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Blake Moore: “The last time we made one major change to Social Security…”

Featuring: Blake Moore, Republican | U.S. House Utah, 1st Congressional District

Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore

Published July 22, 2026 | Video Starts at 33:59

And Medicare was just sort of kicking, starting off and things like that, that has now eclipsed from 25%. It now consumes over 77%. We don't vote on it. The last time we made one major change to Social Security was like in 1983, maybe with Ronald Reagan and Tip O'Neill. O'. Neill. So that was two years after I was born. Yeah, likewise. Yeah. 1980, Reagan baby, 81. There you go. You're so youthful. (33:59–34:07)

CLAIM

Asserts that the last major change to Social Security was in 1983.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Blake Moore

“Six year olds are going to now be earning interest, whereas before they weren't starting those 401s or IRAs until they're 30.”
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“Since the Tea Party movement when it was the main thing, it's tripled.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 12:36-12:40
“We reduced the deficit by $360 billion, but tariffs were a part of it and they were ruled unconstitutional through the IIPA process.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 16:36-16:46
“We run a $2 trillion deficit every year.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 33:00-33:04
“Mandatory spending... now consumes over 77% [of the budget].”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 33:16-33:59
“I served in the intelligence community.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 06:02-06:04
“The company that I worked for, Cicero, was very involved both, you know, private, nonprofit, and public sector work.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 06:05-06:14
“I took over his [Dan Jones'] practice when he sort of passed the baton on.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 06:26-06:30
“Cicero is a management consulting firm, but we owned Dan Jones, and we use that call center and that capability to run marketing research…”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 06:36-06:45
“Our bill just passed with more support than it did the previous Congress.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 10:37-10:42
“We passed the bill out of committee on Ways and Means.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 10:37-10:42
“We got more Democrats on board with this one and the administration's making moves on it.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 10:41-10:49
“Passing a great Salt Lake bill, doing stuff in this industry that matters for people, making tax policy, pro growth tax policy, permanent.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 11:08-11:16
“Debt and deficit issue... it's gone up significantly since I've been in Congress.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 12:29-12:34
“The Fiscal Commission act passed, and that was in the 118th Congress.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 12:52-13:00
“In 2017, we lowered taxes, but we're actually growing. We grew the economy in a way that brought more revenue back into our US System.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 14:23-14:32
“We passed it with unanimous support out of the House back end of last year, so end of 2025.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 18:51-18:59
“What this bill does is it ensures that the University of Utah will be able to continue to use and access Research Park area for the reasons…”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 18:58-19:15
“Public lands, federal lands are such a tough issue to reckon with.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 19:29-19:35
“That swath of area, that land has, you know, it's got federal ownership of it, but it's been leased or deemed usable to the university.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 19:51-20:00
“We're working some angles to try to move it along through the National Defense Authorization act, because there's some angles there.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 20:52-20:59
“Fort Douglas is going to fully move their facility out to [the southwestern part of the valley].”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 21:55-22:08
“The University is going to be able to then use [Fort Douglas] for housing.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 22:19-22:22
“R and D expensing was the standard for a long time until 2017 when Republicans changed it.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 25:13-25:22
“Up until 2017 you could use everything that you spent, whether it be labor costs, capital costs, anything.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 26:12-26:20
“We moved it to a five year amortization so you could do 20% each year.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 26:28-26:33
“We as a group of Ways and Means Republicans said hey, we know folks are concerned about this.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 27:41-27:47
“We were able to re establish it in this last year make it, make a lot of it retroactive for small businesses.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 27:59-28:05
“The bill on its own is entirely bipartisan.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 28:15-28:19
“We just passed a housing bill, broad bipartisan support.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 29:20-29:23
“R D is back to, back to the normal way that it is. You can expense it within the first year and that's permanent.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 29:47-29:55
“We can cover that $2 trillion deficit because we are able to sell enough Treasuries.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 35:24-35:30
“We don't have a balanced budget anytime in the next little while.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 36:42-36:45
“MSET... it's Medicare coverage for breakthrough technologies.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 36:58-37:19
“MSET... is making sure that Medicare coverage exists for these technologies [breakthrough technologies].”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 36:58-38:22
“Trump first administration, they embraced it [MSET], they started doing it.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 40:36-40:40
“Biden administration changed it [MSET], pulled it back a little bit.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 40:40-40:54
“We're hopeful that this rulemaking... should be done in the next few months.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 41:19-41:25
“Once you codify it [MSET] and make it law, then it doesn't go away so quick.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 41:54-41:58
“Both Trump and Biden administrations stood the test of time [regarding a policy].”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 42:03-42:08
“It's got merit and it's worth making this into law.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 42:08-42:13
“Biohive...it's substantive, it's well researched. It's got broad support from the community, from various industries.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 42:28-42:48
“There was so much gusto for the administration to come in and we're going to figure out all this autism stuff.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 46:29-46:36
“There was a lot of over delivering there that I was like, how, how is it going to happen that quickly?”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 46:37-46:43
“There's no way the prevalence of this [autism]...was as prevalent as it is now.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 48:26-48:34
“There's something out there, and there's something that we can do on research.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 48:34-48:38
“Our nation is still in a position to be the most competitive and a world leader in virtually every area.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 49:19-49:30
“Anytime some new technological breakthrough happens, the US has been in a position to lead.”
Hive Capital: How Public Policy Shapes the Future of Life Sciences | Representative Blake Moore | Uploaded July 22, 2026 | 50:20-50:26