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The MeidasTouch Podcast

Fox News Has Meltdown as Trump Wrecks Budget

Sat, 03 May 2025

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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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Transcription

Chapter 1: What is causing the Fox News meltdown?

0.089 - 24.864 Ben Meiselas

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.

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Chapter 2: Why do MAGA Republicans oppose the budget bill?

24.984 - 28.366 Senator Sheldon Whitehouse

But the tax bill, will we get it before Memorial Day?

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30.379 - 45.287 Senator Sheldon Whitehouse

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 suggested three steps. Get the border funding. Second step, just extend current tax law. So we take an automatic.

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45.428 - 47.849 Senator Sheldon Whitehouse

Will we get it before the end of the year? Quickly.

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49.085 - 54.209 Senator Sheldon Whitehouse

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.

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54.229 - 60.074 Senator Sheldon Whitehouse

Oh boy, that's bad news. Senator, thank you for that. Appreciate it. Have a good weekend. Appreciate you coming on. You too.

60.234 - 86.417 Ben Meiselas

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.

86.457 - 118.003 Ben Meiselas

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.

Chapter 3: What is the current state of the economy?

118.403 - 145.655 Ben Meiselas

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?

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146.356 - 150.84 Ben Meiselas

This is the Trump economy. This shows everything we said. Things are great. Here, play this clip.

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Chapter 4: How do different narratives affect perceptions of the economy?

150.92 - 168.056 Unknown Speaker

This is a very important report. With all of the hysteria over tariffs, we know that jobs are being created, and it is much better than expected. At 177,000 jobs added to the economy in April, this proves Donald Trump's point that the economy is doing well.

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168.927 - 194.763 Ben Meiselas

No, 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. Can you even? All they do is they lie about everything. They just flood the zone with lies. Watch this.

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195.598 - 211.862 Unknown Speaker

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.

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212.23 - 244.177 Ben Meiselas

Then speaking about flooding the zones with lies, you then have Janine 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. And so she's like, of course, a Brango's MS-13. Look at his knuckles. It has marijuana, skull, cross, and Smiley face, smiley face, smiley face.

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244.877 - 252.579 Ben Meiselas

As one commentator noted, got to avoid those dangerous neighborhoods where everyone has smiley face tattoos. Here, play this clip.

253.079 - 271.243 Unknown Speaker

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?

271.263 - 289.229 Ben Meiselas

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. I don't know what the tattoos mean.

289.329 - 315.193 Ben Meiselas

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?

315.253 - 330.043 Ben Meiselas

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 a crime that is committed.

Chapter 5: What role does due process play in immigration cases?

445.484 - 464.854 Unknown Speaker

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465.254 - 488.379 Ben Meiselas

Here's Lori Chavez Dreamer, 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's the Biden economy. Play this clip.

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488.659 - 510.751 Unknown Speaker

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.

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510.891 - 521.216 Unknown Speaker

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.

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521.256 - 539.607 Ben Meiselas

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 one eighty nine here. Watch this.

539.887 - 566.461 Unknown Speaker

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 so I think things are in good shape.

567.281 - 589.194 Ben Meiselas

You know, I saw some people speculate how Donald Trump even got to this number of a dollar and eighty nine cents. And it's possible that like people in his administration were just showing him data that talks about the price of gas before it goes through like the like the actual market price. And so, I mean, is that what was going on?

589.214 - 612.624 Ben Meiselas

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.

612.924 - 629.994 Ben Meiselas

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. Here's what he says here. Play this clip.

Chapter 6: Why is due process important in America?

688.297 - 709.327 Ben Meiselas

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 one billion dollars in mental health and money for helping students address mental health issues in schools. They're getting rid of one billion dollars.

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709.847 - 723.337 Ben Meiselas

They blame all of the gun violence on mental health, and then they just remove $1 billion for mental health treatment. Here's Russell Vogt talking about potentially giving Elon Musk big contracts. Play this clip.

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723.357 - 737.168 Unknown Speaker

You may get some pushback on this. The budget faces out the grossly expensive and delayed space launch system, rockets, the Orion capsule after just three flights. Essentially, that will be replaced with something. Is there a chance that Elon Musk could benefit from that?

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738.123 - 761.571 Unknown Speaker

Look, this is 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

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762.051 - 778.458 Unknown Speaker

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.

779.138 - 801.101 Ben Meiselas

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.

801.922 - 811.033 Unknown Speaker

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