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Full Episode
Well, folks, tons to get to on today's show. President Trump over in Qatar. What's happening over there? Plus the big, beautiful bill being negotiated. What's in that on the House end? Does it pass RFK in front of Congress? We'll get to all of it. But the news is moving faster than ever. People have been telling us they can't make sense of it all. So we are giving you more Ben Shapiro show.
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So President Trump's economic success rests on the passage of his one big, beautiful bill. We've been talking about this for months and the timeline on the big, beautiful bill is still somewhat in doubt because obviously it has to pass through the House and then a version has to pass through the Senate. And then there's going to be reconciliation between the House bill and the Senate bill.
And so whatever you see in the House bill might not end up in the final bill. However, massive controversy already breaking out in the House over where the cuts are going to come from. Many House Republicans are calling for cuts that are going to make up for the loss in revenue to the federal government that occurs when taxes are not increased.
Now, as you know, from sort of conservative discussions for the last 50 years, there's something called the Laffer curve. The Laffer curve is a suggestion by the economist Art Laffer that if you're looking for sort of the proper rate of taxation, it can't be zero because then the government has no money to spend. And it also can't be 100 because then the government has no money to spend.
No one will actually go out and do business. if they are going to have all of their money removed by the federal government. So the Laffer curve is a suggestion that there is, in fact, a point at which if you tax people more, then you will actually end up with declining government revenues as a result, because people will simply work less in order to avoid the top tax bracket, for example.
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