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Wed October 16, 2013
Episode 491: The Debt Ceiling, Obamacare And Welfare
Originally published on Wed October 16, 2013 3:21 pm
On today's show: Three ripped-from-the-headlines stories from Planet Money.
If the government defaults on its debt, people all over the world who have loaned the government money won't get paid on time.
Obamacare won't work unless healthy people buy insurance. No one knows whether they will.
A new paper argues that the value of various welfare benefits add up to well over $30,000 a year. People on welfare disagree.
Note: These stories initially aired on the radio. Music: Black Joe Lewis & The Honeybears' "I'm Broke" and M83's "Steve McQueen." Find us: Twitter/ Facebook/Spotify/ Tumblr. Download the Planet Money iPhone App.