WASHINGTON—Today, United States Senator Bill Hagerty (R-TN), a member of the Senate Appropriations, Banking, and Foreign Relations Committees and former U.S. Ambassador to Japan, joined Wake Up America on Newsmax to discuss the conflict in the Middle East, along with the budget reconciliation package.
Partial Transcript
Hagerty on the stark contrast between Biden’s and Trump’s posture toward Iran: “What the Democrats did when they were in power is, actually, embolden Iran to do exactly what they’re doing. If you think about it, I worked in President [Donald] Trump’s first administration as U.S. Ambassador. We put the ‘Maximum Pressure Campaign’ on Iran. They were running out of money; they were broke. What does [former President Joe] Biden do? [He] comes back in and reimplements the Obama policies, flush with cash. Iran begins to pedal terror throughout the Middle East. That brought us the October 7th, 2023, massacre in Israel. The Houthis, basically, shut down the Red Sea. The Iranians have been fomenting terror all around the region. The time has come for this to stop. Israel has stepped up and put Iran in a very difficult situation. President Trump has some very important cards right now, and I don’t think the Senate should be interfering with him. I think this can be resolved in days.”
Hagerty on Iran’s weak negotiating position: “I think the Iranian hand gets weaker by the day. Every missile they shoot [is] one less that they have in their stockpiles. They can’t replenish every time they shoot. They’re identifying a launch site that the Israelis can take out. The story is getting worse and worse and worse for the Iranian regime. I think the Ayatollahs need to hear it loud and clear: President Trump has been consistent in what he’s said for both the 45 term and the 47 term. Iran will not have a nuclear weapon. The Ayatollahs now need to figure out what their best path is, but they need to come to the table very quickly. This needs to come to an end.”
Hagerty on the need to resolve the situation quickly: “President Trump is tired of the carnage. He’s told me so himself. He wants to see this come to an end. He wants to see it come to an end swiftly. But you know that President Trump will take decisive action when need be. He’s the one who decided to take out Soleimani. What did that do? It actually calmed the region. He’s letting the Ayatollahs know that this is serious. He wants this resolved. He’s given them every chance to do it, but they have very limited time window left.”
Hagerty on the budget reconciliation package negotiations: “The biggest sticking point of all is the fact that if we don’t get this done, the American public’s going to feel a tax increase like we’ve never felt before, north of $4 trillion. The White House budget model suggests that if that were to happen, we would see the GDP of the United States decline by six percent in 2026. We can’t let that happen. This bill is designed to stimulate more investment, more capital investment in America, which will create more jobs and more economic activity. The sooner we can make that happen, the sooner our economy takes off. So, I think one of the critical elements here that we need to talk about is, frankly, the speed to get this to the President’s desk. So, I’m all for getting this done by the 4th of July. Let him sign it. There are improvements that are underway right now here in the Senate. The senators that have been very focused on this are trying to make the bill more conservative. I’m all for that. We’ve got a real spending problem here in America, but we also have a problem of uncertainty. That uncertainty is, basically, forcing U.S. employers to hold back on the investments that they would normally make. I want to make certain that we get this done quickly, that certainty is returned to the marketplace, and we see capital investment moving, yet again, so that the America that we all know and love, under President Trump’s first term, will come back growing at twice the rate of any other major economy in the world […] I know that Leader [John] Thune is in very close contact with the House of Representatives, and it’ll probably be close on both sides because we’re going to make it as conservative as we possibly can, yet still hold 50 votes here and hold the House. So, that’s the negotiation that’s taking play. It’s complicated, but I think everybody understands the timelines, and I think everyone understands how crucial it is to get this done.”
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