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Breaking Battlegrounds

Breaking Battlegrounds

Adam Michel, Ludovic Hood, Gary Marx & Gary Gygi on $200T DSA, Iran, Ukraine & the Fed

Sep 4, 2026 · 1h 17m

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About this episode

This week on Breaking Battlegrounds, Chuck Warren and Sam Stone cover the potential cost of the Democratic Socialists of America’s agenda, pressure on Iran, Russia’s war in Ukraine, the Federal Reserve, and a major breaking development in the Lindsay Clancy case. Adam Michel, Director of Tax Policy Studies at the Cato Institute, breaks down his analysis of the DSA platform and why he estimates its largest proposals could require roughly $70 trillion to $200 trillion in additional federal spending over ten years. Michel explains why taxing wealthy Americans alone would fall far short, while also discussing a federal jobs guarantee, Social Security, declining birth rates, immigration, and…