2024 The Gathering - AFP 1 on 1 - Akash Chougule, Former Congressman Jeb Hensarling (TX)
The Erick Erickson Show
Erick Erickson
4.5 • 874 Ratings
🗓️ 22 August 2024
⏱️ 31 minutes
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Transcript
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| 0:00.0 | Hello again. I'm very, very excited about this conversation. So we are joined by former |
| 0:09.5 | Congressman Jeb Hensseling who would like for him to tell you a little bit about himself. |
| 0:15.7 | But one thing he is not going to mention, I'm sure, so I will mention it for him. Mr. Hensseling was the very first |
| 0:22.8 | candidate for Congress that Eric Erickson ever financially supported. That was... |
| 0:29.6 | Well, I think he only wanted his money back once or twice. |
| 0:38.3 | I informed him we had a 60-day refund policy and he was out of luck. |
| 0:44.3 | Over his time in Congress, Mr. Hensseling was chairman of the Conservative Republican Study Committee, |
| 0:51.3 | Chairman of the House Republican Conference, Chairman of the House Financial |
| 0:54.4 | Services Committee. And so we're going to talk a little bit about spending fights, tax |
| 0:59.8 | fights, the direction of the party. And a lot of the fights that are coming up next year, |
| 1:04.8 | as you probably know, have been had before, and he's been through a number of them. So |
| 1:09.5 | very much looking forward to getting your thoughts. He's been through a number of them. So very much looking forward to getting your thoughts. |
| 1:14.2 | Let's dive right in, Mr. Hensseling. So we're looking at about $4 trillion worth of debate, if you |
| 1:21.7 | will, with the expiration of portions of the TCJA, the debt limit fight, the spending caps and things like that. |
| 1:28.7 | At a very high level, what are your thoughts on the situation that faces Congress next year |
| 1:33.3 | as you look back at prior versions of these fights that you were involved in? |
| 1:37.3 | Well, first, thanks for the case of PTSD, remembering all these different fights we had |
| 1:42.1 | that could have turned out a little bit better. |
| 1:49.0 | Listen, Akash, I try to be an optimist and say these are opportunities. So it is kind of ironic that government spending tends to be permanent and tax relief tends to be temporary. |
| 1:57.0 | So there are a number of these provisions that are expiring, particularly marginal rates for families. |
| 2:03.6 | Those are expiring. |
| 2:05.6 | The increase in the standard deduction, that's expiring. |
... |
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