UNION. DEMOCRATS ARE PROMISING A
FIGHT OVER PRESIDENT TRUMP'S
AGENDA. WHAT WILL THAT ACTUALLY
LOOK LIKE? HERE WITH ME NOW IS
DEMOCRATIC SENATOR CHRIS MURPHY
OF CONNECTICUT. THANK YOU FOR
BEING HERE, SIR. YOU JUST HEARD
MY CONVERSATION WITH THE WHITE
HOUSE BUDGET DIRECTOR, RUSS
VOUGHT, ABOUT THE PRESIDENT'S
TAX AND SPENDING BILL IN FRONT
SOMETHING YOU'RE GOING TO BE
DEALING WITH THIS COMING WEEK.
>> WELL, THIS REPUBLICAN.
>> BUDGET BILL IS AN ABSOLUTE
DISASTER FOR THE COUNTRY, IN
PARTICULAR FOR MIDDLE CLASS AND
POOR PEOPLE, BECAUSE IT KICKS.
>> PEOPLE, WORKING AMERICANS.
>> HEALTH CARE. AND FOR WHAT? IN
ORDER TO. FINANCE A TAX CUT, THE
MAJORITY OF WHICH IS GOING TO.
>> BILLIONAIRES, $1 TRILLION OF
THAT TAX CUT GOES TO THE RICHEST
1%. IT ALSO ADDS ENORMOUSLY TO
>> HEARD HIM TRY TO. CLAIM THAT
THAT'S NOT TRUE. IT'S JUST
GASLIGHTING THIS ADMINISTRATION
IS DOING. I MEAN, IT IS A FACT.
THE DIFFERENCE BETWEEN PASSING
THIS BILL AND NOT PASSING THIS
BILL IS THE ADDITION OF $3
TRILLION TO THE NATIONAL DEBT.
AND THAT'S NOT ME SAYING THAT.
AGENCIES THAT IMPACT OUR ENTIRE
ECONOMY. MOODY'S JUST DOWNGRADED
THE UNITED STATES CREDIT. THEY
DIDN'T DO THAT UNDER JOE BIDEN.
THEY DID THAT UNDER DONALD
TRUMP. BECAUSE THEY LOOK AT THIS
BILL, THEY LOOK AT THE ATTACK ON
DIMINUTION IN SPENDING POWER
THAT WILL COME WITH IT FOR THE
MIDDLE CLASS AND THE DEFICITS.
IMPLEMENTED, THIS BILL IS GOING
TO MAKE THE AMERICAN ECONOMY
MUCH WEAKER. SO THIS BILL IS
WHAT IT IS. IT IS JUST AN
TRUMP'S BILLIONAIRE CLASS. ALL
HIS MAR-A-LAGO FRIENDS, HIS
CORPORATE FRIENDS AT THE EXPENSE
OF ORDINARY AMERICANS. AND THEY
SHOULD JUST TELL THE TRUTH ABOUT
>> YOU MENTIONED MOODY'S BECAUSE
YOU MENTIONED THAT I DID WANT TO
ASK YOU MY UNDERSTANDING IS THAT
THE DOWNGRADE OF THE CREDIT
RATING IS ABOUT LONG TERM DEBT.
DEMOCRATS AND REPUBLICANS HAVE
>> WELL, BUT THEY'RE MAKING THAT
DETERMINATION NOW BECAUSE THEY
ARE LOOKING AT DONALD TRUMP'S
PLAN TO ADD THIS MASSIVE NEW
AMOUNT ONTO THE DEBT. AND LET'S
ALSO BE CLEAR THAT DURING THE
BIDEN ADMINISTRATION, HIS BIG
LEGISLATIVE ACHIEVEMENTS OUTSIDE
OF THE CONTEXT OF COVID RELIEF
ACTUALLY DECLINED THE DEFICIT,
WHETHER IT WAS THE INFLATION
INFRASTRUCTURE BILL, WHICH HAD
SIGNIFICANT NEW REVENUE IN IT AS
WELL. OVERALL, THOSE BILLS
REDUCED, NOT ADDED TO THE DEBT.
DETERMINATION NOW RATHER THAN
DURING THE BIDEN ADMINISTRATION,
BECAUSE THEY SEE THIS COMING
BILL AS ONE OF THE BIGGEST
ADDITIONS TO DEBT AND ONE OF THE
BIGGEST ATTACKS ON THE SORT OF
MIDDLE CLASS CONSUMER POWER IN
THIS COUNTRY. IN RECENT MEMORY.
>> SENATOR, THE YOUR COLLEAGUE
FROM IOWA, JONI ERNST, TOLD
VOTERS AT A TOWN HALL, QUOTE, WE
ARE ALL GOING TO DIE. THAT WAS
IN RESPONSE TO CONCERNS FROM
CONSTITUENTS ABOUT SOME OF WHAT
YOU'RE TALKING ABOUT, ABOUT
THESE CUTS TO MEDICAID. THEN SHE
KIND OF DOUBLED DOWN. SHE HAD A
BIT OF A SARCASTIC APOLOGY.
ASSUMPTION THAT EVERYONE IN THE
AUDITORIUM UNDERSTOOD THAT, YES,
WE ARE ALL GOING TO PERISH FROM
THIS EARTH. SO I APOLOGIZE, AND
I'M REALLY, REALLY GLAD THAT I
DID NOT HAVE TO BRING UP THE
SUBJECT OF THE TOOTH FAIRY AS
>> YEAH, I MEAN, JONI'S A
COLLEAGUE, SOMEBODY I'VE WORKED
WITH, BUT IT DOES TELL YOU A LOT
EVERYBODY IN THAT AUDIENCE KNOWS
THAT THEY'RE GOING TO DIE. THEY
WOULD JUST RATHER DIE IN OLD AGE
AT 85 OR 90, INSTEAD OF DYING AT
40. AND THE REALITY IS THAT WHEN
YOU LOSE YOUR HEALTH CARE, YOU
ARE MUCH MORE AT RISK OF EARLY
DEATH. AND WHEN RURAL HOSPITALS
CLOSE BECAUSE OF THIS BILL, WHEN
DRUG TREATMENT CLINICS CLOSE IN
IOWA AND RURAL AMERICA, BECAUSE
OF THIS BILL, MORE PEOPLE WILL
DIE AT A YOUNGER AGE. SO THE
REALITY IS THIS BILL IS ABOUT
LIFE AND DEATH. AND FOR WHAT? I
MEAN, I GUESS THAT'S THE PROBLEM
HERE FOR MANY OF US IS THAT
THEY'RE CUTTING MEDICAID,
THROWING 15 MILLION PEOPLE OFF
THEIR HEALTH CARE IN ORDER TO
FUND A TAX CUT FOR THE SUPER
WEALTHY AND FOR CORPORATIONS.
THAT IS JUST FUNDAMENTALLY
IMMORAL. IT'S IMMORAL AND IT'S
UNETHICAL. I DON'T UNDERSTAND
WHY THEY'RE DOING IT, EXCEPT
THAT DONALD TRUMP ONLY REALLY
KNOWS BILLIONAIRES. HE ONLY
KNOWS CORPORATE CEOS. AND SO HIS
INSTRUCTIONS TO REPUBLICANS ARE
REWARD THEM, HELP THEM AND NO
ONE ELSE. I WISH JONI AND OTHERS
SAW THE IMMORALITY OF WHAT
DIFFERENT TOPIC ABOUT THE
PRESIDENT AND THE FACT THAT HE
HOSTED A PRIVATE DINNER FOR TOP
INVESTORS OF HIS CRYPTOCURRENCY
LAST MONTH. I KNOW YOU'VE BEEN
PRESIDENT'S USE OF HIS MEME
COIN, CALLING IT CORRUPTION ON
STEROIDS AND MORE. BUT I WANT TO
TALK ABOUT THE CONSEQUENCE OF OF
CONGRESS REALLY NOT LEGISLATING
REGULATIONS ABOUT THIS CRYPTO
AND SO MANY OTHER ISSUES. IS
THERE SOME I'M NOT SAYING THAT
CONGRESS IS CULPABLE FOR WHAT
THE PRESIDENT IS DOING, BUT ON
ISSUES LIKE THIS, DOES THERE
>> ABSOLUTELY. AND WE HAVE A
CHANCE RIGHT NOW IN THE UNITED
STATES SENATE TO STOP THE
PRESIDENT'S CORRUPTION. NOT
COINCIDENTALLY, WE ARE DEBATING
IN THE SENATE A BILL TO REGULATE
CRYPTOCURRENCY. IN FACT, ONE OF
THE VERY CRYPTOCURRENCIES THAT
DONALD TRUMP IS ISSUING AS PART
OF HIS CORRUPTION SCHEME. THE
PROBLEM IS THE EXISTING VERSION
PRESIDENT FROM THE ETHICS
REQUIREMENTS. IT SAYS THAT IT'S
UNETHICAL FOR ME TO ISSUE OR
MARKET A STABLECOIN, BUT IT'S
OKAY FOR THE PRESIDENT TO DO IT.
DEMOCRAT SHOULD VOTE FOR. WE
HAVE A CHANCE TO DEMAND TO AMEND
THAT BILL BEFORE FINAL PASSAGE,
TO MAKE SURE THAT THE PRESIDENT
IS TREATED JUST LIKE EVERY OTHER
MEMBER OF CONGRESS, JUST LIKE
EVERY OTHER MEMBER OF HIS
ADMINISTRATION. SO YES, IF
CONGRESS PASSES A BILL IN THE
NEXT FEW WEEKS THAT EXEMPTS THE
PRESIDENT OF THE UNITED STATES
FROM THE ETHICS REQUIREMENTS
CRYPTOCURRENCY, THEN YES, WE
WILL HAVE NO ONE TO BLAME BUT
OURSELVES FOR THIS. AT LEAST
CORRUPTION. SO WE HAVE A CHANCE
TO GET THIS RIGHT IN THE UNITED
STATES SENATE THIS COMING WEEK.
AND I HOPE THE DEMOCRATS AND
REPUBLICANS CAN STAND UP AND SAY
IT'S JUST NOT RIGHT FOR THE
PRESIDENT TO ESSENTIALLY BE
ASKING FOR PEOPLE, INCLUDING
FOREIGNERS, TO PUT MONEY IN HIS
POCKET IN ORDER TO GET THEM
ACCESS TO THE WHITE HOUSE.
THAT'S THAT IS NOT OKAY FOR A
MEMBER OF CONGRESS, FOR A MAYOR.
IT'S NOT OKAY FOR A PRESIDENT.
