Marketplace Logo Donate

Daily business news and economic stories from Marketplace

PODCAST: Government shutdown is bad right? So how are politicians capitalizing on it?

Subscribe to our Newsletters

Here and abroad, market reaction to the government shutdown that started overnight has mostly been muted. But later this month, the country will hit the debt ceiling. Failure by Congress to raise it would get a much stronger reaction than we’re seeing this morning.

Turns out a government shutdown is a great time for politicians to raise money

In an effort to curb its mounting debt, Japan is hiking its national sales tax, from 5 percent all the way to 8 percent.

What's Next

Latest Episodes From Our Shows

Listen
7:35 AM PDT
9:01
Listen
2:31 AM PDT
6:53
Listen
7:50 AM PDT
1:50
Listen
Aug 9, 2022
35:16
Listen
Aug 9, 2022
26:44
Listen
Jul 7, 2022
30:13
Listen
Aug 9, 2022
24:46
Exit mobile version