Jun 26, 2017

06/26/2017: The Senate’s health care bill has a CBO score, let’s do the numbers

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The Senate Republican health care bill was first shown to the public Thursday, with an eye on voting a week later. Today we got the Congressional Budget Office score. The headline numbers are 22 million people losing coverage and a $321 billion deficit reduction by 2026. We'll talk through what it all means and what to keep an eye on as the bill hurtles toward a vote Thursday. Then: The president is a former CEO who wants to run the company like a business, so let's tease out how the U.S. government is and isn't like a public company. Plus, the first in a series of stories we're doing on globalization.  

Segments From this episode

My Economy: Health care uncertainty means business uncertainty

Jun 26, 2017
One woman is holding off on growing her small business, even though the demand is there.
Violins in a workshop. 
Christopher Furlong/Getty Images

Why the US buys all its rare earth metals from China

Jun 26, 2017
The obscure minerals are much more costly to mine in America.
A rare earth refinery.
Ed Jones/AFP/Getty Images

Activist investors can drive change if they have the reputation and ideas to win over others

Jun 26, 2017
Activist investor Daniel Loeb announced over the weekend that his hedge fund, Third Point, has taken a $3.5 billion stake in the Swiss food conglomerate Nestle, and he wants some changes at the company. That may sound like a lot of money, but the investment represents just over a 1 percent stake in the company. […]

Trump calls for 'energy dominance' as US oil and gas exports keep rising

Jun 26, 2017
In yet another branded White House initiative, it’s Energy Week. President Trump will be focused on American “energy dominance,” and touting the boom in U.S. fossil fuels and plans to support and increase energy exports. A ban on exporting U.S. oil and gas was lifted under the Obama administration. Energy companies may appreciate less oversight and more […]

Globalization: political rhetoric vs. on-the-ground reality

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Jun 26, 2017
South Carolina’s political elite turned out today to celebrate an expansion of BMW’s facility in the Palmetto State. It’s now BMW’s largest in the world. At the event, Sen. Lindsey Graham had this to say on Twitter: “to those who fear globalization, embrace it b/c it’s not going away…if you want to see the good […]

What the Trump White House and a newly public company have in common

Jun 26, 2017
The president has been met with levels of scrutiny that he probably wasn't ready for.
John Paul Rollert, a professor of business ethics, says President Trump, above, with Vice President Mike Pence, has been chafing at a “series of customs and norms around public disclosure.”
Alex Wong/Getty Images
 Senate Majority Leader Mitch McConnell (R-KY) (C) talks to reporters with (L-R) Sen. Cory Gardner (R-CO), Sen. John Barrosso (R-WY) and Sen. John Thune (R-SD).
Chip Somodevilla/Getty Images

The Senate Republican health care bill was first shown to the public Thursday, with an eye on voting a week later. Today we got the Congressional Budget Office score. The headline numbers are 22 million people losing coverage and a $321 billion deficit reduction by 2026. We’ll talk through what it all means and what to keep an eye on as the bill hurtles toward a vote Thursday. Then: The president is a former CEO who wants to run the company like a business, so let’s tease out how the U.S. government is and isn’t like a public company. Plus, the first in a series of stories we’re doing on globalization.  

Music from the episode

Red Moon Whitney
Fiction Steve Gunn
Hella Good No Doubt
City Music Kevin Morby
Hey You We Are Shining
Can't Let You Go (feat. Mike Shorey & Lil' Mo) Fabolous, Mike Shorey, Lil' Mo