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Government Shutdown Briefing | Otter.ai

Government Shutdown Briefing

Mica Soellner6min

Speaker 1

00:00

Yeah. Hundreds of 1000s of federal workers who are missing their full paycheck today, next week is going to be checked. What's the White House doing about this?

Speaker 2

00:22

Yeah, well, first of all, we, 100% want the government open. We agree with Speaker Johnson, who's passed the bill to get the government open. We are really appeal for the 750,000 or so people who are getting their paychecks. We would urge people to call their supervisors, because there are things that are available, like credit loans at zero interest for people that are in the situation. But the situation is really not acceptable to us, and it's because decided to shut the government down. And I remind everybody that in the previous administration, because of Biden's hearing, that 13 times Republican senators voted to keep the government open because they understand understood that that's their constitutional duty to be a moderate force in this country. The fact is that the Democrats in the Senate are no longer a moderating force in this country. They're not in very different constitutional duty to be a moderating force. And the people that are furloughed are not being paid right now. We understand that we're not going

Speaker 3

01:34

to need to and the thing is that we really urge the folks who are in that situation to talk to their supervisors, because the supervisors have methods. Let's do a just go this way, that way, people about to have Russ fought is doing it policy

Unknown Speaker

01:52

is used to

Speaker 4

02:00

in terms of the national second policies, including the contention, what are you expecting from Trump Xi next week

Speaker 2

02:10

in South Korea? Oh, I think we're President Trump and President Xi are great friends, and Scott besas is doing one of the best negotiators. The attorney. So we're still hopeful that we can get

Unknown Speaker

02:25

this thing to work out. We were frustrated with some Chinese actions last few weeks, but there has been sort of a thawing

Unknown Speaker

02:38

relations and conversation.

Speaker 5

02:41

Any update on the Tiktok, on that Xi meeting. What does success look like, and what is the deliverable that President Trump wants when he leaves South

Speaker 6

03:01

Korea? Mr. Frustrated, but is this just a knee jerk reaction? I think the frustration has built up over time. I've been involved in some of these negotiations. Have you

Unknown Speaker

03:09

look at all the countries around the world

Unknown Speaker

03:17

and the fact that we're down negotiating New Mexico reveals that it's not planning to speak with the Prime Minister This week because the

Speaker 7

03:40

South had nothing to do. How have concerned is the administration that the Supreme Court will not ultimately side with your view on the tariff policy. The President has been trooping a lot about the upcoming case. I think that we

Speaker 2

03:55

have a very high level of confidence the Supreme Court will side with us when they provide very strong grounds. I then issued through the briefs myself to see what the arguments are. And I think the case is very, very strong, and we're highly positive this. I even spoke video over the President about it last night. Say the level

Speaker 6

04:15

of confidence is extremely high. What has been so challenging about dealing with Canada and trade negotiations the trade negotiations, I guess the lack of flexibility.

Speaker 2

04:27

And you know, also, I would guess that leftover behaviors from like the Trudeau folks that can be very frustrating

Speaker 6

04:38

for people. Two questions about May and are you going around here quickly, just simply your assessment of the latest inflation numbers, CPI number three

Speaker 2

04:45

inflation numbers were fantastic. 48 Bloomberg economists got it wrong. It was the core was down relative to August and down relative to expectation. And the top line number actually was inflated because there was a shutdown of a refinery in Indiana that made gas prices go up lot in September, but we've seen those have already come down, so we're highly confident that the next number will be below this. And that's really it's important to think about the theory of why this happens. It's not just about the numbers, right? So what happened was we got the worst inflation spike that we've had in our lifetimes, because President Biden and his team had runaway spending, runaway deficit spending. I'm here to tell you that we just ran the numbers, getting the monthly Treasury statement, and the deficit this year is going to be about $600 billion lower than it was last year. And that $600 billion divide is about 200 billion of it is lower discretionary spending. And so because of that, there's less inflationary force pushing prices up. And so normal macroeconomics got it right when we said that Biden was going to cause inflation, that we're using it now to get it back

Speaker 6

05:49

up in return on this ad that President Trump was referring to Canada. Ronald Reagan, have you seen the answer yourself? I'm not going to talk about that. Mr. Hassan, sorry, it was hard to hear. Have, I don't have an update for that, Mr. President, sorry, forgive me if you already addressed this. It was hard to hear you. But was there something specific that changed in negotiations with Canada that elicit our why the

Speaker 2

06:14

President, I'm not directly engaged in the negotiations, so you should talk with James, especially, he'll be the one.

Speaker 6

06:22

And then on this snap, if I could follow on the snap image, are you expecting the administration to release any kind of funding?

Speaker 2

06:30

I think Russ vote will get back to you on that night. Are you optimistic that you'll be able to get but we've got the top negotiators out of Scott tested and President Trump done good. Follow.

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