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Hey, it's Sarah Gonzalez. The economy has been in the news a lot lately. It's kind of always in the news and Planet Money is always here to explain it.
Each episode we tell a sometimes quirky, sometimes surprising, always interesting story that helps you better understand the economy.
So when you hear something about cryptocurrency or where exactly your taxes go, yes, I was.
Listen to the Planet Money podcast from NPR. Live fromRAH RAM Live from NPR News in Washington, I'm Noura
Rahm. A top Ukrainian official says the country's security service has hit more than 40 Russian
bombers in four airfields across Russia with drones. NPR's Joanna Kikissis reports.
JOANNA KIKISSIS Ukrainians are calling it Operation Trojan
Trucks.
Ukraine's security service used trucks to smuggle first-person view drones deep into
Russia then activated those drones to strike 41 heavy bomber jets.
Writing on social media, Ruslan Stefanchuk, the chairman of Ukraine's parliament, called
it quote, a brilliant operation with striking results.
We now have long-range haulers who deliver anything anywhere in the world he said.
Russia's defense ministry confirmed the attacks naming the air bases including one in Siberia
which is thousands of miles away from Ukraine. Joanna Kikissis NPR News Cave.
Meanwhile Russia launched hundreds of drones over Ukraine overnight.
Officials say most of the 472 drones were intercepted.
The increased attacks come as another round of direct peace talks between Ukraine and
Russia is scheduled to be held in Istanbul tomorrow.
The Department of Homeland Security has released a list of local governments it says are not
cooperating with immigration enforcement
in preparation for cutting funds to them. VPM's Judd Kahlil reports Virginia Republicans are
questioning that distinction. 33 local Virginia governments are on the list including in conservative
places. Hanover County officials in central Virginia said they didn't know why they made the list
and federal partners didn't explain.
Republican Governor Glenn Youngkin said he asked local governments to respond.
I think we'll see a bunch of them to say no, we don't belong on this list and they will
clarify that they are not sanctuary cities and I think the ones that don't do that, we
should collectively really ask why not?
One city, Martinsville, was listed as a county on the DHS list.
The city's police department pointed that out in their statement.
For NPR News, I'm Jad Khalil, in Richmond.
Congress returns tomorrow from its Memorial Day recess. The Senate is expected to take
up a huge tax cut and spending bill passed by the House last month. It would spend more
money on defense and less on Medicaid and other programs that benefit lower-income Americans.
Wealthier Americans would benefit more from reduced taxes.
The nonpartisan Congressional Budget Office says the bill would add trillions of dollars
to the national debt over 10 years.
Russ Voet, the director of the Office of Management and Budget, disagrees.
This bill doesn't increase the deficit or hurt the debt.
In fact, it lowers it by $1.4 trillion.
What some of the watchdogs have done is they have used CBO's artificial baseline, which
doesn't allow and assume that current tax law will be extended because of sunsets that
are in the law.
He was interviewed on CNN.
This is NPR News.
Police in Hickory, North Carolina are investigating a mass shooting during a party early this
morning. They say one person was killed and 12 others were wounded, one critically. No
arrests have been made. Federal forecasters are giving a heads-up that a geomagnetic storm
is expected to be severe that brings the chance of a spectacular
northern lights display across much of the U.S. tonight. NPR's Amy Held reports.
Amy Held Think of it as a nighttime salutation from
the sun. Sent Friday, a powerful coronal mass ejection that's basically a chunk of the
sun erupted, says the Space Weather Prediction Center, hurtling toward Earth. Charged particles
colliding with our atmosphere can create an aurora, also known as the Northern Lights,
shimmering sheets of purples, blues, and greens.
Tonight's could be visible as far south as Alabama, forecasters say, all the way to
Northern California. On a five-point scale, they put this geomagnetic storm at four. That's
severe, but less intense than last year's that lit up skies the world over and
disrupted some power and communication systems.
This time, forecasters say GPS and voltage control problems are possible.
Amy Held, NPR News.
The Atlantic hurricane season opens today.
The National Oceanic and Atmospheric Administration forecasts 13 to 19 named storms
this year, with 6 to 10 hurricanes. Director Mike Brennan is urging people get ready to
prepare a disaster kit and listen to local emergency officials. He says most fatalities
from hurricanes are due to inland flooding, sometimes far from the coast. I'm Nora Rahm,
NPR News. World news is important, but it can feel far away.
Not on the State of the World podcast.
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you'll hear firsthand the effects of US trade actions
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from NPR every weekday.