Archive for November 2nd, 2017

The president relies heavily on Twitter to announce policy and communicate with the American people.

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Ronald Reagan once said, No government ever voluntarily reduces itself in size. Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we’ll ever see on this Earth.
Reagan said that in 1964. The underlying point still holds true some 53 years later.
But theres more. Not only do government programs and bureaucracies seemingly achieve eternal life, but they grow bigger with failure. Failure in the private sector means trying something different or going out of business. Failure in government usually leads to bigger…

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After all the rumors and whispers of a surprise, President Trump intends to nominate Jerome Powell for Chairmanship of the Federal Reserve. Mr. Powell will, if confirmed, replace Janet Yellen after just one term. Consensus seems to believe that short of Yellens renomination, which may have been politically impossible for the President given his campaign stance on her, Powells ascent is as close to continuity as possible.
I also believe that is true, but very oddly so. Their backgrounds, Powell and Yellen, could not have been more different. The current Chairman was an academic…

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The long-anticipated tax bill is here. Find out whether you'll be paying more or saving more.

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Though the just-released Tax Cuts and Jobs Act might read like a blast from the past, there are certain key differences we can't overlook.

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Starbucks is selling its Tazo tea brand to Unilever for $384 million. 

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After a one-day delay, House Republicans, led by Speaker Paul Ryan and House Ways & Means Chair Kevin Brady, unveiled their plans for a far-reaching tax reform bill. The plan, entitled Tax Cuts & Jobs Act, is sure to unleash a flurry of lobbying and advocacy campaigns in the capital over the course of the next two months. Within less than an hour, many industry trade associations had already made clear their positions on the current plan. This page will update as more trade associations and industry advocates publicly state their position on the plan.
In Favor:
National Retail…

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<p>Jerome Powell, President Donald Trump’s pick to be the next Federal Reserve chairman, is set to take the reins of the world’s most important central bank when the U.S. economy is rolling along at a pace he’ll be under pressure to sustain.</p>

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He would come to the chairman’s job at the Federal Reserve with a wide-ranging résumé. One thing he lacks: an economics degree.

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The new tax bill unveiled by Republicans Thursday is so simple that taxpayers will be able to file using a postcard, according to GOP lawmakers.

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House Republican leaders began rolling out a tax bill Thursday that contains sweeping changes for business and individual tax rates, including a measure to cut the corporate tax rate to 20 percent.

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<p>After a search more public than any before in the Federal Reserve's more than a century of history, President Donald Trump is prepared Thursday to name his choice to lead the Fed.</p>

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So who runs the world? This year there's a whole new class of women in power.

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After months of internal debate among Republicans, the House Ways and Means Committee released the details of its plan to overhaul the U.S. tax code. Here is a look at all of the details.

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<p>House Republicans are set to unveil their far-reaching tax overhaul Thursday, making major changes yet looking to preserve current tax rules for retirement accounts popular with middle-class Americans and to retain a top income-tax rate for million-dollar earners.</p>

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