Latest / The 47 Morning Update with Ben Ferguson / Trump Moves to Save Americans Billions in Tax Dollars

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Trump Moves to Save Americans Billions in Tax Dollars · The 47 Morning Update with Ben Ferguson

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  Speaker 1: And I was saying before, with a Party of common sense,
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  Speaker 1: you know, we don't want to have men playing in
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  Speaker 1: women's sports. And I'm going to work it out that
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  Speaker 1: there's no tax on social security for seniors, no tax
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  Speaker 1: on tips.
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  Speaker 2: You're listening to the forty seven Morning Update with Ben Ferguson.
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  Speaker 3: Good Wednesday morning, Ben Ferguson with you, and it's nice
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  Speaker 3: to have you on the forty seven Morning Update. We've
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  Speaker 3: got three big stories for you this morning, including Donald
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  Speaker 3: Trump pledges to end taxes on overtime tips and social
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  Speaker 3: Security benefits. I'll explain the breakdown for you in a moment. Also,
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  Speaker 3: in a major victory for children, Donald Trump has signed
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  Speaker 3: an executive order protecting children from gender mutilation. And finally,
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  Speaker 3: Trump holts three trillion in federal grants pending review of
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  Speaker 3: compliance with his executive orders. Democrats are fighting back with
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  Speaker 3: many lies about what this actually does. Forty seven Morning Update,
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  Speaker 3: and it starts right now.
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  Speaker 2: Story number one.
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  Speaker 3: It was a campaign promise that very well may have
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  Speaker 3: won several different swing states for Donald Trump. The promise
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  Speaker 3: he made on the campaign was this, they're.
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  Speaker 1: Going to destroy social security. I am going to leave
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  Speaker 1: social Security. I'm not raising the years. I'm not raising
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  Speaker 1: the age. I will be saving social Security and I'm
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  Speaker 1: going to work it out that there's no tax on
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  Speaker 1: Social Security for seniors. I'm also doing no tax on tips,
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  Speaker 1: no tax on tips. So waiters, waitresses, caddies, people that
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  Speaker 1: drive cars, people that get tips, who have been harassed
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  Speaker 1: by this government, We're gonna have no tax on tips.
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  Speaker 1: That's a big thing.
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  Speaker 3: It is a big thing, and it was a big
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  Speaker 3: thing that may have catapulted him to the White House. Well,
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  Speaker 3: now the president is moving forward working with Congress to
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  Speaker 3: make all of these promises, including no taxes on overtime.
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  Speaker 3: You can add that to the list of promises and
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  Speaker 3: what he's trying to pay off on. So let's go
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  Speaker 3: through these so you understand exactly what is happening. The
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  Speaker 3: taxes on tips and overtime. The proposal that Trump has
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  Speaker 3: now come up with aims to work with Congress to
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  Speaker 3: now pass legislation that would exclude workers' tips and overtime
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  Speaker 3: earnings from federal taxation. Now, what is the impact, Well,
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  Speaker 3: this would increase take home pay for workers in industries
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  Speaker 3: like hospitality. Critics are warning that this quote might lead
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  Speaker 3: to employers reducing base wages, even though there's absolutely no
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  Speaker 3: evidence of that. That is what Democrats are fighting back with.
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  Speaker 3: Let's move to Social Security. The goal of this for
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  Speaker 3: Donald Trump is to simply have more money for retirees.
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  Speaker 3: Seniors would receive their full Social Security benefits without reductions
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  Speaker 3: due to taxation, improving their financial well being, in essence,
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  Speaker 3: giving a cost of living increase a raise to every
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  Speaker 3: single recipient of SECURE. This would also allow, as Donald
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  Speaker 3: Trump has argued this week, for better retirement security. Retirees
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  Speaker 3: living on a fixed income would have more funds available
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  Speaker 3: for necesses like healthcare, housing, and daily expenses that have
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  Speaker 3: skyrocketed because of Biden inflation. And it would also help
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  Speaker 3: stimulate the economy, President Trump says as well, increasing consumer spending.
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  Speaker 3: With more money in their pockets, seniors could contribute more
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  Speaker 3: to the economy by spending on goods and services. Now,
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  Speaker 3: both of these proposals aim to put more money directly
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  Speaker 3: into the hands of workers and retirees, which could improve
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  Speaker 3: financial stability and also stimulate economic growth. So of course,
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  Speaker 3: you know now why so many Democrats are coming out
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  Speaker 3: and saying they're against this proposal because they're against Americans
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  Speaker 3: actually being able to take care of themselves and enjoy.
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  Speaker 2: Life now story number two.
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  Speaker 3: Donald Trump made two promises to the American people during
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  Speaker 3: the campaign. One of them was the issue of transgender
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  Speaker 3: surgeries against miners, saying it's time for us to get
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  Speaker 3: rid of that in the United States of America. No
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  Speaker 3: miner should be mutilated, especially to a young age when
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  Speaker 3: they are a minor. He also made it clear that
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  Speaker 3: he wanted to protect women's sports, getting men transgenders out
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  Speaker 3: of women's locker rooms. How important is this subject to
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  Speaker 3: the president. Well, on the day he was inaugurated, at
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  Speaker 3: one of the inaugural balls that night, President Trump said
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  Speaker 3: this to the crowd.
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  Speaker 1: And I was saying, before, with a party of common sense,
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  Speaker 1: you know, we don't want to have men playing in
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  Speaker 1: women's sports. We don't want to have transgender operations for everyone.
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  Speaker 3: Well, Donald Trump, just one week later, has made part
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  Speaker 3: of what he just talked about become a reality. President
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  Speaker 3: Trump has signed an executive order prohibiting sex reassignment surgeries
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  Speaker 3: for miners. Supporter of the decision are saying thank you
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  Speaker 3: to the present because of how the order was written
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  Speaker 3: a protection of minors. The order aims to quote safeguard
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  Speaker 3: children from making irreversible medical decisions at a young age,
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  Speaker 3: ensuring they reach maturity before considering such procedures. It also
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  Speaker 3: goes into the health and safety aspects of these surgeries.
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  Speaker 3: By delaying these surgeries into adulthood, the policy seeks to
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  Speaker 3: prevent potential medical complications and psychological impacts associated with early
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  Speaker 3: gender transition. And then, parental involvement was part of the
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  Speaker 3: executive order, emphasizing the importance of parental guidance in significant
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  Speaker 3: medical decisions, promoting family involvement in a child's well being,
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  Speaker 3: something that many medical professionals have not wanted to be
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  Speaker 3: a part of the decision making process, and at many
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  Speaker 3: schools they also were doing everything they could hide from
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  Speaker 3: parents a child's decision to quote be transgender. Advocates are
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  Speaker 3: now saying this measure, which has now become an executive order,
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  Speaker 3: will prioritize the long term health and safety of minors,
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  Speaker 3: allowing them to make fully informed decisions about their bodies,
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  Speaker 3: not as children, but as adults. This is another common
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  Speaker 3: sense approach where Donald Trumps said after eighteen, you can
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  Speaker 3: do what you want to do, but when you are
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  Speaker 3: a child, it is my job to protect you from
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  Speaker 3: the radical leftists out there that are trying to indoctrinate
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  Speaker 3: your children into a radical alternative lifestyle.
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  Speaker 2: And lastly, story number three.
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  Speaker 3: Donald Trump sent shockwaves through the federal government today as
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  Speaker 3: he halted three trillion in federal grants pending review of
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  Speaker 3: compliance with his executive orders. President Trump ordering the suspension
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  Speaker 3: of all federal grantsants, loans, and other financial programs pending
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  Speaker 3: what they described as a thorough agency review. The decision
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  Speaker 3: was announced in a two page memo from the Office
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  Speaker 3: of Management and Budget titled Temporary Pause of Agency Grant,
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  Speaker 3: loan and other financial assistance Programs. According to the memo,
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  Speaker 3: it affects at least three trillion and federal outlays.
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  Speaker 1: Now.
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  Speaker 3: Democrats immediately seized on this to say that Donald Trump
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  Speaker 3: was going to stop giving food stamps to Americans and
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  Speaker 3: he was going to stop sending out SOCID security checks.
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  Speaker 3: That is a lie on both of those issues. The
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  Speaker 3: White House was quick to respond and correct the issue,
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  Speaker 3: calling out Democrats for causing panic among seniors and mothers
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  Speaker 3: who are just trying to feed their kids. So let
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  Speaker 3: me tell you what exactly is in this freeze. Number one,
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  Speaker 3: The goal is to enhance fiscal responsibility, how are they
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  Speaker 3: going to do it? Through a thorough review of expenditure,
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  Speaker 3: the pause will allow for a comprehensive assessment of federal
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  Speaker 3: programs to determine their necessity efficiency, potentially identifying and eliminating
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  Speaker 3: wasteful spending. This is something that every American should be
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  Speaker 3: in favor of. Number two inflation mitigation, control of excessive spending.
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  Speaker 3: By scrutinizing and potentially reducing unnecessary expenditures, The initiative aims
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  Speaker 3: to address unchecked spending that can contribute to inflation, thereby
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  Speaker 3: protecting the American economy. And number three alignment with policy objectives.
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  Speaker 3: Focusing on core priorities, The freeze seeks to redirect funds
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  Speaker 3: towards programs that directly support the administration's goals, such as
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  Speaker 3: promoting efficiency in government operations and ending initiatives deemed misaligned
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  Speaker 3: with current policy directions of the Trump administration. And finally,
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  Speaker 3: number four, potential long term saving reduction of federal bloat.
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  Speaker 3: By evaluating in justifying each program's expenditures, the government could
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  Speaker 3: achieve significant savings, white House says, potentially amounting to hundreds
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  Speaker 3: of billions of dollars benefiting taxpayers. Yet again in the
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  Speaker 3: long run. Bottom line, the Trump administration is making it
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  Speaker 3: clear that this is a strategic pause and a prudent
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  Speaker 3: measure to ensure that taxpayer dollars are utilized effectively, fostering
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  Speaker 3: a more accountable and efficient federal government for the workers
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  Speaker 3: the taxpayers in America.
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  Speaker 2: Thank you for listening to the forty seven Morning Update
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  Speaker 2: with Ben Ferguson. Please make sure you hit subscribe wherever
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  Speaker 2: you're listening to this podcast right now and for more
• 9:47
  Speaker 2: in depth news, also subscribe to the Ben Ferguson podcast
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  Speaker 2: and we will see you back here tomorrow.