Trump Economic Policy  (Page 1)

McConnell: ‘Zero Chance’ U.S. Won’t Raise Debt Ceiling

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Posted by  ▪  Tuesday, August 22, 2017 at 8:30am 8/22/2017 at 8:30am

While everyone is talking about statues or President Donald Trump taking a glance at the eclipse, America has some serious issues to address once Congress returns from its recess. This includes the debt ceiling.

Last month, Treasury Secretary Steven Mnuchin urged Congress to raise the debt ceiling to prevent the government from...

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Trump Ends Business Councils After Numerous CEOs Leave

https://twitter.com/ABC/status/897555267587461121
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Posted by  ▪  Wednesday, August 16, 2017 at 2:30pm 8/16/2017 at 2:30pm
https://twitter.com/ABC/status/897555267587461121

President Donald Trump has decided to dissolve his Manufacturing Council and the Strategy & Policy Forum after numerous CEOs left both due to the president’s responses of Charlottesville.

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Congress Will Face Debt Ceiling Decision Immediately After Recess

https://www.youtube.com/watch?v=TTlkX41zuhQ
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Posted by  ▪  Monday, July 31, 2017 at 10:12am 7/31/2017 at 10:12am
https://www.youtube.com/watch?v=TTlkX41zuhQ

After failing to do anything with Obamacare, Congress has gone on recess without addressing the debt ceiling.

Treasury Secretary Steven Mnuchin has warned Congress to address the debt ceiling for the past seven months and do something before recess. Mnuchin said the government needs to raise the debt ceiling before September...

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Media and Democrats obsessed with Russia. People I meet are focused on the economy and jobs.

https://twitter.com/realdonaldtrump/status/728297587418247168?lang=en
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Posted by  ▪  Saturday, July 29, 2017 at 9:00pm 7/29/2017 at 9:00pm
https://twitter.com/realdonaldtrump/status/728297587418247168?lang=en

I mentioned the other day how a friend, who is a lifelong Democrat and always has been very anti-Trump, expressed complete disgust at the media, particularly the handling of Russia, Media overplaying its anti-Trump hand – statistics and an anecdote about a lifelong Democrat:

The conversation was with someone I’ve known for almost...

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Tax Reform: GOP Leaders, White House Drop Border Adjustment Tax

https://www.youtube.com/watch?v=SuDlcHAqbLg
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Posted by  ▪  Friday, July 28, 2017 at 11:30am 7/28/2017 at 11:30am
https://www.youtube.com/watch?v=SuDlcHAqbLg

Congressional Republicans and President Donald Trump’s administration decided to abandon the controversial border adjustment tax (BAT) and concentrate more on corporate tax in their tax reform approach. The joint statement read:

While we have debated the pro-growth benefits of border adjustability, we appreciate that there are many unknowns associated with it and...

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Why Slashing Interest Deduction Could Cause Trouble for Businesses

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Posted by  ▪  Saturday, July 1, 2017 at 5:30pm 7/1/2017 at 5:30pm
https://commons.wikimedia.org/wiki/File:Mount_Angel_OR_-_grain_field.jpg

Healthcare reform has taken center stage once again, but tax reform still lurks in the background. It’s yet another issue that Congressional Republicans cannot agree on, mainly on the border adjustment tax.

But there’s a tax deduction the Republicans may eliminate that could cause problems and possible resistance among lawmakers, including within...

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Blue Dog Democrats Met With Trump Officials to Discuss Tax Reform

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Posted by  ▪  Wednesday, June 21, 2017 at 1:09pm 6/21/2017 at 1:09pm
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THEY DO EXIST! Yes, Congress still has Blue Dog Democrats within its walls. The group consists of only 18 members, but it could be enough to push tax reform through this year.

These Democrats view themselves as ones who can help “broker a bipartisan deal.” The Hill reported:

“If it’s constructive, if they’re...

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Dakota Access Pipeline Update: Judge orders redo of environmental review

https://www.youtube.com/watch?v=BriIaRuvPp0
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Posted by  ▪  Monday, June 19, 2017 at 8:30am 6/19/2017 at 8:30am
https://www.youtube.com/watch?v=BriIaRuvPp0

President Trump has faced many opponents during his quest for the White House and the early days of his administration. However, no group seems to be as powerful as the judiciary when it comes to gutting his policies.

Legal Insurrection readers will recall that one of Trump’s first acts as President was ...

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House Freedom Caucus: Tie Welfare, Health Care, and Tax Reform Into One Bill!

https://www.youtube.com/watch?v=TUKQfpDr-C8
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Posted by  ▪  Sunday, June 11, 2017 at 4:30pm 6/11/2017 at 4:30pm
https://www.youtube.com/watch?v=TUKQfpDr-C8

House Freedom Caucus Chairman Mark Meadows (R-NC) and other members have showcased their ambitions:   the caucus wants to add welfare, health care, and tax reform all into one bill and pass it all by the end of the summer.

The biggest stars of reform, health care and taxes, have caused the...

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Mnuchin: U.S. has Plans if Congress Won’t Raise Debt Ceiling

https://www.youtube.com/watch?v=TTlkX41zuhQ
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Posted by  ▪  Sunday, June 11, 2017 at 9:00am 6/11/2017 at 9:00am
https://www.youtube.com/watch?v=TTlkX41zuhQ

In May, Treasury Secretary Steven Mnuchin asked Congress to raise the debt ceiling before members take their summer recess in order for America to pay its debts. The ability to borrow money expired on March 16.

Now Mnuchin has said that he and...

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House Passes Bill That Would Roll Back Most of Dodd-Frank

https://www.youtube.com/watch?v=C-Y-nW6enmk
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Posted by  ▪  Friday, June 9, 2017 at 5:00pm 6/9/2017 at 5:00pm
https://www.youtube.com/watch?v=C-Y-nW6enmk

They did it! The House passed the Financial CHOICE Act, which would roll back regulations established in Dodd-Frank, one of former President Barack Obama’s biggest pieces of legislation.

From The Hill:

Sponsored by House Financial Services Committee Chairman Jeb Hensarling (R-Texas),...

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Will the House Vote to Repeal Dodd-Frank?

https://www.youtube.com/watch?v=C-Y-nW6enmk
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Posted by  ▪  Monday, June 5, 2017 at 1:00pm 6/5/2017 at 1:00pm
https://www.youtube.com/watch?v=C-Y-nW6enmk

The House of Representatives will vote on the Financial CHOICE Act this week, which will repeal a lot of the Dodd-Frank Reform Act. The Hill reported:

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Mulvaney, Mnuchin Offer Different Views on Trump’s Tax Plans

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Posted by  ▪  Monday, May 29, 2017 at 12:30pm 5/29/2017 at 12:30pm

I think it’s safe to assume that a tax reform plan will take a lot longer than Trump’s administration thinks, especially when his officials cannot agree on how the plan will work.

That’s exactly what happened when White House Budget Director Mick Mulvaney and Treasury Secretary Steven Mnuchin testified in front of...

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Paul Ryan Won’t Let Go of the Border Adjustment Tax

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Posted by  ▪  Wednesday, May 24, 2017 at 4:00pm 5/24/2017 at 4:00pm

Speaker Paul Ryan (R-WI) will not let go of a border adjustment tax (BAT) when it comes to tax reform, which will set up a major showdown with the White House and possibly the Senate.

Ryan admitted today that the House could pass a tax bill without the BAT, but he’s still...

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President Trump Receives Royal Welcome in Saudi Arabia

https://youtu.be/nh2nyi885rU
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Posted by  ▪  Saturday, May 20, 2017 at 3:30pm 5/20/2017 at 3:30pm
https://youtu.be/nh2nyi885rU

President Trump arrived in Saudi Arabia to a resplendent royal welcome.

The Chicago Tribune reports:

President Donald Trump, in the first stop of his maiden trip abroad, received a regal welcome Saturday in Saudi Arabia, feted by...

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Trump Triggers NAFTA Renegotiation Process

https://www.youtube.com/watch?v=zFrarC6IhU4
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Posted by  ▪  Thursday, May 18, 2017 at 5:30pm 5/18/2017 at 5:30pm
https://www.youtube.com/watch?v=zFrarC6IhU4

President Donald Trump has officially alerted Congress that he will begin NAFTA renegotiation talks. This gives Trump’s administration, Congress, and businesses a 90 day consultation period before he sits down with Canada and Mexico. From Fox Business:

“Today, President Trump is fulfilling one of his key promises to the American people,” U.S....

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GOP Senators Shoot Down Trump’s Demand to End the Filibuster

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Posted by  ▪  Tuesday, May 2, 2017 at 8:45pm 5/2/2017 at 8:45pm

President Donald Trump wants to push through his agenda no matter what it takes. On Tuesday, he proved that when he tweeted out that the Senate change the rules to eliminate the 60 votes needed to avoid a filibuster when it comes to a spending bill.

The GOP in the Senate have...

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