Latest posts by Jesse Hathaway (see all)
- Sanders’ ‘Stop BEZOS Act’ Boosts Government — Not Workers’ Prosperity - November 1, 2018
- There’s No Time Like the Present for Tax Reform 2.0 - September 19, 2018
- Fan Ownership, Not Stadium Welfare, Would Be Best For Sports Fans and Taxpayers - April 24, 2018
In this episode of The Heartland Daily Podcast, managing editor Jesse Hathaway and Mercatus Center senior research fellow Veronique de Rugy pick through the fallout of the two-year $1 trillion budget “deal” between President Barack Obama and Congressional leaders.
Although “bipartisan” might sound like a good thing, de Rugy warns that this budget deal is really a surrender and return to the old ways of out-of-control spending. Spending hikes are offset by $98 billion—with a b, 9 zeros—in savings scheduled to happen in 2025, but de Rugy explains why those offsets are accounting gimmicks obscuring just how bad the “deal” is for American taxpayers.
Although the budget is mostly bad news, de Rugy points out some of the small silver linings in the budget, like enhanced anti-fraud measures and radio spectrum sales, that she says have been long overdue for implementation.