Congressional Budget Office

Peter Schiff: Damn The Deficits, Huge Tax Cuts Ahead!

For once, at least, this does not appear to be Trumpian braggadocio. It really may be the mother of all tax cuts. But if passed, what may this bunker buster do to the economy? While I have rarely met a tax cut I didn’t like, this one just may be more likely to send the economy into a downward spiral than it is to send up to orbit.

5 Actual 'Facts' About Tax Reform

Investors want to see corporate tax reform (including repatriation relief) succeed. Individual tax reform is a “Nice to have” but negotiations there could derail the corporate side.

The Main Highlights In Trump's Sweeping Tax Reform Proposal

There are two ways to summarize Trump's sweeping proposed tax plan: extremely amibitious in the grand scheme of things, with virtually no details. Oh, and one more thing: it has almost no chance of passing in its current form.

Jamie Dimon Warns "Something Is Wrong" With The US

"Our problems are significant, and they are not the singular purview of either political party. We need coherent, consistent, comprehensive and coordinated policies that help fix these problems. The solutions are not binary – they are not either/or, and they are not about Democrats or Republicans."

St. Louis Just Hiked Minimum Wage By 43%; Guess What Happens Next

"A new analysis by Dr. David Macpherson of Trinity University and Dr. William Even of Miami University finds that an $11 minimum wage in St. Louis would cost the city roughly 1,000 jobs, with the job loss mostly occurring among the city’s most vulnerable populations."

All Eyes On Washington: US Futures Rise On Hope Healthcare Vote Will Pass

Asian shares and S&P futures rose on optimism that today's rescheduled U.S. vote on health care will pass following Trump's Ultimatum to the Freedom Caucus. European stocks gave up some of Thursday’s gains, falling for the fourth time in five days, and moving further away from a 15-month high reached a week ago while the yen weakened for the first time in nine days.

Paul Ryan Reveals Latest Changes To Republican Healthcare Bill

House Speaker Paul Ryan revealed on Sunday the latest set of changes to the Republican healthcare overhaul bill, among which the provision for more generous tax credits for older Americans as well as the addition of a work requirement for the Medicaid program for the poor.

GOP Makes Healthcare Changes To Attract Votes As Trump Declares "Obamacare Is Dead"

"I want people to know ObamaCare is dead; it's a dead healthcare plan.  These folks were no’s, mostly no's, yesterday, and now every single one is a yes.  Only because everyone knows it's on its last, dying feet, the fake news is trying to say good things about it, the fake media. There is no good news about ObamaCare. ObamaCare is dead."