The Anchormen Show with Matt Gaetz - Episode 147 LIVE： Welfare In Drag – Firebrand with Matt Gaetz

00:00:00.000 matt gates the biggest firebrand inside of the house of representatives you're not taking matt

00:00:08.340 gates off the board okay because matt gates is an american patriot and matt gates is an american

00:00:13.660 hero we will not continue to allow the uniparty to run this town without a fight i want to thank 1.00

00:00:20.820 you matt gates for holding the line matt gates is a courageous man if we had hundreds of matt gates

00:00:28.260 in dc the country turns around it's that simple he's so tough he's so strong he's smart and he

00:00:35.000 loves this country matt gates it is the honor of my life to fight alongside each and every one of you

00:00:42.820 we will save america it's choose your fighter time send in the firebrand

00:00:48.320 welcome back to firebrand we're broadcasting live out of room 2021 of the rayburn house office

00:00:59.180 building here at the capitol complex in washington dc the house of representatives has just passed

00:01:04.400 legislation reforming the tax code and it is no bueno it is not a tax bill it's a welfare bill

00:01:10.900 i am going to expose in this episode how the uniparty worked together to great effect against

00:01:17.180 those of us who are trying to advocate for regular americans and not the ones that the lobbyists

00:01:22.360 and the special interests are paying off to do their bidding so unfortunately they are uncorking the

00:01:28.240 champagne on k street right now at your expense we're going to go through all of that thanks

00:01:33.220 everyone for joining the live stream uh on x b sully says uh happy to be here to connect with fellow

00:01:39.980 patriots let's take this country back fully agree and dr hardcore on rumble wants everyone to google

00:01:46.320 blinken morrell cia collusion and i remember that i remember the blinken morrell cia collusion that

00:01:54.460 was during the trump camp campaign against biden where you had blinken as a senior biden campaign

00:01:59.660 official working to try to get these 51 so-called intelligence experts to discredit all of the

00:02:09.400 corruption that was being exposed regarding hunter and joe biden on the biden laptop and it was in fact

00:02:15.100 someone at the cia telling folks that they might not get their manuscripts approved for their books

00:02:20.740 they might have to go through more difficult red tape if they didn't do what the biden campaign

00:02:25.800 wanted them to do that's what you'll find out if you'll google it and i remember being in those

00:02:30.760 depositions and there should be greater consequences in terms of not funding the very enterprises that were

00:02:37.480 misused for politics in the 2020 election and that's why i have to break this cycle of continuing

00:02:43.220 resolutions so i'm going to get now into this tax welfare mess that we are in in the house of

00:02:51.660 representatives in the house ways and means committee they have jurisdiction over tax policy

00:02:56.840 and so you had the chairman of that committee in the house a republican jason smith work at the behest

00:03:02.880 of the democrat lead on tax policy senator wyden and they came together with this bill and i'll give

00:03:10.940 you the opportunity to hear how republicans and democrats work together to pass it first so here's

00:03:18.800 jason smith introducing this legislation take a listen the tax relief for american families and workers act

00:03:27.780 is pro-growth pro-jobs pro-american the legislation locks in 600 billion dollars in pro-growth tax policies

00:03:37.640 by restoring three key provisions from president trump's successful 2017 tax reform that have a

00:03:45.400 proven record of creating millions of jobs raising workers wages and sparking more investment and economic

00:03:53.380 growth right here at home this bill restores full r d expensing interest deductibility and a hundred percent

00:04:02.980 expensing each of these policies will help american businesses grow create jobs and sharpen their

00:04:11.140 competitive advantage against china this will create over 70 billion in new r d investment and over 900 000 0.76

00:04:19.460 new jobs increase small business investment by 400 billion and generate 58 billion in additional take-home pay

00:04:29.460 for american workers today america's small businesses are being pummeled by high prices and interest rates

00:04:37.460 this package raises the expensing cap for small businesses beyond the limit set in the 2017 tax reform

00:04:46.260 and it cuts paperwork for those small businesses by updating the irs form last changed when eisenhower was

00:04:54.580 president not only are we helping businesses here at home but this tax relief package also ensures america is

00:05:03.300 standing with our key economic partner taiwan by ending double taxation on american workers and businesses

00:05:11.620 operating in both countries the child tax credit provisions reflect the same structure established by the

00:05:19.460 2017 tax reform we maintain work requirements while enhancing the benefit to support families crushed by

00:05:28.580 today's inflation and remove the penalty for families with multiple children it's both pro worker and pro

00:05:36.500 family the reforms include meaningful tax relief for those affected by natural and man-made disasters and

00:05:45.060 encourage more construction of safe affordable housing at the end of the day we are replacing bad tax policy

00:05:52.340 with good tax policy by cutting off funding for the employee retention tax credit a covet era program

00:05:59.700 that costs six times its original amount and is so riddled with fraud that the irs put it on its dirty

00:06:07.060 dozen list of the worst scams in america this will save america

00:06:11.540 we are back live and did you notice that the way they said they're paying for this tax cut

00:06:20.420 is by repealing covid dollars so there's all this money stacked up that money that is pulled back in

00:06:28.420 a rescission is not actually a pay for because it's it doesn't continue so they're using non-recurring

00:06:36.020 savings in order to drive up the debt long term this bill will increase america's debt so it's really

00:06:43.460 funny to hear jason smith talk about interest rates we know we've covered extensively on this program

00:06:48.980 that the highest interest rates that you are paying right now for home loans car loans on credit cards

00:06:55.700 all of that is driven by the debt and federal spending and when you engage in a tax cut which isn't really

00:07:04.740 a tax cut it's just a giveaway that could that's going to drive up the debt there's no question

00:07:10.820 about it then this argument well we have to pass this bill for china we have to be competitive against

00:07:16.820 china this is going to be the new drumbeat every time they want corporate welfare every time some big 0.97

00:07:23.300 business has the right lobbying firm has given out the right bribe money and campaign donations and they

00:07:29.300 want your money for their goals to reduce their risk profile it's always going to be oh well you

00:07:35.460 know we we have we have to we have to beat china we don't beat china by becoming more like china china 0.99

00:07:43.380 has fused government and industry that is not what we should do in the united states of america matter of

00:07:49.060 fact following the china playbook will inevitably lead to us losing to china they'll run the china 1.00

00:07:56.260 playbook better than we do so we have to run the america playbook with more free enterprise and a

00:08:02.180 flat tax code not a tax code with all these jagged edges and special giveaways and nooks and crannies

00:08:08.900 for the powerful it wasn't just republicans who were in favor of this bad bill it was able to pass with

00:08:16.100 an overwhelming majority because democrats loved it too here's the democrat lead on the ways and means

00:08:21.700 committee richie neal take a listen the gentleman from massachusetts is recognized for 30 seconds thank

00:08:28.500 you mr speaker we've heard the arguments here this is what's possible and despite what some have said

00:08:34.820 here this does expand the child tax credit it's clear no legislation that comes to this floor is

00:08:41.380 perfect we tried very hard and we succeeded on the democratic side in improving this legislation so

00:08:48.420 what's in front of us tonight is pretty simple 16 million children will benefit from the improvement

00:08:55.300 to the child tax credit that's a fact we got a few other facts to share about how inflationary this bill

00:09:06.100 is and the real and the real stinker is that this legislation is going to be a massive giveaway to illegal

00:09:13.940 aliens the point was made brilliantly by my colleague chip roy of texas take a listen

00:09:21.380 i do rise in opposition to this legislation and i do so reluctantly because i know of the significant

00:09:28.740 amount of work by my friend from missouri by those on frankly on both sides of the aisle to reach

00:09:34.100 agreement my friends on ways and means important provisions in this legislation that are critical for

00:09:41.300 job growth for economic growth critical for the well-being of our country numerous businesses i know

00:09:49.060 in texas and around this country that understand the importance of the expensing provisions interest

00:09:54.900 provisions research and development but unfortunately as happens in this town this legislation comes with

00:10:04.820 provisions that frankly the people i represent are tired of and it's provisions that would continue to

00:10:11.140 expand the welfare state as the wall street journal editorialized about by expanding the child tax

00:10:17.380 credit in ways that will continue to fund uh people directly through refundable credits uh which we

00:10:25.540 find to be problematic and we think undermines the kind of economic activity and incentive to work and

00:10:31.780 incentive to um uh you know produce value that we think is critically important for economic growth

00:10:37.220 but importantly that that provision is also available to parents who are here in this country illegally

00:10:44.340 of children born in the united states we think that's a problem we think that is not just allowing 0.96

00:10:50.740 essentially birthright citizenship anchor babies but funding it that's a problem now my colleagues on

00:10:57.060 this side of the i will rejoin that that was a product of the 2017 bill that was pushed by and passed by

00:11:03.060 republicans including president trump to which i say right so what it's still wrong it's still bad policy

00:11:11.300 we shouldn't do it and we should not be perpetuating it now all through the 11th hour last night i worked

00:11:17.780 hard trying to find a way to come up with a provision that might be palatable on both sides of the aisle

00:11:21.620 this side of the aisle to find a way to say let's get that provision pulled off so we can move the pieces 0.66

00:11:27.460 that will be good for economic growth and prosperity that i think has bipartisan support and clearly

00:11:32.340 support on this side of the aisle unfortunately we've not done that and i'm getting a lot of

00:11:37.620 correspondence from people that i represent who are sick of the same old game in this town who are sick 0.53

00:11:43.300 of saying we're just going to keep doing the same thing and we're going to in this case again continue

00:11:49.300 to expand the welfare state and in this case do so in a way in which it entices people to be in the united

00:11:56.020 states illegally benefit from being here illegally and do so at a time when we have a heightened level

00:12:02.580 of illegal traffic into the united states 300 000 people crossing the border in december millions who

00:12:08.740 have crossed under this president and we're now in the middle of that crisis going to continue to fuel

00:12:14.900 the fire i think that is a mistake i think it is a mistake for the country i think it is a mistake on

00:12:20.980 policy and i think it is a mistake politically i reserve we are back live grammy mcgee on x

00:12:30.740 complaints about the big corporations being all that matters to far too many people i agree that's why

00:12:36.500 you had the glue for this bill to pass because there was such a such a giveaway to corporate america

00:12:42.580 and we don't stand for that we want the middle class of the country to succeed and we believe that

00:12:48.180 corporations ought to be successful but the best way to make them successful is not to give them

00:12:52.660 these targeted opportunities to not pay taxes it's to have a fair flat tax across the board that

00:12:59.860 everybody pays and then everybody makes a contribution and everybody can thrive and you don't have

00:13:05.140 government putting their hand on on the scale a lot of comments in the live stream also yes sir ski

00:13:11.300 says gates air these traitors out rizzi on youtube says matt time to make sure government

00:13:17.540 is hated but our country is loved and then rizzi on youtube also says that roy is a rhino for ukraine

00:13:24.500 that is actually not true chip roy is in the fight against the efforts by the unit party to send more

00:13:29.940 money to ukraine so i think his voting record on those matters has been pretty closely aligned to what

00:13:34.740 you've seen from myself marjorie taylor green thomas massey tim birchett there's a there's a good group

00:13:40.660 andy biggs there's a good group that stands against the inflationary act of sending money to ukraine and and i

00:13:47.460 would count chip roy among that so on this tax bill masquerading uh around uh the floor really it's a welfare bill

00:13:57.380 the feistiest debate the most tense back and forth exchange was between myself and drew ferguson now

00:14:04.500 you'll remember that congressman drew ferguson is from georgia he has announced that he is not seeking

00:14:10.020 re-election to the congress and he was one of the 20 plus members who refused to vote for jim jordan

00:14:17.460 at the end of jim jordan's campaign for speaker here's my debate against this bad welfare bill

00:14:23.300 and my exchange with congressman ferguson take a listen to the extent that this is a tax bill there

00:14:31.700 are good provisions in it on business expensing for economic growth but my friends this is not a

00:14:37.460 tax bill this is a welfare bill masquerading as a tax bill the wall street journal was correct to

00:14:44.900 identify the ways in which this legislation vastly expands the welfare state and so this is how the

00:14:50.980 bipartisan agreement came together if the republicans were willing to give the democrats what they

00:14:56.500 wanted for illegal aliens to get massive subsidies and welfare then the democrats were willing to give 0.92

00:15:02.180 the republicans what they wanted on a bunch of business welfare the child tax credit as currently

00:15:08.740 contemplated will be a massive pull factor to bring people into this country illegally and we could have 0.99

00:15:15.620 as the majority party demanded constraints to stop them from being able to use the money

00:15:20.660 that way but but bipartisanship was more important than good policy and as my friend from kentucky mr

00:15:27.940 massey noted recently if you aren't paying taxes and you get a refundable tax credit in the form of a check

00:15:36.500 that's not a tax cut that's not even tax policy that's just welfare that's just giving people money

00:15:43.380 that didn't initially pay it in and a bunch of them are here illegally but it's not just a welfare bill

00:15:49.540 in that respect it's also corporate welfare these r and d tax credits that they've put in there are

00:15:55.460 so targeted they're bought and paid for by the lobbyists who fund their campaigns and give them

00:16:00.900 donations and it is entirely wrong we should have a flat tax code and the r d tax credits that they're

00:16:07.140 putting in are are deeply misguided they continue to distort the economy and frankly it's just another

00:16:14.340 flavor of a lot of a lot of the green new deal tax credits that you act like you're against but

00:16:19.380 indeed mr speaker that is not the case this is not a tax bill it is a welfare bill in drag and that may

00:16:28.020 be appealing to some of the proponents i yield back the complete mischaracterization about the child tax

00:16:34.180 credit is oh it's the most intellectually dishonest conversation that i have heard on this floor in a very

00:16:40.820 long time this is about making sure that people that work and their families have the ability to

00:16:49.060 get ahead but let me tell you something we all believe on this side of the aisle that you should

00:16:53.860 work in order to receive federal benefits that is something that this bill does and i find one 15

00:17:02.020 seconds mr chairman because i think it's important 15 seconds the gentleman from florida just

00:17:09.300 characterized this bill which the child tax credit piece which is something that president trump

00:17:15.460 signed into law is giving people that are here illegally a check i hate to see that mischaracterization

00:17:23.700 from my colleague from florida about president trump's signature bill i yield back the gentleman from

00:17:28.260 florida is recognized if my characterization of the child tax credit is intellectually dishonest

00:17:32.900 i'd love to hear the warrants behind that claim because none of my colleagues can state how

00:17:38.420 a huge sum of this money is not going to hand up in the hands of illegal immigrants and when it comes 0.98

00:17:43.540 to evaluating that context in the era of trump versus the era of biden it is somewhat embarrassing

00:17:50.340 that i would have to remind a republican colleague that it's the biden administration that's let in 10

00:17:56.180 million additional people which vastly blows out the cost of this particular endeavor under trump you

00:18:03.140 didn't have an open border so there was less a concern about drawing more people here illegally

00:18:08.180 through this child tax credit i yield back

00:18:12.900 dk on x wonders how people can just lie with a straight face dennis on youtube says that the swamp

00:18:20.580 creatures don't like a flat tax go shopping on youtube says flat tax only and on getter unsheepled

00:18:27.540 says that a flat tax will never pass because the well-connected get too much out of a system like

00:18:34.260 the one we have organized and you know what yes under an ideal circumstance i would want our tax policy to

00:18:41.220 broaden the base and lower rates and be a flatter system and while the system we have right now is

00:18:48.020 certainly not ideal we should not advance bills that make it worse that go in the wrong direction

00:18:56.180 of a flat fair easily to comply with tax code this is going to be inflationary this is going to drive

00:19:04.260 up interest rates and it's going to put a ton of money in the hands of illegals who didn't pay the tax 0.90

00:19:10.020 in but are going to get the refund and here's the answer congressman ferguson anyone can get this child

00:19:18.420 tax credit with an employee id number not a social security number and all these people who are coming

00:19:24.340 across the border illegally and getting this phony asylum status they get a tax id number so they're

00:19:30.740 going to get the checks on all of this we easily could have written into this bill that you have to

00:19:37.860 have a social security number that is valid in order to receive the benefit but you see they didn't

00:19:43.540 do that because they wanted the democrat votes and so they were willing to do a massive giveaway to

00:19:48.900 illegals in order to facilitate their corporate welfare further debate on the point was made by

00:19:57.860 Kentucky's Thomas Massey he was a guest on this program recently take a listen

00:20:02.340 look there's something in this bill called tax credits but they're also called refundable so

00:20:10.020 what is a refundable tax credit it's welfare by a different name we are going to give cash payments

00:20:17.300 checks to people who don't even pay taxes the hard-working constituents that I represent in Kentucky are

00:20:25.300 tired of getting up at 6 a.m driving an hour or two to work working their hind ends off to watch their

00:20:36.180 neighbors collect these checks of which there will be more of after this bill it's just wrong now does

00:20:45.220 anybody find it interesting that the democratic leadership has not even claimed time in opposition to this bill

00:20:52.580 why is that why aren't they opposed now there are a few democrats opposed maybe some don't think it goes

00:20:59.220 far enough or some are opposed to the what they call corporate welfare in here but by and large the

00:21:05.300 democrats are not opposed to this because this is an expansion of the welfare state that is what it is

00:21:14.420 so here's my concern about that you know is it is it mean to give away money no it's not mean

00:21:20.580 oh we could consider it compassionate until you think about the implications now this tax bill they

00:21:27.300 say it's paid for what does that mean what does it mean when it's paid for there's some gimmicks in here

00:21:33.220 that are not going to reduce the debt this is actually going to cost now by washington dc math

00:21:38.900 it's paid for but when you look at the debt when you look at the national debt it will go up as a result

00:21:44.980 to this bill everybody in here knows it we know these are gimmicks when you call it a pay for

00:21:50.420 this bill will increase our debt what's that going to do it's going to cause inflation to go up 0.51

00:21:56.900 that's going to affect everybody including the people you're trying to give the money to for having kids

00:22:02.020 this is bad policy i'm opposed to it and i urge a no vote and i yield back to the gentleman from texas

00:22:08.660 we get the feedback from getter share saying thomas massey is right we are tired of that in missouri as

00:22:18.740 well so this was the debate i've shown you what jason smith had to say about the bill what the democrat

00:22:24.500 lead richie neal had to say about the bill i showed you our arguments against it overwhelmingly on the

00:22:30.740 live stream you are not for this madness trigger warning on youtube and the madness we should figure

00:22:39.700 out a way to do live polls on this stuff joel but in the meantime i have to report to you that this

00:22:46.100 legislation passed with 357 yes votes and only 70 no votes so i'll break that down by party 169 republicans

00:22:59.860 voted yes only 47 republicans voted no 188 democrats voted yes and only 23 democrats voted no so if you

00:23:12.660 look at the yes votes the 357 yes votes 188 of those came from democrats and 169 of them came from

00:23:21.940 republicans so we are we we passed a welfare bill yesterday that we dressed up like a tax bill but

00:23:31.060 it's really a welfare bill in drag and we passed it with more democrat votes than republican votes

00:23:37.700 it's a democrat bill and they got the republicans to do their bidding even when we were in the majority

00:23:44.340 it's disgraceful now i i want to also preview the work that's coming up next week on tax policy there's

00:23:51.460 something called the salt debate around taxes and no that's not sodium salt is an acronym for state

00:23:58.900 and local taxes and there was this big deduction that people got in blue states for their state

00:24:05.140 and local taxes off of their federal income taxes and one of the ways that we actually paid for part of

00:24:12.260 the trump tax cuts was to remove that deduction and as a florida man i supported that because if you

00:24:19.540 have some crazy high taxes in new york or connecticut sorry new yorkers and people from blue states i

00:24:25.700 love you but i don't think people in low tax states should have to subsidize people in high tax states

00:24:33.300 just because you guys have a bunch of goons in your state legislatures and on your local governments

00:24:38.340 who want to take more of your money like the answer is if you don't want to give more of your money

00:24:42.980 to wasteful government in blue states you have to pick better leaders you can't expect the people in

00:24:48.500 arizona florida south carolina to subsidize the high taxes that that other people are paying and so

00:24:57.300 the new yorkers the new york republicans who special breed of cat they want to introduce a bill

00:25:06.820 to increase the extent to which married people can claim that deduction against their federal taxes

00:25:13.540 with their state and local liabilities i will oppose this i call on all florida representatives to

00:25:21.380 oppose the efforts to degrade erode or even take one grain of salt away from the trump tax policies it is

00:25:31.300 the obligation of every florida representative to defend those trump policies on salt and not to go back

00:25:39.380 to subsidizing people in high tax states and if floridians vote for the advancement of this type

00:25:47.460 of legislation then they are betraying the people of the sunshine state it's that simple we have a

00:25:54.500 demand that we're making of the leadership if they want to bring that salt bill to the floor we want

00:26:00.180 legislation on the floor that says that you don't get welfare unless you have a valid social security

00:26:05.940 number so if they're going to get a salt vote we want to vote to make sure that illegals are not just

00:26:12.260 raping the system because they're able to use a tax id number instead of an actual social security

00:26:19.060 number those negotiations are ongoing and i will be participating in their continuation as soon as

00:26:24.740 we conclude this program so thank you so much for tuning in for lending your advocacy and your enthusiasm

00:26:31.300 to the work we're doing here in the united states congress be a part of our newsletter go to gates.house.gov

00:26:36.660 we give weekly reports on the bills you can read them understand them click through to the links on

00:26:42.020 some of the reporting on the major things going around here in washington and also back home in florida

00:26:47.460 and of course make sure you're subscribed with notifications turned on we'll be back soon roll the credits

00:27:01.300 we'll be back there

00:27:07.780 BRIAN

The Anchormen Show with Matt Gaetz - February 01, 2024

Episode 147 LIVE： Welfare In Drag – Firebrand with Matt Gaetz

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