WOW! Trump GETS HUMILIATED as GOP VOTES AGAINST Budget
by Ben Meiselas
MeidasTouch
May 16, 2025
MeidasTouch host Ben Meiselas reports on the breaking news as Donald Trump and MAGA Mike’s budget just got voted down by Republicans in the House Budget Committee.
Transcript
This is an unmititigated disaster for
Magga Mike Johnson folks and we've been
predicting it here at the Midas Touch
Network donald Trump's quote big
beautiful budget end quote was just
voted down by members of the GOP in the
budget committee yep the GOP members
shot down Trump's budget they said it
was going to increase the deficit by
trillions of dollars and get this there
is even more opposition to Trump's bill
in the Senate than in the House but this
bill has been derailed in the budget
committee magic Johnson yesterday was
saying "Nope it's on track things are
going great." Here on the Midas Touch
Network we were saying "Nope." Remember
what we reported earlier this morning as
well we said that bill ain't going to
make it out of the budget committee and
here's the moment where the House Budget
Committee failed to advance the GOP Tax
and Spending Bill
16-21 there were four no votes then
there was a fifth vote that was made by
someone in order to reintroduce this
perhaps in the future let me show you
what went down let's play the clip
the clerk shall report mr chair on the
vote there were 16 eyes's and 21 nos
well the nose have it the committee
stands in recess subject to the call of
the chair i want to thank everybody for
their time and patience and um Godspeed
and safe travels so here's what was
going down in real time you had MAGA
Republican Congress member Norman a no
vote maga Republican Congress member
Chip Roy a no vote maga Republican
Congress member Breachen a no vote maga
Republican Congress member Clyde a no
vote and then MAGA Republican Congress
member Lloyd Smucker changed his vote to
a no likely in order to try to I guess
bring this back up but the House budgets
vote on that reconciliation bill has
failed maga Mike humiliated by MAGA
Republicans a major Friday disaster for
Donald Trump now we got wind of this as
well when we saw Ralph Norman MAGA
Republican and others kind of walking
with a smile on their face earlier today
they kind of indicated what was about to
go down we thought this was going to
happen but Magic was lying and saying it
wasn't here's what MAGA Republican Ralph
Norman was doing earlier in the day when
he was walking there and he's like "Not
going to tell you what I'm going to do."
Here play this clip
are you'll be up there will you guys
advance the agenda today
we'll be in the room what's this
conversation
with with Gil back they
With Gil back they can lose both of you
do you think the market will get started
today
hey guys
what's going on
now you'll recall yesterday Magamike
Johnson was surprise surprise lying by
the way this guy is the worst speaker of
the house ever we'll see if he's going
to lose his job now soon i think Magga
Mike is indeed on the chopping blocks
but yesterday Magamike says this big
beautiful bill it's all going to plan
yes we have some issues around salt
right the uh the state and local tax
deduction but that's not even the issue
that ended up crushing it it was the
people it was right-wing MAGAS on the
budget committee who said this was
adding trillions of dollars to the
deficit so they even got haven't got to
the salt issue and they haven't even got
to the Senate where there's more
opposition here's what Magga Mike was
saying yesterday play this clip very
brief cuz discussions are ongoing but we
had a a good sampling of the conference
in in my conference room here for the
last couple of hours we had the Salt
Caucus the leadership of the Salt Caucus
five or six of those members and then we
had a sampling of others we had the
chairman of the Republican Study
Committee chairman of the Freedom Caucus
um another sampling of members who are
from committees of jurisdiction
including Ways and Means and it was a
very thoughtful discussion i'm sure
you'll talk to many of them individually
but I think everyone will say it was
productive and that we are moving the
ball forward everyone has known that the
the salt issue is one of the big ones
that we have to resolve it's one of the
the key pieces of this equation to sort
of meet the equil equilibrium point that
everybody can be satisfied with not
everybody's going to be delighted with
every provision in a bill this large but
everyone can be satisfied and we're very
very close to that so I've committed to
work throughout the weekend on it um
others are as well and we and I'm I'm I
am convinced that we'll be able to
adjust the dials so to speak so that we
can come to an agreement that will that
will meet the criteria that everybody
has and that we can move this thing
forward we are still on path to pass
this bill next week to have it on the
floor that's always been the plan and um
and I don't see anything that would
impede that right now now as I mentioned
there's even more resistance to this
horrible atrocious tax bill that by its
own very terms raises the debt ceiling
by almost $5 trillion there's more
opposition in the Senate to this than
even in the House of Representatives so
this thing still has to this thing has
to go to the Senate and senators have
said this is dead on arrival even if you
pass this thing which it didn't even get
out of the budget committee they said
"We ain't we ain't passing this thing."
You This is why I like to show you the
receipts i don't want to buy media
narratives let's just listen to what the
people are saying right here's MAGA
Republican Ron Johnson from Wisconsin
here's what he's got to say about this
play this clip acceptable can you see
yourself voting for this big beautiful
bill at all not Not in the current
structure no i I'm I refuse to vote for
something that's going to actually
increase the
deficits exacerbate the problem from the
current situation again we we shouldn't
even be talking about this right now we
should have been doing all the work like
I say multi-step process we'd already
have the border funding we'd have
defense we'd have $850 billion of real
savings banked already plus we could
have extended current tax law taken tax
increase off the table we could have had
all that done but unfortunately
decisions were made to do one big
beautiful bill it's not beautiful i'm
sorry it's not a big beautiful bill
that's called rhetoric there's one thing
there's one thing he's a no vote then
you've got MAGA Republican uh Senator
Ran Paul from Kentucky he's a no vote so
Senator Johnson Senator Paul here play
this clip senator what do you need to
see in this bill to be on board
the problem is is it's asking
conservatives like myself to raise the
debt ceiling $5 trillion that's a that's
historic no one's ever raised the debt
ceiling that much it will be a record
for Congress to raise the debt $5
trillion but also it indicates that this
year the de the deficit will be over two
trillion but it means they're
anticipating close to three trillion for
the next year it's really a slap in the
face at those of us who are excited
about Elon Musk and Doge and all the
cuts where are the cuts if the cuts are
real why are we going to borrow five
trillion so what I proposed was this i
put forward a proposal we voted on it to
raise the debt ceiling for 3 months why
because I think we should vote on the
debt ceiling every 3 or 4 months to see
if they're doing their job if they
promise us cuts in spending not just the
administration I'm talking about
congressional leaders as well if the if
the promises are real I'll vote to raise
it every three months, and ultimately what you got is
these MAGA Republicans who also want to
cut Medicaid by the way the MAGA
Republicans who voted to block this bill
in the budget committee who derailed
this thing in the budget committee
they're also the people who want
Medicaid cut like a lot of them they
these are the people so their view is
that if you their view is you have to
cut Medicaid or else you're going to
balloon the deficit so how are they even
ever going to solve this i mean take a
look this is MAGA Republican Buddy
Carter talking about ending Medicaid
play this clip we're trying to get on
Medicaid and yet we've got some able
bodies who who really should not be on
there or should be able to to go to
another insurance um product that would
help them to have health insurance and
yes we all agree that we want to try to
make sure everybody has access to health
care but at the same time not on the
program that was intended for the most
vulnerable in our society yeah oh look I
mean I'm sure there's a fair amount of
waste to be cut as well and this was
yesterday as well when you had MAGA
Republican Jason Smith go on Will Kaine
show here's what they had to say let's
play this clip one of the debates your
colleagues are having as well is over
Medicaid cuts and are they steep enough
or are they too steep there seems to be
a little bit of divide like that on the
right congressman Roy was on our program
yesterday and he said whether or not
it's salt or whether or not it's
Medicaid cuts it's not enough and he
reflects some other voices out there
like some senators that he'll have to go
through eventually as well like Ron
Johnson this is what they had to say
there's a lot of overlap there for the
big blue states that are taking a lot of
Medicaid money for all of these
able-bodied people i think we need those
reforms so if they want their salt
increase maybe they should come work
with us on Medicaid i think that Scott
Besson is right but let's be very clear
all we're talking about to Ron John's
point Ron Senator Ron Johnson is $150
billion a year in savings in this bill
out of a $7 trillion spend for your
government chairman is there enough is
it enough deficit reduction to get the
votes that you're going to need to pass
the House and the Senate you know
failure is not an option Will because if
we're not able to pass this bill what's
even worse is that there's zero spending
cuts and what's even worse is that all
the IRA credits are intact that would
happen if we're not able to pass this
bill if we pass what the House has
projected to pass and that's 1 point let
me say when we pass what the House has
projected to pass the $1.5 trillion
worth of cuts would be 300% more than
what's ever been cut by any Congress in
the history of America but we could do
better i totally agree but it's all
about balancing and we can't lose more
than three people so we just have to
thread that needle but if we can't pass
this bill there's going to be zero in
cuts that's what I would I would let my
my colleagues know and folks even Josh
Holly mega Republican Josh Holly from
Missouri even he was basically saying
look one of the big problems about this
tax bill is it cuts Medicaid and he's
like I I can't pay you have to give at
le I don't want to give Holly credit for
much but at least he says here we can
cut Medicaid and he admits that Trump's
bill is going to cut Medicaid um that
and this bill is what failed to pass in
the House today play this clip do you
agree with the speaker is his bill not a
cut to Medicaid
well the right thing to do is not to cut
Medicaid so I'm glad to hear him say
that manu ought to be just a basic
foundational principle it is wrong to
cut health care for the working poor and
that's what we're talking about here
with Medicaid my state is a Medicaid
expansion state over 20% of Missurrians
including hundreds of thousands of
children are on Medicaid and mono
they're not on Medicaid because they
want to be they're on Medicaid because
they cannot afford health insurance in
the private market these are working
people and their children who need
healthare and it's just wrong to go and
cut their health care when they're
trying to make ends meet trying to help
their kids trying to make sure that
they're able to provide for their
families so I hope that the House GOP
and the Senate GOP will get the message
here by the way President Trump has said
the same thing no Medicaid benefit cuts
so and last point I want to make too one
of the other very there's so much
nefarious things about about this tax
bill it also cuts like 40% of uh uh
homeowners assistance as well to
low-income people it's going to make so
millions of people homeless it's going
to take away health care for millions of
people but here's HUD Secretary Scott
Turner here's what he's got to say about
it too and and and he's talking about
you know I I mean under this budget I
mean literally it th 40% of all rental
assistance uh out the drain homeowners
out the drain i mean Donald Trump's
whole platform the fraud was lower costs
make housing more affordable and of
course he's a fraud he's a felon trump
he's a sexual abuser he's a fraud he's a
liar he's a criminal anyway here play
this clip there should be new
qualifications to receive the welfare
benefits you write "Able-bodied adults
receiving benefits must work participate
in job training or volunteer in their
communities at least 20 hours a week."
So tell us about that is that a way to
significantly cut back how can the
administration enforce those policies to
reshape the welfare system
well Maria I think it's a paradigm shift
uh you know as well as I do work
restores dignity work brings pride you
know and our welfare system deviated
from what it was intended to be uh from
its origin it was intended for the most
vulnerable to the most needy in our
country but now we've created uh welfare
as a lifestyle in our country and you
know America is not a welfare state
america is a country of opportunity and
a country of entrepreneurship and so
this will help us to encourage
able-bodied people in America that are
receiving government subsidies to work
you know there was a study that came out
almost
50% of households that are receiving HUD
funds almost 50% not one person in that
household is working and that has to
change that culture that paradigm has to
change at HUD this is common sense
compassion we want to help people and
invigorate and encourage people to work
able-bodied people to work we're not
talking about the elderly we're not
talking about those that are disabled
able-bodied able-minded people that are
receiving HUD funding should go to work
to restore dignity maria Maria you get
up early in the morning and you work you
serve and so we want to give other
people and encourage others the same
opportunity and so this is a great step
forward working with our colleagues uh
at agriculture and also health and human
services and Dr oz to to be kind of a
catalyst to change the trajectory of the
lives of people in our country i think
it's a great point that you make
Secretary because work is empowering
well there you have it folks we're going
to keep you updated but these are some
major developments will Magga Mike
Johnson now lose his job this bill has
blown up in the budget committee of wow
wow wow a big morning