The Takeout with Major Garrett, 8/20/26

Major is over the moon to hit our 300th episode. The next big number he's tackling: the U.S. debt reaching a record $40 trillion. Nancy Cordes is at the White House to explain how we reached this point and what the Trump Administration believes it needs to do to combat it. Matthew Kroenig from the Atlantic Council joins to react to Treasury Secretary Scott Bessent's threat to enact the "toughest sanctions in history" on Iran. The House Ethics Committee announced earlier this week that it would investigate Rep. Jimmy Gomez (D-CA) regarding alleged sexual misconduct and inappropriate behavior with a staffer. Major interviews his Democratic Socialist opponent, Angela Gonzales-Torres, about her reaction to the allegations and the important issues she's tackling in her campaign. Plus, on the 300th episode, Major says goodbye to the red chairs in the conversation corner and unveils the new chairs set to take their place, right here on "The Takeout."