Jobs IRL: Georgia bets big on EVs, and Savannahians

Marketplace All-in-One

Marketplace

News, Business

4.8 • 1.3K Ratings

🗓️ 12 June 2024

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s been called the largest economic development project in Georgia’s history. And it’s massive — six times the size of Disneyland. When Hyundai’s Metaplant comes online, it will pump out up to 300,000 electric vehicles per year, plus batteries. Jobs at the plant will pay more than the area average, and job training will be free of charge. We’ll hear more. Also on the program: banishing medical debt from credit reports.

Transcript

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0:00.0	Banishing Medical Debt from Credit Reports.
0:05.0	From Marketplace, I'm Sabrie Benashore, in for David Brancaccio.
0:09.0	Medical debt can mar a person's credit report, disqualifying them from car loans, home mortgages,
0:14.2	apartment rentals, that may soon change. The Biden administration is planning
0:18.8	new regulations for next year that would prevent medical debt from appearing on credit reports.
0:23.8	Marketplace's Nova Safo has more.
0:25.8	There are some 15 million Americans who owe a combined 50 billion dollars in
0:30.1	medical debt according to the Biden administration.
0:35.9	But that debt can be inaccurate, says attorney Chichy Wu,
0:39.7	who focuses on consumer credit issues at the National Consumer Law Center and advocacy group.
0:41.0	If I go to the hospital and I get a $1,500 bill and I'm like insurance was supposed to pay for most of that,
0:47.2	why is that on my credit report?
0:48.6	I mean that's wrong.
0:49.6	Major credit reporting agencies have stopped counting some minor
0:52.8	medical debt but the Consumer Financial Protection Bureau
0:55.7	is proposing a new rule which would remove all medical debt from credit reports
1:00.2	although the debt itself would not be wiped away.
1:03.0	The Biden administration hopes to finalize the proposed new rule by early next year.
1:07.0	I'm Nova Softw for Marketplace. Oh, So, the U. across the political spectrum.
1:53.7	The US needs workers with the skills to do that manufacturing.
1:57.5	Our question this week is who gets those skills?
2:00.6	Marketplace's David Brancaccio has been reporting from Georgia on efforts to create pipelines of people
	...

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