One Big Beautiful Podcast

<p>In this episode, Cato Institute's Scott Lincicome and Adam Michel dive deep into the sweeping new legislation—dubbed "The One Big Beautiful Bill"—moving through Congress. They break down what’s at stake as key provisions of the 2017 tax reform are set to expire, unpack the bill’s complex mix of tax cuts, new carve-outs, and industrial subsidies, and examine why temporary tax policy and policy uncertainty could derail economic growth. Plus, they confront the fiscal fiction behind tariffs as a reliable revenue source and make the case for a cleaner, more permanent pro-growth tax system. If you're looking for a sharp, honest take on where tax and trade policy stand in 2025—and where they should go—this one’s for you.</p><br /><p><strong>Show Notes:</strong></p><p>Adam Michel, "<a href="https://www.cato.org/blog/republicans-one-big-beautiful-tax-bill-needs-makeover" rel="noopener noreferrer" target="_blank">Republicans’ One, Big, Beautiful Tax Bill Needs a Makeover</a>" <em>Cato.org</em>, May 14, 2025</p><p>Adam Michel, "<a href="https://www.cato.org/blog/four-things-senate-can-do-improve-house-tax-bill" rel="noopener noreferrer" target="_blank">Four Things the Senate Can Do to Improve the House Tax Bill</a>" <em>Cato.org</em>, May 22, 2025</p><p>Scott Lincicome, "<a href="https://www.cato.org/commentary/republicans-cant-pay-their-tax-cuts-fantasy-revenue-sources" rel="noopener noreferrer" target="_blank">Republicans Can’t Pay for Their Tax Cuts with Fantasy Revenue Sources</a>" <em>The Washington Post, </em>May 27, 2025</p><p>Scott Lincicome, "<a href="https://www.cato.org/commentary/trumps-latest-tariff-idea-dangerously-foolish" rel="noopener noreferrer" target="_blank">Trump’s Latest Tariff Idea Is Dangerously Foolish</a>" <em>The Dispatch</em>, June 19, 2025</p><p>Adam Michel, "<a href="https://www.cato.org/blog/senate-big-beautiful-bill-more-growth-more-subsidies-more-debt" rel="noopener noreferrer" target="_blank">Senate Big Beautiful Bill: More Growth, More Subsidies, More Debt</a>" <em>Cato.org</em>, June 30th, 2025</p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>