In this episode of Gross Domestic Problem, William is joined by Congressman William Timmons (SC-04). Congressman Timmons discusses the critical issue of national debt and improper government payments. He proposes a technological solution to verify eligibility for social safety net programs, potentially saving between $500 billion to $1.5 trillion annually. By using advanced data verification techniques, Timmons argues that the government can reduce waste, fraud, and abuse without cutting essential benefits. The conversation highlights the urgent need to address the country's unsustainable fiscal trajectory, emphasizing that every 100 days, the United States adds a trillion dollars to its national debt. Timmons also advocates for using modern technology to create more efficient, real-time eligibility checks that could help break cycles of poverty and reduce unnecessary government spending. You won’t want to miss this enlightening conversation.

William Glass is a leader in the national conversation on fiscal responsibility, serving as a key voice for the Millennial Debt Foundation. As a passionate advocate for responsible government spending and debt reduction, William works to engage policymakers, young professionals, and thought leaders in addressing America’s growing national debt crisis. Through his work with the Foundation, he champions bipartisan solutions and fosters meaningful dialogue on the economic challenges facing future generations. William brings a fresh perspective to fiscal policy, emphasizing the importance of long-term financial stability and responsible governance.

The Millennial Debt Foundation was launched in mid-2019 by Tennessean Weston Wamp and other millennial entrepreneurs to lead a generational conversation about fiscal stewardship, the role of the federal government and America’s deficit spending crisis. Inspired by the work of our early advisor, the late U.S. Senator Tom Coburn, M.D., the Foundation’s first major project was the Millennial Debt Commission. The business-led Commission is made up of 20 millennial business leaders from across the country working towards a framework for long-term deficit reduction and stabilization of the national debt. The business leaders have been advised by a cohort of current and former members of Congress, leading economists and policy experts. MDF is a nonpartisan, Tennessee-based 501(c)(3) nonprofit funded by individual donors, the Lynde and Harry Bradley Foundation, and Arnold Ventures.