4.8 • 1.3K Ratings
🗓️ 5 June 2025
⏱️ 9 minutes
🧾️ Download transcript
Expect the White House to keep trying to claw back money that Congress appropriated and that the Trump administration is supposed to spend. Administration officials think they’ve found a loophole in the law that runs out the clock on federal funding through a process known as rescission. We'll hear more. Plus, a group of Altadena homeowners who lost houses to this year’s wildfires are banding together to try to keep rebuilding costs down.
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0:00.0 | Hey, if you're listening to this, I will assume you're at least interested in money, understanding the economy and finances as well. |
0:07.0 | And some of us now want to get the next generation interested as well. |
0:10.6 | So check out Million Bazillion, Marketplace's award-winning kids podcast that breaks down money to help dollars make more sense. |
0:17.1 | Tune into Million Bazillion wherever you find your favorite podcast. |
0:20.0 | A whole new season is out now. |
0:22.4 | Million bazillion is presented in partnership with Greenlight, the debit card and money app for kids and teens. |
0:27.0 | Greenlight helps kids and teens learn to earn, save, spend wisely, and invest. |
0:31.5 | When you sign up for a Greenlight account at greenlight.com slash million. |
0:35.4 | You know how you always want to know about everyone else's money? |
0:38.7 | On the podcast, what we spend, guests will for one week tell us everything they spend their money on. |
0:44.1 | My son slammed $6 with the blueberries in five minutes. |
0:47.5 | And everything that makes them feel. |
0:49.7 | I want to own a house. |
0:50.5 | I want to have a child. |
0:51.6 | But this morning, I really wanted a coffee. |
0:54.0 | Because at the end of the day, money is always about more than your balance. |
0:59.2 | Listen to and follow what we spend, an Odyssey Original podcast. Available now, wherever you get your podcasts. |
1:07.0 | A creative way to get federal money sent back. |
1:13.2 | I'm David Brancaccio in Los Angeles. |
1:19.8 | Trump administration officials have identified a possible loophole that could enable what are often termed clawbacks. |
1:23.4 | Marketplace is Nancy Marshall-Gensar joins us now to explain. |
1:27.1 | Well, this is a process known as rescission. |
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