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, DC, with his dog, Rosie.

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One of President Obama's top economic advisers is leaving the White House later this year, to return to his teaching job at Princeton. Since 2011, Alan Krueger has chaired the President's Council of Economic Advisers.

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Let's turn to another story for now: The acting head of the IRS has resigned, but is still facing questions about the agency. Lawmakers continue their probe into the federal tax agency targeting Tea Party groups seeking tax exemption.

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Now let's look little more deeply at this narrative of scandal. NPR's Scott Horsley has more.

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President Obama travels to Texas on Thursday for the second time in as many weeks. He will talk about job training and economic opportunity, but he may have a political opportunity on his mind as well.

Obama lost Texas by more than 1 million votes last year. But Democrats believe their fortunes in the Lone Star State may soon change, thanks to demographics and a new organizational push.

During the housing bust, taxpayers were forced to bail out mortgage giants Fannie Mae and Freddie Mac. But thanks to the real estate recovery, Fannie Mae could end up paying tens of billions of dollars back to the Treasury this summer.

That's just one of the factors behind a better bottom line for the federal government. This week, the Treasury Department announced it will pay down some of its debt for the first time in six years.

More online retailers would have to collect sales tax under a bill making its way through the U.S. Senate this week. The measure won strong bipartisan backing on a procedural vote Monday, and President Obama has said he would sign it.

The political battle over the bill pits online retailers against brick-and-mortar stores — and, in some cases, against other online sellers.

President Obama's newly released tax return shows his effective income tax rate was 18.4 percent last year. He'll likely pay a somewhat higher rate in 2013, and that tax bill would be even bigger if Congress were to adopt the recommendations in the president's own budget, unveiled this week.

President Obama is trying to regain some traction for federal gun control measures by visiting states that are moving forward on their own.

On Wednesday, the president speaks in Colorado, where lawmakers recently passed a series of bills requiring background checks for all gun purchases and limiting the size of ammunition magazines.

Obama would like to see similar measures adopted nationwide. But if Colorado serves as an inspiration for the president, it also provides a cautionary tale.

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