Airing on Wednesday March 25, 2015: The Republican budget proposal — more a political document than a financial one, to be sure — is up for votes in Congress today and tomorrow. Like the president’s budget before it, this one is expected to find away around some of the spending cuts laid out under sequestration. The wiggling around and out of those across-the-board cuts started pretty much as soon as they were enacted, and is a good lesson in how federal spending works these days. We explore. Plus, the BBC today announced it is not renewing the contract of Jeremy Clarkson, host of the car show “Top Gear,” who is said to have assaulted his producer. The show is massively popular globally and brings in sales worth an estimated $50 million a year. The gruff Clarkson is a big part of its success despite complaints about his past comments on the show, which many viewers see as racist. We take a look at the business calculation of firing a controversial host.
Airing on Wednesday March 25, 2015: The Republican budget proposal — more a political document than a financial one, to be sure — is up for votes in Congress today and tomorrow. Like the president’s budget before it, this one is expected to find away around some of the spending cuts laid out under sequestration. The wiggling around and out of those across-the-board cuts started pretty much as soon as they were enacted, and is a good lesson in how federal spending works these days. We explore. Plus, the BBC today announced it is not renewing the contract of Jeremy Clarkson, host of the car show “Top Gear,” who is said to have assaulted his producer. The show is massively popular globally and brings in sales worth an estimated $50 million a year. The gruff Clarkson is a big part of its success despite complaints about his past comments on the show, which many viewers see as racist. We take a look at the business calculation of firing a controversial host.
