1 00:00:01,639 --> 00:00:06,960 Speaker 1: Now from our nation's capital. This is Bloomberg Sound On. Obviously, 2 00:00:07,080 --> 00:00:10,480 Speaker 1: China is very upset with the United States. The United 3 00:00:10,480 --> 00:00:13,920 Speaker 1: States has what China would say, provoked Beijing. They've got 4 00:00:13,920 --> 00:00:15,720 Speaker 1: a long way to go before I think the American 5 00:00:15,760 --> 00:00:20,920 Speaker 1: publics and renew their compidence in the CDC Bloomberg Sound On, Politics, 6 00:00:20,960 --> 00:00:24,880 Speaker 1: Policy and Perspective from DC's top Names. We look at 7 00:00:24,920 --> 00:00:28,240 Speaker 1: the Republican ballot and it is full of these election deniers. 8 00:00:28,440 --> 00:00:32,080 Speaker 1: This is a reality of Republican politics today. It's going 9 00:00:32,120 --> 00:00:35,000 Speaker 1: to be very damaging to the organization and implicitly to 10 00:00:35,040 --> 00:00:40,520 Speaker 1: Trump himself. Bloomberg Sound On with Joe Matthew on Bloomberg Radio. 11 00:00:41,479 --> 00:00:44,440 Speaker 1: A federal judge tells the Justice Department to prepare for 12 00:00:44,479 --> 00:00:48,320 Speaker 1: the possible partial release of the affidavit behind the search 13 00:00:48,400 --> 00:00:51,920 Speaker 1: of mar Lago. Last week, the longtime chief financial officer 14 00:00:51,960 --> 00:00:56,240 Speaker 1: of the Trump administration Trump Organization leads guilty to tax fraud. 15 00:00:56,280 --> 00:00:58,760 Speaker 1: The Biden administration is looking to ramp up the supply 16 00:00:58,920 --> 00:01:02,880 Speaker 1: of the monkey box vaccine. I'm Jack Fitzpatrick standing in 17 00:01:03,040 --> 00:01:04,920 Speaker 1: for Joe Matthew this week, and we've got a ton 18 00:01:04,959 --> 00:01:07,440 Speaker 1: of news to cover. I'm gonna speak with Leroy Chow, 19 00:01:07,920 --> 00:01:11,279 Speaker 1: a retired astronaut who was commander of the International Space Station, 20 00:01:11,560 --> 00:01:15,440 Speaker 1: about the football field sized asteroids we don't even know about. 21 00:01:15,640 --> 00:01:18,240 Speaker 1: We're gonna hear from Congressman Chip Roy from Texas about 22 00:01:18,280 --> 00:01:22,120 Speaker 1: the Freedom Caucuses strategy for spending negotiations when lawmakers come 23 00:01:22,160 --> 00:01:25,480 Speaker 1: back into town. Bloomberg reporter Eric Larson is going to 24 00:01:25,520 --> 00:01:29,399 Speaker 1: explain the legast latest legal developments around former President Trump 25 00:01:29,520 --> 00:01:32,720 Speaker 1: and Bloomberg Politics contributors Rick Davis and Jennie Sheen Zano 26 00:01:32,760 --> 00:01:36,000 Speaker 1: are going to look ahead to next week's primary elections 27 00:01:36,200 --> 00:01:39,120 Speaker 1: in New York and Florida. But of course, a federal 28 00:01:39,200 --> 00:01:43,559 Speaker 1: judge in Florida ordered the Justice Department to propose within 29 00:01:43,600 --> 00:01:46,800 Speaker 1: a week what kind of information should be withheld in 30 00:01:46,840 --> 00:01:50,600 Speaker 1: the affidavit used to get the search warrant for Mara Lago, 31 00:01:50,760 --> 00:01:55,000 Speaker 1: the Florida residents of former President Donald Trump. The judge said, 32 00:01:55,160 --> 00:01:58,240 Speaker 1: I'm not prepared to find that the affidavit should be 33 00:01:58,400 --> 00:02:02,200 Speaker 1: fully sealed. We've before about how unusual it would be 34 00:02:02,480 --> 00:02:06,680 Speaker 1: to release these affidavits, but it seems there's a possibility 35 00:02:06,680 --> 00:02:09,320 Speaker 1: that at least some of that information is going to 36 00:02:09,360 --> 00:02:13,080 Speaker 1: come out. Now. Diana Shulman, the West Palm Beach attorney 37 00:02:13,120 --> 00:02:17,279 Speaker 1: representing the media coalition that wants to see that affidavit, 38 00:02:17,480 --> 00:02:20,240 Speaker 1: had this to say, at this juncture, he is not 39 00:02:20,320 --> 00:02:23,560 Speaker 1: inclined to keep the entirety of the search warrant application 40 00:02:23,760 --> 00:02:27,320 Speaker 1: and it's affidavit under seal, meaning that he understands that 41 00:02:27,360 --> 00:02:30,600 Speaker 1: the public is going to likely be entitled to some 42 00:02:30,800 --> 00:02:35,560 Speaker 1: parts of this warrant application and it's affidavit. We're joined 43 00:02:35,600 --> 00:02:39,720 Speaker 1: now by Eric Larson, Bloomberg Legal reporter. Eric, really happy 44 00:02:39,760 --> 00:02:41,920 Speaker 1: to have you with us, especially you were at the 45 00:02:42,000 --> 00:02:46,200 Speaker 1: courthouse in Florida today. You know, we've heard the past 46 00:02:46,200 --> 00:02:48,720 Speaker 1: couple of days it's so unusual for these kinds of 47 00:02:48,760 --> 00:02:51,400 Speaker 1: affidavits to come out publicly. Can you give us a 48 00:02:51,480 --> 00:02:57,839 Speaker 1: sense of how unprecedented or unusual this development was today? Yes? Sure, 49 00:02:57,880 --> 00:03:00,360 Speaker 1: you know, this is really not the out come that 50 00:03:00,400 --> 00:03:03,080 Speaker 1: the Justice Department wanted today. They wanted to keep this 51 00:03:03,280 --> 00:03:06,799 Speaker 1: entire affidavit completely underseal, and they made their case during 52 00:03:06,800 --> 00:03:10,399 Speaker 1: the hearing that lasted little over an hour, and they 53 00:03:10,400 --> 00:03:13,200 Speaker 1: said during the hearing that it was unprecedented and it 54 00:03:13,400 --> 00:03:17,040 Speaker 1: was very unusual for an affidavit like this to be unsealed, 55 00:03:17,120 --> 00:03:20,239 Speaker 1: especially early in a case before any charges have even 56 00:03:20,280 --> 00:03:23,840 Speaker 1: been filed. And they you know, they expressed concern that 57 00:03:23,919 --> 00:03:26,640 Speaker 1: this could set some kind of precedent um that the 58 00:03:26,800 --> 00:03:30,160 Speaker 1: FBI would not appreciate down the road. But the judge 59 00:03:30,160 --> 00:03:32,280 Speaker 1: said it wouldn't necessarily be a precedent and said it 60 00:03:32,320 --> 00:03:36,560 Speaker 1: could be something focused on just this one unprecedented case. Um. 61 00:03:36,720 --> 00:03:39,680 Speaker 1: So the judge really you know, giving something here to 62 00:03:39,720 --> 00:03:42,200 Speaker 1: the media organizations, but really also to Trump. He had 63 00:03:42,240 --> 00:03:46,120 Speaker 1: been calling for this affidavit to be um unsealed. They 64 00:03:46,120 --> 00:03:48,560 Speaker 1: still is calling for it to be completely unsealed. So 65 00:03:48,600 --> 00:03:51,080 Speaker 1: now we just have to wait and see what information 66 00:03:51,120 --> 00:03:54,000 Speaker 1: actually does become public. That's the big question mark right now, 67 00:03:54,040 --> 00:03:56,480 Speaker 1: and won't know that for a little bit. So what 68 00:03:56,760 --> 00:04:00,160 Speaker 1: is the likelihood the Justice Department sort of comply is 69 00:04:00,200 --> 00:04:03,600 Speaker 1: but whatever comes out is entirely blacked out. Reporters have 70 00:04:03,640 --> 00:04:06,880 Speaker 1: gotten Floyer requests that are technically honored and it's entirely 71 00:04:06,920 --> 00:04:09,160 Speaker 1: black lines. Is there a way for them to get 72 00:04:09,200 --> 00:04:12,400 Speaker 1: away with putting essentially nothing out there? Sure, you know 73 00:04:12,440 --> 00:04:14,520 Speaker 1: they can. They're welcome to make that proposal to the 74 00:04:14,600 --> 00:04:18,160 Speaker 1: judge and Judge Reinhard he did tell them essentially they 75 00:04:18,200 --> 00:04:21,400 Speaker 1: could do that if they wanted. But he also signaled 76 00:04:21,440 --> 00:04:23,960 Speaker 1: that if he disagreed with some of the decisions were 77 00:04:23,960 --> 00:04:26,080 Speaker 1: being that were being made on this, because he will 78 00:04:26,120 --> 00:04:28,520 Speaker 1: have access to the unredacted version of the judge, that 79 00:04:28,640 --> 00:04:31,160 Speaker 1: he'll just propose his own redactions. So it kind of 80 00:04:31,320 --> 00:04:33,480 Speaker 1: seemed like he was sending a signal to the government 81 00:04:33,520 --> 00:04:36,560 Speaker 1: to not go overboard on the redactions. You know. And 82 00:04:36,720 --> 00:04:40,520 Speaker 1: during these discussed the arguments such today, the Justice Department 83 00:04:40,600 --> 00:04:44,240 Speaker 1: lawyer said, hey, um, we might end up making a 84 00:04:44,279 --> 00:04:46,960 Speaker 1: public a redacted version that this is essentially gibberish and 85 00:04:47,040 --> 00:04:50,039 Speaker 1: isn't going to help anyone anyway. And the judge's response 86 00:04:50,080 --> 00:04:52,760 Speaker 1: was basically, well, you know that's kind of better than nothing. 87 00:04:52,960 --> 00:04:55,840 Speaker 1: Show people what you can show them. Um. So early 88 00:04:55,920 --> 00:04:58,679 Speaker 1: in the hearing he sent these signals, but he thought 89 00:04:58,760 --> 00:05:02,359 Speaker 1: something needed to be come out be made public here. Um, 90 00:05:02,400 --> 00:05:04,719 Speaker 1: perhaps you know, just to call these concerns that there's 91 00:05:04,760 --> 00:05:06,520 Speaker 1: nothing in it. You know, there's been a lot of 92 00:05:06,520 --> 00:05:10,560 Speaker 1: critics saying that this affidavit is being kept secret because uh, 93 00:05:10,600 --> 00:05:12,840 Speaker 1: you know, it's gonna there's nothing in it and it 94 00:05:12,880 --> 00:05:16,799 Speaker 1: will prove that the search warrant was unjustified, of course, 95 00:05:16,800 --> 00:05:19,320 Speaker 1: others say it's going to be full of embarrassing information 96 00:05:19,360 --> 00:05:21,400 Speaker 1: for Trump, so we'll just have to wait and see. Well, 97 00:05:21,440 --> 00:05:23,719 Speaker 1: you understand these kinds of cases. Does it seem that 98 00:05:23,800 --> 00:05:27,240 Speaker 1: Justice has a credible argument to make that the exposure 99 00:05:27,240 --> 00:05:31,760 Speaker 1: of this would hurt their ongoing investigations. I mean, it 100 00:05:31,839 --> 00:05:34,520 Speaker 1: certainly seemed like a reasonable argument. You know, they're talking 101 00:05:34,560 --> 00:05:37,640 Speaker 1: about what they kept stressing that this is a national 102 00:05:37,680 --> 00:05:42,120 Speaker 1: security issue the early stages of an investigation. They told 103 00:05:42,160 --> 00:05:45,960 Speaker 1: the judge, Um, you know, there are uh concerns that 104 00:05:46,000 --> 00:05:49,240 Speaker 1: even if you redacted the names of certain witnesses or 105 00:05:49,520 --> 00:05:52,760 Speaker 1: FBI agents who were involved, as he called them. There, 106 00:05:52,839 --> 00:05:55,039 Speaker 1: you know, there are internet sleuths out there, he said 107 00:05:55,040 --> 00:05:57,320 Speaker 1: in court, that could still find out the identities of 108 00:05:57,360 --> 00:06:00,800 Speaker 1: these individuals, and more importantly, perhaps you know, it could 109 00:06:00,880 --> 00:06:05,039 Speaker 1: scare off potential witnesses that have yet to talk to 110 00:06:05,080 --> 00:06:08,560 Speaker 1: the government and also reveal some who who their informants are, 111 00:06:08,680 --> 00:06:11,760 Speaker 1: how they're getting their information. Well, the one other piece 112 00:06:11,800 --> 00:06:14,719 Speaker 1: of news, uh tangentially related I want to ask you 113 00:06:14,720 --> 00:06:18,200 Speaker 1: about is Alan Weislberg, the longtime CFO for the Trump organization, 114 00:06:18,520 --> 00:06:21,719 Speaker 1: pleading guilty to tax fraud I've just got to ask, 115 00:06:22,200 --> 00:06:25,640 Speaker 1: this does not seem to some be some small bit player. 116 00:06:25,880 --> 00:06:29,760 Speaker 1: I mean, how significant was that development today? I have 117 00:06:29,839 --> 00:06:33,240 Speaker 1: to say it's very significant. Certainly. That is what experts 118 00:06:33,240 --> 00:06:36,120 Speaker 1: we've been speaking to have had to say about that 119 00:06:36,279 --> 00:06:39,520 Speaker 1: this expected plea. Once news broke that it was, it 120 00:06:39,600 --> 00:06:43,000 Speaker 1: was coming. So. Um. You know, any time a long 121 00:06:43,080 --> 00:06:46,640 Speaker 1: time CSO of a big company pleads guilty to tax crimes, 122 00:06:46,640 --> 00:06:49,080 Speaker 1: it's just, frankly, it's not a good look. And when 123 00:06:49,080 --> 00:06:51,400 Speaker 1: you add on top of that the fact that they're 124 00:06:51,440 --> 00:06:54,520 Speaker 1: still ongoing criminal case against the Trump organization in the 125 00:06:54,560 --> 00:06:57,600 Speaker 1: same case as Alan Weisselberg. Um, and that he's going 126 00:06:57,640 --> 00:07:00,760 Speaker 1: to be expected to testify if the case goes to trial, 127 00:07:00,960 --> 00:07:05,080 Speaker 1: testify against the Trump organization, even though he's not technically 128 00:07:05,120 --> 00:07:07,760 Speaker 1: cooperating in that sense of the war. He's not turning 129 00:07:08,160 --> 00:07:11,760 Speaker 1: turning against Trump or anything like that. But his testimony 130 00:07:11,800 --> 00:07:14,120 Speaker 1: could be very damaging to the Trump organization. And then 131 00:07:14,160 --> 00:07:15,640 Speaker 1: you know, I'm just on top of all of the 132 00:07:15,680 --> 00:07:19,080 Speaker 1: other uh sort of bad news um that's been that 133 00:07:19,560 --> 00:07:22,560 Speaker 1: the former president has been facing. I know our sources 134 00:07:22,760 --> 00:07:25,720 Speaker 1: told my colleague Patty Hurtado. Um, you know that that 135 00:07:25,840 --> 00:07:28,560 Speaker 1: was one of the things Weisenberg took into account was 136 00:07:28,680 --> 00:07:30,960 Speaker 1: all of the bad news from Janet ray six to 137 00:07:31,040 --> 00:07:33,200 Speaker 1: the Mono Lago search to everything else. And he was 138 00:07:33,240 --> 00:07:35,480 Speaker 1: worried that he did wouldn't get a fair trial in Manhattan, 139 00:07:35,560 --> 00:07:39,560 Speaker 1: US because he's painted by his association to Trump. So yeah, 140 00:07:39,640 --> 00:07:42,400 Speaker 1: not a not a great day for the Trump organization 141 00:07:42,400 --> 00:07:45,240 Speaker 1: in court today. Indeed, thank you so much, Eric Larson, 142 00:07:45,280 --> 00:07:48,200 Speaker 1: Bloomberg Legal reporter, for joining us. Let's go to the 143 00:07:48,200 --> 00:07:51,720 Speaker 1: panel Bloomberg Politics contributors Rick Davis and Jeannie she and 144 00:07:51,800 --> 00:07:53,920 Speaker 1: Zano guys. I want to follow up on that last 145 00:07:53,920 --> 00:07:59,840 Speaker 1: point Eric made on the Weisslberg plea, the idea and 146 00:08:00,000 --> 00:08:02,920 Speaker 1: it's a very interesting story on the Bloomberg terminal by 147 00:08:03,120 --> 00:08:06,920 Speaker 1: Eric and Patty that he saw all of the other 148 00:08:07,040 --> 00:08:10,320 Speaker 1: bad news around Trump, He saw the Mara Lago raid, 149 00:08:10,640 --> 00:08:13,400 Speaker 1: he saw other developments that we've been talking about all week, 150 00:08:13,760 --> 00:08:17,040 Speaker 1: and wondered how this was going to go for him. 151 00:08:17,520 --> 00:08:22,360 Speaker 1: Alan Weislberg, the longtime CFO of the Trump organization, Rick, 152 00:08:22,640 --> 00:08:26,680 Speaker 1: can you explain the broader context to the broader pressure 153 00:08:26,680 --> 00:08:30,440 Speaker 1: on anyone close to Trump? Is this a broad trend 154 00:08:30,480 --> 00:08:33,360 Speaker 1: that people close to Trump are seeing the bad news 155 00:08:33,400 --> 00:08:36,440 Speaker 1: and wondering if in a variety of cases they should 156 00:08:36,440 --> 00:08:38,560 Speaker 1: take a plea deal. And I think that this is 157 00:08:38,600 --> 00:08:43,120 Speaker 1: a very good example because, uh, Weislberg had been fighting 158 00:08:43,160 --> 00:08:46,280 Speaker 1: this case for over a year. I mean, in other words, 159 00:08:46,280 --> 00:08:49,040 Speaker 1: he was, you know, convinced that he could prevail against 160 00:08:49,040 --> 00:08:51,760 Speaker 1: the government and their efforts, and then all of a sudden, 161 00:08:51,760 --> 00:08:55,480 Speaker 1: at the last minute, basically abandoned his strategy that he 162 00:08:55,559 --> 00:08:58,160 Speaker 1: had fixed on for a long time and decided to 163 00:08:58,880 --> 00:09:02,200 Speaker 1: uh start cooperate with the with the States. So uh, 164 00:09:02,440 --> 00:09:04,720 Speaker 1: it is a great example of the fact that I 165 00:09:04,760 --> 00:09:08,199 Speaker 1: think he saw the tea leaves, he saw continuing pressure 166 00:09:08,200 --> 00:09:11,400 Speaker 1: on Trump from all these other angles, and uh and 167 00:09:11,480 --> 00:09:14,760 Speaker 1: I do think he was probably greatly impacted by the 168 00:09:15,320 --> 00:09:19,160 Speaker 1: debate around President Trump and the search by the FBI 169 00:09:19,280 --> 00:09:22,120 Speaker 1: of mar Lago. I mean, it's just the timing seemed 170 00:09:22,200 --> 00:09:25,640 Speaker 1: very precipitous. So uh, now we've got a whole different 171 00:09:25,679 --> 00:09:28,320 Speaker 1: situation where the focus will go from him onto the 172 00:09:28,440 --> 00:09:31,000 Speaker 1: Trump organization and the people who are part of that, 173 00:09:31,360 --> 00:09:34,160 Speaker 1: and of course at the top was Donald The other 174 00:09:34,280 --> 00:09:37,160 Speaker 1: pressure point I just want to touch on here is 175 00:09:37,200 --> 00:09:41,679 Speaker 1: the idea of jail time or prison time. Weisslberg, this 176 00:09:41,760 --> 00:09:46,000 Speaker 1: deal is for a five month sentence at Riker's that 177 00:09:46,040 --> 00:09:48,760 Speaker 1: could be down to a hundred days with good behavior. 178 00:09:49,160 --> 00:09:52,319 Speaker 1: If not for this deal, he could have been facing 179 00:09:52,480 --> 00:09:55,839 Speaker 1: fifteen years. Now. I know that's not what we're talking 180 00:09:55,880 --> 00:09:59,720 Speaker 1: about when we discuss, say, uh, not necessarily what we're 181 00:09:59,720 --> 00:10:03,640 Speaker 1: talking out with the January sixth committee, if they're, as 182 00:10:03,679 --> 00:10:05,840 Speaker 1: they have said, trying to make the case that January 183 00:10:05,840 --> 00:10:09,760 Speaker 1: six was a coup. But in the variety of legal 184 00:10:10,360 --> 00:10:16,120 Speaker 1: uh challenges for people around President Trump, uh, considering there 185 00:10:16,200 --> 00:10:21,000 Speaker 1: this is a criminal case, there's the investigation in Georgia, Genie. 186 00:10:21,000 --> 00:10:25,400 Speaker 1: To what extent does the increasing in some cases threat 187 00:10:25,640 --> 00:10:29,440 Speaker 1: of prison time maybe shake things loose in a variety 188 00:10:29,480 --> 00:10:32,360 Speaker 1: of these cases surrounding the former president. It's such an 189 00:10:32,400 --> 00:10:36,800 Speaker 1: important point, Jack, you know, Weislberg seventy five years old, 190 00:10:37,040 --> 00:10:40,520 Speaker 1: and to imagine that he would be facing you know, 191 00:10:40,800 --> 00:10:45,520 Speaker 1: fifteen years in prison at his age in a place 192 00:10:45,600 --> 00:10:49,520 Speaker 1: like potentially Rikers or somewhere else that is the rest 193 00:10:49,520 --> 00:10:52,160 Speaker 1: of his life. That is a death sentence. So I 194 00:10:52,200 --> 00:10:55,040 Speaker 1: think that does play a critical role one of the 195 00:10:55,040 --> 00:10:57,880 Speaker 1: big things that's being discussed, and we're hearing an awful 196 00:10:57,880 --> 00:11:00,520 Speaker 1: lot about this Weiselberg case. In addition to that, and 197 00:11:00,640 --> 00:11:04,320 Speaker 1: this plea is the fact that the district Attorney, Alvin Bragg, 198 00:11:04,760 --> 00:11:09,559 Speaker 1: did not get Weiselberg's cooperation against Donald Trump personally. What 199 00:11:09,600 --> 00:11:13,120 Speaker 1: he got was his cooperation against the Trump organization. Should 200 00:11:13,240 --> 00:11:17,360 Speaker 1: they go to trial in October, which they may well do. 201 00:11:17,760 --> 00:11:20,400 Speaker 1: Some people are seeing that as a real loss for 202 00:11:20,640 --> 00:11:23,440 Speaker 1: the state, for the city, for Alan Bragg. But other 203 00:11:23,480 --> 00:11:27,199 Speaker 1: people are saying, it's critically important you have weisl Weislberg's 204 00:11:27,200 --> 00:11:30,160 Speaker 1: testimony is CFO against the organization, but again it's not 205 00:11:30,240 --> 00:11:33,280 Speaker 1: against Trump himself. So there's a lot of discussion about 206 00:11:33,320 --> 00:11:37,440 Speaker 1: that distinction, right, Rick, Let's double down on that. To 207 00:11:37,520 --> 00:11:40,960 Speaker 1: what extent does this really loop in the former president 208 00:11:41,120 --> 00:11:44,800 Speaker 1: or is this should he be comfortable at all with 209 00:11:44,880 --> 00:11:48,640 Speaker 1: the fact that that the testimony by Weislberg will be 210 00:11:49,320 --> 00:11:54,280 Speaker 1: against the Trump organization not Trump. Yeah, I mean, uh sure, 211 00:11:54,800 --> 00:11:58,400 Speaker 1: I think it to some degree. Within the media, within 212 00:11:58,480 --> 00:12:01,360 Speaker 1: the public. It's a just stinction without merit. Right. In 213 00:12:01,400 --> 00:12:05,240 Speaker 1: other words, if the Trump organizations found guilty of you know, 214 00:12:05,320 --> 00:12:09,000 Speaker 1: tax fraud or um, it'll have a negative impact on 215 00:12:09,040 --> 00:12:11,600 Speaker 1: Donald Trump. Nobody, uh, nobody wants to see that as 216 00:12:11,600 --> 00:12:14,440 Speaker 1: a former president, you know, especially while he was president, 217 00:12:14,559 --> 00:12:16,480 Speaker 1: this kind of a problem. And this is the guy, 218 00:12:16,559 --> 00:12:19,480 Speaker 1: by the way, we have to remind everybody, wouldn't you know, 219 00:12:19,480 --> 00:12:23,640 Speaker 1: wouldn't release his tax uh taxes, you know, to the public. 220 00:12:23,760 --> 00:12:26,480 Speaker 1: So uh it's a negative, but it may not have 221 00:12:26,520 --> 00:12:33,360 Speaker 1: any potential legal um uh sides to exposing him to 222 00:12:33,559 --> 00:12:36,320 Speaker 1: legal jeopardy, and it could be shielded by the corporation. 223 00:12:36,480 --> 00:12:40,640 Speaker 1: So uh, it's to me in the public domain, it's 224 00:12:40,679 --> 00:12:43,600 Speaker 1: a it's a distinction without merit. But obviously there are 225 00:12:43,600 --> 00:12:46,520 Speaker 1: a lot of people who want to see Donald Trump prosecuted, 226 00:12:46,640 --> 00:12:49,160 Speaker 1: and uh uh my guess is they're going to have 227 00:12:49,200 --> 00:12:51,520 Speaker 1: to pick from any one of the other four uh 228 00:12:51,720 --> 00:12:54,600 Speaker 1: suits that are currently going on. One other thing I 229 00:12:54,640 --> 00:12:59,040 Speaker 1: want to touch on with regard to what happens in 230 00:12:59,080 --> 00:13:03,080 Speaker 1: the public domain in versus the legal process. When the 231 00:13:03,240 --> 00:13:05,920 Speaker 1: news broke somewhat recently a little while back a few 232 00:13:06,000 --> 00:13:09,080 Speaker 1: days ago, that Trump was taking the fifth in one 233 00:13:09,160 --> 00:13:12,319 Speaker 1: of his cases, it seemed to be something that would 234 00:13:12,320 --> 00:13:15,240 Speaker 1: play out on the campaign trail. Uh. Trump is somebody 235 00:13:15,240 --> 00:13:19,240 Speaker 1: who said that only the mob pleads the fifth um genie. 236 00:13:19,600 --> 00:13:24,080 Speaker 1: This is in this story by Patricia Urtado and Eric Larson, 237 00:13:24,320 --> 00:13:26,840 Speaker 1: that that's one of the factors Trump's decision to plead 238 00:13:26,880 --> 00:13:33,160 Speaker 1: the fifth uh playing into Weisselberg's decision to plead guilty. 239 00:13:33,200 --> 00:13:36,040 Speaker 1: How much more should we be reading into Does that, 240 00:13:36,280 --> 00:13:39,440 Speaker 1: I guess, shake the confidence of anyone around him? If 241 00:13:39,480 --> 00:13:43,040 Speaker 1: the president the former president doesn't have a specific legal 242 00:13:43,160 --> 00:13:45,480 Speaker 1: argument to make in some of these cases, you know, 243 00:13:45,520 --> 00:13:47,079 Speaker 1: I think it has to. And I think it's such 244 00:13:47,120 --> 00:13:49,280 Speaker 1: an important point that they make in that piece because 245 00:13:49,280 --> 00:13:52,160 Speaker 1: it really has to play into these decisions that people 246 00:13:52,160 --> 00:13:54,800 Speaker 1: are making. Of course, as you mentioned, Donald Trump makes 247 00:13:54,840 --> 00:13:57,000 Speaker 1: a big case for many many years that only the 248 00:13:57,000 --> 00:13:59,760 Speaker 1: guilty would take the fifth, and then he takes the fifth. 249 00:13:59,760 --> 00:14:04,520 Speaker 1: But reality politically for him is his supporters don't seem 250 00:14:04,559 --> 00:14:07,040 Speaker 1: to be bothered like that. As he said, he could 251 00:14:07,040 --> 00:14:10,120 Speaker 1: shoot somebody on Fifth Avenue and it wouldn't matter. He 252 00:14:10,160 --> 00:14:12,120 Speaker 1: can say, don't take the fifth because if you do, 253 00:14:12,160 --> 00:14:14,720 Speaker 1: you're guilty, and then he can take it. Politically it 254 00:14:14,760 --> 00:14:17,360 Speaker 1: doesn't seem to hurt him. But in the leady, all 255 00:14:17,400 --> 00:14:20,600 Speaker 1: these legal casesn't these people who are facing these charges, 256 00:14:20,920 --> 00:14:24,080 Speaker 1: It's got a way into their decision as to how 257 00:14:24,120 --> 00:14:26,120 Speaker 1: they should move forward. And I think we're seeing that 258 00:14:26,160 --> 00:14:29,200 Speaker 1: play out with Weisselberg himself. I want to touch on 259 00:14:29,200 --> 00:14:34,560 Speaker 1: one other significant headline today. The Biden administration is aiming 260 00:14:34,600 --> 00:14:38,840 Speaker 1: to ramp up supply of the monkey pox vaccine, trying 261 00:14:38,840 --> 00:14:42,160 Speaker 1: to clear the way for a deal between the manufacturer 262 00:14:42,240 --> 00:14:47,600 Speaker 1: Bavarian Nordic and a Michigan based manufacturer to finish packaging 263 00:14:47,840 --> 00:14:51,240 Speaker 1: of millions of doses here in the US. Uh, it 264 00:14:51,360 --> 00:14:54,520 Speaker 1: seems to be an issue where the Biden administration is 265 00:14:54,880 --> 00:14:57,520 Speaker 1: off to a bit of a slow start, got behind 266 00:14:57,560 --> 00:15:01,200 Speaker 1: the eight ball a little bit. Uh what what needs 267 00:15:01,240 --> 00:15:04,320 Speaker 1: to be the strategy here? And I mean is this 268 00:15:04,400 --> 00:15:07,760 Speaker 1: headline of what they're trying to do to finish manufacturing 269 00:15:08,440 --> 00:15:12,520 Speaker 1: rick on these vaccines a desperation mood or move or 270 00:15:12,520 --> 00:15:15,160 Speaker 1: how much should we look into this kind of development? 271 00:15:15,600 --> 00:15:17,840 Speaker 1: You know, it's it's still I think something that we're 272 00:15:17,840 --> 00:15:22,160 Speaker 1: watching materialize. I mean, I think this administration was off 273 00:15:22,200 --> 00:15:25,120 Speaker 1: to a slow start on the monkey pox. I think 274 00:15:25,160 --> 00:15:28,360 Speaker 1: we were reminded yesterday by the announcements of the CDC 275 00:15:28,640 --> 00:15:31,400 Speaker 1: of having you know, admitted that they got it wrong 276 00:15:31,440 --> 00:15:35,240 Speaker 1: on COVID in initial stages especially, but it didn't look 277 00:15:35,280 --> 00:15:37,640 Speaker 1: like they learned anything. I mean, you know, next thing 278 00:15:37,840 --> 00:15:40,720 Speaker 1: up on the blocks as a monkey pox outbreak, and 279 00:15:40,760 --> 00:15:43,040 Speaker 1: everybody was, well, don't worry about it. This is a 280 00:15:43,120 --> 00:15:45,160 Speaker 1: very contained we'll get ahead of it. And then now 281 00:15:45,160 --> 00:15:49,120 Speaker 1: we're backfilling. So uh, whatever reason, this administration does seem 282 00:15:49,160 --> 00:15:51,240 Speaker 1: to get off to a slow start on on these 283 00:15:51,880 --> 00:15:55,840 Speaker 1: health impacts. And uh, and it just doesn't look good, right, 284 00:15:55,880 --> 00:15:58,560 Speaker 1: I mean, this is something that probably could have happened 285 00:15:58,640 --> 00:16:02,440 Speaker 1: much earlier. Uh and uh and so I think it's material. 286 00:16:02,840 --> 00:16:05,640 Speaker 1: Uh We're gonna see just how much the monkey pox 287 00:16:05,720 --> 00:16:08,400 Speaker 1: spreads and what kind of a public health problem it becomes. 288 00:16:08,800 --> 00:16:11,960 Speaker 1: But this administration, I think, is doing what they can 289 00:16:12,040 --> 00:16:14,600 Speaker 1: to backfill right now. And and and it's a good 290 00:16:14,600 --> 00:16:17,520 Speaker 1: thing that they've come to this point, but we hope 291 00:16:17,520 --> 00:16:20,280 Speaker 1: it's not too late. Well, let's let's look ahead to 292 00:16:20,560 --> 00:16:24,680 Speaker 1: next week. A few primaries premier elections next Tuesday to 293 00:16:24,800 --> 00:16:29,640 Speaker 1: talk about him. Especially interested in the New York congressional 294 00:16:29,880 --> 00:16:33,960 Speaker 1: primary to represent the upper West Side of Manhattan between 295 00:16:34,280 --> 00:16:38,520 Speaker 1: Caroline Maloney and Jerry Nadler uh to committee chairs to 296 00:16:39,480 --> 00:16:44,920 Speaker 1: mainstream leadership aligned House Democrats pitted against each other. Uh. 297 00:16:45,040 --> 00:16:51,440 Speaker 1: Maloney multiple times recently has downplayed the idea of President 298 00:16:51,520 --> 00:16:55,960 Speaker 1: Biden running for re election. In one of those was 299 00:16:56,440 --> 00:16:58,960 Speaker 1: a weird back and forth in her interview with the 300 00:16:58,960 --> 00:17:02,320 Speaker 1: New York Times editor old Board where she said on 301 00:17:02,360 --> 00:17:05,760 Speaker 1: the record in the interview, off the record, he's not running. Uh. 302 00:17:05,800 --> 00:17:08,080 Speaker 1: They did not agree to keep that off the record 303 00:17:08,080 --> 00:17:12,159 Speaker 1: that was published. Genie, has Maloney helped herself? Is there 304 00:17:12,200 --> 00:17:17,000 Speaker 1: any anything strategic about her comments about the president as 305 00:17:17,040 --> 00:17:21,480 Speaker 1: she faces this tough reelection bid against Jerry Nadler. It 306 00:17:21,680 --> 00:17:24,119 Speaker 1: really was baffling because, of course, as you mentioned, that 307 00:17:24,200 --> 00:17:26,840 Speaker 1: was the second time Caroline Maloney had done this. She 308 00:17:26,920 --> 00:17:29,120 Speaker 1: did this in the context of a debate, and then 309 00:17:29,160 --> 00:17:32,440 Speaker 1: she had to walk it back amongst a lot of criticism. 310 00:17:32,520 --> 00:17:35,199 Speaker 1: And then she goes into this editorial board meeting and 311 00:17:35,280 --> 00:17:38,040 Speaker 1: she does it again. And you know, that is not 312 00:17:38,320 --> 00:17:40,639 Speaker 1: where she wants to be. That's not what she wants 313 00:17:40,680 --> 00:17:42,840 Speaker 1: to be talking about her. It shouldn't be. And of 314 00:17:42,880 --> 00:17:47,040 Speaker 1: course we've seen the polls are reflecting that. The latest polls, 315 00:17:47,080 --> 00:17:49,880 Speaker 1: of course the New York Times, the Washington Post, they 316 00:17:49,920 --> 00:17:54,640 Speaker 1: both endorsed Nadler. Majority leader Chuck Schumer endorsed Nadler, much 317 00:17:54,640 --> 00:17:58,119 Speaker 1: to Maloney's dismay, and now his lead in the latest 318 00:17:58,119 --> 00:18:00,919 Speaker 1: polls have grown to about ten per centage points. So 319 00:18:01,200 --> 00:18:03,440 Speaker 1: a race I thought was going to be a lot closer, 320 00:18:03,480 --> 00:18:06,280 Speaker 1: playing out a lot along the lines of identity politics, 321 00:18:06,320 --> 00:18:10,920 Speaker 1: you know, issues of gender versus issues of religion. That 322 00:18:11,000 --> 00:18:14,360 Speaker 1: has really grown in terms of his lead over her 323 00:18:14,560 --> 00:18:17,720 Speaker 1: and what was a really contentious member versus member, but 324 00:18:17,760 --> 00:18:22,359 Speaker 1: committee chair versus committee chair primary, which is rare, especially 325 00:18:22,400 --> 00:18:24,760 Speaker 1: in New York. Yeah, it's one thing to see these 326 00:18:24,760 --> 00:18:29,159 Speaker 1: member versus member primaries, but you've got the oversight chair 327 00:18:29,240 --> 00:18:34,800 Speaker 1: in Maloney and the judiciary chair in Nadler. Really fascinating 328 00:18:34,920 --> 00:18:37,520 Speaker 1: race to watch, and as you said, Jennie Nadler has 329 00:18:37,560 --> 00:18:40,480 Speaker 1: a recent polling lead. That's something to look forward to 330 00:18:40,600 --> 00:18:45,560 Speaker 1: next Tuesday. I'm also really interested in the Democratic primary 331 00:18:45,600 --> 00:18:49,400 Speaker 1: to challenge Ron de Santis. Are we going to see 332 00:18:49,640 --> 00:18:54,920 Speaker 1: Nicky Freed, the former agriculture secretary in Florida, who's running 333 00:18:54,960 --> 00:18:58,320 Speaker 1: to the left of Charlie Christ, the former governor, former 334 00:18:58,560 --> 00:19:02,840 Speaker 1: Republican who's running for the Democratic nomination. Rick, is there 335 00:19:02,960 --> 00:19:05,959 Speaker 1: a national lesson to learn from whatever happens this race 336 00:19:06,200 --> 00:19:08,960 Speaker 1: or the Democrats trying to figure out how to beat 337 00:19:09,160 --> 00:19:11,359 Speaker 1: Ron de Santis not only in this race but when 338 00:19:11,400 --> 00:19:15,080 Speaker 1: he may be running for president. Um I think they'll 339 00:19:15,240 --> 00:19:17,879 Speaker 1: learn some lessons from this. And Charlie Cris, who was 340 00:19:17,880 --> 00:19:20,600 Speaker 1: an old McCain supporter, a great friend of mine. Uh, 341 00:19:20,640 --> 00:19:23,560 Speaker 1: you're right as a Republican now running as a Democrat. 342 00:19:24,040 --> 00:19:26,600 Speaker 1: And and I think one of the lessons are gonna 343 00:19:26,680 --> 00:19:28,639 Speaker 1: learn is that there has been a big change in 344 00:19:28,680 --> 00:19:34,200 Speaker 1: this race. Prior to the Scotish decision on Roe v. Wade. Uh, 345 00:19:34,280 --> 00:19:37,280 Speaker 1: Charlie Chris had a handy lead uh in front of 346 00:19:37,359 --> 00:19:40,040 Speaker 1: Nicki Freed and and and all of a sudden that 347 00:19:40,160 --> 00:19:43,520 Speaker 1: table has turned and now uh it looks like Nikki 348 00:19:43,600 --> 00:19:45,840 Speaker 1: Freed is pulling about five points ahead so in the 349 00:19:45,880 --> 00:19:48,040 Speaker 1: latest surveys. And and I think one of the things 350 00:19:48,080 --> 00:19:50,680 Speaker 1: when you read into that survey is she's got a 351 00:19:50,760 --> 00:19:55,760 Speaker 1: lead amongst twenty points uh over Charlie Cris, who always 352 00:19:55,760 --> 00:19:59,640 Speaker 1: has had good support amongst women. UHH. And I think 353 00:19:59,680 --> 00:20:02,000 Speaker 1: that can only be you can only draw the conclusion 354 00:20:02,080 --> 00:20:04,399 Speaker 1: that that that has been a stampede since the row 355 00:20:04,480 --> 00:20:09,000 Speaker 1: View Wade decision towards Nikki Freed. So I think it's 356 00:20:09,040 --> 00:20:11,960 Speaker 1: as much about what's happening in these states because of 357 00:20:12,000 --> 00:20:15,160 Speaker 1: some of these issues, especially the social issues that these 358 00:20:15,600 --> 00:20:18,360 Speaker 1: Supreme Court has weight into and of course then we'll 359 00:20:18,359 --> 00:20:22,240 Speaker 1: see how that fairs whoever wins the nomination against uh 360 00:20:22,320 --> 00:20:26,320 Speaker 1: the Santis and lessons learned for the future presidential campaign. Yeah, 361 00:20:26,359 --> 00:20:30,960 Speaker 1: that's an interesting and important point, Rick on UH the 362 00:20:30,960 --> 00:20:34,120 Speaker 1: the big theme of the these mid terms. Obviously it's 363 00:20:34,160 --> 00:20:37,680 Speaker 1: tough for the president's party in the first mid terms, 364 00:20:38,000 --> 00:20:41,640 Speaker 1: UH usually, but we were, I guess looking for signs 365 00:20:41,680 --> 00:20:46,600 Speaker 1: to see uh any additional motivation from women voters in 366 00:20:46,640 --> 00:20:51,320 Speaker 1: these mid terms after that Dobbs ruling. Um Genie on 367 00:20:51,440 --> 00:20:54,160 Speaker 1: that point. And I'm also curious at one other point 368 00:20:54,200 --> 00:20:59,360 Speaker 1: on this race in Florida, does Charlie Christ have the 369 00:20:59,400 --> 00:21:03,640 Speaker 1: appeal that helped Joe Biden win? I know he's spoken 370 00:21:03,680 --> 00:21:07,560 Speaker 1: a bit about De Santis being a Trump like figure 371 00:21:07,920 --> 00:21:12,119 Speaker 1: and maybe Christ is the known commodity UH no surprises 372 00:21:12,160 --> 00:21:17,440 Speaker 1: with him. It can Chris replicate what worked for Biden? 373 00:21:19,000 --> 00:21:22,760 Speaker 1: I think that's his strategy. But this reversal that Rick 374 00:21:22,880 --> 00:21:25,040 Speaker 1: was just pointing to and you were just talking about 375 00:21:25,119 --> 00:21:28,800 Speaker 1: has been dramatic by Nikki Freed, and I think this 376 00:21:28,920 --> 00:21:32,800 Speaker 1: Dabbs decision plays so much into that and the ability 377 00:21:32,840 --> 00:21:37,040 Speaker 1: of her to generate enthusiasm amongst women who seem to 378 00:21:37,160 --> 00:21:40,159 Speaker 1: be moving more to her side. That is a big 379 00:21:40,200 --> 00:21:43,000 Speaker 1: story across the country in some of these races, and 380 00:21:43,040 --> 00:21:44,800 Speaker 1: I think we're seeing it play out there. I think, 381 00:21:44,800 --> 00:21:47,919 Speaker 1: in the absence of the Dabbs decision, Chris may have 382 00:21:48,040 --> 00:21:51,040 Speaker 1: a better shot of doing exactly what you're talking about. 383 00:21:51,280 --> 00:21:53,840 Speaker 1: And one of the most recent examples is Nikki Freed 384 00:21:53,920 --> 00:21:58,359 Speaker 1: has been out on the airwaves blaming Charlie christ for 385 00:21:58,560 --> 00:22:01,320 Speaker 1: the fact that a team Nature who doesn't have parents 386 00:22:01,320 --> 00:22:04,159 Speaker 1: in Florida can't get an abortion in her own state. 387 00:22:04,560 --> 00:22:07,240 Speaker 1: She is blaming Charlie Chris because of the positions he's 388 00:22:07,240 --> 00:22:10,800 Speaker 1: held from state attorney general to governor and switching parties, 389 00:22:10,840 --> 00:22:12,680 Speaker 1: all those things that Rick talked about in his past. 390 00:22:13,000 --> 00:22:15,439 Speaker 1: So she is really playing on this issue. And I 391 00:22:15,480 --> 00:22:17,160 Speaker 1: will tell you up where I am in New York, 392 00:22:17,359 --> 00:22:19,600 Speaker 1: we're seeing that in some of these races as well. 393 00:22:19,640 --> 00:22:23,159 Speaker 1: So I think the Dobbs is sort of giving, you know, 394 00:22:23,280 --> 00:22:25,639 Speaker 1: some exceptions to what we think of as the general 395 00:22:25,720 --> 00:22:29,919 Speaker 1: rule that the party not in power, um not the 396 00:22:29,960 --> 00:22:32,000 Speaker 1: party out of power in the White House should do 397 00:22:32,080 --> 00:22:35,840 Speaker 1: incredibly well. Republicans likely still will, but this may get 398 00:22:36,000 --> 00:22:39,440 Speaker 1: enthusiasm for Democrats in some of these races one other 399 00:22:39,720 --> 00:22:43,600 Speaker 1: race I'm I'm very interested in in Florida, Alan Grayson 400 00:22:43,800 --> 00:22:46,720 Speaker 1: is running for Congress again for val Demming's old seat, 401 00:22:47,000 --> 00:22:49,879 Speaker 1: uh seat in in the House in Florida. Genie, I 402 00:22:49,920 --> 00:22:52,080 Speaker 1: just want to know what you think about You know, 403 00:22:52,160 --> 00:22:56,359 Speaker 1: he was quite the bomb thrower, had a big spat 404 00:22:56,400 --> 00:22:59,640 Speaker 1: with Politico on his way out of Congress. What what 405 00:22:59,640 --> 00:23:02,720 Speaker 1: would be like if Alan Grayson comes back to Congress. 406 00:23:03,600 --> 00:23:06,200 Speaker 1: I've got to think Nancy Pelosi is not loving this 407 00:23:06,280 --> 00:23:10,520 Speaker 1: idea as many Democrats. Um. You know, the fact is 408 00:23:10,600 --> 00:23:14,480 Speaker 1: Grayson has such high name recognition and there's so many 409 00:23:14,600 --> 00:23:18,119 Speaker 1: contenders on this side that he may be able to 410 00:23:18,240 --> 00:23:21,200 Speaker 1: pull this out. And of course he has not been 411 00:23:21,200 --> 00:23:24,040 Speaker 1: shy about using quotes Nancy Pelosi. I think one of 412 00:23:24,080 --> 00:23:27,120 Speaker 1: the mailers was I love Ellen Grayson, and Nancy Pelosi 413 00:23:27,160 --> 00:23:29,679 Speaker 1: did not endorse in this race. So it's gonna be 414 00:23:29,720 --> 00:23:32,879 Speaker 1: fascinating if he actually gets the nomination. Right coming up, 415 00:23:32,880 --> 00:23:36,440 Speaker 1: we're gonna talk to Leroy Chow, the retired NASA astronaut 416 00:23:36,800 --> 00:23:41,640 Speaker 1: about asteroids. I am fascinated by this issue funding for asteroids, 417 00:23:41,680 --> 00:23:45,280 Speaker 1: timing on a plan to map asteroids. That's gonna be 418 00:23:45,280 --> 00:23:52,440 Speaker 1: a fun conversation I'm Jack Fitzpatrick. This is Bloomberg to 419 00:23:52,640 --> 00:24:00,399 Speaker 1: boldly go where no man has gone before. All Right, 420 00:24:00,480 --> 00:24:05,440 Speaker 1: the Biben administration has requested a budget cut for NASA's 421 00:24:05,560 --> 00:24:09,320 Speaker 1: planetary defense programs, including a two year delay to the 422 00:24:09,520 --> 00:24:13,360 Speaker 1: Neo Surveyor program as they call it, any LEO standing 423 00:24:13,400 --> 00:24:16,960 Speaker 1: for Near Earth Objects. This is a space telescope that's 424 00:24:16,960 --> 00:24:20,760 Speaker 1: supposed to find asteroids of a hundred forty meters or 425 00:24:20,800 --> 00:24:22,879 Speaker 1: more in diameter. These are the kind of things that 426 00:24:22,960 --> 00:24:25,359 Speaker 1: would wipe out a city or even a region if 427 00:24:25,400 --> 00:24:28,480 Speaker 1: they hit Earth. NASA has not told me much about 428 00:24:28,680 --> 00:24:31,200 Speaker 1: why they called for this budget cut in two year delay, 429 00:24:31,520 --> 00:24:34,240 Speaker 1: so I wanted to talk to maybe an astronaut or 430 00:24:34,280 --> 00:24:37,960 Speaker 1: a scientist, something like that. I'm very excited to speak 431 00:24:37,960 --> 00:24:41,000 Speaker 1: to someone who is both. Leroy Chow is a chemical 432 00:24:41,080 --> 00:24:45,119 Speaker 1: engineer and a retired astronaut with NASA who was commander 433 00:24:45,160 --> 00:24:49,000 Speaker 1: of the International Space Station. Commander Chow, I'm very happy 434 00:24:49,040 --> 00:24:51,600 Speaker 1: to have you on the show. Uh, My big question 435 00:24:51,680 --> 00:24:55,040 Speaker 1: to start is on the Neo Surveyor program, and from 436 00:24:55,119 --> 00:24:59,440 Speaker 1: your perspective, is there a good reason to cut the 437 00:24:59,560 --> 00:25:04,200 Speaker 1: NASA planetary defense budget and delay that Neo Surveyor? Well, 438 00:25:04,240 --> 00:25:06,600 Speaker 1: of course, in my view, with my interest in space 439 00:25:06,640 --> 00:25:10,840 Speaker 1: and experience, I'm always for funding more space programs. You know, 440 00:25:10,960 --> 00:25:14,719 Speaker 1: nasive budget over the years has been running less than 441 00:25:14,800 --> 00:25:17,800 Speaker 1: one percent of the budget and only recently in recent 442 00:25:17,880 --> 00:25:21,200 Speaker 1: years has been increased to right around one percent. So 443 00:25:21,600 --> 00:25:23,760 Speaker 1: it's really a training drop in the bucket. And so 444 00:25:23,800 --> 00:25:28,760 Speaker 1: anytime you're cutting programs and satellite programs, whether it's satellite 445 00:25:28,760 --> 00:25:32,200 Speaker 1: programs or human space slight programs, it's kind of a shame. 446 00:25:32,320 --> 00:25:35,880 Speaker 1: So yeah, it is a shame that the budget of 447 00:25:35,880 --> 00:25:40,200 Speaker 1: of this particular spacecraft is being taught. The Neo Surveyor 448 00:25:40,560 --> 00:25:44,520 Speaker 1: was scheduled to launch in as you pointed out, it's 449 00:25:44,600 --> 00:25:47,440 Speaker 1: out there to to look for asteroids around a hundred 450 00:25:48,040 --> 00:25:50,879 Speaker 1: in diameter up to about thirty million miles away from 451 00:25:50,920 --> 00:25:54,320 Speaker 1: the years, so that's going to be delayed. Uh. You know, 452 00:25:54,520 --> 00:25:57,800 Speaker 1: overall the big picture, there's probably not a huge impact. 453 00:25:57,960 --> 00:26:01,280 Speaker 1: You know, the big impact that wiped out the dinosaurs 454 00:26:01,280 --> 00:26:04,280 Speaker 1: is around sixty five or so million years ago, and 455 00:26:04,400 --> 00:26:06,240 Speaker 1: so we could probably afford to wait at least a 456 00:26:06,240 --> 00:26:09,440 Speaker 1: few more years, so hopefully in in in two years. 457 00:26:09,480 --> 00:26:12,320 Speaker 1: Of course, the chances of something hitting us is uh, 458 00:26:12,480 --> 00:26:15,600 Speaker 1: not very likely, but on the broader topic of our 459 00:26:15,920 --> 00:26:19,440 Speaker 1: ability to map these and to understand where things are. 460 00:26:20,320 --> 00:26:23,639 Speaker 1: I believe I've heard where we've gotten maybe fifty of 461 00:26:23,680 --> 00:26:27,119 Speaker 1: these mapped at this point. What is our current understanding 462 00:26:27,359 --> 00:26:30,879 Speaker 1: of what's out there, the asteroids, things that meteorites that 463 00:26:30,920 --> 00:26:33,040 Speaker 1: could hit Earth. How much do we know and how 464 00:26:33,119 --> 00:26:35,679 Speaker 1: much do we not know? Well, I think part of 465 00:26:35,680 --> 00:26:38,040 Speaker 1: the problem is, you know, we certainly mapped some of 466 00:26:38,040 --> 00:26:41,480 Speaker 1: the asteroids flying around, and it looks like there's nothing 467 00:26:41,520 --> 00:26:43,840 Speaker 1: we know of that's going to hit us in the 468 00:26:43,880 --> 00:26:47,480 Speaker 1: next hundred years. That's the estimate from NASA. That's the 469 00:26:47,520 --> 00:26:50,360 Speaker 1: good news. But you know, of course we don't necessarily 470 00:26:50,359 --> 00:26:53,199 Speaker 1: know what we don't know, and uh, you know, we 471 00:26:53,280 --> 00:26:55,000 Speaker 1: could there be more of those out there and we 472 00:26:55,119 --> 00:26:58,280 Speaker 1: know and be in orbits that you know, we just 473 00:26:58,320 --> 00:27:01,840 Speaker 1: have figured out yet. And that's what the Neo surveyor 474 00:27:01,920 --> 00:27:04,400 Speaker 1: is going to help us answer, being able to look 475 00:27:04,400 --> 00:27:06,880 Speaker 1: a little far throughout and characterize some of these objects. 476 00:27:07,119 --> 00:27:09,520 Speaker 1: But you know, they're they're those of us. Kind of 477 00:27:09,520 --> 00:27:12,200 Speaker 1: a business are two camps, you know, one day this 478 00:27:12,240 --> 00:27:14,880 Speaker 1: is one of the most important things we have. You're 479 00:27:14,920 --> 00:27:17,000 Speaker 1: out or we could go the way the dinosaurs need 480 00:27:17,440 --> 00:27:21,720 Speaker 1: there's another part of our business people that say, well, uh, 481 00:27:21,760 --> 00:27:24,159 Speaker 1: you know, we didn't be pretty unlucky to do go 482 00:27:24,359 --> 00:27:29,359 Speaker 1: the way to well, Commander chow I'm I'm curious then 483 00:27:29,920 --> 00:27:33,640 Speaker 1: on the big picture. Uh, you know, I've spoken, for example, 484 00:27:33,680 --> 00:27:38,439 Speaker 1: to Amy Minzer about you know what this says about 485 00:27:39,000 --> 00:27:43,479 Speaker 1: cutting funding and delaying a program that is not likely 486 00:27:43,520 --> 00:27:46,399 Speaker 1: in any given year to lead to a disaster. But 487 00:27:46,440 --> 00:27:50,560 Speaker 1: I'm curious if this has a parallel, for example, to 488 00:27:50,680 --> 00:27:55,240 Speaker 1: preparation for a pandemic which was not considered a huge 489 00:27:55,320 --> 00:27:59,320 Speaker 1: likelihood in any given year. Uh, And it sounded like 490 00:27:59,320 --> 00:28:01,119 Speaker 1: you were breaking up. If you're still there with us, 491 00:28:01,560 --> 00:28:04,080 Speaker 1: how how do we um, how do we do the 492 00:28:04,119 --> 00:28:07,600 Speaker 1: math on how important it is to uh Commander chow 493 00:28:07,720 --> 00:28:10,480 Speaker 1: to to spend money on something that would be terrible 494 00:28:10,520 --> 00:28:14,439 Speaker 1: if it happened but probably won't. Yeah, No, that is 495 00:28:14,560 --> 00:28:17,280 Speaker 1: that is the calculus that has to be done. And 496 00:28:17,359 --> 00:28:20,760 Speaker 1: so yeah, your your analogy to the pandemic is, uh, 497 00:28:20,800 --> 00:28:23,920 Speaker 1: you know, apropos given the timing, So sure should we 498 00:28:24,000 --> 00:28:27,640 Speaker 1: be spending more money on trying to plan for things 499 00:28:27,920 --> 00:28:30,760 Speaker 1: to have a relatively low probability of happening in a 500 00:28:30,840 --> 00:28:33,840 Speaker 1: year or two. But still we should prepare for because 501 00:28:33,880 --> 00:28:36,720 Speaker 1: you never know, uh that that's the balance we have 502 00:28:36,800 --> 00:28:39,360 Speaker 1: to strike. And in my mind, sure, I think it's 503 00:28:39,680 --> 00:28:42,760 Speaker 1: I'm all for spending money, especially for space exploration and 504 00:28:42,840 --> 00:28:47,520 Speaker 1: for better understanding threats to the Earth, rather than spending 505 00:28:47,560 --> 00:28:50,200 Speaker 1: on some of these other things that maybe in my 506 00:28:50,320 --> 00:28:54,000 Speaker 1: mind have lower priority. So you know, it's it really 507 00:28:55,080 --> 00:28:58,360 Speaker 1: it depends who we ask where the priorities out to lie. 508 00:28:58,880 --> 00:29:02,400 Speaker 1: So I'm I'm interested, especially because you have a chemical 509 00:29:02,520 --> 00:29:07,239 Speaker 1: engineering background. Why is infrared so important? What makes this 510 00:29:07,320 --> 00:29:10,480 Speaker 1: neo surveyor better than what we've relied on so far, 511 00:29:10,520 --> 00:29:13,920 Speaker 1: And what's the role of infrared and spotting these things? 512 00:29:13,960 --> 00:29:16,920 Speaker 1: So infra red of course is heat, and so you've 513 00:29:16,960 --> 00:29:19,520 Speaker 1: got to it's a little more difficult to do because 514 00:29:19,560 --> 00:29:21,880 Speaker 1: you need to cool your mirror off. You need to 515 00:29:21,880 --> 00:29:24,960 Speaker 1: make sure that other objects that are hots like the 516 00:29:25,000 --> 00:29:29,080 Speaker 1: Sun and even the Earth are not interfering with your observations. 517 00:29:29,080 --> 00:29:32,040 Speaker 1: And so, for example, the James Web telescope, what makes 518 00:29:32,080 --> 00:29:34,280 Speaker 1: it so powerful is that this is the first time 519 00:29:34,320 --> 00:29:36,400 Speaker 1: we've really gonna be We're really gonna be able to 520 00:29:36,440 --> 00:29:39,640 Speaker 1: explore the infrared almost all the way out to the 521 00:29:39,760 --> 00:29:42,960 Speaker 1: edge of the Big bat. You know, somewhere around thirteen 522 00:29:43,720 --> 00:29:48,200 Speaker 1: billion or so light years away, and so you've got 523 00:29:48,200 --> 00:29:51,320 Speaker 1: to cool your mirror down with cryogenics and get it 524 00:29:51,520 --> 00:29:54,440 Speaker 1: very you know, as close to zero degrease kelvin as 525 00:29:54,480 --> 00:29:57,080 Speaker 1: you can. Uh, that's why James Webb is in an 526 00:29:57,160 --> 00:30:00,360 Speaker 1: orbit so far away on the beyond the Moon and 527 00:30:00,400 --> 00:30:03,360 Speaker 1: what we call the second Libage point pointing away from 528 00:30:03,400 --> 00:30:05,560 Speaker 1: the Earth, away from the Sun. And so those heat 529 00:30:05,560 --> 00:30:09,320 Speaker 1: sources doing interfere and the Neo Surveyor is the same. 530 00:30:09,360 --> 00:30:12,560 Speaker 1: It's going to be exploring in the infrared, and that's 531 00:30:12,680 --> 00:30:15,320 Speaker 1: pointing to allow us to see a little bit smarter 532 00:30:15,400 --> 00:30:20,800 Speaker 1: I think and chaporized silently characteristics of these objects, and 533 00:30:20,960 --> 00:30:24,280 Speaker 1: Commander Chow very briefly. I it's not as if NASA 534 00:30:24,320 --> 00:30:27,920 Speaker 1: is not doing anything. There's the DART test Double Asteroid 535 00:30:28,000 --> 00:30:30,920 Speaker 1: Redirection Test September twenty six, I believe, is when that's 536 00:30:30,920 --> 00:30:32,920 Speaker 1: supposed to happen. Is that something you've been following? What 537 00:30:32,960 --> 00:30:35,479 Speaker 1: are you looking for in the DART test coming up? 538 00:30:36,320 --> 00:30:39,360 Speaker 1: That's also very interesting because the Neo Surveyor is to 539 00:30:39,520 --> 00:30:43,120 Speaker 1: look for objects and dark test is say, the next 540 00:30:43,160 --> 00:30:45,520 Speaker 1: step would be, okay, if we know where these objects 541 00:30:45,520 --> 00:30:47,320 Speaker 1: are and we find one that's a threat, what can 542 00:30:47,320 --> 00:30:50,360 Speaker 1: we do about it? Can we actually send another vehicle 543 00:30:50,400 --> 00:30:53,840 Speaker 1: out there to basically try to shoot at it and 544 00:30:54,000 --> 00:30:57,320 Speaker 1: alter its course or you know, breaking it apart. So 545 00:30:57,400 --> 00:30:59,800 Speaker 1: that's what the Dark Test is. Kind of a compliment 546 00:31:00,000 --> 00:31:05,200 Speaker 1: to the Neo surveyor congress Commander Chow, thank you so 547 00:31:05,320 --> 00:31:08,640 Speaker 1: much for joining us. That was Leroy Chow, the retired 548 00:31:08,760 --> 00:31:13,479 Speaker 1: NASA astronaut who led the International Space Station during his career. 549 00:31:13,840 --> 00:31:16,960 Speaker 1: Coming up, we're gonna talk to Congressman Chip Roy, another 550 00:31:17,000 --> 00:31:19,720 Speaker 1: person from Texas is a Texas Day on this show 551 00:31:19,840 --> 00:31:24,240 Speaker 1: about the Freedom Caucuses strategy when lawmakers come back into 552 00:31:24,280 --> 00:31:36,200 Speaker 1: town in September. I'm Jack Fitzpatrick. This is Bloomberg. This 553 00:31:36,760 --> 00:31:41,600 Speaker 1: is Bloomberg, So on with Joe Matthew on Bloomberg Radio. 554 00:31:43,720 --> 00:31:46,520 Speaker 1: When Congress comes back to town in September, they're going 555 00:31:46,560 --> 00:31:49,800 Speaker 1: to have to discuss a measure to avoid a shutdown 556 00:31:49,920 --> 00:31:54,720 Speaker 1: in October. The Freedom Caucus, the group of conservative House Republicans, 557 00:31:54,760 --> 00:31:56,959 Speaker 1: has said, let's not get ahead of ourselves. We've got 558 00:31:57,040 --> 00:32:00,880 Speaker 1: an election coming up in November. Republicans feel good about 559 00:32:00,920 --> 00:32:04,000 Speaker 1: their chances of winning the House majority, if not the 560 00:32:04,040 --> 00:32:07,160 Speaker 1: Senate majority. As well. They've called for a stop gap 561 00:32:07,240 --> 00:32:10,800 Speaker 1: measure rather than a real full funding deal to take 562 00:32:10,880 --> 00:32:14,440 Speaker 1: us all the way into January, when presumably Republicans would 563 00:32:14,480 --> 00:32:20,000 Speaker 1: have more leverage in those negotiations. We're gonna talk shortly 564 00:32:20,040 --> 00:32:24,120 Speaker 1: to Congressman Chip Roy, the Republican from Texas, member of 565 00:32:24,160 --> 00:32:28,320 Speaker 1: the Freedom Caucus and someone who often complains that his 566 00:32:28,440 --> 00:32:32,240 Speaker 1: party doesn't use all its points of leverage, doesn't necessarily 567 00:32:32,400 --> 00:32:35,240 Speaker 1: play hardball. Gonna be interesting to hear what he has 568 00:32:35,320 --> 00:32:39,520 Speaker 1: to say about the strategies that the Republicans should take. 569 00:32:39,680 --> 00:32:41,600 Speaker 1: While we wait for him, let's go back to the 570 00:32:41,640 --> 00:32:45,640 Speaker 1: panel Blimberg Politics contributors Rick Davis and Genie she and 571 00:32:45,760 --> 00:32:47,760 Speaker 1: Zano and just get a little bit of a wrap up. 572 00:32:48,160 --> 00:32:52,480 Speaker 1: I do not get to interview astronauts very often, guys. 573 00:32:52,520 --> 00:32:56,480 Speaker 1: I wanna get your takeaways, uh, including on this budget 574 00:32:56,480 --> 00:32:59,360 Speaker 1: issue that kind of has been overlooked, the Neo Surveyor 575 00:32:59,400 --> 00:33:04,440 Speaker 1: program to find the large asteroids that could hit Rick, 576 00:33:04,520 --> 00:33:07,600 Speaker 1: give me your your quick analysis of what the astronaut 577 00:33:08,280 --> 00:33:11,080 Speaker 1: has to say. And do we have a problem with 578 00:33:11,120 --> 00:33:17,320 Speaker 1: our government preparing for maybe unlikely but possible disasters? Well, 579 00:33:17,360 --> 00:33:19,280 Speaker 1: I think it's always one of these things. Where you're 580 00:33:19,280 --> 00:33:23,080 Speaker 1: in competition with limited resources, right, and so, uh, we've 581 00:33:23,120 --> 00:33:26,000 Speaker 1: seen a lot of great successes from NASA recently, you know, 582 00:33:26,040 --> 00:33:28,520 Speaker 1: the web telescope and other things that they've done, which 583 00:33:28,520 --> 00:33:32,000 Speaker 1: are big budget items and and so they've directed their 584 00:33:32,040 --> 00:33:36,400 Speaker 1: efforts to fund these items, including the Mars mission, uh, 585 00:33:36,480 --> 00:33:39,680 Speaker 1: you know, for out your funding. So uh, now when 586 00:33:39,720 --> 00:33:43,360 Speaker 1: we're getting into these sort of near term um uh 587 00:33:43,560 --> 00:33:47,520 Speaker 1: kind of issues that are uh precedent to us, right, Well, 588 00:33:47,600 --> 00:33:50,360 Speaker 1: I mean, sure we care about asteroids hitting you know, 589 00:33:50,480 --> 00:33:53,560 Speaker 1: the Earth. Um Uh, they have to go back and 590 00:33:54,000 --> 00:33:58,600 Speaker 1: basically compete from that same pot. And obviously, uh, some 591 00:33:58,720 --> 00:34:01,520 Speaker 1: of what has been happening in the private sector with 592 00:34:01,640 --> 00:34:05,200 Speaker 1: commercial launch capability has taken some of the pressure off 593 00:34:05,240 --> 00:34:08,200 Speaker 1: of VANASA to to to be able to loosen up 594 00:34:08,239 --> 00:34:10,919 Speaker 1: some of those purse strings. So I think that it'll 595 00:34:10,960 --> 00:34:13,520 Speaker 1: be interesting to see what is put under the chopping block, 596 00:34:13,560 --> 00:34:15,880 Speaker 1: because I can't imagine a situation where NASA is going 597 00:34:15,960 --> 00:34:19,880 Speaker 1: to be up funded, uh to add new programs, but 598 00:34:20,000 --> 00:34:22,799 Speaker 1: I can see how this would be something that would 599 00:34:22,800 --> 00:34:25,319 Speaker 1: be competitive within their own budget. Genie, what do you 600 00:34:25,360 --> 00:34:28,560 Speaker 1: think why why would the Biden administration not ask just 601 00:34:28,760 --> 00:34:33,200 Speaker 1: for more money overall for NASA. Either it's a democratic administration, 602 00:34:33,400 --> 00:34:37,600 Speaker 1: they're not uh, you know, calling to slash NASA. Should 603 00:34:37,680 --> 00:34:41,080 Speaker 1: Should I be surprised by this proposal? Um? You know, 604 00:34:41,239 --> 00:34:43,719 Speaker 1: I I think once they hear your interview, they're going 605 00:34:43,760 --> 00:34:46,640 Speaker 1: to be upping that funding Jack so Um. You know. 606 00:34:47,239 --> 00:34:49,759 Speaker 1: I think they are making difficult decisions, and this is 607 00:34:49,800 --> 00:34:51,480 Speaker 1: one of them. But I will tell you, you know, 608 00:34:51,520 --> 00:34:53,319 Speaker 1: I have a very dear friend who talks all the 609 00:34:53,360 --> 00:34:56,359 Speaker 1: time about a popis coming, you know, passing so close 610 00:34:56,400 --> 00:34:59,400 Speaker 1: to Earth, and there's a lot of people very concerned 611 00:34:59,400 --> 00:35:02,680 Speaker 1: about this. Astronauts or astronomers rather say that that's not 612 00:35:02,840 --> 00:35:06,560 Speaker 1: likely the case now, but in the future we may 613 00:35:06,600 --> 00:35:08,879 Speaker 1: face that, and so the government is going to have 614 00:35:09,000 --> 00:35:11,359 Speaker 1: to get us prepared for this. And it's not just 615 00:35:11,480 --> 00:35:14,480 Speaker 1: the United States, of course, this is involves many many 616 00:35:14,560 --> 00:35:17,400 Speaker 1: nations across the world, the entire Earth, and so we 617 00:35:17,440 --> 00:35:19,480 Speaker 1: do have to be make sure that we are prepared 618 00:35:19,480 --> 00:35:21,560 Speaker 1: for it. And I think the Biden administration is going 619 00:35:21,600 --> 00:35:24,000 Speaker 1: to have to make these hard decisions. Well that that 620 00:35:24,160 --> 00:35:27,200 Speaker 1: is one interesting budget issue on my radar. Let's have 621 00:35:27,239 --> 00:35:30,319 Speaker 1: the big picture talk. We're gonna bring on Congressman Chip 622 00:35:30,400 --> 00:35:33,840 Speaker 1: Roy the Republican from Texas, a member of the Freedom Caucus. 623 00:35:33,840 --> 00:35:37,080 Speaker 1: As I mentioned a minute ago, it is the Freedom 624 00:35:37,120 --> 00:35:41,120 Speaker 1: Caucuses stance that there should not be an omnibus big 625 00:35:41,320 --> 00:35:45,279 Speaker 1: funding deal uh this fall or even in the lame 626 00:35:45,360 --> 00:35:49,080 Speaker 1: duck session in the winter. Uh. They have said, let's 627 00:35:49,120 --> 00:35:53,320 Speaker 1: wait that out until January, when presumably Freedom Caucus members 628 00:35:53,360 --> 00:35:56,440 Speaker 1: feel good about the chances of controlling the House. Congressman, 629 00:35:56,560 --> 00:35:59,520 Speaker 1: very happy to have you on with us. Have you 630 00:35:59,600 --> 00:36:04,080 Speaker 1: gotten a response from other Republicans, maybe Senator McConnell or 631 00:36:04,160 --> 00:36:08,520 Speaker 1: other key Republicans on on the Freedom Caucus proposal on 632 00:36:08,560 --> 00:36:12,359 Speaker 1: the spending strategy. Well, we certainly had a response from 633 00:36:12,360 --> 00:36:14,560 Speaker 1: a number of our colleagues who certainly agree that we 634 00:36:14,600 --> 00:36:19,480 Speaker 1: need to uh prevent that is, reject the any Democrat 635 00:36:19,800 --> 00:36:23,240 Speaker 1: um efforts to jam through a massive omnibus bill or 636 00:36:23,400 --> 00:36:26,719 Speaker 1: or put even a continued resolution into a lame duck 637 00:36:26,760 --> 00:36:29,400 Speaker 1: And for the average listener out there that those are 638 00:36:29,480 --> 00:36:33,160 Speaker 1: inside the Beltway terms. But really what we're saying is 639 00:36:33,360 --> 00:36:35,000 Speaker 1: we don't want to want I don't want to have 640 00:36:35,080 --> 00:36:38,359 Speaker 1: this Democrat led Congress which has been jamming through all 641 00:36:38,400 --> 00:36:41,359 Speaker 1: sorts of terrible policies, including the so called inflation bill 642 00:36:41,480 --> 00:36:45,399 Speaker 1: last week that is UH detrimental to the well being 643 00:36:45,400 --> 00:36:48,440 Speaker 1: in this country. We don't want to have them past 644 00:36:48,520 --> 00:36:50,520 Speaker 1: the next big spending bill here in September is our 645 00:36:50,520 --> 00:36:53,440 Speaker 1: government funding expires. Nor do we want to put this 646 00:36:53,480 --> 00:36:56,080 Speaker 1: into a lame dock with a short term cr where 647 00:36:56,239 --> 00:36:59,120 Speaker 1: a lame duck would make the decision. Let's keep this simple. 648 00:36:59,360 --> 00:37:01,279 Speaker 1: Let's have a spend ending freeze into the early part 649 00:37:01,320 --> 00:37:04,279 Speaker 1: of next year. We should be freezing spending anyway because 650 00:37:04,280 --> 00:37:06,799 Speaker 1: the rampant inflation, which then, of course leads to the 651 00:37:06,840 --> 00:37:08,880 Speaker 1: second point of what we're saying, which is that we 652 00:37:08,920 --> 00:37:12,560 Speaker 1: ought to be reducing spending generally. So if Republicans are 653 00:37:12,600 --> 00:37:14,760 Speaker 1: given the power in the House, we should be focused 654 00:37:14,800 --> 00:37:19,080 Speaker 1: on reducing spending the pre uh COVID bloated spending levels 655 00:37:19,600 --> 00:37:23,040 Speaker 1: next year. So what are the chances? And of course, 656 00:37:23,200 --> 00:37:26,719 Speaker 1: I think a lot of observers still think the Republicans 657 00:37:26,800 --> 00:37:30,239 Speaker 1: probably have the edge in the overall House race in 658 00:37:30,280 --> 00:37:33,359 Speaker 1: the midterms. But let's say, okay, Republicans take the House, 659 00:37:33,440 --> 00:37:36,520 Speaker 1: maybe even the Senate. UM, these kinds of funding deals 660 00:37:36,560 --> 00:37:40,759 Speaker 1: need sixty votes in the Senate, they need the president's signature. UM. 661 00:37:40,880 --> 00:37:43,239 Speaker 1: What more can you really get if they need to 662 00:37:43,280 --> 00:37:46,000 Speaker 1: be bipartisan anyway, or would you just want to a 663 00:37:46,080 --> 00:37:49,319 Speaker 1: CR a continuing resolution for the rest of the year 664 00:37:49,360 --> 00:37:54,120 Speaker 1: to uh limit whatever damage you may think Democrats would accomplish. Well, 665 00:37:54,680 --> 00:37:56,799 Speaker 1: I always do this through a pretty simple lens. We 666 00:37:56,840 --> 00:37:59,560 Speaker 1: have a job, our job, and members of the House 667 00:37:59,600 --> 00:38:01,880 Speaker 1: represents unitives. We have. The power of the purse is 668 00:38:01,920 --> 00:38:04,080 Speaker 1: the predominant thing the founders gave us. As the body 669 00:38:04,120 --> 00:38:06,719 Speaker 1: closest to the people. We are supposed to spend it, 670 00:38:07,280 --> 00:38:10,520 Speaker 1: uh appropriately, That's what we're supposed to do. We have 671 00:38:10,640 --> 00:38:13,319 Speaker 1: not been doing that either side of the aisle, by 672 00:38:13,360 --> 00:38:16,960 Speaker 1: the way. But my Democratic colleagues are jamming through to 673 00:38:16,960 --> 00:38:20,640 Speaker 1: the American people massive spending bills, driving up inflation. They're 674 00:38:20,680 --> 00:38:24,360 Speaker 1: constricting energy, driving up inflation, raising the price of gas, 675 00:38:24,560 --> 00:38:28,160 Speaker 1: raising the price of electricity. They are leaving our border 676 00:38:28,200 --> 00:38:32,840 Speaker 1: wide open where Texas exploited, their mandating vaccines vaccines and 677 00:38:33,360 --> 00:38:35,480 Speaker 1: forcing members of our military to get fired or lose 678 00:38:35,520 --> 00:38:38,480 Speaker 1: their job. And they're doing all of this while blowing 679 00:38:38,480 --> 00:38:41,400 Speaker 1: the lid off of our debt and spending and funding 680 00:38:41,480 --> 00:38:44,880 Speaker 1: bureaucrats who are targeting Americans, including now eighty five thousand 681 00:38:44,960 --> 00:38:47,080 Speaker 1: I R S agents. So yeah, do I think we 682 00:38:47,120 --> 00:38:49,120 Speaker 1: ought to pick a fight on those things? You damn right, 683 00:38:49,160 --> 00:38:50,839 Speaker 1: I do. And I think we ought to stand up 684 00:38:50,840 --> 00:38:52,840 Speaker 1: in front of the American people and say this is 685 00:38:52,880 --> 00:38:56,760 Speaker 1: what we stand for. We stand for actually restoring fiscal 686 00:38:56,800 --> 00:39:00,239 Speaker 1: sanity and restore restoring the sanity to our pole seas, 687 00:39:00,280 --> 00:39:04,080 Speaker 1: on the border, on the vaccines, on our energy policy, 688 00:39:04,320 --> 00:39:07,560 Speaker 1: and stop funding these bureaucrats that are targeting American people. 689 00:39:07,920 --> 00:39:10,000 Speaker 1: So I don't know. We can all play games about 690 00:39:10,000 --> 00:39:11,920 Speaker 1: bipartisan bills and what we need to try to do, 691 00:39:12,280 --> 00:39:13,919 Speaker 1: but our job is to go up there and stand 692 00:39:13,960 --> 00:39:16,200 Speaker 1: up and fight. Our job is to go stand up 693 00:39:16,200 --> 00:39:19,120 Speaker 1: and to tell the American people we're gonna fight for them. 694 00:39:19,200 --> 00:39:20,920 Speaker 1: And I don't want to. I don't want to basically 695 00:39:20,960 --> 00:39:24,080 Speaker 1: conceive before we even start negotiate against ourselves, which is 696 00:39:24,080 --> 00:39:26,600 Speaker 1: what Republican leadership too often does. Well, let me ask 697 00:39:26,640 --> 00:39:28,640 Speaker 1: you you. You mentioned a few issues. I want to 698 00:39:28,640 --> 00:39:30,640 Speaker 1: ask you about the I R S. In particular, our 699 00:39:30,719 --> 00:39:33,920 Speaker 1: Republican is gonna use the stop gap funding measure to 700 00:39:33,920 --> 00:39:37,080 Speaker 1: try to maybe attach anything on I R S policies, 701 00:39:37,120 --> 00:39:40,520 Speaker 1: and wondering if you could try to demand something, if 702 00:39:40,520 --> 00:39:43,840 Speaker 1: not to repeal part of the Reconciliation Bill. I know 703 00:39:43,880 --> 00:39:47,879 Speaker 1: Republicans have talked about shifting from enforcement to customer service. 704 00:39:47,920 --> 00:39:50,000 Speaker 1: Are you gonna use the CRS leverage for anything on 705 00:39:50,040 --> 00:39:52,680 Speaker 1: the I R S? Yeah, I mean, I certainly think 706 00:39:52,719 --> 00:39:55,680 Speaker 1: that's something that's possible. UM. I mean, now to your 707 00:39:55,719 --> 00:39:58,000 Speaker 1: point in terms of functionality, are we going to get 708 00:39:58,080 --> 00:40:01,200 Speaker 1: something like that accomplished in September, given that they just 709 00:40:01,320 --> 00:40:03,839 Speaker 1: passed this bill and signed it. I wouldn't think so, 710 00:40:03,960 --> 00:40:06,719 Speaker 1: which is why my my basic landing spot is we 711 00:40:06,760 --> 00:40:08,920 Speaker 1: should free spending in the form of a short term 712 00:40:09,000 --> 00:40:11,200 Speaker 1: CR into the early part of next year. Let the 713 00:40:11,280 --> 00:40:15,799 Speaker 1: voters speak. When the voters speak, assuming that that Republicans 714 00:40:15,800 --> 00:40:17,719 Speaker 1: have control of the House, we'll see we gotta go 715 00:40:17,760 --> 00:40:20,920 Speaker 1: earn it. Then we come in and then we'll we'll 716 00:40:21,000 --> 00:40:24,880 Speaker 1: lay out the priorities. As the people's representatives running the House, 717 00:40:25,040 --> 00:40:26,880 Speaker 1: we'll lay out the priorities sent them to the Senate 718 00:40:26,880 --> 00:40:28,680 Speaker 1: and to the President. Uh, if they can get through 719 00:40:28,680 --> 00:40:31,319 Speaker 1: the Senate, we can have that debate. But one thing 720 00:40:31,320 --> 00:40:34,560 Speaker 1: I'd say about the I R S agents is it's 721 00:40:34,600 --> 00:40:36,600 Speaker 1: nothing about moving this stuff around. I want everybody to 722 00:40:36,719 --> 00:40:40,120 Speaker 1: understand this thirteen billion dollars is your current annual I 723 00:40:40,239 --> 00:40:43,360 Speaker 1: R S budget. They just up that eight billion a 724 00:40:43,440 --> 00:40:46,080 Speaker 1: year in mandatory spending to hire more agents. So I 725 00:40:46,080 --> 00:40:48,279 Speaker 1: think we ought to go hack the discretionary side of 726 00:40:48,280 --> 00:40:50,000 Speaker 1: the budget and say you're gonna use that eight billion 727 00:40:50,200 --> 00:40:51,719 Speaker 1: to go do your job in the I R S 728 00:40:51,760 --> 00:40:54,160 Speaker 1: and not go hire more agents to harass American people 729 00:40:54,200 --> 00:40:57,440 Speaker 1: for revenue. Okay, so that's one goal you have for 730 00:40:57,640 --> 00:41:00,800 Speaker 1: next year. Also next year, I'm curious about the deadlines. 731 00:41:01,160 --> 00:41:03,759 Speaker 1: It looks like there will be a debt limit deadline 732 00:41:04,280 --> 00:41:06,799 Speaker 1: next year Bipartisan Policy Centers is maybe the third quarter 733 00:41:06,800 --> 00:41:10,239 Speaker 1: of next year. What should Republicans do around that? Are 734 00:41:10,280 --> 00:41:12,719 Speaker 1: their demands they should make in exchange for raising or 735 00:41:12,760 --> 00:41:16,480 Speaker 1: suspending the debt limit? Yeah? Absolutely, I mean, look, the 736 00:41:16,560 --> 00:41:18,560 Speaker 1: debt limit is the you know people are talking about 737 00:41:18,560 --> 00:41:20,439 Speaker 1: we need a balanced budget amendment. Well, if you can't 738 00:41:20,560 --> 00:41:22,880 Speaker 1: use the fact that we have a depth sealing enquirement 739 00:41:22,880 --> 00:41:25,319 Speaker 1: to actually force fiscal sanity, and then I'm not sure 740 00:41:25,320 --> 00:41:26,960 Speaker 1: what you want out of a balanced budget in THEMIT, 741 00:41:27,360 --> 00:41:30,160 Speaker 1: that's our job, right, and so I think we should 742 00:41:30,440 --> 00:41:34,520 Speaker 1: tie fiscal uh sanity of provisions to that and say 743 00:41:34,560 --> 00:41:36,840 Speaker 1: that you're not gonna get a death ceiling increase unless 744 00:41:36,920 --> 00:41:39,360 Speaker 1: we can agree to you know, for example, I'm just 745 00:41:39,360 --> 00:41:41,239 Speaker 1: making this up a little bit on the fly. Has 746 00:41:41,239 --> 00:41:44,200 Speaker 1: a budget, has a budget that balances within ten years 747 00:41:44,440 --> 00:41:48,600 Speaker 1: and appropriate to that balanced budget. Uh, and and put 748 00:41:48,640 --> 00:41:51,920 Speaker 1: in place some sort of provisions that were requires to 749 00:41:51,920 --> 00:41:54,399 Speaker 1: get in tie those lanes and do our job. All right, now, 750 00:41:54,480 --> 00:41:56,360 Speaker 1: you can actually say that maybe we should increase the 751 00:41:56,360 --> 00:41:57,880 Speaker 1: death ceiling. But if we're not going to actually do 752 00:41:57,880 --> 00:41:59,880 Speaker 1: our job, then why would we say we should in 753 00:42:00,520 --> 00:42:03,400 Speaker 1: the debt? Right Congressman Ship Roy, really happy to have 754 00:42:03,480 --> 00:42:06,439 Speaker 1: you on. Thank you so much. Uh. Important to look 755 00:42:06,520 --> 00:42:10,719 Speaker 1: ahead to September when lawmakers come back into town and 756 00:42:10,719 --> 00:42:14,080 Speaker 1: there are a couple key points there. One a debt 757 00:42:14,120 --> 00:42:17,680 Speaker 1: limit deadline. Uh maybe requirements of passing a budget. But 758 00:42:17,840 --> 00:42:19,759 Speaker 1: either way, you hear it from one of the more 759 00:42:19,760 --> 00:42:22,560 Speaker 1: conservative Republicans in the House that he thinks the party 760 00:42:22,600 --> 00:42:25,640 Speaker 1: needs to play a bit more hardball when we get 761 00:42:25,640 --> 00:42:28,880 Speaker 1: closer to those deadlines. Thanks again to our guest, Congressman 762 00:42:28,920 --> 00:42:32,440 Speaker 1: Hip Roy Leroy Chow, the former commander of the International 763 00:42:32,480 --> 00:42:35,719 Speaker 1: Space Station, Eric Larson from Bloomberg News, as well as 764 00:42:35,800 --> 00:42:38,800 Speaker 1: Rick Davis and Jennie she and Zano. Great guests today 765 00:42:38,800 --> 00:42:42,520 Speaker 1: on a busy, busy news day. I'm Jack Fitzpatrick. This 766 00:42:42,560 --> 00:42:43,200 Speaker 1: is Bloomberg