WAR ON FRAUD: Minnesota is just the ‘TIP OF THE ICEBERG’
FULL TRANSCRIPT
BRIGADE.
>> Martha: HE DIDN'T MENTION
THEM LAST NIGHT.
WITH THAT WE BRING IN COUNCIL
DIRECTOR KEVIN HASSETT.
I SEE YOU ARE NOT WEARING A FROG
SUIT OR JUMPING AROUND ON STAGE
RIGHT NOW.
WHAT IS YOUR REACTION WHEN YOU
SEE THAT?
I ENCOURAGE YOU TO CHUCKLE A
BIT.
WHAT DID YOU MAKE OF THAT
EFFORT?
>> I THINK IT GOES BACK TO SOME
OF THE STUFF THAT YOU RAN BEFORE
THE BREAK TOO WHERE WE HAD A
LIBERAL COMMENTATOR SAYING THAT
THE NUMBERS WERE ALLIES, THEY
WERE ALL WRONG.
AS YOU KNOW, WHENEVER WE HAVE A
STATE OF THE UNION, FIRST OF
ALL, NERDS LIKE ME OR OVER EVERY
NUMBER FOR WEEKS TO MAKE SURE
THAT EVERYTHING IS RIGHT BUT
THEN WE POST THE FACTS ON
WHITEHOUSE.GOV SO ANYONE WHO HAS
A PROBLEM WITH ANY OF THE
NUMBERS AT THE PRESIDENT SAID
CAN GO AND LOOK UP WHAT THE
SOURCE SAYS.
WHAT IS GOING ON IS THAT PEOPLE
ARE DANCING AROUND WITH FROGS
AND DANCING AROUND THE FACTS
BECAUSE THEY DON'T LIKE THE
FACTS.
THE FACTS ARE THAT
PRESIDENT TRUMP IS CREATING
THIS.
IN THE FIRST THREE QUARTERS
WHERE HE'S BEEN PRESIDENT, THE
AVERAGE GDP GROWTH HAS BEEN
3.2%.
HE PROMISED 3% GROWTH IN 2017
AND EVERYONE SAID HE'S CRAZY.
HE'S ALREADY DELIVERING THAT AND
THERE'S LOTS OF POLICIES THAT
ARE JUST KICKING IN RIGHT NOW.
I THINK WE ARE VERY, VERY
OPTIMISTIC THAT THE GOLDEN AGES
HERE AND THAT PEOPLE ARE ALREADY
SEEING IT IN THEIR WALLETS.
PRESIDENT TRUMP MENTION LAST
NIGHT THAT THE AVERAGE AMERICAN
FAMILY SAW THEIR INCOME GO UP BY
$1400 LAST YEAR AFTER ADJUSTING
FOR INFLATION.
>> Martha: PUTTING UP SOME
APPROVAL NUMBERS.
JUST LOOKING AT THE POLLS.
PRESIDENT TRUMP'S HANDLING OF
ECONOMY.
THREE DIFFERENT SETS HERE.
YOU CAN LOOK AT ANYONE OF THEM.
A FOX NEWS POLL, A WASHINGTON
POLL, "WALL STREET JOURNAL"
POLL.
ALL HAVE THE PRESIDENT'S
DISAPPROVAL NUMBER ON THE
ECONOMY IN THE MID-TO-UPPER
50s, KEVIN.
WHAT DO YOU SAY TO THAT?
>> WHAT WILL HAPPEN IS AS PEOPLE
SEE THEIR INCOMES GO UP WHICH
ALREADY HAPPENED LAST YEAR AND
SKYROCKETED WHICH IS WHAT'S
GOING TO HAPPEN THIS YEAR AND
NEXT, REMEMBER WE GOT BETWEEN
$6500 IN THE FIRST THREE YEARS
BEFORE COVID AND THOSE NUMBERS
WERE FANTASTIC.
THE OTHER THING TO REMEMBER IS
THAT A LOT OF CONSUMER SENTIMENT
NUMBERS ARE STARTING TO VERY
POSITIVE AND WHENEVER YOU ARE
SURVEYING THESE SURVEYS,
REMEMBER THAT HALF PEOPLE, THE
DEMOCRATS, NO MATTER WHAT WE DO
THEY WILL WANT TO DANCE WITH
FROGS AND IGNORE THE NUMBERS.
>> Martha: WITH REGARD TO THIS
NEW PROGRAM THAT IS A SAVINGS
PROGRAM, WHICH I KNOW IS
SOMETHING THAT YOU'VE WORKED ON
IN THE BACKGROUND FOR QUITE A
WHILE, KEVIN.
WHO WOULD BE GETTING THESE
ACCOUNTS?
AND I'M SURE YOU'VE RUN THE
NUMBERS ON THIS, IT LOOKS LIKE
IF YOU GIVE PEOPLE $1000 PER
YEAR TO INVEST IN A SAVINGS
ACCOUNT AND THEN THEY ADD TO AND
OVER TIME AS WELL, IF YOU LOOKED
AT THE NEXT 10-YEAR PERIOD, THAT
COULD COST THE FEDERAL
GOVERNMENT ABOUT $500 BILLION SO
WHERE IS THAT MONEY GOING TO
COME FROM FOR THIS PROGRAM?
>> THERE IS ALREADY, IN LAW, A
PROGRAM CALLED THE SABRES MATCH
WHICH CAN FUND THE START OF
THESE PROGRAMS FOR LOW-INCOME
PEOPLE.
AS PRESIDENT TRUMP MENTIONED,
THE TYPICAL 401(K) FAMILY THAT
WAS LUCKY ENOUGH TO HAVE ONE
MADE $40,000 LAST YEAR BUT HALF
OF AMERICANS WERE LEFT OUT.
THE SABRES MATCH PROGRAM APPLIES
TO LOW-INCOME FAMILIES AND
THAT'S REALLY STEP ONE AND
THAT'S WHAT WE WILL START RIGHT
AWAY BECAUSE IT'S ALREADY IN
LAW, DOESN'T REQUIRE LEGISLATION
BUT AFTERWARDS I'M SURE THAT WE
WILL HAVE A STRONG EFFORT --
MAKE A STRONG EFFORT TO WORK
WITH FRIENDS IN CONGRESS TO MAKE
SURE WE GET ALL THE WAY UP TO
THE MEETING IN PERSON.
RIGHT NOW THE COST ISN'T AS HIGH
AS WHAT YOU ARE SAYING BECAUSE
THE PROGRAM IS SMALLER AND
DOESN'T GO ALL THE WAY UP MEDIAN
BUT A SMALLER INCOME LEVEL.
>> Martha: PART OF THAT TRICK
IS TO GET PEOPLE TO TAKE
ADVANTAGE OF IT WHICH WE KNOW A
LOT OF PEOPLE ARE OFFERED
401(K)'S AND THEY DON'T TAKE
ADVANTAGE OF THEM AND IT IS A
GREAT WAY TO SAVE.
I WANT TO ASK YOU ABOUT THIS.
PRESIDENT TRUMP PUT J.D. EVENTS,
THE VICE PRESIDENT, IN CHARGE ON
THE WAR ON FRAUD AND HE SPOKE
ABOUT THIS LAST NIGHT IN HIS
SPEECH DURING A MOMENT THAT WAS
VERY HEATED.
ILHAN OMAR WAS YELLING AT THE
PRESIDENT.
HE WAS TELLING HER THAT SHE
SHOULD BE ASHAMED OF HERSELF
WHEN TALKING ABOUT THE FRAUD
THAT HAS BEEN FOUND, $9 BILLION
IN MINNESOTA AND THEN HE SAID
THIS ABOUT THE WAR ON FRAUD.
WATCH.
>> I AM OFFICIALLY ANNOUNCING
THE WAR ON FRAUD TO BE LED BY
OUR GREAT VICE PRESIDENT J.D.
VANCE.
[CHEERING AND APPLAUSE]
HE WILL GET IT DONE.
WE ARE ABLE TO FIND ENOUGH OF
THAT FRAUD AND WE WILL ACTUALLY
HAVE A BALANCED BUDGET
OVERNIGHT.
IT WILL GO VERY QUICKLY.
>> OVER 1.7 TRILLION IN THE
BUDGET DEFICIT RIGHT NOW.
IT WILL BE A VERY BUSY
VICE PRESIDENT FINDING ENOUGH
FRAUD TO MAKE UP FOR THAT.
HERE'S WHAT HE SAID ABOUT THIS
PROGRAM AND HIS PROJECT THIS
MORNING.
>> IT'S UNFORTUNATE THAT NO ONE
HAS TRIED TO TAKE A SYSTEMATIC
LOOK AT HOW MUCH FATHER IS IN
THE FEDERAL GOVERNMENT.
HOW MANY ILLEGAL ALIENS ARE ON
MEDICAID?
WE KNOW IT'S BILLIONS AND
BILLIONS OF DOLLARS THAT SHOULD
GO TO AMERICAN CITIZENS, IT'S
GOING TO ILLEGAL ALIENS.
HOW MANY FRAUDULENT DAY CARE
CENTERS ARE SET UP SO THAT THAT
MONEY SHOULD GO TO AMERICAN
CITIZENS TO HELP CHILDREN GET
INTO CHILD CARE.
THE NEXT YEAR WE WILL TRY TO
UNCOVER AS MUCH AS POSSIBLE AND
RUN AT THIS IS MUCH AS WE CAN
BUT IT'S NOT GOING TO STOP AFTER
A YEAR.
>> Martha: WHO WILL OVERSEE
THIS INVESTIGATION?
IS THIS COMING FROM THE
DEPARTMENT OF JUSTICE?
WE HAD DOGE OF COURSE THAT
LASTED FOR A LITTLE WHILE.
WHAT DOES THIS LOOK LIKE WE.
>> THE VICE PRESIDENT, WHO IS
THE PERFECT PERSON TO LEAD THIS.
HE GETS THEM ALL IN A ROOM AND
ASKS THEM TO GET THEIR PEOPLE
TOGETHER TO STUDY THE POSSIBLE
FRAUD IN THEIR AGENCY AND ONCE
THE STUFF IS COLLECTED, HE WILL
WORK WITH THE JUSTICE DEPARTMENT
TO FIX IT.
MAKE NO MISTAKE THOUGH THAT THE
MINNESOTA PROBLEM IS REALLY THE
TIP OF THE ICEBERG AND AS WE ARE
LOOKING AROUND FOR OTHER
EXAMPLES IN CALIFORNIA,
MASSACHUSETTS AND MAINE, WE'VE
BEEN FINDING THEM EVERYWHERE WE
LOOK.
THE PRESIDENT HAS DECIDED TO GET
THE ENTIRE GOVERNMENT TRYING TO
STAMP OUT THAT FRAUD BECAUSE THE
FRAUD MEANS HIGHER TAXES FOR YOU
AND BIGGER DEFICITS FOR THE U.S.
>> Martha: I THINK IT OUTRAGES
ALL AMERICANS TO SEE THAT PEOPLE
ARE RIPPING OFF OTHER
WELL-MEANING TAXPAYERS WHO PAY
THEIR TAXES AND DON'T EXPECT
THESE BENEFIT PROGRAMS TO BE
ABUSED THAT THOSE TAX DOLLARS GO
INTO SO THERE WILL BE A LOT OF
FOCUS ON THIS AND WE WILL BE
INTERESTED TO SEE HOW THE
VICE PRESIDENT SHOWS US WHAT HE
HASN'T IF HE CAN GET TO
1.7 TRILLION TO BALANCE THE
BUDGET.
THAT WOULD BE PRETTY
UNLOCK MORE
Sign up free to access premium features
INTERACTIVE VIEWER
Watch the video with synced subtitles, adjustable overlay, and full playback control.
AI SUMMARY
Get an instant AI-generated summary of the video content, key points, and takeaways.
TRANSLATE
Translate the transcript to 100+ languages with one click. Download in any format.
MIND MAP
Visualize the transcript as an interactive mind map. Understand structure at a glance.
CHAT WITH TRANSCRIPT
Ask questions about the video content. Get answers powered by AI directly from the transcript.
GET MORE FROM YOUR TRANSCRIPTS
Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.