Keeping underage children away from the internet.

0:00 Speaker 1 Sunday morning. Well, what the heck is going on in the Senate in the Congress? Well with us is one of the smartest ladies I know, Senator Marsha Blackburn, from the great state of Tennessee. And I love Tennessee. I lived there for years and years sometimes and I didn’t a long time ago, Santa Blackburn. The American people are

0:22 waiting to find out what’s going on with the Reconciliation bill, which balances out with Congress and the Senate want to do President Trump. I believe he’s going to sign it, but they have uncertainty, and the stock market reflects the uncertainty.

0:44 You tell us, Senator, what do you think is going on?

0:48 Speaker 2 Oh, listen, the House and the Senate are working on this reconciliation bill to make the Trump tax cuts permanent. We know we have to get that done in order to pass President Trump’s agenda, and we are committed to doing it. So we are working. They’re working their version in the House. We are working our approach in the Senate.

1:15 We hope that the House finishes their work next week and sends the bill to us so we can finish with the Senate components and get it passed into the President’s desk.

1:31 Speaker 1 What’s going on in the Senate itself. There was some bill a couple of days ago that it was forty nine forty nine. Which bill were you were they talking about?

1:40 Speaker 2 That was a bill that Senator Widen and some of the Democrats brought forward, and they were joined by a few Republicans, and it would have stripped President Trump of his power to do tariffs. And as you know and your listeners know, he’s working hard to address tariffs and trade and because of that, you’re seeing people come to

2:06 the table to negotiate not only tariffs but also some trade deals. So we’re very supportive of the work President Trump is doing there and want to make certain that this bill, which was defeated, that it does not come back in any other form.

2:28 Speaker 1 Understood, Now, when he came back forty nine forty nine, does that mean forty nine Republican senators actually voted for it.

2:40 Speaker 2 It means that you had forty nine members of the Senate for it and forty nine members of the Senate, all of which were Republicans, that were against it, and then Vice President Vance came in to cast the tie breaking vote, so it failed.

3:00 Speaker 1 Understood, that’s a better understanding than we had before. The key issues is the tax cut. Can you give us your estimate or your pulse on what’s going on with that.

3:17 Speaker 2 Well, that is going to be embodied. The tax the twenty seventeen tax cuts being made permanent, and the debt ceiling are going to be embodied in the reconciliation bill. And this is where we’re working through the process. Like I said, the House has some things they want to add to it in the Senate. We just want to

3:43 make certain we get the twenty seventeen tax cuts made permanent. We want to restore bonus appreciation and expensing, and we want to restore the R and D credit. We think having the R and D credit it is very important for the work that is being done on new technologies that are available here in the country.

4:09 Speaker 1 One of the key bills that people are worried about in the big picture, can you talk.

4:16 Speaker 2 About, yeah, you know, the tax cut permanence is probably I would say that’s the number one thing that people have their focus on. And of course as you watch the stock market, that’s the thing where they’re wanting to see this finished so that people know for certainty what their tax approach is going to be. And by making

4:40 those tax cuts permanent and then also moving to those R and D and bonus appreciation and expensing credit, that gives all of your small businesses the ability to say, yes, we know that we can invest, we can buy new equipment, we can expend dollars that are there for cap gains treatment, and we know what we’re going to be paying and

5:12 we know what the tax implications of those decisions will be.

5:19 Speaker 1 Center. Is there any items that the Republican Senate is arguing amongst themselves on.

5:28 Speaker 2 Not really. I think the Senate is very united in making the tax cuts permanent based on current policy. On getting this bill across the finish line. We think it’s important for the president to get a win. We have two other reconciliation bills that we can take up all sorts of great ideas and push those to finish in

5:55 the months I had, and we’re looking forward to doing that. The goal is to get the president’s agenda, Dunn. We’ve just finished his first hundred days and we know that he’s had a really great first one hundred days, and I want to make certain that second hundred days is going to be as productive understood.

6:25 Speaker 1 My personal item that that I was very very much in love with the AM radio bill is that they’re going to be in there or that’s going to be put off for miss time.

6:35 Speaker 2 That will be something for later. But I do think we’ll get it finished this.

6:39 Speaker 1 Year, understood, because you know, they’re trying to make am radio the enemy of the people, and it’s really it’s I think it’s very important to FEMA and it’s very important for national defense. Absolutely. What else would you like to tell you American people on Sunday morning?

7:00 Speaker 2 You know I would encourage interest.

7:02 Speaker 1 Rates interest rates, well, Trump, go ahead.

7:08 Speaker 2 By getting inflation down, we’ll be able to get interest rates down. And President when I was at the White House yesterday, President Trump talked a good bit about getting interest rates down and warning the Fed to lower those rates.

7:26 So we’ll see what happens with that in the next few weeks. But your audience can keep up with us Blackburn dot Senate dot god, or they can find me on social media at Marshall Blackburn.

7:41 Speaker 1 Well, thank you so much, Senator Blackburn. And we fight for our country and we want what’s right for our country. And God bless you, God blessed Tennessee. God bless America, and thank you so much for coming you on this Sunday morning.

7:56 Speaker 2 Always delighted to join you. Thank you, thank you,