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Make Me Smart with Kai and Molly

Episode 139: When student athletes play hard, who gets paid?

Nov 12, 2019

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The GOP lost the budget fight ... again

by Kai Ryssdal, Andie Corban, and Sean McHenry Jul 24, 2019
John Harwood of CNBC explains why Republicans "support spending cuts in theory" but have a hard time getting there in practice.
Treasury Secretary Steven Mnuchin, above, and House Speaker Nancy Pelosi, D-Calif., negotiated a budget deal this week that increases federal spending.
Juan Mabromata/Getty Images

Despite a strong economy, the federal deficit continues to grow

by Ben Bradford Jun 13, 2019
This is despite a revenue boost from President Trump’s tariffs on imports.
An October 18, 2018 photo shows the seal of the US Treasury in Washington, DC.
MANDEL NGAN/AFP/Getty Images

President George H.W. Bush dies at 94

by Nancy Marshall-Genzer Nov 30, 2018
He came to office promising not to raise taxes, but later compromised to help cut the deficit.
U.S. President George Bush poses for photographers after his address to the nation, 27 September 1991, in the Oval Office of the White House. During his speech, Bush announced that the U.S. will unilaterally eliminate its land and sea-based short-range nuclear weapons.
LUKE FRAZZA/AFP/Getty Images

President George H.W. Bush dies at 94

by Nancy Marshall-Genzer Nov 30, 2018
He came to office promising not to raise taxes, but later compromised to help cut the deficit.
U.S. President George Bush poses for photographers after his address to the nation, 27 September 1991, in the Oval Office of the White House. During his speech, Bush announced that the U.S. will unilaterally eliminate its land and sea-based short-range nuclear weapons.
LUKE FRAZZA/AFP/Getty Images

President George H.W. Bush dies at 94

by Nancy Marshall-Genzer Nov 30, 2018
He came to office promising not to raise taxes, but later compromised to help cut the deficit.
U.S. President George Bush poses for photographers after his address to the nation, 27 September 1991, in the Oval Office of the White House. During his speech, Bush announced that the U.S. will unilaterally eliminate its land and sea-based short-range nuclear weapons.
LUKE FRAZZA/AFP/Getty Images

The EU balks at Italy's definition of debt

by , and Nov 9, 2018
But what's Europe's definition based on, anyway?
 People stand in front of a 'debt clock' screen displaying the Italy's public debt at the Rome's Termini central station on February 15, 2018.
FILIPPO MONTEFORTE/AFP/Getty Images

Paying lip service to the deficit

by Nancy Marshall-Genzer Nov 8, 2018
Politicians have been pretty quiet lately about the $800 billion budget deficit. That's about to change.
“Washington needs to find a way to spend less,” Mitch McConnell said in 2011, back when the Kentucky Republican was Senate minority leader. Above, he addresses the Value Voters Summit in Washington, D.C., in September. 
Photo by Chip Somodevilla/Getty Images

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Federal deficit rises to six-year high following last year's tax cut

by Ben Bradford Oct 16, 2018
The U.S. government is spending more and taking in less. The Treasury Department reported on Monday that the federal deficit has increased this past budget year to $779 billion, the largest deficit since 2012. The biggest culprit is last year’s…

Federal deficit rises to six-year high following last year's tax cut

by Ben Bradford Oct 16, 2018
The U.S. government is spending more and taking in less. The Treasury Department reported on Monday that the federal deficit has increased this past budget year to $779 billion, the largest deficit since 2012. The biggest culprit is last year’s…
The Federal Reserve

Fed Chair Jay Powell: We’re “independent of political considerations”

by Kai Ryssdal Jul 12, 2018
In a 30 minute conversation, Chairman Powell discusses tariffs, political pressure on the Fed and wage stagnation.
Jerome Powell listens as President Trump announces Powell as nominee for Chairman of the Federal Reserve in the Rose Garden of the White House in Washington, DC, November 2, 2017.
SAUL LOEB/AFP/Getty Images