Tens of millions of American families are beginning to receive direct cash payments as part of the expanded child tax credit, which was part of the COVID relief bill passed back in March.
Those payments top out at $3,600 a year per child — an amount experts say could lift tens of millions of children out of poverty. But the expanded credit is only scheduled to last one year. The question now is: will Democrats succeed in making it permanent?
Here's a breakdown of what you need to know from NPR's Andrea Hsu.
This episode contains excerpts from NPR's daily economics podcast The Indicator. Listen and subscribe via Apple, Spotify, Google, or Pocket Casts.
Additional reporting this episode from NPR's Cory Turner and Mara Liasson.
In participating regions, you'll also hear a local news segment that will help you make sense of what's going on in your community.
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The Commentary Magazine Podcast - We Should Be Proud
Today’s passionate podcast features praise for the American people when it comes to vaccination and serious querying why we are turning this amazing national mobilization success into a neurotic failure. And we celebrate Jeff Bezos’s trip into near-space and ask again why it is that we are being told by the liberal establishment that it is a pointless and vainglorious effort. Cheer up, people! Source
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Cato Daily Podcast - How Government Boosts Low-ROI Graduate Degrees
Even some graduate degrees from elite institutions deliver few earnings benefits. Why do people get them? And how do government payoff programs make the cost of those degrees appear lower than they really are? Neal McCluskey explains.
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CoinDesk Podcast Network - BREAKDOWN: So THIS Is ‘And Then They Fight You’
Crypto finds itself in an inevitable set of regulatory battles.
This episode is sponsored by NYDIG.
“First they ignore you, then they laugh at you, then they fight you and then you win.”
In this episode of “The Breakdown,” NLW examines crypto’s current “and then they fight you” phase, citing recent regulatory battles:
- New Jersey’s BlockFi interest accounts cease and desist order
- Stablecoins in the hot seat in recent meeting of U.S. presidential advisory group
- Busting FUD headlines following a European Commission proposed reform
A New Jersey Bureau of Securities order calls for BlockFi to stop accepting new clients residing in the state. CEO Zac Prince remains optimistic, believing the company’s products are lawful and that further discourse with regulators would clear up concerns, the most important of which seems to be surrounding yield delivery. Is a new macro narrative emerging as competition ramps up with high yield enticing new crypto users?
In a meeting with the President’s Working Group on Financial Markets, attendees discussed the rapid growth of stablecoins and their risks and benefits for the future. Of the eight political and regulatory figures in attendance, who are likely to provide pro-stablecoin input?
This morning, an incendiary headline dropped – “EU Aims to Ban Anonymous Crypto Asset Wallets” – following a European Commission release. Is the severity of the commission’s reform as fierce as the headline suggests?
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NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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The Breakdown is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Razor Red” by Sam Barsh. Image credit: Greg Nash/Bloomberg/Getty Images, modified by CoinDesk.
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Audio Poem of the Day - Myth
By Natasha Trethewey
Stuff They Don't Want You To Know - CLASSIC: Is clairvoyance real?
Are psychic powers actually possible? Join Ben and Matt as they investigate the truth about clairvoyance in this classic episode.
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array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }Honestly with Bari Weiss - You’re Being Lied To
One year after her resignation from the New York Times, Bari sits down with author (and America's most famous Stoic) Ryan Holiday to talk about how the media broke and who is to blame for breaking it. Holiday knows about fake news: In his 2012 bestseller, “Trust Me, I'm Lying,” he explains how he manipulated the media on behalf of himself and his clients, including Tucker Max and Dov Charney of American Apparel. Holiday is also the author of "Conspiracy," the story of how billionaire Peter Thiel brought down the gossip site Gawker. We discuss the unintended consequences of Thiel's success, the economics of outrage, Stoicism, opening a bookstore during COVID, and much more.
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CBS News Roundup - World News Roundup: 07/20
Jeff Bezos and three others set to blast of to the edge of space. Delta variant boosts virus case numbers Containing COVID at the Olympics. CBS News Correspondents Gayle King in Van Horn, TX, and Steve Kathan have today's World News Roundup.
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Time To Say Goodbye - Haiti and Cuba, COVID Delta, and Listener Qs
Hello!
This week: two pressing topics from the news and listener questions.
First, we talk about the political crises in Haiti and Cuba and questions of U.S. empire and intervention. Though military invasions have become less savory, on Monday, U.S. officials still informally dictated Haiti’s choice for interim president. We place the news in geographic and historical context and draw connections to East Asia. Also: the hallowed place of the Haitian and Cuban revolutions for leftists (and academics), the logic of anti-imperialist and “decolonial” politics (think Latin American tankie-ism), and how best to understand the Caribbean today.
Second, we discuss the spiraling numbers of Covid infections and hospitalizations among unvaccinated people in the U.S., especially in Black and Latino communities. How do these numbers square with mainstream media coverage of the unvaccinated? Is race the best framing? How bad will things get in the next few months?
Not to mention how horribly things are going in the Global South, thanks to vaccine apartheid.
Finally, some listener questions:
* Brinda asks for reading recommendations. (Andy’s is a follow-up on the CRT episode: a feature on Chris Rufo in The New Yorker).
* Daffodilly asks about “the academy” and “academia.”
* And So Long, Lillian asks about intra-Asian (inter-Asian?) matrimony. (There are some studies!)
Please share, contact us, and subscribe!
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This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit goodbye.substack.com/subscribe
Headlines From The Times - The Latino revolt against California’s Prop. 187
We hear from the Latinos who were about to lose the battle over Proposition 187 — but ended up winning California.
This is Part Two of our rerun of the L.A. Times-Futuro Studios 2019 podcast series "This is California: The Battle of 187," about the 1994 California ballot initiative that sought to make life miserable for undocumented immigrants but instead radicalized a generation of Latinos in the state.
Further reading:
Giant steps: Walkouts against 187 trace the growth of an issue into a cause
L.A. march against Prop. 187 draws 70,000
Prop. 187 forced a generation to put fear aside and fight. It transformed California, and me