Reeves has raised taxes by £40 billion in the first Labour budget in fourteen years. Does it ‘fix the foundations’ or does it punish ‘working people’?

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1d:T456,The US government has been shut down for more than a week, and Democrats and Republicans are locked in a political blame game. Shutdowns are nothing new in US politics, but this time President Trump has made an unusual threat: to permanently cut hundreds of thousands of jobs and shutter entire government agencies. Is this just a new bargaining tactic to put pressure on Democrats or part of a bigger project to remake the American government? This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestoryGuest: Lara Spirit, Washington Correspondent, The Times.Host: Manveen Rana.Producer: Micaela Arneson and Olivia Case.Read more: Trump warns Democrats the ‘grim reaper is coming’The revenge shutdown: Trump vows to inflict maximum pain on DemocratsClips: CBS, ProPublica, Democracy Now!, @realDonaldTrump / TruthSocial, ABC, MSNBC, NBC News.Music: (Don't Fear) The Reaper / Blue Oyster Cult / Columbia.Photo: Getty Im

The £40 billion gamble