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7min chapter
Can DOGE cut $2 trillion?
Today, Explained
Rethinking Federal Budget Cuts
This chapter explores the potential implications of federal budget cuts, focusing on the significant federal aid to state and local governments. The speakers propose a phased reduction strategy, emphasizing state fiscal resilience and the potential benefits of decentralizing federal programs. Additionally, the chapter examines the political ramifications of inflation and the urgent need for legislative reform as midterm elections approach.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode