President Trump's Plan For America's National Debt Crisis

On Friday, President Trump proposed his fiscal year 2026 skinny
budget plan, which calls for spending reductions across the U.S.
government. It proposes reducing non-defense discretionary spending
to combat the national debt crisis. Budget Committee Chairman Jodey
Arrington (R-TX) joins the Rundown to discuss the need to address
the growing national debt and unsustainable deficit
spending. The Congressman outlines key ideas to guide the
reconciliation process, including a top-to-bottom audit, removing
waste, fraud, and abuse, and reforming entitlement programs. Most
Americans are paying digitally these days; that includes credit
cards, tap-to-pay digital wallets, and even cryptocurrency. Cash
payments seem to be going the way of the past, yet a cashless
society isn’t without its consequences, says Boston University
Questrom School of Business Professor Jay Zagorksky. Zagorsky has
studied the various consequences the disappearance of cash will
have on society in his book, “The Power of Cash.” He joins the
podcast to explain why America loves cashless payments, the various
ways using cash benefits each of us, and his case for keeping
physical dollars and coins in circulation. Plus, commentary from
author and Senior Research Fellow at The Heritage Foundation, Simon
Hankinson. Photo Credit: AP Learn more about your ad choices. Visit
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