
About this episode
Hour 3 of The Clay Travis & Buck Sexton Show pivots into a mix of breaking national security developments, immigration enforcement, media accountability, and an extended in‑studio interview with Small Business Administration Administrator Kelly Loeffler, marking the debut of Clay Travis’s new Nashville studio for live guest interviews. With Buck Sexton traveling for sponsor meetings, Clay anchors the entire hour solo, guiding listeners through major policy discussions and audience interaction.
The hour begins with updates on TSA operations, confirming that airport lines have dramatically improved nationwide following President Donald Trump’s emergency action to stabilize TSA staffing and pay. Clay notes that LaGuardia Airport remains the only notable outlier, reinforcing earlier claims that the travel crisis has largely been resolved. From there, the focus turns to the White House briefing led by Press Secretary Karoline Leavitt, who forcefully criticized legacy media outlets for barely covering the murder of Chicago college student Sheridan Gorman, allegedly by an illegal immigrant. Clay highlights Leavitt’s argument that the case exemplifies how media silence distorts the immigration debate and shields the real‑world consequences of unenforced border laws.
National security takes center stage again as Hour 3 revisits the Wall Street Journal report suggesting that President Trump is weighing boots‑on‑the‑ground military options to seize Iran’s enriched uranium. Clay expands on the concept at length, describing how such a mission would resemble a high‑risk special operations raid and debating whether its very public discussion signals intentional strategic pressure. He connects Leavitt’s comments about Iran’s internal power struggle with the possibility that certain factions within the regime may be signaling a willingness to allow uranium removal as an off‑ramp from nuclear escalation. Clay frames the potential raid as a cinematic, signature moment for Trump—one that could serve as a definitive proof of Iran’s nuclear ambitions and a clean conclusion to U.S. operations.
The second half of Hour 3 is dominated by an in‑studio interview with Kelly Loeffler, the head of the Small Business Administration and a senior member of the Trump cabinet. Loeffler outlines how small businesses—representing 99% of U.S. enterprises—are responding to Trump’s economic agenda, citing permanent tax cuts, 100% expensing for capital investments and R&D, aggressive deregulation, and a renewed manufacturing boom as drivers of growth. She explains how expensing provisions improve cash flow, enable hiring, and accelerate productivity across industries, especially manufacturing.
Loeffler also addresses massive federal fraud, revealing that the SBA uncovered over $200 billion in COVID‑era fraud that she says the Biden administration failed to pursue. She details how the Trump‑Vance fraud task force is targeting organized fraud rings, especially in blue states such as California and Minnesota, and describes new SBA policies banning foreign nationals from SBA loans. Her comments emphasize enforcement, prosecution, and deterrence as core components of restoring integrity to federal programs.
Disaster recovery, rural America, and farming policy are also key themes. Loeffler explains how the SBA supports disaster‑stricken homeowners and small businesses through long‑term, low‑interest loans, often filling gaps left by FEMA bureaucracy. She outlines the administration’s support for farmers, including regulatory rollbacks, right‑to‑repair, E‑15 ethanol expansion, grocery supply guarantees, and the elimination of the estate (“death”) tax, which she argues protects generational family farms and small businesses from forced liquidation.
The hour closes with lighter but still culturally relevant topics, including March Madness, women’s sports, and the Olympic Committee’s decision to bar biological males from female competition, which Loeffler credits in part to President Trump’s leadership and her own earlier legislative efforts. Clay then turns to listener talkbacks covering the No Kings protests, TSA improvements, humorous college basketball trash talk, and audience feedback about distinguishing between Clay’s and Buck’s voices, wrapping the show with humor and listener engagement.
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The Clay Travis and Buck Sexton Show — Hour 3 - Can America Lead in AI?. Machine-transcribed; use the interactive transcript above to jump the player to any line.
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open to the public investing ink, member Finra and SIPC. Advisory services by public advisors LLC, SEC registered advisor. Generated assets is an interactive analysis tool. Output is for informational purposes only, and is not an investment recommendation or advice. Complete disclosures available at public.com slash disclosures. Welcome back in, Clay Travis. Box sexton show, Buck headed to meetings with sponsors of the show. He'll be back tomorrow with me at the top of the hour, but he is out now for the third hour of the program. Let me give you a little bit of an idea of where we are headed. Head of the small business administration member of the Trump administration, Kelly Wefler. We'll be with me here in studio. Nashville is there are several members of the Trump administration in Nashville right now. We will see how that goes. I have built and by eye, I really mean my wife has done a phenomenal job building a new studio here in Nashville where we are capable of having guests.
And I believe Kelly will be the first guest. So she will be here at the bottom of the hour in person. And we will see how that goes as we test it out, hopefully we'll be able to have quite a few guests here in studio in the weeks and months ahead. So we will be testing that out some positives for you. If you're just getting in your car, just starting off your day with us. By the way, where have you been? You've missed two fun hours of the program. You can always go subscribe at the podcast and you can sign up for video feed at the YouTube channel for Clay and Buck where soon we will be debuting three hours a day of live video to go along with the three hours of audio that you guys have had over the past several years. But positive news coming out of everything relating to the TSA in the last few minutes, only LaGuardia and only one terminal in LaGuardia had substantial time issues in terms of
lines almost everywhere has been far better. So that is a super positive story out there. The TSA seems to have shortened lines in a significant way. You heard us talk in the first couple of hours about the continuing situation in Iran, as well as reports that there might be boots on the ground to seize the uranium that Iran was hoping to turn into a nuclear bomb, lots of details associated with that. But as we were talking to you in the last half hour or so, there was also a White House press briefing going on. And that White House press briefing going on was being led by Caroline Levitt. And we have a couple of different takes from her. First we have talked about this quite a lot on the program. This doesn't have to deal with Iran at all, but the unfortunate murder of Sheridan Gorman in Chicago. That is the 18 year old freshman college student who was murdered in a Chicago park.
It is received almost no attention at all in the so called legacy media. Caroline Levitt using her platform at the White House to draw attention to that as there are reports that President Trump has now spoken with the Gorman family and given him, his direct condolences cut 29 is Caroline Levitt discussing this just a few moments ago. I saw a survey over the weekend that I'd like to bring to all of your attention. This is the media coverage of the case of Sheridan Gorman. You have ABC news has spent one minute in 19 seconds between two days when this case was first alerted. You have CBS two minutes in one second. You have NBC 23 seconds spent on the life of a young beautiful American woman whose life was taken short by an illegal alien who should have never been here in the first place when we are in the middle of a battle on Capitol Hill with a major political party, the Democrat party who wants to defund the agency that is responsible for protecting Americans.
I think her life was worth more than 23 seconds on cable television and I think the people in this room have a responsibility to report on cases like this because it just exemplifies why the president believes so strongly and deporting illegal aliens from our communities. So again, that report, if you sometimes think to yourself, my goodness, why isn't there more outrage over the murder of innocent people by illegal immigrants that should have never been here, particularly those that have been arrested before? It's a lot of people just never hear about it. You hear about it because you listen to this program, but a lot of your friends and family, the kinds of people who show up at the No Kings protests, they don't have any idea because the media is not informing them. It's just not a part of their rotation. Now, so I wanted to share that with you. I think that's a really good job by Caroline Levit doing it in a way that directly calls out the media for not making it a part of their coverage.
The big story remains what's going to go on with Iran. Here is Caroline Levit cut 30 on the negotiations with Iran. I think that they say to us privately will be tested and we will ensure that they are being held accountable to their word. And if they are not, the President has laid out the military consequences that the Iranian regime will see if they don't hold true to the words that we are hearing privately behind the scenes. When the President says more reasonable, again, these folks are appearing more reasonable behind the scenes privately in these conversations than perhaps some of the previous leaders who are now no longer on planet Earth because they lied to the United States and they strung us along in negotiations, and that was unacceptable to the President, which is why many of the previous leaders were killed. So again, this is another historic opportunity for Iran to do the right thing, to rid themselves of their nuclear ambitions, and to come to a deal with this President and the administration. Or again, they will see the grave consequences of the United States armed forces, which they are continuing to see every day throughout this operation.
Okay. So again, a big part of this is figuring out who can we trust and who actually has authority in Iran. And I want to go back to the big Wall Street Journal exclusive report that came out last night saying that there is a consideration of putting so-called boots on the ground for a raid to seize all of the uranium that Iran currently has. We just had to finish off the hour there, a caller saying, hey, do we know where this uranium is? And again, I look at this and I just want to read you what the Wall Street Journal wrote. Teams of U.S., and tell me that this does not sound like a Hollywood or TV script. Teams of U.S. forces would need to fly to the sites likely under fire from Iranian surface to air missiles and drones. Once on site combat troops would need to secure perimeter so engineers with excavating equipment could search through debris and check for mines and booby traps.
The extraction of the material would likely need to be conducted by an elite special ops team, specially trained to remove radioactive material from a conflict zone. The highly enriched uranium likely contained in 40 to 50 special cylinders that resemble scuba tanks. They would need to be put into transportation cast to protect against accidents. They would either need to drive it out in a truck or they would need to create an airfield nearby. This would be, now, Iran could agree to hand over this uranium as well. And that seems highly unlikely. And so is it possible? This was a question I laid out for Buck, and this may be too spot-spied novel for all of you, but is it possible that Iranian leaders could signal that they're okay with America seizing the uranium because it makes them appear less weak in the country than if they
just hand over the nuclear weapons to Iran? I think that's a really interesting question about how this plays out. I also believe President Trump has a cinematic worldview. He has a worldview that understands how to cut through the noise and create signature event stories. And I think that this kind of raid could be for President Trump the kind of capstone raid that captures the nation's attention that could captivate him and lead him to sign off on a raid like this. Now the reason why I'm tying this in with what Caroline Levitt said is, the big question right now is who has power in Iran and who is able to deliver on the promises that they make? You noticed last week President Trump said, well, they gave us a gift. And he wouldn't say what the gift was. It appears that the gift was from these Iranian leaders.
We're going to allow a certain number of boats to safely traverse the Strait of Hormuz to give you a sign of who is actually making decisions right now. To what extent is right now there a power struggle that is going on inside of the country? And to what extent is on the flip side there a power dynamic that has coalesced where someone is in power that we feel like we can work with on the side of the United States? I think all of this is integral to getting some form of resolution here. And I think it's going to determine whether or not we are going to be able to get some form of successful resolution here. And I believe President Trump is likely to want is a signature achievement that can be seen as a victory here that would allow him to say, hey, we have finished all of our operations
in Iran. This is the capstone signatory event that represents the success. Here is the tangible uranium. I thought Buck made a great point after all of the disaster of pursuing WMDs in Iraq and not having them ever be there. What would the impact be of seizing the uranium and proving once and for all that Iran was in the process of actually trying to go out and gain these nuclear weapons? All of those things I think are significant as we are sort of contemplating where we are. We are just being joined right now in studio here by the head of the SBA, Kelly Loeffler, part of the Trump administration. We're going to bring her in fingers crossed that this is going to be a successful interview. You are the very first person to be able to come into the studio. It's new. So when we come back, we will talk with the Trump administration's SBA head, Kelly Loeffler, also a friend of mine. And I think you guys are going to enjoy the conversation that we have.
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Do it today. Use you can count on and some laughs too. Clay Travis and Buck Sets to find them on the free I Heart Radio app or wherever you get your podcasts. No one knows what the future holds, but you deserve a weather app that can help. Weather Bug is easy to use and provides forecasts for your every need. From storm warnings to pollen levels, write at your fingertips. Get the fastest local alerts and comprehensive 10-day forecasts wherever you are. Use hyper-local real-time customizable alerts. Make sure the weather never takes you by surprise so you can plan every day with confidence. Download the free weather bug app from the App Store today and start getting accurate weather forecasts 24-7. Imagine if your Wi-Fi was a little hot smarter and way more reliable. Picture it. Your TV, phone, laptop, even your fancy fridge working together to make life easier. Well, Exfinity makes that dream a reality. That device is so in sync you'd think they're telepathic. Wi-Fi that knows when your device needs a boost, the best equipment to stream, or games
at once with multi-view, or stream your favorite podcast on iHeartRadio. That's the magic of Exfinity. It's seamlessly in tune with you. Exfinity. Imagine that. Restrictions apply Support for the show comes from public, the investing platform for those who take it seriously. On public, you can build a multi-asset portfolio of stock, bonds, options, crypto, and now generated assets which allow you to turn any idea into an investable index with AI. It all starts with your prompt. From renewable energy companies with high free cash flow to semiconductor suppliers growing revenue over 20% year over year, you can literally type any prompt and put the AI to work. It screens thousands of stocks, builds a one-of-a-kind index, and lets you backtest it against the S&P 500. Then, you can invest in a few clicks. Generated assets are like ETFs with infinite possibilities, completely customizable and based on your thesis, not someone else's. Go to public.com slash podcast and earn an uncapped 1% bonus when you transfer your portfolio. That's public.com slash podcast. Paid for by public investing, brokerage services by open to the public investing ink, member Finra and SIPC, advisory services by public advisors LLC, SEC registered advisor.
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Visit washablesofas.com to get yours now. It's washablesofas.com, offers are subject to change, and certain restrictions may apply. Welcome back in. Appreciate all of you hanging out with us. We are joined by former senator, an incredible success story in business, and current member of the Trump administration, Kelly Loffler. She's the head of the SBA, and we're going to have you here for a couple of segments. Welcome in. I'm glad to have you in studio here. That's a great honor to be with you. Yeah, so we're testing it out. So we'll see how it goes. Hopefully this is going to work well going forward. You can watch it on video and let us know what you think. Let's start here. Small business is the backbone of American life in general. The number of small business owners that are listening to us right now, I bet, is massive. What are you seeing as you travel the nation? Because I think you've been to the vast majority of states since you took over about the overall economic climate, and what do you anticipate the impact of the big, beautiful bill being for so many small businesses out there?
Well, you're exactly right, Clay. Small business is the backbone of our nation. And President Trump knows that. He always says small business is big business. The American people know that they have put their trust in small businesses as an institution. It is ranked number one in America for trust far above any other so-called institution. Be it Congress or education or media because small businesses get it done. And I want to thank every single small business owner out there, every small business employee because they make our main streets work. And thanks to President Trump, Trump's economic agenda, it's coming back because look what we've done. We've passed massive tax cuts that now small businesses have permanent expensing, 100% expensing to continue to invest in higher. I have traveled across the country, probably 15, 17 states this year already, about 40 states last year. What I see is a tremendous economic boom happening in the manufacturing space.
And why is that so positive? Because manufacturing jobs are good paying jobs. They make our main streets strong, main streets coming back. And then we have massive deregulation because President Trump knows, and I know from growing up in a small family business, that that crushes small business owners when they're dealing with paperwork, bureaucracy and red tape. Let me ask you about one of those particular topics you just mentioned because I think people maybe don't understand how it can impact them, 100% expensing. Small business people who have to purchase expensive property to do their jobs understand that. Why does that matter so much, though, for business in general in terms of accelerating growth? Yeah, so first of all, the working family tax cut was really powerful for small business, not just in making the tax rate permanent, the 20% passed through the 199 deduction. That's 179 expensing bonus depreciation, expansion, 100% expensing on R&D, manufacturing, made in America.
All these things are critical because that lets a business owner write off 100% of the cost of a capital expenditure or R&D in year one. It frees up tremendous cash flow. Because if you make an investment in a piece of equipment, well, now you've got to hire a worker to help you with that equipment, but you have all your capital tied up in the equipment. Now they can buy the piece of equipment, have 100% right down against their income taxes and hire multiple workers. And so it's really generative in terms of economic growth. You met with the vice president's fraud task force just recently, I think, on Friday. How much, one of the things that I love about business is ultimately you got to either make money or you lose money and everybody has to make payroll. You've been through this. A lot of our listeners out there have been through it. When you see the amount of fraud and the reports that are coming out, how frustrating is it? How much do you think the Trump administration in this particular fraud task force can do
to address it? Well, first of all, we're going to do a lot. It's incredibly frustrating to know that up to a half a trillion dollars a year is wasted. According to the GAO's own reports on the federal government. Now what this administration is doing, and I'm grateful that Vice President Vance is leading this task force because he's a doer. He's come from the private sector like many of us in the cabinet who understand a small business could never run with this mismanagement, with this fraud and abuse of programs. At the SBA, we found $200 billion of COVID era fraud that the Biden administration either tried to forgive or sweep it under the rug, thinking no one would ever come after and look for it. That's happening at HHS, USDA, HUD, and we are going to have results. We know that taxpayers deserve to see people behind bars and to have deterrence, not just to have people go to jail, but to make sure that this never happens again because we could substantially cut our debt and deficit by attacking simply the fraud and abuse in government.
Let me tell people out there listening. If you have any questions you'd like for me to ask Kelly Leffler here in studio with me at Clay Travis on Twitter right now, I'll look at those during the commercial break and we'll hit more of this with her, but I want to tell you right now if you're trying to save a bundle of $2,000 over the course of a year, you can get hooked up right now, pound 2.50 from your cell phones make the switch to pure talk today. That's pound 2.50 make the switch to pure talk today. My kids, my senior in high school, my freshman in high school, they both have cell phones, your talk cell phones, I use those cell phones to stay in touch with them. I trust them for my own family. You can trust them for yours. How much difference could a thousand dollars make to you by the end of the year? A tremendous amount of difference when you're getting all those Christmas presents and when you're paying all your bills and trying to make sure your family hits the budget. Save a bundle now. You can keep your same phone number and your same phone pound 2.50.
Save a ton with pure talk, a company that expresses and appreciates and supports your own values. That's pound 2.50 say Clay and Buck from your cell phone today, pound 2.50. Welcome back in Clay Travis Buck's sext and show tons of questions rolling in. I'm going to get to some of these in a moment, but let's start. We were just talking about fraud and that is one of the primary tenants of a lot of these questions coming in, particularly we're talking with a small business administration head Kelly O'oughler from the Trump administration from the Trump cabinet. She is in studio here with me, Buck is traveling to do meetings with advertisers and supporters of the show right now. He'll be back with me tomorrow at the top of the show. So much questions about blue state fraud in particular and what we are seeing in California and the fact that there is now this fraud panel that is being chaired by the vice president designed to crack down on it.
Are you even in your position, you've been to roughly 40 states now to work on small business issues. Are even you stunned by the degree of fraud that we are seeing in blue states from California to Minnesota and beyond? Well Clay, I think what's stunning about it is the fact that the prior administration, the Biden administration not only didn't do anything about what is potentially a quarter trillion or a half trillion dollars worth of fraud annually in the federal budget, but that they refused to do anything and they helped promote it through their liberal socialist programs and that is nowhere more apparent than in blue states. So take two of the states that we've looked at at the SBA when the small fraud rings were exposed last year, we immediately went to work, looked at it, found about 7,000 borrowers in Minneapolis and Minnesota that we suspended. We went over and looked at California. We suspended 111,000 borrowers in the state that had committed upwards of 10 billion dollars
worth of fraud that the Biden administration tried to overlook. This is hard earned taxpayer dollars that have been stolen from the American people. We now have an administration thanks to President Trump and Vice President Vance that has the will and the ability and is putting the resources behind prosecution and then going forward stopping it from happening again. We've made a lot of changes at the SBA. One of them is banning foreign nationals from getting SBA loans. That has never been done in the history of the SBA. Now LA County wants to sue me for doing that because they're completely America last, but this is what it means to stand up and put America first is to make sure Americans are put to the front of the line and that their assets are protected, especially small business owners. This is an interesting question. I don't know if you've ever dealt with this particular angle before, but the SBA relationship to FEMA. The question is from one of our listeners, Delo, he's saying that during his time running
a small business out of a home that a lot of times damages to homes and FEMA interactions and everything else. Small businesses are frequently run out of homes and then so home damages become significant. How does that interplay work? Yeah, you're exactly right. You know, FEMA is generally a program that is directed at the state's response. We do have a limited individual benefit response. The SBA is different in that we run the largest government backed lending for disaster recovery. We can lend up to a couple million dollars in a disaster for that individual to come back low cost, low interest rate, about three and a half percent, 30-year loans for disaster recovery. That's something that we attempted to do out in California, for example, after the wildfires over a year ago, but of course, the bureaucrats and Newsom and Bass can't get out of the way and so they have about 15,000 residents that have lost their homes and can't rebuild.
Another question from American Rufus, a huge percentage of small businesses are sole proprietors that is one in two-man operations. How much can you focus? That is the smallest of small businesses. How do you grow those into bigger business? By the way, what actually qualifies as small business because the goal obviously is to grow small business into big businesses as many people have done? What's that universe like? Yes, so small business, the reason it makes up 99% of all businesses, because they can be almost medium-sized. We haven't really changed the definition for a long time, but it's 500 employees and fewer for non-manufacturing businesses and for manufacturers you can have up to 1,500 employees, which is why 98% of all of America's manufacturers are small business and about a $5 million top line, but it could go up much more for manufacturers. That's for sure, but look, small business lending in under President Trump has hit all time records. We put out over 100 billion last year at the SBA for the first time ever.
These are zero subsidy, so I will tell you that we are the most free enterprise government agency in the federal government because they're not backed by taxpayer money, the banks pay a guarantee fee to cover the cost, and we put out 60% of our lending to businesses of five or fewer employees. That is a huge and growing piece because of AI. We're going to see solar printer companies really boom thanks to the efficiencies of AI. I think it's growing. How optimistic are you about AI's impact? You just said the vast majority of businesses in America are small businesses. What are you seeing as you've been to sporty some odd states about the ability of these companies to become more efficient with AI and how optimistic are you about what that's going to do to help grow and increase profitability? Well, I'm incredibly optimistic now that President Trump is ensuring that America leads an AI. Just imagine if China were leading an AI. This is table stakes for us to compete internationally and defend our national security.
If you think about the automation coming into manufacturing, we're going to be able to reshore whole industries. I've seen it firsthand. I've walked factories with 60 people in them that are reshoring businesses that we had lost to China years ago because of advanced manufacturing, robotic welding, AI. I'm incredibly optimistic that this is not only a force multiplier, but this is going to be an increasingly important competitive weapon to become the dominant manufacturing superpower in the world, a title which we gave away 30 years ago and 40 years ago. The President in 1987, before he was President Trump, he was private citizen Donald J. Trump, was running full-page ads saying our policies can be fixed by someone that has a backbone. That turns out to be him. He was President. He's been completely convicted that we must have manufacturing in America. That's what he was fighting for 40 years ago and now we're finally getting it back. Mary writes, and I'm sure this is something you think about all the time, and by the way,
thank you to all the questions that are rolling in here as we're talking to a small business administration head Kelly Leffler here in the Nashville studio. Thank you for all you're doing and also what the administration and the cabinet are doing. How much time can you spend trying to get good messaging out when so much from the legacy media is focused on the negative side associated with everything? It's such a great question and thank you for that because look, the American people know they're being lied to by the legacy media. They absolutely know it and that is why I spend most of my time on the road. I have spent my entire 14 months on the job traveling around meeting with hardworking Americans, doing local media, talking to folks through great podcasts like this because we have to get the story out. We have such a capable cabinet. We have the best communicator in the world as the president and I'm excited. I've been out on the road to vice president advance as well so frequently and he's going
to be continuing to get out more. We are just getting started on the messaging and I think her questions are really important one that we all take very much to heart. By the way, this cabinet works so hard because we are so inspired by our president and the work that he's doing and there's no better person to connect with the American people than him. A lot of people out there involved in farming, listening to us right now, particularly in rural communities. I know there was just a big farming event that was directly involved with things that the SBA is trying to do to help there. What in particular can you say to people out there in the farming community about what you're trying to do and what the administration is working on? Well, Clay, I'm glad you asked. I'm from a five generation family farm grew up working in the fields and shout out to my brother and nephew Brian and Colin who are probably in the fields right now. I was honored to join the president and secretary Brooke Rollins at the White House last Friday and we've partnered a lot with USDA at the SBA because farmers are our original
small businesses in America and so the Trump administration has stood with the American farmer from day one to make sure that they have the ability to come back from this horrible green new scam that forced them to have diesel exhaust fluid pumped into their trucks and tractors and semis and so forth. We're rolling back those death requirements. The SBA came out with the grocery guarantee which provides a 90% government guarantee on everything from farming to fishing to trucking to processing to make sure that our food supply is strengthened and then we start to bring down prices and then things like E15 to have year around E15 which is so important to our heartland to produce crops that fuel our nation. The list goes on right to repair. This is something that if you have a tractor you could face thousands of dollars of downtime trying to get the implement into the equipment repair when you could fix it yourself.
So this president, this EPA, USDA, SBA, we are on the side of the American farmer like never before and these are people who put it all on the line every day, literally seven days a week. No one works harder and it's such a great honor to serve rural America. A big part, we got a couple of questions about this. People who own small businesses trying to pass it on to heirs, particularly farmers, the inheritance tax and how that can destroy a life's worth. You mentioned five generations for you. What is the latest that the president and his team and you guys have been working on to try to allow people like you said, the vast majority of businesses as defined by this under 500 employees by and large are small businesses so families can keep those businesses in house. Well this is something that the Trump administration ended through the working families tax cut. I mean this is really confiscation when you think about the onerous tax that I mean I watched my parents have to pay thousands of dollars when we were barely making ends meet just to have an insurance policy in case something happened a life insurance that happened
to some to them. They would have to sell the farm if they didn't have life insurance to cover the proceeds of the tax owed in the case of death. This is truly transformative for farming for small businesses to be able to ensure those family, those generational businesses that make our main streets work, whether you're a rule or urban community. So this is just another example, but this is what Democrats do. They tax and spend and confiscate hardworking Americans, the sweat of their brow, equity in their businesses and so that's what the president and Republicans in Congress did was to protect small business by ending the death tax. Last question for you and this has been awesome. I appreciate you coming out to the studio here. You're a big time sports fan. We're in the middle of March Madness, final fours being set left and right. Also the Olympics came out and said, Hey, men who are identifying as women are no longer going to be able to compete.
So too part for you, how's the bracket looking and how are you enjoying March Madness transpiring and this is direct result. I think of the president statements on men and women's sports that the Olympics has now come out and said, no more with this. Your thoughts on both. Well, first of all, I was the first US Senator in history to introduce protecting girl sports in 2020 on the Senate floor. It's a common sense idea that got a lot of pushback and saying it wasn't a problem. Well, clearly it was a problem. You know, six years later, we know it was devastating. Finally, the Olympic committee has come around to that. But look, I'm still on a high from the team USA hockey win, so I can't, you know, I think we have millions of new hockey fans in the country, so I'm really glad they did that. But unfortunately, there's so much work to do in this country still on protecting girl sports. And I'm so glad there's fighters up with me in Washington doing it. And then the other thing, the bracket, I mean, I'm in a line. I graduated from there back in the 1900s and when I was a freshman there, we went to the
final four. We had a player, Kendall, Kendall Gill, he ended up in the NBA. I'm thrilled with how it's looking. And I just hope for my nephew that Illinois, the line I come out on top, so it's been a good season. They'll be playing Yukon after the miracle shot they hit to beat Duke. And then on the other side, you've got Arizona going up against Michigan. We appreciate the time. I know how busy you are running all over the place and thank you guys out there for the questions. We'll be back close out to show next. But I want to tell you, cozy earth makes some of the world softest products, starting with sheets and betting hands down softest sheets. You may ever experience constructed to stay that way for years. Cozy earth got hooked up. We love all the brands at cozy earth. They back everything with a hundred night sleep trial, 10 year warranty. You can try it completely risk free, not too early to think about Mother's Day gift. Five weeks away. Cozy earth perfect. If you're looking for something snugly, in fact, cozy earth robes, something she'll use and appreciate every single day, go to cozy earth dot com.
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throughout the course of the program. Let me hit as many of these as I can, and I believe, um, see, this is really funny. Podcast listener Vince from Houston, I was telling my wife about this. The No Kings protest. They had a No Kings protest. This is real. In London. Uh, cut. See, listen. No Kings protest was such a joke. Uh, they even had one in England, which I actually have a king. So none of this makes sense. Liberalism is just, but nothing about a mental disease. No doubt. I think they changed it to not no tyrants day, uh, in, uh, in no tyrants protest in London, because even they were aware of how ridiculous, uh, in otherwise would sound. Uh, Darrell in Colorado, um, says that the, uh, difference in having the ice agents, thanks to Linda in Arizona, helping to make that happen, uh, says that his wife's, uh, transition and travel has been much better.
Dee. My wife just flew back from Atlanta on Friday, and she says that it was a much smoother than when she went in on Monday. So it seems like it's working out. Great. Uh, Ricky and Kentucky has a joke for all of you, uh, in particular, I imagine this is going to be at my expense. This is talk back. E. Listen. Hey, Clay Travis. Well, the golf courses in Tennessee, I only have 14 holes because you guys never played the final four. I am so glad we don't have to look at that puke looking orange color anymore. Yeah. This is a tough one. Three straight elite eight losses for my beloved Tennessee volunteers. So, uh, just FYI, thank you for that call. I haven't actually heard that joke before, um, let's see, uh, did it up Mel in Montclair, New Jersey, uh, F. Let's see what he has to say. I started listening to your show, uh, and is wondering if it's in some way that I have
difficulty distinguishing who's talking, whether it's Clay or Bach. So it's in some way, uh, you can help me to let me know who's talking when they're talking so I can understand each individual's point of view. Thank you very much. I'm the one who makes all the good arguments, Buck is the one who makes all the bad arguments. So if you're listening and you think to yourself, Oh, that's a really good take. That's me. If you're listening and you're saying, I have no idea what that guy's talking about. That's Buck. I hope that helps out. Uh, in all honesty, I will have video soon, um, and, uh, you'll be able to see us, uh, but, uh, I do know that we sound somewhat similar. So, uh, hopefully over time, you'll start to be able to tell the difference. I think most of you have five years in. Welcome to the club, though. Thanks for hanging with us. You and I hear about people and families who bought a time share years ago. They enjoyed it at first, but now feel completely stuck. And that's the part that hits home. People don't regret the vacations. They regret the obligation. If your life has changed, but that contract hasn't, you should know this. There is a legal way out.
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