Steven Rattner

speaker

344 appearances 8 recordings 1 series first heard Sep 2024 last heard 16 Apr

Steven Rattner’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 4 in all, peaking in Dec 2025 with 2.

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So this has not gotten a lot of attention, obviously, with the war going on.

But the president, a little while ago, put out his budget plan for fiscal year twenty seven, which begins October 1st of this fall.

And you all remember project twenty five twenty twenty five.

This is kind of a little bit of a reincarnation of that.

This would be the most dramatic resweeping of the federal government since certainly the New Deal and who knows when beyond that.

Now, I also want to emphasize this was prepared before the war in Iran started.

So this is not about the war.

This is about the president's other priorities.

So let's start with the red.

Red is bad, obviously.

He's cutting stuff.

He's cutting virtually every single domestic

agency in the country, and even states foreign aid programs get slashed.

Labor goes down by 25%, Labor Department rather.

And what this would do when you adjust for inflation, it would bring spending in these departments down to extraordinarily low level.

So, for example, the Labor Department would go down to levels of spending it hasn't had since 1976, inflation adjusted.

The Agriculture Department, which administers food stamps, down to 1976.

Others back into the 1980s or the 1998 and years like that.

And meanwhile, down here, what's going on?

You're having this massive 44 percent increase in the size of the defense budget.

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