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Mar 16, 2017

03/16/2017: It’s budget day

The budget plan the White House released today is sort of like an extension of President Donald Trump’s tweets: It gives you a sense of his thinking, but it’s not the whole plan. It’s called a “skinny budget.” We’ll discuss what that means and what it says. Then, Trump told Fox News’ Tucker Carlson that he wants to cut business taxes from 35 percent down to 15 percent. But what businesses actually pay that much, and what would a cut mean for the economy? Plus, a conversation with the CEO of the Uber-for-chores company TaskRabbit and one man’s billion-dollar bet against Herbalife stock.

President Donald Trump attends a meeting about healthcare in the Roosevelt Room at the White House in Washington, DC, on March 13, 2017.
President Donald Trump attends a meeting about healthcare in the Roosevelt Room at the White House in Washington, DC, on March 13, 2017.
NICHOLAS KAMM/AFP/Getty Images

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The budget plan the White House released today is sort of like an extension of President Donald Trump’s tweets: It gives you a sense of his thinking, but it’s not the whole plan. It’s called a “skinny budget.” We’ll discuss what that means and what it says. Then, Trump told Fox News’ Tucker Carlson that he wants to cut business taxes from 35 percent down to 15 percent. But what businesses actually pay that much, and what would a cut mean for the economy? Plus, a conversation with the CEO of the Uber-for-chores company TaskRabbit and one man’s billion-dollar bet against Herbalife stock.