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?

Here’s everything we talked about today:

• “Could Trump actually get rid of the Department of Education?” from Vox
• “Is It Possible for Trump to Shut the Department of Education?” from The New York Times
• “Donald Trump Tax Plan Ideas: Details and Analysis” from the Tax Foundation
• “Both Harris and Trump want to eliminate federal taxes on tips” from Marketplace
• “As the election nears, Biden’s student debt agenda is in tatters. Will it hurt Harris?” from USA Today
• “What a Trump presidency might mean for student loan forgiveness” from NPR
• “As Trump Threatens a Wider Trade War, the U.S. Confronts a Changed China” from The New York Times
• “Why Alternatives To Tariffs Can Be More Effective” from NPR
• “Nontariff Barrier: Definition, How It Works, Types, and Examples” from Investopedia

Heads up: Tomorrow’s “Economics on Tap” episode won’t be livestreamed on our YouTube channel. But you can still listen wherever you get your podcasts.

President Biden’s hallmark Inflation Reduction Act set aside nearly $150 billion for various climate projects. But not all of that money has been spent, and President-elect Trump has vowed to take it back. The question, is how much money is leftover? Kimberly explains why it’s taken years to get the money out the door. Plus, we’ll unpack some gains in women’s sports and wage growth.

Here’s everything we talked about today:

• “Carbon emissions from fossil fuels hit record highs in 2024: report” from Axios
• “Dreaming of snow this winter? Look up the forecast in your area.” from The Washington Post
• “Fossil fuel CO2 emissions increase again in 2024” from the Global Carbon Project
• “The mystery number that’s key to whether Biden’s spending survives” from Politico
• “Women’s baseball players could soon have a league of their own again” from AP News
• Tweet from The Washington Post’s Heather Long about wage growth

Got a question for the hosts about the election, Trump’s next presidency and the U.S. economy? Email us at makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

COP29, the United Nations’ annual climate summit, is underway in Azerbaijan. This year’s conference is all about how the world will pay to deal with climate change. But Donald Trump’s election victory looms large over the talks. President-elect Trump could roll back United States climate policy like he did during his first term. On the show today, Gautam Jain, senior research scholar at Columbia University’s Center on Global Energy Policy, explains why climate investment won’t come to a complete halt under the next Trump administration. Plus, he weighs in on who might fill the void in global energy transition talks.

Plus, the message ExxonMobil CEO Darren Woods is sending Trump about the nation’s energy policy. And, how early is too early for Christmas lights?

Here’s everything we talked about today:

• “What Trump can do to reverse US climate policy − and what he probably can’t change” from The Conversation
• “COP29: What are the key issues at the UN climate summit in Baku?” from Reuters
• “Trump Victory Leaves China Calling the Shots at COP29 Climate Negotiations” from The Wall Street Journal
• “Burning Questions: What are the climate wins and setbacks from the election?” from Marketplace
• “Exxon chief urges stability in US climate policy, knocks carbon border tariffs” from Politico

We want to hear your answer to the Make Me Smart question. Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.