WEBVTT 1 00:00:00.040 --> 00:00:02.040 I want to talk about it, about the one big 2 00:00:02.120 --> 00:00:05.120 beautiful bill. It was passed by the House of Representatives 3 00:00:05.160 --> 00:00:07.519 last week and it's going to be considered in the 4 00:00:07.639 --> 00:00:15.080 United States Senate. It's a big, old, beautiful mess. Has 5 00:00:15.119 --> 00:00:18.480 any piece of legislation that actually is going to pass does? 6 00:00:18.559 --> 00:00:22.199 I think it winds up being the result of a 7 00:00:22.280 --> 00:00:26.280 number of different kinds of compromises. There's good and bad 8 00:00:26.359 --> 00:00:30.359 in it. The compromise seems to be at the fiscal level. 9 00:00:31.480 --> 00:00:34.880 There's apparently reporting out that I don't actually I don't 10 00:00:34.880 --> 00:00:37.079 know if it's reporting. I think he's just saying it. 11 00:00:37.640 --> 00:00:40.759 Elon Musk is actually very is disappointed by the House 12 00:00:40.759 --> 00:00:44.600 passage of the BBB, the Big Beautiful Bill. He says 13 00:00:44.640 --> 00:00:46.520 it undermines the work he has done as head of 14 00:00:46.799 --> 00:00:50.240 his little Doge agency. I was disappointed to see the 15 00:00:50.359 --> 00:00:54.000 massive spending bill, frankly, which increases the budget deficit, not 16 00:00:54.119 --> 00:00:57.240 just decreases it, and undermines the work that the Doge 17 00:00:57.240 --> 00:01:01.479 team is doing, Musk told Cbsunday morning. While the bill 18 00:01:01.520 --> 00:01:04.239 aims to cut one point five trillion dollars in government spending, 19 00:01:04.239 --> 00:01:07.079 it also increases the debt limit by four trillion dollars. 20 00:01:07.560 --> 00:01:10.439 The US government is more than thirty six trillion in debt. 21 00:01:10.519 --> 00:01:13.519 The bill would extend the twenty seventeen tax cuts, introduce 22 00:01:13.640 --> 00:01:16.920 new tax cuts such as Trump's signature no tax on 23 00:01:16.959 --> 00:01:21.280 tips policy, and add work requirements to medicaid, among other provisions. 24 00:01:22.959 --> 00:01:24.760 I think a bill can be big or it can 25 00:01:24.840 --> 00:01:30.480 be beautiful, said Musk, which is actually a very accurate 26 00:01:30.519 --> 00:01:32.879 way of describing it. The bill can be big or 27 00:01:32.879 --> 00:01:36.400 it can be beautiful. The bigger it is, the more 28 00:01:36.719 --> 00:01:40.959 compromise is needed. I think that's actually a fairly insightful comment, 29 00:01:41.519 --> 00:01:44.359 said Musk, who recently stepped down as the head of DOGE. 30 00:01:44.879 --> 00:01:46.760 I don't know if it could be both, he added, 31 00:01:46.920 --> 00:01:51.560 my personal opinion, So this is an interesting little dynamic. 32 00:01:51.920 --> 00:01:55.879 Elon Musk jumping into the twenty twenty four presidential race 33 00:01:56.200 --> 00:01:58.719 wound up being one of the more consequential things that 34 00:01:58.879 --> 00:02:05.560 happened him jumping in and throwing his weight behind Donald 35 00:02:05.640 --> 00:02:09.199 Trump and his money. A lot of people were sort 36 00:02:09.199 --> 00:02:11.919 of wondering, well, is Elon Musk now going to be 37 00:02:13.000 --> 00:02:17.800 like a major Republican fundraiser going forward? Is he going 38 00:02:17.840 --> 00:02:21.199 to be a huge contributor? And over the last two 39 00:02:21.280 --> 00:02:26.039 weeks it seems like he has decided, no, he is 40 00:02:26.080 --> 00:02:29.000 not going to He had a public statement that he 41 00:02:29.080 --> 00:02:31.719 was going to be less involved in elections going forward. 42 00:02:33.800 --> 00:02:38.960 He stepped down from his position with Doge. So I 43 00:02:38.960 --> 00:02:42.960 don't know if there's some disillusionment going on now that 44 00:02:43.000 --> 00:02:46.639 Trump's actually president. Maybe Musk is not having quite the 45 00:02:46.719 --> 00:02:48.879 level of impact he thought he would have. Maybe the 46 00:02:48.960 --> 00:02:52.120 negative pr hits he's taken. I mean, he kind of 47 00:02:53.560 --> 00:02:56.719 positioned himself very much with the right, and people on 48 00:02:56.759 --> 00:03:01.360 the left now really despise him even more so than 49 00:03:01.400 --> 00:03:06.360 they did prior to the election. Maybe he's sort of 50 00:03:06.400 --> 00:03:08.599 disillusioned with that stuff a little. I don't know. Anyway, 51 00:03:08.599 --> 00:03:12.719 I thought that was interesting. Anyway, what stuff is there 52 00:03:12.759 --> 00:03:15.719 that's good in the BBBB, the big beautiful bill, and 53 00:03:15.719 --> 00:03:19.080 what stuff is there that's bad? Well, I want to 54 00:03:19.080 --> 00:03:22.439 talk about some of the bad. One of the things 55 00:03:22.479 --> 00:03:26.080 to kind of note is that the numbers game that 56 00:03:26.120 --> 00:03:29.039 gets thrown around, so Democrats are taking this very large 57 00:03:29.120 --> 00:03:33.039 number of how much the OBBB adds to the deficit. 58 00:03:33.960 --> 00:03:37.960 The problem is that the numbers they're throwing around are 59 00:03:38.080 --> 00:03:44.800 numbers that would assume the sun setting of the twenty 60 00:03:44.919 --> 00:03:51.479 seventeen Trump tax cuts. So after Trump was elected in 61 00:03:51.560 --> 00:03:55.560 twenty seventeen. After Trump was elected the first time in 62 00:03:55.599 --> 00:04:00.319 twenty seventeen, he passed around of tax cuts. Those tax 63 00:04:00.360 --> 00:04:05.240 cuts had a ten year sunset to them, so by 64 00:04:05.360 --> 00:04:09.479 twenty twenty seven, unless something happens, those tax cuts were 65 00:04:09.479 --> 00:04:14.479 going to go away. The One Big Beautiful Bill one 66 00:04:14.560 --> 00:04:17.000 of the things it does is it locks in place 67 00:04:17.079 --> 00:04:19.920 the twenty seventeen Trump tax cuts to ensure that they 68 00:04:19.959 --> 00:04:23.319 won't go away. Now, I find it hard to believe 69 00:04:24.600 --> 00:04:28.279 that any president was going to let taxes increase. I'm 70 00:04:28.279 --> 00:04:30.680 not sure that even Kamala Harris would have allowed taxes 71 00:04:30.720 --> 00:04:36.040 to increase. Just tax increases are not popular and they 72 00:04:36.079 --> 00:04:41.000 are damaging to the economy, and I think so. I 73 00:04:41.040 --> 00:04:44.279 think one of the ways in which the fiscal impact 74 00:04:44.360 --> 00:04:46.720 of the One Big Beautiful Bill is made to look 75 00:04:46.800 --> 00:04:50.439 worse is this assumption that you're starting at the baseline 76 00:04:50.480 --> 00:04:53.560 of the Trump tax cuts from twenty seventeen are going 77 00:04:53.600 --> 00:04:58.079 to go away. So if those tax cuts are now 78 00:04:58.120 --> 00:05:00.360 made permanent, all of a sudden, well, the deficits bigger 79 00:05:00.360 --> 00:05:03.800 because we were planning on getting more revenue in because 80 00:05:04.199 --> 00:05:05.920 the tax rate was going to go up in twenty 81 00:05:05.959 --> 00:05:08.120 twenty seven. Well, realistically, I don't know that that was 82 00:05:08.160 --> 00:05:16.199 ever going to happen. Now, it's still a fiscal mess. 83 00:05:16.519 --> 00:05:19.160 And one of the ways in which it's a fiscal mess, honestly, 84 00:05:19.240 --> 00:05:21.759 are some of the tax cuts that some of the 85 00:05:21.759 --> 00:05:23.639 new tax cuts that are being put in place for 86 00:05:23.680 --> 00:05:27.519 the one big beautiful bill, I think the most irresponsible, 87 00:05:27.639 --> 00:05:33.199 of which, yes, there are tax cuts that are irresponsible. Yes, 88 00:05:33.639 --> 00:05:37.759 not all tax increases are bad. Not all tax cuts 89 00:05:37.800 --> 00:05:44.639 are good, sorry, Grover Norquist and other libertarian thinkers. The 90 00:05:45.040 --> 00:05:49.120 most irresponsible was increasing the deduction amount for state and 91 00:05:49.199 --> 00:05:53.079 local taxes. All right, So why is that? All right? 92 00:05:54.079 --> 00:06:00.279 Republican members of the House from New York especially, we're 93 00:06:00.319 --> 00:06:04.079 pushing this whole time to increase what's called the salt 94 00:06:04.560 --> 00:06:08.800 deduction and in the state and local tax deduction. In fact, 95 00:06:09.279 --> 00:06:16.839 basically politicians from every high tax blue state have been 96 00:06:16.879 --> 00:06:20.240 pushing and pushing and pushing and pushing to increase the 97 00:06:20.319 --> 00:06:25.519 state and local tax deduction. Chuck Schumer has been pushing 98 00:06:25.519 --> 00:06:28.160 and pushing and pushing for the state and local tax deduction. 99 00:06:29.639 --> 00:06:38.319 It's this thing that unites both moderate Republicans and boot 100 00:06:38.399 --> 00:06:42.360 licking the rich Democrats. So the Bernie Sanders is of 101 00:06:42.399 --> 00:06:46.040 the world hate it, and genuine conservatives also hate it. 102 00:06:46.279 --> 00:06:52.160 Why Well, the idea is, when you're paying your federal taxes, 103 00:06:52.800 --> 00:06:56.959 if you increase, you create a deduction for state and 104 00:06:57.000 --> 00:07:00.120 local taxes, Meaning if you already have to pay a 105 00:07:00.120 --> 00:07:02.319 bunch of money in state and local taxes, you can 106 00:07:02.399 --> 00:07:05.319 deduct some of that from the amount you're paying in 107 00:07:05.360 --> 00:07:13.839 federal taxes. Which, ultimately, what does that mean. It means 108 00:07:13.959 --> 00:07:21.639 basically that it gives greater leeway for blue states to 109 00:07:21.959 --> 00:07:30.920 increase their taxes irresponsibly, because well, at the end of 110 00:07:30.959 --> 00:07:33.839 the day, it won't actually matter to the taxpayer. If 111 00:07:33.879 --> 00:07:37.240 Blue states increase their taxes, they can just deduct that 112 00:07:37.360 --> 00:07:42.480 amount from their federal taxes, so it doesn't actually change 113 00:07:42.480 --> 00:07:45.360 the tax burden for people who live in blue states. 114 00:07:45.639 --> 00:07:49.800 And so basically increasing the salt deduction is it's basically 115 00:07:49.959 --> 00:07:53.439 a way to irresponsibly give Blue states to get out 116 00:07:53.439 --> 00:08:01.360 of jail free card for their improvident tax policies. Also, 117 00:08:03.360 --> 00:08:10.199 it winds up moving aside the burden of paying federal 118 00:08:10.199 --> 00:08:14.040 income tax revenue from people who live in blue states 119 00:08:14.040 --> 00:08:19.800 to people who live in red states, So people in 120 00:08:19.839 --> 00:08:25.920 Florida don't have a high tax burden, why should they 121 00:08:25.959 --> 00:08:28.560 be paying all their federal income taxes? But people in 122 00:08:28.639 --> 00:08:32.679 Blue states therefore have to pay less. I mean, the 123 00:08:32.720 --> 00:08:40.080 same person similarly situated in Florida and New York, they 124 00:08:40.159 --> 00:08:44.240 might pay the same overall in tax or similar amount 125 00:08:44.240 --> 00:08:47.440 overall in taxes, but the New Yorker is paying way 126 00:08:47.519 --> 00:08:50.639 less federal tax because they can deduct all their state 127 00:08:50.639 --> 00:08:57.559 and local taxes than the Floridian So it's unfair. It's 128 00:08:57.559 --> 00:09:01.000 a way to allow Blue states to have high tax regimes. 129 00:09:01.320 --> 00:09:05.200 Blue states like California, like New York, to have high 130 00:09:05.200 --> 00:09:09.519 tax regimes, especially high property taxes. And this is a 131 00:09:09.519 --> 00:09:12.480 big Basically, a lot of the people pushing for this 132 00:09:13.159 --> 00:09:15.480 seemed to be a lot of the people who pushed 133 00:09:15.480 --> 00:09:18.480 for it in the One Big Beautiful Bill were Republican 134 00:09:18.559 --> 00:09:23.120 members of the House from states like New York. And 135 00:09:23.360 --> 00:09:27.519 it seemingly is being pushed because these Republican House members 136 00:09:27.559 --> 00:09:31.120 have donors with big houses that they pay a lot 137 00:09:31.159 --> 00:09:36.399 in property taxes on, and so as you increase the 138 00:09:36.440 --> 00:09:41.159 salt deduction, it allows those donors to pay ultimately less 139 00:09:41.200 --> 00:09:45.399 in taxes. So basically it's an increasing of the deduction 140 00:09:45.720 --> 00:09:49.120 limit for state and local taxes. The Trump tax cuts 141 00:09:49.159 --> 00:09:52.039 in twenty seventeen actually set the deduction rate at a 142 00:09:52.080 --> 00:09:54.159 fairly low level. I think you could only deduct like 143 00:09:54.200 --> 00:09:56.120 the first ten thousand dollars, and now I think it's 144 00:09:56.120 --> 00:10:00.159 getting bumped way up. So I don't like that, and 145 00:10:00.240 --> 00:10:05.480 that's going to result in less revenue into the federal coffers. 146 00:10:05.519 --> 00:10:10.279 And it's basically, again, it's offloading the federal tax burden, 147 00:10:10.639 --> 00:10:15.000 the tax revenue burden off of blue state taxpayers onto 148 00:10:15.120 --> 00:10:18.120 red state taxpayers and letting blue states off the hook 149 00:10:18.159 --> 00:10:23.360 for their stupid policies. So that's one thing about the 150 00:10:23.440 --> 00:10:26.519 one big beautiful bill that I don't like. But let's 151 00:10:27.039 --> 00:10:30.879 I mean, let's remember the politics at play here. Mike 152 00:10:30.960 --> 00:10:35.360 Johnson got the bill passed literally by a vote of 153 00:10:35.480 --> 00:10:39.720 two hundred and fifteen to two hundred and fourteen. That's 154 00:10:39.799 --> 00:10:44.039 how narrow the margins are. Okay, Republicans only have like 155 00:10:44.080 --> 00:10:48.360 a three vote majority in the whole House of Representatives. 156 00:10:49.399 --> 00:10:54.080 That's it, like three votes. So Johnson just could not 157 00:10:54.360 --> 00:11:01.080 afford to lose I think he was basically he could 158 00:11:01.080 --> 00:11:04.559 only afford to lose like three Republican votes, so he 159 00:11:04.600 --> 00:11:07.399 had Thomas Massey didn't vote for it because Thomas Massey 160 00:11:07.480 --> 00:11:11.759 is a true believer in fiscal responsibility and just said, 161 00:11:11.759 --> 00:11:13.000 I'm not going to vote for this. It's going to 162 00:11:13.080 --> 00:11:16.320 increase the deficit too much, it's going to lead to 163 00:11:16.320 --> 00:11:18.840 too much deficit, spending too much debt. Not going to 164 00:11:18.919 --> 00:11:22.320 vote for it. So he lost Thomas Massey. He couldn't 165 00:11:22.320 --> 00:11:26.080 afford to lose those New York Republicans who want, you know, 166 00:11:26.519 --> 00:11:29.600 and increased salt deduction. So he had to put it 167 00:11:29.639 --> 00:11:33.120 in or else it just didn't pass. And Trump wants 168 00:11:33.159 --> 00:11:36.799 a thing passed. That's clearly Trump's priority. So often that's 169 00:11:36.840 --> 00:11:41.279 Trump's priority is get something passed, get a win on 170 00:11:41.320 --> 00:11:44.279 the board. That seems to be the Trump priority. And 171 00:11:45.000 --> 00:11:48.840 I will say this for Trump, he did demonstrate I think, 172 00:11:48.879 --> 00:11:52.759 real leadership on this. You know, he went and sat 173 00:11:52.799 --> 00:11:55.559 down with members of the House. Apparently he told some 174 00:11:55.600 --> 00:11:58.360 of these Republicans from New York who were pushing for 175 00:11:58.399 --> 00:12:01.279 the salt deduction, like, this is what you're getting, that's it. 176 00:12:01.600 --> 00:12:04.240 Drop it, just forget it, and you're going to vote 177 00:12:04.240 --> 00:12:08.879 for this. So and he's really the only Republican who 178 00:12:08.919 --> 00:12:11.200 can do that. He's really the only Republican who can 179 00:12:11.360 --> 00:12:14.080 talk to these guys and tell them in those kinds 180 00:12:14.080 --> 00:12:16.559 of blunt terms and have them listen to him because 181 00:12:16.600 --> 00:12:25.679 he's got so much political weight within with Republican voters. Now, 182 00:12:26.240 --> 00:12:31.759 one of the good things in the bill is the 183 00:12:31.840 --> 00:12:37.399 defunding of abortion providers. And when we return, I want 184 00:12:37.440 --> 00:12:40.480 to and I will say, I want to give a 185 00:12:40.480 --> 00:12:42.960 lot of credit to Mike Johnson for this, and I 186 00:12:42.960 --> 00:12:47.759 guess ultimately to President Trump because there were a lot 187 00:12:47.799 --> 00:12:50.679 of there was a lot of hand ringing over this 188 00:12:51.279 --> 00:12:53.679 and a lot of liberal leaning Republicans who did not 189 00:12:53.960 --> 00:12:58.360 want to defund abortion providers, and they got it done anyway, 190 00:12:59.039 --> 00:13:00.480 all right. So when we were and I want to 191 00:13:00.519 --> 00:13:03.039 talk about that, what it means to quote defund planned parently, 192 00:13:03.120 --> 00:13:06.120 what it means to quote defund abortion and actually it 193 00:13:06.200 --> 00:13:11.200 might even be more important is defunding abortion providing health 194 00:13:11.240 --> 00:13:13.759 insurance plans. That is next on the John Girardi Show. 195 00:13:15.639 --> 00:13:18.600 There's a lot to dislike in the One Big, Beautiful Bill, 196 00:13:18.639 --> 00:13:20.600 but there's a couple of things to really like, and 197 00:13:20.639 --> 00:13:23.519 a lot of things that social conservatives have been cheering, 198 00:13:23.799 --> 00:13:31.720 particularly defunding federal reimbursement for various kinds of transgender interventions 199 00:13:32.120 --> 00:13:35.360 and not just transgender interventions for children. That was one 200 00:13:35.399 --> 00:13:39.679 of the debates, apparently, was our federal health insurance program 201 00:13:39.799 --> 00:13:44.639 is going to fund transgender interventions, all transgender inventions, no 202 00:13:44.720 --> 00:13:50.519 transgender inventions, just transgender interventions for adults. Apparently the funal 203 00:13:50.600 --> 00:13:53.200 version of the House bill landed at no transgender interventions 204 00:13:53.240 --> 00:13:55.399 are going to be funded. So that's a great win. 205 00:13:55.840 --> 00:13:58.519 And I want to turn just quickly given that it's 206 00:13:58.600 --> 00:14:03.120 kind of my subject matter area about how the One 207 00:14:03.120 --> 00:14:07.360 Big Beautiful Bill defunds playing parented. So again, for those 208 00:14:07.399 --> 00:14:09.200 who don't know, the One Big Beautiful Bill is the 209 00:14:09.240 --> 00:14:14.320 so called Reconciliation Bill. It's a budgetary bill. Presidents I 210 00:14:14.320 --> 00:14:16.480 think only get a shot at doing it once every 211 00:14:16.679 --> 00:14:20.320 two years. So realistically, given that Republicans I think are 212 00:14:20.440 --> 00:14:23.200 likely to lose the House in twenty twenty six, they 213 00:14:23.200 --> 00:14:26.360 only get one shot at this, and so Trump is 214 00:14:26.360 --> 00:14:28.480 trying to pack as much of his agenda into this 215 00:14:28.519 --> 00:14:31.159 bill as possible. One of the benefits of the Reconciliation Bill, 216 00:14:31.440 --> 00:14:36.279 it's kind of tied to budgetary stuff, is that it 217 00:14:36.360 --> 00:14:39.919 does not require a sixty vote majority in the Senate 218 00:14:41.039 --> 00:14:44.279 in order to pass. Most things require a sixty vote 219 00:14:44.320 --> 00:14:47.759 majority in the Senate to pass most normal pieces of legislation. 220 00:14:48.519 --> 00:14:52.200 This does not so that that is a massive procedural 221 00:14:52.279 --> 00:14:54.840 hurdle that Republicans don't have to worry about. They have 222 00:14:54.879 --> 00:14:58.919 fifty three votes in the Senate, so they can. It'll 223 00:14:58.919 --> 00:15:00.960 actually be easier to pass stuff in the Senate than 224 00:15:01.000 --> 00:15:03.440 there is than it is to pass stuff in the House, 225 00:15:03.480 --> 00:15:06.879 given how razor thin the majority is for Republicans in 226 00:15:06.919 --> 00:15:12.799 the House. Now, defunding Planned Parenthood, what does that mean? Chiefly, 227 00:15:12.840 --> 00:15:18.120 what it means is abortion providers like Planned Parenthood, and 228 00:15:18.159 --> 00:15:20.639 Planned Parenthood's kind of the biggest of these nationally, but 229 00:15:20.679 --> 00:15:23.919 there are others. Okay, there's, for example, in California, there's 230 00:15:23.919 --> 00:15:26.720 this entity called Family Planning Associates. It's kind of like 231 00:15:26.759 --> 00:15:31.720 the rc Cola to Planned Parenthood being Coca Cola. It's 232 00:15:31.919 --> 00:15:35.000 just California based. They have I think it's something like 233 00:15:35.039 --> 00:15:40.080 twenty clinics, but it's just based in California. So these 234 00:15:40.159 --> 00:15:42.919 kinds of providers are going to be quote defunded. How 235 00:15:43.879 --> 00:15:48.639 most of the federal funding that abortion providers get they 236 00:15:48.639 --> 00:15:54.559 get through Medicaid. Medicaid is the federal health insurance program 237 00:15:54.600 --> 00:15:59.159 that was originally designed for certain kinds of groups who 238 00:15:59.159 --> 00:16:04.279 are sort of more knee groups like disabled people, disabled adults. 239 00:16:05.279 --> 00:16:09.720 Eventually that those categories got expanded to include pregnant women. 240 00:16:10.840 --> 00:16:15.399 To now in this post Obamacare world, Medicaid is basically 241 00:16:15.559 --> 00:16:20.000 just health insurance for lower income people. If you're at 242 00:16:20.080 --> 00:16:22.320 or under I think in California it's one hundred and 243 00:16:22.320 --> 00:16:26.320 thirty eight percent of the federal poverty line you qualify 244 00:16:26.360 --> 00:16:33.120 for Medicaid. That's it. A ton of Planned Parenthood's patients 245 00:16:33.399 --> 00:16:45.399 therefore are Medicaid beneficiaries, and in California that's medical So 246 00:16:48.000 --> 00:16:51.519 a lot of the revenue Planned Parenthood gets nationally, and 247 00:16:51.559 --> 00:16:55.000 it's probably at this point it's well over half a 248 00:16:55.039 --> 00:16:59.559 billion dollars per year comes from they provide a service 249 00:16:59.799 --> 00:17:06.000 to someone who has Medicaid, they get reimbursed for that service, 250 00:17:06.559 --> 00:17:10.440 So that's the federal funding that they get. Now, federal 251 00:17:10.519 --> 00:17:16.480 dollars don't go to Planned Parenthood directly for their abortion services, 252 00:17:17.119 --> 00:17:24.119 which is their chief revenue generating service. But so Planned 253 00:17:24.119 --> 00:17:27.759 Parenti's not getting federal money for abortions that they do, 254 00:17:29.279 --> 00:17:33.599 except for abortions in instances of rape or incest, although 255 00:17:34.000 --> 00:17:37.920 there are also some pretty serious lingering questions from when 256 00:17:37.960 --> 00:17:42.240 the House investigated this about nine years ago about whether 257 00:17:42.359 --> 00:17:45.559 Planned Parenthood engages in various kinds of medicaid fraud to 258 00:17:45.599 --> 00:17:48.960 try to get abortions paid for by federal medicaid that 259 00:17:49.000 --> 00:17:52.359 are not instances of rape or incest. And at the 260 00:17:52.440 --> 00:17:55.640 end of the day, money is fungible. If you know, 261 00:17:57.880 --> 00:18:00.240 if I've got twenty dollars in my pocket and my 262 00:18:00.319 --> 00:18:02.319 mom hands me a twenty dollars bill and says, don't 263 00:18:02.400 --> 00:18:06.200 use this twenty dollars bill to go to the movies, well, okay, 264 00:18:06.640 --> 00:18:08.680 I can use the twenty dollars. I now have the 265 00:18:08.759 --> 00:18:10.880 leeway because my mom gave me that twenty dollar bill. 266 00:18:10.920 --> 00:18:12.720 I can use the twenty dollar bill that's currently in 267 00:18:12.759 --> 00:18:16.039 my pocket to go to the movies. Money is fungible. 268 00:18:16.079 --> 00:18:18.079 If you get a bunch of money in this pot 269 00:18:18.119 --> 00:18:21.759 over here for this, it frees up money that you 270 00:18:21.799 --> 00:18:25.319 could use for other stuff over here. The fact that 271 00:18:25.359 --> 00:18:29.759 Planned Parenthood's getting five hundred million, excuse me, at least 272 00:18:29.759 --> 00:18:34.559 five hundred million dollars per year, and I don't want 273 00:18:34.599 --> 00:18:37.440 to just focus on Planned parent All these different abortion 274 00:18:37.519 --> 00:18:40.640 providers are getting tons and tons of money for non 275 00:18:40.680 --> 00:18:44.960 abortion services. It frees up money for them to provide 276 00:18:45.000 --> 00:18:48.119 abortion services. And I think, at the end of the day, 277 00:18:48.799 --> 00:18:51.480 I don't want my tax dollars to fund entities whose 278 00:18:51.599 --> 00:18:56.200 chief business is providing abortions. I don't want to subsidize 279 00:18:56.519 --> 00:19:02.400 their loss leaders so that they can focus more time, money, resources, 280 00:19:02.480 --> 00:19:06.559 donor funding on their chief revenue generating service of abortion. 281 00:19:07.079 --> 00:19:10.759 And that's exactly what's happening. Planned Parenthood's non abortion services 282 00:19:10.759 --> 00:19:18.279 are often loss leaders to help their abortion business. If 283 00:19:18.279 --> 00:19:22.920 Planned Parenthood gives out contraceptives to ten nineteen year olds, 284 00:19:24.880 --> 00:19:28.920 the contraceptives they give out, any contraceptive has a certain 285 00:19:29.039 --> 00:19:33.359 built in failure rate to it if you use it perfectly. 286 00:19:34.720 --> 00:19:38.920 They also know that nineteen year olds are unreliable and 287 00:19:39.039 --> 00:19:44.839 won't use birth control perfectly, leading to the effectiveness going down. 288 00:19:46.039 --> 00:19:48.319 So if they give out birth control a kind of 289 00:19:48.359 --> 00:19:51.000 loss leader service, but hey, they get a little federal 290 00:19:51.039 --> 00:19:55.960 reimbursement for providing it. If they give out contraceptives to 291 00:19:56.079 --> 00:20:01.759 ten nineteen year olds who are lower income, at least 292 00:20:01.799 --> 00:20:04.680 one or two of them are coming back for abortions, 293 00:20:06.759 --> 00:20:08.720 and then they make up whatever they lost with the 294 00:20:08.720 --> 00:20:13.880 other eight. Okay, that's that's the mo that's the game plan, 295 00:20:14.920 --> 00:20:17.839 and your federal tax payer dollars are paying for it. 296 00:20:17.880 --> 00:20:20.599 And in California, your California tax payer dollars are paying 297 00:20:20.640 --> 00:20:26.880 for the abortion itself. So what the One Big Beautiful 298 00:20:26.880 --> 00:20:31.160 bill does is it defunds Planned Parent. It basically says 299 00:20:31.680 --> 00:20:37.240 entities like Planned Parenthood are not eligible for federal reimbursement 300 00:20:37.359 --> 00:20:41.880 under Medicaid. Entities like Planned Parenthood that are providing abortions 301 00:20:42.440 --> 00:20:47.920 are not eligible to receive reimbursement as part of the 302 00:20:47.920 --> 00:20:51.039 Medicaid program. That's a huge deal, and I don't know 303 00:20:51.079 --> 00:20:53.960 how Planned Parenthood is going to necessarily survive from it. 304 00:20:54.319 --> 00:20:57.039 They have a lot of donor support, it's true, but 305 00:20:57.200 --> 00:20:59.880 I don't know that they've got enough donor support year 306 00:21:00.119 --> 00:21:02.440 over year. That's five hundred million, five hundred million, five 307 00:21:02.480 --> 00:21:04.640 hundred million, five hundred million year over year over year 308 00:21:05.079 --> 00:21:10.599 to sustain the loss of federal revenue, especially at a 309 00:21:10.599 --> 00:21:15.240 time when Planned parent it's not doing so hot. So 310 00:21:16.599 --> 00:21:19.319 I think it is a huge deal if this is 311 00:21:19.400 --> 00:21:22.519 retained in the Senate, And I really commend Mike Johnson 312 00:21:22.519 --> 00:21:25.440 and Donald Trump for keeping this in when there were 313 00:21:25.440 --> 00:21:29.160 a bunch of wobbly liberal leaning Republicans in the House 314 00:21:29.200 --> 00:21:31.440 who were like, oh, we don't want to do a 315 00:21:31.480 --> 00:21:36.319 defunding of planned parenthood. Here they stood firm. So, you know, 316 00:21:37.559 --> 00:21:40.920 I deeply appreciate Mike Johnson kind of holding the line 317 00:21:41.440 --> 00:21:46.960 on that front. As well as taking out federal funding 318 00:21:47.119 --> 00:21:50.880 for Obamacare subsidized health insurance plants that cover abortion. That's 319 00:21:50.880 --> 00:21:54.720 also going to be huge. A ton of Obamacare subsidized plants, 320 00:21:54.759 --> 00:22:00.000 not Medicaid, but health insurance plans through the Obamacare exchange 321 00:22:00.039 --> 00:22:05.400 ranges that are subsidized by the federal government. Our federal 322 00:22:05.400 --> 00:22:08.839 dollars were subsidizing tons of tons of health insurance plans 323 00:22:08.839 --> 00:22:12.920 that included abortion coverage. That's going to get cut off 324 00:22:13.000 --> 00:22:14.880 by the one big beautiful bill, and that might be 325 00:22:15.759 --> 00:22:18.200 maybe an even more significant thing than just cutting off 326 00:22:18.200 --> 00:22:23.680 funding for planned parenthood. So those are huge, huge pro 327 00:22:23.720 --> 00:22:28.519 life accomplishments in the OBBB as we call it. All right, 328 00:22:29.599 --> 00:22:33.279 when we return a new plan for how to grade 329 00:22:34.200 --> 00:22:38.440 students in San Francisco Unified School District, this is sure 330 00:22:38.599 --> 00:22:43.160 to be a massive success grading for equity. Next on 331 00:22:43.200 --> 00:22:49.359 the John Girardi Show, there's a fascinating story about San 332 00:22:49.400 --> 00:22:56.799 Francisco schools. San Francisco public schools, that it's highlighting the 333 00:22:56.839 --> 00:23:02.160 worst examples of staff. That is, it's going to be 334 00:23:02.200 --> 00:23:05.359 more intensely in San Francisco, less intensely across the whole 335 00:23:05.359 --> 00:23:08.720 state of California, I think is ultimately what's happening. One 336 00:23:08.720 --> 00:23:11.319 of the things we're seeing is the application of the 337 00:23:11.359 --> 00:23:16.319 equity concept to education. And what is equity? Okay, equity 338 00:23:16.880 --> 00:23:21.319 the actual dictionary definition word equity is nothing bad. It 339 00:23:21.359 --> 00:23:25.920 means something close to equality, fairness of treatment, et cetera. 340 00:23:26.680 --> 00:23:29.039 The way the word which, by the way, that's the 341 00:23:29.079 --> 00:23:33.240 annoying thing when people say you conservative the pose dei, 342 00:23:33.359 --> 00:23:37.039 So which part of DEI do you oppose? Diversity, equity 343 00:23:37.160 --> 00:23:39.759 or inclusion? You don't think people should be treated equitably? 344 00:23:42.359 --> 00:23:45.480 And I would respond to such a critique equity is 345 00:23:45.519 --> 00:23:50.680 the thing I object to the modern twenty first century, 346 00:23:51.000 --> 00:23:55.720 twenty twenties political use of the term equity. That is 347 00:23:55.759 --> 00:24:01.680 what I oppose. I don't mind diversity, I don't mind inclusion. 348 00:24:02.559 --> 00:24:06.680 Those words sort of don't have like really precise meanings 349 00:24:06.680 --> 00:24:08.759 at this point and can mean things that are fine. 350 00:24:08.920 --> 00:24:12.759 But equity in the modern sense has a very specific 351 00:24:12.920 --> 00:24:20.359 kind of meaning that I disagree with equity is basically 352 00:24:20.400 --> 00:24:28.319 an equality of outcomes. Mandating forcing brute forcing, an equality 353 00:24:28.359 --> 00:24:35.799 of outcomes if the outcomes don't reflect whatever kind of 354 00:24:37.039 --> 00:24:42.319 categorization you are looking at, the breakdown based on race, 355 00:24:42.680 --> 00:24:50.279 or sexuality, or gender whatever. If say, the end results 356 00:24:51.200 --> 00:24:56.200 don't match the breakdown on the basis of race, gender, whatever, 357 00:24:57.279 --> 00:25:07.200 then something inequitable happened. If African Americans constitute twelve percent 358 00:25:07.279 --> 00:25:16.279 of the population of a city and police arrests involve 359 00:25:17.319 --> 00:25:24.599 fifteen percent African Americans rather than twelve percent, inequity, there 360 00:25:24.640 --> 00:25:28.920 is racism in the system somewhere. The only reason why 361 00:25:29.039 --> 00:25:32.640 your arrest percentage would be higher than the breakdown of 362 00:25:32.720 --> 00:25:37.000 the actual population as a whole is racism. It's because 363 00:25:37.000 --> 00:25:44.160 cops are persecuting black people inequity. If black kids are 364 00:25:44.440 --> 00:25:51.759 performing lower on SATs than the average, well, racism is 365 00:25:51.799 --> 00:25:56.319 in the system somewhere, the historical lingering effects of slavery, 366 00:25:56.400 --> 00:25:59.960 or the historical lingering effects of this, that or the other, 367 00:26:00.599 --> 00:26:07.240 and therefore equity means taking artificial steps to flatten out 368 00:26:07.359 --> 00:26:18.279 those results. That's the idea. So that's the idea of equity. 369 00:26:19.440 --> 00:26:21.519 How is this being applied to California? Well, One of 370 00:26:21.519 --> 00:26:23.759 the ways we're starting to see it applied at a 371 00:26:23.839 --> 00:26:30.000 statewide level is through the elimination of higher track math 372 00:26:30.799 --> 00:26:37.240 courses for high performing students. So instead of having like 373 00:26:37.279 --> 00:26:41.559 a gifted kid track for math, we're going to just 374 00:26:41.839 --> 00:26:45.599 not offer those. And why are we doing that? Because 375 00:26:46.400 --> 00:26:51.640 those gifted track math sort of pipelines, we're being dominated 376 00:26:51.640 --> 00:26:59.359 by Asian kids than White kids, with a disproportionately low 377 00:26:59.440 --> 00:27:10.000 representation of Latino kids and Black kids. That's the rub Okay, 378 00:27:10.079 --> 00:27:14.519 that's the problem. That's the problem, as California public educators 379 00:27:14.519 --> 00:27:18.880 saw it. So their solution was not, gosh, how do 380 00:27:18.920 --> 00:27:21.559 we help African American kids to perform better? What are 381 00:27:21.559 --> 00:27:25.039 we doing in inner city schools that are predominantly African American? Okay? 382 00:27:25.039 --> 00:27:28.599 Are there certain kinds of cultural difficulties that we're dealing with, 383 00:27:28.799 --> 00:27:30.680 you know? And maybe some of it And by the way, 384 00:27:30.839 --> 00:27:35.880 I'm not denying that some of the social ills that 385 00:27:35.960 --> 00:27:39.559 you see within African American communities are I'm not denying 386 00:27:39.599 --> 00:27:42.519 that many of them are probably in various ways, in 387 00:27:42.599 --> 00:27:49.200 various capacities, partly the lingering effects of racism. Why are 388 00:27:49.240 --> 00:27:53.400 African Americans predominantly concentrated in Fresno. In Southwest Fresno, well, 389 00:27:53.480 --> 00:27:57.759 it was because of redlining. It was because banks would 390 00:27:57.759 --> 00:28:02.799 not offer African American perkins loans for houses in any 391 00:28:03.119 --> 00:28:07.319 neighborhoods other than Southwest Fresno. They wouldn't let them get 392 00:28:07.319 --> 00:28:11.319 homes in North Fresno. So they were sort of secluded 393 00:28:11.359 --> 00:28:15.440 into more industrial concentrated areas, places where it was not 394 00:28:15.519 --> 00:28:18.839 as nice to live, and African Americans did lose out 395 00:28:18.960 --> 00:28:24.759 on certain kinds of generational wealth creation. Now, a lot 396 00:28:24.759 --> 00:28:28.519 of that redlining stuff and banks not allowing people to 397 00:28:28.519 --> 00:28:32.799 buy homes in nicer parts of town, that stuff ended 398 00:28:33.359 --> 00:28:36.359 in you know, after some of the Civil Rights Acts 399 00:28:36.920 --> 00:28:40.759 were passed by the sixties and seventies, such legal restrictions 400 00:28:40.759 --> 00:28:44.359 were no longer such kinds of legal discrimination was no 401 00:28:44.440 --> 00:28:49.559