$9 billion about to be clawed back
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 18 July 2025
⏱️ 8 minutes
🧾️ Download transcript
Summary
Late last night, the House approved a bill taking back nearly $1 billion from the Corporation for Public Broadcasting, which distributes funding to public radio and TV stations, and roughly $8 billion in foreign aid. We'll give an explainer about what's in the bill. Then, from Marketplace's "Age of Work" series, we'll hear how a woman at a U.K. business school prompted conversations about menopause at work, and from "Marketplace Tech," we'll learn why Pentagon leaders are talking about the right to repair.
Transcript
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| 0:00.0 | Hey, if you're listening to this, I will assume you're at least interested in money, understanding the economy and finances as well. |
| 0:07.0 | And some of us now want to get the next generation interested as well. |
| 0:10.6 | So check out Million Bazillion, Marketplace's award-winning kids podcast that breaks down money to help dollars make more sense. |
| 0:17.1 | Tune into Million Bazillion wherever you find your favorite podcast. |
| 0:20.0 | A whole new season is out now. |
| 0:22.4 | Million bazillion is presented in partnership with Greenlight, the debit card and money app for kids and teens. |
| 0:27.0 | Greenlight helps kids and teens learn to earn, save, spend wisely, and invest. |
| 0:31.5 | When you sign up for a Greenlight account at greenlight.com slash million. |
| 0:37.1 | $9 billion for foreign aid in public broadcasting about to be clawed back. |
| 0:43.6 | From Marketplace, I'm Surrey Banishore in for David Brancaccio. |
| 0:47.0 | Late last night, the House approved a bill taking back funding for public broadcasting |
| 0:52.3 | and foreign aid. |
| 0:53.5 | The measure now goes to President Trump for his |
| 0:55.6 | signature. Marketplaces Nancy Marshall Ginsburg explains what is in this bill. |
| 1:00.1 | The legislation cuts about a billion dollars from the corporation for public broadcasting, |
| 1:05.6 | which distributes funding to public radio and TV stations. Some Republicans who oppose the measure, like Alaska |
| 1:12.1 | Senator Lisa Markowski, said rural areas especially rely on public broadcasting for vital information |
| 1:18.7 | like tsunami and landslide alerts. The bill also cancels about $8 billion in foreign aid. Some of that |
| 1:25.9 | money was earmarked for programs providing emergency |
| 1:28.5 | food, water, and shelter. This is funding that was already approved by Congress. Democrats say |
| 1:34.8 | Republicans are giving Congress's power of the purse to the president. They say they can't |
| 1:39.5 | be expected to negotiate bipartisan budget agreements in the future if the spending is just going to be |
... |
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