S*#t You Need To Know: Debt And Presidential Visits

It's a wake-up call in more ways than one.

Time for some sh** you need to know.

All right.

Oh, this is this is...

Well, great news.

We're about to reach our $41 trillion debt ceiling.

Not Jamie and I, but the country.

A new forecast says the federal government could reach its $41.1 trillion debt limit sometime between late winter and mid-summer of 2027, requiring action from Congress and the White House to avoid a default.

Donald Trump very good at defaulting on loans and bankruptcy, so.

I'm sure this won't be a problem, right?

Once the debt ceiling is reached, the Treasury Department can use temporary measures to keep paying bills for several months, but those options eventually run out.

Economists warn that a U.S.

debt default could disrupt financial markets, increase borrowing costs, and damage the economy.

Why start now?

Federal debt is continuing to grow, with the government expected to spend about $2 trillion more than it collects in revenue this fiscal year.

The debt ceiling is expected to be a major issue for lawmakers as concerns grow about both rising government debt and the need to keep the government meeting its financial obligations.

Weren't we promised...

In the last campaign, more fiscal, yeah, we're

gonna get rid of the

debt, we're gonna lower that debt.

Fiscally responsible

is what we were told.

It was gonna be Kamala Harris who was gonna spend all of your money.

Jamie, she would be

taxing and spending and going crazy and our kids would go to war and it was all gonna be bleak.

Yeah, thankfully

we are on the bright side of of that to coin with

is this the bright side?

Is this what it feels like?

This is

what paradise feels like

on a

Friday

Yikes, I don't know if I like it here.

But in other stuff you need to know this morning, we're going to bring it closer to

home.

It's a great

understatement.

We're going to bring it closer to home.

Democratic gubernatorial candidate Mandela Barnes has unveiled a farm policy plan ahead of President Trump's visit to Chippewa County, which is going to take place today.

We'll talk about that in more depth in just a moment here.

But Barnes' plan focuses on family farms and rural communities.

Barnes says that he would

target agricultural monopolies, expand local meat processing options, and support a right to repair law, allowing farmers to fix their own equipment.

His plan also, right, this is something I learned, they can't actually do that.

Wow, alright,

I didn't realize that.

I didn't either, so I learned a

little

bit.

I learned a little bit from Mandela Barnes on this, and yeah, if you're a farmer this morning, please tell us how this works.

1-855-752-4842-185575 Civic.

At any rate, Barnes' plan would also include limiting foreign and out-of-state investment ownership of Wisconsin farmland and create programs to help new farmers buy land and keep farms in the family.

He's also proposing efforts to expand markets for Wisconsin farm products, encourage state agencies to buy Wisconsin-grown food, and increase agricultural

education.

Farming, trade tariffs and rural economic issues are expected to be key topics.

in Wisconsin in 2026 as we go through this governor's race.

It's a plan.

You can go read it over on his website if you're interested to find out more.

He was in the Chippewa County area yesterday talking about this plan and it is more than just holding speeches and rallies and showing up and talking to farmers.

He actually has an idea of what he would like to see the agricultural industry look like in the state of Wisconsin.

make it better for our farming community.

Yeah, it's gonna be... I like anybody who has a plan.

Yeah.

Come and tell me what you get.

I might not agree with your plan.

Sure.

Or I might have issues with one or two points on it.

But at least you're coming to the table with something rather

than,

and no, this is not signaling any politician, a lot of empty talk.

We always get the empty talk.

I want, hey,

here's where we're gonna

start.

Here, this is what I'm coming to the table with.

Now, let's, oh, dirty word.

Let's negotiate.

Let's figure this out.

Let's find

a way to make it work because the end goal is something everybody agrees on.

All right, another piece of you need to know.

I know you've been thinking to yourselves, man.

When is UW-Madison going to get a Chancellor?

This is crazy.

We

can't live without a Chancellor.

Well, UW-Madison has officially launched its search for a new Chancellor after Jennifer Nukin left to become President of Columbia University.

Officials hope to make a selection by the end of the year.

The next Chancellor will lead Wisconsin's flagship university, overseeing more than 51,000 students, 28,000 faculty and staff, and a nearly $5 billion budget.

Public listening sessions will be held this month to gather input on what students, employees, alumni, and community members want in the university's next leader.

Campus groups say they want a chancellor who supports employees and students while addressing issues such as worker pay, international student concerns, and campus engagement.

The next chapter will also help UW Madison guide UW Madison through major changes in college athletics, including athlete compensation, the transfer portal, which

I will never understand, and revenue sharing.

Finalists are expected to visit campus this fall before the Board of Regents makes a final decision.

That

is not

an easy job.

No, it's not.

Especially when you're talking about an infrastructure as big as UW.

So I love that they're getting community support.

I love that they're talking to the students and people who have been there so that they have an idea of what people want in somebody who's going to be leading that infrastructure.

We're going to talk about this big story though, Brian, because

the

president is coming to Wisconsin today.

In fact, he's going to be in the Chippewa Falls area.

It's his first trip to the state since beginning his second term and of course we are gearing up for that gubernatorial race and he is coming in to promote his front-runner Tom Tiffany and also Derek Van Orden who is going to be front and center with him at today.

Yes.

What a threesome.

What a triple header

coming to the Chippewall Valley.

I'm not sure, I don't know if Tom Tiffany is going to be there but I know for sure that Derek Van Orden is going to be there and obviously they are going to

talk a little bit about Wisconsin farmers and the rural communities.

Van Orden has been already in the Chippewa Falls area.

That's his

district.

He was up there with RFK.

They were on a dairy farm last week.

And Derek Van Orden says that this administration has prioritized rural America through trade agreements, tax policies, and investments aimed at helping farmers and small businesses.

Here's what he has to say.

Donald Trump has been able to drive exports by having new trade agreements on average about one a month.

These are significant, statistically significant things for our farmers and all of rural America.

You mean by importing Venezuelan beef and putting tariffs on things and then stopping

the

flow of fertilizer and things through the Strait of Hormuz?

And I don't

mean to

speak for farmers because I am not one.

it doesn't seem to an outsider that he is fulfilling those promises.

It

doesn't,

it doesn't seem right.

But again, 855-75-CIVIC, 855-752-4842, if you are in the agricultural community, if you are a farmer and he is doing this, then let us know.

So we're educated.

Now, in case anybody's wondering, through the Rural Health Infrastructure Fund, Wisconsin is expected to get about $200 million this year.

Obviously, that will help support and strengthen healthcare in a lot of those rural communities.

This has been a priority of Derek Van Ordens over the last few months.

Whether you agree with how he votes or not, because it hasn't always,

haven't always aligned with some of the things he said about his district and rural health care.

He has been very vocal about it and at least making sure that there's access or at least saying he would like there to be more access.

So obviously that's going to be a sticking point over the next few months as we watch how this gubernatorial race plays out.

We talked about it yesterday if you were able to join us on the show and if you weren't, please go check out Spotify and C-Pass.

episodes and listen to past episodes here.

But this is going to be a very crowded gubernatorial race for the Democrats.

There are currently seven Democrats in the vying for that top spot.

I think a prime opportunity for the Republicans to at least get their message out through Tom Tiffany, Derek Van Orden, and new polling came out this week.

And granted, the president's approval rating, according to Marquette, is dropping across the state and the nation.

Like a wrap.

However, that's among independence.

Sure.

He still has very, very strong support.

Among the Republican voters, so I think the fact that he is going to be here I think excites that that that voting base I think it makes them happy to see the president and you know We've talked about it on the show the the Republicans are trying to build a much stronger ground game going into this particular election So I think these are all things that they're hoping President Trump being in the state can bolster for them going forward.

I

As much as I don't want to listen to what he has to say, I can't wait to hear what he has to say because

I'm

guessing help for the farmers will take up.

0.3% of the speech and how he was agreed, the grievances he has with Wisconsin voters and Wisconsin for the stolen elections and how he'll give quick mouth service to DVO.

And I

don't mean

that's not a euphemism, Parker.

That's just, you know, he's gonna, he's gonna pay him a little, he'll give him the old, he won't shake his hand though.

I want to ignore him like at the State of the Union.

Parker, do me a favor, give me a polymarket vote on will Donald Trump shake DVO's hand and

see what the

odds are and then we'll put down, you know, $7,000.

What I do think is interesting is that this campaign chose to start in Western Wisconsin, which is a majority of the rural votes.

It's a majority, a place that has been kind of demolished as far as rural health care, the farming community.

So, I mean,

And there's somewhat of a strategy, I think, there.

So it will be fascinating to see if he actually talks about rural issues or if it goes on to some sort of, you know.

You know it's going to be a

swerve.