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<v Speaker 1>Five KERSD Talk Station. A very happy Thursday to you.

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<v Speaker 1>Always a good day when Congressman Moarre and Davidson returns

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<v Speaker 1>of the fifty five KRSE Morning Show. Congressman Davidson, welcome back.

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<v Speaker 1>It's a pleasure to have you on, as it always is.

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<v Speaker 2>Ran It's always an honor. Thanks, good to talk to you.

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<v Speaker 1>And first off, I got to give you a little

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<v Speaker 1>bit of earfull through George Brunneman, who didn't stick around

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<v Speaker 1>to the studio to give it to himself that he

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<v Speaker 1>was hoping that you could do a video for the

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<v Speaker 1>Restore Liberty Fiscal Sanity rally on Sunday. So there you

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<v Speaker 1>make your own decisions. I told him I would pass

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<v Speaker 1>it along and put you on the spot because they've kind.

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<v Speaker 2>Of a little I will find a way that sounds like

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<v Speaker 2>a great thing to do a video for.

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<v Speaker 1>Yeah, there's going to be a lot of them, including

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<v Speaker 1>I believe, I guess vivek Ramaswami is going to be

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<v Speaker 1>providing one and Bernie Moreno as well. So you're in

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<v Speaker 1>good company there and that's a that's a great organization,

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<v Speaker 1>Restore Liberty dot Us. All right, I've taken you off

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<v Speaker 1>the spot and putting you back in your role as

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<v Speaker 1>an elected official in Congress. I don't know which which

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<v Speaker 1>direction you want to start. You perhaps just gauging reaction

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<v Speaker 1>on the whole tariff situation. I guess everybody got all

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<v Speaker 1>their money back. Yesterday when Donald Trump said he was

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<v Speaker 1>sitting down with what seventy five countries expressed the desire

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<v Speaker 1>to negotiate and work out something, including Canada, that sounded like,

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<v Speaker 1>you know, they wanted to push down for maybe open

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<v Speaker 1>free trade, open trade, and maybe just get rid of

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<v Speaker 1>tariff's all together, but at least sitting down at the

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<v Speaker 1>table and talking about it resulted in this ninety day pause,

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<v Speaker 1>which the markets exhaled and went through the roof. Your

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<v Speaker 1>reaction to all this going on.

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<v Speaker 2>I love it when a plan comes together. You know,

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<v Speaker 2>people are like, oh, Trump folded like no, this was

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<v Speaker 2>its total bait the whole time, and it took this.

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<v Speaker 2>I mean the crazy thing is people were like, well,

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<v Speaker 2>why didn't he just get everybody to work together before? Well,

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<v Speaker 2>he tried his whole first term, and he told people

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<v Speaker 2>as he was meeting with them since since June of

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<v Speaker 2>twenty twenty three. He put out a video in June

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<v Speaker 2>of twenty twenty three saying exactly what he was going

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<v Speaker 2>to do on his campaign website, and then he got

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<v Speaker 2>an office and people acted surprise he did it. It's

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<v Speaker 2>like why would you? I mean, he says he's going

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<v Speaker 2>to do things, he does them in his campaign promises,

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<v Speaker 2>and this is one of them. And the big thing

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<v Speaker 2>that people didn't get about, why are you putting tariffs

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<v Speaker 2>on our allies? Well, one, they're not treating as fairly,

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<v Speaker 2>that's true, but the biggest thing is they refuse to

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<v Speaker 2>help with China. So what happened is China misplayed this badly,

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<v Speaker 2>and now we've built a coalition. We've set up the

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<v Speaker 2>opportunity to get the allies, our supposed allies, and the

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<v Speaker 2>people that came forward and said, well help. Part of

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<v Speaker 2>helping isn't just fixing your trade relationship with us, it's

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<v Speaker 2>fixing our collective trade relationship with China. China's been taking

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<v Speaker 2>advantage of everyone, stealing our intellectual property, blocking market access.

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<v Speaker 2>And part of why China has no leverage they don't

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<v Speaker 2>allow us access to their market. So, okay, put your

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<v Speaker 2>tariffs at whatever you want, but it's not going to

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<v Speaker 2>hurt us as much as our tearifts are hurting you,

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<v Speaker 2>and that's what you're seeing turmoil in the bond market

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<v Speaker 2>because China needs to keep selling off things to create

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<v Speaker 2>liquidity to hold their currency pegged love it's their currency

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<v Speaker 2>manipulation practice. So this is a well crafted play. It's

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<v Speaker 2>a big part of why Scott Bessant became the Secretary

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<v Speaker 2>of Treasury.

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<v Speaker 1>Yeah, and I was just going to bring Scott beston

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<v Speaker 1>up because yesterday he said, in response to that eighty

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<v Speaker 1>four percent additional tariff, China added because they're going the

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<v Speaker 1>opposite direction rather than negotiate something with us, they hoped

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<v Speaker 1>on a much bigger tariff. So what we're a one

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<v Speaker 1>twenty five and they're kind of close to that at

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<v Speaker 1>this point. But he said they may delist Chinese stock

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<v Speaker 1>from American exchanges. That would happen. That would be a herd,

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<v Speaker 1>that would sting.

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<v Speaker 2>Yeah, We've got a lot of tools that we could

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<v Speaker 2>use to go through China. I mean right now, that's

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<v Speaker 2>one of the things. And you know, honestly, China gets

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<v Speaker 2>special treatment to even be listed. Normally, you have to

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<v Speaker 2>be fully audited by a firm recognized by you know,

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<v Speaker 2>the New York Stock Exchange. For example, Masdak whatever, you

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<v Speaker 2>have credible audits. But China's stocks are essentially tracking stocks

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<v Speaker 2>because they're they're not going through the same level of scrutiny,

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<v Speaker 2>and so you could easily just hold the Chinese company

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<v Speaker 2>to the same standard as everyone else, and while they

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<v Speaker 2>would be delisted. We've got nearly three hundred thousand students

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<v Speaker 2>in the United States from China. America has about thirty

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<v Speaker 2>thousand students in China. So we go ahead and say, well,

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<v Speaker 2>you know, you can't study here. And honestly, China expects

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<v Speaker 2>their students to spy on Americans in order to be

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<v Speaker 2>eligible for the student visa. So you know, there are

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<v Speaker 2>all kinds of tools that we could use here. And look,

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<v Speaker 2>I think, honestly, Donald Trump, Scott Bessant, myself, and most

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<v Speaker 2>of my colleagues, we would love to have a friendly

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<v Speaker 2>relationship with the people of China. Chishi Ping, he's not

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<v Speaker 2>that kind of guy. He's not the same guy that

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<v Speaker 2>Doung Chaoping was. And that's the kind of deal that

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<v Speaker 2>happened that opened up China is you had kind of

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<v Speaker 2>this mindset that we can engage and bring China into

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<v Speaker 2>the fold. Now they may have been dishonest, the entire time.

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<v Speaker 2>But culturally the phenomenon in China is just radically different

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<v Speaker 2>under Chizhuping than it was under Hu Jintao. And you know,

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<v Speaker 2>if you follow anything much about China and who Jintao was,

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<v Speaker 2>the guy that chijupin purp walked out of the People's

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<v Speaker 2>Congress at the last time. He was the former president,

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<v Speaker 2>former leader, chairman of the Pennese Communist Party, and just

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<v Speaker 2>a very different kind of approach to foreign engagement. And

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<v Speaker 2>chijupinion is essentially like Mount mal Or.

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<v Speaker 1>I was going to say Stalin, but yeah, very so,

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<v Speaker 1>very reminiscent of the Soviet Union. If you disagree with

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<v Speaker 1>or represent some sort of threat to the leader, then

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<v Speaker 1>you tend to disappear and are used to be. They

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<v Speaker 1>eradicated you from photographs. Even I thought that using old

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<v Speaker 1>technology they could erase people's existence. Kind of very Orwellian.

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<v Speaker 1>Oh maybe that's why he wrote nineteen eighty four. Anyway,

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<v Speaker 1>turning over to the Senate budget resolution, which I saw,

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<v Speaker 1>Speaker Johnson canceled a vote yesterday evening on the Senate

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<v Speaker 1>budget proposal. Apparently there's some good holdouts in Congress that

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<v Speaker 1>want to get more promises of cuts. And my understanding

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<v Speaker 1>is the Senate proposal only cuts four billion over ten years,

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<v Speaker 1>which is like how much we spill on a daily basis,

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<v Speaker 1>and House Republicans were looking for more like two trillion

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<v Speaker 1>in cuts. Where are we on this?

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<v Speaker 2>Congressman Davidson, Well, I couldn't support the Senate version, and

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<v Speaker 2>honestly so, I was in negotiations with the Speaker, you know,

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<v Speaker 2>really all week, but we basically closed the doors and

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<v Speaker 2>sat there from like six pm until eleven last night

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<v Speaker 2>trying to negotiate some sort of way around this. The

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<v Speaker 2>Senate doesn't really want to be bound to the House's number,

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<v Speaker 2>and look, bad news doesn't get better with time. I mean,

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<v Speaker 2>if they say, oh, we can find the votes, well,

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<v Speaker 2>don't find the votes three months from now. Find the

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<v Speaker 2>votes now. And you know they're having a hard time

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<v Speaker 2>getting people in the Senate to commit to promising to

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<v Speaker 2>save money, let alone on final passage. When all the

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<v Speaker 2>deals put together, then there'll be a lot of pressure

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<v Speaker 2>to get it done because the tax cuts will have

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<v Speaker 2>been negotiated, the spending cuts will have been negotiated, the

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<v Speaker 2>debt ceiling limit will have been agreed to. And here's

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<v Speaker 2>the thing. The House said, look, in exchange for one

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<v Speaker 2>and a half trillion in it as a floor, we

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<v Speaker 2>will raise the debt limit by four trillion dollars. Now,

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<v Speaker 2>when are you going to normally make a loan? For

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<v Speaker 2>the loan officers out there listening, when are you going

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<v Speaker 2>to make a loan of four trillion dollars when somebody

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<v Speaker 2>promises to only find a way to come up with

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<v Speaker 2>one and a half trillion, and you know darn well

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<v Speaker 2>that they actually over a ten year period, don't need

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<v Speaker 2>four trillion, they need eighteen trillion, right, who's going to

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<v Speaker 2>make that loan? Well, that's what that's what basically Congress

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<v Speaker 2>is doing with either of these bills. So even the

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<v Speaker 2>House bill isn't very good. But instead of one and

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<v Speaker 2>a half trillion dollar floor, the Senate bill said, we'll

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<v Speaker 2>see your four trillion and we'll raise it. We want

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<v Speaker 2>five trillion, and we're only going to commit to four

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<v Speaker 2>billion in savings, which is like a day of interest

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<v Speaker 2>payments exactly. That's insane. That's insane, and you know there's

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<v Speaker 2>no Now, they promised privately in the Senate part of

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<v Speaker 2>how they got some of these good senators to go

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<v Speaker 2>along with it. They promised privately, Well, we're really going

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<v Speaker 2>to come up with two to three trillion, put it

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<v Speaker 2>on paper exactly pross conference in publicans say it at least,

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<v Speaker 2>but they're all, well, but in the quiet whispers behind

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<v Speaker 2>the closed doors, you know, we really think we can

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<v Speaker 2>come up now we're done with the hollow promises stuff.

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<v Speaker 2>That's that's basically how you we got into this mess,

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<v Speaker 2>not because Conservatives held up things. We got in this

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<v Speaker 2>mess because of bipartisan bankrupt America policies have got us

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<v Speaker 2>thirty six train in debt.

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<v Speaker 1>Yeah, I'm glad you said bipartisan banker of American policies,

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<v Speaker 1>because let's face it, the Republicans own the Senate, and

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<v Speaker 1>maybe not by much, but they still do. They control it.

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<v Speaker 1>They have the majority of votes saying with the House

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<v Speaker 1>this this, it's as if they're they're they're passing up

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<v Speaker 1>a golden opportunity with all of the spotlight that's being

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<v Speaker 1>shed by the Department of Governmental Efficiency on all of

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<v Speaker 1>the fraud wasted abuse in government. These are hard earned

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<v Speaker 1>taxpayer dollars taken from our wallets because we labored for it,

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<v Speaker 1>and they don't seem to care a whit about where

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<v Speaker 1>the money goes that message has been projected loud and

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<v Speaker 1>creative American public. We get it. We understand that more

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<v Speaker 1>people are outraged by it. Thanks to the work of Doge.

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<v Speaker 1>This seems it's like the best possible time in this

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<v Speaker 1>in the history or at least as long as I've

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<v Speaker 1>been living, to make make an argument for genuine cuts

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<v Speaker 1>to the government spending.

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<v Speaker 2>Yeah, I've never seen more momentum in the public and

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<v Speaker 2>the popular consciousness behind less government. And you just got

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<v Speaker 2>to be honest. If you find somebody right now that

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<v Speaker 2>is not going to say they'll vote for less government

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<v Speaker 2>in light of the environment we're in right now, they

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<v Speaker 2>don't want less government, you know. I mean there's people

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<v Speaker 2>that could get boxed into less government because they know

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<v Speaker 2>that's what the momentum with the public is. The idea

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<v Speaker 2>that we're going to move this and not actually deliver

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<v Speaker 2>less government, to me is insane. And look the President's

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<v Speaker 2>and out look, we're going to get at least a

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<v Speaker 2>trillion dollars in cuts and all that, and that's important.

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<v Speaker 2>But the lack of trust isn't what Donald Trump. It's

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<v Speaker 2>not what the team he's hired. Those guys are great.

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<v Speaker 2>It's with the Senate. The Senate always fails us, and

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<v Speaker 2>you look at it like where's the pressure. There's always

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<v Speaker 2>like pressure on House conservatives, and you know the reason

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<v Speaker 2>we can't have nice things is conservatives in the House.

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<v Speaker 2>Right when was their pressure on the Senate? I mean,

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<v Speaker 2>there's not even a crossword to a Senator. When was

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<v Speaker 2>their pressure on the Senate when they were negotiating this

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<v Speaker 2>crap deal of four billion dollars in savings that's crazy.

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<v Speaker 2>As they were doing that, where was the pressure being

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<v Speaker 2>applied to the Senate? So right now, I think that's

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<v Speaker 2>the thing that's like, You've got a couple dozen of

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<v Speaker 2>us that are just like, look, I can't vote for

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<v Speaker 2>this thing without something further. And then you know, there's

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<v Speaker 2>there's jet fumes out here and everybody wants to get

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<v Speaker 2>out of town for Eastern Break and Passover and all that.

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<v Speaker 2>You know, maybe that'll make everybody come come together and

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<v Speaker 2>do a reasonable deal. But I think those of us

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<v Speaker 2>that are dug in on we're bankrupting America and I'm

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<v Speaker 2>not going to participate in it, are in for the fight.

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<v Speaker 2>And it's like, look, we don't want to be obstructionist

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<v Speaker 2>in the sense of you know, getting the agenda done,

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<v Speaker 2>but we do want to be obstructuralist. If you're planning

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<v Speaker 2>on driving to the crash site, lasting us in a

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<v Speaker 2>debt bomb, we don't want to participate in that.

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<v Speaker 1>Yeah, history will remember who fought for the fiscal responsibility

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<v Speaker 1>and who let us well down this existential threat, which

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<v Speaker 1>is the you know, essentially thirty six trillion and growing

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<v Speaker 1>every moment. While we speak deficit we have, it's just

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<v Speaker 1>it's it's crazy. I mean, no one can project down

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<v Speaker 1>the road how this can work out successfully, and that

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<v Speaker 1>is a reality no one can hide from. So you know,

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<v Speaker 1>we're going to we're going to spend ourselves into oblivion

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<v Speaker 1>and we're going to collapse the fiat currency, which will

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<v Speaker 1>basically mean the ant of the American economy.

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<v Speaker 3>Congressman Davidson, Yeah, I mean, and look when when the

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<v Speaker 3>US US dollar, when the US economy has time borrowing

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<v Speaker 3>funding treasuries, that's not like you know when Gerise had

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<v Speaker 3>a hard time borrowing it or whatever.

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<v Speaker 2>We are the market. I mean, people go to the

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<v Speaker 2>dollar for the hedge, They buy US treasuries for security instability. Yes,

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<v Speaker 2>I mean, we not only have about five percent of

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<v Speaker 2>the world's population four and a half or so, we

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<v Speaker 2>get over fifty percent of the world's capital invested in

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<v Speaker 2>our markets. Yeah, I mean so truly. Like the idea

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<v Speaker 2>that the United States could have problems with our economy

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<v Speaker 2>in the world economy be okay, is crazy. I mean

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<v Speaker 2>it is, and that's kept us propped up for a

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<v Speaker 2>long time things that everybody knows isn't sustainable, and that's

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<v Speaker 2>led people to falsely believe that, well, we can keep

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<v Speaker 2>doing this. We can just print money. You know, we

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<v Speaker 2>have the reserve currency. We can just spend more money

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<v Speaker 2>and death sits don't matter. I think, well, DEFs, it

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<v Speaker 2>don't matter. Why bother collecting taxes? I mean, I used

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<v Speaker 2>to be part of the reason why why people said, well,

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<v Speaker 2>we want to hold the taxes low because they'll hold

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<v Speaker 2>down the size and scope of government. But they've blown

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<v Speaker 2>way past that. There's not even a talk about balancing

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<v Speaker 2>the budget at this point.

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<v Speaker 1>Conor some more and Davidson wish we had more time.

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<v Speaker 1>We are out. I appreciate your willingness to talk with

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<v Speaker 1>my listeners of me this morning, and I'll look forward

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<v Speaker 1>to having a conversation again. Meanwhile, keep fighting a good fight.

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<v Speaker 1>We've got a golden opportunity right here now.

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<v Speaker 2>YouTube Brian God bless you and all your listeners.

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<v Speaker 1>Take care. Seven fifty three fifty five CARES Detalk Station

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<v Speaker 1>Way Long Pop