Mar 17, 2025
President Trump wants to dramatically reduce government spending with the goal of balancing the federal budget.
Mar 11, 2025
What a difference an election makes. Within days of Donald Trump securing the presidency in November 2024, America's business, media, and tech landscapes underwent a seismic shift.
Mar 3, 2025
Some of the most recent economic data seems to indicate that tough economic times may be coming. Gross domestic product growth is slowing. Inflation is rising. Tens of thousands of government workers are losing their jobs.
Feb 24, 2025
The latest data released by the Bureau of Labor Statistics shows that in January the annual inflation rate rose to 3%. Recall the Federal Reserve's target, set when inflation was more than 9% in June 2022, was 2%. We never reached that target, yet Fed Chair Jerome Powell...
Feb 18, 2025
Historically, when determining how much the federal government is spending annually, a process known as incremental budgeting has been used. This means that the next year's budget is based on a certain incremental increase above the current year budget.
Feb 11, 2025
Over the last four years, the Biden Administration wreaked havoc upon the American economy. Regulatory costs totaled approximately $1.4 trillion for the private sector in 2024 alone, and the inflationary effects of this government overreach were compounded by a series of...
Feb 4, 2025
President Trump has just imposed rather large tariffs on our largest trading partners. He imposed a 25% tariff on imports from Mexico, a 25% tariff on Canadian imports except oil which got a 10% tariff and an additional 10% tariff on goods from China.
Jan 27, 2025
The Trump Administration realizes that the quickly growing national debt must be reduced. The current public debt exceeds $36 trillion, and the interest expense is approaching $1 trillion annually..