Episode Transcript
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Speaker 1 (00:00):
The Brian Mundshow podcast is driven by Brayman Motor Cars.
My family is a Brayman Motor Cars family. Your family
should be to visit Braymanmotorcars dot com. Welcome to the
Brian Munt Show and thank you for listening.
Speaker 2 (00:17):
It's time for today's top three takeaways. Helpful, useful, repeatable.
Speaker 1 (00:24):
A monumental victory reigning in tyranny and the BBB. Happy
Monday to you as we close out the first half
of the year. Today just crazy, hell fast, time absolutely flies,
although they probably don't feel like that in the Senate
where they have themselves quite the weekend pulling. Basically a
couple of nighters and debate is done. Debate is done
(00:45):
on the BBB and Joe are you down with the BBB?
Speaker 3 (00:49):
Yeah?
Speaker 1 (00:49):
You know me?
Speaker 2 (00:50):
Yeah.
Speaker 1 (00:51):
So the next up the vodama. Get ready for the
vodama where it's a fast and furious good time of
amendmentvoting in the United States Senate. It's going to hit
at nine o'clock, but Arama gets going to nine this
morning and then.
Speaker 2 (01:07):
At some point letter today we have vote.
Speaker 1 (01:09):
We have a vote on on the obbb ay as
the case happens to be, and if you were sitting
on the fence going I don't know. I still know
that Tom Tillis is making a lot of sense. I
do like Rand Paul. You know you could be in
(01:29):
that game, just if you're wondering if this is a
good thing. Generally, I introduce Bernie Sanders.
Speaker 3 (01:42):
President Trump's so called big beautiful bill now on the
floor of the Senate is the most dangerous piece of
legislation in the modern history of our country.
Speaker 2 (01:55):
Okay, I'm in right, I was on the fence, but
that did it.
Speaker 1 (02:00):
Yeah, the socialist in the Senate says, that is the
most dangerous thing that's been must be awfully good for capitalism,
must be awfully good for a free market enterprise in
the economy.
Speaker 2 (02:10):
That much I get. All right, So let's talk about something.
Speaker 1 (02:14):
But actually I do want to kick off by talking
about what happened with the Supreme Court on Friday, because
there's so much that is hugely important that did transpire there.
And my top takeaway a monument monumental victory. Now, there
have been so many for President Trump recently. When you
(02:34):
hear of Trump talking up a monumental victory, you might
be left wondering which one he's talking about. I mean,
are we talking about endiing Iran's nuclear program in the
related war? Are we talking about getting NATO countries NATO
to pay their fair share for military defense under the Alliance?
(02:56):
I mean, maybe it's the Chinese trade deal that's coming together.
Maybe it could be about the OBBB. You could be
talking about the stock market reaching record highs as we're
set to close out the first half the year. I mean,
maybe Trump's just talking about the economy generally. After all,
President Trump has had monumental wins with all those things
(03:21):
just in the past week. Spend another week for President Trump,
more remarkably is President Trump works at record speed to
make America great again again. Trump's monumental win commic came
after his administration's huge wins at the United States Supreme Court.
As Trump said on Friday, the Supreme Court has delivered
(03:44):
a monumental victory for the Constitution, the separation.
Speaker 2 (03:47):
Of powers, and the rule of law.
Speaker 1 (03:51):
They most certainly did, as the Supreme Court, in a
six to three ruling, put an end to the unconstitutional
abuse of anti American post constitutional district court judges. Today,
there have been three hundred and three lawsuits filed against
President Trump's administration, or in other words, an average of
about two lawsuits per day, seven days a week. Of them,
(04:16):
only twelve have been closed as left wing groups seeking
left wing activists and robes who have most commonly pretended
that they low level federal district coord judges are as
powerful as the president of the United States. It was
always an obvious and insane argument, but nevertheless, leftist activists
(04:37):
in robes with tds had partially or fully blocked How
much of Trump's agenda? Me think, how many of President
Trump's executive actions do you think these district court judges
had blocked? Enter is ninety seven ninety seven President Trump's
(05:03):
one hundred and sixty four executive voters so far, with
another seventy five cases pending. Nor In other words, there
are actually more cases outstanding than orders that have been issued.
Speaker 2 (05:15):
By the way.
Speaker 1 (05:15):
Nationwide injunctions themselves, how many were issued prior to Friday's
Supreme Court ruling forty forty as Just as Amy Coney
Barrett wrote in the Court's opinion, the injunctions before us
today reflect a more recent development. District courts is sorting
the power to prohibit enforcement of the law or policy
(05:39):
against anyone. These injunctions, known as universal injunctions, likely exceed
the equitable authority that Congress has granted to federal courts,
and with that, the Supreme Court put an end to
tyranny of the district court judges. My second takeaway today
Florida Senator Ashley.
Speaker 4 (05:59):
Moody, the reason why we have existed as a free
people living under a rule of law is because we
have always gone back to the separation of power, the
checks and balances that are founding Fathers laid out.
Speaker 1 (06:16):
At least, we have gone back to that now and
we have put an end to the tyranny of these
district court judges for now. What we'll likely see attempted
going forward is an effort to obtain class action status
for lawsuits and left wing states pursuing these cases to
try to gain as much jurisdiction for rulings as possible.
(06:37):
So it's not like they're going to give up, They're
just going to use different tactics to try to achieve
similar things. But nevertheless, it was indeed a monumental victory
for not just Trump but for the country, as he indicated.
But of course there were other monumental Scotis victories last
week as well, including the Court upholding Tennessee's law banning
(07:00):
child mutilation. You know what sick freaks called gender affirming care.
So yeah, Supreme Court is saying a node to child mutilation.
They said yes to religious liberty. Is the Court ruled
in favor of parents pulling kids out of classes that
indoctrinate children with a homosexual alphabet agenda, a ruling that
(07:23):
is doubly rewarded to have come down during the speaking
of indoctrination Pride month, speaking of a time in which
the moral things and indoctrination is imposed, I mean, straight
from corporate America right on through. My third takeaway for
(07:43):
you today is though about the BBB. I spent some
time this weekend with this thing, and so as we
take a look at the home stretch in what the
biggest changes would be with the BBB, the potential lay
of the land as it goes for its final Senate vote,
(08:05):
and then also if it clears, what happens in the House.
Start with Senator Marsha Blackburn. I think we have worked
out most of the situations on our side of the aisle,
so we are looking forward to saying the sooner the better. Yeah,
I mean, and I've had a couple of conversations with
folks on this yesterday.
Speaker 2 (08:26):
I mean, is this going to happen in this this
kind of thing?
Speaker 1 (08:29):
My thought is, is this at the point where on
Saturday the procedural vote to bring the bill to the
floor for a full vote. Ultimately, at the point where
that happened, you probably had your answer, because why if
you're a senator and you're going to vote against this
thing in the end, why would you vote to go
(08:51):
ahead and go through that process you just went through.
Speaker 2 (08:56):
That wouldn't necessarily make a lot of sense.
Speaker 1 (08:58):
So if you were a yes vote on the perce
vote there were fifty one years, then you would think
that that would be the case. And so ultimately what
can happen here is Republicans could stand to lose even
one more vote that they had in the procedural vote
and still pass this thing in the Senate with JD.
Vans being the tiebreak. By the way, Vance is on
standby the Senate all day today in case he is
(09:20):
needed for this thing. But anyway, you down with the VBB. Joel,
after hearing the burn, said he was yes. Most definitely okay,
So perhaps most importantly following the Senates all night reading
and debating of a theoretically esthetically placing bill and the
(09:43):
ongoing debate that will spill into the vote rama today,
but rama again gets underway at nine. The bigger question
today might end up being about your House representative and
whether they're with the obbb A, given that the House
(10:05):
version of the bill passed by exactly one vote the
first time and had no margin to spare. Here the
biggest changes to the bill between the House in Senate
version pending voterama stuff, but as of now are these
tighter Medicaid work requirements.
Speaker 2 (10:21):
And thus greater savings.
Speaker 1 (10:23):
The House version raised this all cap for deductions from
ten thousand to forty thousand, made it permanent. The Senate
version kept the forty thousand cap and made it temporary
that would expire after twenty thirty. The Senate increased the
standard deduction for seniors sixty five and up to six
thousand per year. That is two thousand higher than the
(10:44):
House and so a couple things about that. The bill
does not explicitly say, look, you do not have Social
Security that is taxed, But what it does do with
the increase in this standard deduction efectively makes Social Security
for just about everybody tax free.
Speaker 2 (11:05):
So that is kind of what goes on here.
Speaker 1 (11:07):
With the standard deduction increase that again is higher than
the House for seni years, it would increase the debt
ceiling by five trillion, that is one trillion more than
the House and so for some of the fiscal conservatives
in the House are already not happy with this thing.
There's that the Senate version fades out so or tax
(11:28):
credits more slowly than the House version. The Senate version
includes twenty percent less in school choice grants than the
House version, while leaving the pel grant program and intact.
There's far more to the story, but that's justin in
particular the points of particular political interest. None of those
things are necessarily like major deviations from the original bill,
(11:50):
but that doesn't mean that they won't be taken that
way by some geopeers who are reluctant yeay votes the
first time around. Notably, the Senate version, based on the
latest CBO scoring, would theoretically run up the federal deficit
by five to eight hundred billion dollars more than the
original House bill over the next decade, although that is
(12:11):
due to expanded tax breaks the many conservatives argue will
produce a higher growth economy and does more revenue for
the Treasury. But anyway, that is kind of like a
far drive from where the conversation started in the Senate,
which was, Hey, we're going to say maybe even more
than the House. So where does the House stand? We
know it's divided along party lines. It can't be divided
(12:32):
by more than the loss of three Republicans on the
GOP side.
Speaker 2 (12:37):
So whether your House representative is
Speaker 1 (12:39):
Down with the BBB could determine whether President Trump receives
what to him would be his ultimate victory.