Trump's budget bill and ballooning deficits
On Point | Podcast
WBUR
4.2 • 3.5K Ratings
🗓️ 20 June 2025
⏱️ 51 minutes
🧾️ Download transcript
Summary
The Congressional Budget Office estimates the current budget bill will add $3 trillion to the federal deficit over the next decade.
On Point wraps up a weeklong exploration of what Trump's budget bill tells us about government spending and our financial future.
Transcript
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| 0:00.0 | Exclusively on Disney Plus. |
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| 0:23.1 | New season streaming June 26th exclusively on Disney Plus. |
| 0:27.3 | 18 plus subscription required, season C's apply. |
| 0:30.2 | Support for this podcast comes from Is Business Broken? |
| 0:33.5 | A podcast from B.U. Questrum School of Business. |
| 0:36.6 | What is short-termism? Is it a buzzword or something that |
| 0:40.2 | really impacts businesses in the economy? Stick around until the end of this podcast for a preview of a |
| 0:46.5 | recent episode. WBUR Podcasts, Boston. This is On Point. I'm Magna Chakrabardi. |
| 1:00.0 | We've been spending the week looking into several major parts of the one big, beautiful bill act, |
| 1:06.0 | the budget reconciliation bill that contains some historic changes that will have an impact on virtually |
| 1:11.9 | all Americans. |
| 1:13.5 | On Monday of this week, we talked about health care and the $880 billion Medicaid cut over |
| 1:19.8 | 10 years that the House has proposed. |
| 1:22.3 | Just after that show, the Senate released its proposal, which would make even deeper cuts |
| 1:27.2 | to Medicaid. The bill also |
| 1:29.4 | seeks to do things like shorten the enrollment window and lower subsidies for people who receive |
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