Marketplace®

Daily business news and economic stories

To cut or not to cut? The debate over the government’s debt

There’s a tug of war in the Trump administration over the debt ceiling — specifically, whether Congress should attach spending limits to legislation raising or suspending the ceiling. It limits how much the Treasury Department can borrow to pay its bills. Now, Treasury Secretary Steven Mnuchin is urging Congress to raise the debt ceiling with […]

There’s a tug of war in the Trump administration over the debt ceiling — specifically, whether Congress should attach spending limits to legislation raising or suspending the ceiling. It limits how much the Treasury Department can borrow to pay its bills. Now, Treasury Secretary Steven Mnuchin is urging Congress to raise the debt ceiling with no strings attached. But budget Director Mick Mulvaney says he wants cuts attached. What’s best for the economy?

Click the audio player above to hear the full story.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    11 hours ago
    25:59
  • Make Me Smart
    14 hours ago
    19:16
  • Marketplace Morning Report
    18 hours ago
    6:49
  • Marketplace Tech
    a day ago
    7:51
  • Million Bazillion
    6 days ago
    26:02
  • How We Survive
    11 days ago
    16:54
  • This Is Uncomfortable
    2 months ago
    37:19
  • Financially Inclined
    2 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58