1 00:00:01,639 --> 00:00:06,160 Speaker 1: Now from our nation's capital. This is Bloomberg's Sound on 2 00:00:06,960 --> 00:00:08,840 Speaker 1: the I R S. Does not treat me well. They 3 00:00:08,880 --> 00:00:10,800 Speaker 1: treat me like the Tea Party, like they treated the 4 00:00:10,800 --> 00:00:14,040 Speaker 1: Tea Party. No party in any Congress should have the 5 00:00:14,080 --> 00:00:18,120 Speaker 1: authority to rummage around in your tax returns. They don't 6 00:00:18,120 --> 00:00:22,120 Speaker 1: have any concern about their taxes. They shouldn't be worried 7 00:00:22,160 --> 00:00:27,400 Speaker 1: about releasing their tax Bloomberg Sound on Politics, Policy and 8 00:00:27,480 --> 00:00:31,040 Speaker 1: Perspective from DC's top name. This is a win for 9 00:00:31,120 --> 00:00:33,760 Speaker 1: the Biden administration that they will not talk about day. 10 00:00:33,800 --> 00:00:36,760 Speaker 1: We must all say clearly and forcefully and as Semitism 11 00:00:36,760 --> 00:00:38,839 Speaker 1: in all forms of hate and violence in this country 12 00:00:39,000 --> 00:00:43,760 Speaker 1: have no safe harbor in America. Seri Bloomberg Sound On 13 00:00:43,920 --> 00:00:48,800 Speaker 1: with Joe Matthew on Bloomberg Radio. They finally dropped a budget, 14 00:00:49,159 --> 00:00:52,280 Speaker 1: but can they actually pass it in time for Christmas. 15 00:00:52,560 --> 00:00:55,640 Speaker 1: Welcome to the fastest hour in politics, as lawmakers drop 16 00:00:55,640 --> 00:00:58,960 Speaker 1: a more than four thousand page bill to fund the 17 00:00:59,000 --> 00:01:03,200 Speaker 1: governments and conservative Republicans are pushing back. We'll tell you 18 00:01:03,240 --> 00:01:05,280 Speaker 1: what's in the bill and what's out ahead with Bloomberg 19 00:01:05,319 --> 00:01:08,200 Speaker 1: Government's Jack Fitzpatrick, and we'll talk about it with Mia 20 00:01:08,280 --> 00:01:11,560 Speaker 1: McGinnis from the Committee for a Responsible Federal Budget. It 21 00:01:11,600 --> 00:01:14,399 Speaker 1: appears Donald Trump's tax returns are about to go public. 22 00:01:14,400 --> 00:01:16,720 Speaker 1: They're debating it right now in the Ways and Means Committee, 23 00:01:16,959 --> 00:01:18,760 Speaker 1: and we're watching, so you don't have to in the 24 00:01:18,760 --> 00:01:21,760 Speaker 1: White House facing a deadline to respond to the Supreme 25 00:01:21,760 --> 00:01:24,000 Speaker 1: Courts ruling on titled forty two. We'll have more with 26 00:01:24,040 --> 00:01:27,639 Speaker 1: Immigration attorney David Leopold later this hour and our panel 27 00:01:27,680 --> 00:01:32,640 Speaker 1: Bloomberg Politics contributor, Democratic analyst Genie Chanzano, and Republican strategist 28 00:01:32,680 --> 00:01:36,520 Speaker 1: Lisa Kamuso Miller, former communications director at the r n C. 29 00:01:37,240 --> 00:01:38,959 Speaker 1: It was a late night for a lot of folks 30 00:01:39,000 --> 00:01:40,880 Speaker 1: like Jack Fitzpatrick, who we're going to talk with in 31 00:01:41,000 --> 00:01:42,880 Speaker 1: just a moment. The budget drop at one thirty in 32 00:01:42,920 --> 00:01:46,440 Speaker 1: the morning. That's the way it goes around here, and 33 00:01:46,520 --> 00:01:49,200 Speaker 1: so it was a pleasure for the Majority Leader Chuck 34 00:01:49,240 --> 00:01:52,800 Speaker 1: Schumer to hit the floor once the sun finally came up. Perious, 35 00:01:53,120 --> 00:01:57,840 Speaker 1: I have good news. With days left before Christmas, Democrats 36 00:01:57,880 --> 00:02:02,400 Speaker 1: and Republicans have reached an omnibus agreement completed at one 37 00:02:02,960 --> 00:02:06,160 Speaker 1: a m. Early this morning, in the very early hours 38 00:02:06,160 --> 00:02:10,120 Speaker 1: of the morning. Chairman Lahy and ranking Member Shelby released 39 00:02:10,120 --> 00:02:16,000 Speaker 1: a long sought bipartisan b camera camera Omnibus Appropriations bill 40 00:02:16,080 --> 00:02:20,240 Speaker 1: for fiscal year Tree. There it is the majority leader 41 00:02:20,280 --> 00:02:24,079 Speaker 1: with his final piece of major business of the year. Imagine, 42 00:02:24,680 --> 00:02:27,280 Speaker 1: imagine being able to take a victory lap like that 43 00:02:27,360 --> 00:02:30,360 Speaker 1: for for doing your job, getting up in front of 44 00:02:30,360 --> 00:02:34,160 Speaker 1: the podium. I just want to say, even Mitch McConnell 45 00:02:34,840 --> 00:02:36,840 Speaker 1: was taking the victory lap this morning. Listen to the 46 00:02:36,840 --> 00:02:39,960 Speaker 1: Republican leader in the Senate. This omnibus bill, it will 47 00:02:40,000 --> 00:02:45,000 Speaker 1: be on the floor, provides a real dollar increase for 48 00:02:45,160 --> 00:02:51,639 Speaker 1: the defense baseline and a real dollar cut with a 49 00:02:51,720 --> 00:02:59,600 Speaker 1: non defense baseline if you exclude veterans. That is absolutely 50 00:02:59,639 --> 00:03:02,760 Speaker 1: critic of the breaking the pattern we've had in the 51 00:03:02,800 --> 00:03:05,120 Speaker 1: past when we've ended up in one of these situations 52 00:03:05,200 --> 00:03:09,519 Speaker 1: where every time Republicans tried to get an increase in defense, 53 00:03:10,680 --> 00:03:12,440 Speaker 1: we would in effect that to pay a ransom to 54 00:03:12,440 --> 00:03:16,639 Speaker 1: the Democrats on the domestic side. So everybody's going home happy. 55 00:03:17,200 --> 00:03:19,239 Speaker 1: One point seven trillion dollars, as we told you of 56 00:03:19,320 --> 00:03:23,119 Speaker 1: the omnibus package to fund the government through September four 57 00:03:23,160 --> 00:03:26,520 Speaker 1: thousand one pages will get to questions about who's ever 58 00:03:26,560 --> 00:03:29,440 Speaker 1: going to read it? As we're joined by Jack Fitzpatrick, 59 00:03:30,280 --> 00:03:34,440 Speaker 1: the Bloomberg government budget expert, who's propping his eyelids open 60 00:03:34,520 --> 00:03:38,000 Speaker 1: for us right now. I presume Jack welcome. I appreciate 61 00:03:38,040 --> 00:03:42,600 Speaker 1: you being here. Is is it going to pass? It 62 00:03:42,680 --> 00:03:45,360 Speaker 1: seems like it has the votes. The question is more 63 00:03:45,440 --> 00:03:49,080 Speaker 1: on timing and what amendment votes the Conservatives are going 64 00:03:49,120 --> 00:03:51,600 Speaker 1: to demand. I will say it's going to be a 65 00:03:51,640 --> 00:03:54,960 Speaker 1: close vote in the House, but it's leaning toward you know, 66 00:03:55,040 --> 00:03:56,920 Speaker 1: it looks like this thing is on a pretty good track. 67 00:03:57,720 --> 00:04:00,640 Speaker 1: But again, the real questions they wait so long until 68 00:04:01,320 --> 00:04:04,040 Speaker 1: right before the deadline that because of the way the 69 00:04:04,080 --> 00:04:08,120 Speaker 1: Senate does business, they're probably going to need unanimous consent 70 00:04:08,440 --> 00:04:11,840 Speaker 1: to have a time agreement, because usually without a time agreement, 71 00:04:11,880 --> 00:04:14,640 Speaker 1: without unanimous consent, it can take about a week to 72 00:04:14,720 --> 00:04:16,480 Speaker 1: pass a bill in the Senate, and we don't have 73 00:04:16,560 --> 00:04:18,799 Speaker 1: a week. So that puts the ball in the court 74 00:04:18,880 --> 00:04:22,160 Speaker 1: of the Conservatives, who sometimes like to dig in their 75 00:04:22,200 --> 00:04:24,359 Speaker 1: heels because they don't like this way of doing business. 76 00:04:24,360 --> 00:04:29,320 Speaker 1: Your rand Paul Mike Lee bron types, and they they 77 00:04:29,320 --> 00:04:31,360 Speaker 1: they have not threatened to shut down. They have said 78 00:04:31,400 --> 00:04:33,800 Speaker 1: they don't expect to shut down. They've also pointed out 79 00:04:33,800 --> 00:04:35,839 Speaker 1: that it wouldn't really be their fault that this is 80 00:04:35,839 --> 00:04:37,760 Speaker 1: how it's going if there were a shutdown, and they 81 00:04:37,760 --> 00:04:41,680 Speaker 1: haven't decided exactly how they're going to what demands they're 82 00:04:41,680 --> 00:04:45,520 Speaker 1: going to make, So once again, they're taking it right 83 00:04:45,560 --> 00:04:48,240 Speaker 1: down to the limit. If there's anybody in the Senate 84 00:04:48,279 --> 00:04:50,200 Speaker 1: who wants to shut the government down, it looks like 85 00:04:50,240 --> 00:04:54,080 Speaker 1: they could, but no one's explicitly threatening a shutdown. It 86 00:04:54,080 --> 00:04:55,960 Speaker 1: seems like they're all sort of figuring out what their 87 00:04:56,000 --> 00:05:00,200 Speaker 1: strategies are for amendment votes. We have breaking news here. Act. 88 00:05:00,200 --> 00:05:02,440 Speaker 1: You might have heard rumblings about this earlier because I 89 00:05:02,480 --> 00:05:05,600 Speaker 1: know you're roaming the halls of the capital. But President 90 00:05:05,680 --> 00:05:10,120 Speaker 1: Zelenski is going to address the Congress, the US Congress 91 00:05:10,160 --> 00:05:13,760 Speaker 1: in person tomorrow. We've had him address a joint session 92 00:05:13,800 --> 00:05:16,880 Speaker 1: of Congress virtually, but this is a big deal. Uh. 93 00:05:17,000 --> 00:05:19,880 Speaker 1: And and knowing that forty five what was it, forty 94 00:05:19,880 --> 00:05:23,840 Speaker 1: five billion dollars in supplemental funding was approved for Ukraine 95 00:05:23,839 --> 00:05:26,719 Speaker 1: as part of this bill, I guess this is his 96 00:05:26,800 --> 00:05:30,159 Speaker 1: way of saying thank you. Yeah, this is a big one. 97 00:05:30,240 --> 00:05:33,240 Speaker 1: And I'm glad we just got confirmation on the terminal 98 00:05:33,279 --> 00:05:35,599 Speaker 1: because I know about half a dozen of our colleagues 99 00:05:35,600 --> 00:05:39,240 Speaker 1: were working on chasing that down as uh, it's it's 100 00:05:39,279 --> 00:05:42,279 Speaker 1: a big deal. Yes, it's it's right to note that 101 00:05:42,560 --> 00:05:46,719 Speaker 1: there is a forty five billion dollars supplemental spending measure 102 00:05:46,839 --> 00:05:50,640 Speaker 1: for Ukraine aid in this omnibus um. There have been 103 00:05:50,720 --> 00:05:54,200 Speaker 1: some questions about really where House Republicans come down in 104 00:05:54,240 --> 00:05:58,560 Speaker 1: the firmness of their support for Ukraine and IT. Republicans 105 00:05:58,560 --> 00:06:02,200 Speaker 1: are definitely there for it. To have a joint address 106 00:06:02,279 --> 00:06:05,640 Speaker 1: to Congress and in person addressed especially would be a 107 00:06:05,760 --> 00:06:08,479 Speaker 1: very significant moment, and it would come at a a 108 00:06:08,560 --> 00:06:13,520 Speaker 1: pretty pivotal time where people who are are allies of 109 00:06:13,680 --> 00:06:16,960 Speaker 1: Ukraine and want the US to stay really invested in it, 110 00:06:17,200 --> 00:06:20,480 Speaker 1: want to re up that sense of momentum because these 111 00:06:20,560 --> 00:06:22,040 Speaker 1: kinds of agreements are going to be a bit more 112 00:06:22,080 --> 00:06:25,360 Speaker 1: difficult when it's a Republican House and a Democratic Senate. 113 00:06:25,839 --> 00:06:28,000 Speaker 1: So any sort of show of unity with him there 114 00:06:28,000 --> 00:06:31,119 Speaker 1: would be a very significant thing. Jack, thanks for checking 115 00:06:31,120 --> 00:06:34,680 Speaker 1: any great reporting. We've been following Jack's reporting from Bloomberg 116 00:06:34,720 --> 00:06:36,960 Speaker 1: Government on the terminal throughout this whole process, and we 117 00:06:37,000 --> 00:06:39,120 Speaker 1: will do so likely through what I'm guessing will be 118 00:06:39,200 --> 00:06:43,120 Speaker 1: late Friday, as we add Maya McGinnis to the mix here. 119 00:06:43,160 --> 00:06:46,320 Speaker 1: I'm delighted to say that she's with us here just 120 00:06:46,440 --> 00:06:50,640 Speaker 1: as we learn that President Zelenski will be addressing Congress 121 00:06:50,640 --> 00:06:54,039 Speaker 1: tomorrow with the Committee for a Responsible Federal Budget, she 122 00:06:54,200 --> 00:06:56,000 Speaker 1: is in fact the President. Maya. What do you make 123 00:06:56,040 --> 00:06:59,440 Speaker 1: of this, just as we're preparing for a vote on, 124 00:06:59,600 --> 00:07:03,359 Speaker 1: among many other things, supplemental funding for the war in Ukraine? 125 00:07:05,080 --> 00:07:07,200 Speaker 1: Right Well, I think the point that I would make 126 00:07:07,279 --> 00:07:10,040 Speaker 1: is that these are issues that there are so many 127 00:07:10,120 --> 00:07:14,000 Speaker 1: important things thrown into this massive end of the year, 128 00:07:14,160 --> 00:07:17,720 Speaker 1: last minute legislation that none of the individual components are 129 00:07:17,720 --> 00:07:21,320 Speaker 1: getting the attention they deserve. Because this in and of itself, 130 00:07:21,400 --> 00:07:23,400 Speaker 1: the funding for Ukraine, the fact that he will be 131 00:07:23,400 --> 00:07:26,440 Speaker 1: addressed in Congress, this is a huge deal when we 132 00:07:26,520 --> 00:07:28,960 Speaker 1: happen just at the same point that they are failing 133 00:07:29,000 --> 00:07:32,360 Speaker 1: to read the four thousand page legislation on what they 134 00:07:32,360 --> 00:07:35,480 Speaker 1: are about to pass, and it goes to I think 135 00:07:35,480 --> 00:07:39,200 Speaker 1: the real issue of oversight and paying sufficient attention to 136 00:07:39,240 --> 00:07:43,440 Speaker 1: the individual, very critical components that make up this huge budget, 137 00:07:43,720 --> 00:07:45,880 Speaker 1: none of which are getting the attention they deserve. You've 138 00:07:45,920 --> 00:07:47,840 Speaker 1: got to be happy we're not talking about a cr 139 00:07:47,880 --> 00:07:50,560 Speaker 1: though right now correct? Or would you have preferred that 140 00:07:50,640 --> 00:07:54,320 Speaker 1: Republicans got got the reins on this next year? I 141 00:07:54,400 --> 00:07:57,360 Speaker 1: actually think a CR would have limited funding in a 142 00:07:57,400 --> 00:08:00,080 Speaker 1: better way. So let's let's take a step back. The 143 00:08:00,120 --> 00:08:02,440 Speaker 1: first point I would make is the fact that anybody 144 00:08:02,560 --> 00:08:06,600 Speaker 1: is proud of getting this legislation done is just an abomination, 145 00:08:06,680 --> 00:08:10,000 Speaker 1: giving that we are one quarter of the way through 146 00:08:10,040 --> 00:08:15,520 Speaker 1: the fiscal year already three months later, and we're still 147 00:08:15,520 --> 00:08:18,800 Speaker 1: seeing all sorts of self congratulations, and they'll be sorts 148 00:08:18,800 --> 00:08:21,720 Speaker 1: of backslapping on the on the floor, so that already 149 00:08:21,800 --> 00:08:24,640 Speaker 1: is a huge problem. The second is that we are 150 00:08:24,720 --> 00:08:28,480 Speaker 1: in a moment of massively high debt levels and massively 151 00:08:28,560 --> 00:08:32,920 Speaker 1: high inflation, hopefully improving, but still exceedingly high. And this 152 00:08:33,080 --> 00:08:36,280 Speaker 1: is a bill that's funding most areas of the government 153 00:08:36,640 --> 00:08:41,560 Speaker 1: above inflation, so that means it will actually contribute further 154 00:08:41,840 --> 00:08:44,920 Speaker 1: upwards pressure on inflation. And did that product that look 155 00:08:45,000 --> 00:08:49,240 Speaker 1: different if Republicans wrote it next year, Well, it depends 156 00:08:49,360 --> 00:08:51,680 Speaker 1: it would have looked different. That the spending would be lower, 157 00:08:51,880 --> 00:08:53,840 Speaker 1: but there would have been a bunch of tax cuts 158 00:08:53,840 --> 00:08:56,360 Speaker 1: which didn't make it into this bill because also would 159 00:08:56,360 --> 00:08:59,439 Speaker 1: have been inflationary. So we would have had likely a 160 00:09:00,160 --> 00:09:02,720 Speaker 1: pro inflation bill no matter who was designing it, it 161 00:09:02,760 --> 00:09:05,240 Speaker 1: just would have looked different. I am actually relieved at 162 00:09:05,280 --> 00:09:07,160 Speaker 1: the big tax cuts that they were talking about on 163 00:09:07,200 --> 00:09:09,440 Speaker 1: both sides of the aisle, extending some of the Trump 164 00:09:09,440 --> 00:09:12,320 Speaker 1: tax cuts in return for the child tax credit policies 165 00:09:12,320 --> 00:09:14,760 Speaker 1: which might make sense but weren't paid for. I'm relieved 166 00:09:14,760 --> 00:09:16,680 Speaker 1: that those weren't in this bill, and they would have 167 00:09:16,720 --> 00:09:19,360 Speaker 1: been bad for the debt and bad for inflation. Jack 168 00:09:19,400 --> 00:09:23,280 Speaker 1: mentioned Ran Paul. He and some of his colleagues from 169 00:09:23,320 --> 00:09:27,200 Speaker 1: the Republican side of the Senate, who are very upset 170 00:09:27,200 --> 00:09:29,559 Speaker 1: about this, held a briefing today. They're pushing back on 171 00:09:29,600 --> 00:09:32,440 Speaker 1: this and and you know, he might be singing to 172 00:09:32,480 --> 00:09:35,520 Speaker 1: you in this case, Maya, because they're you know, the 173 00:09:35,559 --> 00:09:37,720 Speaker 1: fact of the matter is, to the point you just made. 174 00:09:38,160 --> 00:09:40,719 Speaker 1: It's three months late. Listen to Senator ran Paul. I 175 00:09:40,880 --> 00:09:45,040 Speaker 1: brought with me the OMBTI four thousand, one and fifty 176 00:09:45,480 --> 00:09:48,920 Speaker 1: pages there When was it produced in the debt of 177 00:09:48,960 --> 00:09:51,400 Speaker 1: the night one thirty in the morning when it was released. 178 00:09:52,120 --> 00:09:55,720 Speaker 1: Now people argue that it's conservatives fault. It's you don't 179 00:09:55,760 --> 00:09:59,720 Speaker 1: have the Christmas spirit somehow, you're holding up government. Well, 180 00:09:59,720 --> 00:10:03,080 Speaker 1: who job is it to produce this? The people in 181 00:10:03,200 --> 00:10:06,200 Speaker 1: charge of spending, the people in charge of both of 182 00:10:06,240 --> 00:10:10,760 Speaker 1: the parties. When did they know that this would be necessary? Well, 183 00:10:10,800 --> 00:10:15,400 Speaker 1: it's in the law September. But does that mean, Maya 184 00:10:15,440 --> 00:10:19,280 Speaker 1: that you hold this up and potentially interrupt government funding 185 00:10:19,320 --> 00:10:24,600 Speaker 1: on Christmas weekend? Well, a lot of legislating gets done 186 00:10:24,640 --> 00:10:28,320 Speaker 1: based on policymakers need for their vacations and holidays, and 187 00:10:28,320 --> 00:10:30,480 Speaker 1: that's not a great way to legislate. What I think 188 00:10:30,480 --> 00:10:33,800 Speaker 1: we should do is we should have a temporary funding 189 00:10:33,840 --> 00:10:37,440 Speaker 1: of the government short term, and then before there's any 190 00:10:37,520 --> 00:10:40,080 Speaker 1: vote that's taken, people should really have the time to 191 00:10:40,120 --> 00:10:42,400 Speaker 1: become familiar with what's in the bill. There shouldn't be 192 00:10:42,440 --> 00:10:44,920 Speaker 1: a single member of Congress who doesn't know what's in 193 00:10:44,960 --> 00:10:47,040 Speaker 1: the bill. And I can promise you that there is 194 00:10:47,080 --> 00:10:50,839 Speaker 1: probably no one who has a very good overall sense 195 00:10:50,880 --> 00:10:53,720 Speaker 1: of what's in the bill. And so I there there 196 00:10:53,760 --> 00:10:56,160 Speaker 1: are no heroes in this moment. The Budget Committee is 197 00:10:56,200 --> 00:10:59,719 Speaker 1: completely failed by not putting forth budgets. I don't look 198 00:10:59,760 --> 00:11:02,880 Speaker 1: at the as Republicans versus Democrats. So I know that's 199 00:11:02,880 --> 00:11:05,000 Speaker 1: the way it seems like everything is right now. I 200 00:11:05,040 --> 00:11:08,280 Speaker 1: look at this as our political leaders failing to do 201 00:11:08,360 --> 00:11:10,360 Speaker 1: the most important job there is in the beginning of 202 00:11:10,360 --> 00:11:13,200 Speaker 1: the governing process, which is laying out a plan and 203 00:11:13,240 --> 00:11:15,960 Speaker 1: a budget and figuring out how to finance it. And 204 00:11:16,040 --> 00:11:18,480 Speaker 1: in the end there's always sort of wait until the 205 00:11:18,480 --> 00:11:20,679 Speaker 1: backs are up against the wall and budget in a 206 00:11:20,840 --> 00:11:22,760 Speaker 1: very bad way. So yes, I think they need to 207 00:11:22,800 --> 00:11:24,800 Speaker 1: take the time to figure out what's in this bill, 208 00:11:24,920 --> 00:11:27,800 Speaker 1: figure out where we could have cut, what funding increases 209 00:11:27,840 --> 00:11:30,040 Speaker 1: we should have, how to pay for the things that 210 00:11:30,080 --> 00:11:32,640 Speaker 1: are going to go up so they're not inflationary. And 211 00:11:32,679 --> 00:11:34,800 Speaker 1: I think it's it's damaging for the country that they're 212 00:11:34,800 --> 00:11:36,640 Speaker 1: not taking the time to do any of those things. 213 00:11:37,120 --> 00:11:40,199 Speaker 1: I'm again, you just started this month ago. Thank you, 214 00:11:40,240 --> 00:11:42,360 Speaker 1: and that that's something that gosh, I don't know if 215 00:11:42,360 --> 00:11:44,160 Speaker 1: we'll ever get our arms around that again. The President 216 00:11:44,200 --> 00:11:46,520 Speaker 1: of the Committee for a Responsible Federal Budget, thank you 217 00:11:46,559 --> 00:11:49,240 Speaker 1: Maya for being here and adding your voice to the as. 218 00:11:49,280 --> 00:11:51,720 Speaker 1: By the way, Mike Lee and Rampaul Rick Scott are 219 00:11:51,760 --> 00:11:55,559 Speaker 1: standing there in the Senate briefing area, you know with 220 00:11:55,640 --> 00:11:58,040 Speaker 1: the podium and the flags. They've got a desk set 221 00:11:58,120 --> 00:12:01,760 Speaker 1: up with the Fourth House in one fifty five pages 222 00:12:01,760 --> 00:12:04,040 Speaker 1: on it, which is comical on its own, but they 223 00:12:04,080 --> 00:12:08,000 Speaker 1: also have these danger and warning signs hanging skull and 224 00:12:08,080 --> 00:12:12,400 Speaker 1: cross bones read warning hanging in front of this thing. 225 00:12:12,480 --> 00:12:16,240 Speaker 1: Four signs one point seven trillion dollars of hazardous debt, 226 00:12:16,280 --> 00:12:19,120 Speaker 1: one of them, says the other omnibus with the skull 227 00:12:19,160 --> 00:12:23,520 Speaker 1: and crossbones another one greatest threat to our national security 228 00:12:23,960 --> 00:12:27,440 Speaker 1: one point seven trillion added to the debt. Let's assemble 229 00:12:27,440 --> 00:12:32,600 Speaker 1: the panel. Genie Chanzano is here Bloomberg Politics contributor, Democratic Analysts, 230 00:12:32,600 --> 00:12:35,120 Speaker 1: along again with Lisa Kumusa Miller. I'm glad to say 231 00:12:35,679 --> 00:12:38,480 Speaker 1: Republican Strategists formally comes director at the r n C. 232 00:12:38,640 --> 00:12:41,440 Speaker 1: Welcome back. Great to have you both here. Uh we 233 00:12:41,679 --> 00:12:46,880 Speaker 1: This is pretty remarkable, Genie. They finished the job number one, 234 00:12:46,920 --> 00:12:48,920 Speaker 1: and I realized no one's going to agree on it. 235 00:12:49,240 --> 00:12:52,040 Speaker 1: But to think that President Zelenski is dropping into Washington, 236 00:12:52,120 --> 00:12:55,400 Speaker 1: d C. As this thing goes to a vote is remarkable. 237 00:12:55,760 --> 00:12:58,080 Speaker 1: It is remarkable. What I understand is this is this 238 00:12:58,160 --> 00:13:01,280 Speaker 1: first trip out of the Ukraine the war began, so 239 00:13:01,320 --> 00:13:04,200 Speaker 1: that's about three hundred days ago, you know, And I'm 240 00:13:04,240 --> 00:13:06,200 Speaker 1: glad to hear that you confirm the trip is happening 241 00:13:06,200 --> 00:13:08,320 Speaker 1: because we were hearing it, but you know, it seemed 242 00:13:08,400 --> 00:13:12,040 Speaker 1: so uncertain because of course they're undergoing great shelling over there. 243 00:13:12,040 --> 00:13:15,360 Speaker 1: But it raises two real questions for Republicans. Number One, 244 00:13:15,400 --> 00:13:18,120 Speaker 1: they were going to vote in a group against this bill, 245 00:13:18,120 --> 00:13:19,880 Speaker 1: and as Jack just mentioned in the House, this was 246 00:13:19,920 --> 00:13:22,160 Speaker 1: going to be a close vote. You wonder, if he 247 00:13:22,240 --> 00:13:25,000 Speaker 1: does speak before a joint session, is it going to 248 00:13:25,200 --> 00:13:28,400 Speaker 1: change any GOP minds? And the other thing is all 249 00:13:28,440 --> 00:13:31,640 Speaker 1: the weariness from Kevin McCarthy up and down the aisle 250 00:13:31,679 --> 00:13:35,080 Speaker 1: on the Republican side to funding Ukraine, including former President Trump, 251 00:13:35,360 --> 00:13:38,160 Speaker 1: does that get changed because of its visit? His visit 252 00:13:38,280 --> 00:13:40,880 Speaker 1: rather so a really important moment for him to be 253 00:13:40,960 --> 00:13:43,200 Speaker 1: making this trip, if indeed he does make it and 254 00:13:43,240 --> 00:13:45,800 Speaker 1: speak to a joint session tomorrow. Yeah, boy, what do 255 00:13:45,880 --> 00:13:48,720 Speaker 1: we think today, Lisa? I thought i'd be asking you about, 256 00:13:48,800 --> 00:13:50,760 Speaker 1: you know, a bunch of boring math in this budget, 257 00:13:50,800 --> 00:13:52,440 Speaker 1: and that's a big part of the story we're talking 258 00:13:52,480 --> 00:13:56,120 Speaker 1: about here. But the optics now of President Zelenski involved 259 00:13:56,120 --> 00:13:58,600 Speaker 1: in the politics all this couple of days before Christmas, 260 00:13:58,840 --> 00:14:01,960 Speaker 1: what's going on in Washington? It Well, I think that 261 00:14:02,000 --> 00:14:04,160 Speaker 1: it's exactly what we can expect at this time of year. 262 00:14:04,240 --> 00:14:06,640 Speaker 1: It's unfortunate though, because I think there is a race 263 00:14:06,720 --> 00:14:10,480 Speaker 1: to get this omnibus passed and done before Friday. Um. 264 00:14:10,480 --> 00:14:13,079 Speaker 1: I know that there's also other factors of play here. 265 00:14:13,120 --> 00:14:15,600 Speaker 1: To Joe, there's also a snow apocalypse that's coming through. 266 00:14:15,640 --> 00:14:19,520 Speaker 1: So Republicans are saying the boat happens tomorrow. Democrats say Thursday, 267 00:14:19,760 --> 00:14:21,640 Speaker 1: and I suspect the reason why they say Thursday is 268 00:14:21,640 --> 00:14:24,360 Speaker 1: because there will be a joint session. I also don't think, 269 00:14:24,480 --> 00:14:27,040 Speaker 1: regardless of the fact that this is a monumental speech, 270 00:14:27,280 --> 00:14:29,320 Speaker 1: it will be remarkable to hear from him that omnibus 271 00:14:29,440 --> 00:14:33,320 Speaker 1: has more support for Ukraine. I'm not necessarily sure that 272 00:14:33,360 --> 00:14:38,040 Speaker 1: Republicans in the House will be um at least wise 273 00:14:38,160 --> 00:14:40,080 Speaker 1: enough to read the room and know that this is 274 00:14:40,360 --> 00:14:42,200 Speaker 1: definitely the right way to go in, the right thing 275 00:14:42,240 --> 00:14:44,880 Speaker 1: to do. Would be interesting to see how they respond afterwards. YEA, 276 00:14:45,000 --> 00:14:48,160 Speaker 1: is it's going to impact politics on the Republican side 277 00:14:48,160 --> 00:14:50,360 Speaker 1: of the aisle here or minds are made up at 278 00:14:50,360 --> 00:14:51,880 Speaker 1: this point of what you're doing with the budget. I 279 00:14:51,920 --> 00:14:54,360 Speaker 1: presume I think so, and I also think that this 280 00:14:54,400 --> 00:14:57,240 Speaker 1: is an opportunity for grandstanding. You know, Unfortunately, so many 281 00:14:57,240 --> 00:15:00,160 Speaker 1: of the people that are outspoken about taking a set 282 00:15:00,200 --> 00:15:02,720 Speaker 1: look at how much funding we're giving to Ukraine are 283 00:15:02,800 --> 00:15:04,760 Speaker 1: also their hard and they're they're died in the wool, 284 00:15:04,800 --> 00:15:07,600 Speaker 1: and they're they firmly decided they are not in favor 285 00:15:07,640 --> 00:15:11,000 Speaker 1: of it. Unfortunately, though, that's not the way. The American 286 00:15:11,160 --> 00:15:12,960 Speaker 1: way is right, So, I mean, it's going to be 287 00:15:13,000 --> 00:15:15,800 Speaker 1: interesting to see how their posture adjust. If it does 288 00:15:15,840 --> 00:15:18,680 Speaker 1: at all, I suspect it will not. What do you 289 00:15:18,680 --> 00:15:21,200 Speaker 1: think of this product? One point seven trillion dollars of 290 00:15:21,280 --> 00:15:24,000 Speaker 1: hazardous debt? I see here on the sign hanging in 291 00:15:24,040 --> 00:15:28,640 Speaker 1: front of Rand Paul Genie, both Chuck Schumer and Mitch McConnell. 292 00:15:29,240 --> 00:15:31,920 Speaker 1: We're ready to take victory lapse together. I thought maybe 293 00:15:31,920 --> 00:15:34,080 Speaker 1: they would embrace at some point in front of the media. 294 00:15:34,120 --> 00:15:37,360 Speaker 1: They both seemed to be so pleased with with what 295 00:15:37,440 --> 00:15:40,479 Speaker 1: they produced. Can can the ram Paul's and Mike Lee's 296 00:15:40,520 --> 00:15:43,560 Speaker 1: of the Senate slow this down? You know? They could? Yeah, 297 00:15:43,560 --> 00:15:45,120 Speaker 1: it looked like they were going to hold hands and 298 00:15:45,160 --> 00:15:48,000 Speaker 1: go ramping around the Senate floor together, But you know 299 00:15:48,520 --> 00:15:51,240 Speaker 1: they could. Any one senator could hold this thing up. 300 00:15:51,320 --> 00:15:53,080 Speaker 1: You know, it's hard to know if they will to 301 00:15:53,160 --> 00:15:55,720 Speaker 1: Lisa's point, there's this bomb cyclone coming. People want to 302 00:15:55,720 --> 00:15:58,080 Speaker 1: get home for Christmas. But that said, you know, it's 303 00:15:58,160 --> 00:16:01,280 Speaker 1: interesting here Mitch McConnell talk about parody between defense and 304 00:16:01,320 --> 00:16:04,960 Speaker 1: non defense spending because we know so little about this bill. 305 00:16:05,000 --> 00:16:07,760 Speaker 1: It's only been out for several hours. It's four thousand pages, 306 00:16:08,040 --> 00:16:09,800 Speaker 1: and even if you look at the text on the 307 00:16:09,880 --> 00:16:12,280 Speaker 1: from the Senate and the House, there's a difference. The 308 00:16:12,320 --> 00:16:15,160 Speaker 1: House is saying the increase was nine point three in 309 00:16:15,240 --> 00:16:18,080 Speaker 1: non defense and Mitch McConnell saying it was a slightly 310 00:16:18,120 --> 00:16:21,160 Speaker 1: smaller increase, So the parody they're talking about doesn't seem 311 00:16:21,200 --> 00:16:23,280 Speaker 1: to match up. That's how little we know, and that's 312 00:16:23,320 --> 00:16:26,080 Speaker 1: top line at this point. All Right, Jeannie and Lisa 313 00:16:26,160 --> 00:16:28,480 Speaker 1: stay with us on the fastest hour in politics. We've 314 00:16:28,480 --> 00:16:32,560 Speaker 1: got breaking news on Title forty two and something important 315 00:16:32,680 --> 00:16:36,560 Speaker 1: left out of this budget, the Afghan Resettlement Act. Not 316 00:16:36,800 --> 00:16:39,120 Speaker 1: this time. We'll have more on that next with the panel. 317 00:16:39,200 --> 00:16:46,800 Speaker 1: This is Bloomberg. This is Bloomberg Sound On with Joe 318 00:16:46,920 --> 00:16:51,880 Speaker 1: Matthew on Bloomberg Radio. So we've got a lot to 319 00:16:51,920 --> 00:16:54,720 Speaker 1: catch up on here even since we've come on the 320 00:16:54,760 --> 00:16:57,360 Speaker 1: air this evening on sound On thanks for joining us. 321 00:16:57,760 --> 00:17:00,880 Speaker 1: We'll reassemble the panel in just a moment with Genie 322 00:17:00,920 --> 00:17:05,280 Speaker 1: and Lisa. First of all, President Zelenski is coming to 323 00:17:05,359 --> 00:17:08,320 Speaker 1: Washington tomorrow, is going to be addressing Congress tomorrow night. 324 00:17:08,880 --> 00:17:10,720 Speaker 1: We don't have a lot of detail on this, but 325 00:17:10,840 --> 00:17:14,959 Speaker 1: Speaker Nancy Pelosi urged all lawmakers in a letter that 326 00:17:15,000 --> 00:17:16,720 Speaker 1: went out and this is what got things going this 327 00:17:16,800 --> 00:17:22,240 Speaker 1: afternoon to come to Washington for an in person UH 328 00:17:22,400 --> 00:17:26,240 Speaker 1: session on Wednesday night, a very special focus on democracy, 329 00:17:26,440 --> 00:17:30,119 Speaker 1: she wrote. And you know, look, it's Washington. Everybody starts 330 00:17:30,119 --> 00:17:31,800 Speaker 1: reading into this. What the heck does this mean? A 331 00:17:31,840 --> 00:17:34,280 Speaker 1: couple of couple of cops said something, and you've got 332 00:17:34,280 --> 00:17:38,119 Speaker 1: a story. Yeah, President Zelenski is coming here to speak 333 00:17:38,160 --> 00:17:42,679 Speaker 1: to Congress tomorrow night. And I will add presumably President Biden. 334 00:17:42,720 --> 00:17:46,560 Speaker 1: Wouldn't he need to be there too. Okay, we've also 335 00:17:46,680 --> 00:17:50,080 Speaker 1: heard from the Biden administration on the title forty two issue. 336 00:17:50,160 --> 00:17:54,119 Speaker 1: This just happened also since we've started this hour, the 337 00:17:54,160 --> 00:17:57,320 Speaker 1: administration responding, Remember to the Supreme Court, we talked about 338 00:17:57,320 --> 00:18:00,440 Speaker 1: it this time yesterday to allow pandemic, you're of border 339 00:18:00,480 --> 00:18:05,959 Speaker 1: restrictions to end, saying that justices should reject an effort 340 00:18:05,960 --> 00:18:09,000 Speaker 1: by Republican state officials. Remember they were from nineteen states 341 00:18:09,400 --> 00:18:15,080 Speaker 1: to intervene in this legal fight. So Chief Justice John Roberts, 342 00:18:15,440 --> 00:18:19,960 Speaker 1: who put up that filing yesterday temporarily blocking Title forty 343 00:18:19,960 --> 00:18:22,760 Speaker 1: two from lifting tomorrow, has got something to consider here. 344 00:18:23,880 --> 00:18:26,000 Speaker 1: Of course, you know, we know there are there are 345 00:18:26,000 --> 00:18:27,960 Speaker 1: a lot of people on the board are waiting literally 346 00:18:28,000 --> 00:18:30,720 Speaker 1: for this very policy to be lifted. And that's something 347 00:18:30,720 --> 00:18:32,760 Speaker 1: that we're going to talk about a little bit later 348 00:18:32,800 --> 00:18:36,080 Speaker 1: on this hour with an expert immigration attorney, David Leopold 349 00:18:36,200 --> 00:18:40,280 Speaker 1: will be here. And then there's the matter of Donald 350 00:18:40,320 --> 00:18:43,119 Speaker 1: Trump's taxes. I thought that'd be the lead today. I 351 00:18:43,119 --> 00:18:46,760 Speaker 1: think that's what number three here, the House Ways and 352 00:18:46,760 --> 00:18:49,159 Speaker 1: Means Committee is behind doors right now, and I have 353 00:18:49,240 --> 00:18:50,719 Speaker 1: to tell you they didn't look like they were really 354 00:18:50,760 --> 00:18:54,119 Speaker 1: all getting along when they went in there. Kevin Brady, 355 00:18:54,160 --> 00:18:56,560 Speaker 1: the ranking member the top Republican on Ways and Means, 356 00:18:56,520 --> 00:19:00,040 Speaker 1: who has been on this program many times, held a 357 00:19:00,080 --> 00:19:03,000 Speaker 1: preemptive news briefing just to warn people about what was 358 00:19:03,040 --> 00:19:06,440 Speaker 1: going to happen. This again, is a vote to release 359 00:19:06,520 --> 00:19:09,119 Speaker 1: Donald Trump's tax returns six years worth. This is a 360 00:19:09,160 --> 00:19:13,680 Speaker 1: request that goes back to listen to Kevin Brady. Then 361 00:19:14,119 --> 00:19:18,840 Speaker 1: on the fourth of April, in no party in any 362 00:19:18,880 --> 00:19:23,120 Speaker 1: Congress should have the authority to rummage around in your 363 00:19:23,160 --> 00:19:27,919 Speaker 1: tax returns purely for political reasons. That's the day that 364 00:19:28,000 --> 00:19:32,439 Speaker 1: the Democratic chair, Richie Neil, requested them. Fast forward this 365 00:19:32,520 --> 00:19:36,240 Speaker 1: many years. Here's Kevin Brady today. Our concern is not 366 00:19:36,640 --> 00:19:39,560 Speaker 1: whether the president should have made his tax returns public 367 00:19:39,880 --> 00:19:44,000 Speaker 1: as is traditional, nor about the accuracy of his tax returns, 368 00:19:44,400 --> 00:19:46,920 Speaker 1: that is for the I R S in the taxpayer 369 00:19:46,960 --> 00:19:51,720 Speaker 1: to determine. Our concern is that, if taken, this committee 370 00:19:51,760 --> 00:19:55,640 Speaker 1: action will set a terrible precedent that unleashes a dangerous 371 00:19:55,680 --> 00:19:59,520 Speaker 1: new political weapon that reaches far beyond the former president 372 00:20:00,240 --> 00:20:05,240 Speaker 1: in overturns decades of privacy protections for average Americans that 373 00:20:05,320 --> 00:20:09,800 Speaker 1: have existed since the Watergate reforms from their Congressman Brady 374 00:20:09,800 --> 00:20:12,920 Speaker 1: went into the chamber. Richie Neil called the session to order. 375 00:20:13,440 --> 00:20:15,880 Speaker 1: Within a minute, they were escorting people out of the room. 376 00:20:16,160 --> 00:20:18,880 Speaker 1: That's the way this was supposed to go, executive session. 377 00:20:19,920 --> 00:20:21,480 Speaker 1: But as far as what he just said, let's go 378 00:20:21,520 --> 00:20:25,760 Speaker 1: back to back a couple of years. Dan Kilde, Democrat 379 00:20:25,880 --> 00:20:29,080 Speaker 1: on the Ways and Means Committee backing up this whole effort, 380 00:20:29,240 --> 00:20:33,280 Speaker 1: saying that it's actually more than legal. Here's Congressman Kilde. 381 00:20:34,840 --> 00:20:37,800 Speaker 1: Three of the code is very clear. The chairman of 382 00:20:37,800 --> 00:20:41,080 Speaker 1: the Ways and Means Committee can request the copy of 383 00:20:41,119 --> 00:20:43,919 Speaker 1: these returns, and the I R S Commissioner is legally 384 00:20:43,920 --> 00:20:46,680 Speaker 1: bound to provide them and to think it's about to 385 00:20:46,720 --> 00:20:50,880 Speaker 1: be resolved one way or the other. Incidentally, Congressman Kilde 386 00:20:50,920 --> 00:20:54,200 Speaker 1: is going to join us tomorrow on this very program, 387 00:20:54,240 --> 00:20:56,080 Speaker 1: so we'll have a chance to talk with him three 388 00:20:56,160 --> 00:20:59,879 Speaker 1: years later from his making that statement. We re a 389 00:21:00,000 --> 00:21:03,400 Speaker 1: sembled the panel Bloomberg Politics contributor Jeanie Schanzano and Lisa 390 00:21:03,440 --> 00:21:08,760 Speaker 1: ka Musa Miller, former communications director for the r n C. Lisa, 391 00:21:09,080 --> 00:21:11,479 Speaker 1: this is going public, right? Is that the vote we're 392 00:21:11,480 --> 00:21:16,240 Speaker 1: gonna get tonight? Joe, these tax returns are so elusive. 393 00:21:16,240 --> 00:21:18,679 Speaker 1: Who could tell? I mean, there's just no way to know. 394 00:21:19,040 --> 00:21:21,120 Speaker 1: But I will say that Congressman Brady is a very 395 00:21:21,160 --> 00:21:23,960 Speaker 1: serious member of Congress. He's very thoughtful about the way 396 00:21:23,960 --> 00:21:28,199 Speaker 1: he comes to these decisions. He's not the typical performative politician. 397 00:21:28,240 --> 00:21:30,280 Speaker 1: He's someone that really has probably given this quite a 398 00:21:30,280 --> 00:21:32,760 Speaker 1: bit of thought. Set aside, Donald Trump or anything else. 399 00:21:32,800 --> 00:21:34,800 Speaker 1: I think he's most concerned based on what I saw 400 00:21:34,800 --> 00:21:37,439 Speaker 1: in that press conference about the precedent that it sets 401 00:21:37,480 --> 00:21:40,560 Speaker 1: going forward, not just for Republicans, but for Democrats and 402 00:21:40,600 --> 00:21:44,040 Speaker 1: for other leaders. Um he even mentioned the Supreme Court. 403 00:21:45,520 --> 00:21:47,359 Speaker 1: That's you know, I wanted to ask you about that. 404 00:21:47,400 --> 00:21:49,320 Speaker 1: As a matter of fact, Genie, your thought on this 405 00:21:49,440 --> 00:21:51,959 Speaker 1: that that you know, not only could it be yours 406 00:21:52,080 --> 00:21:55,919 Speaker 1: or mine, but that Congress could start releasing the tax 407 00:21:55,960 --> 00:21:59,560 Speaker 1: returns of Supreme Court justices. Is that the level of 408 00:21:59,600 --> 00:22:03,240 Speaker 1: president we're talking about here. That's what the Republicans are claiming. 409 00:22:03,240 --> 00:22:05,399 Speaker 1: And that's what quite frankly, people who are opposed and 410 00:22:05,400 --> 00:22:08,040 Speaker 1: they're not just Republicans to this release that there's a 411 00:22:08,080 --> 00:22:12,119 Speaker 1: slippery slope. The reality is, though to the quote you 412 00:22:12,200 --> 00:22:16,480 Speaker 1: just played, this is absolutely legal under Section three. Does 413 00:22:16,520 --> 00:22:19,199 Speaker 1: that make it something they should be doing is another question. 414 00:22:19,480 --> 00:22:21,880 Speaker 1: But there is precedent for it. It happened in nine 415 00:22:22,640 --> 00:22:26,880 Speaker 1: seventy four with Nixon, it happened again post so there 416 00:22:27,040 --> 00:22:29,600 Speaker 1: is some precedent for it. I do think it's an 417 00:22:29,600 --> 00:22:33,080 Speaker 1: open question whether this is a dangerous sort of norm 418 00:22:33,160 --> 00:22:36,399 Speaker 1: to be setting, because of course these kinds of norms 419 00:22:36,400 --> 00:22:39,720 Speaker 1: have a way of coming back and hitting the offending party. 420 00:22:39,920 --> 00:22:43,520 Speaker 1: So you know, when when the Republicans decided that they 421 00:22:43,520 --> 00:22:47,000 Speaker 1: were going to go after, say, somebody like Bill Clinton 422 00:22:47,000 --> 00:22:49,200 Speaker 1: and impeach him, when that hadn't been done in you know, 423 00:22:49,240 --> 00:22:52,560 Speaker 1: about a hundred years, the you know, the Democrats came 424 00:22:52,640 --> 00:22:54,960 Speaker 1: right back with two against Trump. And that's the argument 425 00:22:55,000 --> 00:22:58,320 Speaker 1: that these norm breaking aspects come back to hit the 426 00:22:58,440 --> 00:23:00,640 Speaker 1: offending party. They have to be very care full about this, 427 00:23:00,960 --> 00:23:03,640 Speaker 1: I suspect because there's what forty two members of this 428 00:23:03,720 --> 00:23:06,520 Speaker 1: committee and Executive Session right now they are having a 429 00:23:06,640 --> 00:23:10,320 Speaker 1: very fraucous uh discussion to get on you know, to 430 00:23:10,320 --> 00:23:12,200 Speaker 1: to get on the record here as to what they think, 431 00:23:12,240 --> 00:23:14,240 Speaker 1: because of course this is going to be part of 432 00:23:14,280 --> 00:23:16,760 Speaker 1: the legislative record going forward. Yeah. I want to pull 433 00:23:16,800 --> 00:23:19,119 Speaker 1: you into this something, make it something personally. So but 434 00:23:19,200 --> 00:23:21,639 Speaker 1: you you you made that point. Kevin Brady is a 435 00:23:21,680 --> 00:23:24,159 Speaker 1: serious individual. That's why we have him on the broadcast. 436 00:23:24,280 --> 00:23:26,240 Speaker 1: That's why he's the ranking member on the Ways and 437 00:23:26,320 --> 00:23:30,200 Speaker 1: Means Committee, a thoughtful committee as he called it today 438 00:23:30,240 --> 00:23:32,000 Speaker 1: in that briefing. But I've got to tell you he 439 00:23:32,119 --> 00:23:36,280 Speaker 1: in the chairman, Richard neil Uh did not look like 440 00:23:36,359 --> 00:23:38,280 Speaker 1: they were happy to be sitting next to each other. 441 00:23:38,359 --> 00:23:42,679 Speaker 1: The tone inside that very brief business meeting before they 442 00:23:42,720 --> 00:23:46,960 Speaker 1: went into his executive session was was cold. I get 443 00:23:46,960 --> 00:23:50,520 Speaker 1: a sense that as Kevin Brady prepares to retire, this 444 00:23:50,600 --> 00:23:52,560 Speaker 1: is actually a big deal for him. This is personal 445 00:23:52,600 --> 00:23:55,040 Speaker 1: for him. I'm sure it's legacy. I'm sure he looks 446 00:23:55,040 --> 00:23:57,040 Speaker 1: at this is something that could leave a long legacy 447 00:23:57,080 --> 00:23:59,639 Speaker 1: behind him. But also to don't forget, there's still blood 448 00:23:59,640 --> 00:24:02,280 Speaker 1: in the water. The Democrats are still enjoying yesterday's victory. 449 00:24:02,320 --> 00:24:05,360 Speaker 1: They're still enjoying the fact that the January six Committee 450 00:24:05,359 --> 00:24:08,440 Speaker 1: closed with with you know, calls for indictment and other 451 00:24:08,960 --> 00:24:12,440 Speaker 1: articles that will come forward. So they definitely have that 452 00:24:12,640 --> 00:24:15,560 Speaker 1: level of heft on their back as they answered this discussion. 453 00:24:15,760 --> 00:24:17,760 Speaker 1: But Joe would also too. Is good for the listeners 454 00:24:17,760 --> 00:24:20,119 Speaker 1: to know is when they enter that executive session, it's 455 00:24:20,160 --> 00:24:22,840 Speaker 1: because they've asked all staff to step out so that 456 00:24:23,280 --> 00:24:26,440 Speaker 1: anybody that's in the room that if the information comes 457 00:24:26,440 --> 00:24:29,280 Speaker 1: out before it's announced, they'll know who, in fact it 458 00:24:29,359 --> 00:24:32,440 Speaker 1: is that's given it to the media. So who's that's interesting, 459 00:24:32,600 --> 00:24:35,280 Speaker 1: that's great. Who goes to the stake out after this 460 00:24:35,359 --> 00:24:41,640 Speaker 1: meeting presuming that Democrats vote to release the tax returns. Genie, 461 00:24:41,680 --> 00:24:43,720 Speaker 1: is it the chair or is it going to be 462 00:24:43,840 --> 00:24:48,240 Speaker 1: Kevin Brady? Not very happy. I suspect we will see both. 463 00:24:48,280 --> 00:24:50,280 Speaker 1: And you know, one thing all members have to be 464 00:24:50,359 --> 00:24:54,159 Speaker 1: careful of is the arguments that Republicans make against this 465 00:24:54,359 --> 00:24:58,040 Speaker 1: now when they are pushing to release Hunter Biden's tax 466 00:24:58,119 --> 00:25:00,359 Speaker 1: records in the next session and just to otter of 467 00:25:00,359 --> 00:25:02,320 Speaker 1: a month or two are going to come back to 468 00:25:02,359 --> 00:25:05,000 Speaker 1: haunt them and vice versa Democrat. So it is a very, 469 00:25:05,160 --> 00:25:07,600 Speaker 1: very tough thing to have to go on record because 470 00:25:07,600 --> 00:25:10,560 Speaker 1: in the one eighteen as power shifts, you can bet 471 00:25:10,600 --> 00:25:13,199 Speaker 1: this comes back if indeed they vote to release, and 472 00:25:13,520 --> 00:25:15,960 Speaker 1: that'll be a public vote, so we will know who 473 00:25:16,040 --> 00:25:18,920 Speaker 1: voted for, and I presume it will be a partisan 474 00:25:19,280 --> 00:25:22,120 Speaker 1: part straight party line votes. A fair comparison, though we've 475 00:25:22,119 --> 00:25:25,119 Speaker 1: got Hunter Biden, we're comparing to a former president of 476 00:25:25,119 --> 00:25:28,919 Speaker 1: the United States. Well, it could be the DHS secretary, right, 477 00:25:28,960 --> 00:25:31,159 Speaker 1: could be anybody there investigating. I don't think it's a 478 00:25:31,160 --> 00:25:36,320 Speaker 1: fair comparison. But they're talking about the release of private individuals, presidents, 479 00:25:36,400 --> 00:25:39,080 Speaker 1: members of the Supreme Court. They're saying it's a slippery slope, 480 00:25:39,119 --> 00:25:41,640 Speaker 1: so you know it's not going to be fair. What 481 00:25:41,680 --> 00:25:44,000 Speaker 1: it is going to be as political? Well, does it 482 00:25:44,119 --> 00:25:49,080 Speaker 1: help Kevin McCarthy's hand, and all the way this is 483 00:25:49,119 --> 00:25:53,280 Speaker 1: being conducted here in terms of Republicans Lisa wanting to 484 00:25:53,320 --> 00:25:56,560 Speaker 1: get some continuity here when when they assemble in January, 485 00:25:57,040 --> 00:26:00,000 Speaker 1: is it a motivator. I'm not sure it's a motivator. 486 00:26:00,080 --> 00:26:02,040 Speaker 1: I will tell you something. I had a tip this week, 487 00:26:02,320 --> 00:26:04,840 Speaker 1: um that I feel like is relative to this conversation, 488 00:26:04,920 --> 00:26:07,040 Speaker 1: and that is that as we enter into that leadership 489 00:26:07,080 --> 00:26:09,159 Speaker 1: fight and we still talk about the fact that the 490 00:26:09,200 --> 00:26:11,600 Speaker 1: speakership hasn't been decided, Joe. I just talked to some 491 00:26:11,680 --> 00:26:13,800 Speaker 1: friends on K Street this week and they seem to 492 00:26:13,840 --> 00:26:16,560 Speaker 1: say that regardless of what happens on January three, whoever 493 00:26:16,640 --> 00:26:20,280 Speaker 1: the speaker is that emerges, uh, that speaker will not 494 00:26:20,400 --> 00:26:23,080 Speaker 1: be the speaker on December three because the debt ceiling, 495 00:26:23,119 --> 00:26:25,560 Speaker 1: that fight that's coming next year, the must have fight, 496 00:26:26,200 --> 00:26:29,040 Speaker 1: is going to change the look of leadership over the 497 00:26:29,080 --> 00:26:30,600 Speaker 1: course of the year. Next year, I think we're in 498 00:26:30,680 --> 00:26:33,480 Speaker 1: for a rocky So somebody's getting fired, is what you're saying. 499 00:26:34,080 --> 00:26:37,920 Speaker 1: Could happen? Wow? All right, I love this with the 500 00:26:38,000 --> 00:26:41,760 Speaker 1: scoop from K Street. Lisa Kumuso Miller back on the program. 501 00:26:41,760 --> 00:26:44,280 Speaker 1: Thank you, Lisa and Jeannie. They'll be back with us 502 00:26:44,320 --> 00:26:46,119 Speaker 1: there here for the hour. We're gonna turn next to 503 00:26:46,160 --> 00:26:49,439 Speaker 1: this Title forty two development in an important conversation with 504 00:26:49,520 --> 00:26:55,560 Speaker 1: some context from immigration attorney David Leopold. This is Bloomberg 505 00:26:55,720 --> 00:27:01,960 Speaker 1: So long with Joe Matthew on Bloomberg Radio. So the 506 00:27:01,960 --> 00:27:07,280 Speaker 1: Biden administration had till five p m. Washington time today 507 00:27:07,320 --> 00:27:10,040 Speaker 1: to get back to the Supreme Court on titled forty two. 508 00:27:11,520 --> 00:27:13,760 Speaker 1: They sure pushed it to the last minute. I thought 509 00:27:13,760 --> 00:27:17,119 Speaker 1: maybe they'd have these letters written the administration urging the 510 00:27:17,200 --> 00:27:23,880 Speaker 1: Court not shockingly, to allow Title forty two restrictions to end, 511 00:27:25,320 --> 00:27:28,560 Speaker 1: calling on the Supreme Court justices to reject this effort 512 00:27:28,560 --> 00:27:32,320 Speaker 1: by Republican state officials to intervene in legal fight. Uh, 513 00:27:32,359 --> 00:27:34,080 Speaker 1: this is just a day after. It was just about 514 00:27:34,080 --> 00:27:35,880 Speaker 1: twenty four hours ago, which is why we talked about 515 00:27:35,880 --> 00:27:39,800 Speaker 1: it right here. Yesterday, Chief Justice John Roberts temporarily blocked 516 00:27:39,800 --> 00:27:45,400 Speaker 1: Wednesday's scheduled lifting of the Title forty two restrictions as 517 00:27:45,400 --> 00:27:48,639 Speaker 1: the Court considers states bid for a longer delay. So 518 00:27:49,520 --> 00:27:51,679 Speaker 1: it's gonna be some time, but they don't have the 519 00:27:51,840 --> 00:27:56,560 Speaker 1: luxury of, you know, waiting around looking at the calendar here, 520 00:27:56,600 --> 00:28:00,800 Speaker 1: particularly if you're the mayor of El Paso. Scirt liser 521 00:28:01,359 --> 00:28:04,960 Speaker 1: Uh said, upon the news here from the Supreme Court, 522 00:28:05,000 --> 00:28:07,280 Speaker 1: they've got to keep planning like it's gonna end this week, 523 00:28:08,320 --> 00:28:10,360 Speaker 1: because you know, they're looking across the border and they 524 00:28:10,359 --> 00:28:13,240 Speaker 1: know what is likely coming. Here. He is Mexico Redhand 525 00:28:13,280 --> 00:28:17,320 Speaker 1: Waters and there's probably twenty thousand over there today. They're 526 00:28:17,400 --> 00:28:20,400 Speaker 1: waiting for a title forty two to be lifted, twenty 527 00:28:20,520 --> 00:28:25,240 Speaker 1: thousand waiting for the headline on the termino. So the 528 00:28:25,280 --> 00:28:28,760 Speaker 1: mayor says, they're they're driving ahead with everything they've got. 529 00:28:28,920 --> 00:28:32,880 Speaker 1: Thousands of cots are in place, medical supplies, he says, 530 00:28:32,920 --> 00:28:34,920 Speaker 1: the Red Cross is on hand here. He is again, 531 00:28:35,080 --> 00:28:39,000 Speaker 1: the federal government has been um really good to pass her. 532 00:28:39,080 --> 00:28:40,560 Speaker 1: To be honest with you, I know that we've heard 533 00:28:40,600 --> 00:28:43,920 Speaker 1: some comments that the federal government has not been working 534 00:28:43,920 --> 00:28:45,800 Speaker 1: with us. The federal government has been working with his. 535 00:28:45,920 --> 00:28:50,880 Speaker 1: Federal government has given his resources the mayor of El Paso. 536 00:28:52,200 --> 00:28:54,720 Speaker 1: As we talked with David Leopold, partner and chair of 537 00:28:54,720 --> 00:28:58,200 Speaker 1: the immigration practice at Olmer Burne, former president of the 538 00:28:58,240 --> 00:29:02,600 Speaker 1: American Immigration Lawyers Association. It's great to have you back. David. 539 00:29:02,600 --> 00:29:05,320 Speaker 1: Does the on again, off again, start and stop deal 540 00:29:05,440 --> 00:29:09,560 Speaker 1: that this has turned into in the courts largely had 541 00:29:09,600 --> 00:29:14,680 Speaker 1: an impact on security at the border. Well, look, I mean, 542 00:29:14,840 --> 00:29:17,280 Speaker 1: obviously you want to have a secure border, but I 543 00:29:17,320 --> 00:29:19,240 Speaker 1: think you know, and looking at this, this what this 544 00:29:19,320 --> 00:29:22,600 Speaker 1: has become is as a side show, a title forty 545 00:29:22,640 --> 00:29:25,280 Speaker 1: two sideshow. I mean, let's remember the title forty two. 546 00:29:25,360 --> 00:29:28,880 Speaker 1: That's the health statute that was cynically put in place 547 00:29:28,920 --> 00:29:32,080 Speaker 1: by the Trump administration at the behest of Stephen Miller. 548 00:29:32,840 --> 00:29:35,760 Speaker 1: Um to use to to keep people out of the 549 00:29:35,800 --> 00:29:38,720 Speaker 1: country and to keep people from applying for asylum. Was 550 00:29:38,800 --> 00:29:41,800 Speaker 1: never really meant um as a as a as an 551 00:29:41,800 --> 00:29:46,120 Speaker 1: immigration statute. It is a health statute. Ultimately, it had 552 00:29:46,160 --> 00:29:48,440 Speaker 1: to come down, and the CDC itself is trying to 553 00:29:48,480 --> 00:29:51,280 Speaker 1: bring this down absolutely. I mean, there's no need for 554 00:29:51,320 --> 00:29:54,680 Speaker 1: it anymore. And what's interesting here is you have you know, 555 00:29:54,760 --> 00:29:57,360 Speaker 1: people who you know, the governors of some of these 556 00:29:57,360 --> 00:30:01,200 Speaker 1: states at it. For example of Texas, Greg had you know, 557 00:30:01,640 --> 00:30:05,680 Speaker 1: against all these COVID restrictions except this one, right, So 558 00:30:05,800 --> 00:30:08,880 Speaker 1: you can see that blatant hypocrisy, and really, what's got 559 00:30:08,880 --> 00:30:11,440 Speaker 1: to happen here. I think Joe Is at the Republican 560 00:30:11,480 --> 00:30:14,360 Speaker 1: Party has got to get its act together and and 561 00:30:14,440 --> 00:30:18,240 Speaker 1: stop using the courts to obstruct any kind of progress 562 00:30:18,920 --> 00:30:22,920 Speaker 1: in immigration, and and and stop these anti immigrant judicial 563 00:30:23,000 --> 00:30:26,200 Speaker 1: pipelines that they've created going up from the Fifth Circuit 564 00:30:26,320 --> 00:30:28,920 Speaker 1: in Texas all of the Supreme Court. They've got to 565 00:30:28,920 --> 00:30:31,280 Speaker 1: they've got to start to be constructive about this. We 566 00:30:31,320 --> 00:30:34,080 Speaker 1: need an orderly, fair immigration system, and that's what the 567 00:30:34,080 --> 00:30:36,640 Speaker 1: American people want. I appreciate your view there, and that's 568 00:30:36,720 --> 00:30:39,080 Speaker 1: very much the view of the administration, right, but are 569 00:30:39,120 --> 00:30:42,479 Speaker 1: we actually ready, David to lift these restrictions? When you 570 00:30:42,480 --> 00:30:44,640 Speaker 1: hear the mayor, they're saying, I'm looking at twenty people 571 00:30:44,640 --> 00:30:47,680 Speaker 1: are ready for the news. The title forty two is up. 572 00:30:47,800 --> 00:30:49,920 Speaker 1: You know, it's not like there's a news vacuum on 573 00:30:49,920 --> 00:30:52,240 Speaker 1: the other side of the border. What happens at that 574 00:30:52,280 --> 00:30:55,440 Speaker 1: point to our infrastructure on the border. Well, look, I 575 00:30:55,440 --> 00:30:57,760 Speaker 1: mean we are ready because it is going to happen. 576 00:30:57,920 --> 00:31:00,200 Speaker 1: And I applaud the mayor for I think, and the 577 00:31:00,240 --> 00:31:03,680 Speaker 1: report there that there were beds and Red Cross and 578 00:31:04,120 --> 00:31:07,760 Speaker 1: resources available, and that's what America does. We take We 579 00:31:07,800 --> 00:31:10,040 Speaker 1: take care of people who are in That's what we've 580 00:31:10,080 --> 00:31:13,280 Speaker 1: always done. And let's remember, Joe that the build up 581 00:31:13,280 --> 00:31:15,840 Speaker 1: at the border is a result of the fact that 582 00:31:15,920 --> 00:31:18,200 Speaker 1: this title forty two has been in place for so 583 00:31:18,240 --> 00:31:22,880 Speaker 1: long and has caused backups. So it's a short term issue. 584 00:31:22,920 --> 00:31:26,120 Speaker 1: I mean, it is creating a national security problem. Absolutely not. 585 00:31:26,640 --> 00:31:31,040 Speaker 1: America does great things. We put people on the moon, 586 00:31:31,560 --> 00:31:35,240 Speaker 1: We rebuild Europe after after the after the World War 587 00:31:35,280 --> 00:31:38,600 Speaker 1: two with the Martial Plan. We can solve problem. Yeah, 588 00:31:38,640 --> 00:31:41,800 Speaker 1: we can solve this problem. We're talking about legal immigration here. 589 00:31:41,800 --> 00:31:45,160 Speaker 1: Of course, this has nothing to do with people who 590 00:31:45,200 --> 00:31:49,360 Speaker 1: are crossing the border illegally. Uh, And they frequently get 591 00:31:49,360 --> 00:31:54,479 Speaker 1: mixed into the same conversation how secure is our national border, 592 00:31:54,920 --> 00:31:58,520 Speaker 1: our southern border? Rather as the President asks for for 593 00:31:58,640 --> 00:32:02,240 Speaker 1: billions more in supplemental from this Congress. Well, I would 594 00:32:02,320 --> 00:32:06,400 Speaker 1: argue that the southern border is actually more secure, very secure. 595 00:32:06,440 --> 00:32:08,760 Speaker 1: I mean, we talk about people who are apprehended at 596 00:32:08,760 --> 00:32:12,360 Speaker 1: the southern border, while they're apprehended because we have security 597 00:32:12,400 --> 00:32:15,640 Speaker 1: at the southern border. I mean, that's the whole point. Um. 598 00:32:15,680 --> 00:32:18,920 Speaker 1: And you have this this um, I would say cynical 599 00:32:19,040 --> 00:32:22,680 Speaker 1: mix of I think you just pointed it out. Criminality 600 00:32:23,000 --> 00:32:26,640 Speaker 1: and immigration coming to the United States to apply for 601 00:32:26,680 --> 00:32:30,880 Speaker 1: asylum is absolutely legal. The Congress made it very clear 602 00:32:31,160 --> 00:32:33,120 Speaker 1: it doesn't matter how you get here, you can apply 603 00:32:33,240 --> 00:32:37,040 Speaker 1: for asylum if you are in fear of persecution. So 604 00:32:37,080 --> 00:32:39,920 Speaker 1: what we need is order and we need we need 605 00:32:40,000 --> 00:32:42,240 Speaker 1: to stop the chaos at the border. And the only 606 00:32:42,320 --> 00:32:46,400 Speaker 1: way we're going to do that is if Congress gives 607 00:32:46,440 --> 00:32:48,840 Speaker 1: us a new immigration plan brings us up to the 608 00:32:48,960 --> 00:32:52,080 Speaker 1: to the twenty one century. Um, we haven't reformed this 609 00:32:52,160 --> 00:32:54,920 Speaker 1: immigration law and in forty years, and it's it's high 610 00:32:55,000 --> 00:32:56,720 Speaker 1: high time to do it. And that's what the American 611 00:32:56,760 --> 00:33:00,640 Speaker 1: people want. You wonder why it's so difficult to even 612 00:33:00,720 --> 00:33:03,000 Speaker 1: envision that at this point, David. Thank you. The view 613 00:33:03,040 --> 00:33:06,520 Speaker 1: of David Leopold. He's now with Omer Burne, former president 614 00:33:06,640 --> 00:33:10,800 Speaker 1: of American Immigration Lawyers Association. I'd love to hear from 615 00:33:10,840 --> 00:33:12,640 Speaker 1: the panel to the extent that we have time on this. 616 00:33:12,760 --> 00:33:16,120 Speaker 1: Lisa Kamusa Miller, and Genie Chanzy. No, Lisa, is this 617 00:33:16,200 --> 00:33:20,120 Speaker 1: the most secure our border has ever been? Well, David 618 00:33:20,200 --> 00:33:22,600 Speaker 1: is the expert, and I certainly I appreciate his comments 619 00:33:22,640 --> 00:33:24,240 Speaker 1: so much. I think the one thing that sort of 620 00:33:24,240 --> 00:33:27,440 Speaker 1: strikes my my heart strings right now, especially that we're 621 00:33:27,440 --> 00:33:31,280 Speaker 1: in the holiday season, is that this is a humanitarian crisis, right, 622 00:33:31,320 --> 00:33:34,120 Speaker 1: I mean, this is something that absolutely has to get addressed. 623 00:33:34,160 --> 00:33:36,520 Speaker 1: But we talked about it earlier in the show. If 624 00:33:36,520 --> 00:33:38,360 Speaker 1: a budget can't get done the way it used to 625 00:33:38,400 --> 00:33:42,280 Speaker 1: get done, where we had individual uh funding bills that 626 00:33:42,320 --> 00:33:44,640 Speaker 1: would come through for each and every department that we handle, 627 00:33:44,920 --> 00:33:47,000 Speaker 1: if we're celebrating an omnibus at the end of the 628 00:33:47,080 --> 00:33:49,480 Speaker 1: year because that's the best we can do, I think 629 00:33:49,480 --> 00:33:52,560 Speaker 1: it makes it very, very dire that that the possibility 630 00:33:52,560 --> 00:33:55,840 Speaker 1: of getting immigration reform done in the next year is 631 00:33:55,920 --> 00:33:59,400 Speaker 1: really just out of out of the realm of possibility. Genie, 632 00:33:59,440 --> 00:34:01,640 Speaker 1: the president's asking for three and a half billion dollars 633 00:34:01,840 --> 00:34:04,760 Speaker 1: in in extra funding for the border, specifically here in 634 00:34:04,800 --> 00:34:07,840 Speaker 1: this end of your request, UH, we know that that 635 00:34:08,200 --> 00:34:09,920 Speaker 1: whether it who's up to him or not, they just 636 00:34:09,960 --> 00:34:12,160 Speaker 1: got some time. They just bought themselves some time because 637 00:34:12,680 --> 00:34:16,320 Speaker 1: of this day from the Supreme Court. Can these two 638 00:34:16,400 --> 00:34:19,080 Speaker 1: combine in a way that they prevent a crisis at 639 00:34:19,080 --> 00:34:21,920 Speaker 1: the border or is it already too late? You know, 640 00:34:22,280 --> 00:34:25,759 Speaker 1: likely not? You know this will eventually title title forty 641 00:34:25,760 --> 00:34:28,160 Speaker 1: two will eventually be lifted. To David's point, it is 642 00:34:28,200 --> 00:34:30,759 Speaker 1: a side show, it's not a policy. The president is 643 00:34:30,800 --> 00:34:33,480 Speaker 1: asking for more money. We heard from Kamala Harris saying, 644 00:34:33,680 --> 00:34:35,600 Speaker 1: you know, we're going to increase the number of agents 645 00:34:35,640 --> 00:34:38,279 Speaker 1: expedite processing. But that's about all you can do via 646 00:34:38,400 --> 00:34:41,439 Speaker 1: executive order. David is right, you need Congress to act. 647 00:34:41,520 --> 00:34:45,000 Speaker 1: The problem is the political incentives are to not act, 648 00:34:45,120 --> 00:34:48,040 Speaker 1: and that's why nothing is going to happen. And there 649 00:34:48,040 --> 00:34:51,560 Speaker 1: are solutions galore. This is not an intractable problem and 650 00:34:51,560 --> 00:34:54,879 Speaker 1: it's not difficult to resolve. There's so many ideas out there, 651 00:34:54,920 --> 00:34:57,040 Speaker 1: all of them good, but you have to have the 652 00:34:57,040 --> 00:34:59,919 Speaker 1: political will, and unfortunately that's not going to be in play. 653 00:35:01,920 --> 00:35:04,440 Speaker 1: Rick Davis must be having a facial tick somewhere with 654 00:35:04,480 --> 00:35:08,320 Speaker 1: all these mentions of comprehensive immigration reform. Jeannie Schanzano, Lisa 655 00:35:08,360 --> 00:35:11,399 Speaker 1: Cabusa Miller with some final thoughts ahead as Carrie Lake 656 00:35:12,000 --> 00:35:16,440 Speaker 1: takes him to court indeed officially now contesting the results 657 00:35:17,000 --> 00:35:19,520 Speaker 1: of what she calls a sham election in Arizona. We're 658 00:35:19,520 --> 00:35:22,680 Speaker 1: really doing this, huh? Stay here on the fastest hour 659 00:35:22,719 --> 00:35:29,440 Speaker 1: in politics on Bloomberg. This is Bloomberg So Long with 660 00:35:29,680 --> 00:35:36,439 Speaker 1: Joe Matthew on Bloomberg Radio. Remember when everyone freaked out 661 00:35:36,440 --> 00:35:40,080 Speaker 1: when they unveiled the staging for Barack Obama to receive 662 00:35:40,200 --> 00:35:44,680 Speaker 1: the nomination out there in Denver Mile High Stadium. They said, 663 00:35:44,719 --> 00:35:47,920 Speaker 1: those look like Greek columns? Who does he think he 664 00:35:48,080 --> 00:35:52,080 Speaker 1: is a god? And of course it was modeled after 665 00:35:52,120 --> 00:35:54,359 Speaker 1: the colonnade there at the White House in the Rose 666 00:35:54,400 --> 00:36:00,279 Speaker 1: Garden Greek columns. We've come a long way since then. 667 00:36:01,600 --> 00:36:05,000 Speaker 1: I would point you no further than am I saying 668 00:36:05,000 --> 00:36:09,480 Speaker 1: it right? Am faster? Is it a m fest from 669 00:36:09,520 --> 00:36:14,640 Speaker 1: Turning Point USA? This is the big Conservative Republican confab 670 00:36:15,280 --> 00:36:16,840 Speaker 1: where you get in the room, this thing looks like 671 00:36:16,840 --> 00:36:19,240 Speaker 1: there's going to be a concert or maybe a monster 672 00:36:19,360 --> 00:36:22,680 Speaker 1: truck show or something. And introducing this was one of 673 00:36:22,719 --> 00:36:30,560 Speaker 1: the big headliners, Carry Lake, bring it up justin que 674 00:36:30,640 --> 00:36:38,759 Speaker 1: the smoke machines and the pyrotechnics. As she's elevated from 675 00:36:38,880 --> 00:36:45,120 Speaker 1: under the stage with cameras following her, massive screens of 676 00:36:45,200 --> 00:36:52,160 Speaker 1: her face, some live some stock footage, strobe lights, nobody 677 00:36:52,200 --> 00:36:59,320 Speaker 1: could hear anything as the defeated Arizona GOP gubernatorial candidate 678 00:37:00,600 --> 00:37:04,840 Speaker 1: addresses the supporters in the room, having already been regaled 679 00:37:04,880 --> 00:37:07,760 Speaker 1: by the likes of Lauren Bobert and Donald Trump Jr. 680 00:37:09,120 --> 00:37:13,680 Speaker 1: All right, we can't take anymore, Justine. It's You've got 681 00:37:13,680 --> 00:37:15,600 Speaker 1: to see the video of this. You can't stop looking 682 00:37:15,640 --> 00:37:20,840 Speaker 1: at it. This comes with big news as an Arizona 683 00:37:20,920 --> 00:37:25,200 Speaker 1: judge dismisses most of miss Lake's claims that illegal voting 684 00:37:25,200 --> 00:37:27,560 Speaker 1: and misconduct cost her a victory. She says she lost 685 00:37:27,600 --> 00:37:31,520 Speaker 1: the election. She's suing to overturn it, but will receive 686 00:37:31,880 --> 00:37:37,400 Speaker 1: a two day court hearing starting tomorrow, having had eight 687 00:37:37,480 --> 00:37:42,280 Speaker 1: of the ten counts dropped, and she took, of course, 688 00:37:43,239 --> 00:37:48,279 Speaker 1: to the video with the fuzzy background to speak with 689 00:37:48,320 --> 00:37:52,440 Speaker 1: her supporters. Here's Kerry Lake. My resolve to fight for 690 00:37:52,480 --> 00:37:57,480 Speaker 1: the millions of Arizona's disgusted with years of botched elections 691 00:37:57,920 --> 00:38:00,680 Speaker 1: is stronger than ever. I want to say thank you 692 00:38:00,760 --> 00:38:02,960 Speaker 1: to all of you who are praying for me and 693 00:38:03,040 --> 00:38:07,080 Speaker 1: supporting me in our movement. Please pray for the brave witnesses, 694 00:38:07,120 --> 00:38:11,600 Speaker 1: whistleblowers and citizens who saw what happened and documented it, 695 00:38:12,239 --> 00:38:16,000 Speaker 1: and for our patriotic, courageous legal team, and pray for 696 00:38:16,040 --> 00:38:19,840 Speaker 1: the judge who's overseeing this case. The world is watching 697 00:38:19,840 --> 00:38:24,759 Speaker 1: what happens here. The world is watching Arizona. Is that 698 00:38:24,800 --> 00:38:28,320 Speaker 1: what we think? She lost, of course to Katie hobbs 699 00:38:29,120 --> 00:38:34,400 Speaker 1: Uh the Democrat, by about seventeen thousand votes, and you know, 700 00:38:34,480 --> 00:38:38,759 Speaker 1: look it was close. Two point six million votes were cast. Now, 701 00:38:38,840 --> 00:38:40,839 Speaker 1: Lisa and Jeannie were hoping we'd run out of time 702 00:38:40,840 --> 00:38:43,960 Speaker 1: before I asked them about this, But we're really going 703 00:38:44,000 --> 00:38:46,799 Speaker 1: to go through this, Lisa, or or is this a 704 00:38:46,840 --> 00:38:49,440 Speaker 1: side show that no one's paying attention to. It's like 705 00:38:49,560 --> 00:38:51,960 Speaker 1: performative politics. Like I said before, it felt like a 706 00:38:52,000 --> 00:38:56,560 Speaker 1: world wrestling it's demonstration. It was just bananas. And what 707 00:38:56,760 --> 00:38:59,120 Speaker 1: is she hiding behind those filters? Joe? I mean, there's 708 00:38:59,160 --> 00:39:04,000 Speaker 1: so much to here. Where do you get those filters? Genie? 709 00:39:04,040 --> 00:39:06,600 Speaker 1: I need to look like that on camera? She says 710 00:39:06,640 --> 00:39:09,359 Speaker 1: buckle up on on Twitter. That's that's what she says. 711 00:39:09,400 --> 00:39:11,279 Speaker 1: But she's going to have to buckle up because the 712 00:39:11,360 --> 00:39:13,279 Speaker 1: judge said you either put up or you're going to 713 00:39:13,360 --> 00:39:15,600 Speaker 1: be sanctioned. And so maybe that's why she wants people 714 00:39:15,640 --> 00:39:18,040 Speaker 1: praying for him, because she may not be able to 715 00:39:18,080 --> 00:39:21,279 Speaker 1: accept those sanctions when she likely loses this thing. And 716 00:39:21,360 --> 00:39:24,560 Speaker 1: she's still saying she's going to call Katie Hobbs to 717 00:39:24,600 --> 00:39:28,719 Speaker 1: the witness stand. If you can imagine the fiasco that 718 00:39:28,800 --> 00:39:30,080 Speaker 1: is going to go on out there for this two 719 00:39:30,160 --> 00:39:33,719 Speaker 1: day trial. The judge dismissed eight of the ten claims. 720 00:39:34,000 --> 00:39:36,600 Speaker 1: Most people would take that as kind of bad news. 721 00:39:37,480 --> 00:39:39,600 Speaker 1: But is this over this week, Lisa, or we're moving 722 00:39:39,600 --> 00:39:43,640 Speaker 1: into marrow Lago? Who knows? I mean, I think that 723 00:39:43,680 --> 00:39:45,600 Speaker 1: this is just part of the sideshow that this has 724 00:39:45,640 --> 00:39:47,399 Speaker 1: all become, right, I think this would be a great 725 00:39:47,440 --> 00:39:49,520 Speaker 1: reality show in the making. Come on, he got some 726 00:39:49,760 --> 00:39:56,640 Speaker 1: TV stars, Trump Lake locked into the same Florida mansion. 727 00:39:58,120 --> 00:40:01,480 Speaker 1: You can pay me the royalties later. Lisa's a Camuso miller. 728 00:40:01,520 --> 00:40:06,279 Speaker 1: Ginie Chanzano thinks, as ever for a great conversation on 729 00:40:06,400 --> 00:40:08,640 Speaker 1: the fastest hour in politics, will meet you back here 730 00:40:08,680 --> 00:40:13,640 Speaker 1: Tomorrow's President Zelenski addresses Congress in Washington. This is Bloomberg.