As the U.S. and China escalate their tariff rates in an all-out trade war, two congressional committees held a joint hearing Wednesday on the problem of the Chinese Communist Party’s influence on American investment and possible solutions. The Chinese Communist Party is embedded in Chinese business to the extent that the assets of any American who has […]
10
Apr
Apr
President Donald Trump paused his latest wave of tariffs on Wednesday after making big promises to Americans about how the tariffs would reshape the global economy with the U.S. at the center. “I thought that people were jumping a little bit out of line,” Trump said. “They were getting yippie, you known a little yippie, […]
09
Apr
Apr
“This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates. He is always ‘late,’ but he could now change his image, and quickly.” That was President Donald Trump on Truth Social on April 4 urging Federal Reserve Chairman Jerome Powell to begin the process of cutting interest rates, something the central bank […]
09
Apr
Apr
In their latest effort to combat President Donald Trump’s America First policy initiatives, the Democratic National Committee (DNC) is launching a “war room”, which appears to be nothing more than a propaganda machine aimed at criticizing and undermining the Trump Administration online. According to a statement from newly anointed DNC Chair Ken Martin the “war room” will […]
09
Apr
Apr
President Donald Trump’s tax cuts from his first term helped low- and medium-income earners more than high earners, a new study from The Heartland Institute found. The conservative think tank based in Illinois examined Internal Revenue Service data from 2017, the year Trump signed the Tax Cuts and Jobs Act into law, through 2022, the most recent year that […]
09
Apr
Apr
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 […]