This GOP bill will affect borrowing costs for everyone

Marketplace

American Public Media

Business, News

4.6 • 8K Ratings

🗓️ 29 May 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

The GOP spending and tax bill making its way through Congress would pile significantly onto the national debt. In turn, bond investors will demand higher yields and — unless something changes — the cost of borrowing for a business or a mortgage is likely to go up too. Also in this episode: YouTube stars build their own production studios, a Texas bill seeks to avoid orphan oil wells and we break down the economic implications of yesterday’s judicial ruling on Trump’s tariff policy.

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0:47.1	slash go for $1,000 off. Because when it comes to your business, it's not just about keeping the lights on.
0:53.7	It's about keeping everything
0:55.0	secure. From all of us at Marketplace, thank you, to everybody who stepped up during our May
1:00.6	fundraiser, we are so grateful. Now more than ever, the support of our Marketplace investors
1:05.4	means so much, and your generosity keeps our work going. We made great progress toward our goal, but we did ultimately fall a little bit short.
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1:34.7	Hey, can somebody remind me what economic certainty feels like because I can't remember anymore?
1:51.2	From American Public Media, this is Marketplace. In Los Angeles, I'm Kyle Rizdolph. Thursday, today, may the 29th good, as it always is, to have you along, everybody.
1:57.0	There was a time, not all that long ago, when economic policy was, if not actually boring,
2:04.0	then certainly predictable. Those days, as we all know, are gone. And that gets us indirectly
2:11.1	to the International Emergency Economic Powers Act of 1977 and the U.S. Court of International Trade. Late yesterday, as you know,
2:19.7	the court said President Trump does not have the powers he has claimed to impose those global
2:24.8	tariffs of April 2nd. This afternoon, a federal appeals court put that ruling on hold while it
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