The Glenn Beck Program - Best of the Program ｜ Guest： Daniel Horowitz ｜ 2⧸21⧸25

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00:00:30.000 There's a lot to cover on today's podcast.

00:00:33.000 We give you the rundown of everything that has been happening in the last 24 hours and some things that really need to be said.

00:00:43.500 Also, Daniel Horowitz is talking about tax cuts and the weaselly Republicans and the vote they had last night.

00:00:52.060 And so much more all on today's best of podcast.

00:00:55.420 If I could catch hope in a jar and put a lid on it and then give it away, I would.

00:01:00.580 Our nation has been far too short on hope, especially when it comes to the economy and our personal finances.

00:01:06.640 Maybe things are finally starting to get better.

00:01:08.800 Maybe we're going to have more trouble before it gets better.

00:01:11.480 We have a lot of debt we have to pay.

00:01:13.720 We've made a lot of really bad mistakes.

00:01:16.340 But now that we have good leadership in office, you know, it's going to be a little less worrisome, maybe a little more hope.

00:01:23.720 But you are still in charge of your own personal economy.

00:01:27.460 Here's the hope I can give you.

00:01:29.180 A sincere recommendation to give American Financing a call because they work for you, not the bank.

00:01:35.240 They're salaried employees.

00:01:36.800 When you call them, they're going to shoot straight with you, maybe take 10 minutes just to get started.

00:01:42.940 And they're saving the average listener of this program just around an average of, what, $836 a month.

00:01:50.520 That's like giving yourself a $10,000 raise.

00:01:53.060 That's a little deposit in the Hope Bank, isn't it?

00:01:57.080 Start today.

00:01:57.940 You might even be able to delay up to two mortgage payments, which can help get you even further ahead.

00:02:02.260 Don't take my word for it.

00:02:03.400 I always tell you, and I mean it every time.

00:02:05.600 Do your own homework.

00:02:07.060 Don't take anybody's word for it.

00:02:08.840 You're smart enough to figure out if it's right for you.

00:02:11.440 American Financing, 800-906-2440, 800-906-2440, or go to AmericanFinancing.net.

00:02:27.220 You're listening to The Best of the Glenn Beck Program.

00:02:31.180 Let me just go over some of the news that has happened since we last met, get you caught up on everything.

00:02:38.180 Reuters is reporting that Trump's approval has slid from 44 to 44 from 47 because jobs and inflation are punching folks in the gut.

00:02:50.280 Okay, yes, unemployment has crept up to 4.2%.

00:02:55.020 Grocery bills are like a bad X that just won't go away, and people are jittery a bit.

00:03:01.240 It's not a meltdown, but it is Trump able to catch some flack on this.

00:03:07.740 Some are saying it's his tariffs.

00:03:09.980 Others are saying, you know, it's Congress that's all talk and no action.

00:03:14.660 The air in D.C. is thick with tension, but here's the deal.

00:03:19.180 America, Washington isn't, nor should it ever be, your sugar daddy.

00:03:24.140 Trump's swinging at a system so fat that the system can't even move to get out of the way.

00:03:30.260 Here's the real deal.

00:03:31.880 We have trashed our economy for decades, and then we added a wrecking ball to the rest of it for the last four years.

00:03:40.140 As I have said, for all during the election, for sure, it is going to sting and hurt before it heals.

00:03:49.260 Think 1970s gas lines only, with worse, coffee.

00:03:54.880 Help your neighbor whenever you can.

00:03:57.100 Look for people who are in need that you can help.

00:03:59.980 Stock your pantry, because if we want the feds off our backs, we've got to step up and not take any shortcuts.

00:04:06.800 Washington Post is reporting Trump and Musk are selling the Department of Government Efficiency, Doge, like it's the next moonshot, aiming to carve out hundreds of billions in waste and toss 20% rebates our way.

00:04:20.920 Agencies today are sweating bullets.

00:04:24.060 Details are sketchy, but it is a gut punch to the bloated beast in Washington.

00:04:29.800 Is it bold?

00:04:30.960 Yes.

00:04:31.560 Is it what we asked for?

00:04:32.920 Yes.

00:04:33.420 This is the government getting a long overdue haircut, and Musk is holding the clippers.

00:04:39.940 In fact, yesterday at CPAC, it wasn't clippers.

00:04:42.860 It was a chainsaw given to him by the president of Argentina.

00:04:47.720 They're not just trimming the fat.

00:04:50.120 They're promising a chunk of our own money back as well.

00:04:53.280 But here's the kicker.

00:04:54.820 Do not cash that check and run.

00:04:57.560 We are drowning in $36 trillion of debt.

00:05:01.520 Stick it in there instead.

00:05:05.180 I like Trump's latest idea.

00:05:07.240 It helps kind of everybody.

00:05:08.740 When we get a trillion in cuts, 20% goes back to you.

00:05:12.680 20% goes to the debt and 20% to reduce the deficit.

00:05:18.040 Yesterday, Trump demanded what's ordinary for you and me, but something that's almost as mythical as my little pony in Washington, D.C.

00:05:27.120 He demanded a balanced budget.

00:05:30.660 Whoa.

00:05:32.140 It will be up to us to support and demand lawmakers here and adhere to what all of us have asked for for decades.

00:05:40.220 Paying down the debt and cutting the deficit to zero.

00:05:44.000 It's not real sexy, but it's a grown-up move.

00:05:47.800 Less waste, more backbone.

00:05:49.840 That's the win.

00:05:52.500 In the Times, Zelensky begging for a BFF vibe with Trump's crew, but a ditched briefing and some U.S. side-eye say otherwise.

00:06:03.100 His team met with Trump's envoy, then ghosted a presser after whining about hardball talks. 0.93

00:06:09.360 Washington told them to drop the dictator trash talk. 0.55

00:06:13.060 It's a little chilly, not full-on feud, but the cracks are showing Trump is not here to play global babysitter.

00:06:23.140 Those days are and should be over.

00:06:28.080 Ukraine has its own mess.

00:06:31.540 We don't need to mop it up.

00:06:33.080 When will the media and the Lindsey Grahams of the world and the Democrats begin to care about where the $100 billion or more we shipped over there that just went poof, vanished like a Vegas magic act?

00:06:49.520 Zelensky has said that maybe half of the U.S. money didn't arrive.

00:06:54.520 Where is it?

00:06:55.340 Also, we now know that the U.S. arms that we sent to Ukraine, some of them are vacationing on the Mexican border in the hands of the cartels.

00:07:05.560 Nobody's asking, and that's the real scandal.

00:07:09.300 America's wallet isn't a bottomless pit.

00:07:11.780 It is time we close it.

00:07:13.700 The Washington Post reporting, America's corruption perception index craters from 69 to 65, which makes us 28th worldwide.

00:07:26.880 Now, America's corruption perceptions index, they say that's thanks to juicy scandals like Clarence Thomas and his secret billionaire getaways.

00:07:36.220 Is that the real deal?

00:07:38.540 Here's the actual story.

00:07:40.440 And this is a truth that the Washington Post will never, ever cover.

00:07:45.780 Transparency International.

00:07:47.640 They're the ones who issued this report.

00:07:50.000 They're the scorekeeper.

00:07:52.060 Hmm.

00:07:52.620 It's interesting because a quick search now, you can find out they rake in 80 million euros from the U.S. state, the EU, and the WEF cronies just last year.

00:08:06.840 X is screaming, deep state hit job.

00:08:10.440 TI conveniently skips the Dobbs leak, the Trump legal gauntlet in D.C., Georgia, what was happening there, what happened in New York, and the January 6th pro-life setups.

00:08:21.600 It's only about the conservatives on the court.

00:08:26.180 Hmm. 0.99

00:08:26.740 Smells like the same rotting trash they began to shovel after J.D. Vance's speech last week in Europe. 0.87

00:08:32.100 Transparency International is nothing more than deep state PR.

00:08:37.440 They are bankrolled by the same clowns, the WEF, the State Department, along with all the other usual NGOs that Doge is now finding, are funding and financing with taxpayer dollars.

00:08:50.100 All of those who loved a rigged game and the government-funded propaganda, honestly, it would make Goebbels blush. 0.88

00:08:59.840 Trump's courts are slugging it out.

00:09:03.020 But transparency, what is it, transparency international?

00:09:08.780 It's blind to the real dirt, the witch hunts and leaks galore.

00:09:12.620 But this isn't about justice.

00:09:14.200 It is a power grab dressed up as a report card. 0.94

00:09:18.160 Europe and the global media need to understand that we are not stupid and we are not buying it. 0.97

00:09:23.860 The time of lies is over. 0.86

00:09:26.620 Thank God for AI, which at least now is proving its worth, on giving us complete transparency.

00:09:34.340 You're not going to be able to hide the money and your lies anymore.

00:09:39.240 Reuters.

00:09:40.100 Cash Patel in as FBI director, squeaking by 51 to 49.

00:09:45.760 The GOP is pumping its fish for his reform swagger.

00:09:50.320 Democrats cry, Trump goon.

00:09:52.260 Collins and Murkowski bolted, but he's still locked in, promising to gut headquarters of the FBI.

00:09:59.520 Axe deep and zero in on all the crime first that they were committing.

00:10:05.460 Eight top dogs are already out the door at the FBI and he's got a list and he's checked it twice.

00:10:11.180 All of the agents of January 6th.

00:10:13.380 X is a war zone today.

00:10:15.200 Half cheering, half melting down.

00:10:16.900 The real meltdown will happen when cash comes in next week and delivers the Epstein client list

00:10:24.160 and begins to expose what Washington intel and media told Americans were just simply conspiracy theories.

00:10:32.540 If I were Adam Schiff, I might begin to liquidate some of those stocks that you've done so well with, Adam.

00:10:38.160 By the way, Patel is not going in to play nice.

00:10:48.380 He's the wrecking ball the FBI has been begging for.

00:10:52.860 The Swamp's built a fortress in that agency and he's kicking down the front gates.

00:10:58.040 Eight suits are gone already and that's just the warm-up.

00:11:03.260 This is not about loyalty oaths.

00:11:05.800 It's about yanking power back from the shadows and placing justice where it belongs. 0.83

00:11:12.680 The rats are scurrying.

00:11:15.020 Good.

00:11:15.580 Let them run.

00:11:17.060 Their cheese hasn't just been moved.

00:11:19.260 It was taken away.

00:11:20.600 It's going to be very interesting to see how hungry and these terrified rats begin to eat one another.

00:11:26.680 Justice Department has dropped bribery crackdown.

00:11:31.280 Trump's POV raises questions, according to the news media.

00:11:35.160 Reuters said that.

00:11:36.980 Trump's DOJ in the story is hitting pause on the Foreign Corrupt Practices Act,

00:11:43.140 slicing overseas bribery probes by 30% from 2024's pace.

00:11:48.620 The critics are yelling, open season.

00:11:51.140 Trump's squad calls it an unshackling of business.

00:11:54.500 Fewer audits, lighter fines.

00:11:57.140 Trump's side is saying that they view the Foreign Corruption Protection Act as a job killer,

00:12:03.560 strangling U.S. firms while China cheats freely.

00:12:07.780 By the way, did China ever pay a price at all for the bribery of our government officials 0.65

00:12:12.800 all the way up to and including our former president?

00:12:17.320 X at real Scott Ritter smells cronyism.

00:12:21.120 Fair point, but I think it's murky at best.

00:12:23.120 Maybe it's growth first, you know, not global cop duty, but the optics are iffy on this one.

00:12:29.780 I don't know exactly what the truth is on this one yet, but we'll find it.

00:12:33.580 I do know this.

00:12:34.200 When the feds ease off, it's usually a breather for the little guy.

00:12:37.640 But again, without real time spent looking into the dark corners on all sides, this one still feels a little weird.

00:12:45.520 Trump's all about fair fights, not buddy-buddy deals.

00:12:49.200 But if this is a wink to his pals, it's a misstep for the president and the first one.

00:12:55.220 But I'm not sure. 0.99

00:12:57.140 China is dirty. 0.97

00:12:58.860 Sure, $14 billion in shady deals last year alone. 0.98

00:13:04.580 But justice doesn't bend for convenience.

00:13:08.140 Keep it straight or we're no better off than we were and we're no better than the other side.

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00:14:11.140 Now, back to the podcast.

00:14:12.820 This is the best of the Glenn Beck Program,

00:14:14.780 and we really want to thank you for listening.

00:14:16.380 Daniel Horowitz.

00:14:20.940 This guy stands guard on the Constitution and our money and our medicine and everything else, 24-7.

00:14:27.660 Daniel, how are you, sir?

00:14:29.740 Well, I'm doing all right, Glenn, but it's deja vu once again.

00:14:33.720 Yeah.

00:14:33.900 So, first of all, is there any bright side to what is happening with the budget?

00:14:43.560 Well, I mean, I guess they're planning on cutting a few hundred billion, so it's better than nothing.

00:14:49.920 Although it should be pointed out that Republicans are going to spend another few hundred billion that I think we all say we want.

00:14:57.760 The military, immigration enforcement, and then, you know, $4.5 trillion to extend the tax cuts.

00:15:04.300 There's another $2 trillion to enact Trump's new proposed tax cuts, which, you know, I think we shouldn't treat as spending.

00:15:12.320 But do remember, in the short term, we do have to print more money to deal with the deficit.

00:15:18.240 And I think this is the overall problem that Republicans always get themselves into.

00:15:24.920 When Democrats aren't in power, we all sound the same.

00:15:27.760 Oh, it's terrible.

00:15:28.660 Biden inflation.

00:15:29.480 Look what they're doing.

00:15:30.620 But then when Republicans get in, we're not on the same page, and they don't understand the mutual exclusivity of their arguments.

00:15:38.420 This is literally Obamacare 2.0.

00:15:40.940 They hated Obamacare, except they loved the aspects of it that made it expensive.

00:15:46.440 So same thing here.

00:15:47.520 Everyone hates inflation, except they don't want to actually reform or cut anything that's driving it.

00:15:54.140 And right now, we're at a point where we cannot achieve our parents' standard of living right now.

00:16:00.920 It is that bad.

00:16:02.580 According to BLS, we're spending, a family of four, about $15,000 more a year than pre-COVID.

00:16:11.260 Remember, the average family got about $11,000 in stimulus checks.

00:16:16.020 That sounded nice.

00:16:17.340 But they're now paying $15,000 more every single year.

00:16:21.960 Oh, and I forgot to tell you that over the next 10 years, there will be $89 trillion in spending, $22 trillion in deficits.

00:16:28.920 And that assumes that there won't be a recession, 2.8% sustained growth, no wars and no disasters.

00:16:35.960 So that's what we're facing now.

00:16:38.540 That's unsustainable.

00:16:40.340 I mean, here's what nobody is talking about.

00:16:43.000 First of all, the spending will lead to more inflation.

00:16:49.880 We have got to get the spending under control.

00:16:53.240 We also have to cut the regulation.

00:16:55.760 We have to cut taxes and make them better than any place else in the world.

00:17:01.640 We have to get serious or we are at the doorstep of the funeral home.

00:17:12.560 We're already there.

00:17:13.960 We're walking towards the casket.

00:17:16.520 You cannot keep funding our debt.

00:17:20.360 No one wants our debt anymore.

00:17:23.060 And so interest rates on the debt are already at $1 trillion a year.

00:17:29.320 If we don't change our course, it'll be $1.5, $2 trillion, $3 trillion a year.

00:17:35.880 And then it's an out-of-control death spiral.

00:17:39.240 No, exactly.

00:17:40.040 And people forget at the very time where we have record treasuries to offload on the market, the new ones, but also a third of our existing debt is rolling over at higher rates.

00:17:53.060 And precisely at that time, there's decreased demand.

00:17:56.120 Central banks are buying up gold.

00:17:57.840 China and Japan are moving away from our treasuries. 1.00

00:18:00.560 So we could set the federal funds rate to zero all we want, but at the end of the day, the treasuries, the yields are moving in the opposite direction.

00:18:09.740 So I think Republicans have a golden opportunity, unlike a generation ago where people didn't see the pain.

00:18:16.500 It was a futuristic thing.

00:18:17.780 And let's face it, no one cares about their kids and grandkids, even though they say they do.

00:18:21.640 But this is a now problem.

00:18:23.840 And I think Republicans have failed to communicate and complete their sentences that what is causing the current and future inflation are these very programs.

00:18:36.500 So when they say, oh, well, I don't want to cause any pain to my district, the pain of the cost of living is greater than the amount of subsidies they're getting in welfare.

00:18:47.960 They've got to be honest.

00:18:49.600 But I'll tell you, Glenn, this notion that there is this free pot of trillions of so-called waste, fraud, and abuse divorced from significantly devolving, reforming, or cutting major programs is simply not true.

00:19:08.680 We're lying to ourselves, we're lying to ourselves, and we're setting us up for failure.

00:19:12.480 Well, that's, I mean, the one hope that I have, because I'm seeing the cuts, and we're not anywhere close to a trillion, and we should be cutting about $2 trillion.

00:19:24.220 At bare minimum, we should be cutting $2 trillion from the budget, and not over 10 years, over this year, or we're just not going to make it.

00:19:35.280 The one thing that I do have hope for is that maybe we're going to start really shutting down agencies, which is not going to cut $2 trillion, but it will begin to make significant impacts toward a trillion and $2 trillion.

00:19:54.180 We've found all of the DEI stuff.

00:19:57.360 We're not going to find, you know, half a trillion dollars in that.

00:20:01.120 We're just not.

00:20:01.900 Sure.

00:20:02.600 And we're not going to find, you know, things like USAID.

00:20:07.280 We're not going to find those everywhere.

00:20:09.080 I was a little disappointed in the statement from the Pentagon yesterday that we're not going to make cuts.

00:20:16.420 We're going to reinvest.

00:20:18.040 We have to make cuts in everything.

00:20:22.240 Everything.

00:20:22.680 There cannot be a sacred cow.

00:20:26.320 No, and especially if you want to fulfill the president's promise to kind of wall off Social Security and Medicare, you could do that.

00:20:35.020 But then you really, really have to go aggressive on education, housing, transportation.

00:20:40.560 It should all be state and local function.

00:20:42.220 And then obviously Medicaid and food stamps.

00:20:45.500 Trump's message, if I were him, would be, look, we're going to get rid of the foreign labor that's driving down wages. 1.00

00:20:50.820 Get the four and a half million Americans that are out of the labor force, working age, come back, join our economy, lower regs, lower taxes. 0.57

00:21:00.740 But we are going to ease off welfare.

00:21:03.420 There is no shortcut to that message.

00:21:05.900 You need wholesale health care reform, the way we approach health care.

00:21:10.540 See, the waste, fraud, and abuse in Medicare and Medicaid is not a bug but a feature.

00:21:16.080 It's the third party gristing this, you know, the middleman.

00:21:21.620 We've got to cut out the middleman.

00:21:23.880 But if you want to maintain the current structure, the notion that you could have painless just, you know, condoms in Gaza causing inflation, that's not it.

00:21:34.520 Those are policy problems.

00:21:36.460 Foreign aid is a policy problem.

00:21:38.120 Illegal immigration is a policy problem that does have a fiscal cost.

00:21:42.240 But that's not fundamentally where the money is.

00:21:45.920 And I think some people are being very dishonest and they're setting themselves up for failure.

00:21:50.940 Hence, when Republicans come to actually craft a budget, we can't even get them on board for $1.5 trillion in cuts over 10 years.

00:22:01.500 You know, Donald Trump asked yesterday, I believe it was, for a balanced budget.

00:22:05.740 He said, I want a balanced budget.

00:22:06.980 And this is so far away from a balanced budget.

00:22:11.460 I wish he would go.

00:22:13.280 I wish he would start pushing the political nuclear buttons on members of Congress.

00:22:19.160 He has the clout right now.

00:22:21.880 He has the nation's attention.

00:22:25.680 And he has the attention of the GOP.

00:22:29.960 They know the Mitch McConnells in the world have no power left.

00:22:34.240 It's all gone to Donald Trump.

00:22:36.520 Now is the time to start saying, Congress, I'm going to explain to the American people that you can't find these cuts.

00:22:47.120 You have to find these cuts now.

00:22:50.660 He needs to be step up to the table and be the Donald Trump that he's being everywhere else.

00:22:56.020 Why isn't he?

00:22:56.800 You know, this, to me, was the one black hole that we saw in the first administration, where he'll signal in the executive branch, and not just signal, but starting to implement this vision that we're talking about.

00:23:10.940 The cuts to the federal workforce reflect this sort of vision.

00:23:16.520 Yes.

00:23:17.180 But then what he needs to do is then connect the dots to legislative affairs and make it clear that this is the budget I want to come up beside it.

00:23:26.400 And then he's got to threaten primaries against those guys, not the Freedom Caucus guys, because what winds up happening is the opposite.

00:23:35.100 He kind of leaves it to Congress.

00:23:36.620 Well, if you leave it to them, you know, the bad guys are going to change.

00:23:39.460 Yep.

00:23:39.620 Yeah.

00:23:40.220 So then they come to him and say, oh, I got a deal.

00:23:42.420 And then the Freedom Caucus balks at it and he yells at them.

00:23:45.820 That's got to change, because otherwise they're about to fund so many of the things that he started to cut.

00:23:53.840 Which is why, I mean, we cannot, we won't survive if he doesn't, and the time to do it is right now, push Congress up against a wall.

00:24:06.300 Um, because the minute he leaves in three and a half years, three years and, you know, 11 months, the minute he leaves, and if we lose to somebody who is not the same mindset, all this stuff is over.

00:24:22.380 It's just reversed.

00:24:23.300 And the country cannot take these swings this far back and forth.

00:24:29.400 No, absolutely not.

00:24:30.600 And part of the reason why we are where we are is because Republicans always had pay go.

00:24:36.580 They always said they have offsets.

00:24:38.420 But what they would do is when they're in power, they would back load the savings and front load the increased deficit spending or, you know, whether it's tax cuts or whatever.

00:24:46.660 And then Democrats inevitably come in, erase that with interest, and you're left with the bad and not the good.

00:24:52.840 So, I mean, this is why you either have to front load the cuts or at least front load structural reforms or devolution to the state in a way that makes it harder for Democrats to claw back.

00:25:04.420 One quick idea I'd love to pitch is, you know, Trump doesn't want to deal with the debt ceiling.

00:25:09.560 One way to deal with that is devolve it to the state.

00:25:11.940 And Congress passed a law that, okay, we're going to increase the debt ceiling now, but the next time you need two-thirds of the state legislatures to do it.

00:25:21.820 They'll never do it.

00:25:22.240 So that would bring the fight to the grassroots in the red states and finally make us make those decisions.

00:25:29.680 Yes, Democrats could come in and claw that back. 0.86

00:25:31.960 But once you give that to the states, it's a lot harder to do.

00:25:35.420 We need enduring victories this time.

00:25:38.700 You're listening to the best of the Glenn Beck Podcast.

00:25:41.460 Hear more of this interview and others with the full show podcast, available wherever you get podcasts.

00:25:47.800 Hey, I've got good news for you.

00:25:49.580 It's Friday.

00:25:51.220 Welcome.

00:25:52.100 Glad you're here.

00:25:53.760 Did you hear the economic advisor to Trump, Kevin Hassett, on tariffs and tariffs replacing the income tax?

00:26:02.820 Listen to this.

00:26:03.280 Cut 10.

00:26:04.140 President Trump has spoken about replacing income tax with tariff revenue, especially with all this waste, fraud, and abuse that we're seeing cut.

00:26:11.220 Is that a possibility?

00:26:13.260 Absolutely.

00:26:13.940 And in fact, if you think about the China tariff revenue that we're estimating is coming in from the 10% that we just added, plus the de minimis thing,

00:26:23.640 that it's between $500 billion and $1 trillion over 10 years is our estimate.

00:26:28.120 And that's something that is outside of the reductions that markets are seeing through the negotiations up on the Hill.

00:26:34.400 And so we expect that the tariff revenue is actually going to make it much easier for Republicans to pass a bill.

00:26:39.560 And that was the president's plan all along.

00:26:41.300 Okay.

00:26:43.780 All right.

00:26:44.700 Okay.

00:26:45.260 Help him pass a bill.

00:26:46.500 That's okay.

00:26:47.340 Good.

00:26:47.740 That's good.

00:26:49.100 But abolishing the IRS and the income tax, that was the real question here.

00:26:54.080 And I know Trump is talking about it.

00:26:56.280 He wants to abolish the IRS.

00:26:58.880 And let's just...

00:26:59.840 Do we have the...

00:27:00.540 Do we have the porn music? 0.62

00:27:02.200 Because that is...

00:27:02.980 No, no, no.

00:27:03.260 Come on.

00:27:03.780 Don't find it.

00:27:04.420 Why didn't you delete it?

00:27:05.740 It's a Friday.

00:27:06.520 Yeah, baby.

00:27:07.320 Why didn't you delete this, Sarah? 0.96

00:27:08.620 You're a bad person. 0.74

00:27:10.040 You're a bad person and people are judging you for what you have done. 1.00

00:27:13.000 I'm taking that big, long knife. 0.99

00:27:16.060 You want this?

00:27:17.220 To the IRS, baby.

00:27:19.600 Mmm, yeah.

00:27:21.080 This is Sarah's fault.

00:27:22.180 This isn't even Glenn.

00:27:22.900 I don't even hold Glenn responsible for this weird mess.

00:27:24.820 All right, stop. 0.96

00:27:26.240 I mean, that's conservative porn, man. 0.95

00:27:28.160 Getting rid of the IRS. 0.92

00:27:29.960 That would be...

00:27:30.880 Yeah.

00:27:31.580 It would be unbelievable.

00:27:32.520 However, let's keep things in perspective here.

00:27:38.660 The tariffs, I mean, I'd like to see the actual numbers on the tariffs.

00:27:44.260 And look, if he could abolish the IRS and cover our spending with tariffs and not go to world war,

00:27:55.940 man, you strap me to the outside of a Musk rocket.

00:28:02.520 Okay?

00:28:03.020 And I'll scream all the way up, I was wrong!

00:28:07.420 I'll do that.

00:28:08.580 Okay?

00:28:09.020 And I'd happily do that for my children.

00:28:11.800 It might be worth passing the policy just to see it.

00:28:14.620 Honestly.

00:28:15.240 Right.

00:28:16.060 And if that would happen for my children, again, it would be worth it.

00:28:19.640 But I just don't think that we're there.

00:28:24.260 It is a great thing to shoot for, but I want to see a trillion dollars from Doge.

00:28:32.880 I mean, an actual trillion dollars from Doge before I begin to say anything.

00:28:38.220 We are, what is the new budget that some of them are talking about is like four trillion dollars over?

00:28:46.260 I think it's three, yeah.

00:28:47.120 Three?

00:28:47.700 Mm-hmm.

00:28:47.900 Okay.

00:28:48.240 So you have to cut.

00:28:50.740 You cannot have three trillion dollars in borrowing.

00:28:55.060 You just can't do it.

00:28:56.540 That used to be wartime catastrophic economic collapse type of stuff.

00:29:02.020 In fiction novels.

00:29:03.080 Right.

00:29:03.560 And now we're just there all the time.

00:29:05.000 Right.

00:29:05.100 I will say this, Glenn, and you know this about me, I'm about as anti-tariff as anybody.

00:29:10.640 Yes.

00:29:10.920 Right?

00:29:11.160 Like I am, you know, Scott Lincecum, if you know him, I'm basically Scott on tariffs.

00:29:16.840 I'm against them.

00:29:17.800 I don't like taxes.

00:29:18.820 He doesn't even like terraces.

00:29:20.240 No.

00:29:20.640 No.

00:29:20.860 I don't like tariffs.

00:29:21.620 I don't even like Paris.

00:29:22.860 No.

00:29:23.200 He doesn't.

00:29:23.340 He doesn't.

00:29:23.640 It rhymes with tariffs.

00:29:25.280 I don't like it.

00:29:25.540 Yeah, he doesn't like it.

00:29:26.100 However, I've been relatively muted in my criticism of these tariffs.

00:29:30.400 And what he just said is part of the reason why these tariffs, which come along with these

00:29:38.180 tariffs and economic projection of revenue, right?

00:29:42.920 As he said, like, oh, we're going to bring in $500 billion in the next.

00:29:48.020 Now, is that really going to happen?

00:29:49.800 I don't know.

00:29:51.120 What tends to happen if you have a long term tariff is that companies that don't want

00:29:56.680 to deal with that tariff move to other places, and there are cheaper places than China to

00:30:00.900 make these goods, and they wind up coming shipped in from a different country, and you're chasing

00:30:04.600 the tariffs.

00:30:05.200 There's all sorts of issues with those projections.

00:30:07.120 However, what you need in a reconciliation bill to pass a reconciliation bill is a balanced

00:30:13.620 budget on the bill and actually lowering the deficit.

00:30:15.960 Yes.

00:30:16.120 So if he can put in that bill and have economic projections that help that bill get across

00:30:21.620 the finish line, what we might see is actual legitimate tax cuts, sort of based on, I would

00:30:28.540 say, a gimmicky approach, but one that may very well be needed, especially when you don't

00:30:32.640 get the scoring that you want.

00:30:34.100 So I do think that is part of the strategy here and why he's launched those so early without

00:30:39.600 even, at times, giving these countries a chance to talk, right?

00:30:44.600 Like, I mean, he's kind of fired these things out there really quickly, and he just admitted

00:30:50.740 it, but my suspicion the entire time was part of this is going to be scoring for this reconciliation

00:30:55.320 bill that's right around the corner.

00:30:56.840 Yes.

00:30:57.100 Which needs to get done relatively quickly.

00:30:59.160 So I do think that's part of it, and I understand that strategy quite a bit. 0.97

00:31:02.240 I wish the Republicans had the cojones, which I think is French for marbles, to actually 0.85

00:31:12.540 stand up and cut the spending and the income tax and the capital gains tax and the business 0.98

00:31:22.560 tax, 15-15-15.

00:31:26.620 That's higher than zero, I'm hearing.

00:31:28.700 I don't know why it's higher than zero.

00:31:30.360 No, no, no.

00:31:30.980 I'd like it to be zero.

00:31:32.460 Can we get it to zero?

00:31:33.300 No, no, no.

00:31:34.400 Again, do I have to play the music for getting to zero?

00:31:37.320 No, no.

00:31:37.980 I am all year.

00:31:39.120 See, he doesn't even have control with the music.

00:31:41.040 You're oppressing.

00:31:41.540 Let's get to zero.

00:31:44.020 This is very disturbing.

00:31:45.240 So even Tanya is vomiting right now. 1.00

00:31:48.760 She's like, okay, anyway.

00:31:52.020 So I'd like to get to zero.

00:31:54.480 But imagine if we had 15% corporate rates, 15% income tax, 15% capital gains tax.

00:32:04.540 That is a huge, a massive cut.

00:32:07.860 By the way, no matter how high the taxes are, you always, always, it returns about 17% back

00:32:19.620 to the treasury.

00:32:21.560 Of GDP.

00:32:22.300 Yeah.

00:32:22.560 So you get 17%.

00:32:24.500 No matter if you have 25% or 95%, it's always a return of about 17%, 17% to 19%.

00:32:34.220 So, you know, why we don't have a flat tax of just 17% when you're talking about 15% for

00:32:40.980 everybody, and it's just locked in.

00:32:42.320 It's just 15%.

00:32:43.480 When that happens, your money stays with you.

00:32:48.020 Your money stays with people investing.

00:32:51.000 You are not punished for investing in things through capital gains.

00:32:56.140 15%?

00:32:57.360 Okay.

00:32:57.980 I still think that's absolutely unreasonable.

00:33:00.660 That one should be zero.

00:33:01.980 I've already paid taxes on that money once.

00:33:05.220 You're going to double tax me now?

00:33:07.620 No.

00:33:08.700 But if that's what we have to do to get movement, that would spur on the economy.

00:33:14.720 What I'm not seeing enough of, and I know it is happening, and I know the president knows

00:33:21.920 this has to happen faster, and it has to happen within the first 100 days, is massive cuts

00:33:28.740 in regulation, massive cuts in taxes, and massive cuts in spending.

00:33:39.380 If we can get that trifecta, we save the nation for our children.

00:33:46.040 It will be tough, but it won't be tough.

00:33:48.620 The thing about the tariffs that we fail to look at is if we have tariffs, and let's say

00:33:56.540 they're 25% tariffs, whatever they're inflicting on us, we inflict on them, okay?

00:34:02.580 But we say, if you build it here, however, you're only going to pay a 15% income tax, which

00:34:07.980 they can't get anywhere else.

00:34:09.580 You won't get a 15% income tax for a corporation anywhere else in the world.

00:34:15.320 They will begin to return jobs here.

00:34:18.660 So we not only get the boost of people having more money to reinvest, you also have those

00:34:26.100 foreign countries, because of the tariffs, saying, let's just build it in America, because

00:34:31.780 we're going to make more money building it in America than we would in Europe or any place

00:34:36.120 else.

00:34:36.400 Just build it in America. 0.97

00:34:38.720 That actually builds a country for the future.

00:34:45.040 And this is why that policy is better than trying to tariff your way into the same solution.

00:34:49.920 Because if you lower the rates, companies come because they want to come here because

00:34:54.840 they have lower rates, and getting the benefits of being in America.

00:34:57.280 Obviously, you can find some really low rates in countries you don't want to necessarily

00:35:00.720 be in.

00:35:01.160 Yes.

00:35:01.640 But you come to America, you get that rate.

00:35:03.440 You bring the companies here.

00:35:05.300 So that's one of the goals, right?

00:35:07.040 And then in addition, you get that tax revenue here, right?

00:35:10.660 Yes.

00:35:11.280 The issue with tariffs is you get one or the other.

00:35:13.720 If your policy to bring people here succeeds, you lose the revenue from the tariffs. 1.00

00:35:18.580 Correct.

00:35:19.340 If you keep the tariffs high and get that revenue, they don't come back here.

00:35:23.440 Correct.

00:35:23.760 So that is why that policy gets both.

00:35:26.440 Right.

00:35:26.640 It's like taxing tobacco out of business and putting all of those taxes to health care.

00:35:35.220 Right.

00:35:35.720 Well, if it works, you won't have any money for health care.

00:35:39.100 You know what I mean?

00:35:40.200 And so if the tariffs work, you won't have a lot of tariffs because people will bring 0.95

00:35:45.240 their...

00:35:45.640 But it's a win-win because if you lower the income tax, they bring their companies here.

00:35:51.680 You don't have that tariff blocking, but you're taking 15% and 15% from all of the workers in

00:36:00.100 these corporations as well.

00:36:02.080 That's the win.

00:36:03.860 And that's what Trump, I believe, is trying to do.

00:36:07.240 I mean, he said before that he would like all tariffs to be zero, even though he says

00:36:11.560 also he really likes tariffs.

00:36:13.180 I think he likes what they accomplish, not necessarily raising taxes on people.

00:36:17.580 He doesn't like doing that, obviously, but he does like the idea of fairness.

00:36:23.140 And that's why the reciprocal tariffs, I think, really work for him, you know, where he can

00:36:27.640 say, look, I'm not trying to tax you guys out.

00:36:30.100 I don't want my people to pay more for stuff.

00:36:32.520 What I want, though, is it to be fair.

00:36:34.780 And that is something that's hard to...

00:36:36.900 It's hard to argue with.

00:36:38.360 It's hard to argue with.

00:36:39.080 Again, you know, you can, but still...

00:36:41.420 Oh, they will.

00:36:41.960 But it's a sensible thing because it also incentivizes them to lower theirs.

00:36:46.700 You know, I mean, I think we can...

00:36:47.860 I mean, we are the number two exporter in the world.

00:36:51.000 Outside of China, we are the number two.

00:36:53.100 We were number one for a long time.

00:36:54.360 We're now number two.

00:36:55.640 But it's not like we don't sell products to the rest of the world.

00:36:58.360 There's no reason we should be penalized.

00:37:00.440 And there's no reason we should be penalized in a higher level than the people that are

00:37:06.680 importing stuff to here.

00:37:08.060 All right.

00:37:08.460 You know, that's just, you know, that makes sense.

00:37:10.040 Because our politicians have convinced our nation and its people that, you know, we have it

00:37:17.360 too good.

00:37:18.360 We have it too good.

00:37:19.040 We got to give other people a shot.

00:37:21.220 Well, yeah, I don't have a problem with that.

00:37:23.180 You know, you fix your country and you make it so business wants to come there. 0.81

00:37:27.760 That's healthy.

00:37:28.500 Let's do that.

00:37:29.300 That's fine.

00:37:30.520 But I'm not going to destroy our country so somebody else can get ahead.

00:37:36.160 That doesn't make any sense.

00:37:37.420 I just want fair.

00:37:38.760 That's all I want.

00:37:39.920 Whatever you're charging us, we charge you.

00:37:43.260 That's totally fair.

00:37:45.240 Understandable instinct.

00:37:46.180 Yep.

00:37:46.320 Na, na, na, na.

The Glenn Beck Program - February 21, 2025

Best of the Program ｜ Guest： Daniel Horowitz ｜ 2⧸21⧸25

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