

Episode 4605: Hakeem Jeffries Fights Against The BBB On The House Floor
Jul 3, 2025
In this engaging discussion, political commentator Steve Cortez and Treasury Department insider Joe Lavagna dive into critical legislative battles. They analyze Hakeem Jeffries' tactics on the House floor regarding economic growth and the controversial Build Back Better initiative. Insights on job growth, the influence of immigration policies, and the fentanyl crisis are also explored, linking U.S. economic strategies to geopolitical tensions. Their candid commentary sheds light on the importance of fiscal responsibility and the ongoing ideological battles defining America's future.
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Hakeem Jeffries' Five-Hour Speech
- Hakeem Jeffries utilized his "magic minute" privilege to speak for over five hours straight opposing the big, beautiful bill on the House floor.
- His lengthy speech was a strategic move to delay and criticize the bill throughout the entire legislative day.
Supply-Side Growth Bet
- The big, beautiful bill is a supply-side economic bet focused on boosting growth through permanent tax cuts and capital investment incentives.
- Past CBO growth forecasts were historically pessimistic, undervaluing potential revenue increases due to accelerated growth and investment.
Economic Indicators Signal Growth
- Strong employment figures and increased hours worked signal acceleration toward 3% GDP growth in Q2.
- Market indicators like falling bond yields and tight credit spreads reflect investor optimism about economic growth.