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Wasn’t that big tax cut supposed to pay for itself?
Oct 18, 2018

Wasn’t that big tax cut supposed to pay for itself?

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There’s been a lot of talk lately about the budget deficit. At last count, it's up 17 percent over last year — the government spent $779 billion more than it collected in taxes. Seems we're paying the price for one of the biggest tax cuts in history. But wasn't that cut supposed to pay for itself? Then: African-Americans are more scared of a recession than white Americans, according to the latest Marketplace-Edison Research Poll. We'll look at how communities of color are still recovering from the last recession. Plus, the big business of disaster cleanup.

Segments From this episode

Uber and Lyft are driving toward IPOs

Oct 18, 2018
Investors could pony up $140 billion for shares even though neither firm is profitable.
Spencer Platt/Getty Images

Uber and Lyft are driving toward IPOs

Oct 18, 2018
Investors could pony up $140 billion for shares even though neither firm is profitable.
Spencer Platt/Getty Images

How much will sports leagues make from legal betting?

Oct 18, 2018
The Supreme Court cleared the way for bookmakers to take in more than $70 billion.
Guests attend a viewing party for the NCAA men's college basketball tournament inside the Race & Sports SuperBook at the Westgate Las Vegas Resort Casino in March.
Ethan Miller/Getty Images

How much will sports leagues make from legal betting?

Oct 18, 2018
The Supreme Court cleared the way for bookmakers to take in more than $70 billion.
Guests attend a viewing party for the NCAA men's college basketball tournament inside the Race & Sports SuperBook at the Westgate Las Vegas Resort Casino in March.
Ethan Miller/Getty Images

For African-Americans, a fear of recession

Oct 18, 2018
The Marketplace-Edison Research Poll also found that more blacks worry a recession will affect them than whites do.
A man walks by the New York Stock Exchange.
Spencer Platt/Getty Images

EU summit yields no clear way forward on Brexit

Oct 18, 2018
European Union leaders wrapped up a two-day summit in Brussels today. Britain’s exit from the bloc was the main focus of the gathering. And students of EU crises will have heard a familiar whizzing sound as another deadline passed in the unfolding drama, known as Brexit. The long-scheduled summit was intended as an important milestone […]

EU summit yields no clear way forward on Brexit

Oct 18, 2018
European Union leaders wrapped up a two-day summit in Brussels today. Britain’s exit from the bloc was the main focus of the gathering. And students of EU crises will have heard a familiar whizzing sound as another deadline passed in the unfolding drama, known as Brexit. The long-scheduled summit was intended as an important milestone […]

About those tax cuts that are supposed to pay for themselves

Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as taxes. Seems we’re paying the price for one of the biggest tax cuts in history, […]
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

About those tax cuts that are supposed to pay for themselves

Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as taxes. Seems we’re paying the price for one of the biggest tax cuts in history, […]
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

There’s been a lot of talk lately about the budget deficit. At last count, it’s up 17 percent over last year — the government spent $779 billion more than it collected in taxes. Seems we’re paying the price for one of the biggest tax cuts in history. But wasn’t that cut supposed to pay for itself? Then: African-Americans are more scared of a recession than white Americans, according to the latest Marketplace-Edison Research Poll. We’ll look at how communities of color are still recovering from the last recession. Plus, the big business of disaster cleanup.

Wasn’t that big tax cut supposed to pay for itself?
Oct 18, 2018

Wasn’t that big tax cut supposed to pay for itself?

HTML EMBED:
COPY

There’s been a lot of talk lately about the budget deficit. At last count, it's up 17 percent over last year — the government spent $779 billion more than it collected in taxes. Seems we're paying the price for one of the biggest tax cuts in history. But wasn't that cut supposed to pay for itself? Then: African-Americans are more scared of a recession than white Americans, according to the latest Marketplace-Edison Research Poll. We'll look at how communities of color are still recovering from the last recession. Plus, the big business of disaster cleanup.

Segments From this episode

Uber and Lyft are driving toward IPOs

Oct 18, 2018
Investors could pony up $140 billion for shares even though neither firm is profitable.
Spencer Platt/Getty Images

Uber and Lyft are driving toward IPOs

Oct 18, 2018
Investors could pony up $140 billion for shares even though neither firm is profitable.
Spencer Platt/Getty Images

How much will sports leagues make from legal betting?

Oct 18, 2018
The Supreme Court cleared the way for bookmakers to take in more than $70 billion.
Guests attend a viewing party for the NCAA men's college basketball tournament inside the Race & Sports SuperBook at the Westgate Las Vegas Resort Casino in March.
Ethan Miller/Getty Images

How much will sports leagues make from legal betting?

Oct 18, 2018
The Supreme Court cleared the way for bookmakers to take in more than $70 billion.
Guests attend a viewing party for the NCAA men's college basketball tournament inside the Race & Sports SuperBook at the Westgate Las Vegas Resort Casino in March.
Ethan Miller/Getty Images

For African-Americans, a fear of recession

Oct 18, 2018
The Marketplace-Edison Research Poll also found that more blacks worry a recession will affect them than whites do.
A man walks by the New York Stock Exchange.
Spencer Platt/Getty Images

EU summit yields no clear way forward on Brexit

Oct 18, 2018
European Union leaders wrapped up a two-day summit in Brussels today. Britain’s exit from the bloc was the main focus of the gathering. And students of EU crises will have heard a familiar whizzing sound as another deadline passed in the unfolding drama, known as Brexit. The long-scheduled summit was intended as an important milestone […]

EU summit yields no clear way forward on Brexit

Oct 18, 2018
European Union leaders wrapped up a two-day summit in Brussels today. Britain’s exit from the bloc was the main focus of the gathering. And students of EU crises will have heard a familiar whizzing sound as another deadline passed in the unfolding drama, known as Brexit. The long-scheduled summit was intended as an important milestone […]

About those tax cuts that are supposed to pay for themselves

Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as taxes. Seems we’re paying the price for one of the biggest tax cuts in history, […]
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

About those tax cuts that are supposed to pay for themselves

Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as taxes. Seems we’re paying the price for one of the biggest tax cuts in history, […]
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

There’s been a lot of talk lately about the budget deficit. At last count, it’s up 17 percent over last year — the government spent $779 billion more than it collected in taxes. Seems we’re paying the price for one of the biggest tax cuts in history. But wasn’t that cut supposed to pay for itself? Then: African-Americans are more scared of a recession than white Americans, according to the latest Marketplace-Edison Research Poll. We’ll look at how communities of color are still recovering from the last recession. Plus, the big business of disaster cleanup.