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Tom Emmer

๐Ÿ‘ค Speaker
396 total appearances

Appearances Over Time

Podcast Appearances

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

So I'd rather, let's do it two ways. I'd rather look at what could we put on the table? And we do this privately. So you won't get me to say, What it is, where it is. But I'll tell you, there's a list that we've sat down with that reaches somewhere between five and seven trillion. A year? Over the next 10 years. Okay. That's what that two trillion would be over the next 10 years. Okay.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

So I'd rather, let's do it two ways. I'd rather look at what could we put on the table? And we do this privately. So you won't get me to say, What it is, where it is. But I'll tell you, there's a list that we've sat down with that reaches somewhere between five and seven trillion. A year? Over the next 10 years. Okay. That's what that two trillion would be over the next 10 years. Okay.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

I mean, listen, if you're- A bunch of seven point.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

I mean, listen, if you're- A bunch of seven point.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

And the goal is, first, we've got to balance the budget. You've got to quit bleeding $1.5 to $2 trillion every year.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

And the goal is, first, we've got to balance the budget. You've got to quit bleeding $1.5 to $2 trillion every year.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Yeah. Whatever. You've got to balance. Second thing you've got to do is start to bend the curve down. We've got the greatest economy in the world. It hasn't been performing where it could. I think with Donald Trump, we can put it in place where it can. You can see those revenues start to go up again. And if you have this so you're controlling it, you could pay that.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Yeah. Whatever. You've got to balance. Second thing you've got to do is start to bend the curve down. We've got the greatest economy in the world. It hasn't been performing where it could. I think with Donald Trump, we can put it in place where it can. You can see those revenues start to go up again. And if you have this so you're controlling it, you could pay that.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

You could pay that down rather quickly. I mean, if you're talking in terms of a decade.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

You could pay that down rather quickly. I mean, if you're talking in terms of a decade.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Be careful. Some tell you they fight, but they're not really fighting. This thing is going to happen because of Donald Trump. I think I leave it to Mike Johnson. He's the speaker. He will make these decisions. I'm not. I'm the whip. Whatever you tell me, my job is to make sure we get it done. And that's what we'll do. But I think you're going to see a two-track process.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Be careful. Some tell you they fight, but they're not really fighting. This thing is going to happen because of Donald Trump. I think I leave it to Mike Johnson. He's the speaker. He will make these decisions. I'm not. I'm the whip. Whatever you tell me, my job is to make sure we get it done. And that's what we'll do. But I think you're going to see a two-track process.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Mike Johnson for reconciliation has set a deadline. He wants to vote on a budget resolution by the first week of February. Why is that important? The budget resolution you have to have before you can even move forward with reconciliation. That's usually pre-negotiated with the Senate. So if we can keep with that aggressive timeline, you'll have that back to the House sometime in February.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Mike Johnson for reconciliation has set a deadline. He wants to vote on a budget resolution by the first week of February. Why is that important? The budget resolution you have to have before you can even move forward with reconciliation. That's usually pre-negotiated with the Senate. So if we can keep with that aggressive timeline, you'll have that back to the House sometime in February.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Once you have that, that allows your 12 subcommittees to get their allotment and start to build out their 12 appropriations subcommittees, build out their budgets. Jason Smith, our Ways and Means Chair, believes we can have that process done by the end of March.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Once you have that, that allows your 12 subcommittees to get their allotment and start to build out their 12 appropriations subcommittees, build out their budgets. Jason Smith, our Ways and Means Chair, believes we can have that process done by the end of March.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Mike, again, our speaker, in this very aggressive timeline, if that's possible, he would like to vote on it in the House in the first two weeks of April. This includes the tax permanency extensions, et cetera, from the Trump tax cuts back in 2017. If we're able to keep to that schedule, then you could realistically have a reconciliation bill to President Trump's desk by Memorial Weekend.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Mike, again, our speaker, in this very aggressive timeline, if that's possible, he would like to vote on it in the House in the first two weeks of April. This includes the tax permanency extensions, et cetera, from the Trump tax cuts back in 2017. If we're able to keep to that schedule, then you could realistically have a reconciliation bill to President Trump's desk by Memorial Weekend.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Well, I think people are going to have to innovate. And I think you've got to honor the promises that have been made.

All-In with Chamath, Jason, Sacks & Friedberg
Inauguration Interviews: Trump's Talent, Democratic Rebrand & more with House Whip Emmer, Reps Swalwell & Khanna

Well, I think people are going to have to innovate. And I think you've got to honor the promises that have been made.