Over the past week, the White House has been completely overwhelmed by the Trump administration’s mushrooming medley of Moscow outrages. But to what Vox labeled the “3 Trump-Russia Scandals”—potential Trump collusion with Russia against...Show More Summary
With concerns rising that the market has gotten well ahead of itself over the practical reality of Trump tax cuts - most recently voiced by Goldman which over the weekend said that "we are approaching the point of maximum optimism and...Show More Summary
Two years ago, a bill blasted by critics as anti-LGBT upended the final days of a legislative session that Republican Gov. Asa Hutchinson had hoped to focus on tax cuts … Click to Continue »
This is how a republic is undermined: have the underlings cook up lies. lies, lies. As the White House staff tries to put together a budget for President Donald Trump, they face a fundamental problem. Trump has promised to cut taxes, increase spending on the military and infrastructure, and avoid cuts to Social Security and [...]
Investors are bullish on aerospace and defense companies amid expectations for tax cuts and increased federal spending
Eight years ago today, President Obama signed the economic stimulus bill into law, marking a major legislative triumph for his new administration. Sixteen years ago at this point, President George W. Bush had submitted his tax cut plan to Congress and was negotiating what would become the No Child...
A quest to repeat the Bush tax cuts, but without the fatal weakness.
By EconMatters We discuss the fact that the market could get all three of its wishes in tax cuts, an infrastructure spending plan, and deregulation and still go into a recession because the natural course of the business cycle trumps all of these on the margin policy growth drivers. Show More Summary
I’ve now watched the Trump presser yesterday three times. Not because I am a masochist who enjoys inflicting as much pain as possible on himself, but because I don’t think I appreciated the full madness of it the first time. The surreality of it all just overloaded my senses and I really couldn’t take it […]
The City Council is raising the stormwater fee by 50 percent but lowering the Sioux City property tax rate at the same time. The Sioux City Journal reports (http://bit.ly/2lenzoT ) … Click to Continue »
Motorists in London who own old polluting vehicles are to be hit with a new charge from October, Mayor Sadiq Khan said on Friday, two days after the EU ordered Britain to cut air pollution.
John McCain’s 2008 campaign slogan, “Country First,” does not describe the worldview of Republicans, suggested Pierce on Monday. For them, the Esquire blogger implied, it’s more like “GOP über alles.” The peg for the post was chit-chat...Show More Summary
Maine Sen. Angus King is among a group of lawmakers backing a proposal to eliminate a tax penalty that is currently levied on student loans forgiven for families after the … Click to Continue »
State lawmakers on Thursday disagreed with a Reagan-era economist who urged them to cut more business taxes instead of the sales tax on groceries to offset a gas tax hike … Click to Continue »
The Republican Party has an ACA problem. The ACA is deficit reducing. Most of that was because it raised taxes on upper income families and cut back Medicare reimbursement rates for Medicare Advantage. The Republicans are ideologically indifferent to cutting back Medicare Advantage reimbursement rates especially as Medicare Advantage has continued to grow in popularity so […]
Submitted by Kevin Muir via The Macro Tourist blog, The last couple of weeks have been wild. Egged on by Trump’s talk of “yuuugeeee” tax cuts, the stock market has propelled upwards in an unrelenting march to record highs. ZerohedgeShow More Summary
Democrats in the New Mexico House of Representatives are rallying around a package of tax and revenue measures designed to shore up state finances and stave off spending cuts to … Click to Continue »
Trump's honeymoon with capital markets is on the rocks, kept alive only by the occasional soundbite about "massive" or "phenomenal" tax cuts; it now appears that the US president's - until recently - amicable relationship with Russia...Show More Summary
Republicans have made it clear that they’ll put up with a lot from Donald Trump because they expect him to hand them their agenda of kicking people off their health coverage, cutting taxes for the wealthy, and weakening environmental and job protections. Show More Summary
Paul Ryan has big plans. He wants to repeal the Affordable Care Act, privatize Medicare, and cut taxes, and to do so, he’ll need to stay in the good graces of Donald Trump—whatever the cost to his integrity. Samantha Bee dedicated aShow More Summary