The United States is on track to add $19 trillion dollars in new debt over ten years due to rising interest rates and spending bills adding to deficits. Congressman Scott Perry is proposing a solution to this ballooning debt problem. He has introduced H.J. Resolution 19, proposing a balanced budget amendment to the Constitution, requiring that each agency and department’s funding is justified. Newt’s guest is Congressman Scott Perry. He is Chairman of the House Freedom Caucus, a combat Veteran, and has represented the people of the 10th Congressional District of Pennsylvania since 2013.

The United States is on track to add $19 trillion dollars in new debt over ten years due to rising interest rates and spending bills adding to deficits. Congressman Scott Perry is proposing a solution to this ballooning debt problem. He has introduced H.J. Resolution 19, proposing a balanced budget amendment to the Constitution, requiring that each agency and department’s funding is justified. Newt’s guest is Congressman Scott Perry. He is Chairman of the House Freedom Caucus, a combat Veteran, and has represented the people of the 10th Congressional District of Pennsylvania since 2013.

Join former House Speaker, professor, historian, and futurist Newt Gingrich as he shares his lifetime of knowledge and access to the world’s most interesting minds in a new series that covers all aspects of our society. From history to health, national security to science, Newt offers stories, conversations, and context to uncover new perspectives, knowledge and insight. This podcast isn’t about politics; it’s about exploring the past, present, and future to understand where we’ve been and where we’re going. Welcome to Newt’s World, a podcast for independent thinkers.

Newt's World

Episode 523: Balanced Budget Amendment

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5bba2b35-0886-415e-a211-afae0022cae2/transcript

Newt talks with Behnam Ben Taleblu, Senior Director for the Foundation for Defense of Democracies Iran Program. Their conversation provides insights into the evolving conflict between the U.S., Israel, and Iran. They discuss the potential for leadership changes within Iran, questioning whether the current regime's Islamic theocratic structure can withstand external pressures and internal dissent. The role of the Islamic Revolutionary Guard Corps (IRGC) is examined, as well as the strategic importance of maintaining control over the Strait of Hormuz and the potential economic implications for China, given its reliance on Iranian oil. They conclude with a reflection on the strategic depth and resilience of the IRGC, emphasizing the need for sustained pressure to achieve meaningful change in Iran.

Newt talks with Behnam Ben Taleblu, Senior Director for the Foundation for Defense of Democracies Iran Program. Their conversation provides insights into the evolving conflict between the U.S., Israel, and Iran. They discuss the potential for leadership changes within Iran, questioning whether the current regime's Islamic theocratic structure can withstand external pressures and internal dissent. The role of the Islamic Revolutionary Guard Corps (IRGC) is examined, as well as the strategic importance of maintaining control over the Strait of Hormuz and the potential economic implications for China, given its reliance on Iranian oil. They conclude with a reflection on the strategic depth and resilience of the IRGC, emphasizing the need for sustained pressure to achieve meaningful change in Iran.

Episode: 953 Iran

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/119892fe-06e7-4f8b-bb9e-b4070059e2c6/transcript

Newt talks with Dr. Nicholas Eberstadt, the Henry Wendt Chair in Political Economy at the American Enterprise Institute. They discuss the phenomenon of workforce dropouts, particularly among prime-age men in the United States, who are neither working nor seeking employment, a trend that has persisted since the mid-1960s. Their conversation also touches on the societal shifts contributing to these trends, including changes in family dynamics and the rise of technology. Dr. Eberstadt emphasizes the importance of work as a means of self-fulfillment and societal contribution. Known for his extensive work on demographic trends and economic issues, Dr. Eberstadt discusses his latest book, "America's Human Arithmetic," which examines the American condition through a series of essays written over the past 30 years.

Newt talks with Dr. Nicholas Eberstadt, the Henry Wendt Chair in Political Economy at the American Enterprise Institute. They discuss the phenomenon of workforce dropouts, particularly among prime-age men in the United States, who are neither working nor seeking employment, a trend that has persisted since the mid-1960s. Their conversation also touches on the societal shifts contributing to these trends, including changes in family dynamics and the rise of technology. Dr. Eberstadt emphasizes the importance of work as a means of self-fulfillment and societal contribution. Known for his extensive work on demographic trends and economic issues, Dr. Eberstadt discusses his latest book, "America's Human Arithmetic," which examines the American condition through a series of essays written over the past 30 years.

Episode 952: Men Without Work

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/57680fd0-48ad-4e47-930c-b406003d54dd/transcript

Newt talks with Scott Hodge, a tax and fiscal policy fellow at Arnold Ventures. They discuss the U.S. federal deficit and potential revenue sources. Hodge highlights the alarming trajectory of U.S. government spending, which exceeds tax revenues, leading to increasing debt and interest payments that could soon surpass combined defense and domestic program budgets. He proposes expanding the corporate tax base to include large nonprofit organizations that generate significant untaxed income, such as hospitals, credit unions, and universities, which collectively earn $2.8 trillion. This measure could generate approximately $51 billion annually without harming the economy.

Newt talks with Scott Hodge, a tax and fiscal policy fellow at Arnold Ventures. They discuss the U.S. federal deficit and potential revenue sources. Hodge highlights the alarming trajectory of U.S. government spending, which exceeds tax revenues, leading to increasing debt and interest payments that could soon surpass combined defense and domestic program budgets. He proposes expanding the corporate tax base to include large nonprofit organizations that generate significant untaxed income, such as hospitals, credit unions, and universities, which collectively earn $2.8 trillion. This measure could generate approximately $51 billion annually without harming the economy.

Episode 951: Targeting a $2.8 Trillion “Nonprofit” Tax Shelter

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/671b499f-0cd1-4096-ad6e-b4040159dfc1/transcript

Episode 523: Balanced Budget Amendment

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