Jon Stewart on Who Trump’s Big Beautiful Bill Really Helps — and Hurts | Journalist Steve Kroft

**SPEAKER_1** (0:01)
You're listening to Comedy Central. From the most trusted journalists at Comedy Central, it's America's only source for news. This is The Daily Show with your host, Jon Stewart.

**SPEAKER_2** (0:33)
Welcome, everybody!

**SPEAKER_3** (0:35)
Welcome to the news!

**Jon Stewart** (0:43)
Welcome to The Daily Show, my name is Jon Stewart, and we have started to staple my scripts so that it doesn't fly away. We have an unbelievable show for you tonight. We're back, we've been off for a week now, we're ready to go. By the way, our guest tonight, former 60 Minutes correspondent, Steve Kroft, will be joining me later.

**SPEAKER_3** (1:04)
Why?

**SPEAKER_5** (1:06)
Why? Why?

**Jon Stewart** (1:09)
Why, you ask? To discuss our parent company, Paramount's shameful settlement.
That's why it's so wrong!

**SPEAKER_5** (1:29)
Wait, did they...

**Jon Stewart** (1:33)
Son of a bitch! Let's get right into the big news of the weekend. We celebrated our nation's independence with fireworks and drugs hidden in peanut butter to get our dogs through the fireworks.
Trasadone. It's like a thunder shirt you wear on the inside. But most notably, this weekend, marked the passage of the legislative coup that was Trump's big tax and spending bill. Now, I'm going to let you know, there were some cuts.

**SPEAKER_7** (2:20)
The Medicaid cuts alone could total roughly $930 billion, with at least 11.8 million people at risk of losing their health coverage.

**SPEAKER_8** (2:29)
Also cuts another $285 billion in food assistance.

**SPEAKER_7** (2:33)
An end to clean energy credits from the Biden era.

**SPEAKER_6** (2:36)
New caps on the amount that students can borrow in federal loans.

**SPEAKER_9** (2:39)
Three million poor people and kids will lose school lunch help.

**Jon Stewart** (2:46)
I think that last one is supposed to read, three million poor people and kids will lose school lunch.
It's just an intonation. It's a lot of painful cuts on a lot of vulnerable populations. But to be fair, at least America will finally make a dent on the deficit.

**SPEAKER_10** (3:12)
This mega bill will increase the deficit by $3.4 trillion.

**Jon Stewart** (3:19)
What the f**k? Holy s**t! You, what? You somehow managed to severely cut the safety net and expand the deficit.

**SPEAKER_1** (3:32)
That's impressive.

**Jon Stewart** (3:36)
That's one of those, hey man, how did you gain all that weight? Ozempic.

**SPEAKER_10** (3:40)
That's something that's hard to do!

**Jon Stewart** (3:48)
I'm on Ozempic, and now, I'm really f***ing fat! So even though some of our nation's most vulnerable are taking a pay cut, fear not. Other people are getting a raise.

**SPEAKER_6** (4:01)
There's $157 billion in new spending for the military and another $150 billion for immigration and border enforcement.

**SPEAKER_11** (4:12)
What? What?

**Jon Stewart** (4:15)
$150 billion for immigration and border enforcement? Are you telling me all this crazy shit that has been happening is broke ice? Is that what you're saying? What is ice going to do when they have real money? Oh. Oh, that's nice.
They're going to do the Kanye Diamond masks. Classy. But America's military and paramilitary weren't the only winners in this bill.

**SPEAKER_9** (4:59)
Changes to the tax code could benefit corporate America and manufacturers.

**SPEAKER_12** (5:03)
The bill features roughly $4 trillion in tax cuts, mostly for the wealthiest Americans.

**SPEAKER_8** (5:08)
The estate tax becomes permanent and more generous. The holy grail of this tax plan, the best part of it for businesses, is bonus depreciation. And all the private debt makers have been salivating over this possibility.

**Jon Stewart** (5:27)
I'm not sure that liquid is saliva. Okay, the winners continue to be the winners. Either way, this bill was a big victory for MEGA, and Republicans were turnt up.
I'm sorry, that was the party they had for the Epstein List not being released. I'm kidding, I'm kidding, I'm kidding. That's not what that was. There was no list. There never was a list.

**SPEAKER_13** (6:30)
The DOJ may be releasing the list of Jeffrey Epstein's clients.

**SPEAKER_7** (6:35)
Will that really happen?

**SPEAKER_14** (6:36)
It's sitting on my desk right now to review.

**Jon Stewart** (6:40)
Is it really?
The list is on my desk. But then I looked at the list and said, no list. Now, there's a lot of ways that we can walk through this tax and spending bill and how this bill encapsulates a ton of general Washington bullshittery. For instance, political hypocrisy. This bill was 970 pages. They jammed it through with barely any time to read it. How did Republicans feel about that when Democrats did it?

**SPEAKER_13** (7:13)
This thing is moving too fast.

**SPEAKER_1** (7:15)
People aren't even going to be able to read this bill.

**SPEAKER_15** (7:17)
They hope that nobody's going to take the time to read the bill overnight between right now and 8 o'clock in the morning when we're supposed to vote on it.