Don't Expect 'DOGE' Cuts to Cover Spending: Kelton

The transcript discusses Trump's policy goals, including tax cuts and regulation reduction, and the challenges of implementing them within a tight timeline. It explores the political strategy of passing a comprehensive bill, compares US budget battles with other countries, and examines financial implications, including the role of the CBO and potential deficit impacts. The discussion also covers Modern Monetary Theory and potential market reactions to policy changes.

What is the significance of the CBO in the context of the discussed policies?

What does MMT suggest regarding government spending and revenue constraints?

What potential risks are associated with the government's spending policies according to the speaker?