The Impact of Rising Interest Rates on the US Deficit

Finally back from his escapades in the Midwest, Jonah invites Brian Riedl, a senior fellow at the Manhattan Institute and resident "debts and deficits" wonk, back on The Remnant. They discuss the necessity of raising taxes on the middle class, how much weed it would take to balance the budget, and the extinction of fiscally conservative Republicans. What can be done about the debt? What would happen if the IRS is abolished? Why is Jonah so afraid of monetary policy?

Show Notes:

— Brian's page at the Manhattan Institute

— Brian: The Rich Aren’t Rich Enough to Balance the Federal Budget

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