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  • 5/12/2025
Congressman Morgan McGarvey (D-KY) joined "Forbes Newsroom" to discuss President Trump's proposed budget.
Transcript
00:00And I know you said you have roots in the state legislature. You like moving at a fast clip.
00:05Secretary Besson said that this could be functioning within a year. What do you make of that timeline?
00:10Do you think that's too rushed? Do you think that's appropriate? What does that look like?
00:15You know, as we get into this, we're not the first country to do it.
00:18And there are even states within our own country who have done it. So we are not building this from scratch.
00:23I think what we should do is study this completely, do it as fast as we can, get the best information we possibly can.
00:33And if we decide it's the right thing to do, then let's go. Let's get it done.
00:36And so, you know, I like that. But I think I don't have a problem with the timeline so much as maybe the presumption on the front end that it's absolutely something we need to do.
00:48Let's see if this is something we can and should do, if it's going to work for the American people.
00:55If it is, let's do it and get it done.
00:58And once Secretaries Lettnick and Besson come up with that plan, release that proposal, I would love to have you on and talk about it.
01:05I do now want to switch gears just for a second and talk about President Trump's released proposed budget plan.
01:11It was it came out last week and we would see a one hundred and sixty three billion dollar cut in non-defense spending.
01:17Some of the places we would see some serious slashes are National Institutes of Health, the IRS, the Environmental Protection Agency and the Education Department.
01:27What do you make of the plan that was released?
01:30Yeah, I mean, they are going to cut a lot of the basic needs and services that people use every day, not just in Kentucky, but all over this country.
01:39You know, those those cuts to the Department of Education could take a billion dollars out of the public schools in Kentucky.
01:48You didn't even mention Medicaid, which Medicaid is is potentially getting massive cuts in this budget, which look, 46 percent of the kids in Kentucky have Medicaid as their health insurance.
02:01Forty percent of kids nationally have Medicaid as their health insurance.
02:07Let's not talk about cutting health insurance for kids in order to add.
02:14And the Senate package had nearly seven trillion dollars in tax cuts for the absolute wealthiest Americans.
02:22I think it's a budget that doesn't have its priorities in line.
02:25Well, that's a budget that erg.
02:27I think that this
02:36was a budget that generally really has limited.
02:39So, let's discuss this for...
02:41let's say that there is universal permission to to cover the questions of my own
02:47agenda and also detailing all sorts of things throughout the country.

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