05.22.2017

We must enforce NAFTA and get tough on Mexican sugar dumping

By Rick Manning As originally published at http://thehill.com/blogs/pundits-blog/international/334265-we-must-enforce-nafta-and-get-tough-on-mexican-sugar-dumping Click here to urge President Trump to stop Mexican cheating on NAFTA and enforce the law. President Trump disrupted conventional Republican politics with his recognition that the so-called free trade deals of the 1990s and 2000s were a disaster for American workers in many ways. The disruption and surprise to pundits came when they discovered that […]

05.19.2017

Trump budget forces Congressional GOP to choose sides

By Rick Manning President Donald Trump’s first full budget will be presented to the nation on May 23, and if the so-called preliminary or “skinny” budget is any sign, it will provide ample proof of why he is the swamp’s worst enemy. Preliminary indications are that the […]

05.17.2017

The IRS answers tax law questions inaccurately 15 percent of the time. How is the agency supposed to automatically do our taxes?

By Richard McCarty A new bill, the so-called “Tax Simplification Act,” by Sen. Elizabeth Warren (D-Mass.) would allow the IRS to automatically do taxes on behalf of taxpayers. Does she take the American people for fools? For years, we’ve heard warnings that the tax advice the IRS provided to callers […]

05.15.2017

School choice is the only real choice for states

By Natalia Castro Democrats love school choice, that is, as long as only their students get to choose. Luckily, President Donald Trump is leveling the playing field for students in his backyard, with hopes that legislators around the country will do the same. Trump and […]

05.10.2017

Clock-watchers: Federal employees get raises about every other year on the job

By Robert Romano “Employees who occupy permanent positions earn [within-grade increases] upon meeting the following three requirements established by law: The employee’s performance must be at an acceptable level of competence. To meet this requirement, an employee’s most recent performance rating of record must be at least […]

05.09.2017

The real 1 percent: The federal workforce

By Robert Romano The non-defense, non-postal service part of the federal government comprises about 2 million employees — about 1.37 percent of the total U.S. workforce. Since 2004, federal government average hourly earnings have increased from $28.57 to $39.19 in 2016, while private sector average hourly earnings […]

05.08.2017

House Financial Services votes to rein in Consumer Financial Protection Bureau, Dodd-Frank

By Peter Hong There is an all too common pattern in Washington, D.C.  Congress does nothing.  A crisis arises.  Panicked, Congress overreacts.  It creates bad laws.  These bad laws preclude or delay any recovery that would have resulted from a market readjustment.  Congress does nothing […]

05.05.2017

Millennial housing crunch underscores urgent need for economic, jobs and income growth

By Robert Romano The home ownership rate among 25 to 34 year olds peaked in 2004 at 49.5 percent and then plummeted when the housing bubble collapsed, to 39.2 percent in 2015, according to data compiled by the U.S. Census Bureau . It still has not stopped dropping. The cause? Apparently, the gap between incomes and […]

05.04.2017

Did foreign banks benefit from the Fed’s $1 trillion of MBS purchases since 2012?

By Robert Romano The Federal Reserve has increased its holdings of mortgage-backed securities dramatically since Oct. 2012 by almost $1 trillion, from $834 billion to $1.77 trillion today . That was at the time the third round of quantitative easing began. By the time the Fed’s taper was supposedly over in Oct. 2014, […]

05.02.2017

Trump forces NAFTA renegotiation with Mexico, Canada from bully pulpit

By Natalia Castro President Trump is utilizing a new platform to engage in foreign trade relations — Twitter. With simple tweets Trump has made it clear that the United States is completely willing to withdraw from the North Atlantic Free Trade Agreement (NAFTA) if the […]

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