Make Me Smart

• Will Congress deliver Trump's tax cuts?

  Happy Tax Day, folks. While you’re hitting “Submit” on your returns, lawmakers in Washington are negotiating over what next year’s Tax Day could look like. Congress is aiming to pack President Donald Trump’s promised tax cuts into one behemoth reconciliation bill. But Caitlin Reilly, tax and economics reporter at CQ Roll Call, said there’s a long way to go before making these promises a reality. On the show today, Reilly explains why Congress is pursuing “reconciliation,” the accounting magic lawmakers are using to make certain tax cuts look free, and how the House and Senate will square two drastically different mandates for spending cuts. Then, we’ll look into how Boeing is getting caught up in the U.S.-China trade war. And, a tax professor answers the “Make Me Smart” question.Here’s everything we talked about today:"House Republicans Passed a New Budget. Here's What's in It." from The New York Times"Senate GOP passes budget plan, setting up a critical next phase for Trump agenda" from NPR"House GOP adopts budget framework, paving the way for Trump’s ‘big, beautiful bill’" from Politico "'Current policy' debate dogs budget reconciliation efforts" from Roll Call"Your cheat sheet to Congress’ budget fight" from PBS Newshour"China Goes After Boeing, Tells Airlines Not to Order New Aircraft From U.S. Jet Maker" from The Wall Street Journal We want to hear your answer to the “Make Me Smart” question. Email [email protected] or leave us a voicemail at 508-U-B-SMART.

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• Brexit ... but make it American

  Nearly a decade after Brexit, the British economy is still feeling the fallout. Now, President Donald Trump seems to be pulling from a similar playbook — with tariffs that could reshape the U.S. economy in eerily familiar ways. (Shocker, we know!) But first: Trump threatens to send Americans to prisons in El Salvador. The constitutional crisis alarm bells are ringing. Plus, poop in space is a bigger problem than you might think.Here’s everything we talked about today:"Trump again threatens to send Americans to prisons in El Salvador" from Axios"Fox Nation Plans Game Show About Isolated People Guessing What Trump Did In His First 90 Days" from The Hollywood Reporter"Trump admin shrinks federal Medicaid funding available to states" from Axios"HHS Lays Off All Full-Time Cruise Ship Health Inspectors Amid Illness Outbreaks: Report" from The Huffington Post"NASA offers $3M in competition to recycle human poop in space" from UPI"How Brexit, a Startling Act of Economic Self-Harm, Foreshadowed Trump’s Tariffs" from The New York Times"Meet the Comedian Putting Trump Voter Regret to Music" from Rolling Stone Got a question for our hosts? Email [email protected] or leave us a voicemail at 508-U-B-SMART.

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• Selling America

  Amid this week’s tariff turmoil, U.S. stocks tumbled, U.S. Treasurys sold off, and the U.S. dollar weakened. Kai explains what this triple sell-off could mean for the future of the American economy. And, is the era of cheap stuff in America over? Donald Trump administration officials are arguing it’s a good thing. We’ll get into it. Plus, we’ll weigh in on penguin memes and using public phones during a round of Half Full/Half Empty. Here’s everything we talked about today:"Treasury Secretary Bessent says the American dream is not about 'access to cheap goods'" from CNBC"Cheap Consumer Goods Are the American Dream, Actually" from Bloomberg"The Trump administration says cheap goods aren’t part of the American dream. They’re wrong." from Vox"The bond market is acting weird. It spooked Trump" from CNN Business"After Trump’s Tariffs, Stocks Plunged but Penguin Memes Ticked Up" from The New York Times"More students opt for certificates as undergraduate degree earners decline" from Marketplace"A Frenzy at Trader Joe’s: ‘Everyone’s Here for the Tote Bags’" from The New York Times"The Masters offers public phones as alternatives to cellphones. Here's what attendees think" from Fast CompanyGot a question for our hosts? Email [email protected] or leave us a voicemail at 508-U-B-SMART.

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• Your hot takes on this week's tariff insanity

  Today, it’s all YOU! We’re diving into the mailbag to play your voicemails, read your comments, and answer your questions after a wild week of tariff insanity. We’ll hear from YOU on how you’ve been riding the economic uncertainty. Plus, is Trump’s tariff pause, really a pause? And a listener shares what it’s been like teaching elementary students about tariffs. Here’s everything we talked about today:“US-China Trade War Tariffs: An Up-to-Date Chart” from the Peterson Institute for International Economics“The Fiscal and Economic Effects of the Revised April 9 Tariffs” from The Budget Lab at YaleMillion Bazillion by MarketplaceJoin us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

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• Another day, another tariff switch-up

  The world woke up to a very different economy today. Then, President Donald Trump announced a 90-day pause on some of his tariffs. The news was announced as the official in charge of U.S. trade policy was testifying on Capitol Hill. We’ll break down the trade official’s tense exchange with lawmakers and the real consequences of this week’s market madness. Plus, we’ll laugh so we don’t cry about the economy.Here’s everything we talked about today:"U.S. Trade Rep. Testifies on Pres. Trump's Trade & Tariff Agenda" from CSPAN"Live updates: Trump orders 90-day pause on new tariffs except for China" from CNN Bluesky post from Jeva Lange How are you coping with the tariff whiplash? Email [email protected] or leave us a voicemail at 508-U-B-SMART.

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