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The Rich Zeoli Show

Congress Must Make Trump’s 2017 Tax Cuts Permanent

The Rich Zeoli Show

Audacy

News

4.91.6K Ratings

🗓️ 7 April 2025

⏱️ 43 minutes

🧾️ Download transcript

Summary

The Rich Zeoli Show- Hour 3: 5:05pm- Phil Kerpen—President of American Commitment—joins The Rich Zeoli Show to discuss the 2017 Trump tax cuts which will expire at the end of the year. Kerpen explains it is urgent the House and Senate agree on language to make those cuts permanent, especially with the economic uncertainty surrounding the Trump Administration’s reciprocal tariffs. 5:30pm- While appearing on Fox News Sunday with Shannon Bream, U.S. Attorney General Pam Bondi said there is a “constitutional crisis”—pointing out that “since January 20th, we’ve had over 170 lawsuits filed against” the Trump Administration. Notably, Chief Justice John Roberts temporarily blocked a district court order demanding the return of a man the Trump Administration sent to an El Salvadorian prison. Meanwhile, New York Attorney General Letitia James told a crowd that she will use the law as a “sword” to go after President Donald Trump. Weekday afternoons on Talk Radio 1210 WPHT, Rich Zeoli gives the expert analysis and humorous take that we need in this crazy political climate. Along with Executive Producer Matt DeSantis and Justin Otero, the Zeoli show is the next generation of talk radio and you can be a part of it weekday afternoons 3-7pm.

Transcript

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0:00.0

The Rich Zioly Show podcast is sponsored by Mike Vaneria Jr.

0:03.6

With Osperity Private Wealth.

0:05.4

Hi, I'm Mike Vaneria Jr., wealth management specialists.

0:08.2

Make your retirement dreams a reality by creating your retirement plan today.

0:11.7

Call me at 856-252-0107.

0:15.9

Phil Kerpin joins me now.

0:17.1

He's President of American Commitment.

0:19.0

You should follow him on X at Kerpin k-e-r-p-en his

0:24.1

latest piece over there is canceled the tax hike immediately and permanently hello phil

0:30.8

kirpin how you doing on this monday how's the swamp yeah well it wasn't quite the black monday

0:36.2

it was cracked up to be, so that was nice.

0:38.8

You know, we got, it went really underreported, but we had major progress on the tax front

0:44.4

over the weekend, Friday night slash Saturday morning, about 2.30 a.m. The Senate passed an

0:49.9

amendment to the House budget, which not only included all of the tax cut extensions that were

0:56.3

in the House budget, but actually made the change that we've been asking for, which is

0:59.6

changing from a temporary to a permanent extension by using what's called the current policy

1:04.2

baseline. That is to say, instead of assuming that all the tax hikes expire at the end of

1:08.6

this year and it'll cost money to extend them, they said, let's assume that tax is staying the same as the default.

1:14.2

And if we allow that tax hike to take place, that actually is an increase in taxes.

1:19.0

And that makes a big difference in terms of the rules and the scoring.

1:22.3

And basically, it means they can make it permanent with 50 votes instead of needing 60.

1:26.1

And so that was a key improvement

...

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