Episode Details

Everyday life feels unaffordable for millions, as soaring costs at the grocery store, gas pump, and bills hit home. Experts and lawmakers agree that while supply, demand, and interest rates matter, the real game-changer is whether compound interest is working for you—or stacking up debt against you. The Problem Solvers Caucus and the Cato Institute surprisingly align on key fixes: slashing the deficit, speeding up energy projects, and loosening housing rules to build more homes. Both support smarter immigration and economic growth—but Cato pushes back on subsidies and tax credits, favoring supply-side solutions in healthcare and food. With the national debt nearing $40 trillion, government spending is fueling higher interest rates, choking home, car, and business loans. Lawmakers are now eyeing a fiscal commission to tackle the debt, knowing it’ll mean tough choices: tax hikes and spending cuts.

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