US Budget Deficit and Rising Interest Rates

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The speakers discuss the implications of the increasing US budget deficit and high interest rates on government spending. They highlight the expensive debt servicing and the drop in tax revenues due to poor stock market performance. The looming government shutdown and gridlock in the House further exacerbate federal funding negotiations.

Episode 175: Neal and Toby explain how the US budget deficit hit $1.7 trillion as Congress ends their fiscal year. Plus, the guys wrap up the biggest headlines of the weekend, including the fallout between Jon Stewart and Apple and Taylor Swift at the box office. Also, how one museum is connecting Van Gogh and Pokemon cards, and why orange juice is out and apple juice is in. Finally, is the actors strike nearing a breaking point? And a preview of what we are watching for this week.

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