Latest / The 47 Morning Update with Ben Ferguson / Debt Ceiling Showdown, the 14th Amendment, plus a Beer Company Goes Woke & Markets to Kids?!?

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Debt Ceiling Showdown, the 14th Amendment, plus a Beer Company Goes Woke & Markets to Kids?!? · The 47 Morning Update with Ben Ferguson

• 0:01
  Speaker 1: Welcome.
• 0:01
  Speaker 2: It is Verdict with Senator Ted Cruz Ben Ferguson with you,
• 0:05
  Speaker 2: and we have got a very important show.
• 0:07
  Speaker 1: First, we're going to deal with the debt ceiling.
• 0:10
  Speaker 2: Then we're going to deal with what Barack Obama said
• 0:12
  Speaker 2: back in twenty eleven about the fourteenth Amendment that everyone
• 0:15
  Speaker 2: seems to be really excited about right now in Washington.
• 0:19
  Speaker 2: And also bud Light could they be in trouble for
• 0:22
  Speaker 2: marketing themselves potentially to children. We're going to deal with
• 0:26
  Speaker 2: all of that, plus the passing of a great Republican
• 0:30
  Speaker 2: leader who passed away today will tell you about his
• 0:33
  Speaker 2: story in life as well. But Senator, let's first start
• 0:36
  Speaker 2: with this debt ceiling. The debt ceiling issue is confusing
• 0:40
  Speaker 2: too many and there's a lot of Americans that say,
• 0:44
  Speaker 2: I just want to know what's gonna happen, where we're
• 0:46
  Speaker 2: going to be, what happens if we default, and is
• 0:50
  Speaker 2: that a real possibility, because we've seen this circus happen
• 0:54
  Speaker 2: quite a few times. You've been in Washington when this
• 0:57
  Speaker 2: circus comes to town leaves, and it's also you there's
• 1:00
  Speaker 2: this political leverage many times by the party that's in
• 1:02
  Speaker 2: power in the White House. So where are we on
• 1:05
  Speaker 2: the debt ceiling before we get to the fourteenth Amendment.
• 1:08
  Speaker 3: Well, right now, we're in a showdown, and we're in
• 1:10
  Speaker 3: a showdown between Joe Biden and Republicans, in particular House
• 1:14
  Speaker 3: Republicans who've passed a bill to raise the debt ceiling,
• 1:19
  Speaker 3: but they put meaningful spending cuts as an attachment to
• 1:22
  Speaker 3: the debt ceiling, and Joe Biden and the Democrats don't
• 1:25
  Speaker 3: want to have any spending cuts. It's worth stepping back
• 1:29
  Speaker 3: and saying, right, what is the debt ceiling? Because this
• 1:31
  Speaker 3: is these are terms that get bannied about. We usually
• 1:34
  Speaker 3: hear about them once or twice a year. And the
• 1:37
  Speaker 3: death ceiling is a cap on how much money the
• 1:39
  Speaker 3: federal government can borrow, and Congress passes it periodically, and
• 1:44
  Speaker 3: then because we keep seeing budgets that are deficit spending,
• 1:48
  Speaker 3: the debt grows and grows and grows, and when it
• 1:50
  Speaker 3: hits the death ceiling, in order for the federal government
• 1:53
  Speaker 3: to borrow more money, Congress has to raise the debt ceiling.
• 1:57
  Speaker 3: And so that's the battle that's happening right now. The
• 2:01
  Speaker 3: Treasury Secretary Janet Yellen estimates that what's called the x state,
• 2:05
  Speaker 3: which is when we will hit the debt ceiling is
• 2:09
  Speaker 3: honor around June first. Now, it's honor around that because
• 2:13
  Speaker 3: the Treasury Department has some what are called extraordinary measures.
• 2:17
  Speaker 3: It has steps that can take where that date is
• 2:22
  Speaker 3: typically not carved in stone, but is a little bit flexible,
• 2:25
  Speaker 3: and they can delay it. But what's happening right now.
• 2:28
  Speaker 3: For months, Joe Biden in the White House has said
• 2:32
  Speaker 3: he will not negotiate at all. He's not willing to
• 2:36
  Speaker 3: cut any spending at all, that the only thing he
• 2:38
  Speaker 3: will take is a blank check to borrow unlimited money. Now,
• 2:42
  Speaker 3: that was always an unreasonable position, that was always an
• 2:45
  Speaker 3: extreme position, and one of the best evidences of that
• 2:49
  Speaker 3: is that Biden's been forced to back away from that.
• 2:51
  Speaker 3: That On April twenty sixth, so several weeks ago, the
• 2:57
  Speaker 3: House by a vote of two hundred and seventeen to
• 2:59
  Speaker 3: two hundre fifteen pass their bill to raise the debt
• 3:02
  Speaker 3: ceiling and yet at the same time to cut four
• 3:06
  Speaker 3: point eight trillion dollars from the budget over ten years,
• 3:10
  Speaker 3: and so the two were attached together. Right now, the
• 3:14
  Speaker 3: two sides appear to be very far apart. Joe Biden
• 3:17
  Speaker 3: is insisting instead of cutting spending, he wants to do
• 3:20
  Speaker 3: guess what, raise taxes. And so they're fighting on a
• 3:24
  Speaker 3: lot of different issues. One of the big sticking points
• 3:28
  Speaker 3: is work requirements for welfare. The House Republicans are insisting
• 3:32
  Speaker 3: that if you're going to get welfare, if you're an
• 3:35
  Speaker 3: able bodied adult, you should have to look for work
• 3:37
  Speaker 3: or go to work. The Democrats don't want people to
• 3:40
  Speaker 3: go to work. They're adamantly opposed to work requirements. So
• 3:43
  Speaker 3: that's a sticking point. And if the two sides reach
• 3:48
  Speaker 3: an impass, if they can't reach an agreement, I do
• 3:52
  Speaker 3: think right now the chances of a default are higher
• 3:55
  Speaker 3: than they have been any time in recent memory. And
• 3:58
  Speaker 3: that's dangerous because a fault would be very bad for
• 4:01
  Speaker 3: the economy.
• 4:02
  Speaker 2: When you say it's bad for the economy, there's a
• 4:04
  Speaker 2: lot of people that fearmonger over this. But the reality
• 4:08
  Speaker 2: of a default, people say, right, well, if it happened,
• 4:11
  Speaker 2: what does that really look like? And then how fast
• 4:15
  Speaker 2: would you be able to undo it and fix it?
• 4:17
  Speaker 2: Is that even possible to fix it? Or once you default,
• 4:20
  Speaker 2: is a damage done and then there's a new normal.
• 4:23
  Speaker 3: Well, if the United States defaulted, our debt. What it
• 4:27
  Speaker 3: would mean is that there would be interest due on
• 4:29
  Speaker 3: bonds that the Treasury Department had sold that the Treasury
• 4:32
  Speaker 3: Department would fail to pay, and that would be called
• 4:36
  Speaker 3: a default. And the reaction to that would be that
• 4:40
  Speaker 3: the credit agencies would downgrade the credit of the United
• 4:43
  Speaker 3: States government. And when you downgrade the credit, it would
• 4:47
  Speaker 3: mean that going forward, the federal government would have to
• 4:50
  Speaker 3: pay a higher interest rate and potentially a significantly higher
• 4:53
  Speaker 3: interest rate to borrow money in the future. Historically, the
• 4:57
  Speaker 3: very best credit rating has been the government of the
• 5:00
  Speaker 3: United States of America, and so shaking that gold standard
• 5:04
  Speaker 3: is dangerous and it potentially has lots of repercussions throughout
• 5:10
  Speaker 3: the economy. Now, we should never default on the debt,
• 5:15
  Speaker 3: and this is an important thing to understand because there's
• 5:18
  Speaker 3: a lot of scare mongering on this. Even if the
• 5:22
  Speaker 3: debt ceiling is not raised on June first, we should
• 5:26
  Speaker 3: not default on the debt. And do you know who
• 5:30
  Speaker 3: could ensure that? Ben Who's that? Joe Biden? Joe Biden
• 5:35
  Speaker 3: could stand up. Let me tell you what a responsible
• 5:37
  Speaker 3: president would say. A responsible president would say, the United
• 5:41
  Speaker 3: States of America will never, ever, ever default on our debt,
• 5:45
  Speaker 3: and no matter what happens, we will pay the interest
• 5:48
  Speaker 3: on our debt. Now, how could he do that? Well,
• 5:51
  Speaker 3: because every month the revenue that the federal government takes
• 5:55
  Speaker 3: in is significant and is significantly larger than the interest
• 6:01
  Speaker 3: on the debt. So through what's called prioritization, essentially, the
• 6:05
  Speaker 3: president could say we're going to pay interest on the
• 6:08
  Speaker 3: debt first. That would ensure we didn't default. Now, why
• 6:13
  Speaker 3: doesn't Biden do this? Because he wants to scare people.
• 6:16
  Speaker 3: He wants to threaten the stock market, he wants to
• 6:18
  Speaker 3: threaten the bond market. He wants to get people scared
• 6:21
  Speaker 3: that their four oh one k is going to drop
• 6:22
  Speaker 3: in value, that there's going to be damage to the economy.
• 6:25
  Speaker 3: And he's doing this because he's counting on the dishonest
• 6:31
  Speaker 3: corporate media to blame any risk of default on Republicans.
• 6:36
  Speaker 3: Right now, it seems to be backfiring. If you look
• 6:38
  Speaker 3: at the polling right now, a large majority of Americans
• 6:43
  Speaker 3: believe that we should reign in spending as part of
• 6:47
  Speaker 3: any effort to raise the debt ceiling. Amazingly enough, and
• 6:51
  Speaker 3: here's polling numbers in particular that ought to worry the
• 6:54
  Speaker 3: White House fifty eight percent of Democrats believe we should
• 7:01
  Speaker 3: reign in spending as part of any agreement to raise
• 7:03
  Speaker 3: the death ceiling. And so Biden is not just to
• 7:06
  Speaker 3: the left of Republicans, not just to the left of Independence.
• 7:09
  Speaker 3: He's to the left of a majority of Democrats in
• 7:12
  Speaker 3: this country. And I think that shows that his position
• 7:15
  Speaker 3: is really irresponsible and unsustainable.
• 7:18
  Speaker 2: Senator, I want to ask you a question about the
• 7:20
  Speaker 2: substance of what Republicans want to do in the House.
• 7:24
  Speaker 2: The White House has tried to label this and get
• 7:26
  Speaker 2: the media to label it as extreme. And before you
• 7:30
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• 7:41
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• 7:45
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• 7:53
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• 7:54
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• 8:53
  Speaker 1: I go back to the media.
• 8:54
  Speaker 2: They've really tried to label Republicans and the Republicans ideas
• 9:01
  Speaker 2: plan as extreme, imply that somehow they've gone rogue and
• 9:06
  Speaker 2: they're going to destroy our economy, and if they're the
• 9:09
  Speaker 2: ones that would cause these failures to happen and take place,
• 9:13
  Speaker 2: talk about the Republican plan and why it is not crazy,
• 9:17
  Speaker 2: it is not extreme, it's actually physically responsible what they're
• 9:20
  Speaker 2: advocating for.
• 9:21
  Speaker 3: Well, that that is exactly right, and let's put this
• 9:26
  Speaker 3: into context. Let's step back for a second and look
• 9:28
  Speaker 3: at the overall numbers. In twenty seventeen, total federal spending
• 9:34
  Speaker 3: in the budget was four trillion dollars. That was the
• 9:37
  Speaker 3: entire federal budget. Total federal revenue was about three point
• 9:43
  Speaker 3: three trillion dollars, so that means the deficit, doing some
• 9:46
  Speaker 3: quick math, was about seven hundred million dollars. That was
• 9:49
  Speaker 3: in twenty seventeen. Then we had the pandemic hit. Then
• 9:53
  Speaker 3: after the pandemic, we had the second pandemic, which was
• 9:56
  Speaker 3: the pandemic of Democrats hit. With Joe Biden and Schumer
• 9:59
  Speaker 3: and Pelos taking over Congress. We went from total federal
• 10:05
  Speaker 3: spending in twenty seventeen of four trillion dollars to today
• 10:10
  Speaker 3: total federal spending of six point four trillion dollars. So
• 10:17
  Speaker 3: that's more than a fifty percent increase from twenty seventeen
• 10:20
  Speaker 3: to today on revenue. So remember twenty seventeen, revenue was
• 10:25
  Speaker 3: three point three trillion. The Trump tax cuts passed. I
• 10:28
  Speaker 3: remember the Democrats of the media all says this is
• 10:30
  Speaker 3: going to devastate federal revenues. It's going to result in
• 10:33
  Speaker 3: shortchanging the federal government. It was three point three trillion
• 10:36
  Speaker 3: in twenty seventeen. What do you think federal revenues are
• 10:38
  Speaker 3: this year.
• 10:40
  Speaker 2: I'm sure there are new records, and I'm sure we're
• 10:43
  Speaker 2: going to waste every time of it.
• 10:45
  Speaker 3: Four point eight trillion dollars. So after the tax cuts,
• 10:49
  Speaker 3: the economy boom. By the way, revenue increased every year
• 10:51
  Speaker 3: since the tax cuts. That didn't go at down even
• 10:54
  Speaker 3: for a year. So federal revenues went from three point
• 10:58
  Speaker 3: three trillion to four point eight brillion. But if you
• 11:01
  Speaker 3: do the math, the difference between four point eight trillion
• 11:05
  Speaker 3: in revenue now and six point four trillion in spending
• 11:09
  Speaker 3: means the deficit is one point five trillion. And what's
• 11:11
  Speaker 3: happened to the debt. The debt in twenty seventeen was
• 11:14
  Speaker 3: just over twenty billion. The debt now is thirty one
• 11:18
  Speaker 3: point eight billion, So it's increased more than fifty percent.
• 11:23
  Speaker 3: It is massively. I mean, when you look at these numbers,
• 11:26
  Speaker 3: they're shocking, which is why, thank god, House Republicans are
• 11:32
  Speaker 3: standing together and they passed I think a very reasonable bill.
• 11:36
  Speaker 3: They didn't try to solve the whole problem overnight, but
• 11:39
  Speaker 3: rather they passed a bill that would result in saving
• 11:42
  Speaker 3: four point eight trillion over ten years. Four point two
• 11:45
  Speaker 3: trillion of that is in savings directly, and five hundred
• 11:50
  Speaker 3: and forty seven billion is in savings on interest because
• 11:53
  Speaker 3: when you save money, you also save on interest over
• 11:55
  Speaker 3: the ten years going forward. Now, what does it include.
• 11:58
  Speaker 3: The single biggest piece of it is it reduces discretionary spending,
• 12:04
  Speaker 3: which is everything that's not mandatory. Mandatory is Social Security, Medicare, Medicaid,
• 12:11
  Speaker 3: but discretionary spending is most of the rest of the budget.
• 12:15
  Speaker 3: It rolls back spending levels from what they are today
• 12:19
  Speaker 3: to what they were in December of twenty twenty two. Now,
• 12:24
  Speaker 3: last I checked, December of twenty twenty two is five
• 12:26
  Speaker 3: months ago. Remember this, when you see Democrats screaming about
• 12:31
  Speaker 3: these horrible draconian cuts that they're going to picture Granny
• 12:35
  Speaker 3: being thrown off a cliff. They're going to picture people
• 12:37
  Speaker 3: starving in the streets. This budget cuts spending to what
• 12:41
  Speaker 3: it was five months ago, what it was at Christmas
• 12:44
  Speaker 3: time of last year. And it's worth asking anyone if
• 12:50
  Speaker 3: you're at work, if you're talking to your uncle Joe,
• 12:52
  Speaker 3: if you're talking to your next door neighbor, and they say, gosh,
• 12:55
  Speaker 3: these are big spending cuts, it's worth asking them, was
• 13:00
  Speaker 3: it the apocalypse five months ago? Would the world end
• 13:04
  Speaker 3: if we spent as much in the federal government today
• 13:07
  Speaker 3: as we spent five months ago. That's what Joe Biden
• 13:10
  Speaker 3: is freaking out about and calling extreme. What this budget
• 13:14
  Speaker 3: does is it cuts spending to what it was in
• 13:16
  Speaker 3: December of twenty twenty two, and then it allows spending
• 13:20
  Speaker 3: to grow at one percent per year going forward. And
• 13:22
  Speaker 3: what else does it do? It rescinds unspent COVID money.
• 13:28
  Speaker 3: So there's roughly about thirty billion dollars that Congress appropriated
• 13:32
  Speaker 3: to deal with COVID. Now, look, even Joe Biden admits
• 13:35
  Speaker 3: the COVID pandemic the emergency's over. So the Democrats are
• 13:39
  Speaker 3: saying it is radical and extreme not to spend money
• 13:43
  Speaker 3: on a pandemic that's over. That doesn't make any sense.
• 13:47
  Speaker 3: What else does it do it cuts the spending for
• 13:51
  Speaker 3: the eighty seven thousand new IRS agents that the Democrats
• 13:55
  Speaker 3: really want to harass the enemies of the White House,
• 13:59
  Speaker 3: to attack the middle class and the working class. An
• 14:03
  Speaker 3: overwhelming majority of Americans would love to see those eighty
• 14:07
  Speaker 3: seven thousand new IRS agents not materialize. And then one
• 14:13
  Speaker 3: of the biggest things that Democrats are freaking out about
• 14:17
  Speaker 3: is the work requirements for welfare. And this is just
• 14:22
  Speaker 3: a real divide. Look, you want to know what today's
• 14:24
  Speaker 3: Democrats are all about. They're all about paying people not
• 14:28
  Speaker 3: to work. And I got to say, I think, not
• 14:31
  Speaker 3: only is that bad policy, but it's cruel. I think
• 14:34
  Speaker 3: people want to work, they want the dignity of work,
• 14:37
  Speaker 3: they want to self respect. One of the most amazing
• 14:40
  Speaker 3: policy results we had when Trump was president we had
• 14:43
  Speaker 3: Republican majorities in both houses, is seven million Americans came
• 14:47
  Speaker 3: off of food stamps, which meant seven million people got
• 14:51
  Speaker 3: to experience the joy of going to work and providing
• 14:56
  Speaker 3: for their family. And you know, you think about it,
• 14:57
  Speaker 3: that meant like a single mom would be coming home
• 15:01
  Speaker 3: in Dallas, Texas, and she'd be carrying two bags of
• 15:05
  Speaker 3: groceries and she'd set the groceries on the kitchen table,
• 15:08
  Speaker 3: and her kids would look at her with a newfound
• 15:12
  Speaker 3: respect because she'd worked and she'd provided for the family,
• 15:16
  Speaker 3: and she'd look in the mirror and have a new
• 15:19
  Speaker 3: self respect. I think everyone wants to work, and everyone
• 15:25
  Speaker 3: who is able to do so should work. And if
• 15:29
  Speaker 3: you look at welfare reform, which when Bill Clinton was president,
• 15:33
  Speaker 3: Republicans in the House forced Bill Clinton to sign, and
• 15:36
  Speaker 3: by the way, Joe Biden voted for. Ironically enough, today
• 15:39
  Speaker 3: he says work requirements for welfare are extreme and draconian.
• 15:43
  Speaker 3: He voted for them when he was in the Senate,
• 15:46
  Speaker 3: and they were an incredible policy success in the nineteen nineties,
• 15:50
  Speaker 3: just like under Trump. They resulted in millions of people
• 15:54
  Speaker 3: going back to work and people re entering the workforce
• 15:58
  Speaker 3: providing for their families. That is unambiguously good and it
• 16:02
  Speaker 3: helps them in addition to helping everybody else.
• 16:06
  Speaker 1: No doubt about that.
• 16:07
  Speaker 2: I want to ask you also about the fourteenth Amendment,
• 16:09
  Speaker 2: because a lot of people have been hearing about that.
• 16:11
  Speaker 1: What does it actually mean?
• 16:14
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  Speaker 2: Mobile dot com. Senator, let's talk a little bit about
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  Speaker 2: the fourteenth Amendment. Joe Biden's been talking about this, says
• 17:50
  Speaker 2: he thinks he has the authority to use the fourteenth
• 17:52
  Speaker 2: Amendment on the debt ceiling. What's funny about that is
• 17:56
  Speaker 2: Janet Yellen went on TV on Sunday morning and actually
• 17:58
  Speaker 2: contradict to that, saying, no, I don't think that we
• 18:01
  Speaker 2: can use that. There's a lot of mixed signals coming
• 18:04
  Speaker 2: out of this White House. What is the fourteenth Amendment
• 18:07
  Speaker 2: and why are Democrats all of a sudden obsessed with it?
• 18:10
  Speaker 3: Well, democrats hate the debt ceiling. They don't want anything
• 18:13
  Speaker 3: that constrains spending or that constrains debt. And so this
• 18:18
  Speaker 3: is an extreme legal theory. I think it's a frivolous
• 18:21
  Speaker 3: legal theory, but it's something that the radical left is
• 18:24
  Speaker 3: seizing upon right now. Now, what is the fourteenth Amendment?
• 18:27
  Speaker 4: Say?
• 18:28
  Speaker 3: Then, in particular, this focus focuses on section four the
• 18:31
  Speaker 3: fourteenth Amendment. So the fourteenth Amendment was one of three
• 18:35
  Speaker 3: amendments that was passed right after the Civil War. The
• 18:38
  Speaker 3: Thirteenth Amendment end of slavery, the fifteenth Amendment gave African
• 18:44
  Speaker 3: Americans the right to vote. Their foundational landmark amendments. The
• 18:49
  Speaker 3: fourteenth Amendment was likewise absolutely foundational, and its most important
• 18:54
  Speaker 3: provisions ensure everyone gets the equal protection of the laws.
• 18:59
  Speaker 3: That's called the equal Protection Clause, and also protects the
• 19:03
  Speaker 3: rights to due process that you cannot have life, liberty,
• 19:07
  Speaker 3: or property deprived from you by states without due process
• 19:11
  Speaker 3: of law. And that was incredibly important protection of rights
• 19:15
  Speaker 3: and especially rights for African Americans who had been enslaved
• 19:19
  Speaker 3: prior to the Civil War, and the fourteenth Amendment was critical.
• 19:22
  Speaker 3: It was the first major step and constitutional step to
• 19:26
  Speaker 3: protecting people's civil rights. Now Section four dealt with something different,
• 19:31
  Speaker 3: which we'd just come through a civil war. It was
• 19:32
  Speaker 3: very expensive, and there were a bunch of debts that
• 19:35
  Speaker 3: the United States had incurred fighting against the Confederacy, and
• 19:39
  Speaker 3: there were also a bunch of debts the Confederacy had
• 19:42
  Speaker 3: incurred fighting against the Union, and what the Congress wanted
• 19:48
  Speaker 3: to do in the fourteenth Amendment is to say, we're
• 19:51
  Speaker 3: going to pay all the debts of the Union, the
• 19:54
  Speaker 3: debts that were incurred fighting to keep America whole. But
• 19:58
  Speaker 3: we're not going to pay the debts of the Confederates.
• 20:00
  Speaker 3: See the money they borrowed to wage civil war. We're
• 20:03
  Speaker 3: not going to charge the taxpayers for that. We're not
• 20:05
  Speaker 3: going to pay that. You're out of luck if you
• 20:07
  Speaker 3: loan money to fuel the rebellion. So here's what Section
• 20:11
  Speaker 3: four says. Quote, the validity of the public debt of
• 20:15
  Speaker 3: the United States, authorized by law, including debts incurred for
• 20:20
  Speaker 3: payment of pensions and bounties for services in suppressing insurrection
• 20:26
  Speaker 3: or rebellion, shall not be questioned. But neither the United
• 20:32
  Speaker 3: States nor any States shall assume or pay any debt
• 20:36
  Speaker 3: or obligation incurred in aid of an insurrection or rebellion
• 20:41
  Speaker 3: against the United States, or any claim for the loss
• 20:45
  Speaker 3: or emancipation of any slave. But all such debts, obligations,
• 20:50
  Speaker 3: and claims shall be held illegal and void. Now, notice
• 20:54
  Speaker 3: part of that was saying, Okay, there's no debt for
• 20:56
  Speaker 3: the slaves who are liberated. It's not like the prior
• 20:59
  Speaker 3: slave holders could bring a legal claimer say pay us back.
• 21:02
  Speaker 3: It's like, no, slavery was horrible and evil and it
• 21:05
  Speaker 3: is ended, and you ain't get nothing. That's what section
• 21:08
  Speaker 3: four of the Fourteenth Amendment said. Now what has happened
• 21:13
  Speaker 3: is is the far left has seized upon that, and
• 21:18
  Speaker 3: in particular the language that says the validity of the
• 21:22
  Speaker 3: public debt of the United States shall not be questioned.
• 21:26
  Speaker 3: And they say, well, that means the debt ceiling is
• 21:28
  Speaker 3: unconstitutional and Biden can just borrow anything he wants. That
• 21:32
  Speaker 3: position is absurd. It's not what it says. What it
• 21:36
  Speaker 3: says is that the United States was going to pay
• 21:38
  Speaker 3: our debts from fighting the Civil War. But and to
• 21:44
  Speaker 3: be clear, two people who agree with that are Barack
• 21:50
  Speaker 3: Obama and Joe Biden.
• 21:52
  Speaker 2: Two days ago, back in the day, in twenty eleven,
• 21:57
  Speaker 2: Barack Obama actually said this typically about the Fourteenth Amendment
• 22:02
  Speaker 2: and the debt ceiling.
• 22:03
  Speaker 1: Listen to Obama back in twenty eleven.
• 22:06
  Speaker 4: Now, the gentleman asked about the Fourteenth Amendment.
• 22:09
  Speaker 3: There is.
• 22:12
  Speaker 4: There's a provision in our constitution that speaks to making
• 22:19
  Speaker 4: sure that the United States meets its obligations. And there
• 22:22
  Speaker 4: have been some suggestions that a president could use that
• 22:26
  Speaker 4: language to basically ignore this debt ceiling rule, which is
• 22:31
  Speaker 4: a statutory rule, it's not a constitutional rule. I have
• 22:37
  Speaker 4: talked to my lawyers. They do not they are not
• 22:43
  Speaker 4: persuaded that that is a winning argument.
• 22:46
  Speaker 2: I mean, that's the President of United States of America,
• 22:49
  Speaker 2: Joe Biden, back in twenty and eleven. Excuse me, Barack Obama,
• 22:52
  Speaker 2: I say, back in twenty eleven saying that.
• 22:56
  Speaker 3: Yeah, look, Obama, the same thing. The left was pressing
• 22:59
  Speaker 3: Obama do this, and Obama was willing to stand up
• 23:02
  Speaker 3: to him and say, Nope, we can't do it. And
• 23:04
  Speaker 3: just two three days ago, the left was pressing Biden
• 23:08
  Speaker 3: to embrace this same wacky claim, and he told Brooke progressives, Nope, nope,
• 23:12
  Speaker 3: can't do that. And then what happened as Bernie Sanders
• 23:15
  Speaker 3: gave a speech and said, use the fourteenth Amendment, ignore
• 23:18
  Speaker 3: the death ceiling. Borrow, borrow, borrow, bankrupt the country. That's
• 23:21
  Speaker 3: not exactly what he said, it's basically what he said.
• 23:24
  Speaker 3: And you know what, Biden did the same thing he's
• 23:26
  Speaker 3: done for two and a half years. Every time Bernie
• 23:29
  Speaker 3: Sanders in the socialist bark, he rolls over. He does
• 23:33
  Speaker 3: whatever they say. And so he's was in Hiroshima, Japan
• 23:39
  Speaker 3: at the G seven. He wasn't even here negotiating on
• 23:41
  Speaker 3: the dead ceiling, and he said, well, gosh, you know,
• 23:43
  Speaker 3: I think maybe we can do something on the fourteenth Amendment.
• 23:46
  Speaker 3: But then he says, yeah, but it'd be challenging court
• 23:48
  Speaker 3: and it'd be a real problem. So he showed some
• 23:52
  Speaker 3: leg on the fourteenth Amendment, but the claim would be
• 23:56
  Speaker 3: laughed at a court. And there's a reason Janet Yellen,
• 24:00
  Speaker 3: Biden's Treasury secretary, was on TV yesterday morning on a
• 24:05
  Speaker 3: Sunday show saying no, no, we can't do that. It
• 24:09
  Speaker 3: is it's the extreme left in the Democrat Party who
• 24:14
  Speaker 3: want the debt ceiling eliminated for all time because they
• 24:18
  Speaker 3: want to borrow us into oblivion. And let me take
• 24:22
  Speaker 3: another point about even if their argument were right, and
• 24:27
  Speaker 3: it's not, but if their argument were right, that's something
• 24:31
  Speaker 3: about section for the fourteenth Amendment constrained what the president
• 24:37
  Speaker 3: did here. What that would mean is it would mandate
• 24:42
  Speaker 3: that Joe Biden implement prioritization, do what I said. In
• 24:47
  Speaker 3: other words, it would mandate at most what the fourteenth
• 24:51
  Speaker 3: Amendment would say is that when you hit the debt ceiling.
• 24:54
  Speaker 3: Joe Biden must pay interest on the debt. First, there's
• 24:59
  Speaker 3: nothing in the fourteenth Amendment that says Joe Biden has
• 25:04
  Speaker 3: the ability to fund the IRS and the Department of
• 25:07
  Speaker 3: Labor and every other agency without an appropriation from Congress.
• 25:11
  Speaker 3: The Constitution's absolutely clear. The power of the purse is
• 25:16
  Speaker 3: given to Congress, which means the executive cannot spend money
• 25:19
  Speaker 3: that Congress doesn't appropriate. And so Biden can meet the debt,
• 25:25
  Speaker 3: and so if he does that, his threat of default
• 25:29
  Speaker 3: goes away. But there is nothing, There is no credible argument.
• 25:33
  Speaker 3: In fact, it's absurd. I haven't even heard anyone bother
• 25:37
  Speaker 3: to make the argument that the fourteenth Amendment would let
• 25:41
  Speaker 3: Biden do what the left really wants, which is spend
• 25:44
  Speaker 3: on the entirety of the federal government in perpetuity, even
• 25:47
  Speaker 3: without Congress acting. That is not the way the Constitution operates,
• 25:52
  Speaker 3: and it has not been the way the Constitution is
• 25:54
  Speaker 3: ever operated in over two centuries of our nation's existence.
• 25:59
  Speaker 2: Lastly, before we move on to this other big topic
• 26:02
  Speaker 2: with bud Light, if people are listening right now, they say, okay, center,
• 26:06
  Speaker 2: what do I need to do this week?
• 26:08
  Speaker 1: Do they need? What do they need to be doing.
• 26:10
  Speaker 2: Do they need to call their centers, their congressmen both,
• 26:13
  Speaker 2: and what should they be asking for?
• 26:15
  Speaker 3: Look, I think the best solution is support what the
• 26:19
  Speaker 3: House bill. The House Bill is reasonable, It is a
• 26:22
  Speaker 3: good solution. It is not extreme. It is a modest,
• 26:25
  Speaker 3: incremental step that takes makes real progress in reining in
• 26:32
  Speaker 3: that the out of control spending and debt. It is
• 26:34
  Speaker 3: a very reasonable offer. Now, at the end of the day,
• 26:39
  Speaker 3: does anyone think that the House Bill is exactly what
• 26:42
  Speaker 3: we're going to end up with. No, it's going to
• 26:44
  Speaker 3: be a negotiate agreement somewhere between Congress and the White House.
• 26:49
  Speaker 3: But the White House is gambling that they can just
• 26:53
  Speaker 3: say hell no, jump in a lake and the media
• 26:56
  Speaker 3: will protect them. And so everyone listening to this publuckly
• 27:00
  Speaker 3: speak out, call out the Democrats, call out the White
• 27:03
  Speaker 3: House to stop gambling with our economy and to accept
• 27:11
  Speaker 3: the House's very reasonable offer to rein in spending and
• 27:18
  Speaker 3: start to get our fiscal house in order.
• 27:22
  Speaker 2: I want to move to another issue, and that is
• 27:23
  Speaker 2: the issue of bud Light. Senator, you had a very
• 27:29
  Speaker 2: interesting thing to say on bud Light on Fox and Friends,
• 27:33
  Speaker 2: talking about the partnership with bud Light with Dylan mulvainey
• 27:38
  Speaker 2: and the idea that this was potentially marketing purposely to
• 27:44
  Speaker 2: young people, kids, those under twenty one, which is something
• 27:47
  Speaker 2: that you're not supposed to do. But if you look
• 27:50
  Speaker 2: at mulvaney and who her target audiences, it's very clear
• 27:54
  Speaker 2: that a significant portion of it is twenty one and
• 27:58
  Speaker 2: well below twenty one. I would bud Light have wanted
• 28:01
  Speaker 2: to do this. Now, I want to play for everybody
• 28:04
  Speaker 2: what you said a portion of it on Fox and Friends.
• 28:07
  Speaker 1: Listen.
• 28:08
  Speaker 3: Now you're also on a member of the Congress Committee
• 28:11
  Speaker 3: and a Commerce committee, I should say, and you want
• 28:13
  Speaker 3: to investigate what bud Light was doing with Dylan mulvaney.
• 28:17
  Speaker 4: It destroyed a brand that may not recover.
• 28:20
  Speaker 3: What's your focus, Well, listen, I can't think of a
• 28:24
  Speaker 3: company in modern times that has more alienated its customer
• 28:27
  Speaker 3: base and seem to have so little understanding of who
• 28:30
  Speaker 3: it is that actually drinks bud Light. But this week
• 28:34
  Speaker 3: I sent a letter to the CEO of Anheuser Bush
• 28:36
  Speaker 3: along with Senator Marshall Blackburn, because the CEO of Anheuser
• 28:39
  Speaker 3: Busch is also the CEO or the chairman of the
• 28:42
  Speaker 3: Beer Institute which is the regulatory body, the industry regulatory
• 28:47
  Speaker 3: body that regulates itself. And one of the rules that
• 28:50
  Speaker 3: beer companies are supposed to follow is they're not supposed
• 28:52
  Speaker 3: to market to kids. Remember the whole Joe mccampbell thing,
• 28:56
  Speaker 3: This is the same thing here. Well, you know what,
• 28:58
  Speaker 3: Dylan mulvaney. A mass percentage of Dylan Mulvaney's audience are kids,
• 29:03
  Speaker 3: and Budweiser was trying, I believe, with this ill fated
• 29:06
  Speaker 3: marketing attempt to target teenagers. If you look at things
• 29:09
  Speaker 3: Dylan mulvaney has online, it's things like Days of Girlhood.
• 29:14
  Speaker 3: There's another video where Dylan Mulvaneus is singing my name
• 29:17
  Speaker 3: is Eloise and I am six. There's another one where
• 29:20
  Speaker 3: Dylan Molvanius shopping for Barbie dolls. These are clearly things
• 29:23
  Speaker 3: aimed at teenagers and even children younger than teenagers, which
• 29:28
  Speaker 3: violates the rules. And so we're calling on the Beer
• 29:31
  Speaker 3: Institute to investigate the degree to which Anheuser Busch knowingly
• 29:35
  Speaker 3: was marketing to children in going down this road. Center
• 29:39
  Speaker 3: you never stopped Center, Ted Cruz, thanks so much, appreciated, Senator.
• 29:42
  Speaker 2: The idea that they are policing themselves in a sense,
• 29:46
  Speaker 2: and would investigate themselves. That just in itself seems like
• 29:51
  Speaker 2: the whole system is rigged that the people that may
• 29:55
  Speaker 2: have done the campaign are the ones that are regulating
• 29:57
  Speaker 2: the campaigns.
• 29:58
  Speaker 3: Well, it's an unusual circumstance, and it so happens that
• 30:02
  Speaker 3: right now the CEO of Anheuser Busch is also the
• 30:06
  Speaker 3: chairman of the Beer Institute, which is the industry regulatory body.
• 30:09
  Speaker 3: It's a self regulatory body that was agreed to. But
• 30:12
  Speaker 3: one of the things they've agreed to is fairly strict
• 30:16
  Speaker 3: limitations prohibiting marketing to minors that they're supposed to market
• 30:22
  Speaker 3: to adults, people twenty one and over. And you know
• 30:25
  Speaker 3: I mentioned Joe Campbell. You remember there was a hole
• 30:28
  Speaker 3: they stopped focusing on Joe Cammell in the cigarette contact.
• 30:33
  Speaker 3: The same principle applies to beer that they're not supposed
• 30:35
  Speaker 3: to you know, Barney the Dinosaur should not be marketing beer.
• 30:39
  Speaker 3: That's fairly obvious. The point that I raise, and this
• 30:43
  Speaker 3: is a letter that I sent with Senator Marshall Blackburn,
• 30:46
  Speaker 3: is if you look at Dylan mulvaney and I'm setting
• 30:49
  Speaker 3: aside the transgender issue, which is what's dominated the media attention.
• 30:53
  Speaker 3: I'm just looking at what Dylan mulvaney, who the audience is,
• 30:58
  Speaker 3: and whether it's on TikTok or Instagram. The audience's overwhelmingly kids.
• 31:03
  Speaker 3: A lot of them are teenagers, a lot of them
• 31:06
  Speaker 3: are teenage girls, a lot of them are prepubescent girls.
• 31:09
  Speaker 3: You know the song that Dylan Melvany sings, I Am
• 31:13
  Speaker 3: Eloise and I Am six. That's not even a nineteen
• 31:16
  Speaker 3: or twenty year old six shopping for barbies. The last
• 31:20
  Speaker 3: I checked, sixteen year olds don't shop for barbies. That's eight, nine,
• 31:24
  Speaker 3: ten year olds that are shopping for barbies. And what
• 31:29
  Speaker 3: I am pressing on is to what extent did bud
• 31:34
  Speaker 3: Light deliberately market to teenagers and even preteens, And to
• 31:40
  Speaker 3: what extent did they have any data that said, Okay,
• 31:43
  Speaker 3: if we get preteens and teenagers drinking bud Light, they
• 31:47
  Speaker 3: might be a customer for the rest of their lives.
• 31:49
  Speaker 3: And if they did so, that is in direct violation
• 31:53
  Speaker 3: of the rules governing the marketing of beer.
• 31:57
  Speaker 2: You know there's one also, if you go back, the
• 32:00
  Speaker 2: bud Light VP of Marketing actually not only doubled down
• 32:05
  Speaker 2: on her extreme woke strategy, which was to completely radically
• 32:09
  Speaker 2: change this company. But she mentioned declining cells when she
• 32:15
  Speaker 2: took over and also mentioned young people. I want people
• 32:20
  Speaker 2: to hear this. Now, this was before the mulvaney controversy,
• 32:23
  Speaker 2: but this is the bud Light VP of Marketing in
• 32:26
  Speaker 2: her own words in a interview.
• 32:28
  Speaker 5: Well, I'm a businesswoman. I had a really clear job
• 32:31
  Speaker 5: to do when I took over bud Light, and it
• 32:34
  Speaker 5: was this brand is in decline. It's been in decline
• 32:37
  Speaker 5: for a really long time. And if we do not
• 32:40
  Speaker 5: attract young drinkers to come and drink this brand, there
• 32:43
  Speaker 5: will be no future for bud Lights.
• 32:45
  Speaker 1: Young drinkers to drink this brand center.
• 32:48
  Speaker 2: I mean, that's pretty brazen to say. Again, I'm going
• 32:52
  Speaker 2: to read the transcript, and if we do not attract
• 32:55
  Speaker 2: young drinkers to come and drink this brand, there will
• 32:59
  Speaker 2: be no future or by the light, those are her words.
• 33:03
  Speaker 3: You know. It's funny, Ben. In the couple of days
• 33:08
  Speaker 3: since I sent this letter calling for this investigation, the left,
• 33:12
  Speaker 3: both Democrats and in particular left wing media outlets have
• 33:15
  Speaker 3: been losing their mind. MSNBC has been running these pieces saying,
• 33:19
  Speaker 3: you know, Cruise is this radical filled with hate, and
• 33:23
  Speaker 3: none of them actually address the substantive point that beer
• 33:28
  Speaker 3: companies are bound by rules not to market to kids,
• 33:31
  Speaker 3: and none of them are disputing what I think is
• 33:35
  Speaker 3: indisputable is that Dylan mulvaney is engaged in an aggressive
• 33:40
  Speaker 3: campaign marketing to kids. Those are facts, and those are
• 33:45
  Speaker 3: facts that Look, when it comes to transgender issues, today's
• 33:49
  Speaker 3: left is so extreme that you're not allowed to question
• 33:52
  Speaker 3: anything about it, and so they're reflexively circling the wagons saying,
• 33:57
  Speaker 3: how dare Cruz ask these questions? Well, you know, I've
• 34:02
  Speaker 3: got a job to do. My job's to represent thirty
• 34:04
  Speaker 3: million Texans, and my job is also as the ranking
• 34:07
  Speaker 3: member on the Commerce Committee, we've got direct jurisdiction over
• 34:11
  Speaker 3: beer companies marketing to kids, and so we're going to
• 34:14
  Speaker 3: press to get to the bottom of it. And I'll
• 34:16
  Speaker 3: tell you this, if bud Light has marketing documents that
• 34:20
  Speaker 3: say have projections of how many teenagers they could get
• 34:24
  Speaker 3: to drink bud Light by marketing to them, that is
• 34:28
  Speaker 3: going to be a big, big problem. If they deliberately
• 34:32
  Speaker 3: went down this road to do what you just played
• 34:35
  Speaker 3: from the VP of marketing to try to get more
• 34:37
  Speaker 3: young drinkers underage.
• 34:40
  Speaker 2: Yeah, well, in her words, we got to get young drinkers.
• 34:44
  Speaker 2: That's pretty damning right there. I want to also talk
• 34:47
  Speaker 2: about a Republican and I would say Icon, especially behind
• 34:52
  Speaker 2: the scenes, on individual who's we should take a moment
• 34:56
  Speaker 2: and celebrate his life who has passed away.
• 34:59
  Speaker 1: But before I do that one, talk to you real
• 35:00
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• 35:01
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• 36:27
  Speaker 1: Senator, there is a name.
• 36:28
  Speaker 2: Some may remember this name, others may not, but nonetheless
• 36:36
  Speaker 2: see Boyden Gray who was a lawyer. He has been
• 36:40
  Speaker 2: in the establishment conservative passed away at the age of eighty.
• 36:45
  Speaker 2: He was What I love about his story is he's
• 36:47
  Speaker 2: a former Democrat. He actually served as White House counsel
• 36:50
  Speaker 2: under George Bush and aided presence including Ronald Reagan and
• 36:54
  Speaker 2: Donald J.
• 36:55
  Speaker 1: Trump.
• 36:55
  Speaker 2: He has passed away at what an amazing man. You've
• 36:58
  Speaker 2: spent a lot of time with him. Let's talk a
• 37:00
  Speaker 2: little bit about what he did for this country.
• 37:03
  Speaker 3: Well, Boyden Gray passed away yesterday. He was eighty years old.
• 37:07
  Speaker 3: He was someone who's a good friend. I knew Boyden
• 37:09
  Speaker 3: very well. He lived a remarkable life. He was born
• 37:12
  Speaker 3: in nineteen forty three in Winston Salem, North Carolina, and
• 37:18
  Speaker 3: he came from a family who had been an extraordinary family.
• 37:21
  Speaker 3: His dad, a fellow named Gordon Gray, was the US
• 37:26
  Speaker 3: National Security Advisor to President Dwight D. Eisenhower. So when
• 37:31
  Speaker 3: it comes to government service, it was a tradition in
• 37:33
  Speaker 3: the family. His grandfather was president of the RJ. Reynolds
• 37:37
  Speaker 3: Tobacco Company. So Boyden came from considerable wealth. He went
• 37:46
  Speaker 3: to Harvard University in nineteen sixty four. He wrote for
• 37:49
  Speaker 3: the Harvard Crimson and then he enlisted the Marines and
• 37:53
  Speaker 3: he was a sergeant in the Marines from nineteen sixty
• 37:55
  Speaker 3: five to nineteen seventy. He then went to the University
• 37:59
  Speaker 3: of North Carolina Law School and he was editor in
• 38:02
  Speaker 3: chief of the North Carolina Law Review, and he was
• 38:04
  Speaker 3: first in the class. And from that he became a
• 38:07
  Speaker 3: law clerk to the Chief Justice of the United States,
• 38:10
  Speaker 3: to Earl Warren, which is pretty extraordinary. And he became
• 38:15
  Speaker 3: a very prominent lawyer in private practice at the Wilmer, Cutner,
• 38:21
  Speaker 3: Cutler and Pickering, which is a big d C. Law firm,
• 38:26
  Speaker 3: And then in nineteen eighty one he went to work
• 38:30
  Speaker 3: for the White House as legal counsel for the Vice President,
• 38:33
  Speaker 3: George Herbert Walker Bush. When Bush became president, he came
• 38:38
  Speaker 3: back and became the White House counsel for Bush forty one,
• 38:42
  Speaker 3: and he was very close to Bush forty one. The
• 38:44
  Speaker 3: two of them played tennis together. They were close friends together.
• 38:48
  Speaker 3: Boyden was someone who he was an unusual guy. He
• 38:51
  Speaker 3: was about six feet six, he was tall, skinny, lanky,
• 38:55
  Speaker 3: and he was brilliant. I mean, he had a mind
• 38:58
  Speaker 3: that was a marvel to behold, and he was passionate
• 39:03
  Speaker 3: about freedom. He'd been a Democrat, he'd been a law
• 39:06
  Speaker 3: clerk for Earl Warren, but he was in no way,
• 39:09
  Speaker 3: shape and form a liberal. He believed in freedom and
• 39:13
  Speaker 3: especially economic liberty when it came to regulatory reform. I
• 39:18
  Speaker 3: don't know that there's been a more important person in
• 39:20
  Speaker 3: the last fifty years fighting to rein in the regulatory
• 39:24
  Speaker 3: state than Boyden Gray. He was relentless, He was very
• 39:28
  Speaker 3: active with Freedom Works, which played a big part in
• 39:31
  Speaker 3: electing me. Boyden was also an early supporter of mine,
• 39:37
  Speaker 3: and when I ran for the Senate, Boyden supported me
• 39:40
  Speaker 3: right at the outset. You know, when I first ran
• 39:43
  Speaker 3: in twenty twelve, when we started, I was at two
• 39:45
  Speaker 3: percent in the polls, and we refer to the folks
• 39:48
  Speaker 3: that were with us from day one as the two percenters.
• 39:51
  Speaker 3: You had to be really out of your mind. Actually, Ben,
• 39:53
  Speaker 3: you were a two percenter, and Boyden was a two percenter,
• 39:57
  Speaker 3: and he hosted fundraisers for me at his home in
• 40:02
  Speaker 3: d C. He backed me early on, and Boyden was brilliant.
• 40:07
  Speaker 3: He was also deeply involved in battles over the Supreme
• 40:11
  Speaker 3: Court when Clarence Thomas. When Bush forty one nominated Clarence Thomas,
• 40:15
  Speaker 3: Boyden was intimately involved in defending Clarence Thomas for the
• 40:20
  Speaker 3: vigorous attack that came after him and getting Thomas through
• 40:25
  Speaker 3: the Senate. And you know, Boyden was I'll tell you
• 40:29
  Speaker 3: something that actually a lot of people don't know. One
• 40:31
  Speaker 3: of the things Boyden was quite passionate about was people
• 40:35
  Speaker 3: with disabilities. And Boyden played a pivotal role in passing
• 40:42
  Speaker 3: the Americans with Disabilities Act. W Boyden Gray and Dick Thornberg,
• 40:45
  Speaker 3: who was the Attorney General under Bush forty one. The
• 40:48
  Speaker 3: two of them were the leading architects of the Americans
• 40:51
  Speaker 3: with Disability Act, and Bush forty one signed it. And
• 40:54
  Speaker 3: you know it's interesting, a lot of Democrats pretend, oh,
• 40:57
  Speaker 3: the ADA is their policy. Well, no, it was Republicans
• 41:01
  Speaker 3: who wrote it. It was Republicans who passed it. It was
• 41:04
  Speaker 3: Republicans who made it happen. And I believe the Americans
• 41:07
  Speaker 3: of Disability Act is a very conservative policy. We started
• 41:10
  Speaker 3: this podcast by talking about the dignity of work. That
• 41:15
  Speaker 3: everyone wants to work, that everyone wants to provide for
• 41:19
  Speaker 3: their own family, and I think people with disabilities that's
• 41:23
  Speaker 3: especially true. Look, if you're blind, if you use a wheelchair,
• 41:26
  Speaker 3: if you have some other impairment. Look, if you're blind,
• 41:31
  Speaker 3: you probably can't be an airline pilot, but there's a
• 41:33
  Speaker 3: lot of good work you can do if you're you know,
• 41:37
  Speaker 3: if you use a wheelchair, you're probably not going to
• 41:40
  Speaker 3: run track, but there are lots of things you can do,
• 41:43
  Speaker 3: including be the governor of the state of Texas. The
• 41:47
  Speaker 3: ADA was all about empowering people with disabilities to work.
• 41:53
  Speaker 3: To their maximum potential and have their maximum independence. And
• 41:57
  Speaker 3: fast forward to nine nine and two thousand, I was
• 42:01
  Speaker 3: a young lawyer. I was working on George W. Bush's
• 42:03
  Speaker 3: campaign and was domestic policy advisor and covered all sorts
• 42:08
  Speaker 3: of legal areas, but one of the areas I covered
• 42:11
  Speaker 3: was disability policy, and I worked very closely with both
• 42:15
  Speaker 3: Boyden and Dick Thornberg in drafting what became George W.
• 42:20
  Speaker 3: Bush's disability policy, which was the New Freedom Initiative, which
• 42:25
  Speaker 3: he introduced and passed early in his presidency. And it
• 42:30
  Speaker 3: again made a real difference helping people with disability live
• 42:34
  Speaker 3: with a maximum independence and engagement in the workforce. All
• 42:40
  Speaker 3: of that is is an incredible legacy. But I'll tell
• 42:44
  Speaker 3: you Ben, actually my favorite memory of Boyden has nothing
• 42:47
  Speaker 3: to do with his impact in life. But Boyden, I've
• 42:51
  Speaker 3: spent time at his house. He had a beautiful house
• 42:55
  Speaker 3: in Georgetown, and one of my favorite memories was being
• 43:00
  Speaker 3: at his house with him and a couple of other
• 43:02
  Speaker 3: folks playing bridge with him. And he was brilliant and
• 43:06
  Speaker 3: fun and smart, and he had a dry sense of humor.
• 43:10
  Speaker 3: And I'm grateful for the legacy Boyd and Gray left
• 43:15
  Speaker 3: for our country. And both Heidi and I were going
• 43:19
  Speaker 3: to miss him. He was an extraordinary man and an
• 43:21
  Speaker 3: extraordinary patriot.
• 43:23
  Speaker 2: I love the story and like you said, what a
• 43:26
  Speaker 2: great legacy to leave behind, an incredible work that he
• 43:29
  Speaker 2: has done, and again, a Boyd and Gray lawyer for
• 43:34
  Speaker 2: the Republican establishment. An amazing guy passed away at the
• 43:38
  Speaker 2: age of eighty one, an amazing life he had lived,
• 43:41
  Speaker 2: and an incredible legacy that he's left behind. Don't forget
• 43:45
  Speaker 2: we do this show three days a week, so make
• 43:47
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• 43:50
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• 43:52
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• 43:55
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• 43:57
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• 44:00
  Speaker 2: And we will see you guys back here in a
• 44:02
  Speaker 2: couple of days.