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Gas prices, explained

Oct 18, 2019

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Weekly Wrap

Are we too worried about inflation, but not worried enough about deficits?

by Marketplace Staff Feb 16, 2018
We take a look at the Republican Party's flip-flop on debt.
Kevin Hassett, chair of the Council of Economic Advisers, at a daily White House briefing in November.
Mandel NganAFP/Getty Images

Should you worry about the national debt?

by Paulina Velasco Feb 16, 2018
We have short-term focus but a long-term problem.
Office of Management and Budget Director Mick Mulvaney testifies before the Senate Budget Committee Tuesday on the 2019 budget proposal released the day before.
Win McNamee/Getty Images

U.S. government shuts down for the second time in 2018

by Associated Press Feb 8, 2018
The shutdown came after Kentucky Senator Rand Paul blocked a vote on the budget plan.
SAUL LOEB/AFP/Getty Images

The GOP tax plan just got more expensive

by Kimberly Adams Nov 8, 2017
A new estimate by the Congressional Budget Office says the plan could add $1.7 trillion to the deficit
Committee chairman Rep. Kevin Brady (R-TX) and ranking member Rep. Richard Neal (D-MA) confer with aides before the start of a House Ways and Means Committee hearing concerning the Trump administration's fiscal year 2018 budget proposals, on Capitol Hill, May 24, 2017 in Washington, DC.
Drew Angerer/Getty Images

What it means to close the 'dignity gap'

by Kai Ryssdal Mar 7, 2017
AEI president argues that the poor need an American culture that values them.
"Something like a third of the American population is starting to express pretty grave doubts in their ability to earn their success in the United States," says Arthur Brooks, president of the American Enterprise Institute. Above, people wait in line at a jobs fair in Sunrise, Florida.
Joe Raedle/Getty Images

Get ready for a huge deficit hike

by , and Feb 23, 2017
Treasury Secretary Steven Mnuchin said the Trump administration will have a proposed tax plan completed by August. Based on campaign promises, its broad outlines will include a substantial cut to corporate taxes and perhaps reductions in individual taxes. Whatever the…

Unpacking America’s complex trade with Mexico

by , and Jan 27, 2017
The U.S.-Mexico trade relationship gets talked about by the president as if we’re being scammed. He implies that because the United States has a trade deficit with its southern neighbor, we’re just pouring money over the border. But most economists…

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Let's do the numbers... on the debt

by Nancy Marshall-Genzer Oct 20, 2016
Losing sleep over the deficit & debt? Don't worry...yet
As the number of the current U.S. national debt is seen on a screen, Federal Reserve Board Chair Janet Yellen testifies during a hearing before the House Financial Services Committee on Capitol Hill in Washington, DC. 

 
Alex Wong/Getty Images

CBO predicts deficits about to get a lot worse

by Kimberly Adams Jan 25, 2016
The Congressional Budget Office says this is the first such increase since 2009.
Video

The difference between debt and deficit: An explainer

by Paddy Hirsch Jun 10, 2014
A lot of people confuse the words debt and deficit. They're not quite the same.
Paddy Hirsch at the Marketplace Whiteboard