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Legal AF by MeidasTouch

Yikes! Trump Caught Cooking the Books in New Report

Legal AF by MeidasTouch

Meidas Media Network

News Commentary, News

4.96.1K Ratings

🗓️ 13 August 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

New economic data from the Congressional Budget Office analyzing Trump-enomics put a lie to Trump’s “all new numbers” that showed a phony $2,000 increase in household income under Trump. In reality, the poorest 10 percent just got poorer any 1200 a year, including a loss in federal benefits, and the rich got richer by an eye popping $13,600 per household. Michael Popok takes a close look at Trump’s lies to the American People about his failed economy. Head to https://ProlonLife.com/LEGALAF to get 15% off their 5-day nutrition program. Visit https://meidasplus.com for more! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

See, that it'd take long for the lie to be put to Donald Trump's own financial victory lap about American households being improved by $2,000.

0:11.7

And those are real numbers that were being hidden by the Democrats.

0:15.4

Not so fast, Trump.

0:17.7

The office, the Congressional Budget Office, which is independent from the executive branch, ran its

0:25.5

own numbers and determined that the poorest 10% of Americans, because of the loss of their

0:33.8

benefits, mainly Medicare, Medicaid, SNAP benefits, and disability payments are going to be poorer

0:41.3

by $1,200 a year because of Trump policies, and that the richest 10% are going to be richer or enriched by $13,600

0:53.3

because of the tax cuts that Donald Trump has supported.

0:57.1

So if you were a MAGA supporter that happens to be poor, middle class to poor,

1:03.4

they're supposed to be dignity and hard work.

1:06.0

And it's okay, of course, that you have not been able to become an oligarch under Donald Trump. But why should you

1:12.4

suffer and have a $1,200 worse off household pocketbook when you're already on the low end of the

1:21.6

spectrum? Why? And that's what Democrats are demanding answers to. I mean, we just had Donald Trump trot out an economist that he liked from the Heritage Foundation, who happened to be roaming around for a meeting with Donald Trump, bringing some big graphs. And Donald Trump, he brought two charts. One based on the Bureau of Labor Statistics reports about Joe Biden.

1:46.2

Donald Trump didn't love that as much because he's been criticizing the Bureau of Labor

1:50.1

Statistics as being rigged against him because they reduced the amount of job creation.

1:54.3

But he loved the chart that this guy created based on Bureau of Labor Statistics, statistics,

1:59.7

that showed that there was an increase

2:01.8

in household income by about $2,000. And Donald Trump declared real numbers. We just got these.

2:08.9

They're just out. Look at this chart. This chart's better than that chart. And now we've got

2:14.1

the real independent congressional budget office report.

2:18.9

I'm here on Midas Touch and Legal A.F.

2:20.8

Let's try to get through this together.

...

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