Stephanie Ruhle

Don't think about how bad the actual Great Recession was.

Now you're talking about 1999 in suburban Denver. All right. I got to get on Scotty Besant before I lose you. So he testifies. He's going to be confirmed. He is. Besant. I'm mispronouncing his name. I got to get it right.

Now you're talking about 1999 in suburban Denver. All right. I got to get on Scotty Besant before I lose you. So he testifies. He's going to be confirmed. He is. Besant. I'm mispronouncing his name. I got to get it right.

Now you're talking about 1999 in suburban Denver. All right. I got to get on Scotty Besant before I lose you. So he testifies. He's going to be confirmed. He is. Besant. I'm mispronouncing his name. I got to get it right.

The two interesting things with the testimony for me is, one, there's a Raphael Warnock exchange where he's like, so you're going to extend the Trump tax cuts for everybody to $1 million? $50 million? $100 million? $1 billion? You know, it keeps going up. And Besant's like, yeah, yeah, yeah. We need to extend the Trump tax cuts even for billionaires.

The two interesting things with the testimony for me is, one, there's a Raphael Warnock exchange where he's like, so you're going to extend the Trump tax cuts for everybody to $1 million? $50 million? $100 million? $1 billion? You know, it keeps going up. And Besant's like, yeah, yeah, yeah. We need to extend the Trump tax cuts even for billionaires.

The two interesting things with the testimony for me is, one, there's a Raphael Warnock exchange where he's like, so you're going to extend the Trump tax cuts for everybody to $1 million? $50 million? $100 million? $1 billion? You know, it keeps going up. And Besant's like, yeah, yeah, yeah. We need to extend the Trump tax cuts even for billionaires.

Right. And so this is kind of what I wanted to get to, which is he was adamant about this, right? So it seems like the Trump administration position, as we know for right now, is that they're going to extend all the Trump tax cuts even for the richest people and all the corporations, which is going to be about a $4 or $5 trillion price tag.

Right. And so this is kind of what I wanted to get to, which is he was adamant about this, right? So it seems like the Trump administration position, as we know for right now, is that they're going to extend all the Trump tax cuts even for the richest people and all the corporations, which is going to be about a $4 or $5 trillion price tag.

Right. And so this is kind of what I wanted to get to, which is he was adamant about this, right? So it seems like the Trump administration position, as we know for right now, is that they're going to extend all the Trump tax cuts even for the richest people and all the corporations, which is going to be about a $4 or $5 trillion price tag.

And you have at least a handful of House Republicans that still claim to care about the budget. And they have a two seat majority. And so I just think with all of the craziness happening, it's like the Elon, you know, see Kyle salute and all the things you want to talk about. Like the real fight that's coming is like in your wheelhouse, right?

And you have at least a handful of House Republicans that still claim to care about the budget. And they have a two seat majority. And so I just think with all of the craziness happening, it's like the Elon, you know, see Kyle salute and all the things you want to talk about. Like the real fight that's coming is like in your wheelhouse, right?

And you have at least a handful of House Republicans that still claim to care about the budget. And they have a two seat majority. And so I just think with all of the craziness happening, it's like the Elon, you know, see Kyle salute and all the things you want to talk about. Like the real fight that's coming is like in your wheelhouse, right?

Is this is this like the Treasury Secretary's testimony? And maybe one way they try to fake their way out of it is by actually doing the tariffs, because then they can be like, well, the tariffs will pay for this. You know, it's kind of like a an updated version of the tax cuts will pay for themselves. It's like the tariffs will pay for the tax cut extension.

Is this is this like the Treasury Secretary's testimony? And maybe one way they try to fake their way out of it is by actually doing the tariffs, because then they can be like, well, the tariffs will pay for this. You know, it's kind of like a an updated version of the tax cuts will pay for themselves. It's like the tariffs will pay for the tax cut extension.

Is this is this like the Treasury Secretary's testimony? And maybe one way they try to fake their way out of it is by actually doing the tariffs, because then they can be like, well, the tariffs will pay for this. You know, it's kind of like a an updated version of the tax cuts will pay for themselves. It's like the tariffs will pay for the tax cut extension.

And that's a real financial pickle, I think, that's for some people.

And that's a real financial pickle, I think, that's for some people.

And that's a real financial pickle, I think, that's for some people.

And the MAGA voters who are on Social Security, Medicare, and Medicaid. All right, final question. I want to circle this back to the initial question. Because of all we talked about, what's been undergirding all this? You have all the billionaires sitting behind Donald Trump. You have Scott Besant saying that they're going to extend the tax cuts on the wealthiest and on all these corporations.