Tuesday Nov 21, 2023

Unjerked E2 - National Debt

William Henderson and B. McGraw talk about the US National Debt. Why is it so high, and what do we spend the money on? What are the most realistic ways to reduce the national debt?

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3:03 US spend on healthcare

9:30 treasuries as safe assets

11:49 spending history

12:20 tax history

15:20 stable tax rate across all categories?

15:50 deficit history

17:54 national budget categories (2nd link)

22:40 who owns our debt?

27:30 source of revenue (2nd link)

32:14 social security tax cap

32:58 medicare source of revenue

39:17 drug price negotiations

42:00 CBO DoD reduction (2nd link)

42:40 Defense as % of GDP over time

44:24 Ukraine spending

45:31 Iraq/Afghanistan

46:10 Ukraine aid by category?

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