Jul 3, 2025
Republicans Pass Trump's DEVASTATING Megabill
All House Republicans except for two voted to pass President Trump's "One Big, Beautiful Bill."
- 27 minutes
Now you all know
that Donald Trump is a giant liar.
Never meant it was a fake populist.
Rob from the poor to give to the rich.
And that in this case,
it is the most literal thing in the world,
not 1% hyperbolic.
As more and more wealth gets redistributed
from the bottom to the very tippy top,
[00:00:17]
I guarantee you there is going to be
a mass movement that these affluent people
who think they're going to get away
with everything are not going to like.
Here we go.
On this vote, the yeas are 218,
the nays are 214.
The motion is adopted.
[00:00:39]
USA, USA, USA, USA, USA, USA, USA, USA.
Well, you just heard the heard
the chants of the puppets
for the robber barons of this country.
[00:00:56]
Because the house has now narrowly
passed Trump's domestic agenda,
which extends massive tax cuts
for the rich and largely benefits the most
affluent people in America while gutting
our social safety net programs.
[00:01:11]
What a big win.
Well, for the robber barons, of course.
Now let's take a look at the vote where it
did pass in the House. 218 to 214.
All Democrats voted no.
However, two Republican Congressman
Thomas Massie of Kentucky and Brian
[00:01:26]
Fitzpatrick of Pennsylvania voted no.
Now, Massie is worried about the cost
of the bill, and he's actually sincere
about it, as opposed to Elon Musk.
And Fitzpatrick actually won
in a battleground district.
And so he's concerned that the gutting
of the social safety net
[00:01:44]
is going to have some serious
political ramifications for him.
And I think that he's correct.
I think a lot of the Republicans
who voted in favor of this bill
will have their own reckoning to deal with
once elections come around.
But Representative Alexandria
Ocasio-Cortez, in my opinion,
[00:01:59]
explains exactly what I'm feeling
about the passage of this bill.
Let's take a quick look.
I think this is one of the saddest days
in modern American history.
This is the largest.
[00:02:15]
This is the largest withdrawal and ending
of health care in American history.
17 million people in our country,
17 million Americans in our country
are going to lose their Medicaid.
They're going to lose their ACA insurance.
[00:02:33]
Small business owners are going
to have their health care costs skyrocket,
and people are going to have
their snap and cut back.
People are going to go hungry.
They're going to get sick.
[00:02:49]
She's absolutely right about that.
And we're going to get into some of the
more granular details in just a minute.
But the, so-called fiscal conservatives,
of which there are approximately one.
And that was Thomas Massie, who voted no.
The rest who claim to be fiscal
conservatives, the individuals who railed
[00:03:05]
against most of this bill.
They were the vocal individuals
in the Republican Party who said, no,
I'm not going to vote in favor of this.
It's going to add to our debt and deficit.
They all caved. They all voted yes.
Again, Thomas Massie.
And you know, Fitch Fitzpatrick
are the only two Republicans who voted no.
[00:03:22]
- Jake.
- Yeah.
So we're going to show you why this bill
is deeply unpopular in a minute and give
you the numbers on Medicaid and why?
I think that the Republicans just,
you know, cost themselves probably 6
million votes, which is pretty critical.
[00:03:39]
So we'll explain all that in a second.
But actually, before I explain all the
different, parts that are obnoxious here,
I want to go to Donald Trump
quotes graphics 12 and 13. First,
because I remember somebody saying
something pretty clearly, here's Trump,
[00:03:56]
saying we're not cutting Medicaid,
we're not cutting Medicare,
we're not cutting Social Security.
Okay, so that seemed pretty clear, right?
And then somebody asked him a question.
Another time they said, well,
are you going to cut Medicaid?
And he said, I've said it so many times,
you shouldn't be asking me that question.
[00:04:13]
We're not going to touch it.
Okay.
So now you all know
that Donald Trump is a giant liar.
Never meant it was a fake populist.
Rob from the poor to give to the rich
and that in this case,
it is the most literal thing in the world.
Not 1% hyperbolic.
Took about $1 trillion from Medicaid.
[00:04:32]
At a bare minimum,
she mentioned 17 million.
That's a larger number when you take Snap
and other things into account.
But just from Medicaid, 11.8 million
people will lose their health insurance.
Verified 100%.
Okay, so 12 million people lose $1
[00:04:49]
trillion in coverage, and the people
making above $500,000 get $1.1 trillion.
So they literally took from the poorest
people who can't afford insurance
or anything else, and they gave it
to the richest people in the country.
Did the richest people in this country
really need an extra trillion dollars
[00:05:06]
from the poorest people in this country?
It's never enough.
It's never enough, never enough for them.
Never, never.
- And it makes me sick.
- Yeah.
And look, Anna, as you know, there's some
decent nuggets in this bill that the
Democrats should have put in their bills.
Child tax credit.
[00:05:24]
I mean, Biden foolishly ended that
after one year, and it cost him more
in his polling than anything else.
And this is the why, you know,
is this going to affect people?
The elections in 26 or 28, to me is the
real question, because child tax credits
[00:05:39]
in their taxes and eliminating tax on tips
and overtime is in there.
But it's temporary.
The timing of the cuts
is delayed a little bit, so people might
not feel it enough in 26, but by 28
it is going to be an epic disaster.
And Jake,
I want to be clear about something.
[00:05:55]
Okay.
I think the child tax credit
is a good provision.
I'm glad that we have a child tax credit,
but I don't want anyone to,
be under any impression that this bill has
a robust increase to the child tax credit.
[00:06:12]
It does not.
It takes the child tax credit,
which is about $2,000 per eligible child,
to 2200.
So please spare me all.
But there's some good stuff in here
for working class Americans.
[00:06:28]
No there isn't.
Okay, sure, there's a little bit of a tax
deduction when it comes to no tax on tips.
No tax on overtime. It's means tested.
It expires in four years.
The tax cuts for the rich though,
those massive tax cuts for corporations,
that's all permanent.
Yeah okay.
[00:06:44]
But the crumbs the crumbs
that working class Americans get
oh that's going to expire.
There's all sorts
of little loopholes to it.
It makes me sick. This whole thing.
Don't ever let anyone tell you
that this bill is actually going
[00:06:59]
to bolster the economic situation
of working class Americans.
It is not.
So that's an excellent clarification.
And all of that is true.
My point is that those crumbs
come before the 26 election,
but they run out by the 28 election.
Right.
[00:07:14]
So this is a rough, you know,
assessment of the timing.
It's a little bit more complicated
than that because things go in and out
in different times.
But my point is that as disastrous as
this is, the American people
might not fully realize
the disaster before the 26 elections.
[00:07:30]
They might, you know,
it depends on how quickly they get hit
and which category they're in.
But by 28, they'll be no hiding it.
And and by 32, I don't know, 32. So
anyway, let's not talk about it, but 28.
It's going to explode on the Republican.
Look, Anna, last thing on. Who cares?
[00:07:46]
Who cares? Jake.
Hold on. No no no no, hold on.
- Let's talk about the political right.
- We'll talk about usually.
Find, which I usually find deeply boring.
Okay. The horse race politics.
But let's let's actually
focus on that for a minute.
Okay.
So, there will be political ramifications
for Republicans
[00:08:02]
who voted in favor of this bill.
I have no doubt about that. And then what?
Oh, it creates a great opportunity
for these loser Democrats to get elected.
Yeah.
- So that's exactly.
- What I was going to.
Do for us.
Okay. Go ahead.
Yeah, that's what I was going to get to.
Anna.
[00:08:17]
So the Democrats
didn't deliver on anything.
Now this. Yeah.
This bill even took out any of the Green
New Deal stuff that Biden had passed.
So leaving Biden's agenda
like it had no progressive victories.
Now, any progressive victory that was
in Biden's agenda has now been wiped out.
[00:08:35]
So FDR 2.0 was total horse crap,
100% horse crap.
They lied to you.
But the thing is,
voters already know that.
That's why the Democratic Party
had the chickens come home to roost.
They keep telling you
that they're going to pass bills and they
never, ever, ever, ever, ever pass them.
[00:08:52]
So the American people are like,
God damn these Democrats.
And they threw them out
on the street, right?
So now the Republicans come in and go,
oh, we're the populists.
We're going to help the average American.
And then what do they do?
They do what Republicans always do.
They rob you and give it
to the richest people in the country.
So now those chickens are going to come
home to roost, and soon everybody in the
[00:09:11]
country will be as black pilled as Anna.
Yeah.
I can't believe people
aren't there already, I just.
I think that we are barreling toward a I
mean, look, at some point
[00:09:27]
ordinary people in this country are going
to wake up and say, I've had enough.
And if people are freaked out over someone
like Zoran Mamdani getting elected
as the next mayor of New York City,
that's just the tip of the iceberg.
[00:09:43]
Homeboys and homegirls.
Okay, there are going to be people calling
for a full blown revolution
in this country
as more and more wealth gets redistributed
from the bottom to the very tippy top.
I guarantee you, there is going to be
a mass movement that these affluent people
[00:10:00]
who think they're going to get away
with everything are not going to like.
And I'd like to avoid
that type of situation.
But you know what?
They have no interest
in reforming this broken system.
Our Congress is totally useless.
We're talking about literally hundreds
of people elected into positions of power
[00:10:18]
who have the best health insurance
provided to them by the American taxpayer,
literally chipping away, chipping away
and gutting our social safety net,
essentially stealing from the poor
to give to the rich.
I mean, how does that not
radicalize people in this country?
[00:10:35]
Of course it does. Of course it does.
People are sick
of our degraded living standards.
People are sick of working longer hours,
working harder and getting less for it.
I mean, it's just pathetic.
And as we're having our Medicaid gutted.
[00:10:52]
Food stamps gutted.
There's no debate about spending tens of
billions of dollars on a freaking genocide
that Israel is carrying out in Gaza.
That's what's really going on here.
And if you're not angry about it,
there's something wrong with you.
Yeah.
Guys, look, one quick thing here,
and then I want to get to the back
[00:11:08]
to the essence of the bill.
Look.
Now, later in the program, we'll do
a story about AI and how it could wipe out
anywhere from 10 to 50% of new jobs.
So there's also going to be
massive unemployment coming soon.
Things are headed in a very bad direction.
And when that happens,
people are going to get blamed.
[00:11:25]
Capitalism first. Let's keep it real.
That's going to be one
of the things that happens.
So people are going to be surprised
at the severity of the reactions
that happen going forward.
But overall here, we had, MSNBC
telling you, oh, the Democrats are great
and Joe Biden's 2.0.
[00:11:43]
And then now you got Fox News and all
right wing media telling you how great
Trump and MAGA is as they do all this.
Eventually people are going
to realize, oh, right.
Neither one of them is working for us.
They're both working for the donor class
and nearly an identical donor class,
[00:12:01]
which is mainly made up of corporations.
We live under corporate rule.
That is why you keep losing
under both Republicans and Democrats,
that you have to pick people
who do not take corporate PAC money.
If you don't,
that should be your one litmus test.
[00:12:16]
If you don't do that,
they're never going to vote for you.
They're never going to deliver for you.
All they're going to do
is deliver for their donors
because that's who got them into power.
And it's amazing to me how gullible so
many Americans are in thinking that
the real enemy are Medicaid recipients.
[00:12:32]
Oh, they're lazy bums
and they should have work requirements.
The majority of them do work.
The able bodied recipients of Medicaid
already work, already work.
This is all about creating
a bureaucratic system
that makes it difficult for individuals.
[00:12:48]
Basically a difficulty in, getting
those benefits that they're entitled to
because of the extra bureaucratic burden
of proving that you are working enough
to qualify for Medicaid.
It's sick, it's sick.
[00:13:03]
And if you think that the poorest among us
are your real enemies, man,
then you deserve to have your resources
robbed from you and given to the rich.
Now, with that said, I want to just
quickly discuss the, pathetic Republicans
who pretend to be fiscal hawks
when in reality they are, well, just
[00:13:19]
ready and willing to cave to Daddy Trump.
So Representative Ralph Northam,
Republican of South Carolina,
who staged an open revolt,
as the New York Times put it,
but still ultimately fell in line with his
colleagues to support the legislation,
[00:13:35]
refused to detail what he was offered
in return for his support.
So the New York Times asked him,
like, what happened?
You said that you are going
to vote against this,
but you voted in favor of it.
He's like, oh, well, you know,
Trump promised me some cookies.
But I'm not going to get into details.
You'll find out about it next week.
[00:13:51]
Now, I do want to just quickly
go over the basics of this bill
and why it's so upsetting.
And I want to actually put
put my cards on the table.
Okay.
I am currently working.
I don't even know how many jobs.
I've got a lot going on,
so I'm very likely going to get a tax
[00:14:09]
break as a result of this bill.
I don't want it.
I want my fellow Americans
to be taken care of.
I want Medicaid recipients to still
have those benefits available to them.
If they're having a hard time
earning enough income
to buy private health insurance.
[00:14:24]
Okay.
I want people who rely on food
assistance to continue getting it.
To me, that is way more important than
saving a little bit on my freaking taxes.
And anyway, but here's what the bill does.
So it extends Trump's 2017 tax cuts.
[00:14:40]
It also allocates hundreds of billions
of dollars for border enforcement.
Okay. So there's that.
It includes a child tax credit of $2,200
per child, but this is means tested.
I should be clear about that.
It does not apply to high earners.
[00:14:55]
The credit is reduced by $50
for every $1,000, of income above
the threshold of 400 K per married couple,
or 200 K per single parent.
It adds additional means
tested tax cuts for tips up to $25,000 and
[00:15:14]
overtime pay up to $12,500, but it will
expire in four years by the end of 2028.
It also increases funding for defense,
and cuts $1 trillion for Medicaid.
It includes reductions to food assistance,
also known as Snap, which are expected
[00:15:32]
to impact 40 million people, 16 million
of which, by the way, are children.
But considering what we're aiding
and abetting in Gaza, I wouldn't
make the mistake of thinking our
government gives a damn about children.
Phases out clean energy tax credits
that were passed under Biden.
[00:15:50]
The oil subsidies,
those will not be touched.
Of course, increases the Salt deduction.
By the way, this is something
that will benefit us here in California.
And I still think this bill
is a complete and utter disaster.
But it does increase the Salt deduction
from $10,000 to $40,000.
[00:16:07]
So that means the state and local taxes
that people in high tax states pay,
like in California,
can be deducted up to 40 grand.
And it adds a $6,000 senior bonus
deduction for those who have an income
of $75,000 or less.
[00:16:23]
So we're means testing our seniors.
That's great.
Some households will be
able to deduct up to $10,000
of annual interest on their car loans.
But that number does decrease for those
with annual income of $100,000 or more.
[00:16:38]
Notice how all of the provisions,
all of the provisions that are supposed
to help ordinary people are means tested
and they also expire, right?
All of the benefits for the rich.
Those are permanent
and obviously their benefits for the rich.
[00:16:55]
They're not means tested
because they're already rich.
There are going to be limits to
how much students can borrow for college.
So the cap for borrowing, you know,
from the federal government for
professional degrees such as, you know,
the education you need to be a doctor or
a lawyer, it's capped at $50,000 per year
[00:17:14]
and $200,000 for the student's lifetime.
And, there's also a lifetime borrowing
limit for all federal student loans.
Up to $257,500.
The bill included a $5 trillion increase
in the debt limit,
[00:17:31]
a measure that Republicans are always
pretending they're unwilling to support.
But that was necessary to avert
a federal default later this year.
And the nonpartisan Congressional Budget
Office, CBO, found that the bill would
increase the deficit by $3.4 trillion
and leave about 12 million people
[00:17:50]
without health insurance by 2034.
So make no mistake about this.
This is a redistributive bill that will
again take money from the bottom.
Take resources meant for the most
vulnerable among us
[00:18:06]
and move it on up to the very top.
That's what this is. It's disgusting.
Okay, so I want to talk about
Republican bitches a little bit.
So these are the people who pretended.
Oh, I'm so concerned about the debt
I owe the debt.
[00:18:22]
It added $3.4 trillion to the debt.
And the guys in the house said,
like Chip Roy and said, oh, no way.
The Senate better make
this less than Senate added debt.
And he's like, okay, okay, I'll do it.
I'll do it.
[00:18:37]
What happened?
Well, actually, we know what happened.
Part of it was that Trump
invited them to the white House.
I don't blame Trump.
He does carrots and sticks, right?
I blame him for the bill.
I blame him 100% for the bill.
But in terms of the strategy
of the politics, right.
So he says, if you go against me,
I'm going to destroy your career and your
[00:18:53]
career like I did for Tom Tillerson,
the senator from North Carolina.
But if you come and play ball,
then I'll give you tchotchkes
and I'll be nice to you.
And you'd be surprised how petty
United States congresspeople are, although
[00:19:10]
these days you wouldn't be surprised.
But when I was growing up, and still
to this day on mainstream media, they make
them seem like, oh, these honorable
senators and congresspeople, they're
so important, and they're the best of us.
No, you know what happened?
He started signing merch for them,
and he's like, he he gave something
[00:19:29]
to Chip, Roy's son, and.
My son got him Trotsky.
So he doesn't care about the debt anymore?
Burchett's even worse.
Burchett was like, oh, no, I'm not
gonna do this, that blah blah blah.
And he's like, he said,
I was good on TV. He was so nice to me.
[00:19:46]
He invited me over
and he gave me some side merchandise
and, you know, like, I'm so happy.
Oh, you guys are such losers.
Pathetic losers.
And then 11 House Republicans
signed a letter saying we are not going
[00:20:02]
to accept Medicaid cuts.
Right.
The Senate added to the existing
Medicaid cuts by about $300 billion.
And they're like, we completely accept it.
All 11 caved and maybe they got a hat.
Maybe they got some Trump Cologne,
golden Trump sneakers.
[00:20:21]
And those bitches walked out
and cut the living crap out of Medicaid.
And all of them should lose their jobs.
All of them.
Okay.
So when they promised you
that they were not going to cut Medicaid
and then they butchered it, but hey, they
got a Trump hat signed by the big boss.
[00:20:39]
You know what one of the things
Burchett was giddy about.
They misspelled his name on the placard
when they went to go see Trump
at the white House.
Trump put the R in
and then signed both sides of the placard.
And he's like, oh my God, he signed
a placard about my misspelled name.
[00:20:55]
I'm relevant for half a second.
And then he started
getting on his hands and.
- Knees and.
- Licking Donald Trump's boots.
All that. Any that you want.
As long as our rich donors are happy.
- Republicans have.
- Zero credibility.
On debt.
None. None.
None.
[00:21:10]
- They add more.
- Debt than anybody alive.
It's not even close.
So, now let's go to the numbers
for a second to show you the devastation
that should come.
We'll see if they can, you know,
manipulate and
and propaganda their way out of this.
[00:21:26]
But, more than half of adults say
that their, they or their family member
has been covered by Medicaid
at some point in their lives.
I want you to notice the independent line,
29% saying they've been personally covered
by Medicaid and 29% said had family
[00:21:44]
covered by Medicaid and had a close friend
covered by Medicaid is another 12%.
That is a monster number.
70% of independents are affected
by Medicaid in one way or another.
But look at the Republican line
22% personally covered 29% family,
[00:22:02]
13% close friend.
- That's a.
- Huge.
Number of Republicans who are affected.
So look here, I'll give you one more and
give you a conclusion on on the politics.
Hold on.
- Yeah.
- No, let me, let me.
[00:22:18]
I guess I want to talk
about politics a lot today, but I'm going
to pause and just say something.
This bill is going to do a lot
of damage to Republican voters.
Okay.
So if you're on the left,
you have one of two options.
[00:22:33]
You can go ahead and point at them
and laugh at them and dehumanize them
for voting for the very people who are
gutting the benefits that they rely on.
I would venture to say
that if you consider yourself a, you know,
kind, left wing person,
you should take a good, hard look
[00:22:50]
in the mirror if you opt for that option.
Okay?
Because you should never
dehumanize anyone.
Or the other option is to be kind.
Explain what's actually going on here
and offer up a better system.
[00:23:06]
So we're at a crossroads right now.
And the real question is
what does the left want to do?
Do we want to just continue
with the status quo of supporting a
pathetic Democratic Party as a substitute
for the pathetic Republican Party?
Do we want to keep demonizing
Republican voters
[00:23:23]
who are going to be harmed by this bill?
Or do we do outreach?
Do we try to help people understand
how our system actually works,
and try to build the coalitions necessary
to finally break this broken system.
[00:23:40]
Break through this broken system.
I don't know, I don't know
what's going to happen, but I'm just.
So we've been doing this
for so long, Jake.
Okay.
For me, it's been almost two decades.
I am sick of the repetitive nature
of our politics.
We need a breakthrough, and we're
never going to get that breakthrough.
[00:23:57]
If we keep thinking of things as tribal,
we have to do outreach to ordinary people
regardless of who they voted for.
Yeah, well, you know me,
obviously I couldn't agree more.
In fact, I give you a little bit of,
you know what?
My hope for it.
So, look, guys, of course Anna's right.
You can go.
[00:24:13]
Ha ha to people when they're down.
I don't think that that's
a real left wing position to do that.
I mean, you could get a little
schadenfreude, I get it, you could vent.
I get it because we
told you not to do this.
We told you not to do this, right.
We told you he was going to affect you
and not just the others.
[00:24:30]
Right?
I get it, I get it, but I don't be better
than that and say, look, they lied to you.
Now come over to the side
that actually is going to deliver for you.
But if you're going to say
that you have to actually deliver, you
can't keep electing corporate Democrats
who are never in my entire lifetime, they.
[00:24:50]
- Never.
- Deliver.
The minimum wage is $7.25.
- Come on.
- They're a joke, right?
So that's why I always take action.
And so and people can say,
okay, I don't like your action.
Great. Then take a different action.
Go and fight forward. Do something.
[00:25:05]
So look, what I'm doing is rebellion.
Com where will you run? Populist left.
And what that means is
no corporate PAC money.
And if you get into office, you must fight
like hell for these higher minimum wage.
[00:25:21]
Higher. I'm sorry.
Paid family leave, lower drug prices,
lower housing prices, etc.
If you don't do it, if you don't deliver,
they're never going to believe you.
Okay.
And then we're going to get into the
situation that Anna talked about in the
beginning, where the American people go,
[00:25:36]
I don't know what we're going to do,
but these corrupt sons of bitches
never do what we want, right?
And that's a dangerous place to be.
So let's do the one thing
the country has never tried.
Populist economic left.
The policies that you guys actually love.
And that poll.
[00:25:53]
Amazingly so.
And so now let's look
at the last poll here on Medicaid.
Look, guys, 83% of the country
is in favor of Medicaid.
That is an unbelievably popular program
okay. 83% either very favorable
[00:26:09]
or somewhat favorable.
But when you look at independents, the
same 83% overwhelming, they love Medicaid.
How many times in my lifetime
has the mainstream media painted Medicaid
as like some fringe program?
I don't know, it's a mixed bag.
No, Americans love it. They love it.
[00:26:25]
I got my program has never worked.
No, they love it.
They love Medicaid.
They love Social Security
and they love Medicaid.
They all pull over 80%.
But look at the Republican line, guys,
74% view it as favorable.
74% of Republican voters wanted
[00:26:43]
Medicaid and it just got cut.
So welcome those guys in.
To the best of your ability.
And you might not get them all.
Some of them might say, oh no,
I even though I lost my health insurance
and my kids are sick and I don't know
what to do, I hate undocumented immigrants
[00:26:59]
or something and vote for Trump.
The next Trump, etc.
But a lot of them will go, oh, I
thought he was against the establishment.
And it turns out he is the establishment.
He is a rich elite.
He did deliver for his donors.
He was full of crap.
[00:27:16]
Promise them that you'll actually
do something and then do it.
You must do it. You must deliver.
And the good news is,
the next party that actually delivers
to the average American is going to be so
wildly popular, because we haven't seen it
in our entire lifetimes.
Every time you ring the bell below,
an angel gets its wings.
[00:27:33]
Totally not true, but it does
keep you updated on our live shows.
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