The Purse and the Sword
Cato Podcast
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Navigating Fiscal Reconciliation
This chapter explores the intricate dynamics of a recent reconciliation package that reshaped government spending by cutting subsidies without raising taxes. The discussions highlight the reconciliation process, the potential for a second package, and the urgent need to address unsustainable fiscal paths, particularly in healthcare and defense spending. Skepticism surrounds the prospect of meaningful legislative change as speakers advocate for broad fiscal responsibility amidst political complexities.
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