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President Trump's big beautiful Bill with Steven Moore and Joey
Transcript
Welcome back in President Trump's big beautiful Bill. Major changes have been made by the Senate on student loans that includes fewer repayment options, ending the save plan, eliminating Graduate plus loans, and adding caps on graduate loans. Let's bring in Steven Moore, former Trump economic adviser and co founder of the committee to Unleash Prosperity. Good morning, Steven. Um, tell us how this benefits taxpayers. Tell us how it benefits students. Huh, well, this Bill is an extraordinary Bill and I salute Donald Trump and, by the way, also Speaker Johnson who did an amazing job and, and so did John Thune. If you had asked me three weeks ago, can they get this done by July 4th, I'd say no way, that's not possible. And it shows how by the force of nature, uh, Trump, uh, push this thing through in an, a great way. But, you know there's so much in this Bill.I'm so tired of Democrats saying, oh, this is just a tax cup for millionaires and billionaires. No, every single family in America that pays taxes on average gets about a 2,000 dollar reduction in their taxes.And then every small businessman and woman who, you know as, you know small businesses are the backbone of our economy, their major employers, they see about a 20% reduction in their taxes. Uh, there if you if you like a school choice for, uh, parents, there's an expansion school choice. If you like health savings account so people can have more control of their healthcare money. That's in the spell. If you hate uh, if you hate uh, Joe Biden's, uh, member, the student, uh, loan forgiveness scam that's gone. I mean I could go. OH, what about drill, baby, drill. We're gonna do more drilling in this Bill. It allows for more mining, allows more for more timber sales. I mean I could go out on that. This is a great Bill, maybe the most conservative Bill I've seen in my lifetime. All right, well, so we get past student loans here. We're looking at some other things that are about to happen. Trump, uh, he's good at setting deadlines and make sure they get met. There's a deadline coming up on July 9th that says these tariffs, they were put on a pause or are gonna come back. This is what President Trump had to say about it start sending letters out to various countries starting tomorrow. Will probably have 10 or 12 go out tomorrow. And they'll range in value from maybe 60 or 70% Arabs to 10 and 20% tax. So where do we see this going? Do you think some of these countries will come to the table in the next 10, four days? There's no doubt about it. By the way, I haven't been a big fan of the Trump terror policy, but I have to admit that I've been wrong. Because Trump just keeps getting the major countries come to the negotiating table, make a fairer deal for America and lowering to us on the stuff that we produce, whether it's our powers, our agriculture, our dairy products. It's been an extraordinary achievement. So yes, I think in the next week or so, you're gonna see a lot of these countries, uh, their leader is, you know, calling up Trump and saying, let's get this deal done. It's in their interest, in our interest too. And in the end of the day we're gonna end up with freer and fair trade, which I love. So real quickly on this, we look at this big beautiful Bill. We look at the tariffs is, is, are they taking into account that the tariffs may offset some of the deficit that their budget office sees in the big beautiful Bill? That's a really good point. You know, that the Democrats who say, oh, this is gonna add$3 trillion to the data, the Congressional Budget Office, they're wrong because there isn't the tariff revenue that Trump will raise, which is basically a tax revenue that's gonna come in, that is not included in these numbers, by the way, they, they don't also don't include the fact that the economy is gonna do better now that we have this tax spell that has another trillion dollars. So these, not these numbers you're reading folks$3 trillion addition to the debt. They're phony baloney. Well, from your words hopefully to God's ears, cause I want our country to do, uh, very well. Steven Moore, thank you so much for joining us. Thank you. Have a great day. Yes, sir. Alright, Democrats
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