The One Big Beautiful Bill Act is now law. It's expected to cost the government a pretty penny. The Congressional Budget Office predicts a $3.4 trillion increase in the deficit over ten years. This is driven by significant tax cuts, including extensions of those made in 2017.
Trump's advisors argue the tax cuts will pay for themselves. Today on the show, we speak with the guru on that school of thought, Arthur Laffer, and dig into some of those claims with a tax economist.
Related episodes:
The simple math of the big bill (Apple / Spotify)
What's going to happen to the Trump tax cuts? (Apple / Spotify)
So, how's this No Tax On Tips thing gonna go? (Apple / Spotify)
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What Next | Daily News and Analysis - Is Trump Running the Fugitive Slave Act Playbook?
A federal force—often defying local governance—coming to take people away without due process has happened before. What lessons can be drawn from parallels between a law that led to the Civil War and what’s happening today with Trump’s hardline immigration enforcement?
Guest: Jamelle Bouie, columnist at the New York Times
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Podcast production by Ethan Oberman, Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, and Rob Gunther.
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The Allusionist - 212. Four Letter Words: Park
Get in, winner: we're going on a field trip. We're spending the day in five of Vancouver's city parks with Justin McElroy, Municipal Affairs Reporter for the CBC and ranker of Vancouver's 243 parks at VancouverParkGuide.ca. Together we ponder: what IS a park? You think you know, then along comes a slab of concrete called a park to test your taxonomy.
Visit theallusionist.org/park for photos of the parks and more information about them, plus a transcript of the episode.
Events are happening! Get info at theallusionist.org/events about the meetup on 13 August in one of Vancouver's beach parks, the listening party for the live Radio 4 broadcast of our piece Souvenirs, and for Four Letter Word season, a watchalong of the films Dick and Dicks: The Musical. Want to join that? Support the show at theallusionist.org/donate and as well as keeping this independent podcast going, you also get behind-the-scenes glimpses about every episode, livestreams with me and my collection of dictionaries, and the charming and supportive Allusioverse Discord community, where we're watching the current seasons of Great British Sewing Bee and Bake Off: The Professionals.
This episode was produced by me, Helen Zaltzman, on the unceded ancestral and traditional territory of xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) Nations. The music is by Martin Austwick. Download his songs at palebirdmusic.com and listen to his podcasts Song By Song and Neutrino Watch.
Find the Allusionist at youtube.com/allusionistshow, instagram.com/allusionistshow, facebook.com/allusionistshow, @allusionistshow.bsky.social… If I’m there, I’m there as @allusionistshow.
Our ad partner is Multitude. If you want me to talk compellingly about your product, sponsor an episode: contact Multitude at multitude.productions/ads. This episode is sponsored by:
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Chapo Trap House - 949 – Big Beautiful Swill feat. Tim Faust (7/7/25)
Tim Faust returns to the show to look at the One Big Beautiful Bill Act and its dire consequences for American medicine. We discuss Medicaid as a load-bearing feature of our healthcare infrastructure, how this bill will affect millions of Americans using the program, and the potential ways forward in the wake of its evisceration. We also look at last week’s absolute omnishambles article on Zohran’s college admission, a perfect encapsulation of the Failing New York Times approach to just about everything.
Pre-Order YEAR ZERO: A Chapo Trap House Comic Anthology at https://badegg.co/products/year-zero-1
Audio Mises Wire - The Mythology of Methodological Collectivism
A central belief of collectivists is that people think collectively, too. Whether one is a member of a class, religious group, or ethnic group, collectivism holds that each group has distinct interests that determine how individuals in the group think. Mises would have disagreed.
Original article: https://mises.org/mises-wire/mythology-methodological-collectivism
Engines of Our Ingenuity - The Engines of Our Ingenuity 3319: When WWII Began
Episode: 3319 Perhaps WWII really began when Mussolini invaded Ethiopia in 1935. Today, when did World-War-Two begin?
The Stack Overflow Podcast - Attention isn’t all we need; we need ownership too
NEAR is the blockchain for AI, enabling AI agents to transact freely across networks.
Connect with Illia on LinkedIn and X, and read the original Transformers paper that Illia co-authored in 2017.
Today’s shoutout goes to Populous badge winner Adi Lester for answering the question DataTable - foreach Row, EXCEPT FIRST ONE.
Read Me a Poem - “Daddy” by Sylvia Plath
Amanda Holmes reads Sylvia Plath’s “Daddy.” Have a suggestion for a poem by a (dead) writer? Email us: podcast@theamericanscholar.org. If we select your entry, you’ll win a copy of a poetry collection edited by David Lehman.
This episode was produced by Stephanie Bastek and features the song “Canvasback” by Chad Crouch.
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It Could Happen Here - The Genocide Budget (And How to Stop It)
Mia and Gare discuss the contents of the recently passed budget bill and how its worst provisions can be defeated.
Sources:
Trans Income Project: https://www.transincomeproject.org/donate
https://www.theguardian.com/us-news/2025/jul/07/planned-parenthood-trump-lawsuit
https://time.com/7299514/bill-will-devastate-public-schools
https://www.npr.org/2025/05/23/nx-s1-5397175/trump-federal-voucher-private-school
https://itep.org/trump-megabill-expensive-private-school-vouchers/
https://newrepublic.com/post/197412/donald-trump-big-beautiful-budget-bill-devastating-poll
https://www.cbsnews.com/news/whats-in-trump-big-beautiful-bill-senate-version/
https://www.pbs.org/newshour/politics/heres-whats-in-the-big-bill-that-just-passed-the-senate
See omnystudio.com/listener for privacy information.
array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/78d30acb-8463-4c40-a5ae-ae2d0145c9ff/image.jpg?t=1751824393&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }The World in Brief from The Economist - Trump pushes back tariff deadline; talks over a Gaza ceasefire, and more
Donald Trump delayed the imposition of reciprocal tariffs from this week until August 1st.