Medicare

Frontrunning: December 30

  • Russia Set to Expel 35 U.S. Diplomats in Tit-for-Tat (BBG)
  • Trump’s Plan to Partner With Russia Faces Bigger Hurdle (WSJ)
  • Trump could reverse effects of Obama order on Russia (Reuters)
  • Gold Lures Investors Worried About Trade Wars and Trump Tweets (BBG)
  • Syria truce backed by Russia, Turkey, holds but clashes reported (Reuters)

Frontrunning: December 29

  • Russia's Putin says Syrian government, opposition sign ceasefire deal (Reuters)
  • Snap’s IPO Pitch to Tout Service as ‘the Next Facebook’ (WSJ)
  • What History Has to Say About the Economy Trump Will Inherit (BBG) - zero mentions of the word "debt"
  • Trump tax reforms could depend on little-known 'scoring' panel (Reuters)
  • Debbie Reynolds Dies a Day After Daughter Carrie Fisher (BBG)
  • U.S. appeals court rejects SEC's use of administrative law judges (Reuters)

US Selloff Spooks Thinly Traded Global Markets Sending Stocks, Yields, Dollar Lower

One day after the biggest drop in US stocks in two months, global stocks struggled as they tried to close out 2016 on a positive note. The dollar dropped the most in two weeks, sliding alongside bond yields, while oil retreated from its highest close in 17 months. European stocks slid from a 2016 peak on renewed concerns about Italian banks.

Understanding The Trump Phenomenon

To get to where we want to go, the American political class has to be hit hard, and the media and the universities need to be exposed for the propaganda factories they are.

The Narrative Changes: Republicans "Pour Cold Water" On Trump's Massive Stimulus, Will Block Tax Cuts

Trump’s race to enact a "huge" stimulus went under a caution flag as Mitch McConnell warned he considers current levels of U.S. debt “dangerous”, and said he any tax overhaul should avoid adding to the deficit. "I think this level of national debt is dangerous and unacceptable." McConnell also poured cold water on the idea of a massive stimulus package, effectively laying out markers on taxes and spending.

Trump Picks Vocal Obamacare Critic Tom Price As HHS Secretary

In a choice that confirms Trump's intentions to dismantle Obamacare, Reuters reports that President-elect Donald Trump will shortly announce he has chosen vociferous Obamacare critic Tom Price (R. Ga), an orthopedic surgeon from Georgia, as his Health and Human Services secretary to help him overhaul the U.S. healthcare system.

Who Pays What Taxes In The US

Why does every election bring renewed focus on the taxes paid by the rich? Simple: while those American who declare $500,000 and above in income represent less than 1% of total tax returns, they account for a quarter of taxable income and - more importantly - are responsible for 37% of government revenues collected through individual income taxes.

More Lies From The 'Experts': "Get Trump At All Costs"

As flyover America has been suffering economically for many years, these Americans were immune to the oligarchy’s anti-Trump propaganda. However, everyone else in the country was taken in by the propaganda - liberals, progressives, the remnant of the leftwing - and the lies continue...

A "Big Problem" Emerges For Trump's Economic Plan

Republican lawmakers warn that there could be a major obstacle to enacting President-elect Donald Trump’s agenda: the national debt. As Senator Jeff Flake said of deficits and debt: "I was disappointed that it wasn’t brought up in the campaign. It’s the biggest problem we face, by far."