WHO WOULD BE THE DEMOCRATIC
NOMINEE IN 2024?
WE WILL TELL YOU.
>> A SHORT TIME AGO THE SENATE
PASSED A MASSIVE SPENDING BILL
CALLED THE INFLATION REDUCTION
ACT AFTER MORE THAN 24 HOURS OF
DEBATE.
DEMOCRATS WERE ABLE TO GET IT
PASSED USING A PROCESS CALLED
BUDGET RECONCILIATION WHICH
ALLOWS THEM TO GET AROUND THE
SENATE FILIBUSTER.
VICE PRESIDENT KAMALA HARRIS HAD TO CAST THE DECIDING VOTE.
TO CAST THE DECIDING VOTE.
>> ON THIS VOTE, IT IS 50/50.
THE SENATE BEING EQUALLY DIVIDED
THE VICE PRESIDENT VOTES IN THE
AFFIRMATIVE AND THE AMENDMENT IS
PASSED.
[CHEERING AND APPLAUSE]
>> DEMOCRATS MADE IT HAPPEN EVEN
THOUGH SENATOR BERNIE SANDERS
AGREED WITH THE CONGRESSIONAL
BUDGET OFFICE.
ECONOMISTS AND A BIPARTISAN
CONGRESSIONAL STUDY THAT FOUND
THAT THE BILL WOULD NOT
MEANINGFULLY REDUCE INFLATION.
>> I WANT TO TAKE A MOMENT TO
SAY A FEW WORDS ABOUT THE
SO-CALLED INFLATION REDUCTION
ACT.
I SAY SO-CALLED ACCORDING TO THE
CBO AND OTHER ECONOMIC
ORGANIZATIONS THAT HAVE STUDIED
THIS BILL.
IT WILL IN FACT HAVE A MINIMAL
IMPACT ON INFLATION.
ACCORDING TO THE MOST RECENT
GALLUP POLE, THE APPROVAL RATE
FOR CONGRESS IS AT 16%.
>> LITTLE DETAIL ON THE BILL
THAT DEMOCRATS DO NOT WANT TO
TALK ABOUT IS $80 BILLION TO THE
IRS BUDGET ADDING THOUSANDS OF
AGENTS AND THOUSANDS OF MORE
AUDITS ON MIDDLE-CLASS
AMERICANS.
SENATOR TED CRUZ ON "SUNDAY
MORNING FUTURES" SAYS
MIDDLE-CLASS WILL PAY FOR THIS
ONE.
>> THOSE IRS AGENTS ARE DESIGNED
TO COME AFTER YOU.
THEY ARE DESIGNED TO COME AFTER
SMALL BUSINESSES AND WORKING
FAMILIES ACROSS THIS COUNTRY.
THAT DEMOCRATS ARE MAKING THE
IRS BIGGER THAN THE PENTAGON
PLUS THE DEPARTMENT OF STATE
PLUS THE FBI PLUS BORDER PATROL
COMBINED.
THE IRS WILL BE BIGGER.
THIS IS A MASSIVE POWER GRAB.
>> OKAY.
RAYMOND, IT IS SO BAD, THIS
BILL, THAT EVEN BERNIE SANDERS
IS AGAINST IT.
THE FACT THAT THE DEMOCRATS HAD
TO PASS IT USING KAMALA HARRIS
5050 BOAT, IT WAS NOT 60 LIKE WE
NORMALLY SEE IN THE SENATE.
IT KIND OF SPEAKS TO THE FACT
THAT PEOPLE DID NOT WANT THIS TO
HAPPEN AND THEY POSTED ANYWAY.
>> USING RECONCILIATION.
A PROCESS THAT WAS NEVER
INTENDED.
THE NATURE OF THE SENATE IS TO
THROW THE BRAKES ON AND TO MAKE
SURE, I MEAN, THIS IS WHAT THE
FOUNDERS INTENDED ANYWAY, MAKE
SURE BOTH SIDES COME TOGETHER
AND IT IS SLOW AND HARD
PARTICULARLY WHEN YOU’RE
CHANGING SOMETHING AS IMPORTANT
AS TAX POLICY.
NOW YOU HAVE TAXES ON
CORPORATIONS, A SQUAD OF IRS
AGENTS DOUBLING THE SIZE WHICH
IS PROBABLY NOT THE GOVERNMENT
SERVICE YOU WERE WAITING FOR.
TO CALL THIS AN INFLATION
REDUCTION ACT, THIS IS LIKE
DEMOCRATS CALLING AND ABORTION
BILL THE HAPPY PARENT QUIET BABY
ACT.
IS THERE SOME TRUTH IN THERE?
I DOUBT IT.
NOT ONLY IS IT MISLABELED, BUT
CREATING THIS IN THE AMERICAN
ECONOMY ALREADY SUFFERING UNDER
THE WEIGHT OF INFLATION, GOD
HELP US.
I DON’T KNOW WHERE WE GO FROM
HERE.
>> A LOT UP PEOPLE WORRIED ABOUT
WHAT IS GOING TO HAPPEN.
A LOT OF AMERICANS SEEING IT
COMING AT YOU SOON.
LISTEN TO WHAT THESE TWO
DEMOCRAT SENATORS, LOOK AT THE
STAT UP ON THE SCREEN RIGHT NOW.
2021, YOU HAVE THE IRS AUDITING
PEOPLE MAKING UNDER $25,000 A
YEAR, FIVE TIMES MORE THAN
EVERYONE ELSE.
DON’T LET THEM FOR A SECOND SAY
THEY HAVE NOT BEEN PUSHING
AUDITS ON LOWER AND MIDDLE
INCOME EARNED.
ALSO, LET’S HEAR FROM THE
DEMOCRATS ON WHAT THEY SAY WILL
HAPPEN FROM THE IRS.
>> I THINK THEY WILL TARGET THE
HIGHEST.
THAT IS WHERE THE MONEY IS.
THAT IS WHERE THEY WILL LOOK TO
COLLECT THIS IDEA THAT THERE
WILL BE AN ARMY OF IRS AGENTS
DEFENDING AVERAGE AMERICANS
PREPOSTEROUS.
>> MILLIONS OF AMERICANS NOT
IMPACTED THAT OTHER THAN GETTING
BETTER SERVICE FROM THE IRS.
GETTING THE QUESTIONS THEY NEED IN ORDER TO COMPLY WITH THE TAX
IN ORDER TO COMPLY WITH THE TAX LAWS
LAWS WE WILL NEED THAT MONEY
BACK.
THEY COME AFTER HIS ACCESS TO
THE MONEY IN THE BANK.
THAT IS HOW THE FEDERAL
GOVERNMENT WORKS.
I GUARANTEE YOU WITH THE WORK HE
DOES HE IS OPERABLY PAID MORE IN
HIS COMMUNITY AND THE FEDERAL
GOVERNMENT AND IN TAX MONEY BY
DOING THE RIGHT THING OVER AND
OVER AGAIN WHILE HIS EQUIPMENT
GETS VANDALIZED BECAUSE THERE
ARE NOT ENOUGH POLICE TO KEEP IT
SAFE.
HAD TO BUY A $4000 PIECE OF HOSE
BECAUSE THESE KIDS TRIED TO BURN
IT DOWN.
$9000 IN THE BANK THAT HE IS
SCARED TO DEATH TO TOUCH.
WHEN HE STANDS THERE AND SAYS IF
YOU PAY YOUR TAXES YOU DON’T
HAVE TO WORRY ABOUT THAT.
WITH ALL DUE RESPECT, WE NEVER
KNOW IF OUR TAXES ARE PAID.
WE DON’T KNOW WHEN YOU WILL TELL
US WE MADE THE MISTAKE THAT WE
DID NOT KNOW.
IF I GO THREE-FOUR YEARS, $9000
IS A BIG CHUNK OR PEOPLE.
REGARDLESS IF THERE IS A
TECHNICALITY ARE NOT.
GIVE ME THE BENEFIT OF THE DOUBT
>> IT MAY BE A SUBSIDIARY OF A
BIG CORPORATION.
SUBJECTED TO A TAX.
THIS IS THAT PEOPLE SERVING THE
GOVERNMENT RATHER THAN THE OTHER
WAY AROUND.
IT IS A LOUSY BILL.
I READ PARTS OF IT.
IT IS A NIGHTMARE.
GOD KNOWS WHAT THEY CRAFTED IN
THE LAST 24 HOURS.
>> IF HE WOULD’VE KEPT TALKING
THERE COME OUT THE LAST THING
YOU SAID "NO REASON TO BE
FEARFUL".
A QUESTION BY MIKE EMANUEL WHO
WAS PRESSING HIM ON THE DOZENS
AND DOZENS OF ADDITIONAL IRS
AGENTS THAT WILL BE OUT THERE.
YOU DON’T HAVE TO BE WORRIED.
>> HE MAY TURN $500,000, BUT HE
WILL ONLY MAKE 100-YARD HOW MUCH
DIESEL FUEL COSTS, YOU HAVE TO
PAY $35,000.
A LOT OF MONEY THAT COMES IN HIS
HANDS.
BIG BUSINESS.
THAT IS THE PROBLEM.
>> I THINK A LOT OF THIS IS JUST
SO INSULTING TO THE AMERICAN
PEOPLE.
JUST THE NAME IN AND OF ITSELF
TALKING TIME AND TIME AGAIN,
DOES NOT EVEN DO THAT.
THEY NAMED THINGS.
MAKING THEM APPEAR A CERTAIN
WAY.
THE AMERICAN PEOPLE,
UNFORTUNATELY, FIND OUT LATER
THAT IS NOT THE CASE.
THEIR LINK THIS MUCH MONEY OUT
THERE, ON TOP OF THE 9.1%
INFLATION WE HAVE WHILE RAISING
TAXES, 15% CORPORATE TAX FRAME
YOU JUST REFERENCED, THIS IS
LIKE THROWING GASOLINE ON A
FIRE.
HAVE ANY OF THE DEMOCRATS BEEN
ABLE TO ACTUALLY TELL US HOW
THIS WILL REDUCE INFLATION?
>> WE HEARD SENATOR SANDERS SAY
DON’T EXPECT MUCH, FOLKS.
I CANNOT PROMISE ANYTHING RIGHT
NOW.
THE QUESTION DOES REMAIN, WHAT
HAPPENS BETWEEN NOW AND NOVEMBER
DEMOCRATS WILL SAY THIS WAS A
WIN AND IT WILL BE A WIN FOR THE
AMERICAN PEOPLE.
AMERICANS WHO DON’T FEEL LIKE
THEY’RE WINNING NOW AND MANY
DON’T, THIS WILL BE A LOSS FOR
DEMOCRATS IN NOVEMBER WHICH THEY
WERE EXPECTING ANYWAY.
TO WALK AROUND SAYING LOOK WHAT
WE DID, FOLKS COULD BACKFIRE.
>> THEY STARTED WORKING ON THIS
AT NOON ON SATURDAY.
ACTUALLY PASSED AT 3:18 P.M. ON
SUNDAY.
THEY WENT OVERNIGHT.
THEY BOUGHT ALL KINDS OF SNACKS.
CHUCK GRASSLEY HAD TO MAKE 10
MINUTE NAPS.
IT’S NOT BAD.
I’VE GOT TO GIVE IT TO HIM.
ENOUGH TO MAKE PEOPLE NEVER WANT
TO RUN FOR CONGRESS.
>> A WONDER THEY DIDN’T HAVE
OXYGEN TANKS TO KEEP THEM ALL
GOING.
SOME OF THESE PEOPLE ARE LITTLE
BIT BEYOND THE PALE.
APPARENTLY, THEY DON’T CARE
ABOUT THE VOTER ANYMORE.
THEY ARE ABOUT TO RETIRE.
SET OUT TO PASTURE.
THEY DON’T GIVE A DAMN WHAT
HAPPENS AND WE WILL BE LEFT
HOLDING THE BAG.
>> REPUBLICANS BRING IN
AMENDMENTS.
THEY HAVE THE OFFICE TO SCORE.
IN ORDER TO GO.
DEMOCRATS VOTED NO ON AN
AMENDMENT THAT WOULD TAKE 51
VOTES AND THEY CAME BACK AND
BROUGHT THE AMENDMENT BACK WHERE
IT WOULD TAKE 50 VOTES.
NO AMENDMENTS PASSED.