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The Clay Travis and Buck Sexton Show

Hour 2 - WI Sen. Ron Johnson

The Clay Travis and Buck Sexton Show

iHeartPodcasts

Politics, Daily News, Society & Culture, News Commentary, News

4.3 • 11.1K Ratings

🗓️ 10 June 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

Hour 2 of The Clay Travis and Buck Sexton Show dives deep into the fiscal realities facing the United States, featuring an in-depth interview with Senator Ron Johnson of Wisconsin. Broadcasting from Washington, D.C., Clay and Buck engage with Senator Johnson on the pressing issue of federal spending, the national debt crisis, and the future of economic policy under the leadership of current President Donald Trump. This hour centers around the much-discussed “Big Beautiful Bill” currently navigating the U.S. Senate. Senator Johnson, a leading fiscal conservative, outlines the unsustainable trajectory of post-COVID government spending, emphasizing how emergency-level expenditures have become the new budgetary baseline. He contrasts historical fiscal responsibility—such as post-World War II spending reductions—with today’s entrenched budget inflation, highlighting a 58% increase in federal outlays since 2019. Key topics include: The transformation of discretionary spending into mandatory spending during the pandemic. The urgent need for a forensic audit of over 2,600 federal programs to identify waste and inefficiencies. The political and economic implications of Medicaid expansion and its unintended consequences, including crowding out care for vulnerable populations. The strategic importance of border security funding and the fiscal mismanagement surrounding immigration-related expenditures. The role of President Trump in shaping the bill and his interactions with Senator Johnson, including a candid exchange about the senator’s “too negative” messaging. The potential for reconciliation processes to further conservative budget reforms. The broader economic impact of inflation, interest rates, and the national debt, with projections of $14 trillion in interest payments over the next decade. The historical context of U.S. GDP growth, with a sobering reminder that the country hasn’t seen 4% growth since the 1960s. The potential for AI and technological innovation to drive future economic expansion, albeit with caution. Senator Johnson also critiques the lack of economic literacy among many in Congress and underscores the need for a cultural shift in how Americans view federal spending. He likens the current fiscal situation to a family living beyond its means, calling for a return to pre-pandemic spending levels and a long-term commitment to fiscal discipline.

Transcript

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0:00.0

This is an IHeart podcast.

0:04.0

The Medal of Honor is the highest military decoration in the United States.

0:09.2

Recipients have done the improbable, the unexpected, showing immense bravery and sacrifice in the name of something much bigger than themselves.

0:17.8

This medal is for the men who went down that day. On Medal of Honor, stories of

0:23.2

courage, you'll hear about these heroes and what their stories tell us about the nature of bravery.

0:29.0

Listen to Medal of Honor on the IHeart Radio app, Apple Podcasts, or wherever you get your podcast.

0:34.5

Welcome in, hour number two, Clay Travis, Buck Sexton Show. We're up here in

0:39.1

Washington, D.C., visiting with many of our friends in Congress as the big beautiful Bill

0:45.3

wins the wines, I guess is the correct word. It's way through the halls of Congress. It's in the

0:51.0

Senate right now. And Senator Ron Johnson of Wisconsin is with us, and we are going to do a deep dive on spending the bill, what should happen from his perspective, and where we are headed. So for people out there that really want to dive into some of the nitty gritty about the economic policies in place.

1:11.7

We wanted to bring you in because I would say you and Rand Paul, Senator, I think it's fair to say,

1:18.0

are probably at the forefront of we are spending way too much money.

1:23.8

And your argument has been that essentially, and you correct me if I'm wrong on any of this,

1:29.8

but I'm trying to lay it out and then let you make the case, essentially we have embedded

1:34.1

the government spending that started with COVID, that accelerated at a rapid level, as the

1:39.4

default basis for budgets going forward instead of, for instance, after World War II, drastically

1:46.6

dialing back spending, we have allowed that spending process to become the basis upon which

1:52.8

all budget bills since COVID have been crafted. Is that correct? How do we fix it if it is correct?

1:58.5

First of all, welcome to this alternate universe.

2:01.1

Thank you.

2:02.2

Washington, D.C.

2:06.9

You know we both were former residents here, so we're like reformed swamp creatures.

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