Trump Digs the Deficit Hole $2.4 Trillion Deeper to Punish the Poor and Reward the Richest
We begin with the Congressional Budget Office’s nonpartisan analysis that Trump’s Big Beautiful Bill will add $2.4 trillion to annual budget deficits over the next decade, while throwing 10.9 million Americans off healthcare and food stamps, punishing the poorest among us to reward the richest with tax cuts they don’t need. Joining us is Robert Hockett, the Edward Cornell Professor of Law and Finance and a Professor of Public Policy at Cornell University, who has first-hand experience working at the International Monetary Fund and the Federal Reserve Bank of New York, and continues to consult for a number of U.S. federal, state and local legislators and regulators. He drafted Rep. Alexandria Ocasio-Cortez’s “Green New Deal” resolution for the House of Representatives and officially advises her on economic policy. His latest books are Money from Nothing Or, Why We Should Stop Worrying About Debt and Learn to Love the Federal Reserve; Financing the Green New Deal: A Plan of Action and Renewal; The Citizens’ Ledger: Digitizing Our Money, Democratizing Our Finance; and most recently, Spread the Fed: Distributed Central Banking for Productive Monetary Policy.
Trump Sells Out Ukraine Again in His Call Today With Putin
Then we look into Trump’s hour and 15 minute call with Putin today, in which again he sided with the Russian dictator, saying Putin will have to respond to Ukraine’s attack on bomber bases while adding that he and Putin also “exchanged views on the prospects for restoring cooperation between the countries, which has enormous potential.” Joining us is Dr. Oleh Kotsyuba, the Director of Print and Digital publications at the Harvard Ukrainian Research Institute, where he oversees a lively publications program that includes scholarly monographs and translations of Ukrainian literature, as well as Harvard Ukrainian Studies, the Institute’s peer-reviewed journal. He is also the director of the Ukrainica database project and the chief online editor of Krytyka, the leading Ukrainian journal of intellectual inquiry.
Trump Pressures Iran to Sign or Get Bombed, Making a War That Will Not Be a Cakewalk More Likely
Then finally we speak with Mohsen Milani, the Executive Director of the World Center for Strategic & Diplomatic Studies and Professor of Politics at the University of South Florida. Professor Milani has served as a fellow at Harvard, Oxford, and Foscari University in Italy and is the author of The Making of Iran’s Islamic Revolution. His latest book is Iran’s Rise and Rivalry with the US in the Middle East. We discuss his article at Foreign Policy, “Iran Isn’t as Weak as It Seems: If nuclear talks fail, a war with Iran could follow — but it wouldn’t be a cakewalk.”