Bill O’Reilly’s No Spin News and Analysis Episode: O’Reilly Update Morning Edition, July 16, 2025

Introduction: Early Start to the Presidential Campaign

In the latest edition of the O’Reilly Update Morning Edition, host Bill O’Reilly sets the stage for the upcoming presidential campaign cycle, which is now officially three years away. Contrary to the usual timeline, Governor Gavin Newsom of California has already entered the fray by moving his campaign operations to South Carolina.

"[00:45] It is July 2025 and the next presidential campaign is about three years away. Well, not exactly. It's already in motion."

This strategic relocation by Newsom aims to secure an early foothold in the primary state of South Carolina, surprising many political analysts and local politicians alike.

Governor Newsom’s Commentary on Federal Legislation

Governor Newsom has been vocal in his criticism of federal policies, particularly targeting former President Donald Trump's proposed legislation. During his speech in South Carolina, Newsom addressed the potential long-term impacts of the bill on American youth and the nation’s financial stability.

"[02:10] 'Trump's big bill will hurt American kids,' Governor Newsom stated during his keynote address."

He further elaborated on the fiscal implications, emphasizing the burden the bill would place on future generations.

"[02:25] 'Opie Newsom, that bill they just signed, completely saddling our kids and grandkids with trillions and trillions of dollars of debt,' he continued."

These statements underscore Newsom’s stance on fiscal responsibility and his critique of policies that, in his view, jeopardize the economic future of American families.

California’s Fiscal Health Under Governor Newsom

Bill O’Reilly delves into the financial trajectory of California under Governor Newsom’s leadership. Taking over from Jerry Brown in January 2019, Newsom inherited a state with a robust budget surplus.

"[03:05] 'When he took over the governorship from Jerry Brown In January 2019, California had a budget surplus of 21 billion dollars,' O’Reilly notes."

Fast forward to the present, the Golden State is grappling with a significant budget deficit.

"[03:20] 'Today, the Golden State owes a 12 billion dollar deficit,' O’Reilly highlights."

O’Reilly further critiques the administration's fiscal management, pointing out the alarming expenditure rates.

"[03:35] 'In five and a half years under Gavin Newsom and his crazy left wing cadre, the state has burned through an incredible $33 billion,' he asserts."

This section emphasizes the concerns regarding California’s financial management and its implications for residents, particularly the younger population.

Broader Economic Concerns: National Debt and International Trade

Transitioning from state-level issues, O’Reilly broadens the discussion to encompass the national economy. He outlines several pressing economic challenges facing the United States.

"[04:00] 'Let's face it, the US Economy is under stress, national debt rising, trade war shaking the markets,' O’Reilly states."

He also touches upon international economic maneuvers, specifically China's strategic financial decisions.

"[04:15] 'And meanwhile, China is dumping the dollar and stockpiling gold,' he observes."

These points highlight the interconnectedness of domestic fiscal policies and global economic dynamics, suggesting potential vulnerabilities within the U.S. economic framework.

Conclusion: Preparing for Economic Uncertainties

While the transcript concludes shortly after the economic discussion, O’Reilly hints at forthcoming deeper analyses in subsequent segments.

"[05:00] 'That is the morning O'Reilly update. More analysis later on,' he concludes."

This closing remark suggests that listeners can anticipate further exploration of the topics introduced, particularly the economic challenges and their broader implications.

Note: Advertisements and non-content sections have been excluded from this summary to focus solely on the substantive discussions presented in the episode.