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Trump & GOP WIN YUGE w Big Beautiful Bill Passage · The Ben Ferguson Podcast

0:01
Speaker 1: Happy fourth of July. Wee can.
0:03
Speaker 2: I hope you had a fabulous time celebrating America with
0:06
Speaker 2: your family and your friends. And to all of those
0:10
Speaker 2: that protect and defend this country wearing a badge, whether
0:12
Speaker 2: it's here locally in your community, or wearing a uniform
0:17
Speaker 2: around the world. If you are a veteran, if you've
0:19
Speaker 2: served this country a first responder, God bless you, Thank
0:23
Speaker 2: you for what you do, and I hope you've had
0:25
Speaker 2: a just incredible weekend celebrating America. I was planning on
0:30
Speaker 2: being on family vacation and just taking some time off
0:34
Speaker 2: for the next week, but with so many things happening
0:37
Speaker 2: in the world, we're deciding we're not going to be
0:39
Speaker 2: doing that. So what we're going to be doing instead
0:42
Speaker 2: is I'm going to be doing a hybrid with this
0:43
Speaker 2: show and the forty seven Morning Update. It's that show
0:46
Speaker 2: that I do every morning that's about ten to twelve
0:49
Speaker 2: minutes long, three biggest stories of the day coming out
0:52
Speaker 2: of the White House or that affect the White House.
0:54
Speaker 2: So for the next few days, that is what you're
0:57
Speaker 2: going to be hearing here, and I just want to
0:58
Speaker 2: make sure that you knew that on the front end.
1:01
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Speaker 1: To two Patriot.
3:20
Speaker 2: This is the forty seven Morning Update, the new show
3:23
Speaker 2: I do hit subscribe auto download to it as well,
3:25
Speaker 2: and yeah, take a listen to the big stories of
3:27
Speaker 2: the day.
3:28
Speaker 1: It just shows you.
3:29
Speaker 3: When you can get every story, one hundred percent of
3:32
Speaker 3: the stories, no matter what you do.
3:33
Speaker 1: That's good. They make it as bad as possible. But
3:35
Speaker 1: the fake news hit me with eggs.
3:37
Speaker 4: Remember the first week, four days, eggs through the roof.
3:40
Speaker 5: I said, I just got here.
3:41
Speaker 1: What's going on with eggs?
3:42
Speaker 2: Tell me I didn't hear about it.
3:44
Speaker 6: You're listening to the forty seven Morning Update with Ben Ferguson.
3:48
Speaker 2: Happy for the July so nice to have you with
3:51
Speaker 2: us on the forty seven Morning Update, and we've got
3:54
Speaker 2: exciting news, including the fact that at five o'clock Donald
3:58
Speaker 2: Trump is gonna sign the Big Beautiful Bill in the law.
4:02
Speaker 2: We also are going to cover another big story, and
4:05
Speaker 2: that is how everyone got it wrong with the jobs
4:08
Speaker 2: numbers that show a major resurgence in our economy. It's
4:12
Speaker 2: the forty seven Morning Update and it starts right now.
4:15
Speaker 1: Story number one.
4:16
Speaker 2: Congratulations America, you just got the biggest tax deduction of
4:23
Speaker 2: your lifetime. After Congress sent Donald Trump the Big Beautiful
4:28
Speaker 2: Bill to his desk after a dramatic all night House
4:32
Speaker 2: vote if you missed it because it.
4:34
Speaker 1: Was an all nighter.
4:35
Speaker 2: This is what it sounded like when Speaker Johnson walked
4:39
Speaker 2: up to the best job there is in Washington right now,
4:43
Speaker 2: that job of him being in charge of passing the
4:45
Speaker 2: big beautiful bill in the House. And here is what
4:48
Speaker 2: he said and listened to the reaction in the room
4:51
Speaker 2: on the four of the House.
4:53
Speaker 1: Hey, so he had to impose a deadline.
4:56
Speaker 5: It just happened to coincide with our two hundred and
4:59
Speaker 5: forty ninth birthday to eighteen the Theser two fourteen. The
5:04
Speaker 5: motion is adopted without objection. The motion to reconsider is
5:25
Speaker 5: laid on the table.
5:26
Speaker 2: There it is the House passing the big beautiful bill,
5:29
Speaker 2: chanting ussay, ussay, ussay. Now, don't get too excited. Only
5:36
Speaker 2: half the room was chanting at ussay. The other side
5:39
Speaker 2: of the room was angry. That would be your socialist,
5:41
Speaker 2: communists and Marxist masquerading as the Democratic Party. And it
5:45
Speaker 2: didn't take long to hear exactly what the President's plans were.
5:49
Speaker 2: After the Republicans delivered, the President said, I'm signing this sucker.
5:54
Speaker 2: Friday afternoon at the White House five o'clock Eastern Yes,
5:59
Speaker 2: and effort to delay Thursday's vote. The Majority leader, by
6:03
Speaker 2: the way, didn't want there to be a fourth of
6:05
Speaker 2: July celebration. Hakim Jeffries, that democrat from New York, spoke
6:09
Speaker 2: for eight hours and forty four minutes, breaking a record
6:13
Speaker 2: for the longest House floor speech. Jeffrey decried what he said,
6:17
Speaker 2: we're terrible cuts to things like Medicaid and yes, we
6:21
Speaker 2: did cut of legal immigrants from abusing the program. He
6:24
Speaker 2: also said this was the worst legislation and it was
6:27
Speaker 2: a quote crime scene from the floor of the House. Meanwhile,
6:32
Speaker 2: Donald Trump went to Iowa to showcase next year's celebration
6:36
Speaker 2: of the nation's two hundred and fiftieth birthday. So there's
6:40
Speaker 2: two different Americas right now, the one where democrats hate
6:44
Speaker 2: you getting more of your money, and there are others
6:47
Speaker 2: on the other side that are celebrating the largest tax
6:50
Speaker 2: break the American population in my lifetime.
6:54
Speaker 1: Has ever seen.
6:55
Speaker 2: The present making it clear that it is his job
6:58
Speaker 2: to do whatever it takes to get our economy rolling again.
7:02
Speaker 2: And when the Republicans had their press conference and the
7:05
Speaker 2: Leader of the House, the Speaker, came to the podium.
7:08
Speaker 1: Here's what he had to say.
7:10
Speaker 5: This is the vote tally card. We're gonna frame this one,
7:13
Speaker 5: okay to eighteen two fourteen. Listen, I'm not going to
7:16
Speaker 5: give you a long speech. A lot has been said today,
7:18
Speaker 5: and these people are exhausted. A couple of us quite
7:21
Speaker 5: literally haven't slept in two days. So I'm a danger
7:23
Speaker 5: to myself and others right now. I'm not gonna I'm
7:25
Speaker 5: not gonna speak off the cup. I'll just say this.
7:27
Speaker 5: I mean, many of you have asked me this question
7:29
Speaker 5: in the hall of the last couple of days. But
7:31
Speaker 5: when it looked like that we might actually deliver this thing,
7:33
Speaker 5: particularly this morning, how did you know? I mean, what
7:36
Speaker 5: what kept you going? Why did you did? Why did
7:39
Speaker 5: you think this was possible? You guys made an audacious plan.
7:43
Speaker 5: You brought the most comprehensive, complicated piece of legislation, probably
7:47
Speaker 5: arguably in the top two or three in the history
7:49
Speaker 5: of the Congress, with the smallest margin in US history,
7:52
Speaker 5: which we had for big chunk of the first hundred days.
7:54
Speaker 5: And you put this audacious timeline. You said you're going
7:56
Speaker 5: to pass it out of the House by Memorial Day.
7:58
Speaker 5: I mean, some of you openly laugh, did me when
8:00
Speaker 5: I said that back in early February, and then we
8:02
Speaker 5: said we would get it done by July fourth. We
8:04
Speaker 5: beat Memorial Day by four days, and we got this
8:06
Speaker 5: one done a day early. I just want to point out, Okay,
8:11
Speaker 5: I schedule and under wage. So the question was, I mean, like,
8:19
Speaker 5: why why did you do that? Why did you think
8:20
Speaker 5: that was possible? Because it just it sums up somebod
8:23
Speaker 5: up with one word. It's belief. Okay.
8:26
Speaker 1: We had a vision for what we wanted to do
8:28
Speaker 1: as a group.
8:28
Speaker 5: We believed in the election cycle last fall that we
8:32
Speaker 5: were going to be given this great blessing of unified government,
8:34
Speaker 5: that we would have the White House and the Senate
8:36
Speaker 5: and the House aligned and alignment unified government. And we
8:38
Speaker 5: did not want to waste that opportunity because we understand
8:41
Speaker 5: the history that that comes along with it, the opportunity
8:43
Speaker 5: that we can do for the country, and we believe
8:46
Speaker 5: that we would have that chance. And then I believe
8:47
Speaker 5: in the people that are standing here behind me. I
8:49
Speaker 5: believe in this group, every single one of them individually.
8:52
Speaker 5: Some of them are more fun to deal with than others,
8:54
Speaker 5: you know. I mean that with the greatest level of respect.
8:59
Speaker 5: I love every single one of my colleagues, you know,
9:02
Speaker 5: even the ones I gotta spend the more time with, right,
9:04
Speaker 5: because everybody's here, their motive is right, their heart is right.
9:07
Speaker 5: They're trying to do right for their constituents. They're trying
9:09
Speaker 5: to serve the greatest nation in the history of the
9:11
Speaker 5: world that we're going to celebrate tomorrow. We don't take
9:13
Speaker 5: that lightly. I know their hearts, and I know what
9:15
Speaker 5: their skill sets are, and I know what they bring
9:16
Speaker 5: to the table, and I get up every day excited
9:19
Speaker 5: because I know that each of them are going to
9:21
Speaker 5: bring that to the table, and they're going to serve
9:23
Speaker 5: their constituents. You could not have a greater group of
9:26
Speaker 5: public servants. And the people stand in this room right here,
9:29
Speaker 5: they will give their all for this country. And man,
9:31
Speaker 5: that's what the Framers intended when they put this thing
9:33
Speaker 5: together two hundred and forty nine years ago. This is
9:36
Speaker 5: what it was about.
9:36
Speaker 1: So I believe.
9:37
Speaker 5: I believed in this vision. I believed in the group.
9:40
Speaker 1: I believe in America. I believe we have the RAI stations.
9:51
Speaker 5: I'm gonna say this very simply, and everybody here would
9:54
Speaker 5: articulate it in their own way. We had a tough
9:55
Speaker 5: four years Before this last election cycle, America was in
9:58
Speaker 5: We're in deep trouble, and we knew that if we won,
10:01
Speaker 5: and we believed we would, we knew that if we
10:03
Speaker 5: got unified government, we'd have to quite literally fix every
10:06
Speaker 5: area of public policy. Everything was an absolute disaster under
10:10
Speaker 5: the Biden Harris radical woke, progressive Democrat regime. And we
10:15
Speaker 5: took the best effort that we could in one big,
10:18
Speaker 5: beautiful bill to fix as much of it as we could.
10:20
Speaker 5: And I am so grateful to God that we got
10:23
Speaker 5: that done as we did because of the dedication. Yeah, lastly,
10:32
Speaker 5: it's no secret I do believe in God. I believe
10:35
Speaker 5: in that motto that I've referenced in the fore speech
10:38
Speaker 5: of a while ago. I believe that that is what
10:40
Speaker 5: has made our nation the greatest in the history of
10:42
Speaker 5: the world. And some people shake their heads and they
10:44
Speaker 5: think that's old fashioned or something that is a fact.
10:46
Speaker 5: When the Framers put this together, they stepped out in faith.
10:49
Speaker 5: They did something that no nation had ever done before.
10:52
Speaker 5: The great statesman philosopher G. K. Chesterson, a great Britain
10:55
Speaker 5: set America is the only nation in the world it
10:57
Speaker 5: was founded upon a creed, and he said it's list
11:00
Speaker 5: with almost theological lucidity or clarity. In the nation's birth certificate,
11:03
Speaker 5: the Declaration of Independence, we all these trees to be
11:05
Speaker 5: self but evident that we recognize, we boldly proclaim the
11:09
Speaker 5: self evident truth that our rights do not come from
11:11
Speaker 5: the government. They come from God himself. He's the one
11:14
Speaker 5: that gave us our rights. Let's go it, Abraham Lincoln
11:22
Speaker 5: said in the Gettysburg Address, we are dedicated to this proposition,
11:25
Speaker 5: to one nation under God, a government of the people,
11:28
Speaker 5: by the people, for the people, shall not perish from
11:30
Speaker 5: the earth. This is an experiment. It's only two hundred
11:32
Speaker 5: and forty nine years. Oh that's not a long span
11:35
Speaker 5: of time in human history. It's just a real blip
11:38
Speaker 5: on the whole scale of human history. It is up
11:40
Speaker 5: to us to save it. It's up to the duly
11:42
Speaker 5: elected representatives of the people to come here and represent
11:45
Speaker 5: and it's up to every single one of us, of
11:48
Speaker 5: the people, by the people, for.
11:49
Speaker 1: The people, all of us.
11:50
Speaker 5: So you've got to be engaged, and we got to
11:52
Speaker 5: pass this along in the next generation. Reagan reminded us
11:54
Speaker 5: freedom's not inherited in the bloodstream.
11:56
Speaker 1: It's got to be protected. It's got to be bought for.
11:58
Speaker 5: It's got to be taught to the generation so that
12:01
Speaker 5: they will have the same liberty, opportunity, and security that
12:03
Speaker 5: we have all known and too often ticket for granted.
12:05
Speaker 5: So I just want to say, we're going to get
12:06
Speaker 5: to the main event here. We're about to sign this
12:08
Speaker 5: bill and get it over to the White House.
12:10
Speaker 2: Okay, Speaker Johnson, making it clear that the Republican Party,
12:17
Speaker 2: as slim as the majority is in the House, is
12:19
Speaker 2: working together to deliver on all of these important issues.
12:23
Speaker 2: As for the President of United States of America, he
12:25
Speaker 2: couldn't be happier to deliver to the American people on
12:28
Speaker 2: the fourth of July a massive bill that protects families
12:33
Speaker 2: and allows you to keep more of your money in
12:36
Speaker 2: your own pocket. Now, story number two, it's amazing what
12:39
Speaker 2: happens when you get a real president in the White House.
12:43
Speaker 2: With President Donald Trump in office, the US economy is
12:46
Speaker 2: continuing to revitalize and grow. It's no longer the fake
12:51
Speaker 2: numbers that we know we're given out by Joe Biden,
12:55
Speaker 2: where they just lied and made up hundreds of thousands
12:58
Speaker 2: of jobs that never existed. Yeah, we found out that
13:01
Speaker 2: they created nearly a million jobs it didn't exist, just
13:04
Speaker 2: to try to get them re elected. Remember when they
13:07
Speaker 2: were talking about the build back better days, Yeah, and
13:11
Speaker 2: bid nomics. Well it was a disaster, but under Donald Trump.
13:15
Speaker 2: The June job report showed another massive win for the
13:19
Speaker 2: American people. It's once again exceeding expectations big time. Now,
13:26
Speaker 2: the best part of all with all of this news
13:28
Speaker 2: is how the media is having to deal with it.
13:31
Speaker 2: Fox News dealt with it the appropriate way by giving
13:34
Speaker 2: you good news. In fact, they made it pretty short,
13:37
Speaker 2: just twenty six seconds when the numbers came out about
13:40
Speaker 2: job growth.
13:41
Speaker 1: Take a listen, it's a.
13:43
Speaker 7: Fox News alert. The June jobs report just released and
13:46
Speaker 7: it shows the US added one hundred and forty seven
13:48
Speaker 7: thousand jobs last month. That is stronger than expected. Revisions
13:53
Speaker 7: to April and May reports also show sixteen thousand more
13:57
Speaker 7: jobs created than previously reported, the unemployment rate unexpectedly falling
14:02
Speaker 7: to four point one percent.
14:04
Speaker 8: So a strong report.
14:05
Speaker 7: Guys, that's good news heading into this holiday weekend.
14:08
Speaker 2: Good news right heading into the weekend. Great way of
14:11
Speaker 2: putting it. But what did they actually say at other
14:13
Speaker 2: networks when they had to deal with the reality that
14:16
Speaker 2: US job growth continued at a steady pace last month,
14:20
Speaker 2: surprising many of the doom and gloom economists right that
14:23
Speaker 2: it actually predicted rooting against America and the president a
14:27
Speaker 2: slow down in hiring amid what they said was well
14:30
Speaker 2: Donald Trump's insane trade war and his fiscal policy.
14:35
Speaker 1: Well, here's how CNN had to report it to you.
14:38
Speaker 1: Enjoy it. You expected some of this, but this is
14:42
Speaker 1: better than expected, Yeah, Sarah, it is.
14:44
Speaker 4: Look, this jobs market is like the energizer bunny. Every
14:47
Speaker 4: single time we expected to run out of esteem, it
14:50
Speaker 4: just keeps going and going. So these new numbers of
14:53
Speaker 4: the US economy added one hundred and forty seven thousand
14:56
Speaker 4: jobs in June. That was well ahead of the expectation
14:59
Speaker 4: of a about one hundred and eighteen thousand, well ahead
15:02
Speaker 4: of some whispers that we heard on Wall Street of
15:04
Speaker 4: a sub one hundred thousand number. So this is indeed
15:07
Speaker 4: beating expectations. We were also expecting a slowdown, we did
15:11
Speaker 4: not get that. This is basically in line with May,
15:14
Speaker 4: which was revised higher.
15:16
Speaker 1: It's also good news.
15:16
Speaker 4: The unemployment rate was expected to go up.
15:19
Speaker 1: It didn't.
15:20
Speaker 4: It went down to four point one percent. That is
15:23
Speaker 4: a very healthy number. This is still relatively historically low.
15:28
Speaker 4: And again it's below the four point three percent that
15:31
Speaker 4: we had expected.
15:32
Speaker 1: You just got to laugh.
15:33
Speaker 2: Even CNN, in their own words, says there quote, we
15:36
Speaker 2: were expecting a slow down.
15:37
Speaker 1: We did not get that.
15:39
Speaker 2: These numbers are what we got without passing the big
15:45
Speaker 2: beautiful bill.
15:46
Speaker 1: So what does that mean? You could expect the numbers
15:48
Speaker 1: to get even better.
15:49
Speaker 4: Now.
15:50
Speaker 2: CNN's John Bergman was paining to tell his audience the
15:53
Speaker 2: predictions of the job losses right, which means people are
15:56
Speaker 2: actually out of work. That's terrible for families, and due
16:00
Speaker 2: to terror policy, Well, they were wrong. Here's how he
16:03
Speaker 2: described it again.
16:05
Speaker 3: Since you know, March and before, there were predictions that
16:08
Speaker 3: the terroriffs, granted a lot of them have been pulled back,
16:11
Speaker 3: most of them pulled back. But all that terrorff policy
16:15
Speaker 3: was going to lead, perhaps to inflation, would lead to
16:17
Speaker 3: job losses, predictions of doom.
16:20
Speaker 1: That doom just hasn't happened yet. It hasn't happened.
16:22
Speaker 8: And you know, John, I've been doing a lot of
16:24
Speaker 8: reporting on this topic, and what I'm hearing is that
16:27
Speaker 8: for the last few years, really since COVID, but even before,
16:30
Speaker 8: companies have realized that their supply chains can be interrupted
16:34
Speaker 8: for lots of reasons, for a virus, for a geopolitical event,
16:38
Speaker 8: for a war, for a climate event. And so they've
16:40
Speaker 8: been using technology to really streamline things. They've been getting
16:44
Speaker 8: their systems in place, and there's just a lot more
16:47
Speaker 8: efficiency in the system now. In some ways, I think
16:51
Speaker 8: this is a triumph of business and how business has
16:54
Speaker 8: been optimizing.
16:55
Speaker 1: Now.
16:55
Speaker 8: That said, when we think about who's going to do
16:58
Speaker 8: well in this period, it's going to be big businesses.
17:00
Speaker 8: I am hearing that there's more pressure on small and
17:03
Speaker 8: mid sized businesses that will be far less able to
17:05
Speaker 8: cope with whatever tariff inflationary impact we do see. That
17:09
Speaker 8: concerns me because small and mid sized businesses are what
17:12
Speaker 8: fuels a lot of communities around the country. If you
17:15
Speaker 8: see them going under because they can't take even a
17:18
Speaker 8: little bit of tariff pressure that could.
17:20
Speaker 5: Have a job's impact.
17:21
Speaker 8: So again, optimistic right now, but it's you know, there
17:25
Speaker 8: are some issues on the horizon.
17:26
Speaker 1: Still, don't worry.
17:27
Speaker 2: We still have your doom and gloom for you that
17:29
Speaker 2: you know it could be just around the corner. Even
17:32
Speaker 2: though we got this one completely wrong. You gotta wonder
17:36
Speaker 2: how much they really hate America when this is the
17:38
Speaker 2: type of commentary you get.
17:40
Speaker 1: I mean this type of commentary. It's truly incredible.
17:43
Speaker 2: You hear it, and they're really not happy that more
17:46
Speaker 2: Americans are at work now than we've seen in a
17:48
Speaker 2: long time.
17:49
Speaker 1: Don't worry.
17:50
Speaker 2: We've got President Donald Trump in the White House, Republicans
17:53
Speaker 2: in charge in the Senate and the House, and that
17:56
Speaker 2: should make everyone happy.
17:58
Speaker 6: Thank you for listening to the forty seven More Update
18:00
Speaker 6: with Ben Ferguson. Please make sure you hit subscribe wherever
18:05
Speaker 6: you're listening to this podcast right now and for more
18:08
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