
Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Horsley spent a decade on the White House beat, covering both the Trump and Obama administrations. Before that, he was a San Diego-based business reporter for NPR, covering fast food, gasoline prices, and the California electricity crunch of 2000. He also reported from the Pentagon during the early phases of the wars in Iraq and Afghanistan.
Before joining NPR in 2001, Horsley worked for NPR Member stations in San Diego and Tampa, as well as commercial radio stations in Boston and Concord, New Hampshire. Horsley began his professional career as a production assistant for NPR's Morning Edition.
Horsley earned a bachelor's degree from Harvard University and an MBA from San Diego State University. He lives in Washington, D.C.
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Forecasters say for the first time in more than six decades, more immigrants are likely to leave the U.S. than come in this year. That could be a drag on the economy.
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The House of Representatives has passed the One Big Beautiful Bill. The package extends existing temporary tax cuts, makes cuts to Medicaid and adds spending on border security and defense.
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Budget analysts say the GOP tax cut and spending bill would add trillions to the government's debt over the next 10 years. Interest on the debt already costs taxpayers about $1 trillion per year.
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The GOP tax cut and spending bill passed by the Senate this week is expected to add trillions of dollars to the federal debt over the next decade. The savings would mostly go to top earners.
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Waffle House has dropped its 50 cent surcharge on eggs as supplies rebound. The chain added the temporary charge in February, when avian flu sent egg prices to record highs.
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Canada scrapped a digital services tax that would have hit U.S. tech companies such as Google and Amazon after President Trump halted trade talks and threatened higher tariffs on Canadian imports.
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Fans of fireworks may get a little less bang for their buck this Independence Day. Most fireworks are made in China, which means they're now facing an import tax of at least 30%.
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Fans of fireworks may face higher prices this Fourth of July. That's because most fireworks are made in China and importers now have to pay tariffs of at least 30%.
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The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also telegraphed their plans for possible rate cuts later this year.
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Consumer prices in May were up 2.4% from a year ago, but inflation eased on a monthly basis, according to the latest figures from the Labor Department