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PODCAST | Navigating America's Fiscal Challenges
In this episode of Main Street Matters, Elaine Parker speaks with Rep. Rich McCormick about the pressing fiscal challenges facing the United States, including the unsustainable national debt, the spending problem, and the implications for social security and Medicare.
They discuss the importance of addressing waste, fraud, and abuse in government spending, the significance of the Tax Cuts and Jobs Act for small businesses, and the overall sentiment among small business owners.
The conversation also touches on trade, tariffs, and the competitive landscape in the global economy.
#fiscalchallenges #debtcrisis #spending #socialsecurity #medicare #wastefraudabuse #taxcuts #smallbusiness #trade #tariffs #economy
Chapters
00:00 Introduction to Fiscal Challenges
02:49 Understanding the Debt Crisis
05:58 The Spending Problem Explained
09:10 Addressing Social Security and Medicare
12:08 The Role of Waste, Fraud, and Abuse
14:46 Tax Cuts and Jobs Act Concerns
18:01 Small Business Sentiment and Economic Outlook
21:01 Trade, Tariffs, and Global Competition
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