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

BreakThrough News

BreakThrough News | Thousands to Protest Netanyahu's Congressional Visit in Washington, DC.

BreakThrough News | Thousands to Protest Netanyahu's Congressional Visit in Washington, DC.

This Week In White Supremacy- Presented by 1HoodMedia

This Week In White Supremacy | Political Violence

This Week In White Supremacy | Political Violence

Rising Up With Sonali

Rising Up With Sonali | Kamau Franklin on Republicans Law and Order Trope

Rising Up With Sonali | Kamau Franklin on Republicans Law and Order Trope

The Stephanie Miller Show

The Stephanie Miller Show | JD Vance as Trump’s 2024 Running Mate

The Stephanie Miller Show | JD Vance as Trump’s 2024 Running Mate

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