← Morning Brew Daily
Morning Brew Daily
Senate Passes Trump's Megabill & The AI Band Blowing Up On Spotify
00:30:22
The Senate passes Trump's bill and half a million people are streaming an AI band on Spotify
Loading summary
Transcript64 lines
- [00:02]
Taco Bell Advertiser
Summer's heating up and your new favorite drink might just be waiting for you at Taco Bell. Introducing the new Refrescas lineup made to match any mood, meal or moment. The only question is which one will be your drink of the summer? There's something for everyone. The Agua Refrescas now a permanent menu item, features mixed in real freeze dried fruit pieces. It a subtle green tea boost and bold flavors like strawberry, passion fruit, dragon fruit berry and mango peach. Want something with a little more kick? Try the Rockstar Energy Refrescas in pineapple, lime or tropical punch. Or cool off with a limited time strawberry Lime Refresca Freeze. Available on menus nationwide now at participating locations. And while supplies last, head to taco bell.com morning brew to find your flavor today.
- [00:57]
Neal Freyman
Good Morning Brew Daily Show I'm Neal Freyman.
- [01:00]
Toby Howell
And I'm Toby Howell.
- [01:01]
Neal Freyman
Today the GOP's mega bill is one step closer to being law after the senate approved it 51 to 50.
- [01:07]
Toby Howell
Then a key California environmental law was just scaled back that could lead to more housing being built. It's Wednesday, July 2nd. Let's ride.
- [01:21]
Neal Freyman
Good morning and happy July 4th. Eve Eve, heads up. Up. Before we dive into the news, Toby and I recorded this pod yesterday afternoon so we could hop on the road to see friends and family and hope you're able to clock out of work soon if you haven't already. The slip and slide awaits.
- [01:38]
Toby Howell
As for the rest of the week, we have two great episodes for you to listen to while you're lathering on the sunscreen. Tomorrow is a first half in review show where Neil and I hand out some H1 awards and also make some bold predictions for the rest of the year. Then on Friday, we have an interview episode with a personal finance whiz that will have you rethinking your attitude towards saving, spending and whether to buy one or two dozen hot dogs for your grill out. Perfect lakeside listening, but also we won't fault you if you save them for a post holiday treat. Speaking of holiday treats, here's a word from our sponsor, Taco Bell. Neal Something feels off. Almost like I'm unquenched. Wait, how did you know that?
- [02:18]
Neal Freyman
Because that's exactly how I felt before I tried Taco Bell's new Refrescas. These drinks are crafted to quench every craving for any mood or any meal.
- [02:27]
Toby Howell
Try the Agua Refresco's a Taco Bell twist on the beloved Mexican beverage mixed with real freeze dried fruit pieces and green tea.
- [02:35]
Neal Freyman
Or the Rockstar Energy Refresca delivering a delicious boost of energy.
- [02:39]
Toby Howell
Personally, I'm all in on the Refresca freeze. It tastes like out of office in a cup.
- [02:45]
Neal Freyman
Head to taco bell.com/morning-brew to learn more. That's taco bell.com/morning- brew legal disclaimer at participating Taco Bell locations for a limited time only while supplies last. Agua Frescas are made with artificial colors and natural fruit flavoring and contain less than 1% juice. Rockstar Energy or Frescas contain 200 milligrams of caffeine and are not recommended for children, pregnant or nursing women or persons sensitive to caffeine.
- [03:11]
Toby Howell
Well, they did it Republicans narrowly passed President Trump's sweeping tax and spending bill in the Senate by a razor thin 51 to 50 margin, with Vice President J.D. vance casting the tie breaking vote. The marathon 24 hour voting session clears the way for Trump's second term agenda and that focuses on extended tax cuts, new tax breaks, reductions in Medicaid spending, and more money for border enforcement and defense. On the tax front, it would extend the large cuts put in place during his first term, avoiding the politically disastrous scenario of taxes rising across all income brackets. It also introduces new spending on the military and immigration enforcement to justify the extended tax breaks. The bill aims to make deep cuts to Medicaid spending, the clean energy industry, student loans and food stamp programs. The cuts, however, are not nearly enough to cover the bill's massive cost, with the Congressional Budget Office estimating that a previous version of the bill released over the weekend would add $3.3 trillion to the national debt over the next 10 years. Republicans also made a number of last minute changes to the bill to get it across the finish line, including delaying nutrition aid cuts for certain states, doubling a rural health fund to $50 billion in in scrapping the more aggressive wind and solar tax. Now the bill heads back to the House for another vote before hitting Trump's desks ahead of its desired July 4 deadline. But the bill lives nail.
- [04:37]
Neal Freyman
This is a monumental moment that will ripple through the American economy for years to come. In championing this bill, Senate Majority Leader John Thune, a Republican, said that the bill would deliver on the promises Trump had campaigned on. No taxes on tips, no tax on overtime, lower taxes for seniors, for Social Security receipts recipients as well. One thing to know about the particular tax changes of this bill is that 62% of households would see a tax cut from the tax measures passed in this Senate bill. That's according to this Tax foundation analysis, which was released on Tuesday. It also According to pretty much every independent analysis, would be a regressive on net tax on Americans, which means that the benefits would accrue mostly to people in the top 20% of income, while the people in the bottom 20% of income in the United States would see their wealth actually dinged, according to the Yale Budget Lab. Here are some numbers though. This act would reduce income by 2.9%, which is about $700 for the bottom 20% of households. And then for the top 20%, it would raise income by 2.2%. 50 $700. So that is where a lot of the criticism from Democrats and even some of the Republican holdouts there were three is directed at where you're seeing a tax cut for the rich while you're burdening and rolling back social safety spending on the bottom 20%.
- [06:05]
Toby Howell
The lawmakers that back this legislation, they see it as a chance to boost economic growth and also, you know, continue the agenda of cracking down on immigration. But the people who oppose the bill, mostly Democrats, said that this is a wealth transfer from low income households to the wealthiest Americans. And one of those low income households that Democrats are focusing on that will lose some benefits are people who are on food stamps who are also potentially losing health insurance. The bill is on track to cut 20% of spending on food stamps. That's the SNAP program that you've heard of. And they think that it could cut Medicare for 12 million people. And there's a ton of overlap here. 30 million of the 38 million people receiving SNAP in 2022 were also enrolled in Medicaid. So that is one of the potential hang ups for the Democrats here where they're saying that this is going to impact adversely the bottom percentile of Americans when it comes to income.
- [07:07]
Neal Freyman
What didn't get into the bill is worth is of note for the business community. In a previous version of the bill, there was a moratorium on states regulating artificial intelligence. This measure was endorsed by most of the silicon leaders and companies that you've heard about, OpenAI and Microsoft. But early Tuesday morning, senators voted 99 to 1 against this measure, delivering a win for advocates of AI safety and regulation. So a big loss for Silicon Valley in terms of the fact that this AI regulation moratorium was stripped out of the bill before it was passed.
- [07:46]
Toby Howell
And then speaking of Silicon Valley, one person kind of tangent to Silicon Valley who is really upset about this is Elon Musk. He thinks that this bill is fiscally irresponsible. He went on a little bit of a tirade on saying Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame. He said that he's going to do everything in his power to make those lawmakers lose their primary. He said that if it's the last thing I do on this earth. And then he even floated the idea of starting a new political party called the America Party. So that bifurcation between the Trump camp and the Elon Musk camp is only growing wider after this bill is passed.
- [08:27]
Neal Freyman
And in response to that, Trump said he might look into deporting Elon Musk back to South Africa. So those figures that emerged at the beginning of the debate of this bill are only growing wider. What happens next? This bill has to go to the House to get approved, and then it will go to President Trump's desk. But a monumental moment for tax policy for the economy of the United States that will ripple for years to come. Okay, remember that public toilet in San Francisco that took four years to make and had an original budget of $1.7 million? A symbol of California's dysfunction and bureaucracy when it came to actually building things? The state is trying to turn a new page. In a major announcement late Monday, California leaders rolled back a strict environmental law that critics say was needlessly hamstringing development projects, fueling the state's soaring housing prices and homelessness crisis. The Californ Environmental Quality act, better known as CEQA, was signed into law in 1970 by none other than Governor Ronald Reagan. It was intended to safeguard sensitive habitats by requiring extensive public disclosure of the potential environmental impacts of new developments. But opponents say it grew into a monster that stifled the building of pretty much anything. That's because CEQA allows any individual or group to sue to stop a project if they show the environmental assessment to not be detailed or thorough enough. In recent years, it's resulted in a delay of a new bike path in San Francisco, ostensibly what environmentalists would want, and block the construction of a new dorm at UC Berkeley over concerns of social noise pollution. Developers say they are hesitant to build anything due to the open ended threat of CEQA lawsuits. Democratic Governor Gavin Newsom heard these concerns and dismantled CEQA requirements for urban infill developments in the state, meaning that most new apartment buildings in California will no longer face the risk of endless environmental litigation. Toby, a huge win for the YIMBY movement. Yes. In my backyard.
- [10:25]
Toby Howell
Yeah. In a big loss for the environmental movement. It just shows how the priorities have shifted in California and how much voters and now the lawmakers are looking at affordable housing as the core issue right now that is affecting so many people. And you see that in the wider, quote unquote abundance movement that is emerged over the last few months. That of course is tied to Ezra Klein and Derek Thompson's book that was released with the title of Abundance. Essentially this idea is you approach problems by planning for the abundance of things people need rather than regulating from a scarcity mindset. And that they think is a big shift for the Democratic Party in these blue states. So pulling back from CEQA is exactly that thing of ditching the scarcity mindset because it caused less housing to be built. So it is a world for this new worldview that is a win for this new worldview that is taking over specifically the Democratic Party right now.
- [11:20]
Neal Freyman
And they need to build housing in California. There is no question 9 of the 10 least affordable cities in the country are located in California. That's according to a May report by WalletHub. And the heart of the problem here is that they're just not able to build, perhaps because of CEQA or any other types of regulations. The state needs 3.5 million units to be built to fulfill all the demand. Only about 100000 units are built annually. Gavin Newsom has sort of taken the mantle here and said we really need to address this. After years of letting it language and having this major homelessness crisis, people are moving out of the state because it's become simply too unaffordable. He and he has sort of taken the abundance mantle and even name checked that particular book. It's been so influential in driving democratic discourse and saying we need to roll back regulations here. We need to start building stuff.
- [12:10]
Toby Howell
Let's move on. The hot new band Velvet Sundown is gaining a following on Spotify, racking up half a million monthly listeners with their twangy country ro vibe and hits like Dust on the Wind and Drift beyond the Flame. The only issue is Velvet Sundown isn't real yet we got ourselves another AI controversy on our hands. Velvet Sundown's mix of classic rock with a dash of auto tune doesn't immediately set off alarm bells if a song came up on your playlist. The lack of any real, identifiable information on the group's Spotify page is what eventually got listeners Spidey senses tingling. First, the band has four members, which don't appear to exist outside of the band's own social media handles, handles that are filled with clearly AI generated images of the band. Things got even murkier when the band's fledgling X account posted a thread claiming they were very much real, prompting many to wonder if this was all just some big Nathan Fielder experiment. Whatever their origin story, Velvet Sundown have found their way onto a mysteriously large number of user created playlists, which helped boost its listenership and set off a renewed round of debates around AI's place in the music industry. Spotify happily accepts AI generated music and has no rules requiring a listening to reveal if it was created using AI. But for real, living breathing artists, Neil it can be very frustrating to see something like Velvet Sundown rip off half a million streams while you've been toiling away for years.
- [13:37]
Neal Freyman
I mean some of the details here are quite hilarious as that they're, you know, they're banned bio on Spotify they had this quote attributed to Billboard that said they sound like the memory of something you never lived and somehow make it feel real. After that was called out, the Billboard mention got stripped out. The description of their bandmates says vocalist and mellotron sorcerer Gabe Farrow, guitarist Lenny west, bassist synth alchemist Milo Rains, and free spirited percussionist Orion Rio Del Mar. These sound I made up. I mean even if you've used ChatGPT or any other LLM, it seems very much in line with what you would expect if if I input make make up some bandmates for me, this is kind of exactly what it would spit out. So not a surprise that it raised some alarm bells and a lot of.
- [14:28]
Toby Howell
The bands Instagram is flooded with comments calling out the use of AI. But a lot of people are saying wait, there's nothing inherently wrong with wanting to listen to AI generated music. You can go on YouTube right now and listen to full playlists of AI generated music. But the frustration comes from the fact that people should know it is AI rather than a band posing as real and actually being AI. But that line is only getting a blurrier and blurrier, especially because Spotify doesn't have any labels right now. They have no real fact checking that says a song is AI or not. So it's really the mechanism of how it's being delivered that has people up in arms, not necessarily the fact that the music is AI generated itself.
- [15:07]
Neal Freyman
But some of the biggest names in music are fully leaning into AI, even as many human musicians are criticizing it. So Timbaland, who is this God tier producer, a few weeks ago said that he signed the first non human artist to his AI record label, which is called Stage Zero. This non human artist is named Tata and Timbaland is full bore on AI says that the new artist, human artists, now we have to distinguish between the two that are coming out now are completely boring and completely soulless to him. And he feels like AI is the next frontier for music. This is a huge name that is fully leaning into artificial intelligence as perhaps the future of music.
- [15:49]
Toby Howell
So Velvet Sundown, if you're looking for a weird kind of soulless soundtrack to, you know, keep your Fourth of July weekend company up next, we're going to talk about a controversial AMC change Modern companies want more than set it and forget it support from their managed service providers. They're looking for partners to help drive transformation and boost resilience as they grow.
- [16:14]
Neal Freyman
Managed services are entering a new era as a quick refresher. The practice of managed services is when an organization hires an outside entity to manage an entire business function the people, processes, technologies and outcomes.
- [16:26]
Toby Howell
KPMG research found that nearly three in four buyers want managed services to support them as business models evolves and new tech enters the market.
- [16:35]
Neal Freyman
And the research also shows that in general, companies are now looking to get more from their managed services providers. They want help in strategic areas, transformation, innovation, growth. This is a huge change from previous years, where cutting costs has long been the top priority.
- [16:51]
Toby Howell
That means managed services are changing from outsourced help to strategic partners with a seat at the table. Learn how providers are stepping up@kpmg.com US manage services new era. That's kpmg.com US/manage services Newera.
- [17:11]
Neal Freyman
Toby how good of a trader would you say you are?
- [17:13]
Toby Howell
I've never betrayed anyone.
- [17:15]
Neal Freyman
Something tells me you should check out Webull.
- [17:17]
Toby Howell
Oh trader.
- [17:19]
Neal Freyman
Yes. And no matter how experienced you are, Webull makes it easy. With powerful tools and a clean Design.
- [17:24]
Toby Howell
They'Re a one stop investing. Shop for US stocks, international stocks, ETFs, futures options, even Calci event contracts, IRAs, and cash management. Even trade overnight so you're not stuck waiting for the opening bell.
- [17:37]
Neal Freyman
$5 is all it takes to get started. Buy fractional shares of your favorite companies. Listeners can also qualify for a special bonus by opening and funding an account with $100 to earn bonus fractional shares.
- [17:49]
Toby Howell
With Webull, there's no commission fees when trading stocks and ETFs, no account minimums and no hidden costs.
- [17:55]
Neal Freyman
Plus, they're regulated by the SEC and FINRA and your funds are protected up to $2.5 million in cash management with FDIC insurance.
- [18:03]
Toby Howell
Start depositing today with webull.com pod/morning brew to get your bonus. That's webull.com pod/morning Brew Morning Brew is.
- [18:14]
Neal Freyman
Compensated by Webull Financial LLC. See member of FINRA and SIPC. Investing involves risk. More info at webull.com/disclosures before you watch any movie at an AMC theater, you hear Nicole Kidman say dramatically, we come to this place for magic. Well, it needs an update. We now come to this place for commercials. As of Tuesday, AMC has begun placing ads right before the movie starts, what's known in the industry as the platinum spot. The deal, announced with ad company National Cine Media last month, will give AMC a much needed short term boost in revenue, but could dent its brand over the long term as audiences are forced to sit through an even longer period of trailers and ads before the feature begins. AMC features a disclaimer on its website stating that movies start 25 to 30 minutes after showtime. That could be extended with the new ad slot. Stuffing more ads into the pre movie experience is also a 180 from six years ago when AMC got on its high horse and said it wouldn't do this. In 2019, Regal and Cinemark struck a deal with Cinemedia to include as much as five minutes of commercials after a movie start time plus a 30 to 60 second ad in that platinum spot. At the time, AMC said it flatly rejected the offer from CineMedia, predicting US moviegoers would react quite negatively to the concept. Fast forward to 2025. It seems that's a reputational risk AMC is willing to take.
- [19:39]
Toby Howell
Yeah, because they looked at their competitors and realized that, wait a second, they haven't really seen direct impact in their attendance that was related to this additional ad spot. But that's not to say there aren't downsides. For one, movies are supposed to be that escapism that Nicole Kidman talks about at the beginning of AMC Featured Presentations, which is why they should not be a place for a commercial. They're supposed to feel different from your couch, are supposed to feel different from just sitting there and being inundated like ads, like most of us are when we're watching normal tv. It's part of the reason why IMAX has done so well in recent years is because it does feel like it's spectacle. It is very much different from your couch experience. So that is one of the long term reputational risks that AMC was trying to avoid, you know, a few years ago. But they kind of went to the sirens call of little extra ad revenue because they do need it right now because the box office is down.
- [20:32]
Neal Freyman
And according to industry experts, this is a very lucrative and very attractive ad spot because you have a very much captive audience because if you take out your phone people are going to look at you askance and you know you you're fully tuned in to a particular screen in a way that most people are not anywhere outside of the movie theater. AMC does need the revenue had a really bad Q1 in its first quarter financial report. It said that the industry had its worst start to a year since 1996 excluding the COVID 19 pandemic. Does seem like box office has picked up. Over Memorial Day weekend we had that that record setting box office numbers over mdw. So things are picking up. AMC is still in a tight financial spot and it's going to take all of the money it can get. It looked to its rivals Revil, Regal and Cinemark and didn't see much of a negative impact so it's willing to take that gamble.
- [21:28]
Toby Howell
I do think a funny trickle down effect of this is that they did finally put in writing exactly how long after the preview start the movie actually comes on, which is that, you know, 25 to 30 minute window. Everyone kind of knew this like everyone knows you don't have to show up directly on time. But nowhere has it actually been codified down on their website and AMC did it this time. So next time you are running late, remember you have that 30 minute buffer.
- [21:55]
Neal Freyman
@ least people are already being trained to do this. So far this year, 42% of moviegoers in Los Angeles were in their seats in time to see every trailer. That's compared to 55% last year. So a huge plunge. And New York, we're also learning, but not as much as New York. 42% of moviegoers were in their seat for the first trailer this year compared to 47% last year. So we were already kind of hip to what was going on. Let's sprint to the finish with some final headlines. Records are falling across Europe as a heat wave is gripping the continent with no signs of letting up. In France, temperatures topped 104 degrees Fahrenheit. Portugal set an all time high for June, clocking 115.9 degrees in Mora and Seville. Spain saw 109. Extreme heat can be especially brutal and dangerous in Europe, where many households don't have air conditioning and neither do public spaces. Half of Paris's metro system doesn't even have ac. Meanwhile, just be thankful you're not playing at Wimbledon. The tennis tournament in London set a temperature record for its opening day on Monday with the thermometer topping 90 degrees on the grounds yeah, the temperatures in.
- [23:04]
Toby Howell
Southern France were specifically so high over the weekend that they shut down their nuclear reactor because they didn't want to discharge the heated water into an already very hot river that would endanger the wildlife. So it just shows you how intense these temperatures are right now. And specifically, a statistician at the London School of Hygiene and Tropical Medicine called out to Politico that this heat wave could cause more than 4,500 excess deaths between June 30 and July 3. So it's not just an annoyance, it is a public safety issue, especially in a region where air conditioning is not very common. Amazon is getting extremely close to a pretty insane milestone. There are almost as many robots working in its warehouses as humans. The E. Com giant said that there are more than 1 million machines active at its fulfillment centers, making sure your meat thermometers are arriving in time for your Fourth of July cookout. It's been a remarkable scaling up of its robotic workforce, one that Amazon says now helps with 75% of its global deliveries, helping productivity and relieving some of the strain on human workers. Now you might be thinking relieving strain. That's an interesting way of framing workforce cuts. And you're partially right. Robots are helping Amazon slow hiring, bringing the average number of employees per facility down to just 670 last year, the lowest in 16 years. But Amazon says it's also creating new jobs in the process, like robot technicians, which require less manual labor. Neal 1,000,000 Robots is a lot of robots.
- [24:37]
Neal Freyman
It's so much. And it really is improving, improving efficiency. When you look at the stats, the number of packages that Amazon ships per employee each year has jumped from 175 in 2015 to nearly 4,000 today. They are deploying robots at a very fast pace across their fulfillment centers. 75% of Amazon's global deliveries are assisted in some way by robotics. Of course, you have to wonder what this does this mean for Amazon's workforce, which is the second largest workforce in the entire country? Amazon is going to say that they're moving to higher paying jobs, overseeing the robots, jobs. Critics would say that they are going to eliminate those jobs. And Amazon CEO Andy Jesse said a few weeks ago that eventually, ultimately Amazon's workforce will be less than it is now. But whenever you talk about Amazon, it's sort of a canary in the coal mine. It's a harbinger of things to come because it's deploying technology the fastest. So as Walmart as any other retailers looking what Amazon's doing With these insane levels of robot deployment, you know that's going to come to other workplaces as well. Hope you're hungry, because Burger King Japan is rolling out a new burger that could fill you up for weeks and keep you in the bathroom for even longer. As part of a partnership with the Japan Sumo Association, Burger King unveiled a 1900 calorie behemoth of a sandwich with five beef patties, four slices of bacon, and four slices of cheddar cheese. It weighs 668 grams, or about 1 1/2 pounds, and costs $18. Toby, you've never met a challenge you haven't faced head on. Can I interest you in a 1900 calorie burger?
- [26:17]
Toby Howell
Absolutely not. The thing I want less of is fast food burger patties here. And this burger has five of them stuffed into one. I do think it's a fun promotion, though, you know, associating yourself with sumo. Sumos obviously have to eat a lot, and Burger King does like to do these big marketing swings. This is not their first collab this year. They also released a pickleball burger earlier in collaboration with the Pickleball Japan Federation. So they're clearly trying to make inroads in different markets in the international space. But I do encourage you to look up this burger. It's even taller than you could possibly imagine. Five patties. That is too many patties.
- [26:57]
Neal Freyman
If you're playing. If you're playing that. Toby mentions pickleball game.
- [27:00]
Toby Howell
Take. Take a bite of your burger. Speaking of lots of cheese, I regret to inform you that it might be giving you nightmares. No, not nightmares on the toilet. Actual bedtime nightmares that could be messing with your sleep. According to a new study in the Journal of Frontiers in Psychology, researchers surveyed sleep habits and dreams in conjunction with eating habits. And a key finding was that the worst symptoms of lactose intolerance people had, the more intense their nightmares were. It may not be anything specifically in the cheese that is causing you to have the recurring nightmare of your teeth falling out. The researcher said it's probably just the anxiety that comes from gastrointestinal stress that are causing you to have intense dreams. Put more plainly, your tummy aches from eating too much dairy are stressing you out, which is in turn causing you to run in slow motion while an ax killer chases you. So, Neil, unfortunately, no Burger King sumo burgers for you before bed.
- [27:56]
Neal Freyman
No, I know. At bed, at breakfast, at lunch. I will happily pass on that. The idea that cheese eating late at night leads to nightmares actually has been around for over a century. In 1904, the American newspaper comic strip Dream of the Rarebit Fiend showcased this character who had a nightmare bizarre dream after consuming Welsh rarebit, which is this cheese sauce served on toast. So this has been a part of the American imagination for a very long time. Finally, some scientists are doing something about it and we're learning a little more nuts and bolts.
- [28:31]
Toby Howell
I just can't believe that, like, cheese, like, I do love cheese. And it's giving you those tummy aches essentially that are causing you to have like these micro wake ups that are interrupting your sleep. I think a lot of people anecdotally have probably experienced this because if you go to bed with your stomach hurting, you're not going to sleep very well. But it turns out that if you do have lactose intolerance, it could be leading to those wacky and crazy dreams that you are having.
- [28:54]
Neal Freyman
Who is eating cheese before they go to bed?
- [28:56]
Toby Howell
I've done it. Is that a little charcuterie board before bed? Come on, live a little bit.
- [29:01]
Neal Freyman
He's like, I can't tell if you're being serious.
- [29:03]
Toby Howell
I've done that. I really have.
- [29:05]
Neal Freyman
Yeah. It seems to me like the last thing you'd want to eat before you go to bed. Whether you have nightmares or any other. Any other issues. Okay. That is all the time we have. Thanks so much for starting your morning with us. Have a wonderful Wednesday and safe travels if you're hitting the road. If you have any thoughts on today's episode, send an email with questions, comments, or feedback to Morning Brew daily at Morning Broadcom. Let's roll the credits. Emily Milian is our executive producer. Raymond Lu is our producer. Our associate producers are Olivia Graham and Olivia Lake. Hair Maker up is selling two tickets for the Velvet Sundown show at Red Rocks. If you're interested, send them an email. Devin Emery is our president and our show is a production of Morning Brew.
- [29:42]
Toby Howell
Great show today, Neil. Let's run it back tomorrow. Oh, man, I am fading. I either need an iced coffee or vacation or both.
- [29:59]
Neal Freyman
Toby, what if I said you could get the benefits of both in one cup?
- [30:03]
Toby Howell
What?
- [30:04]
Neal Freyman
That got all over the studio, but yes, Taco Bell's new lineup of refrescia drinks are like a little out of office in a cup.
- [30:10]
Toby Howell
So I am to believe that Agua Refrescas with green tea and freeze dried fruit, Rockstar Energy Refresca with extra energy and the new Refresca Freeze are all handmade to order?
- [30:20]
Neal Freyman
That is correct. He left.
- [30:24]
Toby Howell
Left.
- [30:25]
Neal Freyman
Anyway, head to taco bell.commorning-brew. To learn more, that's taco bell.commorning-brew at participating taco Bell locations for a limited time only while supplies last ago. Refrescas are made with artificial colors and natural fruit flavoring and contain less than 1% juice. Rockstar Energy Refrescas contain 200 milligrams of caffeine and are not recommended for children, pregnant or nursing women, or persons sensitive to caffeine.