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Political Commentator
Not looking good for Republican speaker of the House Maga Mike Johnson. Thirteen House Republicans who voted in favor of the disastrous budget bill on Friday. They came out with a letter begging the Republicans in the Senate to basically remove a lot of provisions in the disastrous budget bill. And these House Republicans are basically saying, hey, we need your help. This budget bill's a complete disaster. So we're leaning on you Senate Republicans to fix this disastrous budget bill. Here's their letter right here. I want to share with you what it said, but I want to show you MAGA Mike Johnson's response first. And MAGA Mike Johnson's like it's too late. We can't change it. We've gotten this far. There's nothing we can do. Here's MAGA Mike Johnson saying that. Here, play this clip.
MAGA Mike Johnson
I don't buy their numbers. What do we have other estimates? We worked on the bill for almost 14 months. You can't go back to the drawing board and we shouldn't.
Political Commentator
We have a great product deliver here. He's just utterly pathetic. All right, so here's the letter right here asking the Senate to help mitigate the damages that were caused by the House version. And this is by House Republicans. Here's what they say. Dear Majority Leader Thune and Chairman Crapo, as members of the House Republican Conference we write to express our continue support of the common sense energy policy and to urge the Senate to substantively and strategically improve the clean energy tax credit provisions included in the House passed reconciliation bill HR1, the one big beautiful bill act While we were proud and it just so stupid when I read that the one because it's the dumbest thing ever While we were proud to have worked to ensure that the bill did not include a full repeal of the clear of the clean energy tax credits, we remain deeply concerned by several provisions, including those which would abruptly, abruptly terminate Several credits just 60 days after enactment for projects that have not yet begun construction, a highly restrictive and onerous FEOC regime and restrictions to transferability. This approach jeopardizes ongoing development, discourages long term investment, and could significantly delay or cancel energy infrastructure projects across the country. So you mean you oppose the bill? If that was in. Like, y' all realize you are Congress members, right? You are in the House of Representatives. So your plan was to pass just. Y' all, you're all seeing this, right? That's why I read these letters. These 13 Republicans are saying that they purposefully voted on a bill that would bankrupt their congressional districts so that they can then send it to the Senate so the Senate could try to fix their work that destroys their own constituents. That's what they're literally saying right here. They go on to say, Since January, over $14 billion in energy projects have been canceled or delayed, with 4.5 billion scrapped in April alone. Again, pause there. So former President Biden created jobs, right, with the Inflation Reduction act, the Infrastructure act, the CHIPS act and other legislation. But since January, a lot of projects in these Republican districts, Democratic districts too, but in Republican districts, have been canceled, causing their constituents to lose a lot of jobs. Hmm. What happened starting January 2025? Oh, wait, was that when Donald Trump was sworn in and he and Elon Musk and Doge started immediately stopping these contracts that former President Biden pushed forward? You know, you read this and that's why you're like, this is an absolute death cult. Like, these people are addicted to what Donald Trump tormenting and torturing them such that they sell out their own constituents and then privately write this letter begging the Senate for help. It's so bizarre. It goes on and says, without a clear signal from Congress, encouraging continued investment and offering business certainty as these provisions are phased out, project cancellations will continue to snowball without a clear signal from Congress. Your Congress. You are Congress. You writing this letter. That's quite literally what your job is. They go on to say, we respectfully urge the Senate to adopt the following refinements. You adopt it. Why don't you adopt it? That's your job. Is. What are you a constituent? Are you like a constituent of the Senator writing a Dear Senate letter? What are you doing? First, the foreign Entity of concern. FEOC provisions are overly prescriptive. And risk undermining US Competitiveness, particularly against China, by restricting advanced manufacturing and domestic energy production. These provisions should be revised with clear and streamlined requirements that also allow companies additional time to reorganize their supply chains, ensuring a strategic and successful transition. Specifically, the Senate should work with impacted industries to ensure that these requirements are mechanically workable, thoughtfully designed, and offer certainty to critical sectors. Again, that's your job in Congress. Why didn't you do it in your bill? Obviously you all hate this bill, but you're voting on it because it's called one big beautiful bill and you're scared of Donald Trump. So whenever they say oh we love this bill, just point out this letter to if you have MAGA friends, go you realize that the Republicans wrote a letter after they passed this disastrous budget at like 2am to the Senate to fix their their own disastrous budget bill.
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Political Commentator
Then it goes on to say second the house passed bill. Again, these people are in the House who are writing this. The House pass bill includes a phase out schedule for credits that would cause significant disruption to projects under development and stop investments needed to win the global energy race. To mitigate this issue, the current placed in service standard should be replaced with a commence construction requirements to support the energy development needed to meet growing power demand and protect thousands of high quality American jobs in communities across the country. Due to ongoing permitting delays and factors often outside their control, businesses rarely can pinpoint exactly when their projects will be placed in service. The commenced construction definition included in HR 3291. The certainty for Our Energy Future act aims to give businesses flexibility flexibility when determining eligibility for the tax credits, providing the investment clarity and lead time required for energy project to succeed. Finally, the transferability of energy tax credit should remain available throughout the lifetime of the credit transferability ensures affordable electricity for American families and provides certainty for developers, enabling projects and nuclear manufacturing, biofuels and critical minerals to move forward. Utilizing transfer ability allows small and medium energy developers to harness private sector investment capital much more effectively, enabling companies across the economy to invest in a broad spectrum of generation technologies and domestic manufacturing facilities. Our position has always been that the energy tax code should be modernized in a way that promotes fiscal responsibility and business certainty. Fully realizing that balance requires improvements to the House Pass version of HR1, the one big beautiful bill Act. We believe the Senate now has a critical opportunity to restore common sense and deliver a truly pro energy growth final bill that protects taxpayers while also unleashing the potential of U.S. energy producers, manufacturers and workers. We appreciate your leadership and respectfully request your consideration of these necessary improvements to ensure America's energy future remains competitive, reliable and secure. You would think that that was written by Democrats, right? You would think that it's the Democrats who are criticizing that the Democrats are criticizing it, but the Republicans here are siding with a lot of the Democrat criticism or the Democrats criticism of the disastrous budget bill. They were just too cowardly to do it when the budget bill passed the House. So now they're going around MAGA Mike's back and they're begging the Senate to do it, to bail them out so they don't get yelled at or tweeted at by Donald Trump. I mean, can you get any more pathetic than that? And the answer is yes, you can get more pathetic than that. Like here you have MAGA Mike Johnson yesterday going on Fox and saying, look, I've still been texting Elon. I've been trying to tell him that this bill's gonna be beautiful and big. It's gonna be amazing. It's gonna be so great. Here's Magamike saying this.
MAGA Mike Johnson
Look, I like Elon. I respect him. I mean, we became friends in all this process. I've been texting with him even this week and trying to make sure that he has accurate information about the bill. I think he's been misled about it. But look, we're going to make good on this. I like the President's attitude. You know, he is moving on. He has to. He's laser focused on delivering for the people. And House and Senate Republicans are as well. So we've got our hand to the wheel.
Political Commentator
And then you have Mag and Mike saying, you see, the problem is Elon's relying on the liberal CBO analysis. The Congressional Budget Office is not freaking liberal. Get that through your skull. The CBO is led by a Republican. And you, MAGA Mike Johnson have frequently cited the CBO before when you were criticizing Democratic legislation. But here's MAGA Mike Johnson saying that. He says that it doesn't cut spending and it drives up the debt or the deficit. What do you say to that?
MAGA Mike Johnson
Elon is relying on the liberal CBO analysis. Okay. What they're arguing is that if we extend existing tax cuts, it somehow adds to the deficit. That is not new spending. What we're doing is providing tax relief for the American people. Because if we didn't do this, Jesse, everybody now knows we'd have the largest tax increase in U.S. history at the end of the year. So what we're doing here is having a historic level of spending cuts. We're talking about about $1.6 trillion in spending. Jesse, there has never been any legislative body in the history of mankind that has cut that much spending. Now, is it enough? Look, I agree with our friend Elon. We need to cut more spending, but you can't do it all overnight. So this is the first in a series of things that we are going to do to get the country back on fiscal trajectory. A sound fiscal standing. And the President promised that he believes in it. We believe in it, and we're doing that. And it starts with a big, beautiful bill.
Political Commentator
Now, what is Elon Musk's response to all of this? What do you think? El Musk's response to all of this? I will apologize profusely as soon as there is a full dump of the Epstein files. That is Elon Musk's response to that. And this is the state of the Republican Party where the Republicans in the House are writing to the Republicans in the Senate to remove the provisions that they put in a disastrous budget bill in the House because they were threatened by Donald Trump. They're realizing, and they're saying in the letter. It's why I wanted to read for you the letter. Those are the Republicans in the letter realizing that they will destroy America's energy future if their own provisions survive. So they're saying, hey, Senate, we need your help. Bail us out. Bail us out. Isn't that the. Isn't that ultimate cowardice. Don't try to think about this. Not as even from a Democrat Republican lens. Like. Like just that. Doesn't that sound like what cowards do? And dangerous ones. Because we're going to be the victims. We're going to be the ones hurt by this. What if the Senate says no? We're going with it. We approve as is. So now they've all just agreed to just definitively bankrupt bankrupt us. Listen to their own language. Tell me what you think. Hit subscribe. Let's get to 5 million subscribers. And thanks for watching.
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Podcast Information:
In this episode of The MeidasTouch Podcast, hosted by the Meiselas brothers—Ben, Brett, and Jordy—the discussion centers around recent tumultuous events within the Republican Party, particularly focusing on Speaker of the House, MAGA Mike Johnson. The episode delves into internal conflicts, the fallout from the recent budget bill, and the implications for the GOP’s future and American democracy.
The core of the episode examines a letter from thirteen House Republicans who voted in favor of the controversial budget bill. These members express regret over the provisions included in the House-passed reconciliation bill (HR1), commonly referred to as the "One Big Beautiful Bill Act," and are now urging Senate Republicans to amend the bill to mitigate its disastrous effects.
Key Points:
Concerns Raised: The letter highlights issues such as the abrupt termination of clean energy tax credits, a restrictive Foreign Entity of Concern (FEOC) regime, and limitations on transferability of credits. These provisions are seen as detrimental to ongoing energy projects, discouraging long-term investments, and jeopardizing energy infrastructure development.
Impact on Constituents: Since January 2025, over $14 billion in energy projects have been canceled or delayed, with $4.5 billion scrapped in April alone. This has led to significant job losses in both Republican and Democratic districts, undermining economic stability in these regions.
Notable Quote:
“We appreciate your leadership and respectfully request your consideration of these necessary improvements to ensure America's energy future remains competitive, reliable and secure.”
— House Republicans Letter, [03:30]
MAGA Mike Johnson, the current Speaker of the House, responds dismissively to the concerns raised by his fellow Republicans. He maintains that the budget bill cannot be altered at this stage, emphasizing the extensive effort that has already been invested in its formulation.
Key Points:
Dismissive Stance: Johnson asserts that revisiting the budget is impractical after 14 months of development. He questions the validity of the critics' numbers and stands firm on the bill’s integrity.
Public Image: The episode portrays Johnson's response as "pathetic," highlighting a lack of leadership and accountability. His inability to address the bill's flaws effectively is seen as a failure to represent his constituents accurately.
Notable Quotes:
“I don't buy their numbers. What do we have other estimates? We worked on the bill for almost 14 months. You can't go back to the drawing board and we shouldn't.”
— MAGA Mike Johnson, [01:51]
“He's just utterly pathetic.”
— Political Commentator, [01:58]
The episode discusses the apparent betrayal within the GOP, where House members who supported the budget bill are now seeking Senate intervention to rectify their own legislative shortcomings. This internal conflict is portrayed as a sign of weakness and a disconnection from the party's base and principles.
Key Points:
Strategic Failures: The Republican members are depicted as having passed a flawed bill, leading to negative repercussions for their districts. Their subsequent plea to the Senate is seen as an admission of failure and a desperate attempt to salvage their political standing.
Impact on Party Image: This scenario undermines the GOP's credibility, suggesting that internal divisions and poor decision-making are jeopardizing the party's future and its ability to govern effectively.
Notable Quote:
“You are in the House of Representatives. So your plan was to pass just... Y'all realize you are Congress members, right? You are in the House of Representatives.”
— Political Commentator, [04:20]
Elon Musk is briefly mentioned as a point of contention, with both the commentator and MAGA Mike Johnson referencing his involvement and influence. The discussion touches upon Musk's criticisms and the broader implications of external influences on Republican strategies.
Key Points:
Elon Musk’s Critique: Musk's dissatisfaction with the bill and the internal GOP conflicts is highlighted, though his response is somewhat cryptic, referencing sensitive matters.
CBO’s Role Misrepresented: Johnson inaccurately criticizes the Congressional Budget Office (CBO) as "liberal," despite its bipartisan leadership, showcasing a misuse of facts to support his stance.
Notable Quotes:
“The Congressional Budget Office is not freaking liberal. Get that through your skull.”
— Political Commentator, [11:33]
“We have a great product deliver here. He's just utterly pathetic.”
— Political Commentator, [01:58]
The episode underscores the long-term implications of the GOP's internal strife on America's energy policies and democratic institutions. The failure to create a stable and effective budget bill is portrayed as a threat to the nation's energy future and economic health.
Key Points:
Energy Infrastructure: The cancellation and delay of energy projects impede America's ability to compete globally in the energy sector, affecting job creation and energy security.
Democratic Integrity: The internal betrayal within the GOP is framed as a broader threat to the principles of democracy, highlighting the importance of accountability and transparency in governance.
Notable Quote:
“These people are addicted to what Donald Trump [is] tormenting and torturing them such that they sell out their own constituents and then privately write this letter begging the Senate for help.”
— Political Commentator, [06:45]
The episode concludes by emphasizing the dire state of the Republican Party, highlighting the internal conflicts and failures that are undermining its effectiveness and credibility. The Meiselas brothers call for accountability and a return to principled leadership to safeguard America's future.
Final Thoughts:
Call to Action: The hosts urge listeners to subscribe and engage with the podcast to support continued coverage of critical political issues.
Overall Tone: The discussion is marked by frustration and disappointment with the GOP's handling of the budget bill, portraying it as a significant setback for both the party and the nation.
Notable Quote:
“Tell me what you think. Hit subscribe. Let's get to 5 million subscribers. And thanks for watching.”
— Political Commentator, [13:01]
Internal GOP Betrayal: House Republicans are publicly criticizing their own budget bill, revealing deep-seated issues within the party.
Leadership Failures: Speaker MAGA Mike Johnson is criticized for his ineffective handling of the budget bill and inability to address constituent concerns.
Impact on Energy and Economy: The flawed budget bill has led to significant cancellations and delays in energy projects, affecting job markets and energy security.
Democratic Implications: The episode underscores the broader threats to American democracy stemming from internal political conflicts and lack of accountability.
MAGA Mike Johnson on Bill Revision:
“I don't buy their numbers. What do we have other estimates? We worked on the bill for almost 14 months. You can't go back to the drawing board and we shouldn't.”
— MAGA Mike Johnson, [01:51]
Political Commentator on GOP Members’ Actions:
“You are in the House of Representatives. So your plan was to pass just... Y'all realize you are Congress members, right? You are in the House of Representatives.”
— Political Commentator, [04:20]
Critique of CBO Misrepresentation:
“The Congressional Budget Office is not freaking liberal. Get that through your skull.”
— Political Commentator, [11:33]
Commentator on Internal Betrayal:
“These people are addicted to what Donald Trump [is] tormenting and torturing them such that they sell out their own constituents and then privately write this letter begging the Senate for help.”
— Political Commentator, [06:45]
Podcast Host’s Call to Action:
“Tell me what you think. Hit subscribe. Let's get to 5 million subscribers. And thanks for watching.”
— Political Commentator, [13:01]
This episode of The MeidasTouch Podcast offers a critical examination of the current state of the Republican Party, highlighting significant internal conflicts and their repercussions on national policy and democratic integrity. Through incisive analysis and candid commentary, the Meiselas brothers provide listeners with a comprehensive understanding of the challenges facing American politics today.