Economics

Policy: U.S. Economics

Fed Raises Interest Rates to Highest Level in 22 Years

Federal Reserve raised federal funds rate by 25 basis points at July FOMC policy meeting, lifting target range to 5.25–5.50 percent. Vote was unanimously.
Obama signing resolution

President Obama’s Smashing Success Story: Greatly Increasing The Power Of Government

Charles Kadlec ~ Forbes - Success, like beauty, is in the eye of the beholder. The traditional measure of the success of an Administration’s economic...
California Taxes

The 2020 California Tax Grab

Like a bad zombie movie where no one really dies, California’s “split roll property tax” is back. The last time it had a heartbeat...

Freedom and Prosperity: The 2019 Index of Economic Freedom

The Index of Economic Freedom (www.heritage.org/index) celebrates its 25th Anniversary in 2019! The Index evaluates government policies and economic conditions in 186 countries. Since...

Debt ceiling deadlock centers on 2024 spending levels

White House and House Republican negotiators are at stalemate over capping spending levels in the 2024 budget. Deadlock resulted in pause in debt ceiling talks.

Why you are wrong about Universal Basic Income | The power of AI within...

Many people are uniting behind the idea of universal basic income with the assumption that it will give them greater freedom and more free...
Tim Scott Congress Blog - The Hill

US Must Move To Territorial Tax System To Stay Competitive The Hill

Rep. Tim Scott (R-SC) writes in a blog for The Hill, exploring tax code reforms, explains, "Even a temporary repatriation tax break down to...
The Trump White House

President Donald J. Trump’s Three Years of Restoring American Strength And Prosperity

America is thriving, America is flourishing, and yes, America is winning again like never before. ~ President Donald J. Trump UNDERTAKING AN ECONOMIC REVIVAL:...

IN-DEPTH: State Auditors Say ESG Agenda Has Forced Them to Push Back

Louisiana State Treasurer: 'I didn't bring a fight to anybody, but corporate America has engaged us in a way that we have to push back on behalf of taxpayers.'

Trump Trade Proposals

The Trump campaign's senior trade advisor and the former Nucor CEO, Dan DiMicco, discusses Donald Trump’s economic plan including trade.
United States Capitol

Fighting Continues and Tax Rates Rise With 2013 Fiscal Cliff Deal

By Paul Wiseman and Christoper S. Rugaber, AP Economics Writers WASHINGTON (AP) — A last-minute deal will keep the U.S. from driving off the so-called...

SEC Boss Says AI-Triggered Financial Crisis ‘Nearly Unavoidable’ Without Regulation

Without regulations in place, the boss of the SEC expects a financial crisis stemming from the widespread use of artificial intelligence in the next decade.