The GOP Screamed About Debt—Now They’re Burning $2B a Day
Bulwark Takes
The Bulwark
4.7 • 1.1K Ratings
🗓️ 8 March 2026
⏱️ 14 minutes
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Summary
Tim Miller takes on the hypocrisy behind Washington’s deficit panic. After Elon Musk and Trump allies promised massive spending cuts and warned about “debt slavery,” federal spending kept climbing—and now the Iran war is burning through billions per day.
Transcript
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| 0:00.0 | Hey, everybody, Tim over in the bulwark here. You guys know I like it when I get to flex my |
| 0:04.8 | fiscal conservative muscles. You know, I'm always living out with you guys. And so I like it |
| 0:09.4 | when I get to, you're going to bring out the old green eye shade, Tim. Is that what was called |
| 0:15.3 | blue eye? Whatever, the eye shade, Tim, the one that cares about balancing the budget. |
| 0:20.1 | And I saw this top line number this |
| 0:22.1 | week that's been going around about how much the Iran war is costing us. And the first estimates |
| 0:27.6 | that came out had it at $1 billion a day. This was a congressional official talking to the Atlantic. |
| 0:34.0 | And then the Politico said they had sources that said that Estu |
| 0:39.1 | it was looking more like $2 billion a day. |
| 0:41.1 | When I saw that number, |
| 0:43.4 | this insane spending that we're doing on this war that has no clear purpose |
| 0:49.8 | or no clear explanation, |
| 0:51.2 | no clear rationale, |
| 0:52.6 | and made me think back to our friend Elon Musk. |
| 0:56.8 | When the administration started, we were spending a lot of time right here on this channel. |
| 1:03.2 | Talking about Elon Musk, Elon Doge and his insane ketamine-fueled tweet storms and the real-life impact he was having on the poorest people in the |
| 1:15.9 | world who are dying because of Elon's policies, but also people working in the federal |
| 1:19.9 | government who are losing their jobs, having to sue over their jobs, or not knowing, you know, |
| 1:23.8 | being told they'd just send a memo in that, like, you know, to the new little |
| 1:28.9 | Groyper, white nationalist boss that they had, telling them what they did every day. |
| 1:32.9 | Like, it was insane. |
| 1:34.5 | It was insane. |
... |
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