1 00:00:00,960 --> 00:00:05,680 Speaker 1: Welcome back in Clay Travis buck Sexton show buckheaded to 2 00:00:06,640 --> 00:00:10,560 Speaker 1: meetings with sponsors of the show. He'll be back tomorrow 3 00:00:10,640 --> 00:00:13,600 Speaker 1: with me at the top of the hour, but he 4 00:00:13,720 --> 00:00:16,320 Speaker 1: is out now for the third hour of the program. 5 00:00:16,400 --> 00:00:18,320 Speaker 1: Let me give you a little bit of an idea 6 00:00:18,600 --> 00:00:22,640 Speaker 1: of where we are headed. Head of the Small Business Administration, 7 00:00:22,880 --> 00:00:27,800 Speaker 1: member of the Trump Administration, Kelly Leffler, will be with 8 00:00:27,920 --> 00:00:32,600 Speaker 1: me here in studio in Nashville, as there are several 9 00:00:32,600 --> 00:00:36,559 Speaker 1: members of the Trump Administration in Nashville right now. We 10 00:00:36,600 --> 00:00:40,599 Speaker 1: will see how that goes. I have built and by 11 00:00:40,720 --> 00:00:43,480 Speaker 1: I I really mean my wife has done a phenomenal 12 00:00:43,560 --> 00:00:47,199 Speaker 1: job building a new studio here in Nashville where we 13 00:00:47,240 --> 00:00:51,520 Speaker 1: are capable of having guests, and I believe Kelly will 14 00:00:51,520 --> 00:00:55,000 Speaker 1: be the first guest, so she will be here at 15 00:00:55,040 --> 00:00:59,360 Speaker 1: the bottom of the hour in person, and we will 16 00:00:59,360 --> 00:01:01,959 Speaker 1: see how that goes as we test it out. Hopefully 17 00:01:02,360 --> 00:01:05,679 Speaker 1: we'll be able to have quite a few guests here 18 00:01:05,720 --> 00:01:09,520 Speaker 1: in studio in the weeks and months ahead, so we 19 00:01:09,600 --> 00:01:12,840 Speaker 1: will be testing that out. Some positives for you. If 20 00:01:12,880 --> 00:01:15,920 Speaker 1: you're just getting in your car, just starting off your 21 00:01:15,959 --> 00:01:17,720 Speaker 1: day with us. By the way, where have you been, 22 00:01:18,120 --> 00:01:21,640 Speaker 1: You've missed two fun hours of the program. You can 23 00:01:21,760 --> 00:01:24,600 Speaker 1: always go subscribe at the podcast and you can sign 24 00:01:24,720 --> 00:01:28,199 Speaker 1: up for video feed at the YouTube channel for Clay 25 00:01:28,200 --> 00:01:31,240 Speaker 1: and Buck, where soon we will be debuting three hours 26 00:01:31,280 --> 00:01:34,440 Speaker 1: a day of live video to go along with the 27 00:01:34,440 --> 00:01:37,320 Speaker 1: three hours of audio that you guys have had over 28 00:01:37,480 --> 00:01:42,720 Speaker 1: the past several years. But positive news coming out of 29 00:01:43,200 --> 00:01:47,440 Speaker 1: everything relating to the TSA. In the last few minutes, 30 00:01:48,000 --> 00:01:52,680 Speaker 1: only LaGuardia, and only one terminal in LaGuardia had substantial 31 00:01:53,760 --> 00:01:58,320 Speaker 1: time issues in terms of lines. Almost everywhere has been 32 00:01:58,720 --> 00:02:03,520 Speaker 1: far better, So that is a superpositive story out there. 33 00:02:03,640 --> 00:02:08,320 Speaker 1: The TSA seems to have shortened lines in a significant way. 34 00:02:08,520 --> 00:02:10,880 Speaker 1: You heard us talk in the first couple of hours 35 00:02:10,880 --> 00:02:14,959 Speaker 1: about the continuing situation in Iran as well as reports 36 00:02:15,000 --> 00:02:17,760 Speaker 1: that there might be boots on the ground to seize 37 00:02:17,800 --> 00:02:21,200 Speaker 1: the uranium that Iran was hoping to turn into a 38 00:02:21,320 --> 00:02:25,760 Speaker 1: nuclear bomb. Lots of details associated with that. But as 39 00:02:25,800 --> 00:02:28,680 Speaker 1: we were talking to you in the last half hour 40 00:02:29,000 --> 00:02:32,560 Speaker 1: or so, there was also a White House press briefing 41 00:02:32,680 --> 00:02:36,280 Speaker 1: going on, and that White House press briefing going on 42 00:02:37,320 --> 00:02:40,960 Speaker 1: was being led by Caroline Levitt, and we have a 43 00:02:41,000 --> 00:02:44,800 Speaker 1: couple of different takes from her first. We have talked 44 00:02:44,840 --> 00:02:47,799 Speaker 1: about this quite a lot on the program. This doesn't 45 00:02:47,840 --> 00:02:50,799 Speaker 1: have to deal with Iran at all, but the unfortunate 46 00:02:50,880 --> 00:02:55,440 Speaker 1: murder of Sheridan Gorman in Chicago, that is, the eighteen 47 00:02:55,520 --> 00:02:58,440 Speaker 1: year old freshman college student who was murdered in a 48 00:02:58,560 --> 00:03:03,160 Speaker 1: Chicago park, is received almost no attention at all in 49 00:03:03,240 --> 00:03:07,440 Speaker 1: the so called legacy media. Caroline Levitt using her platform 50 00:03:07,639 --> 00:03:10,239 Speaker 1: at the White House to draw attention to that, as 51 00:03:10,280 --> 00:03:14,040 Speaker 1: there are reports that President Trump has now spoken with 52 00:03:14,280 --> 00:03:19,680 Speaker 1: the Gorman family and given him given them his direct condolences. 53 00:03:19,840 --> 00:03:24,040 Speaker 1: Cut twenty nine is Caroline Levitt discussing this just a 54 00:03:24,080 --> 00:03:24,880 Speaker 1: few moments ago. 55 00:03:25,320 --> 00:03:27,639 Speaker 2: I saw a survey over the weekend that I'd like 56 00:03:27,720 --> 00:03:29,240 Speaker 2: to bring to all of your attention. This is the 57 00:03:29,320 --> 00:03:32,760 Speaker 2: media coverage of the case of Sheridan Gorman. You have 58 00:03:32,800 --> 00:03:37,960 Speaker 2: ABC News has spent one minute in nineteen seconds between 59 00:03:38,080 --> 00:03:41,160 Speaker 2: two days when this case was first alerted. You have 60 00:03:41,240 --> 00:03:45,080 Speaker 2: CBS two minutes in one second. You have NBC twenty 61 00:03:45,160 --> 00:03:48,440 Speaker 2: three seconds spent on the life of a young, beautiful 62 00:03:48,480 --> 00:03:52,240 Speaker 2: American woman whose life was taken short by an illegal 63 00:03:52,280 --> 00:03:54,120 Speaker 2: alien who should have never been here in the first place. 64 00:03:54,160 --> 00:03:56,360 Speaker 2: When we are in the middle of a battle on 65 00:03:56,400 --> 00:03:59,400 Speaker 2: Capitol Hill with a major political party, the Democrat Party, 66 00:03:59,520 --> 00:04:02,080 Speaker 2: who wants to to defund the agency that is responsible 67 00:04:02,120 --> 00:04:05,160 Speaker 2: for protecting Americans. I think her life was worth more 68 00:04:05,200 --> 00:04:07,480 Speaker 2: than twenty three seconds on cable television. And I think 69 00:04:07,520 --> 00:04:10,400 Speaker 2: the people in this room have a responsibility to report 70 00:04:10,440 --> 00:04:13,680 Speaker 2: on cases like this because it just exemplifies why the 71 00:04:13,680 --> 00:04:17,039 Speaker 2: president believes so strongly in deporting illegal aliens from our communities. 72 00:04:18,200 --> 00:04:22,279 Speaker 1: So again that report, if you sometimes think to yourself, 73 00:04:22,920 --> 00:04:26,960 Speaker 1: my goodness, why isn't there more outrage over the murder 74 00:04:27,480 --> 00:04:31,000 Speaker 1: of innocent people by illegal immigrants that should have never 75 00:04:31,040 --> 00:04:34,800 Speaker 1: been here, particularly those that have been arrested before. It's 76 00:04:34,920 --> 00:04:37,360 Speaker 1: a lot of people just never hear about it. You 77 00:04:37,400 --> 00:04:40,760 Speaker 1: hear about it because you listen to this program, but 78 00:04:40,880 --> 00:04:43,279 Speaker 1: a lot of your friends and family, the kinds of 79 00:04:43,320 --> 00:04:46,240 Speaker 1: people who show up at the No Kings protests, they 80 00:04:46,279 --> 00:04:50,039 Speaker 1: don't have any idea because the media is not informing them. 81 00:04:50,160 --> 00:04:53,400 Speaker 1: It's just not a part of their rotation now. So 82 00:04:53,440 --> 00:04:55,120 Speaker 1: I wanted to share that with you. I think that's 83 00:04:55,120 --> 00:04:57,599 Speaker 1: a really good job by Caroline Levitt doing it in 84 00:04:57,640 --> 00:05:00,560 Speaker 1: a way that directly calls out the media for not 85 00:05:00,680 --> 00:05:04,359 Speaker 1: making it a part of their coverage. The big story 86 00:05:04,440 --> 00:05:07,200 Speaker 1: remains what's going to go on with Iran. Here is 87 00:05:07,320 --> 00:05:10,960 Speaker 1: Caroline Levitt cut thirty on the negotiations with Iran. 88 00:05:11,600 --> 00:05:14,440 Speaker 2: A thing that they say to us privately will be tested, 89 00:05:14,480 --> 00:05:17,520 Speaker 2: and we will ensure that they are being held accountable 90 00:05:17,560 --> 00:05:19,320 Speaker 2: to their word, and if they are not, the President 91 00:05:19,360 --> 00:05:22,800 Speaker 2: has laid out the military consequences that the Iranian regime 92 00:05:22,839 --> 00:05:25,320 Speaker 2: will see if they don't hold true to the words 93 00:05:25,320 --> 00:05:27,720 Speaker 2: that we are hearing privately behind the scenes when the 94 00:05:27,760 --> 00:05:31,200 Speaker 2: President says more reasonable. Again, these folks are appearing more 95 00:05:31,240 --> 00:05:34,920 Speaker 2: reasonable behind the scenes privately in these conversations than perhaps 96 00:05:35,000 --> 00:05:37,279 Speaker 2: some of the previous leaders who are now no longer 97 00:05:37,320 --> 00:05:40,400 Speaker 2: on planet Earth because they lied to the United States 98 00:05:40,880 --> 00:05:43,920 Speaker 2: and they strung us along in negotiations, and that was 99 00:05:44,000 --> 00:05:46,640 Speaker 2: unacceptable to the President, which is why many of the 100 00:05:46,680 --> 00:05:49,880 Speaker 2: previous leaders were killed. So again, this is another historic 101 00:05:49,920 --> 00:05:53,039 Speaker 2: opportunity for Iran to do the right thing, to rid 102 00:05:53,160 --> 00:05:56,440 Speaker 2: themselves of their nuclear ambitions and to come to a 103 00:05:56,480 --> 00:05:59,680 Speaker 2: deal with this president in the administration, or again they 104 00:05:59,720 --> 00:06:02,800 Speaker 2: will see the grave consequences of the United States Armed Forces, 105 00:06:02,839 --> 00:06:06,000 Speaker 2: which they are continuing to see every day throughout this operation. 106 00:06:06,400 --> 00:06:10,400 Speaker 1: Okay, So again a big part of this is figuring 107 00:06:10,440 --> 00:06:14,040 Speaker 1: out who can we trust and who actually has authority 108 00:06:14,120 --> 00:06:16,640 Speaker 1: in Iran. And I want to go back to the 109 00:06:16,680 --> 00:06:19,799 Speaker 1: big Wall Street Journal exclusive report that came out last 110 00:06:19,880 --> 00:06:23,440 Speaker 1: night saying that there is a consideration of putting so 111 00:06:23,520 --> 00:06:26,640 Speaker 1: called boots on the ground for a raid to seize 112 00:06:26,680 --> 00:06:30,120 Speaker 1: all of the uranium that Iran currently has. And we 113 00:06:30,240 --> 00:06:34,640 Speaker 1: just had to finish off the hour there a caller saying, hey, 114 00:06:34,680 --> 00:06:39,440 Speaker 1: do we know where this uranium is? And again I 115 00:06:39,560 --> 00:06:41,400 Speaker 1: look at this and I just want to read you 116 00:06:41,880 --> 00:06:45,159 Speaker 1: what the Wall Street Journal wrote. Teams of US and 117 00:06:45,240 --> 00:06:49,240 Speaker 1: tell me that this does not sound like a Hollywood 118 00:06:49,560 --> 00:06:53,280 Speaker 1: or TV script. Teams of US forces would need to 119 00:06:53,279 --> 00:06:57,120 Speaker 1: fly to the sites likely under fire from iranium surface 120 00:06:57,160 --> 00:07:01,159 Speaker 1: to air missiles and drones. Once on site, combat troops 121 00:07:01,240 --> 00:07:05,400 Speaker 1: would need to secure perimeters so engineers with excavating equipment 122 00:07:05,720 --> 00:07:09,440 Speaker 1: could search through debris and check for mines and booby traps. 123 00:07:09,760 --> 00:07:12,280 Speaker 1: The extraction of the material would likely need to be 124 00:07:12,360 --> 00:07:16,440 Speaker 1: conducted by an elite special ops team specially trained to 125 00:07:16,560 --> 00:07:21,200 Speaker 1: remove radioactive material from a conflict zone. The highly enriched 126 00:07:21,320 --> 00:07:25,920 Speaker 1: uranium likely contained in forty to fifty special cylinders that 127 00:07:26,040 --> 00:07:28,880 Speaker 1: resemble scuba tanks. They would need to be put into 128 00:07:28,920 --> 00:07:33,880 Speaker 1: transportation casts to protect against accidents. They would either need 129 00:07:33,920 --> 00:07:36,920 Speaker 1: to drive it out in a truck or they would 130 00:07:37,000 --> 00:07:41,800 Speaker 1: need to create an airfield nearby. This would be now 131 00:07:42,120 --> 00:07:47,240 Speaker 1: Iran could agree to hand over this uranium as well, 132 00:07:48,200 --> 00:07:53,120 Speaker 1: and that seems highly unlikely. And so is it possible 133 00:07:53,280 --> 00:07:55,040 Speaker 1: This was a question that laid out for Buck and 134 00:07:55,080 --> 00:07:58,080 Speaker 1: this may be too smart spy novel for all of you, 135 00:07:59,200 --> 00:08:04,280 Speaker 1: But is it possible that Iranian leaders could signal that 136 00:08:04,320 --> 00:08:09,239 Speaker 1: they're okay with America seizing the uranium because it makes 137 00:08:09,280 --> 00:08:13,320 Speaker 1: them appear less weak in the country than if they 138 00:08:13,480 --> 00:08:17,560 Speaker 1: just hand over the nuclear weapons to Iran. I think 139 00:08:17,600 --> 00:08:20,560 Speaker 1: that's a really interesting question about how this plays out. 140 00:08:21,000 --> 00:08:26,840 Speaker 1: I also believe President Trump has a cinematic worldview. He 141 00:08:26,960 --> 00:08:30,560 Speaker 1: has a worldview that understands how to cut through the 142 00:08:30,600 --> 00:08:37,280 Speaker 1: noise and create signature event stories. And I think that 143 00:08:37,440 --> 00:08:42,280 Speaker 1: this kind of raid could be for President Trump, the 144 00:08:42,440 --> 00:08:47,320 Speaker 1: kind of Capstone raid that captures the nation's attention, that 145 00:08:47,559 --> 00:08:51,520 Speaker 1: could captivate him and lead him to sign off on 146 00:08:51,600 --> 00:08:54,600 Speaker 1: a raid like this. Now. The reason why I'm tying 147 00:08:54,640 --> 00:08:57,960 Speaker 1: this in with what Caroline Levitt said, is the big 148 00:08:58,080 --> 00:09:01,800 Speaker 1: question right now is who has in Iran and who 149 00:09:01,840 --> 00:09:04,840 Speaker 1: is able to deliver on the promises that they make. 150 00:09:05,200 --> 00:09:08,200 Speaker 1: You noticed last week President Trump said, well, they gave 151 00:09:08,280 --> 00:09:10,600 Speaker 1: us a gift, and he wouldn't say what the gift was. 152 00:09:10,760 --> 00:09:14,440 Speaker 1: It appears that the gift was from these Iranian leaders. 153 00:09:14,520 --> 00:09:17,960 Speaker 1: We're going to allow a certain number of boats to 154 00:09:18,200 --> 00:09:21,440 Speaker 1: safely traverse the Strait of Horror. Moves to give you 155 00:09:21,559 --> 00:09:25,680 Speaker 1: a sign of who is actually making decisions right now. 156 00:09:26,080 --> 00:09:29,640 Speaker 1: To what extent is right now, they're a power struggle 157 00:09:29,960 --> 00:09:34,480 Speaker 1: that is going on inside of the country, and to 158 00:09:34,520 --> 00:09:37,520 Speaker 1: what extent is on the flip side, there a power 159 00:09:38,160 --> 00:09:41,520 Speaker 1: dynamic that has coalesced, where someone is in power that 160 00:09:41,559 --> 00:09:45,480 Speaker 1: we feel like we can work with on the side 161 00:09:45,480 --> 00:09:48,760 Speaker 1: of the United States. I think all of this is 162 00:09:49,400 --> 00:09:56,320 Speaker 1: integral to getting some form of resolution here, and I 163 00:09:56,320 --> 00:10:00,839 Speaker 1: think it's going to determine whether or not we are 164 00:10:00,880 --> 00:10:05,480 Speaker 1: going to be able to get some form of successful 165 00:10:05,520 --> 00:10:09,240 Speaker 1: resolution here. What I believe President Trump is likely to 166 00:10:09,360 --> 00:10:14,400 Speaker 1: want is a signature achievement that can be seen as 167 00:10:14,520 --> 00:10:19,440 Speaker 1: a victory here that would allow him to say, hey, 168 00:10:19,559 --> 00:10:23,560 Speaker 1: we have finished all of our operations in Iran. This 169 00:10:23,760 --> 00:10:28,240 Speaker 1: is the capstone signatory event that represents the success here 170 00:10:28,320 --> 00:10:31,240 Speaker 1: is the tangible uranium. I thought Buck made a great point, 171 00:10:31,679 --> 00:10:36,560 Speaker 1: after all of the disaster of pursuing WMD's in Iraq 172 00:10:36,640 --> 00:10:39,400 Speaker 1: and not having them ever be there, what would the 173 00:10:39,480 --> 00:10:43,040 Speaker 1: impact be of seizing the uranium and proving once and 174 00:10:43,120 --> 00:10:46,520 Speaker 1: for all that Iran was in the process of actually 175 00:10:46,880 --> 00:10:51,040 Speaker 1: trying to go out and gain these nuclear weapons. All 176 00:10:51,080 --> 00:10:54,760 Speaker 1: of those things I think are significant. As we are 177 00:10:55,040 --> 00:10:57,920 Speaker 1: sort of contemplating where we are, we are just being 178 00:10:58,040 --> 00:11:01,800 Speaker 1: joined right now in studio by the head of the SBA, 179 00:11:02,000 --> 00:11:05,400 Speaker 1: Kelly Loffler, part of the Trump administration. We're going to 180 00:11:05,480 --> 00:11:09,040 Speaker 1: bring her in fingers crossed that this is going to 181 00:11:09,080 --> 00:11:12,160 Speaker 1: be a successful interview. You are the very first person 182 00:11:12,280 --> 00:11:14,560 Speaker 1: to be able to come into the studio. It's new. 183 00:11:15,120 --> 00:11:17,800 Speaker 1: So when we come back, we will talk with the 184 00:11:18,320 --> 00:11:22,040 Speaker 1: Trump Administration's SBA head, Kelly Loffler, also a friend of mine, 185 00:11:22,120 --> 00:11:24,040 Speaker 1: and I think you guys are going to enjoy the 186 00:11:24,120 --> 00:11:26,080 Speaker 1: conversation that we have. But I want to tell you 187 00:11:26,160 --> 00:11:28,319 Speaker 1: she just walked in and she can look out the 188 00:11:28,360 --> 00:11:30,440 Speaker 1: windows right now and see we got a bunch of 189 00:11:30,440 --> 00:11:32,760 Speaker 1: brand new trees all over here because we just moved 190 00:11:32,800 --> 00:11:36,160 Speaker 1: in and Fast Growing Trees America's the largest, most trusted 191 00:11:36,200 --> 00:11:39,320 Speaker 1: online nursery. This is how more people are buying their 192 00:11:39,360 --> 00:11:42,000 Speaker 1: trees in plants these days. Like so many other items, 193 00:11:42,040 --> 00:11:44,680 Speaker 1: you can purchase them online, get them delivered. You put 194 00:11:44,679 --> 00:11:47,120 Speaker 1: in your zip code. They'll tell you exactly what trees 195 00:11:47,200 --> 00:11:50,319 Speaker 1: work for your geographic area. 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Welcome 211 00:12:42,120 --> 00:12:44,360 Speaker 1: back in appreciate all of you hanging out with us. 212 00:12:44,360 --> 00:12:47,920 Speaker 1: We are joined by former Senator, a incredible success story 213 00:12:47,920 --> 00:12:52,439 Speaker 1: in business and current member of the Trump administration, Kelly Loffler. 214 00:12:52,559 --> 00:12:56,040 Speaker 1: She's the head of the SBA, and let's we're gonna 215 00:12:56,040 --> 00:12:57,680 Speaker 1: have you here for a couple of segments. Welcome in. 216 00:12:57,760 --> 00:13:00,160 Speaker 1: I'm glad to have you in studio here, A. 217 00:13:00,120 --> 00:13:00,920 Speaker 3: Great honor to be with you. 218 00:13:01,160 --> 00:13:03,679 Speaker 1: Yeah, So we're testing it out, so we'll see how 219 00:13:03,679 --> 00:13:06,040 Speaker 1: it goes. Hopefully this is going to work well going forward. 220 00:13:06,080 --> 00:13:07,800 Speaker 1: You can watch it on video and let us know 221 00:13:07,840 --> 00:13:12,720 Speaker 1: what you think. Let's start here. The small business is 222 00:13:12,800 --> 00:13:16,720 Speaker 1: the backbone of American life in general. The number of 223 00:13:16,720 --> 00:13:19,240 Speaker 1: small business owners that are listening to us right now, 224 00:13:19,320 --> 00:13:22,880 Speaker 1: I bet is massive. What are you seeing as you 225 00:13:22,960 --> 00:13:24,680 Speaker 1: travel in the nation, because I think you've been to 226 00:13:25,040 --> 00:13:28,040 Speaker 1: the vast majority of state since you took over. About 227 00:13:28,040 --> 00:13:31,480 Speaker 1: the overall economic climate and what do you anticipate the 228 00:13:31,520 --> 00:13:34,120 Speaker 1: impact of the big beautiful bill being for so many 229 00:13:34,120 --> 00:13:35,280 Speaker 1: small businesses out there? 230 00:13:35,360 --> 00:13:38,640 Speaker 3: Well, you're exactly right, Clay. Small business is the backbone 231 00:13:38,640 --> 00:13:41,480 Speaker 3: of our nation. And President Trump knows that. He always 232 00:13:41,520 --> 00:13:45,400 Speaker 3: says small business is big business. The American people know 233 00:13:45,480 --> 00:13:48,760 Speaker 3: that they have put their trust in small businesses as 234 00:13:48,800 --> 00:13:52,880 Speaker 3: an institution is ranked number one in America for trust, 235 00:13:53,360 --> 00:13:57,599 Speaker 3: far above any other so called institution, be it Congress, 236 00:13:57,679 --> 00:14:01,439 Speaker 3: or education or media. Because small businesses get it done. 237 00:14:01,480 --> 00:14:04,560 Speaker 3: And I want to thank every single small business owner 238 00:14:04,600 --> 00:14:07,320 Speaker 3: out there, every small business employee, because they make our 239 00:14:07,360 --> 00:14:11,160 Speaker 3: main streets work. And thanks to President Trump Trump's economic agenda, 240 00:14:11,160 --> 00:14:13,760 Speaker 3: it's coming back because look what we've done. We've passed 241 00:14:14,080 --> 00:14:18,599 Speaker 3: massive tax cuts that now small businesses have permanent expensing, 242 00:14:18,600 --> 00:14:21,720 Speaker 3: one hundred percent expensing to continue to invest in hire. 243 00:14:22,120 --> 00:14:26,600 Speaker 3: I have traveled across the country, probably fifteen seventeen states 244 00:14:26,600 --> 00:14:30,240 Speaker 3: this year, already about forty states last year. What I 245 00:14:30,280 --> 00:14:35,120 Speaker 3: see is a tremendous economic boom happening in the manufacturing space. 246 00:14:35,560 --> 00:14:39,000 Speaker 3: And why is that so positive? Because manufacturing jobs are 247 00:14:39,000 --> 00:14:42,120 Speaker 3: good paying jobs. They make our main streets strong, main 248 00:14:42,160 --> 00:14:45,440 Speaker 3: streets coming back. And then we have massive deregulation because 249 00:14:45,480 --> 00:14:47,840 Speaker 3: President Trump knows, and I know from growing up in 250 00:14:47,880 --> 00:14:50,960 Speaker 3: a small family business, that that crushes small business owners 251 00:14:51,000 --> 00:14:53,640 Speaker 3: when they're dealing with paperwork, bureaucracy, and red tape. 252 00:14:53,840 --> 00:14:55,880 Speaker 1: Let me ask you about one of those particular topics 253 00:14:55,880 --> 00:14:59,320 Speaker 1: you just mentioned, because I think people maybe don't understand 254 00:14:59,360 --> 00:15:03,520 Speaker 1: how it can packed them. One hundred percent expensing small 255 00:15:03,560 --> 00:15:07,400 Speaker 1: business people who have to purchase expensive property to do 256 00:15:07,440 --> 00:15:11,080 Speaker 1: their jobs understand that. Why does that matter so much 257 00:15:11,200 --> 00:15:14,360 Speaker 1: though for business in general in terms of accelerating growth. 258 00:15:14,600 --> 00:15:17,600 Speaker 3: Yeah, So, first of all, the working family tax cut 259 00:15:17,800 --> 00:15:20,920 Speaker 3: was really powerful for small business, not just in making 260 00:15:21,080 --> 00:15:24,040 Speaker 3: the tax rate permanent the twenty percent passed through the 261 00:15:24,040 --> 00:15:30,160 Speaker 3: one ninety nine deduction, but one seventy nine expensing, bonus 262 00:15:30,200 --> 00:15:34,200 Speaker 3: appreciation expansion, one hundred percent expensing on R and D 263 00:15:34,920 --> 00:15:38,560 Speaker 3: manufacturing made in America. All these things are critical because 264 00:15:38,800 --> 00:15:41,800 Speaker 3: that lets a business owner right off one hundred percent 265 00:15:41,800 --> 00:15:45,200 Speaker 3: of the cost of a capital expenditure or R and 266 00:15:45,280 --> 00:15:48,720 Speaker 3: D in year one. It frees up tremendous cash flow 267 00:15:49,040 --> 00:15:52,120 Speaker 3: because if you make an investment and a piece of equipment, well, 268 00:15:52,160 --> 00:15:53,760 Speaker 3: now you've got to hire a worker to help you 269 00:15:53,760 --> 00:15:55,840 Speaker 3: with that equipment, but you have all your capital tied 270 00:15:55,920 --> 00:15:58,560 Speaker 3: up in the equipment. Now they can buy the piece 271 00:15:58,600 --> 00:16:00,880 Speaker 3: of equipment, have a one hundred percent right down against 272 00:16:00,920 --> 00:16:05,680 Speaker 3: their income taxes and hire multiple workers, and so it's 273 00:16:05,760 --> 00:16:08,320 Speaker 3: really generative in terms of economic growth. 274 00:16:08,880 --> 00:16:13,600 Speaker 1: You met with the Vice President's Fraud Task Force just recently, 275 00:16:13,880 --> 00:16:17,440 Speaker 1: I think on Friday, how much one of the things 276 00:16:17,480 --> 00:16:20,040 Speaker 1: that I love about business is ultimately you got to 277 00:16:20,080 --> 00:16:22,120 Speaker 1: either make money or you lose money, and everybody has 278 00:16:22,160 --> 00:16:24,080 Speaker 1: to make payroll. You've been through this, A lot of 279 00:16:24,120 --> 00:16:27,360 Speaker 1: our listeners out there have been through it. When you 280 00:16:27,840 --> 00:16:30,280 Speaker 1: see the amount of fraud in the reports that are 281 00:16:30,320 --> 00:16:33,200 Speaker 1: coming out, how frustrating is it. How much do you 282 00:16:33,280 --> 00:16:36,880 Speaker 1: think the Trump administration, in this particular Fraud Task Force 283 00:16:36,920 --> 00:16:37,960 Speaker 1: can do to address it. 284 00:16:38,400 --> 00:16:40,520 Speaker 3: Well, first of all, we're going to do a lot. 285 00:16:40,760 --> 00:16:45,160 Speaker 3: It's incredibly frustrating to know that up to half a 286 00:16:45,240 --> 00:16:48,720 Speaker 3: trillion dollars a year is wasted according to the GAO's 287 00:16:48,920 --> 00:16:53,440 Speaker 3: own reports on the federal government. Now what this administration 288 00:16:53,560 --> 00:16:55,640 Speaker 3: is doing, and I'm grateful that Vice President Vance is 289 00:16:55,680 --> 00:16:58,000 Speaker 3: leading this task force because he's a doer. He's come 290 00:16:58,000 --> 00:17:00,400 Speaker 3: from the private sector, like many of us in the 291 00:17:00,400 --> 00:17:05,000 Speaker 3: cabinet who understand small business could never run with this mismanagement, 292 00:17:05,040 --> 00:17:08,000 Speaker 3: with this fraud and abuse of programs. At the SBA, 293 00:17:08,119 --> 00:17:11,000 Speaker 3: we found two hundred billion dollars of COVID era fraud 294 00:17:11,280 --> 00:17:14,800 Speaker 3: that the Biden administration either tried to forgive or sweep 295 00:17:14,840 --> 00:17:16,840 Speaker 3: it under the rug, thinking no one would ever come 296 00:17:16,880 --> 00:17:18,800 Speaker 3: after and look for it. Well, this is happening at 297 00:17:18,840 --> 00:17:23,040 Speaker 3: a HHS USDA HUD and we're going to have results. 298 00:17:23,119 --> 00:17:26,240 Speaker 3: And we know that taxpayers deserve to see people in bars, 299 00:17:26,880 --> 00:17:30,840 Speaker 3: behind bars, and to have deterrence, not just to have 300 00:17:30,960 --> 00:17:32,760 Speaker 3: people go to jail, but to make sure that this 301 00:17:32,920 --> 00:17:36,440 Speaker 3: never happens again, because we could substantially cut our debt 302 00:17:36,480 --> 00:17:40,320 Speaker 3: and deficit by attacking simply the fraud and abuse in government. 303 00:17:40,520 --> 00:17:42,199 Speaker 1: Let me tell people out there listening if you have 304 00:17:42,200 --> 00:17:45,440 Speaker 1: any questions you'd like for me to ask Kelly Leffler 305 00:17:45,480 --> 00:17:48,520 Speaker 1: here in studio with me at Clay Travis on Twitter 306 00:17:48,600 --> 00:17:51,080 Speaker 1: right now. I'll look at those during the commercial break 307 00:17:51,560 --> 00:17:53,679 Speaker 1: and we'll hit more of this with her. But I 308 00:17:53,720 --> 00:17:55,119 Speaker 1: want to tell you right now, if you're trying to 309 00:17:55,160 --> 00:17:57,679 Speaker 1: save a bundle up to one thousand dollars over the 310 00:17:57,720 --> 00:17:59,840 Speaker 1: course of a year, you can get hooked up right 311 00:17:59,840 --> 00:18:02,800 Speaker 1: now now pound two five zero from your cell phones. 312 00:18:02,840 --> 00:18:06,000 Speaker 1: Make the switch to pure talk today. That's pound two 313 00:18:06,040 --> 00:18:09,760 Speaker 1: five zero. Make the switch to pure talk today. My kids, 314 00:18:09,960 --> 00:18:12,760 Speaker 1: my senior in high school, my freshmen in high school. 315 00:18:12,800 --> 00:18:15,600 Speaker 1: They both have cell phones, Puretalk cell phones. I use 316 00:18:15,680 --> 00:18:17,800 Speaker 1: those cell phones to stay in touch with them. I 317 00:18:17,840 --> 00:18:19,920 Speaker 1: trust them for my own family. You can trust them 318 00:18:19,920 --> 00:18:23,280 Speaker 1: for yours. How much difference could one thousand dollars make 319 00:18:23,359 --> 00:18:26,560 Speaker 1: to you by the end of the year. A tremendous 320 00:18:26,560 --> 00:18:29,240 Speaker 1: amount of difference when you're getting all those Christmas presents 321 00:18:29,240 --> 00:18:31,199 Speaker 1: and when you're paying all your bills and trying to 322 00:18:31,200 --> 00:18:33,959 Speaker 1: make sure your family hits the budget. Save a bundle 323 00:18:34,040 --> 00:18:37,280 Speaker 1: now you can keep your same phone number and your 324 00:18:37,440 --> 00:18:41,439 Speaker 1: same phone Pound two five zero, save a ton with 325 00:18:41,560 --> 00:18:45,800 Speaker 1: Pure Talk, a company that expresses and appreciates and supports 326 00:18:45,880 --> 00:18:49,639 Speaker 1: your own values. That's pound two five zero, say Clay 327 00:18:49,680 --> 00:18:52,879 Speaker 1: and Buck from your cell phone today, Pound two five zero, 328 00:18:53,080 --> 00:18:56,880 Speaker 1: Welcome back in, Clay, Travis, Buck Sexton show. Tons of 329 00:18:57,160 --> 00:18:59,360 Speaker 1: questions rolling in and I'm going to get to some 330 00:18:59,440 --> 00:19:03,399 Speaker 1: of these in a moment, but let's start. We were 331 00:19:03,440 --> 00:19:06,040 Speaker 1: just talking about fraud, and that is one of the 332 00:19:06,080 --> 00:19:09,280 Speaker 1: primary tenets of a lot of these questions coming in. 333 00:19:09,320 --> 00:19:13,920 Speaker 1: Particularly we're talking with Small Business Administration head Kelly Loffler 334 00:19:13,960 --> 00:19:17,520 Speaker 1: from the Trump Administration, from the Trump Cabinet. She is 335 00:19:17,520 --> 00:19:20,359 Speaker 1: in studio here with me. Buck is traveling to do 336 00:19:20,480 --> 00:19:25,080 Speaker 1: meetings with advertisers and supporters of the show right now. 337 00:19:25,240 --> 00:19:27,399 Speaker 1: He'll be back with me tomorrow at the top of 338 00:19:27,400 --> 00:19:31,800 Speaker 1: the show. So much questions about blue state fraud in particular, 339 00:19:32,480 --> 00:19:35,800 Speaker 1: and what we are seeing in California, and the fact 340 00:19:35,800 --> 00:19:39,040 Speaker 1: that there is now this fraud panel that is being 341 00:19:39,119 --> 00:19:42,040 Speaker 1: chaired by the Vice President designed to crack down on it. 342 00:19:42,640 --> 00:19:46,520 Speaker 1: Are you, even in your position, you've been to roughly 343 00:19:46,600 --> 00:19:49,840 Speaker 1: forty states now to work on small business issues, are 344 00:19:49,920 --> 00:19:53,199 Speaker 1: even you stunned by the degree of fraud that we 345 00:19:53,240 --> 00:19:57,199 Speaker 1: are seeing in blue states, from California to Minnesota and beyond. 346 00:19:57,560 --> 00:20:00,120 Speaker 3: Well, Clay, I think what's stunning about it is the 347 00:20:00,000 --> 00:20:03,840 Speaker 3: the fact that the prior administration, the Biden administration, not 348 00:20:03,880 --> 00:20:07,560 Speaker 3: only didn't do anything about what is potentially a quarter 349 00:20:07,640 --> 00:20:10,720 Speaker 3: trillion or a half trillion dollars worth of fraud annually 350 00:20:10,800 --> 00:20:13,760 Speaker 3: in the federal budget, but that they refused to do 351 00:20:13,800 --> 00:20:19,280 Speaker 3: anything and they helped promote it through their liberal socialist programs. 352 00:20:19,600 --> 00:20:22,360 Speaker 3: And that is nowhere more apparent than in blue states. 353 00:20:22,720 --> 00:20:25,040 Speaker 3: So take two of the states that we've looked at 354 00:20:25,080 --> 00:20:29,119 Speaker 3: at the SBA when the smally fraud rings were exposed 355 00:20:29,880 --> 00:20:32,520 Speaker 3: last year, we immediately went to work looked at it. 356 00:20:32,640 --> 00:20:38,280 Speaker 3: Found about seven thousand borrowers in Minneapolis. In Minnesota that 357 00:20:38,320 --> 00:20:42,520 Speaker 3: we suspended. We went over and looked at California. We 358 00:20:42,560 --> 00:20:46,080 Speaker 3: suspended one hundred and eleven thousand borrowers in the state 359 00:20:46,200 --> 00:20:50,000 Speaker 3: that had committed upwards of ten billion dollars worth of 360 00:20:50,040 --> 00:20:53,639 Speaker 3: fraud that the Biden administration tried to overlook. This is 361 00:20:53,880 --> 00:20:57,119 Speaker 3: hard earned taxpayer dollars that have been stolen from the 362 00:20:57,119 --> 00:21:00,480 Speaker 3: American people. We now have an administration and thanks to 363 00:21:00,520 --> 00:21:03,080 Speaker 3: President Trump and Vice President Vance, that has the will 364 00:21:03,440 --> 00:21:06,440 Speaker 3: and the ability and is putting the resources behind prosecution 365 00:21:07,040 --> 00:21:09,760 Speaker 3: and then going forward stopping it from happening it again. 366 00:21:09,840 --> 00:21:11,920 Speaker 3: We've made a lot of changes at the SBA. One 367 00:21:11,920 --> 00:21:15,119 Speaker 3: of them is banning foreign nationals from getting SBA loans. 368 00:21:15,560 --> 00:21:18,600 Speaker 3: That has never been done in the history of the SBA. 369 00:21:19,280 --> 00:21:21,920 Speaker 3: Now La County wants to sue me for doing that 370 00:21:22,119 --> 00:21:25,960 Speaker 3: because they're completely America last. But this is what it 371 00:21:26,080 --> 00:21:28,679 Speaker 3: means to stand up and put America first. Is to 372 00:21:28,680 --> 00:21:30,959 Speaker 3: make sure Americans are put to the front of the 373 00:21:31,000 --> 00:21:34,600 Speaker 3: line and that their assets are protected, especially small business owners. 374 00:21:34,840 --> 00:21:36,880 Speaker 1: This is an interesting question. I don't know if you've 375 00:21:36,920 --> 00:21:41,840 Speaker 1: ever dealt with this particular angle before, but the SBA 376 00:21:42,040 --> 00:21:47,200 Speaker 1: relationship to FEMA. The question is from one of our listeners, Dello, 377 00:21:47,960 --> 00:21:51,160 Speaker 1: and he's saying that during his time running a small 378 00:21:51,160 --> 00:21:53,320 Speaker 1: business out of a home that a lot of times 379 00:21:53,400 --> 00:21:56,920 Speaker 1: damages to homes and FEMA interactions and everything else. Small 380 00:21:56,960 --> 00:21:59,679 Speaker 1: businesses are frequently run out of homes and then so 381 00:22:00,000 --> 00:22:03,200 Speaker 1: home damage has become significant. How does that interplay work. 382 00:22:03,320 --> 00:22:07,520 Speaker 3: Yeah, you're exactly right, and you know, FEMA is generally 383 00:22:07,680 --> 00:22:10,920 Speaker 3: a program that is directed at the state's response. They 384 00:22:10,960 --> 00:22:16,600 Speaker 3: do have a limited individual benefit response. The SBA is 385 00:22:16,680 --> 00:22:21,720 Speaker 3: different in that we run the largest government backed lending 386 00:22:21,880 --> 00:22:24,879 Speaker 3: for disaster recovery. So we can lend up to a 387 00:22:24,920 --> 00:22:28,639 Speaker 3: couple million dollars in a disaster for that individual to 388 00:22:28,680 --> 00:22:32,040 Speaker 3: come back, low cost, low interest rate, about three and 389 00:22:32,040 --> 00:22:35,040 Speaker 3: a half percent, thirty year loans for disaster recovery. That's 390 00:22:35,040 --> 00:22:38,320 Speaker 3: something that we attempted to do out in California, for example, 391 00:22:38,640 --> 00:22:41,840 Speaker 3: after the wildfires over a year ago, but of course 392 00:22:42,600 --> 00:22:45,720 Speaker 3: the bureaucrats and Newsom and Basque can't get out of 393 00:22:45,720 --> 00:22:48,280 Speaker 3: the way, and so they have about fifteen thousand residents 394 00:22:48,280 --> 00:22:50,200 Speaker 3: that have lost their homes and can't rebuild. 395 00:22:50,720 --> 00:22:55,480 Speaker 1: Another question from American RUFUS. A huge percentage of small 396 00:22:55,520 --> 00:22:59,720 Speaker 1: businesses are sole proprietors, that is one in two man operations. 397 00:23:00,880 --> 00:23:03,600 Speaker 1: How much can you focus that is the smallest of 398 00:23:03,640 --> 00:23:06,719 Speaker 1: small businesses. How do you grow those into bigger business? 399 00:23:06,720 --> 00:23:09,879 Speaker 1: And by the way, what actually qualifies as small business? 400 00:23:09,920 --> 00:23:12,400 Speaker 1: Because the goal obviously is to grow small business into 401 00:23:12,440 --> 00:23:16,040 Speaker 1: big businesses as many people have done. What's that universe like? 402 00:23:16,280 --> 00:23:18,400 Speaker 3: Yeah, so small business? The reason it makes up ninety 403 00:23:18,480 --> 00:23:20,880 Speaker 3: nine percent of all businesses because they can be almost 404 00:23:21,040 --> 00:23:24,280 Speaker 3: medium size. We haven't really changed the definition for a 405 00:23:24,280 --> 00:23:28,280 Speaker 3: long time, but it's five hundred employees and fewer for 406 00:23:28,480 --> 00:23:31,600 Speaker 3: non manufacturing businesses, and for manufacturers you can have up 407 00:23:31,640 --> 00:23:34,639 Speaker 3: to fifteen hundred employees, which is why ninety eight percent 408 00:23:34,680 --> 00:23:37,920 Speaker 3: of all of America's manufacturers are small business and about 409 00:23:37,960 --> 00:23:40,159 Speaker 3: a five million dollar top line. But could go up 410 00:23:40,240 --> 00:23:45,119 Speaker 3: much more for manufacturers, that's for sure. But look, small 411 00:23:45,119 --> 00:23:48,959 Speaker 3: business lending in under President Trump has hit all time records. 412 00:23:49,000 --> 00:23:51,119 Speaker 3: We put out over one hundred billion last year at 413 00:23:51,119 --> 00:23:54,440 Speaker 3: the SBA for the first time ever. These are zero subsidy, 414 00:23:54,640 --> 00:23:56,040 Speaker 3: so I will tell you that we are the most 415 00:23:56,040 --> 00:23:59,920 Speaker 3: free enterprise government agency in the federal government because there's 416 00:24:00,560 --> 00:24:03,280 Speaker 3: they're not backed by taxpayer money. The banks pay a 417 00:24:03,320 --> 00:24:06,320 Speaker 3: guarantee fee to cover the cost, and we put out 418 00:24:06,359 --> 00:24:09,800 Speaker 3: sixty percent of our lending to businesses of five or 419 00:24:09,880 --> 00:24:13,520 Speaker 3: fewer employees. So that is a huge and growing piece 420 00:24:13,640 --> 00:24:17,200 Speaker 3: because of AI. We're going to see solopreneur companies really 421 00:24:17,280 --> 00:24:20,720 Speaker 3: boom thanks to the efficiencies of AI. So I think 422 00:24:20,760 --> 00:24:21,280 Speaker 3: it's growing. 423 00:24:21,440 --> 00:24:26,160 Speaker 1: How optimistic are you about AI's impact. You just said 424 00:24:26,320 --> 00:24:29,480 Speaker 1: the vast majority of businesses in America are small businesses. 425 00:24:29,920 --> 00:24:32,119 Speaker 1: What are you seeing as you've been to forty some 426 00:24:32,160 --> 00:24:35,160 Speaker 1: odd states about the ability of these companies to become 427 00:24:35,160 --> 00:24:38,800 Speaker 1: more efficient with AI and how optimistic are you about 428 00:24:38,800 --> 00:24:42,280 Speaker 1: what that's going to do to help grow and increase profitability. 429 00:24:42,480 --> 00:24:46,719 Speaker 3: Well, I'm incredibly optimistic now that President Trump is ensuring 430 00:24:46,720 --> 00:24:50,360 Speaker 3: that America leads in AI. Just imagine if China we're 431 00:24:50,480 --> 00:24:53,480 Speaker 3: leading in AI. This is table stakes for us to 432 00:24:53,520 --> 00:24:58,840 Speaker 3: compete internationally and defend our national security. So you think 433 00:24:58,880 --> 00:25:02,359 Speaker 3: about the automation coming into manufacturing. We're going to be 434 00:25:02,400 --> 00:25:06,000 Speaker 3: able to reshore whole industries and I've seen it firsthand. 435 00:25:06,000 --> 00:25:09,320 Speaker 3: I've walked factories with sixty people in them that are 436 00:25:09,359 --> 00:25:13,240 Speaker 3: reshoring businesses that we had lost to China years ago 437 00:25:13,320 --> 00:25:18,240 Speaker 3: because of advanced manufacturing, robotic welding AI, and so I'm 438 00:25:18,280 --> 00:25:21,880 Speaker 3: incredibly optimistic that this is not only a force multiplier, 439 00:25:22,160 --> 00:25:25,679 Speaker 3: but this is going to be an increasingly important competitive 440 00:25:25,680 --> 00:25:30,199 Speaker 3: weapon to become the dominant manufacturing superpower in the world, 441 00:25:30,400 --> 00:25:32,760 Speaker 3: a title which we gave away thirty years ago and 442 00:25:32,880 --> 00:25:35,640 Speaker 3: forty years ago. And the president in nineteen eighty seven, 443 00:25:35,680 --> 00:25:38,760 Speaker 3: before he was President Trump, he was private citizen Donald J. 444 00:25:38,840 --> 00:25:42,680 Speaker 3: Trump was running full page ads saying, our policies can 445 00:25:42,720 --> 00:25:45,840 Speaker 3: be fixed with a by someone that has a backbone, 446 00:25:46,160 --> 00:25:48,560 Speaker 3: and that turns out to be him. He was prescient. 447 00:25:48,720 --> 00:25:53,960 Speaker 3: He's been completely convicted that we must have manufacturing in America. 448 00:25:54,240 --> 00:25:56,439 Speaker 3: That's what he was fighting for forty years ago, and 449 00:25:56,480 --> 00:25:57,800 Speaker 3: now we're finally getting it back. 450 00:25:58,320 --> 00:26:00,320 Speaker 1: Mary Wrights, and I'm sure this is something you think 451 00:26:00,320 --> 00:26:01,720 Speaker 1: about all the time. And by the way, thank you 452 00:26:01,760 --> 00:26:03,560 Speaker 1: to all the questions that are rolling in here as 453 00:26:03,560 --> 00:26:07,000 Speaker 1: we're talking to a small business administration head Kelly Leffler 454 00:26:07,040 --> 00:26:11,119 Speaker 1: here in the Nashville studio. Thank you for all you're doing. 455 00:26:11,320 --> 00:26:14,280 Speaker 1: And also what the administration and the cabinet are doing. 456 00:26:14,760 --> 00:26:18,440 Speaker 1: How much time can you spend trying to get good 457 00:26:18,480 --> 00:26:21,840 Speaker 1: messaging out when so much from the legacy media is 458 00:26:21,880 --> 00:26:24,920 Speaker 1: focused on the negative side associated with everything. 459 00:26:25,560 --> 00:26:27,919 Speaker 3: It's just such a great question, and thank you for that, 460 00:26:28,160 --> 00:26:31,600 Speaker 3: because look, the American people know they're being lied to 461 00:26:31,720 --> 00:26:35,679 Speaker 3: by the legacy media. They absolutely know it, and that 462 00:26:35,840 --> 00:26:38,720 Speaker 3: is why I spend most of my time on the road. 463 00:26:38,960 --> 00:26:44,359 Speaker 3: I have spent my entire fourteen months on the job 464 00:26:44,520 --> 00:26:49,720 Speaker 3: traveling around, meeting with hardworking Americans, doing local media, talking 465 00:26:50,200 --> 00:26:53,000 Speaker 3: to folks through great podcasts like this, because we have 466 00:26:53,080 --> 00:26:56,120 Speaker 3: to get the story out. We have such a capable cabinet. 467 00:26:56,440 --> 00:26:59,080 Speaker 3: We have the best communicator in the world as the president, 468 00:26:59,600 --> 00:27:01,359 Speaker 3: and I'm excited. I've been out on the road to 469 00:27:01,480 --> 00:27:04,239 Speaker 3: Vice president events as well, so frequently, and he's going 470 00:27:04,280 --> 00:27:06,440 Speaker 3: to be continuing to get out more. So we are 471 00:27:06,480 --> 00:27:09,639 Speaker 3: just getting started on the messaging. And I think her 472 00:27:09,720 --> 00:27:12,919 Speaker 3: questions are really important one that we all take very 473 00:27:12,960 --> 00:27:17,080 Speaker 3: much to heart. And by the way, this cabinet works 474 00:27:17,280 --> 00:27:20,280 Speaker 3: so hard because we are so inspired by our president 475 00:27:20,680 --> 00:27:23,280 Speaker 3: and the work that he's doing, and there's no better 476 00:27:24,119 --> 00:27:26,280 Speaker 3: person to connect with the American people than him. 477 00:27:26,760 --> 00:27:29,520 Speaker 1: A lot of people out there involved in farming listening 478 00:27:29,600 --> 00:27:32,840 Speaker 1: to us right now, particularly in rural communities. I know 479 00:27:32,920 --> 00:27:35,520 Speaker 1: there was just a big farming event that was directly 480 00:27:35,560 --> 00:27:38,160 Speaker 1: involved with things that the SBA is trying to do 481 00:27:38,280 --> 00:27:41,199 Speaker 1: to help there. What in particular can you say to 482 00:27:41,280 --> 00:27:44,840 Speaker 1: people out there in the farming community about what you're 483 00:27:44,880 --> 00:27:47,120 Speaker 1: trying to do and what the administration is working on. 484 00:27:47,480 --> 00:27:49,680 Speaker 3: Well, Clay, I'm glad you asked. I'm from a five 485 00:27:49,760 --> 00:27:52,560 Speaker 3: generation family farm, grew up working in the fields, and 486 00:27:52,600 --> 00:27:56,119 Speaker 3: shout out to my brother and nephew, Brian and Colin, 487 00:27:56,160 --> 00:27:58,520 Speaker 3: who are probably in the fields right now. I was 488 00:27:58,600 --> 00:28:01,399 Speaker 3: honored to join the President and Secretary Brook Rollins at 489 00:28:01,440 --> 00:28:04,440 Speaker 3: the White House last Friday. And we've partnered a lot 490 00:28:04,480 --> 00:28:08,800 Speaker 3: with USDA at the SBA because farmers are our original 491 00:28:09,080 --> 00:28:12,800 Speaker 3: small businesses in America, and so the Trump administration has 492 00:28:12,800 --> 00:28:15,760 Speaker 3: stood with the American farmer from day one to make 493 00:28:15,800 --> 00:28:19,200 Speaker 3: sure that they have the ability to come back from 494 00:28:19,240 --> 00:28:22,680 Speaker 3: this horrible Green New scam that forced them to have 495 00:28:22,800 --> 00:28:27,480 Speaker 3: diesel exhaust fluid pumped into their trucks and tractors and 496 00:28:27,520 --> 00:28:31,760 Speaker 3: semis and so forth. We're rolling back those Deaf requirements. 497 00:28:32,480 --> 00:28:35,840 Speaker 3: The SBA came out with the Grocery Guarantee, which provides 498 00:28:35,880 --> 00:28:40,920 Speaker 3: a ninety percent government guarantee on everything from farming to fishing, 499 00:28:41,400 --> 00:28:44,400 Speaker 3: to trucking to processing to make sure that our food 500 00:28:44,400 --> 00:28:47,400 Speaker 3: supply is strengthened. And then we start to bring down prices, 501 00:28:47,800 --> 00:28:50,959 Speaker 3: and then things like E fifteen to have year around 502 00:28:51,040 --> 00:28:53,920 Speaker 3: E fifteen, which is so important to our heartland to 503 00:28:54,040 --> 00:28:57,600 Speaker 3: produce crops that fuel our nation. The list goes on 504 00:28:57,840 --> 00:28:59,840 Speaker 3: right to repair. This is something that if you have 505 00:28:59,840 --> 00:29:03,640 Speaker 3: a tractor, you could face thousands of dollars of downtime 506 00:29:04,480 --> 00:29:08,680 Speaker 3: trying to get the implement into the equipment repair when 507 00:29:08,720 --> 00:29:13,040 Speaker 3: you could fix it yourself. So this President, this EPA, USDA, SBA, 508 00:29:13,160 --> 00:29:15,280 Speaker 3: we are on the side of the American farmer like 509 00:29:15,320 --> 00:29:17,880 Speaker 3: never before. And these are people who put it all 510 00:29:17,920 --> 00:29:20,400 Speaker 3: on the line every day, literally seven days a week. 511 00:29:20,720 --> 00:29:22,800 Speaker 3: No one works harder and it's such a great honor 512 00:29:22,840 --> 00:29:24,080 Speaker 3: to serve rule America. 513 00:29:24,600 --> 00:29:26,680 Speaker 1: A big part. We got a couple of questions about this, 514 00:29:26,880 --> 00:29:29,480 Speaker 1: people who own small businesses trying to pass it on 515 00:29:29,560 --> 00:29:32,920 Speaker 1: to airs, particularly farmers, the inheritance tax and how that 516 00:29:32,960 --> 00:29:37,040 Speaker 1: can destroy a life's worth. You mentioned five generations for you, 517 00:29:37,760 --> 00:29:39,800 Speaker 1: what is the latest that the president and his team 518 00:29:39,840 --> 00:29:41,840 Speaker 1: and you guys have been working on to try to 519 00:29:41,920 --> 00:29:44,760 Speaker 1: allow people like you said, the vast majority of businesses 520 00:29:44,800 --> 00:29:47,440 Speaker 1: as defined by this under five hundred employees, by and 521 00:29:47,520 --> 00:29:50,880 Speaker 1: large are small businesses, so families can keep those businesses 522 00:29:50,880 --> 00:29:51,320 Speaker 1: in house. 523 00:29:51,680 --> 00:29:54,680 Speaker 3: Well, this is this is something that the Trump administration 524 00:29:54,880 --> 00:29:57,120 Speaker 3: ended through the Working Families Tax cut. I mean, this 525 00:29:57,240 --> 00:30:00,320 Speaker 3: is really confiscation when you think about the owner as 526 00:30:00,440 --> 00:30:03,120 Speaker 3: tax that. I mean, I watched my parents have to 527 00:30:03,200 --> 00:30:06,600 Speaker 3: pay thousands of dollars when we were barely making ends 528 00:30:06,640 --> 00:30:10,040 Speaker 3: meet just to have an insurance policy in case something happened, 529 00:30:10,040 --> 00:30:12,960 Speaker 3: a life insurance that happened to some to them, they 530 00:30:13,000 --> 00:30:15,080 Speaker 3: would have to sell the farm if they didn't have 531 00:30:15,160 --> 00:30:19,400 Speaker 3: life insurance to cover the proceeds of the tax owed 532 00:30:19,680 --> 00:30:21,840 Speaker 3: in the case of death. I mean, this is this 533 00:30:21,920 --> 00:30:26,160 Speaker 3: is truly transformative or farming for small businesses to be 534 00:30:26,160 --> 00:30:30,320 Speaker 3: able to ensure those family those generational businesses that make 535 00:30:30,400 --> 00:30:34,000 Speaker 3: our main streets work, whether you're a rural or urban community. 536 00:30:34,440 --> 00:30:36,640 Speaker 3: And so this is just another example. But this is 537 00:30:36,640 --> 00:30:40,520 Speaker 3: what Democrats do. They tax and spend and confiscate hard 538 00:30:40,520 --> 00:30:45,520 Speaker 3: working Americans. The sweat of their brow equity in their businesses. 539 00:30:45,760 --> 00:30:49,080 Speaker 3: And so that's that's what the President and Republicans in 540 00:30:49,160 --> 00:30:53,640 Speaker 3: Congress did, was to protect small business by ending the tax. 541 00:30:54,240 --> 00:30:56,160 Speaker 1: Last question for you, and this has been awesome. I 542 00:30:56,160 --> 00:30:58,600 Speaker 1: appreciate you coming out to the studio here. You're a 543 00:30:58,640 --> 00:31:01,840 Speaker 1: big time sports fan. In the middle of March Madness 544 00:31:01,880 --> 00:31:06,840 Speaker 1: final fours being set left and right. Also, the Olympics 545 00:31:07,280 --> 00:31:10,080 Speaker 1: came out and said, hey, men who were identifying as 546 00:31:10,160 --> 00:31:13,680 Speaker 1: women are no longer going to be able to compete. 547 00:31:13,720 --> 00:31:16,480 Speaker 1: So two part for you, how's the bracket looking and 548 00:31:16,520 --> 00:31:21,720 Speaker 1: how are you enjoying March Madness transpiring? And this is 549 00:31:21,800 --> 00:31:25,040 Speaker 1: direct result I think of the President's statements on men 550 00:31:25,080 --> 00:31:27,720 Speaker 1: and women's sports that the Olympics has now come out 551 00:31:27,760 --> 00:31:30,720 Speaker 1: and said no more with this. Your thoughts on both. 552 00:31:30,680 --> 00:31:33,280 Speaker 3: Well, first of all, I was the first US Senator 553 00:31:33,320 --> 00:31:36,160 Speaker 3: in history to introduce protecting girls sports in twenty twenty 554 00:31:36,200 --> 00:31:38,680 Speaker 3: on the Senate floor. It's a common sense idea that 555 00:31:38,680 --> 00:31:40,800 Speaker 3: got a lot of pushback and saying it wasn't a problem. Well, 556 00:31:40,840 --> 00:31:43,360 Speaker 3: clearly it was a problem. You know, six years later later, 557 00:31:43,440 --> 00:31:46,320 Speaker 3: we know it is devastating. Finally, the Olympic Committee has 558 00:31:46,360 --> 00:31:49,400 Speaker 3: come around to that. But look, I'm still on a 559 00:31:49,480 --> 00:31:53,040 Speaker 3: high from the team USA Hockey win, so I can 560 00:31:53,080 --> 00:31:55,240 Speaker 3: also you know, I think we have millions of new 561 00:31:55,280 --> 00:31:57,840 Speaker 3: hockey fans in the country, so I'm really glad they 562 00:31:57,880 --> 00:32:00,240 Speaker 3: did that, but unfortunately there's so much work to do 563 00:32:00,320 --> 00:32:03,560 Speaker 3: in this country. Still. I'm protecting girls' sports and I'm 564 00:32:03,560 --> 00:32:06,960 Speaker 3: so glad there's fighters up with me in Washington doing it. 565 00:32:07,680 --> 00:32:09,360 Speaker 3: And then the other thing, the bracket. I mean, I'm 566 00:32:09,400 --> 00:32:12,080 Speaker 3: in a line. I graduated from there back in the 567 00:32:12,120 --> 00:32:16,320 Speaker 3: nineteen hundreds and when I was a freshman there we 568 00:32:16,360 --> 00:32:19,560 Speaker 3: went to the final four. We had player Kendall Gill. 569 00:32:19,600 --> 00:32:23,280 Speaker 3: He ended up in the NBA. I'm thrilled with how 570 00:32:23,320 --> 00:32:26,400 Speaker 3: it's looking and I just hope for my nephew that Ellen, 571 00:32:26,520 --> 00:32:28,040 Speaker 3: I the Ali and I come out on top. 572 00:32:28,160 --> 00:32:30,200 Speaker 1: So it's been a good season. They'll be playing Yukon 573 00:32:30,320 --> 00:32:32,640 Speaker 1: after the miracle shot they hit to beat Duke, and 574 00:32:32,640 --> 00:32:35,680 Speaker 1: then on the other side you've got Arizona going up 575 00:32:35,720 --> 00:32:38,760 Speaker 1: against Michigan. We appreciate the time. I know how busy 576 00:32:38,840 --> 00:32:41,240 Speaker 1: you are running all over the place, and thank you 577 00:32:41,280 --> 00:32:43,720 Speaker 1: guys out there for the questions. We'll be back close 578 00:32:43,760 --> 00:32:45,480 Speaker 1: out the show next, But I want to tell you 579 00:32:45,560 --> 00:32:48,560 Speaker 1: Cozy Earth makes some of the world's softest products, starting 580 00:32:48,560 --> 00:32:51,440 Speaker 1: with sheets and betting hands down softest sheets you may 581 00:32:51,480 --> 00:32:55,120 Speaker 1: ever experience, constructed to stay that way for years, Cozy 582 00:32:55,160 --> 00:32:58,239 Speaker 1: Earth got hooked up. We love all the brands at 583 00:32:58,280 --> 00:33:01,440 Speaker 1: Cozy Earth. They back everything. With one hundred nights sleep trial, 584 00:33:01,480 --> 00:33:04,360 Speaker 1: ten year warranty, you can try it completely risk free, 585 00:33:04,760 --> 00:33:07,160 Speaker 1: not too early to think about Mother's Day gift five 586 00:33:07,200 --> 00:33:11,000 Speaker 1: weeks away. Cozy Earth perfect. If you're looking for something snugly, 587 00:33:11,080 --> 00:33:14,560 Speaker 1: in fact, Cozy Earth robes something she'll use and appreciate 588 00:33:14,600 --> 00:33:17,440 Speaker 1: every single day. Go to cozy earth dot com. Use 589 00:33:17,440 --> 00:33:20,640 Speaker 1: my name Clay as the promo code for twenty percent off. 590 00:33:20,680 --> 00:33:24,760 Speaker 1: That's cozyearth dot com promo code Clay for twenty percent off. 591 00:33:24,920 --> 00:33:27,280 Speaker 1: And if you see the post purchase survey, you can 592 00:33:27,320 --> 00:33:30,920 Speaker 1: mention you heard about Cozy Earth here. That's Cozy Earthcozy 593 00:33:31,120 --> 00:33:35,880 Speaker 1: earth dot Com promo code Clay twenty. Do not be 594 00:33:36,000 --> 00:33:39,880 Speaker 1: an unkor Hello Clay and Buck on YouTube, Subscribe, like 595 00:33:39,960 --> 00:33:44,120 Speaker 1: and share, and keep the conversation going. Welcome back in Clay, 596 00:33:44,240 --> 00:33:48,959 Speaker 1: Travis buck Sexton Show. Appreciate all of you. We've got 597 00:33:48,960 --> 00:33:52,360 Speaker 1: a bunch of people who are, let's see, reacting to 598 00:33:52,400 --> 00:33:55,920 Speaker 1: a variety of different subjects throughout the course of the program. 599 00:33:56,120 --> 00:33:59,720 Speaker 1: Let me hit as many of these as I can, 600 00:34:00,040 --> 00:34:04,600 Speaker 1: and I believe see this is really funny. Podcast listener 601 00:34:04,600 --> 00:34:06,880 Speaker 1: events from Houston. I was telling my wife about this, 602 00:34:07,920 --> 00:34:10,800 Speaker 1: the no King's protest. They had a no King's protest, 603 00:34:10,880 --> 00:34:16,719 Speaker 1: this is real in London cut Sea listen. Oh King's 604 00:34:16,760 --> 00:34:18,280 Speaker 1: protest was such a joke. 605 00:34:19,360 --> 00:34:22,560 Speaker 4: They even had one in England, which I actually have 606 00:34:22,640 --> 00:34:25,200 Speaker 4: a king, So none of this makes sense. 607 00:34:25,840 --> 00:34:29,400 Speaker 2: Liberalism is just but nothing about a mental disease. 608 00:34:30,360 --> 00:34:32,840 Speaker 1: No doubt. But I think they changed it to No 609 00:34:33,040 --> 00:34:38,799 Speaker 1: Tyrant's Day in No Tyrants Protest in London because even 610 00:34:38,840 --> 00:34:42,560 Speaker 1: they were aware of how ridiculous it otherwise would sound. 611 00:34:43,120 --> 00:34:47,440 Speaker 1: Darryl in Colorado says that the difference in having the 612 00:34:47,480 --> 00:34:50,960 Speaker 1: ice agents thanks to Linda in Arizona helping to make 613 00:34:50,960 --> 00:34:54,839 Speaker 1: that happen. Says that his wife's transition and travel has 614 00:34:54,880 --> 00:34:55,560 Speaker 1: been much better. 615 00:34:55,640 --> 00:34:59,440 Speaker 5: D My wife just grew back from Milana on Friday, 616 00:34:59,480 --> 00:35:02,040 Speaker 5: and she said that it was a much smoother than 617 00:35:02,040 --> 00:35:06,239 Speaker 5: when she went in on Monday, So it seems like 618 00:35:06,280 --> 00:35:07,400 Speaker 5: it's working out great. 619 00:35:09,239 --> 00:35:12,040 Speaker 1: Ricky in Kentucky has a joke for all of you, 620 00:35:12,680 --> 00:35:15,160 Speaker 1: in particular. I imagine this is going to be at 621 00:35:15,160 --> 00:35:18,200 Speaker 1: my expense. This is talkback E Listen. 622 00:35:18,120 --> 00:35:21,279 Speaker 4: Hey, Clay Travis, you know all the golf courses in 623 00:35:21,320 --> 00:35:24,959 Speaker 4: Tennessee only have fourteen holes because you guys never play 624 00:35:25,000 --> 00:35:28,000 Speaker 4: the final four. I am so glad we don't have 625 00:35:28,040 --> 00:35:30,440 Speaker 4: to look at that pukey looking orange color anymore. 626 00:35:31,960 --> 00:35:35,759 Speaker 1: Yeah, this was a tough one, three straight Elite eight 627 00:35:35,920 --> 00:35:41,640 Speaker 1: losses for my beloved Tennessee volunteers. So just FYI, thank 628 00:35:41,680 --> 00:35:44,120 Speaker 1: you for that call. I haven't actually heard that joke before. 629 00:35:45,600 --> 00:35:50,080 Speaker 1: Let's see I did it at mel in Montclair, New Jersey. 630 00:35:51,080 --> 00:35:52,600 Speaker 1: F Let's see what he has to say. 631 00:35:54,200 --> 00:35:58,520 Speaker 6: To your show, and is wondering I this is some 632 00:35:58,680 --> 00:36:03,839 Speaker 6: way that I have difficulty distinguishing who's talking, whether it's 633 00:36:03,960 --> 00:36:07,480 Speaker 6: Clay or Buck. So in some way you can help 634 00:36:07,520 --> 00:36:10,960 Speaker 6: me to let me know who's talking when they're talking, 635 00:36:11,080 --> 00:36:15,399 Speaker 6: so I can understand each individual's point of view. Thank 636 00:36:15,480 --> 00:36:16,120 Speaker 6: you very much. 637 00:36:16,600 --> 00:36:18,760 Speaker 1: I'm the one who makes all the good arguments. Buck 638 00:36:18,800 --> 00:36:20,880 Speaker 1: is the one who makes all the bad arguments. So 639 00:36:20,960 --> 00:36:23,439 Speaker 1: if you're listening and you think to yourself, oh, that's 640 00:36:23,440 --> 00:36:26,200 Speaker 1: a really good take. That's me. If you're listening and 641 00:36:26,239 --> 00:36:28,839 Speaker 1: you're saying, I have no idea what that guy's talking about, 642 00:36:28,960 --> 00:36:31,840 Speaker 1: that's Buck. I hope that helps out. In all honesty, 643 00:36:31,960 --> 00:36:34,920 Speaker 1: I will have videos soon and you'll be able to 644 00:36:34,920 --> 00:36:38,880 Speaker 1: see us. But I do know that we sound somewhat similar, 645 00:36:39,000 --> 00:36:41,080 Speaker 1: so hopefully over time you'll start to be able to 646 00:36:41,080 --> 00:36:43,080 Speaker 1: tell the difference. I think most of you have five 647 00:36:43,160 --> 00:36:45,160 Speaker 1: years in Welcome to the club, though, thanks for hanging 648 00:36:45,200 --> 00:36:45,560 Speaker 1: with us.