Jacks up the government tab by 1 trillion over a few years. A few billion tossed around like confetti at an eagles parade. Where are the responsible stewards who rode in on a wave of economic liberty. They are redecorating the bought that will never again house the genie. The only thing that stands in the way is the House Freedom caucus who despite their collective missile fetish, they now its cruel to write checks our country cant cash because the bill will certainly bankrupt future generations. You have a bloated federal government that refuses to count calories and get on the treadmill. And oh, fit way, they are spying on you. Being the only one who cares about the future is more tiring than listening to nancy pelosi drone on for 7 hours about her grant sons birth her grandsons birthday wish. Im kennedy. The gop is suppose to be the party fiscal responsibility. Why is Senate Majority leader Mitch Mcconnell pushing a ballooning budget . Its time for brianomics. Brian brenberg is with me now from the kings college. I think its disconcerting when we have Mitch Mcconnell and Chuck Schumer arm in arm. This is what i hate about socalled bipartisanship. The one thing it always gives you is bigger deficits and bigger debt. At the end of the day both of these guys have the same interests and its getting reelected. Thats what paul the politicians in this are doing. Lets shut it down. We have 2017, 2018 is all about the midterms. Well do what we need to do to get we elected. It also sets up future generations of spending. Unfortunately, thats what i mean. You let the genie out of the bought, there is no way of getting it back in. People like paul ryan Pay Lip Service to entitlement reform. When we hear this talk about the end of austerity for the republicans. Can you tell me when that started . They took one shot at the one thing they should have been able to do something about, obamacare. They didnt have the guts to do that. Forget about medicare and social security. We have 1 trillion deficits next year and as far as the eye can see. Going up, 20 trillion in debt. This thing is not sustainable. If you wonder why the stock market is going up and down . Investors know there is nobody in washington who give a lick. Its a dangerous recipe as you have said in the past. When you cut taxes but increase spending, what happens . I have been on the show many times talking about liking the tax reform. But if you do that and dont reform spending, you are creating this massive gap that will push up inflation and interest rates. And that under mines all the benefits of the tax cuts. And all you have left. With is a pile of debt. On the one hand we do something good with tax reform. On the other hand we are going to spend our way out of tax reform. Kennedy art laffer who is a supply sider says tax receipts will come in and pay for this stuff. What if it doesnt. It will pay for some of it. But i have never been as optimistic as art the point much tax cut is to reduce revenue the government is getting and put it back into the hand of the people who earned it. Republicans have zero interest in doing that. If they dont have the interest, no democrats do. Nobody in washington, d. C. Wants to do it. We are putting our foot to the pedal to drive over the fiscal cliff. Kennedy you pointed out, that actually hurts the military. The freedom caucus, they wanted that military spending. They want the longterm spending bill. It does hurt them. National defense is a legitimate function of government. You cannot ask the military to not know what kind of revenue they will have year after year. Well spend more on interest on the National Debt and it puts military at risk. The whole point is to allow them to plan in the long term. If you care about National Defense you ought to care about the fact we just added 300 billion to 400 billion to the National Debt. Kennedy congress cant figure out immigration. House majority leader nancy pelosi used an interesting strategy to try to get a deal on daca. She spoke for 8 hours on the house floor about the dreamers story. I just got word i have set the record for the longest continuous speech in the house since 1909. Kennedy was this more grandstanding than usual or will her battle and attrition in the house be successful. Kristen helping lan leg, and pet jess tatar love. I would love to see sheets of steel on the house floor. Whoever wins the shot dog eating contest. Thats the legislation. I thought we were going to talk about her heels. Its remarkable she stood in those for 8 hours. And she is 78 years old. I get the dreamers are staying and they are citizens now. Chuck abandoned nancy. I wonder what the communication was there. If he said okay im not going to be able to get this common the senate. Lets see what you can do in the house. Kennedy i think they hate each other so much there will be is so much acrimony, never mind the parties, but they sit and blame each other all day long. We should have immigration reform, to nancys point. I probably agree more with nancy pelosi than the republicans. But on a tactical matter this was foolish. It is that when you attach an unrelated matter to a budget deal and threaten to shut down the government, you lose. Republicans learned that in 2013 when they shut down the government over obamacare. Im probably one of the few people who thinks we should reform immigration and was opposed to obama care. I thought it was a bad idea to shut down the government to make your point. All that republicans ended up doing at that time was bhaiking their case harder. Kennedy if nancy had done this at a different time when the discussion was about immigration it would have been more effective. This does look like much more of a spenders paradise. And not conservative from a fiscal perspective. Why would she drive members of her own party away. So it doesnt make a lot of political sense other and signaling to the base who are prodaca recipients. Jessica she got stormed by dreamers. And she made it clear, i will go to the mat on this issue. It has become a real lightning bolt on the left when you have 80 agreement on an issue. Its not one people can say we dont agree with. They can say this isnt the right venue. Thats what republicans did with obamacare. Obamacare didnt work and got more popular until the government opened it again. Kennedy get ready for more assaults on your civil liberties. I. C. E. Considering joining the intel community. They say surveillance powers would help them work on Money Laundering and cyber terror. They believe their efforts where more likely to gain white house support under President Trump. Is that what americans need . Jessica garbage, sorry. We have enough problems with crossagency communication. There is an krmt that i. C. E. Is not able to do its job effectively without these extra priority. There is just so much nonsense happening werent Intelligence Community and lack of trust. Why introduce more of a message. Its completely ridiculous. It makes me think of the dea work the nsa. Ice wants access to data that was supposed to be collected only to target foreign terrorists. And they want to use that to go after immigrants and expand their Domestic Police state. This turns i. C. E. Into a spy agency. Thats a really bad idea. Kennedy they have their hands full with enough. Jessica i agree, as you red out the report, they think they will have a bert shot of this under President Trump than they did under president obama. I wonder why. Kennedy obama ran as a civil libertarian and he vastly increased the surveillance. Jessica im not disputing that. Im talking about the kind of raids going on and the change in protocol that you can pick someone up because they are us poactd of a crime instead of actually committing a crime. It seems like a complete cover for wanting to become more powerful and pick up more people. Kennedy you made the point about parallel construction. In the hand of law enforcement. That can be misused. Its Surveillance Data thats secret. And you use it to pursue a case. But when you want to talk to a judge and make it public, you cant say we used this data. So you reconstruct an evidence chain. You are juicing the books. This is something. You are lying effectively to judges and the public about how your cases are built. Kennedy hopefully anyone making these decisions is watching right now. The party panel will return later in the show. Will President Trump leak the democratic release the democratic memo himself . Its easy to think that all Money Managers are pretty much the same. 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Kennedy the president is expected to make his decision on whether to block or redact the democratic response to last weeks gop memo, putting the ball back into the president s court. Republicans claim the democrats add so much secret information that he will have to redact information to make it look like hes hiding things having to do with the russia probe. Now the democrats are being outsmarted by republicans saying, we see what you are doing. We are not taking the blame for it. Isnt this chicanery taking the emphasis away from where it need to be . We need more transparency on when and for what reasons our government spies on us. I want as little redacted in those men owes as possible. Though i understand sources and method of legitimate espionage need to be protected. But the background all this is the fisa court, the foreign Intelligence Surveillance act. The use of this act us used to spy is used to spy on americans at times. Those fisa courts are totally opaque to the rest of us. We are getting a chance to get a peek behind the curtain. I am showing we dont just get a memo from nunes and adam schiff and get to see as much as possible the document they are look at. Kennedy we are learning more about the process, how the judges are appointed, im wondering how we can figure some of these problems and create more transparency. They tried to do that when they voted to reauthorize section 702 the fisa act. Unfortunately that was quashed by people like devin nunes. What can be done so there is Senate Confirmation for the judges who sit on this secret court . The first step is transparency, opening this up to the public. We had wins in this arena. I dont know if you remember the stop online piracy. When a lot of attention was showered on what this did, the powers that you gave government and some big businesses the transparency shot it down. If we know what a fisa application looks like, what sort of information can go into it, what the Decision Making process is, there will and lot of americans surprised at our governments ability to spy on us. That will be the first step in saying what is going to be the oversight. They want secrecy because they want to protect sources and method. And thats understandable. But our democracy. There is only so much secrecy compatible with being a representative democracy. We need to chip away at that secrecy wherever possible. Under that cloak is where the grievances lie. And when you have entire bodies operating in secrecy and they feel justified in doing that, its easy to abuse power and feel like they are doing nothing wrong. But we dont know how Many Americans are spied on using those sources and methods. We dont know exactly who gets wrapped up in some of these nets. But the fact we are asking these questions now, we should have been asking them before that 702 vote. But hopefully they will introduce new legislation so we can finally get to the bottom of these processes. You have got the rare guys, the rand pauls and Justin Amashes who will stand up and say this isnt good and needs to be reformed. And nobody his bees to them. Its in those cases where the transparency will get things out. The fact is these people would like to operate without oversight. And congress would like to punt on that oversight. And its going to take real pressure, small d democratic pressure to make congress do its job and provide oversight to make sure the intelligence agencies are doing their jobs within the confines of constitutional limits. Kennedy the unlimited spying doesnt keep us safe. Former attorney general eric holder behind he would consider running for president in 2020. Is he the candidate democrats want to challenge trump . Oh, thats lovely. So graceful. The corkscrew spin, flawless. His signature move, the flying dutchman. Poetry in motion. 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We have a real opportunity to take back the house and we have a chance of taking back the senate its real its real. Kennedy biden isnt the only former obama lackey feeling optimistic. former attorney general eric holder was asked if he would consider running and he said, well see. Lets ask lawrence jones, the new editorinchief of campus reform. Org. Thats the right step in the direction for freedom for you. I think eric holder was a step in the wrong direction. I love a great competition. But the Democratic Party, they dont get the strategy real well or dont get the american people. I get that they want to fight. New yorker against new yorker. But when it comes to getting those counties that obama won, that trump was able to turn, i dont think eric holder is that guy. Kennedy i dont see him as being a revolutionary or visionary. I know there are people who want the recapture President Trumps magic which you can argue is once in a generation. And there is sort of these politically transformational figures that are so rare and the news cycle is so fast. They are spinning through potential candidates, and discarding them just as quickly as they find their lust. You said something important about obama. He had i disagree with his policies, i support him in 2008 when i was a democrat because he was able to connect with me and connect to the same people who voted him into those counties for donald trump. I dont see joe biden as welling a holder being able to connect to the people like that. Trump had that ability as well. He was able to connect their anger. Obama used that hope and change message. Im not sure what the Democratic Party has to offer. They need to get one that will specifically connect with the people and instead they are making this election about donald