Episode 796: Larry Kudlow on Trump’s “One Big, Beautiful Bill”

Newt's World

Gingrich 360

News, Politics

4.7 • 6.3K Ratings

🗓️ 9 January 2025

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Newt talks with Larry Kudlow about President-elect Trump’s “One Big, Beautiful Bill” also known as the proposed, “Tax Cuts, Jobs and Affordability Act,” which is seen as a crucial legislative priority for the incoming Trump administration and Congressional Republicans. The act would aim to extend the 2017 tax cuts, introduce a lower corporate tax rate, and provide tax-free cash tips for service workers, among other measures. Their conversation highlights the importance of passing this bill promptly to stimulate economic growth, reduce inflation, and secure a Republican victory in the 2026 elections. Kudlow emphasizes the need for a comprehensive legislative package that includes tax cuts, energy production, and regulatory minimization to create a blue-collar boom and improve affordability for Americans.

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Transcript

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0:00.0	I'm Newt Gingrich. Please watch Journey to America, my new documentary on PBS, about nine remarkable
0:05.4	individuals who strengthened our country through their pursue the American dream.
0:09.8	Tune in Tuesday, January 14th at 10 p.m. Eastern, 9 p.m. Central on PBS and the PBS app.
0:20.6	On this episode of Newt's World, the number one goal for the Trump administration and congressional Republicans must be to pass what I would call the tax cuts, jobs, and affordability act.
0:32.4	President-elect Donald J. Trump has described it as, quote, one big, beautiful bill.
0:40.6	A powerful economic bill must be the Republican's top priority because it is the key to the 2026 election. We know the economy,
0:47.1	inflation, and affordability are by far the American people's biggest concerns. Here to talk
0:53.7	about the legislation.
0:55.4	I'm really pleased to welcome my guest, a great long-term friend both to me and
1:00.2	Callista, and somebody who I have worked with now for virtually a generation.
1:05.7	He served as assistant to the president for economic policy and director of the National
1:10.6	Economic Council under
1:12.0	President Trump. From 1981 to 1985, he was an associate director for economics and planning
1:18.8	at the Office of Management Budget during the Reagan administration. He is now the host of the
1:24.3	wildly popular Cudlow on Fox Business Network. Weekdays
1:29.4	at 4 p.m. He's a Fox News
1:31.2	contributor. Probably knows as much
1:33.3	about economics as anybody
1:35.1	currently alive.
1:50.9	... Larry, welcome and thank you for joining me on Newtsworld.
1:51.7	Thank you.
1:53.1	It's a great, great, great pleasure.
	...

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