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Episode Date: June 4, 2025

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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. ago, yes I was. Listen to the Planet Money Podcast from NPR. Jack Spear Live from NPR News in Washington, I'm Jack Spear. Congressional forecasters say President Trump's tariffs could raise trillions of dollars over the next decade if they remain in place. NPR's Scott Horstley reports that could help

to offset much of the cost of extending the 2017 tax cuts, but there are a lot of ifs. The Nonpartisan Congressional Budget Office projects that tariff revenue could reduce the federal deficit by $2.8 trillion between now and 2035. That's more than the $2.4 trillion the House passed budget bill is expected to add to the deficit during that time. The tariff forecast assumes most of the import taxes currently in place survive legal challenges and are made permanent. It does not account for today's doubling of steel and aluminum tariffs or the prospect of higher tariff rates in the future. In addition to raising revenue, the CBO predicts the tariffs will lead to somewhat

higher inflation this year and next, as well as slower economic growth. Scott Horsley, MPR News, Washington. Three Democratic senators are appealing to Health Secretary Robert F. Kennedy Jr. to reverse recent changes to federal policy concerning COVID-19 vaccines. MPR's Rob Stein has that story. Senators Tammy Duckworth, Elizabeth Warren, and Lisa Blunt Rochester sent Kennedy a letter expressing their quote, extreme concern unquote about the new policies. The senators say they are especially concerned about the Centers for Disease Control and Prevention's decision to stop recommending the shots for healthy pregnant women. But the senators say the decision to drop the recommendation that parents routinely

vaccinate their healthy children and instead talk to their doctors about the vaccines is also alarming. The lawmakers say the changes could make it harder for people to get vaccinated against COVID. Rob Stein, NPR News. The U.S. private group distributing food and supplies in Gaza is suspending operations. NPR's Kary Kahn reports the decision comes after three deadly shootings near the group's distribution sites this week. The Gaza Humanitarian Foundation, or GHF, says it has paused food distribution for one day as it works to quote, update organization and efficiency. The group says it was not prepared to deal with the large crowds at one site 15,000 people

arrived in one hour. On Tuesday, Israel's military says it fired warning shots at, quote, suspects deviating from designated routes to the food distribution but did not fire into crowds. Eyewitnesses and health officials in Gaza say dozens were killed by Israeli gunfire. GHF just appointed evangelical leader Johnny Moore to its leadership. Moore has defended GHF's Gaza work, posting on social media that reports of deadly shootings were, quote, a lie. Kari Kahn, NPR News, Tel Aviv.

Smoke from Canadian wildfires is darkening the skies over sections of the US and creating unhealthy air in parts of the eastern US and several Midwest states. Wildfires forced thousands of Canadians to flee their homes. This is NPR. Amazon says it is expanding its cloud computing infrastructure and AI business in an area of rural North Carolina. The company today is saying it will invest $10 billion toward construction of a campus

facility in Richmond County. Amazon says the investment will create upwards of 500 jobs and support thousands of other construction and supply chain positions. Today Vietnam has announced an end to its decades-long limit of two children per family, Ashes Valentine reports. The move comes as Vietnam joins several other Asian nations struggling with low birth rates and population declines. Similar to China's one-child policy, families in Vietnam used to face penalties if they had more than two children. China officially ended its one-child policy, families in Vietnam used to face penalties if they had more than two children. China officially ended its one-child policy almost a decade ago when it realized its population

was aging rapidly. Vietnam's now doing the same, after its birthrate fell below the population replacement level a couple years in a row. But raising the birthrate once it falls has been tough throughout Asia. Vietnam's only the latest country to have to figure out how to deal with this increasingly global problem. For NPR News, I'm Ashish Valentine in Taipei. A teenage loggerhead turtle named Dilly Dally has returned to the Atlantic Ocean months after having to have a flipper amputated due to injuries suffered in a predator attack.

Officials at the Loggerhead Marine Life Center in Juneau Beach, Florida say the adolescent turtle was brought to them in January. After helping care for the turtle, rescue workers now say they've attached a satellite tracking device to Dilly Dally's shell, allowing the public to follow her journey. Center partnered with the Smithsonian to get the tag attached this week. I'm Jack Spear, NPR News in Washington.