July 15, 2025 • 4 mins
The early returns on President Trump’s economic policies in his second term are evidenced to have had a far more positive impact on the federal government’s bottom line than previously anticipated. This likely means that the average American will fare better than had been anticipated by economists as well.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:04):
Welcome to the Brian Mud Show.
Speaker 2 (00:06):
It's the info you need to start your day in
the Bomb Beaches and the Treasure Coast. Yes, we take
a look inside of President Trump's economy and President Trump
also talking about this yesterday. The economy is roaring, business
confidence is soaring, incomes of up, prices are down, and
inflation is dead.
Speaker 1 (00:26):
It is not even budgeting anymore.
Speaker 2 (00:29):
It was it was on the ground kind of like
you know, squirreming a little bit, and we poked it
with a stick.
Speaker 1 (00:36):
Finished it off dead.
Speaker 2 (00:39):
Well, we're going to find out how dead inflation is
at a thirty this morning. A huge, huge, huge inflation report,
the consumer price Index report. Again economist expectations so that
it will rise. Inflation won't have risen in June, we
shall see.
Speaker 1 (00:53):
Last week, to the.
Speaker 2 (00:55):
Surprise of many, including the entire expert class, for the
second month out of three, the US Treasury ran a
budget surplus. Combination of teriffts and strong economic activity is
delivered results far exceeding economist expectations. Now of the outperformance
also lends credibility to the Trump team and GOP's argument
that strong economic growth will lead to lower overall budget
(01:16):
deficits going forward than once been projected by the congre
Congressional Budget Office and a lot of economists. So here's
a look at what was reported for the second quarter
by the Treasury Department, the first full quarter of the
current Trump administration, and all after the implementation of the
Liberation Day tariffs, which kicked in April second.
Speaker 1 (01:39):
So the year every year changes.
Speaker 2 (01:41):
Total Treasury depart receipt Department receipts, which basically revenue to
the Treasury of twelve percent year every year, and the
total deficit last year in the second quarter it was
two hundred and eight billion dollars. This year thirty one billion,
or one hundred and seventy seven billion dollars less year
(02:04):
of a year.
Speaker 1 (02:07):
So that's big.
Speaker 2 (02:08):
Hard to overestimate the significance of the second quarter Treasury report.
As large as the US economy is, it's almost unheard
of and to some is implausible to see double digit
growth and revenues year every year, especially without a historic
catalyst like pandemic lockdowns of five years ago. But that's
what we saw, and this almost certainly is going to
result in second quarter economic growth coming in much higher
(02:30):
than economists expectations.
Speaker 1 (02:32):
When reported on July thirtieth.
Speaker 2 (02:34):
The state also suggests the cbosmen for the impact of
the One Big Beautiful Bill Act on debt and deficits
may have been overestimated as well. So the early returns
on President Trump's economic policies in his second term our
evidences to have had a far more positive impact on
the federal government's bottom line than previously anticipated. This likely
means that the average American will fare better than have
(02:56):
been anticipated by economists as well.
Speaker 3 (02:59):
All right, good morning, Florida headlines. We'll start with some
cancelations in delays at Palm Beach International. I'm keeping track
at PBIA. Keep in mind, if there's cancelations there, which
there are, Fort Lauderdale, Hollywood, you're going to have a
lot more bigger airport, more flights. Some flights headed to
various airports in the northeast. One in Atlanta impacted as well.
We'll take a coick check here Philly on American Airlines.
(03:20):
Flight was supposed to leave here in about a minute.
That has been canceled Jet Blue to JFK. A little
bit later in the eight o'clock hour, canceled ten o'clock
flight canceled to Atlanta on Delta. You've got a Jet
Blue flight to Boston canceled and then some other delays
as well, So just check ahead before you fly in
really to anywhere.
Speaker 1 (03:41):
Have that massive flooding going on in the northeast.
Speaker 3 (03:44):
Jeffrey Epstein, co conspirator DELAYE Maxwell, may be willing to
testify before Congress, according to an unnamed source close to Maxwell,
speaking with the publication of The Daily Mail. Maxwell convicted
in twenty twenty two, serving twenty years in prison for
child sex trafficking charges and connection to Epstein's sex trafficking scheme.
Governor de Santa says Florida has a new thing. We're
number one in religious liberty, and he says Florida has
(04:06):
been ranked at the top of all states by the
Texas based First Liberty Institute, a nonprofit law firm litigating
First Amendment cases. The index designed to measure how the
states protect religious liberty, none protecting as much as Florida.
Speaker 1 (04:21):
And teachers in Broward will continue to be part of
a union.
Speaker 3 (04:24):
Teachers voted yesterday to certify the Broward Teachers Union. UNI
officials say the vote was overwhelming, with ninety eight percent
voting for the union bombage County teachers had previously recertified
their union. All right, those are your Florida headlines.
Welcome to the Brian Mud Show.
Speaker 2 (00:06):
It's the info you need to start your day in
the Bomb Beaches and the Treasure Coast. Yes, we take
a look inside of President Trump's economy and President Trump
also talking about this yesterday. The economy is roaring, business
confidence is soaring, incomes of up, prices are down, and
inflation is dead.
Speaker 1 (00:26):
It is not even budgeting anymore.
Speaker 2 (00:29):
It was it was on the ground kind of like
you know, squirreming a little bit, and we poked it
with a stick.
Speaker 1 (00:36):
Finished it off dead.
Speaker 2 (00:39):
Well, we're going to find out how dead inflation is
at a thirty this morning. A huge, huge, huge inflation report,
the consumer price Index report. Again economist expectations so that
it will rise. Inflation won't have risen in June, we
shall see.
Speaker 1 (00:53):
Last week, to the.
Speaker 2 (00:55):
Surprise of many, including the entire expert class, for the
second month out of three, the US Treasury ran a
budget surplus. Combination of teriffts and strong economic activity is
delivered results far exceeding economist expectations. Now of the outperformance
also lends credibility to the Trump team and GOP's argument
that strong economic growth will lead to lower overall budget
(01:16):
deficits going forward than once been projected by the congre
Congressional Budget Office and a lot of economists. So here's
a look at what was reported for the second quarter
by the Treasury Department, the first full quarter of the
current Trump administration, and all after the implementation of the
Liberation Day tariffs, which kicked in April second.
Speaker 1 (01:39):
So the year every year changes.
Speaker 2 (01:41):
Total Treasury depart receipt Department receipts, which basically revenue to
the Treasury of twelve percent year every year, and the
total deficit last year in the second quarter it was
two hundred and eight billion dollars. This year thirty one billion,
or one hundred and seventy seven billion dollars less year
(02:04):
of a year.
Speaker 1 (02:07):
So that's big.
Speaker 2 (02:08):
Hard to overestimate the significance of the second quarter Treasury report.
As large as the US economy is, it's almost unheard
of and to some is implausible to see double digit
growth and revenues year every year, especially without a historic
catalyst like pandemic lockdowns of five years ago. But that's
what we saw, and this almost certainly is going to
result in second quarter economic growth coming in much higher
(02:30):
than economists expectations.
Speaker 1 (02:32):
When reported on July thirtieth.
Speaker 2 (02:34):
The state also suggests the cbosmen for the impact of
the One Big Beautiful Bill Act on debt and deficits
may have been overestimated as well. So the early returns
on President Trump's economic policies in his second term our
evidences to have had a far more positive impact on
the federal government's bottom line than previously anticipated. This likely
means that the average American will fare better than have
(02:56):
been anticipated by economists as well.
Speaker 3 (02:59):
All right, good morning, Florida headlines. We'll start with some
cancelations in delays at Palm Beach International. I'm keeping track
at PBIA. Keep in mind, if there's cancelations there, which
there are, Fort Lauderdale, Hollywood, you're going to have a
lot more bigger airport, more flights. Some flights headed to
various airports in the northeast. One in Atlanta impacted as well.
We'll take a coick check here Philly on American Airlines.
(03:20):
Flight was supposed to leave here in about a minute.
That has been canceled Jet Blue to JFK. A little
bit later in the eight o'clock hour, canceled ten o'clock
flight canceled to Atlanta on Delta. You've got a Jet
Blue flight to Boston canceled and then some other delays
as well, So just check ahead before you fly in
really to anywhere.
Speaker 1 (03:41):
Have that massive flooding going on in the northeast.
Speaker 3 (03:44):
Jeffrey Epstein, co conspirator DELAYE Maxwell, may be willing to
testify before Congress, according to an unnamed source close to Maxwell,
speaking with the publication of The Daily Mail. Maxwell convicted
in twenty twenty two, serving twenty years in prison for
child sex trafficking charges and connection to Epstein's sex trafficking scheme.
Governor de Santa says Florida has a new thing. We're
number one in religious liberty, and he says Florida has
(04:06):
been ranked at the top of all states by the
Texas based First Liberty Institute, a nonprofit law firm litigating
First Amendment cases. The index designed to measure how the
states protect religious liberty, none protecting as much as Florida.
Speaker 1 (04:21):
And teachers in Broward will continue to be part of
a union.
Speaker 3 (04:24):
Teachers voted yesterday to certify the Broward Teachers Union. UNI
officials say the vote was overwhelming, with ninety eight percent
voting for the union bombage County teachers had previously recertified
their union. All right, those are your Florida headlines.
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