Sachs Say U.S. War of the Rich on the Poor Is Astounding

The transcript discusses the growing wealth inequality in America, highlighting the social responsibility of the rich and the unprecedented inequality. Jeff Sachs critiques the current political climate, advising Republican senators to consider long-term impacts over immediate political needs. He criticizes the populism driven by the super-rich and the idea of tax cuts, emphasizing the irresponsibility of gifting $1.5 trillion to the wealthy. The governance in the US is described as flaky, with a call for more serious policy-making.

What is the significance of the '1.5 trillion' figure mentioned in the text?

In what way does the speaker describe the current governance in the country?