On MSNBC’s Morning Joe today, Steven Rattner presented new data on higher incomes in 2016, especially for women, but huge income inequalities persist. The biggest news was that median household incomes, after adjustment for inflation, rose by 3.2% last year on top of a 5.2% gain in 2015. While the Census Bureau has adjusted its […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts explaining how President Trump has been doing a lot of bragging on Twitter and in interviews about his economic accomplishments, but the evidence suggests that he doesn’t have that much to boast about – at least not yet. […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts explaining how President Trump has been dispatching self-congratulatory tweets about his economic stewardship but the reality is that apart from the stock market, he has little to brag about. The economy continues to grow and add jobs at roughly the same rate it did under President […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts explaining how moving beyond 10 year budget “scoring” and using longer term projections – including some newly released analyses – shows more dramatically the ways in which the bill would favor the elderly over the poor. Additionally, the Congressional Budget Office released updated numbers late last […]
The Congressional Budget Office released its “score” of the Senate health care bill and while it confirms the impression that the Senate bill is ever so slightly less draconian than the House bill, the result is still disastrous for the 22 million Americans who will become uninsured and the millions more who will find their […]
President Trump is trying to pivot from investigations to policy but he may not find much happiness among his base as the impact of his proposals on them becomes clear. Let’s look at three examples: The President wants to cut Medicaid spending in […]
Steven Rattner testified this morning before the House Ways and Means Committee on tax reform. It has now been more than 30 years since our revenue code was last thoroughly overhauled. Since that time, many loopholes and methods of achieving avoidance have crept into the system. In his testimony, Steve discussed that it’s about time […]
A gaggle of Trump Administration officials paraded through the Sunday talk shows to proclaim that the plan passed by Republicans in the House would not result in significant numbers of Americans losing their health care. This is patently absurd and has been contradicted by independent evaluators, notably the Congressional Budget Office. Because the House passed […]
The Republican leadership added $8 billion of funding to the ACA replacement plan yesterday and secured two additional votes from Republican congressmen. But that amount is barely a drop in the bucket for those with pre-existing conditions. Note: for the related Morning Joe video, please click here. […]
President Trump promised a “massive” tax cut proposal and on that score at least, he delivered (although it was not the largest in history, as he had promised.) Note: for the related Morning Joe video, please click here. The plan that was unveiled […]