Budget Watchdog All Federal
The podcast dedicated to making sense of the budget, spending, and tax issues facing the nation. We cut through the partisan rhetoric and talking points to bring you the facts about what's being talked about, bandied about, and pushed in Washington. Budget Watchdog All Federal is brought to you by Taxpayers for Common Sense.
Budget Watchdog All Federal
250 Years, 85% of the Debt in 25
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America turns 250, and the fiscal ledger is sobering: $39.3 trillion in national debt — 85% of it accumulated in just the last 25 years. TCS President Steve Ellis and Director of Research & Policy Josh Sewell set aside the holiday Wastebasket they planned to write and instead take a hard look at how the republic arrived here. From the $430 million in daily debt averaged across 250 years, to $8 trillion in interest payments since 2010, to a new $88 billion emergency supplemental that stretches the definition of "emergency," Ellis and Sewell make the case that the nation's fiscal trajectory is a bipartisan problem requiring bipartisan solutions — and that the next 250 years depend on the choices made now.
