1. Tax Cuts
- 97% of tax filers received a tax cut
- Total relief: $82 billion
- Average savings:
- $100k–$200k earners → ~$1,250
- $50k–$100k earners → ~$815
- Policy features emphasized:
- No tax on tips
- No tax on overtime
- No tax on Social Security
- Expanded standard deduction
2. Media and Political Criticism
- The media is ignoring or hiding the benefits of the tax cuts
- Democrats are accused of:
- Misrepresenting the bill as benefiting only the wealthy
- Opposing policies that help workers
- Increase GDP:
- +1.2% to +1.5% projected growth over several years
- Put more money into households
- Stimulate economic activity
3. Manufacturing & Shipbuilding Segment
- $24+ billion investment in the Coast Guard
- Building Arctic icebreakers
- Competing with Russia and China in the Arctic
- Creation of:
- 2,000+ jobs in Texas
- Additional indirect jobs
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Episode Transcript
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Speaker 1 (00:00):
Welcome.
Speaker 2 (00:00):
It is Vertic with Center, Ted Cruz, Ben Ferguson with you.
It's nice to have you with us and Center. We've
got some data that has come back and it should
make every American excited, especially hard working Americans that are
working hourly wages, working over time. They are taking huge
advantage of the major tax cuts that were passed in
(00:20):
the Big Beautiful Bill.
Speaker 3 (00:22):
Well, we have some stunning results in terms of how
nearly every American in this country got a meaningful tax
cut from the working family's tax cut.
Speaker 4 (00:30):
We're going to break that all down for you.
Speaker 3 (00:31):
We're also going to talk about bringing manufacturing and shipbuilding
back to America and in particular defeating Russia and China
in the Arctic with ice cutters, a big national security
step forward and a big step forward for jobs and
for the future of manufacturing in America. But before we
do all that, I need to ask you. For those
(00:54):
of you who are not watching the video. And by
the way, we do this on YouTube, we do this
on rumble. But if if you're not watching the video,
I need to ask you, man, are you trapped in
some sort of Paisley Hell? Like? It really does seem
like this prison cell of beige Paisley behind you that
(01:16):
I'm looking at you, going, what on earth are my
eyes gazing upon?
Speaker 2 (01:21):
So I am more patriotic in love America more than
you do right now in this moment, because I am
in Boston and we are doing our family vacation, and
I am at the oldest hotel, like running, continuously running
hotel in American history. And this is the room that
they put me in to do the show tonight, which
is one of their meeting boardrooms, but it is the
(01:43):
oldest hotel in America. It's right where like everything happened
in Boston, all the history is out in the front
door and to the right, and so that's where I
am right now. Plus you know the park House roles,
because don't act like you don't know what a park
House role is. I know you love those, right, you
love those roles. You know what I'm talking about? The
East I'm waiting. You're a fan, right.
Speaker 3 (02:02):
Trying very hard to do no carbs, So yes, I
love them, but I'm trying to do no carbs, so
I'm trying not to have them.
Speaker 2 (02:08):
Okay, So I am at the hotel where those were created.
And so when you get here, they tell you they're like,
by the way, this is the park house.
Speaker 1 (02:16):
That's yes, the roles.
Speaker 2 (02:17):
You can go in the restaurant right here, and you
can get the original recipe that started and went all
over the country. So there you go. So I got
even that on you. And they were really good. If
you were here, I promise you would partake.
Speaker 1 (02:28):
They're that good.
Speaker 3 (02:29):
So I will say for the record, you're saying that
that for vacation with your family, you felt the need
to flee bright Red, Texas, to flee the land of liberty,
the land of individual rights, to go to Elizabeth Warren's hometown,
that you wanted to be surrounded by Marxists who want
to take your guns?
Speaker 4 (02:48):
Is that right? Is that you're wrong your family vacation choice.
Speaker 1 (02:53):
Well, the family vacation.
Speaker 5 (02:54):
Was We're going to go to where America started in
the two hundred and fiftyth anniversary, and we wanted to
show them all of it America was and and where
it began and where everything where people fought and died
for this country.
Speaker 1 (03:07):
And I figure they're old enough to do that. So
that is that is the amen.
Speaker 4 (03:11):
Amen.
Speaker 3 (03:12):
And And and as you know, I lived in Boston
three years during law school. And and and I will say,
I don't like the politics.
Speaker 1 (03:20):
Of the name of that law school you went to.
Is we should make sure we get that out there right.
Speaker 3 (03:24):
Uh uh it was Boston Community College. And uh.
Speaker 4 (03:29):
Look, look, I don't like.
Speaker 3 (03:31):
Their politics of of who they they elect uh into office.
But I will say Boston is a a beautiful city
and and be the history Boston, along with with with
Philadelphia and New York or are probably the most important
cities in the founding of our country. And and in
terms of of just where the founding. And also Virginia,
(03:55):
not sort of Richmond, but kind of all of Virginia.
You look at those collective they produced the most extraordinary
generation of statesmen between Thomas Jefferson and Virginia and the
author of the Declaration of Independence, an extraordinary leader, John
Adams from Boston, Samuel Adams from Boston, Alexander Hamilton from
(04:19):
from New York via the Caribbean, George Washington for Virginia,
like like those for anyone who knows American history, Boston
is an extraordinary place. And you know what, I still
have hope and call me listen. I mean, when I
was a kid. We referred to it as the People's
Republic of Taxachusets.
Speaker 4 (04:40):
I still have hope.
Speaker 3 (04:41):
I will tell you, I've spent real time campaigning, and
I've lived in Boston three years.
Speaker 4 (04:44):
I spent time. There are good.
Speaker 3 (04:46):
Conservatives there, and most of them are sort of beaten
down and they think, like the Harvard faculty, liberals will
run the state forever. I actually have hope, even for
bright blue states like that, that the pendulum can shift.
Speaker 4 (04:58):
But that being said, it hasn't shifted yet, all right.
Speaker 2 (05:01):
So, by the way, we have verdict listeners here. We
have had two thumbs up while we were walking a lot. Yeah,
and that's a lot for here. And then we've had
three middle fingers to me while walking around with a family.
So we're almost at like fifty to fifty, which is
a lot higher than I thought we'd be at this point.
Speaker 1 (05:18):
You got to keep track of it, and you'll love this.
Speaker 3 (05:20):
By the way, did I ever tell you, Okay, did
I ever tell you?
Speaker 4 (05:24):
A couple of years.
Speaker 3 (05:24):
Ago, I was down on the US southern border in Mexico,
in Texas, but coming in from Mexico, and it was
a border checkpoint where there were a lot of eighteen
wheeler truckers coming across, and I was just standing at
the checkpoint, and so there's just eighteen wheeler after eighteen
wheeler coming across.
Speaker 4 (05:40):
And I got to say, if you're driving.
Speaker 3 (05:43):
A truck across the US Mexico border, you're not expecting
to see like the Texas Senator standing there.
Speaker 1 (05:52):
At the checkpoint. That's a fair point.
Speaker 3 (05:53):
Yeah, every truck truck driver is startled. And I actually
took an informal pole. Yeah, and almost every single truck
driver gave me a finger, either the thumb or the
middle finger.
Speaker 4 (06:08):
Ah. And it was a beautiful informal pole.
Speaker 3 (06:12):
And I got to tell you that that particular day
the survey, the ratio was about eighty twenty. I got
about eighty percent thumbs up compared to twenty percent middle fingers.
But almost nobody refrained from expressing a view and it
was just one finger or the other.
Speaker 4 (06:24):
And I kind of laughed at all of them. I
said thank you and waved yeah.
Speaker 2 (06:28):
You think you Yeah, God bless you, and be safe
on the roadways, right, so you'll like this. My oldest said, hey, Dad,
I want to see Harvard and I was like, we're
not going to go to it and waste her time.
I was like, Dad has spoken at the Kinning school
several times, so one day maybe if I do that again,
if they invite me back, then you can go. But
I said, we will drive and I'll show you where
it is, but you ain't going to college there that was.
(06:49):
That was like that not happening. You're not going to Harvard,
and I feel good about that. I feel good that
that was like good parenting.
Speaker 3 (06:55):
One O one, All right, Ben, let me let me
ask you this quite seriously. Are world class golfers? Oh
my reaction be I gotta tell you admitted them and
asked them to play on the Harvard golf team.
Speaker 2 (07:07):
Oh, I would say probably, not just no, but hell no,
that would just be because I don't want their mind
to just be totally corrupted. But I gotta tell you this.
I didn't I tell you this, So this is exact news.
Bradley yesterday, this is super fun. He was three over
through six holes. He knew that he was three off
the lead. He went Bertie Eagle to qualify for the
(07:29):
World Championships next year, went into a three way off
and in the three way playoff, he eagled the hole
to beat the other two kids who had par puttch.
Speaker 1 (07:40):
So he's going to World next year. I just had
to tell you. It was like the.
Speaker 2 (07:42):
Most fun moment being a dad caddying because he knew
what he had to do.
Speaker 5 (07:45):
He went Bertie eagerly looked at me and he gave
me a fist pump and walked off the green.
Speaker 1 (07:49):
It was so fun.
Speaker 2 (07:49):
But if Harvard calls and says we got you a
full ride, I'm gonna be like, well, that's good news,
because that means a bunch of other schools are gonna
call and give you a full ride one day. And
I just I can't imagine sending them to Harvard knowing
how liberal and woke they are. Now, maybe it'll change.
I'd love for it to change, because when I was
in school, I would have gone to Harvard if I
would have gotten in, but I didn't.
Speaker 1 (08:09):
But I also didn't apply. Let's be clear.
Speaker 2 (08:11):
But I mean like I wasn't afraid of it in
two thousand when I was graduating. Then am I going
to college now? I would be terrified to send my
kid to Harvard.
Speaker 4 (08:21):
Look, we'll see.
Speaker 3 (08:22):
I hope those schools come back and I will say
my Alma Maters, Princeton, and Harvard. I think are probably
embarrassed that I graduated from there. That doesn't make me
terribly happy, But I do think that that there's a lot,
there's a lot to recommend them.
Speaker 4 (08:41):
I had a wonderful time. I loved my time in college.
I loved my time in.
Speaker 3 (08:44):
Law school, and I do you know, part of me
grieves at how woke higher education has gotten, particularly the
more elite academic.
Speaker 4 (08:55):
Institutions, and I hope that changes.
Speaker 3 (08:57):
I do think one of the things the Trump administration
is trying to do is to try and to take
on the woke culture. That's a hard thing to change, yes,
but listen, I would like many of our nation's leaders,
historically and probably in the future will continue to get
educations at the most exclusive schools, and I would like
(09:19):
them to be not communists and doctrination camp. So my
hope is they'll get better over time.
Speaker 4 (09:24):
I don't know if they will.
Speaker 2 (09:25):
All right senat So let's get into these incredible tax breaks,
and this is a story that the media is refusing
to cover because it's such incredible news for the average American,
hard working American. Before we get to that, though, I
do want to take a moment and talk to you
about the International Fellowship of Christians and Jews and the
work that is continuing to be done for those in
need right now in Israel. When you hear about Israel
(09:47):
and the news, it's easy to think of headlines, politics,
or another conflict far away. But for families in Israel
and Jews around the world, this is incredibly personal. Anti
Semitic attacks in the Holy Land and across the globe
are happening right now. Elderly Holocaust survivors who endured so
much already again fear for their lives. Jewish families are
(10:09):
praying for the freedom to worship in safety, and in
moments like these, your voice matters because your voice can
remind them that they're not alone. The International Fellowship of
Christians and Jews inviting you to leave a personal prayer
or message of encouragement that will be delivered directly to
someone in Israel who needs hope right now, not filtered
(10:31):
through the media, not lost online, but personally delivered. A
simple prayer, a few heartfelt words they can lift the
spirit of someone facing fear, uncertainty, and isolation. This is
more than support, This is standing with Israel when it
matters the most. Go to PREYIFCJ dot org. That's Prey,
(10:51):
pr ay IFCJ dot org, and you can submit your
prayer today. That's Prey if CJ dot org. Center this
story of what Republicans did with a big, beautiful bill.
We are now seeing that the fruits of that legislation.
(11:12):
It had an amazing impact on tax day and filing
for so many Americans, especially those working hourly wages, those
working over time, just trying to get ahead for themselves
or for their families. And if you look at it
in comparison to what the tax bill would have been
for Americans if Democrats would have gotten their way, this
(11:33):
is a story that I can't believe that it's not being celebrated,
and yet the media is acting like it didn't even happen.
Speaker 3 (11:39):
Yeah, listen, if you're a taxpayer in America, the odds
are overwhelming that you got a tax cut as a
result of the Working Families tax cut last year that
President Trump signed into law the Republican Congress passed, and
the odds are significant that you got a big tax cut.
We're gonna break down the numbers, but it's worth understanding.
If you haven't heard that, that's not an accident. The
(12:03):
media doesn't want you to hear that. The Democrats don't
want you to hear that. They want you to believe
that nothing happened. Let's look at the data. Here's the data.
This is the story in the New York Post, the
headline of which is almost every US tax filer got
a cut this year, coming to a total of eighty
two billion.
Speaker 4 (12:21):
Dollars in relief. This is from the Treasury Department.
Speaker 3 (12:24):
Here's what the Post reported, quote, Nearly every person who
filed taxes this year received a tax cut, coming to
a whopping eighty two billion dollars in relief, according to
the Treasury Department.
Speaker 4 (12:34):
Data release Tuesday.
Speaker 3 (12:35):
Showed ninety seven percent of filers scored a cut. Ninety
seven percent. Have you seen that on ABC? Have you
seen that on CNN? Have you seen that MSNBC? Why
haven't you ninety seven percent.
Speaker 2 (12:49):
Argument that liberals made to say noted this big, beautiful
bill was they said it was only going to affect
the wealthiest one percenters, the rich.
Speaker 1 (12:57):
Bernie Sanders AOC was out alive.
Speaker 2 (13:00):
Right, it was a lie because ninety seven percent means
the majority of Americans are not billionaires and millionaires, to
use Bernie Sanders line, So they just flat out lied
to you, and they knew it.
Speaker 4 (13:09):
And the data are even more compelling. By the way.
Speaker 3 (13:12):
The contrast, if we had not passed the Working Family's
Tax Hut, you know what would have happened on January first.
There would have been a five trillion dollar tax hike.
That's what Democrats wanted. Instead of ninety seven percent of
taxpayers having their taxes cut, you would have had I
don't know if it's ninety seven percent would it, but
it would have been virtually every taxpayer having a massive
(13:36):
tax increase. So that's the choice, either a tax cut,
which is what has happened, or a massive tax increase.
And and here here are the specific data. Treasury officials
said filers making one hundred thousand to two hundred thousand
who tapped the new brakes pocketed an average cut topping
(13:59):
one thousand, two hundred and fifty dollars. So if you
made between two hundred thousand dollars, you got over one
thousand dollars in tax relief, while those with incomes between
fifty thousand and one hundred thousand grabbed more than eight
hundred and fifteen dollars on average. That's additional money in
your pocket to pay for food, to pay for education,
(14:21):
to pay for the needs.
Speaker 4 (14:23):
Your family has. What else?
Speaker 3 (14:27):
More than seven point five million workers claimed the no
tax on Tips tax break. By the way, I am
the author of no Tax on Tips. If you're a waiter,
if you're a waitress, if you're a bartender, if you're
a taxicab driver, if you claim no tax on tips.
I wrote that law. Seven and a half million workers
benefit from it. The average deduction was seven thousand dollars. Now,
(14:54):
I got to say to a waiter or a waitress,
or taxicab driver, or bartender or barber, seven grand is
real money. You want to talk about delivering relief, that's
real money. But you know what, that is small in
terms of the number of filers compared to no tax
on overtime. How many filers do you think benefited from
no tax on overtime?
Speaker 2 (15:15):
Oh, it's going to be astronomical number compared to what
the Democrats said. They said, Oh, this is not going
to work and no one's gonna care. Well, guess what
they did.
Speaker 3 (15:23):
Well, more than twenty nine million filers YEP, benefited from
no tax on overtime. The average deduction was three thousand,
one hundred dollars. By the way, where do they fall.
The democrats of the media are going to say it's
all the rich. Three quarters of the people who benefited
from no tax on overtime, their income fell under one
(15:47):
hundred thousand dollars. You know how much? How many people
earned under two hundred thousand dollars?
Speaker 1 (15:52):
How much?
Speaker 4 (15:53):
Ninety six percent.
Speaker 3 (15:55):
This was a targeted tax break to working class Americans
who needed it. By the way, the standard deduction was doubled.
That simplified life for one hundred and twenty seven million filers,
which is equivalent to ninety percent of all returns filed.
Speaker 4 (16:15):
Have you seen that on the news? No you haven't.
Speaker 3 (16:18):
Yeah, Well, in fact, Treasury said that number will go
up because some people have filed extensions. They expect it
to be more than ninety percent of filers will benefit
from the double standard deduction.
Speaker 2 (16:29):
You look at these number, center, and I go back
to something that we mentioned earlier. There wasn't a single Democrat,
if I'm not mistaken, that voted in favor of this right.
Speaker 1 (16:38):
They were all unanimously at.
Speaker 4 (16:39):
Zero zero in the House, zero in the Senate.
Speaker 2 (16:42):
Yeah, so it was unanimous the Democratic Party. And this
should be a big issue I think in the mid terms.
They wanted a five trillion dollar tax increase on the
American worker. And they didn't want to pass no tax
on tips, They didn't want to pass no tax on overtime,
they didn't want to double the standard deduction. They said,
let's be clear, you elect us, and we're gonna raise
(17:05):
your taxes by five trillion dollars in the next tax
cycle if they had it their way. That is the
Democratic Party, which is why the media is not talking
about this. The candidates on the Democratic side aren't talking
about this like this affected almost every tax file in
America in a positive way. Why on earth is this
not getting more coverage than it is right now.
Speaker 3 (17:26):
Look, it's up to us to share that. And that's
one of the reasons for every one of you that
listen to this podcast, that watch this podcast, share it
because your friends, your neighbors, your family, your colleagues, they
don't know this.
Speaker 4 (17:38):
The media is lying to them.
Speaker 3 (17:40):
They don't want them to know that they've gotten a
significant tax cut. Let's take the Trump accounts as you know,
I wrote the Trump accounts, the Trump accounts and the
school choice provision. Both of them, I wrote, I think
they're the two most consequential provisions of this entire bill.
To date, more than five point five million Trump accounts
(18:01):
have been opened for kids under eighteen, and one point
four million kids are eligible for the one thousand dollars
contributions that are there for newborn kids.
Speaker 1 (18:14):
Incredible.
Speaker 4 (18:15):
How many of the kids do you.
Speaker 3 (18:16):
Think are from families earning less than two hundred thousand dollars.
Speaker 2 (18:19):
I would bet a large percentage of them. And that's
exactly the way you guys wrote this.
Speaker 3 (18:25):
Yep, eighty six percent. So when the Democrats of the
media say, oh, this is just a benefit for the rich,
that is a lie. Eighty six percent are going to
kids of families earning less than two hundred thousand dollars.
Speaker 4 (18:39):
All right, let's take on top of.
Speaker 3 (18:42):
That no tax on Social Security, that that is obviously
targeted towards seniors. Yeah, more than thirty million Americans claim
the deduction for no tax on Social Security. The average
deduction is more than seven thousand, five hundred dollars. Look,
many of our listeners are young. We've got a lot
of listeners who are at high school, who are in college,
(19:04):
who are young working professionals. But we also have we
have gen X listeners, and we have we have listeners
that are seniors. If you're a senior, if you're on
Social Security, no tax on Social Security provided real relief
to you. And by the way, if you have a
family member, if you have a mom or or grandfather,
or uncle or aunt or family members on Social Security,
(19:28):
send them this podcast. Let them know that their taxes
went down for one reason and one reason only because
President Trump was reelected and because we had a Republican.
Speaker 4 (19:38):
House and Senate.
Speaker 3 (19:40):
And if they like their taxes going down, they want
to continue to have a Republican House and Senate.
Speaker 4 (19:45):
Now, what is it interesting?
Speaker 3 (19:47):
Do you know what the benefit is to GDP from
the working family's tax cut?
Speaker 1 (19:54):
What's the number?
Speaker 3 (19:56):
The estimate is that the GDP is one point two
percent greater WOW in twenty twenty six this year. Next
year it will be one point four percent greater in
twenty twenty seven, and then in twenty twenty eight it
will be one point five percent greater before settling in
at a one point two percent long term gain. That
(20:19):
is real wealth that is impacting real families. And it's
not just a handful of gazillionaires. It is every worker
in America. That's real results, and the media desperately doesn't
want you to know about this.
Speaker 2 (20:33):
I want to take a quick moment and talk to
you about an incredible organization and it is called Compassion International,
and how you can get involved.
Speaker 1 (20:42):
I want to be.
Speaker 2 (20:42):
Honest with you for a second about how an act
of compassion really feels. A couple of years ago, I
made the choice to partner with an amazing organization called
Compassion International. Why because I wanted to sponsor a child
in need. It was a nice idea, sure, but I
had no idea just how much that simple act would
(21:04):
change my life as well. I sponsored Nadia and got
to watch your life change right in front of my eyes,
going from starving literally alone on the streets to getting
the healthcare and education she needs to reach her God
given full potential. I got to be a part of
that change, and the light of that compassion not only
(21:25):
illuminates in her, it illuminates now in me. That is
the power of compassion. The light of Christ shines on
all of us. Feel it for yourself and change literally
a child's life, change the world, and you also change yourself.
You can sponsor child today. Visit Compassion dot com. That's
(21:48):
Compassion dot Com. I want to center on to another
really interesting story. It deals with national security, especially with
what's happening in Middle East. And I ran right now
and something that we've highlighted and talked about on this
show in the past, and that was that ship building
was not happening in the United States of America. That
is a national security issue, and it was a very
(22:10):
clear national security issue that was brought up. You were
one of those sounding the alarm on it, because when
you're dependent on your ships being made overseas and you
have things that happened, whether it's COVID, right, that's not
even a war, but with COVID and all of these
issues that we're now seeing in the Middle East, we
needed to bring ship building back to the United States
of America, and now we are seeing that actually happen.
Speaker 4 (22:31):
Yeah.
Speaker 3 (22:32):
Another one of the major provisions of the Working Families
Tax cut was the funding for the Coastguard and the
way it works in the Senate when you're writing a
bill in reconciliation, which is the process we used to
pass the Working Families tax cut. Each committee chairman writes
the portion of the bill that is within his or
her jurisdiction. I'm the chairman of the Senate Committee on Commerce, Science,
(22:55):
and Transportation. We've got jurisdiction over about forty percent of
the US economy. Every single provision that was in my
jurisdiction I was responsible for writing, and I did write.
One of the subjects that is within the jurisdiction of
the Commerce Committee is the Coast Guard. The Coastguard falls
within our jurisdiction. We funded more than twenty four billion
(23:18):
dollars billion with a B into.
Speaker 4 (23:21):
The Coast Guard.
Speaker 3 (23:22):
That is the largest single investment in the history of
the United States and the Coast Guard. I want to
give you a sense of the order of magnitude of that.
The annual budget of the Coast Guard is between eleven
and twelve billion dollars. In one year, we invested more
than double the annual budget of the Coast Guard to
rebuild their fleet, to rebuild to purchase new ships, to
(23:44):
purchase new helicopters, to purchase new capital and infrastructure. One
of the biggest elements of our investment was Arctic ice cutters.
So if you look at the Arctic, the near the
North Pole and all around the Arctic, that is a
major national security contested domain. Russia and China are both
(24:07):
killing us in the Arctic, and the United States has
fallen way behind. And we put in the funding to
build new Arctic ice cutters, and the Trump administration signed
a contract to purchase eleven new Arctic ice cutters and
in particular to build many of them here in the
United States. So I started this week Monday morning down
(24:30):
in Galveston, Texas. And in Galveston we had a groundbreaking
for a brand new shipyard where there's over a billion
dollars being invested. It's going to create more than two
thousand jobs to build Arctic ice cutters. And not only
is that important for that investment, those new jobs, but
that's an expertise that doesn't exist in the United States.
(24:50):
We're going to see more commercial ships built in the
United States and in Texas and Galveston and Port Arthur
because of this investment. I spoke at the ground breaking.
Give a listen to hear what I had to say
at the groundbreaking, and I was very proud when President
Trump announced that three and a half billion dollars was
going to Davy Defense to build five Arctic security cutters
(25:14):
and to build them here in the Texas Golf Coast.
That is going to produce over two thousand high paying
jobs here on the Texas Golf Coast. And and mark
(25:38):
my word, that's just the beginning, because that is going
to fuel a renaissance of shipbuilding right here on the
Texas Golf Coast. A final observation about Galveston. Folks here
are really particular about Galveston.
Speaker 4 (25:59):
It's a thing you will learn.
Speaker 3 (26:01):
There's a phrase that folks from Galveston will tell you,
which is bo I born on the islands. And it's
a little bit. There's an old line that you never
ask anyone if he's a Texan. If he is, he'll
tell you, and if he's not, you don't want to
embarrass the guy.
Speaker 2 (26:20):
I love, by the way that that line there center
because it is, by the way, totally accurate. But this
is a really big, I think moment as you described it,
for national security. It also makes us not dependent on
foreign countries and foreign workforces for things that deal with
national security. This is part of what you've been advocating
(26:41):
for with America First policy is with the Trump administration
as well, and being able to do this and do
it quickly, and also to get these cutters back into
the Arctic where we need them from a national security standpoint.
This is a big win all the way around, and
it produces American jobs, and not just a few, as
you mentioned, You've got thousands, and then you have the
(27:02):
support jobs around those jobs as well.
Speaker 3 (27:04):
Well, that's right, And let me tell you a little
bit of history. You look, you're a relatively new Texan.
You're from Memphis. So this is a bit of history
that I shared at the press conference that that that
that you may not know and that everyone in Galveston knew,
but but maybe other people don't. So Galveston used to
(27:26):
be the largest city in Texas.
Speaker 4 (27:29):
Wow.
Speaker 3 (27:29):
Galveston was called the Queen of the Gulf Coast. Galveston
was also called the Wall Street of the Southwest, and
Galveston was called the Ellis Island to the south. And
just like Ellis Island, when people came as immigrants, they
would come to Galveston.
Speaker 4 (27:48):
That that that was the port.
Speaker 3 (27:49):
Of entry where where vast numbers of people came to
America through Galveston, and and what happened is in nineteen hundred,
there was a devastating hurricane that killed between eight thousand
and twelve thousand people in Galveston, and they didn't have
the technology to have any early warning signs, so the
hurricane just hit and destroyed the city and it remains
(28:12):
the single most devastating natural disaster in US history. But
a really cool fact that I pointed out, and I
bet you you don't know this, ben In eighteen thirty six,
Galveston was the capital of the Republic of Texas. The
Republic of Texas, we were our own nation, and Galveston
was our capital right when we became our own nation.
(28:34):
And so I said, look, it's really special that we're
seeing thousands of new manufacturing jobs coming to Galveston, shipbuilding jobs.
Speaker 4 (28:43):
And I mentioned in.
Speaker 3 (28:44):
The clip you we just played the phrase BOI and
by the way, you'll meet people from Galveston who were fifth, sixth,
seventh generation BOI board on island. And what I called
for at the press conference, I said, listen, every Arctic
ice cutter you build there. I turned to the CEO
of the company Davies, that's going to be building them,
And I said, I hope and expect on every one
(29:05):
of those Arctic ice cutters, somewhere in the interior on
the hall, you will engrave the simple letters Boi, because
those Arctic ice cutters will have been born on the
island of Galveston. And that's an awesome thing. But it's
an awesome thing for American jobs. You look at what
President Trump is fighting to do, what I'm fighting to do,
(29:27):
it is bring jobs back to American manufacturing jobs. And
I'll tell you a little bit. Let me bring you
a little bit inside the story. So the bill we wrote,
we had the funding for what was likely to be
five to six Arctic ice cutters.
Speaker 4 (29:41):
And there was a battle. There was a battle that went.
Speaker 3 (29:44):
To the to the White House about where that contract
would go. And that battle was principally between Texas and Louisiana.
Now I love Louisiana. My parents met New Orleans. My
mom went to high school in Battery Rouge. Louisiana is
a great state. And to be clear, Louisiana as the
home of the Speaker of the House Mike Johnson and
Steve Scalise, the House majority leader. They're both very good friends.
(30:06):
They were understandably fighting for their state and wanted the
ship building in Louisiana. I was fighting for Texas, and
I will tell you it was a knife fight at
the White House. I spoke repeatedly to the President of
the United States. I spoke to the senior staff in
the White House over and over and over again, and
it was a real fight. We didn't know who was
going to win Texas and Louisiana. And I want to
(30:28):
give the President real props here. Look, we all know
before he was in the White House, the President was
a businessman and he is very committed to getting more
for less. So the proposal, the legislation that had been
passed was funding to build five to six new ice cutters.
Trump said that's not enough. I don't want five to six,
(30:48):
I want eleven. And so they found new funding that
had been appropriated by Congress, and what they ended up
doing was approving both. So there's several ice cutters being
built in Louisiana. There are several being built in Texas.
And it was a win win, and it's a great example.
He went to the shipbuilding companies and he said, I
want you to cut your prices and deliver more ships.
(31:10):
And they did. And this was not staff driven. This
was you know, Trump is a builder, so he I mean,
he likes thats like negotiating a contract. And he leaned
in and instead of five to six ized cutters, we're
getting eleven. Instead of just one place Louisiana or Texas,
we're getting both. And we're getting thousands and thousands of
new jobs. And we're going to be able to compete
(31:32):
with and protect our national security the Arctic against Russia
and China.
Speaker 4 (31:36):
It is a win win all around.
Speaker 1 (31:38):
It really is an incredible story.
Speaker 2 (31:40):
And again when you go back to fighting for America first,
this is what you get when you get the votes
to do it.
Speaker 1 (31:46):
It's incredible.
Speaker 2 (31:46):
Congrats and a big victory for American workers there.
Speaker 1 (31:49):
Don't forget. We do this show Monday, Wednesday Friday.
Speaker 2 (31:52):
Hit that subscriber auto DOWO button so you don't miss
episode and what we told you today. Please share it
on social media so other people here the news about
the text cuts. It really is incredible and the Center
I will see you back here on Friday morning.
Welcome.
Speaker 2 (00:00):
It is Vertic with Center, Ted Cruz, Ben Ferguson with you.
It's nice to have you with us and Center. We've
got some data that has come back and it should
make every American excited, especially hard working Americans that are
working hourly wages, working over time. They are taking huge
advantage of the major tax cuts that were passed in
(00:20):
the Big Beautiful Bill.
Speaker 3 (00:22):
Well, we have some stunning results in terms of how
nearly every American in this country got a meaningful tax
cut from the working family's tax cut.
Speaker 4 (00:30):
We're going to break that all down for you.
Speaker 3 (00:31):
We're also going to talk about bringing manufacturing and shipbuilding
back to America and in particular defeating Russia and China
in the Arctic with ice cutters, a big national security
step forward and a big step forward for jobs and
for the future of manufacturing in America. But before we
do all that, I need to ask you. For those
(00:54):
of you who are not watching the video. And by
the way, we do this on YouTube, we do this
on rumble. But if if you're not watching the video,
I need to ask you, man, are you trapped in
some sort of Paisley Hell? Like? It really does seem
like this prison cell of beige Paisley behind you that
(01:16):
I'm looking at you, going, what on earth are my
eyes gazing upon?
Speaker 2 (01:21):
So I am more patriotic in love America more than
you do right now in this moment, because I am
in Boston and we are doing our family vacation, and
I am at the oldest hotel, like running, continuously running
hotel in American history. And this is the room that
they put me in to do the show tonight, which
is one of their meeting boardrooms, but it is the
(01:43):
oldest hotel in America. It's right where like everything happened
in Boston, all the history is out in the front
door and to the right, and so that's where I
am right now. Plus you know the park House roles,
because don't act like you don't know what a park
House role is. I know you love those, right, you
love those roles. You know what I'm talking about? The
East I'm waiting. You're a fan, right.
Speaker 3 (02:02):
Trying very hard to do no carbs, So yes, I
love them, but I'm trying to do no carbs, so
I'm trying not to have them.
Speaker 2 (02:08):
Okay, So I am at the hotel where those were created.
And so when you get here, they tell you they're like,
by the way, this is the park house.
Speaker 1 (02:16):
That's yes, the roles.
Speaker 2 (02:17):
You can go in the restaurant right here, and you
can get the original recipe that started and went all
over the country. So there you go. So I got
even that on you. And they were really good. If
you were here, I promise you would partake.
Speaker 1 (02:28):
They're that good.
Speaker 3 (02:29):
So I will say for the record, you're saying that
that for vacation with your family, you felt the need
to flee bright Red, Texas, to flee the land of liberty,
the land of individual rights, to go to Elizabeth Warren's hometown,
that you wanted to be surrounded by Marxists who want
to take your guns?
Speaker 4 (02:48):
Is that right? Is that you're wrong your family vacation choice.
Speaker 1 (02:53):
Well, the family vacation.
Speaker 5 (02:54):
Was We're going to go to where America started in
the two hundred and fiftyth anniversary, and we wanted to
show them all of it America was and and where
it began and where everything where people fought and died
for this country.
Speaker 1 (03:07):
And I figure they're old enough to do that. So
that is that is the amen.
Speaker 4 (03:11):
Amen.
Speaker 3 (03:12):
And And and as you know, I lived in Boston
three years during law school. And and and I will say,
I don't like the politics.
Speaker 1 (03:20):
Of the name of that law school you went to.
Is we should make sure we get that out there right.
Speaker 3 (03:24):
Uh uh it was Boston Community College. And uh.
Speaker 4 (03:29):
Look, look, I don't like.
Speaker 3 (03:31):
Their politics of of who they they elect uh into office.
But I will say Boston is a a beautiful city
and and be the history Boston, along with with with
Philadelphia and New York or are probably the most important
cities in the founding of our country. And and in
terms of of just where the founding. And also Virginia,
(03:55):
not sort of Richmond, but kind of all of Virginia.
You look at those collective they produced the most extraordinary
generation of statesmen between Thomas Jefferson and Virginia and the
author of the Declaration of Independence, an extraordinary leader, John
Adams from Boston, Samuel Adams from Boston, Alexander Hamilton from
(04:19):
from New York via the Caribbean, George Washington for Virginia,
like like those for anyone who knows American history, Boston
is an extraordinary place. And you know what, I still
have hope and call me listen. I mean, when I
was a kid. We referred to it as the People's
Republic of Taxachusets.
Speaker 4 (04:40):
I still have hope.
Speaker 3 (04:41):
I will tell you, I've spent real time campaigning, and
I've lived in Boston three years.
Speaker 4 (04:44):
I spent time. There are good.
Speaker 3 (04:46):
Conservatives there, and most of them are sort of beaten
down and they think, like the Harvard faculty, liberals will
run the state forever. I actually have hope, even for
bright blue states like that, that the pendulum can shift.
Speaker 4 (04:58):
But that being said, it hasn't shifted yet, all right.
Speaker 2 (05:01):
So, by the way, we have verdict listeners here. We
have had two thumbs up while we were walking a lot. Yeah,
and that's a lot for here. And then we've had
three middle fingers to me while walking around with a family.
So we're almost at like fifty to fifty, which is
a lot higher than I thought we'd be at this point.
Speaker 1 (05:18):
You got to keep track of it, and you'll love this.
Speaker 3 (05:20):
By the way, did I ever tell you, Okay, did
I ever tell you?
Speaker 4 (05:24):
A couple of years.
Speaker 3 (05:24):
Ago, I was down on the US southern border in Mexico,
in Texas, but coming in from Mexico, and it was
a border checkpoint where there were a lot of eighteen
wheeler truckers coming across, and I was just standing at
the checkpoint, and so there's just eighteen wheeler after eighteen
wheeler coming across.
Speaker 4 (05:40):
And I got to say, if you're driving.
Speaker 3 (05:43):
A truck across the US Mexico border, you're not expecting
to see like the Texas Senator standing there.
Speaker 1 (05:52):
At the checkpoint. That's a fair point.
Speaker 3 (05:53):
Yeah, every truck truck driver is startled. And I actually
took an informal pole. Yeah, and almost every single truck
driver gave me a finger, either the thumb or the
middle finger.
Speaker 4 (06:08):
Ah. And it was a beautiful informal pole.
Speaker 3 (06:12):
And I got to tell you that that particular day
the survey, the ratio was about eighty twenty. I got
about eighty percent thumbs up compared to twenty percent middle fingers.
But almost nobody refrained from expressing a view and it
was just one finger or the other.
Speaker 4 (06:24):
And I kind of laughed at all of them. I
said thank you and waved yeah.
Speaker 2 (06:28):
You think you Yeah, God bless you, and be safe
on the roadways, right, so you'll like this. My oldest said, hey, Dad,
I want to see Harvard and I was like, we're
not going to go to it and waste her time.
I was like, Dad has spoken at the Kinning school
several times, so one day maybe if I do that again,
if they invite me back, then you can go. But
I said, we will drive and I'll show you where
it is, but you ain't going to college there that was.
(06:49):
That was like that not happening. You're not going to Harvard,
and I feel good about that. I feel good that
that was like good parenting.
Speaker 3 (06:55):
One O one, All right, Ben, let me let me
ask you this quite seriously. Are world class golfers? Oh
my reaction be I gotta tell you admitted them and
asked them to play on the Harvard golf team.
Speaker 2 (07:07):
Oh, I would say probably, not just no, but hell no,
that would just be because I don't want their mind
to just be totally corrupted. But I gotta tell you this.
I didn't I tell you this, So this is exact news.
Bradley yesterday, this is super fun. He was three over
through six holes. He knew that he was three off
the lead. He went Bertie Eagle to qualify for the
(07:29):
World Championships next year, went into a three way off
and in the three way playoff, he eagled the hole
to beat the other two kids who had par puttch.
Speaker 1 (07:40):
So he's going to World next year. I just had
to tell you. It was like the.
Speaker 2 (07:42):
Most fun moment being a dad caddying because he knew
what he had to do.
Speaker 5 (07:45):
He went Bertie eagerly looked at me and he gave
me a fist pump and walked off the green.
Speaker 1 (07:49):
It was so fun.
Speaker 2 (07:49):
But if Harvard calls and says we got you a
full ride, I'm gonna be like, well, that's good news,
because that means a bunch of other schools are gonna
call and give you a full ride one day. And
I just I can't imagine sending them to Harvard knowing
how liberal and woke they are. Now, maybe it'll change.
I'd love for it to change, because when I was
in school, I would have gone to Harvard if I
would have gotten in, but I didn't.
Speaker 1 (08:09):
But I also didn't apply. Let's be clear.
Speaker 2 (08:11):
But I mean like I wasn't afraid of it in
two thousand when I was graduating. Then am I going
to college now? I would be terrified to send my
kid to Harvard.
Speaker 4 (08:21):
Look, we'll see.
Speaker 3 (08:22):
I hope those schools come back and I will say
my Alma Maters, Princeton, and Harvard. I think are probably
embarrassed that I graduated from there. That doesn't make me
terribly happy, But I do think that that there's a lot,
there's a lot to recommend them.
Speaker 4 (08:41):
I had a wonderful time. I loved my time in college.
I loved my time in.
Speaker 3 (08:44):
Law school, and I do you know, part of me
grieves at how woke higher education has gotten, particularly the
more elite academic.
Speaker 4 (08:55):
Institutions, and I hope that changes.
Speaker 3 (08:57):
I do think one of the things the Trump administration
is trying to do is to try and to take
on the woke culture. That's a hard thing to change, yes,
but listen, I would like many of our nation's leaders,
historically and probably in the future will continue to get
educations at the most exclusive schools, and I would like
(09:19):
them to be not communists and doctrination camp. So my
hope is they'll get better over time.
Speaker 4 (09:24):
I don't know if they will.
Speaker 2 (09:25):
All right senat So let's get into these incredible tax breaks,
and this is a story that the media is refusing
to cover because it's such incredible news for the average American,
hard working American. Before we get to that, though, I
do want to take a moment and talk to you
about the International Fellowship of Christians and Jews and the
work that is continuing to be done for those in
need right now in Israel. When you hear about Israel
(09:47):
and the news, it's easy to think of headlines, politics,
or another conflict far away. But for families in Israel
and Jews around the world, this is incredibly personal. Anti
Semitic attacks in the Holy Land and across the globe
are happening right now. Elderly Holocaust survivors who endured so
much already again fear for their lives. Jewish families are
(10:09):
praying for the freedom to worship in safety, and in
moments like these, your voice matters because your voice can
remind them that they're not alone. The International Fellowship of
Christians and Jews inviting you to leave a personal prayer
or message of encouragement that will be delivered directly to
someone in Israel who needs hope right now, not filtered
(10:31):
through the media, not lost online, but personally delivered. A
simple prayer, a few heartfelt words they can lift the
spirit of someone facing fear, uncertainty, and isolation. This is
more than support, This is standing with Israel when it
matters the most. Go to PREYIFCJ dot org. That's Prey,
(10:51):
pr ay IFCJ dot org, and you can submit your
prayer today. That's Prey if CJ dot org. Center this
story of what Republicans did with a big, beautiful bill.
We are now seeing that the fruits of that legislation.
(11:12):
It had an amazing impact on tax day and filing
for so many Americans, especially those working hourly wages, those
working over time, just trying to get ahead for themselves
or for their families. And if you look at it
in comparison to what the tax bill would have been
for Americans if Democrats would have gotten their way, this
(11:33):
is a story that I can't believe that it's not being celebrated,
and yet the media is acting like it didn't even happen.
Speaker 3 (11:39):
Yeah, listen, if you're a taxpayer in America, the odds
are overwhelming that you got a tax cut as a
result of the Working Families tax cut last year that
President Trump signed into law the Republican Congress passed, and
the odds are significant that you got a big tax cut.
We're gonna break down the numbers, but it's worth understanding.
If you haven't heard that, that's not an accident. The
(12:03):
media doesn't want you to hear that. The Democrats don't
want you to hear that. They want you to believe
that nothing happened. Let's look at the data. Here's the data.
This is the story in the New York Post, the
headline of which is almost every US tax filer got
a cut this year, coming to a total of eighty
two billion.
Speaker 4 (12:21):
Dollars in relief. This is from the Treasury Department.
Speaker 3 (12:24):
Here's what the Post reported, quote, Nearly every person who
filed taxes this year received a tax cut, coming to
a whopping eighty two billion dollars in relief, according to
the Treasury Department.
Speaker 4 (12:34):
Data release Tuesday.
Speaker 3 (12:35):
Showed ninety seven percent of filers scored a cut. Ninety
seven percent. Have you seen that on ABC? Have you
seen that on CNN? Have you seen that MSNBC? Why
haven't you ninety seven percent.
Speaker 2 (12:49):
Argument that liberals made to say noted this big, beautiful
bill was they said it was only going to affect
the wealthiest one percenters, the rich.
Speaker 1 (12:57):
Bernie Sanders AOC was out alive.
Speaker 2 (13:00):
Right, it was a lie because ninety seven percent means
the majority of Americans are not billionaires and millionaires, to
use Bernie Sanders line, So they just flat out lied
to you, and they knew it.
Speaker 4 (13:09):
And the data are even more compelling. By the way.
Speaker 3 (13:12):
The contrast, if we had not passed the Working Family's
Tax Hut, you know what would have happened on January first.
There would have been a five trillion dollar tax hike.
That's what Democrats wanted. Instead of ninety seven percent of
taxpayers having their taxes cut, you would have had I
don't know if it's ninety seven percent would it, but
it would have been virtually every taxpayer having a massive
(13:36):
tax increase. So that's the choice, either a tax cut,
which is what has happened, or a massive tax increase.
And and here here are the specific data. Treasury officials
said filers making one hundred thousand to two hundred thousand
who tapped the new brakes pocketed an average cut topping
(13:59):
one thousand, two hundred and fifty dollars. So if you
made between two hundred thousand dollars, you got over one
thousand dollars in tax relief, while those with incomes between
fifty thousand and one hundred thousand grabbed more than eight
hundred and fifteen dollars on average. That's additional money in
your pocket to pay for food, to pay for education,
(14:21):
to pay for the needs.
Speaker 4 (14:23):
Your family has. What else?
Speaker 3 (14:27):
More than seven point five million workers claimed the no
tax on Tips tax break. By the way, I am
the author of no Tax on Tips. If you're a waiter,
if you're a waitress, if you're a bartender, if you're
a taxicab driver, if you claim no tax on tips.
I wrote that law. Seven and a half million workers
benefit from it. The average deduction was seven thousand dollars. Now,
(14:54):
I got to say to a waiter or a waitress,
or taxicab driver, or bartender or barber, seven grand is
real money. You want to talk about delivering relief, that's
real money. But you know what, that is small in
terms of the number of filers compared to no tax
on overtime. How many filers do you think benefited from
no tax on overtime?
Speaker 2 (15:15):
Oh, it's going to be astronomical number compared to what
the Democrats said. They said, Oh, this is not going
to work and no one's gonna care. Well, guess what
they did.
Speaker 3 (15:23):
Well, more than twenty nine million filers YEP, benefited from
no tax on overtime. The average deduction was three thousand,
one hundred dollars. By the way, where do they fall.
The democrats of the media are going to say it's
all the rich. Three quarters of the people who benefited
from no tax on overtime, their income fell under one
(15:47):
hundred thousand dollars. You know how much? How many people
earned under two hundred thousand dollars?
Speaker 1 (15:52):
How much?
Speaker 4 (15:53):
Ninety six percent.
Speaker 3 (15:55):
This was a targeted tax break to working class Americans
who needed it. By the way, the standard deduction was doubled.
That simplified life for one hundred and twenty seven million filers,
which is equivalent to ninety percent of all returns filed.
Speaker 4 (16:15):
Have you seen that on the news? No you haven't.
Speaker 3 (16:18):
Yeah, Well, in fact, Treasury said that number will go
up because some people have filed extensions. They expect it
to be more than ninety percent of filers will benefit
from the double standard deduction.
Speaker 2 (16:29):
You look at these number, center, and I go back
to something that we mentioned earlier. There wasn't a single Democrat,
if I'm not mistaken, that voted in favor of this right.
Speaker 1 (16:38):
They were all unanimously at.
Speaker 4 (16:39):
Zero zero in the House, zero in the Senate.
Speaker 2 (16:42):
Yeah, so it was unanimous the Democratic Party. And this
should be a big issue I think in the mid terms.
They wanted a five trillion dollar tax increase on the
American worker. And they didn't want to pass no tax
on tips, They didn't want to pass no tax on overtime,
they didn't want to double the standard deduction. They said,
let's be clear, you elect us, and we're gonna raise
(17:05):
your taxes by five trillion dollars in the next tax
cycle if they had it their way. That is the
Democratic Party, which is why the media is not talking
about this. The candidates on the Democratic side aren't talking
about this like this affected almost every tax file in
America in a positive way. Why on earth is this
not getting more coverage than it is right now.
Speaker 3 (17:26):
Look, it's up to us to share that. And that's
one of the reasons for every one of you that
listen to this podcast, that watch this podcast, share it
because your friends, your neighbors, your family, your colleagues, they
don't know this.
Speaker 4 (17:38):
The media is lying to them.
Speaker 3 (17:40):
They don't want them to know that they've gotten a
significant tax cut. Let's take the Trump accounts as you know,
I wrote the Trump accounts, the Trump accounts and the
school choice provision. Both of them, I wrote, I think
they're the two most consequential provisions of this entire bill.
To date, more than five point five million Trump accounts
(18:01):
have been opened for kids under eighteen, and one point
four million kids are eligible for the one thousand dollars
contributions that are there for newborn kids.
Speaker 1 (18:14):
Incredible.
Speaker 4 (18:15):
How many of the kids do you.
Speaker 3 (18:16):
Think are from families earning less than two hundred thousand dollars.
Speaker 2 (18:19):
I would bet a large percentage of them. And that's
exactly the way you guys wrote this.
Speaker 3 (18:25):
Yep, eighty six percent. So when the Democrats of the
media say, oh, this is just a benefit for the rich,
that is a lie. Eighty six percent are going to
kids of families earning less than two hundred thousand dollars.
Speaker 4 (18:39):
All right, let's take on top of.
Speaker 3 (18:42):
That no tax on Social Security, that that is obviously
targeted towards seniors. Yeah, more than thirty million Americans claim
the deduction for no tax on Social Security. The average
deduction is more than seven thousand, five hundred dollars. Look,
many of our listeners are young. We've got a lot
of listeners who are at high school, who are in college,
(19:04):
who are young working professionals. But we also have we
have gen X listeners, and we have we have listeners
that are seniors. If you're a senior, if you're on
Social Security, no tax on Social Security provided real relief
to you. And by the way, if you have a
family member, if you have a mom or or grandfather,
or uncle or aunt or family members on Social Security,
(19:28):
send them this podcast. Let them know that their taxes
went down for one reason and one reason only because
President Trump was reelected and because we had a Republican.
Speaker 4 (19:38):
House and Senate.
Speaker 3 (19:40):
And if they like their taxes going down, they want
to continue to have a Republican House and Senate.
Speaker 4 (19:45):
Now, what is it interesting?
Speaker 3 (19:47):
Do you know what the benefit is to GDP from
the working family's tax cut?
Speaker 1 (19:54):
What's the number?
Speaker 3 (19:56):
The estimate is that the GDP is one point two
percent greater WOW in twenty twenty six this year. Next
year it will be one point four percent greater in
twenty twenty seven, and then in twenty twenty eight it
will be one point five percent greater before settling in
at a one point two percent long term gain. That
(20:19):
is real wealth that is impacting real families. And it's
not just a handful of gazillionaires. It is every worker
in America. That's real results, and the media desperately doesn't
want you to know about this.
Speaker 2 (20:33):
I want to take a quick moment and talk to
you about an incredible organization and it is called Compassion International,
and how you can get involved.
Speaker 1 (20:42):
I want to be.
Speaker 2 (20:42):
Honest with you for a second about how an act
of compassion really feels. A couple of years ago, I
made the choice to partner with an amazing organization called
Compassion International. Why because I wanted to sponsor a child
in need. It was a nice idea, sure, but I
had no idea just how much that simple act would
(21:04):
change my life as well. I sponsored Nadia and got
to watch your life change right in front of my eyes,
going from starving literally alone on the streets to getting
the healthcare and education she needs to reach her God
given full potential. I got to be a part of
that change, and the light of that compassion not only
(21:25):
illuminates in her, it illuminates now in me. That is
the power of compassion. The light of Christ shines on
all of us. Feel it for yourself and change literally
a child's life, change the world, and you also change yourself.
You can sponsor child today. Visit Compassion dot com. That's
(21:48):
Compassion dot Com. I want to center on to another
really interesting story. It deals with national security, especially with
what's happening in Middle East. And I ran right now
and something that we've highlighted and talked about on this
show in the past, and that was that ship building
was not happening in the United States of America. That
is a national security issue, and it was a very
(22:10):
clear national security issue that was brought up. You were
one of those sounding the alarm on it, because when
you're dependent on your ships being made overseas and you
have things that happened, whether it's COVID, right, that's not
even a war, but with COVID and all of these
issues that we're now seeing in the Middle East, we
needed to bring ship building back to the United States
of America, and now we are seeing that actually happen.
Speaker 4 (22:31):
Yeah.
Speaker 3 (22:32):
Another one of the major provisions of the Working Families
Tax cut was the funding for the Coastguard and the
way it works in the Senate when you're writing a
bill in reconciliation, which is the process we used to
pass the Working Families tax cut. Each committee chairman writes
the portion of the bill that is within his or
her jurisdiction. I'm the chairman of the Senate Committee on Commerce, Science,
(22:55):
and Transportation. We've got jurisdiction over about forty percent of
the US economy. Every single provision that was in my
jurisdiction I was responsible for writing, and I did write.
One of the subjects that is within the jurisdiction of
the Commerce Committee is the Coast Guard. The Coastguard falls
within our jurisdiction. We funded more than twenty four billion
(23:18):
dollars billion with a B into.
Speaker 4 (23:21):
The Coast Guard.
Speaker 3 (23:22):
That is the largest single investment in the history of
the United States and the Coast Guard. I want to
give you a sense of the order of magnitude of that.
The annual budget of the Coast Guard is between eleven
and twelve billion dollars. In one year, we invested more
than double the annual budget of the Coast Guard to
rebuild their fleet, to rebuild to purchase new ships, to
(23:44):
purchase new helicopters, to purchase new capital and infrastructure. One
of the biggest elements of our investment was Arctic ice cutters.
So if you look at the Arctic, the near the
North Pole and all around the Arctic, that is a
major national security contested domain. Russia and China are both
(24:07):
killing us in the Arctic, and the United States has
fallen way behind. And we put in the funding to
build new Arctic ice cutters, and the Trump administration signed
a contract to purchase eleven new Arctic ice cutters and
in particular to build many of them here in the
United States. So I started this week Monday morning down
(24:30):
in Galveston, Texas. And in Galveston we had a groundbreaking
for a brand new shipyard where there's over a billion
dollars being invested. It's going to create more than two
thousand jobs to build Arctic ice cutters. And not only
is that important for that investment, those new jobs, but
that's an expertise that doesn't exist in the United States.
(24:50):
We're going to see more commercial ships built in the
United States and in Texas and Galveston and Port Arthur
because of this investment. I spoke at the ground breaking.
Give a listen to hear what I had to say
at the groundbreaking, and I was very proud when President
Trump announced that three and a half billion dollars was
going to Davy Defense to build five Arctic security cutters
(25:14):
and to build them here in the Texas Golf Coast.
That is going to produce over two thousand high paying
jobs here on the Texas Golf Coast. And and mark
(25:38):
my word, that's just the beginning, because that is going
to fuel a renaissance of shipbuilding right here on the
Texas Golf Coast. A final observation about Galveston. Folks here
are really particular about Galveston.
Speaker 4 (25:59):
It's a thing you will learn.
Speaker 3 (26:01):
There's a phrase that folks from Galveston will tell you,
which is bo I born on the islands. And it's
a little bit. There's an old line that you never
ask anyone if he's a Texan. If he is, he'll
tell you, and if he's not, you don't want to
embarrass the guy.
Speaker 2 (26:20):
I love, by the way that that line there center
because it is, by the way, totally accurate. But this
is a really big, I think moment as you described it,
for national security. It also makes us not dependent on
foreign countries and foreign workforces for things that deal with
national security. This is part of what you've been advocating
(26:41):
for with America First policy is with the Trump administration
as well, and being able to do this and do
it quickly, and also to get these cutters back into
the Arctic where we need them from a national security standpoint.
This is a big win all the way around, and
it produces American jobs, and not just a few, as
you mentioned, You've got thousands, and then you have the
(27:02):
support jobs around those jobs as well.
Speaker 3 (27:04):
Well, that's right, And let me tell you a little
bit of history. You look, you're a relatively new Texan.
You're from Memphis. So this is a bit of history
that I shared at the press conference that that that
that you may not know and that everyone in Galveston knew,
but but maybe other people don't. So Galveston used to
(27:26):
be the largest city in Texas.
Speaker 4 (27:29):
Wow.
Speaker 3 (27:29):
Galveston was called the Queen of the Gulf Coast. Galveston
was also called the Wall Street of the Southwest, and
Galveston was called the Ellis Island to the south. And
just like Ellis Island, when people came as immigrants, they
would come to Galveston.
Speaker 4 (27:48):
That that that was the port.
Speaker 3 (27:49):
Of entry where where vast numbers of people came to
America through Galveston, and and what happened is in nineteen hundred,
there was a devastating hurricane that killed between eight thousand
and twelve thousand people in Galveston, and they didn't have
the technology to have any early warning signs, so the
hurricane just hit and destroyed the city and it remains
(28:12):
the single most devastating natural disaster in US history. But
a really cool fact that I pointed out, and I
bet you you don't know this, ben In eighteen thirty six,
Galveston was the capital of the Republic of Texas. The
Republic of Texas, we were our own nation, and Galveston
was our capital right when we became our own nation.
(28:34):
And so I said, look, it's really special that we're
seeing thousands of new manufacturing jobs coming to Galveston, shipbuilding jobs.
Speaker 4 (28:43):
And I mentioned in.
Speaker 3 (28:44):
The clip you we just played the phrase BOI and
by the way, you'll meet people from Galveston who were fifth, sixth,
seventh generation BOI board on island. And what I called
for at the press conference, I said, listen, every Arctic
ice cutter you build there. I turned to the CEO
of the company Davies, that's going to be building them,
And I said, I hope and expect on every one
(29:05):
of those Arctic ice cutters, somewhere in the interior on
the hall, you will engrave the simple letters Boi, because
those Arctic ice cutters will have been born on the
island of Galveston. And that's an awesome thing. But it's
an awesome thing for American jobs. You look at what
President Trump is fighting to do, what I'm fighting to do,
(29:27):
it is bring jobs back to American manufacturing jobs. And
I'll tell you a little bit. Let me bring you
a little bit inside the story. So the bill we wrote,
we had the funding for what was likely to be
five to six Arctic ice cutters.
Speaker 4 (29:41):
And there was a battle. There was a battle that went.
Speaker 3 (29:44):
To the to the White House about where that contract
would go. And that battle was principally between Texas and Louisiana.
Now I love Louisiana. My parents met New Orleans. My
mom went to high school in Battery Rouge. Louisiana is
a great state. And to be clear, Louisiana as the
home of the Speaker of the House Mike Johnson and
Steve Scalise, the House majority leader. They're both very good friends.
(30:06):
They were understandably fighting for their state and wanted the
ship building in Louisiana. I was fighting for Texas, and
I will tell you it was a knife fight at
the White House. I spoke repeatedly to the President of
the United States. I spoke to the senior staff in
the White House over and over and over again, and
it was a real fight. We didn't know who was
going to win Texas and Louisiana. And I want to
(30:28):
give the President real props here. Look, we all know
before he was in the White House, the President was
a businessman and he is very committed to getting more
for less. So the proposal, the legislation that had been
passed was funding to build five to six new ice cutters.
Trump said that's not enough. I don't want five to six,
(30:48):
I want eleven. And so they found new funding that
had been appropriated by Congress, and what they ended up
doing was approving both. So there's several ice cutters being
built in Louisiana. There are several being built in Texas.
And it was a win win, and it's a great example.
He went to the shipbuilding companies and he said, I
want you to cut your prices and deliver more ships.
(31:10):
And they did. And this was not staff driven. This
was you know, Trump is a builder, so he I mean,
he likes thats like negotiating a contract. And he leaned
in and instead of five to six ized cutters, we're
getting eleven. Instead of just one place Louisiana or Texas,
we're getting both. And we're getting thousands and thousands of
new jobs. And we're going to be able to compete
(31:32):
with and protect our national security the Arctic against Russia
and China.
Speaker 4 (31:36):
It is a win win all around.
Speaker 1 (31:38):
It really is an incredible story.
Speaker 2 (31:40):
And again when you go back to fighting for America first,
this is what you get when you get the votes
to do it.
Speaker 1 (31:46):
It's incredible.
Speaker 2 (31:46):
Congrats and a big victory for American workers there.
Speaker 1 (31:49):
Don't forget. We do this show Monday, Wednesday Friday.
Speaker 2 (31:52):
Hit that subscriber auto DOWO button so you don't miss
episode and what we told you today. Please share it
on social media so other people here the news about
the text cuts. It really is incredible and the Center
I will see you back here on Friday morning.
Host
Ben Ferguson
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