All Episodes

July 4, 2025 112 mins
In today’s jam-packed discussion, Tom and co-host Drew tackle some of the most pressing issues shaping today’s world—from the latest midnight vote in the Senate and its sweeping impact on government spending, taxes, and entitlements, to America’s mounting debt crisis and what fiscal responsibility really looks like going forward. The conversation dives deep into the philosophical and practical realities behind the “big beautiful bill,” exploring the controversial cuts to Medicaid and SNAP, heightened requirements for government assistance, and the massive increase in defense spending. Tom and Drew don’t shy away from the tough questions: Is hard work really the only path forward? Can America keep up its promises to retirees and the vulnerable, or are we headed straight for a fiscal cliff? Taking a step further, the episode explores the broader cultural wars defining the next decade in America—what values do we truly share, and who gets left behind when the math stops adding up? Tom breaks down the inevitability of economic cycles, the hard choices ahead, and why relying on endless government spending is a dangerous game. SHOWNOTES 00:00 Senate Passes Controversial Bill 10:16 Addressing Illegal Immigration in Crisis 11:43 Welfare and Federal Budget Debate 19:03 Balancing Budget with Milestones 23:27 "Future Concerns Amidst Fiscal Risks" 27:08 Emotional Reasoning Fuels Inequality Cycle 36:17 "Ranked Choice Voting Versus Lesser Evils" 39:58 Open to Being Wrong 47:19 Macron's Request on Private Matters 49:21 "Candace Withholds Info on Ukraine" 54:51 CEO's Talent Strategy Boosts Meta 01:02:37 "Cyberpunk vs. Solarpunk Futures" 01:06:13 "Robotics: Catalyst for Industrial Growth" 01:10:28 Prediction: Desperation or Recovery? 01:15:23 Women's Silence and Power Abuse 01:24:00 Pointer-Based Trading Limitations 01:27:35 Cold Wallet Storage vs. Exchange Trading 01:33:46 Supreme Court: Incitement & Values Debate 01:40:16 Defining American Identity 01:44:04 System Favors Rule-Breakers Over Legal Immigrants CHECK OUT OUR SPONSORS Vital Proteins: Get 20% off by going to ⁠https://www.vitalproteins.com⁠ and entering promo code IMPACT at check out Allio Capital: Macro investing for people who want to understand the big picture. Download their app in the App Store or at Google Play, or text my name “TOM” to 511511. iTrust Capital: Use code IMPACTGO when you sign up and fund your account to get a $100 bonus at ⁠https://www.itrustcapital.com/tombilyeu⁠  SleepMe: Visit ⁠https://sleep.me/impact⁠ to get your Chilipad and save 20% with code IMPACT. Try it risk-free with their 30-night sleep trial and free shipping. Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠ SKIMS: Shop SKIMS Mens at ⁠https://www.skims.com/impact⁠ #skimspartner ButcherBox: Ready to level up your meals? Go to ⁠https://butcherbox.com/impact⁠ to get $20 off your first box and FREE bacon for life with the Bilyeu Box! Learn more about your ad choices. Visit megaphone.fm/adchoices
Mark as Played

Advertise With Us

Popular Podcasts

Crime Junkie

Crime Junkie

Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.

24/7 News: The Latest

24/7 News: The Latest

The latest news in 4 minutes updated every hour, every day.

Stuff You Should Know

Stuff You Should Know

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.