Matthew Yglesias

President Trump’s “big, beautiful bill” is a bad piece of legislation. It includes trillions of dollars in tax cuts that are very much tilted toward the rich, along with savage cuts to Medicaid, nutrition assistance and green energy. And on Tuesday, July 1, the Senate passed it in a 51-50 vote, with Vice President JD Vance as the tiebreaker. But bad policy only matters if people know about it, and a lot of people don’t — partly because there are an overwhelming number of provisions, and partly because the Trump administration is already flooding the zone with so many other major policy fights. So I asked Matt Yglesias, the author of the Slow Boring newsletter, back on the show to go through what is in this bill and why it has been so hard to build momentum for pushback. We spoke on Thursday, June 26.

On the first day of President Trump’s second term, he signed a record 26 executive orders. Some of them were really big. Others feel more likely messaging memos. And still others are bound to be held up in the courts. So what does it all amount to? What exactly in America has changed? In a former life, I co-hosted a podcast called “The Weeds” with other policy wonks at Vox, including Dara Lind and Matthew Yglesias. We’ve since gone our separate ways; Lind is currently a senior fellow at the American Immigration Council, and Yglesias is the author of the Substack newsletter Slow Boring. But since this was such a big policy week, I wanted to get some of the band back together. In this conversation, we discuss how much Trump’s immigration orders will actually change our immigration system; whether any of Trump’s orders address Americans’ concerns over prices; how serious Trump actually is about tariffs; and more.

According to the conventional rules of politics, Democrats should be on track for electoral disaster this November. Joe Biden’s approval rating is stuck around 42 percent, inflation is still sky-high and midterms usually swing against the incumbent president’s party — a recipe for the kind of political wipeouts we saw in 2018, 2010 and 1994. But that’s not what the polls show. Currently, Democrats are on track to hold the Senate and lose narrowly in the House, which raises all kinds of questions: Why are Republicans failing to capitalize on such a favorable set of circumstances? How did Democrats get themselves into this situation — and can they get out of it? And should we even trust the polls giving us this information in the first place? Matt Yglesias is a veteran journalist who writes the newsletter “Slow Boring” and co-hosts the podcast “Bad Takes.” And in recent years he’s become an outspoken critic of the Democratic Party’s political strategy: how Democrats communicate with the public, what they choose as their governing priorities and whom they ultimately listen to. In Yglesias’s view, Democrats have lost touch with the very voters they need to win close elections like this one, and should embrace a very different approach to politics if they want to defeat an increasingly anti-democratic G.O.P. We discuss why Yglesias thinks the 2022 polls are likely biased toward Democrats, how Republicans’ bizarre nominee choices are giving Democrats a fighting chance of winning the Senate, why Biden’s popular legislative agenda hasn’t translated into greater public support, the Biden administration’s “grab bag” approach to policymaking, why Yglesias thinks there’s been a “regime change” in how Democrats think about elections, how social media has transformed both parties’ political incentives, what the Democratic agenda should look like if the party retains both houses of Congress and more. Book recommendations: Famine: A Short History by Cormac Ó Gráda Slouching Towards Utopia by J. Bradford DeLong Strangers to Ourselves by Rachel Aviv Thoughts? Guest suggestions? Email us at [email protected]. You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs. “The Ezra Klein Show” is produced by Emefa Agawu, Annie Galvin, Jeff Geld and Rogé Karma. Fact-checking by Michelle Harris, Mary Marge Locker and Kate Sinclair. Original music by Isaac Jones. Mixing by Jeff Geld, Sonia Herrero and Isaac Jones. Audience strategy by Shannon Busta. Special thanks to Kristin Lin and Kristina Samulewski.