The MeidasTouch Podcast - Fox News Has Meltdown as Trump Wrecks Budget

Episode Date: May 3, 2025

MeidasTouch host Ben Meiselas reports on Fox News losing it over Trump destroying the budget negotiations that are taking place. Square: Get up to $200 OFF Square hardware when you sign up at https://square.com/go/meidas #squarepod Learn more about your ad choices. Visit megaphone.fm/adchoices

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please contact Connex Ontario at 1-866-531-2600 to speak to an advisor free of charge. BetMGM operates pursuant to an operating agreement with iGaming Ontario. Fox News is in meltdown mode as MAGA Republican senators are basically saying this budget bill that Donald Trump is calling a big, beautiful bill is an utter, utter disaster. Let me show you what went down when you had MAGA Republican Senator Ron Johnson from Wisconsin on Fox Business yesterday play this clip. But the tax bill, will we get it before Memorial Day? No, no, there's no way, because, again, unfortunately, President Trump chose the one big, beautiful bill. What he should have done is the multiple step process. I suggest three steps. Get the border funding. Second step, just extend current tax law. So we take an

automatic. Will we get it before the end of the year quickly? Not if we don't come down with a reasonable pre-pandemic level spending. There's enough of us in the Senate that will not agree to that. Oh, boy, that's bad news. Senator, thank you for that. Appreciate it. Have a good weekend. Appreciate you coming on. You too. You have one job in Congress. It would be nice if you actually passed legislation that help people, but you can't do that. You pass a budget, not these ridiculous continuing resolutions that carry out the budget of Nancy Pelosi while you have Doge violate the Constitution. You heard Ron Johnson there in

his own words, basically saying the entire budget process has been utterly, utterly destroyed. But when you live in MAGA, fake fantasy, lie world all the time, the truth doesn't even matter. All that matters is you continue your Ponzi scheme, your rug pull until catastrophe strikes. So you remember how when the GDP numbers this past week came out and our economy was contracting, it was negative 0.3% GDP. Remember all of Trump and JD and everybody in Fox were saying, this is the Biden economy. Biden is destroying everything right now. Even though former president Biden had record job growth, GDP increasing,

16.2 million jobs, record low unemployment. I can go on and on and on. There was a decent jobs report. Not like a, didn't blow it out of the water, but the jobs report was fine. 177,000 jobs. Good, good. We want there to be jobs. Now, what do you think the response was on Friday? This is the Trump economy. This shows everything we said. Things are great. Here, play this clip. It's a very important report with all of the hysteria over tariffs. We know the jobs are being created and it is much better than expected at one hundred and seventy seven thousand jobs added to the economy in April. This proves Donald Trump's point that the economy is doing well. You know, like literally at the exact same time you're doing that,

your messaging is mixed, right? You have J.D. Vance interviewing with Brett Baer saying, oh, the economy is bad because of Biden, while they have other people on Fox saying the economy is doing great now because of Trump. All they do is they lie about everything. They just flood the zone with lies. Watch this. So the first thing is, when you talk about the economy, this is Joe Biden's economy. And we inherited $2 trillion of debt, the highest peacetime deficits in American history, a $1.2 trillion trade deficit, which fundamentally means we're not making enough of our own stuff. And speaking about flooding the zones with lies, you then have Jeanine Pirro, who I guess used to be a judge, but thinking about being in front of her court with her lack of ethics and her despicable behavior is a frightening concept in and of itself. It has marijuana, skull, cross, smiley face, smiley face, smiley face. As one commentator noted, got to avoid those dangerous neighborhoods where everyone has smiley face tattoos.

Here, play this clip. And he's got all the tats. And don't tell me he's not MS-13. I had a gang unit in my office. I had gang investigators. You've got marijuana, you've got the skull, you've got the plus, and I think you've got the, I forget, the smiley face. He's telling the world he's MS-13. And you know what? I'm not sure if you saw this going viral. It says someone who was a tattoo artist for 30 years

commented on YouTube that he's seen this tattoo many times and it means smoke weed to get high. Love God till you die. See, this is why due process is so important. Look, I don't know what the tattoos mean. It doesn't say the letters MS and the numbers 13 on it, but you're entitled to due process even if he was an MS-13 member at one point in time in his life. The Trump first administration gave the guy a work permit in 2019. So clearly the Trump administration thought that the guy wasn't a gang leader. Why else would you give the guy a work permit and have him show up once a year? He checks into ICE. He was a member of a union. He's

married to an American woman. He has three American children. You give the person due process. If it turns out that they're affiliated with the gang, you have to determine if there's a crime that is committed. And then ultimately, if we're dealing with a migrant, yes, you could deport. But then also, deporting to concentration camps is not the remedy, especially where there's a withholding order saying you can't do that. We're just a nation of due process. OK, you know, you know, even even by people in the Taliban, if they were here, the Supreme Court ruled in the United States, you got to give them due.

Because you can't just jump to the conclusion. Oh, this person must be a felon. This person is definitely a criminal because taken to the logical conclusion, you point at anybody. You be a felon. This person's definitely a criminal because taken to the logical conclusion, you point at anybody, you're a felon, you're a gang member, you're this, you go to concentration camps, you go to a court, you put forward the evidence. That's our system. If you think it's slow, if you think it's messy, too bad, so sad. We have a United States constitution and we have still a Supreme Court that says you have to have due process. That's just it.

It's not a debate. It's not a discussion. You know, there's no, some legal scholars say, no, there's due process in America. You don't like it, move to Russia. Okay? You ever been stuck in a checkout line that felt like it belonged in a time warp? One time I tried buying a coffee and the register froze. Then the card reader went down.

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Get started today. Here's Lori Chavez-Durimer, the fake pro-union labor secretary who hates unions, won't even support the PRO Act, was just a total liar when she was a congresswoman in Oregon. Here she is right here again saying the job numbers show we're doing great. The Trump economy is booming. After y'all were just saying that that's the Biden economy. Play this clip. You know, here last month, we said we blew it out of the water and we did. And with President Trump at the helm, I'm telling you, he mentioned to the American people over and over again that the golden age was coming. I will tell you the golden age is here. Exactly right. Again, this is another

great jobs report. Exactly what the market expected, better than expected. And I couldn't be more honored to serve under the president with these jobs numbers. And now as I continue on the road, we're going to keep pounding the pavement and these numbers are going to continue to grow up, go up. You know, good news. Let's bring on Treasury Secretary Scott Besant. Let's have him. Let's have Bernie Madoff. This guy is this guy is worse than Bernie Madoff. It's like Bernie Madoff level. And here he is lying. And he's like, gas prices are down one eighty nine gas prices down 189. Here, watch this. We had the biggest decrease in energy prices for a single month in years. Energy is down substantially.

I am told that in parts of Florida, gasoline is $1.93. And that's an automatic tax cut for the American people. So we're probably going to see a lot more car travel this summer. And, you know, so I think things are in good shape. And, you know, I saw some people speculate how Donald Trump even got to this number of a dollar and eighty nine cents. like people in his administration were just showing him data that talks about the price of gas before it goes through like the actual market price. And so, I mean, is that what was going on? I mean, as Ryan Cummings says, POTUS team seems to be showing him the cost of wholesale unfinished gasoline, which does not include the cost of oxygenates, ethanol, and all the

distribution marketing costs and telling him this is the price of gasoline you're paying at a pump. It's like when he tariffs the penguins, right? It's like when he tariffs, you know, he comes up with these made up formulas. There's no logic to it. It's just stupid. And that's the thing with this. You know, I just want there to be some intelligence. And you want to know who comes with intelligence? Democratic Congress member Jake Alkencloss. I like that he goes on Fox. He stands up to them. Here's what he says here. Play this clip. So do you concede that it takes a little time to reset the equation after all of that? And do you hope that the president is successful in creating a strong economy at the end of this once the deals are worked out with a lot of major countries?

As far as I was a Marine before I was a congressman, I'm an American before I'm either. I want this economy to be ripping and roaring regardless of who is president. But what I am seeing is a president who is more interested in the valuation of his meme coin than he is in people's 401ks. What I'm seeing is a president who, along with Howard Lutnick, is self-dealing on crypto. And by the way, Howard Lutnick owns his own crypto business on the side, instead of worrying about the strength of the US dollar. This is concerning to not just me, it's concerning to the job makers across America who have to make decisions about hiring, about capital equipment, and they're all pulling back. But when

they pull back, you tip a good economy into a recession. Then you have Office of Management and Budget Director, the author of Project 2025, Russell Vogt, who, by the way, right now is taking away $1 billion in mental health and money for helping students address mental health issues in schools. They're getting rid of $1 billion. They blame all of the gun violence on mental health, and then they just remove $1 billion for mental health treatment. Here's Russell vote talking about uh you know potentially giving elon musk big contracts play this clip yeah you may get some pushback on this the budget faces out the grossly expensive and delayed space launch system uh rockets the orion capsule after just three flights essentially that would be replaced with something is there a chance that elon musk

could benefit from that look this is a billion a billion dollar investment in the Mars. We're doing both. We're going back to the moon as part of the Artemis. We've protected exploration funding that's open to all companies. Elon Musk hasn't been a part of the NASA budget conversations at all. And we also provide resources for what we're doing on Mars. We do believe that after Artemis that it's time to look for lower cost, commercial, cheaper vehicles that allow us to be able to not have the cost overruns and the delays and the expense that we've seen in the SLS and the Orion program. So we're not doing anything that would in any way delay what's necessary to get to the moon. And finally, I go back to this right here. Remember Peter Navarro on Fox? What was this? April 2nd, April 3rd, whatever it was,

April 5th, whatever it was. 90 deals in 90 days, 90 deals in 90 days. We have zero deals. No deal Donald is his nickname. It's ridiculous. Anyway, tell me what you think. Hit subscribe. Let's get to 5 million subscribers. The truth is more important than ever. Check out our new Truth Over Lies collection at store.mitastouch.com. All 100% USA union made.