Maya MacGuinneas

Eric Zwick, an economist from the University of Chicago specializing in tax policy, joins Maya MacGuineas, president of the Committee for a Responsible Federal Budget, to dissect the recent tax and spending bill. They discuss its sweeping impact, from eliminating certain taxes on overtime and tips to creating new child savings accounts. The duo critically examines how this legislation extends tax cuts benefitting the wealthy while slashing funding for Medicaid and SNAP, raising pressing questions about inequality and its implications for national debt.

Scott Kirby, CEO of United Airlines, details the airline's collaboration with JetBlue, aiming to enhance value for frequent flyers. He shares insights on Newark's challenges and the future of supersonic travel. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, warns about unsustainable government spending. Meanwhile, Phil LeBeau discusses the tech-financial landscape, including NVIDIA’s struggles in China and the implications of recent trade policies on the airline industry.

Maya MacGuinneas discusses the federal budget deficit, Amos Hochstein talks about US energy policy, and Ed Hyman covers economic signals. Topics include Middle East conflict, energy strategies, US energy transition, inflation's impact on retirement security, Federal Reserve's approach to economic changes, and 2025 fiscal policy challenges for the US.