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Background Briefing with Ian Masters

May 27, 2025 - Mike Konczal | Joe Cirincione | Jacob Silverman

Background Briefing with Ian Masters

Ian Masters

News

4.7622 Ratings

🗓️ 27 May 2025

⏱️ 61 minutes

🧾️ Download transcript

Summary

The Cruelest Cuts in Trump's Big Beautiful Bill | Trump's Golden Dome - A Massive Boondoggle and Payoff to Musk and Thiel | As Trump Monetizes His Presidency, Thanks to Crypto, His Family's Net Worth Increased by $2.9 Billion to $ 5.4 Billion backgroundbriefing.org/donate twitter.com/ianmastersmedia bsky.app/profile/ianmastersmedia.bsky.social facebook.com/ianmastersmedia

Transcript

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0:00.0

Hello and welcome to Background Briefing, available 24-7 at Background Briefing.org.

0:17.1

I'm Ian Masters, and today we'll examine a number of stories and issues in the news.

0:21.4

We'll begin with the cruelest cuts in Trump's big, beautiful bill just passed by the House now before the Senate

0:27.8

and assess the impacts of the record cuts in Medicaid and SNAP food stamps.

0:33.6

Joining us is Mike Consul, who is the Director of Policy at the Economic Security Project,

0:38.9

where he focuses on economics, inequality, and the role of public power in a democracy.

0:44.5

He is a co-author with Joseph Stiglitz of rewriting the rules of the American economy.

0:49.8

His latest book is Freedom from the Market, America's Fight to Liberate itself from the grip of

0:55.0

the Invisible Hand. And we'll discuss his article at his substack, The House just passed the biggest

1:00.9

Medicaid cut in history, twice the size of Reagan's cuts. Then we'll look into the golden scam,

1:08.2

otherwise known as Trump's Golden Dome, which is a massive boondoggle

1:12.4

and a payoff to his biggest campaign donor, Elon Musk, as well as J.D. Vance's political patron,

1:18.8

Peter Thiel.

1:20.0

Joining us is Joseph Sorinciani, who is the Vice Chair of the Board of the Center for International

1:24.4

Policy in Washington, D.C., and a national security analyst and

1:28.7

author with over 35 years of experience.

1:32.1

He's the author or editor of seven books, including Nuclear Nightmares, Securing the World

1:37.6

Before It Is Too Late, and Bombscare, the History and Future of Nuclear Weapons.

1:43.0

He previously served as president of the Prouche's Fund, Vice President of National Security, the Center of nuclear weapons. He previously served as President of the Prowshare's Fund,

1:46.0

Vice President of National Security,

1:47.5

the Senate of American Progress,

1:49.1

and Director for Non-Proliferation of the Canadian Doundment for International Peace.

...

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