GOP In-Fighting Dooms Big Beautiful Bill

Episode Transcript

Speaker 1 (00:00):
Memorial Day is the unofficial start of summer, but the
next couple of months will be no picnic or day
at the beach for either American taxpayers or the people
we put in charge of the money. The US Congress.
The big fight has begun, a Republican against Republican, brother
against brother. Here we thought the Civil War ended in

(00:21):
eighteen sixty five. Between the House of Representatives and the
US Senate. Their chambers may be only a few yards apart,
but as of today they couldn't see each other with
a pair of binoculars. Better put, they are about one
point five trillion dollars apart. On President Trump's Due or Die,
Big Beautiful Bill, what is the latest? The House passes

(00:44):
it with everything in it, from tax cuts to hauling
illegals out by their ears, to high tech lasers that
can shoot down missiles in case anybody from Beijing to
Moscow chooses to fire one at us. But it spends
about two trillion more then we take in, which would
be fine, except most every Republican in their last election

(01:06):
sat down at the local VFW on Spaghetti night, played
the Worlitzer and promised to cut spending and taxes and
that build a wall. Leave the details to the math whizzes.
But trust me, we're going to do this, especially if
you vote for Trump and any other Republican on the ballot,
which we did. Trump got in with majorities in both

(01:27):
Houses of Congress. Easy pasy right, Happy days are here again.
Not so fast, my friend. Apparently a few of these
Republicans have developed amnesia. Took the House, with its slim majority,
four months to get an eleven hundred page bill that
does everything but save money. Yet it only passed with

(01:48):
one vote to spare. The Senate needs fifty one votes
to pass that bill today they ain't got them. At
least three, maybe six GOP Senators Paul and McConnell of Kentucky,
Holly of Missouri, Johnson of Wisconsin, Murkowski of Alaska, and
Collins of Maine are nose. If the Senate changes it

(02:09):
much to accommodate those folks, the House will not approve
of the changes, and the whole thing vaporizes with Donald
Trump's agenda and perhaps his presidency. So what's clogging up
the drain? Primarily seven things? Not enough cuts. The House
bill trims one point five trillion. The Senate wants two trillion,

(02:29):
which is how much more we are spending than taking in.
Johnson wants six trillion, Medicaid, entitlements, healthcare for the poor,
split with the states. GOP. Senators say, back off, you
start cutting Medicaid and the rural hospital and knob Noster, Missouri,
or the nursing home and Kinneybunkport, Maine closed down. They're

(02:50):
all for tackling waste, fraud, and abuse, but they think
we've hit that limit and they have no taste for
a Medicaid cope. In the House bill, they call that
a sick tax. Now, these guys aren't saying where the
cuts would be. They just assume. Senate Republicans want certain
tax cuts made permanent, business tax cuts made permanent. In
the House bill, they sunset after five years, passing the

(03:14):
cost of the Supplemental Nutrition Assistance Program to the states snap.
The House says over time the states must pick up
at least five percent of it, but Senators say that's
on the low end. Senators need those governors at election time.
The House bill all but eliminates Joe Biden's Green New
Deal that was concealed in his so called Inflation Reduction Act,

(03:36):
which did everything but that problem. Those grants which fund
building carbon free equipment are in motion. Stopping them now
will cause unemployment and irritate GOP donors who are also investors.
And the cap increase for deducting state and local taxes
from ten thousand a year to forty thousand. It only

(03:58):
affects ten percent of taxpayers, but a lot of them
live in high tax states that elect Republicans to the
House who campaigned on this. Well, nobody in the GOP
Senate wants to support high tax states by increasing the cap,
especially after we increase the person of deduction, which is
used by ninety percent of us at tax time. It

(04:18):
is a royal presidential mess and is happening because campaigns
today are run not on ideas but promises, most of
which cannot be kept.