Three Undecided Voters, Two Swing States, One Big Decision

Carried interest is a loophole in the United States tax code that has stood out for its egregious unfairness and stunning longevity. Typically, the richest of the rich pay 40 percent tax on their income. The very narrow, select group that benefits from carried interest pays only 20 percent. Earlier versions of the Inflation Reduction Act targeted carried interest. But the loophole has survived. Senator Kyrsten Sinema, Democrat of Arizona, demanded her party get rid of efforts to eliminate it in exchange for her support. How has the carried interest loophole lasted so long despite its obvious unfairness? Guest: Andrew Ross Sorkin, a columnist for The New York Times and the founder and editor-at-large of DealBook.Background reading: What is the carried interest loophole and why hasn’t it been closed by now?Ms. Sinema’s puzzling defense of the loophole.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

15 Aug 202226min

It was a long-shot bet on liquid natural gas, but it paid off handsomely — and turned the United States into a leading fossil-fuel exporter.The journalist Jake Bittle delves into the storied career of Charif Souki, the Lebanese American entrepreneur whose aptitude for risk changed the course of the American energy business.The article outlines how Mr. Souki rose from being a Los Angeles restaurant owner to becoming the co-founder and chief executive of Cheniere Energy, an oil and gas company that specialized in liquefied natural gas, and provides an insight into his thought process: “As Souki sees it,” Mr. Bittle writes, “the need to provide the world with energy in the short term outweighs the long-term demand of acting on carbon emissions.”In a time of acute climate anxiety, Mr. Souki’s rationale could strike some as outdated, even brazen. The world may be facing energy and climate crises, Mr. Souki told The New York Times, “but one is going to happen this month, and the other one is going to happen in 40 years.”“If you tell somebody, ‘You are going to run out of electricity this month,’ and then you talk to the same person about what’s going to happen in 40 years,” he said, “they will tell you, ‘What do I care about 40 years from now?’”This story was written by Jake Bittle and recorded by Audm. To hear more audio stories from publications like The New York Times, download Audm for iPhone or Android.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

14 Aug 202230min

Five years ago, after decades of resistance, the Boy Scouts of America made a momentous change, allowing girls to participate. Since then, tens of thousands have joined.Today we revisit a story, first aired in 2017, about 10-year-old twins deciding which group to join, and find out what’s happened to them since.Background reading: In 2017, the decision to open up the Boy Scouts was celebrated by many women but criticized by the Girl Scouts, which said that girls flourish in all-female groups.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

12 Aug 202228min

This episode contains strong language and descriptions of an abortion.With the end of Roe v. Wade, Louisiana has become one of the most difficult places in the United States to get an abortion. The barriers are expected to disproportionately affect Black women, the largest group to get abortions in the state.Today, we speak to Tara Wicker and Lakeesha Harris, two women in Louisiana whose lives led them to very different positions in the fight over abortion access.Background reading: The Supreme Court decision to reverse Roe, far from settling the matter, has kindled court and political battles that are likely to go on for years.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

11 Aug 202253min

On Monday, federal agents descended on Mar-a-Lago, the private club and Florida home of former President Donald J. Trump, reportedly looking for classified documents and presidential papers.Trump supporters expressed outrage about the agency’s actions, while many Democrats reacted with glee. But what do we know about the search, and what comes next?Guest: Maggie Haberman, a White House correspondent for The New York Times.Background reading: The search at Mar-a-Lago was the culmination of a lengthy conflict between a president proud of his disdain for rules and officials charged with protecting the nation’s records and secrets.Experts say that the Justice Department would have carefully weighed the decision to carry out the search, suggesting that the investigation is serious and fairly advanced.Here is the timeline leading up to the search.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

10 Aug 202221min

This weekend, Democrats passed legislation that would make historic investments to fight climate change and lower the cost of prescription drugs — paid for by raising taxes on businesses.How did the party finally make progress on the bill, and what effects will it have?Guest: Emily Cochrane, a Washington-based correspondent for The New York Times.Background reading: Here’s what is in the climate, tax and health care package.How Senator Joe Manchin turned from a holdout into a deal maker.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

9 Aug 202228min

This episode contains descriptions of distressing scenes. In a landmark ruling, a jury in Texas ordered Alex Jones, America’s most prominent conspiracy theorist, to pay millions of dollars to the parents of a boy killed at Sandy Hook for the damage caused by his lies about the mass shooting.What is the significance of the trial, and will it do anything to change the world of lies and misinformation?Guest: Elizabeth Williamson, a feature writer based in the Washington bureau of The New York Times.Background reading: What to know about the defamation case against Alex Jones, the far-right conspiracy theorist who used his Infowars media company to spread lies about the Sandy Hook school shooting.The parents of a child killed in the Sandy Hook shooting were awarded $45.2 million in punitive damages at the conclusion of the trial. For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.  Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

8 Aug 202233min

The more he insisted that his name was Joshua, the more delusional he came to be seen.Journalist Robert Kolker tells us the remarkable story of Joshua Spriestersbach, a homeless man who wound up serving more than two years in a Honolulu jail for crimes committed by someone else.It was a case of mistaken identity that developed into “a slow-motion game of hot potato between the police, the courts, the jails and the hospitals,” Mr. Kolker writes. He delves into how homelessness and mental illness shaped Mr. Spriestersbach’s adult life, two factors that led him into a situation in which he had little control — a bureaucratic wormhole that commandeered and consumed two and a half years of his life.This story was written by Robert Kolker and recorded by Audm. To hear more audio stories from publications like The New York Times, download Audm for iPhone or Android. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.

7 Aug 202248min