Welcome back, the City Journal podcast.

You know me.

I'm your host, Charles Fian Lehman, Hans, Tute, Senior Editor, City Journal, blah, blah, blah.

Joining me on the panel today, our longtime panelists, Jesse Arm,

Raffarman Gwal, Daniel de Martino.

Thank you, gentlemen, as always, for joining us.

I want to take us right into the big news at the end of last week,

which was President Donald Trump's signature on the One Big Beautiful Bill Act.

Regular listeners will recall that we talked about it. I think on Thursday, it was still in the Senate when we recorded. It had already come out of the Senate. It was back in the house when we recorded. And by the time the podcast dropped, they had gotten it through the house, which is pretty remarkable speed. I'm not sure everyone was so sanguine that that was going to happen. We went a little bit back and forth, but now it's made it to the president's desk.

He signed it.

It's the big legislative initiative of his first year.

What do people think, are we surprised that they managed to get it through so quickly?

What do we make of this passage?

What do we also ask, what are our favorite and least favorite parts of the

bill? Free, free discussion. Go for it. Okay. Well, my favorite parts of the bill are permanent

expensing. That's one thing. It's permanent. Businesses can deduct all their equipment,

some of the structures that's going to be really good

for investment. It's the most pro-growth part of it, and it's not time-limited, right? It's forever.

Then the other favorite part is all the immigration provisions. I mean, they are giving

$3.33 billion for immigration courts, which is going to reduce the backlog, allow to deport a lot more people, but also give us asylum to people who really deserve it, and

they're charging fees to humanitarian migrants, which before it was all the other legal

immigrants who were paying for the border crisis. That's not going to happen anymore, so I'm

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