RealClear Radio Hour – Taxpayers on the Hook

14 Aug

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Ballooning Entitlement Debt

August 13, 2016

Michael Tanner, Cato Institute Senior Fellow and author of Going for Broke: Deficits, Debt, and the Entitlement Crisis, contends U.S. national debt is following the same trajectory as did Greece. Beyond the $18 trillion balance sheet debt, Tanner estimates unfunded future liabilities compound the on-the-books debt by another $70 to $140 trillion—with carrying costs poised to skyrocket when interest rates rise.

Michael Tanner

LISTEN (full-length interview)
DOWNLOAD from iTunes (as aired)
WATCH (on YouTube)

The Beltway Crony Game

August 13, 2016

Romina Boccia, Deputy Director and Grover M. Hermann Research Fellow in Federal Budgetary Affairs at the Heritage Foundation, describes how Washington is driving corporate welfare policy. Boccia details how taxpayers foot the cronyist bill—from direct subsidies, earmarks, and pork barrel spending to hidden regulatory schemes, federal loan guarantees, and “milker” bills that threaten individuals or industries to squeeze campaign contributions.

Romina Boccia

LISTEN (full-length interview)
DOWNLOAD from iTunes (as aired)
WATCH (on YouTube)

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