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Tom Bilyeu's Impact Theory

Elon Declares WAR on Republicans Over This Shocking Spending Bill | The Tom Bilyeu Show

Tom Bilyeu's Impact Theory

Impact Theory

Education, News, News Commentary, Philosophy, Technology, Society & Culture, Business, Self-improvement

4.75.1K Ratings

🗓️ 3 July 2025

⏱️ 53 minutes

🧾️ Download transcript

Summary

Welcome to Impact Theory with Tom Bilyeu, where today’s episode dives headfirst into the hottest political and cultural debates making waves right now. Tom is joined by Co-Host Producer Drew, RFK, and Candace Owens as they dissect everything from the controversial “Big Beautiful Bill” passing through the Senate to Elon Musk’s fiery reaction and push for a third political party. The team unpacks the mind-boggling $5 trillion debt ceiling hike, Elon’s crusade against runaway spending, and Trump’s eye-popping tweet that has everyone questioning where politicians’ allegiances truly lie. But that’s just the beginning. We take you behind the scenes on Medicaid changes, challenges to Title IX, and the dramatic decision by UPENN to strip trans swimmers of their medals. Plus, you’ll hear about RFK’s explosive claims regarding the CDC and autism, Candace Owens recounting a surreal phone call involving Trump and international diplomacy, and Meta’s bold moves in the AI arms race. Add to this a wild story from the Glastonbury Music Festival involving Bob Villain, and you have an episode stacked with big headlines, raw opinions, and deeper analysis you won’t find anywhere else. SHOWNOTES 00:00 Senate Debates on Medicaid Eligibility 09:52 Weekly Political and Cultural Highlights 13:41 "Political Promises and Fiscal Reality" 20:03 Emotional Voting's Economic Consequences 27:04 Principles Drive Long-term Success 32:10 Embracing Failure to Succeed 38:54 "Seeking Advice on Sensitive Issues" 42:03 "Short-Term Study Expectations Clarified" 46:36 Meta's Super Intelligence Team Assembles 53:55 UPENN Restores Women's Sports Records 57:47 "Separate Leagues Reflect Biological Realities" 01:02:26 Respectful Conduct Abroad & Free Speech 01:06:16 "Subscribe & Join Live Sessions" CHECK OUT OUR SPONSORS Vital Proteins: Get 20% off by going to ⁠https://www.vitalproteins.com⁠ and entering promo code IMPACT at check out Allio Capital: Macro investing for people who want to understand the big picture. Download their app in the App Store or at Google Play, or text my name “TOM” to 511511. iTrust Capital: Use code IMPACTGO when you sign up and fund your account to get a $100 bonus at ⁠https://www.itrustcapital.com/tombilyeu⁠  SleepMe: Visit ⁠https://sleep.me/impact⁠ to get your Chilipad and save 20% with code IMPACT. Try it risk-free with their 30-night sleep trial and free shipping. Shopify: Sign up for your one-dollar-per-month trial period at ⁠https://shopify.com/impact⁠ SKIMS: Shop SKIMS Mens at ⁠https://www.skims.com/impact⁠ #skimspartner ButcherBox: Ready to level up your meals? Go to ⁠https://butcherbox.com/impact⁠ to get $20 off your first box and FREE bacon for life with the Bilyeu Box! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The Big Beautiful Bill gets approved in the Senate.

0:03.0

Elon promises to primary fiscal conservatives who voted for the Big Beautiful bill.

0:07.0

RFK claims the CDC buried a study linking hepatitis B vaccine to an 1100% increase in autism.

0:15.0

Trump calls Candace Owens to ask for a favor and wait till you hear what it was.

0:20.0

Meta builds an all-star super

0:22.0

intelligence team pushing AI forward. UPenn strips trans swimmer of all metals and vows to

0:27.7

conform to the Trump mandate. And Bob Villan gets himself in trouble at the Glastonbury

0:32.8

Music Festival for some wild chanting. After a 27-hour voterama, the Senate narrowly passed the big

0:40.1

beautiful bill with J.D. Vance doing the tie-breaking vote. There it is. We have some of the

0:44.4

details of the bill. For example, state and local tax deductions have been increased to 40,000

0:48.7

for the first five years, no tax on tips or overtime, no tax on car loan interest. But there's been a lot of spending

0:55.8

criticism that Elon Musk hates. For example, the $5 trillion hike to the debt limit. $150 billion

1:00.9

in new defense spending, $25 billion in Golden Dome missile defense, $45 billion in ICE and

1:08.1

illegal immigration detention, $4 billion to hire new border agents.

1:12.1

What say you about the big, beautiful bill and the impending rise to the deficit?

1:16.9

Yeah.

1:17.1

So, I mean, listen, this is, there's really two points that we need to look at this route.

1:22.9

One is, if Trump really believed that he was going to grow his way out of this and it wasn't going to be a problem, you would not need to increase the deficit by $5 trillion. Like if you felt like you had to buy yourself a little bit of time because it's coming up real quick, I get it. You're hedging bets because you don't know. And honestly, that's wise. You have to. You hope that we'll be able to grow

1:45.5

our way out of this. And trust me, that really needs to be part of the plan. But man, this is just

1:50.6

more spending. This is, it does not matter if you are on the left and the right. The reality of the

1:56.4

physics of money mandate that given the system that we have, this is going to happen literally

2:02.9

forever. And so I'm with Elon on this one. This is crazy. And people got into office by saying

...

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