♪.
LARRY: SO CAN THE GOP PLAN KILL
THE BILL?
IS THERE A STRATEGY?
IS IT POSSIBLE?
LET’S ASK SENATE REPUBLICAN
CONFERENCE CHAIR MR. JOHN
BARRASSO OF WYOMING.
SENATOR BARRASSO, THANK YOU,
SIR, AS ALWAYS.
LET’S JUST BEGIN, CAN YOU KILL
THE BILL?
>> WE’RE GOING TO DO EVERYTHING
WE CAN ON THE FLOOR OF THE
UNITED STATES SENATE.
THEY HAVE TO HAVE 50 MEMBERS
THERE ALL THE TIME TO CAST THE
VOTES.
THEY NEED THE VICE PRESIDENT
THERE TO BREAK THE TIE BUT WE’RE
GOING TO BRING AMENDMENTS ON THE
ISSUES THAT THE AMERICAN PEOPLE
REALLY CARE ABOUT, CRIME,
INFLATION, ENERGY, THE BORDER
ALL THE THINGS THAT THE
DEMOCRATS ARE IGNORING AS
THEY’RE TRYING RIGHT NOW TO
RAISE TAXES, INCREASE GOVERNMENT
SPENDING AND PUT MORE
REGULATIONS IN PLACE AT THE TIME
OF HIGH INFLATION AN A
RECESSION.
IT’S ABSOLUTELY RECKLESS.
LARRY: YOU KNOW OUR FRIEND STEVE
MOORE OVER AT COMMITTEE TO
UNLEASH PROSPERITY PUT OUT HIS
REPORT TODAY.
IN THE LAST 18, 19 MONTHS YOU
PUT TOGETHER ALL OF THESE BILLS,
SENATOR BARRASSO, YOU’RE TALKING
ABOUT CLOSE TO $4 TRILLION OF
NEW SPENDING AND THAT OF COURSE
INCLUDES THE CHIPS PLUS BILL
THAT JUST PASSED, WHAT A WEEK OR
10 DAYS AGO, ALONG WITH THE
POTENTIAL FOR THIS BILL.
FOUR TRILLION IN NEW SPENDING AT
A TIME WHEN I THOUGHT THERE WAS
A CONSENSUS EVEN IN WASHINGTON
THAT HIGH FEDERAL SPENDING
CAUSES INFLATION.
IT’S LIKE THERE IS THIS
COLLECTIVE AMNESIA GOING ON DOWN
THERE.
>> WELL YOU WOULD HAVE THOUGHT
WHEN THEY SPENT 1.9 TRILLION ALL
ALONG PARTISAN LINES OVER A YEAR
AGO, THEY SAID IT WON’T CAUSE
INFLATION.
NOW YOU SEE RECORD HIGH, 40-YEAR
HIGH INFLATION, THAT THEY WOULD
HAVE LEARNED THE LESSON.
OBVIOUSLY THEY HAVEN’T LEARNED
THE LESSON.
NOW YOU EVER JOE BIDEN AND
JOE MANCHIN AND CHUCK SCHUMER
JOINING ARMS, THEY MIGHT THINK
THEY’RE THE THREE MUSKETEERS,
BUT TO ME, IT IS LARRY, IT’S
MOE, CURLY IN THE WOODEN RAFT
HEADING OVER THE NIAGRA FALLS
WITH THE ECONOMY.
WHAT THEY’RE DOING IS ABSOLUTELY
RECKLESS, IT IS WRONG, SHOULD
HAVE LEARNED BY SPENDING LAST
YEAR.
EVEN THE PEOPLE THAT JOE MANCHIN
SAYS HE GOES TO FOR ECONOMICKED
IS VICE LIKE PENN WHARTON THEY
SAY IT WILL ADD TO INFLATION.
HE IS NOW IGNORING THAT.
LARRY: SENATOR MANCHIN AND
OTHERS ATTACKING THE JOINT TAX
COMMITTEE THAT THEIR ESTIMATES
TAXES WILL GO UP ACROSS THE
BOARD.
THE BIGGEST HIT IS MIDDLE CLASS,
LOWER MIDDLE CLASS.
THE 14% INCREASE, 15% MINIMUM
TAX ON BUSINESS INVESTMENT WILL
BE FELT MOST HEAVILY BY WORKING
FOLKS.
THAT IS CAREER STAFF THAT
PRODUCES THOSE NUMBERS.
THEY’RE BEEN THERE FOREVER.
THEY’RE NO GREAT FRIEND OF
SUPPLY-SIDERS.
DEMOCRATS ARE ATTACKING THOSE
NUMBERS BUT THOSE NUMBERS ARE
REAL.
THEY ARE NOT OUR ALLIES, THEY
ARE USUALLY DEMOCRAT ALLIES.
>> THEY KNOW THAT THE BURDEN OF
THE TAXES WILL BE ON THE WORKING
MEN AND WOMEN OF THIS COUNTRY,
THE PEOPLE WHO ARE JUST TRYING
TO FILL THEIR TANK WITH GAS,
THEY’RE TRYING TO BUY A WHOLE
WEEK’S WORTH OF GROCERY GOING TO
THE STORE, THEY HOPE AT THE END
OF THE MONTH THERE IS COUPLE
DOLLARS LEFT OVER TO PAY THE
BILLS.
A LOT OF PEOPLE IN JULY RAN OUT
OF MONEY BEFORE THEY RAN OUT OF
MONTH.
THOSE ARE THE FOLKS I’M
CONCERNED ABOUT.
THE DECISION BY THE DEMOCRATS
AND JOE MANCHIN TO JOIN THEM,
WILL HURT AMERICA SIGNIFICANTLY
IN THE WEEKS MONTHS AHEAD.
THERE IS NO END IN SIGHT.
I THINK INFLATION IS HERE A LONG
TIME, LARRY.
LARRY: I WANT TO PROVIDE INSIGHT
TO THIS IRS BUSINESS.
AS I UNDERSTAND IT THEY’RE
ALLOCATING $80 BILLION TO THE
IRS TO HIRE 86,000 AGENTS.
WE’VE SEEN THIS MOVIE BEFORE.
THEY WILL GO RIGHT AFTER SMALL
BUSINESSES INCLUDING SELF-OWNED,
PROPRIETOR OWNED BUSINESSES.
THAT IS ALL THIS IS.
WE’VE TRIED THIS BEFORE.
IT IS BAD FOR BUSINESS, BAD FOR
MORALE.
IT IS VERY COERCIVE.
THEY’RE NOT GOING TO MAKE,
THEY’RE NOT GOING TO MAKE
$126 BILLION IN NEW REVENUES OUT
OF THAT.
THAT IS PART OF THE PHONY
GIMMICKY SCORING HERE, ISN’T IT?
>> WELL IT IS.
THEY WANT TO WEAPONIZE AND
SUPERSIZE THE INTERNAL REVENUE
SERVICE, NOT TO PROVIDE BETTER
SERVICES TO TAXPAYERS BUT TO
ACTUALLY GO AFTER TAXPAYERS.
WHEN YOU TAKE A LOOK AT 86,000
NEW IRS AGENTS, AUDITORS, THEY
DON’T NEED THAT MANY PEOPLE TO
TAKE A LOOK AT A COUPLE OF RICH
FOLKS.
THESE ARE COMING OF A FAMILIES,
FARMERS, SMALL BUSINESSES, ALL
OF THOSE FOLKS.
FOR THE DEMOCRATS TO SAY OH,
WE’RE GOING TO PUT 80 BILLION
INTO THAT SO WE CAN RAISE OVER
100 BILLION MORE OUT OF IT,
THEY’RE TALKING ABOUT THIS AS AN
INVESTMENT, I LOOK AT IT AS AN
ATTACK ON AMERICAN TAXPAYERS WHO
ARE JUST TRYING TO DO THE RIGHT
THING, LARRY.
LARRY: IT’S ALWAYS THE CASE,
IT’S ALWAYS THE CASE.
PEOPLE HATE THIS.
THEY WILL NOT GET THE YIELD THEY
THINK THEY ARE.
SENATOR, I KNOW IT IS ALWAYS
TRICKY BUSINESS WHAT ARE WE
HEARING FROM THE KRYSTEN SINEMA
CAMP?
>> WELL AS I SAID SHE HAS A
SPINE OF STEEL.
SHE IS TOUGH AS NAILS.
SHE IS NOT GOING TO EASILY BE
BENT.
I VISITED WITH HER EARLIER
TODAY.
SHE WILL MAKE HER OWN DECISIONS
AND ANNOUNCE IT AT HER OWN TIME.
SHE HAS BEEN OPPOSED TO THIS
PRIOR TO THIS.
I’M SURE THAT THE GOING TO BE
TREMENDOUS PRESSURE ON HER.
BUT WE’RE GOING TO FIND OUT AND
HEAR FROM HER.
I HOPE SHE HOLDS FIRM AND
DOESN’T AGREE TO THE THINGS WE
KNOW WILL HURT THE ECONOMY, HURT
WORKING MEN AND WOMEN OF OUR
NATION.
LARRY: I DON’T WANT TO PRY INTO
PRIVATE CONVERSATIONS.
I KNOW HOW IT WORKS UP THERE BUT
THERE IS AT LEAST A RUMOR, I
WILL CALL IT THAT SENATOR SINEMA
WOULD LIKE TO HAVE AN AMENDMENT
TO THIS THING, GETS RID OF THE
15% MINIMUM TAX BECAUSE SHE
UNDERSTANDS THAT THE DETRIMENTAL
EFFECT ON BUSINESS INVESTMENT
AND WORKING CLASS WAGES.
IS THERE ANY TRUTH TO THAT?
>> THERE ARE A LOT OF RUMORS
ABOUND.
WE’LL SEE WHAT HAPPENS IN ALL OF
THIS, BUT WHEN YOU TALK ABOUT
THESE TAXES, LARRY, I WANT TO
GET RID OF ALL THE THINGS
DEMOCRATS WANT TO PUT IN HERE.
ALL THE JOBS WE WERE ABLE TO
BRING BACK TO THE UNITED STATES
AS A RESULT OF OUR BILL IN 2017,
MY WORRY IS IT WILL PUSH THOSE
JOBS BACK OVERSEAS.
NATIONAL ASSOCIATION OF
MANUFACTURERS IS TALKING ABOUT
HUNDREDS OF THOUSANDS OF LOST
JOBS IN MANUFACTURING AND
PRODUCTION OF THINGS HERE AT
HOME.
THESE ARE ALL PROBLEMS THAT HURT
OUR ECONOMY AT THE WORST TIME TO
DO THIS.
WE’RE AT RECORD HIGH INFLATION.
AND THEY WANT TO RAISE TAXES AND
SPEND MORE MONEY.
AT THE SAME TIME WE’RE IN A
RECESSION.
WE CALL IT STAGFLATION.
THIS IS JUST A BAD APPROACH BY
THE DEMOCRATS AT A TIME WHEN THE
COUNTRY NEEDS RELIEF, NOT MORE
PRESSURE.
LARRY: ALL RIGHT.