Challenges with Federal Spending Process

The podcast highlights the challenges with the federal spending process, emphasizing the lack of adherence to regular budget processes. Over the past 40 years, Congress has only followed the budget process a few times. While programs like Social Security, Medicare, and Medicaid were initially authorized through traditional processes, they have since grown on autopilot. Discretionary spending, which Congress is supposed to approve annually, often sees delays and mixes various items together, hindering efficient budget allocation.