Total National Debt as of 12/18/2017 (source)
California Republicans Push to Preserve Income-Tax Deduction

California Republicans Push to Preserve Income-Tax Deduction

House Majority Leader Kevin McCarthy is looking to make a last-minute push to preserve the income-tax deduction. Proponents of this […]

Tax Overhaul Marked by Blinding Speed

Tax Overhaul Marked by Blinding Speed

The Republican tax plan is moving at a tremendous speed for such broad legislation. Since the day the House Ways and […]

Senate Bill Hits Obstacle Over Deficit Concern

Senate Bill Hits Obstacle Over Deficit Concern

Tax reform hit quite the roadblock yesterday as parliamentary procedure wouldn’t allow the GOP’s deficit triggers to be implemented. The […]

House GOP to Propose Sweeping Changes to Higher Education

House GOP to Propose Sweeping Changes to Higher Education

Republicans are looking to make sweeping changes in higher education. The PROSPER Act, (Promoting Real Opportunity, Success, and Prosperity Through […]

Tensions Are High as Mulvaney Arrives at Embattled CFPB

Tensions Are High as Mulvaney Arrives at Embattled CFPB

The White House Budget chief and an Obama-era official are both claiming rights to lead the CFPB. The agency was created […]

FCC to Outline Plan to Roll Back Net-Neutrality Rules

FCC to Outline Plan to Roll Back Net-Neutrality Rules

Federal Regulators at the Federal Communications Commission (FCC) are planing to roll back net neutrality regulations. This move could drastically […]

House Passes GOP Bill to Overhaul Tax System

House Passes GOP Bill to Overhaul Tax System

WASHINGTON—The House of Representatives passed a bill that would usher in the most extensive overhaul of the U.S. tax system […]

U.S. Industrial Production Increased Strongly in October

U.S. Industrial Production Increased Strongly in October

In October, U.S. manufacturing made a strong recovery in the wake of a severe hurricane season. Manufacturing accrued a one-month […]

Senate GOP Adds Health-Care Twist to Tax Overhaul Plan

Senate GOP Adds Health-Care Twist to Tax Overhaul Plan

As the tax reform debate continues, a new element has been added into the equation.  Senate Republicans attached a provision to […]

Steven Mnuchin Says Trump Won’t Bend on Corporate Tax Rate of 20%

Steven Mnuchin Says Trump Won’t Bend on Corporate Tax Rate of 20%

WASHINGTON- Treasury Secretary Steven Mnuchin said the Trump Administration would refuse to support legislation with a corporate tax rate of […]