News

Biden could wipe out $50,000 of student debt per borrower without Congress. Here are 3 other areas where he can help the struggling US economy even with a GOP-controlled Senate.

President-elect Joe Biden will inherit a struggling economy when he takes office in January. Republicans may maintain control of the Senate, depending on the outcome of two Senate runoff races in Georgia. Biden could provide student-debt relief, repurpose unspent federal relief funds, and raise the minimum wage for federal contractors […]
Biden could wipe out $50,000 of student debt per borrower without Congress. Here are 3 other areas where he can help the struggling US economy even with a GOP-controlled Senate.
News

Trump is campaigning that he’s kept ‘every single one’ of his promises. Here are 5 kitchen-table economic pledges he’s failed to fulfil.

Summary List Placement President Donald Trump is campaigning that he’s kept “every single one” of his promises. He said as much during the recent Republican National Convention. “I did what our political establishment never expected and could never forgive, breaking the cardinal rule of Washington politics: I kept my promise,” […]
Trump is campaigning that he’s kept ‘every single one’ of his promises. Here are 5 kitchen-table economic pledges he’s failed to fulfil.
Markets

Trump wants tax breaks to encourage people to watch sports games and travel around the US. Here’s why that could backfire as the pandemic rages.

President Trump is seeking tax breaks to encourage Americans to watch sports games and travel around the US in an effort to boost the economy and restore normalcy. “We’re looking at deductions for business expenses, restaurants, baseball games, if hopefully they’re going to open,” National Economic Council Director Larry Kudlow […]
Trump wants tax breaks to encourage people to watch sports games and travel around the US. Here’s why that could backfire as the pandemic rages.
Markets

The Trump administration might circumvent Congress to enact new economic-relief measures, report says

The Trump administration is reportedly weighing whether it can go around Congress to implement economic-relief measures, such as enacting liability protections for businesses and pushing the tax-filing deadline back several months. Trump supports shielding businesses from coronavirus-related lawsuits, saying it would be “litigation heaven” without such measures. The White House […]
The Trump administration might circumvent Congress to enact new economic-relief measures, report says
News

A former Reagan economist wants to slash the salaries of professors and public officials — while simultaneously proposing tax cuts to stimulate the coronavirus-stricken economy

Former Reagan economic advisor Arthur Laffer wants to cut the salaries of government officials and academics to stimulate the coronavirus-stricken economy. His proposal also includes a payroll tax cut until the end of the year. Laffer has been mentioned as a possible leader of the second coronavirus task force aimed […]
A former Reagan economist wants to slash the salaries of professors and public officials — while simultaneously proposing tax cuts to stimulate the coronavirus-stricken economy
Markets

Trump’s approval rating on the economy jumps to all-time high

New polling shows an increasing percentage of American voters say they approve of President Donald Trump’s handling of the economy. That could buoy broader support as the Senate resumes an impeachment trial against him. The economy and public perceptions of it have historically played a crucial role in presidential elections. […]
Trump’s approval rating on the economy jumps to all-time high
Markets

George Soros warns the US economy under Trump is headed for peril

Liberal billionaire investor George Soros warned guests at an informal dinner at the World Economic Forum in Switzerland that the US economy under Trump is headed in a perilous direction. “Trump’s economic team has managed to overheat an already buoyant economy,” Soros said at the elite gathering of business titans […]
George Soros warns the US economy under Trump is headed for peril
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