Key topics in today’s conversation include:

• Welcoming Brittany Madni to the Show (0:57)
• Brittany’s Background and EPIC’s Work on Federal Budget Policy (2:12)
• Founders’ Obsession with Public Debt (Jefferson, Washington, Hamilton) (3:23)
• Why Brittany Framed Her Testimony Around the Constitution and the Founders (5:07)
• How the Hearing Went: Partisan Dynamics and Resistance to Spending Talk (7:45)
• Is It Really a Spending Problem? Brittany’s Publix/Credit Card Analogy (13:07)
• Autopilot Spending: 80% of the Budget Not Reviewed Annually by Congress (18:22)
• CBO 10‑Year “Window”: $94.6T in Spending vs. $70T in Revenue (23:20)
• Debt‑to‑GDP Surpassing World War II Levels and What That Means (26:07)
• Exploding Interest Costs and What “Half of Income Taxes to Interest” Means (28:33)
• Losing Fiscal Space to Handle Crises (Wars, Pandemics, Disasters) (31:19)
• Interest Payments Rivaling All Discretionary Spending by Decade’s End (33:01)
• National Debt as National Security and a Threat to Freedom (36:25)
• What a Good Balanced Budget Amendment Must and Must Not Do (43:56)
• Why Brittany Changed Her Mind on a BBA over the Last Decade (47:14)
• Limited Government, Future Generations, and Where to Follow EPIC’s Work (49:52)

Gross Domestic Problem is a podcast from Millennial Debt Foundation focusing on America’s biggest financial crisis. Each episode, we break down how we got here, what happens if we don’t act, and the least painful way forward. There’s no do-nothing solution. Subscribe now at grossdomesticproblem.com and join the conversation.

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In this episode of Gross Domestic Problem, Congressman Blake Moore joins the show to discuss America’s mounting national debt, the challenges it poses to economic stability, and the critical need for fiscal responsibility. Topics include the origins and consequences of the debt crisis, the importance of bipartisan action, the role of tax and spending policy, and the formation of commissions to advise fiscal reform. Key takeaways for viewers are highlighting the urgent necessity for economic growth, reducing government spending, fostering bipartisan cooperation to secure a sustainable financial future for the next generation, and so much more.

Key topics in today’s conversation include:

• Welcoming Congressman and Setting the Context (0:58)
• Congressman Moore’s Motivation for Fiscal Focus (2:27)
• Consequences of Unchecked Debt (3:47)
• Appropriations and Deficit Breakdown (4:45)
• Impact on Younger Generations and Business Environment (5:42)
• Debt’s Inflationary Effects and Recent Economic History (7:04)
• Retirement Demographics and Deficit Growth (8:10)
• Discussion on "Reconciliation Moment" and Bipartisan Opportunities (10:08)
• Defense of Tax Policy, Revenue, and International Impact (13:36)
• Challenges of Workforce and Productivity, Immigration Potential (15:34)
• Task Force Origins and Role (16:05)
• Policy Recommendations, Chain CPI, and Political Challenges (19:13)
• Measuring Success and Key Metrics (25:30)
• Final Thoughts and Takeaways (26:45)

Gross Domestic Problem is a podcast from Millennial Debt Foundation focusing on America’s biggest financial crisis. Each episode, we break down how we got here, what happens if we don’t act, and the least painful way forward. There’s no do-nothing solution. Subscribe now at grossdomesticproblem.com and join the conversation.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of Gross Domestic Problem, Mayor Glenn Jacobs (also known as WWE’s Kane) joins the show to discuss America’s national debt crisis, the impact of federal fiscal policy on local governments, and the challenges of balancing budgets without raising taxes. Glenn shares real-life stories about how property tax increases and inflation affect everyday citizens, explains the dangers of unchecked government spending, and advocates for fiscal responsibility, sound money, and a balanced budget amendment. Drawing on his interest in Austrian economics, he emphasizes the importance of individual freedom and the risks of central planning, leaving listeners with a clear message: responsible economic policy at every level of government is essential to safeguarding the future. Don’t miss this great conversation.

Key topics in today’s conversation include:

• Introduction And Framing The National Debt Crisis (0:38)
• Welcoming Glenn Jacobs and Setting Up The Discussion (1:53)
• Property Taxes, Local Budgets, and Tax Burden On Citizens (3:01)
• Reappraisals, Tax Increases, and Real-Life Impact Stories (5:42)
• Economic Margins, Middle-Class Strain, and Government Responsibility (6:54)
• The National Debt’s Impact On Local Government and Inflation (9:35)
• Interest On The National Debt and Existential Fiscal Threats (12:26)
• Local Leaders’ Challenges: Inflation, Tax Base, and Service Cuts (14:44)
• The Feedback Loop: Inflation, Productivity, and Stagflation Risks (15:58)
• Hyperinflation, Reserve Currency Status, and Global Economic Shifts (17:39)
• Congressional Incentives, “Bringing Home The Bacon,” and Systemic Issues (21:10)
• Policy Solutions: Balanced Budget Amendment and Sound Money (26:00)
• Austrian Economics: Jacobs’ Intellectual Journey and Key Insights (29:10)
• Individual Freedom, Economic Planning, and Human Action (33:20)
• Comparing Political Regimes, Deregulation, and Economic Policy (36:24)
• Closing Reflections, Wrestling Memories, and Farewell (41:34)

Gross Domestic Problem is a podcast from Millennial Debt Foundation focusing on America’s biggest financial crisis. Each episode, we break down how we got here, what happens if we don’t act, and the least painful way forward. There’s no do-nothing solution. Subscribe now at grossdomesticproblem.com and join the conversation.

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.