<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’s second term. We’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’s student debt relief plans go from here. Plus, if not tariffs, then what?</p>
<p>Here’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">“Could Trump actually get rid of the Department of Education?”</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">“Is It Possible for Trump to Shut the Department of Education?”</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">“Donald Trump Tax Plan Ideas: Details and Analysis”</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">“Both Harris and Trump want to eliminate federal taxes on tips”</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">“As the election nears, Biden’s student debt agenda is in tatters. Will it hurt Harris?”</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">“What a Trump presidency might mean for student loan forgiveness”</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">“As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China”</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">“Why Alternatives To Tariffs Can Be More Effective”</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">“Nontariff Barrier: Definition, How It Works, Types, and Examples”</a> from Investopedia</li>
</ul>
<p>Heads up: Tomorrow’s “Economics on Tap” episode won’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>