Politics and Money: Budget, tax, and jobs!
November 14, 2014
Hosted by Andy Busch
This week on Engage with Andy Busch, we continue to look forward and try to anticipate what will happen in Congress on budget and taxes with our eye on how this impacts the economy and jobs.
Our first guest is great one: Senate Finance Committee's Minority Staff Chief Economist Bill Beach. Mr. Beach is responsible for the Committee’s economic analysis and for preparing key components of the Senate budget.
We'll take about our country's $18 trillion in debt and what we can expect from the new Congress on how to change this.
Our second guest is JPM's Senior Economist for Commercial Banking Jim Glassman. We'll talk about the recent US jobs data and focus on wage growth. What this means for the economy, for the Fed, and for government will be covered as well.
Remember, you can download the podcasts on iTunes by first getting the free podcast app and then search for "Engage with Andy Busch."
Engage with Andy Busch
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Engage with Andy Busch will help you to explore and understand the top political and business stories with the brightest minds in the United States and the world. Most importantly, Andy will tell you how it impacts your life. With a sharp sense of humor and over thirty years in the markets, Andy speaks with top guests on an equal footing via his own experiences in politics and money, and shares his own successes and failures so you can learn from his experiences. Life’s complicated, let Andy help you figure it out.
Andrew B. Busch is the editor of the global market and public policy newsletter, “The Busch Update.” He is a regular on CNBC’s Talking Numbers, which appears every day on Street Signs and Yahoo Finance. His views can be found on his website, andrewbusch.com, as well as CNBC and Yahoo. He was a panelist on CNBC’s Money in Motion from 2012-14. He was the host of “Politics and Money” on First Business from 2000-03.
For 22 years, he was with BMO Capital Markets and has written the Busch Update for the last 13 years. He was named BMO’s Global Currency and Public Policy Strategist in 2007. Based in Chicago, he is a recognized expert on the world financial markets and how these markets are impacted by political events. He provides clients with analysis on public policy issues for China, Europe and the United States.
On a regular basis, Andy consults with staff from Congress and think tanks on economic, financial market and tax issues. In 2011, Andy was asked to testify in front of Congress on the effectiveness of the 2009 Stimulus package. From 2004 to 2008, he was an outside advisor to the US Treasury Department and White House on the economy and financial markets. Andy had a similar role for the 2008 McCain campaign. He has met and advised the last three US Secretaries of the Treasury including John Snow, Hank Paulson and Tim Geithner. Andy is also a political consultant on campaign strategy for the 2014 US Congressional Mid-Term elections.