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Bulwark Takes

BREAKING: Trump Unveils Insane New Budget; March Jobs Numbers

Bulwark Takes

The Bulwark

Politics, News Commentary, News, Society & Culture

4.71.1K Ratings

🗓️ 3 April 2026

⏱️ 42 minutes

🧾️ Download transcript

Summary

Catherine Rampell and Sam Stein are going live to cover economic news, including Trump's new budget proposal and the March jobs numbers.

Transcript

Click on a timestamp to play from that location

0:00.0

All right. We are live. It's me Sam Stein here with Catherine Rampel for your weekly. What do we call on this? Econ Live show, receipts live. We still have to work on this. We're going to be talking about the economy.

0:12.9

Somebody proposed bull market, which I like, I like.

0:18.0

Unless it's a bear market and then it doesn't really work. Either way, we're going to be talking about a bunch of different things. We have Catherine's latest newsletter, which is phenomenal. We have the jobs report, which actually beat expectations. Looks nice. We're going to go under the hood on that. And then we're going to be talking about this budget, which I am obsessed with. So what happened this morning is that the administration put out a budget.

0:40.9

It's a stated priorities for what they want to cut and what they want to fund at a greater level.

0:46.8

And there are some really interesting choices.

0:49.3

Let's put it that way.

0:50.8

But before we get into that, I want to talk about the column because that column does look at the budget too.

0:55.4

So the title of the column is, is Donald Trump trying to lose the election?

1:00.9

What makes you question whether he wants to win?

1:04.2

I mean, I don't think he, I'm not literally saying.

1:07.8

I think he's trying to lose.

1:09.2

But the real question is, if he were trying to lose,

1:12.1

what exactly would he be doing differently than what he is doing now? And the reason I mentioned that

1:17.0

is that, like, basically everything that, I don't know, your standard political strategist would

1:24.3

suggest a president do if he wants to help his party win the midterms.

1:29.1

Donald Trump has done exactly the opposite. Specifically, I mean, we could talk about the war

1:34.5

in general, but like specifically the thing that voters say that they care about, this election,

1:39.8

is the same thing that they said that they cared about in the election that put him back

1:43.3

into office, which is prices, affordability. And pretty much everything Donald Trump has done has not only

1:50.6

not helped that issue, has made it worse. So there's the war, obviously, which has lots. The war plays

1:58.7

into that. Yes. Yes. So the war plays into that.

2:01.6

I mean, the war has lots of other costs that are perhaps much graver than like

...

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