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July 13, 2022 - Sean Hannity Show
36:27
Electric Cars Aren't Realistic - July 13th, Hour 1

Most Americans can't afford a $60,000 electric car... the latest economic numbers are rolling in and Sean reminds us why we need energy independence and how disconnected the Biden Administration is!See omnystudio.com/listener for privacy information.

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They're in a situation where they're having trouble because of my imposition of uh uh the diversity of this community, as distinct as the Bogadaz of the Bronx, as beautiful as the blossoms of Miami, and as unique as the breakfast tacos here in San Antonio.
Freedom is back in style.
Welcome to the revolution.
Yeah, we're coming to your city Gonna play our guitars and sing you a country song Sean Hannity.
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America trapped behind enemy lines.
Day number three, thirty-three.
And day three forty-six, since your president promised he wouldn't abandon Americans behind enemy lines, and yet there they are, there they remain, their green card holders remain, there are Afghan allies remain, and there's about eighty billion dollars in some of the most sophisticated military weaponry ever made.
It's still there too in the hands of the Taliban that won't let women uh go to work and girls go to school.
Good job, Joe.
Um, all right.
The obvious first.
The inflation rate, now this is the highest number.
Uh even with record after record shattered by Joe Biden month after month.
Now we have inflation soaring to 9.1% annually.
You can see the price of gas is more than doubled.
Uh you can see what's happening, you know, for everything you buy in every store that you go to.
You see the price of heating and cooling your home this summer, especially cooling it, not cheap anymore.
And all of this was preventable and all of it's fixable, but none of it's gonna happen because Joe's on his way to the pariah nation, as he called it of Saudi Arabia, and meaning the murdering crown prince that he accused of murder of journalist uh Jamal Khashoggi.
And and where are we?
How how's this work?
How is this new Green Deal radical socialism working out for you?
How's this Bernie Biden manifesto?
You know, how's it manifesting itself in your life?
Because the average American, when you look at the numbers and in real life terms, if you drive a car to and from work, you're likely to pay an average of two grand more a year just in gas prices alone compared to last year.
With this increase now of nine point one percent.
Remember, back in December, Joe Biden was out there saying, no, no, no, this uh we'll we've the worst is likely behind us.
And before that, it's transitory.
None of none of which turned out to be true because none of them know a thing about the economy.
Steve Moore will join us later in the program.
And they did an analysis of sixty-two officials in the Biden administration, Starting with the president himself, including every cabinet member, every regulatory official, White House advisors, and what they found is 62% of Biden appointees who have to deal with economic policy, regulation, commerce, energy, and finance have virtually zero business experience.
Only one in eight has extensive business experience.
The average business experience of a Biden appointee is 2.4 years.
Quite different than, say, Larry Cudlow or Steve Moore who'll join us today.
Anyway, median years of business experience is zero.
The vast majority of Biden economic commerce team members are professional politicians, lawyers, community organizers, lobbyists, and government employees.
And now you, we are paying the price.
Now, Fox Business reports, a study from the Heritage Foundation.
If you're an individual American worker living by yourself, you will pay roughly $3,400 in yearly income because of Biden inflation.
If you're in a household where two parents work, well, that number soars to $6,800 per f per per household.
And if you look at the numbers, two-thirds of Americans, regardless of what your economic income might be.
Remember, maybe you purchased a home based on whatever your salary happened to be, or maybe salary and bonus happened to be.
And now two-thirds of Americans are living paycheck to paycheck.
And there's no relief in sight because there's no willingness to make the change and take on the radicals that run the party.
I mean, with all these efforts to get rid of Joe Biden off the ticket, Joe Biden is doing everything that his entire party wanted him to do, everything he pledged he would do.
And they still want to get rid of him and blame him.
And then the next person is still going to use the exact same failed policies, except maybe they won't have as many brain farts as this decrepit, weak, frail, cognitive mess of a president that we currently have.
You know, he's out there and, you know, about to beg the Saudis to bail us out of the oil.
Do you realize when you factor in domestic energy resources in this country, oil, gas, coal, we have hundreds of years of supply just for us alone.
And that's known supplies as of now.
It's very, very likely those numbers are going to go up significantly over the years.
It's the lifeblood of the world's economy.
And we're just being told to wait until we get renewable energy independence, whatever that means, what, solar, wind, gas, Okay, we we can't afford the interim period of pain that they're inflicting upon us.
And I'm sick and tired of getting lectured to go buy an electric car.
Because that's not going to be the answer either.
And most people can't shell out 60 grand a year, especially in these economic times, for their quote, their precious electric cars that they keep shoving down our throats, some of which may be good, maybe not good.
It doesn't matter.
We can't afford them.
Most Americans can't.
Approximately 60,000 home purchase agreements nationwide fell through this June, which is nearly it's 14.9% of homes that went under contract during the month.
And June's percentage marks the highest cancellation rate since March and April of 2020 at the beginning of the pandemic, and the housing market was rattled because of the pandemic.
17.6% of homes under contract in March of 2020, and 16.4% of homes under contract in April of 2020 fell through because nobody knew what the hell was going on.
That's how insecure people are feeling right now.
You have bonds now slumping as inflation is surging, fueling bets on a full hundred basis point Fed rate hike.
Let me tell you what the Fed rate hike is going to mean.
It will end all new home construction in this country.
Good luck if you're in the contracting business.
You know, you've not been able to find a contractor in recent years.
Oh, you'll find a contractor now.
You won't have to wait if you're looking for one.
Uh, then the sale of existing homes is going to plummet.
People are not going to give up their low interest rates that they got, record low interest rates, to buy a new house with twice the interest rate and pay thousands extra just in interest every month.
They're not going to do it.
Small business optimism, that index has plummeted.
The National Federation of Independent Business reports its small business optimism index fell to the lowest point in the its 48-year history this past month.
And the index fell by 3.6 points to an unprecedented low of 89.9%, reflecting the growing challenges of maintaining a small business in the Biden economy.
Now look, just take the housing market to stop to start.
New home construction stops.
Okay, that kills the construction working business.
All right.
Then we got sale of existing homes.
That's going to kill the real estate business.
That's going to then have a net effect, you know, trickle down, let's say trickle out economics.
And that means all those people that would be working every day that go to the local pizza place to get their lunch, the local deli to get their lunch, the local this to buy this, all of that spending is going to stop.
And that means jobs that people rely on to pay their rent and their mortgages and their car payment.
We now have repossession of homes now at a at a multi-year high because people can't afford the cars that they bought because they didn't think this would happen.
And they can't afford, especially the poor middle class people on fixed income, they're getting slaughtered.
Oh, and at the same time, we've got these soft on China policies.
Why would Joe Biden support the idea of taking our strategic petroleum reserves and sending it over to China, which he's allowed to happen, which should be used here, and and the same company that Hunter Biden made money on.
Where is that?
Where's Merrick Garland looking into that?
Or not enforcing the laws at our border.
Or where's he looking into the summer of 2020 574 riots?
He only cares about one riot, just like the Democrats.
Anyway, so Democratic lawmakers are asking the Biden administration custom officials to explain why three major Chinese solar energy companies were excluded from a list of importers whose products are banned under a new law aimed at cracking down on slave labor.
They're not included.
Expanding the scope of borrowed products could threaten U.S. solar panel supplies at a time that the import-dependent industry is already grappling with supply chain disruptions.
Those challenges are a major headwind to President Biden's goal of decarbonization of the U.S. power sector by 2035, which is not going to happen.
This is this is a climate alarmist religious cult fantasy that is not rooted in reality.
Now, what's fascinating is Biden and the administration and their spokespeople and Kamala Harris, they all came out with a talking point.
Biden saying that the inflation is unacceptably high, but says, oh no, these are out-of-date figures that don't fully reflect the impact of gas prices decreasing uh in the country.
Um, okay, yeah, instead of over five dollars a gallon on average, we're paying 485, 489 a gallon.
We're still paying record high gas prices.
And inflation, this is now the highest number since he's been president.
9.1%.
His first month in office, he inherited 1.4%.
That's how bad this is.
This is another record 41-year high inflation rate by Joe Biden, and it's not transitory.
And in December, he said it hit its high water mark, and it didn't.
Wall Street Journal 8.8%, so it's higher than everybody expected.
Inflation has caused prices for goods and services to spike.
Everything you buy at every store you go to is up by double digits, period.
Because now we also with the high cost of gasoline and diesel, it costs more to ship every item to every store we all go to.
You know, gas prices double what Joe Biden inherited.
He calls the rising inflation unacceptably high, but said prices have been going down, and he said tackling inflation is his Top priority now.
The same guy that told us it's transitory.
Now we're supposed to believe him.
Interesting what the Bank of America, their analysts had to say about the Federal Reserve.
You know, they're poised to bring about a severe recession by raising interest rates in order to finally quell soaring inflation.
By that, with that will come record high unemployment.
Trust me on this.
It's it's it's it's simple economics 101.
They've been bragging about it.
But now nine point we have not seen this since 1981.
Gas prices, you know, double.
Airfares now in the last year up 35%.
Cereal up, what, 16 to 20%?
Meat and poultry through the roof.
You know, all those stables, uh staples that we all need and buy and purchase every day now costing more than ever.
You know, accelerating more than expected to this another new high.
And what's Joe going to do about it?
He's he's in Saudi Arabia begging this the pariah nation of of Saudi Arabia's already been begging OPEC.
They keep rejecting his offers.
All right, we'll increase it a little bit.
They don't even have the capacity.
Uh President Macron of France, when they met at the G7 said they don't have capacity that you're looking for.
By the way, Canada could send us 900,000 barrels of oil a day if we would just uh finish the Keystone XL pipeline.
But no, they're putting new restrictions on the oil and gas energy sector and just lashing out at the energy sector as if they're the cause of Joe Biden's restrictive policies.
Those are those are Joe Biden's policies.
It's not our energy sector would love to produce more energy.
That's how they make their money.
And it would lower prices for all of us.
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We've been in political media for a long time.
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So Delaware, verdict with Ted Cruz now, wherever you get your podcasts.
Hey there.
I'm Mary Catherine Hamm.
And I'm Carol Markowitz.
We've been in political media for a long time.
Long enough to know that it's gotten, well, a little insane.
That's why we started normally, a podcast for people who are over the hysteria and just want clarity.
We talk about the issues that actually matter to the country without panic, without yelling, and with a healthy dose of humor.
We don't take ourselves too seriously, but we do take the truth seriously.
So if you're into common sense, sanity, and some occasional sass.
You're our kind of people.
Catch new episodes of Normally every Tuesday and Thursday on the iHeartRadio app, Apple Podcasts, or wherever you listen.
I'm Ben Ferguson.
And I'm Ted Cruz.
Three times a week we do our podcast, Verdic with Ted Cruz.
Nationwide, we have millions of listeners.
Every Monday, Wednesday, and Friday, we break down the news and bring you behind the scenes inside the White House, inside the Senate, inside the United States Supreme Court.
And we cover the stories that you're not getting anywhere else.
We arm you with the facts to be able to know and advocate for the truth with your friends and family.
So Delaware, verdict with Ted Cruz now, wherever you get your podcasts.
I mean, this shouldn't give anybody any satisfaction, but with the worst inflation in four decades, uh, Bank of America analysis.
I I read uh I went deep in the weeds in this, and they're saying that this is gonna force the Fed, Federal Reserve, to raise interest rates and take such extreme actions to tame prices that policymakers, you know, advertently drag the U.S. economy into what they're describing as a deep recession.
And in a note they pointed out, their strategists said market pricing is suggesting that inflation will fall to or below the Fed's 2% target within the next two years, but that a major economic downturn is needed in order for that to happen.
So the last uh interest rate hike was what, 0.75 basis points.
Now they're talking about a full basis point, one full 1% interest rate hike.
Uh and what seems to be forgotten here is that inflation is a sticky, slow moving variable, and spikes can reverse quickly, but underlying inflation tends to move at a gradual lag fashion with respect to the economy, and it's going to take time to cool off the labor market, even more time to lower labor cost driven inflation, which means that unemployment is predictably going to go much higher.
Lawrence said that really you need a full year of 10% unemployment to make this go away.
That's not good either.
There's no good option here.
There's no there's no as they call soft landing in this for you, for we, the American people.
We are in a recession.
Whether people want to admit it or not, and we'll find out.
We know the Atlanta Fed is predicting a contraction of 1.2% for this quarter.
Well, that this more recent quarter, we'll find out soon enough.
None of it is good news for we the people.
I can tell you that.
You won't hear the mainstream press talking about this stuff.
Sean Hannity is on the radio.
All right, 25 to the top of the hour.
Thank you for being with us uh 800-941.
Sean, you want to be a part of the program.
Look, I it started with the New York Times, and you know, Biden is age.
This is like the third in a series.
And what's interesting about this, these are the top writers for the New York Times.
Not that most people read the New York Times.
Most of you in this audience rightfully don't read the New York Times.
I don't spend a lot of time reading the New York Times because most of it's fake news, slanted news, abusively corrupt and biased news, and I just it's a waste of my time.
It really is.
I've experienced the lying about me firsthand from them, so I know exactly what I'm talking about.
But anyway, Peter Baker, chief White House correspondent from the Times, you know, writes, what is I think now the third in a series of just this ongoing narrative that they're pushing.
At 79, Biden is testing the boundaries of age in the presidency.
And they talk about how he shuffles when he walks, prompting concern he's going to trip on a wire.
In other words, he's not stable.
When he fell three times going up the stairs to Air Force One on that one occasion, he had another tripping experience.
Remember, then he gets on the plane.
It was uh Karine Jean-Pierre, the new press secretary said, uh, you know, it's very windy outside.
What's worse?
Tripping three times or claiming that it's so windy that the wind blew you over.
It wasn't that windy.
Um then they go on as speeches are flat listless, stumble so often uh during them as staffers are holding their breath to see if he makes it to the end without a gaff, regularly making huge policy change announcements that are instantly walked back by the White House, like vowing a U.S. military response if China invades Taiwan or saying Vladimir Putin cannot remain in power.
I'll add to that will respond in kind if if they use any type of you know uh chemical or biological or nuclear weapons against Ukraine.
Whoops, uh we didn't mean that.
We didn't mean that.
Often losing his train of thought.
You really you finally caught up to us?
Because we knew this when he was running in 2020, and we were the only one saying it.
He has trouble summoning names, appears confused.
He called his vice president President Harris, miss took uh he mistook Iran for Ukraine.
I mean, I mean, it just goes on and on.
So it's obvious what's going on here.
Now, Joe didn't like it when he was questioned about it yesterday by a reporter.
Hey, Jack, you read the poll, 92% of Democrats will vote for me.
Meanwhile, only there's a you gov poll out today, Yahoo!
News you gov poll, and only 35% of Democrats want Biden to run again.
So he's wrong in his analysis of the Siena New York Times poll, but listen to what he said.
Mr. President, what's your message to Democrats?
You don't want you to run again.
They want me to run.
Read the polls.
Read the polls, Jack.
You guys are Jack.
That poll showed that 92% of Democrats of Iran would vote for me.
You guys are all the same?
Yay, Jack, read the polls, Jack.
All right, Joey.
I'm reading the polls.
And what do we have?
A brand new Yahoo News Ugov poll showing that only 35% of Democrats want you to run for president 2024.
Whoopsie Daisy, overwhelming majority want Trump to run.
18% of Americans, Yahoo News say Biden should run for re-election, which is another new low for him.
Siena and New York Times poll has about a 32% approval rating.
No U.S. president has declined to run for re-election since Lyndon B. Johnson.
Nobody.
Biden is repeatedly insisting he's running.
You know, then we then we got you can't make this stuff up about Kamala.
I mean, we're expanding access to transportation.
You need to go and you need to be able to get to where you need to go and to do the work to get in and get home.
I'm like, you know, Biden lands in Israel and he lands there and he's like, well, what do what am I doing now?
I mean, that's why they write these cards.
Walk into the room.
Say hello to everybody.
I mean, you just can't make this stuff up.
Uh little controversy is emerged as it relates to Dr. Ronnie Jackson, Congressman Jackson, who was uh who is the doctor for Obama and for President Trump.
And anyway, uh, I guess uh in his memoir holding the line, Obama reprimands his former physician, uh Ronnie Jackson, writes a stern email uh to him.
Uh, you know, I I mean, uh, we really didn't believe that Barack Obama doesn't see that Joe is a mess.
I mean, he's quoted as saying, don't underestimate Joe's ability to F things up.
Biden on TV again, you know, making crazy statements, all these mental gaffes.
You know, for years the media and Trump, well, they always attacked him.
You know, Piers Morgan makes a good point.
They just got rid of Boris Johnson in Great Britain, but they have a parliamentary system very different than ours.
Uh, it's not supposed to be easy to remove a president.
But this guy doesn't know that today is Wednesday, in my opinion.
I'm looking at all the stories about him.
Anyway, so by so Obama writes, that's why I have to express my disappointment at the cheap shot you took at Biden via Twitter.
It's unprofessional beneath the office you once held.
It's also disrespectful to me and many friends that you had in our administration.
You were the personal position to the president of the United States as well as an admiral in the U.S. Navy.
I expect better.
And I hope upon reflection that you will expect more of yourself in the future.
We really need Obama's lectures.
Not really.
Don't really care what you think.
Because Obama knows that it's all true.
They all know that he's a mess, but they're just afraid to say it.
Um, anyway, so Joe is in denial.
You just heard him, you know, prospects the media now is beginning to turn on him because the media, and and here's the interesting part to me.
There's nothing, no policy that Joe is implementing, is no one thing that he's doing or not doing that any pro any successor would follow the same policies.
Because it's groupthink.
It's climate alarmist, religious cultism, no domestic drilling, open borders.
All of this would stay the same.
Weak foreign policy, begging, you know, countries that hate us for the lifeblood of our economy.
It's none of this is gonna is gonna fly.
There's a report out today, Mexico's president bragging about letting Americans cross the border because they get cheaper gas there.
Instead of paying $7 a gallon, $6 a gallon in California, Southern California, you can go across the border and pay like three bucks a gallon.
Well, I don't blame people for doing it.
Just makes come just simple common sense to me.
They want me to run.
No, they don't want you to run.
You know, and it's fascinating that MSDNC, fake news CNN, the New York Times all spotlighting now, finally, Joe's cognitive mess and his cratering approval.
You know, can Joe Biden be pushed aside if he insists on re-election?
New York magazine is asking the question.
That's a pretty interesting development.
By the way, you know the uh the taco comment of Joe Biden, the comparison of breakfast tacos, you know, comparing Latin uh uh Hispanic Americans, Latinos to breakfast tacos.
Yeah, that didn't go over well.
Imagine if a Republican did that.
Because if you look at the media, MSDNC, New York Times, every other mainstream media outlet, they all ignored what she said.
Imagine if a Trump had said it.
It's such a corrupt double standard, all of it.
And it's um, I don't know.
By the way, Joe Biden again reminisced fondly about lunch with the late segregationist James Eastland.
What is his obsession with this?
The good old days.
Unbelievable.
Maybe the good old days in his mind.
Not in the minds of anybody with any common sense.
All right, so in the middle of the worst inflation numbers we have had in over four decades.
What are the Democrats proposing?
Well, you would think maybe they would reconsider the impact of abandoning energy independence on the economy.
The high cost of gasoline, heating and cooling our homes, inflation uh as a predictable result because it costs more to uh provide all the transportation to stock the store shelves, every store we go to.
I mean, it's all costing us now a fortune.
Anyway, so Democrats, they're they're now weighing a range of tax increases in their build back better broke plan, and Biden's massive social safety net package, you know, sputtered out in December, but pieces of it now are showing signs of life, apparently, and they're dubbing it build back mansion, and it's come into greater focus in recent days and weeks.
Apparently, private discussions between Manchin and Chucky Schumer, and experts say a new package would include a trillion dollars in new spending.
Well, that is the single dumbest thing you can do in the middle of a 40-year high of inflation.
You're supposed to cool down the economy.
That's about half the size of what they were stalled out at last year, focus on health care costs, and then they're going to increase taxes, a lot of it on the poor middle class in this country, in spite of them saying, oh, no, no, it's only going to be rich people.
No, it's not only going to be rich people.
Anyway, so we'll see what happens.
There's a group of supposedly house centrists.
You have these Democrats in the House that are looking at their races and they see their careers, you know, being shattered in their ambitious dreams of staying in Washington, being shattered before their eyes.
More than 200 congressional staffers are urging Pelosi and Schumer to act on climate or risk dooming younger generations.
This is their problem.
They're beholden to all of these lunatics.
They have to do what they say.
Or they'll they'll push Nancy Pelosi and Chuck Schumer out faster than you can snap your fingers.
They'll be done with them.
Elizabeth Warren blasted for attacking crisis pregnancy centers.
I mean, why would you why would you attack an organization when you have young women in trouble that are offering options and solutions?
Maybe it's not the option you would offer, but you can't even have the discussion.
It was sort of like the discussion with Josh Hawley yesterday with this UC Berkeley professor.
What you're saying is transphobic.
I want to put that on the record.
I'm asking you a question.
Can men deliver babies?
Just the question being asked is, you know, people commit suicide because of these questions, and people are in harm's way because of these questions.
So we can't even ask questions anymore.
Unbelievable.
Incredible times.
Anyway, so we looked at Biden's official schedule in Israel.
And apparently apparently includes long nap breaks.
I don't know if you've ever traveled internationally.
You know that you have something called jet lag.
It's fairly common.
Anyway, so the fatigue president in Israel, while he's visiting there, uh, was so off his game.
Well, what do I do now?
That's what he said on the tarmac when he landed.
What do I do now?
Anyway, so he kicked off his trip by referring to the quote, honor of the Holocaust, when he meant to say the horror of the Holocaust.
Anyway, Biden's schedule while in Israel includes a long nap break in addition to rest time allotted for Joey between his trips to Europe and the Middle East.
And Biden's official schedule for Thursday, about two hours are currently devoted to an afternoon nappy.
According to veteran Israeli journalist writing on Twitter, alongside an image of the president appearing to nap during the UN climate change conference last November.
This now dovetails into a Sunday report by the New York Times about his age and his trips to Europe in the Middle East.
Biden kicked off his Israeli visit with an astounding gaff when he referred to the truth and honor of the Holocaust before correcting himself, saying the horror of the Holocaust.
Then he's gonna head to Saudi Arabia.
How do you go to see the Pariah Nation?
He's going to what he called during the campaign the Pariah Nation.
And he's gonna suck up to the guy that he says is responsible for killing journalist Jamal Khashoggi.
Anyway, so he's there to pitch his uh Iran nuclear deal to Israel and Saudi Arabia.
Let me just give you the answer, Joe.
Neither country is gonna support your stupidity and your weakness and your plan to make the Iranian mullahs rich again.
You'll probably end up doing it anyway.
You won't go through Congress, although that would be, you know, the the Senate that they should ratify any agreement such as this, but you're not you're gonna do exactly what your your mentor Barack Obama did, and you'll just do it anyway.
It's pretty unbelievable.
We're finding out the PPP program was a wash and nothing but fraud, and people are getting arrested for it.
117 billion.
There's estimates of the 780 billion in federal loans went to ineligible businesses.
Great.
Oh, 7 Eleven management is urging LA store owners to close their locations because of robberies there.
Starbucks is closing 16 stores, six in Los Angeles over safety issues.
You got uh two in Portland, one each in Philly and DC, and Starbucks said that their employees that those stores will be given the opportunity to transfer to other stores.
By the way, have you seen this video of the Uvaldi police?
I I cannot believe that that is not cops that I ever knew or or have known in my life.
That they just sat there and they did nothing.
They didn't do a thing.
It's pretty unbelievable.
Uh, you know, I for what reason I have no idea.
It makes no sense to me.
Every cop I've ever met wanted to be a cop since they were young, and they train for these moments, and they are prepared for these moments.
And to wait an hour knowing that the shooter is in a classroom full of kids and to not move and to not budge.
It just makes no sense to me.
Doesn't make any sense to anybody.
All right, we got a lot to get to.
All things simple man Bill O'Reilly.
We're gonna get his take on the recession.
Also, Steve Moore will get his take on these new inflation numbers today.
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We'll keep you informed and entertained without ruining your day.
Join us every Tuesday and Thursday.
Normally on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
I'm Ben Ferguson.
And I'm Ted Cruz.
Three times a week we do our podcast, Verdict with Ted Cruz.
Nationwide, we have millions of listeners.
Every Monday, Wednesday, and Friday, we break down the news and bring you behind the scenes inside the White House, inside the Senate, inside the United States Supreme Court.
And we cover the stories that you're not getting anywhere else.
We arm you with the facts to be able to know and advocate for the truth with your friends and family.
So down a verdict with Ted Cruz now, wherever you get your podcasts.
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