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Episode 42 – Until Entitlement Programs are on the Table, Nothing Will Change
Manage episode 308832023 series 3021383
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In this episode, I discuss Donald Trump’s speech to Congress on February 28 and his recent budget proposal calling for a $54 billion increase in military spending. He proposes to cut foreign aid and the budgets of other federal agencies, including the EPA, to fund this spending increase. Predictably, though, Social Security and Medicare are completely off the table when it comes to spending cuts. Until those entitlement programs are on the table, nothing will change with this country’s finances. I also discuss Trump’s comments from his speech on Obamacare and trade.
Suggested Readings/Referenced Articles:
“Trump proposes defense spending boost, $54 billion in cuts to ‘most federal agencies'” – CNN
Video: “FULL SPEECH: President Donald Trump Speech to Joint Session Of Congress 2/28/2017 Trump Live Speech” – YouTube
“Does foreign aid always help the poor?” – World Economic Forum
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