John & Ken Show Hour 4 (06/27)
The John Kobylt Show
Premiere Networks
4.3 • 799 Ratings
🗓️ 28 June 2022
⏱️ 38 minutes
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| 0:00.0 | It's never been more important to diversify your financial portfolio. |
| 0:03.7 | Well, that's right. The S&P is down 20% from the last year, and this year looks even worse. |
| 0:08.9 | Gold and precious metals offer a hedge against inflation and stock market volatility. |
| 0:14.0 | And Legacy Precious Metals is the company Ken and I Trust. |
| 0:17.4 | Protect your retirement account by rolling it into a gold-back IRA or have medals shipped |
| 0:21.8 | directly to your door. Call our friends at Legacy Precious Metals today at 866-6-9-1-2173. |
| 0:29.8 | Or a visit buy legacygold.com. Well, Friday night, it was announced that the state legislature has reached a budget deal. They have this near |
| 0:40.8 | $100 billion surplus. People have been waiting since January when Governor Newsom first talked about it. |
| 0:47.9 | What are you doing about the high price of gasoline? And back then, Newsom said, well, what I'm |
| 0:53.8 | proposing is that the scheduled gas sales tax hype that comes into effect on July 1st, let's suspend that. |
| 1:02.7 | But the legislature immediately said, no, oh, no, we have to protect the road projects. |
| 1:07.5 | We need that source of funding. |
| 1:09.3 | So they went about with their own plan about giving |
| 1:12.8 | money to Californians. And they had an idea that would be scaled to people on the poorer end to get |
| 1:19.9 | money. And at some point, if you make over a certain amount, you won't get anything. And eventually |
| 1:25.1 | in this budget deal, they kind of went towards that proposal. Newsom's |
| 1:28.5 | idea was to send everybody that had a registered vehicle some money. And of course, the Republican |
| 1:34.6 | idea was to suspend the state sales tax, which is over 50 cents a gallon for a period of time |
| 1:41.8 | to help people, because that directly helps people if you're |
| 1:44.3 | dealing with high gas prices. But this kind of got repackaged into inflation relief, high price |
| 1:50.4 | relief. I'm going to talk to Assemblyman Kevin Kylie now about all this. Let's bring them back on |
| 1:56.5 | the show. Kevin, welcome. Hey, Ken. Great to be with you, as always. |
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