03/16/2017: It’s budget day
Mar 16, 2017

03/16/2017: It’s budget day

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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.

Segments From this episode

TaskRabbit doubles the number of cities it operates in

Mar 16, 2017
CEO Stacy Brown-Philpot talks about the company's expansion and what work will look like in the future.
Stacy Brown-Philpot is CEO of TaskRabbit, the on-demand app that lets users hire people to complete various household tasks.
Photo courtesy of TaskRabbit

Trump’s opening salvo in the budget wars

by
Mar 16, 2017
President Donald Trump’s proposed budget is known as the skinny budget, the basic outline of what the president’s priorities are. It’s a bit like an expanded version of one of his tweets. It’s a long way from what the actual budget will be, but it is a window into his thinking when it comes to […]

What it might mean if Trump succeeds in cutting the business tax rate

Mar 16, 2017
President Donald Trump reminded Fox News’ Tucker Carlson last night that he aims to bring taxes “way down” on businesses, from 35 percent to 15 percent. But a lot of companies don’t pay 35 percent, because they take deductions and exclusions to shave their tax bill. A drop in the overall tax rate could make […]

Awkward: Merkel is poised for a diplomatic dance with Trump

Mar 16, 2017
Dutch Prime Minister Mark Rutte is probably the happiest man in Europe today after the anti-Muslim and anti-European Union candidate Geert Wilders did worse than expected in elections yesterday. Trans-Atlantic economic attention now turns to Washington visits this week by two European leaders, both of whom have been critical of President Donald Trump. Irish Prime […]

Community college students face hunger and homelessness, new study finds

Mar 16, 2017
'Life issues' get in the way of student success, Miami Dade campus president says.
The study finds two in three community college students are “food insecure,” meaning they don’t have reliable access to enough food. 
Justin Sullivan/Getty Images

Bill Ackman's billion-dollar bet against Herbalife

Mar 16, 2017
'Betting on Zero' documents the not-so-simple story of Ackman's attempts to short the nutrition company's stock.
The documentary film “Betting on Zero” chronicles investor Bill Ackman’s billion-dollar bet against the nutrition and weight management company Herbalife.
FilmBuff, a Gunpowder & Sky company

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.

Music from the episode

Tape Machine STRFKR
Came out of a Lady Rubblebucket
Gold on the Ceiling The Black Keys
Jeeper Creeper Sinkane