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Unjerked E2 - National Debt
Manage episode 385028212 series 3523610
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William Henderson and B. McGraw talk about the US National Debt. Why is it so high, and what do we spend the money on? What are the most realistic ways to reduce the national debt?
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9:30 treasuries as safe assets
11:49 spending history
12:20 tax history
15:20 stable tax rate across all categories?
15:50 deficit history
17:54 national budget categories (2nd link)
22:40 who owns our debt?
27:30 source of revenue (2nd link)
32:14 social security tax cap
32:58 medicare source of revenue
39:17 drug price negotiations
42:00 CBO DoD reduction (2nd link)
42:40 Defense as % of GDP over time
44:24 Ukraine spending
45:31 Iraq/Afghanistan
46:10 Ukraine aid by category?
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