Consequences of Proposed Welfare Cuts on Low-Income Americans

The economic position of the baby boomer generation has long been the envy of younger ones in the United States. But the tides may be turning as the Trump administration seeks deep cuts to social benefits that older Americans rely on. We’ll get into it. And, Kimberly joins the show from the National Press Club in Washington D.C., to make us smarter about how the GOP’s reconciliation bill could impact the richest and poorest Americans. Plus, we’ll play a round of Half Full/Half Empty!

Here’s everything we talked about today:

• "GOP tax bill would cost poor Americans, boost highest earners, CBO says" from AP News 
• "Megabill would cost poorest households $1,600 a year, boost richest by $12K, CBO predicts" from Politico 
• "Baby Boomers’ Luck Is Running Out" from The Atlantic
• "Why is everyone so crazy for Labubu toys?" from Marketplace
• "Booming sales of the latest Nintendo Switch bode well for the gaming industry" from Marketplace
• "You’ve Heard of Fine Wine. Now Meet Fine Water" from The New York Times

• "A federal judge ruled AI chatbots don't have free speech protections — for now" from Marketplace 

  
  

  Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.