Everyone of a certain age knows the name Art Laffer. He was one of Ronald Reagan’s economists and remains a national treasure. And he’s the creator of the famous “Laffer Curve” positing that there is an optimal rate for taxation that yields the maximum dollar amount of taxes and the minimum pain on those paying […]
09
Apr
Apr
As illegal border crossings drop to new lows under the Trump administration, prosecutors are filing a record number of cases against illegal foreign nationals in the interior of the U.S., with the bulk being filed in Texas. In one week, U.S. attorneys in Texas filed more than 500 border crime cases, the most of any […]
09
Apr
Apr
A panel of inspectors general has been “wielding power” outside supervision of the president or Congress in targeting officials appointed during the first Trump administration that investigated waste, fraud, and abuse in government, according to a court filing. Inspectors general have become a contentious issue after President Donald Trump fired 17 in January. However, inspectors general appointed […]
08
Apr
Apr
Topline: The Federal Mediation and Conciliation Service, one of seven small agencies ordered to reduce its workforce in President Donald Trump’s March 15 executive order, had a payroll of $28.6 million in 2024, according to data obtained by OpenTheBooks. Of the agency’s 200 employees, 164 earned between $100,000 and $204,000. All but 15 […]
08
Apr
Apr
President Donald Trump appears to be effectively using the April 9 deadline for his country-by-country tariffs announced on April 2 with great effect in order to bring trade partners to the table, saying that a trade deal with South Korea is now “probable” in an April 8 Truth Social post. Trump made the announcement of an […]
08
Apr
Apr
The Supreme Court stayed a lower court judge’s order forcing the Trump administration to reinstate more than 16,000 probationary federal employees. The Supreme Court move will keep the employees off the payroll while lower courts resolve the underlying question of the firings’ legality. In the case, the American Federation of Government Employees—the largest public sector union in the […]
08
Apr
Apr
Hello, this is Victor Davis Hanson for The Daily Signal. I’d like to talk about the economy and politics very quickly. Whether you like it or I like it or whether the administration likes it or whether the Congress or the American people like it, the success or failure of President Donald Trump will hinge […]
07
Apr
Apr
President Donald Trump says the phone is ringing off the hook with trade partners anxious to make reciprocal trade deals after the President raised tariffs across the board among trade partners on April 2, before April 9 when the tariffs are due to take effect. For example, on April 4 Trump strongly signaled that trade negotiations could […]
07
Apr
Apr
As Senate Republicans work on the floor to pass a compromise budget resolution, fiscal watchdogs are warning that permanently extending President Donald Trump’s tax cuts will have dire consequences. The Senate’s amendment to the House’s $4.5 trillion budget resolution would theoretically subtract $3.8 trillion from the price tag by adopting a current policy baseline, which treats renewing the 2017 […]
07
Apr
Apr
President Donald Trump threatened to ratchet up tariffs against China after China upped its own tariffs against the U.S. in response to the president’s tariffs policy announcement earlier this month. The Chinese Communist Party raised its tariffs on U.S. goods to 34%, ignoring Trump’s warning not to retaliate, which does not include Chinese tariffs on […]