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June 19, 2024 - Bannon's War Room
57:54
Episode 3694: The Cost Of The Illegal Invasion And The 2 Trillion Dollar Deficit
Participants
Main voices
d
donald j trump
36:30
s
steve bannon
15:48
| Copy link to current segment

Speaker Time Text
donald j trump ▲ ● ▼
Today in office, inflation was at less than 1.4%, and as you know, it's now 10.
Look, if you take a look, if you take a look at our inflation, our real inflation, They said it was 10 for the last couple of years, cumulatively.
You take a look at inflation, and if you add different categories, which they don't, I think our inflation is between 40 and 50 percent.
They say it's at 22 percent.
22 percent's a lot.
That's record-setting.
But I think you could double it.
Let them add the cost of interest.
Let them add the cost of trying to buy a house.
Nobody can buy a house anymore.
The American dream is dead.
The money they can't get, the interest rates through the roof.
During my term, we had gasoline down to $1.87 a gallon.
and 87 cents a gallon.
And by the end, the 30-year mortgage rate was 2.7%.
unidentified
Think of that.
donald j trump ▲ ● ▼
And now it's 10%, 11%, 12%.
And you can't get the money, so it doesn't make any difference.
They can tell you what the rate is, but you can't get the money.
Joe Biden inherited the fastest and strongest economic recovery in history.
I gave him the greatest economic recovery in history.
It's called bounce back.
We were all set.
We were set.
I hate it.
We had the greatest economy Ever in the history of the world, COVID came in and we did an unbelievable job.
And by the time we ended, we gave him the greatest bounce back that anybody's ever had.
And guess what?
He blew it to shreds.
And that's where we are right now.
Biden's inflation price hikes and energy destruction, of course, the average American family and astonishing $28,000.
Think of that 28,000.
And on day one of my new administration, we will throw out by dynamics and replace it
unidentified
with magnum.
donald j trump ▲ ● ▼
And it was just announced, you probably heard it just came as I'm walking up.
I say, let me say that I'm walking up here.
It was just announced that the budget deficit is now expected to be almost $2 trillion in 2024.
Think of it to $2 trillion.
Let's see 2024 that might not be so good because I take over.
They're going to say I have a $2 trillion deficit.
I say I didn't do anything, but we'll get it down.
$400 billion more than estimated just a few months ago because he's throwing money out the window on the Green New Scam and other things because this student loan program, which is not even legal.
I mean, it's not even legal.
And the students aren't buying it, by the way.
His polls are down.
I'm leading in young people by numbers that nobody's ever seen.
unidentified
You're listening to President Trump at Rancine Festival Park in Wisconsin.
steve bannon ▲ ● ▼
You're in the War Room.
donald j trump ▲ ● ▼
We'll be back in a moment.
So for all of you people, a couple of people that get tips, right?
Tips?
No tax on tips.
That's right.
No, I think it's good.
You know, you work, work, work, and they come out and they, they, they harass you.
They really harass you.
A lot of people have told me that.
He's just passed new regulations that make it very, very hard on people That earned tips, really, for a living.
For the most part, they live on tips.
I will stop Biden's wasteful spending and rapidly terminate the Green News scam, which is a total scam.
We're spending money like drunken sailors.
You know the expression, drunken sailors?
They love that expression.
I will end the Biden inflation nightmare and we will end it quickly.
And I will repeal crooked Joe Biden's insane electric vehicle mandate and we will drill baby drill.
We'll drill, baby, drill.
Right?
unidentified
Go, Santo! Go, Santo! Go, Santo! Go, Santo!
Joe said no!
donald j trump ▲ ● ▼
That's great. Thank you.
Thank you.
Energy costs will come down very quickly.
In many cases, we'll be cutting your energy costs in half and we're going to be doing it very fast.
I will also stop inflation by stopping the invasion, rapidly reducing housing costs.
You know, they're taking over our hotels.
unidentified
Think of it.
donald j trump ▲ ● ▼
You have people that come in illegally that don't speak the language.
We don't even know the country.
These are countries where we have nobody in our country that even understands the language.
And they're living in luxury hotels in many cases.
As our and as I said, as our wonderful warriors are, they're wounded.
In many cases, they are literally wounded.
They're wounded from what's taken place from the trauma, but they're wounded and they're laying in the streets of San Francisco and Los Angeles and New York and Chicago and Oakland and all over the place.
And you have other people living in luxury hotels.
You tell me, is this country screwed up or what is this country?
We will cut every unnecessary Biden regulation.
You know, I cut regulations more than any president in history.
That's how we got all the jobs.
And I cut your taxes, the biggest tax cut in the history of our country.
And we will make the Trump tax cuts permanent and reduce taxes even more for working families and small businesses.
They want to let the Trump tax cuts expire.
If you do that, you will pay four times the amount of tax that you're paying right now.
Somehow, you know, all my life I've watched politicians and they always said, I'm going to reduce your taxes.
This is the only group I've ever seen.
We're going to raise your taxes by four times.
Oh, let's vote for them.
There's something crazy going on.
There's something there's something crazy in the water.
But, you know, I produce the cleanest water and the cleanest air.
That's what I want.
I want clean water, clean, crystal clean air.
Unlike me, Joe Biden isn't fighting for the working people.
He's fighting for all of the corrupt interests that get rich off the suffering of the middle class, and he's fighting for China, and he's fighting for lots of other countries.
He puts America last.
Crooked Joe backed NAFTA, China's entry into the World Trade Organization, and the horrible Trans-Pacific Partnership, and also the ripoff called the Paris Climate Accord.
Sounds so nice.
Except we were paying the whole brunt of it.
China wasn't paying.
Russia wasn't paying.
India wasn't paying.
We were paying a trillion dollars for the Paris Climate Accord.
Sounds so nice.
I said, you know, when I terminate this deal, I'm going to get killed on this one.
I terminated it.
Everybody thanked me.
It was like, because they all know the people are really smart.
They get it.
They get it.
What we are doing for other countries and we're destroying ourselves and we owe $35 trillion.
You know, it's not like, gee, we have nothing but cash.
He sent our blood and treasure to back regime change in Iraq, regime change in Libya, regime change in Syria, and every other globalist disaster for half a century.
It's been going on the same.
I took our soldiers out.
You know, I'm the only president that didn't start a war.
I'm the only president.
I finished the war.
I finished it.
I finished a war with ISIS, the ISIS caliphate.
I finished it.
But I didn't start a war.
I got our soldiers out of Syria.
I read this morning that, oh, gee, it was a shame.
We had 5000 soldiers.
On the border, Syria and Turkey, right on the border.
So you have Syria, Turkey, and in the middle we have 5,000, in between a 250,000 person army and 150,000.
I went to a general, I say, how do our 5,000 soldiers do in that case?
I went to a general, I say, how do our 5,000 soldiers do in that case?
You got two warring nations.
They say, not good, sir.
I say, I think it's time to get him out, right?
I got him out.
Then we had 54 soldiers.
And I said, this one, I don't have to ask a general.
Get him the hell out of there.
You know what?
Essentially, nothing happened.
They've had that border for 2000 years, different names.
But they've had that border for 2000 years.
They've been fighting for 2000 years.
Why do we have soldiers here?
I took them out.
And we didn't have people killed.
We had nobody killed.
And they still fight over the border a little bit, but not much.
It's, you know, they fight for a little while, then they stop.
This goes on for thousands.
This goes on for thousands of years.
No, you know, we are now we call ourselves because, you know, I'm conservative.
What difference?
I'm the party of common sense with a party of common sense.
It's not a conservative thing.
It's not a liberal thing or a Democrat or Republican thing.
After years of crooked Joe building up foreign nations under my leadership, we will once again build up our nation, if that's okay.
Let's build up our nation.
I think it's time, right?
Looks like a good soldier there.
I will revoke China's most favored nation's trade status.
They have a most favored nation, their favorite.
I said, why do you have that presidency?
Well, we are a developing nation.
You got nothing but cash.
You're killing us.
We paid them $500 billion a year.
They built their military because of stupid people.
And one thing, you know, somebody said it.
You don't even think about it.
I read it two nights ago.
Donald Trump was the one that brought up China and the tremendous threat that China is and the amount of money that China takes out of our country every year.
You never heard that until I came along.
And you know, it's one thing to talk about it, but I did talk about it.
But I was doing something we took out hundreds of billions of dollars out of China.
Not one president took out 10 cents.
In fact, Biden wants to revoke the tariffs, but he can't because it's so much money can't do it.
You just can't do it.
I also will pass the Trump Reciprocal Trade Act.
That's if China or any other country makes us pay 100 or 200 percent tariff or tax
We will make them pay a reciprocal tariff or tax of 100 or 200 percent right back
We don't do that We have countries, and it's not only China, it's many countries.
We have countries that charge us tremendous taxes and tariffs, and we don't charge them anything.
And I was changing that and got a lot of it changed with South Korea, with Japan, made a new deal with Japan.
Oh, Japan was really You know, Prime Minister Abe, he was great of Japan.
He was assassinated.
He was a great friend of mine.
He was a great gentleman.
He was a he loved his people.
He loved this country.
I went to him.
I said, you know, the trade deal between Japan and the United States is the most unfair thing I think I've ever seen.
They sell cars to us.
We can't sell cars to them.
They sell food to us.
We can't sell food to them.
And it's that way with the European Union, too.
And I said to I mean, I loved that guy.
It was great.
He was going to run again.
He was getting well and he was going to run again.
Very popular guy who would have won easily.
But I said, we can't do this.
He said, I was waiting for you to ask.
He said, nobody's ever asked.
Nobody from your country has ever asked.
You know, he said, I'm shocked it took you so long.
And I renegotiated it.
I mean, I liked him so much I could have made probably a tougher deal, but we made a tough deal.
I liked him.
He was he was a great guy.
We've renegotiated that deal.
We renegotiated a lot of deals.
One of the best deals I made was with China.
But because of COVID, I don't even talk about that deal.
China had to buy $50 billion worth of our product, our agricultural product, mostly.
And you know, it's interesting.
During the negotiation, I said, what are we asking for?
Fifteen million dollars.
Fifteen.
So I thought they meant 50.
unidentified
Right.
donald j trump ▲ ● ▼
I heard it as 50.
So when they came to me, they said, we have the deal done with China.
It's 15 million dollars.
I said, what do you mean, 15?
It's 50.
You told me.
They said, no, no, it's 15.
I said, go back and ask for 50.
And we got it.
Can you believe it?
We got it.
I thought they said.
But the Reciprocal Trade Act is basically a terrible expression, but it's, you know, as accurate as I can make it.
You know, I have a man I have a lot of respect for.
He said, please, you speak so beautifully.
Don't don't hurt your speech by using foul language.
But sometimes foul language is a little bit necessary.
More necessary here than on television.
I have to say on television, it doesn't sound good.
Well, it sounds OK, actually, but it doesn't sound good here.
You don't make your point, but I don't think this is too bad because reciprocal trade.
That's you screw us.
We screw you.
And then what happens?
You charge us 100 percent.
We charge you.
I don't know how else I can say it so briefly.
Right.
That's about as good as we can do.
There's just no word that can cover that.
So.
And you know who that was?
Does anybody know?
You know who that was that told me?
Great.
A great man, actually.
Franklin Graham.
You're right.
It was Franklin Graham.
He wrote me a beautiful letter and he said your speech was so good and I loved it and everything else.
But you don't have to use foul language.
And I very rarely do.
And it's not really.
It's just, you know, like little words like that word that starts with a B and ends with a T. Right.
It's just such a descriptive word.
I don't know how you replace some of these words.
But I think of him when I when I'm about to do and usually last speech, I just I said, I'm going to behave.
And I did.
I totally behaved.
This one, I did use that those two words, the same word twice.
Biden would say I use three words four times, you know, remember that?
It had four words, it would say, in the famous words, those two words, and then it issued
four words.
This guy, this is what we have negotiating.
This is what we have negotiating with Putin, with President Xi of China, with Kim Jong-un,
who's loaded up with nuclear weapons.
This is what we have negotiating.
You know, when when France came out and wanted to tax our nation, I told him you can't do
And if you do it, you're going to pay 100% tax on all of your wine and all of your champagne that you send in.
And all my people said, you couldn't do it.
You'll never be able to change it.
They're going to tax our companies 25%.
And I said, we're going to do it.
And I did that.
And it was a miracle.
They said, Macron, you know Macron.
Good, good man.
He loves France.
He doesn't love us.
He loves France, right?
And I said, no, no, no, you have to pay.
We're going to charge you 100% unless that disappears.
Everybody told me it couldn't be done.
My own people told me it couldn't be done.
And I said, nope, 100% starting on Monday.
This was Friday.
And he called me back five minutes later.
He said that we would be delighted to drop that tax.
We would be delighted to drop that 25% tax on your companies, Vivek.
But if I gave it to Vivek to do, I think he'd pull it off, right?
You know?
He'd pull it off.
It's no wonder Joe Biden and his thugs are so desperate to stop us.
They know that we are the only ones who can stop them.
And they know that all of their persecutions and prosecutions is happening because I'm running for president and leading very big in the polls, including in this great state.
Do you remember in 2016, we won.
And then we did much better here in 2020.
But they, you know, lots of things happen.
And then in the end, we won.
But they, you know, by that time, it was a little late.
But in 2016, we won.
And I got a poll from ABC Washington Post to, you know, very Washington Post is down 50% in readers, which is a good thing because people don't like fake news.
And ABC, you know, they have George Stapalopoulos.
I call him Slopidopoulos.
George Slopidopoulos.
I said, George, I've had you up to here.
You got to start telling the truth.
You got to start telling the truth.
They're doing one of the debates, I understand.
See, I agreed to this stuff.
You know, I agreed to the debates.
They came up to me and they said, we're going to do a debate.
We'd like to challenge you to a debate.
But they didn't want me to accept.
So they gave me something that I couldn't accept.
CNN.
Fake Tapper.
Fake topper.
Sit down at tables, no audience.
I don't know, this thing sounds pretty unexpected.
No audience.
I said, well, I think we should at least stand up.
Don't you think it would be respectful?
But I said, we'll do it.
They didn't think I was going to do it.
They thought I would say, no, I don't want to do it because CNN is so, you know, it's fake news.
But I think maybe they'll be honest.
I think I think fake Tapper would really help himself if we're honest, but you'll see immediately if it is or not.
I'll probably be.
Dana Bash is the other.
I'll probably be negotiating with three people, but that's OK.
I've done that before.
I'll be debating three people instead of one instead of one half of a person.
The outrageous charges in New York were a corrupt creation of crooked Joe Biden and his group.
And they're really weaponized.
What they did is they weaponized the Department of Justice.
They weaponized all the White House.
What they did is disgraceful.
It was all planned and carried out by his thugs in Washington, giving orders to New York.
All these people went to Washington.
It was all one big thing, including civil cases, by the way.
The case was completely devoid of facts, merit or even any crimes.
Every legal analyst, all great people.
I don't have to go over their names.
I go over them all the time.
But all of the great legal analysts said there is no case here.
There is no crime.
He shouldn't charge, etc.
But every single one of them said that this wasn't a Legitimate indictment.
This was a Joe Biden indictment to try and hurt your political opponent.
And it's it's really reverberated because the numbers we've had, we've never had numbers better than this.
And they've really gone up a lot since that fake deal was started.
But since the rigged trial in New York and think of this, the poll numbers have increased very substantially.
And the fundraising is, I think, set all time records.
I mean, I think it's set all time.
And you know what?
If you understand this stuff, if it hadn't, it would have gone the opposite way.
If this was real stuff, it would have been the opposite.
Most of the time it would be.
But I'm able to have a nice platform.
I was able to explain what it is.
It was fake.
I also got Dershowitz.
You take a look at Dershowitz and and Mark Levin, all great people.
Andrew McCarthy, Greg Jarrett, all great people.
Jonathan Turley, all fantastic.
Do you think Biden could remember 567 names?
I don't think so.
And honestly, many others.
And they all came out and they said, this is a terrible thing that's happening to our country, etc, etc.
And people read.
And that's when The numbers quadrupled.
Everything quadrupled.
The poll numbers were great.
The fundraising numbers went up at levels that nobody's ever seen before because they know it's all fake stuff.
It's a Biden indictment.
These aren't indictments.
These are Biden indictments.
He did it to hurt his political opponent because he's a lowlife who's the dumbest president we've ever had, in addition to everything else.
The radical left Democrats rigged the presidential election in 2020, and we're not going to
let them rig the presidential election in 2024.
And every time we're not gonna let him do it.
By the way, if we win Wisconsin, Now, you know, Biden, you know what Biden would say?
He'd say, if we win Iowa.
Oh, sir, you're in Wisconsin.
Oh, but I have to be careful because when I do that stuff, they'll sometimes put it on like I was saying it.
So when I imitate him, because he can't find his way off the stage ever.
There's only about, well, there's only four or five stairs.
So this one, sometimes I have like seven stairs, anything built by the government.
We have a lot of stairs because they have unlimited money.
But you know what?
When I imitate him, and you've heard this a little bit, I say it every once in a while.
I said to my wife, how good was that speech?
Was that great?
It was the greatest.
I had 107,000 people show up in New Jersey three weeks ago.
25,000 people in the South Bronx.
People weren't sure about that one.
It was love.
That was a love fest.
South Bronx.
I called up my wife.
I said, how good now I had just imitated him trying to get off a stage.
And you know, there's walls around and I walk into walls.
unidentified
Kidding.
donald j trump ▲ ● ▼
It's sarcasm.
It's like it's truth.
I mean, he walks into stages, he falls down.
I better not ever fall down because they'll say he said, he said, we just don't want to fall down.
You have to keep yourself from falling down.
You just have to be careful.
But he'd walk into walls and everything.
So I said to my wife, how great was it?
New Jersey.
107,000 people, nobody, nobody could have ever in history, nobody could have gotten 107,000 people.
There's never been a politician, Vivek.
You're just peanuts by comparison, Vivek.
You don't know it.
He hasn't learned his lesson yet.
He has not learned his lesson yet.
But he's a good man.
He's got to be with us in some form.
unidentified
He hasn't learned.
donald j trump ▲ ● ▼
When I said to my wife, Vivek, I said, our great first lady, she had a great.
People like our first lady.
So I said, I said, honey, I'll tell you, it was unbelievable.
How good was it?
It was unbelievable.
The crowd.
Nobody's ever seen a crowd that broke every record in New Jersey history.
Nobody's ever seen 100.
And I don't have a guitar.
Don't forget, Elvis had a guitar.
I don't have a guitar, I have nothing.
I stand up here by myself.
Terrible.
But all these people, I said, how great, tell me how great.
She said, well, it was okay.
I said, what do you mean okay?
It was phenomenal.
No, but your hair didn't look good.
And then she said the killer of all killers, she said.
And what happened?
You couldn't find your way off the stage.
They showed you walking into walls.
So the fake news had me walking into walls when I was just imitating Biden because he walks into walls.
unidentified
I don't know.
donald j trump ▲ ● ▼
You gotta live with it.
You gotta live.
That's why we call him the fake.
That's why we call him the fake news.
Every time the radical left Democrats, Marxists, communists and fascists indict me, I consider it a great badge of honor.
Remember, I got indicted more than Alphonse Capone, Al Capone.
Was the meanest Scarface Scarface.
He was the meanest ever.
The worst.
Oh, he was right down the road.
Actually, Chicago.
He controlled Chicago with an iron fist.
If he went out to dinner with a person didn't like him, they were gone by the next morning.
Never found again.
You know, they're usually a part of the foundation of a building going up, right?
I got indicted more than Al Capone, all because I ran for office.
If I didn't run for office, I'd be happy.
I'd be enjoying life.
But you know what?
I enjoy this better because we're going to make America great again.
That's what I like.
That's what I like.
Very simple.
And I'm being indicted for you.
Never forget our enemies want to take away my freedom because I will never, ever let them take away your freedom.
That's why.
They want to silence me because I will never let them silence you.
And in the end, they're not after me.
Quite simply put, I am just standing in their way.
I'm standing in their way.
And then I'm not moving.
I'm not moving.
My life could have been so simple.
I could have had 200 lawyers less.
My life could have been so simple.
I would have had a beautiful life.
But this is a beautiful life.
This is far more beautiful.
I mean, what's better?
Being with you right now.
Now look at that beautiful lake.
unidentified
Beautiful, right?
donald j trump ▲ ● ▼
What's better, this or sitting on the Pacific or the Atlantic?
Which has sharks.
You don't have sharks.
See, that's that's a big advantage.
I'll take the one without the sharks.
We're pleased to be joined today by many incredible patriots, including the man who is going to help Wisconsin reverse every single Biden disaster year.
Next U.S.
senator, and this guy is central casting, Eric Hovde.
Eric, stand up, Eric.
Come on up, Eric.
Eric has had an outstanding career in business, a real success, and now he's going to get things done.
Eric will vote to crack down on illegal immigration and Joe Biden's border disaster, support our police, and turn back the wave of violent crime.
He will help us rapidly halt Biden inflation.
And unleash energy the likes of which you have never seen.
But most importantly, Eric will defeat your radical left senator, the worst senator in the U.S.
Senate, they say.
She's the worst senator.
She's rated, I think, the lowest, the worst.
Is a bad one.
You got a bad one in Ohio, too.
I think he's going to be defeated, Brown.
But Tammy Baldwin voted for every single inflation causing Biden spending bill.
A hundred percent voted with Biden.
And Biden doesn't represent you.
Eleven trillion dollars worth of votes that have caused massive inflation.
She wants to help Biden impose the largest tax hike in American history for four straight years.
She's cast a vote.
And remember, Every single time she voted for crooked Joe Biden, she voted in favor of Sanctuary City.
She voted to cancel my emergency declaration on the border to stop people from coming in.
Thank you very much, Sammy.
I appreciate it.
And she opposed a little thing called remain in Mexico that I did anyway.
She opposed that.
I did it anyway.
And Baldwin supports Joe Biden's effort to undermine our police officers in the middle of the worst crime wave in modern history.
She wants to not take care of our police.
Tammy Baldwin is a radical left Democratic streamer.
She's a horrible, horrible senator.
And this gentleman, I mean, is this central casting this guy?
And his wife looks even better than he does.
That's pretty good.
But he's going to secure our borders and stop inflation.
He's going to help me.
We're going to win.
You know, again, we win Wisconsin and we win the whole thing.
unidentified
We win the whole thing.
donald j trump ▲ ● ▼
So we got to win.
Eric, say hello.
unidentified
Thank you.
Thank you, Mr. President.
And we do have a gorgeous state.
Look at how beautiful Wisconsin is.
No, the president and I are both business guys.
In fact, I'm in the development business.
That development project over there, I'm developing right now.
220 units.
220 units, revitalizing Racine.
But you know in the world of business, results matter.
And in business, you either get it done or you don't get it done.
So let's take a quick look.
President Trump, inflation averaged about 1.7%.
Almost nothing.
Joe Biden, 6% and I agree with President Trump, prices have gone up more than 20%.
Are you kidding me?
They're fudging the numbers.
How about your incomes?
steve bannon ▲ ● ▼
Do you know your incomes grew under President Trump at a faster rate than any other?
If Denver could put up what President Trump said earlier, and not that anybody sent it to him immediately, both Politico and Bloomberg, and this is one of the reasons you watch the show.
What was the call shot we had?
We sent it to two years ago when McCarthy did the deal that destroyed, when McCarthy created a Biden, that these were going to be $2 trillion deficits.
Well, the deficit last year is $2 trillion.
The Congressional Budget Office just announced $2 trillion deficit this year, this fiscal year, $2 trillion.
They lied.
Two people's faces said it's going to be about $1.4, $1.5, $1.6.
unidentified
No.
steve bannon ▲ ● ▼
And here's, they just put this out today, two trillion dollars, and this is a lie.
They've over-projected taxes, but most importantly, they have not fully loaded, and we're calling the Congressional Budget Office in the morning to get a quote, they have not fully loaded the cost of the illegal alien invasion.
What it costs, actually, to take care of those folks.
This is going to be over $2 trillion.
I think interest is $900 billion.
We told you it was going to get to a trillion.
The headline is that they're putting out is $50 trillion, I don't know, by 2040.
No, no, no.
Stop.
Stop.
Stop it all.
The great Cain over at Citizen Free Press had the dead clock, and I think it showed $47 trillion.
It's going to be so much worse than that.
This number they put out today shows you it's a trillion dollars every hundred days.
This is why the polling, the lived experience of people under 29 years old, of African-American, particularly African-American men, of Hispanics, of all of it, the lived experience is so horrible they can't make ends meet.
This is financial bondage.
This is why they are nothing more than Russian serfs from the 19th century before 1861 before they were freed.
This is what the Federal Reserve has done and in the fiscal irresponsibility.
This is the reason that Biden so far behind now is a 27% miss.
A 27% miss?
You folks out there that do businesses or the kids are doing their homework?
A 27% miss?
What are you talking about?
Why wasn't this brought up before?
Because they're trying to cover for him.
You don't think our institutions are rotten to the core?
You can't even get a correct number out of Capitol Hill.
Two trillion dollars.
And if Grace and Mo put up a lead story in Politico, number one story in Bloomberg, We told you here exactly what was going to happen.
We told you here exactly what was going to happen.
And what was going to happen, they lied.
McCarthy did this deal.
McCarthy lied.
He said to Graves, Graves, leave me the day.
You know, all the wins.
We got all these wins.
The greatest budget deficit reduction.
That's a bald-faced lie.
It's the reason you got run out of here and Graves got run out of here in the little dweeb with the round glasses.
Got run out of here.
Run out all three of you to negotiate the worst deal in human history.
And now I hope President Trump fully appreciates what's he stepping into.
You talk about a supply-side tax code, you talk about a tax cut that's going to come on top of this, and we have to get realistic.
We can't do a CR, we can't do a, you know, we're going to clean it up next year.
This has to be confronted and confronted now.
President Trump, next week in the debate stage, needs Biden to eat every line of the CBO report.
Once again, the budget deficit this year that we told you a year ago was going to be $2 trillion and they were lying to you.
They came out today with $2 trillion.
You want to know why hedge funds from around the world watch this show?
If you're driving a truck or taking the kids to school or some young student?
Because we get the macro right.
Two trillion dollars.
It's unsustainable.
This is the lawfare's republic ending, as Mike Davis says, but this is super republic ending.
Because you can't pull out of it.
You can't pull out of it.
Is President Trump back?
Let's go back to Racine, Wisconsin and President Trump.
donald j trump ▲ ● ▼
He's in charge of the committee and I hear you're doing a fantastic job and you're going to make sure there's no, that we have an honest election in the great state of Wisconsin, right?
This area.
Thank you very much.
Great job.
Appreciate it.
Another friend of mine, Glenn Grothman.
Glenn, thank you very much.
And we all know he's here because I heard he made a great speech before and people really like him.
steve bannon ▲ ● ▼
When he finishes the roll call of names, we'll go back to it.
So can somebody give me a heads up on President Trump's back to the speech?
When he's doing the roll call of names, we'll take it.
When he finishes the roll call of names, we'll go back.
He's doing local, you know, you guys have been enough rallies, doing all the local officials, which is lovely, but not particularly into President Trump's thinking.
This has been a powerful speech.
President Trump brought this up.
In fact, as soon as we came live here on War Room, It was just serendipity.
President Trump goes right into it.
Talks about it.
Talks about it.
Talks about the problem with Biden and Bidenomics.
This is why they don't call it Bidenomics.
The reason he's closed the gap on people under 29 is this.
The reason that blacks are looking at Trump, give him a second look, and black males, black men are flocking to Trump, you've heard Harry Enten, is this.
The reason Hispanic families are giving Trump a look is this, because this budget is the, is these numbers flow through everything.
The 900 billion, remember they said we set a trillion dollars in interest payments?
No, no, we said it's going to be bigger than the defense budget.
It is in this report.
900 billion dollars.
You want to know why your credit card is so high?
Your mortgage is so high that you go to the store and the purchasing power of your dollar has dropped and inflation's up.
You want to know?
Because of this.
This is the railhead of it.
And these fat cats up here are getting rich.
Every lobbyist has got to, they get in there to the trough and they got to get their clients to get some money.
Oh, and what did they say?
Drove it?
Wait for it.
At student debt relief, every blue-collar person out there, every person that works your tail off every day and either paid back your student loan or didn't get a student loan, these deadbeats, these deadbeats that have these degrees that can't get jobs, the credential class, $400 billion of that, the $400 billion delta between the 1.5 and 1.6, part of it's made up of that, which the Supreme Court ruled illegal.
He doesn't care.
This number is a lot worse because they don't have in there the cost, CBO, the cost of the illegal alien invasion.
The cost side of the equation.
You've got the goodies.
You've got the goodies.
You've got the lower wages.
And you've got that they're consuming.
Think about this.
Two trillion dollars deficit.
Two trillion dollar deficit.
And it's ongoing.
It's not going to stop.
This is the flight pattern.
Two trillion dollar deficit, totally unsustainable.
And the growth, wait for it, 1.4%, 1.6%.
If you didn't, this is a scam.
If you didn't have this, this is what they're doing, Janet Yellen and this crowd are doing because it's election year.
If you didn't have this, we'd be in a recession.
That's why the lived experience of people under 29, the lived experience of African Americans and Hispanics.
In most of the middle class, particularly the lower middle class and the working class.
You're living a recession.
A bad one.
And it's worse because the purchasing power of your dollar is going down.
They're financing this massive deficit that they're benefiting from.
unidentified
They are benefiting.
steve bannon ▲ ● ▼
The lobbyists, the imperial capital, that money goes into weapons systems and gets spent all over here.
This is why, what, seven of the top nine counties in the country Are the counties in Northern Virginia and Maryland, Southern Maryland, that surround the imperial capital?
The imperial capital's doing fine.
They want more.
It's like a private equity fund every year.
Hey, we got seven trillion.
We'll carve off five to the...
To the, uh, to the, uh, the, the, the, um, income redistribution or the, you know, the mandatory programs, uh, social security, Medicaid, Medicare, and you don't need to touch associate.
President Trump's back.
We're not doing roll call.
We're absolutely certain.
My crack team.
Let's return now.
donald j trump ▲ ● ▼
Wisconsin, President Trump.
so that it no longer is a nightmare of murder and crime.
They end up getting shot. They end up getting killed.
It's a horrible thing taking place in the capital.
We're going to take it over.
It's going to be run properly.
It's going to be beautified.
It's going to be cleaned.
I went there the other day for one of these trials, you know, these trials that keep me busy so much.
You know, I'm only allowed to campaign about 20 percent of the time because I have all these Biden trials.
But so far, it's not working.
We can never let that work.
We can't let them get away with it.
But I went there.
And the roads were so badly damaged.
There were potholes all over the place.
There was trash all over the main highways, trash, garbage.
You're driving over garbage.
The medians in the middle, you know, the metal medians were all broken and rusted and disgusting.
That's no way to have a capital.
Can you imagine these foreign leaders come in?
And generally, their capitals are in good shape.
You know, that's why they're dictators.
They say, yes, we don't want we don't want broken medias.
We don't medias.
We don't want potholes in our roads.
We want to have them nice.
I went to China.
You never saw anything like that.
A road 10 on 10 cars wide times two.
Medians that were impeccable.
They're probably 100 years old.
They're made out of steel.
They were painted.
They were impeccable.
All this stuff.
We got to have the same thing.
We got to have it.
We have to have it done properly.
Our our nation's capital is the murder capital of the world.
Our nation's capital is falling apart.
Graffiti all over the beautiful Marbles and granites, graffiti, graffiti all over the place.
We're going to clean up our capital.
We're going to be proud of our capital.
We're going to take care of our capital.
On day one, I was signed a new executive order to cut federal funding of any school pushing critical race theory, transgender insanity and other inappropriate racial, sexual or political content onto the lives of our children.
And I will not give one penny to any school that has a vaccine mandate or a mask.
And I will keep who even thinks you have to say this stuff, you know, like open borders.
Who wants an open border?
Nobody wants to know who has open borders.
But some of these things, it's embarrassing to say.
I will keep men out of women's sports.
Why?
Why would you have to say that?
You know, you go back 10, 15 years ago and somebody would say, did he just say he was going to keep what?
What's that all about?
The women are big.
It's so disrespectful for women.
The other day, a woman playing volleyball got hit by a ball hit by somebody who transitioned a large person, very large.
And the ball came at her at a level that no at a speed that which she's never seen before.
It hit her and it had bad, bad impact.
Bad things happened.
Bad things.
And that's happened before.
The swimming is ridiculous.
The weightlifting is probably the most ridiculous.
Weightlifting records that stood for 18 years of being obliterated by hundreds of pounds by people that transitioned.
I don't think it's we're going to get rid of that immediately.
I will fully uphold the Second Amendment.
We will protect innocent life and we will restore free speech.
And I will secure our elections with a goal to have one day voting paper ballots, proof of citizenship and voter I.D.
But until then, Republicans must win.
We want a landslide, and the expression I use, where you just can't lose, is we got to make it too big to rig.
Too big to rig.
Because they're dishonest people.
If you took the 10 worst presidents in the history of the United States and added them up, they would not have done near the destruction to our country as Joe Biden and the Biden administration of thugs has done.
What they've done to our country is incredible what they've done.
And you haven't even seen it yet.
You haven't seen the terrorists yet.
You haven't seen the killing yet that's starting to take place.
Again, it takes him a little time.
They want to get accustomed to the country.
They're not going to start from day one because they don't know.
Then they see our laws, which are so weakened and so pathetic, and they probably can't believe them.
But you're going to see things that will be horrible, unless you elect me president, in which case we're going to get them the hell out of here.
unidentified
We're going to get them out fast.
donald j trump ▲ ● ▼
So if you want to save America, I'm asking everybody to go out to the website SwampTheVoteUSA.com.
Swamp the vote, right?
The swamp.
This is a different kind of swamp that we usually use.
Swamp.
We got rid of a lot of the swamp.
Comey and all those guys.
We got rid of that.
SwampTheVoteUSA.com to make a plan to vote either by mail, early in person, or to vote on election day.
You have to vote.
And watch your vote.
Watch your vote.
Because they tend to disappear.
Watch your vote.
Make sure it's counted.
And you can do that.
Make sure it's counted.
You have great people.
Again, Tommy is going to be totally involved.
And you have two great governors that are going to be involved.
And we appreciate it very much.
Two great governors.
We gotta win it.
We win it, we win the whole thing.
Then we see you guys in Washington.
We'll see you in Washington.
And if you want to volunteer to help us turn out the voters in your neighborhood, sign up and get trained at trumpforce47.com.
Trumpforce47.com.
Go out because we want to watch it.
You want to watch for the cheating.
I say guard the vote.
I say guarding the vote is far more important.
We have all the votes we need.
We have to guard the vote.
We have to stop this deal.
If we stop this deal, we win.
I don't have to campaign anymore.
Just stop this deal.
So Scott and Tommy, do a job out there, okay?
You'll do it.
In conclusion, from Madison to Milwaukee, from La Crosse to Kenosha.
I love Kenosha.
And from Green Bay to right here, In Racine, we inherit the legacy of Wisconsin patriots who braved the incredible dangers to carve out a life in a vast and wild frontier.
We stand on the shoulders of the American giants who crossed the oceans, explored the continent, settled at Great Plains, won the Wild West, laid down the railroads, raised up those great, big, beautiful skyscrapers.
Thank you very much.
Thank you very much.
Conquered the skies, fought two world wars and won.
And we didn't have to change the name of the forts, by the way.
Does anybody know what I mean by that?
Fort Bragg is no longer Fort Bragg.
We won two world wars.
So many of the forts are changed.
The names of the forts have changed.
We won.
We won freedom from those forts and they changed the name.
So horrible.
Defeated fascism and communism.
Mastered space flight.
Created Space Force that was mine first time in 78 years and made America into the single greatest nation in the history of the world.
But now we are a nation in serious decline.
We are a failing nation.
We are a nation that has lost its confidence, lost its willpower and lost its strength.
We are a nation that has lost, quite simply, its way.
But we are not going to allow this horror to continue.
Less than four years ago, we were a great nation.
We were a respected nation, respected all over the world by China, by Russia, by everybody.
And we will soon be a great nation again.
With the right leadership, every disaster Joe Biden has created can be fixed and it can be fixed quickly.
Every problem can be solved and every wrong can be rectified.
By this time next year, America's borders will be strong and sealed and secure.
Inflation will be in full retreat.
Our economy will be roaring back.
Optimism and spirit will be surging.
The American dream will be thriving again for citizens of every race, religion, color and creed.
Law and justice will reign all throughout our land.
Freedom will be restored.
The flame of liberty will be burning bright.
Joe Bright.
unidentified
This guy is just the worst.
donald j trump ▲ ● ▼
Joe Biden, the worst president in the history of our country, will be a fading Nightmare.
He'll be a fading.
I have fading memory, but I think you do mind if I change it.
He will be a fading nightmare.
He's been a nightmare for this country.
He's destroying.
He is destroying our country's the worst we've ever had.
He's destroying our country and our great silent majority, including the once forgotten men and women of our country, will be the one shaping America's magnificent future.
you when I am the 47th president of the United States.
Because we are all Americans and together we will show November 5th to be the most important
day in the history of America.
We are one movement, one people, one family and one glorious nation under God.
And together we will make America powerful again.
We will make America wealthy again.
We will make America strong again.
We will make America proud again.
We will make America safe again.
We will make America free again.
And we will make America great again.
Thank you.
Thank you.
God bless you, Wisconsin.
God bless you, Wisconsin.
Thank you.
Get out and vote.
Get out and vote, everybody.
God bless you all.
unidentified
I love you.
I'm a rockstar! I'm a rockstar!
I'm on my way for the trouble If you get caught in there, I will be your brother
Don't have to worry, I'm on top of this Don't need no big deal, I'm down here like this
I'm a rockstar! I'm a rockstar!
You got to believe President Donald J. Trump and men enjoying themselves. What
a speech.
What a beautiful, beautiful day at the Rat Sea Festival Park.
steve bannon ▲ ● ▼
Incredible.
In must-win Wisconsin, will-win Wisconsin.
I think the economist has them up to five.
Let's keep it right on there, guys.
President Trump leaving.
Massive crowd.
President Trump on point, as usual.
unidentified
What I love is that they just handed him the CBO, the Bloomberg story, all of it.
steve bannon ▲ ● ▼
By the way, what a great exit scene.
unidentified
You see President Trump, you know, working the car, you see this exit.
steve bannon ▲ ● ▼
There's Sam and Dave.
Hold on, I'm coming.
unidentified
I'm looking at my mutual experts.
steve bannon ▲ ● ▼
Amazing.
Amazing energy.
Look at that crowd.
Look at the shots that REV has, man.
Incredible.
Incredible.
Look at the enthusiasm.
Look at the age.
This movement is arising.
Just incredible.
unidentified
Look at that.
Okay.
If we start playing at Village People, you can cut back to me.
steve bannon ▲ ● ▼
Okay, we can cut to sound.
Let's say it's not my favorite.
Okay, I understand.
It's on the playlist.
Did my heart and did my damnedest to try to get a different, you know, playlist.
President Trump's got his, he's got his songs and he's got the order that he wants them.
Fantastic.
What a rally.
Middle of the afternoon.
On a work week, look at the crowd, look at the enthusiasm, look at the details.
You know, this is one thing, the mainstream media.
Oh, it's all revenge.
It's all revenge.
And, you know, they're coming after us.
It's all this, where they're sitting there and whining.
Look how many policy issues he goes through.
And these speeches, these speeches are, that was started at 20 minutes, that speech was over an hour and 20 minutes long.
Can Joe Biden do that on his best day?
That's a week's worth of speeches for him.
And virtually no notes.
I mean, they've got a little thing up on the teleprompter, but President Trump is riffing.
120 minutes and keeps people engaged the entire time.
Just absolutely amazing.
Are we going to take this break?
I'm looking at my producer.
We're going to blow this break.
We're going to take it.
Okay, I'm just checking my clock there.
That clock that says two minutes and 34 seconds.
Okay, we're here.
We're making it up as we go in the workroom.
We were going to open You know, in this audience, I'm not blaming you, but you were into it.
You know, Rachel Maddow was sad.
Mediaite's got that clip up.
Rachel Maddow was sad.
You could see the fear.
And she did, you know, we made Rachel cry.
And of course, she went right to the view and they're all crying.
I guess we'll get to that.
We'll get to that tomorrow.
In the six o'clock hour, I've got, we've got very special stuff that we've scheduled.
We've got, Some updates on Israel from the IDF very important to kind of get your sea legs with going I've asked I've asked Cleta Mitchell to come on and talk specifically She's gonna lay a number on you that shows you there's a deep state of election officials throughout the country It's it's these election commissions people have been fighting for as they get on them.
They're trying to As we take control of them, say, well, really, you're ministerial.
You don't have any power.
And that's one thing we're looking at right now.
Am I just checking with my God?
That clock is correct?
unidentified
100%?
steve bannon ▲ ● ▼
Okay, fine.
Thank you.
Rachel Maddow went on, Joy Behar, and they're whining, oh, they're going to cancel our shows.
We're going to have to leave the country.
Hey, you're not going to have any sponsors.
Your sponsors are going to say, well, MAGA, Is on the rise.
Common sense.
America has returned.
No need for haters.
If you're a hater, why would you want to sponsor their shows?
I don't think you're going to get advertised.
I don't think you're going to get sponsors.
They're going to say, hey, they hated on Trump so long.
They hated on MAGA.
They treated MAGA like the worst people in the world.
And now MAGA has got everybody coming in and wants to be a part of it.
And we saw today, we'll get in more tomorrow.
And this is why the numbers are so good, because the lived experience of the American people is so terrible economically.
Not for the elites, not for the top 1%, not for the top 5%, maybe not for the top 10%.
But the bottom 90 is hurting.
And it's hurting because you're having a crowding out of capital and And the way this is financed.
Did we not tell you on this show?
There's going to be a $2 trillion deficit, and there's going to be a $1 trillion expense, and now they're saying, oh, Banner was close, but it's only $900 billion.
unidentified
No, no, no, no, no, no.
steve bannon ▲ ● ▼
No, no, no, no.
We don't trust anything you say anymore.
Congregational Budget Office, you came out with a report, and it's a 27% increase.
Why didn't you tell us back, you know, in February, when I started ripping on you guys again?
Back in February, I started a whole new We start the new year and we're in these budget debates and you're going to have, you know, appropriations, single spending bills.
You're going to have a $2 trillion deficit.
It's not sustainable.
And the Ponzi scheme is they're financing short-term.
They're doing this in T-bills and T-notes.
This is why it's so expensive.
It keeps rolling every 90 days.
They've got to refinance more.
The Congressional Budget Office.
$900 billion in interest expense.
I hope you understand.
Take away one thing from today's show besides President Trump's magnificent speech in Racine, Wisconsin at the at the Festival Park Outdoors.
This is what's destroying future generations.
Look at your kids and your grandkids.
Every day we are condemning them To the slavery of the bond market.
And now that we're killing the dollar, and you're at the end of the dollar empire, they're not going to have the prime reserve currency to fall back on that can even get transactions done, or we can even sell these bonds.
You're going to be like Argentina.
You're going to be like Argentina.
Birchgold.com Learn everything we're talking about.
Birchgold.com slash Bannon.
The end of the dollar empire.
I guess we missed on Mike Lindell.
I guess we didn't.
We jammed.
We jammed out of time.
We took the president's speech and we needed to.
Because that is the compare and contrast.
All this is about this.
All about victory.
Total victory on on 5 November this year.
But look at the guy we've got.
Look at his energy.
Look at his strength.
Look at his sense of humor.
Look at his focus, and the common sense, and the connection with the crowd.
Biden doesn't have anything.
We had Charlie Spearing in today from Daily Mail.
They're already thinking about Plan B. Donald Trump has defeated Joe Biden, right?
They know that.
They're going to try to do a workaround.
And every institution in the imperial capital, including the Congressional Budget Office, lied to you.
Bald-faced lied.
We called them out.
Two years ago we called them out, then a year ago we called them out at the beginning of this year.
These deficits are two trillion dollars and it's going to cost you a trillion dollars a year in financing charges to finance the now almost 35 trillion you've got and the trillion dollars you're adding up every hundred days.
Okay, stick around.
Second hour is next.
We're going to get back into the programming.
We're going to go to talk to Cleta Mitchell about overall what's happening on election integrity and how they're stealing it in the state of Georgia.
Also an update on the war against the Persians and the Muslim Brotherhood in the state of Israel.
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