July 2, 2025 - Bannon's War Room
48:46
Participants
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| Speaker | Time | Text |
|---|---|---|
| Bill cuts Medicaid by $930 billion and another $285 billion in food assistance. | ||
| That snap is slashed. | ||
| It provides some $350 billion for President Trump's border and national security agenda and would increase the nation's debt limit by $5 trillion. | ||
| A number of other provisions that reflect Republican priorities also are included here. | ||
| Analysis by the Congressional Budget Office found the tax cuts would give the wealthiest households a $12,000 annual increase, but would cost the poorest people $1,600 a year. | ||
| $1,600 a year. | ||
| The CBO also estimates 11.8 million more Americans would be uninsured by 2034 if the bill becomes law and that 3 million more will not qualify for food stamps, also known as those SNAP benefits. | ||
| But who does Elon Musk represent? | ||
| He came into administration with an idea that you did the math on it, did not make any sense, which was that Doge was going to find enough savings to eliminate the debt at some point, that you could do this tax cut package and you'd find enough waste and fraud to make it pay for itself. | ||
| I was getting emails, fundraising emails from Republicans as recently as yesterday asking if I want my $5,000 Doge dividend check, another idea that Elon endorsed, saying that there were going to be so many savings, you, the American people, are going to get free money from the process. | ||
| That didn't happen. | ||
| The debt limit is being increased. | ||
| He does care about that. | ||
| Will he spend money against Republicans from the right as he's threatening? | ||
| He might, but I think he represents a lot of people who remembered the first Trump term in 2024 and remembered there were tax cuts and there were stimulus spending and there was a debt, but maybe it was worse under Biden. | ||
| And the reality of the Trump record this time is much more austere. | ||
| He is, yes, keeping the tax cuts, but people are going to get fewer benefits. | ||
| They're not getting stimulus checks. | ||
| I keep pointing to these fundraising emails, and I think it matters. | ||
| When people are asking Republicans to give the party more money, they are suggesting there's going to be free stuff coming for them down the line, and there simply isn't. | ||
| So Musk being part of that whole process of spinning that Trump is going to have no trade-offs and just benefits in this term. | ||
| If he's burnt, a lot of other people who take him seriously are going to be burnt. | ||
| That was a long time ago, and this is a different Republican party. | ||
| You know, over the past decade, Donald Trump has attracted a lot of culturally conservative former Democrats who are fiscally liberal and were never that interested in small government or spending cuts and didn't feel like they were in the game for the kind of tax cuts that came out of Washington. | ||
| And, you know, look, this bill would eliminate some tax, taxes on income from tips, taxes on overtime pay. | ||
| You'd be able to refinance your car and get a, you'd be able to finance your car and get a tax deduction if it was American-made. | ||
| But I think the ultimate answer here, Willie, and this is important, I think, to understand, is there just isn't a constituency for debt reduction. | ||
| And so on the one hand, we can and we should focus on Republicans who call themselves fiscal hawks or anybody who does and then won't stand in the way of a bill like this or fight harder, let's say, to change it. | ||
| But politicians are in the service business, right? | ||
| Ideology is their approach to solving problems or crafting legislation, but they're responsible to the voters because they want to keep their job. | ||
| Nobody is calling up no Republican voter or few. | ||
| I'm sure there's a phone booth somewhere where there are three people on the phone, but nobody's calling up Republican members of Congress demanding debt reduction, demanding smaller government. | ||
| What they're saying is protect my program. | ||
| Where's my tax cut? | ||
| And this is what voters think about, right? | ||
| The debt is just not something that's front of mind for them. | ||
| If you poll voters, they will, of course, say the government should live within its means. | ||
| Everybody thinks that. | ||
| But then when it comes time to make decisions on how to do that, everybody's pointing at their neighbor saying, he makes more money than me. | ||
| He can afford it. | ||
| I need the programs that were promised to me. | ||
| And so politicians in the Republican Party are simply more reflective of that. | ||
| And in fact, one final thing here, you know, for years before Trump, the suburban vote that was a lot more fiscally conservative, at least ideologically, was a pretty reliable Republican vote. | ||
| And that has really shifted over to the Democratic Party for many of these elections. | ||
| And so you just have a different coalition at play here. | ||
| And Donald Trump is responsive to his coalition. | ||
| Now, they may not like what they get out of this bill once it's passed and they're experiencing it. | ||
| But I think the feeling from a lot of Republicans is there are a lot of things in here the president ran on. | ||
| Voters did vote for him. | ||
| Once we accomplish something, not only do we at least have something to run on in the midterm elections, but people are going to start to feel the impact of this and the positive will outweigh the negative. | ||
| The Justice Department is aggressively moving to strip some Americans of their citizenship. | ||
| NPR reports department leadership is directing its attorneys to pursue denaturalization in cases involving naturalized citizens who commit certain crimes and giving U.S. attorneys wider discretion on when to carry out that move. | ||
| It's according to a June 11th memo published online. | ||
| NPR points out the tactic is aimed at U.S. citizens who were not born in the country. | ||
| According to 2023 figures, nearly 25 million immigrants are naturalized citizens. | ||
| Let's bring in former U.S. attorney and MSNBC legal analyst Joyce Vance. | ||
| She's a co-host of the Sisters-in-Law podcast. | ||
| In her latest piece for Substack, Joyce writes about this threat to revoke citizenship. | ||
| The great fear here is that what's going to go away is this confidence, this global confidence in the U.S., that if you lend money to the United States, there's going to be all but a guarantee that the U.S. pays you back. | ||
| And so as we see this kind of spiral and spiral as Natasha's laid out, seeds of doubt begin to get sown in the minds of investors and governments who don't see the U.S. in the same way as they saw them before. | ||
| I mean, I think that what we're being encouraged to do here is look at all of this in a very short-term way, whether it has to do with kind of temporary tax breaks that are in here when it comes to no taxes on tips, when it comes to the kind of child tax credit being enlarged a little bit here. | ||
| Again, these are kind of just extended for a couple of years. | ||
| And really the kind of larger extension of the tax bill is going to have this larger effect that's going to cause all of these problems down the line. | ||
| So, you know, you mentioned Scott Besson coming into this administration, saying getting the fiscal house in order was his priority. | ||
| There was this moment that didn't take place during the campaign, but certainly happened during the transition in the early days of this administration, where this became an issue that Republicans once again seemed to embrace. | ||
| And in a way, Elon Musk kind of exemplified that, that the rationale for a lot of these cuts was taking a hard look at government and making really difficult choices. | ||
| Well, that, of course, didn't come to pass in the way that he and his Doge colleagues promised. | ||
| The cuts that they made were nowhere near the size of what they promised. | ||
| And I think it kind of cheapened the promise that they made early on here that there was going to be an administration now in place that's going to take a serious look at these issues. | ||
| If you look at this legislation, by no means is this doing anything to kind of, again, take a look at the fiscal houses state that it's saying and make plans for the future. | ||
| This is the final screen of a dying regime. | ||
| Pray for our enemies, because we're going to make the evil on these people. | ||
| You're going to get 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've tried 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. | ||
| Ask yourself, what is my task and what is my purpose? | ||
| If that answer is to save my country, this country will be saved. | ||
|
unidentified
|
War Room. | |
| Here's your host, Stephen K. Band. | ||
| Wednesday, 2 July, Year of Our Lord 2025. | ||
| Okay, what you have now, the rule basically got only voted out of committee by one vote, seven to six. | ||
| Norman of South Carolina, who's a deficit hog, Chip Roy, obviously a deficit hog, voted no for the Republicans. | ||
| It's gone to the floor. | ||
| You would think you would be getting the, and they started yesterday at 1.30, and we played a clip of Chip, I think, asking very good questions on the 5 o'clock show. | ||
| And in fact, at 6 o'clock, we did a panel discussion and basically broke it down for the entire hour. | ||
| That went to, I think, 1 o'clock in the morning when they finally had the vote on the rule. | ||
| Obviously, they're trying to quick march this, as they should. | ||
| But they've hit a snag. | ||
| Number one, I think there are still minus 100 people that haven't gotten back because of the horrific weather around the imperial capital. | ||
| More importantly, I think there's a pretty substantial group that are even saying now they may vote against the rule. | ||
| That's a news flash. | ||
| And not even take it up. | ||
| I think there's a lot of discontent among a broad swath of people in the House as we've worked this overnight. | ||
| Just got to take people's temperatures about changes from the Senate bill. | ||
| Some of the changes for the Senate are just not acceptable. | ||
| And this deals with people are concerned about Medicaid for illegal aliens. | ||
| They want to make sure they're not a ton of loopholes. | ||
| They want illegal aliens off of Medicaid. | ||
| Obviously, Medicaid is a huge, contentious issue. | ||
| We've got to make sure because of the lack of good jobs and lack of health insurance that the working class in this country and even the lower middle class make sure that they've got access to something. | ||
| At the same time, you've got to cut the fraud. | ||
| You've got to cut these able-bodied folks on there. | ||
| And now it doesn't start till December of 2026 when they have to start checking in. | ||
| It just didn't put enough hammer in the Senate bill. | ||
| And when they say, but they're throwing people off Medicaid, remember, those people are not eligible for Medicaid. | ||
| They're not throwing anybody off. | ||
| If you're not eligible, you're not eligible. | ||
| The eligibility requirements should be stringent. | ||
| This is a program to help people, particularly since we shipped all the great jobs overseas. | ||
| But you've got to have rules. | ||
| And this gets back to the Elon Musk of it all. | ||
| Elon Musk screwed this administration and screwed the president as badly as you can. | ||
| And hey, for all you fanboys out there that were up in my grill, oh, you're so, why are you so negative? | ||
| Because I told you he was a total phony and a fraud. | ||
| And now we're in a situation they all depended upon, you know, the Pied Piper. | ||
| He's the Pied Piper. | ||
| He suddenly went to the Capitol Hill and the House side. | ||
| They're all running up to the microphone. | ||
| Elon, can you please save us? | ||
| Can you please save us? | ||
| No. | ||
| We have to save ourselves. | ||
| And that's why there's legitimate, I think, concern about some issues coming from this Senate bill that people are going to want to delve into. | ||
| Now, it's a pretty radical step to vote down the rule. | ||
| That means the Republicans are saying we don't have our House in order. | ||
| I also don't want to bring up an unpleasant topic, but Speaker Johnson made a hardcore pledge that to get the votes the first time, because remember, we barely passed this thing in the House. | ||
| We passed it by the vice president broke the tie yesterday. | ||
| We essentially had a tie vote in the Senate that votes vice president. | ||
| Can break a tie. | ||
| He broke a tie. | ||
| So we didn't even really get the Republican majority, the 5347, to vote for this yesterday. | ||
| Understanding there's tons of rhinos there. | ||
| That's one of the problems. | ||
| The House was the same situation. | ||
| We barely got it passed by a couple of votes. | ||
| So you can lose very few people. | ||
| Johnson made an ironclad pledge that we need to hold him to. | ||
| He told the people in the House to get that vote, that this is the framework that the final bill is going to be. | ||
| You have to take my word for it. | ||
| I'm going to hammer it through. | ||
| And we find out during the Senate process, they didn't even keep him in the loop. | ||
| It was an open secret and then broke in the media. | ||
| I think even some of his people admitted it. | ||
| The Senate leadership didn't even come back to him, didn't ask his opinion, just going to do what they're going to do because they're the Senate, they're the House of Lords, and the House is the House of Commons. | ||
| Didn't even keep him in the loop. | ||
| And so there are a number of members that are outraged by some of the changes that were made by the Senate. | ||
| And you heard Dave Walsh yesterday. | ||
| President Trump has been adamant. | ||
| The Green New scam, and this started back years ago in Obama with bailing out all the venture capitalists that put their money into, all Democrat and all progressive venture capitalists that put their money into these Green New Deal scams, decarbonization. | ||
| It's all a con. | ||
| It's all a scam to enrich themselves. | ||
| And Dave Walsh said yesterday, hey, President Trump and admin all comes out. | ||
| It's not only not all out, he thinks it could actually hurt the electrification process and project to get enough electricity to support the data centers for AI, to support a lot of this post-industrial economy, and just the basic manufacturing economy. | ||
| If you look at everything that's moving back here, the reshoring, the investments, which all gets baked into the 2.8% to 3.5% growth, which is we're going to grow our way out of here, of which I might note, and I'll read it when we get back. | ||
| The president put out a true social day. | ||
| You know what the headline was? | ||
| Growth. | ||
| You heard that somewhere? | ||
| That's the way this thing's got to be sold. | ||
| The president went all in. | ||
| This is about growth. | ||
| His supply-side tax, his supply-side program here is about economic growth, getting us out of the doldrums, getting us out of 1.5 to 2% growth, 1.7%. | ||
| America doesn't work when the growth is under 2%. | ||
| President Trump averaged 2.8% in his first three years of his administration before the Chinese Communist Party unleashed a bioweapon on him. | ||
| And I hate to say I had to remind the economists at the Treasury Department. | ||
| The fourth quarter of 2019 was 3.4% where President Trump, everything started to click in like his plan is today. | ||
| But it's got to be sold. | ||
| And right now, it's very contentious. | ||
| This is going to be a heated couple of days, folks. | ||
| We're going to be here nonstop. | ||
| I'm not feeling that we're going to be signing a bill on July 4th. | ||
| The reason is if there's any changes, it's got to go back to the Senate. | ||
| And that's what people are saying. | ||
| The Senate's out of town. | ||
| They've gone. | ||
| So basically sign what you got. | ||
| Let's get to the president's desk. | ||
| A huge fight in the Imperial Capitol. | ||
| We're going to cover it wall to wall. | ||
| Short break. | ||
| Back in a moment. | ||
|
unidentified
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In America's home. | |
| Here's your host, Stephen K. Matt. | ||
| Okay, before we get to the nitty-gritty and the grind of the House and the rules and all that, because we're going to have, I think, Chip Roy is going to join us. | ||
| Hopefully, Eli Crane. | ||
| We've got E.J. Antoni is going to join us, go through the math. | ||
| As we said, President Trump put out this great true social just a little while ago. | ||
| Growth is the headline, wherever you heard that. | ||
| I'm going to read the entire thing to you in a little while. | ||
| But right now, we're joined by Ambassador Monica Crowley from Blair House. | ||
| Ambassador, tomorrow kicks off really the beginning of the 250th anniversary celebration of the formation of the United States. | ||
| And you're going to do it in Iowa. | ||
| You're going to be the Real America's Voice. | ||
| We're honored. | ||
| It's going to be producing the entire production. | ||
| And we're going to be live from 3 p.m. Eastern Daylight Time to 10 p.m. or later with an entire crew out there, staff, anchors, all of it tomorrow. | ||
| Can you tell us why are you kicking off the day before, 4th of July? | ||
| What's the purpose of this? | ||
| And tell us about the whole 250 celebration that we look forward to. | ||
| Well, thank you so much, Steve. | ||
| It's always great to be back with you from beautiful historic Blair House. | ||
| I'm actually sitting in the Lee drawing room. | ||
| This is the location where the Blair brothers offered Robert E. Lee the commission to lead the Union Army, which he declined because he was from the South. | ||
| There's also a room here called the Lincoln Sitting Room where I spend a lot of time communing with Abraham Lincoln because he used to retreat here just to think. | ||
| He'd build a fire and he'd just think about executing the Civil War. | ||
| So this place has incredible history and I'm so blessed to be here. | ||
| I'm also blessed, Steve, to be the president's representative for all of these major U.S. hosted events over the next three and a half years. | ||
| America 250, of course, plus the FIFA World Cup next year and the 2028 Olympic Games in LA, which President Trump heroically brought to the United States. | ||
| So we're kicking off America 250. | ||
| This is America's 250th birthday. | ||
| An extraordinary, pivotal moment in our history and really an inflection point, Steve, because as you know, it's often been said by historians and others that great civilizations usually only run about 250 years before the decadence and the corruption and the decay set in and implode those societies and those civilizations. | ||
| America is going to prove to be the exception to the rule, and it's largely because of the greatest president we have seen, certainly in modern history, and that is Donald J. Trump. | ||
| So it is such a gift, Steve, to have President Trump in the White House during this America 250 celebration. | ||
| We are kicking it off tomorrow at the Iowa State Grounds in Des Moines, Iowa. | ||
| It is going to be a massive celebration right there in the heartland. | ||
| I am dying to get out of the swamp. | ||
| I think the president can't wait to get out of the swamp and really celebrate America right smack dab in the middle of the country. | ||
| It is an evening event, although if you're in Iowa or if not, you want to get to Iowa for this event, America250.org has all of the information about tomorrow's event and all the events that we have planned, both nationally and in all 50 states and U.S. territories. | ||
| But tomorrow's going to be centered on kicking off one full year of celebration of America's founding and the brave sacrifice, the courage that it took for that genius cluster of the founding fathers to stake their lives, their fortunes, and their sacred honor on creating a country from scratch and giving us the greatest governing system based in human freedom that the world has ever known. | ||
| So tomorrow we're going to celebrate with dazzling displays. | ||
| We've got live musical acts at the Iowa State Fair. | ||
| I'm going to be speaking before the president takes the podium. | ||
| And then of course our big headliner, President Trump. | ||
| Ambassador, let's go back. | ||
| We're starting in Iowa because it's the heartland of the country. | ||
| And America's like entrust Iowa. | ||
| This is why they have the Iowa Caucasus first. | ||
| People have a lot of faith in the common sense and kind of the basically patriotism and grit of folks from Iowa. | ||
| Is that why we're kicking off in the heartland for that reason? | ||
| Yes, one of several reasons, yes, because it is the heartland. | ||
| It is the center of the country. | ||
| It's the salt and earth of America. | ||
| Iowa is full of Americans who actually make this country run every single day. | ||
| So we wanted to launch it there. | ||
| And of course, the president, as he has said many times, including recently, the president has a special affinity for the state of Iowa, which has been very good to him electorally over the last 10 years. | ||
| And he is close to the governor, Kim Reynolds, in Iowa as well. | ||
| And he also loves the Iowa State Fair. | ||
| And he has talked about it for years. | ||
| He has visited many times before. | ||
| And he's actually said later this summer he intends to go back to the Iowa State Fair. | ||
| So it has a special place in his heart as well. | ||
| Wow. | ||
| Walk us through. | ||
| So a year from Friday will be the 250th. | ||
| Just give us the big moments that you all are looking for and to commemorate this historic. | ||
| Like you said, there are not many republics that have lasted for a quarter millennium. | ||
| That's right. | ||
| I can think of maybe the Roman Republic and the American, and that's it. | ||
| Walk us through just the big moments that you guys, as you look out now, are planning on. | ||
| Yeah, sure. | ||
| So let me begin by Friday. | ||
| So this is tomorrow in Iowa. | ||
| And then on Friday, we're back in the swamp. | ||
| We're back in Washington, D.C. And we're going to have a massive celebration on the mall with the traditional fireworks, of course. | ||
| But one of the things that President Trump is going to do is he's having the bomber pilots that flew the mission into Iran for 36 hours with a huge, massive success. | ||
| He's having those pilots as his guests to the White House on Friday, July 4th. | ||
| And we're going to do a very special flyover that night as well of the planes, the bomber planes that were used in that mission. | ||
| So the B-2s, the F-22s, and the F-35s will be flying over Washington, D.C. So if you're in this area, please come out and see us again, America250.org, for all of those details too. | ||
| And then looking ahead for the next year, Steve, I don't want to get too in front of the president and his announcements of what we're thinking about and what we have planned, but we had this magnificent, really important Army 250 parade, which was phenomenal. | ||
| We're looking at Navy 250. | ||
| We're looking at Marines 250. | ||
| We have those important milestones coming up. | ||
| Look for something on New Year's Eve. | ||
| We're not ready to announce anything quite yet, but New Year's Eve going into 2026. | ||
| And then starting in January, each state has their own programming because they all have their own 250 commissions. | ||
| So there will be things happening in all 50 states and U.S. territories. | ||
| And again, you can go to the website, America250.org, to find out what is planned and what's happening in your neck of the woods. | ||
| You don't have to be in the swamp in Washington to celebrate. | ||
| But what I can tell you, one very specific thing, actually two. | ||
| First is back in the bicentennial in 1976, they did this extraordinary thing in New York Harbor, which I believe is the deepest harbor in America, and it can accommodate really substantial ships. | ||
| So what we're doing is something called Sail Forth for America 250, and we are doing once again, as we did 50 years ago, the tall ships parade around the island of Manhattan and then up the Hudson River. | ||
| So far, we have well over 40 foreign nations that are going to send a tall ship for this parade, and it is going to be magnificent in New York Harbor next July 4th. | ||
| Also, I want to make mention that the FIFA World Cup, the final is also happening next July. | ||
| So next July is going to be wild and so exciting in America. | ||
| But there is a FIFA World Cup match being played in Philadelphia on July 4th next year. | ||
| So Philadelphia is also going to be a real center of all of this activity. | ||
| So those are a couple of things that I can tease you with that are coming up over the next year. | ||
| But rest assured, President Trump is, this means so much to him personally. | ||
| It means so much to me. | ||
| It means so much to you and the war room audience to celebrate America's leadership, strength, pride, patriotism, and purpose. | ||
| President Trump is all about making America great again. | ||
| And you know what, Steve? | ||
| In many ways, the MAGA generation is the natural heir to the Revolutionary War generation. | ||
| And Donald Trump is a direct heir of the founders American spirit. | ||
| This is what it's all about. | ||
| So what a gift it is to have President Trump as president right now to celebrate America's birthday. | ||
| As we said, it's so providential that they stole the second one so he could come back and historically take the third one and now serve on so many historic things. | ||
| Last thing. | ||
| I've only got a minute. | ||
| Your primary job is head of protocol. | ||
| The question, how do you find time for that when you're juggling 10? | ||
| I know President Trump always gives something more to people get things done, but how do you actually get the protocol job done? | ||
| Yes, and that is a huge portfolio. | ||
| So as Chief of Protocol of the United States, I and my very talented team, I've got an extraordinary team here at Protocol. | ||
| This is a massive team effort. | ||
| We manage all of the presidents, the vice presidents, and the secretaries of state's diplomatic engagements. | ||
| So whenever there's a foreign delegation that arrives in the U.S. for meetings, it is me and my extraordinary team handling all of that. | ||
| The bylaws, the world leader meetings, anytime we have a leader visit, I am handling that. | ||
| My team is handling that. | ||
| So it is a very full portfolio. | ||
| Next week, we have Prime Minister Netanyahu coming in on Sunday into Monday for a meeting with the president. | ||
| And then later in the week, we have five African presidents coming in to see the president for very important discussions about that continent, China's influence, America's counterinfluence in Africa. | ||
| So very important things happening. | ||
| And you know what, Steve? | ||
| I have to learn not to enjoy free time because I have none anymore. | ||
| Ambassador, what's your social media so people can follow you? | ||
| Yeah, sure. | ||
| At Monica Crowley on X, on Instagram, at Monica Crowley underscore. | ||
| Please check me out there. | ||
| And of course, on TrueSocial at Monica Crowley. | ||
| We'll see you tomorrow in Iowa. | ||
|
unidentified
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Thank you, Stephen. | |
| Ambassador Monica Crowley. | ||
| Thank you, ma'am. | ||
| From the Blair House, the historic Blair House. | ||
| Short commercial break. | ||
| We're going to get all this up so people know where to go in Iowa. | ||
| If you want to attend Real America's Voice producing, back in a moment. | ||
|
unidentified
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Here's your host, Stephen K. Mann. | |
| Okay, welcome back. | ||
| We'll have a lot more on the event in Iowa. | ||
| Real America's Voice is going to produce, and very proud of that. | ||
| Brian Glenn will be there. | ||
| Whole team. | ||
| You'll have anchors, all of it from 3 p.m. to 10 p.m. tomorrow. | ||
| It's going to be extraordinary. | ||
| That's Eastern Daylight Time. | ||
| Congressman Chip Royce, Congressman, there's all kind of Twitter's on fire right now. | ||
| There's all kinds of descriptions of people saying, hey, the rule vote was supposed to be 11 o'clock. | ||
| Of course, people are straggling in, but it could be kicked at early afternoon. | ||
| But there are up to 25, maybe plus Republican members that are not even ready to vote for the rule yet. | ||
| This is pretty controversial. | ||
| You can't get a rule vote to get it to the floor to even start debating. | ||
| So can you walk us through exactly where we stand, sir? | ||
| Yes, Steve, great to be on. | ||
| First of all, let me level set because I know your audience is such a great patriotic group of folks that want to support what the president is doing and that to advance the MAGA agenda. | ||
| And I think that President Trump is looking for us to deliver on what he campaigned on. | ||
| And this is where the crux of the problem is. | ||
| There are those of us in the House that are reviewing the bill after it came through the Senate, and we believe it falls short. | ||
| We believe that it will create too much spending, and that is too much in the way of deficits over the next four or five years in particular, with backloaded savings and more deficits up front. | ||
| We believe that it gutted our changes to the Green New Scam subsidies such that there won't be an effective termination of the Green New Scam. | ||
| We believe that it continues to allow, for example, illegals to be able to get Medicaid. | ||
| There are other things I could go through a laundry list if you want me to. | ||
| But I think the bigger question you're asking is, where are we? | ||
| And I think you've noted that the president and some of his great supporters, all good friends of mine, friends of this show, like Russ Vogt, the Treasury Secretary, Scott Besant, great folks that we've been talking to on a daily basis. | ||
| They believe the answer is that the president is going to produce growth and revenue through tariffs that will make up the shortfall that this bill produces in the form of deficits. | ||
| Look, I'm sympathetic to those guys. | ||
| They're my friends, and I believe in the president, and I believe in his agenda. | ||
| But I think we have a responsibility in Congress to level set what we're doing with the spending restraint that is necessary for growth. | ||
| And final point on that. | ||
| You've got Malay down in Argentina. | ||
| They got 5.7% growth. | ||
| How do you think they got that? | ||
| They got that by wiping out their version of the swamp, by cuts and deregulation. | ||
| I think Congress has to step up to the plate and deliver for the president. | ||
| That's what we're trying to do. | ||
| We hope to meet with the White House today. | ||
| We had a meeting with the speaker until five minutes ago. | ||
| I'm looking up the clocks. | ||
| There's a vote that I got to go vote here in a second on a procedural move. | ||
| Democrats are insane. | ||
| Republicans have put together a product that has a lot of good pieces to it, but it's falling short in my view. | ||
| I want the green new scam deal fixed, and I want us to get to the place where we're honoring our commitment to reduce deficits. | ||
| If we can do those things, amend it and send it back to the Senate, then we can deliver for the president, in my opinion. | ||
| I know you've got to bounce in a second. | ||
| We'd love to get you back when you're free because we think that this audience will be critical in actually making something happen like they did on the artificial intelligence part yesterday. | ||
| Here's a, you know, I don't normally just go to the politics, but the reality is we couldn't pass this in the Senate. | ||
| J.D. had to come down as VP and kind of break it with the constitutional tiebreaker. | ||
| The Senate is the problem. | ||
| And you can see the things replete with things that not only President Trump didn't run on, but are outrageous. | ||
| We had Dave Walsh on here for 30 minutes last night, our energy expert, saying the Green News scam is actually undercuts and chop blocks President Trump's ability to get to the 2.8 to 3.5 percent growth. | ||
| But this has come in from the Senate. | ||
| How do you just on the politics? | ||
| Let's say you make the changes you want to make. | ||
| Then it goes back to the Senate. | ||
| We start the process all over again. | ||
| And I'm not saying, hey, it's got to be done by Friday or it has to be done by mid-July, but just the reality that you have such a rhino and donor-owned Senate. | ||
| How do you ever anticipate with all the good intention you got and the good cuts and things like that? | ||
| How do you even anticipate it getting passed? | ||
| We barely got this pass. | ||
| In fact, we had to use the vice president of tiebreak on something that's not, you know, is suboptimal, sir. | ||
| Well, that is the legitimate question. | ||
| It's the one we're having conversations with the White House about because we want to deliver. | ||
| Here's what we believe, Steve. | ||
| And I think you know this. | ||
| The pressure cooker in Washington, in the swamp for tax cuts is really high, right? | ||
| K Street, everybody in town is wired to deliver on tax cuts. | ||
| There is nobody in this town that is turning up the pressure to deliver on the spending restraint and on the reforms to things like the Green New scam. | ||
| K-Street got involved. | ||
| And let's just take that for a minute. | ||
| Late night on Sunday, I think it was, they had something They were trying to work out to get this through. | ||
| JD obviously came in and broke the tie. | ||
| They did what's called a wraparound amendment, which is what they did to basically pull it all together. | ||
| And in doing that, they didn't run any of it by the good guys like Rick Scott or Mike Lee or Ron Johnson or Rand Paul or anybody else. | ||
| What they did was they jammed in the provision that guts the green new scam reforms that we put in place. | ||
| They did that as a giveaway to a couple of senators who weren't fond of what we were doing to undo the green new scam, which by the way, the president campaigned on. | ||
| The House delivered about a 55 or 60 percent termination of the green new scam. | ||
| The senate wanted to water it down. | ||
| We fought it back. | ||
| Mike Lee and others fought it back. | ||
| But then last minute, 11th hour, right before the vote, they jammed that provision in there. | ||
| That was the deal killer for me, Steve. | ||
| I was wobbling because, you know, I didn't think it did enough on deficits, but I want to deliver for the president. | ||
| The Senate sucks. | ||
| We need to get the tax cuts. | ||
| We need to get the border money. | ||
| We need to support what Miller and Homan and the guys are doing. | ||
| I'm all on board and I'm giving a lot of deference. | ||
| But I got everybody to understand. | ||
| I had already given and given and given over the last six months that we're not doing enough on cuts. | ||
| We're not doing enough to meet the moment on the mandatory spending. | ||
| We're not doing what Malay is doing in Argentina because Congress is too freaking gutless and cowardly. | ||
| The president's leading and we need to meet the moment. | ||
| In my view right now, to answer your question, we don't need to redo the whole bill, amend it, take the version we already passed out of the House, put our Green New Scam language in there, make some modifications to meet the framework that we did to keep deficits, you know, keep it deficit neutral, | ||
| and then make a few other tweaks and send it back to the Senate, and then dare Murkowski or dare some of these guys to jam the president's agenda when what we're doing is try to do exactly what the president wants, terminate the green new scam, have a deficit neutral approach to tax and spend policy, and then let's call the question. | ||
| But I'm not going to get rolled on the policies that Texans care about, which is ending the Green News scam and not racking up more deficits. | ||
| What about the loopholes, this thing on Medicaid for illegal? | ||
| Senator Schmidt's telling us 1.4 off, but I think there's other ways. | ||
| We're not ironclad. | ||
| I just don't know how we do Medicaid cuts for working class Americans and still allow any chance at all that an illegal alien could get Medicaid. | ||
| Is that one of the things that you're going to try to tweak as you go back to the White House? | ||
| 100%. | ||
| I wasn't going through my whole list, although I mentioned it earlier. | ||
| Let me explain this because your audience is the most educated of any of the audiences out there. | ||
| So it is already unlawful for Medicaid to go to illegals, right? | ||
| You're not supposed to do it. | ||
| But they backdoor into it. | ||
| And we've got reports showing that millions get Medicaid. | ||
| So what did we do? | ||
| In the bill, there's a section, I can't remember the number, section 7.1, blah, blah, blah. | ||
| And it does tighten it some. | ||
| It puts some teeth into it. | ||
| The CBO scores it is saving $5 or $6 billion. | ||
| So Senator Schmidt is not wrong. | ||
| There's language in there that makes it better. | ||
| And we fought for that in the House and the Senate's got it. | ||
| But the one thing we did in the House, and this is important, and it's a part of the Medicaid scam, right? | ||
| You and all your viewers and all of us want to make sure the vulnerable for whom Medicaid was created and working class Americans, they get the ability to go get health care. | ||
| But we don't want the able-bodied, the scammers to get it. | ||
| We don't want insurance companies and fat cats to get rich on the back of this program. | ||
| So here's how it works. | ||
| The fact is you take some of that money, the state money, they'll go spend it on illegal aliens. | ||
| They won't use the federal money, which they're prohibited from doing, but they'll use their state money, but they'll still claim all of the provider tax dollars and the FMAP matching dollars and use that to fatten their coffers. | ||
| So they end run the restrictions. | ||
| In the House bill, we said you're going to lose your federal match if you continue to provide Medicaid to illegal aliens. | ||
| And so, you know, California, for example, the Senate stripped that out. | ||
| They hid behind the parliamentarian, but they didn't fight hard enough to keep it in and they didn't rework the language so that we can guarantee that those federal dollars don't flow to states that give money to illegal aliens. | ||
|
unidentified
|
I hope that's clear. | |
| Chip, are you in the contingent going to go over to the White House before the rule vote or after the rule vote? | ||
| Because I would strongly recommend you go before the rule vote, right? | ||
| To lay it on the table and give the president really directionally where you guys are trying to go and how actually you're trying to support his agenda that was stripped out in the rhino and donor controlled and K-Street controlled lobbies controlled Senate, sir. | ||
| So I'm supposed to be heading up there right now. | ||
| Once I finish with you, I got to go vote and then I got to hop in a car and head over to the White House and hopefully meet with the president or his folks or both. | ||
| We're all there to support what we're trying to do, support the MAGA agenda, support the president, but we've got to make sure that this Congress isn't rolling us or the president's agenda. | ||
| We can't have more deficits and we can't have the Green New scam continue with those subsidies. | ||
| They're going to kill the American energy in addition, frankly, our environment as well. | ||
| I mean, I don't want to see solar farms and wind farms and battery facilities all over the Texas Hill Country and all over Texas. | ||
| So we got to go stop this stuff and go get knowing the president. | ||
| I would strongly recommend, Chip, if you would say, Mr. President, you can get the fourth quarter of 2019, you had the economy clicking at 3.4% growth, which would be a home run here and turn everything around. | ||
| Some of these provisions in here make it impossible, particularly the Green News scam and the mega, make it impossible for you to hit your growth target. | ||
| President Trump's about growth, and I think the Senate has hid from him, as we had Dave Walsh yesterday, how what they stripped out is going to hurt the ability to get north of 3%. | ||
| And the president's looking for 4% or 5% growth, which is all doable if we get his bill right. | ||
| So, Chiproy, go with God. | ||
| Good luck with the White House with the President. | ||
| God bless, Steve. | ||
| Appreciate y'all. | ||
| Thank you. | ||
| I'm going to read. | ||
| I think I've got it. | ||
| I want to read President Trump. | ||
| As you've heard on this show, and why did we do this? | ||
| We did this for the simple reason is to understand what President Trump is doing, to understand what President Trump is doing, you've got to focus on growth. | ||
| Let's go to the first one. | ||
| Nobody wants to talk about growth, which will be the primary reason that the Big Beautiful Bill will be one of the most successful pieces of legislation ever passed. | ||
| This growth, all cap, has already begun at levels never seen before. | ||
| Trillions of dollars are now being invested into the United States more than ever before. | ||
| Likewise, hundreds of billions of dollars in tariffs are filling up the coffers of the Treasury. | ||
| The tariff money has already arrived and setting new records. | ||
| We are growing our way out of the sleepy Joe Biden mess that he and the Democrats left us, which is happening much faster than anyone thought possible. | ||
| Our country will make a fortune this year, more than any of our competitors, but only if the big beautiful bill is passed. | ||
| As they say, President Trump's been right about everything, and this is the easiest of them all to predict. | ||
| Republicans, don't let the radical left Democrats push you around. | ||
| We've got all the cards, and we are going to use them. | ||
| Last year, America was a dead nation with no hope for the future. | ||
| And now it's the hottest nation in the world. | ||
| Make America great again. | ||
| The entire bet, as we have talked in this show now for two years, in particular when Scott Besson became a regular contributor, this is a supply-side tax cut. | ||
| It's the last time you're going to have a shot to have a supply-side solution to our problem, which is about productivity and production and applying capital to manufacturing and to high-value added jobs. | ||
| And now I think the administration is focused on how you sell this, growth. | ||
| What I think is important today with the House is explain to President Trump, as Dave Walsh did last night for 30 minutes brilliantly, there are aspects of the Senate bill that K Street put in for their own benefit, the lobbyists, that may hurt or going to be a speed bump to the growth. | ||
| That'll all be explained today. | ||
| They're going to the White House before the rules vote. | ||
| That's pretty big, folks. | ||
| We'll explain it all to you next in the war room. | ||
|
unidentified
|
We rejoice when they're loan war. | |
| Let's take down the CCB. | ||
| Here's your host, Stephen K. Baff. | ||
| Now, there's greater than a zero probability. | ||
| President doesn't want to hear it. | ||
| We'll see. | ||
| I think it's very smart to go up there before the rules vote, because I think it's to lay out to the president what the issues are and what they hope to accomplish. | ||
| Like I said, we didn't pass it in the Senate. | ||
| JD had to come down for that extreme when the vice president comes down to break a tie. | ||
| We did pass it, but it took the VP's vote, someone who's president of the Senate, but not technically a senator. | ||
| He's vice president of the United States. | ||
| Why was that? | ||
| You had the folks that wanted more cuts, and then you have, obviously, you always got the Murkowski problem and the Collins problem and all that. | ||
| So any changes whatsoever, the guys in the Senate would say, well, we can't do this. | ||
| If you remember the Voter Rama, the Voter Rama stayed open forever. | ||
| Why? | ||
| On amendment after amendment, normally these things go bang, bang, bang. | ||
| They were gathering votes to see what they could pass at any one point in time. | ||
| This is why I'm so proud of one of the most egregious things in here. | ||
| And this is how the swamp works. | ||
| This is how K-Street works. | ||
| This is how the tech brolegarts, they slipped in one of the most radical ideas ever to really crush not just states' rights, but the whole concept of federalism on, I would argue, if not the most important topic really of the day, one of the most important topics as we hurdle towards the singularity, really the whole, you know, more than a millennial change, a change of forever from Homo sapiens to Homo sapiens 2.0. | ||
| That is coming. | ||
| We're hurtling towards it. | ||
| And that's what we stopped the other day. | ||
| You stopped it. | ||
| 991. | ||
| And it was so toxic. | ||
| Not one damn senator that was up, not one senator, including Ted Cruz, who had done the bidding of big tech, wanted to be near this thing because they realized the toxicity in doing re-election and actually having to take in the side of the tech brolegarchs, all for more power and money for them. | ||
| That's all it is. | ||
| And you bring up the thing, oh, about China. | ||
| Well, the tech brolegarchs are helping to arm China. | ||
| Sequoia Capital and these venture capital firms are in business with the Chinese Communist Party. | ||
| Don't let anybody fool you here. | ||
| We're adults. | ||
| We see what's going on. | ||
| Just had the situation with Ray on the mail-in voting, on the suppression of information about the Chinese Communist Party when he's out there saying, oh, it's the biggest thing in the world. | ||
| The black hand of the Chinese Communist Party is all over the imperial capital, all over the imperial capital, as many other foreign governments. | ||
| The Qatar, I mean, Qatar has done, I think they put $100 billion into America, into people associated with America, prominent people in America, et cetera. | ||
| And Qatar has a, Qatar's got a lot of stroke from a country that was almost taken over in June of 2017 by the UAE and Saudi Arabia. | ||
| They've had quite a comeback. | ||
| I think they savvied up and said, hey, we need some allies in Capitol Hill. | ||
| My point is that this is an open bazaar of foreign influence corruption and influence peddling. | ||
| That's why this was so important yesterday. | ||
| Now, the president must say, hey, look, if this has to go back to the Senate, this thing could take months. | ||
| And, you know, he may not be wrong. | ||
| And if he wants it buttoned up, particularly securing the permanent nature of the tax cuts, he may tell these guys, look, I hear you, but you just got to get on this bill. | ||
| I just want it done. | ||
| So this is a very big meeting that's going to take place. | ||
| Chip Roy and others, I think Andy Harris, other members of the Freedom Caucus. | ||
| Speaker Johnson, once again, and this is where you're going to have problems when these guys over promise, they make these commitments, you come back on something. | ||
| He made a commitment to people in the House. | ||
| If this doesn't come back in the exact framework that we've laid out, I will resign. | ||
| So where's the resignation? | ||
| Where is that if this goes crab sideways? | ||
| Because right now people have legitimate concerns. | ||
| The wraparound is this thing at the end where the leader puts up, and we were quite concerned when we were fighting the fight on the artificial intelligence. | ||
| At one time early on, we had like nine votes. | ||
| And our fear was if we won this because we could come up with five or six or nine votes that K Street and the tech brolegrims in the wraparound would basically put it back in because that's how this works. | ||
| That's how the Green New scam, which they totally took out, got put back in. | ||
| That's why some of the stuff on Medicaid even, I think, got put back in, although some of that was a parliamentarian in the Senate hiding behind the parliamentarian. | ||
| But when you go 99 to 1, you're kind of bulletproof. | ||
| And it also shows you how toxic this was. | ||
| We've got EJ and Tony's going to be here. | ||
| As we've recommended to the White House and Secretary of Treasury, there's a lot of positive in this bill. | ||
| The things that are positive, the most positive, is a well-thought-through growth strategy that deals with everything from deregulation and deconstruction of the administrative state to the security and the sovereignty of the United States on the border and also deporting illegal aliens and stopping any more from coming in and competing with particularly low-skilled workers for jobs. | ||
| There's a whole, there's a very complicated section, a whole thing about commercial relationships. | ||
| There's so much here that's positive. | ||
| Energy, you know, going back to full spectrum energy dominance that has to be put together and bundled and sold. | ||
| When the American people understand that, they go, okay, I got it. | ||
| It's a growth strategy. | ||
| And your growth strategy is to get to not the 1.75% or under 2% that the IMF says and CBO says everybody's kind of down on America because they look at this as a static process. | ||
| If you look at the dynamism of it, and you can connect the dots and make hard linkages, not pie in the sky, because President Trump had 2.8% growth in the first term. | ||
| But most importantly, he started to hit on all cylinders in the fourth quarter of 2019 when it all started to come together. | ||
| He had 3.4% growth in that fourth quarter. | ||
| This makes this thing very sellable. | ||
| And Scott Bessett and Russ say we're going to execute on it. | ||
| But that has to put forward to the American people. | ||
| They have to understand it. | ||
| Otherwise, you're just going to get hammered by the messaging the CBO says it's, you know, these big deficits run up. | ||
| Also, the technical argument, which they're correct on, you're making structural changes that benefit in the out years is too technical for people. | ||
| It's just lost on them. | ||
| And it's five, six years out. | ||
| All he has is try to sell it. | ||
| I don't think people get it. | ||
| I don't think they can take it on board. | ||
| I don't think it has the impact of talking about the vitality of unlocking the animal spirits now and what is the best of American capitalism. | ||
| And that is the core of this supply-side cut. | ||
| And we're going to have E.J. Antony. | ||
| We'll have a lot more people. | ||
| I think we're going to get to Secretary of Treasury Scott Besant this afternoon. | ||
| We're trying to book that. | ||
| We're trying to organize that right now because I think these are the key things. | ||
| Okay, what is happening? | ||
| What is happening is that Chip Roy and others are going to head up to the White House to have a meeting. | ||
| I think the rules votes postponed right now are delayed, and they'll get to that later. | ||
| So it's a lot going on in the Imperial Capitol, and it all ties to the biggest legislation package in many, many years and kind of the centerpiece of President Trump's legislative package, his tax cut and his spending cuts. | ||
| Short commercial break. | ||
| The second hour will be on fire. | ||
| We'll get into all of it. |
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