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Newt's World

Episode 960: Michael Faulkender on Trump’s Tariffs

Newt's World

Gingrich 360

News, Politics

4.66.4K Ratings

🗓️ 28 March 2026

⏱️ 38 minutes

🧾️ Download transcript

Summary

Newt talks with Michael Faulkender, Co-Chair of American Prosperity at the America First Policy Institute, about the Supreme Court ruling that limits President Trump's ability to impose tariffs under the International Emergency Economic Powers Act, emphasizing that tariff authority primarily resides with Congress. This decision impacts the President's flexibility in using tariffs for economic and national security purposes, although other legislative provisions still allow for some presidential tariff authority. Additionally, their conversation explores the challenges of housing affordability, noting that the median age of first-time homebuyers has risen to 40 years old. Factors contributing to this include increased housing costs, higher interest rates, and regulatory burdens. The America First Policy Institute is working on solutions to address these issues, focusing on reducing regulatory costs and increasing housing supply.

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Transcript

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0:00.0

This is an I-Heart podcast.

0:02.3

Guaranteed Human.

0:08.0

Welcome to New World Podcasts on the IHeart Podcast Network.

0:12.9

I think the most exciting development this week was Jared Isaacman, who is the head of NASA,

0:22.1

announcing a very bold, very dramatic program

0:26.1

that moves us way beyond where the NASA bureaucracy was

0:30.7

and thinking about going to the moon, to Mars, and beyond.

0:36.2

Isaacman is a remarkable entrepreneur.

0:38.9

He personally paid to go into space

0:41.4

and is the only civilian to have ever done a spacewalk.

0:44.9

He actually went into space twice to the space station

0:47.8

and did a spacewalk while he was there.

0:51.3

He's really knowledgeable,

0:53.7

and he has the right right bold instincts that could make

0:57.5

an enormous difference. Essentially, what NASA has now decided is that they're going to go all

1:04.5

out with a very large, very dedicated program, first to actually occupy the moon. There had been some interim project

1:14.8

which the bureaucrats had sold themselves on where they were going to build a station orbiting

1:20.1

the moon, and you had to say yourself, I mean, what's the purpose of that? It was going to take a lot

1:25.6

of money. Equally important, it was going to take time.

1:28.8

We are moving into a world where you're presently going to have both with the starship that

1:36.3

Elon Musk is developing and with the work which Jeff Bezos has indicated is now going to be

1:43.1

at Blue Origins, which is his competitor to SpaceX.

...

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