How Medicare payment cuts are hurting health care

Adjusted for inflation, Medicare pays doctors almost 30% less than it did in 2001, the American Medical Association says. And unless Congress intervenes, physicians will take another 3% cut in January. That decline in payment rates has a ripple effect through the health care system. Also in this episode: Investors celebrate Trump’s treasury secretary pick, print magazines are making a comeback and not everyone is thrilled with the outcome of COP29.