Newsletter Archive

Trump Shifts Millions from Disaster Relief to Border

The Trump administration plans to use at least $155 million in disaster relief funds allocated to the Federal Emergency Management Agency to pay for immigration detention and processing facilities on the border with Mexico, according to a…

Plus: Plus, is a big jump in federal spending inevitable?

Bernie Sanders Unveils Sweeping $16.3T Climate Change Plan

Sen. Bernie Sanders on Thursday released his own version of the Green New Deal, calling for $16.3 trillion in spending — more than any of the plans released by other Democratic presidential candidates — as part of a 10-year World War II…

Plus: Plus, central bankers need help

Bernie Sanders Unveils Sweeping $16.3T Climate Change Plan

Sen. Bernie Sanders on Thursday released his own version of the Green New Deal, calling for $16.3 trillion in spending — more than any of the plans released by other Democratic presidential candidates — as part of a 10-year World War II…

Plus: Plus, central bankers need help

Trump Flip-Flops on Further Tax Cuts

President Trump said Wednesday that he’s no longer looking to cut payroll taxes, reversing comments he made a day earlier when he indicated that he was considering those and other tax changes.

Plus: Plus, the deficit will top $1 trillion next year, CBO says

Trump Says More Tax Cuts Are on the Table

President Trump said Tuesday that his administration is considering a push to cut the payroll and capital gains taxes, but he insisted that such moves aren’t imminent and would not come as the result of rising recession fears.

Pelosi Warns Trump on Foreign Aid Cuts

House Speaker Nancy Pelosi (D-CA) said the Trump administration’s reported effort to cancel more than $4 billion in unspent foreign aid funds raises serious legal issues and could jeopardize the two-year budget deal agreed to earlier this…

Plus: Plus - A discount moonshot?

Trump Eyes Billions in Cuts for Foreign Aid

The Trump administration is proposing to eliminate more than $4 billion in unspent foreign assistance funds, Politico reported late Thursday.

Plus: Plus - Greenland's nice this time of year

Why the US Should ‘Borrow Gobs of Cash’ Right Now

Investors worried about the health of the global economy continued to scramble to the safety of U.S. bonds on Thursday, driving the yield on 30-year U.S. Treasury bonds below 2% for the first time ever on Thursday. The yield on benchmark…

Plus: Plus, the cost of IRS budget cuts

The Market Flashes a Recession Signal

Investors scrambled for cover Wednesday as the bond market flashed a signal that a recession may be on the way, sending stocks sharply lower, with the Dow Jones Industrial Average falling 800 points, or 3%, its biggest drop of the year.

Plus: Plus, how employers are reacting to soaring health care costs

Schumer to Trump: Redirect $5B in Border Wall Money to Gun Initiatives

Senate Minority Leader Chuck Schumer plans on formally asking President Trump to withdraw a request for $5 billion in border wall funding and instead redirect the money toward addressing “gun violence and violent white supremacist…

Plus: Plus, how low are US taxes?

Trump Takes Aim at Immigrants Who Use Public Benefits

The Trump administration rolled out new regulations this week that will make it harder for legal immigrants who use public assistance programs such as Medicaid, food stamps and government-subsidized housing to obtain visas, green cards and…

Plus: Plus, the 2019 deficit blows past last year's total

A $50 Million Fight Over Gun Research Funding

As the gun-control debate rages on in the wake of the mass shootings in El Paso and Dayton, a key senator said Thursday that he would not support Democratic lawmakers’ calls to increase funding for gun violence research.

Plus: Plus, Pete Buttigieg unveils his health plan

The Border Wall Fight Is Coming Back

The fight over funding for President Trump’s border wall looks set to resume.

Plus: Plus, the soaring price of Trump's Air Force One

Two Mind-Blowing Numbers About the US Economy

We live in unusual and unsettling economic times. Today’s evidence of that came via two mind-blowing market numbers, 1.6% and $15 trillion.

Plus: Plus, your Wednesday news roundup

Trump Cut Funding to Fight Domestic Terrorism

The mass shootings in El Paso and Dayton that left at least 31 dead have raised questions among lawmakers and former officials about the Trump administration’s efforts to thwart domestic terrorism, and the resources the Departments of…

Plus: Plus, when the social safety net pays for itself

Trumpcare, Coming This Fall?

The Trump White House is “considering releasing” its long-promised health-care plan next month as part of an election campaign effort to counter calls from some Democrats for a transition to Medicare for All, The Wall Street Journal…

Plus: Plus, your Monday news roundup

Is Trumponomics a Failure?

The economic boost from President Trump’s tax cuts may already be gone. The tax cuts, combined with a big jump in government spending, produced a period of faster economic growth over the last year and a half, according to an analysis by…

Plus: Plus, the health care debate Democrats should be having

Democrats’ Unhealthy Debate Over Health Care

Over the past two nights, Democratic presidential candidates spent nearly a quarter of their debates arguing over their health care plans. While some useful contrasts came out of that back and forth, much of it was a muddled mess.

Plus: Plus, what's next for the budget deal

Democrats Brawl Over Medicare for All

Health care policy dominated the first half hour of the debate among 10 Democratic presidential hopefuls Tuesday night, with much of the discussion focused on the viability of Medicare for All.

Plus: Plus, what the Fed's rate cut means

Raise Taxes on the Rich? Why Dems Need to Think Bigger

The White House is working on a plan to allow U.S. consumers to import drugs from Canada, Health and Human Services Secretary Alex Azar told CNBC Tuesday. The goal is to allow Americans to “get the benefit of the deals that pharma…

Plus: Plus, Trump preparing plan to allow drug imports