The Congressional Budget Office (CBO) updated their projections on Monday and revealed a troubling prediction. According to the update released on Monday, this year’s federal budget deficit will rise to $804 billion, which puts the deficit on track to nearly hit $1 trillion around 2019. The projection
Read more →
The Chinese government made a decisive move in reaction to the tariffs imposed by the Trump administration that harmed China by implementing their own tariffs against American goods, ranging from soybeans to cars and other exports. According to reports, Beijing announced a plan on Wednesday that would
Read more →
President Donald Trump signed a $1.3 trillion spending bill on Friday in order to keep the federal government operating. The bill notably omitted a provision that protects the recipients of the Deferred Action for Childhood Arrivals (DACA) program. In an attempt to reassure the worried beneficiaries of
Read more →
Since the announcement of his campaign, concerns revolved around President Donald Trump’s business ventures. The president is a well-known businessman and he had run on that platform, but a desirable president must seek the well-being of the country, not his business interests. The Trump administration has ultimately
Read more →
A possible trade war has been looming over the U.S. since the Trump administration signed proclamations on March 8th, which imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports. Two countries were said to be exempt from the tariffs: Canada,
Read more →
President Trump just admitted at a fundraising dinner that he had made a bold move and lied to the Canadian Prime Minister Justin Trudeau. In a report from The Post, it was revealed that Trump told those in attendance that he had insisted to the Canadian prime minister
Read more →
On Monday, Georgia Lieutenant Governor Casey Cagle (R) stated that he would block any tax bill that directly benefits Delta Airlines following the company’s conclusion of a discount program for National Rifle Association members. “I will kill any tax legislation that benefits @Delta unless the company changes
Read more →
Anticipation has been mounting for the Trump Administration’s budget plan. On Monday, President Trump finally unveiled his proposed budget for the 2019 fiscal year, but unfortunately, the proposal makes significant slashes at some federal agencies and projects as part of an effort to reduce the federal deficit by
Read more →
Two big-ticket items were absent from President Donald Trump’s State of the Union address on Tuesday night: Medicare and Social Security. While these programs were omitted from the President’s speech, together the two programs use almost all of the government’s mandatory spending. In fact, in 2016, $588
Read more →
The GOP tax reform bill that was passed last year effectively provides the wealthiest Americans with economic benefits, while granting the average citizen some temporary benefits. After those temporary benefits fade, many Americans will be hurt by the tax bill. Those who have been hurt by the
Read more →
Donald Trump is well known for contradicting himself, his own administration officials, and even White House policy. On Thursday, he once again undercut one of his own officials, proving that he would rather feed his ego than learn from experts. President Donald Trump’s chief of staff, John
Read more →
A 2016 campaign sought to split the state of California into six smaller states. Other similar movements throughout the year have garnered nation-wide attention. These movements threaten to divide the country further and forcibly evolve a part of U.S. culture. While these movements may have some economic
Read more →