Treasury Secretary Janet Yellen says that the U.S. government could default on its loans as early as June 1st, if an agreement on the debt ceiling isn't reached in Congress. If the debt ceiling isn't raised, we'd likely face a government shutdown. Today, Nicole explains what a government shutdown would mean for your finances, and how you should prepare.
Oct 8
Wall Street News Roundup: Taylor's Banner Weekend, Charlie Javice Goes to Prison and Government Shutdown Watch
Today, Nicole shares the biggest headlines on Wall Street and how they will affect you and your wallet. In this episode, she unpacks the latest on the government shutdown, why Charlie Javice is going to prison and the economics of Taylor Swift's new album This podcast is for info ... Show More
11m 3s
Sep 2023
What a government shutdown could mean for you
As the U.S. government moves closer to a shutdown, we hear what that means for the economy, federal workers and families across the country.
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Congress must agree to a short-term funding bill before an Oct. 1 shutdown, which could interrupt paychecks for many federal w ... Show More
21m 36s
Feb 2023
Jay & Shai's debt ceiling adventure
Every year, the U.S. government spends more money than it takes in. In order to fund all that spending, the country takes on debt. Congress has the power to limit how much debt the U.S. takes on. Right now, the debt limit is $31.4 trillion dollars. Once we reach that limit, Congr ... Show More
26m 6s
Nov 2021
The big myth of government deficits | Stephanie Kelton
Government deficits have gotten a bad rap, says economist Stephanie Kelton. In this groundbreaking talk, she makes the case to stop looking at government spending as a path towards frightening piles of debt, but rather as a financial contribution to the things that matter -- like ... Show More
17m 34s