Another interesting piece by Federal Tax Policy Vice President Erica York at the Tax Foundation. One premise . . . “an analysis suggests the administration could replace 56% to 73% of IEEPA revenue using Section 122 tariffs.” Over the past week, we received final tariff collections data for 2025 from the Treasury Department, a new Beige Book from the Fed, and a […]
Two “deadlines” have come and gone for the SCOTUS to rule on the constitutionality of Trump’s tariffs. Meanwhile, Trump is throwing brush-back pitches. He bleated on social media: “”If the Supreme Court rules against the United States of America on this National Security bonanza, WE’RE SCREWED!” So the tariffs aren’t to enforce fair trade practices, […]
This short piece suggests how healthcare could be paid for in the US. A necessary first step to restore faith in American democracy and the public sector. or how to close the nation’s current fiscal gap. Right now the current Republican Administration led by President Tru_p solution is to cut healthcare via Medcaid to much […]
Just some recent stats so Angry Bear readers can understand this is still an issue. Biden did take some actions as the president. Supreme Court did block Biden on taking greater by canceling $400 billion in student loan debt. Also, I added some detail as developed by Melanie Hanson as to the loan originators. Student […]
Quick update on what is going on with healthcare for citizens. Republicans are still working hard to cut healthcare benefits to 1.5 to 2 million citizens. Let’s not forget the reasoning for doing so. Tru_p’s tax cuts to the upper 1 or so percent of the population not needing a tax cut need a balance. […]
– by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha There are some minor changes, but no big turns in trends. But the recent change in trend that has been further reinforced is the sharp deceleration in growth in withholding tax payments that began in October. The bulk of the evidence suggests that […]
An article by Lloyd Alter about the problematic construction of a tall building (NYC) that flexes and bends in the wind. The result of which are cracks in the in the exterior surface of the building which is also load bearing. Too costly for me to live there and I probably would not even if […]
Trump screwed his farm belt voters with his China tariffs. While China had been a reliable buyer of American soybeans, it retaliated by buying Brazilian soybeans instead. Brazil is expected to have a record soybean harvest next year. Recently, Trump announced a “deal” in which China would resume American soybean purchases. “A U.S. Department of […]
Looks like Trump is finally seeking tariff reductions to lower the price of groceries. “The White House on Thursday during a background call with reporters announced framework deals with Argentina, Guatemala, El Salvador, and Ecuador that it hopes will bring down the costs of certain groceries. “These deals come after President Donald Trump and some […]
For Some Reason, the wording disappeared off of the SNAP site which basically says the Gov. has to provide the funds which are available. “Administration Won’t Spend All SNAP Funds It Says Are Available, Leading to Deep Benefit Cuts for Low-Income Households,” Center on Budget and Policy Priorities The courts affirmed that the Administration could […]