By Printus LeBlanc While the U.S. has been paying attention to the G7 summit and the historic meeting between President Donald Trump and North Korean dictator Kim Jong-un, another event that could have a major foreign policy and economic impact on America is unfolding before […]

By Robert Romano “[N]o subsidies. I even said no tariffs… We have to — ultimately, that’s what you want. You want a tariff-free, you want no barriers, and you want no subsidies, because you have some cases where countries are subsidizing industries, and that’s not fair. So […]

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By Robert Romano Attorney General Jeff Sessions has announced his intention for the Justice Department to no longer defend the Obamacare law’s individual mandate to purchase health insurance in court , in a June 7 letter to House Speaker Paul Ryan. “In National Federation of Independent Business v. Sebelius [in 2012], a majority of the Supreme Court concluded that this requirement […]

By Robert Romano 2026. That is when the Medicare Hospital Insurance trust fund will be depleted, according to the Board of Trustees for the Federal Hospital Insurance and Federal Supplementary Medical Insurance Trust Funds. That is down from 2029. After that, the share of benefits paid for by revenues will drop until 2039, […]

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By Robert Romano Italian President Sergio Mattarella has ended the impasse in Rome and has allowed a new government to be seated , with Giuseppe Conte being sworn in as Prime Minister, the Five-Star Movement’s Luigi Di Maio being named Deputy Prime Minister and Labor Minister and the League’s Matteo Salvini being named to […]

By Robert Romano The U.S. economy added 293,000 jobs in May, according to the household survey published by the Bureau of Labor Statistics , bringing the total to nearly 3.4 million more Americans reporting they have jobs since President Donald Trump took office in Jan. 2017. That averages about 212,000 new jobs every month, to a total of 155.47 […]

By Robert Romano He did it. In his continued push for “fair and reciprocal” trade, President Donald Trump has followed through on his promise to impose a 25 percent tariff on steel and 10 percent tariff on aluminum from Canada, Mexico and the European Union. The three had been temporarily excluded from […]

By Printus LeBlanc Last week an unknown Chinese phone company, ZTE, was thrust into the spotlight because of ongoing trade negations and sanctions talk. Members of the Senate and House were up in arms because President Trump was in discussions to lift or modify the […]