Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Donald Trump has put kind of the deadline there to
passing this big, beautiful bill and joining us. I'm very
lucky to get a chance to talk to this person
right now. Senator Pete Ricketts representing Nebraska and Washington, DC. Senator,
once again, thank you so much for being on the
show today.
Speaker 2 (00:14):
My pleasure every thanks for having me on.
Speaker 1 (00:16):
Okay, So I I don't have a ton of time.
I wish I could sit through and talk about nine
hundred and fifty pages of legislation all at once here
with you, But I suppose.
Speaker 2 (00:27):
Way, and it's still changing. By the way, it's still changing.
Speaker 1 (00:31):
And that's one of the other things too. It's like
we're not even really going to know what's all in
this thing until it gets done. So, can you explain
how this process has been going, especially over the last
you know, four or five days when you guys stayed
this weekend trying to get this thing passed. What does
that process look like.
Speaker 2 (00:45):
That's a part of the process is dealing with the parliamentaria.
So we're going through what's called reconciliation, which means we
can pass us on fifty one votes. But to do that,
it can only be budgetary related so if it has policy,
the parliamentarian says, that's more policy than budget, so you
can't have it in it, and so then we have
to try and either rewrite what we're trying to do
(01:05):
so it conforms to budget not policy, or we have
taken out. So that's for example, a lot of the
House stuff got taken out because it was just policy,
pure and simple, because they don't have that rule. They
don't really worry about us over here to the Senate side,
so they just put it in their bill. But we
had to take that all out because we can't have policy.
So we go through these iterations, We go to the Parliamentarian,
(01:26):
we try to win the arguments, the Democrats challenge us
on them, and then we come back, we try to
rewrite them and go back again and see if we
can't get the Parliamentarian to agree we've wrote it in
a way that is more budget than the policy. So
that's part of what's going on here, which is why
you know we're even today still getting some rulings from
the Parliamentarian, winning most of them today, but still some
stuff we're trying to rewrite to see if we can't
(01:47):
get it acceptable in the parliamentarian's eyes. So we can
vote on it, you know, sometime tonight.
Speaker 1 (01:52):
So with that being said, right, there's still plenty of
Republican holdouts and Tom Tellis has been outspoken about this.
Rand Paul has been a William more else spoken than
anybody about this. You have the pressure from even somebody
kind of from outside looking in, like Elon Musk, what
about this bill has created such dissension in the Republican Party,
especially in your chamber with your colleagues.
Speaker 2 (02:13):
Well, if you think about it, you know, we've got
a country of you know what, three hundred and sixty
million people something like that, and you've got one hundred
people representing those three hundred and sixty million people. So
you're going to have a wide divergence of opinions on things.
So some Republicans think we're doing too much, some Republicans
think we're doing not enough, or have differences of opinion
on what kind of things that we're trying to get done.
So this is just a negotiation. Is a negotiation, I
(02:35):
describe the negotiations with the Parliamentarium, but it's a negotiation
within our caucus as well to get the language or
the policies that we can get to fifty one votes.
Speaker 1 (02:45):
On when you talk about it, I'm speaking with Senator
Pete Rickets by the way, representing Nebraska in the United
States Senate on our phone line today. When you talk
about that part of it, right, there is such giant
pushback from people who say that, you know, how can
you call yourself the Freedom Caucus. Elon said this today
with all of the spending that's in this and then
you have the you know, Congressional Budget Organization. You know
(03:08):
people we were you know, kind of looking at what
they were saying, was you know possible with the three
plus trillion dollars that this could add to the national debt.
So why would a hardcore conservative Republican be so adamant
to oppose this Donald Trump pushed bill.
Speaker 2 (03:23):
Well, I can't tell you why a Republican want to
oppose this bill, because it's a great bill. This is
a historic tax relief bill. First of all, I mean,
if this bill fails to pass, we'll see a four
trillion dollar tax increase on the American people. That means
your average Nebraska family would see their taxes go up
over twenty four hundred dollars. That's terrible. Uh, you know,
the standard deduction that ninety percent of filers use, which
(03:44):
in Nebraska, I mean over eight hundred and sixty eight
thousand families would see that deduction get cut in half.
The child tax credit would get cut in half. That's
two hundred and nearly two hundred and forty thousand families there.
So this is the downside. This is really really bad.
So when you see some of the numbers, you got
to members the Democrats are pushing their narrati which is like, oh,
this is going to add a lot to the deficit.
The CBO actually ruled, using current policy, which is keep
(04:08):
the tax cuts in place, that this actually reduces the
deficit by over five hundred billion dollars. And if you
look at what the CBO has been doing, they are
totally underplaying growth. They're saying growth comes at one point
eight percent, which is really low balling it. If you
go with the high end, which is the Council and
Economic the President's Council for Economic Advisors, and go say
(04:31):
with two point eight percent growth, then you actually get
a deficit cut of one point two trillion dollars by
the end of a decade. So you're actually going you
actually are cutting into the deficit here because you're getting
higher growth, and that's the key to be able to
handle the death that we've got now. Certainly. The other
thing to remember is this is just the first reconciliation bill.
(04:52):
We will have the opportunity to do other reconciliation bills,
and we'll have other opportunities to continue cutting spending. But
I think the key thing right now is this has
got lots of reforms for medicaid. This is making the
tax cuts permanent. It's investing in our defense things like
Golden Dome, it's investing in securing the border. So this
has got so many good policy things in it that
(05:12):
this is a really good bill. And is are we done? No,
We've got more work to do, but this is a
good first step. And so the other thing to remember too,
especially for deafene hawks, because I agree, like when I
was governor, we always ran in a ballanced budget. But
you know, the Sbraal government got into all this debt
over a period of decades. You're not going to undo
it right away. You've got to start tackling the issues
(05:33):
like sparking growth. You have to start getting your spending
under control. All that that means reforming different programs. So
all this has to happen, but it's going to take
steps to get there. You're not going to solve at
all once.
Speaker 1 (05:44):
Senator Pete ricks is joining us on the phone line today,
so let's go ahead in just double check here for
kind of the process. So Donald Trump tells you guys
that he wants to see this bill passed by the
end of this week. And now, based on some of
the changes you guys have to make, this have to
ricochet back to the House. So how close are we from,
you know, kind of where your vantage point is to
(06:06):
actually getting to a point where you can at least
get it to fifty to fifty with jd Vance being
the tie breaker and then also the House having to
you know, come to terms with this idea and trying
to pass this by this July fourth deadline.
Speaker 2 (06:19):
Well, we will get this bill done tonight, well or
early tomorrow morning. You know, we could be voting untill
two of the morning or something like that. I think
when we did the Continuing Resolution, we were voting till
four in the morning and then it would be up
to the House whether or not they want to take
it up this week and work on it, or if
they want to pick it up next week, So that's
up to the House. Now, the House would have kind
of two options. They could take our bill and just
pass it, which is what I would recommend, a little
(06:41):
biased from that because the bill we worked on, or
they could try to make changes to it and then
we'd have to go to a conference report and that
would draw it out longer. So you know, we you know,
first to things first, we got to get this bill
passed and send it onto the House, and the House
can decide how they want to handle.
Speaker 1 (06:56):
It real quick. I'll just I mentioned this early. You're
about Republicans and some people on the conservative side that
say that this is a big spending bill, but there
seems to be some confusion based on the information you're
giving us that that may not be entirely accurate, at
least in the way that they're talking about it. With
that kind of overarching confusion at the actual level where
(07:18):
this is being debated, how do you best describe the
benefits to the American people? Because, like I said, I
can't remember the last time I read a nine hundred
page book let alone, a nine hundred page piece of legislation,
and it seems like every politician is kind of pointing
at different things. Obviously, the Democrats are pointing at Medicare,
CAID and Medicare and how that's going to affect people's
coverage as they age and get older the next decade
(07:40):
or so. How do you best kind of encapsulate what
is in this bill from what you have in front
of you for now before it gets changed again To
the American people who may be concerned about not really
knowing exactly what is in this bill for them that's
going to affect their lives.
Speaker 2 (07:57):
Well, for your average Abraska family, some of the stuff
we just hit upon, like, hey, look, if this doesn't happen,
you're going to see a big tax bill, right twenty
four hundred dollars for your average Nebraska family, Your tax
is going to go up. We're not going to let
that happen, right, we can't let that happen. That would
be terrible for Nebraska families. It's also got some additional
good policies in it that the presidents would has talked about,
like no taxes on tips, no taxes on overtime, you know,
(08:21):
things like that going to be reducing taxes on seniors.
So those are some of the great policies that are
in here that we're going to be talking about that
are also going to help out just you know, your
every day Nebraska families. It's going to make sure that
we're investing in the borders, secure our border. That's a
big deal. The President promised that he's already brought those
border crossings down. But you know, for example, there's forty
six billion dollars in this to finish building the wall system.
(08:45):
And I say system because I've talked to Homeland Security.
It's not just about putting up the steel. It's also
the sensors and the cameras and everything else to be
able to monitor that border so we know who's coming
across it. And that's not just about people coming across illegally,
but all the drugs and every thing elsips coming across it.
So that's helping secure make our country more secure and
safe by securing that border. And we're also investing one
(09:08):
hundred and fifty billion dollars in our military. We're going
to have to face down the communist Chinese here are
they want to replace us as a world power. We
need to keep ourselves safe. We've seen it just by
the spy balloons that come over what they're doing to
buy farm land in this country. So we've got to
beef up our military and then also the Golden Dome
to protect us against rogues like North Korea who might
(09:29):
launch a nuclear tip missil at us. So these are
things that are also working to keep us safe. So
those are some of the big things that we're working
on that are going to be in this bill to
make sure that we're continuing to have a strong economy
and the incomes are going to go up again. If
you look at what the President's Council and Economic Advisor says,
and they got this right in the first Trump administration,
(09:50):
we're looking at having household incomes over the next four
years go up something like seven thousand dollars. I mean,
it's really really going to be great for families.
Speaker 1 (09:59):
Center pe Rick. Last thing for you here, Senator Don
Bacon announced today officially that he's not going to be
seeking reelection. And there are a few things that were
brought up, certainly his family and he'd like to spend
more time with his family, but he also kind of
has mentioned the you know, kind of atmosphere in Washington,
d C. And the continued kind of split in further
(10:20):
partisan nature of what your guys' job is. And I'm
sure it would be very nerve wracking to try to
get anything done considering the kind of opposition that you
have with your Democratic counterparts. So, first off, see if
you have any thoughts about the career of Don Bacon
and his service to the second Congressional District. But also
kind of the comments of you know, kind of what
(10:41):
the weather is like within those chambers in Washington, DC
and how that can really be stressful for an individual
trying to do their best to help out their district
or their state.
Speaker 2 (10:50):
Done is a patriot. He has served our country for
thirty years in the Air Force, right into the rank
of general he served ten years, or as will have
served ten years by the time he's done with his
tenure in the House. Did a fantastic job for District One.
Is a privilege to be able to work with him.
We work together very closely, our delegation does, and Don
is a great part of that team. So I can't
say enough good things about Don Bacon. I'm just so
(11:12):
grateful for his service to our country. Both in the
military and in the House, and I'm grateful for our
personal friendship. And you know, with regard to the environment here,
I can't speak to the house. I'm not over in
the House. I will tell you we have very deep
philosophical designs divides in the Senate. We disagree in a
lot of issues, but the atmosphere here is generally one
(11:33):
where people are respectful of each other. So you know, certainly,
I suppose it's one of those things that can wear
on you over time. But you know, here in the Senate,
we were working hard to be able to pass the
President's bill here, and then once we get this time,
we move on to the next thing and see what
else we can do to help make sure we keep
our country safe and strong and growing so that our
(11:55):
families can live the American dream.
Speaker 1 (11:56):
It is a very difficult job, and it's one that
makes a lot, you know, very interesting for us to
try to understand the best way we can do that
is to hear from people like Senator Pete Ricketts. Senator,
really appreciate the time. I know you're having quite the
busy run of days here. Good luck on all of
the votes that I'm sure you're going to have to
be casting over the next few days and really appreciate
the time today.
Speaker 2 (12:15):
All right, thanks Heverry, thanks for having me on.
Speaker 1 (12:17):
Yeah. Great chatting with somebody who can really give us
an insight as to what is happening in Washington right now.
More coming up right here with every songer on news
Radio eleven ten KFAB.
Speaker 2 (12:26):
Emery songer on news Radio eleven ten KFAB
Donald Trump has put kind of the deadline there to
passing this big, beautiful bill and joining us. I'm very
lucky to get a chance to talk to this person
right now. Senator Pete Ricketts representing Nebraska and Washington, DC. Senator,
once again, thank you so much for being on the
show today.
Speaker 2 (00:14):
My pleasure every thanks for having me on.
Speaker 1 (00:16):
Okay, So I I don't have a ton of time.
I wish I could sit through and talk about nine
hundred and fifty pages of legislation all at once here
with you, But I suppose.
Speaker 2 (00:27):
Way, and it's still changing. By the way, it's still changing.
Speaker 1 (00:31):
And that's one of the other things too. It's like
we're not even really going to know what's all in
this thing until it gets done. So, can you explain
how this process has been going, especially over the last
you know, four or five days when you guys stayed
this weekend trying to get this thing passed. What does
that process look like.
Speaker 2 (00:45):
That's a part of the process is dealing with the parliamentaria.
So we're going through what's called reconciliation, which means we
can pass us on fifty one votes. But to do that,
it can only be budgetary related so if it has policy,
the parliamentarian says, that's more policy than budget, so you
can't have it in it, and so then we have
to try and either rewrite what we're trying to do
(01:05):
so it conforms to budget not policy, or we have
taken out. So that's for example, a lot of the
House stuff got taken out because it was just policy,
pure and simple, because they don't have that rule. They
don't really worry about us over here to the Senate side,
so they just put it in their bill. But we
had to take that all out because we can't have policy.
So we go through these iterations, We go to the Parliamentarian,
(01:26):
we try to win the arguments, the Democrats challenge us
on them, and then we come back, we try to
rewrite them and go back again and see if we
can't get the Parliamentarian to agree we've wrote it in
a way that is more budget than the policy. So
that's part of what's going on here, which is why
you know we're even today still getting some rulings from
the Parliamentarian, winning most of them today, but still some
stuff we're trying to rewrite to see if we can't
(01:47):
get it acceptable in the parliamentarian's eyes. So we can
vote on it, you know, sometime tonight.
Speaker 1 (01:52):
So with that being said, right, there's still plenty of
Republican holdouts and Tom Tellis has been outspoken about this.
Rand Paul has been a William more else spoken than
anybody about this. You have the pressure from even somebody
kind of from outside looking in, like Elon Musk, what
about this bill has created such dissension in the Republican Party,
especially in your chamber with your colleagues.
Speaker 2 (02:13):
Well, if you think about it, you know, we've got
a country of you know what, three hundred and sixty
million people something like that, and you've got one hundred
people representing those three hundred and sixty million people. So
you're going to have a wide divergence of opinions on things.
So some Republicans think we're doing too much, some Republicans
think we're doing not enough, or have differences of opinion
on what kind of things that we're trying to get done.
So this is just a negotiation. Is a negotiation, I
(02:35):
describe the negotiations with the Parliamentarium, but it's a negotiation
within our caucus as well to get the language or
the policies that we can get to fifty one votes.
Speaker 1 (02:45):
On when you talk about it, I'm speaking with Senator
Pete Rickets by the way, representing Nebraska in the United
States Senate on our phone line today. When you talk
about that part of it, right, there is such giant
pushback from people who say that, you know, how can
you call yourself the Freedom Caucus. Elon said this today
with all of the spending that's in this and then
you have the you know, Congressional Budget Organization. You know
(03:08):
people we were you know, kind of looking at what
they were saying, was you know possible with the three
plus trillion dollars that this could add to the national debt.
So why would a hardcore conservative Republican be so adamant
to oppose this Donald Trump pushed bill.
Speaker 2 (03:23):
Well, I can't tell you why a Republican want to
oppose this bill, because it's a great bill. This is
a historic tax relief bill. First of all, I mean,
if this bill fails to pass, we'll see a four
trillion dollar tax increase on the American people. That means
your average Nebraska family would see their taxes go up
over twenty four hundred dollars. That's terrible. Uh, you know,
the standard deduction that ninety percent of filers use, which
(03:44):
in Nebraska, I mean over eight hundred and sixty eight
thousand families would see that deduction get cut in half.
The child tax credit would get cut in half. That's
two hundred and nearly two hundred and forty thousand families there.
So this is the downside. This is really really bad.
So when you see some of the numbers, you got
to members the Democrats are pushing their narrati which is like, oh,
this is going to add a lot to the deficit.
The CBO actually ruled, using current policy, which is keep
(04:08):
the tax cuts in place, that this actually reduces the
deficit by over five hundred billion dollars. And if you
look at what the CBO has been doing, they are
totally underplaying growth. They're saying growth comes at one point
eight percent, which is really low balling it. If you
go with the high end, which is the Council and
Economic the President's Council for Economic Advisors, and go say
(04:31):
with two point eight percent growth, then you actually get
a deficit cut of one point two trillion dollars by
the end of a decade. So you're actually going you
actually are cutting into the deficit here because you're getting
higher growth, and that's the key to be able to
handle the death that we've got now. Certainly. The other
thing to remember is this is just the first reconciliation bill.
(04:52):
We will have the opportunity to do other reconciliation bills,
and we'll have other opportunities to continue cutting spending. But
I think the key thing right now is this has
got lots of reforms for medicaid. This is making the
tax cuts permanent. It's investing in our defense things like
Golden Dome, it's investing in securing the border. So this
has got so many good policy things in it that
(05:12):
this is a really good bill. And is are we done? No,
We've got more work to do, but this is a
good first step. And so the other thing to remember too,
especially for deafene hawks, because I agree, like when I
was governor, we always ran in a ballanced budget. But
you know, the Sbraal government got into all this debt
over a period of decades. You're not going to undo
it right away. You've got to start tackling the issues
(05:33):
like sparking growth. You have to start getting your spending
under control. All that that means reforming different programs. So
all this has to happen, but it's going to take
steps to get there. You're not going to solve at
all once.
Speaker 1 (05:44):
Senator Pete ricks is joining us on the phone line today,
so let's go ahead in just double check here for
kind of the process. So Donald Trump tells you guys
that he wants to see this bill passed by the
end of this week. And now, based on some of
the changes you guys have to make, this have to
ricochet back to the House. So how close are we from,
you know, kind of where your vantage point is to
(06:06):
actually getting to a point where you can at least
get it to fifty to fifty with jd Vance being
the tie breaker and then also the House having to
you know, come to terms with this idea and trying
to pass this by this July fourth deadline.
Speaker 2 (06:19):
Well, we will get this bill done tonight, well or
early tomorrow morning. You know, we could be voting untill
two of the morning or something like that. I think
when we did the Continuing Resolution, we were voting till
four in the morning and then it would be up
to the House whether or not they want to take
it up this week and work on it, or if
they want to pick it up next week, So that's
up to the House. Now, the House would have kind
of two options. They could take our bill and just
pass it, which is what I would recommend, a little
(06:41):
biased from that because the bill we worked on, or
they could try to make changes to it and then
we'd have to go to a conference report and that
would draw it out longer. So you know, we you know,
first to things first, we got to get this bill
passed and send it onto the House, and the House
can decide how they want to handle.
Speaker 1 (06:56):
It real quick. I'll just I mentioned this early. You're
about Republicans and some people on the conservative side that
say that this is a big spending bill, but there
seems to be some confusion based on the information you're
giving us that that may not be entirely accurate, at
least in the way that they're talking about it. With
that kind of overarching confusion at the actual level where
(07:18):
this is being debated, how do you best describe the
benefits to the American people? Because, like I said, I
can't remember the last time I read a nine hundred
page book let alone, a nine hundred page piece of legislation,
and it seems like every politician is kind of pointing
at different things. Obviously, the Democrats are pointing at Medicare,
CAID and Medicare and how that's going to affect people's
coverage as they age and get older the next decade
(07:40):
or so. How do you best kind of encapsulate what
is in this bill from what you have in front
of you for now before it gets changed again To
the American people who may be concerned about not really
knowing exactly what is in this bill for them that's
going to affect their lives.
Speaker 2 (07:57):
Well, for your average Abraska family, some of the stuff
we just hit upon, like, hey, look, if this doesn't happen,
you're going to see a big tax bill, right twenty
four hundred dollars for your average Nebraska family, Your tax
is going to go up. We're not going to let
that happen, right, we can't let that happen. That would
be terrible for Nebraska families. It's also got some additional
good policies in it that the presidents would has talked about,
like no taxes on tips, no taxes on overtime, you know,
(08:21):
things like that going to be reducing taxes on seniors.
So those are some of the great policies that are
in here that we're going to be talking about that
are also going to help out just you know, your
every day Nebraska families. It's going to make sure that
we're investing in the borders, secure our border. That's a
big deal. The President promised that he's already brought those
border crossings down. But you know, for example, there's forty
six billion dollars in this to finish building the wall system.
(08:45):
And I say system because I've talked to Homeland Security.
It's not just about putting up the steel. It's also
the sensors and the cameras and everything else to be
able to monitor that border so we know who's coming
across it. And that's not just about people coming across illegally,
but all the drugs and every thing elsips coming across it.
So that's helping secure make our country more secure and
safe by securing that border. And we're also investing one
(09:08):
hundred and fifty billion dollars in our military. We're going
to have to face down the communist Chinese here are
they want to replace us as a world power. We
need to keep ourselves safe. We've seen it just by
the spy balloons that come over what they're doing to
buy farm land in this country. So we've got to
beef up our military and then also the Golden Dome
to protect us against rogues like North Korea who might
(09:29):
launch a nuclear tip missil at us. So these are
things that are also working to keep us safe. So
those are some of the big things that we're working
on that are going to be in this bill to
make sure that we're continuing to have a strong economy
and the incomes are going to go up again. If
you look at what the President's Council and Economic Advisor says,
and they got this right in the first Trump administration,
(09:50):
we're looking at having household incomes over the next four
years go up something like seven thousand dollars. I mean,
it's really really going to be great for families.
Speaker 1 (09:59):
Center pe Rick. Last thing for you here, Senator Don
Bacon announced today officially that he's not going to be
seeking reelection. And there are a few things that were
brought up, certainly his family and he'd like to spend
more time with his family, but he also kind of
has mentioned the you know, kind of atmosphere in Washington,
d C. And the continued kind of split in further
(10:20):
partisan nature of what your guys' job is. And I'm
sure it would be very nerve wracking to try to
get anything done considering the kind of opposition that you
have with your Democratic counterparts. So, first off, see if
you have any thoughts about the career of Don Bacon
and his service to the second Congressional District. But also
kind of the comments of you know, kind of what
(10:41):
the weather is like within those chambers in Washington, DC
and how that can really be stressful for an individual
trying to do their best to help out their district
or their state.
Speaker 2 (10:50):
Done is a patriot. He has served our country for
thirty years in the Air Force, right into the rank
of general he served ten years, or as will have
served ten years by the time he's done with his
tenure in the House. Did a fantastic job for District One.
Is a privilege to be able to work with him.
We work together very closely, our delegation does, and Don
is a great part of that team. So I can't
say enough good things about Don Bacon. I'm just so
(11:12):
grateful for his service to our country. Both in the
military and in the House, and I'm grateful for our
personal friendship. And you know, with regard to the environment here,
I can't speak to the house. I'm not over in
the House. I will tell you we have very deep
philosophical designs divides in the Senate. We disagree in a
lot of issues, but the atmosphere here is generally one
(11:33):
where people are respectful of each other. So you know, certainly,
I suppose it's one of those things that can wear
on you over time. But you know, here in the Senate,
we were working hard to be able to pass the
President's bill here, and then once we get this time,
we move on to the next thing and see what
else we can do to help make sure we keep
our country safe and strong and growing so that our
(11:55):
families can live the American dream.
Speaker 1 (11:56):
It is a very difficult job, and it's one that
makes a lot, you know, very interesting for us to
try to understand the best way we can do that
is to hear from people like Senator Pete Ricketts. Senator,
really appreciate the time. I know you're having quite the
busy run of days here. Good luck on all of
the votes that I'm sure you're going to have to
be casting over the next few days and really appreciate
the time today.
Speaker 2 (12:15):
All right, thanks Heverry, thanks for having me on.
Speaker 1 (12:17):
Yeah. Great chatting with somebody who can really give us
an insight as to what is happening in Washington right now.
More coming up right here with every songer on news
Radio eleven ten KFAB.
Speaker 2 (12:26):
Emery songer on news Radio eleven ten KFAB
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