Transcript
Donald Trump (0:00)
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Gavin Newsom (1:00)
And the GOP know what a disaster this budget bill and how underwater they are in the polling about the budget bill. I think only 27% of Americans approve of this disastrous bill. That's a good thing in the sense that the word is getting out and people realize 15, 16 million people in America can be losing their healthcare if this budget bill passes. And you know the status of this bill after the House sent it to the Senate. I need to get more clarity on what the heck is even going on, but we're getting more data every day and it does not paint a rosy picture, to say the least. For this disastrous budget bill. This is the headline from Rolling Stone. Theft Trump's Big beautiful bill. I hate that name, by the way, really screws the poor. The President's latest round of tax cuts for the rich will be funded in part by taking money from the poorest 30% of American households. Like, if you're making over $4.2 million, you may get 300, 400,000 more dollars in your pocket while literally people making under $50,000 who need that money or having the money, like literally stolen and given to the richest Americans. You take a look right here of some of the analysis by the Budget Lab, another nonpartisan group. The bottom 80% of Americans will be poorer as a result of this disastrous budget bill. In addition to the tariffs, As I mentioned, 16 million people will lose health care. You know, and one of the things, too, that I've been noticing as these Trump cabinet members have been showing up to these hearings and they've been asked to present, like, the specifics of like, the budget or like, so what is the iron Dome like? What does it actually mean they don't even have, like, answers. What are you allocating 200, $300 billion for? I mean, there was this one moment in the Senate hearings where, where Democratic Senator Chris Coons held up the defense budget and it was literally a one of those like 404 page not found error pages. That's what they've submitted. And it's not just been the Defense Department. Cabinet member after cabinet member, top official after top official. And this is unprecedented. It's not normal that you show up. Basically, it's like showing up to school without your homework. They show up and then, you know, the Republican senators and congressmen, they're getting a little fed up, but it's like performative. And the Democrats, like, we're in the Budget Committee. Where's the budget? Where's your line items? Where's anything that you're doing? And it just reminds me of everything that Trump did in all of his businesses, which most of them went bankrupt. Just makes up numbers, makes 2 trillion, 3 trillion, 6 trillion, 800 billion. All you gotta do is market it big, beautiful BB, BB, BBB. And then people will, you know, support it. And then I think here's an important point, though. There's a lot of serious things going on. And I'm not going to say they're intentional distractions. I mean, to me, it's symptomatic of the dangers of the Trump regime. Like the fact that you have in the Department of Homeland Security, Chief Kristi Noem is speaking and a California senator gets like pile drive to the ground by FBI agents and arrested, and that occupies a news cycle. Or Donald Trump fails to negotiate a nuclear deal which was supposed to happen on Sunday with Iran. And Netanyahu views Trump as being utterly weak and kind of interferes with the negotiations of the nuclear deal. And now you have war raging in the Middle East. Not saying that that's there to purely distract from the budget bill, but it can be distracting. I mean, Donald Trump throwing a military parade for himself this weekend, by the way, using the Lollapalooza signs, fence jumpers will be prosecuted. They're using the Lollapalooza fence jumper sign right there. And it's just one direction after another. Even Senator Alex Padilla from California said, look, what happened to me is terrible, but stay focused on the disastrous budget bill. I know who's staying focused on this disastrous budget bill. Democratic Congressmember Brendan Boyle, who's the Democratic ranking member of the Budget Committee. You've been checking in here at the Midas Touch Network about every two weeks or so on the status of it, give or take. So as we do this interview today, where are we heading into the weekend of June 14, June 50, where do things stand?
