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- [00:00]
Brian Mudd
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- [00:23]
John Decker
Your turn.
- [00:24]
Brian Mudd
Play for free@chumbacasino.com. let's Chumba. Sponsored by Chumba Casino. No purchase necessary. VGW Group. Voidware prohibited. 21 + terms and conditions apply. Vice President J.D. vance is now lifting the veil on the mindset of Republican lawmakers who are stuck sitting there in the House chamber listening to Hakeem Jeffries talk before they are allowed to vote. Vance posted this GOP congressman just texted me. I was undecided on the bill, but then I watched Hakeem Jeffries performance and now I am a firm yes. Yeah, well, that probably didn't go quite as planned, and it's still not really going quite as planned. And Fox's Peter Doozy on the state of affairs as I've got to hand it to Hakeem, you know, I, I could stand up there for over seven hours at this point and, you know, throw my arms and, and rant and rave a little bit. And I do all that. The real challenge, the real skill in this type of situation comes in with the, the bathroom situation. That is the real challenge. You know, there, there's no way that I'm seven hours, I'm throwing my arms and, and I'm, you know, shouting and doing the ranting and raving without needing a pit stop or two, maybe three. And so that is the real scheme, the real skill of Hakeem Jeffries here as he is continuing to use his magic minute to hold up the final vote on President Trump's One Big beautiful Bill act, or at least his. It's kind of like the legislative version of Prince, because it's the act that was formerly known as the One Big beautiful Bill act. You have good old Chuck Schumer to thank for that maneuver. This is obviously not Clay or Buck. Brian Mudd, it's a pleasure to be here with you. I am broadcasting from my home station, WJNO in West Palm Beach. It is always a pleasure to be here with you. And we have maybe a celebration that'll be on our hands before the end of the show today as we take a look what's going on right now in the House. Yeah, I do wonder the one thing that has, has gotten me with Akeem Jeffries and his House version of a filibuster. Did he take a cue from Sparty? I mean, you know, you take a look, Sparty was able to go 25 hours. If you remember earlier this year in the Senate, Cory Booker and what we learned from him. And speaking of the bathroom situation as well, I'm not sold on the idea that he didn't like walk into the chamber. You know, some depends handy. But nevertheless, the one thing that we did end up learning from Cory Booker was that he fasted in advance and then only did two glasses of water during the thing. So did Hakeem Jeffries take a cue from Sparty? Is he going to try to extend his magic minute, I don't know, into Independence Day to try to hold it? There was a lot of gamesmanship with this. The first thing to know, like in this deal, around 4:00 clock this morning, we were given the heads up that he's got a speech that's about 45 minutes, maybe an hour. And coming out of that, you had House Speaker Mike Johnson who said, yeah, you know what? By 8:30 this morning, we think we're gonna have a vote. We think we are going to pass the one big beautiful bill act over to President Trump's desk. So we will be on the act formerly known as the BBB Watch all throughout the course of the show as we are monitoring Hakeem Jeffries and his magic minute. By the way, the rule on the magic minute in the House, Hakeem can't leave. It's not like he can say timeout, I'm going to go take that pit stop now. The moment that he's done, he leaves that podium. He is, he's out, it's over. And Mike Johnson can call for the vote. So he does have to stand there and talk until he evidently can't anymore or whatever his end game here is planned. So as we are diving into a Independence Day weekend with what looks like maybe President Trump's entire agenda to celebrate on Independence Day this year, I couldn't help but to think of Liberation Day meeting Independence Day. And so I'll explain, you know, technically, Liberation Day, Liberation day, remember that April 2nd. That was April 2nd. It was widely misunderstood at the time, led Toru to a, you know, real short term freakout. A lot of people are not feeling so liberated, feeling a little tight in the chest, a little nervous when I'm taking a look at the stock market. That kind of thing created a historically great buying opportunity in the financial markets. So that that's what Liberation Day was. The, the whole tariff thing where you had all the economists that are always wrong say, oh my gosh, the sky is falling. And then, you know, people that are smart going, hold on, Donald Trump is president, the United States, this is going to be great. Bye. And so there was that. But anyway, so you had Liberation Day. Now you've got Independence Day tomorrow. And generally understood, right? We get Independence Day also probably underappreciated, certainly in places like, I don't know, New York City. But anyway, you know, in thinking about Independence Day this year, liberation also came to mind because I thought back, I'm like, I kind of remember where I was personally a year ago today. And so what I actually did in advance of today's show is I went back to a year ago and I'm like, what was I talking about? And in my top stories a year ago, my message was that Independence Day is 125 days away. Insanity would be restored in 201 days. Because we were at a point where I was like literally counting down the days until Election Day and Inauguration Day when Dementia Joe would finally go. And among the headlines, among the headlines nationally, a year ago today, you had Dementia Joe pledging that he was going to stay in the presidential race after the botched debate. We had a story that he had just given billions more to Ukraine because, I mean, you know, why not, right? I'm sure Zelensky asked nicely. Also, the New York judge and the stormy freaking Daniels hush money case announced that he had delayed the Trump sentencing. That's where we were a year ago today. Those were the big stories. Oh, and an average of nearly 10,000 illegal immigrants still pouring into the country per day. That's fun. So that right now, what we're talking about, one of our biggest concerns is simply the timing of this final vote in what looks like a very likely outcome for President Trump being able to sign his agenda into law on Independence Day. And also, you know, kind of like calculating how much is my, my tax savings going to be? What, what is my tax cut going to look? Which, by the way, coming up in the second hour, I'm going to get into that. If you want to know, what does the BBB mean to you? I'm going to give it to you very specifically because there is so much more money on the line here than I think even some of the more credible sources that have reported this have, have brought to you. So we're going to break it all down. You're going to know exactly what this means. To you and your family. When you take a look at how much better of a place we're in. Get more specific here with some of these things. So you, you. We had an incredible jobs report this morning that came in well better than expected. Unemployment rate dropped yet again. The inflation rate, the inflation rate at 2.4% right now, you know, it's the lowest that it's been since Trump was one month removed from previously having been President of the United States. Last time we had inflation as low as it is right now, one month after he was last president. And by the time you factor in wage growth. All right, so how much more is the average household bringing in now? The answer is 4.3%. Okay, so most recently, the average American family finally getting ahead again, we're doing about nearly 2% better, you know, so you get done paying your bills at the end of the month, what's left over? You got about 2% more than you had before. That is the best quality of life improvement that we've seen since Trump's previous presidency, since his first administration. You take a look a year ago today, s and P, 513% higher, 401k balances saving rates. They've hit record highs. And as you hit the road for independent state gas prices $0.40 per gallon lower than a year ago. Today you have $190 billion in government waste that's been doged, by the way. I mean, like Doge really has stopped doging since Elon Gonzo, but still ended up saving $1,180 per federal taxpayer. Not peanuts on immigration. The Lincoln Riley act now law. Attempted border crossings down 93%. Access into the United States down by 99%. The CBP1 home app that was used by the Biden administration to fly nearly a million illegal immigrants into this country. Yeah, not so much anymore, right? The same app being used to say see ya, to fly illegal immigrants out of this country. On that note, ISIS, daily detentions of 53% over a year ago. Oh, and by the way, surprise, surprise, because as detentions rise, guess what's falling? Oh, look at that. Less crime. A lot less crime. In fact, did you know, homicides down by 21% so far this year. Robberies are too. Property crime 16%. Lower violent crime in general, down by 11% too. And the biggest impact, a lot of times, the biggest cities with the biggest illegal immigrant population problems like Denver and Aurora. So it's of absolutely no surprise in part because one of the things I've been tracking about a year ago in like what, what are we doing? Like the definition of insanity territory. Who in their right mind would do this to a country? By this time last year, 24% of all drug trafficking done in the United States have been done by illegal immigrants. 24%. You wanted to get rid of just almost a quarter of all drug trafficking, get rid of the illegal immigrants. 25% of all property crimes, illegal immigrants. You want to get rid of a quarter of all property crime in this country. Just get the people who are not legally here in the first place the heck out. 28% of all fraud. Yeah, non citizens.
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Jimmy Petronas
None.
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Brian Mudd
Non citizens. And you know the lie. I remember hearing this even somewhat recently on by one of the idiots on the View.
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John Decker
The.
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Brian Mudd
Well you know, they are less likely to commit crime than you. That is such a lie. I mean it might have actually been true like 30 years ago when you had a Mexican who came over to pick some oranges. No, not in a very long time. The non citizen crime rate by a year ago at this point how much more likely do you think a non citizen had become to commit a crime than you? Like Well, I don't know, I mean kind of, kind of a shaky person. You could be a shaky person and the your average non citizen was still going to blow you away. They've become nine times more likely to to commit a crime than the average legal citizen. Again, not necessarily the biggest surprise when you know the first action by said individual is to you know, kind of say yeah, I'm going to ignore federal law. So yeah, not necessarily a surprise that once their first action is to break the law that then suddenly they don't go. But now straight and even I just want to abide by all the laws of this country. I really care about it. So yeah, that's how bad it had become. Your average non citizen in this country. 914% more likely to commit crimes than the average legal citizen. And in fact if you take a look during the whole four year window of the Biden administration, total crimes committed by noncitizens rose by 626%. I mean they're just mind blowing numbers. But then again, you know, we know the impact and the situation with all the open borders and that is just on those two pieces I'll pick up there next. Brian Mudd in for clay and Buck.
- [14:17]
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Brian Mudd
Drive a new Hyundai with just $98 down like a new 2025 Hyundai, people will suffer, beautiful people will die. And it will be at the hands of Republicans who vote yes. That's right. In fact, that's actually, that was some of the planning that went into the act formerly known as the bbb. You had some Republicans that got around and said, you know what we haven't done in a while? We haven't created any legislation that started killing people. And yeah, you know what, you're right. So, you know, I think we should, should get back to our roots. We are Republicans after all, so we should craft legislation that kills people. And then, you know, for example, in the event that the warm and fluffy migrants that are sent to alligator Alcatraz, in the event that they don't, you know, manage to escape, we have, you know, people to feed to the, to the alligators. It's just the rhetoric is just so over the top in so many different respects. And I tell you what, just say no to slugs, the whole Medicaid thing. And this is such a joke. And I'm going to break down specifically what the work requirements are with the Medicaid and the SNAP provisions in the act formerly known as the bbb in just a few. We'll get to that. I mean it basically, if you get off your couch for 20 hours in a week, you're good, you're good. That's pretty much the way it works. So that's what. And apparently that's killing somebody to actually do that. So prime mud in for Clay and Buck. And as we are on bbb, watch as Hakeem Jeffries going strong Going strong in the House. Joining us is great television and iHeartRadio's White House correspondent, John Decker. John, this bit unexpected from the House Minority Leader.
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John Decker
Well, it is unexpected to a certain extent, but Hakeem Jeffries, he is one of those leaders in the Democratic Party and he's acting like a leader for his party right now in terms of delaying what to me, Brian, is the inevitable. And it is inevitable that we saw this in the procedural vote that took place early this morning. We'll see it on the actual vote that takes place when that occurs on the House floor. Every Republican that values their career in the House of Representatives and their future career in the House of Representatives will vote for this legislation and this bill will get to the President's desk for his signature in time before that self imposed deadline, July 4th. That will be a part, I believe, of the President's schedule tomorrow. The President assigning this legislation, his signature domestic achievement of his second term in the White House, getting that all done sooner than when he got that big tax cut bill signed in his first term in the White House.
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Brian Mudd
And to give you a little background about John, if you're maybe not familiar, John has covered every president starting with Bill Clinton. He also is the only member of the White House press corps that is an attorney, having studied once upon a time under one Professor Jonathan Turley Decker now himself a professor at Georgetown, ucla. And John, as we take a look at, you know, the historical ramifications here, obviously you know, Trump wanted one bill. There are a lot of conservatives that said, hey, we need to do this and to the Senate wanted it into. In the end, you take a look at the, the President's influence, the will and how this has come together a to get the Senate on board with one bill and then be the House. I mean, you had House Freedom Caucus members like Chip Roy just two days ago saying that what the Senate had done was a literally a deal killer of an already bad deal. And here we are on the precipice of whenever Hakeem is done doing what he's doing, passing this thing.
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John Decker
Well, that's right. You know, as for Chip Roy, you know, I think time and time again he's passing proven that he's all bark and no bite. You know, he threatens not to vote for the legislation and ultimately caves in, as do other House Republicans that want to make a career of being a member of the House of Representatives. So does it surprise me that you know, Chip Roy, a member of the Freedom Caucus and other members of the Freedom Caucus are caving in. No, it doesn't, you know, because President Trump has the ultimate power and that is something that he has threatened to wield. And that is essentially saying, you vote against this legislation, your career as a member of Congress is over. That's a very real threat. He's not afraid, interestingly enough, Brian, of making that threat outwardly. You know, normally those are the kind of threats that you make behind closed doors. He puts it on truth Social. He makes everybody aware of what he's saying to these members that may be on the fence in terms of supporting the big beautiful bill.
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Brian Mudd
Yeah. John, one of the other things I was thinking about, you take a look at where we are today in Trump's presidency. So, you know, the first time around he signed 220 executive orders. In four years, he signed, believe it's 165 already, three more than President Biden and Team Auto Pen did already in just over five and a half months. And you take a look at, you know, his, his tax Cut and Jobs act, his Trump tax cuts. The first time around, it took until December, the first go round, to be able to get his tax cuts through. Here we are heading into the Independence Day weekend and it looks like he's not only going to get those tax cuts made permanent, he's going to get the additional tax cuts he promised the new tax on tips over time. Also some big breaks for seniors that for most seniors going to work basically like not having tax on Social Security income. You start putting all this together and it just shows how well oiled and organized his, his policy approach is and how effective he is.
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John Decker
Well, I don't disagree with you. You know, this is a president who in his first term, he clearly was someone who is learning the ropes from insiders. He had never been a politician before at any level before becoming president. And so he did rely on others in terms of showing him how to move legislation forward. This time around, he doesn't need that help. And this time around, he understands all believers of the power of the presidency. He realizes how powerful this office is made even more so powerful by that recent Supreme Court decision handed down last week. And so look, I think that this is a president that understands all the ways that he can move his agenda forward. And we're seeing it applied in real time. I think it's pretty remarkable. You know, there will be, this will be a part of history, you know, in terms of the way that the president has managed to move his agenda forward in such a record amount of time.
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Brian Mudd
John, you were with the president last week at the NATO summit and pretty remarkable situation. He tried to get it done his first term and it was starting to come together. It is, you know, ultimately coming together now where the NATO members this out of Spain contributing 5% of their GDP to, you know, to, to defense spending and pretty much getting not just what we've seen here at home, which is his own party, in order to get his agenda done, but also around the world. How he's managing to get that agenda done, especially with trade now, too.
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John Decker
Well, that's exactly right, Brian. You know, that's the thing about President Trump. He understands the levers of power in terms of moving his domestic agenda forward, and he understands the levers of power in terms of moving his foreign policy agenda forward. And this is part of his foreign policy agenda when he left that NATO summit last week in the Netherlands. And as you point out, I covered that summit. I was in the Hague for the summit. I was at the press conference. He called on me at the press conference when he left. He was exuberant because every one of his goals was achieved during the course of his summit. And I think he made it clear to every one of the 31 other members of the NATO Defense alliance, there is one leader, and that leader is the United States of America. And the President is the leader of the United States of America. And he's going to exert his power, his influence to get his way with those other NATO Defense alliance members. We saw that play itself out last week. So, you know, for all of those who are saying it's been a remarkable two weeks for the President, I couldn't agree more. It has been a remarkable two weeks for the president, including, of course, that those attacks on those three nuclear sites in Iran. So to me, you know, this is someone who has a winning streak going and obviously would like to keep that winning streak going beyond ultimately signing this big, beautiful bill within the next few days.
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Brian Mudd
Yeah, he's definitely not tired of winning yet. A lot of people are not tired of winning within the administration. And also China announcing that, yeah, you know, the terms of the trade deal are on. The English trade deal, the UK Trade deal actually took effect this week, just announced the Vietnam trade deal where they were charging us to do business there. Now they're not. We weren't charging them anything. Now we are. I mean, it just goes on and on and gives you a roadmap for where a lot of those trade deals are probably going to land, too. And then you talk about, like, the, the mops and that Whole situation, you know, the Defense Department yesterday talking again about, yeah, I mean, at a minimum, the nuclear program set back a couple of years. And that, to me, was always one of the things anyway. And, you know, you spend. It's an occupational hazard. You spend a lot of time around colleagues in the press corps that were endlessly, you know, trying to, you know, say that, you know, somehow or another the, the leaked information or, you know, whoever wanted to say that the nuclear program wasn't really damaged more than it was. I mean, there just is no sense in this, right? I mean, ultimately, if Trump was propagandizing, you just walk with it and you think, okay, well, he is, you know, just saying that they got it and they really didn't. So what, you know, you have Iran that comes back in, in six months and says, surprise, we've got nukes. I mean, there just is no way to effectively propagandize that situation. It either happened, it was either destroyed or it wasn't.
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John Decker
I agree. You know, I think that, you know, even those who want to get that readout from the administration, Democrats on the Foreign Relations Committee in either the House or the Senate, have to acknowledge that the Iranian nuclear program, its nuclear ambitions, have been set back substantially because of the action taken by the United States. And, you know, you mentioned all of the things related to why the President can't just propagandize this issue. He can't propagandize this issue. I mean, we're talking about also Israel's safety, its security. Israel's not going to propagandize this because their very security, their existential existence, depends upon Iran's nuclear program being curtailed back to, you know, zero, essentially. And, you know, when we hear from Israeli intelligence, they're satisfied with the actions taken by the United States. I think that says a lot. You know, if they weren't, maybe they would be saying, you need another go around, you know, in terms of taking it out altogether. They're not saying that, Brian. They're saying it has been, in the President's word, he uses, obliterated. It has been obliterated. It has been decimated. I think that those two words certainly apply to Iran's nuclear program right now.
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Brian Mudd
Brian Mudwood, John Decker, one more for you. John so mentioned that John is the only member of the press corps that's also an attorney. So putting your legal hat on for a minute, the whole Diddy situation. So we get the verdict, and not guilty of the most serious charges. Judge is holding him in jail until sentencing. What do you make of this deal?
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John Decker
I don't know. You know, I mean as you know it's a substantial bond that he needs to post. I believe it's $50 million. And that's the reason why he has remained behind bars for all of this period of time. I don't know, you know, maybe that it gives you a window about what kind of sentence he intends to hand down against Diddy. But you know, as the interest on, on the face of it, as you know, he really skirted the possibility of very serious prison time. Remember, this is a federal case because of the fact that he was acquitted on the most serious charges for the two counts that he was found guilty of, they have maximum penalties of 10 years in prison. He will not get 10 years in prison. You know, he's a non violent offender, someone who's not a repeat offender. I can't tell you what the judge is ultimately going to sentence did he to in terms of a jail sentence, a prison sentence but it won't be anywhere near that ten year maximum sentence. And certainly his lawyers are going to ask for no jail sentence, a time served for all of the amount of time that he served in prison. And we'll see ultimately whether that federal judge agrees with that. And let's not forget the president has the power of the pardon. And it would not surprise me, nothing surprises me these days, Brian. It would not surprise me if Diddy gets a pardon from the President of the United States. So we'll have to wait, wait and see. You know, I mean he's got a lot of big things on his plate right now, but that would not surprise me in the least really.
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Brian Mudd
I mean that one was, was not on my bingo card. So that is, that, that is interesting. So Decker pointing, pointing to the outfield right now and we'll see what happens there. That would be, that would be an interesting development, John. Really appreciate it. Thank you so much for the time the insight.
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John Decker
Thanks Brian. Talk to you soon. Bye bye.
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Brian Mudd
All right. And again, Gray Television and iheartradio White House correspondent John Decker. I'm Brian Mudd in for Clay and Buck 24, a weekly podcast from Clay and Buck covering all things election. Episodes drop Sundays at noon Eastern. Find it on the free iHeartRadio app or wherever you get your podcasts. This bill, over the next year we are going to see growth like we have not seen.
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Jimmy Petronas
And importantly it is going to be.
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Brian Mudd
Not influenced inflationary growth which is something that Democrats couldn't do. Treasury Secretary Scott Beset. He was on with Maria Broughtromo FOX Business this morning. And we are going to unleash growth. We are already seeing the lowest inflation we've had since basically Trump was last president. And yeah, we are going to see in time for Independence Day, a big beautiful bill on President Trump's desk or at least the act that was previously known as the bbb. As soon as Hakeem Jeffries gets done doing his thing, his Sparty impersonation right now, he was apparently motivated by Cory Booker and he is making his last stand. And somebody who's joining us, Brian Mudd in for clay and Buck. Somebody who's joining us has, has been entertained by today's festivities. I'm sure Congressman Jimmy Petrone is joining us now. Jimmy, how's it been taken in the, the festivities with Hakeem today?
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Jimmy Petronas
I would rather have root canals without any novocaine. This has been the biggest colossal waste of time. We are delaying savings and benefits to the American taxpayer right now with ridiculous, you know, shows like this right now. Hakeem has been up there now since 3:30 in the morning. We've all been awake watching this. And it's all because he wants to break Kevin McCarthy's record for speaking the longest on the floor nonstop. This is, this is the type of redeemer like the Congress.
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Brian Mudd
Jeffy, you are saying that it looks like it's, it's about to come to a close right around 130.
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Jimmy Petronas
Yeah, that's, that's what, that's what we're anticipating that longer he's going to go. And I, look, I didn't mean to go off on you just like that. But Brian, you're, you're my pal and I think I can be candid with you and, and the public doesn't deserve this type of ridiculousness.
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Brian Mudd
No, you're, you're, I think, right on point. I think you kind of captured the feel of the thing. You know, the, the only thing I'm impressed by is just the lack of a need for a bathroom break. You know, I could stand up there and throw my arms around rave too, but, you know, it's, it's oppressive. I don't know if he did the fasting thing like Sparty did in the Senate, but, you know, you got to give the guy credit at least for not needing to make a pit stop or two.
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Jimmy Petronas
Well, I tell you, he does not look good from the time he has started the time he is now. He, you could see he keeps on patting himself. He does not look good. He looks pale. So anyway, I'm sure he's tired. You know, good for him. I have no idea what he's been talking about.
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Brian Mudd
All right, Jimmy. So a couple of things. First about Jimmy Petronas. He, he is a congressman from Florida. He took over the Matt Gates seat in the special election recently. Previous to that was Florida's cfo. And Jimmy, the reason I wanted to talk to you today, you got a lot of us that are fiscal conservatives, you got a lot of us that take a look at debt, the federal deficit, the federal debt, and we're like, you know what? The BBB doesn't look like such a beautiful thing when you see some of these projections. And even if the CBO stuff doesn't factor in enough growth, what have you, I mean, it's still kind of hard to get from here to there and feel good about it. From a fiscal conservative perspective, I mean, tax stuff is awesome. You know, taking care of border and all the illegal immigration nonsense. I mean, so much good in here. But I mean, when we do still have a bill that has, you know, illegal immigrants, criminal illegal immigrants being able to get access to Medicaid, I mean, you do kind of scratch your head with some of this stuff. So what I want you to be able to do is from the perspective, put yourself back in your old shoes. I know you're getting ready to vote in favor of the act here momentarily, but I want you to put yourself back in your CFO shoes of the third largest state in the country that has a balanced budget. As someone who I know is deeply convicted as a fiscal conservative, and I want you to tell us why you're voting for this and also why those of us who are fiscal conservatives and are concerned maybe shouldn't be so the.
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Jimmy Petronas
One, and I think it's probably the ones that are the easiest for people to understand, whether we talk about the no tax on tips or the no tax on overtime. Now, that may not necessarily affect some of your listeners because maybe they're in a salary position, but as somebody who's coming out of the service industry, and I think about how in the state of Florida, how big of a service driven market that we are now, you're basically giving probably the biggest tax break in the history of America to that middle class that has never seen that type of ability to keep their own money in their pocket and spend it. Also, it's that particular class of individual that has been hurt the most by the increase in inflation. So I truly think the president has, he, he was on the campaign trail. He heard the struggles that people were having in the service industry, you know, gosh, why not? Let's make your no tax on tips. So it became a little bit of a novelty. I mean, look, it's almost like a little bit of a one off over some of the other messaging that the President's got. He keeps his message pretty simple so the average person can understand. So those two issues, look, you can't bring them out of the ground without having the ability to pay for it because it's got to get started before it takes root. The President so passionate about getting this bill signed as soon as possible because he learned last time with the Trump tax cuts, they signed them too late. And most people, if they reflect on how prosperous our country was in 2019, the president wants to get back to those days. Unfortunately, now we're fighting with this, this new inflation, its new cost of business that we inherited from the Biden administration over the last four years. So, you know, I'm giving my trust to the President on what he sees as an opportunity to just really supercharge money back into the wallet to that middle class.
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Brian Mudd
So am I to take it then that, you know, the, the whole debt and deficit thing, you're, you're on the tact that you believe we're going to grow our way out of this part.
- [37:02]
Jimmy Petronas
Of it will be growth. Now here's the other thing. So, you know, there's been a lot of hard feelings towards the CBO and how this has been scored and how far off and how wrong they were with the last Trump tax cuts and the conservative nature of why they feel that the debt ceiling was needed to be increased in order to accommodate this. So we really feel like there's going to be some consistency in their bad predictions that are going to ultimately reflect to the good of the bottom line of the American taxpayer. Look, I'm not thrilled with it, but, you know, as I'm a believer that what Mike Johnson is telling us, what our plans are between now, it's a four year plan to try to do what we want to do under the Trump administration to get to the balanced budget that we want to get to, you know, this, these priorities of the President right now that we put into motion first in order to get our economy back where it should be.
- [38:04]
Brian Mudd
All right, so Jimmy, kind of walk us through this past day. You know, we had members of the House Freedom Caucus are like, no way, you know, coming out of the Senate, absolutely no way. You take a look at, you know, there having been one vote that passed this thing out of the House in the first place. And then, you know, what, what was being said coming back the other way. So what is your understanding of what went down at the White House yesterday, what was said with the President? What has theoretically made this difference, that we are on the precipice passing this?
- [38:35]
Jimmy Petronas
Well, I think part of it was, is Thomas Massie pleading to the President saying, look, I'll vote for this thing if you stop beating up on me. I mean, so you definitely, you've got a number. It's the rule of numbers. You know, Brian, you know, if you got a hundred people in room that you're going to be, 10% of them are going to be all about themselves. And so as you get these members of Congress who, you know, have a base that they cater to and this is the way they communicate to them, this is how they communicate, consume their news. You know, part of it is taking these positions that are contrary, which, some of which have some merit to them. But, you know, you can't go and kill this bill with what the Trump tax cuts alone mean to small businesses and being able to allow the taxpayer to keep their money. We don't want to increase taxes on people. This bill does. You're increasing tax on people. You know, these guys had to come to their senses. It was crazy. I mean, we didn't get them all on board till 3 o' clock in the morning. You know, I mean, really, I mean, you knew you were going to get here, but we're going to, you know, try to do as much social media and TV as we possibly can to drum up as much attention for ourselves to ultimately get to the place where we knew we were going to get all along. So it's, you know, it's, it's just part of how things roll up here sometimes.
- [39:57]
Brian Mudd
So Massey, Massey literally went pleading to the President, huh?
- [40:03]
Jimmy Petronas
That's what I was told. So it was a conversation that took place. And look, you know, I'll come around if you just stop beating up on me. And look, the President, the President can read polls as good as anybody. And I'm sorry, the, the American public wants his, his campaign promises completed. You know, there some things of the bill that probably, you know, like you said earlier with regard to the increase of the debt ceiling, there's going to have those detractors that I'm, I'm not thrilled about it, but this is a pathway to get what the President promised on the campaign trail. And look, I get excited about, man, the cop, the firefighter. Now they're not going to have to pay taxes on their overtime. You know, these are the same guys that, you know are going to come show up at our house. When you dial 911, you've got an emergency. These are the same guys, two of which just got gunned down out on the west coast, you know, respondents. I mean, these people put their lives on the line. You know, I have no problem at all letting them be exempt from, you know, income tax or taxes on their overtime.
- [41:07]
Brian Mudd
All right, Jimmy, good stuff. So any doubt about how this vote goes down just a little bit?
- [41:13]
Jimmy Petronas
No. Look, I think we're gonna have some anxiety. At least we're going to be voting during daylight hours. But look, last night we had members that went back to their districts, so that was another drag. Things. We had members that actually went out and they were hiding because they didn't want to face the music on dealing with arguing their position on this legislation. So, I mean. Yeah, look, if you don't like making tough decisions, man, you probably shouldn't have put your name on the ballot. So, you know, time is the most precious thing we got, and we have wasted an enormous amount of it with foolishness over the last 72 hours.
- [41:51]
Brian Mudd
You know, memory serves, you are Clay's congressman, at least, you know, part time congressman. Right. His. His home in the Panhandle, where he is right now, actually.
- [42:02]
Jimmy Petronas
I'm sorry, which one?
- [42:04]
Brian Mudd
Clay? I. Yeah, no, you're good. I think you're. Yeah.
- [42:08]
John Decker
Right now he. You know what?
- [42:09]
Jimmy Petronas
I hope he's spending an enormous amount of money in Northwest Florida, enjoying the world's most beautiful beaches. And. Yeah, he did a. He did a Hill TV the other day, and he was gushing about, you know, enjoying the Panhandle while we were up here facing the monsoons. So, yeah, he'll actually. He goes. He used to go into the old iHeart station that I was in for a while when he did a show remotely up there. Good stuff.
- [42:35]
Brian Mudd
Yeah, no doubt. And much better representation that Clay has than me. I have, unfortunately, the same House representation that the president does, which is Lois Frankel. Nobody wins in that deal, you know, but you're.
- [42:51]
Jimmy Petronas
It is so cool to know that I'm talking to you and you're doing fill in on Clay and Buck's show. I mean, that just shows you where you have taken your career and how effective you are communicating what's important to the listeners. So, I mean, you think about how important that family of listeners is and for them to entrust you with their listeners. God bless you, dude. That's a heck of a damn accomplice. I'm proud to call you a friend.
- [43:17]
Brian Mudd
God bless you. I've lived a career on the periphery people far more impressive than my myself. So anyway Jimmy, God bless you. Look forward to the vote. Talk to you soon.
- [43:25]
Jimmy Petronas
See you buddy. Take care. Bye bye.
- [43:28]
Brian Mudd
Brian Mudd in for Clay and Buck.
- [43:31]
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- [44:31]
Brian Mudd
This runs directly contrary to what President Trump indicated in January, which was that he was going to love and cherish Medicaid.
- [44:40]
Jimmy Petronas
Nothing about this bill loves and cherishes Medicaid. It guts Medicaid.
- [44:48]
Brian Mudd
For slugs. It guts it for slugs. That's the only Hakeem Jeffries he is making the most out of his magic minute. He has officially set the record for the longest use of what's known as a magic minute by the It's a House procedure. So he has now spoken longer than McCarthy. Record is. It's an interesting dynamic right now, Brian Mudd in for Clay and Buck because you had Maxine Waters recently approached the podium and so right next to Hakeem Jeffries, who is, you know, still going at it. Although he has been reaching for his mouth a lot recently, he's been going for water more frequently. Recently you have Maxine Waters that looks to be, I don't know, about three feet away from him, maybe, maybe two. And I'm wondering at this point all the Democrats are standing now as well. So I'm wondering if it didn't get to the point where it's like even the Democrats are. All right. Okay, Hakeem, so, like, you set your record. We're going to send Maxine to stare at you. We're just. She's gonna stand next to you and stare at you until you're done here. I think it might be a, a subtle maneuver by the, by the House minority group to, to try to get Hakeem to wrap it up. But he's still going.
- [46:16]
Jimmy Petronas
He's still.
- [46:18]
Brian Mudd
At some point, we do anticipate here the not so distant. We are actually going to get to the vote that is going to give your wallet a big break. Okay, so you've heard a lot of lies about what the BBB actually means. You heard Hakeem. It's all about the billionaires. They really don't have any, any new tricks. It's like, man, that playbook is old and dusty. So here we are, you know, the burn. He huffed, he puffed, he had Pocahontas. She whined. That all went down the Senate AOC. She still sounds like she's 13, Hakeem. And the throes of his last stand here, you had in the Senate, you know, Thom Tillis and Susan Collins that did side with the slugs. You know, those who don't believe in Medicaid or SNAP work requirements, just who's a cute little illegal immigrant? Oh, you are. Here, have some food stamps and Medicaid. But anyway, through coercion of House Freedom Caucus members at the White House yesterday, it does look like we are on the precipice of passing President Trump's one big beautiful bill act, or the act, as it happens to be, because of final act of pettiness. You probably heard about this in a last minute maneuver when it was being passed out of the Senate, yet a maneuver that was so petty, it was only something that Chuck Schumer would do. You know, just prior to the final Senate vote, good old Chuck U. Schumer, as Rush often would say. He forced a motion to rename the One Big beautiful Bill act the act by invoking a section of the Bird rule. It's one of the arcane Senate rules that. And named after the former Democrat KKK organizer turned longtime senator that they now think is great. So anyway, Chuck Yu then literally went on to say that because of the formally aesthetically pleasing act, people are going to get sick and die. People are going to get sick and die, and you're going to have hungry kids. And, you know, it's the whole, you know, Republicans want your kids to starve so I actually think there's a far better chance that like people get sick and maybe like seriously ill just by listening to Chuck and, and Hakeem. By the way, it does look like speaking of Hakeem in real time, I think he's done. Oh, he's done, everybody. Oh, it's a hero's welcome. You ever notice just how ugly those people are? It's just, I don't mean to to be offensive. It's like you take a look, you have all this great senior leadership of Democrats that are now hugging Hakeem. Oh, you are.
- [49:13]
John Decker
You're great.
- [49:15]
Brian Mudd
That is, that is a motley bunch of people right there. I always said there's nothing about hate that age as well, you know, just it's not attractive. Which by the way, AOC not going to go so well. Although I'm not sure she actually really just words coming out of her mouth. But nevertheless, what does this actually mean to you? Well, the whole thing is huge money to you. If you remember during the debate and the lead up to President Trump's 2017 tax cut in Jobs act, remember how you were routinely lied to by the fake news? Remember how you were told that only tax cuts for the rich, higher taxes for you? You know, one of the things I thought was was so instructive, just how pervasive the mind washing of of most Americans was. You had even after the tax cuts had kicked in, pulling from NBC News and the Wall Street Journal showing that only 17% of Americans thought they were getting a tax break again. They'd already started to kick in, but they had been lied to for so long and you still had your godless souls and slanderous news media that still had enough influence apparently with people to that only 17% actually thought they were getting one. In reality, over 80% of Americans saw a tax break from the tax Cutting Jobs Act. What was the average savings? $2,100 per filer within the first year. By the way, it's a number only growing a lot bigger over the past seven and a half years. And surprise, surprise, you have the line that is the exact same thing. I mean, same playbook from them. Right? So this is going to be horrible for you. It is. It's the screw you act. And you know, just for the billionaires. But let's start with the bottom line. The one big, potentially aesthetically pleasing bill. It is huge for you and your household. So first of all, it makes permanent the original Trump tax cuts with individual tax reductions for the average 22%. Average filer, 22%. Now, how much money you start breaking this stuff out for households, by the time you take a look at child tax credits, the nominal rate reductions, the average number of people that file in a home, all these things, you know what it actually is because a lot of the numbers have been thrown out there. Don't factor in all of the tax savings. If you break out what the tax savings per household that files taxes is, you're at $3,900, $3,900. But wait, there's more. 84% of households are going to see additional tax cuts beyond the current policy. I mean, 91% will get some kind of benefit, but 84% stand to benefit by an additional 2,900 bucks annually when this passes. Come next year, another 2,900 bucks in tax savings for you and your family. So here's what's actually on the line. You know, people throw numbers out there. Talk about all the. For the average household in this country, the round trip on this deal is $6800. If you had the tax increase from having the Trump tax cuts expire and then also not the benefit of the additional tax cuts here you will round trip would be out 6,800 bucks next year. Your family. Average household in this country that comes from beef up, beats up child tax credit, no federal taxes on tips, overtime, higher standard deductions, real money, real savings coming right down the line. And one of the really big ones, seniors, you know, one of the things that Trump, of course it was the no tax on tips, no tax on overtime. And along the way, he said, and no, no tax on Social Security either. It was kind of like one of those. And we'll throw that into it. So it's not explicitly that way, but the way that it did end up getting put in here pretty much works that way. So seniors over 65 get a huge boost, get a huge boost, $6,000 added to the standard deduction. So what does that mean? Well, for the average senior over 65 comes out to just over a thousand bucks per year in savings. So married, filed, filing jointly, both over 65, that's another about 2,000 bucks in your pocket. And for almost all seniors, it wipes out effectively the tax liability from Social Security. So you pretty much delivered on it that way too. Things that people don't know about. You have an American made car, you get an auto loan.
- [54:22]
Jimmy Petronas
Yeah.
- [54:22]
Brian Mudd
Deduction that'll average $475 a year and savings on that next year. The standard deduction. You know, almost everybody Uses the standard deduction now is one of the ways that the first Trump tax law ended up closing so many of the loopholes, so many of the deduction loopholes. 91% of taxpayers use the standard deduction. Well, that's going up. That goes up next year. $1,000 for individuals and for married couples. So pretty much everybody sees some kind of benefit. But again, for over 80% of people, over 80% of households, we're talking about the benefit being into the thousands, over $2,000 per year. So it's absolutely huge money for you. And so what is actually on the line with this vote? It's the choice between a 3, $3,900 tax increase if you let the Trump tax policy expire, or an additional $2900 tax cut. Now, let me ask you how many people you could do man on the street stuff. You could go to your, your average Democrat. All right, guys, you could probably go to aoc. Don't tell her. It's actually about this law, this bill. By the way, Hakeem, he is done. You have Mike Johnson, House speaker, that is now up. Looks like he's calling for the vote. So we are going to, to get underway with the vote, and we probably are, before the end of the show, going to have the conclusion to the one big beautiful bill act, the vote on that. So stand by for news and we'll break it. We'll bring you all the breaking news on this. So, you know, like, even AOC, you get AOC outside the house. Hey, you, you want like a $3,900, uh, tax increase or would you like an additional 2900 tax cut even? I think AOC, if you just don't tell her how it happens, is going to go, oh, yeah, yeah, I would like that. Anybody who's honest is going to tell you that. So, as always, there are two sides of stories. One side effects, the one big, potentially aesthetically pleasing act, it saves you money. It ends up delivering relief almost entirely across the board. And the great irony is, you know, there are actually 5% of people that ended up paying more under the Trump tax law, the 2017 law. You know who those people are? The billionaires, wealthy people that were able to make use of standard deduct or make use of deductions that they can't make use of anymore when they were closing loopholes. So, yeah, the only people who actually ended up paying more were the wealthiest peoples. The exact opposite of what was being said. As we are on watch here with House Speaker Mike Johnson getting ready for the vote. Brian Mudd in For Clay and Buck 24 Clay and Buck's weekly campaign Cliff Notes episodes dropped Sundays at noon Eastern on the free iHeartRadio app or wherever you get your podcasts. This is an iHeart podcast.