1 00:00:00,880 --> 00:00:04,360 Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch us 2 00:00:04,400 --> 00:00:07,560 Speaker 1: live weekdays at one Eastern on Bloomberg dot com, the 3 00:00:07,640 --> 00:00:10,760 Speaker 1: iHeartRadio app and the Bloomberg Business App, or listen on 4 00:00:10,800 --> 00:00:12,800 Speaker 1: demand wherever you get your podcasts. 5 00:00:13,960 --> 00:00:16,040 Speaker 2: It's great to have you with us here as Washington 6 00:00:16,120 --> 00:00:20,200 Speaker 2: gets that day before vacation. Feel We'll call this the 7 00:00:20,320 --> 00:00:21,959 Speaker 2: jet fumes edition of Sound On. 8 00:00:22,360 --> 00:00:23,480 Speaker 3: Can you smell them? 9 00:00:23,880 --> 00:00:26,360 Speaker 2: Congress trying to finish the work so everybody can get 10 00:00:26,360 --> 00:00:28,520 Speaker 2: on a jet go home tonight for the August recess. 11 00:00:28,560 --> 00:00:32,800 Speaker 2: It's a magical time when things get done. Incidentally, as 12 00:00:32,800 --> 00:00:35,000 Speaker 2: we wait for temperatures to reach one hundred degrees in 13 00:00:35,040 --> 00:00:36,879 Speaker 2: the nation's capital, it's. 14 00:00:36,720 --> 00:00:37,720 Speaker 3: Time to go everybody. 15 00:00:38,200 --> 00:00:40,080 Speaker 2: So let's bring you up to date on where we are. 16 00:00:40,200 --> 00:00:42,640 Speaker 2: And that's as we understand things at this very moment. 17 00:00:42,680 --> 00:00:44,199 Speaker 2: Set to change before the end of the day. For 18 00:00:44,240 --> 00:00:47,040 Speaker 2: those playing along in your home games. The House expected 19 00:00:47,040 --> 00:00:52,479 Speaker 2: to pass the Military Construction Veterans Bill today. The Agriculture 20 00:00:52,479 --> 00:00:55,240 Speaker 2: bill that we talked about with Congressman Rose yesterday, looks 21 00:00:55,320 --> 00:00:58,960 Speaker 2: like that might go on the shelf, maybe delayed until September. 22 00:00:59,480 --> 00:01:03,279 Speaker 2: As they are thank you over a ban on abortion 23 00:01:03,520 --> 00:01:08,520 Speaker 2: pill mail delivery. We're back to this again in the Senate, though, 24 00:01:08,959 --> 00:01:13,440 Speaker 2: looks like they finish all twelve bills today, the appropriations bills, 25 00:01:13,440 --> 00:01:17,479 Speaker 2: and then they'll pass likely the NDAA tonight. That's the expectation, 26 00:01:17,600 --> 00:01:20,440 Speaker 2: the big annual Defense spending bill. And again, everybody gets 27 00:01:20,440 --> 00:01:22,840 Speaker 2: on a jet and goes home. The question is what 28 00:01:23,040 --> 00:01:25,760 Speaker 2: happens when they all come back. And that's where we 29 00:01:25,800 --> 00:01:28,960 Speaker 2: start with Brendan Boyle. Glad to say, the Congressman from 30 00:01:28,959 --> 00:01:33,080 Speaker 2: Pennsylvania's second District is with us the great city of Philadelphia. 31 00:01:33,080 --> 00:01:36,040 Speaker 2: He is the ranking member on the House Budget Committee, 32 00:01:36,240 --> 00:01:38,880 Speaker 2: and Congressman, I wonder do you hear the word shut 33 00:01:38,920 --> 00:01:42,600 Speaker 2: down in the offices and corridors of the Capitol or 34 00:01:42,640 --> 00:01:44,800 Speaker 2: is that for the media to talk about right now? 35 00:01:45,280 --> 00:01:47,920 Speaker 4: Well, great to be back with you, Joe, and I 36 00:01:47,960 --> 00:01:50,640 Speaker 4: apologize if you're hearing a horn behind me. That's big 37 00:01:50,720 --> 00:01:51,760 Speaker 4: going here in the House. 38 00:01:51,760 --> 00:01:52,880 Speaker 3: It's a big party. 39 00:01:52,720 --> 00:01:54,320 Speaker 4: Timing right as. 40 00:01:53,960 --> 00:01:55,559 Speaker 3: I mean, you have to run to vote right now. 41 00:01:56,160 --> 00:01:58,160 Speaker 4: It looks like I have about ten minutes, okay, so 42 00:01:58,480 --> 00:02:01,080 Speaker 4: and I'm still an okay shape, so I can make 43 00:02:01,120 --> 00:02:03,880 Speaker 4: it for my office. I know, maybe a little less 44 00:02:03,920 --> 00:02:08,520 Speaker 4: than that, but you know, before I not a jet, 45 00:02:08,520 --> 00:02:11,240 Speaker 4: but get on Amtrak to go home to Philadelphia. There's 46 00:02:11,280 --> 00:02:15,640 Speaker 4: still important work that will be done here today. But 47 00:02:15,800 --> 00:02:20,720 Speaker 4: in terms of avoiding a shutdown midnight September thirtieth, I 48 00:02:20,840 --> 00:02:25,320 Speaker 4: have to say my concerning level is increasing. You referenced 49 00:02:25,400 --> 00:02:32,000 Speaker 4: earlier the Chaos Caucus. It continues. The divisions internally within 50 00:02:32,080 --> 00:02:37,720 Speaker 4: the House Republican Caucus continue to prevent things from getting 51 00:02:37,720 --> 00:02:40,400 Speaker 4: done here in the House of Representatives, we struck. I 52 00:02:40,440 --> 00:02:45,399 Speaker 4: think a very fair agreement between the White House, Congressional 53 00:02:45,440 --> 00:02:50,679 Speaker 4: Republicans Congressional Democrats to avoid would have been a catastrophic default. 54 00:02:51,040 --> 00:02:53,880 Speaker 4: That bill passed last month. Two thirds of House Republicans 55 00:02:53,960 --> 00:02:57,400 Speaker 4: voted for it, eighty percent of House Democrats. And yet 56 00:02:57,440 --> 00:03:00,679 Speaker 4: now Kevin McCarthy is backing away from that cause he's 57 00:03:00,720 --> 00:03:03,200 Speaker 4: being held up by the Chaos Caucus. 58 00:03:03,240 --> 00:03:05,839 Speaker 2: Well, it was an interesting conversation to hear a couple 59 00:03:05,880 --> 00:03:08,160 Speaker 2: of days ago, Congressman, when members of the Freedom Caucus 60 00:03:08,160 --> 00:03:10,960 Speaker 2: held a news briefing to talk about this. Listen to 61 00:03:11,120 --> 00:03:13,919 Speaker 2: the way Representative Bob Good put it for those who 62 00:03:13,919 --> 00:03:14,480 Speaker 2: were listening here. 63 00:03:14,520 --> 00:03:16,839 Speaker 5: He is we should not fear a government shut down. 64 00:03:17,520 --> 00:03:19,560 Speaker 5: Most of what we do up here is bad anyway. 65 00:03:19,560 --> 00:03:21,640 Speaker 5: Most of what we do up here hurts the American people. 66 00:03:21,880 --> 00:03:24,240 Speaker 5: When we do stuff to the American people, bile promising 67 00:03:24,240 --> 00:03:27,920 Speaker 5: to do things for the American people. Essential operations continue, 68 00:03:28,639 --> 00:03:31,320 Speaker 5: most eighty five percent is mister Bigs has just given 69 00:03:31,320 --> 00:03:34,079 Speaker 5: me that number. Continues, most the American people won't even 70 00:03:34,080 --> 00:03:36,480 Speaker 5: miss at the government is shut down temporarily, all. 71 00:03:36,440 --> 00:03:39,360 Speaker 2: Right, So Congressman, there's a lot there beginning with most 72 00:03:39,360 --> 00:03:41,880 Speaker 2: of what we do up here is bad anyway. There 73 00:03:41,880 --> 00:03:44,600 Speaker 2: does seem to be a feel in that part of 74 00:03:44,640 --> 00:03:47,600 Speaker 2: the House that that is the case, and so therefore 75 00:03:47,680 --> 00:03:48,760 Speaker 2: why not break it? 76 00:03:49,680 --> 00:03:50,800 Speaker 3: How do you negotiate with that? 77 00:03:51,400 --> 00:03:55,360 Speaker 4: Well, that's crazy in a word, and that is really 78 00:03:55,520 --> 00:04:00,040 Speaker 4: representing the viewpoint of the most extreme five percent. The 79 00:04:01,080 --> 00:04:05,560 Speaker 4: problem is it is that extreme five percent that right 80 00:04:05,600 --> 00:04:08,760 Speaker 4: now is in charge of the House Republican Caucus, and 81 00:04:08,840 --> 00:04:13,840 Speaker 4: that Speaker McCarthy just refuses to stand up to I 82 00:04:13,880 --> 00:04:19,240 Speaker 4: am increasingly concerned they will drive us toward a government shutdown. 83 00:04:19,400 --> 00:04:22,760 Speaker 4: And the reality is, as we live through in nineteen 84 00:04:22,839 --> 00:04:25,640 Speaker 4: ninety four, ninety five, ninety five, ninety six, if you 85 00:04:25,680 --> 00:04:29,080 Speaker 4: recall as well as a number of times in the 86 00:04:29,160 --> 00:04:35,360 Speaker 4: last decade, every government shutdown actually costs taxpayers money, it 87 00:04:35,480 --> 00:04:39,159 Speaker 4: costs the economy. There is a real cost to these 88 00:04:39,200 --> 00:04:43,760 Speaker 4: government shutdowns. Of course, most Americans recognize that economists of 89 00:04:44,240 --> 00:04:48,120 Speaker 4: all stripes, conservative and liberal, recognize that it's only an 90 00:04:48,120 --> 00:04:51,560 Speaker 4: extreme element that thinks there's no problem with the government shutdown. 91 00:04:51,960 --> 00:04:55,920 Speaker 4: The problem is it's that extreme minority right now that 92 00:04:56,160 --> 00:04:58,520 Speaker 4: is in charge. When it comes to House Republicans. 93 00:04:58,560 --> 00:05:00,599 Speaker 2: I know they say that Democrats are the one standing 94 00:05:00,600 --> 00:05:03,320 Speaker 2: in the way because of what they call woke policies 95 00:05:03,720 --> 00:05:06,120 Speaker 2: at the Pentagon and in other agencies. And it does 96 00:05:06,200 --> 00:05:09,040 Speaker 2: make you start to worry if nobody can see eye 97 00:05:09,120 --> 00:05:11,279 Speaker 2: to eye on this how you make progress. But can 98 00:05:11,320 --> 00:05:13,840 Speaker 2: you tell us what happens before the end of the 99 00:05:13,920 --> 00:05:16,839 Speaker 2: day or the week, Congressman, it looks like the Milcon 100 00:05:16,960 --> 00:05:17,640 Speaker 2: bill will pass. 101 00:05:17,720 --> 00:05:19,760 Speaker 3: What happens to that Agriculture FDA bill? 102 00:05:20,200 --> 00:05:22,800 Speaker 4: Well, first, I get a little sick and tired of 103 00:05:22,839 --> 00:05:27,599 Speaker 4: the extreme right tag crews and some others continually running 104 00:05:27,640 --> 00:05:30,919 Speaker 4: down the military of the United States of America. We 105 00:05:31,000 --> 00:05:35,000 Speaker 4: have the strongest military in the history of the world, 106 00:05:35,480 --> 00:05:39,839 Speaker 4: and increasingly we see Republicans, for Rohn DeSantis is another 107 00:05:40,560 --> 00:05:45,240 Speaker 4: continually bashing our own military. It's just completely bizarre to me. 108 00:05:45,640 --> 00:05:49,719 Speaker 4: But second, in terms of the individual appropriation, I don't 109 00:05:49,760 --> 00:05:53,400 Speaker 4: think you know, based on the latest heire just a 110 00:05:53,400 --> 00:05:56,680 Speaker 4: little after or one o'clock Thursday afternoon, it does not 111 00:05:56,839 --> 00:06:00,520 Speaker 4: appear as if the Republican side has the votes to 112 00:06:00,640 --> 00:06:03,919 Speaker 4: push forward with an appropriation to get it passed before 113 00:06:03,960 --> 00:06:06,919 Speaker 4: we leave in September. Again, I come back to this. 114 00:06:07,560 --> 00:06:10,559 Speaker 4: We had a deal, an agreement that passed the House, 115 00:06:10,600 --> 00:06:13,520 Speaker 4: passed the Senate, was signed by the President. I voted for. 116 00:06:13,560 --> 00:06:16,119 Speaker 4: It wasn't one that I loved, but it was fair. 117 00:06:16,200 --> 00:06:18,279 Speaker 4: It was a good agreement, which is why eighty percent 118 00:06:18,320 --> 00:06:21,480 Speaker 4: of House Democrats and two thirds of House Republicans voted 119 00:06:21,520 --> 00:06:24,440 Speaker 4: for it. But it is that most extreme so called 120 00:06:24,520 --> 00:06:28,320 Speaker 4: Freedom Caucus element that right now is leading Kevin McCarthy 121 00:06:28,360 --> 00:06:28,880 Speaker 4: by the nose. 122 00:06:29,040 --> 00:06:31,760 Speaker 2: Well, this is really that we're seeing the re litigation 123 00:06:32,160 --> 00:06:34,239 Speaker 2: of the debt limit deal, right. I mean, it's almost 124 00:06:34,320 --> 00:06:36,360 Speaker 2: like it never happened. Congressman, you must wake up and 125 00:06:36,400 --> 00:06:37,880 Speaker 2: wonder what world you're in some days. 126 00:06:38,000 --> 00:06:41,279 Speaker 4: Yeah, it's the folks who were very on the extreme 127 00:06:41,360 --> 00:06:45,000 Speaker 4: right who were very angry that that bill passed, and 128 00:06:45,040 --> 00:06:48,039 Speaker 4: it passed by such a big bipartisan majority. If you remember, 129 00:06:48,080 --> 00:06:51,000 Speaker 4: they took out their anger the very next week by 130 00:06:51,080 --> 00:06:54,680 Speaker 4: continually voting down what's called the rule. It's a procedural 131 00:06:54,760 --> 00:06:58,400 Speaker 4: thing that actually prevented any bills from being voted on 132 00:06:58,480 --> 00:07:01,240 Speaker 4: that whole following week. And again, you know, out of 133 00:07:01,240 --> 00:07:04,240 Speaker 4: four hundred and thirty five members, we're only talking about twenty. 134 00:07:04,880 --> 00:07:08,039 Speaker 4: But the problem is, since Speaker McCarthy doesn't want to 135 00:07:08,080 --> 00:07:12,160 Speaker 4: engage with Democrats and achieve things on a bipartisan basis, 136 00:07:12,480 --> 00:07:16,400 Speaker 4: he's entirely reliant on Republican votes. So it just gives 137 00:07:16,600 --> 00:07:19,920 Speaker 4: a tremendous leverage to those twenty most extreme members. 138 00:07:19,920 --> 00:07:22,400 Speaker 2: Well, it's interesting because the members of the Freedom Caucus, 139 00:07:22,520 --> 00:07:24,760 Speaker 2: like Chip Roy, who were clearly very upset at the 140 00:07:24,800 --> 00:07:28,120 Speaker 2: results of the final product of that quote unquote deal, 141 00:07:29,120 --> 00:07:33,480 Speaker 2: we're upset with the Speaker and seem to think that he, 142 00:07:34,560 --> 00:07:37,680 Speaker 2: you know, betrayed them in this deal making. Somehow do 143 00:07:37,760 --> 00:07:40,360 Speaker 2: you feel like the speakers now betraying you by not 144 00:07:40,480 --> 00:07:41,200 Speaker 2: living up to it. 145 00:07:41,560 --> 00:07:43,960 Speaker 4: Well, I mean, he's clearly not living up to the 146 00:07:44,000 --> 00:07:47,560 Speaker 4: agreement that was reached and that was passed again by 147 00:07:47,560 --> 00:07:50,800 Speaker 4: the House, the Senate and signed into law by the President. 148 00:07:52,560 --> 00:07:55,400 Speaker 4: It's you know, it's hard to see what exactly the 149 00:07:55,400 --> 00:07:59,400 Speaker 4: strategy is there from Speaker McCarthy, and I do fear 150 00:08:00,200 --> 00:08:03,720 Speaker 4: that we will be forced into a government shutdown come 151 00:08:03,800 --> 00:08:08,320 Speaker 4: September thirtieth, that the overwhelming majority in Congress do not want. 152 00:08:09,320 --> 00:08:10,920 Speaker 2: Is it likely to coincide with the end of the 153 00:08:11,000 --> 00:08:12,400 Speaker 2: year like that? I know there's also a lot of 154 00:08:12,400 --> 00:08:15,040 Speaker 2: talk about a CR continuing resolution that might bring us 155 00:08:15,080 --> 00:08:16,480 Speaker 2: closer to the end of the year. But then the 156 00:08:16,480 --> 00:08:19,480 Speaker 2: great fear is, of course, if we still acknowledge that 157 00:08:19,480 --> 00:08:22,200 Speaker 2: debt ceialing deal, that would invoke and across the board 158 00:08:22,240 --> 00:08:24,400 Speaker 2: one percent cut. So the thought was that was a 159 00:08:24,400 --> 00:08:26,360 Speaker 2: big inflection point at the end of the year, either 160 00:08:26,800 --> 00:08:28,880 Speaker 2: we clear that hurdle or the government shuts down. 161 00:08:29,320 --> 00:08:32,520 Speaker 4: And to be clear that that part of that kind 162 00:08:32,559 --> 00:08:37,680 Speaker 4: of trigger mechanism would take place not September thirtieth, but 163 00:08:37,760 --> 00:08:41,199 Speaker 4: if there wasn't an agreement in place by December thirtieth, 164 00:08:41,200 --> 00:08:43,760 Speaker 4: so about it. I would certainly argue for a clean 165 00:08:43,880 --> 00:08:46,920 Speaker 4: CR if we get to September thirtieth and there is 166 00:08:46,960 --> 00:08:51,200 Speaker 4: no budget agreement. Government shutdowns always have a cost, They 167 00:08:51,240 --> 00:08:55,880 Speaker 4: achieve absolutely nothing. They are stupid, and the party that 168 00:08:56,400 --> 00:08:59,120 Speaker 4: if you go back for the last thirty years, the party 169 00:08:59,160 --> 00:09:02,559 Speaker 4: that is seen as responsible for forcing a government shutdown 170 00:09:02,960 --> 00:09:05,920 Speaker 4: almost always as punished in the very next election. 171 00:09:07,760 --> 00:09:10,560 Speaker 2: Boy, it's amazing how we realif history in some of 172 00:09:10,600 --> 00:09:14,960 Speaker 2: these cases. When you look around and consider the deals 173 00:09:14,960 --> 00:09:17,960 Speaker 2: that were made between the Speaker and the Freedom Caucus, 174 00:09:18,040 --> 00:09:20,680 Speaker 2: largely when he was becoming speaker, I know that not 175 00:09:20,720 --> 00:09:22,959 Speaker 2: everyone knows what actually. 176 00:09:23,200 --> 00:09:24,280 Speaker 3: Was agreed to here. 177 00:09:25,200 --> 00:09:28,000 Speaker 2: Are you concerned that that will eat into the negotiations 178 00:09:28,080 --> 00:09:30,560 Speaker 2: in your own budget committee when it comes time to 179 00:09:30,600 --> 00:09:33,319 Speaker 2: finish this job after the August recess. 180 00:09:33,640 --> 00:09:35,960 Speaker 4: Well, I mean, as you know, we still don't have 181 00:09:36,200 --> 00:09:41,840 Speaker 4: even a budget proposal from the House Republican majority. This 182 00:09:41,920 --> 00:09:46,439 Speaker 4: has been a continuing theme ever since that very first 183 00:09:46,559 --> 00:09:50,320 Speaker 4: day on January third, and that is you have a 184 00:09:50,640 --> 00:09:56,400 Speaker 4: badly internally divided House Republican caucus. They are governed by 185 00:09:56,400 --> 00:10:01,079 Speaker 4: the Chaos Caucus, and that prevents a lot of good 186 00:10:01,120 --> 00:10:04,840 Speaker 4: things from happening where we do have large bipartisan consensus. 187 00:10:06,120 --> 00:10:08,160 Speaker 2: I got to ask you about the chances of an 188 00:10:08,200 --> 00:10:11,400 Speaker 2: indictment for Donald Trump today. He just posted on truth 189 00:10:11,440 --> 00:10:14,720 Speaker 2: social while you and I were talking, Congressman that there 190 00:10:14,760 --> 00:10:17,040 Speaker 2: was no indication of notice during the meeting that his 191 00:10:17,640 --> 00:10:19,960 Speaker 2: attorneys had with the DOJA this morning. Do not trust 192 00:10:19,960 --> 00:10:21,640 Speaker 2: the fake news on anything. There was a thought that 193 00:10:21,679 --> 00:10:23,280 Speaker 2: we might get that news today. Do you think it 194 00:10:23,320 --> 00:10:24,400 Speaker 2: happens at all? 195 00:10:24,640 --> 00:10:27,160 Speaker 4: I mean, I have absolutely no idea, so I rely 196 00:10:27,600 --> 00:10:31,280 Speaker 4: on whatever the media is reporting. In terms of indictment, 197 00:10:31,720 --> 00:10:34,200 Speaker 4: I just feel exactly the same way I felt two 198 00:10:34,200 --> 00:10:37,200 Speaker 4: and a half years ago as I was sitting barricade 199 00:10:37,240 --> 00:10:42,600 Speaker 4: in my office, moving furniture to block the doorway so 200 00:10:42,640 --> 00:10:46,640 Speaker 4: that the insurrectionists wouldn't come in. And that is that 201 00:10:46,679 --> 00:10:50,920 Speaker 4: Donald Trump is responsible for the insurrection. He's responsible why 202 00:10:50,960 --> 00:10:53,960 Speaker 4: there wasn't a peaceful transfer of power in this country, 203 00:10:54,760 --> 00:10:57,920 Speaker 4: and is ultimately responsible for why a number of police 204 00:10:57,960 --> 00:11:02,160 Speaker 4: officers lost their lives as a result of that day. 205 00:11:02,480 --> 00:11:05,840 Speaker 4: And I would like to see him finally held responsible. 206 00:11:05,880 --> 00:11:09,720 Speaker 2: It's entirely possible, based on what we understand from the 207 00:11:09,800 --> 00:11:13,240 Speaker 2: reporting around this potential indictment, that if there are charges 208 00:11:13,280 --> 00:11:16,760 Speaker 2: that they may be specific to efforts to overturn the 209 00:11:16,800 --> 00:11:19,520 Speaker 2: result of the twenty twenty election and not the actions 210 00:11:20,040 --> 00:11:23,000 Speaker 2: of the president or his supporters on January sixth itself, 211 00:11:23,000 --> 00:11:24,160 Speaker 2: would that be a disservice? 212 00:11:24,760 --> 00:11:26,439 Speaker 4: You know, it's really hard for me to say in 213 00:11:27,360 --> 00:11:31,920 Speaker 4: both the abstract and hypothetical. I'm also not an attorney, 214 00:11:31,920 --> 00:11:34,400 Speaker 4: thank god. I mean, I have one strike against me 215 00:11:34,440 --> 00:11:36,080 Speaker 4: as a member of Congress, so at least I don't 216 00:11:36,080 --> 00:11:40,400 Speaker 4: have to. But so you know, I would really kind 217 00:11:40,400 --> 00:11:44,160 Speaker 4: of defer judgment until we actually see if and when 218 00:11:44,200 --> 00:11:46,800 Speaker 4: there is an indictment in what the specific charges are. 219 00:11:46,880 --> 00:11:51,120 Speaker 4: But just me, as you know, a non lawyer, there's 220 00:11:51,200 --> 00:11:55,080 Speaker 4: no doubt in my mind that morally, ethically, in every 221 00:11:55,120 --> 00:12:01,400 Speaker 4: other practical way, the whole period of those two months 222 00:12:01,440 --> 00:12:05,160 Speaker 4: between the election and the ultimate inauguration, which had to 223 00:12:05,200 --> 00:12:08,920 Speaker 4: take place, by the way, with twenty thousand National Guard 224 00:12:09,040 --> 00:12:12,400 Speaker 4: troops in the capital of the United States of America, 225 00:12:12,800 --> 00:12:16,560 Speaker 4: and while we were inside a fenced area with barbed wire. 226 00:12:17,200 --> 00:12:21,280 Speaker 4: Let's never forget what Donald Trump is responsible for and 227 00:12:21,360 --> 00:12:25,880 Speaker 4: the disgrace that culminated in January of twenty twenty one. 228 00:12:25,960 --> 00:12:27,880 Speaker 2: Well, when we get news, obviously we'll share it with 229 00:12:27,920 --> 00:12:30,240 Speaker 2: our listeners here. And for someone who is on an 230 00:12:30,240 --> 00:12:32,880 Speaker 2: Amtrak earlier this morning, I hope you have a good 231 00:12:32,960 --> 00:12:35,559 Speaker 2: ride home. Congressman. Thanks for coming to see us. Brendan Boyle, 232 00:12:35,600 --> 00:12:40,079 Speaker 2: the congressman from Pennsylvania. Second, that's downtown Philadelphia, and the 233 00:12:40,200 --> 00:12:42,400 Speaker 2: ranking member on the Budget Committee for a little peak 234 00:12:42,440 --> 00:12:44,120 Speaker 2: behind the curtain on the way this is all going, 235 00:12:44,160 --> 00:12:48,040 Speaker 2: and clearly we don't really necessarily know. I'm Joe Matthew 236 00:12:48,280 --> 00:12:51,240 Speaker 2: on Bloomberg Radio, and we assemble our panel. Rick Davis 237 00:12:51,320 --> 00:12:55,880 Speaker 2: is here, Bloomberg Politics contributor and Republican strategist, joined today 238 00:12:55,880 --> 00:12:58,600 Speaker 2: by Lincoln Mitchell, the Democratic Analysts lecturer at the School 239 00:12:58,600 --> 00:13:02,520 Speaker 2: of International and Public Affairs at Columbia University. Lincoln also 240 00:13:02,520 --> 00:13:04,880 Speaker 2: writes a sub stack on baseball and politics. It's a 241 00:13:04,920 --> 00:13:06,400 Speaker 2: lot of fun called convincing with Lincoln. 242 00:13:06,440 --> 00:13:08,840 Speaker 3: Great to have both of you with us here. Rick, 243 00:13:09,000 --> 00:13:09,800 Speaker 3: I'll just start. 244 00:13:09,600 --> 00:13:11,280 Speaker 2: With the news at hand. I talked about a lot 245 00:13:11,280 --> 00:13:13,920 Speaker 2: with the Congressman. But as far as this Trump indictment goes, 246 00:13:13,960 --> 00:13:18,040 Speaker 2: there was an expectation around the country today that we might. 247 00:13:17,920 --> 00:13:18,800 Speaker 3: Get some news today. 248 00:13:18,800 --> 00:13:21,680 Speaker 2: They just emerged as attorneys from a meeting at the 249 00:13:21,679 --> 00:13:22,720 Speaker 2: Department of Justice. 250 00:13:23,400 --> 00:13:24,880 Speaker 3: He says it was productive. 251 00:13:25,520 --> 00:13:28,160 Speaker 2: He says that they explained in detail he did nothing 252 00:13:28,200 --> 00:13:32,040 Speaker 2: wrong and that an indictment would only further destroy our country. 253 00:13:32,040 --> 00:13:34,000 Speaker 2: What do you think really happened behind closed doors? 254 00:13:34,360 --> 00:13:34,520 Speaker 5: Oh? 255 00:13:34,559 --> 00:13:36,559 Speaker 6: I have no doubt some of that did happen. I mean, 256 00:13:36,679 --> 00:13:40,120 Speaker 6: this was their shot on Gold convinced the prosecutors that 257 00:13:40,480 --> 00:13:46,000 Speaker 6: the special counsel that he shouldn't be indicted. And this 258 00:13:46,080 --> 00:13:52,040 Speaker 6: is pretty routine behavior for a process like this, and 259 00:13:52,120 --> 00:13:54,720 Speaker 6: it is the last step before an indictment. And so 260 00:13:55,640 --> 00:13:59,440 Speaker 6: everything we're hearing coming out of that meeting different from 261 00:13:59,480 --> 00:14:02,600 Speaker 6: Donald Trump email is that the prosecutors told them we're 262 00:14:02,640 --> 00:14:06,720 Speaker 6: going to indict your client. And so I think that 263 00:14:07,559 --> 00:14:11,600 Speaker 6: we've probably got no other procedural barriers ahead of us, 264 00:14:11,640 --> 00:14:14,120 Speaker 6: and we'll be hearing from the special prosecutor soon. 265 00:14:14,160 --> 00:14:15,080 Speaker 1: I suspect, all. 266 00:14:15,040 --> 00:14:16,680 Speaker 2: Right, we'll have a lot more with Rick and with 267 00:14:16,800 --> 00:14:19,640 Speaker 2: Lincoln Mitchell our panel today. We'll take a deeper dive 268 00:14:19,720 --> 00:14:23,280 Speaker 2: on this and what's happening and not happening over the 269 00:14:23,280 --> 00:14:25,680 Speaker 2: next twenty four hours on Capitol Hill. It does look 270 00:14:25,720 --> 00:14:27,960 Speaker 2: like Washington will be a ghost town tomorrow. We'll take 271 00:14:28,000 --> 00:14:32,000 Speaker 2: a look at the punch lists coming up. This is 272 00:14:32,080 --> 00:14:34,880 Speaker 2: sound On only on Bloomberg. 273 00:14:37,280 --> 00:14:40,680 Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch the 274 00:14:40,680 --> 00:14:44,560 Speaker 1: program live weekdays at one Eastern on Bloomberg Radio, the 275 00:14:44,640 --> 00:14:48,000 Speaker 1: tune in app, Bloomberg Dot Com and the Bloomberg Business App. 276 00:14:48,120 --> 00:14:50,960 Speaker 1: You can also listen live on Amazon Alexa from our 277 00:14:51,000 --> 00:14:55,480 Speaker 1: flagship New York station, Just say Alexa play Bloomberg eleven thirty. 278 00:14:57,000 --> 00:14:58,280 Speaker 3: The headline on the terminal. 279 00:14:58,320 --> 00:15:01,880 Speaker 2: Trump team braces for a indictment over January sixth as 280 00:15:01,880 --> 00:15:07,200 Speaker 2: soon as Thursday. Thursday's Today, and then I read the truth. 281 00:15:07,400 --> 00:15:09,080 Speaker 3: It's only moments old. 282 00:15:10,480 --> 00:15:13,800 Speaker 2: Has what four hundred and fifteen likes now at oh 283 00:15:13,800 --> 00:15:16,920 Speaker 2: three thousand likes. My attorney's had a productive meeting with 284 00:15:16,960 --> 00:15:20,480 Speaker 2: the DOJ this morning, writes the former president, explaining in detail, 285 00:15:20,520 --> 00:15:23,360 Speaker 2: I did nothing wrong, was advised by many lawyers, and 286 00:15:23,360 --> 00:15:25,920 Speaker 2: then an indictment of me would only further destroy our country. 287 00:15:25,960 --> 00:15:29,040 Speaker 2: Here's the news, Well, here's what he says. 288 00:15:29,040 --> 00:15:29,600 Speaker 3: It is the news. 289 00:15:29,760 --> 00:15:33,160 Speaker 2: No indication of notice was given during the meeting, he writes, 290 00:15:33,240 --> 00:15:36,920 Speaker 2: Do not trust the fake news on anything. To reassemble 291 00:15:36,960 --> 00:15:41,720 Speaker 2: the panel, Rick Davis is here, Bloomberg Politics contributor Republican Strategists, 292 00:15:41,760 --> 00:15:44,560 Speaker 2: joined by Lincoln Mitchell, a Democratic analyst lecturer at the 293 00:15:44,600 --> 00:15:47,640 Speaker 2: School of International and Public Affairs at Columbia University Lincoln. 294 00:15:47,680 --> 00:15:49,360 Speaker 2: It's great to have you back. What do you think here? 295 00:15:49,800 --> 00:15:53,200 Speaker 2: As soon as Donald Trump says, no indication of notice, 296 00:15:53,280 --> 00:15:55,760 Speaker 2: don't trust fake news. Does that mean an indictment is 297 00:15:55,760 --> 00:15:56,560 Speaker 2: about to drop? 298 00:15:57,280 --> 00:15:58,720 Speaker 7: Well, thank you for having me back on. 299 00:15:59,160 --> 00:16:01,280 Speaker 8: I think what happened is his lawyers met with a 300 00:16:01,440 --> 00:16:04,040 Speaker 8: Justice Department and cleared everything up, and now they're dropping 301 00:16:04,040 --> 00:16:08,360 Speaker 8: the case. Now I'm joking about that. What strikes me here. 302 00:16:09,960 --> 00:16:10,800 Speaker 8: What strikes me. 303 00:16:10,800 --> 00:16:13,840 Speaker 7: Here is from that truth whatever that's called. 304 00:16:13,920 --> 00:16:16,320 Speaker 8: It's not a tweet, but that truth post that you read, 305 00:16:16,960 --> 00:16:19,960 Speaker 8: is that Donald Trump has one card to play, always right, 306 00:16:20,320 --> 00:16:23,240 Speaker 8: and that card is I'm the victim. Don't believe anything 307 00:16:23,240 --> 00:16:26,040 Speaker 8: you'd hear from anyone but me. Remember early in his presidency, 308 00:16:26,480 --> 00:16:29,120 Speaker 8: a supporter in Congress said, if it's critical of Donald Trump, 309 00:16:29,200 --> 00:16:32,120 Speaker 8: it's fake news. He has one card to play, but 310 00:16:32,280 --> 00:16:37,520 Speaker 8: that card is very powerful among his base. And look, 311 00:16:37,600 --> 00:16:39,920 Speaker 8: an indictment is indictment. There has to be a trial. 312 00:16:40,000 --> 00:16:42,160 Speaker 8: I am, like the congressman who was on earlier in 313 00:16:42,200 --> 00:16:44,760 Speaker 8: the show, much to my mother's chagrin, not an attorney. 314 00:16:44,760 --> 00:16:46,040 Speaker 8: So I'm not going to get into kind of what's 315 00:16:46,080 --> 00:16:49,800 Speaker 8: going on with the legal case there. But this is 316 00:16:49,800 --> 00:16:52,720 Speaker 8: the process we have to have. But regardless of where 317 00:16:52,760 --> 00:16:55,920 Speaker 8: this goes, his base and that's roughly the low ball 318 00:16:56,000 --> 00:16:59,160 Speaker 8: is probably thirty percent of the American people are going 319 00:16:59,200 --> 00:17:02,600 Speaker 8: to believe that he is innocent and he is the victim, 320 00:17:03,160 --> 00:17:07,280 Speaker 8: and that is potentially very destructive for the fabric of 321 00:17:07,320 --> 00:17:11,040 Speaker 8: the American polity, as the Trump movement always has been. 322 00:17:11,320 --> 00:17:13,959 Speaker 8: And what strikes me also is that, you know, Trump's 323 00:17:14,000 --> 00:17:16,080 Speaker 8: lawyers can say what they want, but the world knows, 324 00:17:16,080 --> 00:17:18,840 Speaker 8: and certainly in New York where I live, the world 325 00:17:18,920 --> 00:17:19,320 Speaker 8: really knows. 326 00:17:19,400 --> 00:17:20,200 Speaker 7: Trump can't get. 327 00:17:20,040 --> 00:17:22,840 Speaker 8: Good lawyers because he doesn't pay them. And you know, 328 00:17:22,920 --> 00:17:25,520 Speaker 8: a good grown up lawyer might say, listen, mister president, 329 00:17:25,960 --> 00:17:28,560 Speaker 8: you're in real trouble here. Maybe it's time to think 330 00:17:28,640 --> 00:17:32,000 Speaker 8: about cutting a deal. Maybe it's time to think about 331 00:17:32,040 --> 00:17:35,119 Speaker 8: working with this, because this could end up with you 332 00:17:35,200 --> 00:17:38,240 Speaker 8: behind bars. That is not impossible. I continue to say 333 00:17:38,240 --> 00:17:40,520 Speaker 8: I wouldn't bet on that, but it's no longer impossible. 334 00:17:41,040 --> 00:17:43,320 Speaker 8: And that's where things stands today. We don't know what's 335 00:17:43,359 --> 00:17:45,119 Speaker 8: going to happen in the next day, week, et cetera. 336 00:17:45,480 --> 00:17:49,840 Speaker 2: Donald Trump cutting a deal Rick in this world, well, 337 00:17:50,000 --> 00:17:51,640 Speaker 2: he is the master of the deal. 338 00:17:52,280 --> 00:17:53,359 Speaker 3: That's try something about that. 339 00:17:53,800 --> 00:17:55,959 Speaker 6: You can only assume that that's on the table, but 340 00:17:56,480 --> 00:18:00,600 Speaker 6: certainly every indication that he's giving and his campaign is giving, 341 00:18:00,880 --> 00:18:03,760 Speaker 6: is that he thinks this is good for his campaign. 342 00:18:03,800 --> 00:18:06,879 Speaker 6: He's running against the establishment, he's running against the deep state. 343 00:18:06,960 --> 00:18:09,760 Speaker 6: These are all actors in the deep state and the establishment, 344 00:18:10,359 --> 00:18:13,760 Speaker 6: and his narrative is strong, which is, you know, they're 345 00:18:13,800 --> 00:18:16,920 Speaker 6: trying to keep me from power, to keep me from 346 00:18:16,960 --> 00:18:19,879 Speaker 6: helping all of my supporters, all of you. I'm just 347 00:18:19,960 --> 00:18:23,359 Speaker 6: a vassal for your interests. And look, I mean, you 348 00:18:23,400 --> 00:18:25,520 Speaker 6: know that all goes away if he cuts a deal 349 00:18:25,560 --> 00:18:27,919 Speaker 6: with the deep state. He's now set it up to 350 00:18:27,960 --> 00:18:31,560 Speaker 6: be very difficult for him to backtrack, not because it's 351 00:18:31,640 --> 00:18:34,640 Speaker 6: not a bad idea to do, as Lincoln said, this 352 00:18:34,720 --> 00:18:38,040 Speaker 6: is kind of right down his alley, but he's making 353 00:18:38,080 --> 00:18:41,280 Speaker 6: it very difficult based on the ads that are being 354 00:18:41,320 --> 00:18:46,840 Speaker 6: produced by his super pack and his own social media 355 00:18:46,880 --> 00:18:51,560 Speaker 6: activity that he's just put himself into a very very 356 00:18:51,640 --> 00:18:55,200 Speaker 6: tight corner. And this isn't even the last shoe to drop. 357 00:18:55,640 --> 00:18:58,160 Speaker 6: We're still waiting to hear from the Georgia Grand juries 358 00:18:58,160 --> 00:19:01,359 Speaker 6: that exist. That's a harder to cut because you know, 359 00:19:01,400 --> 00:19:05,040 Speaker 6: he can't actually party himself if he's someday president for 360 00:19:05,160 --> 00:19:07,840 Speaker 6: state charges. So he's he's racking up a lot of 361 00:19:07,840 --> 00:19:10,560 Speaker 6: pain right now, and and frankly doing the one thing 362 00:19:10,560 --> 00:19:12,360 Speaker 6: that he should never do, which is getting the way 363 00:19:12,359 --> 00:19:16,159 Speaker 6: of Ronda Santis, you know, deconstructing his campaign. I mean, 364 00:19:16,200 --> 00:19:18,560 Speaker 6: Desanta's had the worst week in politics and Trump is 365 00:19:18,560 --> 00:19:19,280 Speaker 6: interrupting it. 366 00:19:19,840 --> 00:19:23,760 Speaker 2: Well, I'll tell you, we'll see how this goes. We're 367 00:19:23,800 --> 00:19:25,680 Speaker 2: going to talk a little bit more about Ronda Santis 368 00:19:25,720 --> 00:19:27,680 Speaker 2: in a couple of moments while we're while we're talking 369 00:19:27,680 --> 00:19:31,800 Speaker 2: about Donald Trump here and following our conversation with Congressman 370 00:19:31,840 --> 00:19:34,800 Speaker 2: Brendan Boyle Lincoln, I wonder does the dysfunction that we're 371 00:19:34,840 --> 00:19:37,840 Speaker 2: seeing in Washington spill over unto the campaign trail to 372 00:19:37,920 --> 00:19:40,919 Speaker 2: benefit one party or the other, or is that just 373 00:19:41,080 --> 00:19:43,640 Speaker 2: noise and what people already expect. 374 00:19:45,240 --> 00:19:48,240 Speaker 8: My inclination is that it's what people have come to 375 00:19:48,359 --> 00:19:49,560 Speaker 8: expect from Washington. 376 00:19:50,119 --> 00:19:52,359 Speaker 7: But I don't believe that's that's all of the truth. 377 00:19:52,440 --> 00:19:56,879 Speaker 8: There is a perception, I think, among not a not 378 00:19:57,000 --> 00:19:59,639 Speaker 8: a consensus, but a perception among probably a slim majority, 379 00:20:00,119 --> 00:20:02,640 Speaker 8: that it is the Republicans who are obstructing here. 380 00:20:02,800 --> 00:20:04,720 Speaker 7: That is what we've seen in previous times when we've 381 00:20:04,760 --> 00:20:05,080 Speaker 7: kind of. 382 00:20:05,040 --> 00:20:07,080 Speaker 8: Gone up to the edge of the shutdown, and I 383 00:20:07,119 --> 00:20:10,960 Speaker 8: think congresson Boyle explained exactly why that happens, but why 384 00:20:10,960 --> 00:20:12,560 Speaker 8: that has happened in the past and is likely to 385 00:20:12,600 --> 00:20:15,080 Speaker 8: happen again. But what strikes me and was strikes me 386 00:20:15,359 --> 00:20:17,399 Speaker 8: about Rick's comments with which I agree. I mean, I 387 00:20:17,440 --> 00:20:19,080 Speaker 8: was saying he would cut a deal if he were 388 00:20:19,160 --> 00:20:21,119 Speaker 8: kind of thinking as a smart strategist, but he's not. 389 00:20:21,160 --> 00:20:23,240 Speaker 8: He's thinking about, you know, staying in the headlines and 390 00:20:23,240 --> 00:20:26,320 Speaker 8: winning the primary. Is that what matters to the Republican 391 00:20:26,320 --> 00:20:29,919 Speaker 8: Party and to Donald Trump right now is not winning 392 00:20:30,000 --> 00:20:33,679 Speaker 8: general elections. This is not a Donald Trump's strategy is 393 00:20:34,280 --> 00:20:36,960 Speaker 8: win the primary, which he's likely to do, and then 394 00:20:37,040 --> 00:20:40,560 Speaker 8: be a disruptive force in the general election and perhaps 395 00:20:40,640 --> 00:20:42,399 Speaker 8: go back to where we were on January sixth of 396 00:20:42,480 --> 00:20:46,719 Speaker 8: twenty twenty one. The Republican Party's legislative strategy is have 397 00:20:46,880 --> 00:20:50,920 Speaker 8: enough power to block a Democratic president. And because of 398 00:20:50,960 --> 00:20:52,760 Speaker 8: the Electoral College, it means the race is always going 399 00:20:52,800 --> 00:20:54,480 Speaker 8: to be closer than it is. It's going to be 400 00:20:54,520 --> 00:20:58,159 Speaker 8: almost impossible to get a filipuster proof majority in the Senate, 401 00:20:58,280 --> 00:21:00,800 Speaker 8: and they control the Supreme Court. So it is clear 402 00:21:01,240 --> 00:21:03,600 Speaker 8: that what the Republicans are doing in Congress, and the 403 00:21:03,680 --> 00:21:05,719 Speaker 8: long word is not good for their party. What it 404 00:21:05,880 --> 00:21:09,200 Speaker 8: is good for if you're a Republican is fighting off 405 00:21:09,200 --> 00:21:12,640 Speaker 8: a primary challenger, and that, for most of these Republicans 406 00:21:12,680 --> 00:21:15,160 Speaker 8: is more important than governing or even having to win 407 00:21:15,160 --> 00:21:18,240 Speaker 8: a general election, because most of them don't have general elections. 408 00:21:18,600 --> 00:21:21,960 Speaker 2: Well, let's talk about the primary here for a moment. 409 00:21:22,000 --> 00:21:26,000 Speaker 2: We heard earlier today from Governor Christanunu from New Hampshire 410 00:21:26,040 --> 00:21:29,399 Speaker 2: was talking on CNN about the importance of the New 411 00:21:29,440 --> 00:21:31,240 Speaker 2: Hampshire primary, and of course it's up to him to 412 00:21:31,280 --> 00:21:33,160 Speaker 2: say that that's you know, he thinks kings are made 413 00:21:33,160 --> 00:21:33,600 Speaker 2: there and. 414 00:21:33,880 --> 00:21:35,280 Speaker 3: Never heard of a place called Iowa. 415 00:21:35,320 --> 00:21:37,359 Speaker 2: But it is looking like the first couple of the 416 00:21:37,400 --> 00:21:39,800 Speaker 2: states here are going to be as important as ever. 417 00:21:40,040 --> 00:21:41,879 Speaker 2: Listen to what he said, and we'll have you respond. 418 00:21:42,119 --> 00:21:43,880 Speaker 9: And I think he usly two or three more by 419 00:21:43,920 --> 00:21:46,840 Speaker 9: then drop out in the in the late October November timeframe, 420 00:21:46,840 --> 00:21:49,000 Speaker 9: because their polls are just sitting in single digits. And 421 00:21:49,119 --> 00:21:51,080 Speaker 9: right before Iowa, my guess is you're going to see 422 00:21:51,080 --> 00:21:54,120 Speaker 9: five people in the race something like that. After New Hampshire, 423 00:21:54,240 --> 00:21:55,480 Speaker 9: you got to get it down to one. 424 00:21:55,400 --> 00:21:58,720 Speaker 2: On one, one on one. After New Hampshire. If you 425 00:21:58,800 --> 00:22:02,120 Speaker 2: know New Hampshire politics better than you, Rick Davis. They 426 00:22:02,119 --> 00:22:03,760 Speaker 2: loved John McCain, Is he right? 427 00:22:04,840 --> 00:22:05,080 Speaker 1: Yeah? 428 00:22:05,119 --> 00:22:08,080 Speaker 6: I mean there is a culling down of the field 429 00:22:08,160 --> 00:22:12,359 Speaker 6: usually in Iowa. And I would say since the Iowa caucus, 430 00:22:12,760 --> 00:22:15,400 Speaker 6: since the Iowa Party got rid of the Ames Straw Pole, 431 00:22:15,480 --> 00:22:18,520 Speaker 6: which used to happen in the summer before the caucus. Uh, 432 00:22:18,800 --> 00:22:21,680 Speaker 6: we've lost one of those calling events, right that used 433 00:22:21,680 --> 00:22:25,359 Speaker 6: to actually wipe out quite a few campaigns. And yet, 434 00:22:26,040 --> 00:22:28,160 Speaker 6: whether you can have the ambition of a one on 435 00:22:28,160 --> 00:22:32,800 Speaker 6: one with likely Donald Trump after the New Hampshire Caucus, 436 00:22:32,800 --> 00:22:34,639 Speaker 6: I think that might be a little bullish, but it 437 00:22:34,720 --> 00:22:37,600 Speaker 6: definitely will win on the field. It's just a question 438 00:22:37,680 --> 00:22:40,679 Speaker 6: of how many other candidates are vying for the second 439 00:22:40,720 --> 00:22:43,040 Speaker 6: slot in order to compete against Donald Trump. But you 440 00:22:43,080 --> 00:22:46,560 Speaker 6: could have a situation where Donald Trump doesn't win Iowa 441 00:22:46,640 --> 00:22:49,800 Speaker 6: or New Hampshire and is a pretty wounded candidate going 442 00:22:49,840 --> 00:22:53,360 Speaker 6: into the to the next phase of the primaries. If 443 00:22:53,480 --> 00:22:57,000 Speaker 6: if he doesn't, if he does get some decent competition 444 00:22:57,080 --> 00:22:57,919 Speaker 6: between now and then. 445 00:22:58,359 --> 00:23:00,840 Speaker 2: Lincoln is christan who right about that? Imagine a one 446 00:23:00,880 --> 00:23:02,440 Speaker 2: on one coming out of New Hampshire by the way. 447 00:23:02,480 --> 00:23:07,080 Speaker 2: We almost saw that on the Democratic side last time. 448 00:23:07,280 --> 00:23:09,600 Speaker 2: Remember it was by the time Joe Biden got to 449 00:23:09,680 --> 00:23:11,800 Speaker 2: South Carolina, it was a different world. 450 00:23:11,880 --> 00:23:12,960 Speaker 3: Do you see that happening? 451 00:23:13,840 --> 00:23:16,240 Speaker 8: Well, Chris Nuanu is right in that that's the kind 452 00:23:16,240 --> 00:23:17,600 Speaker 8: of thing he has to say to get a job 453 00:23:17,640 --> 00:23:20,200 Speaker 8: on the national media as a pundit. Oka, He's wrong 454 00:23:20,280 --> 00:23:22,720 Speaker 8: in the sense of speaking accurately. I'm going to try 455 00:23:22,720 --> 00:23:25,280 Speaker 8: to say this as clearly as possible. Barring a major 456 00:23:25,280 --> 00:23:29,639 Speaker 8: health crisis, Donald Trump will be the Republican nominee. And 457 00:23:29,680 --> 00:23:32,040 Speaker 8: those of us, including Rick and I who you know, 458 00:23:32,080 --> 00:23:33,840 Speaker 8: we are pundits. We like to go on panels. We 459 00:23:34,080 --> 00:23:37,639 Speaker 8: live this stuff. We would like a better story that is, 460 00:23:37,880 --> 00:23:39,919 Speaker 8: but we also have a have an allegiance to tell 461 00:23:39,960 --> 00:23:43,240 Speaker 8: the truth. And Donald Trump has an overwhelming lead. He 462 00:23:43,320 --> 00:23:45,480 Speaker 8: is at over fifty percent in most polls. He is 463 00:23:45,520 --> 00:23:47,600 Speaker 8: beating the number two candidate who was running a terrible 464 00:23:47,600 --> 00:23:50,800 Speaker 8: campaign and flailing by two or three to one. And 465 00:23:50,840 --> 00:23:53,160 Speaker 8: it is much later in the process that people think, 466 00:23:53,200 --> 00:23:56,040 Speaker 8: first of all, by you know, basically, August first of 467 00:23:56,080 --> 00:23:58,520 Speaker 8: twenty fifteen, Donald Trump, twenty fifteen, Donald Trump at a 468 00:23:58,600 --> 00:23:59,440 Speaker 8: lead he never gave up. 469 00:24:00,000 --> 00:24:00,919 Speaker 7: August fifth, and twenty. 470 00:24:00,880 --> 00:24:03,480 Speaker 8: Nineteen, Joe Biden had a lead. He lost some early primaries, 471 00:24:03,560 --> 00:24:06,120 Speaker 8: but he had a lead that he basically never gave up. Secondly, 472 00:24:06,720 --> 00:24:08,840 Speaker 8: August versus much later in the process that it used 473 00:24:08,840 --> 00:24:11,880 Speaker 8: to be. Because all of this is accelerated, Donald Trump 474 00:24:11,920 --> 00:24:13,919 Speaker 8: will be the nominee. We want to tell a story. 475 00:24:14,200 --> 00:24:17,080 Speaker 8: Smart Republicans and I would put christ Nuna in that category, 476 00:24:17,480 --> 00:24:20,120 Speaker 8: know that it's the wrong thing to nominate Donald Trump. 477 00:24:20,160 --> 00:24:21,960 Speaker 8: It's going to hurt their party. So they want to 478 00:24:22,000 --> 00:24:24,640 Speaker 8: think of a path for a Tim Scott, a Nikki Hayley, 479 00:24:24,800 --> 00:24:28,480 Speaker 8: you know, and Assa Hutchinson. Sure, but this Trump has 480 00:24:28,600 --> 00:24:31,960 Speaker 8: is in such a strong position here. And I would 481 00:24:31,960 --> 00:24:33,800 Speaker 8: say the same thing. On the Democratic side, you know, 482 00:24:33,880 --> 00:24:36,159 Speaker 8: people are weaving out. I here Andrew Yang on some 483 00:24:36,280 --> 00:24:39,240 Speaker 8: bizarre fantasy on a podcast this morning talking about how 484 00:24:39,280 --> 00:24:41,840 Speaker 8: secretly the Democrats are telling people like Gavin Newsom that 485 00:24:42,000 --> 00:24:45,880 Speaker 8: Biden won't run and he's the guy that's nonsense. Biden 486 00:24:46,040 --> 00:24:49,720 Speaker 8: versus Trump is the election that almost nobody in America wants, 487 00:24:49,960 --> 00:24:52,560 Speaker 8: and borrowing the major health crisis for either person, That's 488 00:24:52,640 --> 00:24:54,080 Speaker 8: why we're going to get it again. 489 00:24:54,119 --> 00:24:56,560 Speaker 2: And as Lincoln says, the longer this drags out. It's 490 00:24:56,600 --> 00:24:58,440 Speaker 2: good for business for a lot of us, but we'll 491 00:24:58,480 --> 00:24:59,680 Speaker 2: give you the straight scoop here. 492 00:25:00,520 --> 00:25:04,040 Speaker 1: You're listening to the Bloomberg Sound on podcast. Catch us 493 00:25:04,080 --> 00:25:07,240 Speaker 1: live weekdays at one Eastern on Bloomberg dot com, the 494 00:25:07,320 --> 00:25:10,359 Speaker 1: iHeartRadio app, and the Bloomberg Business App, or listen on 495 00:25:10,480 --> 00:25:13,960 Speaker 1: demand wherever you get your podcasts. 496 00:25:13,760 --> 00:25:16,119 Speaker 2: Let's look at the results on the terminal when you 497 00:25:16,200 --> 00:25:19,960 Speaker 2: search the name DeSantis. Just a basic news search the 498 00:25:20,000 --> 00:25:23,800 Speaker 2: top three headlines. DeSantis plans major economic speech next week 499 00:25:24,160 --> 00:25:27,040 Speaker 2: as part of reset, DeSantis lays off a third of 500 00:25:27,080 --> 00:25:30,919 Speaker 2: staff and reboot of campaign. And Ron DeSantis uninjured in 501 00:25:31,040 --> 00:25:33,000 Speaker 2: car accident ahead of campaign event. 502 00:25:34,280 --> 00:25:35,640 Speaker 3: Sounds like a tough week. 503 00:25:37,080 --> 00:25:42,280 Speaker 2: As he embraces our FK Junior in the latest back 504 00:25:42,320 --> 00:25:47,080 Speaker 2: and forth. Here interesting knowing that our FK Junior, the 505 00:25:48,280 --> 00:25:53,800 Speaker 2: well the self labeled Democrat, is running for the Democratic nomination, 506 00:25:53,960 --> 00:25:56,520 Speaker 2: but he's become a bit of a trope for Republicans 507 00:25:57,080 --> 00:25:59,200 Speaker 2: who have fun with this whole thing. You just testified 508 00:25:59,240 --> 00:26:03,840 Speaker 2: last week for Jim Jordan's committee in the House, and 509 00:26:03,880 --> 00:26:06,800 Speaker 2: now Ron DeSantis says he thinks he might hire him 510 00:26:07,160 --> 00:26:09,919 Speaker 2: if he were to become president to run one or 511 00:26:09,920 --> 00:26:11,280 Speaker 2: two important agencies. 512 00:26:11,560 --> 00:26:12,920 Speaker 3: Here's what he said. 513 00:26:12,960 --> 00:26:14,960 Speaker 10: But there's a whole host of other things that he'd 514 00:26:15,000 --> 00:26:17,600 Speaker 10: probably be out of step with and so on that regard, 515 00:26:17,640 --> 00:26:20,760 Speaker 10: It's like, okay, if you're president, you know, sick him 516 00:26:20,760 --> 00:26:22,919 Speaker 10: on the FDA, if he'd be willing to serve or 517 00:26:22,920 --> 00:26:26,160 Speaker 10: sick him on CDC. But in terms of being veep, 518 00:26:26,359 --> 00:26:28,439 Speaker 10: if there's you know, seventy percent of the issues that 519 00:26:28,480 --> 00:26:30,520 Speaker 10: he may be a verse to our base on, you know, 520 00:26:30,560 --> 00:26:31,679 Speaker 10: that just creates an issue. 521 00:26:31,720 --> 00:26:33,960 Speaker 2: Okay, asked if you might you know, be a vice 522 00:26:34,000 --> 00:26:35,040 Speaker 2: presidential No, but I have. 523 00:26:35,080 --> 00:26:37,000 Speaker 3: Him run the CDC, the FDA. 524 00:26:37,200 --> 00:26:39,639 Speaker 2: Sick him, as he said, on the CDC. And it 525 00:26:39,640 --> 00:26:42,720 Speaker 2: brings me to this note today from Larry Sabada from 526 00:26:42,720 --> 00:26:47,240 Speaker 2: Sabado's Crystal Ball at the University of Virginia. And a 527 00:26:47,240 --> 00:26:51,720 Speaker 2: little something called the wine track versus beer track, a 528 00:26:51,760 --> 00:26:56,680 Speaker 2: handy construction, he says, coined by political analyst Ron Brownstein. 529 00:26:57,520 --> 00:27:00,000 Speaker 2: And you can imagine where we're going here. Donald Trump 530 00:27:00,160 --> 00:27:04,760 Speaker 2: tends to resonate with the beer track, leaving and opening 531 00:27:04,800 --> 00:27:07,640 Speaker 2: at least on paper for Ronda Santis to capture. 532 00:27:07,520 --> 00:27:08,760 Speaker 3: The wine track. 533 00:27:09,240 --> 00:27:12,720 Speaker 2: You can imagine this right, The beer track non college, 534 00:27:13,480 --> 00:27:20,840 Speaker 2: the wine track, college educated, c suite, white collar. You 535 00:27:20,880 --> 00:27:22,919 Speaker 2: get the point here, but it's not been working out 536 00:27:23,000 --> 00:27:27,200 Speaker 2: that way. In fact, the series of recent polls shows 537 00:27:27,240 --> 00:27:30,639 Speaker 2: that Donald Trump is winning the beer and wine track, 538 00:27:30,720 --> 00:27:36,120 Speaker 2: making many wonder again, what's the path for Ronda Santis. Certainly, 539 00:27:36,160 --> 00:27:38,760 Speaker 2: if you're not going to crack the thirty percent magabase, 540 00:27:38,840 --> 00:27:42,840 Speaker 2: that won't budge what's the path? We reassemble the panel. 541 00:27:42,920 --> 00:27:47,440 Speaker 2: Rick Davis, Bloomberg Politics contributor, Republican strategist, Lincoln Mitchell, Democratic analyst, 542 00:27:48,160 --> 00:27:51,200 Speaker 2: lecture of the School of International Public Affairs at Columbia University. 543 00:27:51,280 --> 00:27:52,640 Speaker 3: Rick, I loved. 544 00:27:52,400 --> 00:27:54,639 Speaker 2: Reading the Political Playbook this morning because it was all 545 00:27:54,640 --> 00:27:57,720 Speaker 2: about you as apparently the one man in American history 546 00:27:57,720 --> 00:28:01,520 Speaker 2: who managed to successfully reboot a presidential campaign. And we 547 00:28:01,560 --> 00:28:04,000 Speaker 2: remember that, as you said, going from first to last 548 00:28:04,040 --> 00:28:07,080 Speaker 2: to first when you were running John McCain's campaign. I 549 00:28:07,080 --> 00:28:09,320 Speaker 2: don't know when ron De Santis is gonna call you, 550 00:28:09,359 --> 00:28:11,600 Speaker 2: but what would you tell him if he did save 551 00:28:11,680 --> 00:28:12,200 Speaker 2: your quarter? 552 00:28:13,960 --> 00:28:17,600 Speaker 6: Look, I mean it's a very simple construct. You actually 553 00:28:17,640 --> 00:28:20,199 Speaker 6: have to say things that are relevant to Republican primary 554 00:28:20,280 --> 00:28:23,240 Speaker 6: voters and people who are voting in caucuses. In primaries 555 00:28:23,280 --> 00:28:25,960 Speaker 6: and places like Iowa, New Hampshire and South Carolina. I 556 00:28:26,000 --> 00:28:28,719 Speaker 6: think this whole idea of having this conversation that you 557 00:28:28,800 --> 00:28:32,680 Speaker 6: just mentioned about, you know, having a Kennedy in your administration, 558 00:28:33,200 --> 00:28:35,680 Speaker 6: you know, to do something like you know, CDC or 559 00:28:36,000 --> 00:28:40,440 Speaker 6: AHHS was best characterized by Mike Pence, who showed some 560 00:28:40,560 --> 00:28:43,560 Speaker 6: agility in this campaign that we weren't sure he had, 561 00:28:44,000 --> 00:28:45,680 Speaker 6: you know, which immediately comes out and says, well, why 562 00:28:45,720 --> 00:28:48,040 Speaker 6: would I appoint something like that? I'd pointed a pro 563 00:28:48,280 --> 00:28:52,160 Speaker 6: life person to head those agencies, and all of a sudden, 564 00:28:52,640 --> 00:28:55,040 Speaker 6: Santus looks like he forgot he was a Republican. 565 00:28:55,120 --> 00:28:57,000 Speaker 3: I mean, it was quite extraordinary. 566 00:28:57,040 --> 00:28:59,680 Speaker 6: So the first thing you had to do is, you 567 00:28:59,720 --> 00:29:02,040 Speaker 6: know it back, don't panic and say things that are 568 00:29:02,080 --> 00:29:04,520 Speaker 6: ripped off the headline every day, and actually think about 569 00:29:04,520 --> 00:29:07,080 Speaker 6: what your message is. You and I talked a while 570 00:29:07,160 --> 00:29:09,360 Speaker 6: ago about why isn't he talking about the economy and 571 00:29:09,400 --> 00:29:12,360 Speaker 6: he's just stuck on all this anti woke campaign when 572 00:29:12,400 --> 00:29:15,160 Speaker 6: the economy is what people actually care about. Well, you know, 573 00:29:15,280 --> 00:29:18,160 Speaker 6: now we find him. You know, I guess going to 574 00:29:18,200 --> 00:29:20,840 Speaker 6: finally give a speech after six months as a candidate 575 00:29:20,840 --> 00:29:23,000 Speaker 6: for president. You know, he's going to talk about the economy. 576 00:29:23,040 --> 00:29:25,719 Speaker 6: So whether he can get there or not, I don't know. 577 00:29:25,760 --> 00:29:29,080 Speaker 6: But there are some indications that he is off track, 578 00:29:29,200 --> 00:29:31,920 Speaker 6: and a few that indicate that he might be seeing 579 00:29:31,960 --> 00:29:32,240 Speaker 6: the light. 580 00:29:32,480 --> 00:29:35,400 Speaker 2: Forget the beer or the wine track Lincoln. That tweet 581 00:29:35,600 --> 00:29:40,400 Speaker 2: that Rick Davis refers to from Mike Pence, he says, 582 00:29:40,400 --> 00:29:43,000 Speaker 2: when I'm president, I will only consider pro life Americans 583 00:29:43,000 --> 00:29:45,840 Speaker 2: to lead FDA, CDC, or HHS. To be clear, pro 584 00:29:45,880 --> 00:29:50,080 Speaker 2: abortion democrats like RFK Junior would not even make the list. 585 00:29:51,000 --> 00:29:53,040 Speaker 2: How does Ron DeSantis keep stepping in it? 586 00:29:54,840 --> 00:29:57,160 Speaker 8: Ron DeSantis keep stepping in it because he's not a 587 00:29:57,280 --> 00:30:00,960 Speaker 8: very good politician who was unburdened by any charisma or 588 00:30:01,040 --> 00:30:03,680 Speaker 8: real understanding of the American people, even the of the 589 00:30:03,720 --> 00:30:09,479 Speaker 8: Republican Party National HICHO or something he's If I were 590 00:30:09,480 --> 00:30:11,760 Speaker 8: advising Ron DeSantis, I should. 591 00:30:11,480 --> 00:30:14,120 Speaker 7: Say this clearly. My children would stop speaking to me, 592 00:30:14,680 --> 00:30:16,720 Speaker 7: my wife would divorce me, and my mother would leave 593 00:30:16,720 --> 00:30:17,600 Speaker 7: all the money to the dog. 594 00:30:17,800 --> 00:30:20,640 Speaker 8: But if I were doing that, I would tell him, 595 00:30:21,000 --> 00:30:22,880 Speaker 8: prepare to run in twenty twenty eight, go back and 596 00:30:22,880 --> 00:30:24,840 Speaker 8: show the world you could be a good governor of Florida. 597 00:30:25,440 --> 00:30:28,040 Speaker 8: The problem with DeSantis is that he's gotten too far 598 00:30:28,120 --> 00:30:31,480 Speaker 8: down this kind of maga rabbit hole. But Trump owns 599 00:30:31,520 --> 00:30:34,920 Speaker 8: the contents of that rabbit hole. His campaign is boiled down. 600 00:30:34,800 --> 00:30:35,280 Speaker 7: Thus far too. 601 00:30:35,320 --> 00:30:37,160 Speaker 8: And I'm going to paraphrase what Joe Biden said about 602 00:30:37,200 --> 00:30:40,560 Speaker 8: Rudy Giulianio, what about fifteen years ago subject verb anti 603 00:30:40,600 --> 00:30:43,719 Speaker 8: woe And if that's the laying you're in, there's simply 604 00:30:43,760 --> 00:30:46,520 Speaker 8: not enough people there who aren't already committed to Trump. 605 00:30:47,200 --> 00:30:50,640 Speaker 8: He is also, I'm reminded, I would add a couple things. 606 00:30:51,280 --> 00:30:56,000 Speaker 8: Most Americans do not want Robert F. Kennedy Junior running 607 00:30:56,000 --> 00:30:58,680 Speaker 8: the CDC Republicans. I mean, Pence is a very good 608 00:30:58,720 --> 00:31:02,000 Speaker 8: point if you're talking to Republican but most Americans would 609 00:31:02,040 --> 00:31:06,360 Speaker 8: like someone with some medical background running the CDC. Perhaps 610 00:31:06,480 --> 00:31:09,080 Speaker 8: you know, different views on masks or abortion rights. But 611 00:31:09,120 --> 00:31:11,560 Speaker 8: maybe somebody who passed the high school biology class. That's 612 00:31:14,200 --> 00:31:20,080 Speaker 8: exactly for someone like Bobby Kennedy. However, I believe he 613 00:31:20,120 --> 00:31:22,600 Speaker 8: has a very good shot of being Trump's vice president 614 00:31:23,040 --> 00:31:27,400 Speaker 8: because Trump doesn't care about ideology. DeSantis and Pence are 615 00:31:27,680 --> 00:31:31,640 Speaker 8: clumsy as DeSantis has been embedded in the conservative ideology 616 00:31:31,680 --> 00:31:34,200 Speaker 8: of the Republican Party, and they're trying to navigate that 617 00:31:34,320 --> 00:31:38,200 Speaker 8: Namaga world. Trump has always been very ideologically all over 618 00:31:38,200 --> 00:31:40,680 Speaker 8: the place, and he's of a generation and a temperament 619 00:31:40,720 --> 00:31:42,880 Speaker 8: and an outlook where he's still drawn in by the 620 00:31:42,960 --> 00:31:45,880 Speaker 8: Kennedy name. So I wouldn't be surprised if we see 621 00:31:46,080 --> 00:31:48,400 Speaker 8: a Trump Kennedy ticket. 622 00:31:48,680 --> 00:31:49,720 Speaker 7: But I don't think. 623 00:31:50,440 --> 00:31:52,800 Speaker 8: I think, said DeSantis. Reminds me of Al Gore in 624 00:31:52,880 --> 00:31:55,680 Speaker 8: nineteen eighty eight. Do you remember this campaign. Everyone thought 625 00:31:55,720 --> 00:31:58,840 Speaker 8: he was the perfect candidate, good looking guy from the South. 626 00:31:58,960 --> 00:32:02,320 Speaker 8: This was before he had run Clinton. You know, conservative senator, 627 00:32:02,400 --> 00:32:04,680 Speaker 8: good military record, and he got in front of the 628 00:32:04,760 --> 00:32:08,200 Speaker 8: voters and he just was wooden with no charisma. Now 629 00:32:08,240 --> 00:32:10,600 Speaker 8: Gore remained that way throughout the rest of his political career. 630 00:32:11,200 --> 00:32:12,280 Speaker 7: They said us a little bit like that. 631 00:32:12,320 --> 00:32:15,280 Speaker 8: He looked really good in November twenty twenty two when 632 00:32:15,320 --> 00:32:16,360 Speaker 8: the country haven't seen him. 633 00:32:16,360 --> 00:32:19,480 Speaker 2: And there's a long list of Jeb Bush, Scott Walker. 634 00:32:20,240 --> 00:32:22,560 Speaker 3: We've seen this movie before, Rick. 635 00:32:22,520 --> 00:32:26,200 Speaker 2: Davis, Lincoln Mitchell won't take the job. Neither of them 636 00:32:26,360 --> 00:32:29,080 Speaker 2: save the quarter, said Rick. Maybe that'll be in the 637 00:32:29,120 --> 00:32:33,000 Speaker 2: playbook tomorrow. I'm Joe Matthew. This is sound on only 638 00:32:33,040 --> 00:32:36,920 Speaker 2: on Bloomberg Radio. As Washington tries to get its arms around. 639 00:32:36,920 --> 00:32:38,600 Speaker 2: Forget Crypto, forget AI? 640 00:32:38,800 --> 00:32:43,680 Speaker 3: How about UFOs? It's next. This is Bloomberg. 641 00:32:46,680 --> 00:32:50,080 Speaker 1: You're listening to the Bloomberg Sound On podcast. Catch the 642 00:32:50,080 --> 00:32:54,000 Speaker 1: program live weekdays at one Eastern on Bloomberg Radio, the 643 00:32:54,040 --> 00:32:57,360 Speaker 1: tune in app, Bloomberg dot Com, and the Bloomberg Business App. 644 00:32:57,520 --> 00:33:00,400 Speaker 1: You can also listen live on Amazon Alexa from our 645 00:33:00,400 --> 00:33:05,120 Speaker 1: flagship New York station. Just say Alexa Play Bloomberg eleven thirty. 646 00:33:06,640 --> 00:33:11,400 Speaker 2: Close Encounters of the DC kind picture three former military 647 00:33:11,440 --> 00:33:13,760 Speaker 2: officers at the tables and they're in the hearing room. 648 00:33:13,760 --> 00:33:19,760 Speaker 2: They're testifying before the House Oversight Subcommittee on Encounters with 649 00:33:19,920 --> 00:33:25,680 Speaker 2: Unexplained Flying Objects UFOs. Ryan Graves, a former Navy fighter pilot, 650 00:33:26,120 --> 00:33:31,760 Speaker 2: city witnessed flying objects demonstrating complex maneuvers couldn't explain. Retired 651 00:33:31,840 --> 00:33:35,600 Speaker 2: Navy commander David Freivor describe an encounter with a T 652 00:33:36,000 --> 00:33:39,560 Speaker 2: shaped object. Why are they always shaped like tic TACs? Now, 653 00:33:40,760 --> 00:33:44,360 Speaker 2: and former intelligence official David Rush owned the day describing 654 00:33:44,720 --> 00:33:48,960 Speaker 2: a secret government program to assess wreckage from Yes UFOs. 655 00:33:49,040 --> 00:33:52,000 Speaker 2: Listen to Rush with Congresswoman Nancy Mays. 656 00:33:52,560 --> 00:34:01,120 Speaker 11: Do you believe our government has made contact with intelligent extraterrestrials. 657 00:33:58,840 --> 00:34:01,040 Speaker 5: Something I can't discuss in public setting. 658 00:34:03,800 --> 00:34:07,320 Speaker 11: Okay, I can't ask when you think this occurred? If 659 00:34:07,320 --> 00:34:10,759 Speaker 11: you believe we have crashed craft? Uh stated earlier, do 660 00:34:10,840 --> 00:34:13,640 Speaker 11: we have the bodies of the pilots who piloted this craft? 661 00:34:14,640 --> 00:34:17,240 Speaker 3: As I've stated publicly already in my News Nation interview, 662 00:34:17,480 --> 00:34:19,920 Speaker 3: biologics came with some of these recoveries. 663 00:34:20,000 --> 00:34:24,840 Speaker 11: Yeah, biologics were they, I guess human or non human? 664 00:34:24,880 --> 00:34:28,280 Speaker 3: Biologics of biologics non human? And that was the assessment 665 00:34:28,320 --> 00:34:30,640 Speaker 3: of people which recknowledge on the program I talk to 666 00:34:30,719 --> 00:34:33,480 Speaker 3: that are currently still on the program non human. 667 00:34:34,000 --> 00:34:36,960 Speaker 2: Rick Davis Lincoln Mitchell. I don't know what to do 668 00:34:37,000 --> 00:34:39,240 Speaker 2: with this, Rick, is the government really hiding this stuff? 669 00:34:39,280 --> 00:34:40,200 Speaker 2: When do we find out? 670 00:34:41,000 --> 00:34:43,400 Speaker 6: Let us into area fifty one? 671 00:34:43,680 --> 00:34:44,040 Speaker 2: Come on? 672 00:34:44,480 --> 00:34:46,719 Speaker 6: I mean, like if I told you I'd have to 673 00:34:46,800 --> 00:34:47,560 Speaker 6: kill you answer? 674 00:34:47,640 --> 00:34:48,000 Speaker 3: Come on? 675 00:34:48,360 --> 00:34:48,560 Speaker 8: Right? 676 00:34:49,000 --> 00:34:50,959 Speaker 6: I mean, like you know you're sitting there, you're telling 677 00:34:51,000 --> 00:34:53,560 Speaker 6: us there's you know, crashes that have occurred, that we 678 00:34:53,640 --> 00:34:57,360 Speaker 6: have biologics. I mean, our imaginations are just going to 679 00:34:57,440 --> 00:34:58,880 Speaker 6: run rampant all weekend. 680 00:34:58,920 --> 00:35:00,160 Speaker 2: Can we clear this up? 681 00:35:00,360 --> 00:35:03,440 Speaker 6: Don't adjourn have Congress a special sash. 682 00:35:03,440 --> 00:35:05,600 Speaker 2: Hold these people over the weekend, Lincoln, I only have 683 00:35:05,640 --> 00:35:08,240 Speaker 2: thirty seconds. Do you believe the Pentagon could actually hide 684 00:35:08,239 --> 00:35:09,040 Speaker 2: such information? 685 00:35:10,239 --> 00:35:12,560 Speaker 8: I don't think the Pentagon would be able to succeed 686 00:35:12,600 --> 00:35:15,719 Speaker 8: in keeping something like that from the American I don't 687 00:35:15,719 --> 00:35:16,160 Speaker 8: really know. 688 00:35:16,200 --> 00:35:19,000 Speaker 7: What's going on here. It's fascinating. I hope you learn more. 689 00:35:19,040 --> 00:35:19,560 Speaker 3: That's the thing. 690 00:35:19,560 --> 00:35:21,200 Speaker 2: We all want it to be true, don't we, well, 691 00:35:21,239 --> 00:35:26,080 Speaker 2: some of us solutely. Thanks for listening to the Sound 692 00:35:26,120 --> 00:35:28,760 Speaker 2: on podcast. Make sure to subscribe if you haven't already, 693 00:35:28,800 --> 00:35:31,719 Speaker 2: at Apple, Spotify, and anywhere else you get your podcasts, 694 00:35:32,080 --> 00:35:34,760 Speaker 2: and you can find us live every weekday from Washington, 695 00:35:34,840 --> 00:35:40,120 Speaker 2: DC at one pm Eastern Time at Bloomberg dot com