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Belle of the Ranch

Let's talk about 38 Trillion and Trump’s debt growing faster and faster....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 28 October 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about 38 Trillion and Trump’s debt growing faster and faster....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:05.0

So today, we're going to talk about $38 trillion and Trump's debt growing faster and faster.

0:14.0

We had a question come in, and I'm sure there are more people who didn't catch the videos explaining this when it was happening.

0:22.4

I'll put one of them down below in the description.

0:26.0

So, here's the question.

0:28.6

Miss Bell, this might be a dumb question.

0:31.7

But how is our debt going up faster than ever before, after all of Trump's cuts in the one big beautiful bill,

0:38.7

and while the government is shut down. This is crazy. Okay, if you miss the news driving this,

0:46.8

the U.S. gross national debt hit 37 trillion in August. It now hit 38 trillion in October. It isn't exactly faster than ever before.

0:58.5

There was a period during the pandemic when we picked up a trillion in debt faster. But outside of that,

1:05.5

yeah, it's the fastest ever. So how is that happening? Okay, so the government being shut down generally ends up

1:14.6

costing the government money in the end. But beyond that, it doesn't cut as much in cost as you

1:20.9

might imagine in the short term. But the biggest misunderstanding in the message is the one big

1:27.3

beautiful bill.

1:29.4

Republicans told everybody it cut the deficit.

1:32.9

That was only true on paper.

1:35.3

It didn't. It increased the deficit.

1:38.9

Republicans change the accounting practice to sell it to their base.

1:43.7

Normally, budget packages use a baseline

1:46.8

called current law. That's a strict interpretation of the laws and statutes when calculating

1:52.9

future deficits. So if, hypothetically, the current law had some tax cuts expiring, it would

2:00.4

show increased tax revenue because those tax cuts expiring. It would show increased tax revenue, because those

...

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