Posted by Ryan Faughnder

For Marketplace, Wed., July 27, 2011

The non-partisan Congressional Budget Office has scored both the Democratic and Republican debt-reduction plans. How much money would each save? David Gura explains how the debt ceiling debate affects employment. Corporate executives are insulating themselves from the possibly dire consequences of a government default. Rating agency Standard & Poor’s says the U.S.’s credit rating could be downgraded even if the feds come to an agreement. Commentator Robert Reich criticizes S&P for making the threat. Host Kai Ryssdal runs down your letters from the past week. Then we talk with Dartmouth’s Matthew Slaughter about the debt ceiling’s effects on the global economy. Jeff Tyler reports on how the U.S. is creating thousands of jobs in drug war-torn Juarez. The Fox network will soon set up a pay-wall for fans who want to see its shows online. And forget solar and wind. Steam power could be the next big thing in renewable energy.

Here are the songs we played:

• Tripped and Fell in Love – YACHTBuy

• Do it Again – Holy Ghost!Buy

• It Must Be Love – Labi SiffreBuy

• Crosses (Tiesto Remix) – Jose Gonzalez

• The Look – MetonomyBuy

• Steam Heat (Song by: Richard Adler and Jerry Ross from “The Pajama Game”) – Liza Minnelli and Tracy Everitt