Trump's trip to the Middle East, the budget, the Iran deal, and much more. Plus, the latest on the latest in the Russia scandal, and a new segment called the Year of Our Lord, 2025.
00:00:00.000We are right. In fact, the text says $300 billion is to be cut from this vital food assistance program, which can lead to 11 million people going hungry.
00:00:10.440Democrats said that this bill was going to kick people off Medicaid. Looks like we were right about that, too.
00:00:15.740The bill cut $715 billion to the program and will kick 13.7 million Americans losing health care.
00:00:24.640Democrats said that the tax cuts will be going to the rich. We were right again.
00:00:29.140If enacted by 2027 individuals making over $1 billion a year.
00:00:34.540Right now you're hearing the live stream of the budget committee as they go through, try to get this budget at least voted out of committee.
00:00:43.380Right now, we understand there's a minimum of three, maybe four Republican knows, including some of the biggest deficit hawks of saying, hey, the math doesn't work here.
00:00:52.880We got to get back and start to work over the weekend.
00:00:54.880This is a key component. President Trump's coming back tonight.
00:00:59.080He arrives, I think, near midnight tonight. He'll be on this over the weekend.
00:01:03.780We're going to be going in and out of this committee to see if it doesn't get out of committee.
00:01:08.080They're going to go back. There's a lot more work to do.
00:01:10.180I tend to agree with the hawks that right now this math doesn't come close to working.
00:01:14.480They got to get serious. Here's what we're going to do.
00:01:16.740We're going to we're going to come in and out of the budget committee during the day.
00:01:20.380We've got a great cold open of President Trump's triumphant tour and visit in the Middle East.
00:01:26.220We're going to start with that. We've got a packed show today.
00:07:55.500President Trump simultaneously reordering the relationships in the Middle East that really haven't changed.
00:08:05.480This is so fundamental, it goes back to World War I when the Arabs with the British Army, Lawrence of Arabia, the Arab Army, and General Allenby took Jerusalem and then took Damascus.
00:08:18.180Sykes, Pico got arranged, which divided up the whole Middle East, drew new lines between the French, the great powers.
00:08:27.340We said yesterday we had Ed Luson talking about the 1970s Arab oil embargo, that Arab oil embargo, all of a sudden Middle East came back front and center into American life, which it had not done really ever.
00:08:40.900And then the Iranian hostage crushes, the Persian hostage crushes, ended the 70s.
00:08:47.880And here right now, President Trump just breaking all norms.
00:08:51.820The thing to focus on, he is leading, he's saying, look, economics, prosperity can lead to peace.
00:09:00.060And if people are incentivized and have skin in the game, they will have peace.
00:09:15.000One of the ones is particularly a country like Qatar.
00:09:18.000It now looks like front and center of all this.
00:09:19.740But he ended, as I think was very smart to end, with MBZ and the UAE, MBZ, Mohammed bin Zayed, the strongest ally.
00:09:29.140Not just strongest ally, someone held in great respect that punches way above their weight.
00:09:34.680And you can see the respect President Trump had.
00:09:36.400And some of those ceremonies are deeply profound of what the Arab nations were doing.
00:09:45.000Deeply profound of what they think of President Trump as a man, as a leader, as a leader of a country that has a stick-to-it-to-ness.
00:09:54.240I think the drift of Biden and Obama and Bush, Clinton, reversed.
00:10:02.100We started at a small scale in the first term because we weren't prepared in the fact that we didn't have time to pull teams together and have years to do this research.
00:10:13.740It was kind of a comfort behind victory.
00:10:16.080But the four years that President Trump spent in the wilderness, it's going to become quite symbolic.
00:10:22.120People will talk about that 100 years from now, what President Trump thought about, what he learned, what he observed.
00:11:14.780We started, and I wanted to start today because we love showing you both the high geopolitical and geostrategic, but then get into the bowels of it, the nuts and bolts.
00:11:26.340And right now in the Budget Committee, as we've said, we support President Trump's priorities here.
00:11:32.560We just think that this whole mishmash, and this plays to Johnson, you're seeing two types of leadership.
00:11:38.360President Trump stepping into the breach.
00:11:41.280Here's how it's going to be, bringing people together.
00:11:43.580But people have a sense of stability, and you have these munchkins over here on the left kind of nipping at his heels.
00:11:51.620But then you have the House with Johnson, and having a career in making deals at Goldman Sachs and my own firm, it doesn't help to tap people along and kind of mislead them about what's really in there and hope it all comes together at the end because you have a time constraint.
00:12:07.620It's just not the way it's not the way it's not the way it's not the way that you're taught and trained to get complex transactions done.
00:12:18.860Here we are on a Friday in a Budget Committee, and he's got, I don't know, four people who are kind of hard-nosed.
00:12:26.460And those people have a lot of credibility in this regard.
00:12:30.460These are people that have historic concerns about deficits.
00:12:35.000And it's just the math we're getting and the math that's coming out from independent sources show that there hasn't been enough true focus on cutting.
00:12:44.940And where there has been cutting in Medicaid has been, quite frankly, all over the map.
00:12:50.700And so that's why this thing, it's no need to force something that's terrible just to get it through because you're on some sort of deadline.
00:12:59.760What's better is to get something that works, and then you get over to the tax side.
00:13:04.540I don't think, one of President Trump's priorities is no tax on Social Security.
00:13:08.640This $4,000 for retirees is not no tax on Social Security.
00:13:16.800No tax on Social Security means wait for it, read my lips.
00:13:37.840Remember, the first part of this is to stop the kinetic part of the Third World War.
00:13:41.720The second part of this is to seal the border and deport 10 million illegal alien invaders, which you saw at the court and Josh Hammer will be on later to talk about that.
00:13:49.640The third is to get all this economic model, financial model, this fiasco he was dumped on.
00:13:57.240So now, having spent four days changing the direction of the world, and particularly in tamping down the Third World War, both the nuclear weapons with Persia.
00:14:06.820They've got the Ukrainians talking in Istanbul right now with the Russians.
00:14:09.900He's got the total redoing of the commercial relationships of the world, 150 countries, including the Chinese Communist Party.
00:14:57.500This July, there is a global summit of BRICS nations in Rio de Janeiro, the bloc of emerging superpowers, including China, Russia, India, and Persia, are meeting with the goal of displacing the United States dollar as the global currency.
00:15:18.840As BRICS nations push forward with their plans, global demand for U.S. dollars will decrease, bringing down the value of the dollar in your savings.
00:15:26.540While this transition won't not happen overnight, but trust me, it's going to start in Rio.
00:15:33.440The Rio Reset in July marks a pivotal moment when BRICS objectives move decisively from a theoretical possibility towards an inevitable reality.
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00:18:18.060Jimmy is saying that, hey, public debt's a public curse.
00:18:21.080They've got a thing going on called reverse the curse over the budget committee to try to figure out this national debt.
00:18:26.380Hamilton was the one that was a contrarian and said, no, if we want to become a manufacturing superpower, we have to have credit.
00:18:33.700The way we have credit is we roll up all the revolutionary debts from the states, make it one big thing, and then start refinancing it in global capital markets.
00:18:43.380Remember, the American Revolution started about taxes, paying for the French and Indian War.
00:18:48.620Remember, the British Parliament thought we ought to throw a little something into the kitty.
00:18:52.120The Americans thought we already threw enough into the kitty.
00:18:55.260And to win our revolution, we needed a big assist by the French.
00:19:00.560The French weren't doing it because they loved us.
00:19:02.260They were doing it because they were at war with England.
00:19:04.580And the payment and figuring out how to pay for those bonds is what brought on the French Revolution.
00:19:10.760So this is all interconnected, folks, the budget committee today.
00:19:16.120Tej Gill, you spent, correct me if I'm wrong, brother, 16 deployments as a gunman for the United States, six in Iraq, ten in Afghanistan.
00:19:28.220As a tip-of-the-spear combat veteran, your assessment of President Trump's tour of the Middle East this week, sir?
00:19:58.880And at one time, we were catching the same terrorists on one deployment.
00:20:07.320We would catch them multiple times because it got turned into a catch-and-release program because the politics were so heavy during the war.
00:20:14.900And at the beginning of the war, I was so gung-ho to go over there.
00:20:17.800One, because I was a young SEAL and I wanted to get into combat.
00:21:39.420We need to make this place the ultimate place for prosperity for Americans and freedom for Americans.
00:21:46.480And that's how you show other people how to live.
00:21:49.460And then they will, by us leading by example, they will want to become like us instead of going over there, invading them, not winning, and then trying to force them, our policies on them through the State Department and the USAID.
00:22:05.400And that's what we've been doing for decades.
00:22:20.000I'm going to turn to coffee in a second.
00:22:21.340Does it concern you that some of the nations that were underwriting the worst extremist elements of radical jihad, do you think they've corrected themselves?
00:23:21.540Yes, I am concerned about the extremists in a lot of these countries.
00:23:25.880But I think Trump has a plan, and I am willing to just sit back, watch, and trust him because, like I said, everything he does turns to gold.
00:23:35.280Before we turn to Warpath Coffee, yes or no, is this what you voted for?
00:24:09.920You have broken, you, Tage Gill, single-handedly, have broken this because people realize, why do I put cream and sugar in the coffee?
00:24:16.940I put cream and sugar in coffee to cut the acidity, to cut the acid, you know, the acid-like taste of it, like the bitterness of certain national brands that happen to be green.
00:24:27.860You've done away with that, and people love it.
00:24:46.740One thing I want to say, though, Steve, is I have not done it single-handedly.
00:24:52.360With your help and the Warroom Posse's help, we've grown this company, and now we're making huge amounts of this incredible coffee.
00:25:01.020So the Warroom Posse and you were a major hand in all this still to this day.
00:25:06.440So the website is warpath.coffee and use forward slash Bannon, or I'm sorry, forward slash Warroom, and that'll take you to a landing page that is especially for the Warroom Posse.
00:25:19.520So warpath.coffee forward slash Warroom, and we're doing 20% off right now for the Warroom Posse, and it goes back and forth usually between 15% and 20%, but it's 20% off.
00:25:30.980And last night I looked, and we're at 9,800 five-star reviews, so we're almost about to break the 10,000 review mark, and it's pretty big for having that on our website.
00:25:44.240Usually you only see those kind of numbers on an Amazon store, and that's on our website, and we don't pay anybody to give us those reviews.
00:25:51.280We just send out an email chain after you buy from us, and only 13% of the people answer the email and give us a review.
00:26:32.100And remember, the dark roast, Mariner's Blend, the one I worked on specifically with Tej, I think it was 18 months of back and forth until we absolutely perfected them.
00:27:56.420So that's why when you go to a restaurant or a coffee shop, they offer you cream, sugar, and all that stuff in there, which you don't need.
00:28:04.400So you can drink our coffee straight black and make it healthy.
00:28:54.600It's a personal supply of prescribed emergency medications that puts the power back in your hands, whether it's an unexpected illness or a global disruption of supply chains.
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00:29:57.960The math simply doesn't work right now.
00:29:59.500There hasn't been smart cuts, haven't been enough cuts.
00:30:03.920Just look at the math, look at Independent, do any assessment.
00:30:07.220Let's have OMB, what Russ Vogt's saying, are showing people.
00:30:11.660Because what we want to do is make our own decisions, have the president make his own decisions, and not have pressure from the bond market, which we're going to have.
00:30:24.820And that is not related to President Trump's restructuring of the commercial relationships of the world to benefit American citizens, as it should, since the weight of everything is on your shoulders.
00:30:36.900But you just saw by the true social he just gave from the plane, he's going to have to get involved.
00:30:46.320So the fiasco, as we talked about, is upon us.
00:30:54.320There's an article up in Axios, the lead story, talks about the second hundred days.
00:30:58.760And I make the point that this is more important than the first hundred, because this is where his legacy will be codified on a number of things.
00:31:08.040Number one, the big, beautiful bill or the legislative part of the economics will basically set the stage for his entire third term with the tax cuts and particularly the trajectory of deficits and deficit reduction.
00:31:25.940Number two is stopping the kinetic part of the Third World War, which a magnificent start, a really kind of second step this week in the Middle East.
00:31:39.000So what he's trying to do, and that's leading us to the constitutional crisis of his powers, his article two powers to actually do this commander in chief.
00:31:46.920And that is Josh Hammer is going to be on with us.
00:31:48.940That's turns out what the argument yesterday at the court was about.
00:31:52.020And this is hurtling, I think, to a constitutional crisis, particularly when President Trump write this down with your number two pencil, because you're here to hear first a couple of weeks ago when we got D.C.
00:32:35.380We're six and a half, seven percent because of what Biden did to the country to get it down to three and a half percent.
00:32:40.440You're not going to get to a balanced budget, but at least get the deficit to three and a half percent.
00:32:44.920Anything that doesn't get us there has got to be jettisoned.
00:32:49.160Do you think right now where we see this that we're making progress?
00:32:52.780Dave Brad, you've been in those rooms before, sir.
00:32:54.860No, this was, you know, you opened up with Trump, who, you know, strides the world like a colossus or whatever.
00:33:04.440You know, I mean, everybody is deferring to him globally.
00:33:07.860And when he came in on the tariff deal, you saw the huge amount of deference the American people paid to him and gave him a shot to work things out.
00:33:17.280And so the House, the math doesn't work because the math is just a bunch of gimmicks.
00:33:22.160The more you look under the hood at this thing, Kim Strassel's got a great piece in the Wall Street Journal today.
00:33:27.560So I ripped their heads off yesterday.
00:33:29.680But that's she starts off the whole opening gambit was just one point five trillion.
00:33:34.620And then the moderates, they're always called moderates.
00:33:37.400The moderates are not orthodox Republicans.
00:33:39.740You should hear all the stuff they're asking for.
00:35:33.240This was the time under Trump where the House and the Senate come in with major league transformational tax packages that do benefit everybody.
00:35:44.220And, you know, the tax cuts can generate some growth.
00:35:48.640But I've heard some of the guys we know saying they're going to put out a study next week, you know, some of the nationally known economists.
00:35:57.940And I heard Newt on the TV this morning, and he mentioned all the, you know, we're going to get the tax cuts through.
00:41:10.480And so, no, I think there's going to be some holdouts, and I hope there are, because the orthodoxy of Republicanism is tax cuts, but it's the spending first, right?
00:41:25.520The idea, you know, just think of the founding fathers or anybody that has a brain in their head or any of the great leaders, you know, we had 60 years ago, et cetera.
00:41:48.880You're becoming Democrats and leftists, and you're just moving in the wrong direction on the logic of what we have to have in place to have a great country.
00:41:57.720And so I think there's going to be some holdouts on the Freedom Caucus side, and they're going to call them every name in the book.
00:42:05.760The SALT guys and the Eastern Coast guys and the moderates, supposedly, they're holding out also.
00:42:12.060But they're holding out for non-orthodox Republican policies.
00:42:43.560So this is President Trump having changed the direction of the world, is coming back to making sure he's putting guys on the clock on trade deals and the big, beautiful reconciliation process.
00:42:56.520Make sure you're probably going to have to be at the ramparts with us next week.
00:42:59.740Make sure you're available and not chasing somebody that's taking your title and going to a hard money lender and got a second mortgage out on your house.
00:43:08.620National debt's already big enough second mortgage on it.
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00:46:15.640Is it right if you're an illegal alien, which the right side of this aisle, my Democrat friends led in this country,
00:46:23.300if you're an illegal, is it right to have illegals, cash, and checks with money we don't have?
00:46:30.620And to phase this in for four years and give a—we're telling a healthy body, a healthy American, that you've got four years to get a job?
00:49:52.520And the lobbyists for the billionaire tax cut guys, they're loud and vocal right now.
00:49:57.940They're all saying—I'm not going to name names right here, but they're all saying, let's just pass this bill and get on, and we'll improve the tax cuts later.
00:50:04.920Nothing about spending from any of them.
00:50:07.380And if we don't solve this spending piece, we're in big trouble.
00:50:10.800We haven't even brought up entitlements, right?
00:50:21.580We're going to make sure, hopefully, President Trump gets all the information.
00:50:24.580I can see already he's getting a little worked up.
00:50:27.020We're going to have—can we put up the president—to let you know he's on point, he put up a tweet just a second ago.
00:50:35.700Has anybody noticed that Taylor Swift is not—when he said she's not hot, she's, like, finished?
00:50:43.760President Trump, Commander-in-Chief, and King of the Trolls, just unbelievable getting on Taylor Swift.
00:50:50.560But, hey, we told you Taylor Swift was all plotting to go campaign for Biden and Kamala, and it got waved off when people talked to her about the math.
00:51:01.680Dave Bratt, where do people go to get your charts, all your analysis?
00:51:04.860I'm going to try to get you back on tomorrow, because this weekend I can tell you this budget thing is going to be a topic of conversation with President Trump.
00:51:15.620I put my charts up from the other day on the Great Depression up on X and Getter, Bratt Economics, and the most important thing is to spread the war room.
00:51:26.340Spread this platform because you see the knowledge you're getting.
00:51:30.020And if the country doesn't get this stuff, we can't fix it.
00:51:50.120It's a free brochure on investing in gold and precious metals.
00:51:54.020In the age of Trump, you walk through all the Trumponomics and the economics of it, you get a real schooling on that.
00:52:00.940Plus, you get to know the Philip Patrick and the team, who are going to Rio for the Rio Reset.
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