January 29, 2025 • 9 mins
Trump Renews Call for Tax-Free Tips & Social Security plus DT Issues Executive Order to Ban Gender-Affirming Care for Minors also The White House is Pausing Federal Grants and Loans
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Episode Transcript
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Speaker 1 (00:00):
And I was saying before, with a Party of common sense,
you know, we don't want to have men playing in
women's sports. And I'm going to work it out that
there's no tax on social security for seniors, no tax
on tips.
Speaker 2 (00:14):
You're listening to the forty seven Morning Update with Ben Ferguson.
Speaker 3 (00:18):
Good Wednesday morning, Ben Ferguson with you, and it's nice
to have you on the forty seven Morning Update. We've
got three big stories for you this morning, including Donald
Trump pledges to end taxes on overtime tips and social
Security benefits. I'll explain the breakdown for you in a moment. Also,
in a major victory for children, Donald Trump has signed
(00:40):
an executive order protecting children from gender mutilation. And finally,
Trump holts three trillion in federal grants pending review of
compliance with his executive orders. Democrats are fighting back with
many lies about what this actually does. Forty seven Morning Update,
(01:01):
and it starts right now.
Speaker 2 (01:03):
Story number one.
Speaker 3 (01:04):
It was a campaign promise that very well may have
won several different swing states for Donald Trump. The promise
he made on the campaign was this, they're.
Speaker 1 (01:12):
Going to destroy social security. I am going to leave
social Security. I'm not raising the years. I'm not raising
the age. I will be saving social Security and I'm
going to work it out that there's no tax on
Social Security for seniors. I'm also doing no tax on tips,
no tax on tips. So waiters, waitresses, caddies, people that
(01:34):
drive cars, people that get tips, who have been harassed
by this government, We're gonna have no tax on tips.
That's a big thing.
Speaker 3 (01:41):
It is a big thing, and it was a big
thing that may have catapulted him to the White House. Well,
now the president is moving forward working with Congress to
make all of these promises, including no taxes on overtime.
You can add that to the list of promises and
what he's trying to pay off on. So let's go
through these so you understand exactly what is happening. The
(02:03):
taxes on tips and overtime. The proposal that Trump has
now come up with aims to work with Congress to
now pass legislation that would exclude workers' tips and overtime
earnings from federal taxation. Now, what is the impact, Well,
this would increase take home pay for workers in industries
like hospitality. Critics are warning that this quote might lead
(02:27):
to employers reducing base wages, even though there's absolutely no
evidence of that. That is what Democrats are fighting back with.
Let's move to Social Security. The goal of this for
Donald Trump is to simply have more money for retirees.
Seniors would receive their full Social Security benefits without reductions
(02:49):
due to taxation, improving their financial well being, in essence,
giving a cost of living increase a raise to every
single recipient of SECURE. This would also allow, as Donald
Trump has argued this week, for better retirement security. Retirees
living on a fixed income would have more funds available
(03:10):
for necesses like healthcare, housing, and daily expenses that have
skyrocketed because of Biden inflation. And it would also help
stimulate the economy, President Trump says as well, increasing consumer spending.
With more money in their pockets, seniors could contribute more
to the economy by spending on goods and services. Now,
(03:32):
both of these proposals aim to put more money directly
into the hands of workers and retirees, which could improve
financial stability and also stimulate economic growth. So of course,
you know now why so many Democrats are coming out
and saying they're against this proposal because they're against Americans
(03:53):
actually being able to take care of themselves and enjoy.
Speaker 2 (03:57):
Life now story number two.
Speaker 3 (03:58):
Donald Trump made two promises to the American people during
the campaign. One of them was the issue of transgender
surgeries against miners, saying it's time for us to get
rid of that in the United States of America. No
miner should be mutilated, especially to a young age when
they are a minor. He also made it clear that
he wanted to protect women's sports, getting men transgenders out
(04:22):
of women's locker rooms. How important is this subject to
the president. Well, on the day he was inaugurated, at
one of the inaugural balls that night, President Trump said
this to the crowd.
Speaker 1 (04:35):
And I was saying, before, with a party of common sense,
you know, we don't want to have men playing in
women's sports. We don't want to have transgender operations for everyone.
Speaker 3 (04:47):
Well, Donald Trump, just one week later, has made part
of what he just talked about become a reality. President
Trump has signed an executive order prohibiting sex reassignment surgeries
for miners. Supporter of the decision are saying thank you
to the present because of how the order was written
a protection of minors. The order aims to quote safeguard
(05:09):
children from making irreversible medical decisions at a young age,
ensuring they reach maturity before considering such procedures. It also
goes into the health and safety aspects of these surgeries.
By delaying these surgeries into adulthood, the policy seeks to
prevent potential medical complications and psychological impacts associated with early
(05:35):
gender transition. And then, parental involvement was part of the
executive order, emphasizing the importance of parental guidance in significant
medical decisions, promoting family involvement in a child's well being,
something that many medical professionals have not wanted to be
a part of the decision making process, and at many
(05:57):
schools they also were doing everything they could hide from
parents a child's decision to quote be transgender. Advocates are
now saying this measure, which has now become an executive order,
will prioritize the long term health and safety of minors,
allowing them to make fully informed decisions about their bodies,
(06:20):
not as children, but as adults. This is another common
sense approach where Donald Trumps said after eighteen, you can
do what you want to do, but when you are
a child, it is my job to protect you from
the radical leftists out there that are trying to indoctrinate
your children into a radical alternative lifestyle.
Speaker 2 (06:42):
And lastly, story number three.
Speaker 3 (06:44):
Donald Trump sent shockwaves through the federal government today as
he halted three trillion in federal grants pending review of
compliance with his executive orders. President Trump ordering the suspension
of all federal grantsants, loans, and other financial programs pending
what they described as a thorough agency review. The decision
(07:08):
was announced in a two page memo from the Office
of Management and Budget titled Temporary Pause of Agency Grant,
loan and other financial assistance Programs. According to the memo,
it affects at least three trillion and federal outlays.
Speaker 1 (07:24):
Now.
Speaker 3 (07:24):
Democrats immediately seized on this to say that Donald Trump
was going to stop giving food stamps to Americans and
he was going to stop sending out SOCID security checks.
That is a lie on both of those issues. The
White House was quick to respond and correct the issue,
calling out Democrats for causing panic among seniors and mothers
(07:47):
who are just trying to feed their kids. So let
me tell you what exactly is in this freeze. Number one,
The goal is to enhance fiscal responsibility, how are they
going to do it? Through a thorough review of expenditure,
the pause will allow for a comprehensive assessment of federal
programs to determine their necessity efficiency, potentially identifying and eliminating
(08:10):
wasteful spending. This is something that every American should be
in favor of. Number two inflation mitigation, control of excessive spending.
By scrutinizing and potentially reducing unnecessary expenditures, The initiative aims
to address unchecked spending that can contribute to inflation, thereby
(08:31):
protecting the American economy. And number three alignment with policy objectives.
Focusing on core priorities, The freeze seeks to redirect funds
towards programs that directly support the administration's goals, such as
promoting efficiency in government operations and ending initiatives deemed misaligned
(08:51):
with current policy directions of the Trump administration. And finally,
number four, potential long term saving reduction of federal bloat.
By evaluating in justifying each program's expenditures, the government could
achieve significant savings, white House says, potentially amounting to hundreds
(09:14):
of billions of dollars benefiting taxpayers. Yet again in the
long run. Bottom line, the Trump administration is making it
clear that this is a strategic pause and a prudent
measure to ensure that taxpayer dollars are utilized effectively, fostering
a more accountable and efficient federal government for the workers
(09:35):
the taxpayers in America.
Speaker 2 (09:37):
Thank you for listening to the forty seven Morning Update
with Ben Ferguson. Please make sure you hit subscribe wherever
you're listening to this podcast right now and for more
in depth news, also subscribe to the Ben Ferguson podcast
and we will see you back here tomorrow.
And I was saying before, with a Party of common sense,
you know, we don't want to have men playing in
women's sports. And I'm going to work it out that
there's no tax on social security for seniors, no tax
on tips.
Speaker 2 (00:14):
You're listening to the forty seven Morning Update with Ben Ferguson.
Speaker 3 (00:18):
Good Wednesday morning, Ben Ferguson with you, and it's nice
to have you on the forty seven Morning Update. We've
got three big stories for you this morning, including Donald
Trump pledges to end taxes on overtime tips and social
Security benefits. I'll explain the breakdown for you in a moment. Also,
in a major victory for children, Donald Trump has signed
(00:40):
an executive order protecting children from gender mutilation. And finally,
Trump holts three trillion in federal grants pending review of
compliance with his executive orders. Democrats are fighting back with
many lies about what this actually does. Forty seven Morning Update,
(01:01):
and it starts right now.
Speaker 2 (01:03):
Story number one.
Speaker 3 (01:04):
It was a campaign promise that very well may have
won several different swing states for Donald Trump. The promise
he made on the campaign was this, they're.
Speaker 1 (01:12):
Going to destroy social security. I am going to leave
social Security. I'm not raising the years. I'm not raising
the age. I will be saving social Security and I'm
going to work it out that there's no tax on
Social Security for seniors. I'm also doing no tax on tips,
no tax on tips. So waiters, waitresses, caddies, people that
(01:34):
drive cars, people that get tips, who have been harassed
by this government, We're gonna have no tax on tips.
That's a big thing.
Speaker 3 (01:41):
It is a big thing, and it was a big
thing that may have catapulted him to the White House. Well,
now the president is moving forward working with Congress to
make all of these promises, including no taxes on overtime.
You can add that to the list of promises and
what he's trying to pay off on. So let's go
through these so you understand exactly what is happening. The
(02:03):
taxes on tips and overtime. The proposal that Trump has
now come up with aims to work with Congress to
now pass legislation that would exclude workers' tips and overtime
earnings from federal taxation. Now, what is the impact, Well,
this would increase take home pay for workers in industries
like hospitality. Critics are warning that this quote might lead
(02:27):
to employers reducing base wages, even though there's absolutely no
evidence of that. That is what Democrats are fighting back with.
Let's move to Social Security. The goal of this for
Donald Trump is to simply have more money for retirees.
Seniors would receive their full Social Security benefits without reductions
(02:49):
due to taxation, improving their financial well being, in essence,
giving a cost of living increase a raise to every
single recipient of SECURE. This would also allow, as Donald
Trump has argued this week, for better retirement security. Retirees
living on a fixed income would have more funds available
(03:10):
for necesses like healthcare, housing, and daily expenses that have
skyrocketed because of Biden inflation. And it would also help
stimulate the economy, President Trump says as well, increasing consumer spending.
With more money in their pockets, seniors could contribute more
to the economy by spending on goods and services. Now,
(03:32):
both of these proposals aim to put more money directly
into the hands of workers and retirees, which could improve
financial stability and also stimulate economic growth. So of course,
you know now why so many Democrats are coming out
and saying they're against this proposal because they're against Americans
(03:53):
actually being able to take care of themselves and enjoy.
Speaker 2 (03:57):
Life now story number two.
Speaker 3 (03:58):
Donald Trump made two promises to the American people during
the campaign. One of them was the issue of transgender
surgeries against miners, saying it's time for us to get
rid of that in the United States of America. No
miner should be mutilated, especially to a young age when
they are a minor. He also made it clear that
he wanted to protect women's sports, getting men transgenders out
(04:22):
of women's locker rooms. How important is this subject to
the president. Well, on the day he was inaugurated, at
one of the inaugural balls that night, President Trump said
this to the crowd.
Speaker 1 (04:35):
And I was saying, before, with a party of common sense,
you know, we don't want to have men playing in
women's sports. We don't want to have transgender operations for everyone.
Speaker 3 (04:47):
Well, Donald Trump, just one week later, has made part
of what he just talked about become a reality. President
Trump has signed an executive order prohibiting sex reassignment surgeries
for miners. Supporter of the decision are saying thank you
to the present because of how the order was written
a protection of minors. The order aims to quote safeguard
(05:09):
children from making irreversible medical decisions at a young age,
ensuring they reach maturity before considering such procedures. It also
goes into the health and safety aspects of these surgeries.
By delaying these surgeries into adulthood, the policy seeks to
prevent potential medical complications and psychological impacts associated with early
(05:35):
gender transition. And then, parental involvement was part of the
executive order, emphasizing the importance of parental guidance in significant
medical decisions, promoting family involvement in a child's well being,
something that many medical professionals have not wanted to be
a part of the decision making process, and at many
(05:57):
schools they also were doing everything they could hide from
parents a child's decision to quote be transgender. Advocates are
now saying this measure, which has now become an executive order,
will prioritize the long term health and safety of minors,
allowing them to make fully informed decisions about their bodies,
(06:20):
not as children, but as adults. This is another common
sense approach where Donald Trumps said after eighteen, you can
do what you want to do, but when you are
a child, it is my job to protect you from
the radical leftists out there that are trying to indoctrinate
your children into a radical alternative lifestyle.
Speaker 2 (06:42):
And lastly, story number three.
Speaker 3 (06:44):
Donald Trump sent shockwaves through the federal government today as
he halted three trillion in federal grants pending review of
compliance with his executive orders. President Trump ordering the suspension
of all federal grantsants, loans, and other financial programs pending
what they described as a thorough agency review. The decision
(07:08):
was announced in a two page memo from the Office
of Management and Budget titled Temporary Pause of Agency Grant,
loan and other financial assistance Programs. According to the memo,
it affects at least three trillion and federal outlays.
Speaker 1 (07:24):
Now.
Speaker 3 (07:24):
Democrats immediately seized on this to say that Donald Trump
was going to stop giving food stamps to Americans and
he was going to stop sending out SOCID security checks.
That is a lie on both of those issues. The
White House was quick to respond and correct the issue,
calling out Democrats for causing panic among seniors and mothers
(07:47):
who are just trying to feed their kids. So let
me tell you what exactly is in this freeze. Number one,
The goal is to enhance fiscal responsibility, how are they
going to do it? Through a thorough review of expenditure,
the pause will allow for a comprehensive assessment of federal
programs to determine their necessity efficiency, potentially identifying and eliminating
(08:10):
wasteful spending. This is something that every American should be
in favor of. Number two inflation mitigation, control of excessive spending.
By scrutinizing and potentially reducing unnecessary expenditures, The initiative aims
to address unchecked spending that can contribute to inflation, thereby
(08:31):
protecting the American economy. And number three alignment with policy objectives.
Focusing on core priorities, The freeze seeks to redirect funds
towards programs that directly support the administration's goals, such as
promoting efficiency in government operations and ending initiatives deemed misaligned
(08:51):
with current policy directions of the Trump administration. And finally,
number four, potential long term saving reduction of federal bloat.
By evaluating in justifying each program's expenditures, the government could
achieve significant savings, white House says, potentially amounting to hundreds
(09:14):
of billions of dollars benefiting taxpayers. Yet again in the
long run. Bottom line, the Trump administration is making it
clear that this is a strategic pause and a prudent
measure to ensure that taxpayer dollars are utilized effectively, fostering
a more accountable and efficient federal government for the workers
(09:35):
the taxpayers in America.
Speaker 2 (09:37):
Thank you for listening to the forty seven Morning Update
with Ben Ferguson. Please make sure you hit subscribe wherever
you're listening to this podcast right now and for more
in depth news, also subscribe to the Ben Ferguson podcast
and we will see you back here tomorrow.
Host
Ben Ferguson
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