Episode Transcript
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Speaker 1 (00:00):
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Speaker 2 (00:22):
Joining us now, Senator Rick Scott. Of course, the One
Big Beautiful Bill Act pass through the House in the
hands of the Senate. Senator Scott actively working on this
along with his colleagues.
Speaker 3 (00:33):
Good morning, Senator, Well.
Speaker 4 (00:36):
I had a good meet with the President yesterday. Uh,
they try to figure out how to get this bill
done and at fiscal sanity. So there's a lot of
good things. What dous did from you know, money for
the border, money for the military, make the tax cuts permanent.
So we got it, We've got it. We've got to
cut a lot of waste. We've had a fifty three
(00:59):
percent during the Biden years and the House bill and
cut spending by less well less than two percent over
ten years, and so we're running two train dollars deficits.
So I talked to President about, you know, about how
do we do all these things? And they're all doable,
so I'm optimistic. We just got to work hard at it.
Speaker 2 (01:17):
Yeah, it's interesting because at first it seems like the
House might be more conservative in their approach from a
spending perspective than the Senate. Now it seems like it's
kind of the other way, where it might be the
Senate that sends a more fiscally restrained version back to
the House. What is the current dialogue within the Republican
conference in the Senate and what kind of timeline are
(01:39):
you taking a look at here?
Speaker 4 (01:42):
Well, things happen based on deadlines in the Senate. So
from a deadline standpoint, I know there's a lot of
effort to get this done by July fourth. Here's a
two So what we get done before July fourth, that
we'll get done before August one, because that's when that's
when the Senate goes on re We go on recess
for the week of July fourth, we go on recess
(02:04):
the first part of August, so that's that's when the
pressure points are and the and we got the desclination increase,
so the but you know, we're having real good conversations
where we're talking about how do we get rid of fraud,
waste abuse, out of the medicaid system. We're talking about
how do we get rid of you know, Biden's Green
New Deal. So we're we're we've been talking about looking
(02:28):
line by line to the budget to try to figure
out saving That's what I did when I became governor
of Florida. Florida one of the with its means one
year and forty and so I went line by line
to the budget every year with balanced budget every year.
There's fourth in lines of the budget in Florida. There's
supposedly about five thousand lines here. The hard thing, right
when't believe this. The hard thing up here is to
(02:49):
get a budget because we don't do budgets. We do
spending bills. So if you like, if you want to
have just get a line item of how all the
money is spent. It's like impossible. I've never been able
to do that up here. I mean there's no sort
of you know, in business, you had your expenses, you
had your balance sheet, all this stuff. I mean that
(03:10):
stuff is just completely foreign up here. There's no balance
sheet for the federal government. There's no he can't get
a list of all the expenditures. This place is a disaster.
Speaker 2 (03:21):
Well, you bring up such a good point, the Senator,
you talked to you and our remember way back when
you're first heading towards the Senate, the concept of baseline budgeting,
which is effectively what everything operates off of. What you're
talking about, and nobody even really produces the baseline.
Speaker 3 (03:37):
But you know, the way we go about our lives.
Speaker 2 (03:39):
If we're taking a look at our budget, whether it's
true in business, it's it's true at home, we take
a look at all of our expenses and then figure
out what it is that we should prioritize, and you
know where you might need to make changes. Well, without
having even a baseline that he can look at you,
it's automatically accepting a false premise of spending that might
(04:00):
be egregious, but it's just kind of built into the system.
Speaker 4 (04:04):
You know.
Speaker 2 (04:04):
Ultimately, I guess this is a big part of what
DOGE was and is trying to get at. But how
do you deal substantively with the system that is constructed
the way that you're talking about, or is it really
not possible as long as we continue to do things
this way.
Speaker 4 (04:23):
Well, if we keep doing things the same way, we
get the same bad results. So there's you know a
lot of assertion to change it. And I'm very proud
of what the President's done with regard to DOGE. I
mean he did what basically the exact same thing it's
always ever called in those yets at all. I did
as I just went to the budget all the time,
(04:44):
and that's what he's been doing, That's what Elon Musk
was doing, and he still has a team there doing it.
So it so it's all doable. It's just you know,
think about it. There's most people have don't have never
read a balance sheet or an income statement or cash
flow statement. They've never had a P and L in
their lives and so this is foreign to them. And
(05:06):
so here's the other thing to think about. We've had
massive excess spending for decades now, since actually since book
Clinton was president, right, and so it hasn't impacted us yet.
Now it started in the Biden years where we got
his massive spending. Guys, just the inflation we have. But
if we're she's not going under control, get them plan
(05:27):
to get under control. We're not going to inte straight
down to a balance of budget. It's actually pretty simple
government spending causes inflation, and the public has been clear.
Nobody can run and recovering democrat can't run a campaign.
Other and the residential taxes are rich. Nobody could run
a campaign and say, oh, I'm going to raise your taxes.
(05:48):
And the rich, the rich don't make enough money to
have a dramatic impact on our budget. And so the
public has said, hey, I'm not giving you more than money.
I'm tired of giving you guys money. Government, figure out
how to spend the money we're giving you better. And
that's what I'm trying to do. Do what you do
with your private life. Your prioritaries say this is to
(06:08):
what we make. Okay, this is what I'm not going
to spend more of that. And by the way, I
want to say money just in case something bad happened.
We're not thinking that way up here. Now. There's a
lot of r by the general. That's not how congresses operate.
Congresses operate well if you don't spend money on something
you don't care about it. Well, so I care about
a lot of stuff, but I also care about getting
(06:30):
rid of inflation and getting interest rates down and within
our means. And so it's not when I say, hey,
we need to prioritize spending this over this. It doesn't
mean I don't care about the second thing. It means
I care more about the first thing.
Speaker 2 (06:43):
So I'm curious ed to throw a couple of different
things at you, and maybe the messaging now works. I mean,
for example, we know the American people are behind the
President's deportation plan for example, that by the way, is
inherently deflationary, or you know it combats in inflation. If
you have your illegal immigrants competing for resources, including the
starting with affordable housing, you're going to have less inflation
(07:05):
over time. So that even plays into the economic side
of things. Your point about there not being enough money
with rich people as accurate. Now, I've done an analysis
on this many times. If you confiscated one hundred percent
of everything produced by the top one percent, you still
do not bridge the budget deficit the way that it
currently sits. That also ties into some of these other
things that are our issues, like the whole medicaid thing.
(07:28):
I mean, it is absurd on its face that you're
taking medicaid away from people where the work requirements only
say do twenty hours of anything productive with your life.
Do twenty hours of work, do twenty hours of looking
for work, do twenty hours of community service, anything productive
with your life for twenty.
Speaker 3 (07:43):
Hours, and you're still on it.
Speaker 2 (07:45):
And somebody wants to complain about that, I tell them
to go pound sand if you want to do anything
productive with your life and for twenty hours a week,
you know, go pound sand.
Speaker 3 (07:52):
But stop living off the rest of us.
Speaker 2 (07:54):
And so this takes me to maybe the biggest issue
of all, Senator, and I think philosophically you'll agree. The
President maybe not, though, and this is one of the things.
So we know that he wants to build in more
tax cuts to this, and it has been built in
the no tax on tips and no tax on overtime.
The single biggest substantive problem we have beyond you know,
this ridiculous spending, is that you don't have enough people
(08:16):
paying into the system anymore. We have a third of
taxpayers thirty three percent, that are actual net beneficiaries of
the federal income tax system, so we don't not only
are they not paying into it, but they actually profit
off of it. And the one issue I have above
most others with this as it currently says, is that
it actually exacerbates that existing issue. Even fewer people would
(08:37):
end up as net taxpayers with this proposal.
Speaker 4 (08:41):
What do you think, Well, as you know, I think
I think we're all in this together. So if we're
all going to be together, I'll pitch in. I think
the way the way you you've fixed it is you
get everybody back to work. I think I think it's
so it's like fifty two million people in this country
working age that aren't working. Fifty new fifty too many people.
(09:03):
Let's think about that for a second. Brand if all
those people were working, right, they would actually be paying
income tax. And if we like, if the whole system work,
like first off, if our university is focused on you
getting good paying jobs, people would make more money, right
if we did, if we had more American manufacturing, American
(09:25):
manufacturing makes more money. Right. So there's all these things.
So yeah, I think we all were to all have
skin in the game and and be and pay part
of ours, our pay a fair share. I mean, my
parents never meant any money. They never complained about paying taxes.
(09:45):
I don't think my parents ever made ten thousand dollars
a year in their life. You know, there they to
complaint is Okay, how how's my money going to be used? So?
But my job is is from time I ran back
in twenty ten, is get people back to work. I
think it's better for everything. Is if you have a job,
Like I tell my grandkids, if you're over seven, I've
(10:07):
got I've got seven grand kids. You're over seven. The
first thing I say to you when I see is
are you an employee? Are you working? Give a job?
You making any money? Have you? Have you figured out
how to make a build of business? Like I said,
I was selling things door to door when I was seven.
How about you? Have you sold any thing? Have you
done then? In the night standy you try? Have you
tried to sell things door to door? What are you doing?
(10:29):
Because I think it's important. I tell all these high
school kids, get a darn job. When you're in college,
work you're gonna learn way more than what they're going
to teach in a classroom, way more. I mean, and look,
I think your education is really important, but work is
really important. That's how you're gonna learn how to get
ahead in life.
Speaker 3 (10:47):
Amen, Senator.
Speaker 2 (10:48):
And I still give you flashbacks my horrified mom at
five years old when she found out that for a
couple of weeks, I've been going door to door my
little red wagon with paper airplanes I made, selling them
for a quarter back when quarter was actually reasonable money
you can buy.
Speaker 4 (11:02):
You could buy a few candy bars with that.
Speaker 3 (11:04):
Well, yeah, and baseball cards kind of my go to.
Speaker 2 (11:08):
Yeah, so, Senator, at this point in the Senate, does
it look like you're going to do the fun?
Speaker 3 (11:15):
Was that?
Speaker 4 (11:16):
I think it's fun when you think about how people
figured out how to get ahead.
Speaker 2 (11:20):
Yeah, right, yeah, No, I mean it's just said, I
mean work is the key to your point and uh,
and that was always my dad's philosophy too, is that
I'm not going to hand you everything. Even if you're
you're going to get an allowance, it's going to be
moderate and you're going to have to work to show
that you earned it.
Speaker 3 (11:36):
And then yeah, go from there, Senator.
Speaker 2 (11:39):
In terms of the bill, the Senate had been taking
a look at that two bill approach. Originally, does it
look like you're going to do this in the one bill?
Speaker 4 (11:48):
So you know, we've had a lot of conversations. I
just think I think at least makes way more sense
to do two bills, but the President wants one bill.
The House wants one bill so hard. It would be
so much easier if we would do two bills. But
I just, you know, I don't see my good friend
Ron Johnson, the Senator from Wisconsin's continue to talk about
(12:11):
two bills. Last night where I was in dinner, we
had we're all meeting. A bunch of us were meeting
with Stephen Miller from the White House, and one of
them was pitching two bills. It's just it's you know,
it's just I think it would make more sense. Do
I think that's going to happen. I don't do it
makes more sense, Yeah, it does.
Speaker 2 (12:29):
And just lastly, real quick, Senator, so hurricane season here,
you always have had a strong message for the residents
of our state, going back to your time as governor.
What about for the people that are saying that this
budget situation that DOGE is making us less safe.
Speaker 4 (12:47):
No, that's not true at all. First of all, Christine
Ohlme was in the committee two weeks ago. I asked
if FEMA is ready, that they are, so it's homelandsecurity.
But let's remember FEMA does not respond to hurricane They
respond under question the government the way the federal government is.
The federal government doesn't have a whole bunch of environment
policemen first responders that show up. What they do is
(13:08):
they write checks, and so as long as Congress gives
them the money, they can write the check. So I
tell everybody, Number one, you're responsible for your safety. That
means go to there's a lot of websites, the federal
ones ready dot gov, go your website, get a plan.
Number two is your local government's going to bust are
about to keep you healthy and keep you alive fire please,
(13:30):
you know everybody, they're going to do everything. You can't
listen to them. Uh. And then the state government has
got a great emergence management system and so then the
federal government will show up writing checks I give when
you lose housing and things like that. And Christian Nomes
said online Security secretary said, they're ready. So you know,
(13:52):
I trust her and I'm going to do everything I
can to make sure the federal government does its part.
But it starts with you keeping yourself healthy.
Speaker 2 (14:00):
Hey, Senator Rick Scott, always appreciate the time.
Speaker 4 (14:03):
Be well, alright, see brain, comebody, all right,