Senator Eric Schmitt
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Podcast Appearances
Charlie, what you've done is incredible here.
Charlie, what you've done is incredible here.
I want you to know we are lucky to have Charlie Kirk.
I want you to know we are lucky to have Charlie Kirk.
At the moment, no. In fact, there's no chance it could pass the Senate right now. But we do have two legislative chambers. It's passed now. It's coming over to the Senate. The Big, beautiful bill is big. It isn't yet as beautiful as it needs to be, but there's still time to fix it. And the Senate version is going to be more aggressive.
At the moment, no. In fact, there's no chance it could pass the Senate right now. But we do have two legislative chambers. It's passed now. It's coming over to the Senate. The Big, beautiful bill is big. It isn't yet as beautiful as it needs to be, but there's still time to fix it. And the Senate version is going to be more aggressive.
It can, and I think it has to be, or else it's not going to pass. Now, look, the Republicans in the House gave us some good wins. This bill extends the Tax Cuts and Jobs Act to make sure that we don't end up with a $4 trillion tax bomb going off, exploding in front of the American people. It Helps revitalize the military. It funds the completion of the southern border wall.
It can, and I think it has to be, or else it's not going to pass. Now, look, the Republicans in the House gave us some good wins. This bill extends the Tax Cuts and Jobs Act to make sure that we don't end up with a $4 trillion tax bomb going off, exploding in front of the American people. It Helps revitalize the military. It funds the completion of the southern border wall.
It helps fund the crackdown on illegal immigration. Those are all great things. We've got to deliver more than that, though. We've increased spending by like 58% just over the last five years, just since the pandemic. So we've got to address the spending crisis to a greater degree than this bill does.
It helps fund the crackdown on illegal immigration. Those are all great things. We've got to deliver more than that, though. We've increased spending by like 58% just over the last five years, just since the pandemic. So we've got to address the spending crisis to a greater degree than this bill does.
Under this bill, out of the CBO projections, we're still looking at, you know, $2.2 trillion a year on average in deficits over the next 10 years. That's not good enough. We got to get to a point where we can balance during this president's time in office.
Under this bill, out of the CBO projections, we're still looking at, you know, $2.2 trillion a year on average in deficits over the next 10 years. That's not good enough. We got to get to a point where we can balance during this president's time in office.
I'm making a point not to speak for my colleagues, but I will point out that there are at least a few who have said in its current form it can't pass. We can get there, but it can't pass right now because it doesn't do enough to control spending. I know I've made those points. Rick Scott from Florida has made those points. Ron Johnson from Wisconsin has as well.
I'm making a point not to speak for my colleagues, but I will point out that there are at least a few who have said in its current form it can't pass. We can get there, but it can't pass right now because it doesn't do enough to control spending. I know I've made those points. Rick Scott from Florida has made those points. Ron Johnson from Wisconsin has as well.
Rand Paul has those and other additional concerns with the bill. And I know there are others who have yet to speak as much about it publicly, but who share them.
Rand Paul has those and other additional concerns with the bill. And I know there are others who have yet to speak as much about it publicly, but who share them.
All right, let's deal with the latter part of the question first. We've got these two legislative chambers. It's passed the House. It moves over to the Senate now. We bring it up. we will undoubtedly insert a lot of amendments into it in what's called a substitute amendment.
All right, let's deal with the latter part of the question first. We've got these two legislative chambers. It's passed the House. It moves over to the Senate now. We bring it up. we will undoubtedly insert a lot of amendments into it in what's called a substitute amendment.