 Speaker 4: say this. I mean, what we're witnessing is a constitutional crisis. 171 00:09:17,640 --> 00:09:20,160 Speaker 4: We are seeing executive brands that has decided they no 172 00:09:20,240 --> 00:09:23,280 Speaker 4: longer are going to abide by the Constitution and honoring 173 00:09:23,360 --> 00:09:26,360 Speaker 4: Congress's role in the creation of the agencies and their 174 00:09:26,440 --> 00:09:29,560 Speaker 4: role and in deciding where money is allocated. So now, 175 00:09:29,920 --> 00:09:32,440 Speaker 4: what does she say? You have a president of the 176 00:09:32,559 --> 00:09:35,760 Speaker 4: United States of America that has gone rogue. I think 177 00:09:35,800 --> 00:09:39,080 Speaker 4: it's pretty clear the Democrats are now trying anything they 178 00:09:39,120 --> 00:09:42,200 Speaker 4: can to get their footing, whether it's impeaching Donald Trump 179 00:09:42,559 --> 00:09:45,600 Speaker 4: or saying he's a dictator or a tyrant or someone 180 00:09:45,640 --> 00:09:49,520 Speaker 4: not abiding by the constitution, all because Democrats don't know 181 00:09:49,559 --> 00:09:52,400 Speaker 4: what to do because there's so much winning going on 182 00:09:52,480 --> 00:09:53,120 Speaker 4: in Washington. 183 00:09:53,240 --> 00:09:55,400 Speaker 2: And lastly, story number three, I have. 184 00:09:55,360 --> 00:09:57,920 Speaker 4: An important list for you today, and is the list 185 00:09:58,040 --> 00:10:01,560 Speaker 4: of the likely tax cuts now Donald Trump wants in 186 00:10:01,600 --> 00:10:05,920 Speaker 4: the reconciliation bill. What this means for everyday Americans is 187 00:10:06,080 --> 00:10:07,560 Speaker 4: real savings for you. 188 00:10:07,920 --> 00:10:08,120 Speaker 2: Now. 189 00:10:08,160 --> 00:10:12,160 Speaker 4: The plan has become even more ambitious, mainly because of 190 00:10:12,200 --> 00:10:15,000 Speaker 4: all the well abuse of your tax dollars that the 191 00:10:15,360 --> 00:10:18,640 Speaker 4: Trump administration has found in the last three weeks. The 192 00:10:18,679 --> 00:10:22,480 Speaker 4: Press Secretary Carolin Levitt came out to explain just one 193 00:10:22,520 --> 00:10:25,280 Speaker 4: of the abuses of your tax dollars being used against you, 194 00:10:25,559 --> 00:10:27,680 Speaker 4: and it was when the money they found was going 195 00:10:27,720 --> 00:10:31,640 Speaker 4: to media outlets including Politico. This is what has spun 196 00:10:31,679 --> 00:10:34,200 Speaker 4: the President up to give more of your money back 197 00:10:34,240 --> 00:10:34,680 Speaker 4: to you. 198 00:10:35,240 --> 00:10:38,120 Speaker 7: So upon coming out here to the briefing room, I 199 00:10:38,400 --> 00:10:43,160 Speaker 7: was made aware of the funding from USAID to media 200 00:10:43,160 --> 00:10:45,920 Speaker 7: outlets including Politico, who I know has a seat in 201 00:10:45,960 --> 00:10:49,600 Speaker 7: this room, and I can confirm that the more than 202 00:10:49,640 --> 00:10:53,120 Speaker 7: eight million taxpayer dollars that have gone to essentially subsidizing 203 00:10:53,160 --> 00:10:56,720 Speaker 7: subscriptions to Politico, the American taxpayer's dying will no longer 204 00:10:56,760 --> 00:10:59,560 Speaker 7: be happening. The dog's team is working on canceling those 205 00:10:59,600 --> 00:11:00,400 Speaker 7: payments now. 206 00:11:00,520 --> 00:11:03,080 Speaker 4: So when they find the money and then they decide 207 00:11:03,080 --> 00:11:06,679 Speaker 4: to cancel these types of payments, the question many asked was, well, 208 00:11:06,679 --> 00:11:09,520 Speaker 4: what's going to happen next? Well, it now is clear 209 00:11:09,679 --> 00:11:11,760 Speaker 4: the president saying he wants you to keep more of 210 00:11:11,800 --> 00:11:13,920 Speaker 4: your money and stop giving so much of it to 211 00:11:14,360 --> 00:11:18,080 Speaker 4: the government. President Donald Trump and Congressional Republicans are in 212 00:11:18,160 --> 00:11:22,640 Speaker 4: deep negotiations and went all weekend long on a tax 213 00:11:22,720 --> 00:11:27,439 Speaker 4: package that a budget watchdog group estimated would actually save 214 00:11:27,840 --> 00:11:33,800 Speaker 4: you five to eleven point two trillion over the next decade. Now, 215 00:11:33,840 --> 00:11:36,600 Speaker 4: if you read the media's explanation of that, they'll tell 216 00:11:36,600 --> 00:11:39,319 Speaker 4: you it's going to cost you between five trillion to 217 00:11:39,320 --> 00:11:42,079 Speaker 4: eleven point two trillion. No, no, that's how much the 218 00:11:42,120 --> 00:11:45,160 Speaker 4: government will not get from you. A series of tax 219 00:11:45,200 --> 00:11:48,720 Speaker 4: policy changes that Trump's supports appear to have broad support 220 00:11:48,920 --> 00:11:53,320 Speaker 4: among Republicans in Congress. The Committee for a Responsible Federal 221 00:11:53,360 --> 00:11:56,320 Speaker 4: Budget has released a study that projects the cost of 222 00:11:56,400 --> 00:11:59,360 Speaker 4: each item over a ten year period is going to 223 00:11:59,400 --> 00:12:03,120 Speaker 4: be huge page for you, the American people. Now, on 224 00:12:03,160 --> 00:12:06,160 Speaker 4: that list, at the top of it was one big thing, 225 00:12:06,280 --> 00:12:09,360 Speaker 4: eliminating taxes on tips. This was a huge promise from 226 00:12:09,400 --> 00:12:12,240 Speaker 4: Donald Trump during the campaign, something he said he would 227 00:12:12,240 --> 00:12:14,240 Speaker 4: work on as soon as he got into the White House. 228 00:12:14,320 --> 00:12:17,160 Speaker 4: It would result in a one hundred billion to five 229 00:12:17,240 --> 00:12:20,840 Speaker 4: hundred and fifty billion reduction in federal tax revenue, meaning 230 00:12:21,120 --> 00:12:24,559 Speaker 4: one hundred to five hundred and fifty billion of taxes 231 00:12:24,840 --> 00:12:27,360 Speaker 4: that you wouldn't have to pay to the government. We 232 00:12:27,440 --> 00:12:31,440 Speaker 4: also found out exempting overtime pay from federal taxes would 233 00:12:31,480 --> 00:12:35,720 Speaker 4: also give two hundred and fifty to three trillion back 234 00:12:36,000 --> 00:12:40,280 Speaker 4: into the pockets of American workers, and finally exempting Social 235 00:12:40,280 --> 00:12:44,240 Speaker 4: Security benefits from federal taxes would now cost between five 236 00:12:44,320 --> 00:12:48,000 Speaker 4: hundred and fifty billion and one point five trillion. That's 237 00:12:48,000 --> 00:12:50,600 Speaker 4: how the government is reporting it to the media as 238 00:12:50,600 --> 00:12:52,800 Speaker 4: they're trying to keep more of your dollars. So what 239 00:12:52,840 --> 00:12:55,199 Speaker 4: does it really mean. It means that Donald Trump and 240 00:12:55,240 --> 00:12:58,120 Speaker 4: the Republicans are wanting you to keep between five hundred 241 00:12:58,120 --> 00:13:00,920 Speaker 4: and fifty billion to one point five trillion that you 242 00:13:01,040 --> 00:13:04,080 Speaker 4: normally would have paid in taxes. We also have been 243 00:13:04,120 --> 00:13:06,320 Speaker 4: told that the present wants to lower taxes for US 244 00:13:06,360 --> 00:13:09,560 Speaker 4: production of certain goods that would save you between one 245 00:13:09,640 --> 00:13:13,400 Speaker 4: hundred to two hundred billion, and reducing tax benefits for 246 00:13:13,600 --> 00:13:17,839 Speaker 4: stadium owners and ending the carried interest loophole. They would 247 00:13:17,880 --> 00:13:22,960 Speaker 4: also save the taxpayers one hundred billion dollars. Now, all 248 00:13:23,000 --> 00:13:25,320 Speaker 4: of this is being put together in one of the 249 00:13:25,360 --> 00:13:28,120 Speaker 4: biggest tax plans we've ever seen. But this is not 250 00:13:28,200 --> 00:13:30,520 Speaker 4: a big tax plan that's going to raise your taxes. 251 00:13:30,840 --> 00:13:32,240 Speaker 4: It's going to go down in history as one of 252 00:13:32,280 --> 00:13:36,280 Speaker 4: the biggest tax cuts in American history. And this is 253 00:13:36,320 --> 00:13:39,960 Speaker 4: the reason why Democrats right now are so terrified of 254 00:13:40,080 --> 00:13:43,560 Speaker 4: Donald Trump and his success, because three weeks in we 255 00:13:43,679 --> 00:13:47,440 Speaker 4: also know that Donald Trump has a new high approval rating, 256 00:13:47,559 --> 00:13:51,000 Speaker 4: meaning the American people are paying attention and the American 257 00:13:51,000 --> 00:13:54,280 Speaker 4: people are in favor of exactly what Donald Trump is doing. 258 00:13:54,440 --> 00:13:57,080 Speaker 3: Thank you for listening to the forty seven Morning Update 259 00:13:57,240 --> 00:14:00,559 Speaker 3: with Ben Ferguson. Please make sure you hit some subscribe 260 00:14:00,840 --> 00:14:04,080 Speaker 3: wherever you're listening to this podcast right now and for 261 00:14:04,200 --> 00:14:07,560 Speaker 3: more in depth news, also subscribe to the Ben Ferguson 262 00:14:07,600 --> 00:14:10,240 Speaker 3: podcast and we will see you back here tomorrow.