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What’s in the $7 Trillion Budget — and Why Should You Care? With Shalanda Young
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Shalanda Young — former Director of the Office of Management and Budget — oversaw a $7 trillion federal budget that touched nearly every part of American life. In this episode, she joins The People’s Cabinet to break down what a federal budget really is, why raising the debt ceiling isn’t the same thing, and how upcoming budget fights could reshape the future of our economy.
We cover:
•Where $7 trillion actually goes — and what’s really driving the deficit
•The difference between passing a budget and raising the debt ceiling
•What’s at stake in the upcoming negotiations — and for whom
•How political standoffs put everything from Social Security to national defense at risk
•Why budget fights are about values, not just numbers
If you’ve ever wondered how Washington really spends your tax dollars — this episode makes it real.
Chapters
1. What’s in the $7 Trillion Budget — and Why Should You Care? With Shalanda Young (00:00:00)
2. What is the Appropriations Committee? (00:03:56)
3. Debt ceiling and deficits (00:06:30)
4. The budget process (00:15:14)
5. What is reconciliation? (00:19:05)
6. Mandatory vs. discretionary spending (00:22:25)
7. Continuing resolutions, government shutdowns, and the debt ceiling (00:22:58)
8. DOGE (00:36:01)
9. The alternative vision (00:43:10)
18 episodes
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