1 00:00:00,360 --> 00:00:05,040 Speaker 1: Live from our nation's camera. How do we reopen this economy? 2 00:00:05,160 --> 00:00:08,280 Speaker 1: The latest on how this pandemic is impacting farmers. What 3 00:00:08,400 --> 00:00:11,400 Speaker 1: does this do? From the United States relationship with China? 4 00:00:11,560 --> 00:00:16,480 Speaker 1: Floomberg Sound on, the Insiders, the influencers, the insides. We're 5 00:00:16,520 --> 00:00:19,680 Speaker 1: responding to this crisis and manufacturers are stepping up like 6 00:00:19,840 --> 00:00:23,360 Speaker 1: never before. We're looking at seveny Kennedys for different vectines. 7 00:00:23,440 --> 00:00:26,080 Speaker 1: How do we make sure a pandemic of this scale 8 00:00:26,160 --> 00:00:30,240 Speaker 1: never happens again? This is Bloomberg Sound On with Kevin 9 00:00:30,320 --> 00:00:34,600 Speaker 1: Surrelate on Bloomberg and one oh five point seven f 10 00:00:34,720 --> 00:00:38,000 Speaker 1: M h D two. Treasury Secretary Stephen the Nutian says 11 00:00:38,080 --> 00:00:43,440 Speaker 1: he may consider a second tax do date extension. That's right, folks, 12 00:00:43,479 --> 00:00:45,720 Speaker 1: just around the corner from another tax day and Twitter 13 00:00:46,000 --> 00:00:49,880 Speaker 1: hides the Trump tweet for threatening potential protesters. Were also 14 00:00:49,880 --> 00:00:53,520 Speaker 1: going to check in with former Florida Congressman Patrick Murphy. 15 00:00:53,640 --> 00:00:57,200 Speaker 1: What's going on down there in Florida? And ladies and gentlemen. 16 00:00:57,880 --> 00:01:02,120 Speaker 1: One of my true friends in this town, Gretiman Sustrin. 17 00:01:02,200 --> 00:01:04,200 Speaker 1: I have so much to talk with her about, well, 18 00:01:04,560 --> 00:01:06,960 Speaker 1: so much that I can sort of talk about on air, 19 00:01:07,120 --> 00:01:09,120 Speaker 1: you know, off Air Honor, you gotta be careful. On 20 00:01:09,160 --> 00:01:13,560 Speaker 1: Bloomberg Radio Sound On and Greg Dreau Bloomberg Government, Congress 21 00:01:13,560 --> 00:01:16,759 Speaker 1: and Elections reporter. Greg is like the go to guy 22 00:01:16,880 --> 00:01:19,959 Speaker 1: these days for everything. Have you heard about these fireworks? 23 00:01:19,959 --> 00:01:22,960 Speaker 1: I was up all night the virus surging across the US, 24 00:01:23,080 --> 00:01:25,800 Speaker 1: throwing reopenings into disarray. We're gonna dive all into it. 25 00:01:25,880 --> 00:01:27,959 Speaker 1: Let's get ready, folks, We've got a lot to get there. 26 00:01:28,000 --> 00:01:30,839 Speaker 1: We were talking in our show prep meeting on the FaceTime. 27 00:01:31,360 --> 00:01:34,600 Speaker 1: We used the FaceTime with our producers, and we were 28 00:01:34,600 --> 00:01:37,479 Speaker 1: all saying there was a lot of little stories going on, 29 00:01:37,800 --> 00:01:40,559 Speaker 1: but no massive, massive, big time story. But we're gonna 30 00:01:40,560 --> 00:01:43,640 Speaker 1: begin tonight with Justin Sink and we're gonna go through 31 00:01:43,760 --> 00:01:46,560 Speaker 1: his reporter notebook because the President was down at the 32 00:01:46,560 --> 00:01:50,360 Speaker 1: border wall today. Justin is Bloomberg White House Reporter. Justin 33 00:01:50,440 --> 00:01:53,160 Speaker 1: what was the President up to today? Well, he was 34 00:01:53,240 --> 00:01:58,680 Speaker 1: in Arizona to mark the wall of border wall that's 35 00:01:58,720 --> 00:02:02,400 Speaker 1: been constructed down in Arizona. He's also talking later to 36 00:02:02,520 --> 00:02:06,400 Speaker 1: night at a event and held by a young conservative group. 37 00:02:06,440 --> 00:02:08,160 Speaker 1: But you know, I think this was a chance for 38 00:02:08,160 --> 00:02:11,760 Speaker 1: the President to both sort of try to refocus tension 39 00:02:11,800 --> 00:02:14,960 Speaker 1: on his immigration agenda, which is something that he obviously 40 00:02:15,160 --> 00:02:17,000 Speaker 1: thinks is going to be a central part of his 41 00:02:17,040 --> 00:02:20,480 Speaker 1: reelection campaign, and also visit Arizona, which is a crucial 42 00:02:21,480 --> 00:02:24,600 Speaker 1: state and one that polls shows he's trailing Joe Biden 43 00:02:24,720 --> 00:02:30,720 Speaker 1: that uh incomment Senator um McSally is trailing the Democratic 44 00:02:30,760 --> 00:02:33,320 Speaker 1: challenger there. And so this is becoming a sort of 45 00:02:34,160 --> 00:02:37,640 Speaker 1: uh area of concern, I would say, for the White House. 46 00:02:37,960 --> 00:02:42,520 Speaker 1: So meanwhile, Treasury Secretary Stephen Nusian grabs some headlines. He 47 00:02:42,680 --> 00:02:47,520 Speaker 1: said Tuesday at the Bloomberg Invests Global Virtual event that 48 00:02:47,720 --> 00:02:51,560 Speaker 1: he is thinking about potentially considering a second tax do 49 00:02:51,760 --> 00:02:56,040 Speaker 1: date extension. This comes as the President has signaled that 50 00:02:56,120 --> 00:02:59,799 Speaker 1: he would get on board for their potentially being addition, 51 00:03:00,000 --> 00:03:03,880 Speaker 1: all economic stimulus checks come the fall. So it looks 52 00:03:03,919 --> 00:03:07,800 Speaker 1: like in terms of Republicans and in Congress and what 53 00:03:07,880 --> 00:03:11,160 Speaker 1: the administration is saying, the administration is pushing for there 54 00:03:11,200 --> 00:03:14,600 Speaker 1: to be some more economic release. Yeah. I mean, I 55 00:03:14,639 --> 00:03:17,760 Speaker 1: think the hardest thing for Republicans in the Senate right 56 00:03:17,760 --> 00:03:21,760 Speaker 1: now is discerning exactly what the President wants. So we've 57 00:03:21,800 --> 00:03:26,040 Speaker 1: heard him talk about um infrastructure and proposed you know, 58 00:03:26,120 --> 00:03:29,200 Speaker 1: as high as a two trillion dollar infrastructure package. We've 59 00:03:29,200 --> 00:03:32,120 Speaker 1: heard him talk about another round of economic relief checks, 60 00:03:32,120 --> 00:03:36,160 Speaker 1: we've heard payroll tax cut, we've heard um back to 61 00:03:36,200 --> 00:03:40,240 Speaker 1: work tax credit or uh, you know, some Republicans are 62 00:03:40,240 --> 00:03:43,440 Speaker 1: footing this idea for a vacation tax credit, and so 63 00:03:43,480 --> 00:03:46,480 Speaker 1: I think, you know, there is an agreement that there 64 00:03:46,520 --> 00:03:50,240 Speaker 1: needs to be some sort of additional stimulus, but uh, 65 00:03:50,440 --> 00:03:54,600 Speaker 1: it's still really uncertain both what what common ground there 66 00:03:54,640 --> 00:03:57,640 Speaker 1: is between Democrats and Republicans and what you know the 67 00:03:58,080 --> 00:04:01,440 Speaker 1: President is ultimately going to fight for unwant in this package. 68 00:04:01,760 --> 00:04:04,920 Speaker 1: The Traitary Secretary today said that that those negotiations are 69 00:04:05,040 --> 00:04:08,120 Speaker 1: likely to start um in earnest, you know, after the 70 00:04:08,200 --> 00:04:11,400 Speaker 1: July four holiday, and that a package could be done 71 00:04:11,440 --> 00:04:13,960 Speaker 1: by the end of the month. It really is remarkable, 72 00:04:14,240 --> 00:04:17,440 Speaker 1: especially now as economist Tom Rlick, who I think we're 73 00:04:17,480 --> 00:04:19,720 Speaker 1: gonna have on later in the week. He's a Bloomberg economist. 74 00:04:19,960 --> 00:04:22,480 Speaker 1: He put out this this great report on the Bloomberg 75 00:04:22,560 --> 00:04:26,440 Speaker 1: terminal earlier, uh this morning, and it shows how economists 76 00:04:26,480 --> 00:04:30,039 Speaker 1: are now predicting for there to be a stepped a 77 00:04:30,200 --> 00:04:33,480 Speaker 1: stepped up recovery, not a Nike swoosh, not a v 78 00:04:34,080 --> 00:04:36,760 Speaker 1: not a you, but a stepped up recovery. And what 79 00:04:36,800 --> 00:04:39,360 Speaker 1: that means, folks, is that the V it will be 80 00:04:39,400 --> 00:04:42,159 Speaker 1: a V by the third quarter, and then it will, 81 00:04:42,160 --> 00:04:44,680 Speaker 1: like plateau, just a little bit still gradually go up 82 00:04:44,680 --> 00:04:48,359 Speaker 1: in a step in the fourth quarter. Now when is 83 00:04:48,400 --> 00:04:51,800 Speaker 1: the fourth quarter, Well right around November three, a k a. 84 00:04:52,640 --> 00:04:56,600 Speaker 1: Election day. So the pace of the economic recovery now 85 00:04:56,640 --> 00:05:00,200 Speaker 1: that economists all around the world are predicting, really is 86 00:05:00,240 --> 00:05:04,240 Speaker 1: the backdrop to a lot of the congressional news coming 87 00:05:04,240 --> 00:05:08,080 Speaker 1: out of Washington. Whether that's the infrastructure plan that Justin 88 00:05:08,120 --> 00:05:10,960 Speaker 1: sand Bloomberg White House reporter and his team has been 89 00:05:11,000 --> 00:05:13,320 Speaker 1: all over and out front of in the fall, more 90 00:05:13,480 --> 00:05:17,800 Speaker 1: economic money injected into the economy, or a delay of 91 00:05:17,880 --> 00:05:22,240 Speaker 1: taxes is the Treasury secretary floated today or another round 92 00:05:22,240 --> 00:05:26,480 Speaker 1: of helicopter cash. It's all about the timing of this, 93 00:05:26,600 --> 00:05:29,040 Speaker 1: because when I talk to my sources on the President's 94 00:05:29,080 --> 00:05:31,760 Speaker 1: reelection campaign and Justin I'm curious if you hear this too, 95 00:05:32,240 --> 00:05:36,760 Speaker 1: they still double down that in every cross tab Trump 96 00:05:37,000 --> 00:05:41,840 Speaker 1: still beats Biden on who folks trust more with the economy. Yeah, 97 00:05:41,839 --> 00:05:44,480 Speaker 1: they see that as a real strength for the president 98 00:05:44,640 --> 00:05:47,440 Speaker 1: and part of his re election message. But The problem, 99 00:05:47,520 --> 00:05:49,479 Speaker 1: of course, is going to be that if you know, 100 00:05:49,520 --> 00:05:52,640 Speaker 1: these high unemployment numbers continue, if we see a second 101 00:05:52,640 --> 00:05:56,560 Speaker 1: wave of coronavirus, that that kind of pushes the economy 102 00:05:56,600 --> 00:06:00,080 Speaker 1: back into recession once again. If people are getting to 103 00:06:00,120 --> 00:06:03,200 Speaker 1: the point where they can't pay their bills because they 104 00:06:03,279 --> 00:06:05,960 Speaker 1: haven't been at work for a long time, it's gonna 105 00:06:06,160 --> 00:06:09,440 Speaker 1: turn into a real liability for for the president. UM. 106 00:06:09,520 --> 00:06:11,720 Speaker 1: Steve Munition earlier today said he thinks that we'll be 107 00:06:11,760 --> 00:06:13,160 Speaker 1: out of a recession by the end of the year. 108 00:06:13,240 --> 00:06:16,039 Speaker 1: He doesn't see a second wave that closes down the economy, 109 00:06:16,040 --> 00:06:19,600 Speaker 1: and and you know, there's there's reason to believe that 110 00:06:19,600 --> 00:06:22,840 Speaker 1: that could be true, but it's definitely a high risk 111 00:06:23,600 --> 00:06:27,440 Speaker 1: um situation for the president who really needs those economic 112 00:06:27,520 --> 00:06:29,680 Speaker 1: numbers to improve, if if voters are going to re 113 00:06:29,680 --> 00:06:31,760 Speaker 1: elect him in November. And you know, we had talked 114 00:06:31,800 --> 00:06:34,640 Speaker 1: about this yesterday and all throughout the week about Dr 115 00:06:34,720 --> 00:06:38,800 Speaker 1: Anthony Fauci, who of course is the top infectious disease 116 00:06:38,839 --> 00:06:41,560 Speaker 1: expert in the United States. He was on Capitol Hill today, 117 00:06:41,760 --> 00:06:45,600 Speaker 1: he testified in the House. UH and he actually for 118 00:06:45,680 --> 00:06:49,960 Speaker 1: all of his comments on the NFL and weighing into everything, 119 00:06:50,080 --> 00:06:54,359 Speaker 1: I thought this went really really underplayed in terms of 120 00:06:54,360 --> 00:06:56,880 Speaker 1: the national news of the day, and I wanted to 121 00:06:56,880 --> 00:06:58,680 Speaker 1: make sure that we got it in with Justin, which 122 00:06:58,760 --> 00:07:02,640 Speaker 1: was he is predicted. He's auciously optimistic his words, cautiously 123 00:07:02,720 --> 00:07:07,279 Speaker 1: optimistic that a COVID nineteen vaccine will be available, not 124 00:07:07,480 --> 00:07:12,240 Speaker 1: just cleared available by the end of this year, by 125 00:07:12,240 --> 00:07:18,200 Speaker 1: the end of So if you couple the the stepped 126 00:07:18,240 --> 00:07:22,040 Speaker 1: up recovery, which is what economists are predicting, with the 127 00:07:22,080 --> 00:07:25,240 Speaker 1: news of a vaccine being ready by the end of 128 00:07:25,280 --> 00:07:28,480 Speaker 1: the year and all of that news flow, I mean, 129 00:07:29,320 --> 00:07:32,960 Speaker 1: this race is far from over. Justin. Yeah, you know, 130 00:07:33,040 --> 00:07:36,720 Speaker 1: I think obviously those are our best case scenarios, separate 131 00:07:36,720 --> 00:07:40,120 Speaker 1: from LACI is not necessarily the most optimistic, let's be honest. 132 00:07:40,200 --> 00:07:42,560 Speaker 1: Go ahead, Yeah yeah, I was just gonna stay outside 133 00:07:42,600 --> 00:07:45,280 Speaker 1: of politics, but I think that you're right, and it 134 00:07:45,320 --> 00:07:48,000 Speaker 1: speaks a little bit to what the White House has done. 135 00:07:48,040 --> 00:07:51,000 Speaker 1: I think, sensing the fact that a lot of Americans 136 00:07:51,000 --> 00:07:53,640 Speaker 1: are are not ready to go back until there's a vaccine, 137 00:07:53,680 --> 00:07:57,040 Speaker 1: until there's more certainty, they've dumped billions and billions of 138 00:07:57,040 --> 00:07:59,760 Speaker 1: dollars into these development programs. So right now the government 139 00:07:59,840 --> 00:08:03,600 Speaker 1: is you know, guaranteeing new orders of vaccines that they 140 00:08:03,680 --> 00:08:05,960 Speaker 1: think might not even work, but in the hopes that 141 00:08:05,960 --> 00:08:08,840 Speaker 1: that when something does flick into place, they'll be able 142 00:08:08,880 --> 00:08:11,360 Speaker 1: to push it out as quickly as possible. Justin, I 143 00:08:11,360 --> 00:08:13,600 Speaker 1: got to get your your take on this, and I'll 144 00:08:13,600 --> 00:08:15,240 Speaker 1: tell you why in a second. What was your best 145 00:08:15,240 --> 00:08:20,560 Speaker 1: summer job? Best summer job? That's a good question. I 146 00:08:20,640 --> 00:08:23,880 Speaker 1: worked at a deli one summer, and I think it 147 00:08:24,000 --> 00:08:27,880 Speaker 1: was great for my friends who abused my access to 148 00:08:28,800 --> 00:08:31,080 Speaker 1: the deli food, But for me. I had to get 149 00:08:31,120 --> 00:08:33,240 Speaker 1: up very early, so that was a little rough. Was 150 00:08:33,280 --> 00:08:35,120 Speaker 1: it a deli or was it a huge shot, because 151 00:08:35,120 --> 00:08:37,880 Speaker 1: I know you're from Philly. It was. It was after 152 00:08:37,920 --> 00:08:40,440 Speaker 1: we had moved back to the DC area, so only 153 00:08:40,440 --> 00:08:42,280 Speaker 1: just the deli. I wish it. I wish it was 154 00:08:42,320 --> 00:08:44,280 Speaker 1: a little You know, my uncle's got that Hogy shot 155 00:08:44,320 --> 00:08:46,959 Speaker 1: back in Delco. Justin sinc Bloomberg White House Reporter. We're 156 00:08:46,960 --> 00:08:51,040 Speaker 1: talking about summer jobs, because folks, this pandemic has really 157 00:08:51,440 --> 00:08:55,680 Speaker 1: pummeled the youths of the day's ability to get a 158 00:08:55,679 --> 00:08:58,439 Speaker 1: summer job, and that actually does have some economic impacts. 159 00:08:58,440 --> 00:09:00,360 Speaker 1: Stick it right here. Coming up next, we're checking in 160 00:09:00,400 --> 00:09:04,360 Speaker 1: with former Congressman Patrick Murphy, the Centrist Democrat from Florida, 161 00:09:04,400 --> 00:09:07,160 Speaker 1: and Greta Ant Sustern and Greg Drew. I'm Kevin Silly, 162 00:09:07,200 --> 00:09:09,439 Speaker 1: Chief Washington correspondent from Bloomberg TV and Radio. Now I 163 00:09:09,480 --> 00:09:15,480 Speaker 1: want to hog you justin. You're listening to Bloomberg. You're 164 00:09:15,520 --> 00:09:19,359 Speaker 1: listening to Bloomberg Sound On with Kevin sirelate on Bloomberg 165 00:09:20,480 --> 00:09:22,840 Speaker 1: and one oh five point seven f M h D two. 166 00:09:23,679 --> 00:09:28,200 Speaker 1: I'm Kevin Sirelli, Chief Washington correspondent form Bloomberg Television and 167 00:09:28,280 --> 00:09:32,440 Speaker 1: Bloomberg Radio. The hunt for a job this summer has 168 00:09:32,440 --> 00:09:36,120 Speaker 1: become even more difficult for the nation's youth because of 169 00:09:36,160 --> 00:09:41,040 Speaker 1: the coronavirus pandemic. The relaxation of business restrictions now underway 170 00:09:41,120 --> 00:09:44,199 Speaker 1: in states across the country hasn't come fast enough or 171 00:09:44,240 --> 00:09:47,320 Speaker 1: reach deep enough to allow millions of teens and young adults, 172 00:09:47,559 --> 00:09:52,400 Speaker 1: including college kids, to find traditional summer work. I'm reading 173 00:09:52,400 --> 00:09:57,560 Speaker 1: from the Bloomberg terminal my colleague Alexandra Panzi, and she 174 00:09:57,679 --> 00:10:01,160 Speaker 1: goes on to report that across us the country, it's 175 00:10:01,200 --> 00:10:05,120 Speaker 1: just another brick in the wall. It has completely skyrocketed, 176 00:10:05,240 --> 00:10:09,360 Speaker 1: unemployment surging to thirty two point seven percent so a 177 00:10:09,440 --> 00:10:12,560 Speaker 1: one quarter of workers between the ages of sixteen to 178 00:10:12,559 --> 00:10:15,199 Speaker 1: twenty four, most of them temporary, lost their jobs from 179 00:10:15,200 --> 00:10:18,400 Speaker 1: February to May due to the COVID nineteen downturn, not 180 00:10:18,520 --> 00:10:21,839 Speaker 1: to mention all the summer jobs, and according to the 181 00:10:21,880 --> 00:10:25,360 Speaker 1: Pew Research Center, adults ages eighteen to twenty nine were 182 00:10:25,360 --> 00:10:28,600 Speaker 1: more likely than older Americans to say that their pay 183 00:10:28,720 --> 00:10:32,440 Speaker 1: was cut because of the coronavirus outbreak. Joining us on 184 00:10:32,480 --> 00:10:35,760 Speaker 1: the line, former Florida Congressman Patrick Murphy, Patrick, what was 185 00:10:35,800 --> 00:10:39,920 Speaker 1: your favorite summer job? Well, I didn't have much of 186 00:10:39,960 --> 00:10:42,560 Speaker 1: a choice, Kevin. I was a day waiver in a 187 00:10:42,600 --> 00:10:45,880 Speaker 1: family construction business, So I was in digging holes and 188 00:10:46,040 --> 00:10:49,120 Speaker 1: foreign concrete and doing all that in the in the 189 00:10:49,160 --> 00:10:54,040 Speaker 1: summer sun in Florida. So it was it more fun 190 00:10:54,040 --> 00:10:59,240 Speaker 1: than being a congressman nowadays? For sure, I got a 191 00:10:59,280 --> 00:11:01,400 Speaker 1: lot more done. I have something to look out of building. Hey, 192 00:11:01,400 --> 00:11:03,880 Speaker 1: I helped pour that concrete slab, you know if that's 193 00:11:03,880 --> 00:11:06,120 Speaker 1: what my dad would always say, Because my dad is 194 00:11:06,120 --> 00:11:08,640 Speaker 1: a civil engineer back in Delco And every time, you know, 195 00:11:08,640 --> 00:11:10,080 Speaker 1: i'd be in the car with them, I'd be sitting 196 00:11:10,120 --> 00:11:13,360 Speaker 1: shotgun and he'd be saying, look, we built that we 197 00:11:13,440 --> 00:11:15,840 Speaker 1: built that school, we built that, we built that playground, 198 00:11:15,840 --> 00:11:17,200 Speaker 1: And I was like, all right, cool, that's cool, Dad. 199 00:11:17,280 --> 00:11:18,960 Speaker 1: So I think I think if you grew up in 200 00:11:19,040 --> 00:11:21,679 Speaker 1: that mentality, they are used to that when you point 201 00:11:21,720 --> 00:11:24,920 Speaker 1: out the window and say, hey, we built tangible. It's tangible. 202 00:11:25,040 --> 00:11:27,920 Speaker 1: It's tangible. All right, let's talk about the tangibles. What 203 00:11:28,000 --> 00:11:30,160 Speaker 1: the heck is going on down there in Florida? You 204 00:11:30,160 --> 00:11:34,200 Speaker 1: guys have a surge again in COVID we're doing quite frankly, 205 00:11:34,360 --> 00:11:37,160 Speaker 1: it's no surprise, you know, talking amongst uh sort of 206 00:11:37,160 --> 00:11:39,960 Speaker 1: my friends and co workers were you know, continue to 207 00:11:40,040 --> 00:11:42,360 Speaker 1: keep our distance at work for those that are coming 208 00:11:42,360 --> 00:11:45,040 Speaker 1: into office wearing masks, you know, being very strict about 209 00:11:45,040 --> 00:11:48,840 Speaker 1: it getting everything cleaned. But the majority of Florida, it's 210 00:11:48,960 --> 00:11:51,240 Speaker 1: it's like a free for all. Kevin people are are 211 00:11:52,040 --> 00:11:54,760 Speaker 1: socializing as if nothing happened. You know, they're on the 212 00:11:54,760 --> 00:11:58,520 Speaker 1: beach together. They're going to bars and too restaurants, having 213 00:11:58,520 --> 00:12:02,400 Speaker 1: parties at their houses, et cetera. Uh, and what do 214 00:12:02,440 --> 00:12:04,680 Speaker 1: you expect to happen? You know, this isn't uh you 215 00:12:04,720 --> 00:12:08,360 Speaker 1: know the rocket science. Um, we never got a full 216 00:12:08,400 --> 00:12:11,839 Speaker 1: grasp of the situation. And because of that, we are 217 00:12:11,880 --> 00:12:15,240 Speaker 1: having this resurgence in cases, and you know, based on 218 00:12:15,280 --> 00:12:18,080 Speaker 1: everything we're seeing, I imagine it's gonna unfortunately to say this, 219 00:12:18,160 --> 00:12:22,000 Speaker 1: it's gonna it's gonna continue. Um. They finally today did 220 00:12:22,280 --> 00:12:26,520 Speaker 1: mandate the wearing of masks in public in places like 221 00:12:26,640 --> 00:12:29,559 Speaker 1: Miami and uh, I think you know, maybe a dozen 222 00:12:29,640 --> 00:12:32,920 Speaker 1: or two other municipality in cities across the state. So 223 00:12:32,960 --> 00:12:35,160 Speaker 1: hopefully that helps. But you know, that should have been 224 00:12:35,160 --> 00:12:37,840 Speaker 1: sort of the basics, sort of one oh one policy 225 00:12:37,960 --> 00:12:41,000 Speaker 1: from President Trump in the administration on day one, right 226 00:12:41,040 --> 00:12:43,640 Speaker 1: back in March. Hey, guys, everyone wear a mask. Do that. 227 00:12:43,720 --> 00:12:46,160 Speaker 1: Let's start with that and take it from there. Uh. 228 00:12:46,160 --> 00:12:48,800 Speaker 1: And instead it's become like a political thing. If you 229 00:12:48,800 --> 00:12:52,040 Speaker 1: wear a mask, you're not supporting the president or something. 230 00:12:52,040 --> 00:12:54,600 Speaker 1: You know. Somehow this has become a partisan issue. Well, 231 00:12:54,640 --> 00:12:57,679 Speaker 1: I said this yesterday, Patrick Murphy, he's on the line. 232 00:12:57,679 --> 00:13:00,400 Speaker 1: He's a Democrat down in Florida. You know. I said 233 00:13:00,440 --> 00:13:02,480 Speaker 1: this yesterday. Frank Lantz, who is, as you know, a 234 00:13:02,559 --> 00:13:05,200 Speaker 1: prominent Republican poster. He tweeted this out. I thought it 235 00:13:05,280 --> 00:13:10,040 Speaker 1: was really really uh factual. Wearing a mask mask should 236 00:13:10,080 --> 00:13:13,280 Speaker 1: be about as controversial as wearing a seatbelt, and so 237 00:13:13,520 --> 00:13:15,840 Speaker 1: I mean, you know, you gotta wear I think they're annoying, 238 00:13:15,840 --> 00:13:17,839 Speaker 1: but you gotta wear it. You know. Listen, where don't 239 00:13:17,840 --> 00:13:22,000 Speaker 1: you go to college? University Miami? Okay? Because I read 240 00:13:22,000 --> 00:13:25,400 Speaker 1: this in the Miami Herald, a bar near the University 241 00:13:25,440 --> 00:13:30,240 Speaker 1: of Central Florida has had its alcoholic beverage license suspended 242 00:13:30,280 --> 00:13:34,640 Speaker 1: for violating reopening guidelines after thirteen employees and twenty eight 243 00:13:34,640 --> 00:13:38,640 Speaker 1: customers tested positive for the Corona virus. So the Nights 244 00:13:38,679 --> 00:13:41,640 Speaker 1: Pub in Orlando, is this like a famous bar? They 245 00:13:41,720 --> 00:13:45,160 Speaker 1: revoked the license? So are are people actually taking it 246 00:13:45,240 --> 00:13:48,000 Speaker 1: seriously down there? Because I gotta be candid. From the 247 00:13:48,000 --> 00:13:51,240 Speaker 1: outside looking in, the perception amongst the rest of the 248 00:13:51,280 --> 00:13:54,439 Speaker 1: country is Florida doesn't have its act together. It doesn't. 249 00:13:55,000 --> 00:13:58,320 Speaker 1: It doesn't, um, you know basically most of the and 250 00:13:58,360 --> 00:14:00,040 Speaker 1: I'm not trying to point a finger here, but it 251 00:14:00,120 --> 00:14:03,600 Speaker 1: does start at the top, right and um, when you 252 00:14:03,600 --> 00:14:06,000 Speaker 1: have a president you know, sort of poo pooing it. 253 00:14:06,280 --> 00:14:08,400 Speaker 1: And you know, I think today they're saying that he's 254 00:14:08,400 --> 00:14:11,120 Speaker 1: gonna say that the emergency is over. Uh. You know 255 00:14:11,160 --> 00:14:13,439 Speaker 1: this is in light of new records. But anyway, when 256 00:14:13,440 --> 00:14:16,320 Speaker 1: the president says the emergency is over, then Republican governors 257 00:14:16,360 --> 00:14:18,920 Speaker 1: feel a certain amount of political pressure to stay in 258 00:14:19,040 --> 00:14:22,560 Speaker 1: line with that, and they, you know, basically say, look, 259 00:14:22,600 --> 00:14:23,960 Speaker 1: it's not up to us, We'll leave it up to 260 00:14:23,960 --> 00:14:27,000 Speaker 1: the municipalities. And look, there's something to that. There's a 261 00:14:27,080 --> 00:14:30,160 Speaker 1: huge difference between Miami and Pensacola and the urban and 262 00:14:30,240 --> 00:14:34,800 Speaker 1: rural areas. But uh, there's been no clear, uh you know, 263 00:14:34,880 --> 00:14:39,520 Speaker 1: real pathway here. And again the pictures you see on 264 00:14:39,560 --> 00:14:43,080 Speaker 1: the media of the beaches, of the restaurants, of the streets, 265 00:14:43,120 --> 00:14:45,920 Speaker 1: all the rest is really what's going on down here. 266 00:14:45,960 --> 00:14:48,520 Speaker 1: So this resurgence is no surprise. All right, let's pivot. 267 00:14:49,400 --> 00:14:52,120 Speaker 1: I know you're very, very entrenched in Biden world and 268 00:14:52,160 --> 00:14:56,120 Speaker 1: democratic politics down there in the Sunshine States. So the 269 00:14:56,120 --> 00:15:01,040 Speaker 1: big story today that the president, the Democratic Debates Commission 270 00:15:01,040 --> 00:15:02,880 Speaker 1: comes out and announces that they're they're going to have 271 00:15:02,920 --> 00:15:06,160 Speaker 1: three debates, and actually one of the debates has relocated 272 00:15:06,200 --> 00:15:11,240 Speaker 1: to Miami because Michigan was freaking out about COVID nineteen. 273 00:15:11,400 --> 00:15:15,520 Speaker 1: So Miami is getting a debate. Uh. And I think 274 00:15:15,560 --> 00:15:18,800 Speaker 1: you and I were there at the Adrian Are Center 275 00:15:18,880 --> 00:15:22,360 Speaker 1: for the Performing Arts, said during the primary debate. Uh, 276 00:15:22,360 --> 00:15:25,800 Speaker 1: and it's going to be less than three weeks before 277 00:15:25,880 --> 00:15:31,680 Speaker 1: the November third election. Wow. Obviously Farida is a key battleground. Yes, 278 00:15:32,120 --> 00:15:36,200 Speaker 1: so no surprise that you know Miami got got selected again. Uh, 279 00:15:36,280 --> 00:15:39,000 Speaker 1: it's great for the city. It will be interesting to 280 00:15:39,040 --> 00:15:42,360 Speaker 1: see where we stand in Covid and all of that 281 00:15:42,440 --> 00:15:45,680 Speaker 1: going on come November. But there'll be plenty of issues 282 00:15:45,720 --> 00:15:49,280 Speaker 1: to talk about, specific uh to Florida. And there's no 283 00:15:49,280 --> 00:15:52,840 Speaker 1: doubt that we have contrast, whether that's climate change Joe 284 00:15:52,840 --> 00:15:56,640 Speaker 1: Biden and President Trump have two very different opinions of that. Uh, 285 00:15:56,760 --> 00:16:03,600 Speaker 1: handlings of Cuba, South America, Venezuela specifically, broader foreign affairs, uh, 286 00:16:03,600 --> 00:16:05,600 Speaker 1: and where we're heading as a country. You know, people 287 00:16:05,600 --> 00:16:08,960 Speaker 1: in Florida and South for particular, are are worried about 288 00:16:08,960 --> 00:16:14,040 Speaker 1: their jobs, where we're going as a country, the income, inequality, etcetera. 289 00:16:14,160 --> 00:16:16,800 Speaker 1: So there will be no shortage of topics here Uh 290 00:16:16,880 --> 00:16:19,120 Speaker 1: in that debate. It will be an exciting one and 291 00:16:19,160 --> 00:16:22,960 Speaker 1: hopefully Corona is over by then. Has has trade been 292 00:16:22,960 --> 00:16:27,600 Speaker 1: playing heavily in your line of work? Patrick? You know 293 00:16:28,000 --> 00:16:31,280 Speaker 1: you've got President Trump tweeting out today a clarification of 294 00:16:31,280 --> 00:16:34,080 Speaker 1: what Peter Navarro said on Fox The other night, Navarro's 295 00:16:34,480 --> 00:16:37,760 Speaker 1: releasing a statement as well, saying you know that they're 296 00:16:37,760 --> 00:16:40,840 Speaker 1: that they're being careful on trade. That he was that 297 00:16:40,840 --> 00:16:42,760 Speaker 1: that the US trying to Phase one trade deal is 298 00:16:42,800 --> 00:16:45,160 Speaker 1: still intact. Has that been a big issue for you? 299 00:16:45,840 --> 00:16:49,240 Speaker 1: It has. We build uh, you know, quarter the high rises, 300 00:16:49,280 --> 00:16:53,320 Speaker 1: kind of departments, hotels, etcetera. And a lot of the 301 00:16:53,320 --> 00:16:56,640 Speaker 1: materials are coming from abroad. So any sort of uncertainty 302 00:16:56,840 --> 00:16:59,400 Speaker 1: about what that pricing looks like, UH is going to 303 00:16:59,560 --> 00:17:03,120 Speaker 1: lead to price increases and whether they continue or not 304 00:17:03,120 --> 00:17:05,560 Speaker 1: where the leads to the market don't know, but just 305 00:17:05,680 --> 00:17:10,080 Speaker 1: the uncertainty creates increase in pricing. Alright, more Next, thank 306 00:17:10,119 --> 00:17:12,160 Speaker 1: you to Patrick Murphy. I'm Kevin Sireli. This is Bloomberg 307 00:17:12,280 --> 00:17:17,919 Speaker 1: nine nine one. This is Bloomberg's Sound on with Kevin 308 00:17:17,920 --> 00:17:22,159 Speaker 1: Surley on Bloomberg and one oh five point seven f 309 00:17:22,280 --> 00:17:25,159 Speaker 1: M h D two. You know they said once, in 310 00:17:25,240 --> 00:17:28,359 Speaker 1: order to be successful on the radio airwaves, you've always 311 00:17:28,400 --> 00:17:30,439 Speaker 1: got to be angry. I think we've got it off 312 00:17:30,480 --> 00:17:34,760 Speaker 1: angry people these days in Washington, d C. And around 313 00:17:34,760 --> 00:17:37,119 Speaker 1: the country. But I'll tell you what's really ticking me 314 00:17:37,160 --> 00:17:40,600 Speaker 1: off is that the summer jobs, summer jobs kids can't 315 00:17:40,600 --> 00:17:44,000 Speaker 1: get summer jobs. One quarter of workers ages sixteen to 316 00:17:44,080 --> 00:17:46,639 Speaker 1: twenty four lost their jobs from February to May due 317 00:17:46,680 --> 00:17:49,240 Speaker 1: to the COVID nineteen downturn. Think about it, folks, when 318 00:17:49,240 --> 00:17:52,640 Speaker 1: you were mowing lawns, you know, I was scooping ice 319 00:17:52,680 --> 00:17:55,560 Speaker 1: cream and an ice cream store. I was washing dishes 320 00:17:55,600 --> 00:17:59,240 Speaker 1: at a retirement home. You know, folks, I don't. It's 321 00:17:59,280 --> 00:18:02,159 Speaker 1: it's just this opportunity. My name is Kevin CEREALI I'm 322 00:18:02,160 --> 00:18:05,200 Speaker 1: the chief Washington correspondent for Bloomberg Television and for Bloomberg Radio. 323 00:18:05,359 --> 00:18:08,040 Speaker 1: I want to welcome my friend and our next guest, 324 00:18:08,040 --> 00:18:11,480 Speaker 1: gretav An Suster, and she's the chief national political analysts 325 00:18:11,480 --> 00:18:14,040 Speaker 1: for Gray Media and host of Full Court Press with 326 00:18:14,080 --> 00:18:17,359 Speaker 1: gretiv An Suster and Greta. What was your favorite summer job? 327 00:18:18,160 --> 00:18:19,720 Speaker 1: My pan of my player, but I tell you my 328 00:18:19,800 --> 00:18:22,720 Speaker 1: first one was in Appleton, Wisconsin. I worked in the 329 00:18:22,880 --> 00:18:25,879 Speaker 1: back office of a dairy and I spent eight hours 330 00:18:25,880 --> 00:18:29,000 Speaker 1: a day counting pennies and putting them in a little 331 00:18:29,000 --> 00:18:32,520 Speaker 1: paper envelopes, dimes in little paper envelopes, quarter to Nicolson 332 00:18:32,680 --> 00:18:34,680 Speaker 1: and then they be taken to the bank. Just before 333 00:18:34,680 --> 00:18:36,840 Speaker 1: they had those machines that automatically did it, but I 334 00:18:36,840 --> 00:18:39,600 Speaker 1: would count. I'd count coins all day. It was so boring. 335 00:18:39,680 --> 00:18:43,480 Speaker 1: I think I got paid a dollar tanner so an hour, 336 00:18:44,760 --> 00:18:47,560 Speaker 1: but boy, I tell you, it was a long day 337 00:18:47,680 --> 00:18:50,760 Speaker 1: counting coins. I know this is off brand. I shouldn't 338 00:18:50,800 --> 00:18:52,879 Speaker 1: like sugar as much as I do, but listen, I 339 00:18:52,920 --> 00:18:55,080 Speaker 1: was working at at an ice cream shop and I 340 00:18:55,119 --> 00:18:57,680 Speaker 1: had the best time. All I did was eat the 341 00:18:57,720 --> 00:18:59,840 Speaker 1: ice cream. I made the ice cream, I made I 342 00:19:00,119 --> 00:19:02,639 Speaker 1: cream cakes, I made the ice cream cones, the brownies. 343 00:19:02,920 --> 00:19:05,040 Speaker 1: You know, I got on the sugar hide literally all 344 00:19:05,160 --> 00:19:08,440 Speaker 1: summer long. And then I worked in a retirement center 345 00:19:08,480 --> 00:19:11,679 Speaker 1: and Delco, and I gotta tell you, I learned everything 346 00:19:11,720 --> 00:19:13,040 Speaker 1: I need to know about how to talk to people 347 00:19:13,119 --> 00:19:16,560 Speaker 1: by working at a retirement home. Greta. You know. You 348 00:19:16,560 --> 00:19:18,520 Speaker 1: know what I but I regret this year is that, Um, 349 00:19:18,720 --> 00:19:21,840 Speaker 1: I've had calls and some things that. Look I've got 350 00:19:21,840 --> 00:19:24,280 Speaker 1: a lot of a lot of advantage to my life 351 00:19:24,320 --> 00:19:26,960 Speaker 1: because I got good internships. Um, and they really and 352 00:19:26,960 --> 00:19:29,040 Speaker 1: the people took care of me their mentors and helped 353 00:19:29,040 --> 00:19:31,680 Speaker 1: me along in my career. So I've always been very, 354 00:19:31,920 --> 00:19:35,879 Speaker 1: very conscientious about hiring interns and about helping them and 355 00:19:35,920 --> 00:19:38,159 Speaker 1: staying in touch with them for years to come and 356 00:19:38,200 --> 00:19:41,800 Speaker 1: including the assistance. Well, I can't have the interns this summer. 357 00:19:41,800 --> 00:19:44,040 Speaker 1: This is and I actually, you know, I always say 358 00:19:44,080 --> 00:19:46,600 Speaker 1: to people that I can't afford the National Football League, 359 00:19:46,640 --> 00:19:48,280 Speaker 1: but even if I could, there are always so many 360 00:19:48,320 --> 00:19:50,720 Speaker 1: you can buy. So I always I always consider, like 361 00:19:50,920 --> 00:19:54,160 Speaker 1: these intern service my son, like my racehorses, and I'm 362 00:19:54,200 --> 00:19:56,479 Speaker 1: excited when they do well in life. But now this year, 363 00:19:56,520 --> 00:19:59,199 Speaker 1: I can't. I can't. There's nothing I can do. You know, 364 00:19:59,280 --> 00:20:01,880 Speaker 1: that's such a in point. And in fact, last week 365 00:20:01,920 --> 00:20:05,240 Speaker 1: I interviewed Senator Chris Coons, who's a Democrat from Delaware, 366 00:20:05,240 --> 00:20:08,760 Speaker 1: and he's got this bipartisan legislation that he's introduced with 367 00:20:08,760 --> 00:20:14,240 Speaker 1: Republicans and Democrats about expanding access to AmeriCorps, particularly for 368 00:20:14,400 --> 00:20:17,159 Speaker 1: recent grads, so they can go into this program in 369 00:20:17,200 --> 00:20:21,160 Speaker 1: the country, give back to their country in a service program, 370 00:20:21,280 --> 00:20:24,080 Speaker 1: and you know, be able to get a master's in 371 00:20:24,200 --> 00:20:26,960 Speaker 1: education for free. You know, it's just another pipeline I 372 00:20:27,000 --> 00:20:28,760 Speaker 1: think that people are really going to be relying on, 373 00:20:28,880 --> 00:20:33,080 Speaker 1: especially for families that are really feeling the economic pinch. 374 00:20:33,400 --> 00:20:36,640 Speaker 1: You know, their service compartments are so important. And anythings. 375 00:20:36,640 --> 00:20:38,800 Speaker 1: Look okay, I'm it's very lucky. I had a lot 376 00:20:38,840 --> 00:20:42,400 Speaker 1: of formal education. I had a college degree and two 377 00:20:42,480 --> 00:20:44,920 Speaker 1: law degrees. And but I'll tell you there's no education 378 00:20:45,000 --> 00:20:48,600 Speaker 1: like an internship or um or those projects so you know, 379 00:20:48,840 --> 00:20:51,000 Speaker 1: or even things like out with bonds when you actually 380 00:20:51,040 --> 00:20:54,280 Speaker 1: get to do projects. You know. I know, as much 381 00:20:54,280 --> 00:20:56,320 Speaker 1: as I'd like to think I learned in the classroom, 382 00:20:56,320 --> 00:20:59,840 Speaker 1: I learned so much more by internships. I could not 383 00:21:00,280 --> 00:21:03,080 Speaker 1: agree with you more. And for me, I learned a 384 00:21:03,119 --> 00:21:06,560 Speaker 1: lot washing dishes in delco Um and having those summer jobs. 385 00:21:06,560 --> 00:21:08,520 Speaker 1: All Right, enoughing about us. I want to talk to 386 00:21:08,560 --> 00:21:12,200 Speaker 1: you about something that I don't think has gotten enough play. 387 00:21:12,240 --> 00:21:14,800 Speaker 1: And I've been waiting to talk about this with you 388 00:21:14,960 --> 00:21:17,720 Speaker 1: on air. In the Wall Street Journal, Ryan Tracy, who's 389 00:21:17,760 --> 00:21:20,520 Speaker 1: an excellent reporter, folks. Ryan Tracy in the Wall Street Journal, 390 00:21:20,680 --> 00:21:23,720 Speaker 1: headlined in turn about the small business Administration says it 391 00:21:23,720 --> 00:21:28,480 Speaker 1: will disclose the names of big p p P borrow borrowers. 392 00:21:28,880 --> 00:21:31,760 Speaker 1: Bowing to buy partisan pressure in Congress, The Trump administration 393 00:21:31,800 --> 00:21:34,800 Speaker 1: says it will now release the names of borrowers who 394 00:21:34,920 --> 00:21:39,280 Speaker 1: received Paycheck Protection Program loans of a hundred and fifty 395 00:21:39,359 --> 00:21:43,280 Speaker 1: thousand dollars or more, which accounts for seventy of the 396 00:21:43,359 --> 00:21:46,240 Speaker 1: funds lent through the program, thankfully, because there's got to 397 00:21:46,280 --> 00:21:50,880 Speaker 1: be transparency for who's getting this this cash, right right? Well, 398 00:21:50,960 --> 00:21:54,040 Speaker 1: look it's it's it's our money to taxpayers money, and 399 00:21:54,119 --> 00:21:56,879 Speaker 1: I'm grateful that we can lend it or give it 400 00:21:56,920 --> 00:21:59,119 Speaker 1: away and help other people. But I don't like the 401 00:21:59,160 --> 00:22:00,760 Speaker 1: idea that it would be a secret. I don't think 402 00:22:00,760 --> 00:22:03,520 Speaker 1: there's anything disgraceful but taking money and a time with 403 00:22:03,640 --> 00:22:06,680 Speaker 1: the virus because you needed you need help. So I say, 404 00:22:06,680 --> 00:22:09,159 Speaker 1: I'm in favorite transparency, and I don't. I don't like 405 00:22:09,240 --> 00:22:11,320 Speaker 1: the idea that's a secret. And I don't think anyone 406 00:22:11,359 --> 00:22:13,400 Speaker 1: should be ashamed for taking the money. But I don't 407 00:22:13,400 --> 00:22:15,560 Speaker 1: think the American tax payers, when they're so generous and 408 00:22:15,560 --> 00:22:17,800 Speaker 1: trying to help people, I don't think that it should 409 00:22:17,800 --> 00:22:20,119 Speaker 1: be kept from them either. And this was this was 410 00:22:20,240 --> 00:22:22,680 Speaker 1: this happened in two thousand and eight, mind you, with TARP, 411 00:22:22,720 --> 00:22:25,479 Speaker 1: and there was a whole database and whatnot, and and 412 00:22:25,520 --> 00:22:28,320 Speaker 1: even for for agencies like the Export and Port Bank. 413 00:22:28,359 --> 00:22:30,520 Speaker 1: There are ways that you can go on and search 414 00:22:30,600 --> 00:22:33,840 Speaker 1: by congressional district to see where the money is going 415 00:22:34,000 --> 00:22:38,800 Speaker 1: and Treasury Secretary Stephen Venusian he is now saying that 416 00:22:38,880 --> 00:22:43,000 Speaker 1: for the six hundred and seventy billion dollar program, they're 417 00:22:43,040 --> 00:22:47,000 Speaker 1: going to disclose the loan amounts and they're going to 418 00:22:47,840 --> 00:22:51,800 Speaker 1: uh um, they're also going to be disclosing uh some 419 00:22:51,960 --> 00:22:55,240 Speaker 1: of these zip codes where the cash is going, the industry, 420 00:22:55,280 --> 00:22:58,600 Speaker 1: the business type, and some other demographics. So they're really 421 00:22:58,640 --> 00:23:01,760 Speaker 1: trying to see precisely to be a little bit more 422 00:23:01,800 --> 00:23:05,160 Speaker 1: transparent on this because a lot of folks, but you, Kevin, 423 00:23:05,160 --> 00:23:08,199 Speaker 1: it's not about being a little bit more transparent. You know, 424 00:23:08,240 --> 00:23:12,200 Speaker 1: we should have absolute transparency. I agree, no, a thousand percent. 425 00:23:12,600 --> 00:23:15,240 Speaker 1: And when you look beyond this, there's a lot of 426 00:23:15,280 --> 00:23:17,680 Speaker 1: talk credit about whether or not there's going to be 427 00:23:17,720 --> 00:23:20,760 Speaker 1: another round of economic stimulus. There's a lot of talk 428 00:23:20,800 --> 00:23:23,560 Speaker 1: about whether or not there's going to be a delay 429 00:23:23,640 --> 00:23:27,080 Speaker 1: in terms of tax filings. Secretary Monutions told my colleagues 430 00:23:27,080 --> 00:23:30,240 Speaker 1: at the Bloomberg Virtual Summit earlier today that they're looking 431 00:23:30,320 --> 00:23:32,919 Speaker 1: into that. Do you think that there's going to be 432 00:23:33,000 --> 00:23:38,280 Speaker 1: another bipartisan stimulus before the election? Um? I well, I 433 00:23:38,280 --> 00:23:40,600 Speaker 1: think so, because I think the American people may need it, 434 00:23:40,680 --> 00:23:42,080 Speaker 1: and no one wants to be on the wrong side 435 00:23:42,119 --> 00:23:43,600 Speaker 1: of that. By same, we're not going to do that. 436 00:23:43,720 --> 00:23:46,280 Speaker 1: So I suspect that there will be I hope it's wise. 437 00:23:46,560 --> 00:23:48,280 Speaker 1: I hope it's smart. Um, you know, there's some of 438 00:23:48,320 --> 00:23:50,159 Speaker 1: the things that they did on the first one. UM. 439 00:23:50,200 --> 00:23:51,680 Speaker 1: I don't know if you paid much attention to, but 440 00:23:51,760 --> 00:23:54,760 Speaker 1: how they giv it up money to go to airports, 441 00:23:54,800 --> 00:23:57,919 Speaker 1: and the formula that they used was a williant a 442 00:23:58,000 --> 00:24:02,160 Speaker 1: very imperfect formulas as some small airport's got enough money 443 00:24:02,200 --> 00:24:04,199 Speaker 1: to support them for some like forty seven years, and 444 00:24:04,240 --> 00:24:06,640 Speaker 1: some airports got just barely enough to get through the year. 445 00:24:06,920 --> 00:24:08,920 Speaker 1: And I'm not I'm not exaggerating a whole lot. A 446 00:24:08,960 --> 00:24:11,480 Speaker 1: little bit of exaggerating, but not a whole lot. And 447 00:24:11,520 --> 00:24:13,720 Speaker 1: I think that, um, I think if if the American 448 00:24:13,720 --> 00:24:16,320 Speaker 1: people need money to help, you know, get up and running, um, 449 00:24:16,359 --> 00:24:18,120 Speaker 1: you know, we're a very generous nation, and I say, 450 00:24:18,200 --> 00:24:20,560 Speaker 1: let's do that. I also think that people, if you know, 451 00:24:20,560 --> 00:24:22,679 Speaker 1: if you if you thought about buying something, you can 452 00:24:22,680 --> 00:24:24,439 Speaker 1: still afford to do it, it's not the time to 453 00:24:24,480 --> 00:24:26,480 Speaker 1: hold back. And whether it's a house, because real estate 454 00:24:26,480 --> 00:24:29,520 Speaker 1: agents need jobs, need money. UM, this would be it's 455 00:24:29,560 --> 00:24:32,919 Speaker 1: almost patriotic if if you can buy things and spend 456 00:24:33,040 --> 00:24:35,920 Speaker 1: if you can. Um and in terms of another stimulus, 457 00:24:35,960 --> 00:24:38,480 Speaker 1: if we need one, I hope that Capitol Hill will, 458 00:24:38,560 --> 00:24:40,600 Speaker 1: you know, stop drawing the line in the sand and 459 00:24:41,000 --> 00:24:43,439 Speaker 1: making it a political issue, but trying to think truly 460 00:24:43,440 --> 00:24:45,560 Speaker 1: what what we'll get our country up and running again, 461 00:24:45,600 --> 00:24:47,520 Speaker 1: because we're in a we have a crisis in our hands, 462 00:24:47,720 --> 00:24:50,160 Speaker 1: you know. And and even beyond that, you've also gott 463 00:24:50,240 --> 00:24:53,960 Speaker 1: now the looming threat of potential increase in trade escalations, 464 00:24:54,040 --> 00:24:57,639 Speaker 1: not just on the US China trade front, where China 465 00:24:57,760 --> 00:25:03,040 Speaker 1: has reduced its purchases and at a Tyson's plan in Arkansas, 466 00:25:03,119 --> 00:25:06,679 Speaker 1: Arkansas's third congressional district because of a reported outbreak of 467 00:25:06,720 --> 00:25:11,400 Speaker 1: COVID nineteen in Springdale, Arkansas. And not to forget it's 468 00:25:11,440 --> 00:25:13,520 Speaker 1: not just the U. S And China, but this summer 469 00:25:13,560 --> 00:25:17,560 Speaker 1: also the EU is going to be finalizing some of 470 00:25:17,680 --> 00:25:21,920 Speaker 1: their trade UH spats with the United States, and both 471 00:25:22,000 --> 00:25:25,160 Speaker 1: China and the EU are looking at the heartland. They're 472 00:25:25,200 --> 00:25:29,119 Speaker 1: looking at election race, and they're staring down leverage and 473 00:25:29,200 --> 00:25:32,640 Speaker 1: what they see. UH. Tomorrow, we're gonna have former South 474 00:25:32,640 --> 00:25:35,000 Speaker 1: Bend mayor Pee Bootage Edge on the program, so we'll 475 00:25:35,000 --> 00:25:38,480 Speaker 1: ask him about all of that trade. But from your perspective, 476 00:25:38,520 --> 00:25:41,320 Speaker 1: when you when you hear about the geopolitics of this, 477 00:25:41,359 --> 00:25:43,639 Speaker 1: and you know geopolitics better than anyone in this town. 478 00:25:44,320 --> 00:25:47,919 Speaker 1: It's not just a domestic issue. The global economy now 479 00:25:48,160 --> 00:25:52,120 Speaker 1: is like a chessboard heading into Yeah, if only we 480 00:25:52,280 --> 00:25:55,240 Speaker 1: you know, we weren't the effect of the world, you know, 481 00:25:55,320 --> 00:25:57,120 Speaker 1: but we are. You know. It's like once we made 482 00:25:57,119 --> 00:25:59,359 Speaker 1: a decision to make this a global economy and have 483 00:25:59,480 --> 00:26:02,760 Speaker 1: free trade, we really become beholden to each other, you know, 484 00:26:02,880 --> 00:26:05,840 Speaker 1: and other nations and whether it's good, bad, or and different. 485 00:26:05,880 --> 00:26:07,640 Speaker 1: The problem is is that's where we are right now, 486 00:26:08,000 --> 00:26:10,160 Speaker 1: and it's very difficult to try and do things. And look, 487 00:26:10,160 --> 00:26:11,640 Speaker 1: you know, one of the things that Trump went into 488 00:26:11,680 --> 00:26:14,080 Speaker 1: office about he claimed, you know, he he thought that 489 00:26:14,119 --> 00:26:17,240 Speaker 1: it was very unfair that the uh, how China was 490 00:26:17,280 --> 00:26:19,080 Speaker 1: getting away with her. I think China, the w t 491 00:26:19,200 --> 00:26:24,040 Speaker 1: O has um is a developing country, so gets preferences, preferences, um. 492 00:26:24,040 --> 00:26:25,760 Speaker 1: But you know that you know that trade has not 493 00:26:25,920 --> 00:26:29,960 Speaker 1: been fair when certain certain nations will devalue their currency 494 00:26:30,000 --> 00:26:32,680 Speaker 1: to make given a competitive edge, you know, trade has 495 00:26:32,720 --> 00:26:36,159 Speaker 1: not been fair, um. And it needs it needs to 496 00:26:36,200 --> 00:26:38,240 Speaker 1: get you know it needs to get claimed up. Gret 497 00:26:38,280 --> 00:26:39,840 Speaker 1: I hope I get to see it in person and 498 00:26:39,920 --> 00:26:43,280 Speaker 1: not just on the face. We gotta play cards virtually. 499 00:26:43,320 --> 00:26:45,800 Speaker 1: I don't. I'm sick of the virtual stuff. Greta. Come on, 500 00:26:46,320 --> 00:26:49,400 Speaker 1: all right, thank you, my friend. Greta and Sash appreciate 501 00:26:49,440 --> 00:26:52,640 Speaker 1: the time. All right, Coming up next, we got Gregg Gerrow. 502 00:26:53,040 --> 00:26:54,600 Speaker 1: We're gonna stick with trade. I want to take you 503 00:26:54,680 --> 00:26:58,480 Speaker 1: to Iowa and the Iowa Senate race, Johnie Ernst and 504 00:26:58,520 --> 00:27:01,480 Speaker 1: a political unknown battling for the future at the Senate. 505 00:27:01,520 --> 00:27:09,439 Speaker 1: I'm Kevin Sirelli. You're listening to Bloomberg nine. This is 506 00:27:09,480 --> 00:27:14,680 Speaker 1: Bloomberg Sound On with Kevin Surreley on Bloomberg and on 507 00:27:14,800 --> 00:27:17,840 Speaker 1: all five point seven f M HD two. We've got 508 00:27:17,880 --> 00:27:19,760 Speaker 1: Pete Boot to judge tomorrow. Folks, you don't want to 509 00:27:19,760 --> 00:27:23,520 Speaker 1: miss it. We're gonna talk all about trade policy, leapsteaks, 510 00:27:24,200 --> 00:27:29,040 Speaker 1: who's biding, gonna pick, who's biding, gonna pick Kamala, Susan Rice, 511 00:27:29,520 --> 00:27:31,760 Speaker 1: We're gonna ask, We're gonna find out. It's gonna be 512 00:27:31,840 --> 00:27:34,320 Speaker 1: on Bloomberg Television, Bloomberg Radio. So we gotta get her, 513 00:27:34,680 --> 00:27:37,119 Speaker 1: gotta get to better early tonight keV. I'm Kevin Sirelli, 514 00:27:37,200 --> 00:27:40,120 Speaker 1: Chief Washington correspondent for Bloomberg Television and for Bloomberg Radio. 515 00:27:40,359 --> 00:27:43,320 Speaker 1: Greg Drow's on the line. Here is Bloomberg Government, Congress 516 00:27:43,320 --> 00:27:46,359 Speaker 1: and Elections reporter Greg. I've been asking every single guest 517 00:27:46,440 --> 00:27:49,920 Speaker 1: on this program this hour, what is their best summer job, 518 00:27:50,000 --> 00:27:52,200 Speaker 1: because kids are having a hard time this summer getting 519 00:27:52,240 --> 00:27:54,640 Speaker 1: the summer job. I mean, a lot of a lot 520 00:27:54,680 --> 00:27:57,040 Speaker 1: of things happening in the economy, but for real, what's 521 00:27:57,040 --> 00:27:59,399 Speaker 1: your What was your best summer job? My best summer 522 00:27:59,480 --> 00:28:01,560 Speaker 1: job with the summer of ninety four, I was taking 523 00:28:01,560 --> 00:28:03,680 Speaker 1: a class at the College of Women Mary and while 524 00:28:03,680 --> 00:28:06,520 Speaker 1: I was there, I co hosted a sports radio show 525 00:28:06,520 --> 00:28:09,680 Speaker 1: called Around the Horns Sports and that's awesome. Summer of 526 00:28:09,760 --> 00:28:12,280 Speaker 1: ninety four had a lot going on. You had the 527 00:28:12,400 --> 00:28:15,200 Speaker 1: Rangers won the Stanley Cup, the US hosted the World Cup, 528 00:28:15,240 --> 00:28:18,560 Speaker 1: you had the baseball strike. A lot going on. That 529 00:28:18,760 --> 00:28:20,680 Speaker 1: is that's a really cool summer job. So I was. 530 00:28:20,760 --> 00:28:24,800 Speaker 1: I worked on my student newspaper at Penn State University 531 00:28:25,280 --> 00:28:27,600 Speaker 1: every summer, but I also worked in a Delhi I 532 00:28:27,720 --> 00:28:30,480 Speaker 1: was what else did I I did the UH, I 533 00:28:30,560 --> 00:28:33,439 Speaker 1: worked at a subway and a Deli, and then I 534 00:28:33,480 --> 00:28:38,000 Speaker 1: did the packages at the mail room. That was rough. Um, 535 00:28:38,040 --> 00:28:41,360 Speaker 1: it was very early Saturday mornings. Um. What I want 536 00:28:41,360 --> 00:28:43,960 Speaker 1: to ask you was speaking of sports, just fun fact. 537 00:28:44,000 --> 00:28:46,800 Speaker 1: I mean, talk about a busy summer for sports. The 538 00:28:46,840 --> 00:28:50,040 Speaker 1: news has been all off the fields to seeing how 539 00:28:50,080 --> 00:28:52,160 Speaker 1: all of the various leagues have been handling this. And 540 00:28:52,160 --> 00:28:55,000 Speaker 1: then you've got Bouci weighing in with regards to the NFL. 541 00:28:55,000 --> 00:28:57,000 Speaker 1: You would have had a lot to talk about, my friend, 542 00:28:57,200 --> 00:29:00,920 Speaker 1: if you were still back at that at that summer 543 00:29:01,000 --> 00:29:04,320 Speaker 1: job at ninety four, that's right. And then Novak Djokovic, 544 00:29:04,480 --> 00:29:06,400 Speaker 1: number one test player in the world, announced that he 545 00:29:06,400 --> 00:29:10,000 Speaker 1: has been tested positive for coronavirus. So the tennis world 546 00:29:10,160 --> 00:29:11,640 Speaker 1: a lot of big news in that sport as well, 547 00:29:11,640 --> 00:29:15,400 Speaker 1: which is probably my top sport. Wow. Yeah, remarkable, it 548 00:29:15,760 --> 00:29:18,520 Speaker 1: really really is. I want to go to Iowa, the 549 00:29:18,560 --> 00:29:21,040 Speaker 1: Hawkeye state, because there was a des Moines registered poll 550 00:29:21,120 --> 00:29:24,960 Speaker 1: that came out, um, I believe like two days ago 551 00:29:25,360 --> 00:29:29,959 Speaker 1: that has a political unknown, a progressive unknown, leading the 552 00:29:30,000 --> 00:29:33,560 Speaker 1: incumbent Senator Joanie Arn't, a Republican from Iowa. Her name 553 00:29:33,600 --> 00:29:36,760 Speaker 1: is Teresa Greenfield. She presents herself as a quote unquote 554 00:29:36,760 --> 00:29:41,360 Speaker 1: farmer kid and she's running against Joanie Arn't. For Joanie 555 00:29:41,400 --> 00:29:45,600 Speaker 1: Earnt to to lose, to be trailing in this state 556 00:29:46,200 --> 00:29:49,960 Speaker 1: is remarkable. Is this a potential Does this spell potential 557 00:29:49,960 --> 00:29:55,040 Speaker 1: trouble for Republicans to to have the majority in the Senate? Come? Yeah, 558 00:29:55,040 --> 00:29:56,880 Speaker 1: this is gonna be one of the toughest seats for 559 00:29:56,920 --> 00:29:59,040 Speaker 1: the Republicans to hold. I was kind of a very 560 00:29:59,320 --> 00:30:02,040 Speaker 1: plicarly and sting state. It did swing heavily to Trump 561 00:30:02,080 --> 00:30:05,880 Speaker 1: in the election, but did vote pretty strongly for Barack Obama, 562 00:30:05,920 --> 00:30:10,320 Speaker 1: and it typically will shift to the Democrats if the 563 00:30:10,320 --> 00:30:13,480 Speaker 1: Republicans are governing during a time when say, the economy 564 00:30:13,520 --> 00:30:15,320 Speaker 1: is going back to the farm economy is going bad. 565 00:30:15,920 --> 00:30:19,160 Speaker 1: Here's a here's a fact for you. Du Caucus. Michael 566 00:30:19,240 --> 00:30:22,240 Speaker 1: Ducaucus did better in Iowa than he did in Massachusetts, 567 00:30:22,240 --> 00:30:24,680 Speaker 1: which would be unthinkable today. But that's just kind of 568 00:30:24,720 --> 00:30:27,920 Speaker 1: state Iowa is, and it's a state that I'm not 569 00:30:27,960 --> 00:30:30,680 Speaker 1: sure that Trump can bank on the heavy majority he 570 00:30:30,680 --> 00:30:33,160 Speaker 1: did in twenty six And we're seeing how states are 571 00:30:33,240 --> 00:30:35,600 Speaker 1: voting pretty close to you know, there's a lot more 572 00:30:36,320 --> 00:30:40,000 Speaker 1: kind of commonality and how states vote for president for Senate, 573 00:30:40,160 --> 00:30:42,120 Speaker 1: and so I think the Senate race will be close 574 00:30:42,160 --> 00:30:44,960 Speaker 1: as well the presidential race. You know, what do you 575 00:30:45,040 --> 00:30:48,720 Speaker 1: think though, size up the prospects Greg Darrow Bloomberg, Government, 576 00:30:48,760 --> 00:30:52,040 Speaker 1: Congress and Elections reporter. Size at the prospects of the 577 00:30:52,080 --> 00:30:54,640 Speaker 1: Senate flipping or what do you think? How how's the 578 00:30:54,640 --> 00:30:57,520 Speaker 1: House gonna look? Well? I think that how I think 579 00:30:57,560 --> 00:30:59,920 Speaker 1: the Democrats have a better shot at that Senate than 580 00:31:00,120 --> 00:31:03,080 Speaker 1: Republicans do it the House. In the House, I don't 581 00:31:03,120 --> 00:31:06,400 Speaker 1: see the Republicans right now gaining the net gain of 582 00:31:06,440 --> 00:31:08,360 Speaker 1: seventeen seats they need to win the House. They very 583 00:31:08,360 --> 00:31:10,680 Speaker 1: well may if they get a bump at the top 584 00:31:10,720 --> 00:31:13,520 Speaker 1: of the ticket. Again, so many districts vote the same 585 00:31:13,520 --> 00:31:16,320 Speaker 1: way for president as they do for Congress. And so 586 00:31:16,360 --> 00:31:19,400 Speaker 1: long as Trump is trailing as he is to Joe Biden, 587 00:31:19,400 --> 00:31:21,840 Speaker 1: he's not going to give Republicans that lift to win 588 00:31:21,880 --> 00:31:24,640 Speaker 1: back the House. But in the Senate, um, you see 589 00:31:24,680 --> 00:31:28,840 Speaker 1: a lot of states in play right now, um, Arizona, Colorado. 590 00:31:28,920 --> 00:31:31,640 Speaker 1: These are Republican health states that may flip to the Democrats. 591 00:31:31,680 --> 00:31:35,080 Speaker 1: You've got North Carolina, Maine, and now you mentioned Iowa, 592 00:31:35,120 --> 00:31:37,840 Speaker 1: and then Montana, where you have the popular governor of 593 00:31:37,880 --> 00:31:40,800 Speaker 1: Montana deciding at the last minute in the March filing 594 00:31:40,800 --> 00:31:44,280 Speaker 1: deadline to decide to challenge the Republican center. There are 595 00:31:44,400 --> 00:31:46,520 Speaker 1: rates that probably would have been an easy hold for 596 00:31:46,560 --> 00:31:49,280 Speaker 1: the Republicans, but the Democrats have put that in play too, 597 00:31:49,480 --> 00:31:51,680 Speaker 1: so a lot of targets for the Democrats in the Senate. 598 00:31:52,680 --> 00:31:55,800 Speaker 1: It really is remarkable. Um I. Meanwhile, tonight you've got 599 00:31:55,800 --> 00:32:00,320 Speaker 1: primaries in New York, Kentucky, Virginia, and North Carolina. You 600 00:32:00,320 --> 00:32:04,640 Speaker 1: know the Senate primary in Kentucky. Give us the lay 601 00:32:04,640 --> 00:32:07,200 Speaker 1: of the land there. Well, that's a very interesting race 602 00:32:07,200 --> 00:32:10,200 Speaker 1: where you have Democrats. From the very beginning, the Democratic 603 00:32:10,280 --> 00:32:14,320 Speaker 1: establishment backed Amy McGrath, a former Marine fighter pilot, to 604 00:32:14,400 --> 00:32:17,640 Speaker 1: oppose Mitch McConnell, the Senate Majority leader, and basically the 605 00:32:17,640 --> 00:32:21,680 Speaker 1: whole Democratic you know, firmament was behind Amy McGrath. Early. 606 00:32:21,720 --> 00:32:24,800 Speaker 1: She raised more than forty one million dollars so far 607 00:32:24,960 --> 00:32:27,400 Speaker 1: for this race, an astounding some to take on the 608 00:32:27,440 --> 00:32:30,000 Speaker 1: Senate Majority leader. But in the last three or four 609 00:32:30,080 --> 00:32:33,600 Speaker 1: weeks she's been trying to fend off a late surging 610 00:32:34,000 --> 00:32:38,000 Speaker 1: campaign on the left from progressive state Representative Charles Booker, 611 00:32:38,320 --> 00:32:41,360 Speaker 1: who has really channeled a lot of the energy in 612 00:32:41,480 --> 00:32:45,520 Speaker 1: Kentucky um from the Black Lives Matter movement Louisville. His 613 00:32:45,560 --> 00:32:49,040 Speaker 1: hometown is also the hometown of Briana Taylor, the young 614 00:32:49,280 --> 00:32:52,160 Speaker 1: Louisville city worker who was shot and killed by police 615 00:32:52,160 --> 00:32:56,400 Speaker 1: in that city. And so he's trying to uh surge late. 616 00:32:56,520 --> 00:32:58,479 Speaker 1: He hasn't raised as much money, nowhere near as much 617 00:32:58,520 --> 00:33:01,080 Speaker 1: money as Amy McGrath, but he is getting a lot 618 00:33:01,080 --> 00:33:02,920 Speaker 1: of attention. He had did rack up a lot of 619 00:33:03,000 --> 00:33:08,880 Speaker 1: late endorsements from progressive luminaries. Do you think McConnell is 620 00:33:08,960 --> 00:33:14,520 Speaker 1: nervous I mean, or I mean I mean or or now? Well, 621 00:33:14,720 --> 00:33:16,440 Speaker 1: I think it's a race he never takes for granted. 622 00:33:16,480 --> 00:33:20,400 Speaker 1: McConnell has never been overwhelmingly popular that in his home 623 00:33:20,440 --> 00:33:22,120 Speaker 1: state of Kentucky. He's won a lot of his re 624 00:33:22,200 --> 00:33:26,120 Speaker 1: elections with round between fifty three and fifty six percent 625 00:33:26,160 --> 00:33:27,960 Speaker 1: of the vote. So, and this is a state where 626 00:33:27,960 --> 00:33:31,640 Speaker 1: the president won by thirty percentage points in so that's 627 00:33:31,640 --> 00:33:34,200 Speaker 1: a very nice cushion for McConnell to have sharing a 628 00:33:34,240 --> 00:33:37,480 Speaker 1: ballot with Trump, who's probably going to win Kentucky solidly 629 00:33:37,560 --> 00:33:40,880 Speaker 1: even if he loses reelection. But you know, mcconny, a 630 00:33:40,960 --> 00:33:44,320 Speaker 1: pro McConnell superPAC has reserved millions of dollars in spending 631 00:33:44,320 --> 00:33:46,440 Speaker 1: for that state, So he's definitely not taking the state 632 00:33:46,480 --> 00:33:48,760 Speaker 1: for granted. But it's pretty far down the list of 633 00:33:48,800 --> 00:33:51,960 Speaker 1: states that Democrats are trying to flip. What are some 634 00:33:52,040 --> 00:33:53,480 Speaker 1: of the other states that are trying to flip and 635 00:33:53,560 --> 00:33:55,040 Speaker 1: what are some of the other key races on the 636 00:33:55,040 --> 00:33:59,080 Speaker 1: down ballot side of things? As we had in November, Well, 637 00:33:59,120 --> 00:34:01,480 Speaker 1: the Senate racists are ring to flip include Martha McSally 638 00:34:01,560 --> 00:34:05,960 Speaker 1: seat in Arizona, Corey Gardener, president was today. I'm sorry 639 00:34:06,080 --> 00:34:09,600 Speaker 1: where the president was today? That's right, Yeah, that's right, Arizona. 640 00:34:09,640 --> 00:34:11,480 Speaker 1: That's going to be a key race not only for 641 00:34:11,520 --> 00:34:14,239 Speaker 1: the Senate but also for the presidential race as well, 642 00:34:14,360 --> 00:34:16,200 Speaker 1: to state that Trump won by just three and a 643 00:34:16,200 --> 00:34:19,480 Speaker 1: half points in six You've got the main seat of 644 00:34:19,560 --> 00:34:22,520 Speaker 1: Susan Collins at the Montana set as we mentioned, that's 645 00:34:22,560 --> 00:34:25,880 Speaker 1: held by Steve Danes, opposed by Democratic governor Steve Bullock. 646 00:34:26,480 --> 00:34:28,640 Speaker 1: I what we mentioned is a key state as well 647 00:34:28,880 --> 00:34:32,319 Speaker 1: in North Carolina state held by Tom Tillos, Republican senter 648 00:34:32,320 --> 00:34:35,920 Speaker 1: opposed by Democrat Cal Cunningham. Those are among the seats 649 00:34:35,920 --> 00:34:38,440 Speaker 1: to watch in the race for control of the Senate. 650 00:34:39,160 --> 00:34:44,640 Speaker 1: So do you think beyond that that if you're if 651 00:34:44,680 --> 00:34:47,640 Speaker 1: you're Republicans. I mean, this is so early. We had 652 00:34:47,680 --> 00:34:51,720 Speaker 1: every strategist on yesterday, Brian Darling. Uh, he's a Republican strategist, 653 00:34:51,760 --> 00:34:54,319 Speaker 1: and he said, well that he was actually optimistic because 654 00:34:54,320 --> 00:34:56,960 Speaker 1: he thinks Trump being at the top of the ticket 655 00:34:56,960 --> 00:35:00,440 Speaker 1: will actually help Republicans turn out on downballot. Racist, do 656 00:35:00,440 --> 00:35:03,000 Speaker 1: you agree with that? Does the data reflect that or 657 00:35:03,120 --> 00:35:07,760 Speaker 1: is the momentum still in the suburbs of Democrats? Well, 658 00:35:08,040 --> 00:35:10,120 Speaker 1: I mean the Democrats, I'm not sure if they are 659 00:35:10,560 --> 00:35:12,160 Speaker 1: favored to win back the center right now, but I 660 00:35:12,200 --> 00:35:13,959 Speaker 1: think their chances are better than they were a couple 661 00:35:14,000 --> 00:35:16,120 Speaker 1: of months ago. And yes, Trump being on the top 662 00:35:16,160 --> 00:35:17,640 Speaker 1: of the ballot is going to bring out a lot 663 00:35:17,680 --> 00:35:19,839 Speaker 1: of people. The question is he's also going to bring 664 00:35:19,840 --> 00:35:22,400 Speaker 1: out a lot of Democratic voters who are very strongly, 665 00:35:22,600 --> 00:35:27,719 Speaker 1: strongly opposed excuse me, to his re election and so, um, yeah, 666 00:35:27,719 --> 00:35:30,000 Speaker 1: it really depends on how well Trump does. If he's 667 00:35:30,040 --> 00:35:32,680 Speaker 1: winning Arizona by a few points, and that vodes well 668 00:35:32,719 --> 00:35:36,080 Speaker 1: from Martha McSally, but if Arizona turns into a swing 669 00:35:36,080 --> 00:35:39,359 Speaker 1: state or Trump is at risk of losing Arizona by 670 00:35:39,360 --> 00:35:41,160 Speaker 1: a couple of points. That only makes it just the 671 00:35:41,200 --> 00:35:44,040 Speaker 1: more likely that McSally will lose her seat to Democrat 672 00:35:44,280 --> 00:35:47,000 Speaker 1: Mark Kelly. Same goes in Colorado, a state that Trump 673 00:35:47,000 --> 00:35:50,120 Speaker 1: lost in. Corey Gartner is going to need to win 674 00:35:50,680 --> 00:35:53,640 Speaker 1: some Republican votes or Democratic votes, I should say, to 675 00:35:53,640 --> 00:35:56,520 Speaker 1: win re election. There Susan Collins and Maine, also from 676 00:35:56,520 --> 00:35:59,640 Speaker 1: a state that Trump lost in, and it's unlikely to 677 00:35:59,640 --> 00:36:02,680 Speaker 1: win in November, and we'll be watching closely. States like 678 00:36:03,000 --> 00:36:06,040 Speaker 1: North Carolina the Trump won narrowly as he did Arizona. 679 00:36:06,280 --> 00:36:08,719 Speaker 1: If Trump is struggling to win North Carolina, that just 680 00:36:08,800 --> 00:36:11,239 Speaker 1: makes it all the more difficult for Tom Tillis to 681 00:36:11,239 --> 00:36:14,400 Speaker 1: win re election. They're so good, such good stuff. Gregor, 682 00:36:14,640 --> 00:36:18,040 Speaker 1: senior reporter of Bloomberg Government. He is Bloomberg Government's Congress 683 00:36:18,080 --> 00:36:20,840 Speaker 1: and Elections reporter. Thanks. Greg always says, I'm telling you, 684 00:36:20,880 --> 00:36:22,839 Speaker 1: no one knows this stuff inside now better than Greg. 685 00:36:22,840 --> 00:36:25,480 Speaker 1: I talked to him all day And get real down 686 00:36:25,480 --> 00:36:28,479 Speaker 1: into the nitty gritty of these races. People who jedge 687 00:36:28,520 --> 00:36:31,640 Speaker 1: tomorrow Joni Ernst On Friday, I'm Kevin Cirelli, chief Washington 688 00:36:31,680 --> 00:36:34,400 Speaker 1: correspondent for BTV and Bloomberg Radio. Thanks for listening to 689 00:36:34,400 --> 00:36:35,600 Speaker 1: Bloomberg at nine one