Tom Bilyeu's Impact Theory The REAL Reason Behind The Government Shutdown w/ Congressman Ro Khanna
49 snips
Oct 21, 2025 
Joining the discussion is Ro Khanna, a U.S. Congressman from Silicon Valley known for his advocacy of 'economic patriotism'. He delves into the real reasons behind the government shutdown, highlighting issues like congressional dysfunction and funding gaps. Ro proposes a bold plan to reduce the deficit by $12 trillion through targeted taxes and spending cuts. The pair explore whether wealth should be taxed, the implications for healthcare and education spending, and the need for transparency in funding social programs.
AI Snips
Chapters
Transcript
Episode notes
Shutdown Is About ACA Premiums
- The government shutdown centers on ACA premium extensions versus Republican opposition, not only budget theatrics.
- Khanna warns failure to extend credits could double premiums for 24 million Americans, causing hardship.
A Ten-Year $12T Deficit Plan
- Khanna presents a $12 trillion, 10-year deficit reduction plan combining tax increases and spending cuts.
- He pairs wealth/corporate taxes and cuts to Pentagon, fossil-fuel subsidies, and Medicare Advantage to fund social programs.
Spend Only On Productive Deficit Investments
- Prioritize productive deficit spending that yields higher returns than its cost.
- Invest in health and education only when the spending demonstrably produces measurable returns.