May 16, 2025 • 49 mins
THE WAR ROOM WITH STEPHEN K. BANNON
HOUSE BUDGET COMMITTEE MARK UP, ONE BIG BEAUTIFUL BILL
GUESTS:
TEJ GILL
DAVE BRAT
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Right.
Speaker 2 (00:00):
In fact, the tex says three hundred billion dollars is
to be cut from this vital food assistance program, which
can lead to eleven million people going hungry. Democrats said
that this bill was going to kick people off MEDICAI.
Looks like we were right about that too. The bill
cut seven hundred and fifteen billion dollars to the program,
and we'll kick thirteen point seven million Americans losing healthcare.
(00:24):
Democrats said that the tax cuts we'll be going.
Speaker 3 (00:27):
To the rich.
Speaker 2 (00:27):
We were right again, if enacted by twenty twenty seven
individuals making over one pick.
Speaker 4 (00:34):
You're hearing the live stream of the Budget committee as
they go through billion dollars try to get this budget
at least learned at a committee. Right now, we understand
there's a minimum of three maybe four Republican knows, including
some of the biggest deficit hawks, are saying, hey, the
math doesn't work here. We've got to get back and
start work over the weekend. This is a key component.
(00:57):
President Trump's coming back tonight here right I think near
midnight tonight he'll be on this.
Speaker 5 (01:02):
Over the weekend.
Speaker 4 (01:03):
We're gonna be going in and out of this committee
to see if it doesn't get out of committee, they're
going to go back.
Speaker 5 (01:08):
There's a lot more work to do.
Speaker 4 (01:10):
I tend to agree with the Hawks that right now
this maths doesn't come close to working.
Speaker 5 (01:14):
They've got to get serious. Here's what we're gonna do.
We're going to We're gonna come in and out of
the Budget Committee during the day.
Speaker 4 (01:20):
We got a great cold open a President Trump's triumphant
tour and visit in the Middle East. We're gonna start
with that. We got a pack show today. Let's go
ahead and let it.
Speaker 6 (01:28):
Rep We're making great progress toward the one point four
(03:24):
trillion dollars that UAE.
Speaker 7 (03:27):
Has announced that it intends to spend in the United
States over the next couple of years. Yesterday, the two
countries also agreed to create a path for UE to
buy some of the world's most advanced AI semiconductors from
American companies, a very big contract. This will generate billions
and billions of dollars in business and accelerate the UE's
(03:50):
plans to become a really major player in artificial intelligence.
Speaker 3 (03:54):
And I read where.
Speaker 7 (03:57):
The oil and gas and its great, but you're going
to have equally big and maybe even bigger at some
point you'll be surpassing it with AI and other and
other businesses. So it's uh, that's a great tribute to
the job you've done here.
Speaker 3 (04:28):
That's great.
Speaker 8 (04:30):
Listen about co's like like in the old just a
lot heavier for so your lessons to people are all dae.
Speaker 5 (04:42):
Well, it's just a message of unity.
Speaker 7 (04:44):
When you look at what we've just seen, it's great unity,
great paid. They are incredible people with a tremendous leader.
Speaker 3 (04:53):
Who's a friend of mine.
Speaker 9 (04:58):
Thank you very much.
Speaker 7 (05:22):
We just reached a fantastic, great deal as you know
with the United Kingdom, which was wonderful, and do we
have another big one that we just reached with China.
China deal is a very big deal. It's in the
process of continuing to be formed, but they wanted to
make that deal very badly. And we have at the
(05:43):
same time one hundred and fifty countries that want to
make a deal. But you're not able to see that
many countries. So at a certain point over the next
two to three weeks, I think Scott and Howard we'll
be sending letters out essentially telling people it would be
very fair, but we'll be telling people what they'll be
paying to do business in the United States, so essentially
(06:05):
be paying to be doing business in the United States.
I guess you could say they could appeal it, but
for the most part, I think we're going to be
very fair. But it's not possible to meet the number
of people that want to see us.
Speaker 5 (06:45):
This is the final scream of a dying regime.
Speaker 4 (06:50):
Pray for our enemies, because we're going to medieval on
these people. You're not going to free shot all these
networks lying about the people, the people a belly full
of it.
Speaker 5 (07:01):
I know you don't like hearing that. I know you've
tried to do everything in the world to stop that,
but you're not going to stop it. It's going to happen.
Speaker 3 (07:06):
And where do people like that go to share the
big line? Mega media?
Speaker 9 (07:11):
I wish in my soul, I wish that any.
Speaker 5 (07:14):
Of these people had a conscience. Ask yourself, what is
my task and what is my purpose?
Speaker 4 (07:20):
If that answer is to save my country, this country
will be saved.
Speaker 10 (07:26):
Wor use your host Stephen k Man.
Speaker 4 (07:35):
Friday, sixteen May, year of Verlert, twenty twenty five. There
are decades in which nothing happens, and there are weeks
in which decades happen. We're living through this the week
this what second week of second week of May in
the ear of Ward twenty twenty five, just absolutely credible.
President Trump simultaneously reordering the relationships in the Middle East
(08:03):
that really haven't changed.
Speaker 5 (08:05):
This is so fundamentally goes.
Speaker 4 (08:07):
Back to World War One when the Arabs with the
British Army, Lawrence of Arabia, the Arab Army and General Allenby
took Jerusalem and then took Damascus. Psychs Pico got arranged,
which divided up the whole Middle East, drew new lines
between the French the great powers.
Speaker 5 (08:25):
It's kind of existed there.
Speaker 4 (08:27):
We said yesterday we had ed Lusan talking about the
nineteen seventies all embargo, that Arab or embargo, all of
a sudden Middle East came back front and center into
American life, which it had not done really ever. And
then the Iranian hostage crushes, the Persian hostage crushes ended
the seventies. And here right now President Trump just breaking
(08:50):
all norms. The thing to focus on he is leading.
He's saying, look, economics, prosperity can lead to peace. People
are incentivize and have skin in the game. They will
have peace. It's the best way to piece. Now, there's
a lot of things that people are unhappy about, are
(09:10):
uncomfortable about, us should say we'll see how those work
a time. One of the ones is particularly something a
country like cutter.
Speaker 5 (09:17):
It now looks like front and center of all this.
Speaker 4 (09:19):
But he ended as I think it was very smart
to end with MBZ and the UAE MBZ Mohammed ben
zaiaed the strongest aline, that's the strongest ally, someone held
in great respect, that punch his way above their way.
And you can see the respect President Trump had, and
some of those ceremonies are deeply profound of what the
(09:43):
Arab nations were doing, deeply profound of what they think
of President Trump as a man, as a leader, as
a leader of a country that has stick to adiness.
I think the drift of Biden in Obama and Bush
Clinton reversed started. We started at a small scale in
(10:05):
the first term because we weren't prepared in the fact
that we didn't have time to pull teams together and
have years to do this research. It was a kind
of a comfort behind victory. But the four years the
President Trump spent in the wilderness It's going to become
quite symbolic. People will talk about that one hundred years
from now. What President Trump thought about, what he learned,
(10:26):
what he observed, and now what he's putting in place extraordinary.
At the same time, President Trump is saying, hey, there's
one hundred and fifty, one hundred and fifty countries that
Commerce Department treasurer all over of making deals, and he
kind of put them on the clock. Yo, boys, got
a couple of weeks. We're just not going to drag
all this out. Let's get focused. You're you're not going
(10:50):
to You're not going to be the gating event for
the United States of America. If if it's not done,
guess what you're going to pay tariffs?
Speaker 5 (10:56):
You don't sell.
Speaker 4 (10:57):
If you don't decide to sell here, fine take it
somewhere else. At the same time, working on these major
deals in East Asia with Japan, Korea, Philippines, Vietnam, Taiwan, India,
and the Indo Pacific just absolutely extordinate, breathtaking. We started,
and I wanted to start today because we love showing
(11:19):
you both the high geopolitical and geostrategic but then get
into the bows of it, the nuts and bolts and
right now in the Budget Committee. As we've said, we
support President Trump's priorities here. We just think that this
whole mish mash, and this plays to Johnson. You're seeing
two types of leadership. President Trump stepping into the breach.
(11:40):
Here's how it's going to be. Bringing people together. But
people have a sense of stability, and you have these
you have these munchkins over here on the left kind
of nipping at his heels. But then you have the
house with Johnson and I having a career and making
deals at Goldman Saxs in my own firm.
Speaker 5 (12:00):
It doesn't help to tap.
Speaker 4 (12:01):
People along and kind of mislead them about what's really
in there and hope it all comes together at the
end because you have a time constraint.
Speaker 5 (12:09):
It's just not the way. It's not the way President
Trump rolls.
Speaker 4 (12:11):
It's certainly not the way that you're taught and trained
to get complex transactions done. And here we are here,
we aren't a Friday and a budget committee, and he's
got i don't know, for people who are kind of
hard nosed, and those people have a lot of credibility
in this regard. These are people that have historic concerns
(12:33):
about deficits, and it's just the math we're getting in
the math that's coming out from independent sources show that
there hasn't been enough true focus on cutting and where
there has been cutting in medicaid has been quite frankly
all over the map. And so that's why this thing,
it's no need to force something that's terrible just to
(12:55):
get it through because you're on some sort of deadline.
Is to get something that works, and then you get
over to the tax side. I don't think one of
President Trump's priorities is no tax on social security. This
four thousand dollars for retirees is not no tax on
(13:15):
social security. No tax on social security means wait for it,
watch read my lips. Is that would bush no tax
on social security. But that's just one of many of
the problems over there in the tax side. So this
thing's going together now, President Trump. Here's my concern with this.
President Trump is redoing the commercial relationships of the world.
Speaker 5 (13:36):
He's bringing world peace.
Speaker 4 (13:37):
Remember, the first part of this is stopped the kinetic
part of the Third World War.
Speaker 5 (13:41):
The second part.
Speaker 4 (13:42):
Of this is to seal the border and deport ten
million illegal alien invaders. Which you saw at the court
and Josh hammerby on later to talk about that. The
third is to get all this this economic model, financial model,
this fiasco he was dumped on. So now having spent
four days, change the direction of the world and particularly
(14:02):
and tamping down the Third World War, both the nuclear
weapons with Persia, they got the Ukrainians talking in is
Dan Bull right now.
Speaker 5 (14:09):
With the Russians.
Speaker 4 (14:10):
He's he's got the tariff to totally redoing of the
commercial relationships of the world. Fifty companies and countries include
the Chinese comedies party.
Speaker 5 (14:18):
He flies back, He gets back near midnight tonight.
Speaker 4 (14:21):
And I will tell you that it is a brutal
flight back on a very uncomfortable aircraft that happens to
be a military command center. It's not a luxury aircraft.
He gets back and what is he don's what's what's
he got? He's got a fiasco created by Johnson and
these clowns in the house that he's going to have
to sort out. Can anybody do anything that they don't
(14:41):
need to depend upon Trump? Can anybody just accomplish something
and say, hey, you gave us marching orders, here's.
Speaker 5 (14:48):
What we did. We don't need you involved.
Speaker 4 (14:51):
Because now solving the problems of the world, he's got
to solve the problems of the Republican Party.
Speaker 5 (14:55):
Up on the hill, short break, here's your host, Stephen
k back.
Speaker 4 (15:05):
Uh Semopore's got a great article about the bond market,
about the ten year treasury pushing up near four point
five percent. Maybe over they're going to get a vote.
We talk about the Liz Trust situation. That's not gonna happen,
but it's reacting not to the trade deals, it's reacting
to the spending.
Speaker 5 (15:23):
Let's let's be honest about this. Birch Gold dot Com.
Speaker 4 (15:27):
The Road to Rio, the Rio Reset seventh free installment,
get it, read it. We're gonna have the Road to
Rio every other day from now until actually real. The
bricks nations, many of whom are not our friends, are
there to figure out how to get off the US dollar.
Speaker 5 (15:44):
Make sure you understand that.
Speaker 4 (15:45):
Make sure you understand the price of why, the process
of why gold is a hedge. Birch Gold dot com
promo code Bannon check it out. Get to know Philipatrick
and the team.
Speaker 5 (15:56):
They're the Budget Committee.
Speaker 4 (15:57):
As soon as we see something fascinating and if Grace
you livestream that on the other channels people can dip
in and out of it. We will, we're monitoring it
right now. Four no votes on the committee itself by Republicans.
That means it's a if that was the whole it
doesn't come out of committee. We'll have to see what
happens to the all day I think it's an all
day markup. But the mass still doesn't work. But we'll
(16:17):
figure out. Maybe they come up with some solutions. Who knows,
they've got a thing called reverse the Curse. It's a
Jimmy Madison James Madison quote that a public debt is
a public curse. Do you think they were a little divided,
And this is what I said, don't think the Founding
father the Revolutionary generation, the Founding Fathers, it was a
group hug.
Speaker 5 (16:36):
No, it was not.
Speaker 4 (16:37):
There were many of those guys that hated each other.
Hate it, good old fashioned old testament hate. Hamilton and Jefferson,
Jefferson and Adams. Jimmy is saying that, hey, public debt's
a public curse. They've got a thing going on, reverse
the curse over the Budget Committee to try to figure
out this national debt. Hamilton was the one that was
(17:00):
a contrarian said, no, if we want to become a
manufacturing superpower, we have to have credit. The way we
have creditors, we roll up all the revolutionary debts from
the States, make it one big thing, and then start
refinancing it in global capital markets. Remember, the American Revolution
started about taxes paying for the French and Indian War.
The British Parliament thought we ought to throw a little
(17:22):
something into the kitty. The Americans thought, we already threw
enough into the kitty, and to win our revolution we
needed a big assist by the French. The French went
doing it because they loved us. They were doing it
because they were at war with England. And the payment
and figuring out how to pay for those bonds is
what brought on the French Revolution. So this is all interconnected, folks.
(17:46):
The Budget Committee today tays, Gail, you spent correct me
if I'm wrong, brother, sixteen deployments as a gunman for
the United States in six interac ten in Afghanistan as
a tip of the spear combat veteran. Your assessment of
President Trump's tour of the Middle East this week, sir.
Speaker 3 (18:10):
Yeah, that's right, Steve.
Speaker 11 (18:13):
I was going back and forth between our ack in
Afghanistan between two thousand and one up until twenty fourteen,
and I am very excited about what Trump's doing in
the Middle East. The problem with the wars in the
Middle East is we're not allowed to win them.
Speaker 3 (18:27):
They just they're forever wars. They just go on forever.
Speaker 11 (18:31):
And at one time we were catching the same terrorists
on one deployment. We would catch them multiple times because
it was it got turned into a catch and release
program because the politics were so heavy and during the
war and at the beginning of the war, I was
so gung ho to go over there, one because I
was a young seal and I wanted to get into combat,
(18:52):
but two because of nine to eleven. And then around
the time Benghazi happened, I saw I started I started
realizing that.
Speaker 3 (19:00):
There was a lot of politics in these wars. It
shouldn't be there.
Speaker 11 (19:03):
And I saw Trump said, we're done with nation building
and we're done with telling people how to live.
Speaker 3 (19:09):
That's amazing, because we're doing it all wrong.
Speaker 11 (19:12):
We start the nation building and we start telling people
how to live their lives. During the middle of the war,
we're supposed to win the war and then bring peace,
and then we could nation build, and then we.
Speaker 3 (19:25):
Could influence people how to live. But we try to
do it all at.
Speaker 11 (19:29):
Once, it doesn't work out, and it's just a money
making machine for the military industrial complex, which Eisenhower warned
us about at the end of World War Two.
Speaker 3 (19:39):
That's all these wars about.
Speaker 11 (19:42):
I saw the welcome Trump got in sada Arabia and
the United Arab Emirates and Qatar, and it was amazing.
They're calling him the president of presidents, the king of kings,
the president of the world.
Speaker 3 (19:54):
He's exactly right.
Speaker 11 (19:55):
We need to let these people live their lives how
they want and the way we should be showing. We
should actually be showing them how to live instead of
telling them how to live.
Speaker 3 (20:06):
We need to focus on America. We need to make
America thrive.
Speaker 11 (20:11):
We need to make this place the ultimate place for
prosperity for Americans and freedom for Americans. And that's how
you show other people how to live, and then they
will they will by us leading by example, they will
want to become like us. Instead of going over there
invading them, not winning, and then trying to force them
(20:33):
our policies on them through the state Department and the
USA I D.
Speaker 3 (20:37):
And that's what we've been doing for decades.
Speaker 11 (20:39):
And it does in the policies, and the polities are
all lgbt the policies are all LGBTQ.
Speaker 4 (20:46):
And is all this all this progressive will crap that
these cultures are just not going to take? Does it
concern you I'm going to turn to coffee in a second.
Does it concern you that some of the nations that
were underwriting the worst extremest elements of radical jiha? Do
you think they've corrected themselves? Do you think they're not
doing that? I mean, you were fighting over there, bad
(21:06):
own Braids that got money from from a lot of
these guys, particularly Cutter.
Speaker 5 (21:11):
Are you in certain elements in Saudi Arabia? Are you
are you.
Speaker 4 (21:14):
Concerned about that? Do you think President Trump's got a
plan to work that through?
Speaker 11 (21:19):
I am concerned about it, and especially in Syria, we
have a former Isis commander who's cutting people's heads off.
He's not he's not running Syria. But I trust Trump
and that's the bottom line. He's got a plan. He's
he's an amazing guy. Everything he does it turns the gold.
Look they try to put him in jail. They try
(21:39):
to kill him. They couldn't do it. He just arrived
over in the Middle East and he was treated like
a actual king. They're giving him airplanes, parades. It's it's
incredible in what's going on in the Middle East. So
I believe Trump has a plan. Yes, I am concerned
about the extremists in a lot of these countries.
Speaker 3 (21:58):
But I think Trump has a.
Speaker 11 (22:00):
And I am willing to just sit back, watch and
trust him because.
Speaker 4 (22:09):
Before he turned the Warpath coffee, Yes or no? Is
this what you voted for?
Speaker 3 (22:14):
Yes?
Speaker 4 (22:16):
Okay, fine, talk to me about And by the way,
this guy's got skin in the game, a lot of skin.
Talk to me about my Warpath coffee. Actually, first time
I got it, somebody brought I got some CA cups.
The Ca cups are amazing, war Path and it's the
compliments I've gotten from people around town this week that
(22:36):
we've given some of the bags out to people are
coming back the Champagne of coffee. You have broken, you,
Tage Gil single Handley have broken this because people realize,
why do I put cream and sugar in the coffee?
I put cream and sugar in coffee to cut the
ascidizen to cut the acid, you know, the the acid
like taste of it, like the bitterness of certain national
(22:58):
brands that happened to be green. You've done away with
that and people love it. Talk to me about the coffee.
What are your new offerings?
Speaker 3 (23:07):
Yeah, right right now.
Speaker 11 (23:08):
The newest thing we have is are these mugs wake up, Win, repeat,
and then we have one with the rules. It says
never lose, win everything, conquer any, conquer everything. That's the
rules to lid by. One thing I want to say, though,
Steve is I have not done it single Hendley. With
your help and the war Room Posse's help, we've grown
(23:28):
this company and now we're making huge amounts of this
incredible coffee. So the Warrem Posse and you are were
major hand in all this still.
Speaker 3 (23:38):
To this day.
Speaker 11 (23:38):
So the website is Warpath dot Coffee and use forward
slash Bannon I'm sorry, forward slash war Room and that'll
take you to a landing page that is especially for
the Warroom Posse to Warpath Dot Coffee, Forward slash war
Room and we're doing twenty percent off right now for
the war Room Posse.
Speaker 3 (23:58):
Then it goes back and forth.
Speaker 11 (24:00):
Usually between fifteen and twenty percent, but it's twenty percent
off and we are Last night I looked and we're
at ninety eight hundred five star reviews, so we're almost
about to break the ten thousand, ten thousand review mark.
And it's pretty it's it's pretty big for having that
our website. Usually you only see those kind of numbers
on an Amazon store, and.
Speaker 3 (24:19):
That's on our website.
Speaker 11 (24:20):
And yes, we don't pay anybody to give us those reviews.
We just send out an email chain after you buy
from us, and only thirteen percent of the people answer
the email and give us a review.
Speaker 3 (24:33):
So it's talk about love about it forward slash war room.
Speaker 4 (24:37):
Yeah, here's what I love about it is that the
people coming back to me are.
Speaker 5 (24:44):
Coffee aficionados. I mean they're the.
Speaker 4 (24:46):
Ones up at dawn, up at five o'clock in the
morning putting a pot on. These people know coffee and
they drink great coffee, and they're sitting here going this
is extraordinary. So you've just done an incredible, incredible job.
And yes, the world posse loves it. Been their supportive,
going to be even more supportive in the future. I
obviously love it. And remember the dark Ross Mariners Blend
(25:06):
the one I worked on specifically with Tage. I think
it was eighteen months of back and forth into a
absolutely perfect and we said this is it's that's the
level of diligence. Talk real quickly, give us thirty seconds
on how you roast this, because everybody asked me about this.
Speaker 5 (25:19):
How do you roast this? It's different than anybody else.
Speaker 11 (25:23):
Yeah, Well, first off, we use premium beans, so we
don't buy cheap beans that you can get for a
dollar pound. We're actually buying premium level green beans.
Speaker 3 (25:32):
That's how we start out.
Speaker 11 (25:33):
And then we roast it on a perforated drum, and
by doing that, we don't bring.
Speaker 3 (25:39):
The beans at all. So a lot of times when
you use a solid drum.
Speaker 11 (25:43):
Even if you roast most of the bean, if you
caramelize it, the tips of the beans get burnt. It's
called tipping, and that creates acidity and bitterness, and that's
why you need milk and sugar with those coffees.
Speaker 3 (25:55):
So we caramelize our beans.
Speaker 11 (25:58):
They don't carbonize it, so we don't basically we don't
turn our beans into chuckles.
Speaker 3 (26:02):
We make them nice and.
Speaker 11 (26:03):
Golden brown, and that's how we get rid of the
acidic taste and the bitterness, and that's why it's so smooth.
We roasted on a perforated drum, and the drum is
actually it's the actual drum.
Speaker 3 (26:16):
In the machine.
Speaker 11 (26:17):
It's an old school burns drum, and then it's in
the rest of the machine it's modernized.
Speaker 3 (26:21):
So that is how we make it taste so good.
Speaker 11 (26:25):
It's a roasting technique we use and most most roasters
don't do that. So that's why when you go to
a restaurant or a coffee shop, they offer you cream, sugar
and all the all this stuff in there and which
you don't need, so you can drink our coffee straight
black and make it healthy.
Speaker 5 (26:41):
Where are they go? Tage, We got to bounce where
they go?
Speaker 11 (26:44):
Warpath Dot Coffee Forward slash war Room.
Speaker 4 (26:50):
Love you brother, you taught gone, Your gunman taught himself.
New Tricks became one of the great coffee companies around
short break back in the Worm with Brawn, Life or Death.
Speaker 10 (27:02):
I challenge my Republican colleagues to come and meet with
some of my constituents. Perhaps you represent a different segment
of America.
Speaker 4 (27:10):
Okay continues to go on the Democrats continue to make
speeches people that didn't touch this forever. President Trump's got
true social out mentions, grandstandards. Mister President, I don't think
these folks are grand standing Democrats are forget that. I'm
talking with people. The math simply doesn't work right now.
There hasn't been smart cuts, haven't been enough cuts. Just
(27:30):
look at the look at independent to do any assessment.
Let's let's have O and B what russ Volt's saying
for showing people, because what we want to do is
make our own decisions. How the president make his own
decisions and not have pressure from the bond market, which
we're going to have. You already haven't it's already almost
at four point five percent. And that is not related
(27:52):
to President Trump's restructuring of the commercial relationships of the
world to benefit American citizens as it should. Since the waiter,
everything's on your shoulders.
Speaker 5 (28:03):
But you just saw.
Speaker 4 (28:03):
But the true socialy just gave from the plane. He's
going to have to get involved, right What he's saying
is that I don't want to get involved on want
you guys take care of it. Take care of it now.
So the fiascos we talked about is upon us. There's
an article up in Axios. The lead story talks about
the second hundred days, and I make the point that
(28:25):
this is more important than the first hundred because this
is where his legacy will be codified on a number
of things. Number One, the Big Beautiful Bill or the
legislative part of the economics will basically set the stage
for his entire third term with the tax cuts and
particularly the trajectory of deficits in deficit reduction.
Speaker 5 (28:50):
So that's that middle line.
Speaker 4 (28:51):
Number two is stopping thetic the kinetic part of the
Third World War, which a magnificent start, are really kind
of second step sweak in the Middle East, more of
that to continue.
Speaker 5 (29:03):
Then you've got the deportation.
Speaker 4 (29:05):
So what he's trying to do, and that's leading us
to the constitutional crisis of his powers as Article two
powers to actually do this Commander in chief, and that
is Josh Hammer is going to be on whether us
that's turns out what the argument you have to say
the court was about. And this is hurtling, I think,
to a constitutional crisis, particularly when President Trump write this
down with your number two pencil, because you're here here
(29:26):
for us.
Speaker 5 (29:26):
A couple of weeks.
Speaker 4 (29:27):
Ago when we've got DC drayna On, I believe they're
going to be suspending the rid of habeas corpus. He's
going to have to because these courts are going to
continue to try to jam him up.
Speaker 5 (29:36):
Hey, let me get Dave Brett in here.
Speaker 4 (29:38):
Dave, the Budget Committee right now, there's three or four
votes not out there. There's probably pressure, they're getting phone calls,
but let's just step back.
Speaker 5 (29:45):
Does the math work here?
Speaker 4 (29:47):
From President Trump's overall objective and this comes from President
Trump and his Treasury secretary. This is not a constructive
war room or Steve Bannon. This is theirs six and
a half percent a deficits with six and a half
seven percent because of what Biden did to the country
to get it down to three.
Speaker 5 (30:05):
And a half percent.
Speaker 4 (30:06):
You're not going to get to a balanced budget, but
at least get the deficit to three and a half percent.
Anything that doesn't get us there has got to be jettisoned.
Do you think right now where we see this that
we're making progress, Dave brad you've been in those rooms before, sir, No.
Speaker 9 (30:23):
This was you know, you opened up with Trump, who
you know, strides the world like a colossus or whatever
you know.
Speaker 10 (30:30):
I mean, everybody is deferring to him globally. And when he.
Speaker 9 (30:34):
Came in on the tariff deal, you saw the huge
amount of deference the American people paid to him and
gave him a shot to work things out. And so
the House the math doesn't work because the math is
just a bunch of gimmicks.
Speaker 10 (30:48):
The more you look under the hood at this thing.
Speaker 9 (30:50):
Kim Strassel's got a great piece in the Wall Street
Journal today. So I ripped their heads off yesterday, but
that's she starts off. The whole opening gambit was just
one point five trillion. And then the moderates, they're always
called moderates. The moderates are not orthodox Republicans. You should
hear all the stuff they're asking for. You heard yesterday
we're going to fund trans sex changes in a Republican
(31:13):
orthodox conservative bill.
Speaker 10 (31:15):
I mean, you've got to be kidd me. So the
math is all gimmicky.
Speaker 9 (31:19):
Strassele's got a good piece of political has got a
good piece out. It's biased, of course, but it's got
You know, all the gains come in to buy to
get some votes in the first four or five years.
Then all the reforms come in in the last five years,
and Chip Roy and that crew and the Budget Panel,
they're finally sticking up for the American people. A bunch
(31:41):
of my old friends and the Freedom CAU because they're
always solid. But you just heard the congress woman there
yelling about Medicaid and the Republicans are, you know, crushing
people on medicaid.
Speaker 10 (31:51):
It's not true at all.
Speaker 9 (31:52):
Right, in the political piece, there's three hundred billion dollar
gain from Medicaid just for reducing The only requirements are
people have to work eighty hours a.
Speaker 10 (32:04):
Month or sign up for part time education.
Speaker 9 (32:08):
And so the Republicans rightly are saying, no, no, no, no, you're
non titled to paychecks from the American people, right, that
seems to be the assumption, and the Republicans need to
fight that. And then there's a state check on MEDICAI
where they're going to verify addresses, and Politico of course
mentions that as a pain, right, you're going to verify
(32:28):
fraud to make sure we're not sending checks to ineligible
people on medici And then the left goes off and
calls this, you know, we're not taking care.
Speaker 10 (32:37):
Of the least of these.
Speaker 9 (32:38):
The whole point is if you're going to take care
of social security and medicare, you better.
Speaker 10 (32:41):
Set up a machine. And so Trump is thinking huge
on the world stage. He came in with huge pieces.
Speaker 9 (32:48):
And the House has been trained in this, you know,
myopic science mindset. Just tweak, tweak, tweak, little changes along
the way. No one's thinking huge. We should have come in.
This was the time under Trump where the House and
the Senate come in with major league, transformational tax packages
that do benefit everybody. Uh.
Speaker 10 (33:10):
And you know the tax cuts can generate some growth.
Speaker 9 (33:15):
But I've heard some of the guys we know saying
they're going to put out a study next week. Uh,
you know, some of the nationally known economists. And I
heard Newt on the TV this morning and he mentioned
all the you know, we're going to get the tax
cuts through. They always mentioned all that, and Newt failed
to mention spending.
Speaker 10 (33:35):
And so the the.
Speaker 9 (33:36):
Author, no one wants to deliver the hard news, right,
So the freedom call folks.
Speaker 5 (33:40):
Hang on, hang on, hang on. The old playbook.
Speaker 4 (33:43):
It's called supply side cut best and said the last time,
I agree with you. The supply side cut should be
on incentivizing work, but particularly incentivizing capital for investment and
to make that permanent. My concern is, particularly for businesses,
the supply side part of this is not perme to
do that. You'd have to have either cut further spending
(34:05):
cuts or revenue increases in other areas, Like I don't know,
randomly the upper bracket. I'm just throwing out a random,
random thing, which folks trust me to make the math work.
Unless you want sixty three dollars a debt, we're gonna
go there. We're gonna get there. Eventually. It's a winding road,
(34:25):
but we're gonna get there. What about that? Just talk
to me, because the supply side guys always say, oh,
I'm gonna get the growth rate up and the growth
right up. With a tax structure you got, you're going
to generate more cash. So how do we get the
growth rate up to two and a half three three
and a half percent? Remember in twenty nineteen, in the
fourth quarter, I think Trump's growth rate was three and
(34:47):
a half percent. And that's what Janet Yellen is the
Fed taking a tree in dollars off the balance sheet.
That caused headwinds. Had to be done, but his growth
rate could have been higher because of his tax cuts.
The first time. Now, how do you make this more
supply side by making it permanent? Dave Brad you're an
old supply side You're an old Jack Kemp aficionado.
Speaker 5 (35:06):
How do you do that?
Speaker 10 (35:08):
Yeah, yes I am.
Speaker 9 (35:11):
And every time I come on the War room, my
goal is to show that productivity's been going down for
seventy years because we've been doing kenesy and economics and.
Speaker 10 (35:20):
Non supply side stuff. But this budget is all gimmicky, right.
Speaker 9 (35:25):
That three hundred billion I just mentioned from Medicaid that
only kicks in in the fifth year, So the three
hundred billion could be six hundred billion immediately in savings
that go toward permanent tax cuts. The salt thing over
ten is half a trillion dollars, and that's at the
lower number.
Speaker 10 (35:43):
That's not like a thirty k deduction whatever. And Lawler
from New York is just going all out. He's at war.
And Lawler had a comment I got to hear somewhere.
Speaker 9 (35:53):
He says, people are leaving New York because of the
cost of living.
Speaker 10 (35:57):
Well.
Speaker 9 (35:59):
The solution to that is to just pay New Yorkers right,
subsidize failing states and the poor.
Speaker 10 (36:07):
The poor.
Speaker 9 (36:08):
He wants eighty thousand dollars salt thing. The average American
doesn't even make eighty thousand dollars, right, I mean, so, yes,
we need to incentivize capital capital investment business, and only that,
not the tax breaks for the rich, the pass through stuff.
Speaker 10 (36:27):
It's a good thing. The American people don't understand that, right.
Speaker 9 (36:30):
That huge thing goes to what's called compensation to hedge
funds and private equity and venture capital on their income roughly,
and they get a twenty percent rate and not at
the higher rate. And so you know, if that was
going to manufacturing or capital people or whatever, I'd have
(36:50):
less of an issue. I'd still have an issue because
it's not fair. But our folks should have come in
with a Milton Friedman esque type of flat tax that
everybody pays. And the American people like that. And if
Trump delivered a text, you're.
Speaker 4 (37:06):
Going to you're going, you're going to you're going to
your you're going to your milk cream and your aust
school economics is coming through and it's fair.
Speaker 10 (37:14):
It's fair. No one's going to argue.
Speaker 9 (37:16):
And then you do a negative income tax for the
poor and boom. Then you stimulate the economy and everyone
it ends the class war and the left is out
of business.
Speaker 10 (37:27):
They have no messaging anymore. They're done.
Speaker 4 (37:29):
And uh, whatever's going to happen today? What do you
think is going to happen today in this markup? I mean,
are we going to get through this? And what's going
to happen President Trump? I was gonna put some pressure
on some folks, but I think russ someone's got to
walk the president through the entire package and what it
means for deficits. No one's countered our argument that this
is two trillion dollars of deficits are more every year.
(37:52):
We're not bending the arc. We're not going from the
and this is their number, not my number. Six and
a half percent deficit to down to three and.
Speaker 5 (38:01):
A half percent. I don't see that happening.
Speaker 4 (38:04):
Have you seen any number that shows that we're that
this initiates the journey in the process to get there.
Speaker 10 (38:12):
No, it goes in the wrong direction.
Speaker 9 (38:15):
Everything's moving toward increasing tax deductions instead of going to
the supply side. In twenty seventeen, we got rid of
one point five trillion dollars right in the Tax Act,
and now we're only getting rid of you know, half
a trillion, So we're losing a trillion on there.
Speaker 10 (38:35):
That's just a tax piece.
Speaker 9 (38:37):
And so no, I think there's going to be some holdouts,
and I hope there are, because the orthodoxy of Republicanism
is tax cuts, but it's the spending first, right, the idea.
You know, just think of the founding fathers or anybody
that has a brain in their head, or any of
(38:58):
the great leaders you know we had sixty years ago,
et cetera. This would have been absurd to them. I mean,
can you picture a Jefferson or a great mind going
along with this just gimmicky stuff, little to buy off
voting blocks, and it doesn't work. You're becoming democrats and leftists,
(39:18):
and you're just moving in the wrong direction on the
logic of what we have to have in place to
have a great country. And so I think there's going
to be some holdouts on the Freedom caucuside, and they're
going to call them every name of the book, the
Salt guys on the Eastern Coast guys, and the Moderates
supposedly they're holding not also, but they're holding out for
(39:39):
non I don't know.
Speaker 4 (39:41):
I'm missing it because I don't know how the Salt
guys justify they've won the argument that lower brackets are
basically correct.
Speaker 5 (39:48):
Me if I'm wrong, this salt argument is uh, I
tell you what.
Speaker 4 (39:52):
Hang on, I'm going to bring you back after us
because the salt argument, I think where they're arguing now
is protecting the wealthy right. I don't think it's about
the middle class and the working class and the Sault agreement.
Speaker 5 (40:04):
I think they're already up to thirty or forty thousand bucks.
Speaker 4 (40:06):
Anyway, hangover a second. So this is President Trump, having
changed the direction of the world, is coming back to
making sure he's putting guys in the clock on trade
deals and the big beautiful, the big beautiful reconciliation process.
Make sure you probably going to have to be at
the ramparts with us next week. Make sure you're available
(40:26):
and not chasing somebody that's taking your title and taking
going to a hard money lender and got a second
mortgage out on your house. National debt's already big enough
second mortgage on it. Don't let them do it. Home
title lock has a triple lock one million dollar triple
lock protection, twenty four seven coverage alerts in the middle
of the night.
Speaker 5 (40:45):
If all else fails. One million dollars.
Speaker 4 (40:48):
Restoration project in process with top lawyers, home title lock
dot com promo code Steve check it out.
Speaker 1 (40:57):
Now, cutting Medicaid, Medicare, social Security is simply untruthful. You
cannot cut social Security anyway. And you know what this
boils down to is a complete We're operating on two
different universes. You think the tax money is yours, government
is your god and you that's what your bottom line
(41:22):
that you have. You supported an administration in Joe Biden
that train break this country by letting fifteen to twenty
million illegals in this country where we have paid a
price and are continuing to pay a price. Now where
are we on this bill? The tax cuts are great.
The tax money is the taxpayers, not the government bureaucracy.
And what we're dealing with now is so many good
(41:43):
things that are happening.
Speaker 5 (41:45):
You can use.
Speaker 1 (41:45):
Class warfare, rich, poor, black, white. You're off base. Seventy
seven million people told you you were off base, and
you're still off base. But here's the questions I would
ask in Miss Sherman. I know you know this is
it right for healthy, able bodied Americans that could work
(42:06):
that don't work it's over twenty five million, healthy, able
bodied Americans that don't work. Is it right for them
to have a paycheck? I don't think so. Is it
right if you're an illegal alien? Which the left side
of the right side of this AISLB my Democrat friends
led in this country.
Speaker 5 (42:23):
If you're an illegal?
Speaker 1 (42:24):
Is it right to have illegals cash and checks with
money we don't have? And to phase this in for
four years and give a we're telling a healthy body
of healthy American that you've got four years to get
a job. No, the payment stops now. If you're a
need illegal, the payment stops now.
Speaker 5 (42:44):
On the IRA, these a.
Speaker 1 (42:47):
Lot of these credits have been in existence for thirty
and forty years and you're talking about giveaways. We want
to help those who really need help, and that's what
we are. That's the heart of this. Sadly, I'm a
I'm a hard no. Until we get this ironed out,
and I think we can. We may progress, but it
just takes time, and it's time that if if, if
(43:10):
we're going to continue to have just what I mentioned,
able bodied Americans getting checks, illegals getting checks, subsidies that
go to corporations that should shouldn't get them.
Speaker 10 (43:20):
I'm out.
Speaker 1 (43:21):
So thank you for miss Chairman again for what you've done,
and thank you for this this budget committee.
Speaker 7 (43:28):
How you I think the gentleman from South Carolina and
now yeld to mister Paul Tunko from New York for
three minutes.
Speaker 5 (43:36):
Thank you, mister Chairman.
Speaker 3 (43:37):
I'm in strong opposition.
Speaker 4 (43:39):
Let me have you heard Ralph Norman there, he's a
hard no some of the issues about with medicaid. You know,
we want to protect medicaid, particularly from maga hardworking folks,
but you got to have requirements.
Speaker 5 (43:52):
You got to you gotta work, gotta have a job.
Speaker 4 (43:55):
Can't be laying around and have the government to sit
there and pay for your medical can't happen. Sorry it
Maybe some people may say that's tough or cool, but hey,
it's a tough world and the requirements have got I
think they don't kick into twenty twenty nine. That's what
Ralph Norman's talking about. There's so much other day bread,
there's so much other things in here that just got
(44:18):
to be wrung out, gotta be wrung on now because
we're paying, we're barring from China to pay for all this.
It's just bearings deeper, deeper your thoughts, sir.
Speaker 9 (44:30):
Well, Ralph Norman is great and people need to follow
people like that and compliment them for doing a tough job.
He's about ready to have Heaven and the Earth come
down on his head tonight. The leadership, they always position
the House and then the freedom fighters right at the
end of this process. Right, so it starts at one
(44:52):
point five trillion. Now it's down to zero, and we
might actually end up increasing spending and then the ta
side that we just described. But what he just said
was my little sermon yesterday. You guys are lying, he
told the Democrats straight to their face.
Speaker 10 (45:08):
You're lying.
Speaker 9 (45:09):
We are not cutting medicaid requiring people to work while
they get a check, which is a good that we're
helping them, right, We're helping the poor sending them a check,
and so saying you've got to work. I mean, the
moral case couldn't be more clear. And the republic that's
what I'm saying. The Republicans need to stand up on
(45:30):
these points and simplify this tax code and get rid
of this gimmicky stuff. The flat thing I just throw
out as an idea, But the one good thing about
the flat tax idea is you get rid of all
the lobbyists. You want to talk about, getting rid of
regulation and red tape and inefficient inefficiency in that city.
We've got to clear them out. They're just living. And
(45:52):
the lobbyists for the billionaire tax cut guys, they're loud
and vocal right now. They're all saying I'm not going
to name names right here, but they're all saying, let's
just pass this bill. I get on and we'll improve
the tax cuts the later. There's nothing about spending from
any of them. And if we don't solve this spending piece,
we're in big trouble. We haven't even brought up in
titlements right, Solid Security Medicare that's coming at a later date,
(46:15):
and that's binding too, just like the bond market.
Speaker 5 (46:19):
Yep, we're gonna have a tough one.
Speaker 4 (46:21):
We're gonna make sure hopefully President Trump gets all the information.
I can see already's getting a little worked up. We're
gonna have Can we put up the president to let
you know he's on point. He put up a tweet
just a second ago because anybody noticed that Taylor Swift
is not what he said.
Speaker 5 (46:40):
He was not hot.
Speaker 4 (46:41):
She's like finished President Trump, commander in chief and king
of the troll is just unbelievable getting on Taylor Swift.
But hey, we told you Taylor Swift was all plotting
to go to go campaign for Biden and Kamala and
and got waved off when people talked to her about
the math.
Speaker 5 (46:59):
It's a President Trump is right there.
Speaker 4 (47:01):
Dave Bratt, where do people go to get your charts
all your analysis. We'll try to get you back onto
mar because this weekend, I can tell you this budget
thing is going to be a topic of conversation with
President Trump.
Speaker 10 (47:13):
Yep. Great, everybody get educated.
Speaker 9 (47:15):
I put my charts up from the other day on
the Great Depression up on X and get her Bratt economics.
And the most important thing is to spread the war room,
spread this platform, because you see the knowledge you're getting,
and if the country doesn't get this stuff, we can't
fix it.
Speaker 5 (47:34):
Amen, brother, thank you so much.
Speaker 4 (47:36):
Trying to get people out there, going to get them
more up to speed. That's one of the reasons say
go you want a quick tutorial text ban and b A.
Speaker 5 (47:46):
N N O N nine eight ninety eight, you get
Birch Gold.
Speaker 4 (47:49):
It's a free brochure on investing in gold and precious
metals in the age of Trump. You walk through all
of trump anomics and the economics of it.
Speaker 5 (47:58):
You get a real schooling on that. Plus you get
to know.
Speaker 4 (48:03):
The Philip Patrick and the team who are going to
Rio for the Rio Reset. Also one of our sponsors
my Patriots Supply. They're the leaders in the space of
preparedness and making sure that you're never caught unaware. They've
got a four week food supply, which is they're basic.
Normally it's three for three hundred and forty seven bucks.
They've cut one hundred bucks off that for their basic
(48:25):
four week, which you get over two thousand cours a day.
The thing is the standard one that usually people start with.
Speaker 12 (48:30):
They're throwing in four free seventy two hour food kits,
so you get an additional twelve days free food plus
one hundred bucks off.
Speaker 4 (48:41):
My Patriots Supply dot com go check it out. The
best company in the readiness and preparedness space. Short commercial
break two minutes. We're back for the second hour. We
are jammed up an hour two in the war word
Right.
Speaker 2 (00:00):
In fact, the tex says three hundred billion dollars is
to be cut from this vital food assistance program, which
can lead to eleven million people going hungry. Democrats said
that this bill was going to kick people off MEDICAI.
Looks like we were right about that too. The bill
cut seven hundred and fifteen billion dollars to the program,
and we'll kick thirteen point seven million Americans losing healthcare.
(00:24):
Democrats said that the tax cuts we'll be going.
Speaker 3 (00:27):
To the rich.
Speaker 2 (00:27):
We were right again, if enacted by twenty twenty seven
individuals making over one pick.
Speaker 4 (00:34):
You're hearing the live stream of the Budget committee as
they go through billion dollars try to get this budget
at least learned at a committee. Right now, we understand
there's a minimum of three maybe four Republican knows, including
some of the biggest deficit hawks, are saying, hey, the
math doesn't work here. We've got to get back and
start work over the weekend. This is a key component.
(00:57):
President Trump's coming back tonight here right I think near
midnight tonight he'll be on this.
Speaker 5 (01:02):
Over the weekend.
Speaker 4 (01:03):
We're gonna be going in and out of this committee
to see if it doesn't get out of committee, they're
going to go back.
Speaker 5 (01:08):
There's a lot more work to do.
Speaker 4 (01:10):
I tend to agree with the Hawks that right now
this maths doesn't come close to working.
Speaker 5 (01:14):
They've got to get serious. Here's what we're gonna do.
We're going to We're gonna come in and out of
the Budget Committee during the day.
Speaker 4 (01:20):
We got a great cold open a President Trump's triumphant
tour and visit in the Middle East. We're gonna start
with that. We got a pack show today. Let's go
ahead and let it.
Speaker 6 (01:28):
Rep We're making great progress toward the one point four
(03:24):
trillion dollars that UAE.
Speaker 7 (03:27):
Has announced that it intends to spend in the United
States over the next couple of years. Yesterday, the two
countries also agreed to create a path for UE to
buy some of the world's most advanced AI semiconductors from
American companies, a very big contract. This will generate billions
and billions of dollars in business and accelerate the UE's
(03:50):
plans to become a really major player in artificial intelligence.
Speaker 3 (03:54):
And I read where.
Speaker 7 (03:57):
The oil and gas and its great, but you're going
to have equally big and maybe even bigger at some
point you'll be surpassing it with AI and other and
other businesses. So it's uh, that's a great tribute to
the job you've done here.
Speaker 3 (04:28):
That's great.
Speaker 8 (04:30):
Listen about co's like like in the old just a
lot heavier for so your lessons to people are all dae.
Speaker 5 (04:42):
Well, it's just a message of unity.
Speaker 7 (04:44):
When you look at what we've just seen, it's great unity,
great paid. They are incredible people with a tremendous leader.
Speaker 3 (04:53):
Who's a friend of mine.
Speaker 9 (04:58):
Thank you very much.
Speaker 7 (05:22):
We just reached a fantastic, great deal as you know
with the United Kingdom, which was wonderful, and do we
have another big one that we just reached with China.
China deal is a very big deal. It's in the
process of continuing to be formed, but they wanted to
make that deal very badly. And we have at the
(05:43):
same time one hundred and fifty countries that want to
make a deal. But you're not able to see that
many countries. So at a certain point over the next
two to three weeks, I think Scott and Howard we'll
be sending letters out essentially telling people it would be
very fair, but we'll be telling people what they'll be
paying to do business in the United States, so essentially
(06:05):
be paying to be doing business in the United States.
I guess you could say they could appeal it, but
for the most part, I think we're going to be
very fair. But it's not possible to meet the number
of people that want to see us.
Speaker 5 (06:45):
This is the final scream of a dying regime.
Speaker 4 (06:50):
Pray for our enemies, because we're going to medieval on
these people. You're not going to free shot all these
networks lying about the people, the people a belly full
of it.
Speaker 5 (07:01):
I know you don't like hearing that. I know you've
tried to do everything in the world to stop that,
but you're not going to stop it. It's going to happen.
Speaker 3 (07:06):
And where do people like that go to share the
big line? Mega media?
Speaker 9 (07:11):
I wish in my soul, I wish that any.
Speaker 5 (07:14):
Of these people had a conscience. Ask yourself, what is
my task and what is my purpose?
Speaker 4 (07:20):
If that answer is to save my country, this country
will be saved.
Speaker 10 (07:26):
Wor use your host Stephen k Man.
Speaker 4 (07:35):
Friday, sixteen May, year of Verlert, twenty twenty five. There
are decades in which nothing happens, and there are weeks
in which decades happen. We're living through this the week
this what second week of second week of May in
the ear of Ward twenty twenty five, just absolutely credible.
President Trump simultaneously reordering the relationships in the Middle East
(08:03):
that really haven't changed.
Speaker 5 (08:05):
This is so fundamentally goes.
Speaker 4 (08:07):
Back to World War One when the Arabs with the
British Army, Lawrence of Arabia, the Arab Army and General Allenby
took Jerusalem and then took Damascus. Psychs Pico got arranged,
which divided up the whole Middle East, drew new lines
between the French the great powers.
Speaker 5 (08:25):
It's kind of existed there.
Speaker 4 (08:27):
We said yesterday we had ed Lusan talking about the
nineteen seventies all embargo, that Arab or embargo, all of
a sudden Middle East came back front and center into
American life, which it had not done really ever. And
then the Iranian hostage crushes, the Persian hostage crushes ended
the seventies. And here right now President Trump just breaking
(08:50):
all norms. The thing to focus on he is leading.
He's saying, look, economics, prosperity can lead to peace. People
are incentivize and have skin in the game. They will
have peace. It's the best way to piece. Now, there's
a lot of things that people are unhappy about, are
(09:10):
uncomfortable about, us should say we'll see how those work
a time. One of the ones is particularly something a
country like cutter.
Speaker 5 (09:17):
It now looks like front and center of all this.
Speaker 4 (09:19):
But he ended as I think it was very smart
to end with MBZ and the UAE MBZ Mohammed ben
zaiaed the strongest aline, that's the strongest ally, someone held
in great respect, that punch his way above their way.
And you can see the respect President Trump had, and
some of those ceremonies are deeply profound of what the
(09:43):
Arab nations were doing, deeply profound of what they think
of President Trump as a man, as a leader, as
a leader of a country that has stick to adiness.
I think the drift of Biden in Obama and Bush
Clinton reversed started. We started at a small scale in
(10:05):
the first term because we weren't prepared in the fact
that we didn't have time to pull teams together and
have years to do this research. It was a kind
of a comfort behind victory. But the four years the
President Trump spent in the wilderness It's going to become
quite symbolic. People will talk about that one hundred years
from now. What President Trump thought about, what he learned,
(10:26):
what he observed, and now what he's putting in place extraordinary.
At the same time, President Trump is saying, hey, there's
one hundred and fifty, one hundred and fifty countries that
Commerce Department treasurer all over of making deals, and he
kind of put them on the clock. Yo, boys, got
a couple of weeks. We're just not going to drag
all this out. Let's get focused. You're you're not going
(10:50):
to You're not going to be the gating event for
the United States of America. If if it's not done,
guess what you're going to pay tariffs?
Speaker 5 (10:56):
You don't sell.
Speaker 4 (10:57):
If you don't decide to sell here, fine take it
somewhere else. At the same time, working on these major
deals in East Asia with Japan, Korea, Philippines, Vietnam, Taiwan, India,
and the Indo Pacific just absolutely extordinate, breathtaking. We started,
and I wanted to start today because we love showing
(11:19):
you both the high geopolitical and geostrategic but then get
into the bows of it, the nuts and bolts and
right now in the Budget Committee. As we've said, we
support President Trump's priorities here. We just think that this
whole mish mash, and this plays to Johnson. You're seeing
two types of leadership. President Trump stepping into the breach.
(11:40):
Here's how it's going to be. Bringing people together. But
people have a sense of stability, and you have these
you have these munchkins over here on the left kind
of nipping at his heels. But then you have the
house with Johnson and I having a career and making
deals at Goldman Saxs in my own firm.
Speaker 5 (12:00):
It doesn't help to tap.
Speaker 4 (12:01):
People along and kind of mislead them about what's really
in there and hope it all comes together at the
end because you have a time constraint.
Speaker 5 (12:09):
It's just not the way. It's not the way President
Trump rolls.
Speaker 4 (12:11):
It's certainly not the way that you're taught and trained
to get complex transactions done. And here we are here,
we aren't a Friday and a budget committee, and he's
got i don't know, for people who are kind of
hard nosed, and those people have a lot of credibility
in this regard. These are people that have historic concerns
(12:33):
about deficits, and it's just the math we're getting in
the math that's coming out from independent sources show that
there hasn't been enough true focus on cutting and where
there has been cutting in medicaid has been quite frankly
all over the map. And so that's why this thing,
it's no need to force something that's terrible just to
(12:55):
get it through because you're on some sort of deadline.
Is to get something that works, and then you get
over to the tax side. I don't think one of
President Trump's priorities is no tax on social security. This
four thousand dollars for retirees is not no tax on
(13:15):
social security. No tax on social security means wait for it,
watch read my lips. Is that would bush no tax
on social security. But that's just one of many of
the problems over there in the tax side. So this
thing's going together now, President Trump. Here's my concern with this.
President Trump is redoing the commercial relationships of the world.
Speaker 5 (13:36):
He's bringing world peace.
Speaker 4 (13:37):
Remember, the first part of this is stopped the kinetic
part of the Third World War.
Speaker 5 (13:41):
The second part.
Speaker 4 (13:42):
Of this is to seal the border and deport ten
million illegal alien invaders. Which you saw at the court
and Josh hammerby on later to talk about that. The
third is to get all this this economic model, financial model,
this fiasco he was dumped on. So now having spent
four days, change the direction of the world and particularly
(14:02):
and tamping down the Third World War, both the nuclear
weapons with Persia, they got the Ukrainians talking in is
Dan Bull right now.
Speaker 5 (14:09):
With the Russians.
Speaker 4 (14:10):
He's he's got the tariff to totally redoing of the
commercial relationships of the world. Fifty companies and countries include
the Chinese comedies party.
Speaker 5 (14:18):
He flies back, He gets back near midnight tonight.
Speaker 4 (14:21):
And I will tell you that it is a brutal
flight back on a very uncomfortable aircraft that happens to
be a military command center. It's not a luxury aircraft.
He gets back and what is he don's what's what's
he got? He's got a fiasco created by Johnson and
these clowns in the house that he's going to have
to sort out. Can anybody do anything that they don't
(14:41):
need to depend upon Trump? Can anybody just accomplish something
and say, hey, you gave us marching orders, here's.
Speaker 5 (14:48):
What we did. We don't need you involved.
Speaker 4 (14:51):
Because now solving the problems of the world, he's got
to solve the problems of the Republican Party.
Speaker 5 (14:55):
Up on the hill, short break, here's your host, Stephen
k back.
Speaker 4 (15:05):
Uh Semopore's got a great article about the bond market,
about the ten year treasury pushing up near four point
five percent. Maybe over they're going to get a vote.
We talk about the Liz Trust situation. That's not gonna happen,
but it's reacting not to the trade deals, it's reacting
to the spending.
Speaker 5 (15:23):
Let's let's be honest about this. Birch Gold dot Com.
Speaker 4 (15:27):
The Road to Rio, the Rio Reset seventh free installment,
get it, read it. We're gonna have the Road to
Rio every other day from now until actually real. The
bricks nations, many of whom are not our friends, are
there to figure out how to get off the US dollar.
Speaker 5 (15:44):
Make sure you understand that.
Speaker 4 (15:45):
Make sure you understand the price of why, the process
of why gold is a hedge. Birch Gold dot com
promo code Bannon check it out. Get to know Philipatrick
and the team.
Speaker 5 (15:56):
They're the Budget Committee.
Speaker 4 (15:57):
As soon as we see something fascinating and if Grace
you livestream that on the other channels people can dip
in and out of it. We will, we're monitoring it
right now. Four no votes on the committee itself by Republicans.
That means it's a if that was the whole it
doesn't come out of committee. We'll have to see what
happens to the all day I think it's an all
day markup. But the mass still doesn't work. But we'll
(16:17):
figure out. Maybe they come up with some solutions. Who knows,
they've got a thing called reverse the Curse. It's a
Jimmy Madison James Madison quote that a public debt is
a public curse. Do you think they were a little divided,
And this is what I said, don't think the Founding
father the Revolutionary generation, the Founding Fathers, it was a
group hug.
Speaker 5 (16:36):
No, it was not.
Speaker 4 (16:37):
There were many of those guys that hated each other.
Hate it, good old fashioned old testament hate. Hamilton and Jefferson,
Jefferson and Adams. Jimmy is saying that, hey, public debt's
a public curse. They've got a thing going on, reverse
the curse over the Budget Committee to try to figure
out this national debt. Hamilton was the one that was
(17:00):
a contrarian said, no, if we want to become a
manufacturing superpower, we have to have credit. The way we
have creditors, we roll up all the revolutionary debts from
the States, make it one big thing, and then start
refinancing it in global capital markets. Remember, the American Revolution
started about taxes paying for the French and Indian War.
The British Parliament thought we ought to throw a little
(17:22):
something into the kitty. The Americans thought, we already threw
enough into the kitty, and to win our revolution we
needed a big assist by the French. The French went
doing it because they loved us. They were doing it
because they were at war with England. And the payment
and figuring out how to pay for those bonds is
what brought on the French Revolution. So this is all interconnected, folks.
(17:46):
The Budget Committee today tays, Gail, you spent correct me
if I'm wrong, brother, sixteen deployments as a gunman for
the United States in six interac ten in Afghanistan as
a tip of the spear combat veteran. Your assessment of
President Trump's tour of the Middle East this week, sir.
Speaker 3 (18:10):
Yeah, that's right, Steve.
Speaker 11 (18:13):
I was going back and forth between our ack in
Afghanistan between two thousand and one up until twenty fourteen,
and I am very excited about what Trump's doing in
the Middle East. The problem with the wars in the
Middle East is we're not allowed to win them.
Speaker 3 (18:27):
They just they're forever wars. They just go on forever.
Speaker 11 (18:31):
And at one time we were catching the same terrorists
on one deployment. We would catch them multiple times because
it was it got turned into a catch and release
program because the politics were so heavy and during the
war and at the beginning of the war, I was
so gung ho to go over there, one because I
was a young seal and I wanted to get into combat,
(18:52):
but two because of nine to eleven. And then around
the time Benghazi happened, I saw I started I started
realizing that.
Speaker 3 (19:00):
There was a lot of politics in these wars. It
shouldn't be there.
Speaker 11 (19:03):
And I saw Trump said, we're done with nation building
and we're done with telling people how to live.
Speaker 3 (19:09):
That's amazing, because we're doing it all wrong.
Speaker 11 (19:12):
We start the nation building and we start telling people
how to live their lives. During the middle of the war,
we're supposed to win the war and then bring peace,
and then we could nation build, and then we.
Speaker 3 (19:25):
Could influence people how to live. But we try to
do it all at.
Speaker 11 (19:29):
Once, it doesn't work out, and it's just a money
making machine for the military industrial complex, which Eisenhower warned
us about at the end of World War Two.
Speaker 3 (19:39):
That's all these wars about.
Speaker 11 (19:42):
I saw the welcome Trump got in sada Arabia and
the United Arab Emirates and Qatar, and it was amazing.
They're calling him the president of presidents, the king of kings,
the president of the world.
Speaker 3 (19:54):
He's exactly right.
Speaker 11 (19:55):
We need to let these people live their lives how
they want and the way we should be showing. We
should actually be showing them how to live instead of
telling them how to live.
Speaker 3 (20:06):
We need to focus on America. We need to make
America thrive.
Speaker 11 (20:11):
We need to make this place the ultimate place for
prosperity for Americans and freedom for Americans. And that's how
you show other people how to live, and then they
will they will by us leading by example, they will
want to become like us. Instead of going over there
invading them, not winning, and then trying to force them
(20:33):
our policies on them through the state Department and the
USA I D.
Speaker 3 (20:37):
And that's what we've been doing for decades.
Speaker 11 (20:39):
And it does in the policies, and the polities are
all lgbt the policies are all LGBTQ.
Speaker 4 (20:46):
And is all this all this progressive will crap that
these cultures are just not going to take? Does it
concern you I'm going to turn to coffee in a second.
Does it concern you that some of the nations that
were underwriting the worst extremest elements of radical jiha? Do
you think they've corrected themselves? Do you think they're not
doing that? I mean, you were fighting over there, bad
(21:06):
own Braids that got money from from a lot of
these guys, particularly Cutter.
Speaker 5 (21:11):
Are you in certain elements in Saudi Arabia? Are you
are you.
Speaker 4 (21:14):
Concerned about that? Do you think President Trump's got a
plan to work that through?
Speaker 11 (21:19):
I am concerned about it, and especially in Syria, we
have a former Isis commander who's cutting people's heads off.
He's not he's not running Syria. But I trust Trump
and that's the bottom line. He's got a plan. He's
he's an amazing guy. Everything he does it turns the gold.
Look they try to put him in jail. They try
(21:39):
to kill him. They couldn't do it. He just arrived
over in the Middle East and he was treated like
a actual king. They're giving him airplanes, parades. It's it's
incredible in what's going on in the Middle East. So
I believe Trump has a plan. Yes, I am concerned
about the extremists in a lot of these countries.
Speaker 3 (21:58):
But I think Trump has a.
Speaker 11 (22:00):
And I am willing to just sit back, watch and
trust him because.
Speaker 4 (22:09):
Before he turned the Warpath coffee, Yes or no? Is
this what you voted for?
Speaker 3 (22:14):
Yes?
Speaker 4 (22:16):
Okay, fine, talk to me about And by the way,
this guy's got skin in the game, a lot of skin.
Talk to me about my Warpath coffee. Actually, first time
I got it, somebody brought I got some CA cups.
The Ca cups are amazing, war Path and it's the
compliments I've gotten from people around town this week that
(22:36):
we've given some of the bags out to people are
coming back the Champagne of coffee. You have broken, you,
Tage Gil single Handley have broken this because people realize,
why do I put cream and sugar in the coffee?
I put cream and sugar in coffee to cut the
ascidizen to cut the acid, you know, the the acid
like taste of it, like the bitterness of certain national
(22:58):
brands that happened to be green. You've done away with
that and people love it. Talk to me about the coffee.
What are your new offerings?
Speaker 3 (23:07):
Yeah, right right now.
Speaker 11 (23:08):
The newest thing we have is are these mugs wake up, Win, repeat,
and then we have one with the rules. It says
never lose, win everything, conquer any, conquer everything. That's the
rules to lid by. One thing I want to say, though,
Steve is I have not done it single Hendley. With
your help and the war Room Posse's help, we've grown
(23:28):
this company and now we're making huge amounts of this
incredible coffee. So the Warrem Posse and you are were
major hand in all this still.
Speaker 3 (23:38):
To this day.
Speaker 11 (23:38):
So the website is Warpath dot Coffee and use forward
slash Bannon I'm sorry, forward slash war Room and that'll
take you to a landing page that is especially for
the Warroom Posse to Warpath Dot Coffee, Forward slash war
Room and we're doing twenty percent off right now for
the war Room Posse.
Speaker 3 (23:58):
Then it goes back and forth.
Speaker 11 (24:00):
Usually between fifteen and twenty percent, but it's twenty percent
off and we are Last night I looked and we're
at ninety eight hundred five star reviews, so we're almost
about to break the ten thousand, ten thousand review mark.
And it's pretty it's it's pretty big for having that
our website. Usually you only see those kind of numbers
on an Amazon store, and.
Speaker 3 (24:19):
That's on our website.
Speaker 11 (24:20):
And yes, we don't pay anybody to give us those reviews.
We just send out an email chain after you buy
from us, and only thirteen percent of the people answer
the email and give us a review.
Speaker 3 (24:33):
So it's talk about love about it forward slash war room.
Speaker 4 (24:37):
Yeah, here's what I love about it is that the
people coming back to me are.
Speaker 5 (24:44):
Coffee aficionados. I mean they're the.
Speaker 4 (24:46):
Ones up at dawn, up at five o'clock in the
morning putting a pot on. These people know coffee and
they drink great coffee, and they're sitting here going this
is extraordinary. So you've just done an incredible, incredible job.
And yes, the world posse loves it. Been their supportive,
going to be even more supportive in the future. I
obviously love it. And remember the dark Ross Mariners Blend
(25:06):
the one I worked on specifically with Tage. I think
it was eighteen months of back and forth into a
absolutely perfect and we said this is it's that's the
level of diligence. Talk real quickly, give us thirty seconds
on how you roast this, because everybody asked me about this.
Speaker 5 (25:19):
How do you roast this? It's different than anybody else.
Speaker 11 (25:23):
Yeah, Well, first off, we use premium beans, so we
don't buy cheap beans that you can get for a
dollar pound. We're actually buying premium level green beans.
Speaker 3 (25:32):
That's how we start out.
Speaker 11 (25:33):
And then we roast it on a perforated drum, and
by doing that, we don't bring.
Speaker 3 (25:39):
The beans at all. So a lot of times when
you use a solid drum.
Speaker 11 (25:43):
Even if you roast most of the bean, if you
caramelize it, the tips of the beans get burnt. It's
called tipping, and that creates acidity and bitterness, and that's
why you need milk and sugar with those coffees.
Speaker 3 (25:55):
So we caramelize our beans.
Speaker 11 (25:58):
They don't carbonize it, so we don't basically we don't
turn our beans into chuckles.
Speaker 3 (26:02):
We make them nice and.
Speaker 11 (26:03):
Golden brown, and that's how we get rid of the
acidic taste and the bitterness, and that's why it's so smooth.
We roasted on a perforated drum, and the drum is
actually it's the actual drum.
Speaker 3 (26:16):
In the machine.
Speaker 11 (26:17):
It's an old school burns drum, and then it's in
the rest of the machine it's modernized.
Speaker 3 (26:21):
So that is how we make it taste so good.
Speaker 11 (26:25):
It's a roasting technique we use and most most roasters
don't do that. So that's why when you go to
a restaurant or a coffee shop, they offer you cream, sugar
and all the all this stuff in there and which
you don't need, so you can drink our coffee straight
black and make it healthy.
Speaker 5 (26:41):
Where are they go? Tage, We got to bounce where
they go?
Speaker 11 (26:44):
Warpath Dot Coffee Forward slash war Room.
Speaker 4 (26:50):
Love you brother, you taught gone, Your gunman taught himself.
New Tricks became one of the great coffee companies around
short break back in the Worm with Brawn, Life or Death.
Speaker 10 (27:02):
I challenge my Republican colleagues to come and meet with
some of my constituents. Perhaps you represent a different segment
of America.
Speaker 4 (27:10):
Okay continues to go on the Democrats continue to make
speeches people that didn't touch this forever. President Trump's got
true social out mentions, grandstandards. Mister President, I don't think
these folks are grand standing Democrats are forget that. I'm
talking with people. The math simply doesn't work right now.
There hasn't been smart cuts, haven't been enough cuts. Just
(27:30):
look at the look at independent to do any assessment.
Let's let's have O and B what russ Volt's saying
for showing people, because what we want to do is
make our own decisions. How the president make his own
decisions and not have pressure from the bond market, which
we're going to have. You already haven't it's already almost
at four point five percent. And that is not related
(27:52):
to President Trump's restructuring of the commercial relationships of the
world to benefit American citizens as it should. Since the waiter,
everything's on your shoulders.
Speaker 5 (28:03):
But you just saw.
Speaker 4 (28:03):
But the true socialy just gave from the plane. He's
going to have to get involved, right What he's saying
is that I don't want to get involved on want
you guys take care of it. Take care of it now.
So the fiascos we talked about is upon us. There's
an article up in Axios. The lead story talks about
the second hundred days, and I make the point that
(28:25):
this is more important than the first hundred because this
is where his legacy will be codified on a number
of things. Number One, the Big Beautiful Bill or the
legislative part of the economics will basically set the stage
for his entire third term with the tax cuts and
particularly the trajectory of deficits in deficit reduction.
Speaker 5 (28:50):
So that's that middle line.
Speaker 4 (28:51):
Number two is stopping thetic the kinetic part of the
Third World War, which a magnificent start, are really kind
of second step sweak in the Middle East, more of
that to continue.
Speaker 5 (29:03):
Then you've got the deportation.
Speaker 4 (29:05):
So what he's trying to do, and that's leading us
to the constitutional crisis of his powers as Article two
powers to actually do this Commander in chief, and that
is Josh Hammer is going to be on whether us
that's turns out what the argument you have to say
the court was about. And this is hurtling, I think,
to a constitutional crisis, particularly when President Trump write this
down with your number two pencil, because you're here here
(29:26):
for us.
Speaker 5 (29:26):
A couple of weeks.
Speaker 4 (29:27):
Ago when we've got DC drayna On, I believe they're
going to be suspending the rid of habeas corpus. He's
going to have to because these courts are going to
continue to try to jam him up.
Speaker 5 (29:36):
Hey, let me get Dave Brett in here.
Speaker 4 (29:38):
Dave, the Budget Committee right now, there's three or four
votes not out there. There's probably pressure, they're getting phone calls,
but let's just step back.
Speaker 5 (29:45):
Does the math work here?
Speaker 4 (29:47):
From President Trump's overall objective and this comes from President
Trump and his Treasury secretary. This is not a constructive
war room or Steve Bannon. This is theirs six and
a half percent a deficits with six and a half
seven percent because of what Biden did to the country
to get it down to three.
Speaker 5 (30:05):
And a half percent.
Speaker 4 (30:06):
You're not going to get to a balanced budget, but
at least get the deficit to three and a half percent.
Anything that doesn't get us there has got to be jettisoned.
Do you think right now where we see this that
we're making progress, Dave brad you've been in those rooms before, sir, No.
Speaker 9 (30:23):
This was you know, you opened up with Trump, who
you know, strides the world like a colossus or whatever
you know.
Speaker 10 (30:30):
I mean, everybody is deferring to him globally. And when he.
Speaker 9 (30:34):
Came in on the tariff deal, you saw the huge
amount of deference the American people paid to him and
gave him a shot to work things out. And so
the House the math doesn't work because the math is
just a bunch of gimmicks.
Speaker 10 (30:48):
The more you look under the hood at this thing.
Speaker 9 (30:50):
Kim Strassel's got a great piece in the Wall Street
Journal today. So I ripped their heads off yesterday, but
that's she starts off. The whole opening gambit was just
one point five trillion. And then the moderates, they're always
called moderates. The moderates are not orthodox Republicans. You should
hear all the stuff they're asking for. You heard yesterday
we're going to fund trans sex changes in a Republican
(31:13):
orthodox conservative bill.
Speaker 10 (31:15):
I mean, you've got to be kidd me. So the
math is all gimmicky.
Speaker 9 (31:19):
Strassele's got a good piece of political has got a
good piece out. It's biased, of course, but it's got
You know, all the gains come in to buy to
get some votes in the first four or five years.
Then all the reforms come in in the last five years,
and Chip Roy and that crew and the Budget Panel,
they're finally sticking up for the American people. A bunch
(31:41):
of my old friends and the Freedom CAU because they're
always solid. But you just heard the congress woman there
yelling about Medicaid and the Republicans are, you know, crushing
people on medicaid.
Speaker 10 (31:51):
It's not true at all.
Speaker 9 (31:52):
Right, in the political piece, there's three hundred billion dollar
gain from Medicaid just for reducing The only requirements are
people have to work eighty hours a.
Speaker 10 (32:04):
Month or sign up for part time education.
Speaker 9 (32:08):
And so the Republicans rightly are saying, no, no, no, no, you're
non titled to paychecks from the American people, right, that
seems to be the assumption, and the Republicans need to
fight that. And then there's a state check on MEDICAI
where they're going to verify addresses, and Politico of course
mentions that as a pain, right, you're going to verify
(32:28):
fraud to make sure we're not sending checks to ineligible
people on medici And then the left goes off and
calls this, you know, we're not taking care.
Speaker 10 (32:37):
Of the least of these.
Speaker 9 (32:38):
The whole point is if you're going to take care
of social security and medicare, you better.
Speaker 10 (32:41):
Set up a machine. And so Trump is thinking huge
on the world stage. He came in with huge pieces.
Speaker 9 (32:48):
And the House has been trained in this, you know,
myopic science mindset. Just tweak, tweak, tweak, little changes along
the way. No one's thinking huge. We should have come in.
This was the time under Trump where the House and
the Senate come in with major league, transformational tax packages
that do benefit everybody. Uh.
Speaker 10 (33:10):
And you know the tax cuts can generate some growth.
Speaker 9 (33:15):
But I've heard some of the guys we know saying
they're going to put out a study next week. Uh,
you know, some of the nationally known economists. And I
heard Newt on the TV this morning and he mentioned
all the you know, we're going to get the tax
cuts through. They always mentioned all that, and Newt failed
to mention spending.
Speaker 10 (33:35):
And so the the.
Speaker 9 (33:36):
Author, no one wants to deliver the hard news, right,
So the freedom call folks.
Speaker 5 (33:40):
Hang on, hang on, hang on. The old playbook.
Speaker 4 (33:43):
It's called supply side cut best and said the last time,
I agree with you. The supply side cut should be
on incentivizing work, but particularly incentivizing capital for investment and
to make that permanent. My concern is, particularly for businesses,
the supply side part of this is not perme to
do that. You'd have to have either cut further spending
(34:05):
cuts or revenue increases in other areas, Like I don't know,
randomly the upper bracket. I'm just throwing out a random,
random thing, which folks trust me to make the math work.
Unless you want sixty three dollars a debt, we're gonna
go there. We're gonna get there. Eventually. It's a winding road,
(34:25):
but we're gonna get there. What about that? Just talk
to me, because the supply side guys always say, oh,
I'm gonna get the growth rate up and the growth
right up. With a tax structure you got, you're going
to generate more cash. So how do we get the
growth rate up to two and a half three three
and a half percent? Remember in twenty nineteen, in the
fourth quarter, I think Trump's growth rate was three and
(34:47):
a half percent. And that's what Janet Yellen is the
Fed taking a tree in dollars off the balance sheet.
That caused headwinds. Had to be done, but his growth
rate could have been higher because of his tax cuts.
The first time. Now, how do you make this more
supply side by making it permanent? Dave Brad you're an
old supply side You're an old Jack Kemp aficionado.
Speaker 5 (35:06):
How do you do that?
Speaker 10 (35:08):
Yeah, yes I am.
Speaker 9 (35:11):
And every time I come on the War room, my
goal is to show that productivity's been going down for
seventy years because we've been doing kenesy and economics and.
Speaker 10 (35:20):
Non supply side stuff. But this budget is all gimmicky, right.
Speaker 9 (35:25):
That three hundred billion I just mentioned from Medicaid that
only kicks in in the fifth year, So the three
hundred billion could be six hundred billion immediately in savings
that go toward permanent tax cuts. The salt thing over
ten is half a trillion dollars, and that's at the
lower number.
Speaker 10 (35:43):
That's not like a thirty k deduction whatever. And Lawler
from New York is just going all out. He's at war.
And Lawler had a comment I got to hear somewhere.
Speaker 9 (35:53):
He says, people are leaving New York because of the
cost of living.
Speaker 10 (35:57):
Well.
Speaker 9 (35:59):
The solution to that is to just pay New Yorkers right,
subsidize failing states and the poor.
Speaker 10 (36:07):
The poor.
Speaker 9 (36:08):
He wants eighty thousand dollars salt thing. The average American
doesn't even make eighty thousand dollars, right, I mean, so, yes,
we need to incentivize capital capital investment business, and only that,
not the tax breaks for the rich, the pass through stuff.
Speaker 10 (36:27):
It's a good thing. The American people don't understand that, right.
Speaker 9 (36:30):
That huge thing goes to what's called compensation to hedge
funds and private equity and venture capital on their income roughly,
and they get a twenty percent rate and not at
the higher rate. And so you know, if that was
going to manufacturing or capital people or whatever, I'd have
(36:50):
less of an issue. I'd still have an issue because
it's not fair. But our folks should have come in
with a Milton Friedman esque type of flat tax that
everybody pays. And the American people like that. And if
Trump delivered a text, you're.
Speaker 4 (37:06):
Going to you're going, you're going to you're going to
your you're going to your milk cream and your aust
school economics is coming through and it's fair.
Speaker 10 (37:14):
It's fair. No one's going to argue.
Speaker 9 (37:16):
And then you do a negative income tax for the
poor and boom. Then you stimulate the economy and everyone
it ends the class war and the left is out
of business.
Speaker 10 (37:27):
They have no messaging anymore. They're done.
Speaker 4 (37:29):
And uh, whatever's going to happen today? What do you
think is going to happen today in this markup? I mean,
are we going to get through this? And what's going
to happen President Trump? I was gonna put some pressure
on some folks, but I think russ someone's got to
walk the president through the entire package and what it
means for deficits. No one's countered our argument that this
is two trillion dollars of deficits are more every year.
(37:52):
We're not bending the arc. We're not going from the
and this is their number, not my number. Six and
a half percent deficit to down to three and.
Speaker 5 (38:01):
A half percent. I don't see that happening.
Speaker 4 (38:04):
Have you seen any number that shows that we're that
this initiates the journey in the process to get there.
Speaker 10 (38:12):
No, it goes in the wrong direction.
Speaker 9 (38:15):
Everything's moving toward increasing tax deductions instead of going to
the supply side. In twenty seventeen, we got rid of
one point five trillion dollars right in the Tax Act,
and now we're only getting rid of you know, half
a trillion, So we're losing a trillion on there.
Speaker 10 (38:35):
That's just a tax piece.
Speaker 9 (38:37):
And so no, I think there's going to be some holdouts,
and I hope there are, because the orthodoxy of Republicanism
is tax cuts, but it's the spending first, right, the idea.
You know, just think of the founding fathers or anybody
that has a brain in their head, or any of
(38:58):
the great leaders you know we had sixty years ago,
et cetera. This would have been absurd to them. I mean,
can you picture a Jefferson or a great mind going
along with this just gimmicky stuff, little to buy off
voting blocks, and it doesn't work. You're becoming democrats and leftists,
(39:18):
and you're just moving in the wrong direction on the
logic of what we have to have in place to
have a great country. And so I think there's going
to be some holdouts on the Freedom caucuside, and they're
going to call them every name of the book, the
Salt guys on the Eastern Coast guys, and the Moderates
supposedly they're holding not also, but they're holding out for
(39:39):
non I don't know.
Speaker 4 (39:41):
I'm missing it because I don't know how the Salt
guys justify they've won the argument that lower brackets are
basically correct.
Speaker 5 (39:48):
Me if I'm wrong, this salt argument is uh, I
tell you what.
Speaker 4 (39:52):
Hang on, I'm going to bring you back after us
because the salt argument, I think where they're arguing now
is protecting the wealthy right. I don't think it's about
the middle class and the working class and the Sault agreement.
Speaker 5 (40:04):
I think they're already up to thirty or forty thousand bucks.
Speaker 4 (40:06):
Anyway, hangover a second. So this is President Trump, having
changed the direction of the world, is coming back to
making sure he's putting guys in the clock on trade
deals and the big beautiful, the big beautiful reconciliation process.
Make sure you probably going to have to be at
the ramparts with us next week. Make sure you're available
(40:26):
and not chasing somebody that's taking your title and taking
going to a hard money lender and got a second
mortgage out on your house. National debt's already big enough
second mortgage on it. Don't let them do it. Home
title lock has a triple lock one million dollar triple
lock protection, twenty four seven coverage alerts in the middle
of the night.
Speaker 5 (40:45):
If all else fails. One million dollars.
Speaker 4 (40:48):
Restoration project in process with top lawyers, home title lock
dot com promo code Steve check it out.
Speaker 1 (40:57):
Now, cutting Medicaid, Medicare, social Security is simply untruthful. You
cannot cut social Security anyway. And you know what this
boils down to is a complete We're operating on two
different universes. You think the tax money is yours, government
is your god and you that's what your bottom line
(41:22):
that you have. You supported an administration in Joe Biden
that train break this country by letting fifteen to twenty
million illegals in this country where we have paid a
price and are continuing to pay a price. Now where
are we on this bill? The tax cuts are great.
The tax money is the taxpayers, not the government bureaucracy.
And what we're dealing with now is so many good
(41:43):
things that are happening.
Speaker 5 (41:45):
You can use.
Speaker 1 (41:45):
Class warfare, rich, poor, black, white. You're off base. Seventy
seven million people told you you were off base, and
you're still off base. But here's the questions I would
ask in Miss Sherman. I know you know this is
it right for healthy, able bodied Americans that could work
(42:06):
that don't work it's over twenty five million, healthy, able
bodied Americans that don't work. Is it right for them
to have a paycheck? I don't think so. Is it
right if you're an illegal alien? Which the left side
of the right side of this AISLB my Democrat friends
led in this country.
Speaker 5 (42:23):
If you're an illegal?
Speaker 1 (42:24):
Is it right to have illegals cash and checks with
money we don't have? And to phase this in for
four years and give a we're telling a healthy body
of healthy American that you've got four years to get
a job. No, the payment stops now. If you're a
need illegal, the payment stops now.
Speaker 5 (42:44):
On the IRA, these a.
Speaker 1 (42:47):
Lot of these credits have been in existence for thirty
and forty years and you're talking about giveaways. We want
to help those who really need help, and that's what
we are. That's the heart of this. Sadly, I'm a
I'm a hard no. Until we get this ironed out,
and I think we can. We may progress, but it
just takes time, and it's time that if if, if
(43:10):
we're going to continue to have just what I mentioned,
able bodied Americans getting checks, illegals getting checks, subsidies that
go to corporations that should shouldn't get them.
Speaker 10 (43:20):
I'm out.
Speaker 1 (43:21):
So thank you for miss Chairman again for what you've done,
and thank you for this this budget committee.
Speaker 7 (43:28):
How you I think the gentleman from South Carolina and
now yeld to mister Paul Tunko from New York for
three minutes.
Speaker 5 (43:36):
Thank you, mister Chairman.
Speaker 3 (43:37):
I'm in strong opposition.
Speaker 4 (43:39):
Let me have you heard Ralph Norman there, he's a
hard no some of the issues about with medicaid. You know,
we want to protect medicaid, particularly from maga hardworking folks,
but you got to have requirements.
Speaker 5 (43:52):
You got to you gotta work, gotta have a job.
Speaker 4 (43:55):
Can't be laying around and have the government to sit
there and pay for your medical can't happen. Sorry it
Maybe some people may say that's tough or cool, but hey,
it's a tough world and the requirements have got I
think they don't kick into twenty twenty nine. That's what
Ralph Norman's talking about. There's so much other day bread,
there's so much other things in here that just got
(44:18):
to be wrung out, gotta be wrung on now because
we're paying, we're barring from China to pay for all this.
It's just bearings deeper, deeper your thoughts, sir.
Speaker 9 (44:30):
Well, Ralph Norman is great and people need to follow
people like that and compliment them for doing a tough job.
He's about ready to have Heaven and the Earth come
down on his head tonight. The leadership, they always position
the House and then the freedom fighters right at the
end of this process. Right, so it starts at one
(44:52):
point five trillion. Now it's down to zero, and we
might actually end up increasing spending and then the ta
side that we just described. But what he just said
was my little sermon yesterday. You guys are lying, he
told the Democrats straight to their face.
Speaker 10 (45:08):
You're lying.
Speaker 9 (45:09):
We are not cutting medicaid requiring people to work while
they get a check, which is a good that we're
helping them, right, We're helping the poor sending them a check,
and so saying you've got to work. I mean, the
moral case couldn't be more clear. And the republic that's
what I'm saying. The Republicans need to stand up on
(45:30):
these points and simplify this tax code and get rid
of this gimmicky stuff. The flat thing I just throw
out as an idea, But the one good thing about
the flat tax idea is you get rid of all
the lobbyists. You want to talk about, getting rid of
regulation and red tape and inefficient inefficiency in that city.
We've got to clear them out. They're just living. And
(45:52):
the lobbyists for the billionaire tax cut guys, they're loud
and vocal right now. They're all saying I'm not going
to name names right here, but they're all saying, let's
just pass this bill. I get on and we'll improve
the tax cuts the later. There's nothing about spending from
any of them. And if we don't solve this spending piece,
we're in big trouble. We haven't even brought up in
titlements right, Solid Security Medicare that's coming at a later date,
(46:15):
and that's binding too, just like the bond market.
Speaker 5 (46:19):
Yep, we're gonna have a tough one.
Speaker 4 (46:21):
We're gonna make sure hopefully President Trump gets all the information.
I can see already's getting a little worked up. We're
gonna have Can we put up the president to let
you know he's on point. He put up a tweet
just a second ago because anybody noticed that Taylor Swift
is not what he said.
Speaker 5 (46:40):
He was not hot.
Speaker 4 (46:41):
She's like finished President Trump, commander in chief and king
of the troll is just unbelievable getting on Taylor Swift.
But hey, we told you Taylor Swift was all plotting
to go to go campaign for Biden and Kamala and
and got waved off when people talked to her about
the math.
Speaker 5 (46:59):
It's a President Trump is right there.
Speaker 4 (47:01):
Dave Bratt, where do people go to get your charts
all your analysis. We'll try to get you back onto
mar because this weekend, I can tell you this budget
thing is going to be a topic of conversation with
President Trump.
Speaker 10 (47:13):
Yep. Great, everybody get educated.
Speaker 9 (47:15):
I put my charts up from the other day on
the Great Depression up on X and get her Bratt economics.
And the most important thing is to spread the war room,
spread this platform, because you see the knowledge you're getting,
and if the country doesn't get this stuff, we can't
fix it.
Speaker 5 (47:34):
Amen, brother, thank you so much.
Speaker 4 (47:36):
Trying to get people out there, going to get them
more up to speed. That's one of the reasons say
go you want a quick tutorial text ban and b A.
Speaker 5 (47:46):
N N O N nine eight ninety eight, you get
Birch Gold.
Speaker 4 (47:49):
It's a free brochure on investing in gold and precious
metals in the age of Trump. You walk through all
of trump anomics and the economics of it.
Speaker 5 (47:58):
You get a real schooling on that. Plus you get
to know.
Speaker 4 (48:03):
The Philip Patrick and the team who are going to
Rio for the Rio Reset. Also one of our sponsors
my Patriots Supply. They're the leaders in the space of
preparedness and making sure that you're never caught unaware. They've
got a four week food supply, which is they're basic.
Normally it's three for three hundred and forty seven bucks.
They've cut one hundred bucks off that for their basic
(48:25):
four week, which you get over two thousand cours a day.
The thing is the standard one that usually people start with.
Speaker 12 (48:30):
They're throwing in four free seventy two hour food kits,
so you get an additional twelve days free food plus
one hundred bucks off.
Speaker 4 (48:41):
My Patriots Supply dot com go check it out. The
best company in the readiness and preparedness space. Short commercial
break two minutes. We're back for the second hour. We
are jammed up an hour two in the war word
Popular Podcasts
Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.