Podcasts about responsible federal budget

In this weekend's episode, three segments from this past week's Washington Journal. First, Marc Goldwein of the Committee for a Responsible Federal Budget discusses his organization's recent analysis of the Republican tax cuts and spending cuts bill. Then, a discussion with McCain Institute's Evelyn Farkas about the latest in efforts to forge a ceasefire between Russia and Ukraine -- and the future of U.S. involvement. Finally, Former FEMA Chief of Staff Michael Coen discusses FEMA's readiness as the 2025 hurricane season kicks off. Learn more about your ad choices. Visit megaphone.fm/adchoices

United Airlines CEO Scott Kirby discusses the future of flights out of Newark, the time horizon for supersonic air travel, and regulatory scrutiny on his industry. CNBC's Phil Lebeau has the details on United's new collaboration with JetBlue, aimed to add value for frequent flyers of each respective airline. Committee for a Responsible Federal Budget president Maya MacGuineas issues a warning on government spending. The reconciliation bill making its way through Congress doesn't restrict spending enough, according to the CRFB. Plus, Nvidia lost billions in the Chinese market last quarter, Elon Musk has hinted at a pullback from his DOGE role, and President Trump is pushing back against the “Trump Always Chickens Out” trade on Wall Street. Megan Cassella - 06:03Phil LeBeau - 22:13Scott Kirby - 24:39Maya MacGuineas - 45:17 In this episode:Megan Cassella, @mmcassellaPhil LeBeau, @LebeaucarnewsJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

The tax and spending bill passed by House Republicans last week is the sort of bill that does so many different things that even budget experts could be forgiven for not realizing just how many different parts of the economy it will change. In the realm of workers' comp, the bill would eliminate taxes on overtime pay and tips. In terms of families, it would create new $1,000 savings accounts for children and give parents an extra $500 per year per child, in the form of an expanded child tax credit. In the realm of health and the culture wars, it would ban the use of Medicaid funds for gender-affirming care and cut funding for Planned Parenthood. In the realm of climate, it would claw back half a trillion dollars of investments in wind, solar, geothermal, batteries, nuclear power, clean hydrogen, and electric vehicle purchases. In the realm of defense, it would increase spending by over $100 billion on shipbuilding, air and missile defense, immigration enforcement, and border security. But judging strictly by the sheer dollar amount of the provision, this bill is really about three big things. Number one, it extends a multitrillion-dollar tax cut on corporate and individual income. Number two, it reduces federal spending on two major government programs by a combined $1 trillion: Medicaid, the government health-care program for those with low income, and SNAP, or federal spending on food stamps. And number three, because of the mismatch I just told you about, between the tax cuts and the spending cuts, it will increase the national debt by several trillion dollars over the next 10 years. Today, we have two guests. First, the University of Chicago economist Eric Zwick joins to talk about the corporate tax cut. And second, to understand how to think about the debt picture, I talk to Maya MacGuineas, president of the Committee for a Responsible Federal Budget.If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guests: Eric Zwick and Maya MacGuineas Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

We take a dive into the Big Beautiful Bill. What's in it? How would it impact our debt and deficit? Maya MacGuineas, President of the Committee for a Responsible Federal Budget, joins Tommy

House Republicans are moving quickly to get a massive tax-and-spending package across the finish line before week's end even as they negotiate with party factions over outstanding concerns. Some Republicans are demanding deeper cuts to social programs like Medicaid to curb deficits as part of the deal and to reduce the package's cost to extend the 2017 tax overhaul. And yet the bill increases the debt limit by $4 trillion and adds billions in spending. Cut out of the process, Democrats oppose the proposal, and even some Republicans have objected to its size and scope. Regardless of where lawmakers fall on the political spectrum, they all seem to agree on one data source: What the Committee for a Responsible Federal Budget has to say about the package and what it will do to the national deficit, which now stands at over $36 trillion. On this episode of Talking Tax, Bloomberg Tax reporter Chris Cioffi talks with Maya MacGuineas, longtime president of the nonprofit public policy group, and digs into why the growing debt can be problematic for future economic growth. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

(AURN News) — President Donald Trump's fiscal policies are under renewed scrutiny after Moody's downgraded the U.S. credit rating from Aaa to Aa1, citing the nation's rising debt, widening deficits and mounting interest costs. While Moody's did not name Trump in its downgrade announcement, the agency pointed to long-term trends that have intensified under his administration. Federal spending has increased sharply, and Trump has called for extending the 2017 Tax Cuts and Jobs Act — moves that analysts say are worsening the country's fiscal outlook. “Over more than a decade, US federal debt has risen sharply due to continuous fiscal deficits. During that time, federal spending has increased while tax cuts have reduced government revenues,” Moody's said in a statement. The agency projected that without changes to taxation or spending, the government's budget flexibility will remain limited. It expects mandatory spending — including interest payments — to rise from 73% of total federal outlays in 2024 to 78% by 2035. Moody's also warned that extending the 2017 tax law would add about $4 trillion to the federal primary deficit over the next decade. Deficits are projected to reach nearly 9% of GDP by 2035 — up from 6.4% this year — with debt rising to 134% of GDP, up from 98% in 2024. According to CBS News, federal spending under Trump is now higher on a day-to-day basis than in nine of the past 10 years. In the first 100 days of his presidency, spending was $200 billion higher than during the same period the year before. The Committee for a Responsible Federal Budget, a nonpartisan watchdog group, called the downgrade a warning sign that policymakers are heading in the wrong direction. “Can you hear that? It's the sound of not one, not two, but all three major credit rating agencies now saying the same thing: the US fiscal situation is unsustainable,” said Maya MacGuineas, the group's president. “At the very least, we should not be considering adding more than $3 trillion to the debt — or $5.2 trillion if temporary provisions are made permanent — after we were just told our credit worthiness is inferior to what it was,” she added.Trump has touted cost-cutting efforts through the Department of Government Efficiency, but so far, overall federal expenditures have continued to grow. Learn more about your ad choices. Visit megaphone.fm/adchoices

Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://2ly.link/26yH8 The U.S. government plans to borrow $86 trillion over the next decade—an unsustainable trajectory that could redefine America's global standing. In this urgent conversation, Jay Martin sits down with Maya MacGuineas, President of the Committee for a Responsible Federal Budget, to expose the fiscal recklessness at the heart of Washington. They break down exploding interest payments, the illusion of tax cuts paying for themselves, the politics preventing real reform, and the looming crises in Social Security and Medicare. Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://cambridgehouse.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international 0:00 - Intro 1:02 - Understanding the Role of the Committee for a Responsible Federal Budget 5:01 - Rising Public Awareness of the Debt Crisis 9:08 - Can Government Efficiency Solve the Problem? 19:21 - The Real Impact of Tax Cuts on Growth 23:42 - Opportunities for Defense Spending Reform 24:58 - The Reality of Cutting Medicaid 31:14 - Fixing Social Security Before Insolvency Hits 40:01 - Inflation, Austerity, or Default: What Comes First? 42:19 - Could a Productivity Boom Save Us? 45:16 - The Decline of U.S. Fiscal Dominance on the Global Stage 52:05 - Treasuries, China, and the Fragile Financial Order Copyright © 2025 Cambridge House International Inc. All rights reserved.

There's a big tax bill moving through Congress. We take a look at it with Maya MacGuineas from the Committee for a Responsible Federal Budget. Do either Republicans or Democrats really care about the debt and deficit?

This week on Facing the Future, Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget, guides us through the tax cut bill rolled out by House Ways and Means Committee Republicans. We'll discuss how big it is, whether it's good tax policy and will it be paid for?

This week on Facing the Future, Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget, guides us through the tax cut bill rolled out by House Ways and Means Committee Republicans. We'll discuss how big it is, whether it's good tax policy and will it be paid for?

Dave, TJ & Brad McElhinny discuss the governor's first 100 days in office. Chris Towner, of the Committee for a Responsible Federal Budget, warns congress could add significantly to the national debt. Hoppy Kercheval and Joe Brocato also stop by. 

This episode is presented by Create A Video – Ben Tomchik is the Vice President and Deputy Chief of Staff for the Committee for a Responsible Federal Budget joins me to break down the reckless and irresponsible spending plan being pushed through on Capitol Hill. Subscribe to the podcast at: https://ThePetePod.com/ All the links to Pete's Prep are free: https://patreon.com/petekalinershow Media Bias Check: If you choose to subscribe, get 15% off here! Advertising and Booking inquiries: Pete@ThePeteKalinerShow.com Get exclusive content here!: https://thepetekalinershow.com/See omnystudio.com/listener for privacy information.

Is getting our federal fiscal house in order an unattainable dream or a new-found reality? On this week's “Leaders and Legends” podcast, our conversation is with Mike Murphy, chief of staff for bi-partisan "Committee for a Responsible Federal Budget” (one of the Committee's co-chairs is our own Mitch Daniels). We discuss the importance of finally attacking our runaway spending so future generations can prosper.About Veteran Strategies‘Leaders and Legends' is brought to you by Veteran Strategies—your local veteran business enterprise specializing in media relations, crisis communications, public outreach, and digital photography. Learn more at www.veteranstrategies.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Hosts: Erin Rider and Leah Murray  How does the federal budget look under the House GOP’s proposal? It’s the one President Trump appears to like more, so what’s in it? Mike Murphy, Senior Vice President at the Committee for a Responsible Federal Budget joins Inside Sources in the studio to share his expert analysis of the budget proposals and whether Congress has a chance to actually balance the budget. 

Hosts: Erin Rider and Leah Murray  Fallout grows over Pres. Trump’s comments on Ukraine  GOP Senators, foreign policy experts, and world leaders are all coming out against President Trump for his recent comments saying Ukraine is responsible for the Russian invasion of their country. Utah's Senators are also weighing in on those claims, with Senator Curtis saying he supports Ukraine, but doesn’t want to second guess the President. The Inside Sources hosts give their analysis on the situation today.    The effects of federal layoffs here in Utah  One of President Trump's campaign promises was to reduce the size of the federal government. It's a big reason DOGE was created. Layoffs of federal employees are already underway -- probationary employees have already been let go. And more layoffs are coming. The hosts talk about the potential effects here in Utah and the importance of compassion in this discussion.    Updates to the multi-state lawsuit over disability protections  For our listeners who've been following the multi-state lawsuit regarding Section 504 of the Rehabilitation Act -- which protects people with disabilities -- there are new updates on the case. Last week, Utah Attorney General Derek Brown spoke with Inside Sources about the lawsuit and what it hopes to achieve. He joins us again to address a solution to one specific concern.     The state of Utah’s budget  One of the first action items in the state's legislative session is figuring out the budget -- how much money will there be available to spend on all the legislation lawmakers hope to pass? Appropriations committees have wrapped up now and the state's budget... isn't looking as positive as in previous years. Can lawmakers get their desired tax cuts with the state of the budget? Leah and Erin discuss.    Analysis of the federal government budget proposals  How does the federal budget look under the House GOP’s proposal? It’s the one President Trump appears to like more, so what’s in it? Mike Murphy, Senior Vice President at the Committee for a Responsible Federal Budget joins Inside Sources in the studio to share his expert analysis of the budget proposals and whether Congress has a chance to actually balance the budget.    The 1st Amendment, freedom of the press, and President Trump  Recently, the Trump Administration barred the Associated Press (AP) from covering the Oval Office. It comes because of how the news organization refers to the Gulf of America: call it Gulf of Mexico while also mentioning that President Trump has decided to call it the Gulf of America. It's brought up some thoughts on how President Trump works with the press, how far the 1st amendment goes, and when a President can sue for libel.   

February 19, 2025 ~ Maya MacGuineas, president of the Committee for a Responsible Federal Budget, joins Chris Renwick, Lloyd, and Jamie to discuss that despite wanting to lower taxes, the Republicans are having a hard time choosing what to cut while preparing to adopt a plan that puts a $4.3 trillion limit on the size of the tax cut.

Hosts: Erin Rider and Guest Host Jason Perry  As President Trump has taken office and began working on his agenda, one question has been brought up several times, especially by very conservative members of the Republican Party: how will these decisions affect the national debt? Mike Murphy, Senior Vice President at the Committee for a Responsible Federal Budget joined the program before the inauguration; he joins us again to update his predictions. 

Hosts: Erin Rider and Guest Host Jason Perry  Pres. Trump addresses the nation following deadly plane crash  It's the most talked-about story today -- the deadly crash in the skies between a regional passenger jet and a military helicopter, resulting in the deaths of more than 60 people. President Trump addressed the nation earlier and confirmed what many had been dreading... that there were no survivors. Inside Sources begins with a discussion on this important national story.   Gabbard, Patel face Senate confirmation hearings  Senate confirmation hearings continued on Capitol Hill today as Senators grill President Trump's nominees about their pasts. Today, Tulsi Gabbard spoke to the Senate Intelligence Committee as part of the process to become the director of national intelligence. Kash Patel, Trump’s pick for FBI director, also faced difficult questions from the Senate Judiciary Committee. The Inside Sources hosts share their big takeaways from the hearings.    On the Hill 2025: Legislation addressing drug pricing  A large PAC is campaigning against a bill currently being discussed on Utah’s Capitol Hill. The bill, SB69: Medication Amendments, is being sponsored by State Senator Evan Vickers. His legislation addresses the 340B drug program, which several large national groups do not like. State Representative Steve Eliason is an expert on the program and knows the bill well; he joins the show to explain.    On the Hill 2025: Legislation proposing Election Day become a state holiday  Our special coverage of Utah's Legislative Session continues with a look at a bill that would designate Election Day as a state holiday. The idea has been floated around the country for years now, and some states actually do have Election Day set aside as a state holiday. Utah is not one of those states, but State Representative Ryan Wilcox hopes to change that. He joins Inside Sources to discuss the motivations behind the bill.    Pres. Trump proposes sending criminal illegal immigrants to Guantanamo Bay  Guantanamo Bay is back in the news today, as President Trump directs the Pentagon and Department of Homeland Security to house criminals set to be deported from the United States. It's part of his plans to crack down on illegal immigration and secure the southern border. Inside Sources host Erin Rider and guest host Jason Perry share their insights into this plan.    Projecting the rise – or possible fall – of the federal deficit under Pres. Trump  As President Trump has taken office and began working on his agenda, one question has been brought up several times, especially by very conservative members of the Republican Party: how will these decisions affect the national debt? Mike Murphy, Senior Vice President at the Committee for a Responsible Federal Budget joined the program before the inauguration; he joins us again to update his predictions.    Pentagon agency pauses celebrations for ‘diversity’ holidays  Federal agencies have been directed to end Diversity, Equity, and Inclusion (DEI) programs. Now, we're getting a better idea and look at how these programs will be discontinued. The Defense Department's intelligence agency recently sent out a memo saying it's pausing observances of diversity-related holidays. Inside Sources looks into the relationship between this move and President Trump’s agenda.    Air taxis moving towards the future in Utah  The future is coming into reality here in Utah, as the plan to launch air taxis moves forward. A new bill in the state legislature makes several propositions to advance air mobility. Inside Sources finishes with a discussion on the future of transportation.   

This episode looks at whether you qualify or not for the $200 billion Social Security benefits approved by the U.S. Congress. Host David McKnight shares that, with the current status quo, the Social Security Trust Fund is on pace to go bust by 2033. If that were to happen, only about 83% of benefits would be paid out…  If signed into law by President Joe Biden, the Social Security Fairness Act would provide an additional $200 billion in Social Security benefits to nearly 2.8 million Americans over the next 10 years. The Social Security Fairness Act would eliminate two policies that have reduced benefits for public service employees: the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). The people most likely to be affected by the elimination of these two provisions are about 28% of state and local government employees who are covered by alternative retirement systems and permanent civilian federal employees hired prior to January 1, 1984. U.S. Senators Sherrod Brown (Ohio) and Susan Collins (Maine), co-sponsors of the Social Security Fairness Act, believe that the WEP and GPO have historically penalized people for choosing to serve their communities by dramatically reducing Social Security benefits.  While David believes that Americans should get their due when it comes to their Social Security benefits, he wonders whether this is something that America can really afford… According to the Nonpartisan Committee for a Responsible Federal Budget, the passage of the bill in question will accelerate the insolvency of the Social Security Trust Fund by six months. David sees the Social Security Fairness Act and its repercussions on Americans as “yet another unfunded obligation on the balance sheet of the Federal Government.”     Mentioned in this episode: David's national bestselling book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com Congressional Budget Office President Joe Biden U.S. Congress U.S. Senate Senator Sherrod Brown (Ohio) Senator Susan Collins (Maine) CBS News Committee for a Responsible Federal Budget

The episode explores whether the proposed Department of Government Efficiency (DOGE) will move the needle when it comes to the U.S. debt crisis. Some people see DOGE as the bold move America needs to solve its looming debt crisis. Elon Musk believes that DOGE can rip out at least $2 trillion out of the $6.5 trillion Biden-Harris budget – however, David McKnight disagrees. David gives a breakdown of the federal budget, including the so-called non-discretionary spending. Former U.S. Comptroller General David Walker shares his thoughts on what he sees as the potential impact of DOGE on the federal deficit. David explains that, unless actions are taken right away, Social Security, Medicare, and Medicaid will eventually bankrupt America. Moreover, the more time passes with the Federal Government failing to dramatically scale back such programs, the more onerous and draconian the fix will be on the back end. Does David see DOGE as being able to move the needle on solving the national debt crisis? “Probably not,” he says.     Mentioned in this episode: David's upcoming book: The Guru Gap: How America's Financial Gurus Are Leading You Astray, and How to Get Back on Track David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com DOGE Donald Trump Elon Musk Vivek Ramaswamy David M. Walker Committee for a Responsible Federal Budget

On Thursday, November 21st, the Economic Club of Minnesota welcomed Maya MacGuineas, President of The Committee for a Responsible Federal Budget in a discussion with Chris Farrell, Marketplace Senior Economics Contributor at American Public Media. The audience was treated to an insightful and entertaining discussion.   Maya talked about how the burning issues like Medicare and Social Security reforms are crucial to getting the fiscal house in order in the U.S.  Maya's assertion is that voters do not connect to the big issues on a visceral level, therefore, the can is getting kicked down the road. Chris Farrell and audience members alike asked wonderful questions. It's worth watching or listening to the podcast version of this great conversation. 

Hosts: Rusty Cannon and Adam Gardiner  With a new presidential administration coming in, there are a lot of questions about what could happen with the nation’s debt. Mike Murphy, Senior Vice President, Committee for a Responsible Federal Budget, joins the show to discuss what the new administration needs to do about the debt and what Americans should expect in the new year. 

Hosts: Rusty Cannon and Adam Gardiner  Israel ceasefire update: Where do we stand after Day One?  Israel and Hezbollah were able to agree on a cease fire yesterday. After one day, it’s still intact. Adam Gardiner and Rusty Cannon give an update on the terms of the deal and how this will impact the rest of region. They also discuss what role the US will play moving forward.    Filibuster flip-flop  Senate Democrats are preparing to be the minority as Donald Trump's administration gets ready to take office. They're ready to fight and block anything that Republicans and the president-elect try to set up, including the 60-vote threshold many have been eager to get rid of. Adam Gardiner and Rusty Cannon break down some of the strategies and a little bit of the hypocrisy behind it.    What’s going to happen with the US debt?  With a new presidential administration coming in, there are a lot of questions about what could happen with the nation’s debt. Mike Murphy, Senior Vice President, Committee for a Responsible Federal Budget, joins the show to discuss what the new administration needs to do about the debt and what Americans should expect in the new year.    Cabinet full of “losers”  With all of the rhetoric of being "the best" or "the most American", Donald Trump's decisions for who he wants in his cabinet is a list full of "losers" or people who have lost in previous elections. But this isn't a new trend. We've seen plenty of political candidates including future presidents fail before they were ever in office. From House campaigns all the way up to the White House itself, politics is full of "losers". Adam Gardiner and Rusty Cannon take a look at the relationship between race losers and cabinet nominees.    3 House races still not called  Three of the races in the House still haven’t been called and two of them have flipped three weeks after Election Day. Adam Gardiner and Rusty Cannon break down these races and take a look at how it relates to the overall election results within the House.    Trump rollback on student debt forgiveness  As Donald Trump prepares to take office, one of his first items of business is resolving the student loan forgiveness issue promised by President Biden. Now millions of Americans are stuck in uncertainty as they wait to see if their loans will be forgiven, or if they'll have to pay them themselves. The decision is going to be made in Congress but how long will they wait to decide? Adam Gardiner and Rusty Cannon break down the steps that need to be made for Trump to stop this plan, and how Congress’ decision will play into each step.    Elon Musk bashes Pentagon saying drones are better than F-35s  Elon Musk took to X to voice his opinions on the F-35 program. He thinks that drones would be a better alternative than using fighter jets. Former Utah Congressman, Rob Bishop joins Adam Gardiner and Rusty Cannon to discuss his opinion on Musk’s take and whether drones should replace the F-35 fighter jet.    What are you listening to?  With the holiday season coming up you might have some extra time on your hands, Adam Gardiner and Rusty Cannon discuss books that they’re reading and give some good reads for listeners while they commute for the holidays.  

Trump's Trials is now Trump's Terms. Each episode, host Scott Detrow curates NPR coverage of the incoming Trump administration. This episode: what would it mean to cut trillions of dollars from the federal budget — and is it even possible? NPR's Michel Martin speaks to Maya MacGuineas, president of the Committee for a Responsible Federal Budget, a think tank that supports cutting federal spending and lowering the national debt.Support NPR and hear every episode sponsor-free with NPR+. Sign up at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

This week, Fox News Rundown host spoke with former Indiana Governor Mitch Daniels about President-elect Trump's Department of Government Efficiency, or DOGE, a cost-cutting advisory panel led by tech billionaire Elon Musk and former pharmaceutical executive and presidential candidate Vivek Ramaswamy.   Daniel has plenty of experience implementing and studying government budgets, having worked in the Reagan White House, as President George W. Bush's White House budget director, and as president of Purdue University.   He's also been co-chair of the non-profit Committee for a Responsible Federal Budget for the last ten years.   Daniels discussed the waste he witnessed while in government and some costly departments and services that could be cut from the government – without little impact on the American people.   He also discussed the political challenges of making political reforms to popular programs, but why not addressing America's growing national deficit could have serious economic and security implications.   We often must cut interviews short during the week, but you might like to hear the full interview.   Today on Fox News Rundown Extra, we will share our entire interview with former Indiana Governor Mitchell Daniels and learn more about government waste and how he thinks DOGE can tackle it.  Photo Credit: AP Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Fox News Rundown host spoke with former Indiana Governor Mitch Daniels about President-elect Trump's Department of Government Efficiency, or DOGE, a cost-cutting advisory panel led by tech billionaire Elon Musk and former pharmaceutical executive and presidential candidate Vivek Ramaswamy.   Daniel has plenty of experience implementing and studying government budgets, having worked in the Reagan White House, as President George W. Bush's White House budget director, and as president of Purdue University.   He's also been co-chair of the non-profit Committee for a Responsible Federal Budget for the last ten years.   Daniels discussed the waste he witnessed while in government and some costly departments and services that could be cut from the government – without little impact on the American people.   He also discussed the political challenges of making political reforms to popular programs, but why not addressing America's growing national deficit could have serious economic and security implications.   We often must cut interviews short during the week, but you might like to hear the full interview.   Today on Fox News Rundown Extra, we will share our entire interview with former Indiana Governor Mitchell Daniels and learn more about government waste and how he thinks DOGE can tackle it.  Photo Credit: AP Learn more about your ad choices. Visit megaphone.fm/adchoices

This week, Fox News Rundown host spoke with former Indiana Governor Mitch Daniels about President-elect Trump's Department of Government Efficiency, or DOGE, a cost-cutting advisory panel led by tech billionaire Elon Musk and former pharmaceutical executive and presidential candidate Vivek Ramaswamy.   Daniel has plenty of experience implementing and studying government budgets, having worked in the Reagan White House, as President George W. Bush's White House budget director, and as president of Purdue University.   He's also been co-chair of the non-profit Committee for a Responsible Federal Budget for the last ten years.   Daniels discussed the waste he witnessed while in government and some costly departments and services that could be cut from the government – without little impact on the American people.   He also discussed the political challenges of making political reforms to popular programs, but why not addressing America's growing national deficit could have serious economic and security implications.   We often must cut interviews short during the week, but you might like to hear the full interview.   Today on Fox News Rundown Extra, we will share our entire interview with former Indiana Governor Mitchell Daniels and learn more about government waste and how he thinks DOGE can tackle it.  Photo Credit: AP Learn more about your ad choices. Visit megaphone.fm/adchoices

President-Elect Trump visited the White House Wednesday to meet with President Biden in a two-hour meeting discussing the transition of power and policy issues. Throughout the day the President-Elect shared more cabinet picks including Florida Congressman Matt Gaetz for Attorney General, former Hawaii Congresswoman Tulsi Gabbard for Director of National Intelligence, and Florida Senator Marco Rubio for Secretary of State. On Capitol Hill, with a newly minted Senate majority, Republicans selected South Dakota Senator John Thune as the new Majority Leader. FOX News Contributor and former White House Press Secretary for George W. Bush, Ari Fleischer, joins the Rundown to discuss the latest cabinet selections, what signal they send to the status quo in Washington D.C., and what the Senate will look like with Majority Leader Thune in charge. On Tuesday evening, President-elect Donald Trump appointed tech billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy to head a new initiative called the Department of Government Efficiency, or "DOGE." The goal of this department is to reduce government waste and regulation. Mitch Daniels, co-chair of the Committee For a Responsible Federal Budget, will discuss areas where the government is misallocating funds, the national debt, and what this department might entail. Plus, commentary from FOX News Legal Analyst Gregg Jarrett. Learn more about your ad choices. Visit megaphone.fm/adchoices

President-Elect Trump visited the White House Wednesday to meet with President Biden in a two-hour meeting discussing the transition of power and policy issues. Throughout the day the President-Elect shared more cabinet picks including Florida Congressman Matt Gaetz for Attorney General, former Hawaii Congresswoman Tulsi Gabbard for Director of National Intelligence, and Florida Senator Marco Rubio for Secretary of State. On Capitol Hill, with a newly minted Senate majority, Republicans selected South Dakota Senator John Thune as the new Majority Leader. FOX News Contributor and former White House Press Secretary for George W. Bush, Ari Fleischer, joins the Rundown to discuss the latest cabinet selections, what signal they send to the status quo in Washington D.C., and what the Senate will look like with Majority Leader Thune in charge. On Tuesday evening, President-elect Donald Trump appointed tech billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy to head a new initiative called the Department of Government Efficiency, or "DOGE." The goal of this department is to reduce government waste and regulation. Mitch Daniels, co-chair of the Committee For a Responsible Federal Budget, will discuss areas where the government is misallocating funds, the national debt, and what this department might entail. Plus, commentary from FOX News Legal Analyst Gregg Jarrett. Learn more about your ad choices. Visit megaphone.fm/adchoices

President-Elect Trump visited the White House Wednesday to meet with President Biden in a two-hour meeting discussing the transition of power and policy issues. Throughout the day the President-Elect shared more cabinet picks including Florida Congressman Matt Gaetz for Attorney General, former Hawaii Congresswoman Tulsi Gabbard for Director of National Intelligence, and Florida Senator Marco Rubio for Secretary of State. On Capitol Hill, with a newly minted Senate majority, Republicans selected South Dakota Senator John Thune as the new Majority Leader. FOX News Contributor and former White House Press Secretary for George W. Bush, Ari Fleischer, joins the Rundown to discuss the latest cabinet selections, what signal they send to the status quo in Washington D.C., and what the Senate will look like with Majority Leader Thune in charge. On Tuesday evening, President-elect Donald Trump appointed tech billionaire Elon Musk and former Republican presidential candidate Vivek Ramaswamy to head a new initiative called the Department of Government Efficiency, or "DOGE." The goal of this department is to reduce government waste and regulation. Mitch Daniels, co-chair of the Committee For a Responsible Federal Budget, will discuss areas where the government is misallocating funds, the national debt, and what this department might entail. Plus, commentary from FOX News Legal Analyst Gregg Jarrett. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on Facing the Future, we'll get a briefing from Marc Goldwein, Senior Vice President of the Committee for a Responsible Federal Budget, on the potential fiscal impact of the Harris and Trump campaign proposals. Concord Coalition Chief Economist Steve Robinson joins the conversation.

The Social Security program is quickly approaching the point of insolvency. According to a new analysis by the Committee for a Responsible Federal Budget, within the next nine years—if nothing changes—the average retired couple will see their benefits reduced by $16,500. At the same time, inflation over the next nine years will likely make goods and services significantly more expensive. Join host Roman Balmakov on this week's episode of “Facts Matter.”

Social Security has thus far been self-sustaining—payroll taxes go into this big fund, which then pays out monthly checks. But the problem we have now is the money coming into that fund is not keeping up with the money going out. The election hasn't been great for people concerned about the government's finances. The Committee for a Responsible Federal Budget estimates that Donald Trump's election proposals will speed up the rundown in the Social Security fund by a few years. So, when Social Security runs out of money as it's projected to do ... could we just borrow more money? And if so, what would that mean for the already rising government's debt?Today on the show, how worried should we be about Social Security and the federal debt? We explain a fresh indicator to assess whether or not America's getting too far in the red.Related Episodes: What does the next era of Social Security look like?Iceberg ahead for Social Security For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

A Donald Trump presidency could be worse for the federal budget than a Harris presidency, according to a new report from the Committee For a Responsible Federal Budget. Either way the election goes, CNBC's Eamon Javers says the deficit will grow. CNBC's Steve Liesman considers why neither politicians nor the broader public seem to care about America's soaring debt, and shares his concerns about the deficit's economic impact. A week out from election day, Axios co-founder Mike Allen says the MAGA-World is confident. While the election seems like a coin flip, it could end up a landslide for either candidate. Plus, Trump Media shares surged and Washington Post owner Jeff Bezos published an op-ed defending the newspaper's decision against endorsing a presidential candidate this election cycle. Mike Allen - 30:35 In this episode:Mike Allen, @mikeallenEamon Javers, @EamonJaversSteve Liesman, @steveliesmanBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

If Donald Trump is allowed to move forward with his plan for the economy, nonpartisan budget watchdog group “The Committee for a Responsible Federal Budget” says it would push Social Security to insolvency three years earlier than expected and would cut benefits by nearly a third.  Between Trump's plans for mass deportations, tariffs and tax cuts, the Social Security program's trust fund would dry up by 2031  unless Congress refunds it. While Social Security is in trouble, Trump's plan would hasten its demise.We'll run it past Pulitzer Prize winning author and investigative journalist David Cay Johnston.The Mark Thompson Show 10/22/24Patreon subscribers are the backbone of the show! If you'd like to help, here's our Patreon Link:https://www.patreon.com/themarkthompsonshowMaybe you're more into PayPal.  https://www.paypal.com/donate/?hosted_button_id=PVBS3R7KJXV24And you'll find everything on our website: https://www.themarkthompsonshow.com#DavidCayJohnston #Trump #TrumpEconomy #TrumpSocialSecurity #SocialSecurity #PresidentialElection #PresidentialPolitics #Election2024 #Politics #Political #PoliticalAnalysis #InvestigativeJournalist #Technology #Tuesday #JeffersonGraham

First, we dig into a new analysis of the cost of the candidates' tax and spending plans with Marc Goldwein (gold-wine) from the Committee for a Responsible Federal Budget. Then, Pew Research Center's Mark Hugo Lopez discusses the role and political influence of Latino voters in this year's elections. Plus, we speak to documentary filmmaker Robin Barnwell about his recent PBS Frontline film examining the Israel-Hamas war, one year later. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Towner, Committee for a Responsible Federal Budget's Policy Director. Deficit Nears $2 Trillion Amid Rising Interest and Little Action

The U.S. annual deficit is nearing $2 trillion for this fiscal year, almost double the record deficits before the COVID-19 pandemic, as federal borrowing hit more than $5 billion per day. The U.S. Congressional Budget Office reported that the federal deficit hit an estimated $1.8 trillion in fiscal year 2024, $139 billion higher than the deficit from the previous fiscal year. The troubling deficit news comes as the national debt continues to soar, drawing closer to $36 trillion. “Within the next dozen years, three major trust funds – for highways, Medicare, and Social Security – will run out of reserves, forcing us to reckon with even tougher decisions on how to keep important government priorities afloat,” Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said in a statement.

As Election Day grows closer, economic-minded voters wanna know: How much do Harris and Trump plan on adding to the national debt? The Committee for a Responsible Federal Budget reviewed the campaign promises of both candidates and predicted a spending range for each. In this episode, will Trump or Harris dig a deeper debt hole — and why should voters care? Plus, thousands in North Carolina are still without power, and why a mining company is paying billions for a lithium firm when the metal’s prices are down.

As Election Day grows closer, economic-minded voters wanna know: How much do Harris and Trump plan on adding to the national debt? The Committee for a Responsible Federal Budget reviewed the campaign promises of both candidates and predicted a spending range for each. In this episode, will Trump or Harris dig a deeper debt hole — and why should voters care? Plus, thousands in North Carolina are still without power, and why a mining company is paying billions for a lithium firm when the metal’s prices are down.

As Election Day grows closer, economic-minded voters wanna know: How much do Harris and Trump plan on adding to the national debt? The Committee for a Responsible Federal Budget reviewed the campaign promises of both candidates and predicted a spending range for each. In this episode, will Trump or Harris dig a deeper debt hole — and why should voters care? Plus, thousands in North Carolina are still without power, and why a mining company is paying billions for a lithium firm when the metal’s prices are down.

The nonpartisan Committee for a Responsible Federal Budget released a new study this morning, looking at how the Harris and Trump campaigns' spending plans would affect the national debt. Both estimates are pretty dire. We’ll hear the latest. Plus, the global private equity market was worth $579 billion in 2000; today, it's worth over $8 trillion. But is there trouble ahead for private equity?

The nonpartisan Committee for a Responsible Federal Budget released a new study this morning, looking at how the Harris and Trump campaigns' spending plans would affect the national debt. Both estimates are pretty dire. We’ll hear the latest. Plus, the global private equity market was worth $579 billion in 2000; today, it's worth over $8 trillion. But is there trouble ahead for private equity?

Under either Presidential candidates' economic plans the federal debt will soar, but Fmr. Pres. Trump's plan could cost twice as much as Vice Pres. Harris's, according to a new report by the Committee for a Responsible Federal Budget. Retired Goldman Sachs Partner Abby Joseph Cohen discusses the state of the economy and the election's impact on the markets. Next, on the one-year anniversary of the Hamas attacks against Israel, Anti-Defamation League CEO Jonathan Greenblatt talks about the rise in antisemitism in the past year and how to honor the lives lost. Plus, Starboard Value has taken a roughly $1 billion stake in Pfizer and Trump returned to Butler, Pa. this weekend for a rally after the assassination attempt this summer at that same location. Megan Cassella - 16:31Abby Joseph Cohen - 21:13Jonathan Greenblatt - 34:42 In this episode:Megan Cassella, @mmcassellaJonathan Greenblatt, @JGreenblattADLBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie

Beyond Talking Points: An American Middle Podcast. Host Abby McCloskey talks with Maya MacGuineas, President of the Committee for a Responsible Federal Budget about campaign promises from both parties, what they will cost, and what can be done about deficit spending and our growing debt. Learn more about your ad choices. Visit podcastchoices.com/adchoices

In today's episode of the C4 and Brian Neiman podcast, we dive deep into the highly anticipated debate between Vice President Kamala Harris and former President Donald Trump. The debate, held in Philadelphia, showcased a range of fiery exchanges and strategic moves. Join us as we dissect who won, who lost, and what the key takeaways are for the upcoming election. Our special guests include Patrick Gonzalez from Gonzalez Research Media Services and Maya McGuineas from the Committee for a Responsible Federal Budget, who will provide insights into the debate's impact on voters and fiscal policies. C4 and Bryan Nehman live every weekday from 5:30-10:00 a.m. ET on WBAL News Radio 1090, FM101.5, and the WBAL Radio App. 

Today we'll chat with Carl Tannenbaum, chief economist for Northern Trust. In his role, Carl prepares the bank's official economic outlook and participates in forecast surveys. He is a member of Northern Trust's investment policy committee, its capital committee, and its asset/liability management committee. Prior to joining Northern Trust, Carl spent four years leading the Federal Reserve's risk section. He was deeply involved in the central bank's response to the 2008 financial crisis. Carl began his career in banking at LaSalle Bank/ABN AMRO, serving for more than 20 years as the organization's chief economist and head of balance sheet management. Carl holds an MBA and a BA in finance and economics from the University of Chicago.BackgroundBioEconomic Outlook, Inflation, and Tariffs“The Final Descent,” by Carl Tannenbaum, Ryan James Boyle, and Vaibhav Tandon, Northerntrust.com, July 16, 2024.“Trust the Process,” by Carl Tannenbaum, Ryan James Boyle, and Vaibhav Tandon, Northerntrust.com, June 13, 2024.“The Value of Economic Data,” by Carl Tannenbaum, Northerntrust.com, July 19, 2024.“The Truth About Tariffs,” by Carl Tannenbaum, Northerntrust.com, July 3, 2024.“A New Round of Tariffs,” by Carl Tannenbaum, Northerntrust.com, May 24, 2024.“Inflation Has a Perception Problem,” by Carl Tannenbaum, Northerntrust.com, June 21, 2024.“Aftershocks,” The View From Here With Carl Tannenbaum, Northerntrust.com, March 11, 2024.The Fed and National DebtThe Fed's FunctionsFederal Reserve Bank of Chicago's Spotlight on Childcare and the Labor Market“Debt Matters,” The View From Here With Carl Tannenbaum, Northerntrust.com, Jan. 9, 2024.Real Estate, Banking, and AI“Out of Office,” The View From Here With Carl Tannenbaum, Northerntrust.com, April 1, 2024.“Banking: Back in the News,” by Carl Tannenbaum, Northerntrust.com, Feb. 16, 2024.“Shedding Light on Private Credit,” by Carl Tannenbaum, Northerntrust.com, May 17, 2024.“Empowering AI,” The View From Here With Carl Tannenbaum, Northerntrust.com, July 24, 2024.“Automation and Anxiety,” by Carl Tannenbaum, Northerntrust.com, July 12, 2024.“Augmented Intelligence,” The View From Here With Carl Tannenbaum, Northerntrust.com, June 27, 2023.Other“Last Mile: What It Means in Reaching Customers,” by Adam Hayes, Investopedia.com, Sept. 11, 2023.Committee for a Responsible Federal Budget

Today's video is part three of David's interview with Dave Hall. They discuss whether Trump will extend the tax cuts if re-elected.  David cites a recent report from the Committee for a Responsible Federal Budget that says that if they extend the tax cuts, the government will have to borrow $5 trillion to pay for those tax cuts.  David explains why he doesn't see another tax cut happening without a commensurate reduction in spending.  David tackles people's assumptions that tax cuts can stimulate enough economic growth to be able to pay for themselves. Dave and David agree that more people are starting to come to terms with the fact that taxes will go up in the future.  David explains why individual investors need to be realistic about the types of tax rates they're likely to pay down the road.  David shares his thoughts on whether the Inflation Reduction Act was successful in bringing inflation down and cutting government spending.  Why you need to take advantage of historically low tax rates today and protect your retirement before tax rates go up for good.  David covers the benefits of taking advantage of historically low tax rates while they're still around and why you need to get your savings systematically repositioned to tax-free. Dave talks about doubling taxes and how they could easily ruin retirements that would have otherwise worked out well. Politicians are in the business of getting re-elected. That is their number one job. You may think their number one job is to represent you, but their number one job is to get re-elected.     Mentioned in this episode: David's books: Power of Zero, Look Before You LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com DavidMcKnightBooks.com PowerOfZero.com (free 3-part video series) @mcknightandco on Twitter  @davidcmcknight on Instagram David McKnight on YouTube Get David's Tax-free Tool Kit at taxfreetoolkit.com