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The Daily Signal

#496: The Truth About Money and Politics

The Daily Signal

The Daily Signal

Daily News, Government, Politics, News

4.81.4K Ratings

🗓️ 1 July 2019

⏱️ 27 minutes

🧾️ Download transcript

Summary

Money in politics has gotten a bad rap, especially from the left -- which is odd, because some of the biggest money around in politics is liberal money. The Capital Research Center has traced where the money is in U.S politics, and recently I spoke with their president, Scott Walter. He unpacked the idea of “dark money” and explained who’s paying who, and what kind of impact it actually has. Plus: As we approach Independence Day, national pride is at a new low. What’s up with that? We’ll discuss.We also cover these stories:•The House Ways and Means Committee has filed a lawsuit to get President Trump's tax returns. •The Border Patrol is saying Rep. Alexandria Ocasio-Cortez misrepresented the detention facilities at the border.•President Trump is promising planes--and tanks--at this year's 4th of July celebration in Washington, D.C.The Daily Signal podcast is available on Ricochet, iTunes, SoundCloud, Google Play, or Stitcher. All of our podcasts can be found at DailySignal.com/podcasts. If you like what you hear, please leave a review. You can also leave us a message at 202-608-6205 or write us at letters@dailysignal.com. Enjoy the show! Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Daily Signal Podcast for Wednesday, July 3rd. I'm Kate Trinko.

0:09.4

And I'm Daniel Davis.

0:10.8

Well, money in politics has gotten a bad rap, especially from the left, which is odd because some

0:16.0

of the biggest money around in politics is liberal money.

0:19.7

The Capital Research Center has traced where the money is in U.S. politics and recently I got to

0:25.1

speak with their president, Scott Walter. He unpacked the idea of dark money and

0:29.4

explained who's paying who and what kind of impact it actually has.

0:34.0

Plus, as we approach Independence Day, National Pride is at a new low.

0:38.0

What's up with that? We'll discuss.

0:40.0

By the way, if you're enjoying this podcast,

0:42.0

please consider leaving a review or a five-star

0:45.0

rating at iTunes and encouraging others to subscribe.

0:48.8

Now on to our top news.

0:52.2

The House Ways and Means Committee is determined to see President Trump's tax

0:55.8

returns and is now filed a lawsuit to get those returns. The lawsuit which is

1:01.0

against the Treasury Department and Secretary Steve Munuchin,

1:04.1

as well as the IRS, states Section 6103F of the Internal Revenue Code

1:09.8

requires in mandatory terms that Treasury shall furnish the committee with any requested tax return information.

1:17.0

Enacted in 1924 in the wake of congressional attempts to investigate agency wrongdoing in the Teapot Dome corruption

1:24.7

scandal section 6103 F was intended to provide the committee with

1:29.4

unfettered access to tax return information necessary to carry out its broad mandate to oversee

1:35.6

Treasury, the IRS, and the nation's tax laws.

...

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