
Loading summary
iHeart Podcast Host
This is an iHeart podcast.
Rodney Williams
You know what's great about your investment account with the big guys? It's actually a time machine. Log in and zoom. Welcome back to 1999. It's time for an upgrade. At public.com you can invest in almost everything. Stocks, bonds, options and more. You can even put your cash to work at an industry leading 4.1% APY. Leave your clunky, outdated platform behind at public.com go to public.com and fund your account in five minutes or less. Paid for by Public Investing Inc. Member FINRA and SIP. Full disclosures at public.com disclosures Bubba Wallace.
Bubba Wallace
Here from 2311 Racing Funny thing about being fast. You end up waiting a lot. First to show up, first in line, then just waiting. Me, I rev up Jumbo casino with over 200 social casino games. No slow lanes here. Why sit around when you can spin? I'm already racing your turn. Play for free@jumbacasino.com let's Chumba sponsored by Chumba Casino.
Travis Holloway
No purchase necessary. VGW Group voidware prohibited by law 21 + terms and conditions at Designer Shoe Warehouse we believe that shoes are an important part of. Well, everything from first steps to first dates. From all nighters to all time personal bests. From building pillow forts to building a life for all the big and small moments that make up your whole world. DSW is there and we've got just the shoes. Find a shoe for every you from brands you love at brag worthy prices at your DSW store or dsw.com hey.
Karen Kilgariff
It'S Karen and Georgia from my favorite Murder. Thanks to Hyundai we got to take a post show drive in the Ionic five.
iHeart Podcast Host
We had snacks, laughs and we even recorded a special episode featuring some unforgettable car themed stories.
Karen Kilgariff
Take a listen. I'm gonna tell you a story today, Karen. It's about a pivotal role that cars played in none other than the Montgomery Bus Boycott.
iHeart Podcast Host
Okay, well yes, it's right there in the tit. This episode is brought to you by the 2025 Hyundai Ioniq 5 stuck in.
Call of Duty Advertiser
The same day to day routine. Wake up, go to work, eat, sleep, repeat. Break through the boredom this summer and download Call of Duty Mobile for free. Enjoy. Fan favorite maps, modes and operators from classic Call of Duty titles. Plus new mobile exclusive content today doesn't have to suck. Cure your boredom for free with Call of Duty almost anywhere, anytime. Call of Duty Mobile is available on both the Apple App Store and Google Play Stor Store for free today. Rated M for Mature.
Senator Ted Cruz
Welcome. It is verdict with Senator Ted Cruz. Ben Ferguson with you. And Senator, we finally got some action in the Senate on the big beautiful bill. Catch us up to date.
Travis Holloway
Well, we do. Late Saturday night there was a major vote to move forward the one big beautiful bill. The vote passed. The vote was 51 to 49. All Republicans except two voted to move it forward. Now, Sunday, you and I are recording this on Sunday. So we don't know exactly what has happened yet except that Monday is going to be an all day voterama unlimited amendments. The Democrats are going to try to make Republicans cast all sorts of votes on all sorts of politically terrible amendments. Here's my prediction. We will get this done. And by the end of the day Monday, the one big beautiful bill will pass the United States Senate. It will have major, major victories for the American people, major victories for President Trump's agenda. We're going to break down what is likely to be in it. And we're also going to talk about three major Supreme Court decisions that came down on Friday, big victories for conservatives, reasons to celebrate. We're going to lay out the details of all three.
Senator Ted Cruz
Yeah, it is going to be very big. And we'll talk about the biggest things that happened, as you mentioned, with the Supreme Court and also what is in the big beautiful bill in just a moment. Want to talk to you real quick about a really awesome company. Two of my good friends started this, Buck Sexton and Clay Travis, because they were sick and tired of just getting an average cup of coffee. Look, good coffee. It's easy to find, but great tasting coffee is so much harder to discover. And they sent me some Crockett coffee and I was like, all right, I'm going to try it. It's my friend's company. How good is it? Let me just tell you. It was special. Crockett coffee is roasted to perfection in small batches on purpose by experts who love the taste of great coffee. It's roasted in our nation's heartland and delivered fresh to your home or office. You're going to love exactly what you get in every single cup of coffee. And you're going to enjoy the aroma of Crockett coffee as it brews in your home or your office like you've never experienced before. So if you want a great cup of coffee, a premium cup of small batch coffee every single day, then you need to check out Crockett coffee. You can choose between fresh ground or whole bean or K cups. Whatever it is you like, you get it. And if you're interested in mushroom coffee and the Positive benefits that come with enjoying that each day. Crockett Coffee is now producing that too. There's a dark roast, a mild roast, a light roast, a decaf version. They've got it all. So check out this company and what they do. And here's the other thing. A portion of your purchase every time goes to support tunnels to Towers Foundation. Because the good people at Crockett Coffee are pledged to never forget what happened. Go online. I'm gonna save you money. CrockettCoffee.com if you use my name, Ben, you're gonna get 20% off your first order. That's Crockett Coffee.com Use my name, Ben, to get 20% off your first Order. That's CrockettCoffee.Com promo code, Ben. And you'll get 20% off and you'll love it. All right, so the big beautiful bill, it's becoming real. It's in the Senate. What excites you the most about what's in this bill sender that people need to know about?
Travis Holloway
Well, this bill is the principal vehicle to advance President Trump's agenda. The mandate we had coming out of the election. Now let me tell you procedurally where we are. Saturday night at 7:30, the Senate took it up. We needed at least 50 votes to move forward. There was a lot of drama. It was not clear that we were going to have 50 votes at the end of the day. And it was about midnight on Saturday night. We ended up with 51 votes. Two Republicans voted no. Rand Paul voted no and Thom Tillis voted no. Rand was always going to vote no. Rand has said from the beginning he's going to vote no against anything in this bill. It's frustrating. Rand is a friend but, but his vote is, is hard. No. No matter what. So he's off the table. So we basically have 52 Republicans to work with. Tom Tillis. Thom Tillis has been very vocal that he's concerned about Medicaid and he wants fewer cuts in Medicaid spending. I don't agree with Tom on this, but he certainly has a right to his view. Tom's a good man. That debate will be ongoing. What will happen next? So the Democrats objected. Normally there's a pretty standard motion in the Senate where you ask unanimous consent to waive the reading of the bill. Well, the Democrats objected to that. So what is happening is a poor clerk of the court or clerk of the Senate rather, has to sit there and read a thousand page bill. And so all night, Saturday night at 1:00am, 2:00am, 3:00am 4:00am, 5:00am A clerk of the court is reading page after page of a thousand page bill. They're going to read the entirety of the bill. That'll take 10 to 12 hours. We will then shortly thereafter. So the Democrats then have 10 hours of debate where they're all going to stand up and the preview that they're going to say on Sunday is they're going to say Republicans are horrible. They're going to say Republicans are throwing Granny off the cliff. They're going to say Republicans hate poor kids, hate people with disabilities, hate women, children, men, old people, young people, puppies, kittens, everyone and everything. They're going to say that they're going to attack this bill like crazy. But then their 10 hours are going to be up and the Democrats can't stop it. What happens next? And this will happen Sunday evening. It'll extend all night Sunday, it'll extend into Monday morning. This podcast will come out. My prediction is this podcast will come out and we'll still be voting. We'll end voting sometime between midnight, 1, 2, 3, 4am, 5am it could be as late as 7, 8, 9, 10am on Monday. It depends how long the Democrats delay. One of the weird things about budget reconciliation, the entire process proceeds under the Budget act of 1974. The reason reconciliation matters, there's a lot of procedural gobbledygook that doesn't matter, but the reason it matters, it's the principal exception to the Senate filibuster. The ordinary rules in the Senate are that you need 60 votes to proceed on legislation. We don't have 60 Republicans, we only have 53. So to get 60 votes you need seven Democrats. Seven Democrats are not going to agree to do anything positive for America right now. Which means budget reconciliation is the main way to get around that. Under the rules of budget reconciliation, the Democrats can offer unlimited amendments. So they're going to offer every horrible amendment they can and they, they're literally sitting there drafting, okay, what amendment can we craft that makes Republicans take a terrible vote? Makes Republicans take a vote that then will run TV ads and attack them and try to beat them in November. That'll happen all night.
Senator Ted Cruz
Give an example of that gamesmanship.
Travis Holloway
And by the way, both sides do this. So when the Democrats are in control, they use budget reconciliation. They used it multiple times. They spent trillions of dollars through budget reconciliation. The so called Inflation Reduction act was passed through budget reconciliation. And so look, we teed up all sorts of terrible votes which frankly, we ran campaign ads against them and beat them in November on that. And so there is value in forcing your opponents to vote on things they don't want to vote for, particularly when your opponents are embracing unpopular positions. In this case, they'll try to tee up bad amendments and hopefully Republicans will rally together and reject those amendments. But it will be, it's going to be a long night. I expect that. All 100 senators. And by the way, the median age is about 106. So that says something. All 100 senators, I think, will be up all night Sunday night and well into the morning on Monday. At the end of the day, I believe we'll get this done. We'll see. I mean, look, this podcast will come out and when we'll find out if my prediction is right or wrong. But I think we'll get it done. And there's a lot of good elements in this bill. This bill, number one, avoids a $4 trillion tax increase. If we did nothing at the end of this year, there would be an automatic $4 trillion tax increase. The entire 2017 Trump tax cuts would expire. And so a huge purpose of this bill is to avoid that, to keep taxes low. This bill also embodies and enacts many of the key tax cut promises President Trump made. So, for example, this bill includes no taxes on tips. That's my legislation. I wrote that legislation. It was President Trump's promise. But I wrote the bill that is in this bill. We're going to get it passed. It also includes no taxes on Social Security and no taxes on overtime. Both of those are huge working class, blue collar victories. President Trump campaigned on them and I think we're going to deliver them. Beyond that, this bill is also the vehicle to secure the border. There's $150 billion in funding to secure the border, to build the wall, to hire more Border Patrol agents, to hire more ICE agents, to deploy more technology at the border. That is a big deal. On top of that, there's another $150 billion to rebuild the military, to invest in defeating China, defeating our adversaries, to invest in hypersonics, to invest in the next generation of military defense. Historically, the Democrats keep defense hostage. So the battle that you have in Washington classically is between guns and butter, where Republicans care about guns. We care about actually defending the nation, supporting our military. The Democrats, by and large, don't care about that. And they try to hold defense spending hostage, to push for more domestic spending, more welfare. They are the party of welfare. They are the party of big spending. We're making a major investment in the military precisely because the Democrats can't hold that hostage. And then there are a ton of other priorities, including three huge priorities of mine, legislation that I introduced that are in this bill. Number one, auctioning off 800 megahertz of spectrum. Why does that matter? What does that mean, auctioning off spectrum? Look, electromagnetic spectrum is how all of our electronic devices communicate. It's how WI fi operates. It's how you get your cell phone operates. It's how you get streaming. And 60% of the most valuable spectrum is controlled by the federal government. I wrote the provision in this bill that mandates the federal government sell a significant chunk of that spectrum to the private sector. That's going to do a couple of things, Ben. Number one, it's going to produce, I believe, over $100 billion in real revenue to the taxpayers, money that will pay down the deficit, pay down the debt. So that's real revenue to the federal government. But number two, even more importantly, it will unleash billions of dollars of private sector investment and create hundreds of thousands of jobs because America needs to win the race for 6G, which is the next generation of telecom, and beat China. That is in this bill. And then there are two other provisions we've talked about, both of which I've authored. Number one is school choice. And this bill has the most significant federal school choice provision ever written into law. I wrote it as we speak. Now I'm battling with the Senate parliamentarian to keep that in the bill. I believe we will keep that in the bill. And that investment, I think school choice is the civil rights issue of the 21st century. And finally there are the Invest America accounts, the Trump accounts, where this bill will create a private investment account for every child in America, will seed it with $1,000, will allow family and employers and parents to contribute $5,000 a year in a tax advantage fund. That fund will be invested in the s and P500. It will grow with compound growth, and it will make a whole new generation of capitalists. I actually think this provision, it's a very small part of the bill. I think 10, 20, 30 years from now, it will be the single most impactful part of the bill because we will have a whole generation of kids who have built up savings and investment in the market. They will be owners of the major employers in America. That's in the bill. I'm really excited about it.
Senator Ted Cruz
It's going to be, as you said, one of the core things, I think, for Donald Trump in a victory for him and for the American people. How significant do you think the boost could be just to the rest of the agenda of putting America first, the MAGA agenda, because of this big victory? I say early on as administration, yes, we're well past 100 days. It takes time to get these things done. But this could also be momentum building for other agenda items. Am I wrong?
Travis Holloway
You're not wrong. And listen, I expect we're going to take up other reconciliation bills over the next year and a half. Why? Because reconciliation is the biggest exception to the filibuster. So it's the way we can legislate and get victories. But this bill has massive victories in it. Now, some conservatives, including me, have argued we should cut spending more. I agree with that. I have leaned in hard on cut spending, cut spending. I've made that case to my colleagues. I wish we were cutting spending more, but at the end of the day, we are reducing spending some. We need to do more. And we are cutting taxes in a profound way. And we are winning major victories for President Trump's agenda. There's a reason President Trump is all in behind this bill. And so I think we're going to get it done. I don't know if it'll be signed into law by July 4th, but I think if the Senate gets it done on Monday, there's a real chance the House will come back and just pass the bill. And we could see on the 4th of July President Trump signing this into law. And here we have a specimen from the early 2000s, a legacy investing platform. Please don't touch the exhibit, folks. It could crash.
Rodney Williams
Ready to step out of the financial history museum@public.com you can invest in almost everything. Stocks, bonds, options and more. You can even put your cash to work at an industry leading 4.1% APY. Leave your clunky, outdated platform behind. Go to public.com and fund your account in five minutes or less. Paid for by Public Investing Inc. Member FINRA and full disclosures at public.com disclosures.
Bubba Wallace
Bubba Wallace here from 2311 Racing. Funny thing about being fast. You end up waiting a lot. First to show up first in line, then just waiting. Me, I rev up Jumba casino with over 200 social casino games. No slow lanes here. Why sit around when you can spin? I'm already racing your turn. Play for free@chumbacasino.com let's Chumba Sponsored by Chumba Casino.
Travis Holloway
No purchase necessary. VGW Group Voidware prohibited by law 21/plus.
Navy Federal Credit Union Advertiser
Terms and this episode is brought to you by Navy Federal Credit Union. Navy Federal can help you find and finance the right vehicle with ease and this summer you're in the driver's seat with savings. You can get a $250 bonus when you buy your next car through Navy Federal's car buying service. Powered by TrueCar and financed with Navy Federal. With this tool, you can find the vehicle that's right for you as you search through inventory and compare models. And you could get an amazing rate when you finance with Navy Federal. Navy Federal strives to support all active duty veterans and their families to achieve their personal and financial goals and this partnership with TrueCar is one of the many tools Navy Federal uses to help its members. Make your plan with Navy Federal and TrueCar Today Navy Federal Credit Union to qualify for the $250 Bonus, car purchase and financing must be completed by September 2, 2025. Terms and conditions apply and are available at navy federal.org truecar Credit and Collateral subject to approval. Navy Federal is insured by NCUA hey.
Laura Ingraham
Everyone, Laura Ingraham here and I have a quick message for you. Let's be honest, what we went through during COVID showed us just how broken and biased our healthcare system really is. It blocked access to medications that could have saved lives. Doctors were silenced, even threatened. People were told to just wait it out. But we're done waiting. That's why more and more people are turning to All Family Pharmacy. They're not part of the system that failed us. All Family Pharmacy is redefining health care, making meds like Ivermectin, hydroxychloroquine, antibiotics and methylene blue easy to access without jumping through the hoops. A licensed doctor handles your prescription and your meds arrive at your door fast. They're on a mission to make America healthy again by putting control back into your hands. So take control of your health today. Go to AllFamilyPharmacy.com USA and use the code USA10 to get 10% off your order. Again, that's AllFamilyPharmacy.comUSA with the code USA10 to save 10% because when the system doesn't work for you, we choose a better way.
Karen Kilgariff
Hey it's Karen and Georgia from My favorite Murder. Thanks to Hyundai we got to take a post show drive in the Ioniq 5.
iHeart Podcast Host
We had snacks, laughs and we even recorded a special episode featuring some unforgettable car themed stories.
Karen Kilgariff
Take a listen. The Montgomery Bus Boycott Success was dependent on the action and dedication of many individuals, of course. But today we're going to on the work of one of those people in Particular, a woman in her 30s. And yes, I love her name. It's Georgia Gilmore.
iHeart Podcast Host
Oh, yes. Today's story is centered on a group of courageous women dedicated on taking down Hitler during World War II. They banded together to form an all female ambulance corps, which became the first unit of its kind to join an official combat division on the Western front. This is the story of the Rochambeau Group, best known by their nickname, the Rochambells.
Karen Kilgariff
Oh, my God.
iHeart Podcast Host
Right? This episode is brought to you by the 2025 Hyundai Ioniq 5.
Senator Ted Cruz
I want to move to the other big story as well, and this one deals with the Supreme Court. The Supreme Court's term has come to an end, and there was a major not just win, but wins for President Trump and also the rule of law. I love talking Supreme Court with you. And, I mean, this is a compliment. You get to geek out on it because you clerk there, take us into what just happened and how significant were some of these major decisions.
Travis Holloway
Yeah, you know, there are few things more wonderful than an Ole Miss varsity tennis player calling me a geek, but, you know, the truth hurts. And so I will happily do that. So there were three major decisions from the Supreme Court came down the end of last week. All three were victories. The most important was a decision on President Trump's birthright citizenship executive order. And the punchline is the court dramatically reined in the ability of district courts to issue nationwide injunctions, universal injunctions. We're going to break all that down momentarily. There was also a big victory that held that the parents of public school children can opt out of LGBT curriculum. It's a big win for religious liberty, big win for parental rights. And finally, one other decision upheld a Texas law. So Texas passed a law requiring age verification for porn sites that was challenged as unconstitutional. And the Supreme Court upheld that. Six. Three as well. So three big victories. Really important.
Senator Ted Cruz
All right, so let's start with universal injunctions and the Trump v. CASA case. This is also, by the way, something that you. You chaired the subcommittee hearing on that very issue earlier this month. So explain why this is such an important issue for everyone listening.
Travis Holloway
Well, this was a case challenging President Trump's executive order on birthright citizenship. Birthright citizenship is the law that says that a baby born in America is a US Citizen, even if that baby's parents are illegally, Even if they came illegally. Precisely to have that baby in America. Nonetheless, that baby is a US Citizen. As a policy matter, I think that is a very foolish policy. It is a policy that incentivizes illegal Immigration. You see, people, I spend a lot of time at the southern border. I go out on midnight patrols with the border patrol agents. We see every day pregnant women coming across the border illegally, coming across, being brought in by human traffickers with the express purpose of coming here to have their baby in America, because that baby then becomes an anchor baby. That baby becomes a US Citizen. That doesn't make any sense. And by the way, most of the other countries on Earth don't have that policy. If you sneak into another country illegally, most other countries don't make them a citizen of that country. It is an accident of American history that our law has done that. And so for more than a decade, I've advocated for ending birthright citizenship. Now, Ben, there is an open legal debate about how you can end birthright citizenship. There are some legal scholars who argue it can only be done through a constitutional amendment. And the reason is part of the predicate for birthright citizenship is the language of the 14th Amendment that talks about granting citizenship to people born in America. Now, there's a phrase in the 14th amendment which is subject to the jurisdiction thereof. And legal scholars argue back and forth. Some say you can only change birthright citizenship through a constitutional amendment. If that's the case, we should have an amendment because it's a policy that is foolish. Others say Congress can pass legislation to end birthright citizenship because someone who comes here illegally is not subject to the jurisdiction thereof, is not subject to American jurisdiction, but rather came here illegally. I've introduced legislation to end birthright citizenship through legislation. What President Trump has done is he's tried to do it a third way, which is through an executive order. That's going to be a harder hurdle to get through. But he's trying to do it. And on the policy grounds, he is exactly right. So what happened is, in this case, there was a lawsuit challenging President Trump's executive order purporting to eliminate birthright citizenship. And the district judge issued a nationwide injunction, a so called universal injunction. Ordinarily, courts have jurisdiction, have authority over the parties in front of them. So if you have two parties in a car wreck and they crash into each other and one party sues the other, the court has jurisdiction over those two parties to say, okay, you're at fault, you pay for the repairs and the medical bills of the person injured, that is called under the Constitution, Article 3 of the Constitution, courts are given jurisdiction over cases and controversies. So actual disputes between real people. What the district judge did in this case is issued an injunction prohibiting Donald Trump and Prohibiting the entire federal government from enforcing the Birthright Citizenship Executive Order against anybody, not just against the parties in front of the court, but 330 million people in this country. The court said, you cannot enforce this against anybody. It is a universal injunction. That is something that for the first hundred plus years of our country never occurred. Universal injunctions began occurring more frequently, but not that much more frequently. There have been over 40 universal injunctions issued against Donald Trump in the first five months of his presidency. Now, how does that compare to the historical record? There are more universal injunctions that have been issued against President Trump than were issued in the entire 20th century from 1900 to 2000. There have been more in the last five months than there were in those hundred years. There have been more universal injunctions issued against President Trump than were issued against all eight years of George W. Bush, all eight years of Barack Obama, and all four years of Joe Biden. Five months. Trump has even more than that. It has been an abuse of power. And as you noted, I have been very vocal. I've been laying out the case. I chaired a Judiciary Committee hearing focused on exactly this abuse of power. This is the next wave of lawfare. During the last four years, we saw Democrat prosecutors indicting Donald Trump that was using the courts to attack their political enemy to try to stop the voters from re electing Donald Trump. That didn't work. They failed. Once President Trump was reelected, this was the next iteration of lawfare. Get Democrat attorneys general, get left wing radical groups to go seek out radical district judges put on the bench by Joe Biden and Barack Obama to issue injunctions and shut down the entire Trump agenda. Because, and understand these Democrat attorneys general, they don't believe in democracy. They don't believe the voters have a right to decide this is what we want and to elect someone to carry it out. Instead, they want courts to stand in the way. Well, you and I talked about on an earlier podcast what I thought was likely here and what I predicted on this podcast. As I said, I think the Supreme Court is going to reign in universal injunctions. The Supreme Court's going to make clear this is an abuse of power. And so I was really optimistic because in terms of the tools we have to rein in universal injunctions, the Supreme Court acting is by far the best. Well, on Friday, they did. Their decision was fantastic. It was 6, 3. The decision was written by Amy Coney Barrett. It is the most important opinion she has written in her tenure on the court. And it is very strong. It makes clear that individual district Judges do not have the legal authority. They don't have the jurisdiction to issue universal injunctions. That is a massive victory for the rule of law, and it is a massive blow against the lawfare that the radical left is waging against President Trump.
Senator Ted Cruz
Yeah, no doubt about it. And that wasn't the only victory that came down. Another one was a Free Speech Coalition versus Paxton. And this was a case out of Texas where the Supreme Court came down six to three, and they held that Texas AIDS verification law, where you have to verify your age to be on a pornographic website, is, in fact, constitutional. This is really a huge, I think, build off to something that you work so hard on that there was bipartisan support for, which was the Take It Down Act. And this really coupled with that is a significant move by the United States to protect kids under the age of 18.
Travis Holloway
That's exactly right. Ben, you and I are both parents. You and I are both dads. It's scary to be a parent right now because our kids, when our kids get to be teenagers, we give them phones, and phones are just this portal to everything evil and horrible in the world. The pressures that are on our kids. When you and I were young, the biggest thing you had to worry about was the kid down the street punching you in the nose and giving you a bloody nose. And that wasn't fun. But it didn't end your life. Your nose healed and you were fine. Today, our kids deal with. They deal with sexual predators online, they deal with social media, pushing all sorts of negative content to them, pushing self harm, pushing suicidal ideation, pushing substance abuse, alcohol abuse, drug abuse, pushing body image. Look, I'm the dad of two daughters, and there's so much garbage online telling young girls, you're too fat, you're too ugly, you're this, you're that. And it does real damage. And depression, anxiety, all the pressures that are directed at kids. And one of the pressures that are directed at kids is there is so much sexual content that is just bombarding children and bombarding sometimes young kids. And so the state of Texas passed a law, I think it's a very common sense law that says if you have a site that is putting pornography online that you have to verify if the users are over 18 or not, that you should not be pushing out porn to kids. And listen, when it comes to questions of free speech, I'm very libertarian. I think adults have a right to speak, and if they want to go back and forth on issues like this, adults can. But pushing porn to kids is wrong. And children the content now is just. It is graphic, it is grotesque, and it bombards our kids. And so Texas passed a law that said, if you want to push it to adults, you can, but you can't push it to kids. And there was a lawsuit. There was a lawsuit that said, look, we have a right to give 5 year olds graphic pornography. And the Supreme Court, 6, 3 Clarence Thomas wrote the majority opinion, said, no, there's nothing in the First Amendment that says you have the right to push pornography to young children. And states have a reasonable interest in protecting kids. I think that's a common sense victory. And on free speech, I'm a free speech absolutist, but I also think there is room for protecting children when it comes to adults. Adults are welcome to consume all sorts of content, but there's no reason 5, 6, 7, 8, 9 year olds should be seeing all the garbage that's there. I'm really gratified. This was an important decision.
Senator Ted Cruz
Yeah, it really was. And finally, the other one that you mentioned earlier, this one for me, is so important for parental rights and getting parental rights back in our public schools, because there was a massive fight where parents were saying we should be able to opt our kids out of this LGBTQ curriculum. There was a lawsuit. It went to the Supreme Court. It favored on the side of parents six to three. This was massive for so many parents that are concerned about their kids being indoctrinated by the radical left.
Travis Holloway
Yeah. This case arose out of Montgomery county in Maryland. And Montgomery county has a very diverse population. And the Montgomery county school board, unfortunately, is one of the more woke school boards in America. And so they put in place an aggressive LGBTQ curriculum, and they mandated it. And we're not talking high schoolers. We're talking young kids, kids kindergarten through fifth grade. And they pushed content that was pushing LGBT content that was pushing transgender content to little children. 5, 6, 7, 8 year olds. And a group of parents said, hey, this is wrong. A group of parents. And they included Catholics, they included Muslims. They said, we don't want our school indoctrinating, brainwashing our kids that you think it's great to be gay, to be transgender. You think it's great, like, if you're a boy one day, you think you're a girl. It's not the school's job to tell our five year olds. That's your ideology. And so they sued. And the school board said, basically, go jump in a lake. We're going to indoctrinate your kids, and you have no right. And on Appeal the well, the district court and the court of appeals both ruled against the parents and said they had no right. And it went to the Supreme Court and the Supreme Court6 3 upheld the right of the parents to opt out of that curriculum. And the court said because it is long recognized the rights of parents direct the religious upbringing of their children, the court concluded that the parents are likely to succeed on the claim that the board's policies unconstitutionally burdens their religious exercise. Justice Alito wrote the majority opinion for a 6:3 court and they said that parents rights are violated when the government, quote, substantially interferes with their children's religious development. And so this is a great protection for parental rights. Look, parents ought to be in charge of what is being taught to their kids. It's also a great victory for religious liberty if a parent wants to teach kids to embrace a radical agenda, whether on LGBT or anything else. A parent has a right to do that. But the school system should not be indoctrinating children, in particular young children, kindergarteners is what this case was about. And so this is a big victory. Three big victories for our constitutional rights, for common sense. And all three of them were six, three out of the Supreme Court.
Senator Ted Cruz
Six, three. Massive, massive win there. I just am so thankful. You talk about elections having consequences and these fights are worth it. These are three massive changes, major victories. And remember, these Supreme Court justices were picked years or decades ago. It's why presidential elections are so important, because when things like this happen, you need a conservative court that actually looks at the law and interprets it the right way. And this is where all that hard work for so many people that went out and campaigned for people like you and others paid off. So congrats to everyone listening that votes in these elections. And this is why, you know, elections have consequences and presidencies have legacies. And this is finally where we're seeing some major, major victories and that are protecting the rule of law and protecting parental rights as we just went through there and protecting kids. Don't forget, we do this show Monday, Wednesday and Friday. Hit that subscribe or auto download button on this Fourth of July week as well. Be safe and have so much fun with your family. We'll be back here on Wednesday morning.
Travis Holloway
And here we have a specimen from the early 2000s, a legacy investing platform. Please don't touch the exhibit, folks. It could crash.
Rodney Williams
Ready to step out of the financial history museum@public.com you can invest in almost everything, stocks, bonds, options and more. You can even put your cash to work at an industry leading 4.1% APY. Leave your clunky, outdated platform behind. Go to public.com and fund your account in five minutes or less. Paid for by Public Investing, Inc. Member FINRA and SIPC. Full disclosures@public.com disclosures hey, it's Karen and.
Karen Kilgariff
Georgia from My favorite Murder thanks to Hyundai, we got to take a post show drive in the Ioniq 5.
iHeart Podcast Host
We had snacks, laughs and we even recorded a special episode featuring some unforgettable car themed stories.
Karen Kilgariff
Take a listen. I'm going to tell you a story today, Karen. It's about a pivotal role that cars played in none other than the Montgomery Bus Boycott.
iHeart Podcast Host
Okay, well, yes, it's right there in the title, right? This episode is brought to you by the 2025 Hyundai Ioniq 5 stuck in.
Call of Duty Advertiser
The same day to day routine. Wake up, go to work, eat, sleep, repeat. Break through the boredom this summer and download Call of Duty Mobile for free. Enjoy fan favorite maps, modes and operators from classic Call of Duty titles plus new mobile exclusive content. Today doesn't have to suck. Cure your boredom for free with Call of Duty almost anywhere, anytime. Call of Duty Mobile is available on mobile both the Apple App Store and Google Play Store for free today. Rated M for Mature.
Rodney Williams
I'm Rodney Williams.
Travis Holloway
And I'm Travis Holloway.
Rodney Williams
Welcome to the wealthbreak podcast, a real conversation about finance. Let's be honest, building wealth doesn't look.
Travis Holloway
The same for everyone.
iHeart Podcast Host
I feel like sometimes being broke is a cycle and that we might have.
Travis Holloway
To revisit that and we're not stopping at success stories.
Karen Kilgariff
What happens when it doesn't go right?
Travis Holloway
How do you cope with it?
Rodney Williams
Because wealth isn't just about money. It's about creating a life where you thrive and help others do the same. Listen to the Wealth Break podcast on the iHeartRadio app.
Senator Ted Cruz
The medal of Honor is the highest military decoration in the United States. Recipients have done the improbable, the unexpected, showing immense bravery and sacrifice in the name of something much bigger than themselves.
Travis Holloway
This medal is for the men who.
Senator Ted Cruz
Went down that day on Medal of Honor Stories of Courage. You'll hear about these heroes and what their stories tell us about the nature of bravery. Listen to Medal of Honor on the iHeartRadio app, Apple Podcasts, or wherever you get your podcast.
iHeart Podcast Host
This is an iHeart podcast.
Summary of "One Big Beautiful Bill ADVANCES, plus Major SCOTUS Victories Limiting Nationwide Injunctions & Protecting Parental Rights" from The 47 Morning Update with Ben Ferguson
Release Date: June 30, 2025
In this episode of The 47 Morning Update with Ben Ferguson, host Ben Ferguson engages in a comprehensive discussion with Senator Ted Cruz and Travis Holloway regarding significant legislative and judicial developments impacting the American political landscape. The episode delves into the advancement of the "One Big Beautiful Bill" in the Senate and highlights three pivotal Supreme Court victories that shape nationwide injunctions and parental rights.
[02:42] Senator Ted Cruz:
"Welcome. It is verdict with Senator Ted Cruz. Ben Ferguson with you. And Senator, we finally got some action in the Senate on the big beautiful bill. Catch us up to date."
[02:52] Travis Holloway:
"Late Saturday night there was a major vote to move forward the one big beautiful bill. The vote passed. The vote was 51 to 49. All Republicans except two voted to move it forward."
Despite initial uncertainties, the "One Big Beautiful Bill" narrowly passed the Senate with a 51-49 vote, with only two Republicans, Rand Paul and Thom Tillis, voting against it. The bill is positioned as a primary vehicle to advance President Trump's agenda, aiming to prevent a looming $4 trillion tax increase by maintaining the 2017 Trump tax cuts and implementing significant tax relief measures.
Key Provisions of the Bill:
Tax Cuts:
Border Security:
Allocates $150 billion to strengthen border security, including funding for the border wall, hiring more Border Patrol and ICE agents, and deploying advanced technology.
Military Investment:
Another $150 billion is dedicated to rebuilding the military, investing in hypersonics, and enhancing defense capabilities to counter adversaries like China.
Spectrum Auction:
Mandates the sale of 800 megahertz of electromagnetic spectrum to the private sector, expected to generate over $100 billion in revenue and spur private investment in telecom advancements, particularly for 6G technology.
School Choice:
Introduces the most significant federal school choice provision, advocating for parental control over children's education.
Invest America Accounts:
Establishes private investment accounts for every child in America, seeded with $1,000 and allowing annual contributions of $5,000, aimed at fostering financial independence and investment literacy among future generations.
[06:05] Travis Holloway:
"This bill is the principal vehicle to advance President Trump's agenda. The mandate we had coming out of the election."
Holloway emphasizes the bill's role in fulfilling campaign promises and its strategic use of budget reconciliation to overcome the Senate filibuster, despite Democratic efforts to introduce politically damaging amendments.
The episode transitions to discussing three landmark Supreme Court decisions that mark substantial victories for conservatives and the administration's policy goals.
[23:10] Senator Ted Cruz:
"So let's start with universal injunctions and the Trump v. CASA case. This is also, by the way, something that you chaired the subcommittee hearing on that very issue earlier this month."
[23:30] Travis Holloway:
"Birthright citizenship is the law that says that a baby born in America is a US Citizen, even if that baby's parents are illegally, Even if they came illegally... President Trump's executive order purporting to eliminate birthright citizenship... issuing an injunction prohibiting Donald Trump and prohibiting the entire federal government from enforcing the Birthright Citizenship Executive Order against anybody..."
The Trump v. CASA case challenged President Trump's executive order aimed at ending birthright citizenship. A district judge had issued a nationwide injunction preventing the enforcement of this executive order, a move unprecedented in its scope. However, the Supreme Court intervened decisively:
[30:06] Travis Holloway:
"The Supreme Court's decision was fantastic. It was 6-3... It makes clear that individual district Judges do not have the legal authority... to issue universal injunctions. That is a massive victory for the rule of law."
Written by Justice Amy Coney Barrett, the 6-3 ruling curtailed the ability of lower courts to issue broad injunctions affecting nationwide policies, thereby limiting the judiciary's overreach and reinforcing executive authority in policy implementation.
[30:51] Travis Holloway:
"Texas passed a law... requiring age verification for porn sites... the Supreme Court upheld that."
In the Free Speech Coalition vs. Paxton case, the Supreme Court upheld a Texas law mandating age verification for access to pornography websites. This decision underscores the state's authority to protect minors from inappropriate online content without infringing upon free speech rights for adults.
[34:20] Travis Holloway:
"Parents are likely to succeed on the claim that the board's policies unconstitutionally burdens their religious exercise."
Additionally, the Supreme Court's decision in the case arising from Montgomery County, Maryland, affirmed the rights of parents to opt their children out of LGBTQ-inclusive curricula in public schools. The 6-3 ruling recognized that such mandates could infringe upon parents' rights to direct their children's religious and moral upbringing.
[30:51] Travis Holloway:
"States have a reasonable interest in protecting kids. I think that's a common sense victory."
The Supreme Court's affirmation of Texas's age verification law marks a significant step in safeguarding children from early exposure to explicit content online. The ruling balances First Amendment rights with the state's obligation to protect its youth, setting a precedent for similar legislation nationwide.
[15:27] Senator Ted Cruz:
"How significant do you think the boost could be just to the rest of the agenda of putting America first, the MAGA agenda, because of this big victory?"
[15:55] Travis Holloway:
"This could also be momentum building for other agenda items... reconciliation is the biggest exception to the filibuster. So it's the way we can legislate and get victories. But this bill has massive victories in it."
The successful passage of the "One Big Beautiful Bill" and the Supreme Court victories are portrayed as catalysts for the "America First" agenda, providing legislative momentum and reinforcing conservative judicial philosophies. Holloway anticipates continued use of budget reconciliation to pass further reforms, emphasizing the strategic advantage it provides in a Senate with insufficient Republican majority to overcome the filibuster.
[37:15] Senator Ted Cruz:
"This is why presidential elections are so important, because when things like this happen, you need a conservative court that actually looks at the law and interprets it the right way."
The episode underscores the long-term significance of judicial appointments and legislative strategies in shaping America's policy trajectory, highlighting the interplay between executive actions, legislative maneuvers, and judicial interpretations.
Travis Holloway [06:05]:
"This bill is the principal vehicle to advance President Trump's agenda. The mandate we had coming out of the election."
Travis Holloway [23:30]:
"It's an abuse of power... the radical left is waging against President Trump."
Senator Ted Cruz [30:51]:
"The Supreme Court's decision was fantastic... It makes clear that individual district Judges do not have the legal authority."
Travis Holloway [34:20]:
"Parents ought to be in charge of what is being taught to their kids."
This episode of The 47 Morning Update with Ben Ferguson provides listeners with an in-depth analysis of the legislative advancements and judicial rulings that are pivotal to the current political climate. The passage of the "One Big Beautiful Bill" signifies a substantial legislative achievement for the Republican agenda, encompassing tax reforms, border security, military investment, and educational reforms. Concurrently, the Supreme Court's rulings reinforce parental rights and limit judicial overreach in policy implementation, marking significant victories for conservative principles and the administration's objectives.
By integrating detailed discussions, strategic insights, and notable quotes with precise timestamps, the episode equips both regular listeners and newcomers with a thorough understanding of these critical developments shaping America's future.