

Defense & Aerospace Report Podcast [Washington Roundtable May 23, ’25]
10 snips May 23, 2025
Dov Zakheim, a former Pentagon comptroller with ties to the Center for Strategic and International Studies, joins Michael Herson, a prominent figure at American Defense International, and Dr. Patrick Cronin, Asia Pacific Security Chair at the Hudson Institute. They discuss the potential impacts of a newly passed reconciliation package that worries bond markets. The talk also covers President Trump’s ambitious Golden Dome missile defense initiative, challenges in U.S.-Iran relations, and North Korea’s recent naval setbacks amidst global tensions over nuclear deterrence.
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Reconciliation Package Risks Debt Growth
- The reconciliation package passed by the House increases US debt without clear plans to reduce it.
- It faces opposition in the Senate due to fiscal concerns and spectrum auction issues impacting defense.
Laffer Curve Shapes Fiscal Optimism
- The Trump administration believes tax cuts and tariffs could eliminate deficits based on the Laffer curve theory.
- This optimistic economic view remains controversial among economists and policymakers.
Golden Dome Defense Faces Challenges
- The Golden Dome missile defense program costs $170 billion but lacks clarity in funding and timeline.
- Critics warn it faces major hurdles in technology, pilot shortages, and spectrum allocation.