Scott Horsley

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.

Horsley spent a decade on the White House beat, covering both the Trump and Obama administrations. Before that, he was a San Diego-based business reporter for NPR, covering fast food, gasoline prices, and the California electricity crunch of 2000. He also reported from the Pentagon during the early phases of the wars in Iraq and Afghanistan.

Before joining NPR in 2001, Horsley worked for NPR Member stations in San Diego and Tampa, as well as commercial radio stations in Boston and Concord, New Hampshire. Horsley began his professional career as a production assistant for NPR's Morning Edition.

Horsley earned a bachelor's degree from Harvard University and an MBA from San Diego State University. He lives in Washington, D.C.

Two years ago Friday, Republicans in Congress passed a sweeping tax cut. It was supposed to be a gift-wrapped present to taxpayers and the economy. But in hindsight, it looks more like a costly lump of coal.

Passed on a party-line vote, the tax cut is the signature legislative accomplishment of President Trump's first term. He had campaigned hard for the measure, promising it would boost paychecks for working people.

It took seven decades after World War II to put together a system of free trade around the world. That system has been rocked in just the past seven days.

Last Tuesday, congressional Democrats agreed to an updated trade agreement with Canada and Mexico. Three days later, China agreed to its own, preliminary trade pact with the United States.

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It is a landslide victory for British Prime Minister Boris Johnson and his Conservative Party.

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House Democrats and organized labor have thrown their support behind an updated trade agreement among the U.S., Mexico and Canada. The announcement came on the same day Democrats unveiled articles of impeachment against President Trump.

"This is a day we've all been working to," declared House Speaker Nancy Pelosi. "There is no question, of course, that this trade agreement is much better than NAFTA. But in terms of our work here, it is infinitely better than what was initially proposed by the administration."

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Updated at 2:33 p.m. ET

U.S. employers added a better-than-expected 266,000 jobs in November in a sign the economy continues to power ahead.

The unemployment rate dipped to 3.5%. Job gains for the two previous months were revised up by a total of 41,000.

"It's a tremendous report," said White House economist Tom Philipson. "Obviously, it's something to be very happy about."

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