May 23, 2025
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4:49Now PlayingTrump’s “big, beautiful bill” is the cruelest and most irresponsible piece of domestic legislation to be seriously proposed in my lifetime.
When you think about this bill, you should think about risk. It would increase our risk of a fiscal crisis by adding a hefty sum to our nation’s debt, at a time when we’re alienating the countries that typically buy our debt. It would slash food stamps and strip health insurance from millions of people, increasing the risk that the safety net won’t be able to catch any of us, at a time when President Trump’s tariffs have increased the risk of a recession.
It’s what I’m calling the Big Budget Bomb. And if it passes, we’ll all be in the blast radius.
Editor’s note: This was recorded on May 21, before the House passed Trump’s domestic policy package.
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