Spending cuts aren’t the only answer to the budget deficit

There’s been a lot of talk about the ever-growing U.S. federal deficit lately. That discussion has largely revolved around spending cuts. But the flip side of the issue— that is, increasing revenue — is largely ignored. We’ll get into what increasing the government’s revenue could look like and how an approaching expiration date for some Trump-era tax cut provisions could impact taxpayers in the coming years. Also, we’ll hear from UAW President Shawn Fain about the union’s tentative deal with Ford and the outsized CEO salaries that made headlines this year.

Here’s everything we talked about:

• • “UAW President Shawn Fain: We’ve got a tentative deal with Ford” from Detroit Free Press

• • “CD282: Chaos Fires McCarthy” from Congressional Dish

• • “Pentagon spending stuck in neutral even as lawmakers back budget boost” from Politico

• • “Do CEOs make too much money?” from Marketplace

• • “Let’s talk about revenue and the budget deficit” from Marketplace

• • “The Problem With a $2 Trillion Deficit” from The New York Times podcast “The Daily”

Join us tomorrow for Economics on Tap! The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern. We’ll have news, drinks, a game and more.