May 30, 2023 - Bannon's War Room
48:49
Participants
| 
| Speaker | Time | Text |
|---|---|---|
| This is the primal scream of a dying regime. | ||
|
unidentified
|
Pray for our enemies, because we're going medieval on these people. | |
| I got a free shot at all these networks lying about the people. | ||
| The people have had a belly full of it. | ||
| I know you don't like hearing that. | ||
| I know you try to do everything in the world to stop that, but you're not going to stop it. | ||
| It's going to happen. | ||
| And where do people like that go to share the big lie? | ||
| MAGA Media. I wish in my soul, I wish that any of these people had a conscience. | ||
|
unidentified
|
Ask yourself, what is my task and what is my purpose? | |
| If that answer is to save my country, this country will be saved. | ||
| And Joe, on the debt ceiling, you said they'd get there, but how'd they finally do it? | ||
| They had no choice. | ||
| They got there. And, you know, we live in this world that's designed, this political world that's designed to promote discord, division, hatred, where our political opponents are actually our sworn enemy. | ||
| And I do know that there are far too many people who want to set aside democratic elections. | ||
| We saw it happen on January the 6th. | ||
| There is much to mourn about the direction that some have decided to take this country in. | ||
| But you look, Willie, and you see that you actually have in Joe Biden and here Kevin McCarthy, but you have a Democratic president and Republican Senate and now House. | ||
| That have worked together in pretty historic ways over the past year and a half, getting bipartisan legislation. | ||
| And let's look at Kevin McCarthy really quickly here. | ||
| This is Kevin McCarthy, who many said for quite some time, for good reason, were concerned that he was going to go sideways on supporting freedom fighters in Ukraine. | ||
| We heard him shut down that Russian reporter, said get out of their country, stop killing their children, stop committing war crimes. | ||
| You know, the nation's economy was on the line. | ||
| And, you know, he behaved responsibly. | ||
| Biden behaved responsibly. | ||
| They were grownups. | ||
| And so, again, we should worry about things that we should worry about. | ||
| But there are days we should wait. | ||
| I just want to make sure we had it on the record. | ||
| It's Tuesday, 30 May in the year of our Lord, 2023. | ||
| You're in the war room. Needless to say, we have to man the ramparts today because it's going to be a big fight for the next 48 to 72 hours. | ||
| Honored to have Congressman Dan Bishop join us, the first of many. | ||
| We're going to roll out some of the big guns in this. | ||
| You heard right there about the adults in the room. | ||
| I mean, if this bill... | ||
| Was at any way looking to save our economy and to particularly save not just future generations, but to make sure we're not Japan in lost decades of low and no growth. | ||
| They would be on fire today about what barbarians we are. | ||
| All you're hearing from the mainstream media is Kevin McCarthy is an adult. | ||
| Kevin McCarthy is a leader. | ||
| Kevin McCarthy is responsible. | ||
| What does that signal to you, Congressman? | ||
|
unidentified
|
Barely concealed glee. | |
| Even Biden said it on the clip yesterday. | ||
| He didn't want to gloat because people wouldn't vote for it. | ||
| I think that was the word that I'd read in the headline he used, gloat. | ||
| This is a disaster. | ||
| It is an entire capitulation of the dynamic created in January that Republicans could be unified around a core set of real ideas that we were going to go to the map to accomplish. | ||
| Kevin McCarthy is emasculating himself and the Republican majority. | ||
| And so the bill's bad on its own terms, and that's worth knowing. | ||
| Yes, we'll go through that in a second. | ||
|
unidentified
|
But the significance is that it is blowing up. | |
| It is reverting to norm in terms of the way Washington works and abandoning the possibility of something with a different dynamic through this Congress. | ||
| You've got Newt Gingrich. | ||
| You've got people out there. This is transformational. | ||
| I mean, here's what I think gets this audience most upset. | ||
| This is a big working class audience, middle class audience. | ||
| We have a lot of people like my grandfather and father that just went to high school or maybe even grade school but are plenty smart. | ||
| We got them reading The FT and The Economist. | ||
| They hate being talked down to and they hate being talked to like they're idiots. | ||
| This bill is so brazen. | ||
| Particularly, we weren't happy with the first thing that was passed, right? | ||
| But we've said we'll take it, principally because we get something, but particularly it's just one year, and it's capped. | ||
| It's $1.5 trillion. | ||
| It's one year, and we can then have the bigger debate later as people see how they mismanage this, correct? | ||
| Walk us through your sense of this bill itself, the reality of it, not the happy talk that they're spending nonstop. | ||
|
unidentified
|
And it's important to say at the beginning, you know, I would think that the least The present virtue in Washington is courage. | |
| But I think that's eclipsed by truth. | ||
| That is to say, this stuff that's being said about this... | ||
| You're saying it's rarer to have truth even than courage. | ||
|
unidentified
|
Yeah. So to have this done but then lie about it in every detail... | |
| Is, of course, I started to say unbecoming. | ||
| That's so under, I can't find the right word. | ||
| But it is, and can I say one other thing about your audience and about it? | ||
| I am always, that's one thing, is I sort of spend time up here and get in all the wrinkles. | ||
| I'll go and I'll meet some person back home. | ||
| Actually, it's not just one person, but I mean, it happens. | ||
| You get this impression person by person, and they've got amazing command of the details. | ||
| They know it all. And you do realize after a while, it's only going to take me two minutes, I think, to describe it. | ||
| And so if someone's interested enough to watch for two minutes or listen, in fact, they're going to know what I'm going to tell them. | ||
| I guarantee you most of your audience has already heard these things, and they've already gotten it because it's been out on Twitter for a couple days. | ||
| We've gotten the text. Yeah. | ||
| The biggest thing is, whereas, as you said, we extended out the debt ceiling a year, put it in the middle of the presidential election so that we would get our bill. | ||
| And capped it. 1.5 trillion. | ||
| Correct. Or next May, whatever comes first. | ||
|
unidentified
|
So they go two years, and they have no limit on it. | |
| No cap. People think, they're sort of thinking, well, it'll probably be four trillion. | ||
| Could be much more. Could be more. | ||
|
unidentified
|
Much more. They got these... Inflation Reduction Act tax credits for Green New Deal energy stuff that Goldman said, no, the estimate of $279 billion, the cost of that is wrong. | |
| It's going to be more than $1.2 trillion. | ||
| All that's going to be rolling. | ||
| The permitting improvements, which is the only thing that you could argue is a get, will actually be available to make all of that happen faster. | ||
| Now, that's as good as it gets. | ||
| Kevin comes out and says, well, we've nixed The IRS agent expansion for fiscal year 23. | ||
| That's just not true. | ||
|
unidentified
|
It's not just a misleading. | |
| That's false. | ||
| It's factually false. | ||
| The bill takes 1. | ||
| He said $1.9 billion. | ||
| That's wrong. It's $1.4 billion off of the... | ||
| $80 billion. $80 billion appropriation has a 10-year life that they gave the IRS in a lump, the Democrats did. | ||
| So he took $1.4 billion off, leaving $78.2 billion. | ||
| Did I say $80? Yeah, $78.6 billion available. | ||
| And it's not like the language in the bill doesn't do anything to hold them off staffing. | ||
| It just takes $1.4 billion off. | ||
| They can mass up immediately and spend all they want to. | ||
| So he does that and then tries to tell the conference and the American public that we've nixed the increase, at least for one year. | ||
| We can fight again next year, he said. | ||
| Well, that's false. Let's see, what's next? | ||
| The other thing they're really proud of is what they call PAYGO. The PAYGO administrative rule. | ||
| A total lie. When you read the footnote. | ||
| Tell people what it is, how important. | ||
|
unidentified
|
The analogy it moves from is in our bill, we wanted to get the RAINS Act. | |
| That's the thing that says Congress would have to approve all major regulations. | ||
| And a lot of people say, well, that's a shiny object. | ||
| It's got merit. | ||
| Interesting. It could fundamentally change how regulatory burdens are borne by the economy. | ||
| The administrative state. Right. But instead they say, well, this is a handy substitute. | ||
| PAYGO In the administration, they had a rule in the Trump administration, and it was enforced by the OMB that said the agency wants to bring out additional costs in the form of a regulation, they've got to take it back in some other cancellation of a rule. | ||
| Well, the language of this provision says it can be waived by the Biden administration for program effectiveness and things, which isn't anything. | ||
| And it actually goes beyond that and says, and no such determination can be challenged in court. | ||
| Yes. It's a ball-faced lie. | ||
|
unidentified
|
I mean, that's... | |
| You could say theoretically. | ||
| Look, leadership is going around and pointing out rules that have come out in the last couple of years and a trillion or whatever the cost has been incurred that way that they say this is all going to be changed. | ||
| It's a huge change. | ||
| It's a lie. Also, what about the caps years after? | ||
| It's a two-year deal. But they say, oh, no, you've got to include the 1 % budget caps because CBO included it as one of their theoretical caps. | ||
| No, it's a two-year deal. | ||
|
unidentified
|
CBO scored this a $2.1 trillion reduction in the baseline over six years because there are two years of caps. | |
| Let me come back to that in a minute. | ||
| And four years of targets. | ||
| Yes. Well, the caps are of the kind that were put in in 2011 and that were breached in every single fiscal year except the first. | ||
| Yes. Over 2013 to 2021, those kinds of caps are in for two years. | ||
| So think about whether you think that'll play out. | ||
| And then the other ones for four years are targets that don't even have the force of the caps. | ||
| And then they go get that scored by CBO, and the process is so screwed up here that CBO says, oh, that's going to save $2.1 trillion. | ||
| Yeah, that's what they're saying, $2.1 trillion. | ||
| So they lie. And that's the... | ||
| Look, that's to me, as an observer, I've only been up here since 2019. | ||
| So what you guys did, what Donald Trump's emergence and everything. | ||
| But to me, that's what Donald Trump is about, is people are fed up with the lies and the cosmetics. | ||
| Yes. And they've been seeing that we're going to repeal Obamacare however many times in the House votes, and then when the time comes, you won't do it. | ||
| That's what this is about. | ||
| We tried to re-inject, in terms of the speaker's contest, a dynamic where we said, okay, the House can get together. | ||
| We'll hold Kevin McCarthy to account. | ||
| I know when I say that, boy, I'm not unaware that your listeners are saying, boy, he sounds naive just in that statement. | ||
| But you've got to take the situation as you find it and figure out what the dynamic approach is to make something better. | ||
| So you take Kevin McCarthy, you wet him to specific situations. | ||
| Very precise obligations. | ||
| And he wants to be speaker more than he wants life itself. | ||
| He will find a way to get the thing done. | ||
| And rhetorically, he did a pretty good job over two or three, you know, three, four months. | ||
| And we put this, actually put a Freedom Caucus bill on the floor and passed it with 218 votes. | ||
| They said we couldn't do that. And then he went in and just completely gave it all. | ||
| After selling, saying I'm taking a hard line here and then gave it away, the key is the two years. | ||
| This deal, as much as we hated the first, you know, the Freedom Caucus, and you guys realize you wanted much deeper cuts and more meaningful cuts to basically save the country's economy. | ||
| But people were prepared to live with it as a compromise, but not one step back. | ||
| And the key was it's $1.5 trillion. | ||
| We're giving you debt relief, $1.5 trillion. | ||
| And or one year from today, whatever comes first. | ||
| And that would probably be back here in October or November, having another argument saying, we gave you the debt ceiling leave, you saw what happened, you're going to blow through it. | ||
| Now, the first thing they gave away, and this is the old Washington inside game, was the two years, take the cap off. | ||
| Because they know if you have a cap on this thing, we're going to be back here. | ||
| And then take it, make it two years, kick it right after the election, take it. | ||
| We won't have a national conversation during the 2024. | ||
| And quite frankly, it takes Trump's, I think, biggest weapon. | ||
| CNN said this morning it takes his biggest weapon out of there. | ||
| One other thing. Even the cuts they talk about are ephemeral. | ||
|
unidentified
|
Yeah, so that's right. | |
| Give me a minute on that before we go to break. | ||
|
unidentified
|
That's ephemeral. McCarthy likes to say it was the first time we've cut spending. | |
| Might cut $12 billion. | ||
| Somebody said at the outside you could see it could be $20 billion. | ||
| It is laughable. | ||
| It's laughable. But even that is probably not correct because there's some pre... | ||
| You're saying even the $12 to $20 billion, which is the only hard number we can come up with, you're saying that may not be correct. | ||
| Correct. Tell me why you got there. | ||
|
unidentified
|
Because you got these specific appropriations that go the other direction on the latest side for the PACT Act, for the soldier veterans. | |
| They say it's going to be spent anyway, so it probably doesn't make any difference. | ||
| And then there's... $22 billion of the COVID money that hadn't been spent, they don't actually rescind that and just keep it. | ||
| They set it aside in these two funds at Commerce. | ||
| It can be redeployed. And it can be redeployed. | ||
| And people also, we're getting to this in a minute, the one thing you hear a lot of these, a lot of quote-unquote conservatives trying to push, oh, we'll get another body of the appropriations process. | ||
| They're putting way too much pressure on appropriations. | ||
| It's not going to happen. | ||
| That's another, we got Congressman Bishop here. | ||
| We're going to take a short commercial break. | ||
| We're going to be back. | ||
| Also today, the rules fight. | ||
| We have many people you would not think be coming forward today are hard-nosed. | ||
| Nancy Mesa, we can get her Twitter. | ||
| She had one of the best tweet streams out there, threads out there explaining this. | ||
| We're going to get to all of it. We've got Congressman Dan Bishop. | ||
| We're on Matt Rosendale. We've got Russ Vogt. | ||
| We're going to be into this deep. | ||
| I think we're going to get Wesley Hunt tonight. | ||
| We're going to be packed for the next two days. | ||
| Rules Committee this afternoon at 3 for Inside Baseball. | ||
| You're going to get it next here in the world. | ||
| We'll be back in a moment. | ||
| On the Senate side, Republicans Lindsey Graham and Mike Lee have vowed to impede the bill's passage over their own concerns. | ||
| And Texas Senator Ted Cruz called the legislation a, quote, blank check for Democrats. | ||
| However, the chair of the Main Street Republicans Caucus, Congressman Dusty Johnson of South Dakota, says he believes the bill will pass in the end. | ||
|
unidentified
|
Given the enormity of the economic projected calamity, you feel confident today that this will get to President Biden's desk? | |
| I am absolutely confident. | ||
| I've talked to dozens of members. | ||
| The strongest argument against this thing is that it isn't perfect. | ||
| I don't know, game. Welcome to humanity, right? | ||
| In any negotiation, nobody gets everything they want. | ||
| We cannot let perfect be the enemy of the good, and I guarantee you the majority of the House is going to agree. | ||
| Jonathan O'Meara, I've seen You've Got Mail so many times that when she's alive, Nora Ephron even made fun of me for watching it so much and always tearing up at the end when Tom Hanks comes around with the dog. | ||
| I mean, come on. I'm sorry. | ||
| You've got to tear up. They even did that on Total Asso. | ||
| I've seen this movie before. | ||
| This is the consequences of not happening. | ||
| Congressman, and by the way, it's all the fear. | ||
| It was so catastrophic. | ||
| They had to move it away from one June. | ||
| We told you it was a lie. | ||
| The sun is going to rise up on the 2nd of June. | ||
| We told you a lie. And they kicked it so Biden could have a free weekend under adult supervision up in Delaware. | ||
| Congressman, the Dusty Johnsons of the world, and by the way, the number is 202-225-3121. | ||
| That's the House. Make sure you're bombing in calls today. | ||
| This thing is still in the – there's no guarantees, and it looks like he's going to need 100 Democratic votes. | ||
| We'll get to that in a second, but the Dusty Johnsons of the world. | ||
| And quite frankly, even the Jim Jordan, Jim Jordan, we have a lot of fans of Jim Jordan here, comes out, well, it looks like it cuts spending, you know, this year is going to be better than last year. | ||
| How dumb, and I don't understand how people in South Dakota have a guy like Dusty Johnson that is literally Mr. | ||
| Establishment. How do these people think they can sell this to folks that get into the details? | ||
|
unidentified
|
That's a great question. I think they believe... | |
| And there's maybe some justification. | ||
| What we know, the people we're talking about I encounter out there that know, the people that are in your audience, they're a huge number. | ||
| But there probably aren't a majority. | ||
| And so maybe they think you can sell it to the majority. | ||
| Because the rest of the people are asleep? The rest of the people are just not? | ||
|
unidentified
|
And I don't blame them. | |
| Do you really blame them? I mean, because this is exhausting to... | ||
| But you're fighting. I blame them because we're fighting for our country. | ||
| Exactly. It is a full-time, and I know people, our activist audience, they've given up golf. | ||
| They've given up tennis. They've given up so much of their hobbies in their personal life to do this. | ||
|
unidentified
|
Because they see what's at stake. They see it as a stake. | |
| Is there any way that the US economy can... | ||
| By the way, this whole phony thing, you see she had $120 billion a couple of weeks ago. | ||
| They've mismanaged this on purpose to try to create a phony crisis. | ||
| That would make us respond to it. | ||
| There's plenty of cash coming in, I think, after the 15th or later part of the month. | ||
| We're talking about a bridge. We're talking about a bridge loan. | ||
| And no default. | ||
| No default on a security. | ||
| No default on an interest payment. | ||
| Nothing on Medicare. Nothing on Social Security. | ||
| You may have some government. | ||
| You may have Raytheon get a contract paid a week late. | ||
|
unidentified
|
That's right. That's exactly right. | |
| And that's what they get, you know, the panic. | ||
| In fact, Joe Scarborough is the one who used the word catastrophizing. | ||
| It's just the date on which there may be some insufficiency that would grow over time. | ||
| But as you say, you could do a bridge that you could say, I mean, Andy Biggs would say, well, actually pull back COVID money and something else. | ||
| Some of the money you just talked about right there. | ||
|
unidentified
|
Carry it out two weeks. | |
| Carry it out a month until we can get this. | ||
| We rescind the COVID very quickly overnight. | ||
| You get $20 or $40 billion. | ||
| You get plenty of... It's basically bridge money to get you to the middle of the month. | ||
|
unidentified
|
But if they say, hell no, you could give them a clean one for a month. | |
| I wouldn't want to do that. | ||
| Understand me. But you could... | ||
| Why would you... | ||
| Let her sell the $700 billion in government security she wants to. | ||
| She says, I'm waiting. I've got $700 billion of T-bills I can sell in a week. | ||
| You're saying even lifted. | ||
| Besides taking a terrible deal that locks the nation into a death spiral, which this will, you give them two weeks. | ||
|
unidentified
|
Yeah. Anything would be better than what we're doing. | |
| Can you repeat that? A clean debt ceiling for a trillion to five. | ||
| would be far better than what we're agreeing to because at least it would put the issue before the American people through the presidential election. | ||
| As it is, that's going to be taken away, and we get nothing. | ||
| If you could take the view that Kevin McCarthy tries to articulate and say, well, we're bending the curve down in spending, the bend is coming post-COVID. It doesn't even... | ||
| Look, even though, as you say, your people probably... | ||
| What your point is, the government's grown 40%. | ||
| We're locking it in! | ||
| You're locking it in permanently. | ||
|
unidentified
|
Right. That was the argument behind our bill, in addition to the $1.5 trillion coming up in the middle of the presidential election, is there was at least an argument, Russ Vogt can make it better than I do, about why it is the first step in a path. | |
| And this can never be... | ||
| The only way he says it is, well, it's the first time government's going to spend less. | ||
| First, no, that's not true. | ||
| It's not going to spend less, number one. | ||
| But number two, it is not the first step on any kind of a logically or rationally articulated path. | ||
| And back to sanity. | ||
| In fact, it legitimates The second big growth beyond the New Deal era in terms of permanence of massive spending. | ||
| Okay, 202-225-3121. | ||
| By the way, you have Corey Mills, you have Wesley Hunt. | ||
| We're going to get all these folks on the show coming at us hard no's. | ||
| Anna Polina Luna, hard no. | ||
| Nancy Mace put out one of the most detailed Twitter threads, and we ought to make sure we get that up, and Grace and Moe ought to be pushing that out to everybody. | ||
| People are going to say we're going to try to get her on the show. | ||
| You're having many people that you wouldn't think, people in the McCarthy camp, you wouldn't think would be coming forward. | ||
| They are because this thing is indefensible. | ||
| At noon, Congressman Bishop and the House Freedom Caucus are going to be doing a live press conference at the Capitol in the sticks outside, weather permitting. | ||
| I think it will hold off until then. | ||
| We are going to stream that. | ||
| Grace and Mo are going to stream that on Getter, on War Room and my personal Getter live. | ||
| So we'll have a huge audience for that. | ||
| What's going to happen at that press conference? | ||
|
unidentified
|
Look, I think we're hoping to expand the Americans that are aware of this. | |
| You know, my hope, well, I wouldn't say it's hope because that indicates there's some basis for it. | ||
| I think the only possibility that I see right now to turn this thing around Is sort of going viral of these members that you talked about that maybe unexpectedly are saying, hell no, and explaining what this thing actually does. | ||
| And the fact that it's going to be a defining vote for every Republican. | ||
| You'll live with this for the rest of your career if you do this. | ||
| Of this Congress, this will be the defining vote and one that will resonate down for years because you're kicking this down to 2025. | ||
| What President Trump and the team have got to realize is that not only are they taking the biggest weapon, he will have the single biggest weapon, a national conversation on debt, on the debt ceiling, on spending, on how bad Biden's economy is. | ||
| As importantly... | ||
| When he takes office in January 2020, the economy, you're going to have $36 or $37 trillion in debt. | ||
| You're going to have interest payments over a trillion dollars. | ||
| You're going to be handcuffed. | ||
| You're going to have 1 % growth. | ||
| You're going to be absolutely handcuffed on your ability to do it. | ||
| You're not going to be able to cut taxes because they're going to drive deficit more. | ||
| Interest rates are going to go sky high. | ||
| It is... The Republicans that vote for this have to understand they are permanently putting in place the massive expansion that took place because of the CCP virus, and you're setting the nation on a path to a death spiral financially and economically. | ||
|
unidentified
|
And it gets worse. Because you are surrendering the dynamic that you would say we created in January with the speaker's contest and because people are kind of on the other side going, we don't know what this Republican majority in the House will do. | |
| That unpredictability is almost Trump-esque in a way that might actually cause something new to happen. | ||
| And so, as I said… Because now they're reverting to norm, which is the establishment. | ||
|
unidentified
|
Which is the establishment. | |
| The university controls everything, and here you've got to vote for this, or you're going to lose the majority, and everybody knows even as you vote for it, you're going to lose the majority anyway. | ||
| We're going to ask you to stay through the next segment, but hang on a second. | ||
| Two things happen today. First, they've got war room. | ||
| Everybody's going to be calling, and given your what for of tell people what you think about this, the truth of what this is, and don't let them spin you, the House Freedom Caucus press conference at noon at the Capitol. | ||
| We'll stream it live on Getter. | ||
| Then you've got at 3 o'clock, The rules meeting. | ||
| Now, one of the things we fought for so hard because everybody say you take the policy. | ||
| I'll take the rules of procedure. | ||
| I'll win every time. The first time in history, we got three hardcore conservatives, libertarians on the rules committee. | ||
| Tell us what you're what is your remember? | ||
| How do you remember that deal? | ||
| Right. Because aren't they trying to rewrite the deal right now? | ||
|
unidentified
|
Well, there's a fine point there about how many Republicans have to vote for something for it to go to the floor, whether it's unanimous or whether it's seven of the nine. | |
| The deal actually is, it had to be unanimous, but that doesn't mean it's... | ||
| Chip Roy remembers that, right? | ||
| That's right. Chip Roy led the negotiation. | ||
|
unidentified
|
And I was there the whole time. | |
| I remember the conversation. You were in the negotiation, too. | ||
| Yep, yep, because it was essentially seeded. | ||
| I mean, that was offered by the... | ||
| No, we always... | ||
| Republicans have to be unanimous. | ||
| Oh, well, that actually would make sense. | ||
| But in terms of the memoranda that exists, I think it got noted both ways. | ||
| There's a confusion in there, but everybody knows what it is. | ||
| It doesn't really matter what's on that paper. | ||
| Because this is power policy. | ||
|
unidentified
|
That's right. That's right. Because they'll do if they want to. | |
| But the real trouble there is Chip Roy and Ralph Norman, the Freedom Caucus designees that got put there are ready to resist the rule. | ||
| Thomas Massey has a different view. | ||
| Do we know which way his vote is right now? | ||
|
unidentified
|
I think he's a yes. | |
| You think he's a yes? Yeah, for the bill. | ||
| What do you think? He's pretty idiosyncratic. | ||
| We're going to go to break here. What does it take to get Brother Massey to change his mind? | ||
|
unidentified
|
He's a hard guy to get to change his mind. | |
| He's a hard guy. We've got to work on that. | ||
| Can the bill be changed? | ||
| Can the bill be changed if not thwarted? | ||
| Can it be changed in rules? | ||
|
unidentified
|
Could theoretically be. | |
| We could put amendments on the floor that make it very hard for Republicans to vote. | ||
| You know, where all that goes exactly is not, I'm not clear. | ||
| I'd love to see an instant like the Gang of Eight immigration bill where the American people said, don't do this. | ||
| Okay, that's where we've got to get a tidal wave at. | ||
| Tsunami. Short commercial break. | ||
| Congressman Dan Bishop from North Carolina. | ||
| The Tar Heel State joins us after a short break. | ||
| Dave Brat, Barris, Russ Vogt, all next. | ||
| Okay, welcome back. | ||
| I'm going to bring in Dave Bratt in a second. | ||
| Look, this is all about the economy, the direction of this country, and I'm telling you, we're not only locking in the biggest government expansion since FDR and bigger than the Great Society, as big as FDR in the 1930s permanently. | ||
| This is going to lead to a death spiral. | ||
| We're going to have two decades like Japan had in the 90s, and Japan hasn't gotten out of it. | ||
| 1 % growth, always coming back for more stimulus. | ||
| Everybody under 40, everybody under 40 years old, I don't care if you're a progressive Democrat, if you allow people to vote for this bill, you're done financially. | ||
| There'll be a couple of superstars that break out. | ||
| But overall, the population, you think you've got a tough time buying a house now? | ||
| You think you've got a tough time serving as a mortgage now? | ||
| You think you've got a tough time servicing $19 trillion of consumer debt? | ||
| You ain't seen nothing yet. | ||
| I'm going to get Brett in here in a second. | ||
| Make sure you go to birchgold.com. | ||
| The end of the dollar empire, the free series that we have, the last is the debt trap. | ||
| Make sure you get it because you're in the thick of things now in this fight. | ||
| Remember, this fight is going to go on. | ||
| This fight is going to continue because we're not going to let them steal our country. | ||
| Let's bring it in. You'll find out now. | ||
| By this bill, do you understand why the BRICS, why the countries in the South that control all the resources, Brazil, Russia, India, China, South Africa, all the sub-Saharan African countries, Latin America, why are their central banks buying gold at all-time records? | ||
| Just go to Birch Gold and check it out. | ||
| Talk to Philip Patrick and the team. | ||
| You'll understand why they're buying it at all-time records. | ||
| It makes total sense. | ||
| That's why they're doing it and back up their resources. | ||
| Dave Brat, economically, Professor Brat, walk me through the economics of this bill, not the politics. | ||
| I want to know, what would this bill condemn the American people to, sir? | ||
| Yeah, well, like Dan just got done saying, back in 2019 or prior, we had about a $5 trillion economy. | ||
| Then with COVID, we locked into $7.5 trillion, $7.5 trillion, and 22, we had $6.5 trillion. | ||
| So this budget is locking in a permanent crisis economy, a permanent COVID economy. | ||
| And of course, that $4 trillion is going to be debt financed by the Federal Reserve Bank, who accommodates everything that Congress does. | ||
| And so we just locked in another fake bull market for a while. | ||
| We're not going to see the real carcass, the real economy we always talk about, Is going to be absent because we just juiced the economy by an additional $4 trillion over two years. | ||
| And that's just what we see so far. | ||
| Hang on. Hang on. | ||
| Hang on. I want to make sure people got the nomenclature right. | ||
| The economy is 18 to 20, so it's not the economy. | ||
| What you're locking in is federal spending at levels unheard of. | ||
| And you can't sell enough bonds to the Chinese, the Japanese, and the insurance companies. | ||
| They refuse to raise—you can't raise—there's not enough taxes you can raise. | ||
| But, hey, I'm all for it. | ||
| If you want to raise it on the top 1 percent because they're all progressive Democrats, baby, let's go for it. | ||
| McCarthy has signed that and dare Schumer to pass it and dare buy it, and they won't do it in a second. | ||
| It's all their guys. | ||
| Exactly. Okay? But that's not going to happen. | ||
| So economic growth with the tax rates you have, and at 1.1%, which is where we are now, 1.5%, you're going to have a gap. | ||
| And what you're saying is since COVID, these massive gaps you have, and now we see it's $3.50, it'll be $2.50. | ||
| Since there's no cap on this for the two years, this could be four. | ||
| The word out is four. | ||
| I've actually been saying it's five. | ||
| It may be six trillion or more. | ||
| It is what it is because there's no cap to this. | ||
| You've basically given them a credit card that's a free credit card with literally no cuts. | ||
| The max real cut we've got is $12 billion to $20 billion, maybe. | ||
|
unidentified
|
Maybe. Trillions, not your audience, but a lot of people are in danger of not knowing what a trillion is, right? | |
| That's when somebody said, don't ever talk about a trillion unless you mention to people that it's $8,000 for every man, woman, and child in the United States. | ||
| So if you take the $31,400 that we've already got in debt, that's $250,000 for every person. | ||
| And then you add another $4,000, that's another $32,000. | ||
| $1,000 to each person. | ||
| And you say, okay, well, that's an interesting measure, but I'm not responsible for this. | ||
| I'm not an obligator. Certainly the kids aren't going to pay that. | ||
| No. It is going to affect your life, as you summarized the effect. | ||
| Slow growth economy. Slow growth economy and the interest payments. | ||
| Remember, the interest payments in this deal... | ||
| So you're going to have a defense budget at a trillion. | ||
| You've got Medicare at a trillion. | ||
| You've got Social Security over a trillion. | ||
| You're going to have Medicaid at a trillion. | ||
| You're going to have interest payments for the trillion. | ||
| They're going to have to keep increasing the debt ceiling for the simple reason all discretionary is going to go to zero. | ||
|
unidentified
|
And all of us old guys aren't going to pay off our 282. | |
| So it means the kids actually are the ones. | ||
| Under 40. If you're under 40, if you back this bill, you're signing your economic financial death warrant. | ||
| Brad, is there any way, if this thing gets passed, is there any way out of this, given the fact that the next two years are going to add $4 to $5 trillion onto the balance sheet of the country and the Federal Reserve is just going to print money to pay for it, sir? No, no way out. | ||
| In addition to the debt, we're going to have less productivity because all the money goes to the government, which crowds out the private sector. | ||
| This really juices up inflation. | ||
| No one's mentioned that yet. | ||
| That keeps going. And a bigger government sector. | ||
| I'll just put up one chart because I think you're going to want to use this from Zero Hedge. | ||
| If Denver has that first chart, if you just look at the top chart, The light blue line is just the CBO baseline. | ||
| The black dotted line is the White House executive budget. | ||
| The dark red line is the budget that was just passed. | ||
| It is the White House budget. | ||
| It cuts $50 billion out of $50 trillion in debt over the 10-year window. | ||
| That's $1,000. | ||
| $1,000 of what you need to do, right? | ||
| Picture you're in a weight room with 1,000 pounds. | ||
| You just picked up a one-pound barbell, dumbbell, emphasis on dumbbells. | ||
| Hang on, because I'm going to lose Congressman Bishop. | ||
| I'm going to keep you. That is, when you see people on Fox and these other places trying to sell this, that shows you what an idiot they think you are. | ||
| I want you to be mad in this audience, if nothing more than they think you're morons that they can shovel this to. | ||
|
unidentified
|
Same people attacked us in January. | |
| Fox News up and down. | ||
| Newt Gingrich, God bless him. | ||
| I mean, he just spews the talking points that leadership sends over. | ||
| God bless him because he's a smart guy. | ||
| But that's okay. | ||
| I'm convinced the American people know. | ||
| People know. And knowledge is a powerful thing. | ||
| And so I believe there's a path. | ||
| We've just got to discover it and get creative enough to keep moving forward. | ||
| The first path. It's as many no votes as possible. | ||
| By the way, we now know from Punchbowl, from Jake Sherman's telling us the voting is going to start late in the afternoon and it will go all the way through, it looks like 8.30 or midnight. | ||
| It'll probably be a long one. Intense. | ||
|
unidentified
|
Make them pass it with Democrat votes. | |
| Make them do that. | ||
| You might say, well, that sounds kind of like it doesn't really help. | ||
| No. Every Republican you can pull off of that gives Life to the promise or the possibility that we can reinstitute somehow the dynamic we started with. | ||
| If we take McCarthy out, whatever the path is. | ||
| But those Republicans have to avoid being destroyed themselves by voting for this. | ||
| If they do, they're gone. And if we leave a majority of Republicans in support of this, They're going to be laughing all the way to... | ||
| Your position is that even people that you admire and like, that are conservatives, if they vote for this, that's crossing a red line and they should be primary. | ||
|
unidentified
|
They shouldn't be in this city. I 100 % believe that. | |
| Tell me about that. Honestly, that's been a dynamic that I haven't understood in the five, four years I've been here, four and a half years. | ||
| These people who come from deep red districts, they vote like crap year in and year out. | ||
| And nobody ever does anything to them. | ||
| In my own state, it happens. | ||
| In fact, I'm the lunatic, I guess, except everybody, I don't know. | ||
| So let me debate you. | ||
| And they'll never go head-to-head with you in a fair forum. | ||
| Because they know that there's nothing to it. | ||
| It doesn't make any damn sense. | ||
| I'm so fed up with that. | ||
| But still, you got to get past being fed up. | ||
| You got to get past the defeats. | ||
| The people in North Carolina Central because it's not just a swing state. | ||
| It's a state that they're putting a ton of money in to turn blue, in to turn radical. | ||
| But the folks in North Carolina are kind of that common sense, nice people, but common sense, but they understand when they're being sold a bill of goods. | ||
| Where do you think people, not just in your district, but throughout the state, where would they be on this? | ||
|
unidentified
|
I think they'll... | |
| Look, you don't have to tell anything more than they just opened the door to $4 trillion more debt. | ||
| And it's like you said, our first proposal, a lot of your viewers would say, well, $1.5 trillion, that's unacceptable. | ||
| But you've got to hear the rest, and it's got to be real. | ||
| But when you're talking about doing $4 trillion for some minor rounding error, that's... | ||
| $50 billion. $50 billion of real cuts over 10 years. | ||
|
unidentified
|
$50 billion. At best, they won't materialize. | |
| You're not even buying that. | ||
|
unidentified
|
No, it won't. The $12 billion won't materialize in the first year. | |
| It won't. It's such an insult to even bring this up. | ||
| I mean, it's so ridiculous. | ||
| That's why I'm so proud of this audience. | ||
| God bless them. Now, you're seeing people who are politically ambitious. | ||
| Come forward and say, no way on this. | ||
| I mean, even when they defend it, it's quite half-hearted, and they want to change the topic, oh, we had to do this because the country was in a crisis. | ||
| Your recommendation today is every vote you get to 60, 70, 80, 100 Republican votes, force McCarthy to depend upon Hakeem Jeffries. | ||
| And by the way, if the Democrats weren't gloating and loving it, they would never vote for this in a million years, correct? | ||
|
unidentified
|
Oh, that's for sure. | |
| No, they would be spewing anger and so forth. | ||
| They're for it. | ||
| This is for them. We need 112, 114 Republicans to say no to this, at least a majority of the conference. | ||
| You think he would even go, if he had a majority of the conference against this, he would still go forward with this? | ||
|
unidentified
|
I think so. I think so. | |
| You think he would take that many Democratic votes? | ||
|
unidentified
|
The thing I actually fear is he'll have the majority of the conference, which is always... | |
| It's like we said, these guys need to be primary. | ||
| And you're saying they're coming from deep red districts. | ||
|
unidentified
|
This is ridiculous. Over and over this happens. | |
| We've got about two minutes here. | ||
| Your floor, you take it. | ||
|
unidentified
|
Look, we've covered it pretty well. | |
| I think the thing... | ||
| A lot of guys in this audience and others at it will say, well, you said you'd vacate the chair. | ||
| Move to vacate the chair. But now that... | ||
| It's a very tough calculation to figure out what, and again, sort of like what you said about Nancy Mace. | ||
| Nancy hasn't been with us on anything. | ||
| She occasionally pops out with some conservative fiscal sort of stuff, but we've got to move to her. | ||
| If she's somebody that's kind of got a new idea for whatever reason, let's let it play out. | ||
| Expand the influence. Make these people go viral. | ||
| We'll do that today. | ||
| But when we talk about vacate the chair, can he possibly govern with 100 Democrats? | ||
| If you vacate the chair with 100 Democrats, do you think he could still govern? | ||
|
unidentified
|
Well, he'll do what they want. | |
| Look, if there's one thing he can do, it's maintain the cosmetic and keep the lies coming. | ||
| He doesn't have any hesitancy about that. | ||
| And so he'll keep that going and he'll do exactly what they want. | ||
| And at the core, I mean, there's not that much difference. | ||
| The radicals over there and the Lindsey Graham, frankly, are not that far apart. | ||
| Tell us about that. The establishment, it is a unit party, and you've been here long enough to see it. | ||
|
unidentified
|
Oh, and I didn't need to come up here to see it, but when I've been here, I've got it in ways that are just amazing. | |
| And as I say, the thing that's always astonishing is very disheartening to sit in those rooms, and they have them lined up to get to the mic, right, in our conference, closed conference, and they'll give the line from leadership, and four of them or whatever will say exactly the same thing, and then they'll get it at the mics, and they'll all laud it, and just like they hammer the message in. | ||
| It's like you're being tortured by Big Brother. | ||
| And, you know, fine. | ||
| I'm accustomed to it now. | ||
| But I know that they know they're lying. | ||
| I know they know it. | ||
| And I know they know that I know it. | ||
| We know it. Right. How do people get to you on social media? | ||
|
unidentified
|
It's RepDanBishop. | |
| They can go to my website in Congress at danbishop.house.com. | ||
| And that's about it. | ||
| Okay. A couple of tough days in front of us, right? | ||
|
unidentified
|
We've seen more, and I'm ready to take as many as we need in order to save the country. | |
| Fine. Congressman Dan Bishop, honored to have you on here. | ||
| Patriot and hero. God bless you, Steve. | ||
| Short commercial break. We're in return. | ||
| We got Barris. We got Bratt. | ||
| We got Russ Vogt. We got Congressman Rosendale. | ||
| We're packed up for now. | ||
| We need everybody manning the ramparts. | ||
| Big rules committee. House Freedom Caucus at noon. | ||
| Congressman Bishop will be there. | ||
| We'll be live streaming it. | ||
| During the Charlie Kirk Show, maybe get Charlie even to cover it, pick it up live. | ||
| Posobiec's new show today premieres at 2 o'clock. | ||
| We're going to talk about that. I think I'm going to be on the first show. | ||
| And then we have the Rules Committee at 3. | ||
| Big day here in the war room. | ||
| Be back in a moment. We will fight till they're all gone. | ||
|
unidentified
|
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| Okay, welcome back. Make sure you go to birchgold.com, the end of the dollar empire, slash Bannon, end of the dollar empire. | ||
| Get all three installments. | ||
| You're going to need that more than ever. | ||
| This is going to put in additional $4 trillion of debt minimum. | ||
| I think the number could be $5 trillion, maybe even $6 trillion. | ||
| Because the economy is starting to slow, and you're going to see lower tax revenues, less cash in the Treasury. | ||
| You're going to have to make up for it somehow. Dave Brett, I want you to go back for this audience. | ||
| Go back and give me that first chart. | ||
| You've got a zero hedge. | ||
| I want you to explain it to people because this is the heart of the matter. | ||
| What they are selling. | ||
| Remember, in the audience, we've got to fight hard. | ||
| No time to be quitting and no time to be sucking thumb. | ||
| Oh, my God. Oh, this is so terrible what's happening here. | ||
| What do you think happened in the Revolution? | ||
| What do you think happened in World War II? You think every day was a sunny day? | ||
| No, they were not. | ||
| If you want to honor the individuals we honored over this weekend, the way you do it is by manning up right now. | ||
| I don't want to hear any whining. | ||
| No whining. | ||
| No tears in the war room. | ||
| Brad, go back to that chart and explain exactly what it is. | ||
| Yeah, so in summary, what it is is locking $2 trillion additional into our budget per year, which is just another debt-driven sugar high. | ||
| That's the bottom line. | ||
| Now, where do you see it on this thing? | ||
| On the top left graph, on the left, you see all those numbers starting at $1,600. | ||
| That's $1.6 trillion. | ||
| That's one-fourth of the budget. | ||
| The budget is $6.4 trillion. | ||
| So this is just the discretionary part that is divided into two roughly between defense and non-defense. | ||
| So what you see is CBO baseline, which is just gobbledygook intended to make politicians look good. | ||
| The black dotted line is the White House proposal, whatever that was, because they never had one, right? | ||
| They never showed us their receipts. | ||
| But when you go to negotiate, Basically, the White House position means the status quo, just keeping exactly what we have in place, a $6.5 trillion budget. | ||
| And the red line is the budget we just passed. | ||
| Well, we didn't pass it yet, but that is the debt ceiling negotiation between McCarthy and the White House. | ||
| So it looks like he just assumed the White House position. | ||
| And then the green line is the conservative House position. | ||
| It's not that conservative. It trims only $4 trillion. | ||
| off of the $50 trillion debt window over 10 years. | ||
| So that green line looks like it's a great improvement, but it's nowhere near Russ Vogt's original position, which is way below that, which carved $17 trillion off of the $50 trillion debt window over 10 years. | ||
| And that is the position we should have been negotiating from. | ||
| Either you negotiate from Vogt's position so you get a real win, Or you tell everyone in the Congress that green line you lock in ahead of time and sign your name in a blood oath six months ahead of time so we don't run into this total catastrophe that we just run in. | ||
| And all these views are just my own and Zero Hedge, who just does great charts. | ||
| Understand your own personal opinion. | ||
| Just hang on for a second. Let's get Barris in here for a second. | ||
| Barris, this is all about MAGA, all about America First. | ||
| These are the principles and the policies we stand by, and that's why we're in this running gunfight right now with the Republican establishment. | ||
| Walk me through. You've got some math you want to show to people about where we are right now. | ||
| You know, Steve, I should preface this, if you're going to put the crosstabs of the chart, but I should preface this with this being a district. | ||
| It's Texas' 12th, Fort Worth area. | ||
| It's very educated for a Republican area, right? | ||
| So if there are going to be more traditional Republicans here, booming, right, and there's going to be this, like, anti-MAGA revolt, you would see it in this district. | ||
| And we pulled the primary first. | ||
| We also asked people. | ||
| This was for Ken Paxton's friend in Texas 12th, John O'Shea. | ||
| So we polled and we asked a little too early for head to head, but where are you on with the primary? | ||
| Those are the results right there. | ||
| And Trump is above 50, even in this district. | ||
| And then also we asked people what they identified as. | ||
| Texas is open, so there are independents. | ||
| There are going to be some Democrats. | ||
| But if you are a Republican, self-identified, we ask people, do you identify more with America first Republicanism or traditional Republicanism? | ||
| This district, even here, Steve, it's a majority America first. | ||
| And one of the big findings is that, yeah, a majority of white Republican voters are America first. | ||
| The Hispanics, which will make up at least 7 % of the primary vote in this district this year. | ||
| 83%. We spoke to 40 of them. | ||
| 83 % of them said they're America first. | ||
| There is no support for traditional republicanism among non-white republican-leaning voters. | ||
| So the old wing of the party has no appeal. | ||
| To non-white growing sectors of the population, which Republicans are going to need as the years go on to earn their support in order to have a prayer. | ||
| By the way, this is illuminating because this tells you why Republicans just did not perform in Texas the way that we saw Trump perform in some areas around Texas. | ||
| Zapata County, Starr County, right? | ||
| All down in South Texas. | ||
| This is the Fort Worth area, but I'm willing to bet it really doesn't matter. | ||
| Everywhere we ask this question, Hispanics are overwhelmingly America first. | ||
| And by the way, looking at education in the primary polling, we're polling this district, other districts on this debt ceiling. | ||
| It is not popular with Republicans, this deal. | ||
| They don't like it. And moving forward, when you're looking at those education demographics, they are almost... | ||
| Completely decided. So the only way we're going to see the numbers move with the nomination is if they undecide somehow, Steve. | ||
| I don't think that's likely. And if the four-year college grads, which are still backing Trump now again, were somehow to swing wildly. | ||
| Barris, hang on a second, and Brad, we're going to get Russ's photo up here. | ||
| Raheem's going to join us. Here's the point, what the congressman just said. | ||
| You have bright red districts That have these squishes in there that are voting against your interests. | ||
| And here's the thing. This is a new, this movement now, the Hispanics, 83 % are America first. | ||
| Just think about that for a second. |
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