Listen To The Story
Marketplace

The latest draft of the Senate tax bill sailed through a procedural vote in the budget committee today. One of the big questions leading up to the vote was how to appease deficit hawks like Sen. Bob Corker of Tennessee, who object to the trillion or so dollars these tax cuts would add to the national debt. Well, Corker voted yes on the bill, and the concession that reportedly got him there? A so-called tax trigger. The question is … how does it work?

Click the audio player above to hear the full story. 

As a nonprofit news organization, Marketplace is on a mission that drives what we do every day: to increase economic intelligence across the country. But we can’t do it alone. Become a Marketplace Investor today, in whatever amount you choose, and your donation will go twice as far, thanks to a dollar-for-dollar match from The Kendeda Fund.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.

Follow Ryan Kailath at @ryankailath