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The Warning with Steve Schmidt

Why Trump's "Big Beautiful Bill" is BAD for Americans

The Warning with Steve Schmidt

Steve Schmidt

News, Politics, Government

4.8784 Ratings

🗓️ 30 June 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

After Trump's new spending bill heads toward a vote, Americans face major cuts to essential programs like Medicaid. Steve Schmidt breaks down the "big beautiful bill" and explains why it will only hurt the working people of this country. Subscribe for more and follow me here: Substack: https://steveschmidt.substack.com/subscribe Store: https://thewarningwithsteveschmidt.com/ Bluesky: https://bsky.app/profile/thewarningses.bsky.social Facebook: https://www.facebook.com/SteveSchmidtSES/ TikTok: https://www.tiktok.com/@thewarningses Instagram: https://www.instagram.com/thewarningses/ X: https://x.com/SteveSchmidtSES

Transcript

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0:00.0

It is Monday, June 30th.

0:02.0

This is the warning.

0:04.0

It was a momentous weekend in the United States as one of the singularly most pernicious

0:12.0

pieces of legislation.

0:14.0

In American history, the perversely named big, beautiful bill slithered its way through the United States Senate. And never, ever,

0:25.6

in the affairs of the United States, has there ever been a piece of legislation that took from

0:34.4

so many to give to so few.

0:38.3

It is the most regressive piece of legislation

0:43.3

ever passed by an American Congress

0:47.3

that has saddled ordinary people,

0:50.3

ordinary Americans, like plow horses, yoked to the billionaire class as indentured

1:00.0

servants.

1:01.0

The richest people in America, individuals who have the ability to fly themselves to space,

1:09.0

are the beneficiaries of legislation that will beggar our children

1:15.8

$4 trillion of debt added to $36 trillion for no purpose except to take and take and take and take this bill will do it will take health care from

1:34.3

17 million Americans this piece of legislation almost sold off 13 million acres of public land.

1:47.2

It funds ice to the tune of $45 billion.

1:54.5

The United States is about to have a real deal secret police force of masked thugs that is funded like an army running wild

2:06.9

from coast to coast. And of course, all of this obscenity was passed by a Republican Congress

2:15.0

that worships Donald Trump know differently, the national socialists

2:21.1

worshipped their furor, or the Soviet Politburo acquiesced to the whim of the general

2:29.1

secretary.

...

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