Part of the deficit: Federal Reserve interest costs
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As the federal budget deficit widens, we’ll take a look at one contributing factor: the Federal Reserve’s obligation to pay interest to banks. It’s outpacing income the Fed makes from the securities it bought as part of its quantitative easing strategy. Also in this episode, women who’ve started their own businesses weigh in on the pros and cons compared to traditional jobs. Hydropower dams struggle in the face of changing weather patterns, and the H-1B visa application process may get some updates.
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