Latest / DEEP INSIGHT / Trump cancels signing of bipartisan housing bill, urges Congress to pass SAVE Act

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Trump cancels signing of bipartisan housing bill, urges Congress to pass SAVE Act · DEEP INSIGHT

• 0:00
  Speaker 1: If you ever want to know why we always keep
• 0:02
  Speaker 1: our phones close, it's because the news is actively happening
• 0:05
  Speaker 1: while we're on the air, including two minutes ago where
• 0:08
  Speaker 1: President Trump put a post on truth social saying that
• 0:10
  Speaker 1: he was actually canceling signing that big bipartisan housing bill
• 0:14
  Speaker 1: that just passed again bipartisan through Congress.
• 0:17
  Speaker 2: Trump was supposed to.
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  Speaker 1: Sign it today. Now he's saying he is canceling it
• 0:21
  Speaker 1: until such time as we pass the Save America Act.
• 0:24
  Speaker 1: He says he considers that bill to be a national emergency.
• 0:28
  Speaker 1: This is once again, as we were talking about potential
• 0:31
  Speaker 1: own goals from the President to Republicans in Congress. Any
• 0:35
  Speaker 1: of these Republicans planned to run on this bill trying
• 0:38
  Speaker 1: to tackle affordability issues ahead of the midterms. Of course
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  Speaker 1: Democrats were going to do the same thing. It all
• 0:44
  Speaker 1: now comes, of course, as President Trump is still lashing
• 0:46
  Speaker 1: out on truth social at other lawmakers for passing a
• 0:49
  Speaker 1: different resolution, this one would have blocked him from resuming
• 0:52
  Speaker 1: the Iran war. He wrote on truth social that he
• 0:54
  Speaker 1: has quote Iran on the ropes and that the Senate
• 0:57
  Speaker 1: just made his job more difficult. Republican senators broke ranks
• 1:01
  Speaker 1: to vote for that resolution yesterday. It passed the House
• 1:04
  Speaker 1: earlier this month. A lot for us to get back
• 1:06
  Speaker 1: to with the group chat as we sort of unpack
• 1:09
  Speaker 1: all of these things at once. Right there was supposed
• 1:12
  Speaker 1: to be a tough lunch abby as well as a
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  Speaker 1: bill signing, as well as negotiating around a reality check
• 1:18
  Speaker 1: on the Save America Act. And now the President is
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  Speaker 1: dashing Republican hopes of having a new bill on affordability
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  Speaker 1: to run on and also putting them again in a
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  Speaker 1: position where they're not going to pass this bill.
• 1:30
  Speaker 3: If you are a traditional normal president, your entire job
• 1:34
  Speaker 3: at this moment in time is to get those Republican
• 1:36
  Speaker 3: senators re elected.
• 1:37
  Speaker 1: And yet here on Earth.
• 1:38
  Speaker 3: B there seems to be the only thing more fun
• 1:41
  Speaker 3: than tormenting Democrats right now seems to be tormenting Senate Republicans,
• 1:45
  Speaker 3: and he is making their lives actively harder the Save Act.
• 1:48
  Speaker 3: He was using his leverage with the John Cornyan endorsement
• 1:51
  Speaker 3: during the Senate race. That race is over. He has
• 1:53
  Speaker 3: metaphorically already shot the hostage on this situation, and so
• 1:57
  Speaker 3: you have just this. It just seems to be this
• 2:02
  Speaker 3: is going to land on him in six months if
• 2:03
  Speaker 3: he loses the Senate because he's not going to be
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  Speaker 3: able to get confirmations through, and this is all going
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  Speaker 3: to come to a head. We'll see if it flips.
• 2:09
  Speaker 1: We'll see if it flipp Also, though, think about the
• 2:12
  Speaker 1: fact that Democrats actually feel that they could and I
• 2:15
  Speaker 1: say could because it's a long shot still to flip
• 2:17
  Speaker 1: the Senate, but they were absolutely freaked. If you go
• 2:21
  Speaker 1: back a year ago looking at this map and now
• 2:23
  Speaker 1: the entire atmospheric seem to have changed, and they feel
• 2:26
  Speaker 1: they have the wind at their back. I think this
• 2:27
  Speaker 1: is just another example of how Trump further complicates things.
• 2:30
  Speaker 4: Absolutely freakd is exactly right. I mean, one of the
• 2:32
  Speaker 4: most interesting dynamics of his entire second term has been
• 2:35
  Speaker 4: the vulnerability that Trump has opened up for himself is
• 2:38
  Speaker 4: on this populace stuff. When he won, one of the
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  Speaker 4: ideas was this is a new kind of Republican is
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  Speaker 4: going to come in here and do these populous things
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  Speaker 4: that are very exciting to a lot of voters. We
• 2:48
  Speaker 4: think about those no taxes on tips in that big
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  Speaker 4: ability put out there that a lot of Republicans did
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  Speaker 4: not like that kind of thing. This housing bill is
• 2:55
  Speaker 4: one of those things. Where had we pushed through a
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  Speaker 4: lot of people who are like, I don't know if
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  Speaker 4: I like this. The banks aren't happy with this, the
• 3:00
  Speaker 4: developers don't love this. Should we do this? And this
• 3:03
  Speaker 4: was supposed to be kind of like the change he
• 3:05
  Speaker 4: was supposed to bring the Republican Party that would create
• 3:08
  Speaker 4: this decades long ascension of it. And this is the
• 3:12
  Speaker 4: thing that they keep stumbling and falling flat on their
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  Speaker 4: face with. And you have another moment today where all
• 3:18
  Speaker 4: that populism, all that conversion about houses, We're going to
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  Speaker 4: come make your houses cheaper. We're not going to do
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  Speaker 4: that because you have to pass a very esoteric and
• 3:24
  Speaker 4: confusing bill about elections that your local election person, your
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  Speaker 4: local state leader does not want us to pass.
• 3:31
  Speaker 1: Yeah, and it's a very.
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  Speaker 4: Very confusing, confusing move.
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  Speaker 1: And I also think that it's important for us to
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  Speaker 1: remind that it's not like for the same of America Act.
• 3:39
  Speaker 1: Every single Republican in the Senate is sitting there like, yes,
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  Speaker 1: we want to pass this. There is concern within the caucus. Yes,
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  Speaker 1: the majority of them might want it, but not in
• 3:47
  Speaker 1: the numbers that they need. And so when you consider
• 3:50
  Speaker 1: the fact that the President is going to this lunch
• 3:52
  Speaker 1: in the immediate aftermath of this tweet. But then also
• 3:55
  Speaker 1: the War Powers Resolution passing.
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  Speaker 2: I mean, what does it say He's got very little
• 4:01
  Speaker 2: capital at this moment on any of these issues. The
• 4:05
  Speaker 2: Housing bill would seem to be, like you said, one
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  Speaker 2: of the Trump populist wins, also something that passed with
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  Speaker 2: bipartisan support. The abundance. Democrats like it, Progressives like it.
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  Speaker 2: You know, you can make a case that it's going
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  Speaker 2: to have long term positive effects that you know, Republicans
• 4:20
  Speaker 2: can brag about later on as a you know, Trump
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  Speaker 2: era accomplishment. You know, Foon keeps saying Save Act is
• 4:26
  Speaker 2: not happening. And you know, though the War Powers Resolution
• 4:31
  Speaker 2: was non binding, it's still showing you that support for
• 4:34
  Speaker 2: the war is not there, that if it ever actually
• 4:38
  Speaker 2: went to a you know, a full binding vote, that
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  Speaker 2: he wouldn't get it. And so now he's going into
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  Speaker 2: this room saying this one win, forget that, and these
• 4:48
  Speaker 2: other things that I probably won't win. I'm going to
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  Speaker 2: stamp my feet until you come to my side. I
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  Speaker 2: don't see it happening.
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  Speaker 1: Let's say on the War Powers piece for a moment,
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  Speaker 1: because we have a great viewer question from Melissa s
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  Speaker 1: in Virginia. She says, why is the War Powers resolution
• 5:02
  Speaker 1: voted on by the Senate only symbolic? And if it's
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  Speaker 1: only symbolic, where are the checks and balances?
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  Speaker 3: The checks and the balances come in appropriations the government spending,
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  Speaker 3: which Congress is technically supposed to control. And that is
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  Speaker 3: why Elon Musk's doge movement was so terrifying to the Congress.
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  Speaker 3: And so I think the question is whether Republicans are
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  Speaker 3: going to get to a point where they start cutting
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  Speaker 3: off funding for President the president's initiatives. And I don't
• 5:25
  Speaker 3: know if we'll get to that point, but boy, they
• 5:26
  Speaker 3: seem frustrated.
• 5:27
  Speaker 1: They seem frustrated. And the other reason why this is
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  Speaker 1: largely symbolic is that if it were to become a law,
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  Speaker 1: Trump would have to sign it. He is not signing this.
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  Speaker 1: They don't have a veto proof majority, and so that
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  Speaker 1: would leave it there. But then also I'm pretty sure
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  Speaker 1: they did this as a concurrent resolution, and so it's
• 5:41
  Speaker 1: through a different procedural mechanism on Capitol Hill. But nevertheless,
• 5:44
  Speaker 1: the message I think is loud at a moment where
• 5:47
  Speaker 1: if the check comes on appropriation, this is a Congress
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  Speaker 1: that has not been briefed in a way that they appreciate.
• 5:53
  Speaker 1: They don't feel they're getting transparency from the administration. They
• 5:55
  Speaker 1: also were not able to vote to begin the Iran war,
• 5:59
  Speaker 1: and yet here they are potentially on the hook to
• 6:01
  Speaker 1: vote for eighty billion dollars in extra spending to help
• 6:04
  Speaker 1: replenish munition stockpiles and other things because of actions in Iran.
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  Speaker 1: How do you think that lands.
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  Speaker 4: I don't think it lands very well so far, it hasn't.
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  Speaker 4: But I'm saying, you know, the big challenge here for Trump,
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  Speaker 4: and he's in the Senates world now, like this is
• 6:16
  Speaker 4: different than the House. From the House, you can sort
• 6:17
  Speaker 4: of twist arms and make these people do things.
• 6:19
  Speaker 2: In the Senate.
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  Speaker 4: A lot of this stuff's going on right now. It's
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  Speaker 4: like the filibuster. Trump wants to get rid of it.
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  Speaker 4: Senators can just say no, we're not doing that. Like
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  Speaker 4: he has no real power to make that happen. So
• 6:29
  Speaker 4: the more he sort of gets engaged with this esoteric
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  Speaker 4: Senate stuff, it's very like, you know, senators doing senator stuff.
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  Speaker 4: This is their happy place. They don't have to fight
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  Speaker 4: him on Trump's stuff. They don't have to fight him
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  Speaker 4: on maga politics. He can say no, no, these are our rules.
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  Speaker 4: We're not going to change them. Sorry, And they can
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  Speaker 4: just do that. And that's what Thune keeps saying, right,
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  Speaker 4: it's not even a question of is to say that
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  Speaker 4: act a good idea or a bad idea. He's just saying,
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  Speaker 4: I can't blow up the filibuster. I don't have the votes.
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  Speaker 4: This is an easy place for them to fight him
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  Speaker 4: on because it's in.
• 6:57
  Speaker 1: Their house, it is on their own turf, and yet
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  Speaker 1: we have yet to see Republicans do any kind of major,
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  Speaker 1: tangible pushback from the hill. Maybe this is the point,
• 7:08
  Speaker 1: because the primaries are largely over, because November is closer
• 7:12
  Speaker 1: than it is in the future mirror. Maybe this is
• 7:14
  Speaker 1: the moment, but we have not seen it yet. We're
• 7:17
  Speaker 1: going to wait to see what that lunch brings, and
• 7:19
  Speaker 1: of course we'll keep our phones close just in case.