Richard Chew is joined by Maya MacGuineas, president of the Committee for a Responsible Federal Budget. The discussion explored how federal deficit reduction could improve affordability and why durable fiscal reforms require politically difficult choices.

Here are a few key points from the conversation:
- MacGuineas explained that roughly $2 trillion in annual federal borrowing contributes to lower wages, higher inflation, and higher borrowing costs.
- Reducing deficits could support productivity, economic growth, wages, prices, and interest rates over the long term.
- Economic growth benefits households only when gains are distributed throughout the economy rather than concentrated among higher-income groups.
- Investments in human capital and infrastructure were presented as more growth-oriented than consumption-based spending.
- Unfunded tax cuts, direct checks, excessive spending, poorly designed tariffs, and endless wars were presented as inadequate structural solutions.

Catch "Chew's Views with Richard Chew” weekdays from 6:00 to 8:00 a.m. Central on WCPT (heartlandsignal.com/programs/chews-views).

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