Obama Admin Caught in a Bombshell LIE about the Russia Hoax plus ALL THE WINS in the One Big Beautiful Bill

Summary

Podcast Summary: The 47 Morning Update with Ben Ferguson

Episode Title: Obama Admin Caught in a Bombshell LIE about the Russia Hoax plus ALL THE WINS in the One Big Beautiful Bill
Release Date: July 25, 2025
Host: Ben Ferguson
Guest: Senator Ted Cruz
Duration: 41 minutes

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Introduction to Today’s Topics

In this episode of The 47 Morning Update, host Ben Ferguson teams up with Senator Ted Cruz to delve into two significant and explosive topics shaping the political landscape: Tulsi Gabbard's revelations about the Obama administration's alleged misinformation campaign against Donald Trump, and a comprehensive breakdown of the newly signed "One Big Beautiful Bill," highlighting twelve major conservative victories.

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Obama Administration's Russian Hoax Exposé

Tulsi Gabbard's Revelations

Ben Ferguson opens the discussion by addressing the bombshell report released by Congresswoman Tulsi Gabbard, which alleges that the Obama administration orchestrated a deliberate hoax to undermine the election of Donald Trump. This revelation has ignited conversations around potential treason and criminal referrals aimed at senior Obama administration officials.

Notable Quote:

“Tulsi Gabbard this week released evidence that Barack Obama and his senior intelligence team deliberately lied to the American people.”
— Senator Ted Cruz (01:57)

Timeline of Contradictory Intelligence

Senator Cruz outlines a detailed timeline demonstrating how the Obama intelligence community initially assessed that Russia posed no threat to manipulate the 2016 election. However, post-election, senior officials reversed their stance, falsely asserting Russian interference to advantage Trump—a move Cruz describes as a "coup attempt."

Key Points:

• August-September 2016: Initial assessments indicated no Russian manipulation of the election.
• December 2016: A sudden reversal occurred, with senior officials promoting the Russia hoax.
• December 9, 2016: Key figures like James Clapper and Susan Rice conspired to fabricate intelligence reports.

Notable Quote:

“They were willing to lie to the American people and they were willing to lie to Congress.”
— Senator Ted Cruz (08:27)

Criminal Implications and Potential Accountability

Cruz discusses the legal ramifications, suggesting that senior officials like James Clapper, Susan Rice, John Kerry, and Andrew McCabe could face charges under federal statutes for perjury and making false statements. The formation of a DOJ strike force led by Attorney General Pam Bondi aims to investigate these allegations further.

Notable Quote:

“Those names you're talking about — James Clapper, Susan Rice, John Kerry, and Deputy FBI Director McCabe — those were the ones.”
— Senator Ted Cruz (14:14)

Tulsi Gabbard’s Statement

Gabbard's own words underscore the gravity of the situation, asserting that the Obama administration's actions were aimed at subverting democracy and undermining Trump's presidency.

Notable Quote:

“They conspired to subvert the will of the American people who elected Donald Trump in that election in November of 2016.”
— Tulsi Gabbard (09:07)

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The One Big Beautiful Bill: Major Conservative Victories

Senator Cruz transitions the conversation to the "One Big Beautiful Bill" signed into law on July 4th, highlighting twelve major conservative achievements that he and his colleagues secured.

1. Prevented a $4 Trillion Tax Increase

By enacting new tax cuts and preventing a looming $4 trillion tax hike, the bill ensures significant tax relief for American taxpayers.

Notable Quote:

“Victory number one. We have stopped a $4 trillion tax increase.”
— Senator Ted Cruz (19:36)

2. No Tax on Tips

The bill eliminates taxes on tips, providing relief to millions of tipped workers such as waitstaff, bartenders, and hairstylists.

Notable Quote:

“No tax on tips is in there. That means if you're a waiter or waitress... you're providing real and meaningful tax relief to working Americans.”
— Senator Ted Cruz (19:36)

3. Securing the Border ($150 Billion Investment)

Allocates $150 billion to secure the U.S. border, marking the largest investment in border security in American history. This includes building and completing the border wall, hiring more Border Patrol and ICE agents, and enhancing technological capabilities.

Notable Quote:

“$150 billion to secure the border. It is the largest investment in border security in the history of America.”
— Senator Ted Cruz (21:16)

4. Repaying States for Border Security ($13.5 Billion)

Provides over $10 billion to states like Texas for their expenditures on border security, compensating for the lack of federal support in the past.

Notable Quote:

“Texas is getting over $10 billion paid back. That's a huge victory.”
— Senator Ted Cruz (22:09)

5. Rebuilding the Military ($150 Billion)

Invests over $150 billion in the military to build new submarines, next-generation fighter jets, and enhance defense capabilities against emerging threats like China.

Notable Quote:

“We're investing $150 billion to make sure we can defend this nation.”
— Senator Ted Cruz (22:09)

6. Coast Guard Investment ($24 Billion)

Allocates $24 billion to the Coast Guard, the largest investment in its history, enabling the purchase of new ships, helicopters, and infrastructure, and bolstering national security in the Arctic.

Notable Quote:

“$24 billion for the Coast Guard. This is the single largest investment in the Coast Guard in the history of the United States of America.”
— Senator Ted Cruz (25:15)

7. Spectrum Auction Authority (800 MHz)

Directs the federal government to auction 800 MHz of electromagnetic spectrum, generating over $100 billion in revenue and fostering private sector investments essential for technological advancements like 6G.

Notable Quote:

“We will open up billions of dollars of private sector investment. The companies that buy this spectrum are going to invest. It is going to create hundreds of thousands of jobs.”
— Senator Ted Cruz (30:25)

8. Air Traffic Control Modernization ($12.5 Billion)

Invests $12.5 billion to modernize the U.S. air traffic control system, replacing outdated technology to enhance safety and efficiency in air travel.

Notable Quote:

“$12.5 billion modernizing our air traffic control. A massive investment in keeping the American public safe.”
— Senator Ted Cruz (30:25)

9. Space Program Funding ($10 Billion for NASA's Artemis)

Allocates $10 billion to NASA’s Artemis program to return to the Moon, ensuring the U.S. maintains its leadership in space exploration and counters China’s ambitions.

Notable Quote:

“$10 billion for NASA to go to the moon for the Artemis program... If we lose the moon to China, it would be a catastrophic loss.”
— Senator Ted Cruz (32:59)

10. Eliminating CAFE Standards

Removes Corporate Average Fuel Economy (CAFE) standards, eliminating mandates for higher fuel efficiency that previously increased vehicle costs and compromised safety.

Notable Quote:

“We zeroed them out. They're gone.”
— Senator Ted Cruz (35:46)

11. School Choice

Introduces the largest federal school choice initiative, allowing American taxpayers to contribute up to $1,700 annually to scholarship organizations, significantly expanding educational opportunities.

Notable Quote:

“Every single American taxpayer can now contribute up to seventeen hundred dollars a year to a scholarship granting organization.”
— Senator Ted Cruz (37:04)

12. Trump Accounts and Invest America Accounts

Establishes personal investment accounts for every child in America, seeding each with $1,000 and allowing annual contributions up to $5,000, fostering long-term financial growth and economic stability.

Notable Quote:

“Every child in America will have a personal investment account. Every newborn child will have it seeded with $1,000.”
— Senator Ted Cruz (38:21)

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Conclusion and Call to Action

Senator Cruz emphasizes the transformative impact of the One Big Beautiful Bill, highlighting its role in securing American interests, boosting the economy, and laying the foundation for future generations. Ben Ferguson encourages listeners to share this information widely to ensure the public is informed about these significant legislative achievements.

Notable Quote:

“You can watch CNN all day long. ... But you could watch it all day long and you will not get this information that you're getting Right now.”
— Senator Ted Cruz (27:41)

Listeners are urged to subscribe, leave reviews, and spread the word on social media to amplify these crucial updates.

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Key Takeaways:

• Exposé on Russian Hoax: Tulsi Gabbard’s report alleges deliberate misinformation by the Obama administration to undermine Trump's presidency, potentially leading to criminal charges against senior officials.
• One Big Beautiful Bill: Signed into law, this comprehensive legislation delivers twelve major conservative victories, ranging from tax cuts and border security to military funding and educational reforms, aiming to strengthen national security, economic growth, and future prosperity.

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Stay Informed:
Subscribe to The 47 Morning Update with Ben Ferguson on the iHeartRadio app or your preferred podcast platform to stay ahead with daily updates and insightful commentary.

Transcript

[Lisa Booth]

This is an iHeart podcast.

[Ben Ferguson]

Welcome. It is Verdi Center, Ted Cruz, Ben Ferguson with youh Center. It's a big week out of Washington, D.C. you were there for a lot of it. Tulsi Gabbard coming out and making it pretty clear. She believes that there are people in around the President of the United States of America at the time, Barack Obama, who may have deliberately and purposely perpetrated a hoax against, destroyed Donald Trump. People are even using the word treason at this point. And criminal referrals are actually being talked about.

[Ted Cruz]

Well, Tulsi Gabbard this week released a bombshell. She released evidence that Barack Obama and his senior intelligence team deliberately lied to the American people. They knew they lied and they did so to undermine the incoming Trump administration, the incoming president who had just been elected in 2016. And the bombshell we're gonna break it down for laid out chapter and verse. She brought the receipts. How for months, the Obama intelligence community had assessed Russia was not trying to interfere with the election, was not trying to elect Donald Trump. Which is, of course, exactly the opposite of what they spent the next four years telling the American people. We're going to break down exactly what she laid out and what it means and what the criminal liability is, who's gonna be held accountable and what to expect next. We're also gonna do something that is really important, which is break down the details of the one big beautiful bill. It is signed into law. President Trump signed it on the 4th of July. We're gonna tell you the major conservative victories that were in that bill. It had, without exaggeration, more major conservative victories in that bill than any piece of legislation that has ever passed into law in the history of our country. We're going to explain it all to you.

[Ben Ferguson]

Yeah, it's really incredible. We're going to have that for you a minute. If you're a conservative like me, and you may have decided like I have, I am going to give my money to companies that are aligned with my values wherever I can. I am so sick and tired of liberal companies fighting against my family values. And one of those things is, I look at every day, it's like, all right, what do I use? Well, every day I wake up and I get a cup of coffee. Look, good coffee is easy to find. Great tasting coffee is a lot harder to discover. That was when I was introduced to Crockett Coffee by two of my good friends that started this company, Clay Travis and Buck Sexton. And they sent me some Crockett Coffee. And let me just tell you, it's special Crockett Coffee is roasted perfection in small batches on purpose by experts who love the taste of amazing coffee. It's roasted in our nation's heartland and delivered fresh to your home whenever you need it or your office. Now, this is a cup of coffee. Once you try it, you're gonna be hooked because it's just such an amazing cup of coffee. It is small batch and they do it and they specially import their beans. This is what you've been missing. Now, I want to save you money when you try it. You can also choose, by the way, between fresh ground coffee, whole bean K cups, and if you're interested in mushroom coffee and the positive benefits that come with enjoying that, Crockett Coffee is now offering that. So go online to crockettcoffee.com all right, use my name, Ben. You're gonna get 20 off your first order of premium small batch coffee. That's crockettcoffee.com use my name Ben as the promo code. Get 20% off. And then this is what you're gonna love. A portion of your purchase goes support the Tunnel for Towers foundation. Because the good people at Crockett Coffee, they pledge to never forget. So try it. It's so good. Crockett coffee.com My name, Ben, is your promo code. Get 20% off. All right, so let's go to the Bombshell Center. I was in D.C. when this happened and everyone was talking about the report that was released showing how the Obama administration, in essence perpetrated the Russian hoax on Donald Trump to undermine his presidency, but also to really get him out of the White House.

[Ted Cruz]

Well, that's right. And it's important to understand what is new about this. Listen, everyone has known for some time that the Obama team pushed the Russia, Russia, Russia hoax. We've known that. That's been well established. What is new? What Tulsi Gabbard put out this week is that they knew they were lying when they did that because the intelligence had been precisely the opposite. And what I want to do is I want to walk through a little bit of this timeline and give you the specific facts. So August 31st of 2016, a DHS official tells former DNI director James Clapper that there was, quote, no indication of a Russian threat to directly manipulate the actual vote count. That's in August of 2016. Then September 2, 2016, the FBI said it was, quote, uncomfortable, implying that there was definitive information that Russia intended to disrupt our elections. Then on September 9, 2016, quote, the intelligence community concluded that Russia was probably not trying to influence the election by using cyber means to target election infrastructure. That continued. So that was not just through August and September of 2016, but it continued after the election. The election happens in November of 2016, on December 7, 2016. Here are the talking points that DNI Director Clapper had prepared for him. Quote, foreign adversaries did not use cyber attacks on election infrastructure to alter the US presidential election outcome. The next day, December 8, Barack Obama's presidential Daily brief read as follows. Quote, we assess that Russian and criminal actors did not impact recent U.S. election results by conducting malicious cyber activities against election infrastructure.

[Ben Ferguson]

That's an important point there, by the way.

[Ted Cruz]

That's what Barack Obama was briefed on December 8, and then December 9, 2016, everything changed. On December 9, DNI Director Clapper, National Security Adviser Susan Rice, Secretary of State John Kerry, and Deputy FBI Director McCabe, they all met in person. And in that meeting, they reversed course entirely. 180 degrees. They flipped. And they agreed to recommend sanctioning members of the Russian military intelligence because of the Russia hoax. They tasked the intelligence community with creating an assessment of the tools Moscow used to influence the 2016 election. And that same day, deep state officials in the intelligence community began leaking false intelligence to the Washington Post. This was a decision they made to lie to the American people. And that's the new deliberately and orchestrated.

[Ben Ferguson]

And well planned out. This wasn't just a random let's go out there and lie at a press briefing. This was a plan, like writing a movie script of how you are going to lie to the American people and use the intelligence agencies to do it.

[Ted Cruz]

And what Tulsi Gabbard has now given us the receipts on is they knew they were lying. That for months and months and months the intelligence community had been reporting exactly the opposite. So when they made this decision, it was a political determination. It was a political determination because they hated Donald Trump. And it was a political determination because they were furious with the American people for electing Donald Trump president. And this was an attempt to subvert democracy. And this was an attempt to overthrow the then newly elected President of the United States. And what is brazen about it is that they did it. All of the intelligence that for months and months and months had been reported, it suddenly, magically disappeared. They didn't acknowledge it. They simply. Those facts were no longer operative. They had a political agenda, facts be damned. And they were willing to lie to the American people and they were willing to lie to Congress.

[Ben Ferguson]

Yeah, when you think about changing the papers, is the way it was described, the White House press briefing, where it was like, the report says one plus one equals two. And they're like, no, no, we're going to change that to equal seven. They knew they were doing this to hurt the President and in essence, a coup attempt.

[Ted Cruz]

It wasn't even one plus one equals seven. It's one plus one equals cucumber.

[Ben Ferguson]

Yeah, I mean, great point. And this is what happens when you have a rogue deep state, which goes back to what the President said. He believed this was what had happened to him. And they said he was crazy when it happened. Senator, I want to go back into what Tulsi Gabbard said when she went it to the White House, White House press briefing room and she opened it up as she was introduced by the White House press secretary and here's what she had to say.

[Tulsi Gabbard]

The stunning revelations that we are releasing today should be of concern to every American. This is not about Democrats, Republicans. This has to do with the integrity of our Democratic Republic and American voters having faith that the votes cast will count. There is irrefutable evidence that detail how President Obama and his national security team directed the creation of an intelligence community assessment that they knew was false. They knew it would promote this contrived narrative that Russia interfered in the 2016 election to help President Trump win, selling it to the American people as though it were true. It wasn't. The report that we released today shows in great detail how they carried this out. They manufactured findings from shoddy sources. They suppressed evidence and credible intelligence that disproved their false claims. They disobeyed traditional tradecraft intelligence community standards and withheld the truth from the American people. In doing so, they conspired to subvert the will of the American people who elected Donald Trump in that election in November of 2016. They worked with their partners in the media to promote this lie, ultimately to undermine the legitimacy of President Trump and launching what would be a years long coup against him and his administration.

[Ben Ferguson]

A years long coup against him and his administration orchestrated with the deep state and the media. She's indicting all of them saying they knew this was a lie.

[Ted Cruz]

She is. And I will say, as she rightly pointed out, the evidence she put out shows, number one, it was false that Russia was trying to interfere with the election. But number two, a second predicate of their lie is that Russia was trying to interfere to benefit Donald Trump. That was a critical Democrat partisan lie. And one of the pieces that she put out is that the Obama intelligence community assessed that Russia had in its possession and damaging information about Hillary Clinton, including DNC communication. So this is the Democrat National Committee communicating, saying that Clinton was suffering from, quote, intensified psycho emotional problems, including uncontrolled fits of anger, aggression and cheerfulness. And by the way, that's really weird.

[Ben Ferguson]

Well, if you've been around Hillary Clinton and cheerfulness, if you've been around Hillary Clinton, she's not exactly the most cheerful person. So that would be a red flag.

[Ted Cruz]

And what, what the DNC communications further indicated was that Clinton was placed on a daily regimen of, quote, heavy tranquilizers. And while be afraid of losing, she remained, quote, obsessed with a thirst for power. Now, I don't know if, if this supposed Russian intelligence is accurate or not. Tulsi Gabbard released it and said that the Obama intelligence community assess that Russia had this. And here's the critical part. Russia didn't release it. It clearly would have been damaging to Hillary Clinton. If they wanted Donald Trump to win, they would have put it out presumably in October of 2016. They didn't. That shed an other element of the lie.

[Ben Ferguson]

Yeah, it's a huge element of the lie. So the question now becomes this, where we go from here? And it seems to be moving actually very fast. Great example of that is the Attorney General, Pam Bondi, we're now being told, is forming a strike force to, quote, investigate disclosures from the office of the Director of National Intelligence. That would be Tulsi Gabbard. That raises allegations the Obama administration, quote, manufactured an intelligence assessment in 2017 promoting the Russian hoax collusion, saying, quote, the Department of Justice announcing the formation of the strike force on Wednesday. The strike force will assess the evidence publicized by the DNI director and investigate any potential, quote, next level steps which might stem from DNI Gabbard's disclosures. That's coming from the release. And Bondi called the disclosures from Gabbard's office, quote, troubling in the statement.

[Ted Cruz]

Well, I'm very glad that the Trump Department of Justice is investigating this. Tulsi Gabbard made a criminal referral to the Department of Justice and Pam Bondi launched this strike force. And many people are asking quite reasonably, is anyone going to be held accountable for this? Because it seems so frustrating to have people breaking the law over and over and over again and nobody being prosecuted, nobody going to jail. I very much hope people are held accountable. I hope that the Trump Department of Justice is able to prosecute and prove if there is criminal conduct that they're able to prove it and get convictions. And people are held accountable. And I'll tell you, the people who are most likely to face criminal liability are those senior members of the Obama intelligence community. Those people that were in the December 9 meeting where they decided to deliberately lie to the American people.

[Ben Ferguson]

Those names, by the way, and in.

[Ted Cruz]

Particular, so those names you're talking about.

[Ben Ferguson]

James Clapper, is one example. We're talking about the biggest names there.

[Ted Cruz]

Yes, I'm talking about James Clapper, I'm talking about Susan Rice, I'm talking about John Kerry, and I'm talking about Deputy FBI Director McCabe.

[Ben Ferguson]

Wow.

[Ted Cruz]

Those were the ones. And in particular also it is the senior officials who testified falsely, testified before Congress and lied and knew they were lying. And there are two relevant federal criminal statutes that are most relevant. Number one is 18 USC section 1621, and that is perjury. Whoever having taken an oath, willfully states any material matter which he does not believe to be true is guilty of perjury. That this applies to sworn congressional testimony. And secondly, 18 USC Section 1001, whoever knowingly and willfully makes any materially false, fictitious or fraudulent statement in any matter within the jurisdiction of the executive, legislative or judicial branch shall be fined or imprisoned. Both of these you've got in particular, two different testimonies that are really problematic. Number one, on May 8, 2017, James Clapper testified before the Senate Judiciary Committee about the Russia collusion. And what he said, according to what's been released by Tulsi Gabbard, he knew was false. He said in particular, quote, Russia's influence activities in the run up to the 2016 presidential election constituted the high water mark of their long running efforts. They must be congratulating themselves. This episode is a clarion call for vigilance and action against the threat to the very foundations of our democratic system. And then In November of 2020, Andrew McCabe testified before the Senate Judiciary Committee. He lied as well. And I will say for the statute of limitations, if it was materially covered up, it is extended. That's this is the most likely area you'll find criminal liability.

[Ben Ferguson]

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[Lisa Booth]

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[Ben Ferguson]

It is time for us to take a moment to give you real information about the Big Beautiful Bill. Much of what was in it that's going to affect you and your family in a positive way. Share this our top 12 list of things in this bill. Share it wherever you can on social media. Take a listen.

[Ted Cruz]

You can watch CNN all day long. God help you if you do. Your eyes will bleed. You will go insane and run around circles. But you could watch it all day long and you will not get this information that you're getting Right now on Verdict 12 victories that are in the one big beautiful bill. Victory number one. We have stopped a $4 trillion tax increase. If we did nothing. On December 31st, the Trump tax cuts would disappear, and every American taxpayer, Your taxes would go up significantly. Trillion dollars. Every taxpayer. And by the way, the Democrats wanted your taxes to go up to stop a $4 trillion tax increase is a massive victory. That's victory one in the one big, beautiful bill. Victory two, we enacted new tax cuts. No tax on tips.

[Ben Ferguson]

Yep.

[Ted Cruz]

That's my legislation. I drafted it. It is in this bill. That means if you're a waiter or waitress, if you're a bartender, if you're a barber or a hairstylist, if you work at a nail salon, if you're a taxicab driver or an Uber driver, millions of Americans rely on tips. We're providing real and meaningful tax relief to working Americans. That's in there. No tax on overtime is in there. No tax on Social Security is in there. All three of those were President Trump's campaign promises. We delivered on all three of those. And working Americans all across Texas and all across this country will see the benefits of those major tax cuts.

[Ben Ferguson]

That's huge. I mean, it's just huge. When you think about that and you think about the promise and how it was, you know, you look at the president, I go back to the campaign, and he came out and he was in Vegas, and he was like, hey, we shouldn't be taxing people. They're working their tails off. And the tips and everything else. And then the left actually came out and immediately started attacking him for the saying, it'll never happen. This is not a good idea.

[Ted Cruz]

They did say, it'll never happen. They said, it's an empty promise. Yep. By the way, I've told the story of where he came up with the idea of no tax on tips. He was, the day of his Vegas rally, he was having lunch in Vegas. He said there was a waitress who came up to him, was serving him lunch, and Trump being Trump, he told us, he said she was beautiful. I'm telling you, she was beautiful. And he said she was saying how stressful it was to pay taxes on tips and how complicated it was. And he said he just pulled out a piece of paper and he wrote on the piece of paper, no tax on tips. He said, what do you think? She says, that sounds great. And he said, I had a rally that afternoon, so I went out to the rally, and I said, all right, let's try it out. And he said, no tax on tips.

[Ben Ferguson]

Place went nuts.

[Ted Cruz]

It went nuts.

[Ben Ferguson]

Because it's a taught town. I mean, it is. People.

[Ted Cruz]

People make it 65% of the workers in Nevada are tipped workers.

[Ben Ferguson]

They rely on it as their income.

[Ted Cruz]

Yes. And so I saw it, and I said, this is political genius. And I immediately drafted the legislation to make it happen. That is part of one big, beautiful bill. Victory three, Securing the border. We mentioned what the President has done by enforcing the law. What we put in one big, beautiful bill is $150 billion to secure the border. It is the largest investment in border security in the history of America. It will build the wall. It will complete the wall. We will hire more Border Patrol agents. We will hire more ICE agents. We will build more detention facilities. We will have more detention beds. And we will employ technology. Infrared drones, helicopters. It is, as I said, the biggest investment ever to secure the border. That is in the bill.

[Ben Ferguson]

One of the things that you mentioned, there was technology. It is amazing to see how far behind we've been on technology and how we didn't have the funding for the technology that we knew we needed. That was clearly done on purpose by the prior administration. Because if you don't have the technology, then you're behind. The cartels are ahead. The human traffickers are ahead. The people are ahead of you. They held us back on purpose to again open the border.

[Ted Cruz]

Yes.

[Ben Ferguson]

So we've been playing catch up, and that's why this money was so important. This bill.

[Ted Cruz]

There's another strategic victory, which is every spending bill. Democrats hold border spending and military spending hostage. Yep. What we've done is funded the things that are critical to keeping this country safe, which means the Democrats can't hold it hostage anymore. So. So it has. There's a tactical advantage going forward on the next budget battle because this $150 billion we have appropriated, it, it is going out the door. And there's not a damn thing Chuck Schumer or AOC can do to stop it. That is valuable on the psyche aspect.

[Ben Ferguson]

Of it, because I do think this is one of the things that is. I'm witnessing a change. Our Border Patrol agents, whether it's Department, Homeland Security, ice.

[Ted Cruz]

Yes.

[Ben Ferguson]

Their mentality right now has got to be on a high.

[Ted Cruz]

It is like a drowning man about to die, given a life preserver, lifted out, saved. They are able to do their jobs. They're locked up, they're fired up.

[Ben Ferguson]

They're ready to go to war.

[Ted Cruz]

Traffickers. They're stopping drug traffickers. Every time I see Border Patrol agents or an ICE agent, to be honest, half the time we just hug. I mean, the level of. They're just like, thank God we get.

[Ben Ferguson]

To do Our job.

[Ted Cruz]

Victory number four, repaying the states for border security. $13.5 billion. Over $10 billion going to Texas. Texas taxpayers spent over $10 billion to secure the border because Joe Biden and the Democrats refused to do so. I helped lead the charge to repay the states that is in there. That means Texas is getting over $10 billion paid back. That's a huge victory. Victory number four. Victory number five, rebuilding the military. Over $150 billion to support our soldiers, our sailors, our airmen, our Marines, to build new submarines, to build new next generation fighter jets. To improve our ability to stand up to China, to stand up to our enemies, to combat hypersonics, the next generation of warfare. Look, with the military, often you're fighting the last war. We're going forward. We're going to face 10,000 drone swarms using AI, investing $150 billion to make sure we can defend this nation. There's no responsibility the federal government has that is more important. And by the way, this is the money the Democrats always hold hostage. So we funded it. Right now they can no longer touch this hostage because this is done. Huge victory number six, the Coast Guard. Now, this is something I'm particularly proud of because, as you know, I'm the chairman of the Committee on Commerce, Science and Transportation.

[Ben Ferguson]

Yep.

[Ted Cruz]

The Coast Guard is in our jurisdiction. So I wrote the Coast Guard provision $24 billion for the Coast Guard. This is the single largest investment in the Coast Guard in the history of the United States of America. To give you a sense of the scope of the order of magnitude, the annual budget of the coast guard is about $12 billion. We are spending about 200% of the annual budget on the Coast Guard in investments. And what are we doing? We're buying new ships, we're buying new helicopters, we're buying new physical infrastructure. And critically, we're investing in ice cutters and polar ice cutters and Arctic ice cutters. Right now, China is kicking our ass in the Arctic. And the Arctic is critical for national security. Any war, ICBMs are gonna come over the Arctic. The Arctic is now, you've got the United States on the Arctic. You've got China playing on the Arctic, you've got Russia playing on the Arctic. And we are losing. This funding will enable us not only to compete, to win. And by the way, a huge theme of everything I do in Congress is beat China, beat China, beat China. This investment in the Coast Guard is to beat China in the Arctic. But let me tell you, a huge America first benefit for this, which is Shipbuilding in America has almost entirely disappeared.

[Ben Ferguson]

Yeah, and that's scary.

[Ted Cruz]

From a national security standpoint, it is very scary. But this Coast Guard bill will bring shipbuilding back to America. You look at Galveston, Texas, there's a huge multi billion dollar shipyard that is being built and expanded right now to build these ice cutters. And the problem previously is if you're a private company, you couldn't make the multibillion dollar investment because you didn't know where demand was going to come from. Because we have $24 billion appropriated. There is a multi year stream of buy orders coming from the Coast Guard for these ice cutters that is going to bring back thousands of jobs, good American jobs right here, building ships to keep America safe. That is in the bill. I'll tell you, when I was in the Hill country, when I was with the Coast Guardsmen who were rescuing Texans from the floods, every single coastie, every one of them, every man and woman knew exactly about this investment in the Coast Guard. They knew it was the biggest in history. And every one of them said, thank you. This will make a massive difference in our ability to do whatever.

[Ben Ferguson]

I've got a good friend, the Coast Guard, he said to me the other day about this. He said, you know, the Coast Guard, he's been in for 20 plus years. He said, we've always gotten the hand me downs. We get the leftover equipment and the old equipment, that's a lot of their equipment literally come from surplus, from military and other things. He said, this is the first time that we are now like on the cutting edge, on our own because of what you just described. He said, not only is morale gone through the roof, we're no longer like the forgotten agency. Like, we're kind of like, oh, the fifth wheel of military and government. He's like, now we matter and it matters for national security, as he described it. And I think that's a great point.

[Ted Cruz]

That is absolutely right. And by the way, the Coast Guard also does drug interdiction. It does border security.

[Ben Ferguson]

Exactly.

[Ted Cruz]

The Coast Guard is critical for securing our border. And so this investment, having those Coast Guard cutters to stop drug traffickers, stop human traffickers, and also to engage in search and rescue, which is hugely important. That investment is something I care deeply about. And by the way, we're at number six. I told you, I'm going to give you 12 major conservative victories in the one big beautiful bill. We're at six. I actually want listeners to pause for a second. How many of you could list the first six before this podcast And I just want to make the point, what kind of job does the corporate media do? I'm willing to bet virtually none of our listeners could have listed those first six because the news hasn't covered it. And it's why we do this podcast, to give you information so that when you're talking to your friends and your colleagues, you will know what's being accomplished. There's a reason President Trump is so excited about this one big, beautiful bill, because it is massive, massive victories for America.

[Ben Ferguson]

Number seven.

[Ted Cruz]

Number seven, spectrum. Now, spectrum. What is spectrum? Electromagnetic spectrum. It is how we communicate. It's how our cell phones work. It's how WI fi works. It's how satellites work. It's how streaming works. It's all of electronics. Spectrum. The largest holder of spectrum is the United States government. The United States government has vast swaths of spectrum. And under Joe Biden, the United States government stop making new spectrum available to the private sector. They ended auction authority. It was grotesquely irresponsible. It did massive damage to America. It destroyed jobs in America, and it let China get ahead of America in this bill. I wrote the legislation that directs the federal government to auction to the private sector 800 MHz of spectrum for private sector investment. What does that mean? Number one, that will generate in excess of $100 billion of revenue to the federal government.

[Ben Ferguson]

Wow.

[Ted Cruz]

Real money. Now, even in government terms, $100 billion is real money. And listen, you and I are deeply concerned about the deficit and the debt. The entire Commerce title that I wrote that had historic investments in Coast Guard and a bunch of other things, I ended up saving over $40 billion, reducing the deficit and the debt by over $40 billion. And the driver was, because of spectrum auction authority, we brought in, we will bring in $100 billion to pay down the debt. That's real money. But it's not the biggest piece of this. The biggest piece of this is by auctioning this spectrum off, we will open up billions and billions of dollars of private sector investment. The companies that buy this spectrum are going to invest. It is going to create hundreds of thousands of jobs. That is not an exaggeration. Hundreds of thousands of jobs. And you know what? Spectrum is all about? Beating China to 6G. I mentioned my consistent theme. Beat China. Beat China in the Arctic with the Coast Guard. Beat China to 6G with spectrum. And I gotta tell you, three months ago, there was nobody in Washington who thought we could get this done. I sat in the office of the speaker of the House, Mike Johnson, a good friend of mine I said, mike, we're gonna do Spectrum on the one big beautiful bill. And Mike laughed in my face. He's a good friend, but he's not there. He said, there's no chance because the Department of Defense and the CIA will fight you. They will stop you. You cannot get it done. We not only got it done, when I cut the deal and got it in the bill, President Trump called me the next morning. He said, ted, this is incredible. This is like, how did you get such an incredible deal? Historic Spectrum Auction Authority producing hundreds of thousands of jobs and beating China to 6G. That's in the bill. Number eight, air traffic control. This bill invests $12.5 billion modernizing our air traffic control. To keep your family safer when you fly. To keep my family safer when we fly. To stop using outdated radars, to stop using computers that have floppy disks and.

[Ben Ferguson]

Little silver and copper wire.

[Ted Cruz]

Copper wire. To modernize our air traffic control. A massive investment in keeping the American public safe. This bill. I wrote that portion that is also in the commerce title. So I wrote that portion that will fund and improve air traffic control. A huge victory. Number nine, space.

[Ben Ferguson]

Yep.

[Ted Cruz]

This bill has 10 billion for NASA to go to the moon for the Artemis program, for the Gateway program to beat China to the moon. China has said they intend to return to the moon by 2030. In my view, if we lose the moon to China, it would be a catastrophic loss. It would be a loss if we woke up in a few years and China was on the moon and China established a base on the moon, which is what they said they intend to do with the Russians.

[Ben Ferguson]

And they made that very clear. That is the sole intent of going. It's not just to go to the moon, it's to have a base on the moon.

[Ted Cruz]

Yes. If they did that and we lost, I think it would be worse than Sputnik, that it would be a national body blow that would crush this country. And look, the Moon is critical, number one, for national security. The Moon is the high ground. You look at so much of our national security and so much of our commerce depends on. On satellites in orbit around the Earth. The Moon gives you the high ground. It is very dangerous for us to cede that to China. It is unacceptable for us to cede that to China. But number two, there are massive rare earth minerals on the moon. Their enormous economic advantages. It is current US Law that it is the policy of the American government to have a sustained human habitation either on the lunar surface or. Or in cislunar orbit. This investment in beating China to the moon. And by the way, the moon is a stepping stone to Mars. We will go to Mars, but we haven't landed on a celestial body in over 50 years. So we're going to land on the moon first to make sure we know how to do it, and then we're going to go to Mars. This investment, I wrote this investment in there, I will say there was significant resistance. And without getting too much into the sausage making, we won against the resistance. This is in there. It is a massive investment.

[Ben Ferguson]

And China is going to notice China as well.

[Ted Cruz]

Yeah, that is exactly right. That's number nine. Number 10, CAFE standards, the standards that mandate you keep having to have higher and higher fuel efficiency on your cars. That's what the Biden administration has used as its tool, as one of its tools to wage the war on the internal combustion engine to try to force every car to be electric. Is they keep jacking up CAFE standards higher and higher and higher. What does that mean? Number one, it drives up the cost of your cars. You notice cars have gotten a lot more expensive, Trucks have gotten a lot more expensive. Number two, it makes cars less safe because one of the ways you get the gas efficiency higher is you replace metal with plastic.

[Ben Ferguson]

Yeah.

[Ted Cruz]

Make it lighter, cheap plastic that crumbles in a crash and more people die in the commerce section of the one big beautiful bill. You know what we did to CAFE.

[Ben Ferguson]

Standards, what was that?

[Ted Cruz]

Zeroed them out.

[Ben Ferguson]

Really.

[Ted Cruz]

They're gone. So it's actually.

[Ben Ferguson]

So you're telling me that my car, instead of being all plastic, we have a little fender burn and everything breaks. They could actually go back and say, hey, we're not trying to save weight here. We're trying to actually make safe cars again.

[Ted Cruz]

It can be a great American car again, made of steel, tough as hell. And by the way, you want to buy electric car, great.

[Ben Ferguson]

That's your choice. If you want to buy a hybrid, great.

[Ted Cruz]

You want to buy a gas car, great. It ought to be consumers choosing. And actually, the way we did this, we very much modeled how in 2017, we repealed the individual mandate on Obamacare. So that was a fight I led in 2017. The individual mandate, the way we eliminated it is under the rules of reconciliation. We could not eliminate the legal mandate to buy health insurance, which was the individual mandate under Obamacare. So you know what we did? We made the penalty zero. So you used to be. The IRS fined you. If you didn't buy health insurance, the IRS would fine you. It is still the law. You're required to buy health insurance, but if you don't, you will be fined zero dollars and zero cents. We did the same thing to CAFE standards so they can put their standards out, but the penalty for violating it is zero. And I want to mention, look, this is again, like PBS and NPR. This has been a conservative battle for.

[Ben Ferguson]

50 years and Democrats have been winning for 50 years, unfortunately.

[Ted Cruz]

And we got this done. I wrote this portion. It is in the bill. It is zeroed out. And we got this done. And I'm willing to bet fewer than 1% of our listeners even knew we had done it because we won so many victories that this falls all the way down to number 10 on the list.

[Ben Ferguson]

Incredible. Well done.

[Ted Cruz]

The final two.

[Ben Ferguson]

Yep.

[Ted Cruz]

The final two, as you know, are very near and dear to my heart. Number 11 is school choice. In this bill we passed the single largest and most consequential federal school choice bill in the history of our country. I wrote this provision. Every single American taxpayer can now contribute up to seventeen hundred dollars a year to a scholarship granting organization in the states and get a dollar for dollar credit on their taxes. It means the money is free. The effect of this is going to be tens of billions of new scholarship money in the states for school choice. For K through 12 school choice. We're going to do a subsequent pod that does a really deep dive because.

[Ben Ferguson]

This is part of your legacy, by the way. This is going to be part of your legacy.

[Ted Cruz]

This is the issue I care more about than any anything else. I have spent 30 years fighting for it. And we're going to do another pod where we do a very deep dive because there's some aspects of this that I want the listeners to appreciate that are both incredible policy victories, but also massive political victories. We are creating incentives to turn blue states red to build constituencies of parents and kids who want fantastic education. This is, I told the President, if and when we get this done, you will go down in history as one of the greatest civil rights presidents in our nation's history. Your critics will never acknowledge that.

[Ben Ferguson]

Yeah, but the reality will be you're gonna change poor communities.

[Ted Cruz]

The reality is the school choice provision is massive and it's in the bill. And then the final number 12 are the Trump accounts, the Invest America accounts. Again, I wrote this provision.

[Ben Ferguson]

This could fundamentally change this country.

[Ted Cruz]

By the way, starting next year, July 4th of next year, the 250th anniversary of the United States of America, every child in America will have a personal investment account. Every newborn child will have it seeded with $1,000 parents, family, employers can contribute up to $5,000 a year in a tax advantaged account. All of that money is invested in The S&P 500 is invested in the stock market. That enables every kid to enjoy the incredible benefits of compound growth which will transform our kids. The wealth creation for the next generation of Americans will be utterly transformative. And not only that, this creates a new generation of capitalists as our kids will all be owners of the largest employers in America. These two victories, school choice and personal investment accounts for kids. Without exaggeration, Ben, and I've told the President this. I think 10 years, 20 years, 30 years from now, these will be the two things everyone remembers from this bill. Everything else I listed 1 through 10, which are massive. They are conservative victories for the generations. I think 11 and 12 will dwarf 1 in 10 because the difference we will see trillions of dollars invested in 401ks for kids in these trump accounts. That will change the future of every one of our kids and make them all have skin in the game in our capitalist society. And school choice is going to literally provide hope and opportunity to millions of kids. We got both of them done. Those are victories, generational victories. And when the President signed it on July 4, they were victories for all of America.

[Ben Ferguson]

Don't forget, share all of this information with your family and friends on social media. Put the podcast up wherever you are and hit that subscriber auto download button. Write us a five star review. It helps us reach a new audience and the center and I will see you back here for the weekend review tomorrow.

[Lisa Booth]

This is an I heart podcast.