Lever Time with David Sirota The Lever

Yesterday, the government introduced a new rule to remove $49 billion in medical debt that’s currently listed on Americans’ credit reports. Rep. Ro Khanna (D-Calif.) wants to go even further by establishing a grant program to actually cancel the  $220 billion in medical debt that Americans owe. If signed into law, the program could relieve the debt burden for more than 100 million people. 
Today on Lever Time, Khanna sits down with senior podcast producer Arjun Singh to discuss the bill he’s cosponsoring with Sen. Bernie Sanders (I-Vt.), the chances of the legislation making it through the Republican-controlled House, and his thoughts on the upcoming presidential election.

Today, we're excited to share the first episode of a new series from our friends over at the podcast City Cast Denver. City Cast Denver is a daily news podcast that connects listeners with what's happening in and around Denver. In their first spinoff series, "Lauren Boebert Can't Lose," the team at City Cast Denver look at key moments from Congresswoman Lauren Boebert's life just ahead of Colorado's June 25th Republican primary, where Boebert's congressional career could come to an end.
You can find the rest of the series here. 

Is the TurboTax era over? Recently, the IRS announced they plan to roll out a free program that will let Americans directly file their taxes online without using expensive tax-assistance programs. The move could have happened more than two decades ago, if not for corporate lobbyists. Today on Lever Time, we look at the 20-year war waged by tax-prep companies like Intuit and H&R Block to stop the government from letting people file online for free. 
In the early 2000s, alarmed by calls from the George W. Bush White House to create a public tax filing platform, Intuit, the parent company of TurboTax, went on a lobbying blitz. The government agreed to back down, but only if tax-prep companies allowed low-income taxpayers to file for free. On paper, the tax-prep firms agreed — but in reality, they used deceptive tactics to manipulate taxpayers into paying for their software.

Behind nearly every hamburger or chicken nugget handed out in a school cafeteria is JBS Foods, a multi-billion dollar conglomerate run by a billionaire butcher family who bribed their way to become the world’s largest meat processor. Today on Lever Time, we look at how JBS captured the meat market, harmed workers, pulverized the environment, and generally tainted all your lunch meats with a hefty dose of corporate corruption.
Every year, the U.S. government gives JBS Foods millions of dollars in subsidies, on top of the millions more it pays the company to supply meat for school lunches and the military. Despite JBS’ long history of illegal behavior, its market dominance has made it impossible for the government to avoid working with them, according to Agriculture Secretary Tom Vilsack. JBS isn’t an outlier; today, a handful of companies control most of the country’s agricultural supply. 

Is Ticketmaster too big to fail? It’s the question some musicians and small venue owners are asking in the wake of the Justice Department’s decision to sue Ticketmaster and its parent company Live Nation Entertainment over its alleged monopoly in the music industry. Today on Lever Time, Morgan Harper, an antitrust expert, and Greg Saunier, founder of the indie band Deerhoof, debate the strength of the Justice Department’s case, and whether a win in court would meaningfully benefit musicians, independent music venues, and fans themselves.
Ticketmaster has drawn the ire of musicians for decades. In 1994, members of the rock band Pearl Jam went to Congress alleging Ticketmaster was engaged in price gouging — but nothing happened. Instead, the government allowed Ticketmaster to grow even bigger, giving it massive influence over most of the music industry, gouging customers, and strong-arming musicians into signing away the rights for their tours. 

Today on Lever Time, we dive into the heart of Capital One and hear from a former employee about the credit card titan’s tactics to keep customers forever submerged in debt. 
When President Joe Biden moved to cap credit card late fees in March, the financial industry revolted — filing multiple lawsuits against the administration of a man once dubbed one of the banking industry’s favorite senators.
Why are the credit card giants so threatened by losing their junk fees? How exactly have they assumed so much control of our financial lives?
In today’s episode of Lever Time, David Sirota and Arjun Singh go deep into the heart of the credit card industry and its lobbying army to hear how the industry has muscled its way into people’s wallets.