A bevy of fresh economic statistics and forecasts sheds a bit more light on the state of the U.S. economy, almost five months into Donald Trump’s second stint in the White House. It’s a picture of an economy that is slowing significantly, but without evidence yet of the anticipated jump in inflation from Trump’s round […]

 Elon Musk took to X on Tuesday to slam the tax plan passed by the House of Representatives less than two weeks ago and firmly endorsed by his former boss, Donald Trump. It’s a “disgusting abomination” that would “massively increase the already gigantic budget deficit,” he wrote in a series of 10 posts. “Congress […]

 In fits and starts, the House of Representatives is marching toward passage of President Donald Trump’s “one big, beautiful bill,” a sprawling assemblage of vast tax cuts and significant reductions in spending on Medicaid, the government’s health insurance program for the least well off. Consequentially, the bill, which includes its share of gimmicks, would […]

 President Trump took to Truth Social on Sunday to proclaim that the following morning, he would sign “one of the most consequential Executive Orders in our Country’s history,” an order that would reduce prescription drug prices “almost immediately, by 30% to 80%.”  But the next day, the announcement proved to be a lot of […]

Donald Trump’s Meet the Press interview caused shockwaves, particularly around his comments concerning constitutional questions. But the interview was also notable for the large number of misstatements and outright fabrications. Start with inflation. Trump’s claim that he was able to “get down the costs” was simply not true. Prices have continued to rise, at an […]