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Marc Goldwein from the Committee for a Responsible Federal Budget joins to discuss the “Break Glass Plan”—a proactive strategy for handling future crises without ballooning the national debt. Goldwein explains why waiting until disaster strikes leads to reckless spending and outlines a four-part approach: immediate crisis response, responsible offsets, a spending freeze, and a fiscal commission to target waste. With U.S. debt at historic highs and government shutdown looming, Goldwein argues the time to prepare is now. From pandemic lessons to deficit surtaxes, this episode dives into how smart planning can prevent fiscal chaos and restore long-term stability.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
By Brian HaldaneMarc Goldwein from the Committee for a Responsible Federal Budget joins to discuss the “Break Glass Plan”—a proactive strategy for handling future crises without ballooning the national debt. Goldwein explains why waiting until disaster strikes leads to reckless spending and outlines a four-part approach: immediate crisis response, responsible offsets, a spending freeze, and a fiscal commission to target waste. With U.S. debt at historic highs and government shutdown looming, Goldwein argues the time to prepare is now. From pandemic lessons to deficit surtaxes, this episode dives into how smart planning can prevent fiscal chaos and restore long-term stability.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.