Trump's Budget Scam Makes No Sense

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Live-streamed on April 4, 2025

David Dayen from The American Prospect and Organized Money podcast joins to talk about Trump’s tariff-pocalypse.

After expanding on the Bessent “box” theory of Trump’s tariff agenda, Sam and David get in some solid digs at Schumer as they touch on Congress’ ongoing attempt to take back tariff power and ponder the future of a GOP turn on Trump’s economic sabotage, before unpacking what to expect from to the GOP’s ongoing budget reconciliation push. Wrapping up Dayen posits a strong theory on a Conservative push to use rising prices amid tariffs to justify tax cuts, before watching some open criticisms of Trump from Ron Johson and Ted Cruz.

#SamSeder #EmmaVigeland #majorityreport #politics #news #podcast

More from the MR crew:

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Image Credit, Gage Skidmore
Image has been cropped and color has been altered.
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Sam kicking Schumer out of his senate seat would be beautiful 😂

captainpocky
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Nothing any Republican says is closely connected to reality. When your audience is fact-free, you can say anything.

aheroictaxidriver
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Since we are cutting spending, are we still giving oil companies tax incentives? They are still proditable are they not?

kriegmesserdclxvi
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David Dayen is great - please bring him back again

astolevol
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Thanks! Moon was really a great movie. I don't know if it is underrated, but Stalker sure is one of the best Sci-Fi films out there. Also, Serenity.

Bonaventurax
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There’s a video going around where a guy justifies this budget by saying that tariffs will help us pay down the deficit. Unfortunately, that doesn’t work when people can’t afford goods and a $4.5T tax cut for the top 1% gets passed (hopefully it doesn’t).

JimmieABES
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This reminds me of the Titanic. Heck, even the Hindenburg crash.

miltonthegreat
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Anyone feel like a frog in a 10 year long pot of water thats being erratically cooked? My brain is hurting.

MackBaccarat
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Senetor Sam Cedar does have a nice ring to it

anonymouslyominous
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President Seder 28’
Vice President Vigeland

Villainousjuan
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In that round table glazing of trump the other day, leon said doge has only saved 150 billion and it won't be effective until 2026. 😂😂😂😂

billyyank
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Nothing this clown does makes sense, unless you know he's only looking out for couple ultra wealthy people who benefit from what he does, then it makes perfect sense...

ComradeCatpurrnicus
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What is the hell purpose of the parliamentarian if they can get bypassed whenever they want?

billybruticus
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Sam Seder and David Dayen must have these conversations, but the conversations we all should be having are those about ridding the country of Trump, and Vance, and all of the MAGA Minions in the White House. Congress should be considering the 25th Amendment. Budgets are meaningless as long as Trump remains.
Personally, I’ve binned all plans to spend money on anything but the few things necessary for my survival—food, shelter, and not much else. Economically, the damage is done. We’re doomed.

cdkelley
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It makes perfect sense, it just treats us like idiots

incoher
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take 6T out of the stock market but give 3T to the 1%

hankc
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The "current policy baseline" tactic that Senate Republicans might try to use to knock the teeth out of the 10-year budget rule doesn't hold up under scrutiny, because the _sunsetting_ of the 2017 tax cuts is also part of current policy.

brothermine
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Damn, for a second I thought your guest was Bono.

egx
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The Art of the Squeal: How I tricked conservatives into thinking I was an economic genius (even though I'm one of the only people in history to somehow manage to bankrupt a casino) a true story by Donny Jehosaphat Trunk.

ZERO_OX
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It makes sense if one stops viewing him as a person trying to build the country, and instead as someone who is burning it to the ground for corporate and foreign actors.

CaptainSnackbeard