Yikes! Republicans Crumble on Live TV over Trump Crash

Summary

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Podcast Summary: Yikes! Republicans Crumble on Live TV over Trump Crash

Podcast: The MeidasTouch Podcast
Hosts: Ben, Brett, and Jordy Meiselas (MeidasTouch Network)
Air Date: November 17, 2025

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Main Theme

This episode dismantles recent Republican talking points and public appearances relating to economic instability, spiraling food and energy prices, Trump administration failures, and the ongoing healthcare debate. The Meiselas brothers use humor, sharp fact-checks, and relentless commentary to highlight perceived contradictions and blunders from Trump administration officials and Republican lawmakers, all seen on recent live televised segments.

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Key Discussion Points & Insights

1. GOP Leaders Flounder on Inflation and Food Prices

Timestamps: 00:22 – 05:05

• Clips feature Trump’s economic advisor Kevin Hassett and Republican representatives trying and failing to justify rising costs for basic goods.
• Hassett attempts to deflect grocery price spikes by cherry-picking categories (like eggs temporarily dropping).
• GOP lawmakers claim certain issues (like meat prices) are caused by targeted, external factors (e.g., border closures, pest infestations).
• Hassett’s attempt to credit the Trump administration for “cheaper Thanksgiving dinners” is debunked live: current calculations use fewer items and only generic brands, painting a misleading picture of affordability.

Quote:

“Thanksgiving, if you're going to the store to buy groceries... it's going to be more expensive this year.”
— Kevin Hassett, fact-checked live (03:11)

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2. Tariff Policy Contradictions

Timestamps: 04:35 – 07:58

• Treasury Secretary Scott Besant outlines plans to remove tariffs to lower prices, but is called out for the hypocrisy—these are problems his administration created.
• Besant calls Trump-era tariffs “signature policy,” yet blames increased prices on them, then expects praise for their removal.
• When questioned by Fox’s Maria Bartiromo about when Americans will feel relief, Besant deflects, offering vague promises for late 2026.

Quote:

“So not only will the tariffs come off... as a result of trade deals going through... now we will see it affect the prices.”
— Treasury Secretary Scott Besant (04:35)

“Traditionally, the Supreme Court does not interfere with a president's signature policy...”
— Scott Besant, justifying tariff persistence (05:58)

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3. Disconnect Between Promises and Economic Reality

Timestamps: 07:58 – 10:13

• The hosts lampoon Trump’s ongoing claims of a “golden age,” pointing to current indicators: soaring jobless claims, contracting GDP, and widespread financial hardship.
• Trump officials dodge responsibility, blaming inherited circumstances and repeatedly pushing resolution timelines further into the future.

Quote:

“Didn't Donald Trump promise that on day one, everything was going to be cheaper?... He's out there saying golden age right now.”
— Host commentary (07:58)

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4. Healthcare Debate: Repeal, Replace...but With What?

Timestamps: 12:11 – 22:40

• MAGA Senator John Barrasso repeatedly sidesteps questions about a concrete Republican healthcare plan.
• Broader Republican strategy evinces a pattern: criticize Obamacare, promise an undefined solution, avoid specifics.
• Senator Cassidy suggests giving subsidy money directly to people to negotiate individually with insurance companies—a proposal the hosts skewer as impractical and cruel.

Quote:

“If I stole a thousand dollars from you and then gave you $200 back, I shouldn't be bragging that I gave you $200 back. I stole $800 from you.”
— Host, analogy on gutted healthcare subsidies (13:58)

Quote:

“The President is proposing that we take the $26 billion that would be going to insurance companies... give it directly to the American people in an account... It's a sweet spot.”
— Senator Cassidy, discussing direct cash approach (19:21)

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5. Repeated Deflections and Blame Shifting

Timestamps: 14:27 – 18:24

• Republican officials, on air, consistently point fingers at Democrats for rising premiums under Obamacare.
• When pressed for a Republican solution to healthcare and costs, responses return to blaming existing Democratic policy and touting vague, “market-driven” alternatives.

Quote:

“The Democrats are at fault for this. And in fact, we even had a solution for this in the big beautiful bill.”
— Republican Senator or GOP Representative (18:10)

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6. Cluelessness & Gaslighting: Final Moments

Timestamps: 20:05 – 22:40

• Trump’s former lawyer Todd Blanche vows to finally investigate Jeffrey Epstein, despite broad skepticism—a line the hosts mock as empty posturing.
• A MAGA Congress Member advocates for high deductibles and “skin in the game,” disregarding the financial realities for regular Americans.
• Dr. Oz appears confused about the basics of health insurance selection under Obamacare, further exemplifying the lack of substantive GOP plans.

Quote:

“It's because when people have skin in the game... high deductible plans with Health Savings Accounts will do that.”
— MAGA Republican Congress Member (21:00)

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Notable Quotes & Memorable Moments

• “Thanksgiving, if you're going to the store to buy groceries for Thanksgiving, it's going to be more expensive this year.” — Kevin Hassett (03:11)
• “Traditionally the Supreme Court does not interfere with a president's signature policy. Two, this is an emergency authority.” — Scott Besant (05:58)
• “Didn't Donald Trump promise that on day one, everything was going to be cheaper?” — Host, Ben Meiselas (07:58)
• “If I stole a thousand dollars from you and then gave you $200 back... I stole $800 from you.” — Host (13:58)
• “The President is proposing that we take the $26 billion... give it directly to the American people... It's a sweet spot.” — Republican Senator Cassidy (19:21)
• “It's because when people have skin in the game... high deductible plans with Health Savings Accounts...” — MAGA Republican Congress Member (21:00)

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Timestamps for Important Segments

• 01:02 – Kevin Hassett and GOP on food inflation
• 02:44 – Live fact-checking of Thanksgiving price claims
• 04:35 – Treasury Secretary Scott Besant on tariffs
• 07:18 – “Parallel prosperity” and future economic promises
• 12:11 – MAGA Senator Barrasso dodging healthcare repeal specifics
• 19:21 – Senator Cassidy on cash-for-insurance proposal
• 21:00 – High deductible plans endorsement

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Tone & Style

The episode is delivered with sharp wit and biting sarcasm, complemented by the classic “brotherly banter” of the hosts. While unreservedly critical, the coverage is substantive, blending fact-checking with humor and a populist defense of democracy and working-class Americans.

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Bottom Line

The MeidasTouch brothers deconstruct the GOP's on-air failures, calling out hypocrisy, empty promises, and policy confusion amid economic hardships. This episode serves as a bracing climate check for anyone grappling with real-world costs and concerned by the lack of substantive Republican solutions—wrapping factual analysis in the entertaining, combative MeidasTouch style.

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Transcript

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[Treasury Secretary Scott Besant]

Yeah.

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[Narrator/Host]

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[Kevin Hassett]

But, but let's take a look at some of the goods that we buy, you know, regularly in our, our household. Let's take a look at this. Coffee, as you mentioned, up 15%. Uncooked ground beef up 14%. Bananas up 8%. Fresh cakes and cupcakes up 6%. Lettuce up almost 6%. Lunch meat, salad dressings, tomatoes, all up, you know, well, more than that, two and a half percent. I mean, Americans are clearly feeling that prices are continuing to go up and in many, with many of the goods that they buy regularly, they are going up. Well, and again, I mean, by significant numbers.

[Republican Senator or GOP Representative]

Let's look at it. First of all, when we came in, the very first thing that all of you folks were talking to us about was egg prices.

[Treasury Secretary Scott Besant]

Yeah.

[Republican Senator or GOP Representative]

And egg prices are down year over year. You could have put that in your chart. But the fact is when we had almost 10% inflation in the, I mean.

[Kevin Hassett]

That wasn't about economic factors. That was bird flu with the EG, just to be clear.

[Republican Senator or GOP Representative]

Oh, but, but, but the meat prices problem is we've shut the border from Mexico because of an infestation in Mexico. So there are a bunch of things like that that are targeted problems. And also so you have lunch meats and meats, but the meats are coming slower from Mexico because there's a pest infestation there.

[Narrator/Host]

Next, Kevin Hassett tries to claim that Thanksgiving is going to be 25% cheaper according to a Walmart report. But he tries to leave out that the Walmart report says that their Thanksgiving meal this year on only has 14 items versus 21 items under former President Biden and that it was previously using brand names and now they use generic names. Watch as Kevin Hassett is fact checked to his face. Here, play this clip.

[Kevin Hassett]

The president claims that Thanksgiving costs are down 25%. I mean, does he know that's not true?

[Republican Senator or GOP Representative]

Well, if you look at Walmart and the few places that put out their.

[Kevin Hassett]

Prices, I got to stop because the Walmart comparison's like not. I mean, Walmart had a Thanksgiving pack package last year. They've got a Thanksgiving package this year. The one this year contains much less than what the one last year took. So that's why the price is less. Look, we got a chart here. Last year it was 21 total products. This year it's 15. Total number of items in those projects products was 29%. Now 29, now it's 22. There's more generic brand stuff. So I mean, Thanksgiving, if you're going to the store to buy groceries for Thanksgiving, it's going to be more expensive this year.

[Republican Senator or GOP Representative]

I really though don't understand where you're going in the sense that Joe Biden gave us. Joe Biden gave us 20%.

[Kevin Hassett]

He's not Donald Trump's.

[Republican Senator or GOP Representative]

No. And you want us to fix the hole that Joe Biden.

[Kevin Hassett]

Why does the president tell the prices.

[Republican Senator or GOP Representative]

Went up so much under Joe Biden and inflation is way down. Inflation is about half what it was in December. This is something that's being fixed fast. And real incomes are up after dropping about 3,000 under Joe Biden. And so sure, you could find a few things where the price is higher, but there's a whole bunch of stuff where the price is lower, like gasoline.

[Kevin Hassett]

Where are we going to get the publican plan?

[Republican Senator or GOP Representative]

You understand that mortgage rates have gone way down and it's much cheaper to buy a home now than it was when down.

[Kevin Hassett]

Right?

[Republican Senator or GOP Representative]

Yeah.

[Narrator/Host]

Next up you have Treasury Secretary Scott Besant who says we've got a big plan that we're going to announce right now. We're going to make things cheaper like coffee and bananas. And here's how we're going to remove some tariffs and that's going to be a big win for the American people. You put the tariffs on. What do you mean it's going to be a win? You caused the problem. What are you even talking about here? Play this clip.

[Treasury Secretary Scott Besant]

So not only will the tariffs come off, some of the things you just listed, like coffee, like the cocoa, many other bananas, many other items that's a result of the trade deals going through and then we will see this go down. And you know we're also seeing the import barriers for the other countries come through. So this is a complete trade policy and now we are going to see it affect the prices.

[Narrator/Host]

More from Treasury Secretary Scott Besant here and he goes look, Trump's tariffs against the world, that's his signature policy. That's like his go to. So the Supreme Court needs to recognize that's his signature policy and just allow him to continue his tariffs against the world. But in the previous clip you recognize that tariffs were causing prices to surge. Oh and then by the way he's like and Donald Trump has used tariffs to end all of these wars and everything so much better. This guy is such a frickin liar.

[Maria Bartiromo]

Here, play this clip real quick Secretary, what are you expecting from the Supreme Court? Tariffs have already brought you what, $200 billion or so. If the Supreme Court goes against you in this upcoming decision, are you going to have to pay back the US government will have to pay back $200 billion in tariff revenue already collected. What's the backup plan?

[Treasury Secretary Scott Besant]

Well Maria, I want to say this in the strongest possible terms. I think that there are three points. Here is one, this is one of President Trump's signature policies. Signature policies. And traditionally the Supreme Court does not interfere with a president's signature policy. Two, this is an emergency authority which is ipa. President Trump has successfully used that one to as we talked about earlier, you know, on the rare earths problem, he threatens substantial tariffs on China and that made the rare earth flow to several, numerous of the peace deals that he's negotiated. He threatened to put tariffs on the countries and that got us to the peace deal.

[Narrator/Host]

More from Treasury Secretary Scott Bessant right here. He's asked even by Maria Bartiroma on state regime media known as Fox. So when do you think the public's gonna feel a little bit of relief? Like people are not doing as great as you're saying there Bessant and he's like look, look, look, what's really going to happen is that sometime next year, maybe the first quarter, maybe the second quarter, it'll happen in the future. Next year's our year. Here, play this clip.

[Maria Bartiromo]

When, when do you think that the public is going to really feel an impact from your moves to rein in the cost of living? How long will that take?

[Treasury Secretary Scott Besant]

I think we are going to see a substantial acceleration in the economy in the first second quarter and I think we are also we're already seeing on many prices, as I said we're bending, bending that curve down. And the increase in real incomes, I think Americans are going to feel it in the first quarter, second quarter, I think 2026, thanks to President Trump's signature plans, is going to be a great year for working Americans, for the markets. You know, I call it parallel prosperity. Main street and Wall street can both do great, but I think Main Street's going to have a great year in 2026.

[Narrator/Host]

Didn't Donald Trump promise that on day one, everything was going to be cheaper? Isn't Donald Trump currently posting that? We are experiencing a golden age right now, Really, a golden age when jobless claims are as high as they've been really since the Great Recession, as our GDP is contracting, as prices are surging, as Americans are psychologically tortured, living paycheck to paycheck. Right now. He's out there saying golden age right now. Anyway, Treasury Secretary Scott Besant is then showed a clip of the guy who runs Omaha Steaks and Maria Bartiroma is like, so they're expecting $10 a pound ground beef. What's your response to that? And he's like, yeah, I mean, it's like Biden's fault. And like, I don't really know. It's not our fault. You know, you see, Maria, the beef industry, it's very, very long term to deal with it. Here, play this clip.

[Maria Bartiromo]

Move on to affordability because this is another issue that the Biden administration brought you. Of course, we remember when inflation was at 40 year highs. President Trump has made this a priority. But suddenly there is more talk about the struggles in the cost of living. I spoke with the CEO of Omaha Steaks on Friday on Mornings with Maria, and here's what he told me. Watch this.

[Kevin Hassett]

So we are headed for what I'm calling, Maria, the $10 a pound reality. By third quarter of 26, families are going to see $10 a pound ground beef in the grocery store. So we're in for a bit of a haul here. I don't believe we'll see price come down in any meaningful way until sometime in 2027.

[Maria Bartiromo]

Secretary, I know that President Trump has been able to rein in inflation, certainly the cost of some foods and energy. But what is your take on what you just heard? He's expecting $10 meat.

[Treasury Secretary Scott Besant]

Well, Maria, Maria, the beef market is a very specialized market. It goes in long cycles and that this, this is the perfect storm again, something we inherited.

[Narrator/Host]

Remember when Treasury Secretary Scott Besant is also like, when it comes to the rising costs of electricity, that's not a federal issue that's a state issue. Really? Because Donald Trump promised that he was going to bring electricity prices down 50 to 75% during his campaign Bessant but you and this regime lie about literally everything and fortunately Midas touch is fact checking you every step of the way with the Midas mighty who are watching this and letting the people know what scumbags this regime and what liars and what Ponzi schemers and scammers this regime is.

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[Narrator/Host]

Then they bring on MAGA Republican Senator John Barrasso and he's asked by Kristen Welker. So are we going to learn about your health care plan? What's going on? And note he doesn't try to refute the claim right here, as Aaron Rupar says, that there is no plan and they're going to take away Obamacare from everybody here. Play this clip.

[Maria Bartiromo]

Senator. But what I hear you saying is that there's no plan, there's no bill. President Trump is calling for direct payments to Americans which would inevitably lead to repealing Obamacare. Just to be very clear, will any plan include repealing Obamacare?

[Kevin Hassett]

We need a plan to lower the cost of health care in America. I know very well what's going on in wyoming with the 40,000 people who are on Obamacare, get very high subsidies over $900 a month.

[Maria Bartiromo]

So do you want to repeal it, Senator? You want to repeal it?

[Kevin Hassett]

I want to make sure we have a health care plan that works for the American people. And Obamacare has failed.

[Narrator/Host]

I mean, why is cruelty always the point? Why don't they just do this? Extend the Affordable Care act subsidies so people can keep their health care right now and then transparently try to figure out a better solution if you have one. But you're ripping away health care right now from 20 million Americans. You're ripping away Medicaid from tens of millions of Americans. It's just cruel. You're shutting down rural hospitals and you're like, no, we're not. We're giving $50 billion to rural hospitals. Yeah. After taking away $200 billion. Right. If I stole a thousand dollars from you and then gave you $200 back, I shouldn't be bragging that I gave you $200 back. I stole $800 from you. It's criminal.

[Maria Bartiromo]

Right?

[Narrator/Host]

I mean, this is the arguments that these magas are making. And the people are sick and tired of it, and we recognize what their tactics are. Oh, here he goes again. National economic advisor Kevin Hassett. He goes in response to Jonathan Karl. Tariffs have been removed from some food items. How soon do we expect prices on those goods will go down? And basically, Kevin Hassett implies that prices are never going to go down. Here, watch this.

[Kevin Hassett]

But let me ask you the question I asked again. So the tariffs have been removed from these items that we all, many of us, buy every, you know, the grocery stor soon. Do we expect the prices on those goods now to go down?

[Treasury Secretary Scott Besant]

Right.

[Republican Senator or GOP Representative]

Well, the prices for those goods weren't necessarily going up just because of tariffs. And so the prices will go down. Well, the prices will go down, of.

[Kevin Hassett]

Course, but because the tariffs have been taken off.

[Treasury Secretary Scott Besant]

Right.

[Republican Senator or GOP Representative]

Well, because the supply of the goods into the US Is going to increase.

[Narrator/Host]

But y' all promised that prices were going to go down. That was like, literally your thing. Next up, you have Treasury Secretary Scott Besant admitting that there's never been a trade deal actually done with China. It's like, oh, we haven't done one yet. Even though we said we did one in May and June and July and September and we've manipulated the markets. Maybe by Thanksgiving, we'll do another fake deal. You know, Xi Jinping of China is probably sitting there like, yo, these people in America have lost their fricking minds. Like, what a gift to Xi Jinping. Such utter weakness and weirdness out of this regime. So now you're admitting there's no deal. Watch this. Here, play this clip.

[Maria Bartiromo]

Is China holding back rare earth magnets from companies tied to the US Military right now?

[Treasury Secretary Scott Besant]

Yeah, Maria, I think that Wall Street Journal reporting is not very accurate. We haven't even finished the agreement which we hope to have done by Thanksgiving. And I am confident that post our meeting in Korea between the two leaders, the President Trump, President Xi, that China will honor their agreements. Xi Jinping has great respect for President Trump. The meeting was conducted very high level. And I am confident that they will honor their agreement. And if they don't, we have lots of levers.

[Narrator/Host]

And let me just guess, Treasury Secretary Scott Besant. Here's what's gonna happen right before Thanksgiving. You're gonna say we've done a new framework and then you're gonna manipulate the stock market so it tries to go up again. Meanwhile, the fundamentals are so bad and it's been hoisted up on this manipulation on this manufactured AI bogus BS crap. By the way, do y' all know that like bitcoin prices are lower now than when Donald Trump even took office? Just think about that, the bitcoin president. I mean, by the way, Donald Trump's own shitcoin or whatever you call it, the Trump coin and Melania coin, what's that down since they launched it during inauguration? Like 80%, 90%. I mean, just think about, I mean everything this guy touches is a failure. When will people just recognize this? But what they do do and what Ponzi schemers do is they try to blame others. So here you have national economic adviser Kevin Hassett said what we really need to do here is just blame the Democrats. Blame the Democrats. Here, play this clip.

[Kevin Hassett]

And for health insurance premiums, and we have 20 some million Americans are going to have not just rising health insurance premiums, but skyrocketing. When do we get the Republican plan?

[Republican Senator or GOP Representative]

So it seems I'm kind of confused because Obamacare is 100% a Democratic policy. The current path of Obamacare is 100% something that was created by Democrats. They added a big expansion and then they knew they couldn't pay for the whole thing in a long time. And while they. Let me just finish. While they put all of those subsidies into Obamacare, Obamacare became not affordable. It was an Affordable Care Act. In fact, the cost of these Obamacare premiums has gone up twice as fast.

[Kevin Hassett]

As for the really out of Tasha. Is there going to be a Republican plan to address that or is it.

[Republican Senator or GOP Representative]

Going to be, yeah, of course, the President has already talked about blame Democrats. The Democrats are at fault for this. And in fact, we even had a solution for this in the big beautiful bill. And they took the bird rule to take $30 billion away from people so they couldn't have the health insurance that they needed.

[Narrator/Host]

Then you have Republican Senator Cassidy said, well, I like Donald Trump's plan. You take that $26 billion that would be going to insurance companies for the Affordable Care act subsidies, and then you give it to the people and then you let the people do it and they'll negotiate. What do you, you think that a human being with just a random person like any of us, if we could effectively negotiate with an insurance company on rates? Or do you think that the power of the government lowering the prices is a net benefit? And what do you, and what are you even talking about? You're going to give people $2,000. What happens when the health insurance, when the health care cost is more than $2,000 and people can't afford it? Like, don't you realize how health insurance works? What's the purpose of insurance in the first place? And why we have risk pools and how we deal with this, you know, and how just insurance works. Here, play this clip.

[Republican Senator Cassidy]

The President is proposing that we take the $26 billion that would be going to insurance companies if we just do a straight out extension. And by the way, 20% of that 26 billion, 20% will go for profit and administrative overhead, give it directly to the American people in an account in which 100% of the money is used for them to purchase health care on their own terms. Now, that makes them an informed consumer. It also helps address the need to have coverage for that deductible. And if they get that policy with a higher deductible, they can actually lower their premium. It's a sweet spot. Lower premiums help with the deductible, making the patient the informed consumer. The President and I are united. We should all be united about that.

[Narrator/Host]

Then you have Todd Blanche, Donald Trump's former criminal defense attorney, deputy ag. He tries to gaslight us all and says, we are going to find out who is really involved with Jeffrey Epstein. We're investigating it. We're taking our Donald. Donald. Okay, that's the answer. Donald and probably his rich oligarch friends. It's the guy you work for, idiot. Here, play this clip anyway.

[Kevin Hassett]

And so we're going to continue to find out if there's anybody responsible, anybody that hasn't been held accountable and if they're out there, we'll find them. Yeah, I think most Americans would say the fact it has been going on for more than a decade and it seems like nobody, nobody's left to prosecute or bring charges against, you can't seem to find evidence is what's concerning to people and more transparency, the better.

[Ryan Reynolds]

So thank you.

[Narrator/Host]

Then you have, then you have this MAGA Republican Congress member who advocates for high deductibles. He goes, what I think we need is high deductibles for the people. Play this clip.

[MAGA Republican Congress Member]

It's because when people have skin in the game, when they have health savings accounts, that their money is in there and they can use it in their own fashion. And I've seen it literally in my office when people have high deductibles and they're accountable for these charges, when I'm ordering tests, they ask me how much those tests are going to cost and I tell them how much those roughly estimated how much those tests are going to cost. And these people and I, my patients and I have a conversation about the cost of their health care. This third party payer process where nobody cares, the doctor doesn't care, the patient doesn't care, but the insurance constantly is, in my case, prior authorizations and refusing to grant the patient's access to labs or tests that I feel like they need. And I've had that for 25 years as a family doctor. We have to get the customer, which is the patient, in charge of not only their own health care but also in charge of the costs associated with that high deductible plans with health savings accounts will do that.

[Narrator/Host]

And then finally Dr. Oz showing us all that he doesn't even realize that people choose their insurance under Obamacare and showing us that he doesn't even know how insurance works. Here, play this clip.

[Treasury Secretary Scott Besant]

Check.

[Maria Bartiromo]

Getting a check in the mail actually work?

[Kevin Hassett]

If you had a check in the mail, you could buy the insurance you thought was best for you.

[Treasury Secretary Scott Besant]

Right?

[Maria Bartiromo]

But how would the government actually make that happen?

[Kevin Hassett]

Oh, we could use health savings accounts. There are different tactics, flexible savings accounts. There are tools that exist right now that we could use. The question is, is that the best way for us to use taxpayer dollars? And this is critical. Is it sustainable? If we truly create a marketplace, can people use that money to wisely use their, you know, their power to buy insurance that helps them?

[Narrator/Host]

There you have it folks. Let me know what you think. Hit subscribe. Let's get to 6 million subscribers. That's the Republican Party for you. That's what they're doing. Thanks for watching.

[Ryan Reynolds]

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