How Trump’s Tax Bill BETRAYS His Own Voters

The Chris Cuomo Project

Chris Cuomo

News, News Commentary, Politics, Government

4.6 • 3.3K Ratings

🗓️ 3 July 2025

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Chris Cuomo tears into Trump's "Big Beautiful Bill," calling it a "f*** you" to working Americans who are angry about a system rigged for the powerful. He argues the bill exposes everything wrong with American politics: it adds trillions to the debt while cutting Medicaid and SNAP, gives 80% of tax cuts to the wealthy, and hurts the very MAGA voters who supported Trump—especially through cuts to rural hospitals that disproportionately serve his base. Cuomo condemns Republicans like Lisa Murkowski who called the bill fiscally irresponsible but voted for it anyway, proving party loyalty trumps principle. He argues this regressive bill—which treats tax cuts as "cost-free" through accounting gimmicks—is exactly why populist movements on both left and right are exploding. The bill rewards the top while punishing those struggling most, fueling the extremism and violence we're seeing across the political spectrum. Plus, Dr. Kirk Elliott (Owner and Founder, Kirk Elliott Precious Metals) discusses why the bill's debt implications could force interest rate changes and what it means for household finances. Support out sponsors: Go to KEPM.com/cuomo and take control of your future.Get smart. Get moving. Before the next shock hits. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	You want to know why we're seeing populist movements and people are pissed off and trust is at a bottom.
0:06.0	You want to see what the problem is, what's killing us in America, what's killing our democracy, it's right in front of our faces.
0:39.7	Chris Cuomo here. Welcome to the Chris Cuomo Project. The big beautiful bill is a fuck you to the people in this country who are angry about government and are angry about a system that is clearly set up to fuck you if you are not already in a position of power and influence.
0:40.3	Okay.
0:48.0	Now, this is coming from somebody who is set up to be a winner in the big, beautiful bill, all right?
0:52.2	This was Trump's ultimate overreach.
0:57.7	It was his ultimate hypocrisy, this bill, all right? Let's give him the best reckoning. Why is this bill good? It locks in the tax cuts that he passed in the first
1:05.7	administration. Okay, do your own research if you want to. But I am telling you, those tax cuts did not pay for themselves. He inherited a strong economy. Do you understand? He did not build anything. And it matters. Does he get credit for the economy on his watch? Yes.
1:31.2	Well, then why doesn't he have to take the blame for COVID on his watch and fucking it up
1:36.1	and putting out too much money into the economy? Payments people didn't need loans that were
1:41.4	never going to get repaid and all the graft and all the
1:44.2	stealing. Okay, fine. You want to have it both ways. Fine. But you want to use those payments during
1:49.9	COVID to artificially inflate the impact of the tax cuts. See, that's the bullshit here. And by the
1:58.6	way, Trump wasn't a fiscal conservative back then either, just
2:02.3	like he isn't now. He likes to spend our money because he knows that's what people wind up
2:07.5	voting on. We say we want to cut the budget, but you want the pork. You want what comes to your
2:15.1	districts and the programs and things that work for different
2:18.0	communities so before covid trump blew up our deficit and our budget gap he blew it up
2:29.0	do the research google it why did the guy who was Speaker of the House, okay, the guy from
2:38.6	Wisconsin, Paul, why did he wind up leaving politics? He was a fiscal conservative.
2:47.9	And he said, this is crazy. We're spending like crazy. And the tax cuts reduce
2:52.0	the revenue. And this magic of trickle down is just that. It's magical thinking. It's as magical
	...

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