David Stockman: Trump Is a ‘Faker’ on the Debt
How will we ever get the national debt under control? Just asking questions.
The U.S. national debt stands at a staggering $36 trillion. And while President Donald Trump assures us he’s a “fiscal hawk,” the GOP’s latest fiscal plan, dubbed the One Big Beautiful Bill Act, is a fiscal time bomb, says today’s guest. David Stockman, the director of the Office of Management and Budget under President Ronald Reagan, joins the show to dissect the Trump administration’s budget priorities and explain why tax cuts without spending reductions are a recipe for disaster. With a career spanning decades in Washington, including his role as a key architect of Reagan’s economic policies, Stockman brings unmatched insight into the mechanics of federal budgeting and the political roadblocks to fiscal sanity.
Mentioned in the podcast
The One Big, Beautiful Bill Act
Federal spending data, by the U.S. Treasury
“Preliminary Analysis of the Distributional Effects of the O
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