One Big BS Bill

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 12 July 2025

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: Trump's supersized “One Big Beautiful Bill” is now one big BS act. Felix Salmon, Emily Peck and Elizabeth Spiers the economic ramifications of congress passing the controversial megabill. Then, Trump’s trade war continues to shock and confuse. The hosts discuss the logic, or lack thereof, of his latest tariff proposals. And finally, buried in the big ol’ spending bill is something called a Trump Account which includes $1,000 for newborns. Should you open one? In the Slate Plus episode: The Plight of the Middle Manager Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello. Welcome to Slate Money, your guide to the business and finance news of the week. I'm Felix Salmon. I'm here with my former colleague, Emily Peck of Axios.
0:22.7	Hello, hello. I'm here with Elizabeth Spires, who's still got her New York Times gig.
0:28.0	Hello. And we have an unavoidably political slate money this week because the big beautiful
0:35.5	bill passed. It is now a big beautiful act we're going to talk
0:38.6	about what was in it what it all means we are also going to talk about the tariff situation
0:43.9	and what is going on with these brazy tariffs of Brazil and copper and all the rest of it
0:49.3	we have a whole segment on the trump accounts which is a thousand dollars going to your newborn if you're fortunate enough to have a newborn this on the Trump accounts, which is $1,000 going to your newborn, if you're
0:55.7	fortunate enough to have a newborn this year. It's all coming up on Slate Money.
1:06.3	I had the absolute pleasure of speaking to Pamela Anderson.
1:13.3	All thanks to the Dove Self-Esteen project.
1:17.2	We speak about the impact Y2K has had on women's body confidence and how Pamela has regained control.
1:19.6	The Dove Self-Esteen project is an amazing initiative
1:22.2	supported by science-backed methodology
1:24.5	to help us improve our relationship with our bodies.
1:28.1	To find more body confidence-building exercises, go to dove.com forward slash Y2K. That's Y2K, spelled W-H-Y2K.
1:36.8	The five-pound meal deal from McDonald's. Get a cheeseburger or mayo chicken, medium fries,
1:42.3	four McNuggets, and a medium soft drink for guess what?
1:45.2	That's right, five pounds.
1:48.0	It's not called the five pound meal deal for nothing.
1:51.6	From 11 a.m., not available on delivery.
1:53.5	Carbonated soft drink upgrade fees apply.
1:55.1	Participating restaurants, subjects of availability.
	...

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