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What a second Trump term means for U.S. fiscal health

U.S. fiscal health is at higher risk after Trump won the election. Marketplace's David Brancaccio speaks with Harvard professor Jason Furman to learn more.
"President Trump was basically every week announcing a new area of income that would not be subject to tax," said professor Jason Furman. "You add all of that up, and it's more than $10 trillion worth of promises."
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The Trump 2.0 economy

Nov 8, 2024
In this week's "Make Me Smart" newsletter, we explore how President-elect Donald Trump's campaign promises could shape the U.S. economy over the next four years.
Iskandar Zulkarnaen / Getty Images

What a second Trump term would mean for the central bank

Nov 8, 2024
On Thursday, Fed Chair Jerome Powell wouldn’t rule out an interest rate hike next year, though that's not the plan at this point.
At Thursday's press conference, Federal Reserve Chair Jerome Powell wouldn’t rule out an interest rate hike next year.
Kent Nishimura/Getty Images

U.S. importers seek to load up ahead of tariffs

Nov 7, 2024
It’s unclear when or if tariffs are coming, but some businesses are increasing their overseas orders ahead of Trump's inauguration.
If President-elect Donald Trump keeps his campaign promise on tariffs, businesses would have to pay higher taxes and would likely pass those costs down to consumers.
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For public good, not for profit.

Energy barge businessman expects fewer mandates, fewer headwinds under new administration

Nov 7, 2024
Austin Golding says the oil and gas industry should meet climate goals via competition and evolution rather than constraints on production and transport.
"We're looking for a world that is competitive and not mandated," says Austin Golding at Golding Barge Line in Mississippi.
Andrew Caballero-Reynolds/AFP via Getty Images

Why the economy drove voters toward Donald Trump

Dissatisfaction with the economy drove voters to the polls. And Trump was viewed as the change candidate.
Matt McClain/The Washington Post via Getty Images

Trump says he'll claw back unspent money from the IRA. That may not be easy.

Nov 7, 2024
Because a lot of it is earmarked for congressional districts represented by Republicans.
The economics of renewable energy have changed since Trump was last president, per   UT Austin's Joshua Rhodes.
Karim Sahib/AFP via Getty Images