Sep 13, 2017

09/13/2017: "Si, se puede"

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The timeline for tax cuts and tax reform — one of the big things both Hill and White House Republicans say they want to get done this year — has been flexible, but today House Speaker Paul Ryan said we'll see an outline the week of the 25th. Now, plenty of lawmakers are starting to talk about their vision for taxes, so let's start with Ted Cruz: He wants to file on a postcard, with a flat tax and something called "full and immediate expensing." What's that mean? We'll talk about it. Then: In the wake of Harvey and Irma, the so-called catastrophic bond market's been on a wild ride. We'll talk about what that means. Plus: Dolores Huerta co-founded the United Farm Workers with Cesar Chavez in 1962, and she coined the slogan "Si, se puede." You might know it as "Yes, we can" from Obama's 2008 campaign. Carlos Santana and Peter Bratt made a documentary about Huerta and her "riches to rags" story, and we'll talk with them about it.

Segments From this episode

Some investors bet big against disasters

Sep 13, 2017
Catastrophe bonds spread insurance risk for events like hurricanes.
Two women look over severe damage to a residence following powerful Hurricane Irma on September 12, 2017 in Isamorada, a village encompassing six of the Florida Keys. 
Marc Serota/Getty Images

UFW activist Dolores Huerta's "riches to rags" story

Sep 13, 2017
The movement "became her No. 1" child, says Peter Bratt, who with Carlos Santana made a documentary about Huerta.
United Farm Workers leader Dolores Huerta organizing marchers on the second day of March Coachella in Coachella, California, in 1969.
Courtesy of PBS Distribution

So just what is a single-payer system?

Sep 13, 2017
Sarah Kliff of Vox explains Bernie Sander's new universal health care plan, Medicaid for All.
Sen. Bernie Sanders, an Independent from Vermont, introduces the Medicare for All legislation, his plan for government-sponsored universal health care, on Capitol Hill today.
JIM WATSON/AFP/Getty Images

Cruz proposes “full and immediate” expensing for businesses

Sep 13, 2017
Mark your calendars for the week of September 25. That’s when Republicans say they’ll role out more details of their plan for tax reform. Republican Sen. Ted Cruz of Texas presented details of his priorities today at the Tax Foundation. On that list, right after “a low, flat tax rate” and “file on a postcard” […]

China dips back into the global market with U.S. dollar bonds

by
Sep 13, 2017
China is getting ready this month to sell $2 billion in bonds. But these aren’t bonds in Chinese currency. It’s selling bonds in U.S. dollars — something China hasn’t done in many years. If investors buy bonds from China using U.S. dollars, it means they are lending those U.S. dollars to China. So when China said […]

Can medical marijuana become the economic engine of a city?

Sep 15, 2017
Leaders in McKeesport, Pennsylvania are hoping the medical marijuana industry can revitalize the city.
Chayne Rouse and his sister Kayla Wilkes wait in line to apply for jobs at Pure Penn. 
Erika Beras/ Marketplace

The timeline for tax cuts and tax reform — one of the big things both Hill and White House Republicans say they want to get done this year — has been flexible, but today House Speaker Paul Ryan said we’ll see an outline the week of the 25th. Now, plenty of lawmakers are starting to talk about their vision for taxes, so let’s start with Ted Cruz: He wants to file on a postcard, with a flat tax and something called “full and immediate expensing.” What’s that mean? We’ll talk about it. Then: In the wake of Harvey and Irma, the so-called catastrophic bond market’s been on a wild ride. We’ll talk about what that means. Plus: Dolores Huerta co-founded the United Farm Workers with Cesar Chavez in 1962, and she coined the slogan “Si, se puede.” You might know it as “Yes, we can” from Obama’s 2008 campaign. Carlos Santana and Peter Bratt made a documentary about Huerta and her “riches to rags” story, and we’ll talk with them about it.