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So download 11 Reader for free on your favorite app store today. Hello, and welcome back to the David Frum show.

I'm David Frum, a staff writer at the Atlantic.

My guest this week is George Conway, and we will be discussing threats to the rule of law

in the United States and the question of how well the federal courts are coping with the challenges to legality

under the Trump administration.

I'd like to open, however, with thoughts on a slightly different but related subject, and

that is the big budget and tax bill.

I'm not proposing to enter into the specifics of the various tax increases because

tariffs are tax, tax cuts, spending decisions that constitute this bill. Instead, I want to take

a larger look back at what this bill is going to do to the whole future shape of the American

economy. A budget bill is a way to finance the government. But because the federal government is so big and its actions are so important, the decisions

made in how to finance the government end up shaping all the rest of the American economy,

all the rest of American society.

I want to start with a clean piece of paper and think about the questions here that are

raised and the choices that are being made.

Because I think the real message of this bill is not just that it cuts health care benefits for many people, it cuts other kinds of benefits for many, many people.

It's going to raise a lot of revenue by heaping tariffs on the people least well positioned

to afford them, that it will give big tax cuts to many other people, and that despite all this,

all the cuts in spending, all the new tariffs, that the tax cuts are so big that this bill will

...