6-30-25 - 9am - The One Big Beautiful Bill

Episode Transcript

Speaker 1 (00:00):
Michael am I wasting my time. I know that the
big beautiful bill is not one hundred percent, or rather
I feel like it's not one hundred percent, but there's
a whole lot of good things in there that I
do want. And I've encouraged anyone that I come across
to call their representatives and their senators and say that
they want that even though it's not one hundred percent,

(00:22):
there's a whole lot of good stuff in there. I am,
I'm wasting my time.

Speaker 2 (00:30):
I'm kind of not to be a smart ass here,
but you just step right in the middle of it.
You spoke the truth, and we can't have the truth.
There are a lot.

Speaker 3 (00:45):
Of things in this bill that I don't like.

Speaker 2 (00:48):
There are some things that we're supposed to be in
this bill that are not in the bill. There are
some things that we're supposed to be in the bill
that are in the bill. There have been some changes
made by the Senate that I think are really stupid.
And there are some things that they did in the
House that I think are really stupid. And the and
the House and intend they've both done some stuff that
is really good.

Speaker 1 (01:07):
But what's that old phrase, don't let good be the
enemy of perfect.

Speaker 3 (01:11):
Yes, but that doesn't apply to you, a lie, because
we're just both perfect perfect. Yeah, so it doesn't.

Speaker 2 (01:17):
That's just something we don't have to worry about. Sure, yeah,
hell's bells. We just try to get We just try
to get like a D plus on this program. If
we can just avoid the F and just get like
a D or a D plus to us, that's like
a great day.

Speaker 3 (01:32):
As my kids said in high school, c's get degrees.
We c's get degrees, get degrees. I've not heard that one.

Speaker 1 (01:43):
Yeah, that's the first time I heard it when they
were going to schools like Okay, So.

Speaker 2 (01:48):
Interestingly, I sometimes I think that there is either divine
intervention or just.

Speaker 3 (01:57):
Or maybe this audience just has Are there cameras in here?
Probably we do. Alexis got one.

Speaker 2 (02:06):
Well, I know that they exactly. I wanted to talk
about the BBB. I don't want Golly, I don't want
to talk about the BBC yet, don't want to talk
about you know, BBA. I want to talk about the BBB.
It drives me crazy, the Big Beautiful Bill. Every time

(02:26):
I hear a newscaster we're talking about the Big Beautiful Bill.
I just want to scream, really, the big beautiful bill, okay,
but it's not merely a piece of legislation. It is
a rhetorical wrecking ball. That is really is. It's swung
back and it's now coming right down toward some of
Washington's most sacred myths, many of them cultivated over decades

(02:49):
of so called by partisanship, which I despise complacency. Last night,
as Senate Democrats took to the floor doing all their
demagoguery and the distortion, you could almost hear the Senate
chambers just beginning to shake a little bit. They were panicked.

(03:10):
Their arguments we retired. Their relationship to the truth was
tenuous at best. So terrified are they of the bill's popularity,
the bill's likelihood of passing, the substance in the bill
that they used every delay tactic in the book. Most

(03:32):
absurd was Chuck Schumer forcing the Senate staff to read
aloud the entire nine hundred page bill. Now that's nothing
more than performative obstruction, more befitting a Saturday Night Live
skit than the world's most deliberative body. There was at

(03:56):
some point I forget either on radio or television last night,
but it's I know it had to have been first
radio because I didn't see the clerk who was doing
the reading, but.

Speaker 4 (04:08):
She was coughing.

Speaker 3 (04:10):
She could she could barely read. It's absurd.

Speaker 2 (04:16):
Now there is nothing in the Senate rules, nothing whatsoever
that And I think they've actually tried this at the
Colorado Pullet Bureau, where they fed the bill into some
sort of wasn't like check but something like a chat
GPT where they could just speed up the reading to
you know, it's indecipherable, kind of like we do sometimes

(04:38):
with you have a disclaimer at the end of a
spot where there's the legal ease or there's all of
the the you know, the disclaimers about side effects or whatever.
You just speed it up to a thousand words a second,
and you boom, you get it over with.

Speaker 3 (04:50):
But they weren't doing that.

Speaker 2 (04:51):
Oh no, Chuck Schumer was not going to do that whatsoever.

Speaker 3 (04:57):
From start to finish.

Speaker 5 (04:59):
I object, all right, the clerk will read the call
after the enacting clause and insert the following section one title.

Speaker 4 (05:18):
This Act may be cited as the one Big Beautiful Bill, and.

Speaker 2 (05:23):
Thus begins the reading of the bill. Utterly absurd. They
now Finally, at some point yesterday I did not see it,
but apparently the Senate Majority Leader, John Thune, exercise some
sort of authority. I don't know what it was in
terms of parliamentary procedure, but he put.

Speaker 3 (05:45):
A halt to the to the to the absurdity.

Speaker 2 (05:50):
Those clerks are loyal to that body, and those clerks
will do anything and everything that you ask them to do.
They're generally nonpartisan. They whatever their party affiliation is, they
keep to themselves. And they're there because they respect the

(06:10):
institution and will do whatever they can. So here's a
woman standing up. They're taking turns reading, you know, and
and this is going on all through the night, all
through the night. She can barely speak, she's coughing. I
think she's going to destroy her vocal cords. And finally
John Thune says, enough is enough.

Speaker 3 (06:27):
We're not going to do this.

Speaker 2 (06:33):
The central tactic that was employed by the Democrats was
just repetition. Say it enough times, repeat the lie enough times,
and maybe the public will believe it. They label the
BBB as a tax break for billionaires. And when I
heard that, all I could think about was this. The

(06:54):
Democrat nominee for mayor of New York City.

Speaker 6 (06:57):
We are a self described democratic socialist.

Speaker 3 (07:00):
Do you think that billionaires have a right to exist?

Speaker 4 (07:04):
I don't think that we should have billionaires because, frankly,
it is so much money in a moment of such inequality,
and ultimately, what we need more of is equality across
our city and across our state and across our country.
And I look forward to work with everyone, including billionaires,
to make a city that is fairer for all of them.

Speaker 2 (07:22):
We don't need no stinking billionaires. No, don't need no
stinking billionaires. What are we going to do? Line them
up and just execute them? Or are we just going
to you know, at gunpoint. Okay, hand over all your
stock certificates. Hand over the passwords to your brokerage accounts.
Hand over the passwords to your checking accounts. By the way,
all the house, hand over the deed or the house.

(07:46):
Excuse me, I didn't mean to offend any billionaires. Hand
over the deeds to your houses, your yachts, your planes, everything,
and we're just going to take that because we know
better how to use it than you do. That's the
democrats attitude. It's a it's a tax break for billion
it's a tax break for everybody. Repetition is not reality.

(08:10):
The facts inconvenience, though they may be for the status quo,
actually tell a very different story. The foundational lie about
the big beautiful bill so stupid, isn't it, is that
it's a gift of the ultra wealthy. Here's the reality.
This bill will deliver the largest middle and working class

(08:32):
tax cut in the history of the United States. According
to the Office of Economic Policy, the average American family
stands to see more than ten thousand dollars a year
in increased take home pay.

Speaker 3 (08:50):
That means Dragon Lie can double our income.

Speaker 7 (08:54):
Woo hoo.

Speaker 2 (08:57):
That's not a handout for what was the green acres.
Get me parked out, Get me park It's not a
handout of park Avenue. It's a handout. It's not even
a handout. It's tax relief for main street. The wealthiest Americans,
whose effective tax rates remain.

Speaker 3 (09:14):
Among the highest in the entire world.

Speaker 2 (09:16):
Don't get any special carve outs here. So here's what
the Democrats are really lamenting about as a windfall for
the rich is in truth, it's a return of earned
income to the families who produce the income in the
first place, and then Another canard that they keep pushing

(09:36):
is that robs the poor to feed the rich. Do
we no wonder kids can't create think critically. We just
live in a time of just it's just bumpers. As
long as you can read the bumper sticker, as long
as you can read the one line that they deliver
on you know some pundit delivers as long as you

(09:57):
can get the one sound bite, and that's all you
need to know. Rob the rich, feed the poor. It's
a Robinhood bill that's not only in fault, not not
only fault, it's actually an inverse of the reality low
income Americans, those who actually pay taxes, not those who
don't pay any taxes, but those low income Americans will

(10:18):
see the largest percentage reduction in their tax liability in
the history of the country. And it is for those
who don't pay any taxes. It is structured to increase
the earned income tax credit and to reduce the payroll
tax burden on the working poor. So this is not
redistributionist in the Marxist mode, but is a restoration of

(10:40):
dignity through work, the restoration of dignity through reward, and
it's being fiscally honest when it comes to taxes. Now,
there's some things in it that I don't think are
fiscally honest, but when it comes to taxes, that's the truth. Then,
as if they're smoking some really nice colorado No, they're

(11:02):
no longer smoking colorado weed. They're now taiki. They're now
consuming colorado mushrooms. The bill is going to make life
more unaffordable. Now that's linguistic acrobats of the highest order,
because it reduces inflationary pressures, because it actually does cut

(11:23):
deficit spending, and it actually encourages domestic production. It increases
disposable income by lowering taxes.

Speaker 3 (11:31):
This is growth, growth, growth.

Speaker 2 (11:33):
The notion that more money in your pocket somehow equates
to greater financial pain is an absurd assertion. I mean,
that's what you would read are here on CNN, that's
what you would hear the Marxists at the universities claim.
Then they claim that's going to hurt low income families. Well,

(11:55):
it expands opportunity zones to revitalize forgotten communities. It raises
the child tax credit to record levels. It creates those
newborn savings accounts, those Trump accounts, which I personally have
a problem with But it is if I'm trying to
focus on the good. As much as I dislike these
Trump savings accounts, I try to rationalize it by saying, well,

(12:20):
it's going to teach kids to save. It will give
them a chance to see how compound interest works. And
maybe this maybe I have no basis for this except
my own belief that those accounts might and again remember
I don't like them, those accounts might at least show
that what we ought to do is grandfather everybody in

(12:43):
that's either on Social Security or somewhere near social Security.
Pick a window. I don't care what it is. Pick
some window. You've got five years, so you get on
or ten years, and then cut it off and everybody
else guess what you get to privatize yours. Wouldn't that
be great? Actually start building generational wealth. H Then, of

(13:06):
course there's the claim that it's a handout to the
corporations because corporations are evil. Oh, that sounds like occupy
Wall Street. There are no Wall Street windfalls, there are
no Silicon Valley subsidies. There is some revitalization for small

(13:27):
business because it makes permanent the Trump era of small
business deductions. It averts a phil It averts a four
trillion dollar tax hike on Main Street, and it encourages
domestic manufacturing through the expensing of capital investments. That may
seem like a minor thing to you, but if you're

(13:49):
sitting there and you're trying to decide, Okay, do I
do I invest in this new machinery which will allow
me to increase the number of widgets I produce? What's
what's the deciding factor? Well, it could be that the
twenty five thousand dollars cost of that machinery, you can

(14:12):
actually write that off as a tax deduction in the
year that you that you do it full expensing of
capital investments, and there's no bowing to the green fantasies.
There is in the bill. Let me see if I

(14:33):
can find real quickly there was, uh, never mind, I'll
see if I can. Finally, there was something about the
Green New Deal that the House put in that it
does eliminate the subsidies, but it and I don't want

(14:56):
to use the word the phrase phases them phases them in,
but it does establish like a cutoff date you have
to be so far along in your production.

Speaker 3 (15:09):
Somewhere.

Speaker 2 (15:10):
I've got the details in one of my tabs. I'm
not gonna take time to look at it. You have
to be so far along in your production of your
whatever it is you're getting the subsidy for, and it
has to actually be utilized. In other words, like if
it's if it's a green new energy deal, whether it's

(15:30):
for wind or solar, you actually have to be connected
to the grid by a certain time I think this year,
or the subsidies are completely gone, which I think is
fantastic because getting getting rid of all those green subsidies,
even though that may hurt Elon Musk or anybody else,

(15:51):
or any any of the car auto manufacturers, I don't
care because they're not selling those cars anyway, and must
seems to be able to sell the cars without the subsidies.
So getting rid of them I considered to be a
huge win. And at some point the Congressional Budget Office

(16:13):
and GAO is going to have to take into account
that those subsidies are no longer expenditures. We won't be
spending that money. Now there's another problem with that. Trump's
going to have to rescind those and that's going to
take some congressional action.

Speaker 3 (16:33):
And that's why we got.

Speaker 2 (16:34):
To act fast because hope it's almost time to start
talking about the mid term. And then they argue that
leaves the American worker behind. That's bull crap.

Speaker 3 (16:45):
I'll explain one.

Speaker 6 (16:46):
See that Republicans missed a wonderful opportunity if he insisted
on it being read by the clerks, they should have
insisted he sat there for the entire reading, all the
way through, not just the Democrats but Schumer himself.

Speaker 2 (17:06):
Yes, that would have been That would have been wonderful.
No potty breaks for you, dragon. Sixty seven twenty eight
is calling you out, definitely showing off your D level skills.
The saying is, don't let perfect be the enemy of good.
What'd you say?

Speaker 3 (17:21):
I didn't. That's pretty much what I said.

Speaker 2 (17:23):
Okay, not that I really listened to what you say,
but true, I thought it was something along those lines.

Speaker 3 (17:31):
Let's see.

Speaker 2 (17:33):
Another claim is that the bill's going to kick families
off Medicaid. That's false and malicious. No eligible US citizen
loses coverage now. It strengthens medicaid because it requires work
for the able bodied, and it ends coverage for those
illegal aliens and rooting out fraud.

Speaker 3 (17:55):
Who's against that.

Speaker 2 (17:59):
Medicaid show us you're working, Show us you're trying to
get a job, Show us you're doing something. We're giving
you something for nothing, so show us in return that
you're willing to have a little skin in the game.
And oh, by the way, if you're here illegally in
the country, sucks to be you. But guess what. We

(18:21):
don't provide you healthcare. We might provide don't get me wrong,
just as we would anybody else that you know, even
a tourist. If you get in a car wreck and
you show up in an emergency room, we're going to
take care of you, but we're not going to put
you on a Medicaid plan that's going to provide you
preventive care and everything else. No, we'll provide you, you know,

(18:44):
services for an emergency and then we're going to bill
you for those services. And if you can't pay, you know,
maybe maybe this might just be an incentive for you
to either leave the country or not come here in
the first place. And whether they can accomplished this. See
this is why I emphasized that I don't think this

(19:04):
bill is perfect. A lot of things I don't like
about the bill. There's a lot of things I do
like about the bill and they want to root out fraud.
I'm all for rooting out fraud.

Speaker 3 (19:15):
I think.

Speaker 2 (19:17):
I know it seemed like a long long time ago
in a galaxy far far away, but I think we
actually did something. It was like a Dodge or a
Dodge dart or something, and we were going to doge
and find efficiencies and waste fraud and abuse. And then

(19:38):
they started finding waste fraud and abuse, and everybody got
pissed off about it. And so the guy that was
running it, some billionaire. Oh maybe that was a problem
because he was a billionaire and oh he had as Bergers,
so he's kind of crazy. So and then he and
his boyfriend, the Donald got in a spat and so
they split up, and now he's gone. Oh so I'm

(19:59):
all for rooting out fraud. I just don't hold my
breath about it. But if they can in the past
decade alone, five hundred billion dollars in Medicaid improper payments,
if they can stop that, I'll be happy. Then they

(20:19):
weren't They warn us about Medicare, Democrats claiming that we're
going to cut Medicare. Not one single dollar Medicare benefits
is touched now part of me says, well, that's too bad.
Probably should, but that's meant to scare seniors. That's nothing
more than a political scare tactic. And then, as if

(20:42):
to reinforce their detachment from reality, they claim that real
hospitals are going to close. Well, the reality of that
is when the states have to start coughing up money
that oh, we've been giving them from the Feds. But say, oh,
if you wanted to expand Medicare, then you're going to start.

Speaker 3 (20:58):
Paying for that.

Speaker 2 (21:00):
Some hospitals may end up closing because well, they don't
have any money to operate and people are going elsewhere.
But in this bill, despite me thinking that might occur,
the BBB actually increases funding for reural health care infrastructure

(21:21):
and gives states new flexibility so they can redirect funds
where they think they're needed the most. But this bill
really threatens is the number of bureaucrats. Yes, and if
we can eliminate bureaucrats, I'm all for eliminating bureaucrats. You know,
it's always funny that you know, we're well back, we're

(21:45):
in a hurricane season, but Drudge had a headline I
don't know if it's still up to they or not,
but the National Weather Service or somebody, they're not able
to get the kind of forecast that they normally wanted
to get. So I checked the National Hurricanes Center down
in Miami, down in Miami Dade is still operating full blast.
So I'm not sure what they're complaining about. But the really,

(22:10):
the the real complaint was they may have to cut
back on some of the forecasters. Okay, I bet there's
some private sector places, because I know of I know
of many corporations that hire their own experts because of

(22:31):
shipping lanes to deal with hurricanes. So maybe there's something
we could privatize.

Speaker 5 (22:39):
Hm.

Speaker 2 (22:40):
I can't suggest that because people might think that I'm
trying to, I don't know, reak havoc around the world.
If hurricanes start happening, then the deficit. According to the
Democrats gospel in republican tax bill must raise the money

(23:00):
to pay for the taxes that you cut. But here
it reduces the deficit by an estimated two trillion dollars,
not through sleight of hand, but by actually eliminating waste
fraud and the growth choking regulations of the Biden years.

Speaker 3 (23:16):
Now.

Speaker 2 (23:17):
The CBO disagrees, but the CBO has been wrong before.
The CBO does not account for dynamic growth effects, which
when you look back during the Trump tax cuts, the
original tax cuts and tax reform, those dynamic growth effects
turned out to be real and robust. And then they

(23:38):
claim that the bill stuffed with pork. Well, that's interesting
because every provision is tied directly to a campaign promise
that Donald Trump made. Border security. That's the one area
of new spending. How they offset that new spending in

(24:00):
increased visa fees. Now there might be a reaction to
that action. So my visas to go to Russia or
to go to some other country that requate, know, Yemen,
because I'm thinking about taking the family to Yemen for
the summer, they hear they might increase my visa to
go to Yemen. I want to go down and see
the former Huthi locations. I don't think that's excess. I

(24:26):
think that's called accountability. Then, uh, national security, The BBB
funds the Golden Dome Missile Defense Initiative, at least makes
a down payment on it. It starts to modernize our
armed forces. You I read that we depleted a lot
of our missiles during the the Iran Israeli fight war,

(24:53):
so we got to rebuild those and it streamlines procurement
to ensure that the war fighters are ready. I've heard that,
just to put it on the table. I've heard that
storyline before about we're gonna we're going to redo the
contracting processes in the Pentagon.

Speaker 3 (25:12):
M M.

Speaker 2 (25:13):
I'm not really sure we've accomplished that yet. I mean,
of all people, good grief, they've wanted to do that
since I was in DC. They've wanted to do this
as long before I was in d C. And whether
they can do it now or not, I don't know,
but I hope that they can. Rumsfeld wanted to do it,

(25:35):
and if anybody could have done it probably would have
been Donald Rumsfeld. He got a little bit done, but
not as much as needed to be done. It does
not funder. It does not funder. It doesn't fund gender
studies in Pakistan, it doesn't fund the green energy boondoggles.
It funds missiles and manpower, and I'm all for missiles
and manpower and energy the green new scam. So I

(26:01):
found what I was talking about that in terms of
the green new scam, what this really does is that
it requires that certain things be it's actually twenty seven
and twenty eight. They have to be in production by
the end of twenty seven and they have to be
connected to the grid by twenty eight for any existing

(26:23):
subsidies to continue. But any new subsidies are cut, they're gone,
and we're going to unlock American energy. It restores, which
you make Dragon happy, the strategic petroleum reserves, and we're
cutting red tape. We're not cutting pipelines. And probably the
most revealing myth of the Democrats was that Republicans shut

(26:46):
them out of the process. That's the most Orwellian thing
that they can claim, because we didn't shut them out
of the process. The Democrats locked themselves out because they
refused to engage. They chose resistance over responsibility. They chose

(27:07):
not to participate. There were hearings, there were conferences, there
were discussions. The Democrats were always invited. Now where there's
some closed door meetings where they weren't invited, I'm sure
they were as Republicans worked out their own differences. But
when they came out with here's what we're gonna do,
here's what we propose, what do you have to say, No, No,

(27:28):
we're just oroposed to it. That's just that's all they got.
If if any you know, My theory is this that
if if almost anybody else had been elected president and
was trying to do this, oh, there would still be
some obstruction, but there wouldn't be resistance. There wouldn't be

(27:49):
the pushback, there wouldn't be the absolute we're not gonna
do anything. We're gonna do everything we can to kill this.
They were gonna tried to have done something. Senate Democrats
are well aware that this is a fulfillment of Trump's
campaign promises. If the issues in or the topics, if

(28:13):
you will, in this bill were not tied to trump
campaign promises, they might actually be engaged in the process.
But because almost every item you can trace back to
something he said on the campaign that he said he
was going to do, which is why he's pushing for it,
I think the Democrats might actually be involved, but they're not.

(28:37):
And I say, yeah, okay, so.

Speaker 7 (28:39):
What red tomatoes, golden cheddar, the green of avocado, white
sour cream, blue cornshells, that's my rainbow. Tomorrow is straight
taco Tuesday.

Speaker 3 (28:57):
Taco Tuesday.

Speaker 2 (29:00):
I know you've heard by now the story about the
firefighters and Courtelaine, Idaho, who took active sniper fire for
almost two hours responding to a call reporting a fire
on Canfield Mountain. At least two firefighters are killed, once
critically injured out the status of them to now first
reported at one twenty one local time yesterday. There was

(29:24):
a point where the chief was literally asking for anyone
that had sniper capabilities to take out the shooter. That's
how desperate they were and how pinned down they were
in this situation. It's it's unnerving to listen to some

(29:48):
of the.

Speaker 3 (29:50):
Chatter on the radio.

Speaker 8 (29:55):
Nies again, unfortunate us we get to or the two
E get out. I turn down behind Battalion one's rig.
It's clear to me that this fire was sententionally to
draw us in.

Speaker 5 (30:09):
I got to.

Speaker 3 (30:12):
Where they would land.

Speaker 2 (30:13):
I think they need to be.

Speaker 8 (30:14):
Prepared to latch four ambulances.

Speaker 3 (30:25):
What kind of sixths? I mean.

Speaker 2 (30:27):
There's a real sickness in this country, a real sickness,
and I think I don't care if you criticize me
or not. I think it's been brought about by Democrats
and this Marxist philosophy that government is the god and
that the only thing bigger than the rest of us.
Is not some almighty being, is not you know, some afterlife,

(30:51):
something that we have a greater obligation to and including
to each each other. Our obligation is the government. And
I don't know anything about the shooter. I haven't read
anything about the shooter since I heard the story last night.
But I do know this. He's godless, and I do
know this. He's really sick. And I think that sickness

(31:13):
is a result of the fact that we have in
this nation kind of turned away from any sort of
and I'll just use the term religion, but I don't
mean religion in any sort of organized sense, but any
sort of spiritual awareness that, you know what, we're on
this little tiny ball, you know, spinning around the universe,

(31:37):
and there's something greater than us, and there's something beyond
this life.

Speaker 3 (31:43):
And when we.

Speaker 2 (31:44):
Allow Marxism, which the first thing, the first objective of
Marx and Lenen was to eliminate religion, was to eliminate
any belief in God. You depend upon the state, You
depend upon the government. Well, the government can never offer
you compassion. The government can never offer you that spiritual

(32:07):
depth that you need to get through what is a
tough life for everybody. I don't care how rich or
poor you are. I don't even care what your circumstances are.
For everybody, life is tough, and so when you have
no spiritual basis, he ended up like this guy, killing

(32:27):
innocent firefighters.

Speaker 3 (32:28):
You lure them into You lure

Speaker 2 (32:31):
Them by having them come and do what they are
trained to do and want to do, put out fires
and save life.