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Newt's World

Episode 680: Pigs in the Swamp – Earmarks in the $1.2 Trillion Spending Bill

Newt's World

Gingrich 360

News, Politics

4.66.4K Ratings

🗓️ 4 April 2024

⏱️ 42 minutes

🧾️ Download transcript

Summary

Newt discusses the $1.2 trillion spending package signed by President Joe Biden on March 23, 2024. The bill, which will fund the government through October 1st, contains numerous earmarks or pork barrel spending. Newt’s guest, David Ditch, Senior Policy Analyst at The Heritage Foundation, explains the process of funding the federal government and the issues with the current system. Ditch criticizes the increasing reliance on mandatory programs like Social Security and Medicare, which operate on autopilot and consume a growing share of the federal budget. He also criticizes the return of earmarks, which he says are often used to fund left-wing ideologies. Ditch suggests that budget reform is necessary to reduce wasteful spending.

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Transcript

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I'm Celaya Moson and I've covered economic policy for years and reported on how it impacts people across the United States.

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We dig into how money, politics and power shaped government and the consequences for voters.

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The Big Take from Bloomberg News brings you what's shaping the world's economies

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with the smartest and best informed business reporters around the world.

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happening, what it means, and why it matters every afternoon. I'm Sarah Holder.

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I'm Celaya Mosin and And I'm David Gura.

0:54.0

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or wherever you get your podcasts.

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