President Trump announced Wednesday that he supported the House approach of “one big beautiful bill” to enact his tax and spending cuts. The House will now move forward with a vote on their package next week. Enactment of the proposal would have profound effects on millions of Americans as well as on our fiscal […]

The latest inflation readings arrived and the news was not good, raising questions about the future direction of interest rates. Meanwhile, on a lighter note, the new administration got one policy move right: It announced that it would no longer mint pennies. Instead of ticking downward, the key inflation indicator instead ticked upward. Prices for […]

In a wild 48 hours, President Donald Trump imposed large tariffs on our three biggest trading partners (Mexico, Canada and China) and then paused them on our two closest neighbors for 30 days while the two sides try to work out a settlement. What that resolution might amount to remains unclear, particularly in the case […]

   President Donald Trump took office on Monday and immediately plunged into an unprecedented barrage of executive orders and policy pronouncements. On just his first day, the new president signed 26 executive orders, including one that overturned 67 orders that former president Joe Biden had issued over his four years. By comparison, Biden signed […]

At his press conference Tuesday, President-elect Donald Trump again alluded to his oft-repeated contention that he is inheriting an economy that is in a mess. Almost nothing could be further from the truth. Trump will arrive at a time when the economy has been performing exceptionally well and other challenges — from the border to […]