RESOLVING THE LEDGER
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The following is the transcript of an interview with Rep. Don Bacon, Republican of Nebraska, that aired on "Face the Nation with Margaret Brennan" on Aug. 16, 2026.ED O\u0027KEEFE: We turn now to Republican Congressman Don Bacon. He joins us from Omaha, Nebraska. Good morning, Congressman, and we understand it is your birthday. So happy birthday, and thank you for spending part of it with us.REPRESENTATIVE DON BACON: Good morning to you, and yeah, I\u0027m nine years old and dog years, so that makes me feel better.ED O\u0027KEEFE: Okay, well, if you could do the math, you\u0027ll figure that out. But we appreciate you being here. I want to start this morning with something the president had to say on Friday about the state of the economy and the state of the war with Iran. Take a listen.[BEGIN VC]DONALD TRUMP: For you to pay a tiny little bit more for your gasoline, just remember you\u0027re doing it so that a very evil country cannot have- a country really, it\u0027s the number one state sponsor of terror in the world. We don\u0027t want to have them have a nuclear weapon. So remember that when you have to pay a little bit more, you\u0027re at $4. It\u0027s okay. I mean, it\u0027s- I\u0027m not- I\u0027m not- I\u0027ll never apologize. I did the right thing.[END VC]ED O\u0027KEEFE: I know you\u0027re not running for re-election this fall, Congressman. But in the context of the midterm elections, is the president\u0027s justifications for gas prices across the country helpful to Republicans on the ballot this fall?REP. BACON: I think here in- in the tape you just played, he was being honest. And I think he was setting maybe false expectations in the previous months during the initial, you know, parts of this campaign with Iran, saying, "We\u0027re going to get a deal tomorrow, we\u0027re going to get a deal tomorrow," and- and not. This is going to be a longer term fight, and I think he needed to set appropriate and honest expectations here. Iran has killed about 1,000 Americans. It was the- has been the world\u0027s leading exporter of terror. In fact, 600 Americans were killed in Iraq from primarily those very dangerous roadside bombs that Iran made and sent to all the terrorists in Iraq. And I just think it was important for him to level with the American people. This is going to be a tough fight, and we do not- we cannot allow Iran to have a nuclear weapon. I don\u0027t think we should allow Iran to kill 1,000 Americans. This should probably been done a long time ago.\u00a0ED O\u0027KEEFE: Yeah.REP. BACON: But I think with the- he started out this whole war with, "This is going to be an easy fight. We\u0027re going to be done here. It\u0027s going to take a month, two months. Okay, we\u0027re going to get a deal tomorrow." And I think that that- those false expectations hurt him, and it\u0027s hurt the- the favorability of what we\u0027re trying to do here.ED O\u0027KEEFE: But do you get a sense he feels the pain of Americans, the economic pain?REP. BACON: He doesn\u0027t communicate it well. As you mentioned, he makes light of the affordability question, and we do have an affordability problem. And I think, you know, I think a better way for him to frame it, we had 9% inflation under Joe Biden. Of course, it went down towards the end of his presidency, but the Americans have never recovered from that. And once again, inflation is slightly higher than wages.ED O\u0027KEEFE: Yeah.REP. BACON: So, I think most Americans are feeling the pain at the grocery store and the gas. So, I think it\u0027s better just to acknowledge, hey, this is a problem, and we got- we got to work towards getting wages climbing faster than inflation. But one of the ways we could do that is to change his tariff policy. Tariffs have hurt inflation. It\u0027s not only just the war with Iran and gas; tariffs have also had a- an impact here. And I would encourage the president to review the tariff policy. Global tariffs, it ends up being a tax on consumers, and we\u0027re paying more because of it.ED O\u0027KEEFE: Well, you know, the fate of the USS Abraham Lincoln has been in the news in recent days. It is now expected to return to port after a more than nine-month deployment amid concerns about living conditions aboard the vessel. The president was also asked about this on Friday. Take a listen to this what he said.[BEGIN VC]DONALD TRUMP: No, no, no. Not nearly long enough.[END VC]ED O\u0027KEEFE: Not nearly long enough the deployment has been, he said. Was the president wrong to be dismissive about the concerns aboard the USS Abraham Lincoln?REP. BACON: I think so, Ed. It would have been better to acknowledge, hey, long deployments are hard. You know, I did one year in Iraq. I had another three- three other deployments to Iraq or the area that were shorter. But when I was in Iraq for a year, there were Marines and soldiers there for 18 months. So I think it\u0027s better to acknowledge, hey, this is hard on the families. It\u0027s hard on the service members. Thank them for being willing to defend our country and doing these 10-month deployments if you\u0027re on an aircraft carrier. I think that would have been a much more better way of addressing this issue. It is hard on families, we should acknowledge that. But we\u0027ve done it for previous wars and deployments, and we\u0027ll have to do so in the future. I think that\u0027s a better way to phrase it.ED O\u0027KEEFE: The USS George Washington is now headed into that region as the Lincoln comes back or heads to port. Do you think there needs to be some kind of congressional investigation or review of the last nine months and what was going on aboard that carrier?REP. BACON: Now we should have oversight. We should bring in Secretary of the Navy and or the Commander, the- the Service Chief of the Navy, and have them explain to us the truth on that. But I- I served on an aircraft carrier as an Air Force guy during my 30 years in the Air Force, and we had som...
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