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GLENN BECK PROGRAM
BEGIN TRANSCRIPT
GLENN:
Stephen Moore from the Wall Street Journal, how are you,
Steven?
MOORE: Hi, Glenn.
GLENN: How are things?
MOORE: A little poorer today after the budget passed
yesterday.
GLENN: You know, this budget is -- what an outrage this
thing is. Just loaded, loaded with pork. When are these guys
ever going to get it?
MOORE: Well, we've got, first of all let's start with the
fact that we now have America's $3 trillion, that's trillion
with a T, dollar budget, something I never thought I would
see in my lifetime.
GLENN: You know what, Stephen, I'm going to have to have you
over at the house. A guy came up to me in line. I get some
of the nicest gifts when I go out. Guy came up to me in line
in Charleston and he handed me this big beautifully framed
newspaper, the Charleston Observer, I believe it was, from
1795, and it's the front page of the newspaper and it's
real. And he said, read the first two columns. And the first
two columns was the federal budget in its entirety.
MOORE: Right. That's amazing. I'd love to get a copy of
that.
GLENN: Oh, it's fantastic. It's fantastic.
MOORE: Hard to believe, you know. You look at what the
budget was like in those early years because most of the
things that the federal government spends money on today in
my opinion, Glenn, are not even constitutional. I mean, let
me give you a few examples of the things that your tax
dollars are spent on in this budget. There's $700 million
for a Minnesota bike trail, $113,000 for --
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Stephen Moore |
GLENN: Wait, wait, wait, wait. $700 million?
MOORE: For a bike trail.
GLENN: $700 million? Almost a billion dollars? Our embassy,
which is the size of the national mall in Iraq was $750
million.
MOORE: Unbelievable. $113,000 for rodent control in Alaska.
GLENN: For what?
MOORE: Rodent control in Alaska.
GLENN: Leave the doors open in the back room. The rodents
will freeze to death, Alaska.
MOORE: Then there's a million dollars for this energy
project in the Louisiana Democrat William Jefferson. He is
the one facing trial for bribery. He got in additional
funds. And the amazing thing here is you may recall that
when Nancy Pelosi, you know, said that she wanted to be
speaker of the house so they could clean up the slop in
Washington. Remember that last year? And that they were
going to end all of this earmark spending. Well, it turns
out there are just short of 13,000 of these special interest
projects. I mean, we could go on and on for the full three
hours that you are on going over these projects, but the
point is that there are more pork projects than ever, it's
cost the federal taxpayers about $15 billion a year and the
waste goes on and on and on.
GLENN: Stephen, it's not just the Democrats that are doing
this. The Republicans, right?
MOORE: Oh, yeah, it's Republicans, too. This is bipartisan,
folks.
GLENN: So how do you stop that, Stephen?
MOORE: Well, I think one thing you have to do is I would
have liked to see President Bush veto this budget. You know,
the President has to be the one that guards the federal
treasury and protects our pocket books and President Bush
has agreed to sign this bill even though it has 13,000 of
these projects.
GLENN: Why? Why?
MOORE: Why?
GLENN: Yeah.
MOORE: Because I think, well, for one thing he wanted the
funding for Iraq and what the Democrats were doing was
saying unless you give us our bike trails and our museums
and post offices and parking garages, we're not going to
give you the money to fund the troops.
GLENN: See, this is why, this is -- America would respect
someone with a spine. They would respect somebody with a
spine. Stand up against it. We don't negotiate with
terrorists.
MOORE: I couldn't agree more. And that's what congress was
doing. I mean, how despicable is that that they are
basically saying unless you give us our pork spending so we
can get reelected, we're not going to fund the troops, we're
not going to give them, you know, the kinds of ammunition
and the guns and the support that they need to fight this
war. I mean, thaws outrageous.
GLENN: I had Ron Paul on TV last night for an hour and he
said something, and I'm paraphrasing here, but I can't
believe this is true. He said he wants to abolish the IRS.
And I said, okay, so what do you replace it with? And he
said, nothing. What? I mean, how do we raise taxes? And he
said, if we abolish the IRS, if we eliminated the income
tax, we would still as a government be taking in the same
amount that we did ten years ago. Is that even possible?
MOORE: Well, you know, I'm all in favor of getting rid of
the IRS. I mean, I would love to stick a stake right through
the heart of the income tax system. I think I've always said
the 16th amendment which passed in 1913 which authorized the
income tax was the most evil act that has passed in 100
years. And I also think that if you didn't -- I mean,
imagine that we didn't have any income tax in this country
and we just had something like a sales tax. I mean, my God,
it would be like rocket fuel for the U.S. economy and nobody
could -- the Chinese, the Japanese, nobody could compete
with us.
GLENN: Yeah. So you didn't answer the question. Do you know
if that's true?
MOORE: Oh, is it true that if you eliminate the income tax
--
GLENN: Yes. Just on all of the other taxes that we are
taking in.
MOORE: Right.
GLENN: We would have the same amount of money as we did ten
years ago. His was --
MOORE: Well, you have to include the payroll tax. If you
kept the payroll tax, that would be true. But, you know, the
payroll tax right now for most workers today, Glenn, is a
bigger burden on most workers than the income tax is. So I'd
like to see the payroll tax and the income tax eliminated.
GLENN: I love you, Stephen.
MOORE: I mean, I would get rid of these things. It's a 15%
tax on the first dollar that you earn up to $100,000.
GLENN: But you are not -- first of all, they are going to
expand that to no longer have any kind of cap to it.
MOORE: Right.
GLENN: And second of all, you can't stop if they keep
spending like this. I mean, I did the story yesterday about
how the deficit of promised spending used to be, four years
ago, $26 trillion.
MOORE: Right.
GLENN: It's now $40 trillion something and that's just
because of additional spending and because of the interest
rate that we're paying.
MOORE: Right.
GLENN: It's just, it's compounding like crazy.
MOORE: If you look at these special pork barrel projects,
the earmarks in the budget, there are something like 22
slices of bacon for every congressional district in America.
We just can't afford this, folks. I mean, they are spending
us to bankruptcy.
GLENN: How long do we have before the economy just cannot
take it? How many more things do we have to put on the table
before the table leg gives way? Or how much more time before
it just kills us?
MOORE: I think that the debt and the overspending in
Washington is already having a negative effect. I mean, the
fact that the economy is slowing down, I think all the new
taxes, all of the new spending is sending all of the wrong
signals when you've got the rest of the world that's trying
to get leaner budgets and lower taxes and the American
government is growing every year. I mean, this budget is $3
trillion.
When I came to Washington, Glenn, in 1981 with Ronald
Reagan, the federal budget was $500 billion. Today it's $3
trillion, six times bigger, six times bigger in just 25
years.
GLENN: It's unbelievable. It's absolutely unbelievable.
All right. This is the lead editorial in The Wall Street
Journal today. Stephen, you know what I'd love to have you
do is go through this budget and find some of the things in
the budget and bring them to television tonight like the
bike trail.
MOORE: Will do. You know that's going to be a hefty task
because 3500 pages long.
GLENN: Do you also know what's buried in this omnibus bill
is a taking apart of the border fence.
MOORE: Yeah, yeah.
GLENN: They did it again.
MOORE: Yeah.
GLENN: It's in there yet again and they have taken apart. We
had the financing, we have the bill, it passed, it's law and
I mean, have you read this part of it yet, Stephen?
MOORE: I'm about halfway through with it. I mean, it's
unbelievable. There are 600 pages of these earmarks and you
are right. The two things that they didn't fund was the
border security and the war in Iraq.
GLENN: Unbelievable.
MOORE: Those are the things the Government is supposed to
spend money on.
GLENN: Absolutely unbelievable. Steven, we'll talk to you
tonight. Bye-bye.
Here's our number, 888-727-BECK. 888-727-BECK. He's going to
take that apart and the real story tonight, but I'm leading
tonight with this border mess where they are defunding the
border fence. No longer double layered fence. It's in the
bill. We'll tell you about it tonight, 7:00 Headline Prime.
END TRANSCRIPT |
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