Tax Cuts & Surpluses, Kindergarten-Level Cabinet Memo, Phillips' Lonely Campaign Stop
3 Martini Lunch – Political Humor & Commentary
Radio America
4.6 • 1.5K Ratings
🗓️ 10 January 2024
⏱️ 23 minutes
🧾️ Download transcript
Summary
First, Jim's excellent reporting uncovers a major surplus for the Iowa government and how GOP Gov. Kim Reynolds is eyeing additional tax cuts. Meanwhile, the high taxing states like California, Maryland, New York, and Massachusetts are running significant deficits.
Then they roll their eyes at the kindergarten-level treatment White House Chief of Staff Jeff Zients is forced to extend to cabinet secretaries. Zients is circulating a memo telling officials they need to tell someone if they will be unable to do their jobs for any stretch of time. But they also hammer Defense Sec. Lloyd Austin for making this embarrassing step necessary.
Finally, they have some fun with Minnesota Rep. Dean Phillips, after he hosts an event in New Hampshire that literally no voters bothered to attend.
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| 0:00.0 | Welcome to the Three Martini lunch. |
| 0:04.7 | Grab a stole next to Greg Carumbus of Radio America and Jim Garrity of National Review. |
| 0:09.5 | Three Martini's coming up. |
| 0:11.8 | Hey, really glad you're with us for the Wednesday edition of the Three Martini lunch. |
| 0:17.0 | We have Good, Bad, and Crazy Martini's for you today. |
| 0:20.0 | And Jim, we don't see it very often, especially in Washington, but once in a while you get out to |
| 0:25.9 | states and you're sitting in one of them right now where you have competent leadership that |
| 0:32.3 | basically does what people want from the government. |
| 0:35.8 | Protect your rights, take care of your money, your tax dollars like it was your own, and leave |
| 0:40.9 | us the heck alone. |
| 0:41.8 | That's pretty much how I look at at government |
| 0:44.9 | and you're at Iowa for the next couple days here, |
| 0:48.0 | covering the lead up to the Caucasus. |
| 0:50.2 | But yesterday was the state of the state address in Iowa and Governor Kim Reynolds delivering some really good financial news. |
| 0:57.0 | The state of Iowa will end the 2023 fiscal year with a balance of 1.83 billion in the black in the general fund, $902 million in reserve funds, |
| 1:07.3 | and $2.74 billion in the taxpayer relief fund. |
| 1:11.1 | Meanwhile, if you look at some of these other states that the media loves so much, |
| 1:15.1 | not so good on the fiscal front, California, which had a nearly $100 billion surplus just |
| 1:20.0 | a couple years ago has morphed into a projected deficit as high as 68 billion dollars |
| 1:24.9 | over two years. Maryland lawmakers have a $761 million deficit in the next fiscal year and |
| 1:31.2 | it could be north of 2.5 billion by |
| 1:33.5 | 2029 because they can't stop spending over there. Massachusetts, New York, all |
... |
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