<p>Over the course of his campaign, President-elect Donald Trump made a lot of promises. What does that mean for the years ahead? Today we’re answering your questions about Trump&#8217;s second term. We&#8217;ll explain whether the Trump administration could actually eliminate the Department of Education, how income tax cuts for tips and overtime pay could impact the economy, and where the Biden administration&#8217;s student debt relief plans go from here. Plus, if not tariffs, then what?</p>
<p>Here&#8217;s everything we talked about today:</p>
<ul>
<li><a href="https://www.vox.com/education/384779/department-of-education-trump-musk-betsy-devos" target="_blank" rel="noreferrer noopener">&#8220;Could Trump actually get rid of the Department of Education?&#8221;</a> from Vox</li>
<li><a href="https://www.nytimes.com/2024/11/13/us/trump-close-department-of-education.html" target="_blank" rel="noreferrer noopener">&#8220;Is It Possible for Trump to Shut the Department of Education?&#8221;</a> from The New York Times</li>
<li><a href="https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/" target="_blank" rel="noreferrer noopener">&#8220;Donald Trump Tax Plan Ideas: Details and Analysis&#8221;</a> from the Tax Foundation</li>
<li><a href="https://www.marketplace.org/2024/08/13/harris-trimp-eliminate-federal-taxes-on-tips/" target="_blank" rel="noreferrer noopener">&#8220;Both Harris and Trump want to eliminate federal taxes on tips&#8221;</a> from Marketplace</li>
<li><a href="https://www.usatoday.com/story/news/education/2024/10/13/biden-harris-student-loan-debt-cancellation/75585064007/" target="_blank" rel="noreferrer noopener">&#8220;As the election nears, Biden’s student debt agenda is in tatters. Will it hurt Harris?&#8221;</a> from USA Today</li>
<li><a href="https://www.npr.org/2024/11/14/nx-s1-5188122/trump-biden-debt-student-loans" target="_blank" rel="noreferrer noopener">&#8220;What a Trump presidency might mean for student loan forgiveness&#8221;</a> from NPR</li>
<li><a href="https://www.nytimes.com/2024/11/11/business/trump-china-trade-war.html" target="_blank" rel="noreferrer noopener">&#8220;As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China&#8221;</a> from The New York Times</li>
<li><a href="https://www.npr.org/2018/06/21/622361914/why-alternatives-to-tariffs-can-be-more-effective" target="_blank" rel="noreferrer noopener">&#8220;Why Alternatives To Tariffs Can Be More Effective&#8221;</a> from NPR</li>
<li><a href="https://www.investopedia.com/terms/n/nontariff-barrier.asp#toc-types-of-nontariff-barriers" target="_blank" rel="noreferrer noopener">&#8220;Nontariff Barrier: Definition, How It Works, Types, and Examples&#8221;</a> from Investopedia</li>
</ul>
<p>Heads up: Tomorrow&#8217;s &#8220;Economics on Tap&#8221; episode won&#8217;t be livestreamed on <a href="https://www.youtube.com/playlist?list=PLyqnPeyY0m3U-jjNmDTouUL5mSZbAfOfA">our YouTube channel</a>. But you can still listen wherever you get your podcasts.</p>

Make Me Smart

Marketplace

Whaddya wanna know about a second Trump term?

NOV 14, 202412 MIN
Make Me Smart

Whaddya wanna know about a second Trump term?

NOV 14, 202412 MIN

Description

<p>Over the course of his campaign, President-elect Donald Trump made a lot of promises. What does that mean for the years ahead? Today we’re answering your questions about Trump&#8217;s second term. We&#8217;ll explain whether the Trump administration could actually eliminate the Department of Education, how income tax cuts for tips and overtime pay could impact the economy, and where the Biden administration&#8217;s student debt relief plans go from here. Plus, if not tariffs, then what?</p> <p>Here&#8217;s everything we talked about today:</p> <ul> <li><a href="https://www.vox.com/education/384779/department-of-education-trump-musk-betsy-devos" target="_blank" rel="noreferrer noopener">&#8220;Could Trump actually get rid of the Department of Education?&#8221;</a> from Vox</li> <li><a href="https://www.nytimes.com/2024/11/13/us/trump-close-department-of-education.html" target="_blank" rel="noreferrer noopener">&#8220;Is It Possible for Trump to Shut the Department of Education?&#8221;</a> from The New York Times</li> <li><a href="https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/" target="_blank" rel="noreferrer noopener">&#8220;Donald Trump Tax Plan Ideas: Details and Analysis&#8221;</a> from the Tax Foundation</li> <li><a href="https://www.marketplace.org/2024/08/13/harris-trimp-eliminate-federal-taxes-on-tips/" target="_blank" rel="noreferrer noopener">&#8220;Both Harris and Trump want to eliminate federal taxes on tips&#8221;</a> from Marketplace</li> <li><a href="https://www.usatoday.com/story/news/education/2024/10/13/biden-harris-student-loan-debt-cancellation/75585064007/" target="_blank" rel="noreferrer noopener">&#8220;As the election nears, Biden’s student debt agenda is in tatters. Will it hurt Harris?&#8221;</a> from USA Today</li> <li><a href="https://www.npr.org/2024/11/14/nx-s1-5188122/trump-biden-debt-student-loans" target="_blank" rel="noreferrer noopener">&#8220;What a Trump presidency might mean for student loan forgiveness&#8221;</a> from NPR</li> <li><a href="https://www.nytimes.com/2024/11/11/business/trump-china-trade-war.html" target="_blank" rel="noreferrer noopener">&#8220;As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China&#8221;</a> from The New York Times</li> <li><a href="https://www.npr.org/2018/06/21/622361914/why-alternatives-to-tariffs-can-be-more-effective" target="_blank" rel="noreferrer noopener">&#8220;Why Alternatives To Tariffs Can Be More Effective&#8221;</a> from NPR</li> <li><a href="https://www.investopedia.com/terms/n/nontariff-barrier.asp#toc-types-of-nontariff-barriers" target="_blank" rel="noreferrer noopener">&#8220;Nontariff Barrier: Definition, How It Works, Types, and Examples&#8221;</a> from Investopedia</li> </ul> <p>Heads up: Tomorrow&#8217;s &#8220;Economics on Tap&#8221; episode won&#8217;t be livestreamed on <a href="https://www.youtube.com/playlist?list=PLyqnPeyY0m3U-jjNmDTouUL5mSZbAfOfA">our YouTube channel</a>. But you can still listen wherever you get your podcasts.</p>