This week’s episode of What’s at Stake dives into the details of the "One Big Beautiful Bill Act" and its impact on the national debt and deficits. Marc Goldwein, senior vice president and senior policy director at the Committee for a Responsible Federal Budget, joins hosts Bryan DeAngelis and Ylan Mui to discuss the tax changes, budget gimmicks and long-term fiscal consequences.
Their conversation covered:
- Whether this is really the largest tax cut in history
- Why spending cuts don’t offset the $4 trillion in added debt
- How tariffs, interest rates, and economic growth factor into the administration’s math
- Signals of a potential debt crisis
- If fiscal discipline will ever return to Washington
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