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The MeidasTouch Podcast

Jake Levine On Midterms and Fighting for American People

04 Apr 2026

Transcription

Transcript generated automatically by AI and may contain errors.

Chapter 1: What are the details of Trump's proposed 2027 budget?

0.031 - 20.352 Ben Meiselas

In the midst of a catastrophic war in Iran, Donald Trump has announced his catastrophic 2027 budget. And folks, this is not getting enough attention. Donald Trump is demanding that he receive $1.5 trillion as the 2027 military budget.

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20.332 - 49.556 Ben Meiselas

Now, Donald Trump's prior military budget, which was a massive increase of former President Biden's $800 billion military budget, was $1 trillion last year spent on military spending. And now Donald Trump essentially wants a 42% increase year over year to make that number $1.5 trillion. Meanwhile, non-defense spending would be cut by $73 billion or 10%.

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50.017 - 75.603 Ben Meiselas

Perhaps even more, folks, this would be the largest year-over-year increase for military spending since World War II. And you all recall that Donald Trump held a press conference at the end of last week where he said, our country's too big. We're involved in too many wars now where we can't spend money on social programs, on Medicaid, Medicare, on Social Security.

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Chapter 2: How does Trump's military budget compare to previous years?

75.944 - 95.125 Ben Meiselas

Those should all be destroyed and eliminated, Donald Trump basically said. And instead, all the money should go to funding wars. I'll show you that in a moment. But I want to dig deeper into this disastrous budget because here in the Midas Touch Network, we get into the weeds. We reveal the secrets. We talk about things that aren't getting enough attention anywhere else.

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95.105 - 119.273 Ben Meiselas

So let's do that right now. Donald Trump is demanding close to $200 million, technically $152 million, but lots of people believe that will be increased, to rebuild Alcatraz and to turn Alcatraz, which is a museum right now, into a super prison, as Donald Trump is calling it. And what else is Donald Trump spending? What else does he want your taxpayer dollars to go to?

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119.333 - 146.763 Ben Meiselas

Well, you know how Donald Trump's been saying, oh, well, we're spending no money at all on the ballroom or White House renovations. It's all of my rich billionaire friends who are the ones paying for the ballroom. B.S. Donald Trump plans to spend $377 million on what's being referred to as executive residence renovations, plus $174 million more in miscellaneous funding.

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147.204 - 153.732 Ben Meiselas

And that doesn't even include potential classified funding, which could be in the hundreds of millions of dollars

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Chapter 3: What are the implications of Trump's budget cuts on social programs?

153.712 - 172.817 Ben Meiselas

if not billions of your taxpayer dollars, for the secret bunker that the Midas Touch Network was the first to report about it under the East Wing that was demolished. We reported about it five months ago. You dig in, you can see in these line items, and we've analyzed them.

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172.797 - 188.157 Ben Meiselas

potentially $1 billion to $2 billion when you add up what could be going down in the underground bunker, plus the $450, $500 million in White House renovations that taxpayers are paying for right now.

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188.137 - 211.795 Ben Meiselas

um just take a look remember five was five months ago we were the first to report this secret bunker exposed underneath the ballroom and then we did a report three months ago it's under the ballroom and i just remember there were so many people who were like okay you're being hyperbolic secret bunkers that's what they're doing the secret bunkers That's my voice of people mocking us.

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211.815 - 235.266 Ben Meiselas

But we were right. It's just funny because 12 hours ago, the New York Times did a story on this. What to know about the massive military bunker beneath Trump's ballroom. Trump's been talking about the emergency facility beneath what was once the East Wing. Details which are usually kept secret as he tries to justify his renovation. So that underneath portion as well.

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235.727 - 257.293 Ben Meiselas

Yeah, who do you think's paying for that? Also, the 2027 budget proposal calls for spending close to $650 million, technically 605, but again, based on some of the ways this is written, it seems like it'll be closer to 650, but $650 million on National Guard mobilization in Washington, D.C. Also,

257.273 - 292.431 Ben Meiselas

$75 billion more to ICE, including these massive concentration camp facilities they call detention spaces, these 100,000 single adult bed factories that look like these Amazon factories, 30,000 family unit beds, $15.4 billion for transportation to move people to concentration camps, 67% increase in ICE staffing through 2029. What's being cut in this disastrous budget?

292.451 - 316.469 Ben Meiselas

Well, the 2027 budget proposes steep cuts to the EPA funding by 52%. This reduces the EPA's budget to the lowest level since the 1980s. Trump's 2027 budget fully eliminates sexual risk avoidance programs and teen pregnancy prevention programs. Donald Trump is a sicko, of course, and he's part of the Epstein class.

316.829 - 341.806 Ben Meiselas

Trump's 2027 budget proposal cuts over $15 billion in funding for renewable energy projects and removing carbon dioxide from the air. It cuts $240 million from the McGovern Dole Food for Education program. This program is strongly supported by U.S. agriculture groups and trade organizations. The budget cuts $2.3 billion from the Department of Education.

342.026 - 370.035 Ben Meiselas

It cuts significant amounts of money to small businesses. Specifically, it eliminates multiple SBA entrepreneurial development programs. that provide small businesses with quality training, counseling, and access to resources. Trump's 2027 budget proposal cuts $1.1 billion in NASA funding for the International Space Station. It cuts $297 million for space technology.

Chapter 4: What are Jake Levine's priorities for his congressional campaign?

385.29 - 399.685 Ben Meiselas

It cuts $2 billion in humanitarian assistance. The budget proposal fully eliminates the Food for Peace program, which would otherwise provide $2 billion in support for the US farm economy each year.

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399.665 - 426.567 Ben Meiselas

it cuts 234 million dollars in funding for worker protection agencies it fully eliminates job corps job corps as you probably know provides free education and vocational training to young americans it fully eliminates hud the housing and urban developments fair housing initiative program which assists victims of housing discrimination it also fully eliminates hud's pathway to removing obstacles pro

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426.547 - 442.783 Ben Meiselas

housing program. These grants remove restrictive zoning regulations and promote the construction of affordable housing. Also, it fully eliminates HUD's Community Development Block Grant program. The program develops housing and expands economic opportunities for low-income families.

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442.763 - 465.075 Ben Meiselas

The 2027 budget proposal includes $40 million in cuts to the Department of Homeland Security's Office of Countering Weapons of Mass Destruction. It fully eliminates HUD and Housing and Urban Development's Native American Programs and Native Hawaiian Housing Block Grant, which provides affordable housing and community developments for Native Americans and Native Hawaiians.

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465.556 - 490.978 Ben Meiselas

It also fully eliminates HUD's Home Investment Partnerships Program. which creates affordable housing for low-income families. The budget includes $354 million in funding cuts for HBCUs and other similar institutions. It includes $1.3 billion in cuts to FEMA disaster preparedness programs. It cuts $5 billion to the National Institutes of Health.

490.958 - 516.561 Ben Meiselas

It fully eliminates low-income home energy assistance programs, LIHEAP, which helps struggling families with energy bills and energy during an energy crisis. It also includes $1.6 billion in cuts to the National Oceanic and Atmospheric Administration, which monitors, predicts natural disasters such as hurricanes, tornadoes, and floods.

516.541 - 538.093 Ben Meiselas

Trump's 2027 budget includes 82 million in cuts to the USDA's Rural Business Service. This program supports economic development, boosts farms, and creates job opportunities in rural communities as well. And just so you remember, I mean, here's what Donald Trump said at the end of the week. We don't have money for these programs. We only have money for war right now.

538.073 - 540.779 Ben Meiselas

Here's what Donald Trump said. Let's play this clip.

540.799 - 552.661 Donald Trump

We're a big country. We have 50 states. We have all these other people. We're fighting wars. We can't take care of daycare. You gotta let a state take care of daycare, and they should pay for it, too. They should pay.

Chapter 5: How does Jake Levine plan to engage young voters?

552.701 - 572.552 Donald Trump

They have to raise their taxes, but they should pay for it. And we could lower our taxes a little bit to them to make up for it. But it's not possible for us to take care of daycare, Medicaid, Medicare, all these individual things. They can do it on a state basis. You can't do it on a federal. We have to take care of one thing, military protection.

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572.532 - 602.472 Ben Meiselas

want to bring on right now jake levine running for california's 32nd congressional district uh very competitive primary right there incumbent uh brad sherman uh lots of people know him um you know he's been in that district entrenched in that district for a very long time i've interviewed him i've had him on my show before um i would be remiss if i didn't bring you on though because your campaign is gathering a lot of attention you and i

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602.452 - 628.881 Ben Meiselas

are about the same age you've worked in the obama administration had a big role there worked in the biden administration and lots of people are looking to you and your campaign as kind of a model for the next generation and you know to in my view and i don't think you know it's it's it's not a no offense taken to other people out there who have worked hard in the districts i do think that there is a lot of people saying what is the future

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628.861 - 650.548 Ben Meiselas

look like of a democratic party and and this race is one that people point to so so talk to us about that a little bit but let's i want to get to you and i are about the same age um i went to georgetown you went to harvard you worked in the obama administration though right after you know undergrad talk to us about this journey though so people get to know you a little bit jackie

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651.575 - 660.179 Jake Levine

Well, Ben, I think I'm a little bit older than you. Unfortunately, I have to admit that. But I'll take a couple years here.

660.741 - 663.93 Ben Meiselas

We look the same age. You look younger than me.

664.4 - 684.788 Jake Levine

Look, I think a lot about the young people who are getting involved in my campaign. These are people in college. We've had some high schoolers out on the doors with us. We're knocking thousands of doors. And I think about the moment that they've come up in where they lived through 9-11

684.768 - 710.978 Jake Levine

then the great recession, then Trump one, then COVID, then Trump two, they have not had a model for hope or inspiration or success. And a big part of why I'm running is because within our own district, we've had no model for hope and success and effectiveness for 30 years with our incumbent member of Congress. This was something that I,

710.958 - 736.854 Jake Levine

came to appreciate um very recently after losing my childhood home in the la fires and watching the ineffectiveness of our incumbent member of congress but we have got to demonstrate across the government as a whole that we can actually deliver on important things i mean i you mentioned when after i graduated college i had the opportunity of a lifetime to go work on the Obama campaign.

Chapter 6: What specific policies does Levine advocate for housing and education?

764.393 - 782.798 Jake Levine

We delivered a bipartisan bill that we got out of the house called Waxman-Markey. These folks coming up now have no models for success. And that is the fundamental reason why I'm running. We need a refresh. We need dynamic leaders with new ideas and who are capable and have a track record of getting things done.

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783.858 - 806.316 Ben Meiselas

You know, people are looking at this current moment and they're seeing, I know this teaching college students at USC, they're like, we were prompt, you know, people, it's incredible to me that people believe some of the stuff that Trump was selling because I've always known the guy as a con artist his entire life who bankrupted this, that, and the other thing.

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806.397 - 830.385 Ben Meiselas

And so for whatever reason, there are some group of people oftentimes young men as well, who bought into some of this stuff and said, I believe that he's gonna do this. And I tried telling people in 2024 and 2023, and since we started this, no, he's not the guy, just look at the facts and the data. But what's been fascinating for me to see is the shift

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830.365 - 852.838 Ben Meiselas

recently as well, and the feeling of this betrayal, a la all the other people Trump has come into touch with. But I think about Trump's statement that he made in the past 24, 48 hours, where he goes, we don't have the ability as a wealthy big nation to deal with Medicare, Medicaid, and other social services. We need to focus just on war. That's the direct quote from the guy.

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852.858 - 868.135 Ben Meiselas

And people are like, what? So talk to us about kind of your priorities, but also this moment where, especially with you working for Obama and Biden, to even hear somebody say that out loud to me is like, how is that not disqualifying?

868.537 - 892.114 Jake Levine

Well, obviously Trump is totally out of touch with what people actually are going through. But the sad truth is that so are a lot of Democrats. So are a lot of people who have held onto office decade after decade and have not delivered. When Brad Sherman was first elected to Congress, you could rent a one bedroom apartment in our district for $700.

892.094 - 919.873 Jake Levine

today it's twenty eight hundred dollars so you know we're putting a renter's tax credit um on the agenda as part of our core housing agenda we're also fighting for a national housing development bank to help create the supply of new housing that we desperately need not just here in la but across the state to bring down prices we're going to support first-time home buyers with mortgage assistance and young people whether they're dreaming of buying a home

919.853 - 944.027 Jake Levine

or whether they're dreaming of having a family and they want support on childcare and education, insurance, they deserve leaders who are actually in touch with those needs. So that's at the top of our agenda and I hear that knocking doors. Folks even still in their 30s and 40s paying off $1,000, $2,000 a month of student debt.

944.668 - 958.45 Jake Levine

People who are dreaming of buying a home but just can't do it, they're still living at home. People who don't feel safe in their communities, whether it's from fire or from crime, and they've had a government that has said to them, well, there's not that much that we can do.

Chapter 7: How does Levine address public safety and immigration issues?

987.02 - 1008.537 Jake Levine

We gotta bring prices down and we gotta support the things that people need. And I will say, My opponent, Brad Sherman, has not been on the record as to where he would be on funding this war. I wanna be very clear that I would not support funding this war at a moment when we have enormous economic challenges and needs for everyday working families here in our district.

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1009.238 - 1014.846 Jake Levine

And we deserve a member of Congress who will fight for that and be clear about where they stand on everything else.

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1015.822 - 1035.122 Ben Meiselas

You know, I think an important point and what I think a lot of people point to your campaign that you're doing that perhaps some other people who have kind of young fresh campaigns don't fully appreciate and I think this is your background with Obama and Biden and being you know, in these rooms though.

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1035.602 - 1055.427 Ben Meiselas

You know, lots of people think that just saying what you're gonna do to stop Trump and block Trump and anti-Trump, you know, is enough because people despise and hate Trump. Sure, like I think people, granted, you know, he's the least popular, his approvals like historically low, awful human being, so stipulated.

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1055.848 - 1075.652 Ben Meiselas

I still think, and I wanna hear from you on this though is, okay, well, what is the forward-looking affirmative agenda And people are like, just don't use the word affordability. Tell me, like at a very specific and granular level, like what are you going to do actually to make my life better without speaking like a politician?

1076.032 - 1090.429 Ben Meiselas

And I think some of the voices right now that have really broken through in this moment at a granular level are talking about this specific thing, this specific thing. And people are like, yeah, that's actually gonna make my life better. So talk to us about that before we go.

1090.561 - 1119.086 Jake Levine

Yeah, well, I wanna also stipulate to everything you had to say about Trump, but that's the table stakes, right? I mean, we'll all stipulate to that. And I think what will distinguish Democrats and we'll see this in the presidential election debates coming up is what are we articulating that is an affirmative message for what people need that is not about purely opposing Trump?

1119.266 - 1142.338 Jake Levine

What we're focused on is three things fundamentally. One is on bringing the cost of living down so that people can afford to live where they work here in LA. Number two is making a safer Los Angeles, and I'll talk about that in a second. And number three is electing effective members of Congress, people who can build coalitions and get things done.

1142.418 - 1166.25 Jake Levine

So bringing costs down, I mentioned housing, where we're really focused on supply side and also supports for mortgage support and renters support. But we're also focused on bringing down the cost of utilities like I did when I helped start a tech company called Opower that has saved people billions of dollars on their electric bills. We can do this by deploying cheap, affordable, clean energy.

Chapter 8: Where can listeners learn more about Jake Levine's campaign?

1360.486 - 1376.072 Ben Meiselas

Everybody hit subscribe. Let's get to 7 million subscribers. Want to stay plugged in? Become a subscriber to our sub stack at MidasPlus.com. You'll get daily recaps from Ron Filipkowski, ad-free episodes of our podcast, and more exclusive content only available at MidasPlus.com.

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