2023-05-24 18:17:43

Jeffrey Sachs: Bipartisan Support of War, from Iraq to Ukraine, Is Helping Fuel U.S. Debt Crisis

The United States faces a default on its debt in early June if a deal on the debt ceiling is not reached between the Biden administration and Republicans in Congress before then. House Speaker Kevin McCarthy is pushing for sweeping budget cuts and new work requirements for recipients of government programs, including Social Security, Medicare, Medicaid and SNAP. Notably, however, neither Republicans nor Democrats are proposing cuts to one of the biggest drivers of the nation’s debt: the massive U.S. military budget. “We’ve got to get this military-industrial lobby under control, but it’s hard to do, because it’s a bipartisan affair,” says our guest, economist Jeffrey Sachs, whose recent article is headlined “America’s Wars and the US Debt Crisis.”

Democracy Now! produces a daily, global, independent news hour hosted by award-winning journalists Amy Goodman and Juan González. Our reporting includes breaking daily news headlines and in-depth interviews with people on the front lines of the world’s most pressing issues. 

On DN!, you’ll hear a diversity of voices speaking for themselves, providing a unique and sometimes provocative perspective on global events.

Missed an episode?  Check out DN on FSTV VOD anytime or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling, and online at freespeech.org.

 

#demcracynow Biden Administration House Speaker Kevin McCarthy Medicaid Medicare Social Security U.S. military budget

Politics

The David Pakman Show

The David Pakman Show | Tommy Tuberville Stumbles on IVF Decision

The David Pakman Show | Tommy Tuberville Stumbles on IVF Decision

Democracy Now!

Democracy Now! | Children in are Dying of Malnutrition and U.S. Only Calls for a Six-Week Cease-Fire

Democracy Now! | Children in are Dying of Malnutrition and U.S. Only Calls for a Six-Week Cease-Fire

The Stephanie Miller Show

The Stephanie Miller Show | Don't Underestimate Women This Election Year

The Stephanie Miller Show | Don't Underestimate Women This Election Year

Democracy Now!

Democracy Now! | The Call for a Cease-Fire Results in the Tragic Loss of an Active-Duty Member.

Democracy Now! | The Call for a Cease-Fire Results in the Tragic Loss of an Active-Duty Member.

Related

The Stephanie Miller Show

The Stephanie Miller Show | House Speaker Mike Johnson's Dangerous Beliefs

The Stephanie Miller Show | House Speaker Mike Johnson's Dangerous Beliefs

The Rick Smith Show

The Rick Smith Show | Jim Jordan Loses Third House Speaker Vote

The Rick Smith Show | Jim Jordan Loses Third House Speaker Vote

The Stephanie Miller Show

The Stephanie Miller Show | House Madness, Terrifying Wars, and Possible More Trouble For Trump

The Stephanie Miller Show | House Madness, Terrifying Wars, and Possible More Trouble For Trump

The Thom Hartmann Program

The Thom Hartmann Program | The House of Chaos

The Thom Hartmann Program | The House of Chaos

Proud Partners