Full Congressional District 4 Debate — Mike Thompson and Eric Jones

[0:01] In the race for Congress, your voice matters. [0:05] Voters will decide their representation in our nation's capital, [0:08] choosing who tackles the key issues that impact Californians. [0:11] Tonight, meet the candidates looking to represent voters in Yuba City, Woodland, and Calusa. [0:19] Democrat Eric Jones has experience working in corporate America [0:22] and serves as an executive of a nonprofit that promotes free speech online. [0:28] Democrat Representative Mike Thompson is seeking re-election [0:31] and currently serves as a member of the House Committee on Ways and Means. [0:35] This is a KCRA 3 debate. [0:38] Congressional District 4. [0:39] Now, moderators Ashley Zavala and Golston Dart. [0:43] Thank you for joining us tonight for the KCRA 3 debate for Congressional District 4. [0:48] Voters statewide approved Proposition 50, [0:50] which redrew this district to now include Calusa, Yuba City, and Lincoln. [0:54] So, here's a look at the debate guidelines that the candidates have agreed to. [0:58] Each candidate will be given one minute to respond to each question. [1:03] For follow-up questions or rebuttals, candidates will be given 30 seconds to respond. [1:08] Viewers will hear an audible chime. [1:10] Candidates will see a light, and that means a candidate is out of time and it's time to move on. [1:16] We'll have some yes or no questions as well. [1:18] And candidates will be able to give their closing statements tonight. [1:23] We flipped a coin to figure out who gets the first question and who starts us off. [1:27] We're going to begin with Mr. Eric Jones. [1:29] We're going to start with affordability, Mr. Jones. [1:32] From groceries to gas, affordability is on a lot of voters' minds this season. [1:36] Name one single federal policy you will pursue to lower the cost of living. [1:41] Thank you, Ashley. [1:42] Thank you, Golston. [1:43] And thank you to everyone watching at home. [1:45] We're at a really critical moment in our country, and I believe the frame of this debate is pretty simple. [1:53] It's politics as usual or it's something new. [1:58] And when I look at America over the last decade, what I've seen is an ever-increasing affordability crisis, [2:04] and it's clear to me that those in Washington and those in Sacramento are not here to fight for us. [2:11] They're here to fight for America's largest corporations and special interest groups, [2:14] which continue to raise prices and gouge consumers. [2:17] We see that with PG&E. We see that with the health insurance industry. [2:22] We see that with fire insurance in our district. [2:24] We need legislators that will stand up to PG&E and use every opportunity at the federal level to hold them accountable. [2:32] That's FERC. That's the Justice Department. That's the antitrust regime. [2:37] Just because PG&E is a regulated monopoly does not give them the ability to price gouge customers, [2:41] and we need to freeze PG&E rate hikes immediately. [2:46] And so, Mr. Jones, just confirming in what capacity in Congress could you freeze PG&E rates to bring down the cost of living in this district? [2:55] So we have three avenues. We got the FTC. [2:58] We got the Justice Department, and we have the federal regulator, FERC. [3:02] FERC regulates about 18 percent of PG&E's business today. [3:05] That's all the high voltage and high transmission lines. [3:08] We have federal authorities to hold state entities accountable when they don't do their job. [3:14] And it's clear to me, as someone who lives in this district, who's seen rates double in the last five years, [3:19] that our legislators are not holding PG&E accountable. [3:23] Mr. Thompson, the same question goes to you on the cost of living. [3:26] What single federal policy will you pursue to reduce the cost of living in your district? [3:30] Well, thank you very much for having me today. [3:32] I will pursue the legislation that I'm carrying right now, the American Affordability Act. [3:38] I've been the lead on this issue in this Congress, and I will continue. [3:43] It uses a tax code to go after the high cost of utilities, gasoline, food, health care, and home prices. [3:52] It's a great bill that will lower prices for everyone. [3:55] And I think it's important. [3:56] My opponent did not answer the question, but it's important to note that PG&E is regulated by the state of California. [4:05] Rates, PG&E rates are regulated by the state of California. [4:09] If that's what you're interested in, you should be running for the state legislature, not the Congress of the United States of America. [4:17] Mr. Thompson, just a quick follow-up for you. [4:19] You mentioned home prices. [4:20] I mean, what would you do specifically to target housing that Congress hasn't already done? [4:25] Absolutely. [4:26] So the bill that I have uses the tax code in a number of different ways. [4:31] It provides a tax incentive to convert commercial and vacant properties into residential housing. [4:38] It adjusts the capital gains tax for housing, bumps it up to $500,000 for an individual and a million for a couple. [4:47] It provides first-time homebuyer tax credits, and it will supercharge the 21st-century road to housing that the Congress just passed. [4:58] Mr. Thompson, thank you. [4:59] All right, and this next question, Mr. Thompson, goes to you first. [5:02] The war with Iran and the opening and closing of the Strait of Hormuz has sent gas prices higher. [5:09] We felt it here strongly in California. [5:11] What would be a successful outcome to the end of the Iran war? [5:15] Well, I'm opposed to the war in Iran. [5:17] I voted against the war in Iran. [5:19] I voted for the War Powers Act to stop the war in Iran, and I will continue to do that. [5:25] I'm a combat veteran. [5:26] I've been to war. [5:27] I know how terrible that is, and war should be the last option ever put on the table. [5:34] And not just on the easy wars to oppose, such as this one, but remember, I voted against the Iraq War. [5:41] It was not popular at the time, but the fact of the matter is, it was the right vote. [5:46] And I will stand by my convictions. [5:49] I won't flip-flop. [5:50] I won't change my positions. [5:52] I will stand by my positions, and I will fight and work for the American people. [5:58] And this war is not only causing an increase in gasoline prices, but it's also harming agriculture, [6:06] which means it's hurting everybody from the gas pump to the grocery store. [6:10] We have ag producers who can't get their product to market. [6:14] We can't get fertilizer back to grow our crops. [6:17] This is hurting us across the board. [6:19] And really quick, just to follow up, we've talked about, as it relates to oil and how that affects us here, [6:25] what about the people of Iran living under a repressive regime? [6:29] The people living in Iran right now are part of those noncombatant folks who are being killed by what's going on over there. [6:40] I am opposed to oppressive regimes every place, but what has happened with this administration in Iran is wrong. [6:49] It's an illegal war. [6:51] It needs to be stopped, and I will continue to do everything I can to make sure we stop this war. [6:57] All right, Mr. Jones, same question to you just again. [6:59] What would be a successful outcome to the end of the Iran war? [7:04] Thank you. [7:04] Look, I grew up in a military family. [7:07] My father is a disabled veteran. [7:09] I was his caregiver as a young child. [7:11] I also took care of my grandfather, another veteran. [7:13] My brother enlisted at 19 years old, and I remember clearly on the day of 9-11 because he was deployed that day. [7:20] We can't just say no with our words. [7:25] We have to perform the action. [7:27] And we need people in Congress who will say no to endless wars and actually vote against unlimited military spending. [7:35] It's a clear difference between my opponent and I. [7:37] I will hold the military industrial complex accountable and not vote for more war or more bombs to the Middle East. [7:43] Now, in terms of resolution, we already have two pipelines in development. [7:47] We have the Basra pipeline and the UAE pipeline. [7:49] We cannot rely on the Strait of Hormuz. [7:51] It's a tactical blunder. [7:53] We should be working with the UAE. [7:55] We should be working with our allies in the Middle East to develop alternative pathways and pipelines while we secure peace. [8:01] But it has to be an Arab peacekeeping force. [8:04] We cannot be responsible solely for the Strait of Hormuz. [8:07] It's a total disaster. [8:09] Just a quick follow-up that I asked the congressman. [8:11] What about the people of Iran living under a repressive regime right now? [8:15] My focus is on this district. [8:17] And when I see diesel at $7.99 and 9 tenths, I know it ain't working for our farmers. [8:23] It ain't working for our farm workers. [8:25] It's crushing the low-income people in our community. [8:29] So what we need is an end to this war. [8:31] The goal is to protect Americans, and we should be seeking to always mitigate nuclear risk from Iran. [8:37] But we can do that with tactical strikes every three months, every six months. [8:41] We don't need boots on the ground. [8:43] We need to use our strengths. [8:45] That's intelligence, and that's projecting kinetic force all across the world to accomplish our military objectives. [8:50] All right. Thank you, Mr. Jones. [8:51] This next topic is health care. [8:53] Mr. Jones, we're going to start with you. [8:54] What federal policies would you pursue to bring down the cost of health care and not just expand coverage, [9:00] but also lower what people pay for insurance, prescriptions, and medical care overall? [9:05] Yeah. [9:05] So, look, this is where I really hope to have a great impact in Congress. [9:09] I've spent my career building health care companies in areas of high need, focused on women's health, senior care, and mental health. [9:16] I've worked with each of the last two presidential administrations on improving senior care in rural America, bringing care directly into people's homes. [9:25] And that's what I'm proposing with my plan. [9:27] Medicare expansion to cover vision care, dental care, all forms of in-home nursing care, and importantly, hearing aids, because people are living longer. [9:36] When you turn 65, the average American is living to 85, and hearing loss is a huge issue in our country, and it's going untreated, and it's leading to early-onset dementia. [9:44] So, yes, we can expand health care. [9:46] We can improve health care. [9:48] I'd also say that this country needs free prescription generic drugs. [9:51] It's totally feasible. [9:52] It's totally viable. [9:53] In fact, it only costs about 15 days of war in Iran. [9:58] These are the tradeoffs that we make when we're constantly at war. [10:02] Mr. Jones, just a quick follow-up. [10:03] How specifically do you plan to fund this expansion? [10:06] Well, the great thing about the preventative care measures that I mentioned, nursing care, vision care, dental care, and hearing aids, is they actually pay for themselves. [10:14] We trialed this in California with a program called PACE. [10:17] With double and triple chronics, they were given unlimited nursing care in their home, and they weren't allowed to go to a hospital. [10:22] Lo and behold, they lived longer, they saved us money, and they got to stay with their community. [10:27] They got to see their grandkids grow up, and that's the version of health care that I want to see in our community in the future. [10:32] All right, Mr. Thompson, the same question goes to you. [10:35] What federal policies will you pursue to bring down the cost of health care? [10:38] Again, not just to expand coverage, but also lower what people pay for insurance, medical care, and prescriptions. [10:43] Well, thank you. [10:44] I work a lot on health care. [10:46] I believe everyone should have access to quality, affordable health care. [10:50] It was my legislation that was signed into law that expanded telehealth. [10:54] I am a co-sponsor of single-payer health care. [10:58] I believe that needs to be debated, and we need to move forward with that. [11:02] I have voted for bills that actually lowered the cost of prescription drugs, and I'm on the committee of jurisdiction in regard to health care. [11:11] And in the next Congress, that's the Ways and Means Committee, the most important committee in the Congress. [11:17] And in the next Congress, I will have the gavel. [11:20] I will be the chair of the health subcommittee. [11:23] I find it interesting that my opponent touts his history in health care. [11:27] When the companies that he's talking about were fined hundreds of millions of dollars for inappropriately billing for health care services, for denying health care, he made his hundreds of millions of dollars on the backs of people, in part denied the health care that they need. [11:45] Mr. Thompson, just a quick follow-up. [11:48] You mentioned single-payer health care. [11:49] You've been in Congress since 1999, and this has been proposed numerous times over the last two decades. [11:55] What would make this term any different? [11:57] Well, as I said, I'm going to have the gavel. [11:59] I will chair the committee, and we'll be able to have hearings on this and bring this further. [12:05] I've been the co-author of the bill for Medicare for All for almost 10 years now. [12:13] And I hear from doctors from one end of my district to the other that they're tired of fighting with multiple insurance companies. [12:21] They would prefer to fight with just one entity to get the money that they are owed when they provide health care coverage to someone. [12:31] I respond, given the— [12:32] You've got 30 seconds. [12:33] Thank you. [12:33] These allegations that you heard from my opponent's mouth are completely untrue. [12:40] Factually, he can't even name a single company that he's referring to. [12:44] And I know where these attacks come from because we can see who's paying for them. [12:49] Big insurance, the health care lobby, big pharma, and most importantly, PG&E. [12:56] PG&E just keeps coming back into the story. [12:57] And I want to go back a minute because my opponent did mention that PG&E is a state issue. [13:02] Well, if PG&E is a state issue, why have they given you money every single year of your campaign? [13:07] And why are you the most federally funded politician by PG&E? [13:10] All right. [13:11] Mr. Jones, the question was regarding health care. [13:13] Mr. Thompson, if you want 10 seconds to respond to that, we'll give it to you. [13:16] How about carbon health care? [13:18] They had one in American Canyon. [13:20] They went bankrupt and closed. [13:23] And that's the company that he was involved in and touted. [13:26] They were fined $4.7 million by the state of California for taking advantage and double billing. [13:34] Got it. [13:36] His answers are not the right answers. [13:38] So I would note that that was, that's, I was, I left my prior firm four years ago. [13:44] And Congressman Thompson is representing a piece of data that was just a couple months ago. [13:50] All right. [13:50] We're moving on. [13:51] All right. [13:51] There's a lot of agriculture in your district. [13:53] You're obviously well aware of that. [13:55] Congressman, what will you do at the federal level to help farmers and producers, given [13:59] what's happening right now? [14:00] Well, there's a number of things that we can do. [14:02] It's important to remember that agriculture is the backbone of this district that I represent. [14:07] The new district, it'll be an even bigger backbone. [14:11] We feed the state and we feed the country and we feed the world. [14:15] We need to address the issues that ag faces. [14:18] That's everything from development of water sources to protection of ag land to ensuring [14:25] that these tariffs don't disadvantage. [14:27] We need to make it better and easier for people to go into farming. [14:31] I've just introduced legislation with Congressman James Gallagher, who represents the new part [14:38] of the district. [14:39] And we have provisions in there to provide tax incentives for young farmers to be able to [14:46] take over family farms and continue to build the infrastructure they need to feed the American [14:54] people. [14:55] I'm from agriculture. [14:57] I grow grapes and I grow olives. [15:00] I grew up in agriculture. [15:01] I know the issues and that's why I'm supported by the California Farm Bureau, the Napa Farm Bureau, [15:07] the Sonoma Farm Bureau and farmers throughout this district. [15:10] Thank you very much, Mr. Thompson. [15:11] Same question to you, Mr. Jones. [15:12] What will you do at the federal level to help farmers and producers right now? [15:15] Look, my father was a farmer. [15:17] I grew up on a farm until he became fully disabled. [15:20] Average family farm in our district is only 120 acres. [15:26] These are not mega corporate farms. [15:28] And we have the ability to save a culture, to save a livelihood, to save employment, and [15:32] to save the beautiful farmers markets that we see all throughout our district. [15:36] But we won't do that if we can't stand up to big ag. [15:39] If we can't stand up to the big corporations that are hiving off water interests for their [15:44] own benefit, will our farmers suffer? [15:47] Northern California is in a tough spot between wildfire risk caused by PG&E, between big ag [15:53] buying our water rights, and between the rising costs of gasoline, farmers are struggling. [15:57] My plan calls for sustainable, regenerative agriculture grants. [16:01] That would give $100,000 to every family farm to encourage sustainable practice. [16:07] That would both give them a lifeline to stay in business and help the environment at the [16:11] same time. [16:12] But we have to make sure we're standing up to big corporate interests. [16:16] Sticking with this topic, Mr. Jones, we're going to stick with you. [16:19] As climate pressures and falling demand threaten the wine industry specifically, what action [16:24] should the federal government take to help California's wine growers, if any, and should [16:29] taxpayers help bail them out? [16:31] The first thing we should do is get to the table with the Canadians, our biggest export [16:35] partner, who currently have a ban on California alcohol sales in all but two Canadian provinces. [16:43] That's step one. [16:43] Step two is we need to address the distribution of wine. [16:48] Right now, distributors and wine take about 25% of every dollar. [16:53] That's way out of line. [16:55] And they're able to do that because they are a massive lobbying force. [16:58] These are monopolies. [16:59] These are monopolies that have funded my opponent's campaign, and they're monopolies which are [17:02] starving the wine industry. [17:05] And last, we have to make sure that our grape growers have the same resources available to [17:10] them as all farmers in the United States. [17:13] This is still farming. [17:13] And right now, most Title XI provisions in the Farm Bill do not apply to Napa and Sonoma [17:19] County grape growers. [17:20] They could. [17:21] In fact, the current version of the Farm Bill would enable just that. [17:24] It would bring billions of dollars back. [17:26] And that's why I was endorsed by the California Farm Bureau. [17:29] My opponent voted against that bill. [17:31] He's not here to help farmers. [17:33] Mr. Jones, thank you. [17:34] Mr. Thompson, same question goes to you. [17:36] How can the federal government help wine growers, and should taxpayers help bail them out? [17:40] Well, thank you. [17:40] Again, I am endorsed by the California Farm Bureau, the Napa Farm Bureau, and the Sonoma [17:46] Farm Bureau. [17:47] I've been working in the wine space nonstop and helping the wine industry, the wine community, [17:56] and the greater community that benefits from that. [17:59] Just last week, I was able to get $4 million to fight the glassy wing sharpshooter. [18:05] That's disaster relief that's important to ag, just like the $9 million I got for the peach [18:11] farmers up in Yuba and Sutter and Butte County. [18:15] Disaster funding, which is incredibly important. [18:19] Disaster funding that would be sunsetted under my opponent's proposal to sunset all federal [18:25] programs. [18:26] That's wrong. [18:27] That hurts farmers. [18:29] We need to make sure that our wine industry and every other agricultural community in our [18:35] district and across the country gets the support that they need. [18:39] And I am a strong supporter of ag, and that's why I have the incredible support from agriculture. [18:46] Thank you, Mr. Thompson. [18:46] Let's try to get one more question in here quickly. [18:49] We're going to talk about data centers. [18:50] If a local community wants a data center in your district, but farmers say that it threatens [18:57] water or agricultural land, what side are you on, Congressman? [19:01] I think it's important to make sure that it is, in fact, the community that has a say-so [19:07] in what goes in our communities. [19:09] And the idea that you would regulate that from the federal government, I think, is a problem. [19:14] As you probably know, my opponent at one point had a policy where he wanted the federal government [19:20] to finance data centers. [19:23] I think that's wrong. [19:24] I think it needs to be locally controlled, and I think states need to have a voice in [19:30] this also. [19:31] The federal government cannot override the state nor the federal. [19:36] And data centers, if they are allowed, they need to pay their own way in regard to water [19:42] and electricity, and we need to be particularly guarded that they don't displace critical agricultural [19:49] land. [19:50] That is important. [19:51] And my opponent is heavily financed by the people who finance data centers. [19:57] I don't think the voters want somebody who's financed by the data center builders to try [20:04] and regulate data center policy in Washington or anyplace else. [20:08] Same question to you, Mr. Jones. [20:09] I mean, how would you work this between farmers and folks who want to put in data centers? [20:13] Let me start by saying that our campaign, I take no money from any corporation, no money [20:20] from any special interest group, and I will keep that promise the entirety of my career. [20:24] That's no money from big tech, unlike my opponent who takes money from Amazon, who takes [20:28] money from Meta, who takes money from the AI industry, who takes money from the crypto [20:31] industry. [20:33] This is the core, core difference between these two campaigns. [20:37] I am an independent person. [20:40] I'm here to represent my district. [20:41] And I have no problem saying we should have a ban on data centers in California, that we [20:46] should restrict AI usage for kids under 16 and ban social media for kids under 16 and [20:51] keep it out of schools. [20:52] I have no problem saying that we should be taxing AI today. [20:56] These are trillion dollar corporations, trillion dollars, and not a single member of the establishment [21:02] knows what to do. [21:03] How did we already get here, and who's protecting us? [21:07] How can you expect the people who are taking money from big tech to actually step up and [21:12] protect our communities? [21:13] No, no, no. [21:15] All right. [21:15] We are going to take a... [21:16] I'd like to rebut that, if I could. [21:17] 30 seconds. [21:18] 10 seconds. [21:19] Well, 60% of my contributions come from my district. [21:22] 2% of his contributions come from his district. [21:26] 74% of my contributions are $250 or less. [21:30] His average contribution is $4,000. [21:33] He is funded by the same people who he criticizes, and they're the ones that are paying his freight, [21:41] and that should worry everyone. [21:42] All right. [21:42] Thank you very much. [21:43] We're going to take a quick break. [21:44] When we come back, we'll have final statements from the candidates. [21:47] I want to welcome you back to the KCRA 3 Congressional District 4 debate. [21:56] We are going to ask the candidates a series of yes or no questions in this rapid-fire round. [22:02] Goldston, take it away. [22:02] Yeah, sure. [22:03] Should police be required to get a warrant before using license plate reader data to track somebody, [22:07] Mr. Jones? [22:08] Absolutely, and until we do that, we should ban all usage of flock cameras. [22:12] Okay. [22:12] Yes. [22:14] Mr. Thompson, should local law enforcement be able to help federal immigration agents carry [22:17] out deportations? [22:19] In certain areas. [22:21] Yes or no? [22:22] It's not a yes or no answer. [22:23] All right. [22:23] In certain areas, yes. [22:24] Thank you, Mr. Thompson. [22:25] Mr. Jones, should local law enforcement be able to help federal immigration agents carry [22:29] out deportations? [22:29] With warrants, absolutely. [22:31] All right. [22:31] Mr. Jones, should PG&E be broken up into smaller utilities? [22:35] Without a doubt, and you need someone who can actually pull that off. [22:37] Mr. Thompson? [22:39] Absolutely. [22:41] Mr. Thompson, would you support expanding the number of prescription drugs for which [22:45] Medicare can negotiate? [22:46] Yes, I have. [22:47] I'm the author of a bill to do just that. [22:49] Thank you, Mr. Thompson. [22:50] Mr. Jones, same question goes to you. [22:52] Yes. [22:53] All right. [22:54] Mr. Jones, would you support a national wealth tax? [22:58] Absolutely. [22:59] Yes. [23:01] Mr. Thompson, should there be an age limit on members of Congress? [23:03] I think the voters are pretty smart. [23:06] They can decide when someone's not able to do the job. [23:08] Is that a no, Mr. Thompson? [23:09] Pardon me? [23:10] Is that a no? [23:10] What's the age? [23:11] What's the limit? [23:12] Okay. [23:13] Mr. Jones, should there be an age limit on members of Congress? [23:17] No. [23:18] Do you believe all voters, Mr. Jones, should be required to show a government-issued photo [23:21] ID to vote? [23:23] We should confirm that someone's a citizen when they register to vote. [23:27] I think people who are legally able to vote should be able to vote. [23:30] We shouldn't put anything in place that's going to make it harder for people to vote. [23:34] But should they have a voter ID? [23:36] We should not put anything in place that makes it harder for people to vote. [23:40] Okay. [23:40] So time now for the final statements for the candidates. [23:44] Each of you will have 30 seconds. [23:46] We start with you, Mr. Thompson. [23:47] Thank you very much. [23:48] I was born, grew up, and still live in our district. [23:51] I have the trust of our district, and that's why I'm running for re-election. [23:56] I am battle-tested. [23:57] I am on the Ways and Means Committee where I can get things done, and I will get things [24:02] done. [24:03] And that is very, very important to our district, even more so now with the Democrats getting [24:10] ready to take over the House and us having a new district. [24:13] We need someone who knows what they're doing. [24:16] If my opponent actually was from our district, he'd know a lot of the things that I've done, [24:22] and we wouldn't have heard some of the things we heard today. [24:25] But he's not, he's a rich San Francisco venture capitalist. [24:28] All right. [24:28] Thank you, Mr. Thompson. [24:29] Mr. Jones, your final statement. [24:34] I'm not from here. [24:36] I grew up in a farming town. [24:38] I was a welfare kid in a military family. [24:40] I moved to California when I was 22. [24:41] I'd never seen this state, but I knew it's a place where I could accomplish my dreams, [24:46] and it happened. [24:47] Now I've got a five-year-old and a two-year-old, and I hope that in 20 years when my two-year-old [24:50] daughter is graduating from college, that she can live the American dream like I did. [24:54] Yes, I had to move to Napa. [24:55] I was not gifted a house in St. Helena like my opponent. [25:00] This race is about corruption and corporate money out of politics. [25:04] We need a new generation of leadership. [25:05] All right, we'll leave it at that. [25:06] Thank you, Mr. Jones. [25:07] Mr. Thompson, thank you very much. [25:08] We want to thank both candidates, and thank you for joining us tonight. [25:11] Have a good night. [25:12] Thank you very much. [25:13] Thank you. [25:13] Thank you. [25:13] Thank you. [25:13] Thank you. [25:13] Thank you. [25:13] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you. [25:14] Thank you.