1 00:00:00,120 --> 00:00:00,280 Speaker 1: Right. 2 00:00:00,760 --> 00:00:03,560 Speaker 2: In fact, the tex says three hundred billion dollars is 3 00:00:03,600 --> 00:00:06,760 Speaker 2: to be cut from this vital food assistance program, which 4 00:00:06,760 --> 00:00:10,840 Speaker 2: can lead to eleven million people going hungry. Democrats said 5 00:00:10,840 --> 00:00:13,200 Speaker 2: that this bill was going to kick people off MEDICAI. 6 00:00:13,600 --> 00:00:15,800 Speaker 2: Looks like we were right about that too. The bill 7 00:00:15,840 --> 00:00:19,560 Speaker 2: cut seven hundred and fifteen billion dollars to the program, 8 00:00:19,760 --> 00:00:24,360 Speaker 2: and we'll kick thirteen point seven million Americans losing healthcare. 9 00:00:24,640 --> 00:00:27,160 Speaker 2: Democrats said that the tax cuts we'll be going. 10 00:00:27,000 --> 00:00:27,520 Speaker 3: To the rich. 11 00:00:27,920 --> 00:00:31,720 Speaker 2: We were right again, if enacted by twenty twenty seven 12 00:00:31,760 --> 00:00:34,160 Speaker 2: individuals making over one pick. 13 00:00:34,680 --> 00:00:38,639 Speaker 4: You're hearing the live stream of the Budget committee as 14 00:00:38,680 --> 00:00:41,760 Speaker 4: they go through billion dollars try to get this budget 15 00:00:41,800 --> 00:00:44,919 Speaker 4: at least learned at a committee. Right now, we understand 16 00:00:44,960 --> 00:00:49,440 Speaker 4: there's a minimum of three maybe four Republican knows, including 17 00:00:49,440 --> 00:00:51,600 Speaker 4: some of the biggest deficit hawks, are saying, hey, the 18 00:00:51,640 --> 00:00:53,479 Speaker 4: math doesn't work here. We've got to get back and 19 00:00:53,520 --> 00:00:57,120 Speaker 4: start work over the weekend. This is a key component. 20 00:00:57,200 --> 00:01:00,680 Speaker 4: President Trump's coming back tonight here right I think near 21 00:01:00,720 --> 00:01:02,720 Speaker 4: midnight tonight he'll be on this. 22 00:01:02,760 --> 00:01:03,520 Speaker 5: Over the weekend. 23 00:01:03,600 --> 00:01:05,880 Speaker 4: We're gonna be going in and out of this committee 24 00:01:06,160 --> 00:01:08,039 Speaker 4: to see if it doesn't get out of committee, they're 25 00:01:08,080 --> 00:01:08,600 Speaker 4: going to go back. 26 00:01:08,640 --> 00:01:09,800 Speaker 5: There's a lot more work to do. 27 00:01:10,720 --> 00:01:12,440 Speaker 4: I tend to agree with the Hawks that right now 28 00:01:12,520 --> 00:01:14,160 Speaker 4: this maths doesn't come close to working. 29 00:01:14,200 --> 00:01:16,440 Speaker 5: They've got to get serious. Here's what we're gonna do. 30 00:01:16,520 --> 00:01:18,760 Speaker 5: We're going to We're gonna come in and out of 31 00:01:18,760 --> 00:01:20,080 Speaker 5: the Budget Committee during the day. 32 00:01:20,120 --> 00:01:22,960 Speaker 4: We got a great cold open a President Trump's triumphant 33 00:01:24,200 --> 00:01:26,559 Speaker 4: tour and visit in the Middle East. We're gonna start 34 00:01:26,600 --> 00:01:28,319 Speaker 4: with that. We got a pack show today. Let's go 35 00:01:28,319 --> 00:01:28,880 Speaker 4: ahead and let it. 36 00:01:28,880 --> 00:03:24,840 Speaker 6: Rep We're making great progress toward the one point four 37 00:03:24,880 --> 00:03:27,320 Speaker 6: trillion dollars that UAE. 38 00:03:27,320 --> 00:03:30,640 Speaker 7: Has announced that it intends to spend in the United 39 00:03:30,720 --> 00:03:34,720 Speaker 7: States over the next couple of years. Yesterday, the two 40 00:03:34,760 --> 00:03:38,000 Speaker 7: countries also agreed to create a path for UE to 41 00:03:38,040 --> 00:03:41,680 Speaker 7: buy some of the world's most advanced AI semiconductors from 42 00:03:42,240 --> 00:03:47,119 Speaker 7: American companies, a very big contract. This will generate billions 43 00:03:47,120 --> 00:03:50,120 Speaker 7: and billions of dollars in business and accelerate the UE's 44 00:03:50,240 --> 00:03:54,880 Speaker 7: plans to become a really major player in artificial intelligence. 45 00:03:54,880 --> 00:03:56,240 Speaker 3: And I read where. 46 00:03:57,480 --> 00:04:00,880 Speaker 7: The oil and gas and its great, but you're going 47 00:04:00,920 --> 00:04:03,800 Speaker 7: to have equally big and maybe even bigger at some 48 00:04:03,880 --> 00:04:07,720 Speaker 7: point you'll be surpassing it with AI and other and 49 00:04:07,920 --> 00:04:11,520 Speaker 7: other businesses. So it's uh, that's a great tribute to 50 00:04:11,600 --> 00:04:12,640 Speaker 7: the job you've done here. 51 00:04:28,839 --> 00:04:29,400 Speaker 3: That's great. 52 00:04:30,760 --> 00:04:35,800 Speaker 8: Listen about co's like like in the old just a 53 00:04:35,800 --> 00:04:41,080 Speaker 8: lot heavier for so your lessons to people are all dae. 54 00:04:42,000 --> 00:04:44,160 Speaker 5: Well, it's just a message of unity. 55 00:04:44,200 --> 00:04:47,360 Speaker 7: When you look at what we've just seen, it's great unity, 56 00:04:47,440 --> 00:04:52,360 Speaker 7: great paid. They are incredible people with a tremendous leader. 57 00:04:53,600 --> 00:04:58,040 Speaker 3: Who's a friend of mine. 58 00:04:58,839 --> 00:04:59,640 Speaker 9: Thank you very much. 59 00:05:22,440 --> 00:05:25,039 Speaker 7: We just reached a fantastic, great deal as you know 60 00:05:25,080 --> 00:05:29,160 Speaker 7: with the United Kingdom, which was wonderful, and do we 61 00:05:29,240 --> 00:05:32,200 Speaker 7: have another big one that we just reached with China. 62 00:05:33,000 --> 00:05:34,800 Speaker 7: China deal is a very big deal. It's in the 63 00:05:34,839 --> 00:05:40,200 Speaker 7: process of continuing to be formed, but they wanted to 64 00:05:40,279 --> 00:05:43,320 Speaker 7: make that deal very badly. And we have at the 65 00:05:43,360 --> 00:05:47,640 Speaker 7: same time one hundred and fifty countries that want to 66 00:05:47,640 --> 00:05:49,280 Speaker 7: make a deal. But you're not able to see that 67 00:05:49,320 --> 00:05:51,560 Speaker 7: many countries. So at a certain point over the next 68 00:05:51,560 --> 00:05:54,839 Speaker 7: two to three weeks, I think Scott and Howard we'll 69 00:05:54,880 --> 00:05:58,200 Speaker 7: be sending letters out essentially telling people it would be 70 00:05:58,279 --> 00:06:02,800 Speaker 7: very fair, but we'll be telling people what they'll be 71 00:06:02,880 --> 00:06:05,799 Speaker 7: paying to do business in the United States, so essentially 72 00:06:05,960 --> 00:06:09,760 Speaker 7: be paying to be doing business in the United States. 73 00:06:09,839 --> 00:06:11,919 Speaker 7: I guess you could say they could appeal it, but 74 00:06:12,000 --> 00:06:13,400 Speaker 7: for the most part, I think we're going to be 75 00:06:13,480 --> 00:06:17,119 Speaker 7: very fair. But it's not possible to meet the number 76 00:06:17,120 --> 00:06:18,600 Speaker 7: of people that want to see us. 77 00:06:45,160 --> 00:06:48,719 Speaker 5: This is the final scream of a dying regime. 78 00:06:50,040 --> 00:06:53,240 Speaker 4: Pray for our enemies, because we're going to medieval on 79 00:06:53,320 --> 00:06:56,719 Speaker 4: these people. You're not going to free shot all these 80 00:06:56,720 --> 00:07:00,640 Speaker 4: networks lying about the people, the people a belly full 81 00:07:00,720 --> 00:07:00,840 Speaker 4: of it. 82 00:07:01,320 --> 00:07:03,080 Speaker 5: I know you don't like hearing that. I know you've 83 00:07:03,120 --> 00:07:04,400 Speaker 5: tried to do everything in the world to stop that, 84 00:07:04,480 --> 00:07:06,520 Speaker 5: but you're not going to stop it. It's going to happen. 85 00:07:06,640 --> 00:07:08,839 Speaker 3: And where do people like that go to share the 86 00:07:08,839 --> 00:07:11,360 Speaker 3: big line? Mega media? 87 00:07:11,480 --> 00:07:14,720 Speaker 9: I wish in my soul, I wish that any. 88 00:07:14,520 --> 00:07:18,280 Speaker 5: Of these people had a conscience. Ask yourself, what is 89 00:07:18,320 --> 00:07:20,080 Speaker 5: my task and what is my purpose? 90 00:07:20,720 --> 00:07:24,840 Speaker 4: If that answer is to save my country, this country 91 00:07:25,160 --> 00:07:26,880 Speaker 4: will be saved. 92 00:07:26,920 --> 00:07:30,080 Speaker 10: Wor use your host Stephen k Man. 93 00:07:35,880 --> 00:07:39,320 Speaker 4: Friday, sixteen May, year of Verlert, twenty twenty five. There 94 00:07:39,320 --> 00:07:43,800 Speaker 4: are decades in which nothing happens, and there are weeks 95 00:07:43,800 --> 00:07:47,480 Speaker 4: in which decades happen. We're living through this the week 96 00:07:47,760 --> 00:07:51,600 Speaker 4: this what second week of second week of May in 97 00:07:51,640 --> 00:07:55,320 Speaker 4: the ear of Ward twenty twenty five, just absolutely credible. 98 00:07:55,400 --> 00:08:03,800 Speaker 4: President Trump simultaneously reordering the relationships in the Middle East 99 00:08:03,920 --> 00:08:05,200 Speaker 4: that really haven't changed. 100 00:08:05,800 --> 00:08:07,360 Speaker 5: This is so fundamentally goes. 101 00:08:07,200 --> 00:08:11,720 Speaker 4: Back to World War One when the Arabs with the 102 00:08:11,760 --> 00:08:15,679 Speaker 4: British Army, Lawrence of Arabia, the Arab Army and General Allenby 103 00:08:15,720 --> 00:08:20,760 Speaker 4: took Jerusalem and then took Damascus. Psychs Pico got arranged, 104 00:08:20,760 --> 00:08:23,239 Speaker 4: which divided up the whole Middle East, drew new lines 105 00:08:23,280 --> 00:08:24,920 Speaker 4: between the French the great powers. 106 00:08:25,920 --> 00:08:27,080 Speaker 5: It's kind of existed there. 107 00:08:27,240 --> 00:08:29,640 Speaker 4: We said yesterday we had ed Lusan talking about the 108 00:08:29,720 --> 00:08:34,439 Speaker 4: nineteen seventies all embargo, that Arab or embargo, all of 109 00:08:34,440 --> 00:08:37,200 Speaker 4: a sudden Middle East came back front and center into 110 00:08:37,280 --> 00:08:41,839 Speaker 4: American life, which it had not done really ever. And 111 00:08:43,160 --> 00:08:46,960 Speaker 4: then the Iranian hostage crushes, the Persian hostage crushes ended 112 00:08:47,000 --> 00:08:50,200 Speaker 4: the seventies. And here right now President Trump just breaking 113 00:08:50,240 --> 00:08:54,040 Speaker 4: all norms. The thing to focus on he is leading. 114 00:08:54,160 --> 00:09:00,320 Speaker 4: He's saying, look, economics, prosperity can lead to peace. People 115 00:09:00,320 --> 00:09:04,160 Speaker 4: are incentivize and have skin in the game. They will 116 00:09:04,200 --> 00:09:07,720 Speaker 4: have peace. It's the best way to piece. Now, there's 117 00:09:07,800 --> 00:09:10,240 Speaker 4: a lot of things that people are unhappy about, are 118 00:09:10,320 --> 00:09:13,960 Speaker 4: uncomfortable about, us should say we'll see how those work 119 00:09:14,280 --> 00:09:16,360 Speaker 4: a time. One of the ones is particularly something a 120 00:09:16,400 --> 00:09:17,240 Speaker 4: country like cutter. 121 00:09:17,679 --> 00:09:19,400 Speaker 5: It now looks like front and center of all this. 122 00:09:19,600 --> 00:09:22,720 Speaker 4: But he ended as I think it was very smart 123 00:09:22,720 --> 00:09:26,840 Speaker 4: to end with MBZ and the UAE MBZ Mohammed ben 124 00:09:26,960 --> 00:09:31,440 Speaker 4: zaiaed the strongest aline, that's the strongest ally, someone held 125 00:09:31,440 --> 00:09:34,360 Speaker 4: in great respect, that punch his way above their way. 126 00:09:34,360 --> 00:09:36,160 Speaker 4: And you can see the respect President Trump had, and 127 00:09:36,240 --> 00:09:42,960 Speaker 4: some of those ceremonies are deeply profound of what the 128 00:09:43,000 --> 00:09:46,400 Speaker 4: Arab nations were doing, deeply profound of what they think 129 00:09:46,440 --> 00:09:50,880 Speaker 4: of President Trump as a man, as a leader, as 130 00:09:50,880 --> 00:09:53,880 Speaker 4: a leader of a country that has stick to adiness. 131 00:09:53,960 --> 00:09:58,520 Speaker 4: I think the drift of Biden in Obama and Bush 132 00:10:00,000 --> 00:10:05,120 Speaker 4: Clinton reversed started. We started at a small scale in 133 00:10:05,200 --> 00:10:08,680 Speaker 4: the first term because we weren't prepared in the fact 134 00:10:08,720 --> 00:10:12,040 Speaker 4: that we didn't have time to pull teams together and 135 00:10:12,080 --> 00:10:13,920 Speaker 4: have years to do this research. It was a kind 136 00:10:13,920 --> 00:10:17,480 Speaker 4: of a comfort behind victory. But the four years the 137 00:10:17,600 --> 00:10:21,040 Speaker 4: President Trump spent in the wilderness It's going to become 138 00:10:21,120 --> 00:10:23,400 Speaker 4: quite symbolic. People will talk about that one hundred years 139 00:10:23,400 --> 00:10:26,040 Speaker 4: from now. What President Trump thought about, what he learned, 140 00:10:26,320 --> 00:10:31,199 Speaker 4: what he observed, and now what he's putting in place extraordinary. 141 00:10:31,200 --> 00:10:33,640 Speaker 4: At the same time, President Trump is saying, hey, there's 142 00:10:33,640 --> 00:10:36,480 Speaker 4: one hundred and fifty, one hundred and fifty countries that 143 00:10:36,600 --> 00:10:39,480 Speaker 4: Commerce Department treasurer all over of making deals, and he 144 00:10:39,559 --> 00:10:42,760 Speaker 4: kind of put them on the clock. Yo, boys, got 145 00:10:42,800 --> 00:10:44,720 Speaker 4: a couple of weeks. We're just not going to drag 146 00:10:44,760 --> 00:10:49,959 Speaker 4: all this out. Let's get focused. You're you're not going 147 00:10:50,000 --> 00:10:52,400 Speaker 4: to You're not going to be the gating event for 148 00:10:52,440 --> 00:10:55,360 Speaker 4: the United States of America. If if it's not done, 149 00:10:55,400 --> 00:10:56,560 Speaker 4: guess what you're going to pay tariffs? 150 00:10:56,559 --> 00:10:57,000 Speaker 5: You don't sell. 151 00:10:57,080 --> 00:10:59,920 Speaker 4: If you don't decide to sell here, fine take it 152 00:11:00,040 --> 00:11:03,840 Speaker 4: somewhere else. At the same time, working on these major 153 00:11:03,920 --> 00:11:10,479 Speaker 4: deals in East Asia with Japan, Korea, Philippines, Vietnam, Taiwan, India, 154 00:11:10,640 --> 00:11:15,360 Speaker 4: and the Indo Pacific just absolutely extordinate, breathtaking. We started, 155 00:11:15,360 --> 00:11:19,000 Speaker 4: and I wanted to start today because we love showing 156 00:11:19,000 --> 00:11:22,680 Speaker 4: you both the high geopolitical and geostrategic but then get 157 00:11:22,720 --> 00:11:26,040 Speaker 4: into the bows of it, the nuts and bolts and 158 00:11:26,160 --> 00:11:30,400 Speaker 4: right now in the Budget Committee. As we've said, we 159 00:11:30,440 --> 00:11:33,160 Speaker 4: support President Trump's priorities here. We just think that this 160 00:11:33,200 --> 00:11:36,520 Speaker 4: whole mish mash, and this plays to Johnson. You're seeing 161 00:11:36,520 --> 00:11:40,680 Speaker 4: two types of leadership. President Trump stepping into the breach. 162 00:11:40,960 --> 00:11:43,720 Speaker 4: Here's how it's going to be. Bringing people together. But 163 00:11:43,840 --> 00:11:46,800 Speaker 4: people have a sense of stability, and you have these 164 00:11:46,960 --> 00:11:50,400 Speaker 4: you have these munchkins over here on the left kind 165 00:11:50,400 --> 00:11:53,440 Speaker 4: of nipping at his heels. But then you have the 166 00:11:53,480 --> 00:11:56,880 Speaker 4: house with Johnson and I having a career and making 167 00:11:56,920 --> 00:11:59,640 Speaker 4: deals at Goldman Saxs in my own firm. 168 00:12:00,320 --> 00:12:01,760 Speaker 5: It doesn't help to tap. 169 00:12:01,520 --> 00:12:04,000 Speaker 4: People along and kind of mislead them about what's really 170 00:12:04,040 --> 00:12:05,640 Speaker 4: in there and hope it all comes together at the 171 00:12:05,760 --> 00:12:08,360 Speaker 4: end because you have a time constraint. 172 00:12:09,600 --> 00:12:11,280 Speaker 5: It's just not the way. It's not the way President 173 00:12:11,280 --> 00:12:11,800 Speaker 5: Trump rolls. 174 00:12:11,800 --> 00:12:14,520 Speaker 4: It's certainly not the way that you're taught and trained 175 00:12:15,200 --> 00:12:19,040 Speaker 4: to get complex transactions done. And here we are here, 176 00:12:19,080 --> 00:12:21,720 Speaker 4: we aren't a Friday and a budget committee, and he's 177 00:12:21,760 --> 00:12:25,600 Speaker 4: got i don't know, for people who are kind of 178 00:12:25,600 --> 00:12:28,040 Speaker 4: hard nosed, and those people have a lot of credibility 179 00:12:28,559 --> 00:12:33,439 Speaker 4: in this regard. These are people that have historic concerns 180 00:12:33,440 --> 00:12:38,319 Speaker 4: about deficits, and it's just the math we're getting in 181 00:12:38,400 --> 00:12:41,680 Speaker 4: the math that's coming out from independent sources show that 182 00:12:41,720 --> 00:12:45,640 Speaker 4: there hasn't been enough true focus on cutting and where 183 00:12:45,679 --> 00:12:48,080 Speaker 4: there has been cutting in medicaid has been quite frankly 184 00:12:48,760 --> 00:12:51,480 Speaker 4: all over the map. And so that's why this thing, 185 00:12:51,520 --> 00:12:55,800 Speaker 4: it's no need to force something that's terrible just to 186 00:12:55,800 --> 00:12:58,679 Speaker 4: get it through because you're on some sort of deadline. 187 00:13:00,320 --> 00:13:02,320 Speaker 4: Is to get something that works, and then you get 188 00:13:02,360 --> 00:13:05,440 Speaker 4: over to the tax side. I don't think one of 189 00:13:05,480 --> 00:13:09,000 Speaker 4: President Trump's priorities is no tax on social security. This 190 00:13:09,280 --> 00:13:15,840 Speaker 4: four thousand dollars for retirees is not no tax on 191 00:13:15,880 --> 00:13:19,760 Speaker 4: social security. No tax on social security means wait for it, 192 00:13:19,920 --> 00:13:22,600 Speaker 4: watch read my lips. Is that would bush no tax 193 00:13:22,640 --> 00:13:25,160 Speaker 4: on social security. But that's just one of many of 194 00:13:25,160 --> 00:13:27,679 Speaker 4: the problems over there in the tax side. So this 195 00:13:27,720 --> 00:13:30,679 Speaker 4: thing's going together now, President Trump. Here's my concern with this. 196 00:13:31,520 --> 00:13:35,160 Speaker 4: President Trump is redoing the commercial relationships of the world. 197 00:13:36,320 --> 00:13:37,559 Speaker 5: He's bringing world peace. 198 00:13:37,600 --> 00:13:39,720 Speaker 4: Remember, the first part of this is stopped the kinetic 199 00:13:39,800 --> 00:13:40,920 Speaker 4: part of the Third World War. 200 00:13:41,480 --> 00:13:42,400 Speaker 5: The second part. 201 00:13:42,200 --> 00:13:44,880 Speaker 4: Of this is to seal the border and deport ten 202 00:13:44,920 --> 00:13:47,320 Speaker 4: million illegal alien invaders. Which you saw at the court 203 00:13:47,320 --> 00:13:49,880 Speaker 4: and Josh hammerby on later to talk about that. The 204 00:13:49,920 --> 00:13:54,680 Speaker 4: third is to get all this this economic model, financial model, 205 00:13:54,679 --> 00:13:58,000 Speaker 4: this fiasco he was dumped on. So now having spent 206 00:13:58,120 --> 00:14:02,400 Speaker 4: four days, change the direction of the world and particularly 207 00:14:02,640 --> 00:14:05,320 Speaker 4: and tamping down the Third World War, both the nuclear 208 00:14:05,360 --> 00:14:08,160 Speaker 4: weapons with Persia, they got the Ukrainians talking in is 209 00:14:08,280 --> 00:14:09,160 Speaker 4: Dan Bull right now. 210 00:14:09,040 --> 00:14:09,760 Speaker 5: With the Russians. 211 00:14:10,440 --> 00:14:12,839 Speaker 4: He's he's got the tariff to totally redoing of the 212 00:14:12,840 --> 00:14:16,840 Speaker 4: commercial relationships of the world. Fifty companies and countries include 213 00:14:16,840 --> 00:14:18,079 Speaker 4: the Chinese comedies party. 214 00:14:18,760 --> 00:14:21,360 Speaker 5: He flies back, He gets back near midnight tonight. 215 00:14:21,080 --> 00:14:22,800 Speaker 4: And I will tell you that it is a brutal 216 00:14:23,040 --> 00:14:26,640 Speaker 4: flight back on a very uncomfortable aircraft that happens to 217 00:14:26,640 --> 00:14:29,240 Speaker 4: be a military command center. It's not a luxury aircraft. 218 00:14:29,760 --> 00:14:32,360 Speaker 4: He gets back and what is he don's what's what's 219 00:14:32,400 --> 00:14:35,720 Speaker 4: he got? He's got a fiasco created by Johnson and 220 00:14:35,800 --> 00:14:38,320 Speaker 4: these clowns in the house that he's going to have 221 00:14:38,360 --> 00:14:41,920 Speaker 4: to sort out. Can anybody do anything that they don't 222 00:14:41,960 --> 00:14:45,960 Speaker 4: need to depend upon Trump? Can anybody just accomplish something 223 00:14:46,000 --> 00:14:48,560 Speaker 4: and say, hey, you gave us marching orders, here's. 224 00:14:48,360 --> 00:14:50,880 Speaker 5: What we did. We don't need you involved. 225 00:14:51,040 --> 00:14:53,800 Speaker 4: Because now solving the problems of the world, he's got 226 00:14:53,800 --> 00:14:55,760 Speaker 4: to solve the problems of the Republican Party. 227 00:14:55,880 --> 00:15:02,080 Speaker 5: Up on the hill, short break, here's your host, Stephen 228 00:15:02,160 --> 00:15:02,840 Speaker 5: k back. 229 00:15:05,280 --> 00:15:08,040 Speaker 4: Uh Semopore's got a great article about the bond market, 230 00:15:08,160 --> 00:15:11,640 Speaker 4: about the ten year treasury pushing up near four point 231 00:15:11,640 --> 00:15:13,960 Speaker 4: five percent. Maybe over they're going to get a vote. 232 00:15:14,360 --> 00:15:17,440 Speaker 4: We talk about the Liz Trust situation. That's not gonna happen, 233 00:15:17,520 --> 00:15:21,280 Speaker 4: but it's reacting not to the trade deals, it's reacting 234 00:15:21,320 --> 00:15:22,520 Speaker 4: to the spending. 235 00:15:23,720 --> 00:15:27,440 Speaker 5: Let's let's be honest about this. Birch Gold dot Com. 236 00:15:27,480 --> 00:15:32,000 Speaker 4: The Road to Rio, the Rio Reset seventh free installment, 237 00:15:32,080 --> 00:15:34,520 Speaker 4: get it, read it. We're gonna have the Road to 238 00:15:34,600 --> 00:15:37,600 Speaker 4: Rio every other day from now until actually real. The 239 00:15:37,600 --> 00:15:41,320 Speaker 4: bricks nations, many of whom are not our friends, are 240 00:15:41,320 --> 00:15:43,320 Speaker 4: there to figure out how to get off the US dollar. 241 00:15:44,080 --> 00:15:45,160 Speaker 5: Make sure you understand that. 242 00:15:45,280 --> 00:15:48,200 Speaker 4: Make sure you understand the price of why, the process 243 00:15:48,240 --> 00:15:50,760 Speaker 4: of why gold is a hedge. Birch Gold dot com 244 00:15:50,760 --> 00:15:53,720 Speaker 4: promo code Bannon check it out. Get to know Philipatrick 245 00:15:53,760 --> 00:15:55,920 Speaker 4: and the team. 246 00:15:56,160 --> 00:15:57,320 Speaker 5: They're the Budget Committee. 247 00:15:57,320 --> 00:15:59,800 Speaker 4: As soon as we see something fascinating and if Grace 248 00:15:59,840 --> 00:16:02,160 Speaker 4: you livestream that on the other channels people can dip 249 00:16:02,160 --> 00:16:04,160 Speaker 4: in and out of it. We will, we're monitoring it 250 00:16:04,760 --> 00:16:08,080 Speaker 4: right now. Four no votes on the committee itself by Republicans. 251 00:16:08,080 --> 00:16:10,680 Speaker 4: That means it's a if that was the whole it 252 00:16:10,800 --> 00:16:12,520 Speaker 4: doesn't come out of committee. We'll have to see what 253 00:16:12,520 --> 00:16:14,080 Speaker 4: happens to the all day I think it's an all 254 00:16:14,160 --> 00:16:17,960 Speaker 4: day markup. But the mass still doesn't work. But we'll 255 00:16:17,960 --> 00:16:20,840 Speaker 4: figure out. Maybe they come up with some solutions. Who knows, 256 00:16:20,920 --> 00:16:24,120 Speaker 4: they've got a thing called reverse the Curse. It's a 257 00:16:24,200 --> 00:16:27,120 Speaker 4: Jimmy Madison James Madison quote that a public debt is 258 00:16:27,160 --> 00:16:30,880 Speaker 4: a public curse. Do you think they were a little divided, 259 00:16:31,040 --> 00:16:32,960 Speaker 4: And this is what I said, don't think the Founding 260 00:16:33,000 --> 00:16:35,680 Speaker 4: father the Revolutionary generation, the Founding Fathers, it was a 261 00:16:35,720 --> 00:16:36,240 Speaker 4: group hug. 262 00:16:36,400 --> 00:16:36,960 Speaker 5: No, it was not. 263 00:16:37,760 --> 00:16:40,120 Speaker 4: There were many of those guys that hated each other. 264 00:16:40,440 --> 00:16:46,040 Speaker 4: Hate it, good old fashioned old testament hate. Hamilton and Jefferson, 265 00:16:47,240 --> 00:16:52,480 Speaker 4: Jefferson and Adams. Jimmy is saying that, hey, public debt's 266 00:16:52,520 --> 00:16:54,840 Speaker 4: a public curse. They've got a thing going on, reverse 267 00:16:54,880 --> 00:16:57,440 Speaker 4: the curse over the Budget Committee to try to figure 268 00:16:57,440 --> 00:17:00,880 Speaker 4: out this national debt. Hamilton was the one that was 269 00:17:00,920 --> 00:17:02,880 Speaker 4: a contrarian said, no, if we want to become a 270 00:17:02,920 --> 00:17:06,080 Speaker 4: manufacturing superpower, we have to have credit. The way we 271 00:17:06,119 --> 00:17:09,439 Speaker 4: have creditors, we roll up all the revolutionary debts from 272 00:17:09,480 --> 00:17:12,359 Speaker 4: the States, make it one big thing, and then start 273 00:17:12,400 --> 00:17:17,600 Speaker 4: refinancing it in global capital markets. Remember, the American Revolution 274 00:17:17,800 --> 00:17:20,640 Speaker 4: started about taxes paying for the French and Indian War. 275 00:17:20,800 --> 00:17:22,880 Speaker 4: The British Parliament thought we ought to throw a little 276 00:17:22,880 --> 00:17:25,520 Speaker 4: something into the kitty. The Americans thought, we already threw 277 00:17:25,600 --> 00:17:29,199 Speaker 4: enough into the kitty, and to win our revolution we 278 00:17:29,280 --> 00:17:33,160 Speaker 4: needed a big assist by the French. The French went 279 00:17:33,200 --> 00:17:34,760 Speaker 4: doing it because they loved us. They were doing it 280 00:17:34,760 --> 00:17:37,560 Speaker 4: because they were at war with England. And the payment 281 00:17:37,640 --> 00:17:41,320 Speaker 4: and figuring out how to pay for those bonds is 282 00:17:41,359 --> 00:17:46,560 Speaker 4: what brought on the French Revolution. So this is all interconnected, folks. 283 00:17:46,560 --> 00:17:50,200 Speaker 4: The Budget Committee today tays, Gail, you spent correct me 284 00:17:50,240 --> 00:17:55,520 Speaker 4: if I'm wrong, brother, sixteen deployments as a gunman for 285 00:17:55,600 --> 00:18:00,720 Speaker 4: the United States in six interac ten in Afghanistan as 286 00:18:00,760 --> 00:18:04,200 Speaker 4: a tip of the spear combat veteran. Your assessment of 287 00:18:04,280 --> 00:18:09,160 Speaker 4: President Trump's tour of the Middle East this week, sir. 288 00:18:10,960 --> 00:18:12,040 Speaker 3: Yeah, that's right, Steve. 289 00:18:13,040 --> 00:18:14,520 Speaker 11: I was going back and forth between our ack in 290 00:18:14,520 --> 00:18:18,679 Speaker 11: Afghanistan between two thousand and one up until twenty fourteen, 291 00:18:19,000 --> 00:18:22,960 Speaker 11: and I am very excited about what Trump's doing in 292 00:18:22,960 --> 00:18:25,720 Speaker 11: the Middle East. The problem with the wars in the 293 00:18:25,760 --> 00:18:27,520 Speaker 11: Middle East is we're not allowed to win them. 294 00:18:27,560 --> 00:18:31,000 Speaker 3: They just they're forever wars. They just go on forever. 295 00:18:31,160 --> 00:18:38,080 Speaker 11: And at one time we were catching the same terrorists 296 00:18:37,720 --> 00:18:40,880 Speaker 11: on one deployment. We would catch them multiple times because 297 00:18:40,880 --> 00:18:42,720 Speaker 11: it was it got turned into a catch and release 298 00:18:42,760 --> 00:18:46,280 Speaker 11: program because the politics were so heavy and during the 299 00:18:46,320 --> 00:18:48,240 Speaker 11: war and at the beginning of the war, I was 300 00:18:48,280 --> 00:18:50,720 Speaker 11: so gung ho to go over there, one because I 301 00:18:50,760 --> 00:18:52,680 Speaker 11: was a young seal and I wanted to get into combat, 302 00:18:52,680 --> 00:18:57,159 Speaker 11: but two because of nine to eleven. And then around 303 00:18:57,240 --> 00:18:59,640 Speaker 11: the time Benghazi happened, I saw I started I started 304 00:18:59,680 --> 00:19:00,360 Speaker 11: realizing that. 305 00:19:00,280 --> 00:19:02,000 Speaker 3: There was a lot of politics in these wars. It 306 00:19:02,000 --> 00:19:02,840 Speaker 3: shouldn't be there. 307 00:19:03,480 --> 00:19:06,600 Speaker 11: And I saw Trump said, we're done with nation building 308 00:19:06,640 --> 00:19:08,720 Speaker 11: and we're done with telling people how to live. 309 00:19:09,400 --> 00:19:12,720 Speaker 3: That's amazing, because we're doing it all wrong. 310 00:19:12,800 --> 00:19:16,000 Speaker 11: We start the nation building and we start telling people 311 00:19:16,080 --> 00:19:19,320 Speaker 11: how to live their lives. During the middle of the war, 312 00:19:19,920 --> 00:19:23,320 Speaker 11: we're supposed to win the war and then bring peace, 313 00:19:23,640 --> 00:19:25,640 Speaker 11: and then we could nation build, and then we. 314 00:19:25,640 --> 00:19:29,080 Speaker 3: Could influence people how to live. But we try to 315 00:19:29,080 --> 00:19:29,640 Speaker 3: do it all at. 316 00:19:29,560 --> 00:19:33,520 Speaker 11: Once, it doesn't work out, and it's just a money 317 00:19:33,560 --> 00:19:38,240 Speaker 11: making machine for the military industrial complex, which Eisenhower warned 318 00:19:38,320 --> 00:19:39,840 Speaker 11: us about at the end of World War Two. 319 00:19:39,880 --> 00:19:41,000 Speaker 3: That's all these wars about. 320 00:19:42,320 --> 00:19:44,600 Speaker 11: I saw the welcome Trump got in sada Arabia and 321 00:19:44,640 --> 00:19:48,119 Speaker 11: the United Arab Emirates and Qatar, and it was amazing. 322 00:19:48,520 --> 00:19:52,240 Speaker 11: They're calling him the president of presidents, the king of kings, 323 00:19:52,280 --> 00:19:53,760 Speaker 11: the president of the world. 324 00:19:54,680 --> 00:19:55,560 Speaker 3: He's exactly right. 325 00:19:55,600 --> 00:19:58,800 Speaker 11: We need to let these people live their lives how 326 00:19:58,840 --> 00:20:02,840 Speaker 11: they want and the way we should be showing. We 327 00:20:02,840 --> 00:20:05,439 Speaker 11: should actually be showing them how to live instead of 328 00:20:05,480 --> 00:20:06,440 Speaker 11: telling them how to live. 329 00:20:06,800 --> 00:20:09,320 Speaker 3: We need to focus on America. We need to make 330 00:20:09,400 --> 00:20:10,560 Speaker 3: America thrive. 331 00:20:11,400 --> 00:20:14,639 Speaker 11: We need to make this place the ultimate place for 332 00:20:14,760 --> 00:20:19,560 Speaker 11: prosperity for Americans and freedom for Americans. And that's how 333 00:20:19,560 --> 00:20:21,920 Speaker 11: you show other people how to live, and then they 334 00:20:21,920 --> 00:20:25,800 Speaker 11: will they will by us leading by example, they will 335 00:20:25,920 --> 00:20:29,359 Speaker 11: want to become like us. Instead of going over there 336 00:20:29,520 --> 00:20:33,640 Speaker 11: invading them, not winning, and then trying to force them 337 00:20:33,960 --> 00:20:36,760 Speaker 11: our policies on them through the state Department and the 338 00:20:36,880 --> 00:20:37,440 Speaker 11: USA I D. 339 00:20:37,640 --> 00:20:39,360 Speaker 3: And that's what we've been doing for decades. 340 00:20:39,400 --> 00:20:42,479 Speaker 11: And it does in the policies, and the polities are 341 00:20:42,520 --> 00:20:45,680 Speaker 11: all lgbt the policies are all LGBTQ. 342 00:20:46,080 --> 00:20:49,240 Speaker 4: And is all this all this progressive will crap that 343 00:20:49,359 --> 00:20:51,560 Speaker 4: these cultures are just not going to take? Does it 344 00:20:51,600 --> 00:20:53,439 Speaker 4: concern you I'm going to turn to coffee in a second. 345 00:20:53,440 --> 00:20:56,520 Speaker 4: Does it concern you that some of the nations that 346 00:20:56,560 --> 00:21:01,639 Speaker 4: were underwriting the worst extremest elements of radical jiha? Do 347 00:21:01,680 --> 00:21:03,879 Speaker 4: you think they've corrected themselves? Do you think they're not 348 00:21:04,000 --> 00:21:06,920 Speaker 4: doing that? I mean, you were fighting over there, bad 349 00:21:06,960 --> 00:21:09,600 Speaker 4: own Braids that got money from from a lot of 350 00:21:09,600 --> 00:21:10,960 Speaker 4: these guys, particularly Cutter. 351 00:21:11,640 --> 00:21:14,239 Speaker 5: Are you in certain elements in Saudi Arabia? Are you 352 00:21:14,320 --> 00:21:14,640 Speaker 5: are you. 353 00:21:14,680 --> 00:21:16,680 Speaker 4: Concerned about that? Do you think President Trump's got a 354 00:21:16,720 --> 00:21:17,680 Speaker 4: plan to work that through? 355 00:21:19,160 --> 00:21:22,480 Speaker 11: I am concerned about it, and especially in Syria, we 356 00:21:22,560 --> 00:21:26,600 Speaker 11: have a former Isis commander who's cutting people's heads off. 357 00:21:26,600 --> 00:21:29,840 Speaker 11: He's not he's not running Syria. But I trust Trump 358 00:21:30,040 --> 00:21:33,600 Speaker 11: and that's the bottom line. He's got a plan. He's 359 00:21:33,840 --> 00:21:37,639 Speaker 11: he's an amazing guy. Everything he does it turns the gold. 360 00:21:37,760 --> 00:21:39,480 Speaker 11: Look they try to put him in jail. They try 361 00:21:39,520 --> 00:21:42,119 Speaker 11: to kill him. They couldn't do it. He just arrived 362 00:21:42,119 --> 00:21:44,520 Speaker 11: over in the Middle East and he was treated like 363 00:21:44,680 --> 00:21:49,480 Speaker 11: a actual king. They're giving him airplanes, parades. It's it's 364 00:21:49,520 --> 00:21:51,399 Speaker 11: incredible in what's going on in the Middle East. So 365 00:21:52,160 --> 00:21:54,600 Speaker 11: I believe Trump has a plan. Yes, I am concerned 366 00:21:54,640 --> 00:21:57,520 Speaker 11: about the extremists in a lot of these countries. 367 00:21:58,040 --> 00:22:00,000 Speaker 3: But I think Trump has a. 368 00:22:00,320 --> 00:22:04,119 Speaker 11: And I am willing to just sit back, watch and 369 00:22:04,160 --> 00:22:05,280 Speaker 11: trust him because. 370 00:22:09,000 --> 00:22:12,080 Speaker 4: Before he turned the Warpath coffee, Yes or no? Is 371 00:22:12,119 --> 00:22:13,280 Speaker 4: this what you voted for? 372 00:22:14,720 --> 00:22:14,960 Speaker 3: Yes? 373 00:22:16,400 --> 00:22:19,960 Speaker 4: Okay, fine, talk to me about And by the way, 374 00:22:20,040 --> 00:22:22,280 Speaker 4: this guy's got skin in the game, a lot of skin. 375 00:22:23,760 --> 00:22:26,960 Speaker 4: Talk to me about my Warpath coffee. Actually, first time 376 00:22:27,000 --> 00:22:31,200 Speaker 4: I got it, somebody brought I got some CA cups. 377 00:22:31,480 --> 00:22:34,399 Speaker 4: The Ca cups are amazing, war Path and it's the 378 00:22:34,440 --> 00:22:36,919 Speaker 4: compliments I've gotten from people around town this week that 379 00:22:36,960 --> 00:22:39,359 Speaker 4: we've given some of the bags out to people are 380 00:22:39,359 --> 00:22:43,399 Speaker 4: coming back the Champagne of coffee. You have broken, you, 381 00:22:43,600 --> 00:22:47,000 Speaker 4: Tage Gil single Handley have broken this because people realize, 382 00:22:47,040 --> 00:22:48,800 Speaker 4: why do I put cream and sugar in the coffee? 383 00:22:49,000 --> 00:22:51,480 Speaker 4: I put cream and sugar in coffee to cut the 384 00:22:51,600 --> 00:22:55,280 Speaker 4: ascidizen to cut the acid, you know, the the acid 385 00:22:55,400 --> 00:22:58,640 Speaker 4: like taste of it, like the bitterness of certain national 386 00:22:58,680 --> 00:23:02,639 Speaker 4: brands that happened to be green. You've done away with 387 00:23:02,680 --> 00:23:04,640 Speaker 4: that and people love it. Talk to me about the coffee. 388 00:23:04,640 --> 00:23:06,040 Speaker 4: What are your new offerings? 389 00:23:07,200 --> 00:23:08,040 Speaker 3: Yeah, right right now. 390 00:23:08,080 --> 00:23:12,240 Speaker 11: The newest thing we have is are these mugs wake up, Win, repeat, 391 00:23:12,280 --> 00:23:14,399 Speaker 11: and then we have one with the rules. It says 392 00:23:14,400 --> 00:23:18,000 Speaker 11: never lose, win everything, conquer any, conquer everything. That's the 393 00:23:18,080 --> 00:23:20,959 Speaker 11: rules to lid by. One thing I want to say, though, 394 00:23:21,000 --> 00:23:24,720 Speaker 11: Steve is I have not done it single Hendley. With 395 00:23:25,040 --> 00:23:28,320 Speaker 11: your help and the war Room Posse's help, we've grown 396 00:23:28,359 --> 00:23:31,760 Speaker 11: this company and now we're making huge amounts of this 397 00:23:31,920 --> 00:23:35,920 Speaker 11: incredible coffee. So the Warrem Posse and you are were 398 00:23:36,320 --> 00:23:38,240 Speaker 11: major hand in all this still. 399 00:23:38,000 --> 00:23:38,520 Speaker 3: To this day. 400 00:23:38,680 --> 00:23:43,560 Speaker 11: So the website is Warpath dot Coffee and use forward 401 00:23:43,600 --> 00:23:47,960 Speaker 11: slash Bannon I'm sorry, forward slash war Room and that'll 402 00:23:47,960 --> 00:23:50,000 Speaker 11: take you to a landing page that is especially for 403 00:23:50,119 --> 00:23:55,080 Speaker 11: the Warroom Posse to Warpath Dot Coffee, Forward slash war 404 00:23:55,200 --> 00:23:57,760 Speaker 11: Room and we're doing twenty percent off right now for 405 00:23:57,800 --> 00:23:58,600 Speaker 11: the war Room Posse. 406 00:23:58,880 --> 00:24:00,640 Speaker 3: Then it goes back and forth. 407 00:24:00,720 --> 00:24:02,840 Speaker 11: Usually between fifteen and twenty percent, but it's twenty percent 408 00:24:02,880 --> 00:24:05,880 Speaker 11: off and we are Last night I looked and we're 409 00:24:05,920 --> 00:24:09,960 Speaker 11: at ninety eight hundred five star reviews, so we're almost 410 00:24:09,960 --> 00:24:12,560 Speaker 11: about to break the ten thousand, ten thousand review mark. 411 00:24:12,600 --> 00:24:15,600 Speaker 11: And it's pretty it's it's pretty big for having that 412 00:24:15,680 --> 00:24:18,000 Speaker 11: our website. Usually you only see those kind of numbers 413 00:24:18,080 --> 00:24:19,840 Speaker 11: on an Amazon store, and. 414 00:24:19,800 --> 00:24:20,680 Speaker 3: That's on our website. 415 00:24:20,720 --> 00:24:23,720 Speaker 11: And yes, we don't pay anybody to give us those reviews. 416 00:24:24,000 --> 00:24:26,600 Speaker 11: We just send out an email chain after you buy 417 00:24:26,640 --> 00:24:31,159 Speaker 11: from us, and only thirteen percent of the people answer 418 00:24:31,200 --> 00:24:33,200 Speaker 11: the email and give us a review. 419 00:24:33,320 --> 00:24:37,360 Speaker 3: So it's talk about love about it forward slash war room. 420 00:24:37,600 --> 00:24:41,040 Speaker 4: Yeah, here's what I love about it is that the 421 00:24:41,080 --> 00:24:42,680 Speaker 4: people coming back to me are. 422 00:24:44,000 --> 00:24:46,600 Speaker 5: Coffee aficionados. I mean they're the. 423 00:24:46,560 --> 00:24:48,280 Speaker 4: Ones up at dawn, up at five o'clock in the 424 00:24:48,280 --> 00:24:51,359 Speaker 4: morning putting a pot on. These people know coffee and 425 00:24:51,359 --> 00:24:53,439 Speaker 4: they drink great coffee, and they're sitting here going this 426 00:24:53,480 --> 00:24:56,480 Speaker 4: is extraordinary. So you've just done an incredible, incredible job. 427 00:24:56,560 --> 00:24:59,520 Speaker 4: And yes, the world posse loves it. Been their supportive, 428 00:24:59,600 --> 00:25:02,280 Speaker 4: going to be even more supportive in the future. I 429 00:25:02,640 --> 00:25:06,639 Speaker 4: obviously love it. And remember the dark Ross Mariners Blend 430 00:25:06,640 --> 00:25:08,719 Speaker 4: the one I worked on specifically with Tage. I think 431 00:25:08,760 --> 00:25:11,560 Speaker 4: it was eighteen months of back and forth into a 432 00:25:11,560 --> 00:25:14,040 Speaker 4: absolutely perfect and we said this is it's that's the 433 00:25:14,160 --> 00:25:17,200 Speaker 4: level of diligence. Talk real quickly, give us thirty seconds 434 00:25:17,240 --> 00:25:19,239 Speaker 4: on how you roast this, because everybody asked me about this. 435 00:25:19,400 --> 00:25:21,480 Speaker 5: How do you roast this? It's different than anybody else. 436 00:25:23,640 --> 00:25:26,119 Speaker 11: Yeah, Well, first off, we use premium beans, so we 437 00:25:26,160 --> 00:25:28,480 Speaker 11: don't buy cheap beans that you can get for a 438 00:25:28,520 --> 00:25:32,400 Speaker 11: dollar pound. We're actually buying premium level green beans. 439 00:25:32,680 --> 00:25:33,520 Speaker 3: That's how we start out. 440 00:25:33,560 --> 00:25:36,760 Speaker 11: And then we roast it on a perforated drum, and 441 00:25:36,800 --> 00:25:39,440 Speaker 11: by doing that, we don't bring. 442 00:25:39,200 --> 00:25:42,040 Speaker 3: The beans at all. So a lot of times when 443 00:25:42,040 --> 00:25:44,120 Speaker 3: you use a solid drum. 444 00:25:43,880 --> 00:25:46,119 Speaker 11: Even if you roast most of the bean, if you 445 00:25:46,160 --> 00:25:49,160 Speaker 11: caramelize it, the tips of the beans get burnt. It's 446 00:25:49,160 --> 00:25:53,120 Speaker 11: called tipping, and that creates acidity and bitterness, and that's 447 00:25:53,119 --> 00:25:55,800 Speaker 11: why you need milk and sugar with those coffees. 448 00:25:55,840 --> 00:25:58,320 Speaker 3: So we caramelize our beans. 449 00:25:58,320 --> 00:26:00,960 Speaker 11: They don't carbonize it, so we don't basically we don't 450 00:26:00,960 --> 00:26:02,120 Speaker 11: turn our beans into chuckles. 451 00:26:02,200 --> 00:26:03,840 Speaker 3: We make them nice and. 452 00:26:03,760 --> 00:26:07,440 Speaker 11: Golden brown, and that's how we get rid of the 453 00:26:07,560 --> 00:26:11,199 Speaker 11: acidic taste and the bitterness, and that's why it's so smooth. 454 00:26:12,280 --> 00:26:14,840 Speaker 11: We roasted on a perforated drum, and the drum is 455 00:26:14,880 --> 00:26:16,920 Speaker 11: actually it's the actual drum. 456 00:26:16,680 --> 00:26:17,160 Speaker 3: In the machine. 457 00:26:17,160 --> 00:26:20,000 Speaker 11: It's an old school burns drum, and then it's in 458 00:26:20,280 --> 00:26:21,720 Speaker 11: the rest of the machine it's modernized. 459 00:26:21,760 --> 00:26:24,560 Speaker 3: So that is how we make it taste so good. 460 00:26:25,000 --> 00:26:27,520 Speaker 11: It's a roasting technique we use and most most roasters 461 00:26:27,560 --> 00:26:29,439 Speaker 11: don't do that. So that's why when you go to 462 00:26:29,480 --> 00:26:33,919 Speaker 11: a restaurant or a coffee shop, they offer you cream, sugar 463 00:26:33,960 --> 00:26:35,840 Speaker 11: and all the all this stuff in there and which 464 00:26:35,880 --> 00:26:37,920 Speaker 11: you don't need, so you can drink our coffee straight 465 00:26:37,960 --> 00:26:40,360 Speaker 11: black and make it healthy. 466 00:26:41,000 --> 00:26:42,640 Speaker 5: Where are they go? Tage, We got to bounce where 467 00:26:42,640 --> 00:26:42,879 Speaker 5: they go? 468 00:26:44,520 --> 00:26:49,800 Speaker 11: Warpath Dot Coffee Forward slash war Room. 469 00:26:50,040 --> 00:26:53,600 Speaker 4: Love you brother, you taught gone, Your gunman taught himself. 470 00:26:53,720 --> 00:26:57,280 Speaker 4: New Tricks became one of the great coffee companies around 471 00:26:57,359 --> 00:27:01,200 Speaker 4: short break back in the Worm with Brawn, Life or Death. 472 00:27:02,320 --> 00:27:05,159 Speaker 10: I challenge my Republican colleagues to come and meet with 473 00:27:05,200 --> 00:27:09,360 Speaker 10: some of my constituents. Perhaps you represent a different segment 474 00:27:09,480 --> 00:27:10,200 Speaker 10: of America. 475 00:27:10,880 --> 00:27:13,760 Speaker 4: Okay continues to go on the Democrats continue to make 476 00:27:13,800 --> 00:27:16,800 Speaker 4: speeches people that didn't touch this forever. President Trump's got 477 00:27:16,840 --> 00:27:20,320 Speaker 4: true social out mentions, grandstandards. Mister President, I don't think 478 00:27:20,320 --> 00:27:23,080 Speaker 4: these folks are grand standing Democrats are forget that. I'm 479 00:27:23,080 --> 00:27:25,640 Speaker 4: talking with people. The math simply doesn't work right now. 480 00:27:26,560 --> 00:27:30,679 Speaker 4: There hasn't been smart cuts, haven't been enough cuts. Just 481 00:27:30,920 --> 00:27:33,160 Speaker 4: look at the look at independent to do any assessment. 482 00:27:33,240 --> 00:27:36,040 Speaker 4: Let's let's have O and B what russ Volt's saying 483 00:27:37,040 --> 00:27:40,639 Speaker 4: for showing people, because what we want to do is 484 00:27:40,680 --> 00:27:43,080 Speaker 4: make our own decisions. How the president make his own 485 00:27:43,160 --> 00:27:46,760 Speaker 4: decisions and not have pressure from the bond market, which 486 00:27:46,760 --> 00:27:50,040 Speaker 4: we're going to have. You already haven't it's already almost 487 00:27:50,080 --> 00:27:52,119 Speaker 4: at four point five percent. And that is not related 488 00:27:52,119 --> 00:27:56,000 Speaker 4: to President Trump's restructuring of the commercial relationships of the 489 00:27:56,000 --> 00:28:01,000 Speaker 4: world to benefit American citizens as it should. Since the waiter, 490 00:28:01,040 --> 00:28:02,560 Speaker 4: everything's on your shoulders. 491 00:28:03,080 --> 00:28:03,800 Speaker 5: But you just saw. 492 00:28:03,880 --> 00:28:06,560 Speaker 4: But the true socialy just gave from the plane. He's 493 00:28:06,560 --> 00:28:09,560 Speaker 4: going to have to get involved, right What he's saying 494 00:28:09,600 --> 00:28:10,960 Speaker 4: is that I don't want to get involved on want 495 00:28:10,960 --> 00:28:15,119 Speaker 4: you guys take care of it. Take care of it now. 496 00:28:16,280 --> 00:28:20,560 Speaker 4: So the fiascos we talked about is upon us. There's 497 00:28:20,560 --> 00:28:23,680 Speaker 4: an article up in Axios. The lead story talks about 498 00:28:23,680 --> 00:28:25,880 Speaker 4: the second hundred days, and I make the point that 499 00:28:25,960 --> 00:28:28,959 Speaker 4: this is more important than the first hundred because this 500 00:28:29,040 --> 00:28:33,800 Speaker 4: is where his legacy will be codified on a number 501 00:28:33,800 --> 00:28:35,960 Speaker 4: of things. Number One, the Big Beautiful Bill or the 502 00:28:36,040 --> 00:28:39,760 Speaker 4: legislative part of the economics will basically set the stage 503 00:28:40,480 --> 00:28:44,600 Speaker 4: for his entire third term with the tax cuts and 504 00:28:44,640 --> 00:28:49,320 Speaker 4: particularly the trajectory of deficits in deficit reduction. 505 00:28:50,280 --> 00:28:51,440 Speaker 5: So that's that middle line. 506 00:28:51,920 --> 00:28:54,640 Speaker 4: Number two is stopping thetic the kinetic part of the 507 00:28:54,640 --> 00:28:59,040 Speaker 4: Third World War, which a magnificent start, are really kind 508 00:28:59,080 --> 00:29:01,520 Speaker 4: of second step sweak in the Middle East, more of 509 00:29:01,600 --> 00:29:02,440 Speaker 4: that to continue. 510 00:29:03,720 --> 00:29:04,920 Speaker 5: Then you've got the deportation. 511 00:29:05,000 --> 00:29:06,880 Speaker 4: So what he's trying to do, and that's leading us 512 00:29:06,920 --> 00:29:09,960 Speaker 4: to the constitutional crisis of his powers as Article two 513 00:29:10,080 --> 00:29:13,160 Speaker 4: powers to actually do this Commander in chief, and that 514 00:29:13,280 --> 00:29:15,000 Speaker 4: is Josh Hammer is going to be on whether us 515 00:29:15,040 --> 00:29:16,560 Speaker 4: that's turns out what the argument you have to say 516 00:29:16,600 --> 00:29:19,720 Speaker 4: the court was about. And this is hurtling, I think, 517 00:29:19,760 --> 00:29:23,680 Speaker 4: to a constitutional crisis, particularly when President Trump write this 518 00:29:23,800 --> 00:29:26,480 Speaker 4: down with your number two pencil, because you're here here 519 00:29:26,520 --> 00:29:26,760 Speaker 4: for us. 520 00:29:26,840 --> 00:29:27,600 Speaker 5: A couple of weeks. 521 00:29:27,440 --> 00:29:30,080 Speaker 4: Ago when we've got DC drayna On, I believe they're 522 00:29:30,080 --> 00:29:32,200 Speaker 4: going to be suspending the rid of habeas corpus. He's 523 00:29:32,240 --> 00:29:34,840 Speaker 4: going to have to because these courts are going to 524 00:29:34,880 --> 00:29:36,120 Speaker 4: continue to try to jam him up. 525 00:29:36,760 --> 00:29:38,200 Speaker 5: Hey, let me get Dave Brett in here. 526 00:29:38,280 --> 00:29:40,360 Speaker 4: Dave, the Budget Committee right now, there's three or four 527 00:29:40,800 --> 00:29:43,480 Speaker 4: votes not out there. There's probably pressure, they're getting phone calls, 528 00:29:43,880 --> 00:29:45,000 Speaker 4: but let's just step back. 529 00:29:45,720 --> 00:29:47,240 Speaker 5: Does the math work here? 530 00:29:47,400 --> 00:29:51,120 Speaker 4: From President Trump's overall objective and this comes from President 531 00:29:51,120 --> 00:29:55,760 Speaker 4: Trump and his Treasury secretary. This is not a constructive 532 00:29:55,800 --> 00:29:59,160 Speaker 4: war room or Steve Bannon. This is theirs six and 533 00:29:59,240 --> 00:30:02,320 Speaker 4: a half percent a deficits with six and a half 534 00:30:02,400 --> 00:30:04,600 Speaker 4: seven percent because of what Biden did to the country 535 00:30:04,920 --> 00:30:06,000 Speaker 4: to get it down to three. 536 00:30:05,880 --> 00:30:06,560 Speaker 5: And a half percent. 537 00:30:06,560 --> 00:30:07,960 Speaker 4: You're not going to get to a balanced budget, but 538 00:30:07,960 --> 00:30:10,320 Speaker 4: at least get the deficit to three and a half percent. 539 00:30:11,040 --> 00:30:14,760 Speaker 4: Anything that doesn't get us there has got to be jettisoned. 540 00:30:15,320 --> 00:30:17,480 Speaker 4: Do you think right now where we see this that 541 00:30:17,520 --> 00:30:23,280 Speaker 4: we're making progress, Dave brad you've been in those rooms before, sir, No. 542 00:30:23,440 --> 00:30:27,200 Speaker 9: This was you know, you opened up with Trump, who 543 00:30:27,280 --> 00:30:30,280 Speaker 9: you know, strides the world like a colossus or whatever 544 00:30:30,440 --> 00:30:30,560 Speaker 9: you know. 545 00:30:30,680 --> 00:30:34,720 Speaker 10: I mean, everybody is deferring to him globally. And when he. 546 00:30:34,760 --> 00:30:37,640 Speaker 9: Came in on the tariff deal, you saw the huge 547 00:30:37,680 --> 00:30:41,040 Speaker 9: amount of deference the American people paid to him and 548 00:30:41,160 --> 00:30:43,920 Speaker 9: gave him a shot to work things out. And so 549 00:30:44,160 --> 00:30:47,120 Speaker 9: the House the math doesn't work because the math is 550 00:30:47,200 --> 00:30:48,280 Speaker 9: just a bunch of gimmicks. 551 00:30:48,680 --> 00:30:50,480 Speaker 10: The more you look under the hood at this thing. 552 00:30:50,560 --> 00:30:52,800 Speaker 9: Kim Strassel's got a great piece in the Wall Street 553 00:30:52,880 --> 00:30:55,800 Speaker 9: Journal today. So I ripped their heads off yesterday, but 554 00:30:55,840 --> 00:30:58,800 Speaker 9: that's she starts off. The whole opening gambit was just 555 00:30:58,880 --> 00:31:02,200 Speaker 9: one point five trillion. And then the moderates, they're always 556 00:31:02,240 --> 00:31:06,160 Speaker 9: called moderates. The moderates are not orthodox Republicans. You should 557 00:31:06,160 --> 00:31:09,000 Speaker 9: hear all the stuff they're asking for. You heard yesterday 558 00:31:09,000 --> 00:31:13,719 Speaker 9: we're going to fund trans sex changes in a Republican 559 00:31:13,920 --> 00:31:15,400 Speaker 9: orthodox conservative bill. 560 00:31:15,520 --> 00:31:18,080 Speaker 10: I mean, you've got to be kidd me. So the 561 00:31:18,120 --> 00:31:19,160 Speaker 10: math is all gimmicky. 562 00:31:19,600 --> 00:31:21,760 Speaker 9: Strassele's got a good piece of political has got a 563 00:31:21,760 --> 00:31:25,600 Speaker 9: good piece out. It's biased, of course, but it's got 564 00:31:25,600 --> 00:31:28,840 Speaker 9: You know, all the gains come in to buy to 565 00:31:28,880 --> 00:31:31,160 Speaker 9: get some votes in the first four or five years. 566 00:31:31,160 --> 00:31:34,600 Speaker 9: Then all the reforms come in in the last five years, 567 00:31:34,640 --> 00:31:37,200 Speaker 9: and Chip Roy and that crew and the Budget Panel, 568 00:31:37,240 --> 00:31:41,040 Speaker 9: they're finally sticking up for the American people. A bunch 569 00:31:41,040 --> 00:31:43,400 Speaker 9: of my old friends and the Freedom CAU because they're 570 00:31:43,440 --> 00:31:46,800 Speaker 9: always solid. But you just heard the congress woman there 571 00:31:46,840 --> 00:31:50,160 Speaker 9: yelling about Medicaid and the Republicans are, you know, crushing 572 00:31:50,200 --> 00:31:51,080 Speaker 9: people on medicaid. 573 00:31:51,480 --> 00:31:52,600 Speaker 10: It's not true at all. 574 00:31:52,720 --> 00:31:55,600 Speaker 9: Right, in the political piece, there's three hundred billion dollar 575 00:31:55,760 --> 00:32:02,080 Speaker 9: gain from Medicaid just for reducing The only requirements are 576 00:32:02,160 --> 00:32:03,880 Speaker 9: people have to work eighty hours a. 577 00:32:04,040 --> 00:32:07,400 Speaker 10: Month or sign up for part time education. 578 00:32:08,360 --> 00:32:12,240 Speaker 9: And so the Republicans rightly are saying, no, no, no, no, you're 579 00:32:12,240 --> 00:32:15,480 Speaker 9: non titled to paychecks from the American people, right, that 580 00:32:15,640 --> 00:32:18,440 Speaker 9: seems to be the assumption, and the Republicans need to 581 00:32:18,440 --> 00:32:21,840 Speaker 9: fight that. And then there's a state check on MEDICAI 582 00:32:21,840 --> 00:32:24,840 Speaker 9: where they're going to verify addresses, and Politico of course 583 00:32:25,240 --> 00:32:28,440 Speaker 9: mentions that as a pain, right, you're going to verify 584 00:32:28,720 --> 00:32:32,200 Speaker 9: fraud to make sure we're not sending checks to ineligible 585 00:32:32,200 --> 00:32:34,720 Speaker 9: people on medici And then the left goes off and 586 00:32:34,760 --> 00:32:37,200 Speaker 9: calls this, you know, we're not taking care. 587 00:32:37,000 --> 00:32:37,920 Speaker 10: Of the least of these. 588 00:32:38,480 --> 00:32:40,280 Speaker 9: The whole point is if you're going to take care 589 00:32:40,280 --> 00:32:42,000 Speaker 9: of social security and medicare, you better. 590 00:32:41,800 --> 00:32:45,000 Speaker 10: Set up a machine. And so Trump is thinking huge 591 00:32:45,080 --> 00:32:47,880 Speaker 10: on the world stage. He came in with huge pieces. 592 00:32:48,240 --> 00:32:50,719 Speaker 9: And the House has been trained in this, you know, 593 00:32:51,280 --> 00:32:55,520 Speaker 9: myopic science mindset. Just tweak, tweak, tweak, little changes along 594 00:32:55,560 --> 00:32:59,120 Speaker 9: the way. No one's thinking huge. We should have come in. 595 00:32:59,320 --> 00:33:02,120 Speaker 9: This was the time under Trump where the House and 596 00:33:02,160 --> 00:33:07,120 Speaker 9: the Senate come in with major league, transformational tax packages 597 00:33:07,600 --> 00:33:10,160 Speaker 9: that do benefit everybody. Uh. 598 00:33:10,200 --> 00:33:14,760 Speaker 10: And you know the tax cuts can generate some growth. 599 00:33:15,120 --> 00:33:17,840 Speaker 9: But I've heard some of the guys we know saying 600 00:33:17,880 --> 00:33:20,440 Speaker 9: they're going to put out a study next week. Uh, 601 00:33:20,920 --> 00:33:24,120 Speaker 9: you know, some of the nationally known economists. And I 602 00:33:24,160 --> 00:33:28,240 Speaker 9: heard Newt on the TV this morning and he mentioned 603 00:33:28,280 --> 00:33:30,520 Speaker 9: all the you know, we're going to get the tax 604 00:33:30,560 --> 00:33:33,520 Speaker 9: cuts through. They always mentioned all that, and Newt failed 605 00:33:33,520 --> 00:33:34,840 Speaker 9: to mention spending. 606 00:33:35,640 --> 00:33:36,920 Speaker 10: And so the the. 607 00:33:36,760 --> 00:33:39,360 Speaker 9: Author, no one wants to deliver the hard news, right, 608 00:33:39,400 --> 00:33:41,240 Speaker 9: So the freedom call folks. 609 00:33:40,960 --> 00:33:43,880 Speaker 5: Hang on, hang on, hang on. The old playbook. 610 00:33:43,920 --> 00:33:46,920 Speaker 4: It's called supply side cut best and said the last time, 611 00:33:46,960 --> 00:33:49,600 Speaker 4: I agree with you. The supply side cut should be 612 00:33:49,640 --> 00:33:54,720 Speaker 4: on incentivizing work, but particularly incentivizing capital for investment and 613 00:33:54,760 --> 00:33:58,400 Speaker 4: to make that permanent. My concern is, particularly for businesses, 614 00:33:58,640 --> 00:34:01,760 Speaker 4: the supply side part of this is not perme to 615 00:34:01,760 --> 00:34:05,640 Speaker 4: do that. You'd have to have either cut further spending 616 00:34:05,680 --> 00:34:10,440 Speaker 4: cuts or revenue increases in other areas, Like I don't know, 617 00:34:10,640 --> 00:34:13,480 Speaker 4: randomly the upper bracket. I'm just throwing out a random, 618 00:34:14,160 --> 00:34:18,160 Speaker 4: random thing, which folks trust me to make the math work. 619 00:34:18,320 --> 00:34:21,120 Speaker 4: Unless you want sixty three dollars a debt, we're gonna 620 00:34:21,160 --> 00:34:25,719 Speaker 4: go there. We're gonna get there. Eventually. It's a winding road, 621 00:34:25,719 --> 00:34:28,160 Speaker 4: but we're gonna get there. What about that? Just talk 622 00:34:28,200 --> 00:34:30,759 Speaker 4: to me, because the supply side guys always say, oh, 623 00:34:30,840 --> 00:34:32,640 Speaker 4: I'm gonna get the growth rate up and the growth 624 00:34:32,680 --> 00:34:35,080 Speaker 4: right up. With a tax structure you got, you're going 625 00:34:35,120 --> 00:34:38,080 Speaker 4: to generate more cash. So how do we get the 626 00:34:38,120 --> 00:34:40,799 Speaker 4: growth rate up to two and a half three three 627 00:34:40,800 --> 00:34:43,840 Speaker 4: and a half percent? Remember in twenty nineteen, in the 628 00:34:43,880 --> 00:34:47,560 Speaker 4: fourth quarter, I think Trump's growth rate was three and 629 00:34:47,600 --> 00:34:49,600 Speaker 4: a half percent. And that's what Janet Yellen is the 630 00:34:49,600 --> 00:34:52,040 Speaker 4: Fed taking a tree in dollars off the balance sheet. 631 00:34:52,239 --> 00:34:55,120 Speaker 4: That caused headwinds. Had to be done, but his growth 632 00:34:55,160 --> 00:34:57,120 Speaker 4: rate could have been higher because of his tax cuts. 633 00:34:57,160 --> 00:34:59,919 Speaker 4: The first time. Now, how do you make this more 634 00:35:00,080 --> 00:35:03,400 Speaker 4: supply side by making it permanent? Dave Brad you're an 635 00:35:03,440 --> 00:35:06,680 Speaker 4: old supply side You're an old Jack Kemp aficionado. 636 00:35:06,920 --> 00:35:07,640 Speaker 5: How do you do that? 637 00:35:08,040 --> 00:35:10,799 Speaker 10: Yeah, yes I am. 638 00:35:11,040 --> 00:35:13,600 Speaker 9: And every time I come on the War room, my 639 00:35:13,719 --> 00:35:16,560 Speaker 9: goal is to show that productivity's been going down for 640 00:35:16,600 --> 00:35:20,480 Speaker 9: seventy years because we've been doing kenesy and economics and. 641 00:35:20,440 --> 00:35:25,120 Speaker 10: Non supply side stuff. But this budget is all gimmicky, right. 642 00:35:25,200 --> 00:35:27,840 Speaker 9: That three hundred billion I just mentioned from Medicaid that 643 00:35:27,920 --> 00:35:30,480 Speaker 9: only kicks in in the fifth year, So the three 644 00:35:30,600 --> 00:35:34,520 Speaker 9: hundred billion could be six hundred billion immediately in savings 645 00:35:34,560 --> 00:35:39,400 Speaker 9: that go toward permanent tax cuts. The salt thing over 646 00:35:39,480 --> 00:35:43,239 Speaker 9: ten is half a trillion dollars, and that's at the 647 00:35:43,239 --> 00:35:43,799 Speaker 9: lower number. 648 00:35:43,880 --> 00:35:46,960 Speaker 10: That's not like a thirty k deduction whatever. And Lawler 649 00:35:47,000 --> 00:35:49,799 Speaker 10: from New York is just going all out. He's at war. 650 00:35:50,320 --> 00:35:53,040 Speaker 10: And Lawler had a comment I got to hear somewhere. 651 00:35:53,080 --> 00:35:56,000 Speaker 9: He says, people are leaving New York because of the 652 00:35:56,080 --> 00:35:57,080 Speaker 9: cost of living. 653 00:35:57,760 --> 00:35:58,080 Speaker 10: Well. 654 00:35:59,400 --> 00:36:03,440 Speaker 9: The solution to that is to just pay New Yorkers right, 655 00:36:03,760 --> 00:36:07,280 Speaker 9: subsidize failing states and the poor. 656 00:36:07,920 --> 00:36:08,319 Speaker 10: The poor. 657 00:36:08,480 --> 00:36:12,160 Speaker 9: He wants eighty thousand dollars salt thing. The average American 658 00:36:12,200 --> 00:36:16,240 Speaker 9: doesn't even make eighty thousand dollars, right, I mean, so, yes, 659 00:36:16,800 --> 00:36:22,200 Speaker 9: we need to incentivize capital capital investment business, and only that, 660 00:36:23,280 --> 00:36:26,800 Speaker 9: not the tax breaks for the rich, the pass through stuff. 661 00:36:27,080 --> 00:36:30,000 Speaker 10: It's a good thing. The American people don't understand that, right. 662 00:36:30,080 --> 00:36:34,280 Speaker 9: That huge thing goes to what's called compensation to hedge 663 00:36:34,320 --> 00:36:41,120 Speaker 9: funds and private equity and venture capital on their income roughly, 664 00:36:41,680 --> 00:36:44,600 Speaker 9: and they get a twenty percent rate and not at 665 00:36:44,640 --> 00:36:47,120 Speaker 9: the higher rate. And so you know, if that was 666 00:36:47,160 --> 00:36:50,480 Speaker 9: going to manufacturing or capital people or whatever, I'd have 667 00:36:50,600 --> 00:36:52,720 Speaker 9: less of an issue. I'd still have an issue because 668 00:36:52,719 --> 00:36:55,879 Speaker 9: it's not fair. But our folks should have come in 669 00:36:56,840 --> 00:36:59,880 Speaker 9: with a Milton Friedman esque type of flat tax that 670 00:37:00,120 --> 00:37:03,399 Speaker 9: everybody pays. And the American people like that. And if 671 00:37:03,400 --> 00:37:06,280 Speaker 9: Trump delivered a text, you're. 672 00:37:06,160 --> 00:37:08,080 Speaker 4: Going to you're going, you're going to you're going to 673 00:37:08,120 --> 00:37:10,760 Speaker 4: your you're going to your milk cream and your aust 674 00:37:10,920 --> 00:37:14,520 Speaker 4: school economics is coming through and it's fair. 675 00:37:14,920 --> 00:37:16,640 Speaker 10: It's fair. No one's going to argue. 676 00:37:16,680 --> 00:37:18,400 Speaker 9: And then you do a negative income tax for the 677 00:37:18,440 --> 00:37:23,560 Speaker 9: poor and boom. Then you stimulate the economy and everyone 678 00:37:24,080 --> 00:37:26,520 Speaker 9: it ends the class war and the left is out 679 00:37:26,560 --> 00:37:26,920 Speaker 9: of business. 680 00:37:27,000 --> 00:37:29,080 Speaker 10: They have no messaging anymore. They're done. 681 00:37:29,920 --> 00:37:32,759 Speaker 4: And uh, whatever's going to happen today? What do you 682 00:37:32,800 --> 00:37:35,600 Speaker 4: think is going to happen today in this markup? I mean, 683 00:37:35,640 --> 00:37:37,160 Speaker 4: are we going to get through this? And what's going 684 00:37:37,239 --> 00:37:39,200 Speaker 4: to happen President Trump? I was gonna put some pressure 685 00:37:39,200 --> 00:37:43,360 Speaker 4: on some folks, but I think russ someone's got to 686 00:37:43,400 --> 00:37:45,640 Speaker 4: walk the president through the entire package and what it 687 00:37:45,680 --> 00:37:49,160 Speaker 4: means for deficits. No one's countered our argument that this 688 00:37:49,239 --> 00:37:52,759 Speaker 4: is two trillion dollars of deficits are more every year. 689 00:37:52,800 --> 00:37:55,200 Speaker 4: We're not bending the arc. We're not going from the 690 00:37:55,600 --> 00:37:57,840 Speaker 4: and this is their number, not my number. Six and 691 00:37:57,880 --> 00:38:01,640 Speaker 4: a half percent deficit to down to three and. 692 00:38:01,560 --> 00:38:04,080 Speaker 5: A half percent. I don't see that happening. 693 00:38:04,520 --> 00:38:07,799 Speaker 4: Have you seen any number that shows that we're that 694 00:38:07,880 --> 00:38:10,960 Speaker 4: this initiates the journey in the process to get there. 695 00:38:12,520 --> 00:38:14,360 Speaker 10: No, it goes in the wrong direction. 696 00:38:15,480 --> 00:38:20,359 Speaker 9: Everything's moving toward increasing tax deductions instead of going to 697 00:38:20,400 --> 00:38:24,640 Speaker 9: the supply side. In twenty seventeen, we got rid of 698 00:38:24,719 --> 00:38:28,760 Speaker 9: one point five trillion dollars right in the Tax Act, 699 00:38:29,600 --> 00:38:32,080 Speaker 9: and now we're only getting rid of you know, half 700 00:38:32,120 --> 00:38:34,359 Speaker 9: a trillion, So we're losing a trillion on there. 701 00:38:35,120 --> 00:38:36,480 Speaker 10: That's just a tax piece. 702 00:38:37,360 --> 00:38:41,920 Speaker 9: And so no, I think there's going to be some holdouts, 703 00:38:41,920 --> 00:38:47,440 Speaker 9: and I hope there are, because the orthodoxy of Republicanism 704 00:38:47,600 --> 00:38:52,719 Speaker 9: is tax cuts, but it's the spending first, right, the idea. 705 00:38:53,239 --> 00:38:55,320 Speaker 9: You know, just think of the founding fathers or anybody 706 00:38:55,360 --> 00:38:58,080 Speaker 9: that has a brain in their head, or any of 707 00:38:58,120 --> 00:39:00,960 Speaker 9: the great leaders you know we had sixty years ago, 708 00:39:01,000 --> 00:39:05,600 Speaker 9: et cetera. This would have been absurd to them. I mean, 709 00:39:05,640 --> 00:39:08,720 Speaker 9: can you picture a Jefferson or a great mind going 710 00:39:08,760 --> 00:39:12,520 Speaker 9: along with this just gimmicky stuff, little to buy off 711 00:39:12,600 --> 00:39:17,920 Speaker 9: voting blocks, and it doesn't work. You're becoming democrats and leftists, 712 00:39:18,320 --> 00:39:20,600 Speaker 9: and you're just moving in the wrong direction on the 713 00:39:20,719 --> 00:39:22,880 Speaker 9: logic of what we have to have in place to 714 00:39:22,920 --> 00:39:26,560 Speaker 9: have a great country. And so I think there's going 715 00:39:26,640 --> 00:39:29,879 Speaker 9: to be some holdouts on the Freedom caucuside, and they're 716 00:39:29,880 --> 00:39:32,080 Speaker 9: going to call them every name of the book, the 717 00:39:32,120 --> 00:39:35,120 Speaker 9: Salt guys on the Eastern Coast guys, and the Moderates 718 00:39:35,280 --> 00:39:39,400 Speaker 9: supposedly they're holding not also, but they're holding out for 719 00:39:39,520 --> 00:39:40,120 Speaker 9: non I don't know. 720 00:39:41,800 --> 00:39:43,600 Speaker 4: I'm missing it because I don't know how the Salt 721 00:39:43,600 --> 00:39:47,879 Speaker 4: guys justify they've won the argument that lower brackets are 722 00:39:47,920 --> 00:39:48,720 Speaker 4: basically correct. 723 00:39:48,719 --> 00:39:51,680 Speaker 5: Me if I'm wrong, this salt argument is uh, I 724 00:39:51,800 --> 00:39:52,160 Speaker 5: tell you what. 725 00:39:52,239 --> 00:39:54,560 Speaker 4: Hang on, I'm going to bring you back after us 726 00:39:54,560 --> 00:39:58,640 Speaker 4: because the salt argument, I think where they're arguing now 727 00:39:58,719 --> 00:40:01,560 Speaker 4: is protecting the wealthy right. I don't think it's about 728 00:40:01,560 --> 00:40:04,240 Speaker 4: the middle class and the working class and the Sault agreement. 729 00:40:04,239 --> 00:40:06,279 Speaker 5: I think they're already up to thirty or forty thousand bucks. 730 00:40:06,320 --> 00:40:12,680 Speaker 4: Anyway, hangover a second. So this is President Trump, having 731 00:40:12,760 --> 00:40:14,680 Speaker 4: changed the direction of the world, is coming back to 732 00:40:14,800 --> 00:40:16,880 Speaker 4: making sure he's putting guys in the clock on trade 733 00:40:16,920 --> 00:40:22,279 Speaker 4: deals and the big beautiful, the big beautiful reconciliation process. 734 00:40:23,080 --> 00:40:24,360 Speaker 4: Make sure you probably going to have to be at 735 00:40:24,360 --> 00:40:26,880 Speaker 4: the ramparts with us next week. Make sure you're available 736 00:40:26,960 --> 00:40:30,560 Speaker 4: and not chasing somebody that's taking your title and taking 737 00:40:30,960 --> 00:40:32,760 Speaker 4: going to a hard money lender and got a second 738 00:40:32,760 --> 00:40:36,040 Speaker 4: mortgage out on your house. National debt's already big enough 739 00:40:36,080 --> 00:40:38,759 Speaker 4: second mortgage on it. Don't let them do it. Home 740 00:40:38,800 --> 00:40:41,600 Speaker 4: title lock has a triple lock one million dollar triple 741 00:40:41,600 --> 00:40:45,160 Speaker 4: lock protection, twenty four seven coverage alerts in the middle 742 00:40:45,160 --> 00:40:45,560 Speaker 4: of the night. 743 00:40:45,640 --> 00:40:48,680 Speaker 5: If all else fails. One million dollars. 744 00:40:48,320 --> 00:40:55,200 Speaker 4: Restoration project in process with top lawyers, home title lock 745 00:40:55,280 --> 00:40:57,759 Speaker 4: dot com promo code Steve check it out. 746 00:40:57,800 --> 00:41:04,120 Speaker 1: Now, cutting Medicaid, Medicare, social Security is simply untruthful. You 747 00:41:04,160 --> 00:41:09,160 Speaker 1: cannot cut social Security anyway. And you know what this 748 00:41:09,200 --> 00:41:12,799 Speaker 1: boils down to is a complete We're operating on two 749 00:41:12,840 --> 00:41:17,160 Speaker 1: different universes. You think the tax money is yours, government 750 00:41:17,280 --> 00:41:22,400 Speaker 1: is your god and you that's what your bottom line 751 00:41:22,400 --> 00:41:25,000 Speaker 1: that you have. You supported an administration in Joe Biden 752 00:41:25,040 --> 00:41:27,880 Speaker 1: that train break this country by letting fifteen to twenty 753 00:41:27,880 --> 00:41:30,200 Speaker 1: million illegals in this country where we have paid a 754 00:41:30,239 --> 00:41:33,719 Speaker 1: price and are continuing to pay a price. Now where 755 00:41:33,760 --> 00:41:35,919 Speaker 1: are we on this bill? The tax cuts are great. 756 00:41:36,600 --> 00:41:40,080 Speaker 1: The tax money is the taxpayers, not the government bureaucracy. 757 00:41:40,600 --> 00:41:43,759 Speaker 1: And what we're dealing with now is so many good 758 00:41:43,800 --> 00:41:45,040 Speaker 1: things that are happening. 759 00:41:45,080 --> 00:41:45,960 Speaker 5: You can use. 760 00:41:45,800 --> 00:41:49,920 Speaker 1: Class warfare, rich, poor, black, white. You're off base. Seventy 761 00:41:49,960 --> 00:41:53,120 Speaker 1: seven million people told you you were off base, and 762 00:41:53,160 --> 00:41:57,560 Speaker 1: you're still off base. But here's the questions I would 763 00:41:57,560 --> 00:42:00,960 Speaker 1: ask in Miss Sherman. I know you know this is 764 00:42:01,000 --> 00:42:06,600 Speaker 1: it right for healthy, able bodied Americans that could work 765 00:42:06,760 --> 00:42:10,479 Speaker 1: that don't work it's over twenty five million, healthy, able 766 00:42:10,520 --> 00:42:12,839 Speaker 1: bodied Americans that don't work. Is it right for them 767 00:42:12,880 --> 00:42:15,560 Speaker 1: to have a paycheck? I don't think so. Is it 768 00:42:15,640 --> 00:42:19,319 Speaker 1: right if you're an illegal alien? Which the left side 769 00:42:19,360 --> 00:42:22,080 Speaker 1: of the right side of this AISLB my Democrat friends 770 00:42:22,120 --> 00:42:23,040 Speaker 1: led in this country. 771 00:42:23,160 --> 00:42:24,200 Speaker 5: If you're an illegal? 772 00:42:24,520 --> 00:42:28,560 Speaker 1: Is it right to have illegals cash and checks with 773 00:42:28,680 --> 00:42:31,640 Speaker 1: money we don't have? And to phase this in for 774 00:42:31,719 --> 00:42:35,360 Speaker 1: four years and give a we're telling a healthy body 775 00:42:35,400 --> 00:42:38,040 Speaker 1: of healthy American that you've got four years to get 776 00:42:38,040 --> 00:42:41,400 Speaker 1: a job. No, the payment stops now. If you're a 777 00:42:41,400 --> 00:42:43,680 Speaker 1: need illegal, the payment stops now. 778 00:42:44,440 --> 00:42:47,160 Speaker 5: On the IRA, these a. 779 00:42:47,080 --> 00:42:49,560 Speaker 1: Lot of these credits have been in existence for thirty 780 00:42:49,600 --> 00:42:52,719 Speaker 1: and forty years and you're talking about giveaways. We want 781 00:42:52,760 --> 00:42:55,839 Speaker 1: to help those who really need help, and that's what 782 00:42:56,120 --> 00:42:59,680 Speaker 1: we are. That's the heart of this. Sadly, I'm a 783 00:43:00,040 --> 00:43:02,359 Speaker 1: I'm a hard no. Until we get this ironed out, 784 00:43:02,800 --> 00:43:05,719 Speaker 1: and I think we can. We may progress, but it 785 00:43:05,840 --> 00:43:10,120 Speaker 1: just takes time, and it's time that if if, if 786 00:43:10,200 --> 00:43:13,680 Speaker 1: we're going to continue to have just what I mentioned, 787 00:43:13,880 --> 00:43:18,640 Speaker 1: able bodied Americans getting checks, illegals getting checks, subsidies that 788 00:43:18,719 --> 00:43:20,719 Speaker 1: go to corporations that should shouldn't get them. 789 00:43:20,920 --> 00:43:21,520 Speaker 10: I'm out. 790 00:43:21,960 --> 00:43:25,040 Speaker 1: So thank you for miss Chairman again for what you've done, 791 00:43:25,120 --> 00:43:27,640 Speaker 1: and thank you for this this budget committee. 792 00:43:28,239 --> 00:43:32,840 Speaker 7: How you I think the gentleman from South Carolina and 793 00:43:32,880 --> 00:43:35,560 Speaker 7: now yeld to mister Paul Tunko from New York for 794 00:43:35,600 --> 00:43:36,200 Speaker 7: three minutes. 795 00:43:36,640 --> 00:43:37,680 Speaker 5: Thank you, mister Chairman. 796 00:43:37,840 --> 00:43:39,279 Speaker 3: I'm in strong opposition. 797 00:43:39,400 --> 00:43:41,799 Speaker 4: Let me have you heard Ralph Norman there, he's a 798 00:43:41,840 --> 00:43:46,279 Speaker 4: hard no some of the issues about with medicaid. You know, 799 00:43:46,320 --> 00:43:49,720 Speaker 4: we want to protect medicaid, particularly from maga hardworking folks, 800 00:43:49,760 --> 00:43:52,239 Speaker 4: but you got to have requirements. 801 00:43:52,280 --> 00:43:54,120 Speaker 5: You got to you gotta work, gotta have a job. 802 00:43:55,440 --> 00:43:57,960 Speaker 4: Can't be laying around and have the government to sit 803 00:43:57,960 --> 00:44:01,439 Speaker 4: there and pay for your medical can't happen. Sorry it 804 00:44:01,520 --> 00:44:05,480 Speaker 4: Maybe some people may say that's tough or cool, but hey, 805 00:44:05,680 --> 00:44:09,840 Speaker 4: it's a tough world and the requirements have got I 806 00:44:09,880 --> 00:44:11,759 Speaker 4: think they don't kick into twenty twenty nine. That's what 807 00:44:11,840 --> 00:44:13,959 Speaker 4: Ralph Norman's talking about. There's so much other day bread, 808 00:44:14,000 --> 00:44:18,120 Speaker 4: there's so much other things in here that just got 809 00:44:18,160 --> 00:44:19,960 Speaker 4: to be wrung out, gotta be wrung on now because 810 00:44:20,000 --> 00:44:25,160 Speaker 4: we're paying, we're barring from China to pay for all this. 811 00:44:25,680 --> 00:44:28,240 Speaker 4: It's just bearings deeper, deeper your thoughts, sir. 812 00:44:30,400 --> 00:44:34,760 Speaker 9: Well, Ralph Norman is great and people need to follow 813 00:44:34,880 --> 00:44:38,360 Speaker 9: people like that and compliment them for doing a tough job. 814 00:44:38,440 --> 00:44:41,480 Speaker 9: He's about ready to have Heaven and the Earth come 815 00:44:41,560 --> 00:44:46,040 Speaker 9: down on his head tonight. The leadership, they always position 816 00:44:46,239 --> 00:44:50,239 Speaker 9: the House and then the freedom fighters right at the 817 00:44:50,280 --> 00:44:52,359 Speaker 9: end of this process. Right, so it starts at one 818 00:44:52,360 --> 00:44:56,480 Speaker 9: point five trillion. Now it's down to zero, and we 819 00:44:56,600 --> 00:44:59,880 Speaker 9: might actually end up increasing spending and then the ta 820 00:45:00,239 --> 00:45:02,960 Speaker 9: side that we just described. But what he just said 821 00:45:03,480 --> 00:45:06,680 Speaker 9: was my little sermon yesterday. You guys are lying, he 822 00:45:06,800 --> 00:45:08,720 Speaker 9: told the Democrats straight to their face. 823 00:45:08,840 --> 00:45:09,360 Speaker 10: You're lying. 824 00:45:09,400 --> 00:45:13,479 Speaker 9: We are not cutting medicaid requiring people to work while 825 00:45:13,480 --> 00:45:17,359 Speaker 9: they get a check, which is a good that we're 826 00:45:17,440 --> 00:45:21,000 Speaker 9: helping them, right, We're helping the poor sending them a check, 827 00:45:21,640 --> 00:45:23,719 Speaker 9: and so saying you've got to work. I mean, the 828 00:45:23,760 --> 00:45:27,279 Speaker 9: moral case couldn't be more clear. And the republic that's 829 00:45:27,280 --> 00:45:29,920 Speaker 9: what I'm saying. The Republicans need to stand up on 830 00:45:30,000 --> 00:45:33,319 Speaker 9: these points and simplify this tax code and get rid 831 00:45:33,400 --> 00:45:36,439 Speaker 9: of this gimmicky stuff. The flat thing I just throw 832 00:45:36,560 --> 00:45:39,000 Speaker 9: out as an idea, But the one good thing about 833 00:45:39,000 --> 00:45:41,239 Speaker 9: the flat tax idea is you get rid of all 834 00:45:41,280 --> 00:45:44,080 Speaker 9: the lobbyists. You want to talk about, getting rid of 835 00:45:44,120 --> 00:45:48,200 Speaker 9: regulation and red tape and inefficient inefficiency in that city. 836 00:45:48,680 --> 00:45:52,040 Speaker 9: We've got to clear them out. They're just living. And 837 00:45:52,160 --> 00:45:56,520 Speaker 9: the lobbyists for the billionaire tax cut guys, they're loud 838 00:45:56,520 --> 00:45:58,640 Speaker 9: and vocal right now. They're all saying I'm not going 839 00:45:58,680 --> 00:46:00,439 Speaker 9: to name names right here, but they're all saying, let's 840 00:46:00,480 --> 00:46:02,800 Speaker 9: just pass this bill. I get on and we'll improve 841 00:46:02,840 --> 00:46:06,239 Speaker 9: the tax cuts the later. There's nothing about spending from 842 00:46:06,360 --> 00:46:09,520 Speaker 9: any of them. And if we don't solve this spending piece, 843 00:46:09,640 --> 00:46:11,600 Speaker 9: we're in big trouble. We haven't even brought up in 844 00:46:11,640 --> 00:46:14,919 Speaker 9: titlements right, Solid Security Medicare that's coming at a later date, 845 00:46:15,000 --> 00:46:17,680 Speaker 9: and that's binding too, just like the bond market. 846 00:46:19,280 --> 00:46:21,080 Speaker 5: Yep, we're gonna have a tough one. 847 00:46:21,080 --> 00:46:23,920 Speaker 4: We're gonna make sure hopefully President Trump gets all the information. 848 00:46:24,080 --> 00:46:26,680 Speaker 4: I can see already's getting a little worked up. We're 849 00:46:26,719 --> 00:46:30,960 Speaker 4: gonna have Can we put up the president to let 850 00:46:31,000 --> 00:46:34,280 Speaker 4: you know he's on point. He put up a tweet 851 00:46:34,360 --> 00:46:39,000 Speaker 4: just a second ago because anybody noticed that Taylor Swift 852 00:46:39,040 --> 00:46:40,719 Speaker 4: is not what he said. 853 00:46:40,760 --> 00:46:41,719 Speaker 5: He was not hot. 854 00:46:41,760 --> 00:46:46,719 Speaker 4: She's like finished President Trump, commander in chief and king 855 00:46:46,800 --> 00:46:50,280 Speaker 4: of the troll is just unbelievable getting on Taylor Swift. 856 00:46:50,280 --> 00:46:52,520 Speaker 4: But hey, we told you Taylor Swift was all plotting 857 00:46:53,280 --> 00:46:56,600 Speaker 4: to go to go campaign for Biden and Kamala and 858 00:46:56,600 --> 00:46:58,879 Speaker 4: and got waved off when people talked to her about 859 00:46:58,880 --> 00:46:59,239 Speaker 4: the math. 860 00:46:59,440 --> 00:47:00,919 Speaker 5: It's a President Trump is right there. 861 00:47:01,200 --> 00:47:03,480 Speaker 4: Dave Bratt, where do people go to get your charts 862 00:47:03,600 --> 00:47:06,399 Speaker 4: all your analysis. We'll try to get you back onto 863 00:47:06,400 --> 00:47:08,240 Speaker 4: mar because this weekend, I can tell you this budget 864 00:47:08,239 --> 00:47:11,680 Speaker 4: thing is going to be a topic of conversation with 865 00:47:11,800 --> 00:47:12,560 Speaker 4: President Trump. 866 00:47:13,520 --> 00:47:15,200 Speaker 10: Yep. Great, everybody get educated. 867 00:47:15,239 --> 00:47:17,279 Speaker 9: I put my charts up from the other day on 868 00:47:17,320 --> 00:47:21,720 Speaker 9: the Great Depression up on X and get her Bratt economics. 869 00:47:21,760 --> 00:47:25,480 Speaker 9: And the most important thing is to spread the war room, 870 00:47:25,840 --> 00:47:29,640 Speaker 9: spread this platform, because you see the knowledge you're getting, 871 00:47:29,760 --> 00:47:32,120 Speaker 9: and if the country doesn't get this stuff, we can't 872 00:47:32,160 --> 00:47:32,560 Speaker 9: fix it. 873 00:47:34,880 --> 00:47:36,799 Speaker 5: Amen, brother, thank you so much. 874 00:47:36,880 --> 00:47:38,600 Speaker 4: Trying to get people out there, going to get them 875 00:47:38,920 --> 00:47:41,960 Speaker 4: more up to speed. That's one of the reasons say 876 00:47:41,960 --> 00:47:46,399 Speaker 4: go you want a quick tutorial text ban and b A. 877 00:47:46,480 --> 00:47:48,960 Speaker 5: N N O N nine eight ninety eight, you get 878 00:47:49,000 --> 00:47:49,600 Speaker 5: Birch Gold. 879 00:47:49,719 --> 00:47:53,360 Speaker 4: It's a free brochure on investing in gold and precious 880 00:47:53,400 --> 00:47:56,360 Speaker 4: metals in the age of Trump. You walk through all 881 00:47:56,400 --> 00:47:58,279 Speaker 4: of trump anomics and the economics of it. 882 00:47:58,360 --> 00:48:01,120 Speaker 5: You get a real schooling on that. Plus you get 883 00:48:01,120 --> 00:48:01,479 Speaker 5: to know. 884 00:48:03,040 --> 00:48:06,120 Speaker 4: The Philip Patrick and the team who are going to 885 00:48:06,200 --> 00:48:09,879 Speaker 4: Rio for the Rio Reset. Also one of our sponsors 886 00:48:09,880 --> 00:48:12,880 Speaker 4: my Patriots Supply. 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Short commercial 898 00:48:51,200 --> 00:48:53,640 Speaker 4: break two minutes. We're back for the second hour. We 899 00:48:53,680 --> 00:48:56,520 Speaker 4: are jammed up an hour two in the war word