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federal spending

4 statements across 4 episodes · 0 bullish · 2 bearish · 3 people on the record · first statement May 13, 2021 by David Sacks · across every show →

Everything said about federal spending, oldest first

May 13, 2021 negative
Assertion Supported
Sacks: US federal spending has exceeded 30% of GDP in 2021
“But what you have now is federal spending over 30% of GDP and everything is starting to break.”
David Sacks May 13, 2021 ▶ 53:21 E32: Behind the scenes of Elon hosting SNL, CDC failures, America's real-time UBI experiment & more
Feb 22, 2025 neutral
Assertion Partly supported
Patrick Collison: US federal spending dropped five percentage points of GDP under Clinton
“I think federal spending fell by five points of GDP over the course of the Clinton presidency, which is really not a small amount, you know?”
Patrick Collison Feb 22, 2025 ▶ 59:15 The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private
Jul 4, 2025 neutral
Assertion Not checkable as stated
Friedberg: Executive action cannot cut spending without Congressional statute changes
“You cannot change The spending without a change in statute from Congress.”
David Friedberg Jul 4, 2025 ▶ 37:02 Big Beautiful Bill, Elon/Trump, Dollar Down Big, Harvard's Money Problems, Figma IPO
Jul 7, 2025 negative
Opinion
Friedberg: US is in a federal debt-death spiral
“There's a lot of people that are making accurate declarations that federal spending needs to be reduced, the deficit needs to be shrunk, we are in a debt-death spiral, and they are absolutely correct.”
David Friedberg Jul 7, 2025 ▶ 0:09 "What The F Are We Doing?" David Friedberg On BBB’s Deficit Increase & Trump vs. Elon
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