Aug 1, 2011

Marketplace Morning Report for Monday, August 1, 2011

HTML EMBED:
COPY

Marketplace Morning Report for Monday, August 1, 2011

Segments From this episode

Public schools pass costs onto parents

Aug 1, 2011
A Texas school will charge students for riding the bus. It's another result of the budget crises most states find themselves in.

The growing influence of low-cost "curbside" bus service

Aug 1, 2011
A new study shows that intra-city bus lines like BoltBus and Megabus are stealing passengers from Amtrak and even airlines.

Should Greece follow in Argentina's footsteps?

Aug 1, 2011
Riots broke out when Argentina defaulted back in 2001, but the country's already bouncing back to recovery

NBA players, owners feel economic pinch of lockout

Aug 1, 2011
Players are weighing their foreign options; owners complain of losing money

Congressional debt deal relies on 'triggers' for future cuts

Aug 1, 2011
Democrat and Republican leaders have reached a tentative deal to raise the U.S. debt ceiling. But most analysts say this compromise is far from a cure-all for what ails the U.S. economy.

Global markets relieved by tentative debt deal

Aug 1, 2011
A possible deal to raise the U.S. debt ceiling has cheered the markets, and calmed fears that the global economy was about to face another financial crisis.

Does this 'debt deal' solve our debt problems?

Aug 1, 2011
Moody's Analytics chief economist Mark Zandi says that the debt deal is a good first step, and that he expects the U.S. to keep its top-notch credit rating.

Debt ceiling deal unlikely to tackle taxes

Aug 1, 2011
Republican and Democratic lawmakers are expected to vote today on the tentative deal to raise the debt ceiling. But it's unclear what, if any, of the budget solution will come from taxes.

Debt deal avoids a default, but a downgrade may be coming

Aug 1, 2011
The credit rating agencies could still downgrade U.S. debt because of worries over our overall debt load.

Economic recovery stalls, but now cuts could be coming

Aug 1, 2011
Economist Julia Coronado says jobs and economic data indicate the economy needs help -- not cuts. But despite the headwinds, economy is not heading to recession.

Debt ceiling plan hits defense budget

Aug 1, 2011
The tentative debt plan initially cuts over $350 billion from the Pentagon's budget -- and more cuts could come eventually

How do you calculate a spending cut?

Aug 1, 2011
Voting gets underway today on a plan to raise the nation's debt ceiling. The proposal calls for $2.4 trillion in cuts over the next decade, including to defense and entitlement programs.

Hours before the debt deal vote, how are conservative Republicans in the House feeling?

Aug 1, 2011
The proposal announced late yesterday calls for big cuts over the next decade, including nearly $2.5 trillion to defense and entitlement programs

The team

Stephen Ryan Producer, BBC