Bannon`s War Room WarRoom Battleground EP 801: Big Beautiful Bill Passes Senate And Onto The House Cont.
Jul 1, 2025
Dave Bratt, a former US Representative and Freedom Caucus member with a Ph.D. in Austrian economics, joins energy markets expert Dave Walsh to discuss the implications of a major legislative proposal passing through Congress. They analyze the financial aspects of the bill, including tax policy and economic growth strategies. The conversation delves into the urgency of electrification for re-industrialization and critiques the departure from the gold standard, emphasizing gold's role in economic stability amidst global challenges.
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Deficit Concerns in Big Bill
- The "Big Beautiful Bill" struggles with deficits due to static budget baselines ignoring dynamic growth potential.
- Key debate points include how tax cuts and spending policies balance over a 10-year budget window.
Sell the Economic Plan Clearly
- To sell the economic plan, clearly explain the supply-side tax cuts and dynamic growth assumptions.
- Repeat the message to build understanding and counter criticisms.
Wealth Tax Political Reality
- Raising taxes on the wealthy can help pay down deficits and is politically feasible.
- Most wealthy taxpayers are Democrats, so the party resists taxing its own donors.