Feb 5, 2025

So, about those tax cuts from Trump’s first term…

Jabin Botsford/The Washington Post via Getty Images

Some of President Donald Trump's 2017 tax cuts are set to expire this year. We take a look at their economic impact. Plus, the legal outlook on Elon Musk gaining access to the Treasury's payment system.

Segments From this episode

Trump's Second Term

Is the way Trump and Musk are running the economy even legal?

by Kai Ryssdal and Andie Corban

Feb 5, 2025

Kai Ryssdal speaks with an expert in constitutional and administrative law about how the Trump administration is running the economy.

Treasury Secretary Scott Bessent, left, and Howard Lutnick, Donald Trump's nominee for Commerce Secretary, stand Behind President Donald Trump on February 3, 2025.

Anna Moneymaker/Getty Images

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The services part of the economy is growing much faster than the part that makes things

by Sabri Ben-Achour

Feb 5, 2025

ADP estimates that the services sector gained 190,000 jobs in January and the production sector lost 6,000.

The "making things" part of the economy — think manufacturing and construction — lost jobs in January. But the services sector gained a ton.

Brian van der Brug/Los Angeles Times via Getty Images

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Los Angeles Wildfires

Loss of costly homes in urban areas made LA wildfires a financial disaster

by Caleigh Wells

Feb 5, 2025

A UCLA report estimates $75 billion in insured losses alone, far more than the next four most destructive California wildfires combined.

Most homes lost in the Eaton blaze were built long before modern fire codes, making them more vulnerable.

Allen J. Schaben/Los Angeles Times via Getty Images

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National Debt

A look at the economic impact of the 2017 tax cuts

by Stacey Vanek Smith

Feb 5, 2025

The Trump administration said the tax cuts would pay for themselves, but according to a study “that's just not true at all."

Donald Trump signing into law the Tax Cut and Reform Bill, a $1.5 trillion tax overhaul package, in December 2017.

Jabin Botsford/The Washington Post via Getty Images

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Adventures in Housing

This couple took living on the water to a whole new level

by Nicholas Guiang

Feb 5, 2025

In 2021, Sarah and Brandon Jones moved to a floating cabin on Lake Fontana in western North Carolina. Even after renovations, living on the water was cheaper than land.

Since buying their first floating cabin in 2021, Brandon and Sarah Jones have bought, renovated and sold two more floating cabins.

Courtesy Sarah Jones

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Music from the episode

Green Eyes Arlo Park

Fu-Gee-La Fugees, Ms. Lauryn Hill, Wyclef Jean, Pras

Carefully Little People

When the Lights Go Down Prince

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Andie Corban Producer I

Sarah Leeson Producer I

Sean McHenry Director & Associate Producer II

Sofia Terenzio Associate Producer I

Jordan Mangi Assistant Digital Producer

Nicholas Guiang Assistant Producer

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