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Dec 19, 2017

12/19/2017: Congress eyes the third rail

“Third-rail programs,” or those you usually just don’t touch — benefits for low- and middle-income Americans like Medicare, disability benefits and Social Security — will be on the chopping block in 2018. With the tax plan all but passed, Congress will be faced with the question: cut programs or raise more money to pay for them? Plus, we take closer look at the president’s oeuvre of tweets and what they’ve led the world to believe about the American economy. And the world’s most polluting nation, China, is starting a carbon market to lower its emissions. It will be the largest program in the world to do so, but will it make a dent in carbon emissions for other nations?

12/19/2017: Congress eyes the third rail
Chip Somodevilla/Getty Images

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“Third-rail programs,” or those you usually just don’t touch — benefits for low- and middle-income Americans like Medicare, disability benefits and Social Security — will be on the chopping block in 2018. With the tax plan all but passed, Congress will be faced with the question: cut programs or raise more money to pay for them? Plus, we take closer look at the president’s oeuvre of tweets and what they’ve led the world to believe about the American economy. And the world’s most polluting nation, China, is starting a carbon market to lower its emissions. It will be the largest program in the world to do so, but will it make a dent in carbon emissions for other nations?