4.6 • 911 Ratings
🗓️ 6 March 2025
⏱️ 26 minutes
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0:00.0 | Support for this podcast comes from Is Business Broken, a podcast from BU's Mayrotra Institute that explores questions like, why are executives paid so much? Do they deserve it? Listen wherever you get your podcasts. |
0:16.3 | WBUR Podcasts, Boston. |
0:25.9 | Trump promises big changes to social security. |
0:30.9 | But we're going to find out where that money's going and it's not going to be pretty. |
0:40.6 | The former head of the Social Security administration says government cuts could throw the system into chaos. |
0:55.7 | It's Thursday, March 6th, and this is here and now anytime from NPR and WVR. |
0:56.7 | I'm Chris Bentley. |
1:05.6 | Today on the show, one pro-Trump businessman says new tariffs are affecting his supply chain. |
1:11.7 | Now he says he's looking at moving some production out of Mexico, but not to the U.S. |
1:16.1 | Also, the White House is holding a crypto summit Friday. |
1:21.1 | One of the big topics of discussion is an idea that the crypto industry lobbied for, |
1:28.5 | in which Trump floated over the weekend, establishing a strategic reserve of Bitcoin and other digital assets. |
1:35.6 | I mean, this is like a transfer of money from people who pay taxes to people who already own cryptocurrency. |
1:40.7 | That club includes members of Trump's cabinet, by the way, as well as his family. |
1:47.5 | More on that story in about 15 minutes. |
1:52.7 | But first, the Trump administration wants to cut thousands of jobs at the agency that disperses payments to retirees, people with disabilities, and other benefits to tens of |
1:58.7 | millions of Americans. |
2:00.3 | The Social Security Administration is already at its lowest staffing level in decades, |
2:06.0 | and employees tell NPR morale at the agency is extremely low. |
2:11.2 | And that was even before President Trump devoted a good chunk of his address to Congress on Tuesday |
2:16.0 | to making false statements |
2:18.1 | about widespread fraud in the program and dead people getting benefits. |
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