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June 25, 2025 4 mins
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Speaker 1 (00:00):
Trump's one big, beautiful bill, which includes the largest tax
cut in history, higher wages and take home pay, unprecedented
spending cuts, border security, protecting medicaid, and depending on who
you talk to, modernizing air traffic control. That's a big
one and a lot more in there. And I want

(00:21):
to see if we can flesh out what's actually happening,
what's likely to survive, and will what will they pass?
It sounds like many of them, and the US Senate
and the controlling party of the Republican Party are determined
to say, yes, we're going to pass something. And John

(00:43):
Thune says, you're not going anywhere for the fourth of
July until we get this done. And we're joined for
a few minutes here by Fox News Radios Ryan Schmels.

Speaker 2 (00:50):
Ryan, good morning, Hey, good morning, How are you good?

Speaker 1 (00:53):
Thanks for coming on. What do you think is the
likelihood of this passing in any kind of recognizable form
what the president wants?

Speaker 2 (01:02):
Well, I think the President is going to get a
lot of what he wants in the no matter what
I mean, he wants the bare minimum. They're getting the
twenty seventeen Trump tax cuts extended. That's been the big
goal of this was to avoid the Trump tax cuts
from expiring at the end of the year. But right
now they're going through what's called the Bird Rule, and
they are going in pretty much that it dictates that

(01:25):
only things can be put in here that are budgetary related.
So there's a number of different key piece of legislation
or key provisions in the bill that are being taken out.
And what that does to the deficit numbers remains to
be seen. And what that does to members who wanted
certain things in here and if that leans them one
way or another is also kind of a big question

(01:47):
we have with what this does. But I think the
big thing to kind of note is that, like you said,
the Senate is on very different terms from the House,
and you know, if they can have both sides in
agreement by the fourth of July, that's going to be
something that's pretty hard to pull off. But you know,

(02:07):
Speaker Johnson has defied the odds before. But we'll see
if it happens again.

Speaker 1 (02:11):
Well, what if the Senate says amen to something, they
don't ask to go back to the House, right and
they got to do the conference?

Speaker 2 (02:17):
Yeah, exactly exactly. So So I think you know, the
conversations are ongoing. Whether or not they're at a place
where where they can all be in agreement and they
get some that passes both chambers. You know, it's very
hard for them to pull that off just because of
how just you know, extensive this is and how many
disagreements there are, you know, but I think it certainly

(02:40):
is still possible, but it just doesn't seem like they're
just yet. But at the same time, got Betson did
say that with the state and local tax deduction, which
has been one of the biggest points of disagreement here,
he thinks there will be a resolution within twenty four
to forty eight hours. He said that yesterday around two o'clock.

Speaker 1 (02:58):
Well, that'll be good. Wise Pete records might not be
walking in the Ralston Fourth of July Parade if he
keeps them.

Speaker 2 (03:04):
Yeah, exactly. It's fame with Don Bacon and some others too,
So I mean, yeah, if they're not able to get
this done, you know, Fourth of July is uh going
to be off it. And I think somebody is pointing
out that, you know, the optics of not are pretty

(03:24):
much not letting lawmakers go home for Fourth of July
is very bad Yeah, usually for a speaker. But at
the same time, you know, maybe that could he could
use Speaker Johnson can use that in his favor because
if you know, UH members want to go home, and
you say, hey, vote yes and you can go to
fourth of July.

Speaker 1 (03:43):
Yeah, although that's kind of a bad reason. I want
to go home and have a hot dog and a beer.
It is not a good reason to vote for something.

Speaker 2 (03:52):
It's not. But but you can't you can't deny that
it's been used in the past. You know what everyone says,
the smell of jet fumes sometimes you get people to
come new agreement on Capitol Hill.

Speaker 1 (04:01):
Amen. Ryan, Thanks, Ryan Smells, Fox News Radio
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