Macro Musings with David Beckworth cover image

Brian Riedl on the Current and Future Outlook for US Public Finance and Budget Reform

Macro Musings with David Beckworth

00:00

The Cost of the Russia-Ukraine War

The U.S. is spending $9 trillion on defense over the next 10 years, about 3.5% of GDP. Brian Riddle: The money we've given Ukraine to fight this war is probably the best $115 billion we could have spent out of the $9 trillion. He says it would have cost us a hell of a lot more if Russia had been able to overtake Ukraine quickly and reconstitute its former Soviet Empire.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app