In this timely episode, TCS President Steve Ellis and Director of Research Josh Sewell dive deep into the complexities of budget reconciliation as Congress grapples with competing strategies in early 2025. They explore the stark differences between the House's "one big beautiful bill" approach and the Senate's two-bill strategy, breaking down how reconciliation works, its limitations under the Byrd Rule, and the massive fiscal implications of proposed spending increases and tax cut extensions. The conversation highlights the cognitive dissonance between simultaneous pushes for defense spending cuts and increases while examining how the process could add trillions to America's already staggering $36 trillion national debt.

A just-in-time CR extending current funding levels until March 14, 2025, narrowly averted a government shutdown. So what's in it? Steve Ellis and Josh Sewell take you inside the deal, including $100 billion in disaster relief, $10 billion in economic aid for farmers, and a one-year extension of the farm bill. Get the details on the grab bag of other stuff left on the cutting room floor.

Get the reality check on America's daunting fiscal challenges and why both parties must face hard truths about spending, taxes, and debt. TCS President Steve Ellis and Director of Research Josh Sewell dissect the bold claims of the new Department of Government Efficiency (DOGE) initiative led by Elon Musk and Vivek Ramaswamy. While fresh eyes on Washington's spending problems are welcome, can Silicon Valley-style disruption work in the federal budget? Find out why eliminating "unauthorized" programs and firing federal workers won't come close to the promised savings and why ignoring entitlements like Social Security and Medicare is a recipe for fiscal disaster.