The back and forth over the debt ceiling

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 20 May 2023

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Just when it seemed like a deal was being teed up, negotiations over the debt ceiling broke off. Then went back on … for the moment, at least. So what happens if the U.S. government defaults? Nobody knows exactly, but we’ll go over potential scenarios, including the biggest bills the federal government may not be able to pay if the money runs out. Then, we look at the broadening field of Republican presidential candidates. Plus, we’ll play a game of Half Full Half Empty that includes an ode to condiments.

Here’s everything we talked about today:

- “Sen. Tim Scott makes it official: He’s a Republican candidate for president” from AP News

- “Negotiators Resume Debt-Ceiling Talks After Earlier Breakdown’” from The Wall Street Journal

- “2024 Republican Presidential Nomination” from Real Clear Politics

- “If the government defaults on the debt, see all the payments at risk” from The Washington Post

- “Why Montana’s TikTok ban may not work” from CNN Business

- “You can now hail an Uber without the Uber app. Here’s how it works.” from Business Insider

- “Uber for teens: the company lifts age restrictions to allow unaccompanied minors for the first time” from The Verge

- “When’s the best time to buy plane tickets?” from Marketplace

- “Under project ‘Flagship,’ ESPN preparing to move toward streaming service, per report” from USA Today

- “Ketchup from the cloud: Kraft Heinz debuts ‘Remix,’ its personalized sauce dispenser” from Yahoo Finance

- “A Chat With Singer, Songwriter, and Condiment Fan Priska Neely” from The Washington City Paper

- Video: Ode to Condiments

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Transcript

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0:26.2	the farmersdog.com slash LifeStages23.
0:29.5	Hey everyone, I'm Marie Mechrez, host of This is Uncomfortable, a podcast from Marketplace.
0:35.7	This season, we explore how secrets can shape our financial lives.
0:39.5	We've got stories about the creative lengths people go to pay off student debt, what it's
0:44.5	like to become addicted to financial submission, and how easy it can be to get stuck in a vicious
0:49.8	cycle.
0:50.8	We take a look at how secrets take a toll on our lives and what price some are willing
0:55.1	to pay for the truth.
0:57.1	Listen to This is Uncomfortable, wherever you get your podcasts.
1:06.6	Hey everybody, I'm Kyle Rizzo, welcome back to Make Me Smart, where we make today make
1:10.2	sense of this Friday today the 19th day of May.
1:15.2	Thank you so much everybody for joining us.
1:17.2	I'm Kimberly Adams and we appreciate you being here for economics on tap, which is our
1:22.4	Friday News show where we're going to do our YouTube live stream, which is up and running.
1:27.2	Hey to everybody who's joining us there.
	...

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